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

[NeverBeenKissed]

Ok...
My apologies.

[Guruclef]

Miningsweden stopped paying more or less a week ago if I'm not mistaken.
Not saying it's proven to be fake yet (maybe they just have some problems) but I think it's important news for this thread.

They said they will have to write their payout scripts again and should fix it by next week.

[daniele_83]

If someone is inside Coindig PonziCloud he better know that he is going to say goodbye to his money!

Website is double a scam and not paying neither!

[soyab0007]

one which are trusted not having better ROI

[aleandromagno]

Miningsweden stopped paying more or less a week ago if I'm not mistaken.
Not saying it's proven to be fake yet (maybe they just have some problems) but I think it's important news for this thread.

They said they will have to write their payout scripts again and should fix it by next week.

Any fresh news about MiningSweden payments? Where we can find official informations about that or users complaints?

[IanFoxley]

Miningsweden stopped paying more or less a week ago if I'm not mistaken.
Not saying it's proven to be fake yet (maybe they just have some problems) but I think it's important news for this thread.

They said they will have to write their payout scripts again and should fix it by next week.

Any fresh news about MiningSweden payments? Where we can find official informations about that or users complaints?

At the moment the news page is being updated and that is all there is to go on for now.

https://www.miningsweden.se/news/

[Guruclef]

Any fresh news about MiningSweden payments? Where we can find official informations about that or users complaints?

Yeah; on that news link above, the latest news are that Mining Sweden will cease mining operations at the time of bitcoin halving. If I get it correctly:
-Mining operations will stop at the BTC halving
-Until then, existing users will receive some payouts, but not twice a day as before (I'm guessing weekly or monthly?)
-Mining Sweden may keep on existing but without the "mining" aspect.

[Hausi]

Any fresh news about MiningSweden payments? Where we can find official informations about that or users complaints?

Yeah; on that news link above, the latest news are that Mining Sweden will cease mining operations at the time of bitcoin halving. If I get it correctly:
-Mining operations will stop at the BTC halving
-Until then, existing users will receive some payouts, but not twice a day as before (I'm guessing weekly or monthly?)
-Mining Sweden may keep on existing but without the "mining" aspect.

this is bullshit from tommy.

Example: I bought
20 GH S7 mining power for 12 months.
All power, maintenance and pool fees for 12 months.

he sells them after 2 or 3 months ?
he shuts them down after 2 or 3 Months ?

Explain that to paypal tommy...

[bloodnest]

All of the Bitcoin investment opportunities involving cloud-mining seem to turn up as scams at the end of their life cycles. Most of all them are just HYIPs using the whole Bitcoin thing as their front. If it ain't dead yet, it will die soon but like any HYIP, the earlier you enter, the lesser the chance you have of losing your funds but hell some of these sites still give B.S excuses that'll slow you down from getting your deserved cash so it's still risky.

Would rather really suggest just for people to invest in btc lending sites like bitbond...

[Hausi]

All of the Bitcoin investment opportunities involving cloud-mining seem to turn up as scams at the end of their life cycles. Most of all them are just HYIPs using the whole Bitcoin thing as their front. If it ain't dead yet, it will die soon but like any HYIP, the earlier you enter, the lesser the chance you have of losing your funds but hell some of these sites still give B.S excuses that'll slow you down from getting your deserved cash so it's still risky.

Would rather really suggest just for people to invest in btc lending sites like bitbond...

i wouldnt suggest anybody to see lending as investment.....

[tmfp]

All of the Bitcoin investment opportunities involving cloud-mining seem to turn up as scams at the end of their life cycles. Most of all them are just HYIPs using the whole Bitcoin thing as their front. If it ain't dead yet, it will die soon but like any HYIP, the earlier you enter, the lesser the chance you have of losing your funds but hell some of these sites still give B.S excuses that'll slow you down from getting your deserved cash so it's still risky.

Would rather really suggest just for people to invest in btc lending sites like bitbond...

