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Author Topic: [ANN] Bit-Mining.Co -BTC & LTC Mining Services.  (Read 33456 times)
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demontn (OP)
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February 27, 2014, 06:01:11 AM
 #41







BITMAIN & BIT-MINING Partnership Announcement



Partnership

BITMAIN and BIT-MINING are delighted to announce to the Bitcoin Community their new official partnership. From here on, all of BIT-MINING's SHA256 Hashing Power will be backed by BITMAIN, one of the most popular Bitcoin ASIC Manufacturers.
  

About BITMAIN  

BITMAIN is a team of technologists, venture capitalists, entrepreneurs and Bitcoin enthusiasts. Their core members have years of ASIC development experience, and have designed and mass produced several digital signal processing ICs. During the last few months, BITMAIN has demonstrated their expertise to the Bitcoin community with the introduction of their new, more efficient mining devices.  
 

About BIT-MINING  

BIT-MINING offers Bitcoin & Litecoin mining services. The BIT-MINING team is formed from a group of Bitcoin miners and supporters who believe in the protocol and making mining more accessible to the common user. Our hosted mining services and convenient trading platform make it easy for users to mine all different crypto-coins without the hassle of operating difficult hardware.
 


 
BIT-MINING:  "We are excited to announce our affiliation with BITMAIN. This partnership will allow us to offer our customers the most competitive pricing on our products and services. We will work together with BITMAIN to elevate crypto mining to the next level!"


 
 
This marks the official partnership of BIT-MINING.CO and BITMAIN; together we promise to deliver the most competitively priced cloud hashing experience backed by the best technology available.


Announcement : https://bit-mining.co/partnership.pdf

crazyearner
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February 27, 2014, 09:15:49 PM
 #42

Question for mining power. Do you have any options to point rented hashing power to own choice of pools to mine on like for different coins etc. If not please add it so that you can configure to mine on own pool of choice.

Hello,

No, Not yet. For the moment, all purchased Ghs and KS mine in our BTC and LTC p2pools. We might add this option in the future, we will think about it and note it for Next Features if it is possible.

Thanks,

Bit-Mining.

Well I hope this becomes an option in the future as am sure you will get a lot more customers this way and also helps too for none 51% network speeds when getting as big as other places like cex.io

=
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BitChrisUK
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March 01, 2014, 08:02:27 AM
 #43

Hi still awaiting a response from support
BitChrisUK
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March 02, 2014, 05:46:54 PM
 #44

Having a problem with this site at the minute.

I Issued a purchase order for 0.078KS at a price of 83LTC (Inadvertently).

The order went through, and i ended up with 0.067 KS at a cost of 5.6LTC. This was at 1000 times more that the current market rate. Some stupidity on my end, i admit.

However, the lowest sell order available was ~0.072KS per LTC. Therefore, i should of paid a rate of 0.072LTC/KS. On a market, it should be impossible to purchase above market rate. A Bid order always buys at the lowest sell order. It is not possible to skip sell orders, and buy above market rate. At the time, the most expensive sell order was in the region of ~0.075KS per LTC, so no buy order ever existed at the inputted rate of 83LTC/KS.

The order was completed instantly, my order did not float.

So, here i am, with a loss of 5.6LTC, (And a mere 0.067KS).

My First question is, why did i not buy at the lowest sell order available, hence market price.

Second, if no one sold their KS to me (based on no order available at the time), then who has my LTC? (Probably Bitmining.co).

Support has replied saying they do not reverse transactions; if so, then fix the flawed market trading. This appears to have happened to a few users according to the chat on the main site.

I'm not trying to put people off the website; until this i have had no problems. But i will state that support have so far been fairly unresponsive.

The order made is below:
-5.561   02.28.14   trade   Buying .067 ks @ 083
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March 03, 2014, 12:46:07 PM
 #45

Based on lack of support response, looks like the order skipped available sell orders to skim some profits. Cheers you thieving gits, you owe me $60

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March 04, 2014, 06:49:50 AM
Last edit: March 05, 2014, 07:14:28 AM by Dustdevels
 #46

for anybody thinking about this site dont do it i was there till recently dumped it their script that pays out missed a day so i lost my dividens for that day aswell as several others they went and changed the dates even before the issue happened and made it look like i had gotten paid when in actual reality was never paid i was awake at pay out time waiting for it never came 4 hours later still wasnt there went to bed got up wasnt there been asking about it support said they were working on it but has not been resolved and have been told ive already been paid for it when i still dont have it its a scam your better off at cex.io  and now they have decided instead of actually addressing the issue to make it to where you have to have the minimum to use the chat talk about shady now i definatly suggest going elsewhere as this is not a practice of a lagitimate buisness no proper tech support either


this is what my account looked like before they tryed to cover up a missing pay out for the 28th cuz their pay script was just enough behind that it showed a day off for payments
-0.00459216 03.03.14 trade Buying 0.06467830985915493 ks @ 0.071
0.00459216 03.02.14 Mining Dividend Dividend on 9 KS: 0% (0 LTC) reinvested.
-0.00490406 02.28.14 trade Buying 0.06811194444444445 ks @ 0.072
0.00490406 02.28.14 Mining Dividend Dividend on 9 KS: 0% (0 LTC) reinvested.

