Bitcoin Forum
August 23, 2017, 10:29:00 AM *
News: Latest stable version of Bitcoin Core: 0.14.2  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 [28] 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 ... 95 »
  Print  
Author Topic: ▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁  (Read 328727 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.
MrTeal
Legendary
*
Offline Offline

Activity: 1274


View Profile
January 17, 2015, 04:20:16 AM
 #541


So given that coins stolen by so many scams end up at that address, why are your coins being sent there and what is it?
It's BTC-e.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1503484140
Hero Member
*
Offline Offline

Posts: 1503484140

View Profile Personal Message (Offline)

Ignore
1503484140
Reply with quote  #2

1503484140
Report to moderator
Mabsark
Legendary
*
Offline Offline

Activity: 826


View Profile
January 17, 2015, 04:23:38 AM
 #542


So given that coins stolen by so many scams end up at that address, why are your coins being sent there and what is it?
It's BTC-e.

Do they just have one address for everyone or is that a specific users address?
suchmoon
Legendary
*
Offline Offline

Activity: 1316



View Profile
January 17, 2015, 04:32:32 AM
 #543


So given that coins stolen by so many scams end up at that address, why are your coins being sent there and what is it?
It's BTC-e.

Do they just have one address for everyone or is that a specific users address?

Each user has a separate deposit address of course. As deposits come in they are swept into a shared wallet, which is what you found. I think most exchanges operate that way.

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

                 BitcoinTalk rules
          /s
Mabsark
Legendary
*
Offline Offline

Activity: 826


View Profile
January 17, 2015, 04:36:50 AM
 #544

Each user has a separate deposit address of course. As deposits come in they are swept into a shared wallet, which is what you found. I think most exchanges operate that way.

I'm sure someone's confirmed that. Does anyone have any links to such a confirmation?
suchmoon
Legendary
*
Offline Offline

Activity: 1316



View Profile
January 17, 2015, 04:48:56 AM
 #545

Each user has a separate deposit address of course. As deposits come in they are swept into a shared wallet, which is what you found. I think most exchanges operate that way.

I'm sure someone's confirmed that. Does anyone have any links to such a confirmation?

Google the address, there are quite a few references to it. For example:

https://bitcointalk.org/index.php?topic=791367.msg9123497#msg9123497

You can also try to deposit some dust to BTC-E and see where it ends up.

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

                 BitcoinTalk rules
          /s
tadynek
Newbie
*
Offline Offline

Activity: 3


View Profile
January 17, 2015, 10:04:41 AM
 #546

bitcoinlabmining.com - Account suspended, no payment, admin does not answer.
Puppet
Legendary
*
Offline Offline

Activity: 966


View Profile
January 17, 2015, 10:23:30 AM
 #547

bitcoinlabmining.com - Account suspended, no payment, admin does not answer.

OMG, who'd have thought?



thanks for reporting though.
l3sny
Hero Member
*****
Offline Offline

Activity: 806



View Profile
January 17, 2015, 10:34:04 AM
 #548

these all were scams without any mining equipment.
At kryptologika we have reduced our maintenance fees by 5% since 15/01 Wink

tadynek
Newbie
*
Offline Offline

Activity: 3


View Profile
January 17, 2015, 11:14:41 AM
 #549

Does anyone have any information about  https://vulu.org
ATCkit
Hero Member
*****
Offline Offline

Activity: 715


View Profile
January 17, 2015, 04:30:15 PM
 #550

Anyone seen this article:

http://techcrunch.com/2014/11/02/bitcoin-brothers-aim-to-disrupt-bitcoin-mining-with-new-more-powerful-supercomputers/

If Bitcoin Bros actually does have these super computers, this will drastically change cloud mining.

@Puppet, a ponzi test is in order for this one. There's not much info on their website yet.
Mabsark
Legendary
*
Offline Offline

Activity: 826


View Profile
January 17, 2015, 04:38:25 PM
 #551

Anyone seen this article:

http://techcrunch.com/2014/11/02/bitcoin-brothers-aim-to-disrupt-bitcoin-mining-with-new-more-powerful-supercomputers/

If Bitcoin Bros actually does have these super computers, this will drastically change cloud mining.

@Puppet, a ponzi test is in order for this one. There's not much info on their website yet.

From the article:

Quote
Financed in part by money the Welle brothers made as bitcoin miners in the technology’s early days, Bitcoin Brothers is working with TSMC to manufacture its proprietary 3D 16nm FinFET application-specific integrated circuits (ASICs), which the company designed itself.

Unfortunately for them, TSMC’s 16nm FinFET Faces Major Delay – Qualcomm Jumps Ship To Samsung.
Mabsark
Legendary
*
Offline Offline

Activity: 826


View Profile
January 18, 2015, 01:22:22 PM
 #552

I just posted this to the Cloud Mining Website thread:

dr1980m tried to purchase 30 Gh by sending 0.003 BTC to 1F91HzJaQZ1WGU9NG2ZhFaXctZD6vMsV3L from 13RJvPMzxdAyzXQNnLAAimrMQBGseRJRmC.

i make deposit BUT my GH's didn't come..
Please check it
order id: 2793
Here is detail :  http://blockchain.info/tx-index/2e0c0b2cda919cb7270f6ece7dccf4750724391d3bd51a4270130a8e2ad99240

which was later refunded from Cloud Mining Website's payout address (not the address it was sent to) as shown below:

Sorry its my default   Embarrassed

Can i take my deposit ??

