Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

[gevgevgev]

Actually its up time is just a day ago.
Any one started here?
It has 200Gh/s as a sign up bonus
Min with. of at least 0.00100000 BTC.

 

[kriptzz]

Does it mean one does not need any amount to deposit before you start mining from the site or what are you trying to say

This is the message from their website:

Your balance is too low for a withdrawal request. Please come back, when your balance reached at least 0.00200000 BTC.

Without any new deposits from you or your referrals, this will be in 49 days, 14 hours, 26 minutes, 44 seconds.

 

[karibepecunia]

I do not know if you know this strategy, but if not, let me share it with you: If you click on 'Deposit' you will find the note that says the minimum deposit on the page is 0.00010000 (10000 satoshis) And does not mean that you are going to deposit your money on the page. But what you can do, as explained there is that when your balance balance reaches 0.00010000 (10 thousand satoshis), which occurs in a short time, you can reinvest it, and with this you can get to 0.00100000 sooner ( 100000 satoshis) or 0.00200000 (200000 satoshis) with my case, to charge in our portfolio bitcoins. How do you do this? Click where your username is and there you will find the option to register the bitcoins address where you will be paid, and the option related to the automatic reinvestment strategy: In the box will be the amount of 0.00010000, if you are not place it and click in the change button to save, and that's it, when your balance reaches 0.00010000 the system will automatically reinvest it until you have the amount to charge. I hope you find this explanation that I got from a video tutorial made by Fabris Oliveira on his Youtube channel 'Trading Deportivo' useful.

 

[zerocreativef]

Does it mean one does not need any amount to deposit before you start mining from the site or what are you trying to say

Yeah that. You dont need to deposit before you star mining with the free 200Gh that will last 14 days.
The btc earned this way can be reinvested to buy more GH and keep mining more BTC till you get the min amount of withdrawal (0.002) and withdraw to your wallet.
Until now everything has been working right with this site.

 

[SHOHANA]

this site grows and grows..
they now have TG support..
hmm looks like they are gaining some trust..

That means the site is legit yup I saw many positive reviews here and I think that is good enough to trust this and try this out. Thank you.

 

[wing67]

We have to wait until de minimun withdraw amount, I think this site will run ok because it´s new, I'll do the reinvestment strategy .

 

[noonebtcminer]

hello good day

whats the meaning of this

4 confirmations needed?

confirmation to what?

human verification like you need to complete a survey and text YES?

it's is really paying for non investor or not?

 

[kriptzz]

hello good day

whats the meaning of this

4 confirmations needed?

confirmation to what?

human verification like you need to complete a survey and text YES?

it's is really paying for non investor or not?

confirmation from the blockchain when you purchase hashs

 

[Keling]

I have register this SITE 3 weeks ago and set my current earning at auto reinvest mode I get 120 GHS afte14 days and I invest 10,000 satoshi as it is the minimum investment it will toke 65 days to get 0.002 BTC.

 

[noonebtcminer]

confirmation from the blockchain when you purchase hashs

i see... how about in withdrawal is also have a confirmation?
i hope i can withdraw even without investment...

 

[karibepecunia]

give me a btc mining site and i will tell you if its a scam site or not :)

Good afternoon, sitti, good here in Venezuela it is; Tell me if these sites are scam: BrowserMine, Eobot and Enwy.

 

[Soubhagya ranajan das]

That's great . Thank you so much for informing. I will try to join and tell to my friends to join with it ..nic job keep informing .

 

[mauuu637]

I do not know if you know this strategy, but if not, let me share it with you: If you click on 'Deposit' you will find the note that says the minimum deposit on the page is 0.00010000 (10000 satoshis) And does not mean that you are going to deposit your money on the page. But what you can do, as explained there is that when your balance balance reaches 0.00010000 (10 thousand satoshis), which occurs in a short time, you can reinvest it, and with this you can get to 0.00100000 sooner ( 100000 satoshis) or 0.00200000 (200000 satoshis) with my case, to charge in our portfolio bitcoins. How do you do this? Click where your username is and there you will find the option to register the bitcoins address where you will be paid, and the option related to the automatic reinvestment strategy: In the box will be the amount of 0.00010000, if you are not place it and click in the change button to save, and that's it, when your balance reaches 0.00010000 the system will automatically reinvest it until you have the amount to charge. I hope you find this explanation that I got from a video tutorial made by Fabris Oliveira on his Youtube channel 'Trading Deportivo' useful.

Yeah, that sounds sensible. I will try to make the most of my free GH/s. Reinvest from your balance when you have the minimum to purchase more GH/s, so you will take a bit less to mine each time. And when your trial hashes expire... you will have a little hashing power, so you won't be completely left high and dry.

 

[Soubhagya ranajan das]

I've been using this site for few weeks, and I suggest it to everyone. If you are patient, you will be able to withdraw in 2-3 months without any investment. I personaly invested in 120GHs just to keep it above 200GHs after they removed starting 200. So if you want to check the site and register you can use the link below. Thanks and happy mining =)
https://5sMining.com/r/59356

congratulations do your best and also try to do

 

[Timothy]

sorry, can confirm this is just a ponzi scheme, blantant scam.

 

[arles]

,

I made 2 withdrawals on the 7th and 17th of this month of 5starmining both of them are processing and pending , any solution ??

 

[Xight]

View attachment 6693 ,

I made 2 withdrawals on the 7th and 17th of this month of 5starmining both of them are processing and pending , any solution ??

Click on the Transaction ID link to see if those payments are still on the mempool. If not the transaction is stale and has to be resent.

