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Author Topic: ▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁  (Read 348668 times)
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cparsley
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May 21, 2015, 05:01:15 PM
 #1101

Who'd want to get in this nowadays anyway... with the cutthroat and amount of processing power pumping thru the system already anyways, couldn't think you'd mine for anything more than well, next to nothing anyways.

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May 25, 2015, 07:18:26 PM
 #1102

Here's a new one for you, now that the forum came back it can get on the list:
HashManiac http://www.hashmaniac.com https://bitcointalk.org/index.php?topic=1065453

I think it should get a rating it deserves... unless they respond and provide the adequate proof of course.

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May 27, 2015, 05:24:57 AM
 #1103

Is gigahash.org a ponzi?
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May 27, 2015, 06:30:00 PM
 #1104

Is gigahash.org a ponzi?

If it provides couldmining services and barely anybody even remotely heard of them - it generally means they are a ponzi and a scam. And a virus, if they offer to download anything like hashflare or how that retarded scam was called...

hashflare was really funny btw, they kinda made a thread, got beaten to ashes by scam accusation within a day, then close it, next day reopen another one with the same info and so on... Wink scam special tactics Wink

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May 28, 2015, 12:42:15 PM
 #1105

Anyone familiar with this?

https://www.gethashing.com/

Saw this off a listing in BitLendingClub.
cryptojumper
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May 28, 2015, 01:15:18 PM
 #1106

Anyone familiar with this?

https://www.gethashing.com/

Saw this off a listing in BitLendingClub.

forum.gethashing.com in my opinion is the second biggest crypto forum. They offer cloudmining services using color coins as shares of a mining farm. I think they are legit, but the question is about profitability... I suggest you visit and read about the service, there's tons of info, for me it's a bit too complicated to invest, it's all clear how it works, but I'm just lazy to mess around with all those color assets and salts, I just better buy my ghs at hashnest Tongue

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May 28, 2015, 04:19:17 PM
 #1107

Anyone familiar with this?

https://www.gethashing.com/

Saw this off a listing in BitLendingClub.

forum.gethashing.com in my opinion is the second biggest crypto forum. They offer cloudmining services using color coins as shares of a mining farm. I think they are legit, but the question is about profitability... I suggest you visit and read about the service, there's tons of info, for me it's a bit too complicated to invest, it's all clear how it works, but I'm just lazy to mess around with all those color assets and salts, I just better buy my ghs at hashnest Tongue

Yup, there are some cool people there. I think they are legit, nobody complained so far.

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May 28, 2015, 05:11:41 PM
 #1108

Anyone familiar with this?

https://www.gethashing.com/

Saw this off a listing in BitLendingClub.

forum.gethashing.com in my opinion is the second biggest crypto forum. They offer cloudmining services using color coins as shares of a mining farm. I think they are legit, but the question is about profitability... I suggest you visit and read about the service, there's tons of info, for me it's a bit too complicated to invest, it's all clear how it works, but I'm just lazy to mess around with all those color assets and salts, I just better buy my ghs at hashnest Tongue

Yup, there are some cool people there. I think they are legit, nobody complained so far.

Very legitimate and transparent, just do not expect returns to be significantly higher than Antminer S5 GH bought on Hashnest exchange.

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May 29, 2015, 08:34:58 AM
 #1109

Fb started feeding me ads from this site.. anyone care to share their opinion about this site?

https://www.genesis-mining.com/
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May 29, 2015, 09:01:50 AM
 #1110

Fb started feeding me ads from this site.. anyone care to share their opinion about this site?

https://www.genesis-mining.com/

quote from the OP:
Code:
genesis-mining        1+4+7              => 3/7 = Probably legit (risk of fractional reserve mining)

The business itself is probably legit, but you have to do the math if it's profitable to invest (hint: "It isn't")

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May 29, 2015, 03:00:26 PM
 #1111

Fb started feeding me ads from this site.. anyone care to share their opinion about this site?

https://www.genesis-mining.com/

AFAIK it's legit. but ROI is over a year.
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May 29, 2015, 03:13:15 PM
 #1112

Fb started feeding me ads from this site.. anyone care to share their opinion about this site?

https://www.genesis-mining.com/

AFAIK it's legit. but ROI is over a year.

They have a risk of fractional reserve mining. That means that they might be reselling the same hardware to many different people not only one or selling more hashpower than they have to say in other words.
And they are terribly unprofitable. Why bother - buy from hashnest and have no worries Smiley

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May 29, 2015, 06:57:23 PM
 #1113

Fb started feeding me ads from this site.. anyone care to share their opinion about this site?

https://www.genesis-mining.com/

AFAIK it's legit. but ROI is over a year.

They have a risk of fractional reserve mining. That means that they might be reselling the same hardware to many different people not only one or selling more hashpower than they have to say in other words.
And they are terribly unprofitable. Why bother - buy from hashnest and have no worries Smiley

+1

I m not worried about them doing fractional reserve mining. If you take a look at their page, the entire team s there, with photos and contacts. They would not be able to run if they would go south. But profitability, that s an issue.

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May 30, 2015, 04:30:29 AM
 #1114

HELLO!! CLOUDMINR.IO STILL PAYING... NICE!! ITS A PONZI OR NOT?
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May 30, 2015, 06:52:56 AM
 #1115

HELLO!! CLOUDMINR.IO STILL PAYING... NICE!! ITS A PONZI OR NOT?

Yes, it's a ponzi most likely.. See page 1 of this thread. I would suggest you to invest in Hashnest or Bit-x if you want cloudmining, otherwise you will either get scammed or will not roi ever..

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May 30, 2015, 11:07:10 AM
 #1116

I saw cloud mining, but most likely it's just another ponzi cloud mining

Site : https://xscrypt.com/
Bitcointalk thread : https://bitcointalk.org/index.php?topic=1067965.0

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May 30, 2015, 04:23:19 PM
 #1117

Really return on investment from legit hosted bitcoin mining is so long now you are better off just buying and holding bitcoin.

If you just have to mine you need to put odds as much in your favor as possible and run a bitcoin miner at home ... if you have cheap power. If you know what you are doing there are a few altcoins on the move to trade but I would never invest in any altcoin long term. Consider them all pump and dumps. You can also have some fun trading bitcoin contracts for difference (CFD).

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May 30, 2015, 04:29:05 PM
 #1118

Another ponzi. https://cloudthink.io/

No ANN thread. A scam accusation already popped out - https://bitcointalk.org/index.php?topic=1074272.0

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May 30, 2015, 07:03:11 PM
 #1119

WTB LTCGear accounts! PM me. Thank you! Smiley

Please PM me, I have for sale hashie, amhash, amhash_havelock, gaw, paycoin and other accounts for sale, if you are doing charity you should not discriminate victims of other scams as well Wink

I could add genesis-mining acc as well, it's not a scam, but I will not live that long to reach roi, maybe you're younger.. Wink

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May 30, 2015, 10:33:23 PM
 #1120

Another ponzi. https://cloudthink.io/

No ANN thread. A scam accusation already popped out - https://bitcointalk.org/index.php?topic=1074272.0


now the page is down,
i'm getting 404 error
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