This is off topic in this thread.
It is specifically for looking at "cloud mining opportunities" and their Ponzi characteristics by applying certain criteria, not for waffling general "advice" that looks like account farming spam.

[Indianacoin]

--- UPDATED LIST (26/05/2016) ---

{Previous update: https://bitcointalk.org/index.php?topic=878387.msg14786934#msg14786934}

Please read OP thoroughly before studying the list below.

Note: Use the "Find" function (Ctrl+F) on your browser and type the name of a cloudmining site you want to find from the list and research thoroughly before buying a contract from there.


Ponzi's that have already collapsed as predicted:

Code:

ponzicloud.org        1+2+3+4+6+7+8      => 7/7 = Ponzi (Company that calls itself a ponzi. There's nothing funnier than that.)
hourlycoins.biz       1+2+3+4+6+7+8      => 7/7 = Ponzi
bitcoincloudservices  1+2+4+5+6*+7       => 6/7 = Ponzi (* founded by known scammer  https://bitcointalk.org/index.php?topic=860400.msg9638868#msg9638868)
bitcoinminersuk.com   1+2+3+4+5+6+7      => 7/7 = Ponzi
Lbtcl.com             1+2+3+4+5+6+7      => 7/7 = Ponzi
bitknock.com          1+2+3+4+5+6+7      => 7/7 = Ponzi
PBmining.com          1+2+3+4+5+6+7      => 7/7 = Ponzi
Lunaminer.com         1+2+3+4+5+6+7      => 7/7 = Ponzi
coinsoncloud.eu       1+2+3+4+5+6+7      => 7/7 = Ponzi
Cryptomine.io         1+2+3+4+5+6+7      => 7/7 = Ponzi
hashie.co             1+2+3+4+5+6+7      => 7/7 = Ponzi
bitcoinlabmining.com  1+2+3+4+5+6+7      => 7/7 = Ponzi 
ltcgear               1+2+3+4+5+6+7      => 7/7 = Ponzi
hashprofit.com        1+2+3+4+5+6+7      => 7/7 = Ponzi
minethatcloud.com     1+2+3+4+5+6+7      => 7/7 = Ponzi
CoIntellect.com       1+2+3+4+5+6+7      => 7/7 = Ponzi
terabox.me            1+2+3*+4+5+6+7*    => 7*/7 = Ponzi (pictures are not at all convincing, exit strategy involves  60+ days stall tactic)
chabatmining.com      1+2+3+4+5+6+7      => 7/7 = Ponzi
Ecrypto.co.in         1+2+3+4+5+6+7      => 7/7 = Ponzi (+ confirmed scam, they are no partners of cex.io)
GenerateBTC.com       1+2+3+4+5+6+7      => 7/7 = Ponzi
cloudminr.io          1+2+3+4+5+6+7      => 7/7 = Ponzi
grmining.com          1+2+3+4+5+6+7      => 7/7 = Ponzi
hashwar.co            1+2+3+4+5+6+7+8    => 7/7 = Ponzi
bitrush.com           1+2+3+4+5+6+7      => 7/7 = Ponzi
scrypt.cc             1+2+3+4+5+6+7+8    => 7/7 = Ponzi
Kryptologika          1+2+3+4+5+6+7      => 7/7 = Ponzi
Cryptsy MN            1+2+3+4+5+6+7      => 7/7 = Ponzi ( + no details on fee structure) (withdrawl problems noticed!)
Coolhash.com          1+2+3+4+5+6+7      => 7/7 = Ponzi (+ possible malware/wallet stealing software)
Bitminr.com           1+2+3+4+5+6+7      => 7/7 = Ponzi (+ possible malware/wallet stealing software)
MineProfit.com        1+2+3+4+5+6+7      => 7/7 = Ponzi (+ possible malware/wallet stealing software)
SpecialMiner.com      1+2+3+4+5+6+7      => 7/7 = Ponzi  (+ possible malware/wallet stealing software)
Scryptsy.com          1+2+3+4+5+6+7      => 7/7 = Ponzi
cloudhours.net        1+2+3+4+5+6+7      => 7/7 = Ponzi
bitcoinmaker.ch       1+2+3+4+6+7+8      => 7/7 = Ponzi

