Bitcoin Cloud Mining with Crypterra

[Steffoboy]

At best, cloud-mining gives you a low probability of making a profit. That is why the returns from hashflare and genesis mining are bad overall. The fact that Crypterra pays so much more is an indication that it is a scam. How can they pay so much when "legitimate" sites can't?

No its not, its s still good at Genesis,. i made 4x the investment, but Hashflare stole the lifetime contracts and made them 1 year only plus doubled the price like a suicidal maniac that wants to kill his own company before he dies himself.

I will make profit at Hashflare, but only because i started invested in the beginning of the bitcoin rally, but all the people that came after they doubled the price, will not, if the BTC not goes above 20k again that to say. Not even Crypterra was profitable at the low point of BTC.

Its amazing how many people talk bad about mining and claim hodling is so superior, they simply dont understand there is no BTC without mining?

When you write, "i made 4x the investment" and "I will make profit at Hashflare", is that in terms of dollars or in terms of BTC? Typically, cloud-mining investors claim a profit when the BTC they receive is worth more than the BTC they invested, even though they now have less BTC than they started with. In that case, they would have done better by simply holding the bitcoins rather than investing in cloud-mining.

I agree that there are no bitcoins without mining, but that doesn't justify a person mining at a loss.

Thats just valid if you want to have more bitcoin, and makes assumptions that the bitcoin will rise ever higher, thats not the case at all right now For example i had 1 TH at Genesis and made 65 dollars a month with it and paid 150 dollars for it, so i just dont care, i have used the money investing in Hasflare and other things, i dont keep bitcoins to speculate on the price, and oh well, BTC has just dropped 70%

[1714183340]

1714183340

[1714183340]

1714183340

[Steffoboy]

Boom:
Long-Term Projections: Profitable in Never

[carlfebz2]

At best, cloud-mining gives you a low probability of making a profit. That is why the returns from hashflare and genesis mining are bad overall. The fact that Crypterra pays so much more is an indication that it is a scam. How can they pay so much when "legitimate" sites can't?

No its not, its s still good at Genesis,. i made 4x the investment, but Hashflare stole the lifetime contracts and made them 1 year only plus doubled the price like a suicidal maniac that wants to kill his own company before he dies himself.

I will make profit at Hashflare, but only because i started invested in the beginning of the bitcoin rally, but all the people that came after they doubled the price, will not, if the BTC not goes above 20k again that to say. Not even Crypterra was profitable at the low point of BTC.

Its amazing how many people talk bad about mining and claim hodling is so superior, they simply dont understand there is no BTC without mining?

When you write, "i made 4x the investment" and "I will make profit at Hashflare", is that in terms of dollars or in terms of BTC? Typically, cloud-mining investors claim a profit when the BTC they receive is worth more than the BTC they invested, even though they now have less BTC than they started with. In that case, they would have done better by simply holding the bitcoins rather than investing in cloud-mining.

I agree that there are no bitcoins without mining, but that doesn't justify a person mining at a loss.

Thats just valid if you want to have more bitcoin, and makes assumptions that the bitcoin will rise ever higher, thats not the case at all right now For example i had 1 TH at Genesis and made 65 dollars a month with it and paid 150 dollars for it, so i just dont care, i have used the money investing in Hasflare and other things, i dont keep bitcoins to speculate on the price, and oh well, BTC has just dropped 70%

This is why I don't really suggest on investing on these cloud mining sites even on legit ones,i cant still assure it profitability but if you don't really care on your ROI since you do have lots of money to spend on or invest on then its your choice on investing to these sites but talking into this unknown website I don't think it would be worth to put money on. I would rather choose up on building miners on my own.

[Steffoboy]

At best, cloud-mining gives you a low probability of making a profit. That is why the returns from hashflare and genesis mining are bad overall. The fact that Crypterra pays so much more is an indication that it is a scam. How can they pay so much when "legitimate" sites can't?

No its not, its s still good at Genesis,. i made 4x the investment, but Hashflare stole the lifetime contracts and made them 1 year only plus doubled the price like a suicidal maniac that wants to kill his own company before he dies himself.

