Post
Topic
Board Securities
Re: Cloudhashing ASIC mining contracts, UK LTD company - Now Mining & Paying Bitcoin
by
Rampion
on 07/11/2013, 22:32:19 UTC
You were all warned this is a scam. Just do a quick search on these forums.

but there was always someone on the thread, not this thread but another thread, saying o no you could actually get more bitcoins for your money that way.  and that's why I fell for it.

This site needs to be better organized and its members more vocal when someone gets it wrong.

when I get my money back im taking it straight to coinbase.  mining is retarded.  you might as well solo mine its like buying a lottery ticket.  one block erupter $10 if it hits you get over $5000 if it doesn't who cares.

I've been posting the word SCAM in big red letters all over this thread (and many others about CH). Other long-term members wrote well reasoned posts about how this business model is a dead end and a very bad financial decision for "investors", its just a scammy scheme which only purpose is to exploit noobs ignorance.

I can understand that mining has an appeal in itself especially for someone completely new to BTC, but you'd expect people to do a little bit of reading and thinking before throwing money to things, especially if those things are related to something as peculiar as BTC.