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Author Topic: ▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁  (Read 342326 times)
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MrTeal
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January 13, 2015, 09:36:05 PM
 #501

No, they do not pay for anything, nobody has ever seen a single DC of CEX. Bitfury chips went on negative equity long time ago more or less at the time the Jupiters stopped to be productive.

Bitfury is still among the most power efficient chip, achieving ~0.75W/GH at the wall. So far only Bitmain is doing significantly better, and only since a few weeks. So it all comes down to their electricity cost.

You will note however, that even KnC has not shut off their miners, despite considerably worse efficiency. Clearly they still think its operationally profitable.

Just going to point out that SP-Tech miners range between 0.3w/gh and 0.6 w/gh based on how much you overclock/underclock. As well, KnC Neptunes pull about 0.5 w/gh (very good efficiency).

Not sure if it counts but BE300s chips from Asicminer are currently pulling 0.3 w/gh on stock clocks, but they haven't started shipping in mass qtys.

There's plenty of chips doing better than bitfury's 0.75w/gh stuff. However, bitfury has much better chips now that they are not selling to the public. There's a lot of competition in this mining space!
Can you link to a test of anyone getting 0.3J/GH using SPTech gear?
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armedmilitia
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January 13, 2015, 10:21:12 PM
 #502

Can you link to a test of anyone getting 0.3J/GH using SPTech gear?

Just did some heavy googling, and I came up dry. I could almost swear someone heavily undervolted an SP20 to get it...

Or maybe I imagined it  Cheesy

Always use escrow. OgNasty is pretty sweet.

Help me out with compiling a list of mining datacenters!
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January 14, 2015, 12:40:06 PM
 #503

There was just an attempt to start a signature campaign for a "new" "cloud mining service" called MineThatCloud.

I had the following post deleted:

Quote
Before you even post a link offering a cloud mining service, take a look at this thread and try to provide the evidence puppet asks for if.

Also, you FAQ makes no mention at all of maintenance fees. Let me guess, they're included in the price.

If you can't do, don't bother offering your service.

As for this sig campaign, only an idiot would take up your offer without escrow and a legitimate escrow may be hard to find if you can't proride any evidence of legitimacy.

This is just THMining mining (that got slaughtered) under a new name and design.

I edited in that last line and shorty afterwards, all posts  in the thread were deleted, the campaign was closed and the thread locked.

Edit: MineThatCloud just appeared in the Service Announcement section
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January 14, 2015, 03:35:13 PM
 #504

Is it just me, or did CEX actually admit they never had any hardware?

https://bitcointalk.org/index.php?topic=318010.msg10151684#msg10151684

They kind of sidestepped the question of another poster about trying to redeem GH/s for shipped hardware.

GAWSOME class action
(Homero Garza throws Stuart Fraser under the bus)
ION: XPY successor
                 Make sure to read

                 BitcoinTalk rules
          /s
ATCkit
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January 14, 2015, 04:06:31 PM
 #505

Can you link to a test of anyone getting 0.3J/GH using SPTech gear?

Just did some heavy googling, and I came up dry. I could almost swear someone heavily undervolted an SP20 to get it...

Or maybe I imagined it  Cheesy

Wasn't your imagination Smiley. I think you meant the specs for the Rocker Box chip here:

http://www.spondoolies-tech.com/products/holiday-special-sp20-jackson-shipping-from-stock


However, the SP20 uses 1200 watts for 1.7 THS which is more like 0.71 watts /GHS.
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January 14, 2015, 04:54:17 PM
 #506

Is it just me, or did CEX actually admit they never had any hardware?

https://bitcointalk.org/index.php?topic=318010.msg10151684#msg10151684

They kind of sidestepped the question of another poster about trying to redeem GH/s for shipped hardware.

you're 100% right sir

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donmoney24
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January 14, 2015, 05:26:57 PM
 #507

Littelbit about Hashprofit guys..


https://plus.google.com/photos/+HashcoinsLLC/albums/6006194142254883041/6006194441246076226?pid=6006194441246076226&oid=104002870677427234728

Russian guys looking this middle guy!

https://forum.btcsec.com/index.php?/topic/8524-hashprofit-maining-dlia-vsekh-200-khs-na-7-dnei-besplatno/page-49#entry224357
http://mmgp.ru/showthread.php?t=274495&page=926


They new sites!

And more HP guys maded site:

 Сообщение от snvautozar Посмотреть сообщение
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Mabsark
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January 15, 2015, 12:32:12 AM
 #508

What are your maintenance fees?

Also, will you be providing any of the evidence puppet asks for in his Cloudmining 101 thread in order to prove your legitimacy?

Hi Thank You for your post.

We just noticed puppets post and will be providing evidence shortly.

As for maintenance fees.

Datacenter in UK.

£6,608 Per Month, We have 4 Full Racks Rented out
£0.17 Per Kwh

Datacenter in France.

€8,526 Per Month, We have 4 Full Racks Rented out
€0.26 Per Kwh


That's 0.26 $/kWh for the Datacenter in the UK.  Roll Eyes
MrTeal
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January 15, 2015, 12:47:05 AM
 #509

I like how they call it an affiliate scheme.
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January 15, 2015, 12:51:16 AM
 #510

may be it would be interesting for you
https://bitcointalk.org/index.php?topic=925209.msg10157434#msg10157434
The same people run CLOUDMINR.IO and TERABOX.ME

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January 15, 2015, 01:31:12 AM
 #511

What are your maintenance fees?

Also, will you be providing any of the evidence puppet asks for in his Cloudmining 101 thread in order to prove your legitimacy?

