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Author Topic: Cloud mining service popping out like mushrooms  (Read 1439 times)
Seketsuna
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November 12, 2014, 09:55:45 AM
 #1

I just noticed this and i think most of them are disguised ponzi schemes
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November 12, 2014, 11:12:58 AM
 #2

most of them are. but there are some legit ones out there

pbmining - legit
cex.io - legit
hashprofit - undecided but it pays out so going towards legit

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November 12, 2014, 11:20:57 AM
 #3

Here is a nice site with Cloud mining reviews, you can check service of your choice yourself:

http://www.cloudminingreviews.com/


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Cryptozillah
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November 12, 2014, 12:04:23 PM
 #4

You are probably right.
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November 12, 2014, 12:12:46 PM
 #5

That's normal, it happens everywhere. The more players, the cheaper everything will be. That's how free markets work.

Mining services battle with each other to offer the best rates, customers will benefit from that  Cheesy
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November 12, 2014, 12:43:23 PM
 #6

I just noticed this and i think most of them are disguised ponzi schemes
i wouldnt trust any without proof of mining hardware and hashpower, there are some who run away with the user's bitcoin after getting coins from user.
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November 12, 2014, 02:10:50 PM
 #7

I noticed that,too.Most of these sites are scams and they disappear after they get many BTC,like lunamine did.
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November 12, 2014, 04:59:25 PM
 #8

the scams are ponzis disguised as cloud mining services. read forum threads to see if it's legit
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November 12, 2014, 05:02:44 PM
 #9

There's a whole list here or legit and scammy cloud mining companies with people posting information about it: https://bitcointalk.org/index.php?topic=739510.0

For what it's worth, I'm buying hashing with Genesis Cloud Mining and I haven't had any problems with them.
Malin Keshar
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November 12, 2014, 05:05:57 PM
 #10

there are scams following cryptocominer and the legit ones, like GAWs and others

Don't blame the legits for the scammy ones
WestHarrison
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November 12, 2014, 05:25:31 PM
 #11

Most of them are scams and you shouldn't trust them.
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November 12, 2014, 05:37:47 PM
 #12

You will be fine if you just be cautious. Obviously choose big companies with established position on market and you will be good. If cloud mining company is new, small, does not have full address or some information are missing from the site be wary.


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Seketsuna
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November 13, 2014, 01:02:44 AM
 #13

there are scams following cryptocominer and the legit ones, like GAWs and others

Don't blame the legits for the scammy ones


well cryptocominer was an obvious scam from the start. I cant believe some people invested $1,000 even if its so freaking easy to spot
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November 13, 2014, 01:52:47 AM
 #14

I use https://zeushash.com. Does anyone think its a scam?  Cry

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November 13, 2014, 02:18:43 AM
 #15

most of them are. but there are some legit ones out there

pbmining - legit
cex.io - legit
hashprofit - undecided but it pays out so going towards legit

I know very little about cloud mining services, but I was just reading another thread on the subject, and among other things, the user jimmothy was presenting evidence PBMining was at one point paying mining earnings from new costumers' payments:


Taken from the thread https://bitcointalk.org/index.php?topic=835464.0.

I'm not sure I'd jump to the conclusion they are a ponzi scheme based on that alone, but I'd certainly think twice before investing there.
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November 13, 2014, 06:39:16 AM
 #16

I use https://zeushash.com. Does anyone think its a scam?  Cry

no one knows coz right now there alots of ponzi disguised. The best way is to diversify your investment in this type of services
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November 14, 2014, 11:45:09 PM
 #17

most of them are. but there are some legit ones out there

pbmining - legit
cex.io - legit
hashprofit - undecided but it pays out so going towards legit


are you sure pbmining is that legit? i was searching this forum trying to decide where to invest and it seems that although they have been around for while they are one of the least transparent ones, like compared to cex, genesis-mining, zeushash, gaw and others.. ..cant decide.. Roll Eyes Undecided

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November 15, 2014, 01:19:55 AM
 #18

theres some people who question pbmining in the service announcements because of no disclosure of a physical facility.

but people been getting paid every sunday as always. its been a year i think, so regardless i think its pretty safe.
Seketsuna
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November 21, 2014, 12:49:59 PM
 #19

theres some people who question pbmining in the service announcements because of no disclosure of a physical facility.

but people been getting paid every sunday as always. its been a year i think, so regardless i think its pretty safe.

but there are some ponzi schemes who are able to operate for 1yr though.
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November 21, 2014, 12:54:58 PM
 #20

most of them are. but there are some legit ones out there

pbmining - legit
cex.io - legit
hashprofit - undecided but it pays out so going towards legit


you clearly paid for this forum account  Cheesy

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