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

[alani123]

I've purchased the smallest pack from cryptsy's new cloudmining service. What's unique about it is that it lets you allocate your hashing power from contracts up to 5 pools per contract worker and you can even point hashrate at external pools.

To be honest, the hash pointed at outside pools is extremely unstable but I'm impressed just by the fact that this system works. For now, I'm only mining in mintsy's pool and waiting from a response from their support.

The hash rate displayed at the website isn't all that stable either but it's not unrealistically low either, if pointing has at external pools worked better I'd be perfectly satisfied.

What about the price? Last time I checked, ROI was almost impossible. Has that changed?

17 USD with a coupon (MINEMINTSY) I used for 100 Gh/s. With the recent offer the hash rate (supposedly) receives a 150% bonus but it's pretty unstable at the moment. I think that mintsy has been around for quite some time, yet the website is still incomplete. The FAQ page just says 'COMING SOON' right now. I'm confident that things will improve a lot since this is just getting started though.

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[Puppet]

yet you mention Cloudminr.io?

Its not just a mention, its a referral link. To selectively quote the OP: "Dont trust *anyone* with a referral link".

[crazyivan]

I've purchased the smallest pack from cryptsy's new cloudmining service. What's unique about it is that it lets you allocate your hashing power from contracts up to 5 pools per contract worker and you can even point hashrate at external pools.

To be honest, the hash pointed at outside pools is extremely unstable but I'm impressed just by the fact that this system works. For now, I'm only mining in mintsy's pool and waiting from a response from their support.

The hash rate displayed at the website isn't all that stable either but it's not unrealistically low either, if pointing has at external pools worked better I'd be perfectly satisfied.

What about the price? Last time I checked, ROI was almost impossible. Has that changed?

17 USD with a coupon (MINEMINTSY) I used for 100 Gh/s. With the recent offer the hash rate (supposedly) receives a 150% bonus but it's pretty unstable at the moment. I think that mintsy has been around for quite some time, yet the website is still incomplete. The FAQ page just says 'COMING SOON' right now. I'm confident that things will improve a lot since this is just getting started though.

Wait, $1.7 per 10 GHS? That s pretty competitive. What about fees and the period of the contract?

[icanscript]

yet you mention Cloudminr.io?

Its not just a mention, its a referral link. To selectively quote the OP: "Dont trust *anyone* with a referral link".

Well found, Cloudminr.io may be paying a pretty penny,

[alani123]

Wait, $1.7 per GHS? That s pretty competitive. What about fees and the period of the contract?

Well it's 0.17$ a Gh/s but it runs higher because of the bonus, just not stable. And it's for two months, higher contracts run for longer and have greater hashrate. I don't know if the 10% discount coupon is applicable at all cases though. Hash pointed at external pools is even more unstable.

Here's the what my graph from Slush's pool looks like now, I've running 10% of my hash there all night.

[crazyivan]

Wait, $1.7 per GHS? That s pretty competitive. What about fees and the period of the contract?

Well it's 0.17$ a Gh/s but it runs higher because of the bonus, just not stable. And it's for two months, higher contracts run for longer and have greater hashrate. I don't know if the 10% discount coupon is applicable at all cases though. Hash pointed at external pools is even more unstable.

Here's the what my graph from Slush's pool looks like now, I've running 10% of my hash there all night.

If it s only two month, no way anyone can ROI there.

[alani123]

If it s only two month, no way anyone can ROI there.

What you see in the image is just the hashrate I allocated to Slush pool. Total is supposed to be 250.

[idonothave]

check beminer.com

[crazyivan]

WTB LTCGear accounts! Please PM to discuss! Thanks!

That s the spirit. If he comes back, you ll be a millionaire. If he doesn't.....

He does not come back. None came... Sorry... That's the way it is. He just wants to delay as much as possible.

What I cannot understand is if he stole millions, why doesn't he close down the shop and run like every other scammer before him? Also, why is he still in the same apartment and in the same city?

[SpanishSoldier]

No problem. Full list at https://bitcoinnewsmagazine.com/ultimate-guide-to-bitcoin-cloud-mining/

It is an incomplete list. It does not contain cloudmining.website, which is paying consistently for over six months now and publishing blockchain payment proof - www.cloudmining.website/payments.php

If you read the very first page of this thread cloudmining.website is listed as a probable ponzi. I maintain a list of proven legit services, and also steer readers away from the ponzis.

yet you mention Cloudminr.io?