-0.00238432 02.27.14 trade Buying 0.03230785907859079 ks @ 0.0738
0.00238432 02.27.14 Mining Dividend Dividend on 8 KS: 0% (0 LTC) reinvested.
-0.00207215 02.26.14 trade Buying 0.02842455418381344 ks @ 0.0729
0.00207215 02.26.14 Mining Dividend Dividend on 0 KS: 0% (0 LTC) reinvested.
-0.00046485 02.25.14 trade Buying 0.006239614066078029 ks @ 0.0744998
0.00046485 02.25.14 Mining Dividend Dividend on 0 KS: 0% (0 LTC) reinvested.
-1.0E-8 02.24.14 trade Buying 1.3422836809176926e-7 ks @ 0.0744999
1.0E-8 02.24.14 Mining Dividend Dividend on 0 KS: 100% (0.01158229202741 LTC) reinvested.
-1.0E-8 02.23.14 trade Buying 1.4084526879615322e-7 ks @ 0.0709999
1.0E-8 02.23.14 Mining Dividend Dividend on 0 KS: 100% (5.7568434409044E-5 LTC) reinvested.
-1.0E-8 02.22.14 trade Buying 1.3369019703261238e-7 ks @ 0.0747998
1.0E-8 02.22.14 Mining Dividend Dividend on 0 KS: 100% (7.3674511178322E-5 LTC) reinvested.
-0.0004237 02.21.14 trade Buying 0.005582352545919033 ks @ 0.0758999
0.0004237 02.21.14 trade Canceled ks buy 0.00564933 @ 0.0750000
-0.0004237 02.21.14 trade Buying 0.0056493333333333335 ks @ 0.075
0.0004237 02.21.14 Mining Dividend Dividend on 0 KS: 0% (0 LTC) reinvested.

notice the missing day which at the time would have been for the 28th of feb by their script it would have showed up as 3.1.14


here is what they did instead of resolving the issue


-0.00459216   03.03.14   trade   Buying 0.06467830985915493 ks @ 0.071
0.00459216   03.02.14   Mining Dividend   Dividend on 9 KS: 0% (0 LTC) reinvested.
-0.00490406   03.01.14   trade   Buying 0.06811194444444445 ks @ 0.072
0.00490406   03.01.14   Mining Dividend   Dividend on 9 KS: 0% (0 LTC) reinvested.
-0.00238432   02.28.14   trade   Buying 0.03230785907859079 ks @ 0.0738
0.00238432   02.28.14   Mining Dividend   Dividend on 8 KS: 0% (0 LTC) reinvested.
-0.00207215   02.27.14   trade   Buying 0.02842455418381344 ks @ 0.0729
0.00207215   02.27.14   Mining Dividend   Dividend on 0 KS: 0% (0 LTC) reinvested.
-0.00046485   02.26.14   trade   Buying 0.006239614066078029 ks @ 0.0744998
0.00046485   02.26.14   Mining Dividend   Dividend on 0 KS: 0% (0 LTC) reinvested.
-1.0E-8   02.25.14   trade   Buying 1.3422836809176926e-7 ks @ 0.0744999
1.0E-8   02.25.14   Mining Dividend   Dividend on 0 KS: 100% (0.01158229202741 LTC) reinvested.
-1.0E-8   02.24.14   trade   Buying 1.4084526879615322e-7 ks @ 0.0709999
1.0E-8   02.24.14   Mining Dividend   Dividend on 0 KS: 100% (5.7568434409044E-5 LTC) reinvested.
-1.0E-8   02.23.14   trade   Buying 1.3369019703261238e-7 ks @ 0.0747998
1.0E-8   02.22.14   Mining Dividend   Dividend on 0 KS: 100% (7.3674511178322E-5 LTC) reinvested.
-0.0004237   02.22.14   trade   Buying 0.005582352545919033 ks @ 0.0758999
0.0004237   02.22.14   trade   Canceled ks buy 0.00564933 @ 0.0750000
-0.0004237   02.22.14   trade   Buying 0.0056493333333333335 ks @ 0.075
0.0004237   02.22.14   Mining Dividend   Dividend on 0 KS: 0% (0 LTC) reinvested.

