As long as the requirements were met I sent the mails out today.

The method does not eliminate ALL the fees it lowers them drastically. And so far it still works as I was testing it again this weekend

These provably fair calculations, and PPLNS calculations and now this cloud mining calculations. its all a bunch of bullshit if you ask me. You want real calculations that don't involve a rocket science degree.

Cyberpinoys calculations of truth

Find a member of the cloud mining site,
Ask how much GHS do you own,
HOW much BTC do you make per day on all your GHS,
Divide the amount they make per day by the amount of GHS they have it gives you the income for 1 GHS per day,
multiply that by the amount you wish to buy and then see how long it takes to get an ROI.

screw all these bullshit equations for testing purposes, My method tells us exactly what we want to know.

HOWEVER

that is only a tiny part of cloud mining, because the real work involved in cloud mining is not the payout but more so who are scams and who are not. a 6 month ROI is useless if the websites takes your BTC and runs after 2 months of being with them. The real work in cloud minignis distinguishing the real companies from the scammers or future scammers.

Well then explain how anyone can ethically give you a negative reward on cloud mining? I pay them for X amount of cloud mining I mine 9 blocks and I have a negative BTC balance, their policy states this will only happen for the first 3 blocks, why after 9 blocks are people still in the negative, and why are we ever in the negative in the first place? a reward may be small but there is never a higher cost on mining hardware than the reward, that is a fact. and there is certainly not an 81% cost to run mining hardware yet? so why does Ghash.io charge that?

The secrets are not to prove they are a scam, we all already know that, the secrets are to get around some of thier fees, to get completely out of an account with HUGE negative amounts of BTC which happens often, without paying those negative amounts.

Looks like Levitron is underthinking this, everytime merchants Dump a big amount of coins the value drops, and right now merchants are dumping every 2 weeks look at the charts Altho you feel millions of people will be "aware" of them it does not mean they will "BUY" them. Why do pople on Amazon need to buy bvitcoins to shop on Amazon? they dont they can use their cash Awareness does not equal buyers. Amazon has bills to pay and they can not do this with Bitcoins, they do not understand bitcons and have no real use for them, by forcing them to use them you are just promoting another dumping merchant and we already have enough of those. You see everytime your merchant dumps a big amount of our coins the value drops.

Please what facts are leading you into believing this, 1000 dollars Come on man you and I and all this community knows eep down where the truth is 1000 dollars is not a possible or practical. what facts tell me that, the hundreds of miners dumping coins every week, the merchants dumping coins every 2 weeks, the honest fact no true demand has ever been created for bitcoins and no real work is being done to create that demand.

So what is backing up your belief it will hit 1000 or more?

So far I have gotten my payouts, I had an issue and customer support resolved it very very quickly with no other bullshit, they were upfront with what the cause of the problem was, and fixed it immediately. All we can do is hope they are smart enough to run a good business and make the payments they promise while keeping their company running. You can back and forth all day long, but at the end of the day, the only ones who will know for sure what this company is comes down to this, either they are a good honest company and the people mining with them will benefit and be ahead of everyone in a year or 2 or the people mining with them now will be lucky enough to make their BTC back before they fold and run. ALL MINING is a risk, even hardware mining, Nothing in bitcoins is what it seems, no one is completely honest and everyone EVERYONE is just looking for a quick way to fill thir wallets with BTC without having to do any work.

The botom line as of right now this company is paying what they promise when they promise it, if you have a problem the customer support is very fast at solving the problem.

Australia has done this, But I wish there was a way to pay my electric, and internet bills with Bitcoins. I saw a post a few weeks ago somewhere that an Australian company was setting up a way for people to pay their bills online using Bitcoins as a form of payment. This would indeed be a great addition to help people stop dumping so many coins and be able to pay thier bills. Miners have only 2 overhead costs, electric and internet.

Are you tired of Ghash.io serving up plate fulls of Maintenance Fees in your cloud mining that are larger than the rewards. Do you hate to see your Bitcoin balance in the negative because you have cloud mining with them that has negative rewards on long blocks. Are you sick of seeing unanswered questions from their support.

Well after months of testing I have found a few secrets about GHASH.io they do not want us to know. Ways around their astronomical fees. Ways to get out of an account that has a negative Balance without loosing BTC in the process.

