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Author Topic: Niterider (pool op for chn.mnlan.net) is a scammer  (Read 860 times)
phrozenspite (OP)
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May 05, 2013, 02:00:31 PM
Last edit: May 05, 2013, 02:37:01 PM by phrozenspite
 #1

Stole coins from everyone on his pool. We had anywhere between 1/4 to 1/10th of the network hashing and his site constantly reported that we would find only 2 out of the last 100 blocks for hours on 5/4.  He claimed it was due to a DDOS, but then later stated that the pool had been miscounting blocks and he had over 5000 coins that he'd credit.  This is a pplns pool and I received credit for 6 blocks after complaining. 5000 coins is more like 56 blocks the pool should've seen.  After everyone complained he shut the pool down.
Original thread here https://bitcointalk.org/index.php?topic=193481.220

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Mhash pipe
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May 05, 2013, 04:01:01 PM
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I gave him the benefit of the doubt at first, but after moving to a legitimate pool, there is no way his payouts are even close to correct. He is either incompetent as a pool operator or a scammer.
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May 05, 2013, 06:00:16 PM
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I gave him the benefit of the doubt at first, but after moving to a legitimate pool, there is no way his payouts are even close to correct. He is either incompetent as a pool operator or a scammer.

Same exact sentiments here.

Even accounting for the "growing pains" of a new pool, DDoS attacks, and connection issues, it became readily apparent 2 hours in at a different pool, when I was cashing out as much as I made my entire time at his, that something fishy was going on.

I can only believe the few people who chimed in saying they were paid, everything's great, etc., were either part of the scheme, or perhaps just a few random people he paid out correctly, to keep the charade going for as long as he could.

Now that the jig is up, he closes the pool. Kind of shows you right there what was going on.

BTC:   18jdvLeM6r943eUY4DEC5B9cQZPuDyg4Zn     LTC:   LeBh9akQ3RwxwpUU6pJQ9YGs9PrC1Zc9BK
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May 05, 2013, 07:45:18 PM
 #4

These kinds of people are the reason crypto is plagued.

People should start a worry when they start to do this.. you can hire hitmen for bitcoins... Just sayin.

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May 06, 2013, 08:35:15 AM
Last edit: May 12, 2013, 10:41:51 AM by spirale
 #5

I got no experience running a pool, but to me like a scam it seems. Got around 1/7 of the coins I should have got with the time and hash rate. So if not a scam, where did my coins go and can I get them? He has not responded.
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May 11, 2013, 06:41:25 PM
 #6

Agreed. Put 1500 Kh/s for two days and only got 40 coins Sad
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