I will make profit at Hashflare, but only because i started invested in the beginning of the bitcoin rally, but all the people that came after they doubled the price, will not, if the BTC not goes above 20k again that to say. Not even Crypterra was profitable at the low point of BTC.

Its amazing how many people talk bad about mining and claim hodling is so superior, they simply dont understand there is no BTC without mining?

When you write, "i made 4x the investment" and "I will make profit at Hashflare", is that in terms of dollars or in terms of BTC? Typically, cloud-mining investors claim a profit when the BTC they receive is worth more than the BTC they invested, even though they now have less BTC than they started with. In that case, they would have done better by simply holding the bitcoins rather than investing in cloud-mining.

I agree that there are no bitcoins without mining, but that doesn't justify a person mining at a loss.

Thats just valid if you want to have more bitcoin, and makes assumptions that the bitcoin will rise ever higher, thats not the case at all right now For example i had 1 TH at Genesis and made 65 dollars a month with it and paid 150 dollars for it, so i just dont care, i have used the money investing in Hasflare and other things, i dont keep bitcoins to speculate on the price, and oh well, BTC has just dropped 70%

This is why I don't really suggest on investing on these cloud mining sites even on legit ones,i cant still assure it profitability but if you don't really care on your ROI since you do have lots of money to spend on or invest on then its your choice on investing to these sites but talking into this unknown website I don't think it would be worth to put money on. I would rather choose up on building miners on my own.

Yes thats true but the investment and workload will be much much higher, if BTC goes to 15K we will be good, but having your own miners will be double up better.
At least here u can start at 20 USD

[carlfebz2]

At best, cloud-mining gives you a low probability of making a profit. That is why the returns from hashflare and genesis mining are bad overall. The fact that Crypterra pays so much more is an indication that it is a scam. How can they pay so much when "legitimate" sites can't?

No its not, its s still good at Genesis,. i made 4x the investment, but Hashflare stole the lifetime contracts and made them 1 year only plus doubled the price like a suicidal maniac that wants to kill his own company before he dies himself.

I will make profit at Hashflare, but only because i started invested in the beginning of the bitcoin rally, but all the people that came after they doubled the price, will not, if the BTC not goes above 20k again that to say. Not even Crypterra was profitable at the low point of BTC.

Its amazing how many people talk bad about mining and claim hodling is so superior, they simply dont understand there is no BTC without mining?

When you write, "i made 4x the investment" and "I will make profit at Hashflare", is that in terms of dollars or in terms of BTC? Typically, cloud-mining investors claim a profit when the BTC they receive is worth more than the BTC they invested, even though they now have less BTC than they started with. In that case, they would have done better by simply holding the bitcoins rather than investing in cloud-mining.

I agree that there are no bitcoins without mining, but that doesn't justify a person mining at a loss.

Thats just valid if you want to have more bitcoin, and makes assumptions that the bitcoin will rise ever higher, thats not the case at all right now For example i had 1 TH at Genesis and made 65 dollars a month with it and paid 150 dollars for it, so i just dont care, i have used the money investing in Hasflare and other things, i dont keep bitcoins to speculate on the price, and oh well, BTC has just dropped 70%

This is why I don't really suggest on investing on these cloud mining sites even on legit ones,i cant still assure it profitability but if you don't really care on your ROI since you do have lots of money to spend on or invest on then its your choice on investing to these sites but talking into this unknown website I don't think it would be worth to put money on. I would rather choose up on building miners on my own.

Yes thats true but the investment and workload will be much much higher, if BTC goes to 15K we will be good, but having your own miners will be double up better.
At least here u can start at 20 USD

When you do talk about small amounts that you can afford to lose up then its your choice $20 or not its still money. Hopes of price increase wont really happen anytime unless if you can gather or save up all the btc you do earn and go for long term but we do all know not all people can hold up btc for long term because of some circumstances. Just invest for your own risk and as I speak even investing into legit sites as of now isn't really an assurance for you to reach break even.

[Steffoboy]

At best, cloud-mining gives you a low probability of making a profit. That is why the returns from hashflare and genesis mining are bad overall. The fact that Crypterra pays so much more is an indication that it is a scam. How can they pay so much when "legitimate" sites can't?