Would you like to know these secrets, Send me a private message and I will Freely Share these secrets with you.

I have spent a lot of time dealing with Cex.io customer support, testing and retesting Ghash.io and thier 81% fees, their 50% payouts on our mining hardware, and all the lies, scams and just plai8n out BULLSHIT they serve us. And after figuring a few things out I will gladly share with others who, like me, are sick and tired of Ghash.io having the upper hand, and NEVER accepting responsibility for their action and paying what is owed.

There are some requirements, in order for me to share these secrets. First you must be at least a full member, new members will not get a response.
I reserve the right to not pass these secrets onto anyone I wish not to share them with
Meaning if I think you have been paid by GHASH.io to get my secrets or are in association with them I will not tell you the secrets.
being rude calling me names and making fun of my thread will certainly not get you the secrets
I do not charge for the info but if you find it usefull and beneficial It would be nice if you tipped me, I did spend months working on this to get it all figured out.

Why the secrecy and why not just post it here, Very simple I dont ant Ghash to figure it out and protect against it until it is to late, and as many people as possible have gotten out of it what they deserve. if I post it publicly Ghash can easily prevent people from taking advantage of these secrets.

Electricity in the Philippins is 0.22 USD per KWH if under 1000 KWh per month, if you use over 1000 KWh per month your rate is 0.28 USD per KWh. if you rent a place then the electricity can be up to 0.38 USD per KWh because landlords add 2 to 4 pesos per KWh for the electric. Very high just about non profitable to run miners right now. We turn our farm on for about 6 hours a day only. The electricity combined with the fact Philippines has the worst internet in the world with Shared internet makes mining in the Philippines almost inmpossible. We are looking into solar power right now to eliminate all power costs and brownouts (Blackouts) they have here. The internet is just FUTILE

Becasue GHASH has some kind of partnership with places like Bitcointalk., this thread was moved to speculation, there is nothing speculative about the fact Ghash.io is a bunch of lieing, unethivcal therves. You buy 100 GHS of cloud mining and they steal your bitcoins and you end up with a negative BTC balance. THIS IS NOT SPECULATION heres your proof. Put this thread where it belongs and that is not in speculation I am providing proof of GHASH.io Bullshit. You can't speculate something when you hard facts and proof.

2014-12-13 05:20:47   -0.00011816 BTC   -0.00007367    MAINTENANCE   -   Shares 240640 , Cost: -0.00011816
2014-12-13 05:20:47    0.00004888 BTC   0.00004449    MINING   -   Block #334038, Reward: 0.00004888
2014-12-13 02:36:42   -0.00006185 BTC   -0.00000439    MAINTENANCE   -   Shares 125952 , Cost: -0.00006185
2014-12-13 02:36:42    0.00004143 BTC   0.00005746    MINING   -   Block #334031, Reward: 0.00004143
2014-12-13 00:21:36   -0.00004684 BTC   -0.00003482    MAINTENANCE   -   Shares 96768 , Cost: -0.00004684
2014-12-13 00:21:36    0.00003900 BTC   0.00001202    MINING   -   Block #334016, Reward: 0.00003900
2014-12-12 22:36:36   -0.00001686 BTC   -0.00003163    MAINTENANCE   -   Shares 34816 , Cost: -0.00001686
2014-12-12 22:36:36    0.00001385 BTC   -0.00001477    MINING   -   Block #334008, Reward: 0.00001385
2014-12-12 22:06:25   -0.00002900 BTC   -0.00002862    MAINTENANCE   -   Shares 59904 , Cost: -0.00002900
2014-12-12 22:06:25    0.00000000 BTC   0.00000038    MINING   -   Block #334005, Reward: 0.00000000

CEX.IO and GHASH/IUO are the largest scammers in the world of pooled mining. Why the admins of this site have not made a public announcement of their selfishness greediness and the fact their mining pool and cloud is a huge scam one of the biggest scams in bitcoin history I do not understand. You should NEVER have negative bitcoin when mining with a companies cloud mining NEVER. CEX are a bunch of legal thieves.

We complain because 1 to 3 hour blocks actually costs us BTC, I have a negative BTC balance right now in my GHASH/CEX account. How you can mine 8 blocks and have a negative BTC balance just shows what kind of unethical business practices are carried out in CEX/GHASH. GHASH is noting but a bunch of bitcoin hungry thieves.

