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Author Topic: PlebBase.com - Bitcoin mining companies have trust issues, but they don't care.  (Read 27 times)
PlebResearch (OP)
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July 20, 2024, 09:17:50 PM
 #1

Hello everyone,

while researching, also for ourselves, for a Bitcoin mining company, we have become customers of three companies with which we are satisfied. BUT, we also ran into a fraudster... the processing is difficult, the miner is abroad, you rarely have the opportunity to do anything about it.

Although we did a lot of research and know our way around the mining sector, it happened. We were so annoyed that we launched an initiative https://plebbase.com

Our vision is to become a trustworthy initiative that provides a platform for good Bitcoin mining companies and informs investors and visitors in detail about everything necessary.

PlebBase is currently in the starting blocks and is negotiating with some Bitcoin mining companies for a listing on PlebBase in order to be able to present itself transparently and in detail. However, it has already become apparent that some companies are not at all interested in transparency and trust for investors, which is a shame.

But we're staying tuned, because the Bitcoin mining industry is struggling with some trust issues, and there is a chance that companies will deliver what they often promise.

Unfortunately, we also find many negative examples on Quora, Reddit, Review-sites and are currently researching them.

We would be delighted if you could tell us your worst stories in detail. We would like to publish these on our platform to sensitise people/investors.

Perhaps the Bitcoin mining companies will also change their way of thinking. At the moment, many companies show no interest in presenting themselves openly and transparently on the platform.

They remain in their own bubble... absolutely incomprehensible to us. And this despite the fact that bitcoiners, i.e. real bitcoiners, actually want to and should stand up for precisely such values.

We would be very happy if you tell us your stories, we will of course anonymise them, so no worries about recourse claims.

Let's make a difference as plebs in this segment.

PS: Of course, we would also be delighted if you consider the project or the initiators to be just as important and promote them a little: Plebs must be protected by plebs.

PS2: If you don't want to write negative things about a company in public, an e-mail from you is also welcome.
JeromeTash
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July 20, 2024, 09:39:25 PM
 #2

I am wondering. What do you mean by Bitcoin mining company?
Are you referring to companies that sell hashrate or offer Bitcoin mining and hosting? How about those that selling mining gear, do you consider them too?

I see you already listed 3 companies, but there is nowhere to view them from on your website.

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PlebResearch (OP)
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July 20, 2024, 10:02:07 PM
 #3

I am wondering. What do you mean by Bitcoin mining company?

Valid questions, thank you Smiley

In fact, the platform is intended for Bitcoin mining providers who offer hosting, present their own Bitcoin facilities and themselves in detail. Furthermore, the active company can report on itself via press releases (these are linked to other PR networks)

You are absolutely right, almost all mining/hosting providers also sell hardware. At the moment, it is not planned that only companies that only deal in hardware will be listed on the platform.

But in fact this would be conceivable, not only for hardware sellers but for all companies that do something with Bitcoin, such as services, trading platforms, clothing and so on. It can actually be solved programmatically, a really interesting thought... thanks for that Smiley

Not quite, three companies have applied for inclusion so far... these would now have to go through a verification process that we have worked out. There is actually a holistic screening: video/image evidence, company foundation documents and licences, reviews from forums, screening of social media activity and much more. Once this has been completed, a company is given the opportunity to be listed and receive an account. From then on, the company can present itself completely self-sufficiently... we take over the marketing, SEO, technical development and maintenance of the platform. BUT also daily monitoring of the company... If there are any problems with the company within a year, we check everything again in detail to see whether the company is allowed to remain on the platform.

I know that it is difficult to launch a new platform of this size. But we ourselves have found three companies that we are happy with, but unfortunately we also came across a company... that invests a lot in advertising and promotion... but offers service from hell... so absolutely not recommended. Our miners are located abroad with this company and so we were scammed I would say.

This annoyed us so much that we thought about developing a platform that carries the Bitcoin philosophy... open source, openness, transparency and with a lot of luck we could build a trustworthy authority in this sector. but this is only a part of it, companies that participate in this initiative will receive a number of benefits... but so will visitors and investors, at least that's our vision.

Sorry, now it has become more text than intended... Here is a screenshot (https://plebbase.com/sites/default/files/upload/bitcoin-mining-facilities.png) of what it looks like when companies publish their own Bitcoin mining facilities and investors can quickly search for suitable partners in detail.

Otherwise, suggestions are of course always welcome, even if the todo/feature list is still long... but everything step by step Smiley
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