tmfp
Legendary
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Activity: 1932
Merit: 1737
"Common rogue from Russia with a bare ass."
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November 25, 2015, 12:20:36 PM Last edit: November 25, 2015, 02:32:30 PM by tmfp |
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'Cloud mining' is the easiest of scams to organize in Bitcoinland, because the level of due dilligence amongst coiners is so low. Just a website with some pretty numbers and formulaic bullshit seems to be enough to convince a large number of people to give a capital sum to an anon, and then patiently wait for X days to hopefully see it slowly come back, the mythical ROI. Even at the more respectable end of the market, large operations associated with manufacturers who have visible proof of operations rarely end up satisfying customers, due to small print regarding maintenance costs etc. At the heart of it is the burning desire that a lot of people seem to have to see their Bitcoins 'working' for them by earning a return. Combine that with the anonymity of operators and the amount of scammers and shills about, and you have a toxic environment best avoided, imo.
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