Sort:  

I completely agree @domino. Thank you very much :)

It's NOT cloud mining! He had never been mining at all.
Ponzi - that's what it's called. Do not mining! It is important.

I think so too @coar that they probably never even had a mining rig and were just paying early people who signed up with money from people who signed up recently. I think it's a ponzi too but the fact that they were claiming they had data centers and all, gives a bad rep to cloud mining although i understand it's possible there are a very few if not only one(genesis mining) legit one "so far". But even with genesis mining, i'm very cautious about it.

Coin Marketplace

STEEM 0.16
TRX 0.16
JST 0.031
BTC 59159.44
ETH 2522.84
USDT 1.00
SBD 2.47