crazyivan
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May 18, 2015, 01:03:27 PM |
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Whatever..., better to buy at hashnest.com anyway and sleep calmly, if BTC is to crash everybody goes to hell no matter what, but at least you know you're mining at manufacturer. All those others just resell the same S5 with a portion for themselves  True. Unless the manufacturer decides to run. Anyone remembers Amhash? |
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Puppet (OP)
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May 18, 2015, 02:58:42 PM |
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still better than a ponzi operator who has no other option than to run. Or resort to dust payouts so you people like yourself can still pretend its "paying".
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cryptojumper
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May 19, 2015, 05:42:35 AM |
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Whatever..., better to buy at hashnest.com anyway and sleep calmly, if BTC is to crash everybody goes to hell no matter what, but at least you know you're mining at manufacturer. All those others just resell the same S5 with a portion for themselves True. Unless the manufacturer decides to run. Anyone remembers Amhash? You're not trying to imply that Bitmain could run?  I mean it can be arrested by government since they are in China or some other legal or force of nature stuff may happen, but I can't imagine a scenario where they would run like those companies involved in Amhash scam. It is the main manufacturer of equipment today, so hardly it would benefit them in the long run. Unless someday they will get outclassed by competition like in AM case and decides to make the most before closing up. |
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Puppet (OP)
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May 19, 2015, 06:30:11 AM |
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They can always run off with your money, any company that holds your funds, can. They may or may not get away with it, history suggests they probably can, but thats besides the point. The real point here is that while legitimate companies might scam you, the ponzi's will.
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Totscha
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May 19, 2015, 10:04:19 AM |
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hashwar.co collapsed 2 months ago. |
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crazyivan
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May 19, 2015, 11:29:56 AM |
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Whatever..., better to buy at hashnest.com anyway and sleep calmly, if BTC is to crash everybody goes to hell no matter what, but at least you know you're mining at manufacturer. All those others just resell the same S5 with a portion for themselves True. Unless the manufacturer decides to run. Anyone remembers Amhash? You're not trying to imply that Bitmain could run? I mean it can be arrested by government since they are in China or some other legal or force of nature stuff may happen, but I can't imagine a scenario where they would run like those companies involved in Amhash scam. It is the main manufacturer of equipment today, so hardly it would benefit them in the long run. Unless someday they will get outclassed by competition like in AM case and decides to make the most before closing up. No, I m not trying to imply anything. I ve had nothing but great service from Bitmain so far. However, this is crypto economy, anything can happen even to the best. |
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ToRs
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May 21, 2015, 03:08:36 PM |
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i've been out of the circle after buying in ASIC miner a year ago but diff increased so high that electric bill is already higher than what is being mined...
stumbled upon cloudminr.io just a few days ago.. got my blood boiling for BTC again...
paid in .11 BTC yesterday to get 100ghs....
then read this... lols..
damn.. should have stayed away from BTC thingies... =D
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crazyivan
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May 21, 2015, 04:46:13 PM |
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i've been out of the circle after buying in ASIC miner a year ago but diff increased so high that electric bill is already higher than what is being mined...
stumbled upon cloudminr.io just a few days ago.. got my blood boiling for BTC again...
paid in .11 BTC yesterday to get 100ghs....
then read this... lols..
damn.. should have stayed away from BTC thingies... =D
Hah, not to worry. You have only about 12 weeks to wait for your money back. Who knows, maybe you make it. |
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cparsley
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May 21, 2015, 05:01:15 PM |
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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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ml21
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May 27, 2015, 05:24:57 AM |
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Is gigahash.org a ponzi?
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flyingplows
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May 27, 2015, 06:30:00 PM |
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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... scam special tactics |
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lumeire
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May 28, 2015, 12:42:15 PM |
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Anyone familiar with this? https://www.gethashing.com/Saw this off a listing in BitLendingClub. |
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cryptojumper
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May 28, 2015, 01:15:18 PM |
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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 |
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crazyivan
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May 28, 2015, 04:19:17 PM |
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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 Yup, there are some cool people there. I think they are legit, nobody complained so far. |
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BitcoinNewsMagazine
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May 28, 2015, 05:11:41 PM |
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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 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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ToRs
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May 29, 2015, 08:34:58 AM |
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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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Totscha
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May 29, 2015, 09:01:50 AM |
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quote from the OP: 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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CodeR70
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May 29, 2015, 03:00:26 PM |
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AFAIK it's legit. but ROI is over a year. |
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cryptojumper
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May 29, 2015, 03:13:15 PM |
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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  |
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