Post
Topic
Board Bitcoin Discussion
Re: BITCOIN CLOUD MINING IS A SCAM (noob word!)
by
inBitweTrust
on 03/09/2014, 02:27:29 UTC
Judging a scam by whether it is profitable or not is not conveinced.

The scam is when ASIC manufactures intentionally use their client's "pre-order" investment capital to build a Cloud hashing infrastructure that they than use to resell hashing power to other clients or mine themselves while they continuously delay shipments with lies for excuses. 

This is indeed a scam and outright fraud.