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Author Topic: Bitwings, your thoughts?  (Read 339 times)
fosco333
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August 08, 2019, 04:58:24 AM
 #21

Hi, please, what are your thoughts about upcoming ICO Bitwings?
Do you think that their product is real or only another ponzi scheme?
Their website looks legit, many good reports, ratings, partnerships. But if you think about it. It is really possible that some phone with basic specifications could ming 2 Ethereum per month?
Thank you for every opinion!

Is that really generating 2 eth per month ?
ETH ASIC Miner Antminer E3 only mining about 0.4 eth per month with current difficulty.
Which means bitwings must be have chip more advance than Antminer E3, Otherwise, they lied.

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August 08, 2019, 05:27:03 AM
 #22

If you think it logically, there is no way that you can earn 2 ETH per month using their app. If that happens then everybody who has smartphone will be rich in an instant Cheesy.

When I saw this ICO and their bounty campaign, I know that this will not be a successful one in the long run but maybe in the short run it can be. Anyway, its too early to say bad things to them. Lets just see after they finish the product Smiley. If it will be a successful one then I will be using it to earn Cheesy.

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August 08, 2019, 05:38:46 AM
 #23

It is logically impossible that some phones with basic specifications can produce 2 ETH. But, I'm sure that can happen. My belief may be very basic, that is, if they really work, it is definitely possible.
Not only impossible that doesn't make sense at all. But i still curious about what means of crypto guarantee by the emission and if the dev used emission to attract the investors and this is an old idea to be tried by the team. This platform looks work to create its own device and OS like hdac.

It might looks impossible to many but after understanding what POD (Proof of Data) is and how it works my doubting stops,with the new algorithm called POD its very possible to mine on smartphones,it will work like cloud mining that we can find on other project like ETN but bitwings POD will work better,its like renting VPS servers to mine monero

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August 08, 2019, 05:45:25 AM
Merited by Distinctin (1)
 #24

They never claimed it will be 2 ETH. They are claiming up to 2 ETH. For mining, you also need to join a membership plan. The membership plan is not cheap at all, which means mining won't be done on the phone.

Their phone does not have any hardware that will allow you to mine ETH using the phone. I think it will be cloud-based using a special app for which you need to purchase the membership plan.

The thing that attracts more investors is the working product that they have in the form of a mobile phone and tablet using Blockchain technology.   

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August 08, 2019, 06:25:54 AM
 #25

It is just a cloud mining company with a twist. Their mobile phone runs on helio p60 processor which can't even mine a fraction of ETH a year on its own. So upto 2 ETH per month is definately bullshit. In short, you don't mine anything on your phone it is all cloud based.

 
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August 08, 2019, 06:26:56 AM
 #26

They never claimed it will be 2 ETH. They are claiming up to 2 ETH. For mining, you also need to join a membership plan. The membership plan is not cheap at all, which means mining won't be done on the phone.

Their phone does not have any hardware that will allow you to mine ETH using the phone. I think it will be cloud-based using a special app for which you need to purchase the membership plan.

The thing that attracts more investors is the working product that they have in the form of a mobile phone and tablet using Blockchain technology.   
yes thats was right up to 2 eth per month, i think the sistem on mining like staking on membership plant, its good platform like enecuum/ enq thats have mining backed by ethereum, you can swap on mining and swap again into erc when you want to sell it
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August 08, 2019, 07:43:17 AM
 #27

I'm not miner cryptocurrency especially miner ETH, but my friend is miner ETH for two years and he needs arround $2000 to build a system to mine ETH and he get it. And when I ask him how many ETH can be mined in one month with his farm, he just says to get one ETH I'll be gratefull. But when I see on your thread because I don't know with Bitwings ICO who can mined 2 ETH in one month is really wierd.

I'll not say it is scam or ponzi but you must be carefull about the project. If you intend to store your money in new project you can find another project who really give you a profit as it should be, that is the first choice. Because the real project will not give you an offer to gain a lot of project or the real profit that you will get if you enter to their project. Seems like to invest in the new project I'll suggest to choose an IEO which is launch by reputable exchange.

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August 08, 2019, 07:53:10 AM
 #28

I don't know much about the project, but if they are saying you can mine "up to" 2 ETH per month, then that would put me off.
I hate the phrase "up to", it's just deliberately misleading. "Up to" can mean anything. 0 ETH is "Up to" 2 ETH. 0.00001 ETH is "Up to" 2 ETH as well...
The phrase is used by so many companies to try to trick people into thinking something is better than it is.
Like the below that I just grabbed at random from Google images. They've even put "up to" in a tiny font, so that people don't see it.
/rant



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August 08, 2019, 08:33:05 AM
 #29

well for me its impossible to mine 2 eth in a month i tried some mining in the phone and its to0 long to make a 1 eth . Well if you really doubt to this project theres so many project that will give satisfaction. I know you read all what commentor said i think its enough and answer your doubt.

http://7hash.com?ref=7f466fb77323861
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August 08, 2019, 08:48:01 AM
 #30

Bitwings have attracted many supporters with its lavish promise of producing up to 2 Ethereum on its mobile, Bitwing. But what we need to see is implementation of its promise. Only time will tell. If it keeps its words, the project will become a grand success. So I want to say only good luck to the project.

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August 08, 2019, 08:54:44 AM
 #31

The project offers looks too good to be true but since the teams have been in business for a long time there is possibilities that they have built a better solution for mining on mobile phones which is still very impossible for many projects but to me its still nothing but a cloud based mining with different twist.

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August 08, 2019, 08:58:20 AM
 #32

It's good to be true because I don't think that mining from the phone will be profitable for people and I don't think that they can earn 2 ETH per month. I wonder what is the specification for the phones itself because as far as I heard, that will make the phone overheat if you use to mining. But I don't know about that because I never use my phone to mining cryptocurrency. But if you are still curious, I guess you can try with your phone, so you will know what the result is and I hope that you can tell us the results. I suggest you use the old phone that you don't use so if something happens with your phone, you will not be sad.
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August 08, 2019, 09:25:44 AM
 #33

Hi, please, what are your thoughts about upcoming ICO Bitwings?
Do you think that their product is real or only another ponzi scheme?
Their website looks legit, many good reports, ratings, partnerships. But if you think about it. It is really possible that some phone with basic specifications could ming 2 Ethereum per month?
Thank you for every opinion!
I saw in the telegram that a lot of customers had already pre-ordered cell phones from Bitwings, let's see after they got their cellphones, is it true that he could produce 2 ETH per month or it was all a lie
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