Thaks'

You are welcome :)

aND WHY ALL THE PEOPLE SAYS IT PAYS AND HAVE PAYOUTS PROOFS?

Not all, but those people who think they can earn money by making referrals from this site, they just try to promote it in order to see either they will get money or not. And the owner of these kinds of sites definitely can provide lots of fake payment proofs.

Did YOU get a payout????
Do YOU PERSONALLY know someone who had a payout????

If he had got the payment, he would have replied your comment. So, this proves he didn't get the payment.

welp time to find out. Free version is 0.0006 BTC a day. Cash out is min: 0.001 BTC. In another day or two Ill find out if I do get BTC or not LOL

Lol, yes so easy to find out. These kinds of sites always scam people in the front their nose but also people still get confused.

Yes, startminer is fake. They dont give anything but.only ask for upgrade by sending btc to their wallet. So dont do so and dont waste ur time and money

Yep Grey,
You are absolutely right.

hi!

bugini is a frustrate person and scam every one

Dear Emanuele,
Even it is not sure Bugini is the real owner of StartMiner or not. However, whoever is running StartMiner and scamming people, definitely is not a good person.

At least it can satisfy my need to watch meaningless numbers slowly grow, haha

lol

hi i have request bit coin withdraw but not add my wallet (33EQbdFCWLRBDf75hj1mP2N5uby54es3uh) bitcoin address it,s fake websites

Yep Amit,
StartMiner is a fake website.

https://uploads.disquscdn.c... withdrawals are pending for the last month no payment has been made the site is a scam, they also will not reply to you when you try to contact asking whats going on with the payments!

you can also check my Bitcoin address linked to this by going to blockchain and searching my address you will see I have made nothing from StartMiner in a month,

Yep, StartMiner is a scam.

Pending...
withdraw r pending last 2 day .
when i get btc???

Dear Kaiyum,
StartMiner is a scam site, that is why we don't recommend it, which means it is hard to get your pending payment from this site.

Are there any of these mining pools that aren't scams? It seems like a great idea to pool the computing power together. Is anyone doing this legitimately? Thanks!

Dear Jeff,
Yep, there is a good cloud mining company. GM is doing mining genuinely. You can find our detail review on GM by clicking this link:- https://www.newsonlineincom...

Startminer. com scam

StartMiner is a fraudster!!!! they don't respond to messages..

2017-09-25 19:21:56 -0.00723800 BTC Withdraw Pending...

Yep Romeo,
StartMiner is a fraudster. That is what we are saying. Thanks for supporting our review on Start Miner.

what they do is,
showing they will payout clients who bought an upgrade and this is true,
but what you cannot see here is that,
the IPV ,
instant payout value is only a small part of the payment for the upgrade,
so, after receiving a small part of the payment,
it stops paying out,
for instance, buying the 0.1 bitcoin upgrade you can cashout 0.015 bitcoins which is about 1/6.65 part of the payment,
then the website shows:
“look, clients are receiving bitcoin!”,
but, in fact, it is just part of their deposit.
They receive the part of their deposit that is within the limit of the IPV instant payout value.
The IPV instant payout value increases after each upgrade, which is probably about 1/6 or 1/7 part of the deposit in bitcoins, however, after withdrawing the bitcoins, then, the IPV decreases,
resulting in being unable to withdrawing money,
so clients never get more back then the IPV value, which needs an upgrade to increase, or ,
as the site says, it needs a manual withdrawal that takes more then 10+ days,
which is correct, becouse, it could take forever.

Maybe they think this is legally correct to say,
getting you bitcoins/money back,
it takes more then 10 days,
if you intent to never give anything.

So this is how this fraud works,
they keep believing this,
and oftenly they upgrade, also more then once,
then to become stuck with waiting
“more then 10+ days”
becouse of the IPV instant payout value that decreases after withdrawals,
you can upgrade the IPV value by upgrading to a higher version miner for 0.1, 0.9 or 5 btc.

This results in the screens as oftenly seen on other websites also,
in the tab “accout”
with withdrawals that are
“pending”
they dont have the txid transaction details,
so typically on this website you see:
withdrawals payed
(the part that is part of the IPV instant payout value, that is about 1/6th or 1/7 of the deposited bitcoins)
then many withdrawals “pending”,
with the IPV value spend after the upgrade, now the transactions become pending, it means you cannot
achieve any profit.

apart from all this,
you can also see that a rate of return / rate of interest (ROR / ROI) on such a product
of about 1 week for each upgrade, is not possible becouse with such a profit,
why would anyone sell this? they could just keep the profit,
such offers don’t really exist,
but with bitcoin mining, it appears more plausible perhaps,
becouse of how this technology works,
if a mining module produces an amount of btc and has a certain value to invest in,
if the mining difficulty is that easy / fast,
in principle one could buy a mining module for 5 bitcoins that can mine 2 bitcoins a week,
but the difficulty would increase quickly.

In practice this never happened apart from the period when the bitcoin became to exist,
if you mined bitcoins when the price of one bitcoin was below $50, then you could earn much much more then the investment in miners per week, but perhaps you would have to sell the bitcoins a few weeks or months later.

On the internet you can see many of these crimes, and , oftenly they look plausible,
you can also find many online “cloud miners”, but , as you can guess,
if they sell you mining capacity that brings profit,
then they are basically selling you profit or money,
now one could think, is it not an investment in the risk I take seeing the bitcoin price could go down? Yeah it sounds logical to many, but in fact these mining cloud websites,
they usually just give a message there is some kind of error or the bitcoin is send and the transactions remain pending forever.

And about trying to figure out these companies,
when people look for a way to get back their money,
usually they figure out they are running a virtual office,
and the bitcoins are send to various addresses,
the persons behind this could be Africans or Indians maybe,
perhaps they split the money with villagers, all they need is an internet connection to make this kind of scam, there is no authority they registered to.

