Post
Topic
Board Service Announcements
Re: CloudMining.website | Starting from 1 GHs @ 0.0008 BTC | Since November 2014
by
GermanGiant
on 22/10/2015, 16:02:39 UTC
i've been scammed!
Welcome to BitcoinTalk !!!

its been too late to get my moneys  back  Cry
That is the same thing newbies are saying lately !!!

I invested 120 ghs at first and got a good payout but then wen I reinvest 8.000000 btc for 10ths that's when they got me.
How ?

the large payout didn't get to the first week and suddenly my auto reinvest option was clicked on for me. it cost 0.002 btc per gigahash!
How wonder... If they re-invest, they'd be doing it for all. Why would they select you ? Moreover, they charged you exactly what is stated in their FAQ !!!

Quote
8.How do I re-invest ?

There are two checkbox in settings page corresponding to hold & re-invest. If you check them on, your pending amount will be re-invested daily. Re-investment cost is 0.002 BTC/Ghs.

I had thought that there was something mischievous going on with my account like some kind of collusion.
What brought me to that feeling was the fact that I had asked genesis-mining.com to refund me a part of my bit coin transaction because it was posted in error and the fees were enormous. Then Genesis-mining.com waited until 4 days later to respond to me. That same day I went on to cloud mining.website and found that auto reinvest was enabled without my knowledge and to find matters worse that day I got lower than normal btc production.
So, you mean, GM might be behind CMW ? Awesome Cheesy

Then the next day, after auto reinvest purchases .54 btc of reinvestments the day before payouts monday, I get .002btc as production.

This .002 is followed by .003 and then today i receive .001 btc; this amount is the production value of 270ghs alone. That means my account is producing the amount of 270ghs instead of the 10390ghs that I was contracted for.

I can certainly understand that there is network difficulty but this amount is way below the miner contracted value.
It is not only network difficulty, but also your mining luck and bitcoin price that matters to determine your payout. You can not expect 0.54 btc from 10390 Ghs week on week. Take the stat of six months or larger and let us know where your average stand.

Also I feel bullied by the company and feel that there was some collusion occurring between the two companies because of the timed events. This really scares me lately because as an investor I cannot afford to lose this principle.

output from dashboard::
Total Hash Power  10390 Ghs
Latest Payout  0.00151049 BTC
Latest Payout Date  2015-10-22 00:06:43 GMT
Latest Hash Power Purchase from Reinvestment 270 Ghs
Latest Reinvestment Date  2015-10-19 00:06:37 GMT
Total Referral Earning  0 BTC
Pending Payment  0.01687511 BTC
Paid  0.25202395 BTC


compared to what i should be getting:
An API is available at https://alloscomp.com/bitcoin/calculator/json.


Next difficulty retarget occurs at block 381023.0 (eta 7.1 days): 63420651541.8 / +4.2% [est.]

Difficulty Factor      
Hash Rate      
Exchange Rate      ($/BTC) [user]
BTC / Block   25.00000000   


This Difficulty
Coins   Dollars
per Day   0.08582244 BTC   $23.40
per Week   0.60075711 BTC   $163.78
per Month   2.61222064 BTC   $712.14
this diff (est)   0.60533431 BTC   $165.03

So, again you mean, GM might be behind CMW ?  Roll Eyes