Bitcoin Forum

LET’S TRY TRANSPARENT CLOUD MINING!
www.bitcause.org (http://www.bitcause.org)

- No fees
- Guaranteed ROI
- Real miners
- Charity

First thing we do with cloud mining is to check if you can get any decent ROI. Well let’s give you the figures to start:

- Daily income per TH/s is about 0,009 BTC (we don’t charge fees because they are prepaid)
- Costs of 1 TH/s for a Year is about 2,95 BTC (approx. € 615,- Euro)
- The difficulty will increase slightly during the year (we will handle this)
- Your hash rate will increase accordingly after block halving to keep your income stable
- Calculated profits of est. 9% up to 17% after 12 months

Do it for the Crypto awareness charity!
1% will be donated to education projects

According to the site the 1TH is 3.122461

CLOUD PACK 3 |  3.122461 | 1000 GH/s

That is 5.8% more than your statment  :D

Nope, nope, nopety nope.
Anyone else smell a scam?
New account posts unknown website, not liking this.

No fees : you don't pay electric cost?
Guaranted roi : not exist in the world a site like guaranted roi with cryptocoin
Real miners : proof of your miner at work?

again.... Red Flags all over this posting.

There are NO guarantees in Crypto!

But...but...guys!  It's for the CHILDREN!   :P

From FAQ's


Where? Who? When?


Edit: great typo

"All daily payouts and weekly withdraws are calculated automagically"

So you claim to be in Thailand. Great. Hope you enjoy the weather there.

Then your domain was registerd by J.W. Veldhuis from Golden Media in Holland. Did I forget to mention that Golden Media also uses the following trade names:
HostThis!
Gamingmaster
Aurum Cryptum
Zeusminer Shop
But well, yeah, forgot, that's in Holland, not in Thailand.

Well, what about Jannoi van Melle? He, too, lives in Holland, but speaks Thai. He works for you, doesn't he?

So a bit of transparency wouldn't be bad, right?

Came in here sceptical, leaving here more confirmed. I was just about to do the search myself, good find.

This site is a joke of the year, i copy to thr faq

Is this another Ponzi scheme?
No. We will not use proceedings from new customers to pay the old customers.
We have actual miners. And full proceedings will be used to pay out the customers.
We have real staff, and have an IPcam with open stream to view the actual miners.
Are you really a cloud mining firm?
Yes, we are a cloud mining firm based in Thailand.
Can you prove that?
Our hardware supplier can vouch for us for having bought the miners and we have several pictures of the miners.
Plus we will let in a Journalist to write a report.

you have ipcam for see in stream or several pictures ?  ;D

funny scammer

obviously scam site. with site looks patch-up and you offer to guaranteed ROI and no maintenance fee is really obviously scammer, recently mining bitcoin is need a lot budget, without prove some pic of a farm miner, it's clear the site is scam.

Well, that was like expected.
All of you (including us, Jan & Jannoi) have been a victim of scam sites like ltcgear and lost a lot of money.
That's the main reason why we started this. Jannoi comes from Thailand and still does business there.
The power costs are very low over there, that's why we thought "Why not start for our selves?".

We have as main goal to change your minds about cloud mining. It's profitable if you do it right. Transparancy is one of the things we want to offer to change the peoples opinion. 
Second goal is to make more people aware of the great possibilities of crypto currencies. We want to achieve this awareness by using a good cause. Every customer at www.bitcause.org will automatically donate 1% of the weekly income to the good cause. You can read more about the cause on ur website.

A lot of you just shout SCAM! not knowing that we are for real and here to change your mind.
We hope to change your mind in the coming weeks. Jannoi is very busy in Thailand with setting up the rest of the warehouse, arranging contracts with other companies over there and such.

All we ask for is: don't judge before you know all the facts.
A few people from inside our Facebook group (Altcoin Nederland & België) already bought some packs to check it out and we expect them to post something about Bitcause on this forum and litecointalk in the coming days/weeks.

Thanks for your time!

P.S. @RealMalatesta:
The mining business is being run from Thailand, I registered the domain name here in The Netherlands.
My apologies for not being that transparant upfront.

It's a bad idea to buy "cloud mining" from a newbie announcing a new website. Smells like a scam, HYIP at least.

i'm sure this cloud mining is ponzi scheme, did you can show a proof of mining.

Its a shame to see so many of these shoddy mining websites pop up... its even worse to see they are now trying to use the idea of donations and helping people in need to suck additional would-be investors into their web.

I will stay away until you show proof of mining. I like idea of transparency - let see what you will show us.
Think about market to give chance to escape for gamblers with will go in :) 
Only contracts - never!

this is a big scam! stay clear from it!
only big words from Jan

Shame. Using charity to entice people to cough up some money.

And transparency? Heck, they don't even have pictures of their mining farm. If ever they pay out, I'm pretty sure it's a Ponzi.

Not like buddy. Very long ROI

It is way to fishy when a newbie member comes up with his own cloud mining site.

Why would someone who is deeply involved in bitcoins not have an account on this site?

Becareful guys, don't trust any new sites, might just be another ponzi scheme.

Red flags:
- Any proof of mining to justify your transparency and real miners?
- Only an address for contact information?
- Why do you even have Google ads (AdSense) on your site? Doesn't look professional imo.

I do see you have your own mining pools set up, no miners on them thou. ???

Since you claimed to have real miners, can I rent them to mine on other pool? ::)

Looks like all the other cloudminers.
Not worth the time, nore my money.

9-17 % annual ? That's not that great. That is sustainable but there are other far better investment options out there. For a proper investment thts not that great. You want to have a return of at least 20% a year for an investment .

Scam scam scam.. scam one more scam lol

So you're telling us that even a scam level revenue is not good enough for you anymore? You have pretty amazing expectations if you ask me.

I don't know who dig out this topic, but it needs to be closed to avoid further confusion. No one will gonna earn anything here.

One more word of advice - if you see words bitcoin + charity in one sentence there is VERY HIGH chance it is actually a scam.

I don't want to give you one more time this same questions ( i didn't read all thread, but i'm sure that already you get questions about legality..) . Tell me just one thing: Bitcoin address connected with your pool.

Thank you!

you owner your founder cloud mining site
but promote your profile only newbie and bad trust is negatif
i think nothing is people interest and believed for you and join with your cloud mining
is until now nothing member join and not transaction member receive payment

Holy shit guys I found the reincarnation of Shakespeare

Seriously all of my way right here