Mining sweden is a scam

[techgeek]

To be honest almost everything can be a scam on this forum.

But the levels of approach has to be taken obviously doing your homework and if they are a legit business that stays that way.

[Beachguy]

I think it all started as legit and intentions were good.
Reality has set in this spring and I fear there will be no "profits".
Its rather hard for me to get my head around that after closing the books end of March....
no results yet.
I have a business, fully computerized.....and I could close the books today for the last whatever time period you ask for and results would take a matter minutes.

[paulh691]

--snip--
Do not invest with a liar from MiningSweden.

Why are you embedding your referral link if you hate them?


Mining Sweden was always fishy to me. It never fell under the criteria of a true cloud mining farm.

Someone claiming to be called "Tommy" with no last name and allegedly from Sweden?  Garza is that you?

[Haswell]

did they ever prove that they were mining coins?

You do that by sending freshly mined coins out as payment.

Uh no, that's not how it works. To prove that they were mining coins, you have them post a picture of their mining rigs. Is there even one cloud mining site that has done this?

[Phildo]

did they ever prove that they were mining coins?

You do that by sending freshly mined coins out as payment.

Uh no, that's not how it works. To prove that they were mining coins, you have them post a picture of their mining rigs. Is there even one cloud mining site that has done this?

Garza/GAW posted a video of mining rigs? how'd that work out?

It doesn't work that way because they are all scams and ponzi schemes. There's no reason that a cloud mining site listing payouts and rewards should look any different from a mining pool site.

It's possible to use the blockchain to prove you are mining. Why wouldn't you do that if you were mining?

[Haswell]

I never did say a picture of their mining rigs does negate the chances of them scamming. You are absolutely right though, but how does one use the blockchain to prove mining capability?

[Phildo]

I never did say a picture of their mining rigs does negate the chances of them scamming. You are absolutely right though, but how does one use the blockchain to prove mining capability?

If you have x hashpower you should be mining y amount of blocks a day/week/whatever and you should be using those coins that you mine to pay out to your customers. When you mine a coin, you prove you own that address, and use those coins to pay your customers, now we know you are actually mining coins.

It doesn't even need to go into that much detail, just prove that you own one addrss that gets freshly mined coins. Isn't the entire point of all this shit that everything is on the blockchain? Why not use it?

[mixan]

Never trust into a cloud mining site that is a given in the past couple of years of doing this.

[tsmuser480]

Yes, I have not received a payout in over a month, I have open a trouble ticket with no feedback, call the phone number and it did not go thru.

[Videodrome]

SCAM CONFIRMED AFTER 4 MONTHS I HAVE 2 PENDING WITHDRAW