No its not, its s still good at Genesis,. i made 4x the investment, but Hashflare stole the lifetime contracts and made them 1 year only plus doubled the price like a suicidal maniac that wants to kill his own company before he dies himself.

I will make profit at Hashflare, but only because i started invested in the beginning of the bitcoin rally, but all the people that came after they doubled the price, will not, if the BTC not goes above 20k again that to say. Not even Crypterra was profitable at the low point of BTC.

Its amazing how many people talk bad about mining and claim hodling is so superior, they simply dont understand there is no BTC without mining?

When you write, "i made 4x the investment" and "I will make profit at Hashflare", is that in terms of dollars or in terms of BTC? Typically, cloud-mining investors claim a profit when the BTC they receive is worth more than the BTC they invested, even though they now have less BTC than they started with. In that case, they would have done better by simply holding the bitcoins rather than investing in cloud-mining.

I agree that there are no bitcoins without mining, but that doesn't justify a person mining at a loss.

Thats just valid if you want to have more bitcoin, and makes assumptions that the bitcoin will rise ever higher, thats not the case at all right now For example i had 1 TH at Genesis and made 65 dollars a month with it and paid 150 dollars for it, so i just dont care, i have used the money investing in Hasflare and other things, i dont keep bitcoins to speculate on the price, and oh well, BTC has just dropped 70%

This is why I don't really suggest on investing on these cloud mining sites even on legit ones,i cant still assure it profitability but if you don't really care on your ROI since you do have lots of money to spend on or invest on then its your choice on investing to these sites but talking into this unknown website I don't think it would be worth to put money on. I would rather choose up on building miners on my own.

Yes thats true but the investment and workload will be much much higher, if BTC goes to 15K we will be good, but having your own miners will be double up better.
At least here u can start at 20 USD

When you do talk about small amounts that you can afford to lose up then its your choice $20 or not its still money. Hopes of price increase wont really happen anytime unless if you can gather or save up all the btc you do earn and go for long term but we do all know not all people can hold up btc for long term because of some circumstances. Just invest for your own risk and as I speak even investing into legit sites as of now isn't really an assurance for you to reach break even.

The point is more that you can build a position with small sums, that is still profitable, few are those who knows how to purchase setup and maintain an AISIC, let alone pull up well over 1000 USD in one swoop, so i say the risk is lesser with cloudmining, but the profit is also lesser, but anyone can do it, and millions do, to be a hardcore miner in your garage, is a commitment, not an investment. But hey, if u aint got work, now you do

[Trinteq]

Crapterra still down nobody had payouts since around 15th Jan. What's your call Steffoboy, think they will be back or exit scam?

[Steffoboy]

Crapterra still down nobody had payouts since around 15th Jan. What's your call Steffoboy, think they will be back or exit scam?

The site went down the 1st of february, then it came back a few days later but technically went belly up after that, what happened next is that they started a brand new website.
However no one has been able to login yet, they claim a ssl certificate for the "client area"
Thing is if they exit scammed, they would have done it already, you dont have to create all this nonsense, they have gone a great lenght to try to restore their business, and my take is that they will do it.
The main wallet is intact;
https://blockchain.info/address/1GjdRf8xb1zXrn795mK59U3MLhDivfESjm
However, they have raised the price to Hashflare levels, but BTC seems to rebound as we speak. Over 19000 usd//btc all will be good even at 200 USD per Ths, but as we speak, not feasible.
Also its chinese new year going on, for 1 more week, so my best guess/hope is that add 7 days for the new year, and 5 more to fix all these problems, after that, we will know for sure.

[Anait]

The person who taught me all about bitcoin explained about mining to some extent. In between he mentioned that we haven't got much of the legitimate mining access on cloud. Better is to stay away from such kind of mining which were promoted with high earnings.

[Steffoboy]

The person who taught me all about bitcoin explained about mining to some extent. In between he mentioned that we haven't got much of the legitimate mining access on cloud. Better is to stay away from such kind of mining which were promoted with high earnings.

Crypterra was the only fair price at the market, if u buy your own aisic u get 100 usd per Th, crypterra was 128 USD
Genesis last was 176, and the record scammer im invested in so far is Hashflare with 220 usd per TH, and only 1 year contract!
We have also others with 300 usd and up, which will never work, they say lifetime contracts, but in reality difficulty increase eats it up before profit.

