Post
Topic
Board Service Discussion
Re: ▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁
by
Puppet
on 17/12/2014, 22:15:50 UTC
Cointellect has a pool : stratum+tcp://66.55.92.73:8000. You don't have to use the miner they offer on their site, but you can point your own miner on it. They have a live-feed published of one of their datacenters a few days ago: http://dc.cointellect.com/

That live feed is actually neat (Im not being cynical). Just a shame I cant tell if those are file servers in those cabinets or miners.
At least they have some hardware apparently. Are there no pictures?

The pool IP doesnt tell me anything though. Id need pool stats and block signatures.

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I was wondering if you really try to talk with people of these companies on phone and try to get the information you need or that you only decide if it's a ponzi or not based on what you see on their sites or rumors you heard.

I dont call them, I usually do reach out to them via the forum, but as Ive explained a few times, I base myself solely on publicly available information for the very reason I want everyone to be able to double check my findings and do their own due dilligence. IOW, I shouldnt have to call them to get answers to these questions. But if there is something I missed, Im more than happy to adjust the ratings. Not sure yet if what you provided warrants that just yet.

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Btw Genesis Mining might be legit, but is absolutely not profitable.

I deliberately ignore profitability questions.  A scam can easily appear as profitable as the scammer wants it to appear, thats not something that should be balanced against the fact they are a scam and may not pay a penny after x weeks. So I only try to ascertain how likely it is a given company will comply with its contract, not how (un)profitable those contracts might be.