Hi Thank You for your post.

We just noticed puppets post and will be providing evidence shortly.

As for maintenance fees.

Datacenter in UK.

£6,608 Per Month, We have 4 Full Racks Rented out
£0.17 Per Kwh

Datacenter in France.

€8,526 Per Month, We have 4 Full Racks Rented out
€0.26 Per Kwh


That's 0.26 $/kWh for the Datacenter in the UK.  Roll Eyes

They are big on the self moderation...

Their latest posts suggests they make about $500 profit per month on their supposed 354TH/s.  I have asked how they can afford the 7% affiliate program considering they dont make anywhere near that much.  I doubt my post will last long.

Edit:  If its legit  Roll Eyes Its unprofitable in days
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January 15, 2015, 01:55:31 AM
 #512

Still a good thread Puppet, but your still going to keep GAW in the legit list? Come on, one miss isn't bad considering the environment. Lots of folks got taken in by Garbozo's BS. Keep up the good work.

1KRuaLy9R7r328m2H67xxnJ8QeAbvCDe6C

Mr. GARBOZO you lost your bet pay up 100BTC
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Neeed moooore cooooins!


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January 15, 2015, 02:43:47 AM
 #513

Still a good thread Puppet, but your still going to keep GAW in the legit list? Come on, one miss isn't bad considering the environment. Lots of folks got taken in by Garbozo's BS. Keep up the good work.

Even more earned a lot of money thanks to him.
Paycoin is still here despite the trolling and Garza is going to speak in Miami despite the protests.

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January 15, 2015, 01:36:21 PM
 #514

Still a good thread Puppet, but your still going to keep GAW in the legit list? Come on, one miss isn't bad considering the environment. Lots of folks got taken in by Garbozo's BS. Keep up the good work.

Even more earned a lot of money thanks to him.
Paycoin is still here despite the trolling and Garza is going to speak in Miami despite the protests.

This may spark some interest: http://blog.paybase.com/paybase-honors-20-paycoin/
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January 15, 2015, 01:46:16 PM
 #515

Still a good thread Puppet, but your still going to keep GAW in the legit list? Come on, one miss isn't bad considering the environment. Lots of folks got taken in by Garbozo's BS. Keep up the good work.

Even more earned a lot of money thanks to him.
Paycoin is still here despite the trolling and Garza is going to speak in Miami despite the protests.

This may spark some interest: http://blog.paybase.com/paybase-honors-20-paycoin/
20$ ... 20$ ... 20$ ... A minimum of $100,000 in payments from the Company to Sellers will be made on the first of each month .... 20$.... 20$....

Explanatation: they will buy 5k XPY every month from everyone that puts in the effort to enlist in their honor programme.
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January 15, 2015, 03:15:42 PM
 #516

Still a good thread Puppet, but your still going to keep GAW in the legit list? Come on, one miss isn't bad considering the environment. Lots of folks got taken in by Garbozo's BS. Keep up the good work.

Even more earned a lot of money thanks to him.
Paycoin is still here despite the trolling and Garza is going to speak in Miami despite the protests.

This may spark some interest: http://blog.paybase.com/paybase-honors-20-paycoin/
20$ ... 20$ ... 20$ ... A minimum of $100,000 in payments from the Company to Sellers will be made on the first of each month .... 20$.... 20$....

Explanatation: they will buy 50k XPY every month from everyone that puts in the effort to enlist in their honor programme.

If everyone with paycoins enrolls it's going to take years for them to pay everyone. If it includes the premined coins someone figured around 300+ years to payout so in reality GAW will never pay everyone back cause there is no way that GAW can last another year especially since they are losing their biggest supporters. 
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January 15, 2015, 03:20:16 PM
 #517

If everyone with paycoins enrolls it's going to take years for them to pay everyone. If it includes the premined coins someone figured around 300+ years to payout so in reality GAW will never pay everyone back cause there is no way that GAW can last another year especially since they are losing their biggest supporters. 
Even if you include only the mined coins, that's 10 months, a far distance from instatly buying back coins from the money you have already received for them.
alevlaslo
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January 15, 2015, 05:20:11 PM
 #518

Hellow,

add new market S4 of Hashnest on this site please http://nextdifficulty.com
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January 15, 2015, 05:37:26 PM
 #519

Still a good thread Puppet, but your still going to keep GAW in the legit list? Come on, one miss isn't bad considering the environment. Lots of folks got taken in by Garbozo's BS. Keep up the good work.

Even more earned a lot of money thanks to him.
Paycoin is still here despite the trolling and Garza is going to speak in Miami despite the protests.

This may spark some interest: http://blog.paybase.com/paybase-honors-20-paycoin/
20$ ... 20$ ... 20$ ... A minimum of $100,000 in payments from the Company to Sellers will be made on the first of each month .... 20$.... 20$....

Explanatation: they will buy 50k XPY every month from everyone that puts in the effort to enlist in their honor programme.

If everyone with paycoins enrolls it's going to take years for them to pay everyone. If it includes the premined coins someone figured around 300+ years to payout so in reality GAW will never pay everyone back cause there is no way that GAW can last another year especially since they are losing their biggest supporters. 

That was a math oopsie.  Its 5k XPY per month.  One poster on HT pointed out its likely to take over a decade to get the probable coins to go into the scheme paid off.  He was of course shadow banned
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January 15, 2015, 09:10:09 PM
 #520

That was a math oopsie.  Its 5k XPY per month.  One poster on HT pointed out its likely to take over a decade to get the probable coins to go into the scheme paid off.  He was of course shadow banned
Sorry, I knew I did the math before and it looked wrong...
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