Mintsy mining rental is SCAM!!

[pelimies]

I decided to start this topic because Mintsy's offered by cloud mining is complete scam ! 

There are lots of people in SHA-256 and Scrypt side with inactive contract.
Workers were long time way too low under promised hashrate.
External pools don't work at all, you can't point your hashpower anyware but Mintsy pools, but now those are inactive too.
I have Potcoins in and they don't allow to withdraw them.
And finally now my two contracts have been inactive last 10 days!
Support answers fast and like this everytime:  "My apologies, unfortunately we have not been able to resolve the issue with inactive workers at this time. We are currently seeking a new provider. (our old provider Digital BTC has backed out of our contract) Once a new provider is active, accounts will go live again and we will decide on case by case basis what we will be doing with accounts that were affected.

Your patience is greatly appreciated as we go through this transition. Thank you, have a great day!"

Have a great day? LMAO 

Stay away from this SCAM!

[soulcity]

Is there anything related to cloud mining that is not a scam?   

[pelimies]

Is there anything related to cloud mining that is not a scam?   

Hi, don't no. Here's my screenshot taken today. Two contracts dead..

[dre1982]

Is there anything related to cloud mining that is not a scam?   

They are all, especially when the got absurd high payouts. I've learned my lessons with cloud mining. 

[pelimies]

Is there anything related to cloud mining that is not a scam?   

They are all, especially when the got absurd high payouts. I've learned my lessons with cloud mining. 

Same here. Never ever cloudmining anymore! 

[OBAViJEST]

Cloud mining.....oh boy

Even doing the math beforehand you'll realize it isn't worth the costs up front, on top of the wait

[Timzim103]

The math may not be in the miner's favor, but mintsy.co was still an interesting idea given that you could mine different coins and point your workers to external pools.

I tried mintsy.co with a couple of contracts, but it hasn't worked out, so far...

1. All my workers flatlined over a month ago. I would have had more fun had I just purchased a bunch of alt-coins with USD and traded them.

2. Support explained they were moving their mining farm and that I would be given extra hashing to compensate. That has not happened yet.

3. They close my support cases after 5 days of inactivity. They consider this "resolution" I suppose, but how can you close a case when your promised solution has not materialized?

4. I requested a refund, but that support case will probably be closed after 5 days too, unless I add a comment to it every few days. meh...

[pelimies]

Workers still inactive. Last payout 21.8!! 

[RussianMiner]

Very strange!!!

They are a project of digitalBTC - publicly traded company

http://digitalbtc.com/company-overview/

[bittamak]

It's disgusting to see companies (established meh!) operate like this!!

[crazyearner]

I decided to start this topic because Mintsy's offered by cloud mining is complete scam ! 

There are lots of people in SHA-256 and Scrypt side with inactive contract.
Workers were long time way too low under promised hashrate.
External pools don't work at all, you can't point your hashpower anyware but Mintsy pools, but now those are inactive too.
I have Potcoins in and they don't allow to withdraw them.
And finally now my two contracts have been inactive last 10 days!
Support answers fast and like this everytime:  "My apologies, unfortunately we have not been able to resolve the issue with inactive workers at this time. We are currently seeking a new provider. (our old provider Digital BTC has backed out of our contract) Once a new provider is active, accounts will go live again and we will decide on case by case basis what we will be doing with accounts that were affected.

Your patience is greatly appreciated as we go through this transition. Thank you, have a great day!"

Have a great day? LMAO 

Stay away from this SCAM!

Feel free to take a look at my posts in thread https://bitcointalk.org/index.php?topic=786673.0 been talking about them in detail and not only me and you in a fuss but theirs a fair few people whos got problems. This all started due to them losing their location and having to find somewhere else and their support have said will refund once back up and running 100%. I cant see it happening anytime soon. As its been like this for the last 2 months for me and is a waste of funds. Things where  picking up but eventually went tits up due to their problems and should refund without question but wont.

[coinbuy]

I have the same experience.  They are a scam!!!

[BitJohn]

As they are not selling contracts since the mining partner left probably not a scam.... I think on the odds of getting a refund they are probably good DigitalBTC is a publicly held, and traded company. They really don't have a choice in the end.

I think currently mintsy is still looking for a new mining provider.

