3$/Ghs as low 2.6$/GHs do you think sminers.com Legit ?

[ironmask]

Hi do you think this hosting site legit ?

https://sminers.com/


3$/ GHs   and as low 2.6$/GHs just announced last week.

Cheers,

[rammy2k2]

use search function, if u cant find anything about them here, there are 99% chances to be a scam

[jerryh]

Hi, I have their platinum plan since 2 weeks ago, mining revenues been credited into my account every week and every withdrawal request I made recieved within 24 hours and without delay

[crazyates]

Hi, I have their platinum plan since 2 weeks ago, mining revenues been credited into my account every week and every withdrawal request I made recieved within 24 hours and without delay

You registered today, not 30 min ago, just to post a positive review about a suspect company. I call bs.

[rammy2k2]

Hi, I have their platinum plan since 2 weeks ago, mining revenues been credited into my account every week and every withdrawal request I made recieved within 24 hours and without delay

You registered today, not 30 min ago, just to post a positive review about a suspect company. I call bs.

i second that 

[Quix]

No phone numbers or addresses = scam. Hard stop there, don't ever buy anything from a company you can't verify the existence of.

[cannachris]

Hi, I have their platinum plan since 2 weeks ago, mining revenues been credited into my account every week and every withdrawal request I made recieved within 24 hours and without delay

D- for lack of effort. Don't insult our intelligence.

[jerryh]

Hi, I have their platinum plan since 2 weeks ago, mining revenues been credited into my account every week and every withdrawal request I made recieved within 24 hours and without delay

You registered today, not 30 min ago, just to post a positive review about a suspect company. I call bs.

Why I can't send a positive review about a company which I used their services and I'm satisfied with their services? We are here to send negative reviews only?!

[PerrythePlatypus]

Hi, I have their platinum plan since 2 weeks ago, mining revenues been credited into my account every week and every withdrawal request I made recieved within 24 hours and without delay

You registered today, not 30 min ago, just to post a positive review about a suspect company. I call bs.

Why I can't send a positive review about a company which I used their services and I'm satisfied with their services? We are here to send negative reviews only?!

It just doesn't see legit. You made 2 post, first post is positive review and second is to support it. It's natural for people to suspect you are a sock puppet.

[philipma1957]

well they are so new the forum  has a grand total of 5 posts.  now the cheapest plan is 90 usd for 30 gh hash.  a 1 month contract.




http://bitcoinwisdom.com/bitcoin/difficulty  


 plug in 30 gh    and it shows  at 625 usd a coin and a diff of 2612 mill you earn 3.60 usd a day .  So the deal looks like it may make money>

 I for one would not give them 90 usd for a month.  oh they claim to have 42th which now days is not that hard to do.


 my problem is the platinum plan 500 gh 1 month  1300usd

at todays btc  price of  625 usd it should almost be certain to profit.

the next 7 days you would earn 0.672 coins  
 then diff jumps to 3121 mill  
so for 11 days you would earn  0.886 coins
then diff jumps to  3800 mill
 so for 12 days you would earn 0.790 coins

so that is a total of 2.347 coins  at 625 a coin  that is 1467 usd for 1300 usd in 1 month's time.

that is too good of a return.     So I am inclined to think it is a scam.

[InCoinsITrust]

Seems legit

[cloverme]

Not sure if they are legit or not, they have an interesting business model though.

I'm interested in doing a mining business too, but not sure the best way to do it. Some companies sell gh/s contracts, others offer bonds which pay out for the entire farm like a dividend. I have potential investors, but up until now I've just been doing it for fun. Reading threads like this though make me want to keep my farm private.

[Anddos]

Mine over 0.15 BTC / M , its not going to be that tho because of the difficulty increase

[thejepper]

if they have that much profit possibility why would they not mine for themselves? ergo.. prob scam

[cloverme]

if they have that much profit possibility why would they not mine for themselves? ergo.. prob scam

Well, I don't think that just because someone offers mining contracts that it's automatically a scam. There's pros and cons on each side for the seller and the buyer. The seller recoups operating expenses immediately (rather than converting mined BTC to fiat) and the buyer gets to participate in the marketplace without a huge capital investment. Is it profitable to charge someone to mine for them? I don't see why not, some people want to mine but aren't tech savvy enough for it. 

While researching the mining contract marketplace, I came across one site (airtechy) that claimed that they had 382 Th/s, yet they are pretty much unknown in the mining community. Scraping up 382 TH/s is no easy feat, my guess is that they are just trying to resell cex.io or another brokering service. Right now it's the wild west, you can't tell legit from scam without doing a huge amount of due diligence, which can be tough because bitcoin mining companies want to have some privacy and security. 

[BitChrisUK]

It isnt that cheap is it? Looking at $36 per ghs a year? Cex is cheaper than that.

[TRN1062]

It isnt that cheap is it? Looking at $36 per ghs a year? Cex is cheaper than that.

The main difference being that with Cex you have to shell out the full contract price up front. If this is real I might consider it to get started as I have limited funds and only like .04 btc right now so shelling out btc for a full year contract price would be extremely difficult as I am having zero luck finding a legit way to acquire bitcoin without mining it.

I'd have loved to purchase one of the asic miners if I could have managed to acquire the bitcoin to make the purchase.. Maybe I can manage to get in a monthly contract deal, at least to get started and boost my 17gh from my antminer u1's. Im getting nowhere fast with those with the difficulty increases. break even point is probably years from now.

[novello]

This makes no sense at all, unless they have their own asic hardware, or need subscribers to 'lock in' to equal monthly payments for a year. Either that or their fees are very high?

[cookiemonsterwhat]

If it sounds too good to be true, its because they must lack something some where.

Check the site and compare others all across.

[Gamer67]

Just doing a quick google map search on the location advertised on their site brings up a building that is under construction and located in a port.

Nordre Nostekaien 1
5011 Bergen
NORWAY


Also this comment should raise a flag.

We have supplied multiple ASIC Bitcoin miner Hardwares capable of an incredible 2 TH/s of mining hashing power each

...and this.

Currently we only accept Bitcoins

I am calling scam on this one. It looks very much like some recent scams only the twist this time is instead of selling the hardware they are doing the shares model.


Stay away.