Re: ▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁
It was confirmed the day Bit-X failed to provide a mining address and hash power sold data in real time.
True. BIT-X didn't provide mining address.
That day it became clear that their contract with Bifury is just a vouch bought by bribing, like Hashie got a vouch from AsicMiner.
Possible but I don't think BitFury will ruin their reputation over some money.
Bit-X even failed to provide any payment proof.
There is no need to provide payment proof. Everything is available in Bitcoin blockchain.
Moreover their contracts are unprofitable anyway. 
Not unprofitable but will take more time to reach ROI than it take when investing in a ponzi.