Post
Topic
Board India
Re: Amit Bhardwaj/Kumar and a HashOcean clone called Gainbitcoin.
by
cryptoheadd
on 26/12/2016, 17:20:01 UTC
Guys as I said, I tried gainbitcoin with .5 BTC as an investment. My findings are as follows:
1. I got 750 GHS mining power.
2. I installed their wallet coinbank and everything took me 10-15 minutes from downloading to configuration. OTP and confirmation were instant.
3. Applied for refund and they processed it. They have a 7 days timeline, so yet to receive it.

I am trying to believe you guys but everything is working fine as apposed to the reports by some others. Totally confused, if I should go ahead or not.

Well, the 750 GH/s would mine around 0.0006BTC a day, so 0.018BTC a month. (According to Coinwarz Profitability Calculator)

You get 10% of whatever amount of BTC you invest, in this case it becomes 0.01/month for 18 months. I know its very small but the amount you invested is also very small.

So, if you invested 0.5BTC you'll be getting 0.05BTC/month. (While your 750 GH/s only mines 0.018BTC)
It sounds too good to be true.

Even if you get the withdrawals of 0.05BTC from GainBitcoin, read this:

Remember the promoters/supporters/bhakts of these mlm scams will always be relying on single point and that is 'regular pay outs'. They will always claim that 'We have not missed single pay out till day. How dare you to call it scam?'

All these people are living in wishful thinking bubble. Sooner or later this bubble is bound to burst.  What is painful is  many people from technical field(IT industry) fell prey (read easy money greed) this scam. I've seen it and it hurts to see when technically sound people turning into supporters/bhakt/devotees of MLM scams.