This type of profit looks to easy and you people should be able to guess there is something wrong with it, also if it is about mining bitcoins on someone else’s bitcoin miner paying a rent that is basically a money ther are making themselves.

So this bitcoin mining cloud website, also many others,
they don’t give any bitcoins as a profit, they just make you pay their service,
then, if you want to complain or ask your money back or receive the profit,
there appears to be no way to ask for help of authorities, which is why they keep doing this, probably , they are just trying to put it on someone’s account and then split it maybe authorities never come or they just don’t know who is behind it exactly.

So what about you guys, did you pay much for receiving bitcoins for free on the internet?
Did anyone file a report at the authorities?
What did they say?
Can you get any money / bitcoins back?

see also:

bitcoin cloud mining,
you can use a search engine,
many of these websites,
they either say they never received any deposits
or
they payout part of the investment,
this is perhaps easy for them as many clients don’t ask for any payouts at the beginning,
looking at the websites profit in the account overviews,
people can upgrade many times,
and with a payback period of >4 weeks,
they could still cash in some bitcoins or dollars / euros in the first 2 weeks.
It is somewhat strange they manage to operate such businesses seeing the scale and profits they are making, but apparently, in the last couple of years ,
they are, and they keep doing it.

Did any of you ever bought something at bitcoin mining cloud companies?
Did they ever pay you more then you invested???
Some of these companies raise suspicion as soon as you see them,
with things like:
rent a miner for 10 years
or
receive mining capacity forever

It looks almost funny when you look at that,
How is such a company supposed to keep a miner active for 10 years,
it would yield nothing and waste electricity after more then 3 years.

Anyway,
On the internet,
apparently, the western governments in Europe and USA decided to do absolutely nothing about this sites and they must have thought nobody was willing to believe this is true, but looking at the crowds at these websites and members, assuming they exist,
they are actually kind of numerous.

Feel free to comment on this topic

Yep Homer,
There are 99.99999% of scam cloud mining companies but still there are few genuine cloud mining companies like GenesisMining about which you can find the details by clicking this link:- https://www.newsonlineincom...

I signed up last month and I just upgraded it last night from 1.0 to 1.1 then I withdrawed 0.005 but I haven't gotten anything yet from startminer, please can you tell me how long before I get my bitcoin?? Because it's still pending

you are never gonna get that money bro

Dear Lee,
You should not have invested in StartMiner in the first place. As you can see in our StartMiner review as above that we have clearly warned people not to invest in StartMiner because it is an illegal company, a Ponzi scheme which can stop paying and completely collapsed anytime soon. On top of that, there are already lots of complaints from many people for not getting paid from StartMiner. It seems they are only paying to few members in order to show the payment proofs so that they can lure more people into their scam.

I have personally received bitcoin from this site. Maybe in the long run it's a scam, but I have actually received the 0.005 btc from them. My second withdrawal is waiting approval. If the second one goes through, then I have some faith, if not, then yes, it's obvi a scam. I will return when I find out more. But it takes over 20 days for them to get the btc to you.

So, Steven, are you still getting paid from StartMiner? Can you please provide us more updates about it because most of the people are not getting paid, only few are getting paid and that is also only for 3-4 times at starting. Anyway, it is not only about getting paid, the whole business model of StartMiner is a Ponzi scheme, so ultimately it will be completely collapsed without paying the majority of the members.

Totally scam. when you going to 300k to 400k then getting refresh, you will go down to 100k again. Don't use it

Sure Rubel,
StartMiner is scam. That is why we don't recommend it and that is why we are warning people not to join it through our StartMiner review as above.

Great article thanks , your reviews is extremely important to save people from tons of fake scammers out there

Dear Jan,
Thanks a lot for such a nice feedback. We appreciate it a lot. Thank you.

https://uploads.disquscdn.c...

This site a scam

have they paid these btc to y0u or not ??

Dear Muhammad,
We are extremely sorry for late response. It is because our system get hacked and we were unable to get comment's notifications within our inbox. Sorry once again.
From the screenshot that "Treatment and tips mesotheliom" has provided, it is clear that StartMiner didn't pay him/her and even he/she already said that StartMiner is a scam site. If he/she got paid, he won't say that.

Yep,
StartMiner is not a good site, that is what we have written within our StartMiner review.

This site don´t pay, its a scam!!!

Yep,
That is what we have said about StartMiner. They are not going to pay for long run. So, it is not surprise to see that now they are making excuses for payment.

Stay away from this scam friend bitminer as sure scam this site

Yep Bünyamin Parlak,
That is exactly what we have mentioned in our review on StartMiner as above. Sure, this site is a scam site which will only pay for some months and will stop paying all of sudden soon in the future. Thanks for supporting our review on StartMiner.

i think it do not pay at all

Dear Jan,
Yep, now StartMiner has almost stopped paying. Like we have said in our StartMiner review, these kinds of sites always pay at starting to few members so that they can lure more people into their scam so that they can collect huge amount of money. So, we should avoid these kinds of sites because even these sites pay at starting, can stop paying anytime, even just after we invest money and at last majority of members will lose their money. So, we should not promote these kinds of sites, neither should invest in these kinds of sites.

Please review newshot17. com

Dear GM,
We have already reviewed NewsHot17 and it is a scam site. You can find its review by clicking this link:- https://www.newsonlineincom...

Hello, i recently signed up for this without knowing its a scam, will they be able to access my bitcoin wallet?

Nope Veronica,
They can't access your Bitcoin Wallet unless you have put same password in StartMiner and in your Bitcoin Wallet.
And, sorry for such a late reply. It is because we didn't get your message within our inbox due to the system error. Sorry once again.