Likely Ponzi scams that have yet to collapse:

Code:

bitzfree.com          1+2+3+4+5+6+7+8    => 7/7 = Ponzi (Luring visitors with free contracts at signup. That's the tip of an iceberg)
sea-mining.com        1+2+3+4+5+6+7+8    => 7/7 = Ponzi (Luring visitors with free contracts at signup. That's the tip of an iceberg)
bitsrapid.com         1+2+3+4+5+6+7+8    => 7/7 = Ponzi
coindig.eu            1+2+3+4+5+6+7+8    => 7/7 = Ponzi
bitmach.net           1+2+3+4+5+6+7+8    => 7/7 = Ponzi
oxbtc.com             1+2+3+4+5+6+7+8    => 7/7 = Ponzi
bitcoremining.com     1+2+3+4+5+6+7      => 7/7 = Ponzi
topmine.io            1+2+3+4+5+6+7      => 7/7 = Ponzi
bitclubnetwork.com    1+2+3+4+5+6+7+8    => 7/7 = Ponzi (+ a rapist giving testimonial to this service > https://bitcointalk.org/index.php?topic=1152263.msg12133964#msg12133964)
coince.com            1+2+3+4+5+6+7+8    => 7/7 = Ponzi
fortacloud.co         1+2+3+4+5+6+7      => 7/7 = Ponzi
hashocean.com         1+2+3+4+5+6+7+8    => 7/7 = Ponzi
HourlyMine.com        1+2+3+4+5+6+7+8    => 7/7 = Ponzi
cldmine.com           1+2+3+4+5+6+7+8    => 7/7 = Ponzi
bitcoinmining.me      1+2+3+4+5+6+7      => 7/7 = Ponzi
Skycoinlab.com        1+2+3+4+5+6+7      => 7/7 = Ponzi (+ organized by serial ponzi scammer: ?topic=583177.msg10298730)
btcslice.com          1+2+3+4+5+6+7      => 7/7 = Ponzi (+ pays out in reversible paypal ?)
cloudmining.website   2+3+4+5+6+7        => 6/7 = Ponzi
eobot.com             1+2+3+5+6+7        => 6/7 = Ponzi (+ possible malware/wallet stealing software)
nexusmining.com       1+2*+3+4+5+7       => 6/7 = Ponzi (Guy from Spondoolies says im wrong, but I can't score what I haven't seen and he seems to confirm they have no hardware)
minerslab.com         1+2+3+4+6+7        => 6/7 = Ponzi (+ selling hardware that doesnt exist + using purchased "legendary" account)
starthash.com         1+2+4+5+7          => 5/7 = Ponzi 
cloudmining.sg        1+2+4+6+7          => 5/7 = Ponzi (Founder's LinkedIn account deleted, Uses Weebly's free checkout platform)
hashcoins.com 
and hashflare.io     ~1+2+3+4+7          => 5/7 = (very) suspicious (user selectable pool requires fee, dc pictures show no miners, linkedin profile and other testimonials doctored, hardware sales very dubious,..) (*now owned by hashflare.io)
Zeushash              1+2+3+4+5          => 5/7 = (very) suspicious
Bitminer.eu           1+2+5+6            => 4/7 = Suspicious (+ Pictures of their miners might be Photoshopped)
Miningsweden.se       1+2*+5+7           => 4/7 = Highly Suspicious (*Paused paying their active contracts and claimed of hosting a miner which is not even launched by the concerned vendor)

Rest:

