Quote from: jjc326 on August 15, 2014, 04:16:37 PM

Quote from: drmavis on August 15, 2014, 02:36:34 PM

OK I'll add my name to the list of those defrauded:

drmavis --> 0.47139382 BTC "invested"

These types of situations make me so frustrated - is CEX.IO the only LEGIT cloud mining service out there that isn't a ponzi/scam? Maybe Scrypt.cc too?

I like the idea of cloud mining or buying shares of expensive hardware and letting someone else with cheaper electricity manage it, but all of these scams are making me want to just order equipment myself (though they have their fair share of scams).

I don't even think CEX is the great thing everyone is making it out to be. There is also the issue that once something becomes big enough, the incentive to steal the funds gets very big and probably becomes harder to resist.

cex is possibly the most legit but the donwside with them is that it is meant to be a trading site but the rising difficulty which results in higher maintenance fees compared to mined coins and 0.2% trading fee has made it almost impossible to make profits there nowadays.

I have not investigated in scrypt.cc that much but they have been online quite awhile already.

but personally I have invested some BTC into pbmining.com and some into cex
pbmining have also been around for quite awhile and the earliest users including me has started to get profits on first contracts.