Post
Topic
Board Scam Accusations
Re: Chinese Mining mogul FriedCat has stolen more than a million in AM hash SCAM
by
inBitweTrust
on 02/03/2015, 18:52:11 UTC
Between the cloud mining ponzi's , fractional reserve mining scams, and this ... do we really need any more reason to avoid buying mining contracts?

Seriously people , bitcoin has a huge credibility problem if we allow these crimes to persist and the only solution is to mine yourself and physically control your own hardware.

I understand that prices don't make this feasible to do for a profit at the moment but with enough people boycotting these scams we can drive down ASIC prices so hobbyists can afford to break even or make a small profit from a group buy. We also need to shun people who profit from these scams like those scumbags who get paid affiliate revenue for likely ponzi scam operations.