Here's some reassuring info regarding the legitimacy of Poloniex https://www.reddit.com/r/Buttcoin/comments/46ch9n/poloniex_the_third_largest_cryptocurrency/

I submit that my empirically superior predictive powers objectively indicate a closer connection to and understanding of reality than the windfall-seekers.

If HashFast doesn't ship anything this year, apart from Christmas cards, I get a full refund.  In BTC.

Given the coins have appreciated 300% vs fiat since I spent them, I'm fine with that.

Cointerra will play AMD to Hashfast's Intel.

Once again, I call BS on these new photos. What is it with these supposed customers posting suspicious pics of recieved miners but being completely unable to post mining stats or proof that they actually own & run them?

The more posts I see of supposed recieved miners, the more I'm convinced it's a scam. Look at cloudthink.io for example, there were hero members vouching for that scam also, it's the same with this thread. At least cloudthink had the bottle to post in their own thread, unlike sfards. When I see hashing proof with names & dates I'll be convinced - but until then, this is another elaborate scam which BCT has become famous for peddling the last few months. Utter BS.

It is now well known that some of the old contracts did not perform well. Those who bought more have comfortably covered their loss.

If your referring to me as a shill your off base, out of line and straight wrong.

I rarely comment about anything, usually its just to support my friends. That is all I am doing here.

However you have just reminded me why I don't usually come on BitCoinTalk and post. The reason is I have never seen individuals that go after people online like I have experienced and witnessed here. It blows me away.

Here its guilty till proven innocent. Thats not the way it really works. You know that

The people behind iTop are not new. Everyone is tired of getting ripped off. However to be frank I am not very familiar with any major scandals regarding ASICs but I don't doubt there have not been any.

Back in Oct 2012 I started sending through Paypal money to Butterfly Labs because I believed in them. I pre-ordered so many Jalapeños that I started converting them into Singles. I trusted Brian, Jody and Josh. This went on for a year before I realized I was burnt. Do you know who's fault that was? Mine, it was my fault. The writing was on the wall but I continued with an incurable optimism until I finally realized it was over.

However this did not make me start harassing legitimate sellers of ASICs or new companies of being bad actors. I was grateful to see more businesses selling ASICs because I knew then that we would eventually obtain some. Most of us started our ASIC mining with the USB's from Friedcat. When I needed a large USB Hub I went to one of the iTop owners that was just selling them on eBay back then and he got it to me fast. Thats how long this team has been around. The iTop Corporate brand is just the name of their new Business which they had to jump through a lot of hoops to get rolling. I think they even had to register their logo image.

I want to see these guys at iTop do well. Once they build up a much bigger base we will see all kinds of cool stuff. They are big into the Drones now but I am hoping to see some killer deals on 3D printers, Solar Generators, and more mining equipment and ways to save save energy while still being able to compete as an independent home miner.

Let me try to get a hold of a friend of mine on the East Coast and ask him to comment here in regards to these peoples character and trustworthiness. Plus a friend of mine in the UK that runs some NOMP pools because he bought like nearly a dozen in one shot of those Silverfish LTC Miners from them through the old iTop ebay store back in 'May 2015' I believe. These peoples credibility needs to be established immediately before any accusations based on assumptions.

Because everyone these days is so busy and if that means I am not able to get anyone here to back up what I am saying. I recommend you look at this at face value. If the risk if far greater than the reward then just don't do it. However please wait until there is actually proof that they are acting in bad faith before pounding them on here with FUD.

I recommend reaching out to iTop and doing Business with them. You will not regret it. These guys are well financed, connected and have this down to a science. They are available around the clock. You will appreciate the way they do business. I know I do and I have yet to have heard any complaints but only praise from the numerous friends I have sent to them over the last few years.

I'm not interested in this cloud mining controversy, but interested in the freshly mined coins at discounted price. So just trying to understand Hedgy's business. Say, they are giving 1% discount. So, if I send them 1 BTC used coin, they'll give me 1.01 BTC fresh coin ? I mean, how come ? How do they do business ?

Is this something you maybe doing in the future to expand on or just staying pure SHA side of things. Even with SHA I might consider buying. Do you get own pool to mine on outside and can choise where to put power to or is this all in house and daily payments only?

You never did respond to my question of what capacity you were involved with the HashFast affair? Yet another aching rabbit hole of incompetence, charlatanism, waste and possible fraud there too?

So, please provide proper links where they provide freshly mined coins...

Also, never heard of hedgy. Is it another venture of yours like HaveLock ?

Those greedy fucks, I assume noone can even buy their equipment publicly? They are just self mining bastards right?!

What that has to do with the question I have asked ?

How is that at all relevant to my initial post? I asked why my positive review was so hard to believe. You appear to have answered a completely different question!

... and for the record... I don't pay for my power.

Again... I am a genuine HashCoins customer who received excellent customer service.

Could you please explain how a Ponzi will stop taking new orders, bar new people to join and still keep paying ? It is now almost a week, they are not taking order or allowing new people to join. According to you, they dont have any mining firm. So, how will they survive if they stop money to roll in ?

How about the eco-system?

Now lets assume that everyone mining right now is rocking the best of the best hardware (they aren't) grabbing 0.5w/ghs. FYI electricity cost in washington is cheap. REALLY CHEAP. Due to all the hydroelectric power. That been said its about .04$ on an industrial tier. Which means they can run really inefficient hardware by our standards and still be profitable so this is a lot worse than iv'e calculated. I should note EVERYONE is flocking to washington right now with their miners. That means with bitcoins total hash-rate of 177,943,954 GH/s that its energy consumption would be around 88,971,977 Watts or 88.9 Megawatts of power.

Again these numbers are likely far below actual. I would tack on an additional 30% even for people running older hardware.

88.9 MEGAWATTS OF POWER PEOPLE

We can only assume that with the reward drop coming up that either hashrate will double or the price of bitcoin will have to rise. Maybe a bit of both as im speculating but regardless.

Does this seem responsible? We are basically polluting on a massive scale to make pennies on the dollar.

You have to assume at some point governments will come together to put this to an end?

Your taking an entire community and comparing it to one company. A government can hold a company liable for pollution it creates. They have absolutely NO way of holding a community liable for the pollution it creates.

I would for the second time state and agree that it creates less pollution than current systems. Again this argument is not about gold vs btc. Nor current banking vs btc. Its about solely the pollution created by mining. Lets stay OT.  

Hi ther Cloud Mining Website Team,

im tryin to sign up on your Website but it says "Please provide a valid bitcoin address."
Is there any Problems at the Moment from ure site?

regards

Or are you simply upset because everything you've "invested" in, without exception, turned out to be pure, unadulterated scam? Just as NLC told you it would?

Did he make some bad calls?  Called something a scam, which later turned out to be legit?

A positive review 

I recently purchased hardware from HashCoins and have been very happy with my experience with them.

Their communication has been extremely quick and efficient, even during an Estonian public holiday!

Their staff have always been polite and very patient with someone who is admittedly rather new to mining. The delivery was very quick  and the unit was well packaged.

I would purchase from HashCoins again with the confidence that I would be dealing an ethical and legitimate company.