[swogerino]

From the name itself it is nothing to be trusted. Sounds that the scammers of Sierrahash, shortest lived website of cloud mining in history so far is at it again. Since bitcoin is becoming more and more sought after it is a heaven for scammers to try to scam as many persons as they can. Better to steer away from this and every other site which represents the same scamming scheme.

[1Referee]

Since bitcoin is becoming more and more sought after it is a heaven for scammers to try to scam as many persons as they can.

The main problem is the stupid nature of the people in this market. Seriously, I have never seen people with a lower IQ than the people in this market, and that's without exaggerating the situation. It's so easy, that I am sure I can create a cloud mining website as well, and walk away with thousands and thousands in asset value, and likely far more if the marketing is done properly. People quite often complain about the stock market returns being low and pathetic and whatnot, which is true, but the people involved in stocks are Einsteins compared to the empty headed idiots we are dealing with here. I thought that it would change throughout the years, but nothing has changed at all.

[Steffoboy]

Since bitcoin is becoming more and more sought after it is a heaven for scammers to try to scam as many persons as they can.

The main problem is the stupid nature of the people in this market. Seriously, I have never seen people with a lower IQ than the people in this market, and that's without exaggerating the situation. It's so easy, that I am sure I can create a cloud mining website as well, and walk away with thousands and thousands in asset value, and likely far more if the marketing is done properly. People quite often complain about the stock market returns being low and pathetic and whatnot, which is true, but the people involved in stocks are Einsteins compared to the empty headed idiots we are dealing with here. I thought that it would change throughout the years, but nothing has changed at all.

Yep Hodler talking shit about miners, nothing new there. Einstein stole most of his work that he is famous for...

[GalxC Cooling]

Dear Forum,

We are GalxC Cooling, a genuine refrigeration company based in Southampton. 
We provide cooling systems for industrial, HVAC and high efficiency cooling for data-centres.
Please see, www.galxc.co.uk, where we have case studies of work that we have actually done.

We have recently been contacted by individuals questioning about investing in "Crypterra", wanting to verify if have invested in our equipment as per their website claims and can be found online in other articles.

Please can we advise the we have had NOTHING TO DO WITH CRYPTERRA and that we have NEVER HEARD OF THEM and claims made that they have invested in our equipment are FALSE.

We have also been contacted saying multiple investors (173,000) have been scammed for over $12M and are trying to recover their monies, and do we have any contact details for Crypterra. Sorry we do not know them, never heard of them, as above.

We hope that this post will help anyone affected.

The Directors
GalxC Cooling

[nag]

We have recently been contacted by individuals questioning about investing in "Crypterra", wanting to verify if have invested in our equipment as per their website claims and can be found online in other articles.

Please can we advise the we have had NOTHING TO DO WITH CRYPTERRA and that we have NEVER HEARD OF THEM and claims made that they have invested in our equipment are FALSE.

We have also been contacted saying multiple investors (173,000) have been scammed for over $12M and are trying to recover their monies, and do we have any contact details for Crypterra. Sorry we do not know them, never heard of them, as above.

We hope that this post will help anyone affected.

The Directors
GalxC Cooling

Hello,

thanks for giving us the information. Maybe you know them already as x-mining, Edmonton, Alberta, Canada?
Thanks for the check.

NAG

[Steffoboy]

Dear Forum,

We are GalxC Cooling, a genuine refrigeration company based in Southampton.  
We provide cooling systems for industrial, HVAC and high efficiency cooling for data-centres.
Please see, www.galxc.co.uk, where we have case studies of work that we have actually done.

We have recently been contacted by individuals questioning about investing in "Crypterra", wanting to verify if have invested in our equipment as per their website claims and can be found online in other articles.

Please can we advise the we have had NOTHING TO DO WITH CRYPTERRA and that we have NEVER HEARD OF THEM and claims made that they have invested in our equipment are FALSE.

We have also been contacted saying multiple investors (173,000) have been scammed for over $12M and are trying to recover their monies, and do we have any contact details for Crypterra. Sorry we do not know them, never heard of them, as above.

