I use Eobot and i will say that its not a ponzi
A lot of people invested with a man called Bernard Madoff. They also didn't think they were investing in a Ponzi scheme.
A lot of people also invested in a mining service called HashOcean. They
also didn't think they were investing in a Ponzi scheme.
it's literally like giving away free money, which would be the opposite of what any for-profit business is designed for.
Well in that case, I suppose that everyone who takes out a loan and pays it back with interest is a scammer. I suppose hedge fund managers and pension funds are, too.
Cloud mining was once profitable to some extent (though buying your own hardware was always better). It is now a wraith, drifting along on borrowed money and shady schemes like Genesis Mining. Basically, there's nowhere to go with it.