Mentioning is no endorsement. From the article "We recommend you invest with caution in the riskier cloud mining services like Bitcoin Cloud Services and cloudminr.io if at all. Those providers neither provide photo evidence of a real mining operation or a public mining address. Any cloud mining investment carries some risk so do your homework before buying."

Also "If transparency and legitimacy are key you can purchase bitcoin cloud mining from Hashnest, GetHashing, ZeusHash, BW.com or Bit-X."

It's your money, invest as you please.

What a hypocrite !!! You are mentioning BitcoinCloudServices.com, CloudMinr.io, even a cnfirmed SCAM like Bit-X and you are omitting CloudMining.website & Scrypt.cc, who are paying for more than six months now, on the logic of being Ponzi ? Moreover, you are claiming that your list is the Full List ?

[Muhammed Zakir]

No problem. Full list at https://bitcoinnewsmagazine.com/ultimate-guide-to-bitcoin-cloud-mining/

It is an incomplete list. It does not contain cloudmining.website, which is paying consistently for over six months now and publishing blockchain payment proof - www.cloudmining.website/payments.php

If you read the very first page of this thread cloudmining.website is listed as a probable ponzi. I maintain a list of proven legit services, and also steer readers away from the ponzis.

yet you mention Cloudminr.io?

Mentioning is no endorsement. From the article "We recommend you invest with caution in the riskier cloud mining services like Bitcoin Cloud Services and cloudminr.io if at all. Those providers neither provide photo evidence of a real mining operation or a public mining address. Any cloud mining investment carries some risk so do your homework before buying."

Also "If transparency and legitimacy are key you can purchase bitcoin cloud mining from Hashnest, GetHashing, ZeusHash, BW.com or Bit-X."

It's your money, invest as you please.

What a hypocrite !!! You are mentioning BitcoinCloudServices.com, CloudMinr.io, even a cnfirmed SCAM like Bit-X and you are omitting CloudMining.website & Scrypt.cc, who are paying for more than six months now, on the logic of being Ponzi ? Moreover, you are claiming that your list is the Full List ?

BIT-X isn't a confirmed scam. How long a site pay doesn't make a site legit. After all, PBMining used to pay for many months and it went down. Cloudmining.website and Scrypt.cc are no different from PBMining except Scrypt.cc is claiming they are mining Scrypt coin.

[crazyivan]

No problem. Full list at https://bitcoinnewsmagazine.com/ultimate-guide-to-bitcoin-cloud-mining/

It is an incomplete list. It does not contain cloudmining.website, which is paying consistently for over six months now and publishing blockchain payment proof - www.cloudmining.website/payments.php

If you read the very first page of this thread cloudmining.website is listed as a probable ponzi. I maintain a list of proven legit services, and also steer readers away from the ponzis.

yet you mention Cloudminr.io?

Mentioning is no endorsement. From the article "We recommend you invest with caution in the riskier cloud mining services like Bitcoin Cloud Services and cloudminr.io if at all. Those providers neither provide photo evidence of a real mining operation or a public mining address. Any cloud mining investment carries some risk so do your homework before buying."

Also "If transparency and legitimacy are key you can purchase bitcoin cloud mining from Hashnest, GetHashing, ZeusHash, BW.com or Bit-X."

It's your money, invest as you please.

What a hypocrite !!! You are mentioning BitcoinCloudServices.com, CloudMinr.io, even a cnfirmed SCAM like Bit-X and you are omitting CloudMining.website & Scrypt.cc, who are paying for more than six months now, on the logic of being Ponzi ? Moreover, you are claiming that your list is the Full List ?

Bit-x s a confirmed scam? Confirmed where?

[jimmothy]

WTB LTCGear Accounts! Let's talk via PM! Thanks!

Is this some sort of charitable act because you feel bad for all the idiots who fell for this blatant ponzi and you have a shitload of money you don't want?

Or is this some extreme denialism where you actually think this ponzi will spring back to life and pull btc + miners out of thin air to keep the scheme going?

[flyingplows]

No problem. Full list at https://bitcoinnewsmagazine.com/ultimate-guide-to-bitcoin-cloud-mining/

It is an incomplete list. It does not contain cloudmining.website, which is paying consistently for over six months now and publishing blockchain payment proof - www.cloudmining.website/payments.php

If you read the very first page of this thread cloudmining.website is listed as a probable ponzi. I maintain a list of proven legit services, and also steer readers away from the ponzis.

yet you mention Cloudminr.io?

