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Author Topic: News Cloud mining service: BITMINISTER Scam or NOt?  (Read 8442 times)
BTCBinary (OP)
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June 07, 2016, 12:06:21 AM
 #1

I recently found this new cloud mining service:

https://bitminister.com

I think they are fairly new and IMO what they offer is too good to be true. Probably one more ponzi scam... I wanted to confirm their presence in the blockchain but I don't know how to do that.

Does anyone has any more info on these guys?

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June 07, 2016, 01:00:21 AM
 #2

I recently found this new cloud mining service:

https://bitminister.com

I think they are fairly new and IMO what they offer is too good to be true. Probably one more ponzi scam... I wanted to confirm their presence in the blockchain but I don't know how to do that.

Does anyone has any more info on these guys?



Site is down for me.   Did not even bring anything up.  But sadly almost all are scams, I would not go with a "new" cloud mining service no matter what.  If you want cloud mining go to hashnest, owned by bitmain.  It's honestly as legit as you are going to get.  Personally though I like to own equipment... so might look into buying and hosting.

Looking at it as whois looks like a UK PO box to me.  Which I could be wrong... not totally sure on that.  But site was just created on: Created Date: 2016-04-17 so in a month and a half getting up a hosting center... possible but unlikely.  But take a look yourself: https://whois.icann.org/en/lookup?name=bitminister.com

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June 07, 2016, 01:14:20 AM
 #3

I recently found this new cloud mining service:

https://bitminister.com

I think they are fairly new and IMO what they offer is too good to be true. Probably one more ponzi scam... I wanted to confirm their presence in the blockchain but I don't know how to do that.

Does anyone has any more info on these guys?



Site is very new and looking at the date of registry it was only registered April 17 2016 making it only 51 days old. IP address shows up as coming from The Neatherlands. Registrants name shows up as HARRISON ROWLEY. I tried to search for that name in the web and nothing shows up which makes me think why plaster your name as the registrant of a site and yet you are unknown which makes me think that the name is just cooked up to avoid detection. Stay away from this I guess.
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June 07, 2016, 04:56:02 AM
 #4

FFS, 5% daily and u still have to ask if they are a scam or not?Huh

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BitcoinSupremo
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June 07, 2016, 05:48:03 AM
 #5

There will be a lot of new cloud mining popping up these days as halving is near and they are in for some easy easy money from noobs who will invest right away. Now is a legitimate question of mine, since these noobs keep losing and losing from every ponzi scam out there, where do these people find the bitcoins, maybe they only invest a little or do they buy the bitcoins to put in these sites, as if its the second situation then this is a total disaster.
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June 07, 2016, 08:25:32 AM
 #6

There will be a lot of new cloud mining popping up these days as halving is near and they are in for some easy easy money from noobs who will invest right away. Now is a legitimate question of mine, since these noobs keep losing and losing from every ponzi scam out there, where do these people find the bitcoins, maybe they only invest a little or do they buy the bitcoins to put in these sites, as if its the second situation then this is a total disaster.

Many self proclaim cloudmining poping up today because it is their modus that to lame and victimized people, and cloudmining is really attracting to hear for newbie bitcoiners thats why many people are still falling from this trap and we cannot stop it because it is well spread im fb crypto groups and un aware people are their target so they can scam people, really cloudmining is trending topic here in bitcoin furom hope it can raise awareness to people that not to invest in this scheme since it was ponzi and waiting to take their target money and run.

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June 07, 2016, 08:56:10 AM
 #7

No doubt that every "cloud mining" website is a ponzi scheme even if they pay in the beginning these sites will turn into scam sooner or later and many people will lose their money.Stay way but if you still want to invest your btc learn how to trade and go for it it is a much better option.
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June 07, 2016, 10:41:21 AM
 #8

Seems that many new cloud mining sites before the halving and I think they exist just to steal people's btc then sell it after the halving for more better price. Sites that offering so great profit should be avoided, because it is now hard to get profit from mining.
The best thing to do is STAY AWAY

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June 07, 2016, 10:48:13 AM
 #9

New service? I wont trust but as for trusting any cloud mining services out there 'hashocean' and 'hashnest' so far are the best ones.
BTCBinary (OP)
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June 07, 2016, 02:18:58 PM
 #10

New service? I wont trust but as for trusting any cloud mining services out there 'hashocean' and 'hashnest' so far are the best ones.

