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Author Topic: Applebyte scam exposed!  (Read 732 times)
CryptoCurrencyInc.com
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September 23, 2014, 06:29:17 PM
 #1

Applebyte claimed to only allow people with a maxium of 10,000 kh/s to mine on their pool.
http://pool.applebyte.me

This image clearly showed people with more than 10,000 kh/s mining at their pool
http://pool.applebyte.me/index.php?page=statistics&action=pool

If you mine with more than 10,000 kh/s, your account will be locked and all of shares of coins you've mined will be stolen by the Developers at Applybyte.



 
 
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instacalm
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September 23, 2014, 06:57:38 PM
 #2

Hi,

I helped setting up the pool and I can confirm that (1) AppleByte is not a scam and (2) the AppleByte developers/admins are legit
First.Bitcoins
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September 23, 2014, 09:36:05 PM
 #3

Applebyte claimed to only allow people with a maxium of 10,000 kh/s to mine on their pool.
http://pool.applebyte.me

If you mine with more than 10,000 kh/s, your account will be locked and all of shares of coins you've mined will be stolen by the Developers at Applybyte.

As our support team explained to CryptoCurrencyInc.com, all three of the accounts he lists that are over 10mhs are locked & an email was sent to those account holders, just like we sent one to him, when he tried to mine with 30mhs+, here is the email:




If you know how MPOS works, you know that is correct.



On the front page of the pool, it clearly states the 10mhs limit:





We have clearly stated on many posts in this forum, that we made the decision to limit the bandwidth allowed on the pool, so that the CPU & GPU miners are able to mine successfully.

Founding Dev of ArtByte, the crypto supporting the arts, started in NYC - May 1, 2014 ArtByte.me
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September 23, 2014, 09:44:09 PM
 #4

What the - I've just stumbled into the alts subforum to find myself completely baffled. When it's not bitter infighting it's pool operators trying to put up hard limits on hashrate. How does that even work? How can you possibly ensure a person can only have one account? Serious question BTW, if you're able to do that, you've just solved one of the harder issues relating to trust on the Internet!

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