Bitcoin Forum
September 08, 2024, 08:38:10 AM *
News: Latest Bitcoin Core release: 27.1 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Other / CPU/GPU Bitcoin mining hardware / Re: 3$/Ghs as low 2.6$/GHs do you think sminers.com Legit ? on: February 22, 2014, 06:37:25 AM
Your girlfriend cheating on you made you edgy and paranoid. Maybe you should listen to your mother and do the penis enlargement operation. It will give you back your confidence and complete you in ways you cannot imagine, you sorry little man.
2  Other / CPU/GPU Bitcoin mining hardware / Re: 3$/Ghs as low 2.6$/GHs do you think sminers.com Legit ? on: February 20, 2014, 07:02:31 AM
There are no 2TH machines.


It's true, there really are no 2TH machines, that's racist. They'd rather you call them miners.

https://www.kncminer.com/products/neptune-second-batch
http://blackminer.com/asic-bitcoin-miner/black-miner-tower-base-unit-1-2-ths/
http://cointerra.com/product/terraminer-iv-2ths-networked-miner-january-soldout/
3  Other / CPU/GPU Bitcoin mining hardware / Re: 3$/Ghs as low 2.6$/GHs do you think sminers.com Legit ? on: February 19, 2014, 10:22:59 PM
If it requires a 3-month contract, they can make money since the rates stay the same.  400 GH/s at $800/month gets sminers $2400 over the 3-month contract, yet only earns $2130 at current estimates, so the customer is out $270.  It's a gamble that's weighted on the company's side.  If BTC goes up, then one could make money.

http://thegenesisblock.com/mining/a/799ec8f9a2    (assumes current difficulty increase rates, 400 GH/s and $800/month ($2400 for three month contract).

1. It does not require a 3 month contract.
2. I don't know what their business model is but I know that Butterfly Labs is selling 300 GH/s cards at 1,497$ when just yesterday I have clicked on a banner of theirs selling 100 GH/s for a thousand eighty something dollars with delivery on May.
3. Bitmain is offering their miner at 1.45 BTC  https://www.bitmaintech.com/product.htm with delivery on the 28th of this month. I saw videos on youtube about overclocking it to 200 GH/s. That means about 4.5 $/ GH, and YOU OWN  the hardware. (They are not selling this with a loss)

My opinion is that selling the GH at 2$/month, without ever owning the equipment seems like a feasible business model, considering we don't know how much they paid for the thing or how much the BTC/USD rate will be the next minute, or the next day, or month. Personally I have got into the Bitcoin a couple of weeks ago, when it was around 730$. What BTC minig calculator would you recommend for me if I were to go back in time?

John 
4  Other / CPU/GPU Bitcoin mining hardware / Re: 3$/Ghs as low 2.6$/GHs do you think sminers.com Legit ? on: February 19, 2014, 09:31:33 PM
They can't. That is why there are fake posts like the one above yours to try to get people to bite.

Scammers gotta scam.

http://www.youtube.com/watch?v=QpnvTjtpyIg
5  Other / CPU/GPU Bitcoin mining hardware / Re: 3$/Ghs as low 2.6$/GHs do you think sminers.com Legit ? on: February 19, 2014, 11:35:43 AM
Hi, I have their platinum plan since 2 weeks ago, mining revenues been credited into my account every week and every withdrawal request I made recieved within 24 hours and without delay

As others have alluded to. This is a shill account. I would not take this statement as fact. This poster joined the forum 15 minutes before posting here.

It does not surprise me in the least bit that the scammers doing these types of scams are very active on these forums. The forums here serve as a nice little blueprint on what to do to run a successful scam. It is great for them, they can see where mistakes might be made and can adjust accordingly.

Even if they only get a handful of people it is a win for them.

Scammers gotta scam. Wink

Hi, my name is John and I have joined this forum solely to write a review on sminers. If this does make me a scammer than probably I'm in the wrong place writing this.

After reading your forum discussion, the only one out there about this new rig, my brother and I decided to take a leap of faith and 9 days ago both opened accounts with them. We both got the Starters plan and after a week each have been credited with 27.3 $ into the account. Normally, to see if it works, we decided to withdraw all of them, so both opened a support ticket requesting the withdrawal. Both of our wallets were credited with BTC 0.041222, respectively BTC 0.04192547 my brother, depending on the time of the day we requested the cash out and the bitstamp BTC/USD currency rate at the time. 

Now I don't know if this setup is for real or not, I consider It's a bit too early to call this foolproof and I certainly don't want my review to persuade you into loosing coins on this one, all I am saying is that it worked for us, it might work for you too.

Hope this helped and finally that they prove to be as real as they advertise to be. Regardless of the outcome, I will keep you posted weekly with further developments with our accounts.

John
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!