Warning about bitdeer

[jackg]

I didn't notice it when reading their terms and conditions but with bitdeer, minimum withdrawal is at 0.01BTC.

This means you get back less than you deposited unless you deposit more... Since it's part of bitmain, it's not entirely scammy and you will hopefully be paid at some point, it's just something to consider if you want to invest there... Maybe viabtc with it's marketplace is now a much better competitor.

[leowonderful]

Good catch! Didn't see this mentioned anywhere to my knowledge in any existing Bitdeer threads, I'm not personally going to invest in their site but this is something good to know for those who are planning on buying a contract with Bitdeer.

Where do you access Viabtc's marketplace for cloud mining? I just tried to look it up on Google and I also looked around on the ViaBTC site, but the only link I came up with was this one that is giving me a 502 error upon visiting the site. I'm definitely interested in their marketplace, however; I recall Hashnest also had a marketplace for hash and that was something significant that set the site apart from other cloudmining services at the time.

[jackg]

Viabtc used to have a market place for hash. I thought they still did. Although it probably caused issues when they were trying to refund people as they'd have paid about 3x what viabtc offered, do they not still have that function? Are you signed in to the cloudmining bit?

[BitMaxz]

I couldn't find the minimum withdrawal amount on their terms page it seems that the minimum withdrawal of 0.01 BTC is for a referral commission?

Where did you find this "minimum withdrawal is at 0.01B"?

Well, I invested a small amount but I'm not expecting too much to make a big profit in cloud mining. If this cloud mining site survives after a year and still paying out well I'm sure we can reach the 0.01 after 1yr and withdraw(we're lucky if it can survive for long).

[leowonderful]

Viabtc used to have a market place for hash. I thought they still did. Although it probably caused issues when they were trying to refund people as they'd have paid about 3x what viabtc offered, do they not still have that function? Are you signed in to the cloudmining bit?

I wasn't signed in to the cloudmining part of the site, might be why I can't access it. Trying with the sign-in this time.

Edit: Signed in, still can't see anything in regards to cloudmining. I bet they shut down all of their contracts a while back and stopped offering cloudmining contracts, I saw a tweet with an announcement about their hash marketplace from 2017 here (click to view), but that also gives me a 502 even while signed in to the viabtc site.

[jackg]

I couldn't find the minimum withdrawal amount on their terms page it seems that the minimum withdrawal of 0.01 BTC is for a referral commission?

Where did you find this "minimum withdrawal is at 0.01B"?

Well, I invested a small amount but I'm not expecting too much to make a big profit in cloud mining. If this cloud mining site survives after a year and still paying out well I'm sure we can reach the 0.01 after 1yr and withdraw(we're lucky if it can survive for long).

I bought a contract and couldn't withdraw below that automatically.
I'll have a look around though on the sire. Their support didn't seem to helpful but I think they're in the "making multiple accounts" stage.