Bitcoin Forum

Pyramining - Is it really worth it?

Can it generate mass ROI?

Any success stories?

Can pyramining make you money?

I don't know, but just in case...

http://pyramining.com/referral/qnzmxfpyt (http://pyramining.com/referral/qnzmxfpyt) 2012-10-05 07:42:00 UTC still active
http://pyramining.com/referral/yh6nc3mrs (http://pyramining.com/referral/yh6nc3mrs) 2012-10-05 07:42:00 UTC still active
http://pyramining.com/referral/6etkm9pcg (http://pyramining.com/referral/6etkm9pcg) 2012-10-05 07:42:00 UTC still active
http://pyramining.com/referral/rscpzfk4y (http://pyramining.com/referral/rscpzfk4y) 2012-10-05 07:42:00 UTC still active
http://pyramining.com/referral/8y2r9d67z (http://pyramining.com/referral/8y2r9d67z) 2012-10-05 07:42:00 UTC still active

loox pretty neat to me, a serious alternative to mining bonds

here my referral links, as well -->>

http://www.pyramining.com/referral/mad8x6c9t
http://www.pyramining.com/referral/b86xsat97
http://www.pyramining.com/referral/aqk826tpz
http://www.pyramining.com/referral/fxrnz8qkt

Well, you don't make quick money with it. It really takes long until you see some returns.

Also compared to other investments the 10% (+x% for reveals) you get on your investment aren't that much.

Also consider, that there is no withdraw option. Once you have sent your coins there is no turning back.

So consider carefully before joining.

For me, my first account is completed. Deposited 4.57 BTC got 6.63 BTC back in about 4 Month(got some good reveals). My second account is about 13% after 2 month.

If you really want to joint up look closely into your sponsor. Your sponsor will get 15% of your Hashing power until he is completed, his sponsor 7.5% and the next level 7.5% too. If they are completed this is given to the next active account. So you get faster returns when there are fewer active accounts above you.

You can preview your sponsor before joining, by clicking on sponsor in the upper right corner on the pyramining page after you have clicked on a reveal link.

 

I'll just leave a link to my stats page...
http://www.pyramining.com/account/browse?id=s9q3bxy8

Ohh, come on. Really?

That makes me a bit envy.

...

Ok, not only a bit. And it's only at 50%!

Yes, really.

The risk is high considering only 110% return in one year. Wait the ~completion time is now 14 months and it is growing up. Not worth putting bitcoins there.

Based how many referals i see it seems more like ponzi scheme than legitimate business. I wouldnt be surprised if no hardware exists for mining at all and it collapse sonner or later ;D

Anyway you have to trust them. Why you dont buy mining equipment and mine yourselves? It does not have smaller return and is not as risky as this.

I have personally visited pyramining infrastructure. I understand that my word is worth nothing, but
I want to add my opinion on it: pyramining is worth it, and it's serious business.

You can even see some photos here:
https://www.bitcoin-italia.org/forum/Thread-Immagini-della-centrale-di-un-famoso-minatore-italiano (https://www.bitcoin-italia.org/forum/Thread-Immagini-della-centrale-di-un-famoso-minatore-italiano)

/paci

Thanks for the photos, much appreciated and the advice :)

Pyramining Links - Since someone else spammed my post :P

http://www.pyramining.com/referral/697pbtkdn
http://www.pyramining.com/referral/k6d9t2amb    
http://www.pyramining.com/referral/3bzag26xt

You could buy your own kit, but with the cuirrent difficulty level, the cost of electricity excludes this option for many.  ASICs will change that, however not for a while.  This is a good return on ivestment as the 10% assumes you dump your BTC and ignore it until it completes.  If you are clever about how you organise your accounts and referals you can make much more and much more quickly!  If you choose me as your sponsor and deposit a reasonable amount, I am willing to demonstrate!

http://www.pyramining.com/referral/rqsf7d4h2
http://www.pyramining.com/referral/2hysa47ft
http://www.pyramining.com/referral/q26chxfrg
http://www.pyramining.com/referral/2zhx8pdm7
http://www.pyramining.com/referral/ncahx4r2d

I would say definitely worth it!

I'd be happy if you would choose one of my links as many other satisfied pyraminers before! =)

http://pyramining.com/referral/rm4qht7ns   2012-09-10 10:55:11 UTC   still active
http://pyramining.com/referral/2nyd3rqzc   2012-09-05 07:52:41 UTC   still active
http://pyramining.com/referral/eckrasp34   2012-08-27 20:21:47 UTC   still active
http://pyramining.com/referral/d62mpqrfk   2012-08-26 15:20:09 UTC   still active
http://pyramining.com/referral/nry768a4d   2012-08-26 15:20:09 UTC   still active

Thank you in advance!

It's a Ponzi.

The hardware is really there:
https://www.bitcoin-italia.org/forum/Thread-Immagini-della-centrale-di-un-famoso-minatore-italiano

and pyramining is indeed mining and paying so far. From all the investment out there I would consider this the most unlikely to be a ponzi.

Also before the point it really paid out more than it collected you can't know for sure.

And right now, nothing would really surprise me.

