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Author Topic: [ANN]Snowball.IO - Cost effective and free GH market. Start from 0.0014฿/GHS  (Read 12198 times)
superbull
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August 12, 2014, 02:38:16 AM
 #261

ANT S1 has the highest maintenance costs because they have a highpower consumption. So sell your S1 Ghs and buy more of S2 or even S3 etc. Wink

0.0022xxxx / day maint fee for a ANT S1 is acceptable and fair, the problems are the rewards given by them
1) they claimed they are mining at btcguild I really doubt it
2) both S1 and S2 are running 180G hashrate why they have a big difference in payouts? payouts count on machine type not hashrate?
3) They never reply to any tickets I raised
4) My last payouts were made on 8/10 15:21 CST, rec'd no payouts for over 40+ hours, are they now packing up and ready to go with our btc and machines

I have 343 GHS at Ghash as well, payouts...

8/10 47 Blks rewards 0.00790138 maint 0.00342867 maint% 43,39%
8/9  44 Blks rewards 0.00751792 maint 0.00323202 maint% 42.99%
8/8  37 Blks rewards 0.00658832 maint 0.00345101 maint% 52.38%
8/7  55 Blks rewards 0.00937170 maint 0.00311230 maint% 33.20%

who says CEX.IO is bad?
superbull
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August 12, 2014, 11:13:49 AM
 #262

snowball i see you online do you have something to say?

it is now 8/12 19:12 CST and I still rec'd no payouts from you...
superbull
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August 12, 2014, 11:28:46 AM
 #263

oops, he left without leaving a single word...wtf
achow101
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August 12, 2014, 02:12:31 PM
 #264

SCAM Website
I almost buy Ant S3 feeling lucky i'm not buy it!!

superbull
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August 12, 2014, 02:24:51 PM
 #265

Finally rec'd my latest payouts @ 21:38 CST today

S1 rewards 0.0092334 maint 0.0023288
S2 rewards 0.0077986 maint 0.0011371

Conclusion is snowball.io may not a scam (for the current moment...)  but definitely he is not a honest business man, I myself being a native Chinese feeling shame at all.



micky123
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August 12, 2014, 02:28:23 PM
 #266

This felt like a scam the moment i heard of it. Something similar to PBmining in my opinion, but since the management is chinese and they stopped posting on here quite a while ago, i knew that this would turn out to be a scam. Nearly fell for the lower prices... glad i stuck it out with CEX eventually even though the value of my GH/s has eroded over time. At least i didn't lose everything. Am i too early in saying this? Only time will tell!

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August 13, 2014, 09:42:11 AM
Last edit: August 21, 2014, 08:06:20 AM by beelu
 #267

I have tried their system since 2 weeks ago. I don't agree that this is a scam (at least up to this moment) but there are clearly room for improvement on the part of the admin.

I have purchased S3 hash power from them (from their hash power market direct), so far I am receiving my payout everyday to my wallet.
But I also notice that the hash power provided by them is about 3%-7% less than what you've actually purchased.
I bought 400 gh/s from their S3 trade market but their record shows that I was only mining at the rate of 385-390 GH/S.
As their rate is quite cheap so I am still ok with it.

I have also tried to withdraw my balance of BTC from their wallet and it has no problem to do so (my wallet is at coinbase)

I also note that the maintenance fee is not exactly constant each day, but the variance is not significant.

I have also tried to purchase S3 from them (the buy S3 button), they wrote the delivery date of the relevant hash power should be within 48 hrs from the time of submission,
but it clearly not true and the transaction was delayed. I have been waiting for 4 days already and my BTC was still locked by them. The admin replied to my ticket and said the hash power should be delivered by today or tomorrow. Hope they honor their promise. (remark: finally delivered and running. It took a week actually)

So it might be better to purchase from market direct.

XCoinX
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August 14, 2014, 12:14:06 AM
 #268

ANT S1 has the highest maintenance costs because they have a highpower consumption. So sell your S1 Ghs and buy more of S2 or even S3 etc. Wink

I only have S3 Hash power, I forgot to include that after having to repost.  Sad

I really don't understand the mentality of scammers, if indeed this is a scam, just saying in general. It would be far better to look at long term profits but then maybe scammers just want to steal quick BTC and not maintain and provide customer service with a site.

Other than the maintenance fee being off I have had no problems at all - I got my hash power pretty much instantly after my order was filled. I do not think it is a scam but they certainly lack any customer service it seems. I have not posted on their forums but I did open a support ticket. Weirdly enough as if it were a premonition, I asked about how maintenance fees were calculated before ordering any hash power. Maybe I should not have bothered at all. If it seems too good to be true then it probably is - as the saying goes. The maintenance fee for Antminer S3 just does not add up for me, unless I am being seriously dumb with my calc. but I doubt that.
RealMalatesta
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August 14, 2014, 12:59:10 AM
 #269

A scammer would not publish his address. So the service of snowball may not need everybody's expectation, but this doesn't make them scammers.
superbull
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August 14, 2014, 03:07:12 AM
 #270

A scammer would not publish his address. So the service of snowball may not need everybody's expectation, but this doesn't make them scammers.

you have checked their registration? you've been to Ma On Shan and visited their mining farm?

https://www.sgs.gov.cn/shaic/
http://www.sgs.gov.cn/lz/etpsInfo.do?method=viewDetail

capitial : RMB30K
business nature : software development, SI, IT consulting, trading, garments and household gears, machinery, hardware, electronic
dmz241
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August 14, 2014, 06:45:13 AM
 #271

ANT S1 has the highest maintenance costs because they have a highpower consumption. So sell your S1 Ghs and buy more of S2 or even S3 etc. Wink

0.0022xxxx / day maint fee for a ANT S1 is acceptable and fair, the problems are the rewards given by them
1) they claimed they are mining at btcguild I really doubt it
2) both S1 and S2 are running 180G hashrate why they have a big difference in payouts? payouts count on machine type not hashrate?
3) They never reply to any tickets I raised
4) My last payouts were made on 8/10 15:21 CST, rec'd no payouts for over 40+ hours, are they now packing up and ready to go with our btc and machines

I have 343 GHS at Ghash as well, payouts...

