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Author Topic: Ethersmine: is it a scam?  (Read 101 times)
Finnedsgang (OP)
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June 18, 2018, 06:23:47 AM
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Some weeks ago i purchased with a friend some cloud power for mining eth on "Ethersmine" (yes, there's an S );  not a big investment (100$ each), just to try the service that seemed very interesting: 1mhs and daily payments on a coinbase or internal wallet. I was a little bit skeptical at first, but than the payment began to arrive and my friend choosed to invest more.

After 3 weeks of payments this is the first time we didn't receive any thing, so i think we were scammed... Has anyone here tried the service? is a scam? don't know if i can add a link ...
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p3ppymon
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June 18, 2018, 08:55:36 AM
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As far as I can see, that website is a mining cloud which will return your shares in 90 days. Hence, you need to wait another while before you can see anything in your wallet.
Nevertheless, I strongly recommend you to buy outright your coins rather than waste your money with cloudmining. Cloudmining providers have to make profit anyway, and they make profit on your contract! You will be better off buying crypto from an exchange (or mine yourself).
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June 18, 2018, 11:30:49 AM
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Hi P3ppymon,
yes, of course i mine myself and i bought a decent amount of crypto in the past. I was just trying another form of mining that seemed very attractive (no initial cost for mining, no electricity cost, fixed amount of coins) and i have to say the first month (3 week and half) everything is gone well (payments were accredited on my coinbase account)... in the last week they stopped payments. Don't know if they will start again or not
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