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Author Topic: is bitclockers a scam  (Read 2781 times)
kathiresan (OP)
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November 24, 2013, 06:38:56 AM
 #1

i long time bank i use to mine is bitclockes and i had 1 btc in it then there was some problem in payout.but now i cant access the site. are thay a scam?
any one has any info on it?
organofcorti
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November 24, 2013, 07:21:06 AM
 #2

I think they were scamming a while back:

Quote
Neighbourhood Pool Watch 1.5: Bitclockers.com summary    Starts here

Neighbourhood Pool Watch 1: No-one should mine at Bitclockers

I gave Bitclockers.com an opportunity to explain themselves on the bitclockers.com thread with no answer to my concerns. So I've decided to post what I know about how they are underpaying their fulltime miners.

From the post:
Quote
if Bitclockers.com are reporting block solve times accurately, they are underpaying their miners by about 21%. Since they have claimed they actually are reporting round lengths correctly, the only conclusion we can draw is that fulltime miners at Bitclockers.com are receiving only 79% of what they should be paid. Who's to know how long they have been doing this?

and
Quote
So here's my first rule in choosing a mining pool:

organofcorti's first rule of Bitcoin mining : Do not mine at a pool that publishes false statistics.

A corollary of this is:

Do not mine at Bitclockers.com until they disclose their actual records.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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kathiresan (OP)
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November 24, 2013, 08:28:09 AM
 #3

is there any way to get my btc back?
organofcorti
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November 24, 2013, 08:41:53 AM
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I think you'll have to wait and see if the site comes back online.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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psyclon
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November 24, 2013, 09:18:41 AM
 #5

I think you'll have to wait and see if the site comes back online.

I know that feel, same happened with bitcoin-24. it never came back to functioning again.
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