▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁

[Mabsark]

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

I had the following post deleted:

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

[suchmoon]

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.

[ATCkit]

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 

Wasn't your imagination . 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.

[acquafredda]

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

[donmoney24]

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:

 Cooбщeниe oт snvautozar Пocмoтpeть cooбщeниe
Domain Name: SMARTHASH .BIZ
Registrant Address1: P.O. Box 0823-03411
Registrant City: Panama
Registrant Phone Number: +507.8365503
Name Server: NS11.KODDOS .COM
Name Server: NS12.KODDOS .COM
Created by Registrar: ENOM, INC.
Last Updated by Registrar: ENOM, INC.
Domain Registration Date: Sat Nov 29 20:12:20 GMT 2014
Domain Expiration Date: Tue Nov 28 23:59:59 GMT 2017

Domain Name:PROFITCOIN .ORG
Creation Date: 2014-11-05T11:11:26Z
Updated Date: 2015-01-05T03:46:23Z
Registry Expiry Date: 2015-11-05T11:11:26Z
Sponsoring Registrar:eNom, Inc. (R39-LROR)
Registrant Street: P.O. Box 0823-03411
Registrant City:Panama
Registrant Phone:+507.8365503
Registrant Fax: +51.17057182
Registrant Email:legal@whoisguard.com
Name ServerNS2.YANDEX. NET
Name ServerNS1.YANDEX. NET

Domain Name: HASHPROFIT .COM
Updated Date: 2014-08-03T22:36:19.00Z
Creation Date: 2014-04-02T07:21:00.00Z
Registrar Registration Expiration Date: 2021-04-02T07:21:00.00Z
Registrar Abuse Contact Phone: +1.4252982646
Registrant Street: P.O. BOX 0823-03411
Registrant City: PANAMA
Registrant State/Province: PANAMA
Registrant Phone: +507.8365503
Registrant Fax: +51.17057182
Name Server: DNS1.YANDEX. NET
Name Server: DNS2.YANDEX. NET


http://vimeo.com/112618054

Website: www.crypto-hash.com
Phone: +357 22589052, Fax: +357 22589053
Cyprus Head Office:
Office 3802, 6th floor,Maximos Plaza Tower 2, Maximos
Michaelidi Street, Limassol 3106, Cyprus.
Dubai - (Middle East) Representative Office:
Mezzanine Floor, Sharaf Travel Building 153, Khalid Bin
Al-Waleed Road Bur Dubai United Arab Emirates
Phone: +971 43977885, Fax: +971 43977782

[Mabsark]

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. 

[MrTeal]

I like how they call it an affiliate scheme.

[ligeros]

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

[clownius]

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.  

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  Its unprofitable in days

[TheIZS]

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.

[Stargazer]

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.

[ATCkit]

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/

[BombaUcigasa]

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.

[NeonTranceBadger]

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. 

[BombaUcigasa]

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]

Hellow,

add new market S4 of Hashnest on this site please http://nextdifficulty.com

[clownius]

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

[BombaUcigasa]

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...

[Surger]

Hellow,

add new market S4 of Hashnest on this site please http://nextdifficulty.com

so that site shows correct;
Umisoo in hashnest will start mining again in next difficulty level..

[Syke]

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  Its unprofitable in days

minethatcloud.com is selling "cloud contracts" for less than the price of actual mining hardware. Legit?

1) No mining address
2) No endorsement
3) No pictures
4) Unlimited sales
5) 7% affiliate plus hashrate giveaways
6) Anonymous operators
7) No way to sell the contract back

Code:

minethatcloud.com  1+2+3+4+5+6+7      => 7/7 = Ponzi