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Author Topic: [UNRESPONSIVE POOL OPERATOR] 50BTC.com  (Read 240596 times)
Keninishna
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November 06, 2013, 03:32:01 AM
 #1001

I highly doubt they will payout the remaining balances because 1. the balances were off and 2. they lost a lot of bitcoin. It will be a nightmare to get this all corrected unless they restore the balances from a backup and agree to pay out at a loss and potentially have duplicate payouts. They will more than likely set everyone to 0 and say sorry wont happen again and hope people go back to mining with them. Sucks pretty hard too I've lost over 4btc.

the thing that REALLY sucks about that is.. ok so i can accept that whatever balance was between last successful payout until they got hacked were stolen. I don't like it, but that just might be the way it is. But after the hack, they did not let us know that things were stolen. They made it sound like they were going to get the balances adjusted and would be back up. So i stayed with them for 5 days afterwards. All the while getting a "new" balance. Now ok, so my old balance was stolen. But I KEPT WORKING, they KEPT FINDING BLOCKS. Why not at LEAST pay us the reward from THOSE BLOCKS. Is that how we get rewarded for being loyal and trying to stay with them in hard times? "oh well tough tits kiddo, stuff was stolen, and we refuse to pay you what you helped us earn after the hack."

I really hope I am just being cynical. I honestly hope that they will at least realize we should be paid what we earned after the hack. Anything anyone fairly earned after they TOLD US.. that they were SWITCHING US to DGM and made it seem like we were making progress forward. Otherwise it feels like "oh well sorry hackers stole from you guys, we're gonna steal the rest from you cuz we don't want to be stuck getting stolen from".

I honestly hope that things will get sorted out, and I would actually like to see the pool backup and running again. But I guess at this point, only time will tell.

It might be hard for them to calculate the new balances since mine was never accurate since the hack even tho I managed to mine another bitcoin in that 5 days or so as well. Even if they have lots of bitcoin leftover and not all of it was stolen I doubt they would still be able to give it back unless they manually go through and fix everyones balances but their site says they lost the data on the balances. People aren't gonna like the well we got hacked sorry for losing all your btc but what can we do? I woulden't be surprised if the site owners just took all the btc claimed it was a hack and are loling swimming in our bitcoins because they should have daily backups of the balances as well as logs of the payouts. If the site wallet got emptied though its also possible they just don't have the money to compensate for it. The news also states they suffered from possible bad variance or some miners holding back valid blocks. So maybe the site owner felt cheated and decided to justify it by taking everyones btc? It is fucked up they let us mine for several days but maybe the admins did believe they could get everything sorted out untill later, they aren't gonna post "well guys we fucked up sorry for letting u mine". They should of shut down connections to the pool untill they figured everything out.
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gjpminingco
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November 06, 2013, 03:42:42 AM
 #1002

Well try Losing 44.25 BTC that was supposed to be Sent to the Company ( As Per the Contract ) that let you Test / Do a Hands on review of the miner and now have them Threatening to take legal action against me for not sending the funds that i owed them


Now tell me what the hell i am supposed to do if 50btc just up and runs with the funds

itsgoldbaby
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Hello!


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November 06, 2013, 12:47:15 PM
 #1003

"A record with the supplied identity could not be found"  Sad
Nemo1024
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November 06, 2013, 01:07:31 PM
 #1004

"A record with the supplied identity could not be found"  Sad

I get that as well now.
Sadly, 50BTC is now off all of my backup pool records.
R.I.P.

Well try Losing 44.25 BTC that was supposed to be Sent to the Company ( As Per the Contract ) that let you Test / Do a Hands on review of the miner and now have them Threatening to take legal action against me for not sending the funds that i owed them


Now tell me what the hell i am supposed to do if 50btc just up and runs with the funds

Negotiate with your company a delayed payback.
Buy 22 bitcoins (take up a loan if need be) and cautiously play the market to double your capital. (I managed to earn about 10% on top of my original investment on this latest rally only, and it's not yet over.)
Pay back what you owe.

Not to pour salt on your wound, but this outcome is partially your fault as well. There was a history of pools going down and losing their miners' bitcoins before. It was stated many times on the forums not to keep any significant amount of money in a pool.
Actually, never keep any significant amount of money in any address that you don't have a private key of.


Save Donbass

“Dark times lie ahead of us and there will be a time when we must choose between what is easy and what is right.”
“We are only as strong as we are united, as weak as we are divided.”
“It is important to fight and fight again, and keep fighting, for only then can evil be kept at bay, though never quite eradicated.”
mwarrior
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Uh Huh


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November 06, 2013, 10:44:49 PM
 #1005

The silence in deafening 50BTC.  Pony up bro.  You need to take care of business.

฿itC0in Tr@d3r
ak47eu
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November 07, 2013, 07:17:28 AM
 #1006

i have only 82.xxx btc on that pool...i'm dead man waking...
Zelek Uther
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November 07, 2013, 09:26:42 AM
 #1007

When I try to get my bitcoins out, I get:
Some error occurred

Not a happy camper.  I've still got a Block Erupter pointed at 50BTC, but now I'm considering taking my 330MH/s elsewhere Smiley

Run a Bitcoin node, support the network.
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t1000
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November 07, 2013, 12:24:37 PM
 #1008

Hmm I see I am just a small fish. Down BTC1.2.

Did you find my posts helpful? Did I say say something nice? Your generosity is much appreciate.
BTC: 1G7chBLoYqGfdyfkrox53yDn6sS65PgFYk
LTC: LiYeFdbv5oxin9S3Wmn4v84LuGZ9nsE4XZ
JohnsonX
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November 07, 2013, 07:39:39 PM
 #1009

Nothing...

