Try looking up VPN, it might explain a few things.

Proof?

Order 488, placed Oct 7th
Paypal TX Transaction timestamp
Oct 7, 2013 11:04:13 PDT



I'll accept your public apology here

Never be afraid about how stupid you are, its a free world. That's what happens when you try to match an IP from an email to a forum account when it's not your forum or IP logging.

You might want to look up how to treat your customers better as this is not the first time in his thread you've been called to task for your customer service skills (post #50 on page 3)

Now, how about those answers for a paying customers questions??

OK, lets do a little business 101 here... (and some common sense)

If there was a theft of coins which appears likely, how would you suggest they pay them back to people who earned them (the members who effectively had their coins stolen by a third party that were held at 50btc)?
How do you think they make an income? with the percentages (in the form of commission) as you would figure out with basic understandings of most mining pool business models...

So if you keep the above in mind... how would you expect them to cover the outstanding balances with zero income? Unless you *ASSUME* they have other funds hidden somewhere.

You could see this as a company seeking bankruptcy protection whilst attempting to trade out of the bad situation so everyone would get paid eventually.

Finally here is how I can see it working, if they are honest (do we have any proof of any dishonesty? what happened last time there was an issue like this?) then they would need some form of income for new %s (as a commission) off the top of the hashed/mined coins from here on in, as you can not pay people with money you do not have unless you steal from someone else, which would be rather unethical to me and I would not trust a thief (remember they are claiming theft from them via one means or another, ie they claim to be a victim here also), I do not suspect that their motive is to steal (from past history and) as they are still functional (to a degree) and have not said (like abcpool.co - I know different story but I lost coins there too) that they would close up. To me it looks like they have intentions to trade through this, time will tell and you would be right to think it is a gamble to push hashes their way but in the same breath it may be the only way people will get paid out and for them to grow again. I also hope that if/when the get through this storm they show appreciation to those who stood by them and had faith in their commitment.

standalone boards with oversized heatsinks for a demo?

Do you still believe you will be sending out the first units on Monday Nov 4?

That 20-25 day estimate is gone, even the 24-28 day estimate you gave a few days isn't going to happen (mid Sept till Nov 4 is more than 28 days, even early Oct (lets say the 5-7th) until Nov 8th is more than 28 days)

And thats IF you ship starting Monday.

Hi there!

We keep on investigating the way the billing-software was hacked but vulnerability still can not be identified. That's why we’ve made a decision to rewrite billing software from scratch. We must admit that a significant amount of bitcoins was stolen during this attack. Currently our main goal is to restore pool's service as soon as possible.

During the pool's history there were lots of different attacks, including loss of 1170 bitcoins (TX1, TX2, TX3, TX4). 50BTC has covered all losses. Users were never affected.

At this moment we are working around the clock to restore the database and we need your assistance, because each user's case is handled individually, so please be patient.

We are expecting that in few weeks pool will get up and running with a new billing software and security system.

All users registered before October 18th will get a special conditions for mining on 50BTC.

In this difficult time for us, we are looking forward to your support and understanding.