Yes pyramining makes a lot money, it depends if you want to put in the work to spam everyone your links to build up your referrals.

http://www.pyramining.com/referral/329b84tfg           2012-06-16 05:32:05 UTC   still active
http://www.pyramining.com/referral/cma9hkbex   2012-06-16 20:33:38 UTC   still active
http://www.pyramining.com/referral/azr8tqbyf           2012-10-03 20:51:54 UTC   still active
http://www.pyramining.com/referral/7gpxmszda   2012-10-06 01:36:13 UTC   still active
http://www.pyramining.com/referral/r7p8xynkm   2012-10-06 01:36:13 UTC   still active 

I'll outsource my thoughts:
  http://skeptoid.com/episodes/4176

It can because he will still mining even if everyone stop sending bitcoin to it.
You are funding his mining rig.
So you know its business plan, it isn't hidden. Make your choice :)

I personally think that the worst case is that his mining rig get destroyed by asteroid/terrorists/earthquake

I've been there too, it's an awesome infrastructure and the guy running it is very serious.
He also has some amazing plans for the evolution of the farm in the future.

The risk is depending on mining and nothing else. And for sure is not higher than buying your own mining equipment. Since hashing power costs much less than buying FPGA on your own (expecially if small quantities are involved), even if you open an account and drop funds without finding any referral grants you a faster ROI.


I showed pictures of the infrastructure to people who requested it. And several persons (also members of this forum) came and visited the infrastructure in person. And no, it is NOT a ponzi scheme. The "referral" thing is advertising for pyramining and a way to increase earnings for members.


We do a lot of R&D, here, and buying your own mining equipment costs much more (almost double) so your return is delayed a lot, and the risk therefore is higher. Moreover what does it happen for people who bought FPGA units recently and still didn't breakeven, while we are close to an huge difficulty increase? They will never mine enough bitcoins to cover their investment. While who invested in pyramining will benefit for the infrastructure upgrade and don't lose money.

I think that there are not any other mining company who could compete with my plan. I didn't follow them closely so I am not sure of what I am saying here, but probably most (if not all) GLBSE mining companies made their investors lose money.

I never received any complaint from anyone of my members.

And you didn't even try to understand what's behind before clicking 'reply' and write something superficial and wrong! :-) Go back to your porn stock exchange. :-)

Gavin, it's not "multi-level-marketing", even if you can find some similarity from those schemes.

Multi Level Marketing bases your earnings on selling stuff  to/recruiting other members. Pyramining works even if you just deposit any amount and do nothing else.

The referral system used here is only a form of "advertising", and gives a chance to have higher rewards to who does it better.

I visited Pyramining too.

Rigs were not plastic boards…..

Aside jokes, Pyramining not only is real but is located/part of a much larger company.

Yes, there is always the risk that a company goes belly up but, in this case, I can personally say it is not a Ponzi.

I am quite new here, but I have no doubt Pyramining is a well planed entrepreneurship,  developed not only thinking in this community, but also in the future users of bitcoins, those who, like me, don't have enough (technology, time, knowledge, space, etc...) to do the mining by themselves. In order to do this, he/she, find the way to invest in technology without having the necessary to invest.

I mean, used a Win-Win scheme. Pyramining incorporates the needed technology and we have a secure place where to invest. Perhaps 110% return in one year is not much, I believe this is because there is not as high risk as in others investments.

I am investing very little in Bitcoins, I've been "studying" about them since middle September and I've seen a lot of trouble arround them, but this investment is the one that gives me more confidence.

I hope not to be wrong.


And down there ß are my referrals if you  want

Worth it: steady income and lower risk.

http://pyramining.com/referral/9mdsg6c4t
http://pyramining.com/referral/d9zypfmtn
http://pyramining.com/referral/xt97zbghf
http://pyramining.com/referral/3qkf92mzt
http://pyramining.com/referral/gxdsfn6t4
http://pyramining.com/referral/qcexpf7t6
http://pyramining.com/referral/zhq4bd7g8
http://pyramining.com/referral/ha76sp9rf
http://pyramining.com/referral/64sk3rbcy
http://pyramining.com/referral/kbhtfszny

or check facebook (http://www.facebook.com/pyramining)

Of course is worth it!

And it will be more profitable in a few weeks when ASIC infrastructure will be ready!

Yes, and he is working very hard in it.

http://www.pyramining.com/referral/ma7ebpn2f   2012-08-17 14:10:34 UTC   still active
http://www.pyramining.com/referral/3rhndbm7c   2012-08-13 04:41:08 UTC   still active
http://www.pyramining.com/referral/mh6gdse83   2012-08-13 04:41:07 UTC   still active
http://www.pyramining.com/referral/b9xadtnef   2012-08-13 04:41:07 UTC   still active
http://www.pyramining.com/referral/nh7qm4dzt   2012-08-08 14:30:00 UTC   still active

http://www.pyramining.com/referral/mrz6kc8ph   2012-10-03 08:49:56 UTC   still active
http://www.pyramining.com/referral/782dhb9r3   2012-09-15 08:24:44 UTC   still active
http://www.pyramining.com/referral/c2zsbef6n   2012-09-15 08:24:44 UTC   still active
http://www.pyramining.com/referral/h2ad68ycf   2012-09-15 08:24:44 UTC   still active
http://www.pyramining.com/referral/e4gp6cyhr   2012-09-15 08:24:43 UTC   still active

If you have any doubt about Pyramining, try this new related promotion:

http://www.links-pyramining.com/extra-bonus

I trust pyramining so much that I give you +5% in advance (+15.5% total) if you join through my links on that page. Please, read the page carefully.

Thank you ;-)

http://www.pyramining.com/referral/prqx86dem    2013-03-31 06:03:22 UTC    still active
http://www.pyramining.com/referral/mna8hqsrx    2013-03-31 06:03:22 UTC    still active

yep it works for me :)

http://www.pyramining.com/referral/np6xkfsyg   
http://www.pyramining.com/referral/b2yk6xhnt