AFAICR, Ive only really been proven wrong about almost anything once in the past few years. I was wrong by 0.7% - thinking difficulty would not go down last week.
Its the only time I made a bet .

thanks !


Anything goes, be creative, change the color, make it fit with your current sig, its all good.


Payday? When would that be ?

at the risk of further derailing this; friedcat does not know because he outsourced this to people who do not know what they are doing. Ive been talking to amhash about their partnership with hashie, and they simply do not understand they are unwittingly vouching for a scam and setting themselves up for a big problem. They do not know the identity of hashie operator either, just imagine the stupidity it requires to resell your products (and earned trust) through an anonymous almost-certain scammer who will later use his stolen trust to compete against you (the next "'gen 2" ponzi).

Different pools use different difficulty settings etc that may influence performance, even if only marginally (except in cases like p2pool). Id be surprised if the 3% (?) fee slush charges made up for that, and Id be even more surprised if variability would drop when switching to a pool that only has 3% of the network, but hey, at least its a trusted pool.

Maybe someone can explain cryptx that he can divide his hashrate over multiple pools to reduce variability (and ensure no pool becomes dominant).

What makes you think it was pb owner, and not one of its bazillion mignons that promote it for refs or just to keep the ponzi going?
Either way, it doesnt matter much since we know just about everything about Jason except for the name of his dog.

What am I looking at here exactly? A chat log from what, where, when ? Are you suggesting that IP belonged to Jason?

I didnt say that. Im saying your business thrives on scams, hence your incentive is not to prevent them.


Thats a ridiculous argument, selling the account is just outsourcing the scam to the highest bidder and to someone more capable and willing of pulling it off without risking jailtime myself.


I dont need to prove I dont own shares, even if I held shares that wouldnt invalidate my points or make me a scammer. You accused me of shilling and promoting certain specific offers, and that I can easily disprove, That proof is my 3000+ post history which contains nothing resembling what you and spanishmoron claim and an overwhelming amount of posts that prove the exact opposite.

I would like the real santaclaus to bring me my presents.
Unfortunately, I was deceived as a kid, he never existed.

No doubt they are paying through a coinmixer instead of paying from mined blocks.

Quickseller sells forum accounts.  The real demand for forum accounts comes from scammers (if its an old/trusted account) who want to pull off a confidence scam, and from signature campaign beggars, who thrive on scams. How any of these things are allowed here is completely beyond me, and completely kills this forum, but at least dont expect people who feast on this to like scammers being exposed for what they are; its bad for this kind of shitty business.

Lets be clear here: this can not be unwound and its impossible for Jason to repay everyone in full, even if he never spent a satoshi of his loot (fat chance). PBmining has been paying out since the beginning of this year, investors that participated in this scam early enough made a profit. If you can not clawback those profits, the money just isnt there, and we are not talking small change here that jason could solve by selling his car. Or even his house (which isnt his).

So wait all you want for 'signs of trying to make restitution', it will do you no good. The only things you can hope for is that whatever can be recovered will be divided honestly and that we are ensured Jason will serve as an example for other scammers by being punished adequately. For both of these, you need to get the authorities involved.

Depends which "people". Keep in mind the vast majority of accounts here is held by relatively few  (pretty sad and desperate) individuals out to capitalize on freebees, signature campaigns and referral links and who will do anything for a satoshi.  Once they saved enough satoshi's to buy something somewhere, they will often gamble it on a ponzi, hoping they got in early enough that by promoting the heck out of it, they can make sure the ponzi survives long enough, while cashing in refs and sig bonuses.  You are not going to 'change their minds', because they dont care. They may be responsible for the majority of posts,  because they need to up their activity level and seniority,  and spam their signatures. But they are not the ones spending significant sums that keep the ponzi's going.

Im hopeful, possibly naively, that raising awareness will have at least some tangible impact among the silent masses that do provide the real funding.  You may not ever hear from them, most of them may not even have an account here (see pbmining collapse, all newbies coming out of the woodwork), but Im assuming they can use google and once in a while read a post that makes them think.

Amen.

No, it would only work for people like that, who have no 'enemy'. No one has incentive to give that guy negative trust, he hurt no one and did an amazing job.
However, try exposing GAWminer, or BFL once upon a time, and see what happens to your trust rating when one of the Josh's begins paying for negative feedback for any critics.

Default trust is flawed, but otoh, consider if you weigh everyone's vote equally, that most scams here will beat you in numbers due to all the paid-for-via-signature campaign and referral shills. As a result every obvious ponzi with a lucrative profit sharing deal (ie referrals) will get high trust scores, and any wannabee scambuster like yours truly will be labeled a scammer.

added hashcoin, didnt know their service was up for sale already. Some red flags I encountered:
- as mentioned above, user selectable pool requires undisclosed fee and its not even clear you can direct your entire hashrate
- No internal pool info or blockchain evidence that Ive seen
- pictures show generic datacenter but no miners whatsoever
- linkedin profile CEO suspicious, endorsements from coworker (who is listed as CEO in other company), company profile shows only 1 employee..
Ive also seen some of those profile pics before, but cant remember where.
- Unclear what asic supplier they use. If hashfast, lack of endorsement might be understandable, but where are they going to keep sourcing chips?

Its not a clearcut 100% scam, but the above should be enough to avoid it until they provide more compelling evidence.

hashcoin != hashfast

Hashcoin is a fairly shady company that sold/sells some 2 chip miners based on hashfast chip and makes promises (and sells) some larger miners with specs that cant be real (Ill believe 1TH/S and 0.6J/GH from a hashfast GN chip when I see it). Id be very wary of their cloudmining offering.

No, not at all. Because I (being the scammer here), would rent not much more than the hashrate I already sold, or even less,  and rent it only for a (very) limited time (until I run), while taking in revenue for contracts that are pretty much perpetual. Thats where my margin is, and its pretty big.

edit: almost forgot, the rented hashrate actually brings in mining revenue too of course, so the real cost is relatively minor. On a lucky day I might even profit just from renting rigs alone.

Not sure I follow. As I understand, if I rent hashrate on nicehash, I can point it to any pool I want, even my own bitcoind and sign my blocks however I want, or point it to any pool and prove my control of the worker/account. I could rent the hashrate for as long as my scam is profitable, and increase the rented hashrate as my combined sales grows until I reach the point where I maximized my profits. How would you ever prove or even guess I dont have a datacenter in my basement?

Any company that does not prove its hashrate by showing the blocks is of course, extremely suspicious, but one that does 'prove' it this way, might just be a more clever scammer. Its not a guarantee afaics.

How would you distinguish rented hashrate pointed at your private pool from actual owned hashrate?