It's a scam. I test things out like this, and "upgraded" to a paid account. I had 4 payouts, and since then I've not received a single bit. All requests are pending. With the paid version v1.2 it says payouts can take 10 days... welp, 20 days later and still nothing.

I made a video about it here: http://www.watchmybit.com/Channel/dailybitcoinnews

I agree with what's been said here all these "cloud mining" sites are 100% scams.

Here's something else to check out:

Go to bitminister.com.

and then go to: bitfin.biz.

See anything? Welp, a few months ago Bitminister were working fine then they all the sudden quit payouts. I ended up losing a lot of money, and now (obviously) they built Bitfin and are doing the same exact thing to people.

I made a video about Bitminister a short while ago here: http://www.watchmybit.com/Video/Show/64d6aec5-5358-4cb8-977f-a8426b9453d2

I hope someone sees this and it prevents them from losing money like I did.