HAHA there is apparantly a coin he needs to lower in value. This is a new Pump and Dump technique. Very interesting HAHAHA.

FYI altcoins will never go away. there will always be a group of developers and investors who think "Their Idea" of a perfect digital currency is better than Bitcoin.

The countries banning the coin is because they understand the danger the coin poses for their big banks who pay the politicians. What we are seeing is nothing, wait until a country like Africa (who has used digital currency for a long time) institutes the use of it to buy and selel international imported and exported products. This is going to anger and upset banks more than anything. Once countries and people realize how low cost it is to send money worldwide by use of Bitcoins they will want to ban it make laws against it, but if a country like Africa is using it as their countries currency They cant make it illegal to use it becasue big corporations and international business who import things from africa will need to use it to buy the products they need. It will be on the foreign exchange market because it is a countries currency. OMG what would this do the worlds currency market. What would the currencies be backed by the USD or the Bitcoins. then who is the master USA or Africa?

 You may be able to find exchanges that accept Paypal or western union transactions then you can connect your bank to Paypal and buy them that way or send them directly from western union. I have a account all by itself for my bitcoin verified exchanges, one connected to nothing but all the exchanges so if a problem ever occurs and they may hack my account they get nothing but the minimum balance I advise everyone do that. If you are worried about the threat of banks closing your account dont use a market moving bank use a no name local bank that most likely is not worried about bitcoins.

The largest and most common misconception of the bitcoin community as well as newbies and others looking into bitcoins is that Bitcoins is an actual currency with the expectation to replace cash as we know it. This is not what this currency was for. Bitcoin is a digital currency meant to provide a better way to transact cash itself. Not to replace it. But intelligent people know if you really understand currency trading and banking operations in addition with money transfer companies and policies, Bitcoins has the ability to make the Big Banks ( not the currencies themselves) but the BIG Banks to go bankrupt.

All Banks do not create money, Money is created by one central bank only and is based on something. Gold, imaginary gold, how many fish are in the sea, whatever they base it on. It also only has a certain  amount that can be created. the more they create the less value their currency is worth.  The need a high value currency to trade it with other countries to buy and sell goods and services.

Why can bitcoin bankrupt Big Banks, 3 reasons: Bitcoin has the ability to destroy the Foreign Exchange market where the banks make 4 Trillion dollars daily trading currencies for a profit, as well as destroying the need for those hugely profitable contract options they sell, and lastly Bitcoin has the ability to destroy the need for ATM and Debit cards with a visa , mastercard logo on them. Loosing Debit cards is a HUGE hit to banks, Most banks make millions of dollars a month from the ATM fees when you use an ATM that is not your own banks ATM, not to mention the fees they charge the account holders, insufficient funds fees, low balance fees, overdraft fees. Why deal with these fees when bitcoins can accomplish the same goal and incurs tiny amounts of fees, 2 to 5 cents usually.

So Bitcoin was not created to replace cash, and never will, but it has the ability to destroy big banks who make their profit from the foreign exchange market and account holder debit card fees. It will not destroy all banks you local no name bank who is not a market mover will survive, but Bank of America, JP MOrgan, Barclays and other market moving banks like these will be bankrupt within a year of true adoption of bitcoins and their value of sending money anywhere in the world virtually for free.

Faucets
Signature Campaigns
Selling In game items and gaming accounts for Bitcoins.
I do forum and blog posts and buy Bitcoins with the cash I make there.
I do graphic design work for Bitcoins (logos, Photo editing, background removal)
I buy products from a Chinese distributor and I resell those products for Bitcoins ( In Asia )
Cloud Mining
Hardware Mining


I have listed my business in order from least amount of Bitcoins earned to the most earned daily. There are so many ways to earn bitcoins we just have to be creative. If you want to make Bitcoin a true business you need many different streams of income to make it work. You have to re-invest your earning for a while and expand into new ventures as often as possible. You also want at least one aspect where you are trading cash for bitcoins instead of always dumping them. When i started my merchant business I knew I would have to dump coins to make it work so i could repurchase the products I was selling so I found the forum and blog posting sites that pay in cash and I now use those to buy bitcoins, or sometimes I just use that income to buy the products instead of buying and selling bitcoins all the time. (think outside the box)

