congrats to Hashnest.com, I am an existing user of snowball.io and I am really happy to see the existing development. Hope more people will join the pool

I think their maintenance fees for S1 & S2 are on the high side. You may also note that the power consumption / maintenance fee of S2 is much higher than S3.
If you have BTC to spare, you should switch to S3 instead. The fees for S3 is lowest.

I am currently holding and accumulated up to about 1200GH/s S3 shares, so far I don't have any problem with receiving payouts from snowball.
 




 

I have tried their system since 2 weeks ago. I don't agree that this is a scam (at least up to this moment) but there are clearly room for improvement on the part of the admin.

I have purchased S3 hash power from them (from their hash power market direct), so far I am receiving my payout everyday to my wallet.
But I also notice that the hash power provided by them is about 3%-7% less than what you've actually purchased.
I bought 400 gh/s from their S3 trade market but their record shows that I was only mining at the rate of 385-390 GH/S.
As their rate is quite cheap so I am still ok with it.

I have also tried to withdraw my balance of BTC from their wallet and it has no problem to do so (my wallet is at coinbase)

I also note that the maintenance fee is not exactly constant each day, but the variance is not significant.

I have also tried to purchase S3 from them (the buy S3 button), they wrote the delivery date of the relevant hash power should be within 48 hrs from the time of submission,
but it clearly not true and the transaction was delayed. I have been waiting for 4 days already and my BTC was still locked by them. The admin replied to my ticket and said the hash power should be delivered by today or tomorrow. Hope they honor their promise. (remark: finally delivered and running. It took a week actually)

So it might be better to purchase from market direct.

I have started a 440 GH/S 12 mth cloud contract with https://www.nimbusmining.com/ since july 2014 for the purpose of manufactured spending on my credit card.

They allow you to switch to different pools, and I am currently pointing the hash power to Slush pool

So far so good, Slush pool reported the actual hash power in their pool (actually at or around 440 GH/S most of the time) and I got my payout to my wallet.
So I believe they are actually operating but even at the rate of their gold contract you will never achieve ROI unless you buy in extremely huge quantity with additional discount.