Code:

genesis-mining.com    1+2+5+7            => 4/7 = Probably legit.
pow88.com             1+2+5              => 3/7 = Probably legit (preliminary assessment) (Suspicious referral bonus : 1% hourly !!!)
Bit-x.com             1+4                => 2/7 = Probably legit (preliminary assessment, partnership confirmed by Bitfury) (Their service is terminated recently)
haobtc.com            1+2                => 2/7 = Probably Legit (investment based cloudmining company => https://bitcointalk.org/index.php?topic=1023187.0)
bw.com                1                  => 1/7 = Legit (1 - https://bitcointalk.org/index.php?topic=878387.msg13605117#msg13605117)
Hashnest              1                  => 1/7 = Legit (1 - https://bitcointalk.org/index.php?topic=878387.msg13605117#msg13605117)
miningrigrentals.com                     => 0/7 = Legit (Trustless, P2P mining rental service, not an active cloudmining site.)
nicehash.com                             => 0/7 = Legit (Trustless, P2P mining rental service, not an active cloudmining site.)

Obsolete or suspended:

Code:

AMhash                                   => 0/7 = Legit
KNCcloud              7                  => 1/7 = Legit
Cex.io                4                  => 1/7 = Legit
Cryptx PETAmine                          => 0/7 = Legit
Megamine.com          1+4                => 2/7 = Probably legit
GAWminers             1+4+5+~7           => 4/7*= Possibly/partially legit based on criteria set forth. Based on wider context: more suspicious than a nun squatting in a cucumber field

Tips are much appreciated for maintaining and updating the list periodically!
Tip jar: 1SoumyadbsfCGsSekYdgAkWpGZM3WSaxt

Thanks

[Indianacoin]

MiningSweeden is marked as highly suspicious until everything gets sorted out fairly.
Added more ponzis into the list.

P.S The list of ponzis are growing at a steady rate after every 2-3 weeks!

Thank you indianacoin!

No problem

[daniele_83]

MiningSweeden is marked as highly suspicious until everything gets sorted out fairly.
Added more ponzis into the list.

P.S The list of ponzis are growing at a steady rate after every 2-3 weeks!

Thank you indianacoin!

[aleandromagno]

MiningSweeden is marked as highly suspicious until everything gets sorted out fairly.
Added more ponzis into the list.

P.S The list of ponzis are growing at a steady rate after every 2-3 weeks!

Thanks for update!

Yep, In "digital goods" section, or even in "services" almost everyday i see offers of selling or buying cloud mining - ponzi scripts.. 

[cryptodevil]

Yep, In "digital goods" section, or even in "services" almost everyday i see offers of selling or buying cloud mining - ponzi scripts.. 

When you do, let me know and I'll tag the sellers and those who show interest in buying them with negative trust rating.

[aleandromagno]

Yep, In "digital goods" section, or even in "services" almost everyday i see offers of selling or buying cloud mining - ponzi scripts.. 

When you do, let me know and I'll tag the sellers and those who show interest in buying them with negative trust rating.

Here is one i see last time:
https://bitcointalk.org/index.php?topic=1485824.msg14976472#msg14976472

[secone]

-skip-

can you make the list of "real cloud mining" and now still running his service ?
because im not see any list of it.

i think it's can make some bitcoiner interesting to use it.

[Indianacoin]

-skip-

can you make the list of "real cloud mining" and now still running his service ?
because im not see any list of it.

i think it's can make some bitcoiner interesting to use it.

If you observe closely, the third section of the list (Rest) says it all.

In general you will find "real" cloudmining firms much lesser in number than ponzis.

[JessicaG]

Yep, In "digital goods" section, or even in "services" almost everyday i see offers of selling or buying cloud mining - ponzi scripts.. 

When you do, let me know and I'll tag the sellers and those who show interest in buying them with negative trust rating.

Here is one: https://bitcointalk.org/index.php?topic=1318560.0

They are selling a cloudminr.io clone on their site.
http://downloadabit.com/?view=search&tag=cloud%20mining