8/10 47 Blks rewards 0.00790138 maint 0.00342867 maint% 43,39%
8/9  44 Blks rewards 0.00751792 maint 0.00323202 maint% 42.99%
8/8  37 Blks rewards 0.00658832 maint 0.00345101 maint% 52.38%
8/7  55 Blks rewards 0.00937170 maint 0.00311230 maint% 33.20%

who says CEX.IO is bad?

it is funny how they said that they have reduced maintenance fee 2 different times but the maintenance fee from the looks of it went up.
RealMalatesta
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August 14, 2014, 08:15:02 AM
 #272

A scammer would not publish his address. So the service of snowball may not need everybody's expectation, but this doesn't make them scammers.

you have checked their registration? you've been to Ma On Shan and visited their mining farm?

https://www.sgs.gov.cn/shaic/
http://www.sgs.gov.cn/lz/etpsInfo.do?method=viewDetail

capitial : RMB30K
business nature : software development, SI, IT consulting, trading, garments and household gears, machinery, hardware, electronic

And what do you want to tell me with this?
superbull
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August 14, 2014, 01:30:38 PM
 #273

A scammer would not publish his address. So the service of snowball may not need everybody's expectation, but this doesn't make them scammers.

you have checked their registration? you've been to Ma On Shan and visited their mining farm?

https://www.sgs.gov.cn/shaic/
http://www.sgs.gov.cn/lz/etpsInfo.do?method=viewDetail

capitial : RMB30K
business nature : software development, SI, IT consulting, trading, garments and household gears, machinery, hardware, electronic

And what do you want to tell me with this?

The registration ID 310114002230568 belongs to a Shanghai Company named 上海碧银网络科技有限公司, registration date 2011 Jan 28, address Shanghai 嘉定区宝安公路2762号2幢2125室, I have no proof that snowball does not own the ID as they never shown us any supporting evidence.
Also they have no registration number shown on their home page make them more suspicious, these are the local web all doing bitcoin business, registration ID is required to show on the home page, at the bottom

https://www.f2pool.com/ (Discus Fish)

http://www.btcfans.com/it618_scoremall-scoremall.html (Avalon)

http://shop.bitmain.cn/ (Antminer)

https://bter.com/ (Bter Exchange)
RealMalatesta
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August 14, 2014, 02:02:14 PM
 #274

Again: Their service may not be perfect, but it works. They are looking for programmers, post their names, their addresses, they contribute as programmers to other programs - so what's the point? The payout isn't as big as some want it to be - that's the nature of business. They are not as transparent as you want them to be? That's often the problem with small, new companies.

I invested in some miners with them, and yes: If they blow up, my money will be gone. At least a part of it. And yes: I would love to make more money out of my investment.

But I'm also sick of hearing everytime someone's greed isn't satisfied the scream "scammer".

I prefer to go after the real scammers.
superbull
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August 14, 2014, 02:28:01 PM
 #275

you read Chinese don't you.
Their ads are in Chinese recruiting a coding guy to be located in Beijing not Shanghai not Ma On Shan, payroll RMB10K a month, contacts yinchangxin1989@gmail.com, is a big firm not a scamer.
7queue
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August 14, 2014, 04:20:36 PM
 #276

I've had good luck with them so far, hope it continues!

Did notice a hick-up today, went to check my account and was sent to hashnest.com instead, dns shows both snowball.io and hashnest.com on the same ip address.

Curious if anyone else noticed this?

8 )

8 )
achow101
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August 16, 2014, 03:33:32 PM
 #277

you read Chinese don't you.
Their ads are in Chinese recruiting a coding guy to be located in Beijing not Shanghai not Ma On Shan, payroll RMB10K a month, contacts yinchangxin1989@gmail.com, is a big firm not a scamer.

LOL SHILL  Tongue
superbull is snowball shill beware this guy.

dmz241
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August 20, 2014, 04:09:26 PM
 #278

so far I traded up the s1 1ghs I had to 1ghs s2. Still not sure if I should throw some btc this way. As their support seems really bad due to language barrier. So what would members of the service suggest.
RealMalatesta
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August 20, 2014, 04:24:00 PM
 #279

so far I traded up the s1 1ghs I had to 1ghs s2. Still not sure if I should throw some btc this way. As their support seems really bad due to language barrier. So what would members of the service suggest.

I'm running there with several S2 and several S3. The fees seem sometimes a bit high, however, I just let it run and withdraw my BTC regularly. Furthermore, the closer I get towards ROI, I have started to sell GH/s and make some additional BTC. So for me there's no reason to complain at the moment.
beelu
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August 21, 2014, 07:55:42 AM
 #280

so far I traded up the s1 1ghs I had to 1ghs s2. Still not sure if I should throw some btc this way. As their support seems really bad due to language barrier. So what would members of the service suggest.

I think their maintenance fees for S1 & S2 are on the high side. You may also note that the power consumption / maintenance fee of S2 is much higher than S3.
If you have BTC to spare, you should switch to S3 instead. The fees for S3 is lowest.

I am currently holding and accumulated up to about 1200GH/s S3 shares, so far I don't have any problem with receiving payouts from snowball.
 




 
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