They have disappeared it seems

BTC: 1K7KdY7s2Vi3MEdo3emchJpaaUpLLQA9vN
FTC  : 6kXTscx6TbKDj2g4jFj8XVYFMYSFpsoQ5w
JohnsonX
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November 07, 2013, 07:43:55 PM
 #1010

i have only 82.xxx btc on that pool...i'm dead man waking...

 Shocked

BTC: 1K7KdY7s2Vi3MEdo3emchJpaaUpLLQA9vN
FTC  : 6kXTscx6TbKDj2g4jFj8XVYFMYSFpsoQ5w
leoragraves666
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November 08, 2013, 01:15:58 AM
 #1011

Not much left for me in there, 2 BTC, but it took me a long time to mine those 2.

PC & Mac repairs
Zelek Uther
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November 08, 2013, 10:47:24 PM
 #1012

RIP 50BTC, sad to see you go, great website, great user interface graphs stats etc.

I've taken my hashrate elsewhere, and removed 50BTC as a backup pool as well.

I didn't lose a lot of BTC, however since I was mining using ASICMINER Block Erupter USBs I lost a lot of mining time... all that Satoshi dust is important to a little guy!

Run a Bitcoin node, support the network.
How to compile and run bitcoind on a Raspberry Pi
Qbert
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November 09, 2013, 01:00:53 AM
 #1013

20 days and no detailed response to the community and the miners that mined here.
I think it's about time we added this pool to the list of further scams.

gjpminingco
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November 09, 2013, 01:38:46 AM
 #1014

20 days and no detailed response to the community and the miners that mined here.
I think it's about time we added this pool to the list of further scams.



It has not been 20 days since they have posted on what is going on

the last post from them was on their site was 11 days ago and they stated they are working as fast and hard as they can to fix this issue

it's not like they have a " Staples Easy Button " they can hit and everything is all better

they have to make sure everything is secure before they put funds back in the Hot Wallet so that the new Funds are safe from being stolen like the other funds were

I know i have been one of the ones Upset about this but i bet if we give them the chance to fix this and make things right they will
Not to mention with the High Price of BTC would you want to risk 2k - 7k BTC being stolen because they rushed the security of the new billing system and it allowed the hackers to get at the new batch of funds just because everyone was yelling and complaining and they were trying to pay everyone out before security was done? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?

I think not

Qbert
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November 09, 2013, 02:57:11 AM
 #1015

20 days and no detailed response to the community and the miners that mined here.
I think it's about time we added this pool to the list of further scams.



It has not been 20 days since they have posted on what is going on


Sorry... I call bullshit.  Let me clarify.  It's been 20 days since payouts were halted.  They obviously knew something was up 20 days ago since they stopped allowing payouts.  Just because it took them 9 days to make a statement has no bearing, and in fact calls into question the veracity of the statements they actually have made.

gjpminingco
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November 09, 2013, 03:16:53 AM
 #1016

Hmm i guess you need to check your math




they first reported something wrong on 10/21/2013


Status Update
28.10, 10:38
After the attacks that we’ve experienced from August 2013 till the October we’ve lost user balances data and huge part of the funds. We still can not figure out the full list of vulnerabilities that have been used to perform the attack.
Status Update
25.10, 10:26
We keep on investigating the way the billing-software was hacked but vulnerability still can not be identified. That's why we've made a decision to rewrite billing software from scratch.
Hacker's attack didn't affect 50BTC ASIC shop
21.10, 09:28
The attack will not affect shop's work in any way, it's still accepting orders.
Pool will be working in 0% commission DGM mode until the vulnerability is figured out.
21.10, 07:34
Until we figure out which vulnerability was used to perform the attack all workers will be switched to the DGM mode with 0% pool's commission.


from that first post to now is only 18 days


learn to count and try not to blow it out of paportion to make things bigger then they are

Qbert
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November 09, 2013, 03:27:51 AM
 #1017

Hmm i guess you need to check your math




they first reported something wrong on 10/21/2013


Status Update
28.10, 10:38

Please... learn to read english.  I'm pretty fucking good at math.

The problems started on the 18th of October.

Read a bit starting here:
https://bitcointalk.org/index.php?topic=54673.msg3364036#msg3364036

I couldn't give a shit when they decided to first make an announcement.

fungal
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November 09, 2013, 06:27:24 AM
 #1018

Quote
"...Not to mention with the High Price of BTC would you want to risk 2k - 7k BTC being stolen because they rushed the security of the new billing system and it allowed the hackers to get at the new batch of funds just because everyone was yelling and complaining and they were trying to pay everyone out before security was done?"


+1 for logic and common sense. Shame 'common sense' is not so 'common'... funny that, eh?
fungal
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November 09, 2013, 06:30:41 AM
 #1019

"A record with the supplied identity could not be found"  Sad

Hmm, must be you couple reporting (or a small outage), I logged in and even went to graphs, no issues... obviously I do not have $100k + waiting for cash out, but we already know that is up the duff...

It would be nice to see an appreciation once it is back up and running. Yes I am a born optimist!
bitnewfly
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November 09, 2013, 06:43:00 AM
 #1020

I am waiting too. i also have some points in there. hope they can back ..even tomorrow!

I like bitcoin, feel the future. Test the address now: 1C3dsz8qHWwVmwrGQYkMduN6eqqDbpvNAm
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