You really think so? A year ago 1 BTC = ~$30. That means you gave pyramining about $3.60 worth of BTC, which he converts to USD and buys hardware with. How much hashing power do you think $3.60 buys? Yes, we all know that the value of that 0.12 BTC has gone up in the last year, but that is the risk of investing in a mining operation like this? The difficulty of mining has gone up dramatically and has cut profits. It isn't pyramining's fault. You accepting the risk when you gave your coins to someone else, and pyramining has done exactly what he has said he would do: Invest your money in mining hardware and pay you out the proceeds for what you purchased at the time you invested.