The transaction id if that link doesn't work, try looking it up: https://blockchain.info/tx/ <paste your transaction id here>

If it doesn't exist it means it either expired, and money was sent back to the original sender. If it does exist, then great there's still a chance of it confirming.

Now there's not really that many things you can do from here. You can wait and cross your fingers that it'll get confirmed. You can try to spend a portion of it and pay a higher fee and hope it confirms, (but right now to send a transaction fast is about $25 so you'd lose most of it).

Or you can look up how to rebroadcast a transaction. [WARNING: Do not pay for accelerating a transaction]

 

[Macri Gatto]

sorry, can confirm this is just a ponzi scheme, blantant scam.

They are banning people who question them on their Telegram chat. I got banned this morning alongside with two more guys... Look for this Telegram group:

https://t.me/fivestarscam

Admin of the 5s group (the Telegram group) is some Brazilian guy who doesn't seem to be affiliated with them... but gets defensive very quickly when people questions 5s staff, or the withdrawal problems they have been having since a couple of days ago now.

5Mining Jesse, the original admin of the group, that probably was more official (closer to support) than the current admin, is gone. If you search for him on the Telegram group, you won't see him on the user list, but you can still read his messages (from a month ago), he hasn't been that active anyway.
This definitely looks iffy, at the very least.
Why they don't try to prove us wrong? If we are mistaken, don't ban us. Prove us wrong.
Two days ago I wasn't that convinced that this is a scam. Now I am like 90% sold on that idea.
The Brazilian admin will tell you, if you question 5smining, that either you gotta wait, because the blockchain is overloaded (which is true), or that you gotta contact support (which doesn't seem that responsive) or that you don't go and spread FUD on the group. If you keep it up he bans you and deletes all your messages... As I say again, don't ban people, prove us wrong.
And believe me, I want to be wrong. Because that would mean that this is a legit company, not a scam. But things don't look so good on that apartment to me... honestly.

There is also a Facebook page that exposes them...
https://m.facebook.com/story.php?st...14524:page_id.941410659343715:page_insights.{"941410659343715"%3A%7B"role"%3A1%2C"page_id"%3A941410659343715%2C"post_context"%3A%7B"story_fbid"%3A944702569014524%2C"publish_time"%3A1513740524%2C"story_name"%3A"EntStatusCreationStory"%2C"object_fbtype"%3A266%7D%2C"actor_id"%3A941410659343715%2C"psn"%3A"EntStatusCreationStory"%2C"sl"%3A4%2C"targets"%3A%5B%7B"page_id"%3A941410659343715%2C"actor_id"%3A941410659343715%2C"role"%3A1%2C"post_id"%3A944702569014524%2C"share_id"%3A0%7D%5D%7D%7D&__tn__=%2C%3B

I don't want to sound as a spammer, though. Just trying to give people a heads up, that's why I am posting these links.

 

[karibepecunia]

Well, Macri Gatto, that's fine, it's better to look like an exaggerated, or bird of bad omen than to silence what is suspected based on some valid information that is possessed. I just hope you're wrong and your predictions fall.

 

[Macri Gatto]

Well, Macri Gatto, that's fine, it's better to look like an exaggerated, or bird of bad omen than to silence what is suspected based on some valid information that is possessed. I just hope you're wrong and your predictions fall.

We are hoping we are wrong man. Since it would mean that this site is legit. But no.
Here is an update.
The Brazilian admin left the group. He couldn't take it anymore. I can provide screenshots... he didn't get answered by support, he sent two tickets, and then he replied "I can't take more of this BS" while repeating that fact. Seems that he lost his patience too.
Also, please note that it's indeed true that there are record numbers of txs failing. Hashflare is reporting similar problems as well. However, Hashflare is an established company with several years on the business. This one doesn't even have 50 days.
I was THIS close of making a purchase with dogecoins for GH/s. Then they began to report problems with their "wallet provider" and the poor management of the admin (he outright banned us) instead of trying to explain why things were like this is what made me even more suspicious of all this. But there is something more...
This has the mark of a Ponzi scheme because it promises fixed returns, forever. And because it has "plans" that make you, if you upgrade, earn even more. I do make the difference between purchasing GH/s and upgrading, let's say, to Professional. That tiered plan shouldn't even exist in the first place.
If one "Beginner" and one "Professional" purchased the same amount of GH/s on the same time, they should earn exactly the same. Because the rewards of the miners are not going to be more for one and less for the other. Same amount of power, same recompense for finding the block. Same power, same reward for being part of the (hypotetical) mining pool...
Please read Wikipedia's definition of a Ponzi. This site promises the same amount of return, forever. Which is unreallistic, because the block difficulty always tends to go up (since there is more power being thrown at mining blocks). If you don't purchase more power you will end up not being able to get more than some satoshis (if you are able to get something at all).
It might still pay its members, but sooner or later it will collapse. Since its business model is an outright Ponzi. People who request payments might get paid... but that will be with the money of the new members that deposit. No actual mining is taking place.
And since 5s is reporting "problems" this might be soon, or might be not. It's up to them if they want to honor payments or run away with the remainder of the money. But rest assured that no mining is taking place.
I am sorry to sound like the harbringer of bad news, but this looks fishy.
And note Wikipedia's definition of Ponzi scheme. Especially pay attention to the description of such an operation...

https://en.m.wikipedia.org/wiki/Ponzi_scheme

 

[karibepecunia]

Very good partner, thank you for the information you give us, and for keeping the community aware of the events related to this opportunity that seems or seemed good, put in this context no longer seems. Also for your motivation I went to Wikipeda and learned something about the 'Ponzi scheme'.