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Showing 7 of 7 results by Malindi
http://i.imgur.com/H7TeGuR.jpg
I am really disappointed by badbitcoin.org website.
Badbitcoin.org recommends Genesis Mining for mining bitcoins. As far as I am concerned, Genesis Mining is the biggest scammer in the bitcoin industry. So these guys have essentially sold their souls to make a quick buck or keep their website afloat.
The action of endorsing and promoting Genesis Mining defeats the purpose of the website, which is to save investors from bitcoin mining scams.
They are essentially saving investors from crocodiles, only to feed a big shark. Well, I guess the best we can do is to find a way to spread the word to the bitcoin community. Warn the community that the best bitcoin scams watchdog on the net is also promoting a scam, so they should watch out.
I am really disappointed by badbitcoin.org website.
Badbitcoin.org recommends Genesis Mining for mining bitcoins. As far as I am concerned, Genesis Mining is the biggest scammer in the bitcoin industry. So these guys have essentially sold their souls to make a quick buck or keep their website afloat.
The action of endorsing and promoting Genesis Mining defeats the purpose of the website, which is to save investors from bitcoin mining scams.
They are essentially saving investors from crocodiles, only to feed a big shark. Well, I guess the best we can do is to find a way to spread the word to the bitcoin community. Warn the community that the best bitcoin scams watchdog on the net is also promoting a scam, so they should watch out.
Read our blog to get all updated calculations. Remember that the payouts will increase if the Bitcoin price increase which has happened the last month.
Does anybody know how much in BTC can I mine using genesis-mining per 1 TH/s per day nowadays? Is it worth to buy BTC mining powers with this enormously high BTC price?
I've read the blog above, but since then BTC price appreciated and total mining power increased.
Unless you are a bitcoin mining expert with deep pockets, or are prepared to learn to become one, stay away from bitcoin mining. Your question suggests you are not an expert all. Neither am I, so I dont have an answer to your questions.
But I am actually surprised that you still want to invest with Genesis Mining despite many members telling you the company is a scam. Do not trust anything from Allcloudminers, the website has been down voted as untrustworthy.
You should add Genesis-Mining.com
It is a confirmed scam / fraud (check my thread if you are unsure we have plenty of testimonies) https://bitcointalk.org/index.php?topic=1185909.msg12482453#msg12482453
It is a confirmed scam / fraud (check my thread if you are unsure we have plenty of testimonies) https://bitcointalk.org/index.php?topic=1185909.msg12482453#msg12482453
I support this member. Genesis Mining should definitely be on the list to remove doubt to people who are new to bitcoin mining. Many websites still promote it as a legit company, but a few websites have exposed it as an unethical company, e.g.
1. https://steemit.com/bitcoin/@wisdomx44/scam-alert-do-not-invest-in-genesis-mining
2. http://kipicommunity.org/genesis-mining-review-is-it-profitable-to-mine-with-genesis-mining/
Where are your proofs? From what I see it is a simple script coin, which is most likely premined, but ICO?
http://www.fin24.com/Finweek/Featured/beware-pipcoins-promises-20160811
it started as an MLM
This pipcoin thing started as a decentralised Ponzi scheme early February 2016, paying 35% interest a month. Members believed they were depositing funds into each other accounts, though in reality, almost all the funds found its way to Ref Waynes bank accounts. The Ponzi scheme actually lasted for four months only, it collapsed in June 2016.
To hide the collapse, the scheme was changed into a pipcoin trading exchange. Unfortunately, the pipcoin value dropped from $7 per coin to about $0.04 per coin.
Its a very sad story, as it is mostly the poorest students and pensioners - who lost out. Probably 98% of about 90 000 people who had invested in the scheme lost out. Some lost as much as $30 000 each.
Genesis Mining is committing daylight robbery. I mean it sells contracts to investors knowing very well they will lose money. Why does the company continue providing a service which make investors lose money? As far as I am concerned Genesis Mining is one big scam. Its directors are crooks and fraudsters and should be prosecuted.
Hashpoke seems good, they're not mining bitcoin but alt-coins and i think you recieve 20kH/s when you sign up and later on 10kH/s is 1.20$, somwthing like that and they've been around for quite some time now. I'm not forcing you, but if you're interested in investing, using my ref link would help a lot. 
EDIT: Nevermind this post, looks like the owner of hashprofit is some alahu akbar with false id lol
EDIT: Nevermind this post, looks like the owner of hashprofit is some alahu akbar with false id lol
Hashpoke is a scam. It has already started scamming investors by blocking their accounts. Check Hashpoke review on Viral-Alert, many investors are complaining there. For an review of hashpoke, check this out this.
http://kipicommunity.org/hashpoke-review/
It is a Ponzi scheme disguised as an MLM cloud mining company. Do not invest. You can read quite a few reviews which expose Coinomia as a scam. I particularly like this detailed review from this webpage:
http://kipicommunity.org/coinomia-ponzi-scheme-review/
http://kipicommunity.org/coinomia-ponzi-scheme-review/