they adjust the 2.21.14 to 2.22.14 which is incorrect just so they can make it all line up to what they want to hide if they fixed it right it would have all gone down 1 day so 2.21 would be 2.20 and 2.22 would be 2.21 and so on and still leave a gap of missing payment i have another person who has a point of reference he had made a deposit an hour or 2 before pay out of the missing day and never recieved they have done the same to him adjusted his dates to hide the fact that payout was missed

BTC: 1Bso4UR6urrH6uWUoq8wwJTsXvFdpT8k7A
LTC: LPCxacePcpC9UUfjvDXSdeStLumsH9J6Sg
darksaber
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March 08, 2014, 11:52:33 PM
 #47

Is the site down right now for anyone?
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March 09, 2014, 02:33:24 AM
 #48

Is the site down right now for anyone?

I just emailed, they're having some problems with the site and are working on fixing the problem.

~Foyz

BTC: 1H8SMAxJE54SRXNZVtThWurc88KQFCeNC5
ETH: 0xe91f113f1d4Cd2910CacA6748c9D4CcD902D9014
Cryptocurrency has opened my eyes. If I've been helpful, you know what to do *points up*
nyktalgia
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March 09, 2014, 03:06:07 AM
 #49

SITES DOWN AHH WE ALL GOT SCAMMED!

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March 09, 2014, 04:53:53 AM
 #50

Based on lack of support response, looks like the order skipped available sell orders to skim some profits. Cheers you thieving gits, you owe me $60




Haha I've had people buy small amounts of GHS from me  for .04 lawl, u just need to be more careful,  specially with bitcoins.    I've accidently moved 1 decimel place and takin losses on other sites.   Should be more weary when you are buying or selling, but mostly buying.

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March 09, 2014, 08:58:34 AM
 #51

Well, to be honest, for the most part, bit-mining has been pretty good to me.

People all too often start belly aching and jumping when a service experiences a technical glitch. All services related to Bitcoin are new and highly experimental, if you are worried about losing money, don't invest, simple as.

Every service you use requires some faith in the service provider. So have some faith. If not, there's always Anonymous.

~Foyz

BTC: 1H8SMAxJE54SRXNZVtThWurc88KQFCeNC5
ETH: 0xe91f113f1d4Cd2910CacA6748c9D4CcD902D9014
Cryptocurrency has opened my eyes. If I've been helpful, you know what to do *points up*
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March 09, 2014, 01:36:56 PM
 #52

Down for Maintenance

Hello Bit-Miners, our technical team is dealing with a server issue. Please check back later.

Update: Thank you for your patience. Bit-Mining will be available again tomorrow morning. All members will receive tonight's dividend, including for GHs currently on the market.

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March 10, 2014, 01:48:56 PM
 #53

Can we have a status update?

I cannot get into my account!

BTC: 15EsnLVpCqAKMC59hm5BUYvTLMWXxmwh2D http://scrypt.cc?ref=babi4 LTC: LYgXWLpzQUjWXAHtc7ouMbf83pBTPsGfVG
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March 10, 2014, 05:46:40 PM
 #54

Can we have a status update?

I cannot get into my account!

i love how ur rep is shit, nobody gives a fuck about u, maybe u got what was coming

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March 10, 2014, 06:25:02 PM
 #55

Can we have a status update?

I cannot get into my account!

i love how ur rep is shit, nobody gives a fuck about u, maybe u got what was coming

Bit of an OTT reaction
demontn (OP)
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March 10, 2014, 07:33:50 PM
 #56



Hello Bit-Miners,
 
We apologize for the unintended interruption in service; let us bring you up to 
speed on the current situation over at Bit-Mining.Co
 
Over the last few weeks, we have suffered a series of attacks against our 
pools by a would-be hacker. This will explain the frequent and clustered pool 
down times we have been experiencing; we have been doing our best to guard 
ourselves against these DDOS attacks. 
 
In the past few days however, the actions of our assailant have escalated, with 
ransom demands and threats that have ultimately culminated in an intrusion 
attempt on our server. Thanks to the valiant efforts of our TECHs, and security 
considerations already in place, we were able to fend of this attack with 
minimal damage. Our wallets were completely unaffected by the attack; 
however, we have experienced corruption of our trading database and are 
working to restore it to its pre-intrusion state. Let me clarify; NO USER FUNDS 
OR ASSETS HAVE BEEN AFFECTED. ALL MINING HARDWARE
(that represents 
your Purchased GHs/KHs) IS ALSO SAFE. Because of the corruption of the 
trading database, we are suspending the Trading feature until we can get 
everything sorted out with certainty.
 
