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Author Topic: High Performance Bitcoin Mining | Starting from 0.0004 BTC/Ghs | Since 2014  (Read 88425 times)
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ONLYfree
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September 05, 2015, 03:31:09 PM
 #881

Paid or not paid?

Depends who you believe, the shills or the real customers who are getting dust.


Very nice post. And its true.

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Warning: Trade with extreme caution!
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September 08, 2015, 05:57:28 PM
 #882

To add an amusing side glance on top of the well known facts (extremely low payouts; no proof of real mining whatsoever; listed in badbitcoin.org for quite a while; not answering questions regarding equipment, detailed statistics, maintenance fees etc. pp.): Not able to stand provable critics.

As you might know they've got there own forum — http://forum.cloudmining.website.

When you post any of the above within that forum, your post gets deleted within an hour by moderator 'Alec'. When you do so repeatedly, your account gets suspended. Medievalism, to put it mildly.
So, you literally did not have the decency of telling people that it was later found that your posts were not deleted, but moved to another section.

By the way, someone said over there that you are from grmining.com. True ?

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September 08, 2015, 06:01:44 PM
 #883

I was one of the duped, so I can confirm cloudmining.website is a Ponzi.  I currently have 2.57 TH under contract and yesterday received 0.00056276 BTC, far below what I should.  When I first joined the site, payouts were in line with the amount of hashing power I had purchased.  Then, true to the form of a Ponzi, they dwindled to almost nothing.  The administrator has ignored my inquiries and is keeping my BTC.
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September 08, 2015, 06:09:22 PM
 #884

I was one of the duped, so I can confirm cloudmining.website is a Ponzi.  I currently have 2.57 TH under contract and yesterday received 0.00056276 BTC, far below what I should.  When I first joined the site, payouts were in line with the amount of hashing power I had purchased.  Then, true to the form of a Ponzi, they dwindled to almost nothing.  The administrator has ignored my inquiries and is keeping my BTC.
Welcome to BitcoinTalk Cheesy

Could you please explain a bit more on this ? Like what does it mean by in line payout ? In my little experience in hardware mining, I never heard of anything as such...

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September 08, 2015, 06:26:25 PM
 #885

Sure, I purchased 2.57 TH of hashing power from your website, cloudmining.website.  This, on average, should currently paying ~5.00/day.  Instead of getting my payments, you're paying me about .13/day and keeping the rest.

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September 08, 2015, 07:03:48 PM
 #886

Sure, I purchased 2.57 TH of hashing power from your website, cloudmining.website. 
First of all, it is not my website. I am invested there, I participate in their sig campaign and I boldly tell people when I get good mining payout (unlike some of you who only starts nagging when mining luck stops favouring you). This is why I have earned the -ve feedback from shills of other cloud miners.

This, on average, should currently paying ~5.00/day.  Instead of getting my payments, you're paying me about .13/day and keeping the rest.
I am very much interested in this part. Where and how do you derive this figure that you have to receive ~5.00 on each day if you have 2.57 Ths ? I had a 10 Ghs gear from a now diffunct Asic Miner long ago, while difficulty was far lower. There were multiple week when I mined nothing with that 10 Ghs. So, if your mining amount drops for a certain period, how can you complain about that ? This is very normal in mining!

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September 08, 2015, 07:31:55 PM
 #887

Quote
I am very much interested in this part. Where and how do you derive this figure that you have to receive ~5.00 on each day if you have 2.57 Ths ? I had a 10 Ghs gear from a now diffunct Asic Miner long ago, while difficulty was far lower. There were multiple week when I mined nothing with that 10 Ghs. So, if your mining amount drops for a certain period, how can you complain about that ? This is very normal in mining!


http://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=2570&p=0.00&pc=0.00&pf=0.00&d=56957648455.01000000&r=25.00000000&er=248.20010000&hc=0.00

You're the admin of cloudmining.website.  I and several other people on bitcointalk know it's you. 
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September 09, 2015, 11:16:17 AM
 #888

This is talking about average output. Where did you get that it must be the output of everyday?

You're the admin of cloudmining.website.  I and several other people on bitcointalk know it's you.  
Yah. I'm not only the admin of cloudmining.website, I'm also CEO of bitcoin. I dine with central bankers and sleep with illuminati sisters. All the wealth I have sucked out of civilization has been stored deep inside a dead volcano. I'm awaiting for the space ship with which I reached this green planet. I'll take some of you with me for experiment in another world. I mean WTF? You guys just made up anything out of imagination.

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September 09, 2015, 08:58:14 PM
 #889


Are you trying to say that he is receiving $0.13 on average per day from you CMW, not $5.63 as predicted by the calculator, because of luck?

I'm awaiting for the space ship with which I reached this green planet.

Hopefully it will come and get you soon. Your shilling is embarassing now.

Extraordinary Claims require Extraordinary Evidence
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September 10, 2015, 03:15:08 AM
 #890


Are you trying to say that he is receiving $0.13 on average per day from you CMW, not $5.63 as predicted by the calculator, because of luck?

I'm awaiting for the space ship with which I reached this green planet.