0.003BTC has been sent back to your withdrawal address.

https://blockchain.info/tx/4f78abc29316d72d2714fa6b9887f0f42ce97a536257427987976a6bfe1645d6

Feel free to let us know about any further support from our end.

From 1F91HzJaQZ1WGU9NG2ZhFaXctZD6vMsV3L, the 0.003 BTC is sent to 1LfpedDQLqqEmSDZ9B7v2sPzz5NeeDhXec. The first payment to 1LfpedDQLqqEmSDZ9B7v2sPzz5NeeDhXec was on 2014-11-02 08:42:37 (when Cloud Mining Website started) and receives multiple payments of amounts that are integer multiples of 0.001 BTC (Cloud Mining Website's price per Gh/s). Also, out of 242 transactions, only 3 involve coins moving from 1LfpedDQLqqEmSDZ9B7v2sPzz5NeeDhXec.

1LfpedDQLqqEmSDZ9B7v2sPzz5NeeDhXec is quite clearly a receiving address for "customer" payments which seem to pass through a unique address first.

The first payment out of 1LfpedDQLqqEmSDZ9B7v2sPzz5NeeDhXec sends 15.349 BTC to 1Ng9UahczApASvLVPCEoJmvnMAHTvXpFPH on 2015-01-11 18:26:36. From 1Ng9UahczApASvLVPCEoJmvnMAHTvXpFPH, 10.0803785 BTC is sent to 1DoXReLhoc4Qw528ejwhYBWE4DyctGJsRv, which sends the coins to 14uiWYG2kwjbm3AorVaB6qK6o2eSETCqRV and with a few other addresses, finally on to 1FsVcdeHbpvUVT3gjeuVR2ZSDnpcsJMsLL.

This give the following chain of transactions:

1LfpedDQLqqEmSDZ9B7v2sPzz5NeeDhXec > 1Ng9UahczApASvLVPCEoJmvnMAHTvXpFPH > 1DoXReLhoc4Qw528ejwhYBWE4DyctGJsRv > 14uiWYG2kwjbm3AorVaB6qK6o2eSETCqRV > 1FsVcdeHbpvUVT3gjeuVR2ZSDnpcsJMsLL

The latest transaction with 1LfpedDQLqqEmSDZ9B7v2sPzz5NeeDhXec shows that it received 0.01091639 BTC and a 1KufA3z7mLntENepGKo9Ktu9S7qAL2oLF3 received 0.3613364 BTC. Given that 1LfpedDQLqqEmSDZ9B7v2sPzz5NeeDhXec is the customer payment receiving address where the coins where sent to, 1KufA3z7mLntENepGKo9Ktu9S7qAL2oLF3 is a change address which is also belong to Cloud Mining Website. The coins that 1KufA3z7mLntENepGKo9Ktu9S7qAL2oLF3 receives are sent on to 1LAAhMSLXhLhvgrmdHancjhUyVE2rbcTuJ, then 11QSYSjTjadhNbKXgBcg4B3k5WjnEMkqP, then 1P9GfsxGavQVgZndXk1EbPyKmYwdtDYufB, to finally reach 1MPxhNkSzeTNTHSZAibMaS8HS1esmUL1ne (Eobot cloud mining)

This give the following chain of transactions:

1LfpedDQLqqEmSDZ9B7v2sPzz5NeeDhXec > 1KufA3z7mLntENepGKo9Ktu9S7qAL2oLF3 > 1LAAhMSLXhLhvgrmdHancjhUyVE2rbcTuJ > 1P9GfsxGavQVgZndXk1EbPyKmYwdtDYufB > 1MPxhNkSzeTNTHSZAibMaS8HS1esmUL1ne (Eobot cloud mining)

So Cloud Mining Website, can you explain why you are sending payments from customers to Eobot cloud mining? Also, why are your customers payments being sent to 1FsVcdeHbpvUVT3gjeuVR2ZSDnpcsJMsLL (an address familiar to recent cloud mining ponzi victims)?

If anyone posts on Cloud Mining Website's forums, ask them to come and explain that.

Further evidence linking Cloud Mining Website to Eobot:

1F91HzJaQZ1WGU9NG2ZhFaXctZD6vMsV3L (pay in address) > 1GNmnxWkComFYF7k8EBeKtgQz2sprUGYvM  > 1MPxhNkSzeTNTHSZAibMaS8HS1esmUL1ne (Eobot cloud mining)
peligro
Hero Member
*****
Offline Offline

Activity: 598


1NoBanksLuJPXf8Sc831fPqjrRpkQPKkEA


View Profile
January 18, 2015, 03:38:54 PM
 #553

To summarise, cloud mining companies are either ponzis or legitimate. The legitimate ones never make any profit. The ponzi ones profit the early customers and makes the later ones suffer big losses. So the only reason for anybody to invest is if they feel they have identified a ponzi and are early.

