New cloudmining offering AMHash has disclosed their mining addresses:
5.There are 3 payment addresses of our hashrate:
1HtUGfbDcMzTeHWx2Dbgnhc6kYnj1Hp24i
1ERszMSERwHNR9Xty73KZXpsg1jjBXWcHh
1K7AuMJwVfZg3UVjinnjT2HzG4pJvACat6
Just like pictures can be faked, mining addresses can be rented for premium price. I remember people purchasing freshly mined bitcoins on this forum only. Then I did not understand the reason, but now I do. Unless the miner is at your location, everyone is same. There is
NO DIFFERENCE between PB Mining and Cloudhashing whatsoever.
It's really not that simple.
To fake a picture all you need is a miner and a bit of photoshop wizardry.
To fake hashrate you need to find a company with several PH/s that is willing to support a ponzi scheme. Maintaining the illusion of a constant hashrate when you're buying newly mined coins daily is much easier said than done. The only company I know that is selling freshly minted coins in mass is Bitfury, but they have integrity and want to see bitcoin succeed instead of plagued with scams.
If you were going to go through all the trouble of paying a premium for freshly mined coins every day for months on end, you might as well just buy the hashingpower from Bitfury/whatever company because it would be cheaper, less hassle, and less risk to actually mine the coins.
Freshly mined coins are not really ideal for cloudmining ponzi schemes, but they are great for money laundering. Besides, PBmining almost never pays out "mining earnings" that originate from recently mined coins so it appears it's not even necessary to pay a premium for newly mined coins.
I agree. Although I still like to see a picture photoshop or not, it makes me feel safer. I stick more to hardware the clouds. So many companies have went down scam lane with just renderings. At least with a good quality photo it adds one more hurdle.
Miningrigrentals has around 2000 T worth of SHA power, Leasesrig maybe 50-100 TH, betarigs 400 TH. So it would be VERY time and money consuming but 2600 or so T could be gotten if you corner the market. I agree its not very likely though.