If you had a BTC/LTC balance before we experienced down time; it should be 
accurately reflected in your account balance currently and available for 
withdrawal. We are expediting withdrawals for the time being to alleviate user 
concerns. However, due to the way the database has been reconstructed, 
there may be a few users with incorrect monetary balances; simply contact us 
at support@bit-mining.co so that we can take an individual consideration of 
your account and make it correct. This is also true for GHs/KHs balances, most 
should be correct but there may be a few users with unique circumstances. 
Mining power that is in pending orders will also be restored once we resume 
trading. For all users having issues with referral counts, this is to be expected 
and will be resolved soon. If you have an issue after that just contact us and 
we will sort it out.
 
If you cannot regain access to your account, first attempt to reset your 
password. 
 
All withdrawals should have been processed before we went offline; and we 
also have a record of all requested and satisfied withdrawals; if you are 
currently awaiting one check to make sure you haven’t received it. If you still 
haven’t received one that you know you requested, send an email to 
contact@bit-mining.co with subject STUCK WITHDRAWAL, we will patch you 
up. 
 
Also, to ease concerns about mining payouts, no user has been paid out since   
3/07/14 (as we have been down since then), but everyone will be reimbursed 
for Purchased GHs/KHs payouts whether or not they were in orders at the 
time; we will not penalize the user for the inability to gain account access 
during our downtime.
 
We sincerely apologize for any inconvenience this outage may have caused our 
users.  We give our users our assurance that we will investigate each and 
every user issue until eventual resolution; but we ask  that users hold non-
account access and withdrawal related issues until after we resume trading. 
The maturity of our users about this matter is greatly appreciated during this 
difficult time. We still remain committed to providing a superior cloud mining 
experience with the most competitive pricing we can provide. We hope that 
users observe our handling of this situation as an indication of our dedication 
to this project. 
 
As soon as I get a more precise ETA on trading being re-enabled from our 
TECH department; I will update everyone via email and forum post. Chat 
restrictions are lifted in order to facilitate user issue resolution, and I will be 
available in site chat to answer any individual user questions.
 
If you have any additional concerns or questions please don't hesitate to 
contact us. I apologize again for the hassle this has caused everyone.
 
BMC Support


Bit-Mining.Co

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March 10, 2014, 07:56:57 PM
 #57

TYVM for the update, I will go ahead and attempt a PW reset when I arrive home.

Thank you again

BTC: 15EsnLVpCqAKMC59hm5BUYvTLMWXxmwh2D http://scrypt.cc?ref=babi4 LTC: LYgXWLpzQUjWXAHtc7ouMbf83pBTPsGfVG
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March 11, 2014, 12:22:16 PM
 #58

Why not send such info to your customers ? I haven't been able to login for a day and a half and my requests for support have remained unanswered. I'll try the password thing, but I was blaming the 2FA, since that's been causing issues as well.

As for the ddos attacks, same thing is happening to scrypt.cc and others, I think. Load of crap from a small bunch of idiots  Roll Eyes

<||=||>  Rule #1a: Never invest more then you can afford to lose. <||=||>  Rule #1b: Never invest all you can afford to lose. <||=||> 
............. Whenever someone idly claims a scam, a Bitcoin somewhere dies .............
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March 12, 2014, 10:47:18 PM
 #59

Thanks Bit-Mining.Co for fixing so much so fast.

Really happy and glad with how they handled it all.
The moment the site came back online, SUPPORT was there to help you and / or answer your questions.

Really have a lot of respect for him since he worked around the clock to aid as many people as possible!

Same for the community so far! Almost everyone that got word of what happened and got info on how to deal with it, told other people what happened and how they should respond correctly if SUPPORT was afk from the chat to talk to ADMIN and / or TECH, or respond to emails they got from users.

They told us they figured out all accounts by hand and I got everything back Smiley

Thank you for handling this so well guys!

I can see you really like Bit-Mining.Co and do everything to keep everyone happy and satisfied, I know I am Smiley
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March 12, 2014, 10:48:23 PM
 #60

After their outage,

Id like to come say that #Bit_Mining stood by their product, fixed everything for me!

No loss what-so-ever!  Better customer service there than I ever got at cex.  You cant! go wrong if you're looking for a cloud mining and exchange!


SOO HAPPPPPYYY!!!!  XD

BTC: 15EsnLVpCqAKMC59hm5BUYvTLMWXxmwh2D http://scrypt.cc?ref=babi4 LTC: LYgXWLpzQUjWXAHtc7ouMbf83pBTPsGfVG
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