[koinsuka]

I'm sorry to hear that. we can draw lessons from these events and choose a
cloud mining right to invest

[bitcoinboy12]

bad news... nice sharing this. I would intend to invest there now i know its scam.. I do not invest my btc there..

[crazyearner]

As they are not selling contracts since the mining partner left probably not a scam.... I think on the odds of getting a refund they are probably good DigitalBTC is a publicly held, and traded company. They really don't have a choice in the end.

I think currently mintsy is still looking for a new mining provider.

so any news with you speaking to Paul yet or in same position no response. Support made claims will refund and compensate but only when 100% back online and up and running and this could be any time and its a joke to have to wait around for them.

[BitJohn]

As they are not selling contracts since the mining partner left probably not a scam.... I think on the odds of getting a refund they are probably good DigitalBTC is a publicly held, and traded company. They really don't have a choice in the end.

I think currently mintsy is still looking for a new mining provider.

so any news with you speaking to Paul yet or in same position no response. Support made claims will refund and compensate but only when 100% back online and up and running and this could be any time and its a joke to have to wait around for them.

I got nothing more at the moment. Has anyone approached digitalBTC?

[crazyearner]

As they are not selling contracts since the mining partner left probably not a scam.... I think on the odds of getting a refund they are probably good DigitalBTC is a publicly held, and traded company. They really don't have a choice in the end.

I think currently mintsy is still looking for a new mining provider.

so any news with you speaking to Paul yet or in same position no response. Support made claims will refund and compensate but only when 100% back online and up and running and this could be any time and its a joke to have to wait around for them.

I got nothing more at the moment. Has anyone approached digitalBTC?

sent 2 emails though to them so far and not had any response back so I guess 1 business to 2 ignoring emails that have been sent last week. Will try to get another one sent to them later this evening and see what happens and go from their.

[crazyearner]

Hay John Well I got a response from them and it is not a good one.

Dear xxx,

Sorry to hear the difficulties you have been having in relation to Mintsy. However, digitalBTC no longer has any association with Mintsy and all enquirers in relation to Mintsy need to be made directly to the Mintsy company.

Kind regards,
Michaela


So it looks like its not good if they have pulled out with them so i ask asked the question? Whos running or partnered with them now as this is seeming like doom and gloom and nothing is going to move forward.

And my last response from mintsy support is as follows.

From support...

Reason why some are active and others are not is because we them on a separate location. Unfortunately there is still no update from management but there has been a few accounts that have been restored. Once we are 100% back online we will resume sending out refunds for contracts that were affected and have expired and compensate those that are still active. Once I have more information I will contact you right away.
 
Thank you and have a great week ahead!

Ticket: https://mintsy.freshdesk.com/helpdesk/tickets/4896

Sincerely,

So looks like some movement is working but not for many and could be into next year or never gonna happen.

[BitJohn]

Hay John Well I got a response from them and it is not a good one.

Dear xxx,

Sorry to hear the difficulties you have been having in relation to Mintsy. However, digitalBTC no longer has any association with Mintsy and all enquirers in relation to Mintsy need to be made directly to the Mintsy company.

Kind regards,
Michaela


So it looks like its not good if they have pulled out with them so i ask asked the question? Whos running or partnered with them now as this is seeming like doom and gloom and nothing is going to move forward.

And my last response from mintsy support is as follows.

From support...

Reason why some are active and others are not is because we them on a separate location. Unfortunately there is still no update from management but there has been a few accounts that have been restored. Once we are 100% back online we will resume sending out refunds for contracts that were affected and have expired and compensate those that are still active. Once I have more information I will contact you right away.
 
Thank you and have a great week ahead!

Ticket: https://mintsy.freshdesk.com/helpdesk/tickets/4896

Sincerely,

So looks like some movement is working but not for many and could be into next year or never gonna happen.

Australian firm DigitalBTC is bowing out of bitcoin mining to focus on its consumer products, its CEO has said.

"First ASX-listed bitcoin company dumps 'mining' for remittance" http://www.smh.com.au/business/banking-and-finance/first-asxlisted-bitcoin-company-dumps-mining-for-remittance-20150929-gjx1ip.html

"DigitalBTC Bows Out of Bitcoin Mining Race" www.coindesk.com/digitalbtc-bows-out-of-bitcoin-mining-race-2/

Well they said it and apparently they don't feel the need to deal with the mess they left. Though they definitely still own 50% of Mintsy and its liabilities.