Earn 10% On Your Deposits~! PYRAMINING Referrals Here!

[Prefinem]

I am going to take the reply of nothing other than referrals as a scam.

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[erpbridge]

I deposited 0.11 BTC of my first mining stuff from late March into here, beginning of April. Here are the facts:

You have to deposit at least 0.1BTC. They payout reward only in multiples of 1 BTC. The profit you get on a regular basis (daily) is not DRIP (dividend reinvestment plan) lumped back in with your deposit, to make you able to earn back slightly faster... its held aside in a separate, not "invested" line item. So, you only make profit on your initial investment, not on the funds which you receive as profit from the investment while waiting for them to hit the payout marker.

You can not withdraw your original investment. Once its there, its sunk in.

The time to payback on 0.11 BTC, without anyone signing up under you, is 52 months (4 years, 4 months). However, what that means is that after 52 months, you will get 0.11 in your "reward" line item. 0.11 BTC is not enough to trigger the automatic withdrawl after 1.0 BTC, so... you're stuck waiting longer until it accumulates to 1.0 BTC... about 9 times longer, so about 39 years to get 1 BTC off of a deposit of 0.11 BTC.

Now, you can deposit, following their rules, into the ASIC miner fund (something that is 8 digits long and ends in 1111.) You will not get any return off it yet, as they are still waiting to purchase ASIC miners ["ASIC infrastructure is not available right now", FAQ page].) That will theoretically make return on investment faster, but will still be many months of not being able to touch your original funds OR the reward funds.

If you have to wait 52 months to make a 100 percent return, with no compounding, thats a return of a little less than 2 percent per month. Its made worse by not being able to even withdraw your original deposit during that whole time. If you deposit that same money in a dividend fund on BTCT, or trade it smartly on exchanges, or follow Goomba's 10/21 trading listed here on forums, not only can you get a better return than 2 percent a month, but you can actually pull out your money whenever. With Pyramining, its locked up for 5 years.

[wildbud]

Referrals:

http://www.pyramining.com/referral/hnd3xsf7p
http://www.pyramining.com/referral/et42qabk7   

Thanks guys!

[wildbud]

Has anyone actually recovered there costs from this yet?

I believe most of the people are investing in the ASIC side since normal investment seems pointless

[Prefinem]

@erpbridge

Thanks for the breakdown.

In short, no.

[Narken]

Seems very fishy.

Anyone got anything yet ?

[BobbyJo]

This is a decent investment plan and does really work.  I have invested a lot of BTC here, and have more than broken even.  From now on its pure profit!!  It is easy to do, anyone can do it with any level of investment.  Click on my links and you will see that this account is already in profit and is less than 50% complete.  I also have a number of additional accounts in a similar or better position.

Now is the time to get involved as he is deploying ASIC (hopefully in the next few weeks) which will dramatically reduce payout times.  Minimum payout has been reduced to 0.1 BTC, so payouts are much more regular now.

If you join and deposit via one of my links, PM me and Ill explain how to maximise your return in the shortest possible time and allow you to position yourselves for the ASIC deployment.

Join Pyramining via my links and I will show you how to maximise profits in the minimum time.


Most recent links:

http://pyramining.com/referral/q26chxfrg
http://pyramining.com/referral/2hysa47ft

[PlatinSurfer90]

Sounds interesting; especially because my GPU is not good enough for mining


here my ref links: http://pyramining.com/referral/7dq8yxfrt http://pyramining.com/referral/yepgkz3ns


Thanks

[bitsuser]

  good

[liberty90]

Looks like a scam to me.

It's not a scam. Pyramining is very reputable; you should read their discussion thread.
it's rather slow, but ASICS will be introduced soon

http://www.pyramining.com/referral/mk48qszhe
  
http://www.pyramining.com/referral/npgfxe9qt

Anyone got anything yet ?

Of course. You can read about this in another thread:

Since the bitcoin value is noticeably higher than when Pyramining started, the payout threshold has been lowered to 0.1 BTC.

Since the bitcoin value is noticeably higher than when Pyramining started, the payout threshold has been lowered to 0.1 BTC.

Oh, this is excellent news. Thank You very much.

Cool. I got the payouts today...

http://www.pyramining.com/referral/mk48qszhe
 
http://www.pyramining.com/referral/npgfxe9qt

[hitkill]

Please consider helping a newbie  Smiley

[JackMack96]

http://pyramining.com/referral/y89m6r7zn   2013-05-03 02:54:23 UTC   still active
http://pyramining.com/referral/gebqfx8m3   2013-05-03 02:54:23 UTC   still active

[PlatinSurfer90]

Hi,

today is 18.05. but I got my last transaction on 15.05.

Is there a problem or is it normal?

thanks
--

EDIT: today (20.05.) I got my transaction for the last days but in sum not that much like in an avarage day

[Monkey1]

Latest Links- Now with the option of ASICs!

http://www.pyramining.com/referral/drstp9na2
http://www.pyramining.com/referral/q7yt8462a
http://www.pyramining.com/referral/y6z7ph4bk
http://www.pyramining.com/referral/697kcn42f

[Maikfield]

http://pyramining.com/referral/8zd94easc   2013-05-26 01:19:44 UTC   still active
http://pyramining.com/referral/fahb94r63   2013-05-26 01:19:44 UTC   still active

[True___Blue]

Pyramining itself is very reputable. However as difficulty increases payout time has also increased. If you are in BTC for the long run it is a good investment. Feel free to PM me with any questions.

http://www.pyramining.com/referral/te9z76mdb   2013-04-13 00:07:10 UTC   still active
http://www.pyramining.com/referral/qr4sgdfn8   2013-04-20 18:15:14 UTC   still active
http://www.pyramining.com/referral/zngh74r2f   2013-04-13 00:49:53 UTC   still active
http://www.pyramining.com/referral/36qr8m92f   2013-04-13 00:49:53 UTC   still active

[laikig]

That's the hash rate of the new infrastructure that Pyramining is getting

[ilich]

Help me to help you. Use the links.

http://pyramining.com/referral/yp84szafd
http://pyramining.com/referral/pd394refh
http://pyramining.com/referral/zgq4y28he
http://pyramining.com/referral/deh4bc9pz
http://pyramining.com/referral/krd2b4ax9

[fr00p]

http://pyramining.com/referral/7hrzdk94q
http://pyramining.com/referral/a3x4ce8ym

[i3lome]

http://www.pyramining.com/referral/dgct2k6ma 2013-06-04 23:00:14 UTC still active
 http://www.pyramining.com/referral/ns9k8xf64 2013-06-04 23:00:14 UTC still active

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