Hopefully it will come and get you soon. Your shilling is embarassing now.



Another .14 cents today, woohoo!  There's 113 days left in 2015.  Because we don't know future difficulty, let's say my 2.57 TH consistently pay out an average of $5.63. 
I can expect the following:

CMW:  113 * .14 = $15.82
What I should have been earning:  113 * 5.63 =  $636.19

CMW's share of my 2.57 TH investment:  97.52% of earnings   
My share:  2.48% of earnings

Now, if someone was taking 97.52% of your earnings, wouldn't you be upset too?



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September 10, 2015, 03:41:26 PM
 #891

Similar calculations for me.. To get ROI i need around 3 years more! (contract from November 2014)
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September 10, 2015, 05:36:59 PM
 #892

Similar calculations for me.. To get ROI i need around 3 years more! (contract from November 2014)

Kotwica666,

Thanks for sharing!  I'm sad to hear yet another case of someone getting taken advantage of.  Might I ask when your payments started to shrink?  For me, it was June-July.  And I know it's not due to bad luck!

Hershey
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September 11, 2015, 03:03:44 AM
 #893

Similar calculations for me.. To get ROI i need around 3 years more! (contract from November 2014)

Kotwica666,

Thanks for sharing!  I'm sad to hear yet another case of someone getting taken advantage of.  Might I ask when your payments started to shrink?  For me, it was June-July.  And I know it's not due to bad luck!

Hershey

I don't remember exactly but i think it was even a bit earlier..  i did similar calculations two - three times in this thread when payments goes down..
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September 14, 2015, 03:13:57 PM
 #894

Why is today's payment hanging as unconfirmed Tx for so long ?

https://blockchain.info/tx/92161bd3fdd139d9f7a5a8f3fc1ef4ffeeae5e5ab8d636072c6e9c166bd64f34
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September 15, 2015, 11:07:20 PM
 #895

Why is today's payment hanging as unconfirmed Tx for so long ?

https://blockchain.info/tx/92161bd3fdd139d9f7a5a8f3fc1ef4ffeeae5e5ab8d636072c6e9c166bd64f34
24 hours over and still unconfirmed. WTF is happening ? Are we scammed ?
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September 16, 2015, 04:43:02 PM
 #896

Why is today's payment hanging as unconfirmed Tx for so long ?

https://blockchain.info/tx/92161bd3fdd139d9f7a5a8f3fc1ef4ffeeae5e5ab8d636072c6e9c166bd64f34
24 hours over and still unconfirmed. WTF is happening ? Are we scammed ?

To address your first question, usually if a transaction takes a long time to clear, it's either due to a flood of transactions hitting the Bitcoin market or because the sender sent a minimal transaction fee.  The higher the fee, the higher it goes in the queue.

Is this a scam?  Yes, it's a scam.  I'm also a customer on cloudmining.website, with over 2 TH under contract, and am being paid about .25 a day.  It's only a matter a time before all of the customers get screwed like I am.


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September 16, 2015, 04:53:05 PM
 #897

Why is today's payment hanging as unconfirmed Tx for so long ?

https://blockchain.info/tx/92161bd3fdd139d9f7a5a8f3fc1ef4ffeeae5e5ab8d636072c6e9c166bd64f34
24 hours over and still unconfirmed. WTF is happening ? Are we scammed ?

have you tried contacting support? It looks like the fees in that transaction were not at the recommended level for the amount of small inputs/outputs which is why it may be taking so long.

In terms of being scammed? I wouldnt be suprised. The site structure and lack of company information/transparency is provides an easy exit for the site operators if they chose to do so. They seem to have been operating for quite some time though so that is a plus.

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September 16, 2015, 09:01:05 PM
 #898

Why is today's payment hanging as unconfirmed Tx for so long ?

https://blockchain.info/tx/92161bd3fdd139d9f7a5a8f3fc1ef4ffeeae5e5ab8d636072c6e9c166bd64f34
24 hours over and still unconfirmed. WTF is happening ? Are we scammed ?

have you tried contacting support? It looks like the fees in that transaction were not at the recommended level for the amount of small inputs/outputs which is why it may be taking so long.
Yes. I sent PM to support on their forum, i.e. http://forum.cloudmining.website. Support is saying that if they resend the Tx now and both become confirmed, then they'll lose double of the amount they were supposed to send. Moreover, they said that they tried something called CPFP, where they paid 0.0025 BTC for a 224 byte Tx having input of this output...

https://blockchain.info/tx/7c395e9c3ec23a96b93338c1cd85f9d91b3a399337ef84171f935b4e36794263

But, miners are still not accepting the previous Tx.
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September 18, 2015, 10:59:22 AM
 #899

Why is today's payment hanging as unconfirmed Tx for so long ?

https://blockchain.info/tx/92161bd3fdd139d9f7a5a8f3fc1ef4ffeeae5e5ab8d636072c6e9c166bd64f34
This Tx is now confirmed at my end.
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September 20, 2015, 07:24:09 PM
 #900

Yep. Tomorrow is another payday...
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