Quote from: TheUltraElite on April 14, 2022, 01:35:12 PM

Quote from: tarken002 on April 14, 2022, 10:22:36 AM

Hashnest was formed by Bitmain but they sold them.

This should have been an immediate red flag, but I am sure even after realising this investors could do nothing to salvage the rest of the assets spent on mining contracts there.

Cloud mining sites are always going to scam its investors, this is a fact and this should be understood by every user here. Whether someone supports them or not, is a personal choice, does not mean that the project is going to turn legit.

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Is there any way to force them to pay back the money they took from us?

If the people behind the scam can be identified. But let me remind you that this is not the first cloud mining scam and very few have actually been caught in real after extensive legal work.

Be careful of fake people trying to collect money in the name of legal proceedings for this scam - they might themselves be scamming you. Only do this if the group is known to you in real life. This type of "scamming the scammed person" scam has also been common among the victims of cloud mining scams.

I took research about Bimain/Hashnest before investing. And it was the most trusted cloud mining existing, but sad thing turned into a bad way

Quote from: logfiles on April 15, 2022, 12:51:53 AM

Quote from: tarken002 on April 14, 2022, 10:40:35 AM

Yes it is a cloud mining service. I lost around 0.5 BTC. I can see people yelling on their Twitter/Facebook, I trusted them because they WERE owned by Bitmain. And later I realized Bitmain was no longer affiliate with Hashnest. Such a terrible moment

Such a huge amount to "invest" on to a cloud mining site even if it were legit. I doubt if you would make that much returns while risking all that amount. A better way would have been buying some good GPUs and then mine some Ethereum or other profitable coins during that time.I am sure you woulkd have made a kill.

Is there any proof or article to show that hashnet was sold off by Bitmain? I don't seem to see any information

Same with me, but I saw that info from this thread https://bitcointalk.org/index.php?topic=766448.0 , since the OP was Bitmain but the one who updated is Hashnest there is no doubt for me about it

Quote from: BitcoinGirl.Club on April 15, 2022, 02:44:00 AM

Quote from: tarken002 on April 14, 2022, 10:40:35 AM

Yes it is a cloud mining service. I lost around 0.5 BTC. I can see people yelling on their Twitter/Facebook, I trusted them because they WERE owned by Bitmain. And later I realized Bitmain was no longer affiliate with Hashnest. Such a terrible moment

Considering the price of BTC this is a good amount you lost.
I have seen many fake websites to use the name of Bitmain and later they were caught as scammers. Not really sure what happen in your case that if indeed they were owned by Bitmain. I am wondering why would Bitmain would need a cloud mining business at all?

You can check it here https://bitcointalk.org/index.php?topic=766448.0
Another article that I found https://medium.com/@mattia.franzoni.mf/hashnest-cloud-mining-platform-39128aede9ef

Quote from: hugeblack on April 15, 2022, 12:58:05 PM

Quote from: tarken002 on April 14, 2022, 10:40:35 AM

Yes it is a cloud mining service. I lost around 0.5 BTC. I can see people yelling on their Twitter/Facebook, I trusted them because they WERE owned by Bitmain. And later I realized Bitmain was no longer affiliate with Hashnest. Such a terrible moment

Is 0.5 BTC that you invested with them or is the profits that I got? If profits are impossible to obtain with cloud mining, which means that you have been scammed, but if you had invested in them, this money was enough for you to buy some mining hardware at the present time.

Anyway they have a long scam reports here ---> https://www.trustpilot.com/review/www.hashnest.com so it seems a legitimate company in the past that turned into scammers

I invested total 1 BTC, and only got 0.5 BTC back, so i would consider it as 0.5btc lost

Quote from: Agbe on April 15, 2022, 11:20:55 PM

Quote from: tarken002 on April 14, 2022, 10:22:36 AM

As everyone had known, China shut down mining in the middle of 2021. Hashnest stopped paying by there. They promised to buy back hashrate, but only a few types. And today when I checked they closed their site. Gone with people hashrate. The investors lost their money including me, I'm seeking help. Hashnest was formed by Bitmain but they sold them. Is there any way to force them to pay back the money they took from us?

This is a very serious issue. I Don't know why Scammers used different approach and methods to Target their victims and they (victims) fall well anytime when Scammers lunch a site.

There is always a way to force them pay you back but just that process is cumbersome which might lose money the more again. There are procedures to follow.
1. Economic and Financial Crime Commission. Meet this agency in your country or State or Province and give the complain. Although Countries are differs, they might collect money from you to start the tracking. And you have to give this agency every Necessary information about the site.
2. If you know their physical office, you can go there with police and make some arrest.
I am really sorry for what happened. Scamming now has come to stay with us in the society, so it is our duty to be careful and vigilant to the kind of site we invest our money. That is why I always ask questions now before investing.

Many investors lost their money, but our voice are not strong enough so Im hopefully this thread will catch people attention

Quote from: Maestro75 on April 16, 2022, 02:46:42 PM

That is big capital you lost there. 0.5 btc is over $20,000 at the current price and it is not funny losing that kind of money. When I read that people invest that big online i feel they are taking unnecessary risks because that amount can be easily lost and that is what we have seen here too.

Quote from: Agbe on April 15, 2022, 11:20:55 PM

There is always a way to force them pay you back but just that process is cumbersome which might lose money the more again.

That is the problem and that makes it look like victims do not want to go on chasing those who scam them. They do not want to waste money or be scammed again by those who will promise to help them catch the scammers but in true sense of it are only after their money too.

it is a big loss for me indeed. And I don't think I can get my money back, but somehow I want to bring it to justice, hard thought but event in smallest I would not hesitate to try