Yea Please keep pushing another coin dumping merchant to accept bitcoins that is exactly what we need. The fact they already do not want to use it means by users forci8ng them with a flood of emails begging like children to add bitcoins shows our community to be both childish and pushy, thuis they will (like you do with any child) give you what you want but at your expense by dumping the coins continuously and pushing the value down even farther. Rather than begging a coin dumping merchant to incorporate bitcoins why dont you use the bitcoins you have, get some other bitcoin enthusiasts and open your own merchant website where you only accept bitcoins for payment? Then  if you want to get Amazons attention cal the site Bitazon.com and make it exactly like Amazon but for Bitcoins and maybe even a few other coins of choice.

Pushing a merchant who has no idea what bitcoin is, who researched very little and does not understand the bitcoin market is killing us, because all they are doing is dumping the coins as fast as they get them in fear they will lose value. If we have our own merchant site that is strongly advertised well put together and comparable to places like Amazon we dont need them.

We need to STOP depending on other businesses to carry us thru, we need to start making our own decisions , we need to come together as a real community and start securing our own dreams and stop sitting on our asses with our hands out expecting others to do the work and fill our pockets. It is clear the developers are one tracked on the protocol that is not broken and also are sitting on their asses when it comes to a demand for bitcoin. They also want someone else to do the work for them while they concentrate on the protocol. Sometimes in business if you want to succeed you have to think outside the box and get your hands a little dirty with some hard work.

The complete lack of development of this coins demand causes real investors to look at other options. As the Developers it is their job to do everything involved in developing that coin INCLUDING creating and supplying for a demand for it that is worth a shit. Coin dumping merchants do not create a demand, gambling sites are not a demand, the tradable market is not creating a demand. To be honest nothing they have done has honestly secured a "REAL" demand for this coin. This in itself is a problem, because High dollar investors look for an investment that will compliment their portfolio, and just like any currency they research no REAL investor is going to invest in a currency that does not have some kind of a demand for it. PERIOD, no matter if you like it or not those my friends are the FACTS.  Until this coin tells an investor, "Yes if you buy this coin there will be an increase in value around this time of year because people need it to buy this", they have no interest in our coin. All you are getting now are the low income, low volume inexperienced traders hoping to get rich quick so they can invest in something more high dollar. We dont need or want those anymore.

So what is the opposite of a FUD post? How about we call then FHP  a False Hope Post. This is a perfect FHP.

You do realize this time last week LOOOONG before the Microsoft news came out Bitcoin was trading at 368 to 377 dollars? A price jump of 20 dollars in nay direction has absolutely no influence. This is normal day to day Bitcoin trading. It seems, to be Completely Honest about it, there was absolutely no effect to the trading market with the acceptance of Bitcoin by Microsoft, Just trading business as usual.

To be honest it should have been a real movement for bitcoin 100 dollars +, because Microsoft company has always had a tendency to rely on stock investments to secure it's backend and overhead expenses. If anyone knows anything about bill gates they know Microsoft is only 1/3 of his income in that 93 Billion a year he makes, the other 2/3 is from Dividend investments and his international trading account portfolios. He has always used investments to secure Microsoft, what this means is the strategy is to find secure investments buy them and HOLD them for a bigger profit at the end of the year. I was hoping this would have  been good news because this is an investment a bit different from the ones Microsoft is used to buying, as a Bitcoin investment increases the holding of that account all year long making the end of year dump even more profitable for them and still allows them to hold a certain amount of coins for the next year. For me I would have thought news of Microsoft using Bitcoins would actually have brought some interest from the investment community. You know how they are, monkey see monkey doo. ( but it brought no interest) Altho Bill Gates is not the CEO of Microsoft making "ALL" the decisions anymore I will bet you his business structure that which he built Microsoft on is still being implemented.

yes if you can steal them it is illegal, as per the views of US government right now and a lot of other countries Bitcoins are property and whenever you seize property that does not belong to you thru actions of theft it is illegal and punishable by law. if the value of the theft is over 1000 dollars in most cases it is upgraded to a felony charge and can get maximum sentancing. so if you steal as little as 3 BTC you have committed a felony in the eyes of American law