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Ethereum Cloud Mining for Dummies (github.com)
14 points by cdvonstinkpot 8 hours ago | 6 comments





Bonus scam: Ethereum introduces the first ever verified pyramid scheme!

http://pastebin.com/AGDsJL6j


The Ethereum scam is detailed here: https://www.reddit.com/r/Buttcoin/comments/3g5sk8/anyone_pay...

tl;dr it's a pretty standard premined altcoin scam. All the "smart contract" babble is a cover for the premined altcoin scam.

see also: Stellar.


If it's a scam, why do they have a Github organization with 50+ repos? go-ethereum alone has 6469 commits by 59 authors[1]. Would be the most elaborate and time consuming scam ever.

[1] https://github.com/ethereum/go-ethereum


For 18 million bucks people would go to great lengths...

Indeed Ethereum is a scam.

Investors who purchased Ether credits from Ethereum were in fact purchasing what amounts to equity in the Ethereum company.

If there was any doubt that this was illegal they went to great effort to create a Swiss company and then immediately dissolve it.

Kraken and the CEO Jesse Powell are accessories after the fact.


I was surprised Kraken (US company) are getting involved with Ethereum trading

The whole project should be looked at by SEC

https://en.wikipedia.org/wiki/List_of_highest_funded_crowdfu...

$18,439,086 raised, yet no legal company exists, no filling were made, the programmers all have Eastern european names and everything in shrouded in mystery

but at least there is as sleek webpage to sucker people in like has happened with Stellar (how is that getting on?)




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