yeah. I guess I only have confidence in putting my money in Hashnest. They have been around for a lot of time and they are the cloud mining services for Bitmain, so we can completely trust them. However, cloud mining itself is too risky.
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June 07, 2016, 02:28:32 PM
 #11

New service? I wont trust but as for trusting any cloud mining services out there 'hashocean' and 'hashnest' so far are the best ones.

yeah. I guess I only have confidence in putting my money in Hashnest. They have been around for a lot of time and they are the cloud mining services for Bitmain, so we can completely trust them. However, cloud mining itself is too risky.
Most of cloudmining sites are running ponzi, paying users from their deposits but they don't have actual mining hardware,I will suggest to either user old & trusted ones or avoid them, don't fall in scam.
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June 07, 2016, 03:47:08 PM
 #12

I agree, stay away from this one.  Just from having a look at their front page how can they offer you those returns, no good just leave it and look at the oldies such as Hashnest or Genesis Mining.
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June 07, 2016, 03:56:53 PM
 #13

I agree, stay away from this one.  Just from having a look at their front page how can they offer you those returns, no good just leave it and look at the oldies such as Hashnest or Genesis Mining.
Site is dead for me. I don't even believe these oldies hashnest and genesis.
this new one is 100% a scam site, but these old one also will turn into scam just wait and watch. every one invested their money there should stop investing more and try to get their investment back.
most cloudmining site will dead at the time of halving.
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June 07, 2016, 04:00:18 PM
 #14

sure this is HYIP site not cloud mining.
look this promotion

Code:
World's Best Cloud Mining Platform
0.1250% Hourly / 3.0% Daily
Min: 0.01 BTC, Max: 5 BTC
Initial Deposit Back Anytime
0.1458% Hourly / 3.5% Daily
Min: 5.00000001 BTC, Max: 25 BTC
Initial Deposit Back Anytime
0.2083% Hourly / 5.0% Daily
Min: 25.00000001 BTC, Max: Unlimited
Initial Deposit Back Anytime
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June 07, 2016, 04:42:02 PM
 #15

I recently found this new cloud mining service:

https://bitminister.com

I think they are fairly new and IMO what they offer is too good to be true. Probably one more ponzi scam... I wanted to confirm their presence in the blockchain but I don't know how to do that.

Does anyone has any more info on these guys?



Registred @ April 17, 2016
Updated (go live of service) @ June 06, 2016 (Yesterday...)

how you want to tell if a company that started yesterday is legit ? you cant.
They try too look legit, because the show a lot one the page and dont pay for private domain registration. No normal company would buy a private domain registration...
I dont find anything about the Owner, seems to be a "straw man".

They dont get my money Smiley

smells like an webdeveloper who needs $$$ Cheesy stay away
ravens
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June 08, 2016, 06:33:57 AM
 #16

If you think that the interest seems to good to be true, than it probably is.

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BitcoinSupremo
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June 08, 2016, 06:43:11 AM
 #17

sure this is HYIP site not cloud mining.
look this promotion

Code:
World's Best Cloud Mining Platform
0.1250% Hourly / 3.0% Daily
Min: 0.01 BTC, Max: 5 BTC
Initial Deposit Back Anytime
0.1458% Hourly / 3.5% Daily
Min: 5.00000001 BTC, Max: 25 BTC
Initial Deposit Back Anytime
0.2083% Hourly / 5.0% Daily
Min: 25.00000001 BTC, Max: Unlimited
Initial Deposit Back Anytime

This mean this will scam very soon, any HYIP which offers daily interest even if its little like 0.50% will scam sooner, let alone a website which is offering 3.0% daily. This is just a HYIP looking to make some bitcoins before halving with the only meaning to scam people and sell those bitcoin after the halving to make some profit. This is not even a ponzi cloud mining website, which usually lasts longer , but ends in the same way taking a persons bitcoin.
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June 08, 2016, 07:23:11 AM
 #18

With actual difficulty, available technology, at the current price of Bitcoin, even with free electricity, it is impossible to achieve 5% per day.
100% Ponzi

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June 08, 2016, 06:20:47 PM
 #19

The site seems fine, but that's actually what worries me. It doesn't look bad at all but the returns.
That's just absolutely alarming. With a minimum investment of ~$6 and with ROI of nearly 1 month, is not that just impossible?
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June 08, 2016, 06:25:52 PM
 #20

They are providing 3% daily return on the investment for even smaller amount of 0.01 bitcoin which seem to be so much unstable, i don't think they can survive more than 30 days with such return. Their model is hyip model not a cloud mining site.

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