Mentioning is no endorsement. From the article "We recommend you invest with caution in the riskier cloud mining services like Bitcoin Cloud Services and cloudminr.io if at all. Those providers neither provide photo evidence of a real mining operation or a public mining address. Any cloud mining investment carries some risk so do your homework before buying."

Also "If transparency and legitimacy are key you can purchase bitcoin cloud mining from Hashnest, GetHashing, ZeusHash, BW.com or Bit-X."

It's your money, invest as you please.

What a hypocrite !!! You are mentioning BitcoinCloudServices.com, CloudMinr.io, even a cnfirmed SCAM like Bit-X and you are omitting CloudMining.website & Scrypt.cc, who are paying for more than six months now, on the logic of being Ponzi ? Moreover, you are claiming that your list is the Full List ?

It's a bit funny that only a few days after this Scrypt.cc collapses. Anyway, I thought CloudMining.website is out of the game long time ago, they are not paying or paying dust to its customers from what I've read here, like PBmining in its final phase.

[crazyivan]

No problem. Full list at https://bitcoinnewsmagazine.com/ultimate-guide-to-bitcoin-cloud-mining/

It is an incomplete list. It does not contain cloudmining.website, which is paying consistently for over six months now and publishing blockchain payment proof - www.cloudmining.website/payments.php

If you read the very first page of this thread cloudmining.website is listed as a probable ponzi. I maintain a list of proven legit services, and also steer readers away from the ponzis.

yet you mention Cloudminr.io?

Mentioning is no endorsement. From the article "We recommend you invest with caution in the riskier cloud mining services like Bitcoin Cloud Services and cloudminr.io if at all. Those providers neither provide photo evidence of a real mining operation or a public mining address. Any cloud mining investment carries some risk so do your homework before buying."

Also "If transparency and legitimacy are key you can purchase bitcoin cloud mining from Hashnest, GetHashing, ZeusHash, BW.com or Bit-X."

It's your money, invest as you please.

What a hypocrite !!! You are mentioning BitcoinCloudServices.com, CloudMinr.io, even a cnfirmed SCAM like Bit-X and you are omitting CloudMining.website & Scrypt.cc, who are paying for more than six months now, on the logic of being Ponzi ? Moreover, you are claiming that your list is the Full List ?

It's a bit funny that only a few days after this Scrypt.cc collapses. Anyway, I thought CloudMining.website is out of the game long time ago, they are not paying or paying dust to its customers from what I've read here, like PBmining in its final phase.

Scrypt.cc s gonna be back. Fun with these guys does not stop that easily, after all it s a form of gamble.

[grendel25]

I've made ROI at bitcoin cloud mining services.  I think it was something like 200 days but mine was a very small investment... I think .15 BTC.  I was lucky and signed up when they had 5-year contracts.  I think they have a promotion running now where it's a 2-year contract.  Not sure if it's worth the risk but maybe okay for a small venture.  I may throw another .15 that way... or not :-)

[Syke]

I've made ROI at bitcoin cloud mining services.  I think it was something like 200 days but mine was a very small investment... I think .15 BTC.  I was lucky and signed up when they had 5-year contracts.  I think they have a promotion running now where it's a 2-year contract.  Not sure if it's worth the risk but maybe okay for a small venture.  I may throw another .15 that way... or not :-)

If you have .15 to toss away, PM me. I promise to return some of your investment back to you at some later date.

[crazyivan]

I've made ROI at bitcoin cloud mining services.  I think it was something like 200 days but mine was a very small investment... I think .15 BTC.  I was lucky and signed up when they had 5-year contracts.  I think they have a promotion running now where it's a 2-year contract.  Not sure if it's worth the risk but maybe okay for a small venture.  I may throw another .15 that way... or not :-)

If you have .15 to toss away, PM me. I promise to return some of your investment back to you at some later date.

Investing into magic coins?

[cryptojumper]

Puppet could you write a final assessment on scrypt.cc for more visibility, because weird things happening to them during last days and more people can get scammed. Thanks.

scrypt.cc             1+2+3+4+5+6        => 6/7 = Ponzi (preliminary assessment)

[Gultahin]

Puppet could you write a final assessment on scrypt.cc for more visibility, because weird things happening to them during last days and more people can get scammed. Thanks.

scrypt.cc             1+2+3+4+5+6        => 6/7 = Ponzi (preliminary assessment)

weird things happend for sure, but they came back (they could simple disapear), and the rewards drop it's due to new eletrical fees which they are working around a some improvement is to be made on the next few days, not saying it's not a ponzi, but not a reason to consider 100% sure.