We hope that this post will help anyone affected.

The Directors
GalxC Cooling

the directors on bitcointalk, not very likely, GTFO and try to get 2 post's here, i mean wtf,

[bighuge95]

I sent a email to GalxC one month ago and they replied me today. It's really the company, and they say that they have no idea who is behind crypterra. I wanted to share a screenshot on the forum but I'm a newbie so I can't post pictures

[Steffoboy]

I sent a email to GalxC one month ago and they replied me today. It's really the company, and they say that they have no idea who is behind crypterra. I wanted to share a screenshot on the forum but I'm a newbie so I can't post pictures

No way dude, no company would send corporation info to random email senders, or go to webforums and try to be clear about their customers or companies that isent their customers, it would be suicide, so stop the nonsense.

[Trinteq]

Crapterra still down nobody had payouts since around 15th Jan. What's your call Steffoboy, think they will be back or exit scam?

The site went down the 1st of february, then it came back a few days later but technically went belly up after that, what happened next is that they started a brand new website.
However no one has been able to login yet, they claim a ssl certificate for the "client area"
Thing is if they exit scammed, they would have done it already, you dont have to create all this nonsense, they have gone a great lenght to try to restore their business, and my take is that they will do it.
The main wallet is intact;
https://blockchain.info/address/1GjdRf8xb1zXrn795mK59U3MLhDivfESjm
However, they have raised the price to Hashflare levels, but BTC seems to rebound as we speak. Over 19000 usd//btc all will be good even at 200 USD per Ths, but as we speak, not feasible.
Also its chinese new year going on, for 1 more week, so my best guess/hope is that add 7 days for the new year, and 5 more to fix all these problems, after that, we will know for sure.


https://screenshotscdn.firefoxusercontent.com/images/5e6deef0-e153-4c01-857a-0b44e37b9f7a.png

Fair points, and I hope you are right about them coming back. The 222 BTC is intact as you say, but what about the LTC wallets. This first address was used for customer payouts, the second address has moved a total of 8332 LTC with current market value around $1.7M. It would appear they have been cashing out daily the money people invested by LTC.

https://chainz.cryptoid.info/ltc/address.dws?LUJJmht2i4FsDoHPxFky8xjePfe4Mhi3ou.htm (payout address)
https://chainz.cryptoid.info/ltc/address.dws?LTuyWdi6x2RWARMfjyM5ES68vNcJxsmhzy.htm (cash out address)

[Steffoboy]

Crapterra still down nobody had payouts since around 15th Jan. What's your call Steffoboy, think they will be back or exit scam?

The site went down the 1st of february, then it came back a few days later but technically went belly up after that, what happened next is that they started a brand new website.
However no one has been able to login yet, they claim a ssl certificate for the "client area"
Thing is if they exit scammed, they would have done it already, you dont have to create all this nonsense, they have gone a great lenght to try to restore their business, and my take is that they will do it.
The main wallet is intact;
https://blockchain.info/address/1GjdRf8xb1zXrn795mK59U3MLhDivfESjm
However, they have raised the price to Hashflare levels, but BTC seems to rebound as we speak. Over 19000 usd//btc all will be good even at 200 USD per Ths, but as we speak, not feasible.
Also its chinese new year going on, for 1 more week, so my best guess/hope is that add 7 days for the new year, and 5 more to fix all these problems, after that, we will know for sure.

Fair points, and I hope you are right about them coming back. The 222 BTC is intact as you say, but what about the LTC wallets. This first address was used for customer payouts, the second address has moved a total of 8332 LTC with current market value around $1.7M. It would appear they have been cashing out daily the money people invested by LTC.

https://chainz.cryptoid.info/ltc/address.dws?LUJJmht2i4FsDoHPxFky8xjePfe4Mhi3ou.htm (payout address)
https://chainz.cryptoid.info/ltc/address.dws?LTuyWdi6x2RWARMfjyM5ES68vNcJxsmhzy.htm (cash out address)

There is a litecoin fork coming up tomorrow, maybe thats why. Sadly this is a common thing happening with forks, payouts seize up. in exchanges, and in other venues, also in mining, Hashflare did the same while B Cash came out of nothing.