The best thing to do is forget about cloud mining. I am surprised there is so much interest in these.

█    █     ██    ███     ███    ████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████     ███     ███    ██     █    █
..BREAKOUT COIN ..
  M U L T I C U R R E N C Y   S M A R T   C O N T R A C T S   +   S I D E C H A I N S
★     B I T C O I N T A L K   T H R E A D     |     W E B S I T E     |     T W I T T E R     |     G I T H U B     ★
.
█    █     ██    ███     ███    ████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████     ███     ███    ██     █    █
Mabsark
Legendary
*
Offline Offline

Activity: 826


View Profile
January 18, 2015, 04:31:33 PM
 #554

If anyone wants the sig:

Code:
[table][tr]
[td][size=20pt][b][color=red]WARNING[/color][/b][/size][/td]
[td]
[table][tr][td][center][size=10pt][b][url=https://bitcointalk.org/index.php?topic=850784.msg10216926#msg10216926]Click here for evidence that [color=#292929]cloudmin[/color][color=#FFC400]r[/color][color=#292929].io[/color] sends funds to Eobot and fakes customers.[/url][/b][/size][/center][/td][/tr]
[tr][td][center][size=10pt][b][url=https://bitcointalk.org/index.php?topic=843417.msg10195621#msg10195621]Click here for evidence that [color=red]Cloud[/color] [color=green]Mining[/color] [color=blue]Website[/color] sends customers payments to Eobot.[/url][/b][/size][/center][/td][/tr][/table]
[/td]
[td]
[table][tr][td][center][size=13pt][b][url=https://bitcointalk.org/index.php?topic=878387.msg9697654#msg9697654][color=blue]CLOUDMINING 101[/color][/url][/b][/size][/center][/td][/tr]
[tr][td][center][size=9pt][b][url=https://bitcointalk.org/index.php?topic=878387.msg9697654#msg9697654][color=blue]how to avoid scams[/color][/url][/b][/size][/center][/td][/tr][/table]
[/td][/tr][/table]


Cablez
Legendary
*
Offline Offline

Activity: 1400


I owe my soul to the Bitcoin code...


View Profile
January 18, 2015, 05:33:25 PM
 #555

This price crash is the best thing that could have happened in terms of flushing all the bad actors out into the open.  I can only hope that people will not be so flippant with their money in the future.

Tired of substandard power distribution in your ASIC setup???   Chris' Custom Cablez will get you sorted out right!  No job too hard so PM me for a quote
Check my products or ask a question here: https://bitcointalk.org/index.php?topic=74397.0
Totscha
Sr. Member
****
Offline Offline

Activity: 435



View Profile
January 19, 2015, 01:45:58 PM
 #556

New kid on the block:

http://hashwar.co/

I would give them a 6/7 score. They don't have an affiliate program, the rest is highly suspect.

Shameless affiliate link:
 Get your Wirex Bitcoin Visa card with 25% discount
Full disclosure: You get the Wirex card at 25% discount, I get 10% of your fees.
Surger
Full Member
***
Offline Offline

Activity: 196

★777Coin.com★ Fun BTC Casino!


View Profile
January 19, 2015, 06:05:30 PM
 #557

New kid on the block:

http://hashwar.co/

I would give them a 6/7 score. They don't have an affiliate program, the rest is highly suspect.

minum
um package is 250 dolar  Shocked
they are playing big
must be carefully...

tmfp
Legendary
*
Offline Offline

Activity: 994


MLM: Many Layers of Misery


View Profile
January 19, 2015, 07:59:11 PM
 #558

Not counting any chickens just yet, but these Iqonia guys sound promising.

https://bitcointalk.org/index.php?topic=927973.0

Will compile a score when a bit more info available.

Extraordinary Claims require Extraordinary Evidence
damiano
Legendary
*
Offline Offline

Activity: 1246


103 days, 21 hours and 10 minutes.


View Profile
January 19, 2015, 09:01:52 PM
 #559

Not counting any chickens just yet, but these Iqonia guys sound promising.

https://bitcointalk.org/index.php?topic=927973.0

Will compile a score when a bit more info available.



They do seem interesting.  If they can provide an address (they said they would once they start) and get BITMAIN or another vender to confirm their order I might buy a contract.
tmfp
Legendary
*
Offline Offline

Activity: 994


MLM: Many Layers of Misery


View Profile
January 19, 2015, 09:21:52 PM
 #560

Not counting any chickens just yet, but these Iqonia guys sound promising.

https://bitcointalk.org/index.php?topic=927973.0

Will compile a score when a bit more info available.



They do seem interesting.  If they can provide an address (they said they would once they start) and get BITMAIN or another vender to confirm their order I might buy a contract.


I've just done a bit more digging and Iqonia's parent company, white balance GMBH, appears to be owned by All3media Capital Ltd. a long term, multi million £ London registered media company.
This all subject to verification: having said that, I might be joining you.

Extraordinary Claims require Extraordinary Evidence
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 [28] 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 ... 95 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!