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RE: BITCOIN Mining for "FREE". (Yes free, check this out you have nothing to lose.)

in #bitcoin7 years ago

I wonder how secure these sites are. I've seen one site that seemed legit but after a few weeks, the person was locked out of their account. We can never be too careful. I guess the real test is after several weeks or several months.

How many bits/Bitcoin do you get from the mining? Is it automatic, when you log in? Per day, per minute? What are the details exactly?

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You log in with a Bitcoin address, and the mining starts automatically. It claims you will get 0.0006 BTC per day and so far it seems to be working for me. They offer upgrades for faster mining that does cost money but I have only the free account so I can't lose anything.! I have not given them a cent so what have I got to lose?

0.0006 btc per day??? Ha ha ... go n search for a fine print: how often you can withdraw? Fees for that? Limitations? How much TIME yiu will waste until those BTC are in your own wallet? Etc etc....

I did mention in my post that I have only used the sites for approx 1 day, and I show screen shots of my balance. I have not yet tried to withdrawl but even if it dosen't work I have still lost nothing because I gave them nothing. So I will just see how it goes 😊

Yes you did bot gave them money. But, as I understand, you gave them your attention, and your TIME. Which has ( I assume) some value too

You have a point there good sir 😁, you are wise and I have been humbled... thanks for your input 👌

This is on which of the 3 above mentioned sites?

0.0006 BTC is equivalent right now to $5 CAD.

That's automatic and per day? You don't have to do anything at all once you've set up your account and linked your BTC address?

Start Miner & BTC miner both offer 0.006BTC per day free packages. Here are the links ☺
https://www.startminer.com
https://www.btcminer.me
I guess they make there money from advertising and people buying the mining upgrades? All I know is it has cost me $0 so if it ends up not working then care factor is also 0.! 😁 but if someone signs up for free with my referral link it increases my mining speed. Just being 100% tranparent and honest here. If it was a scam then they haven't scamed me

And they can't know your bank info through this process?

I found this info about BitMiner:

Seems they have some sort of loophole going in order not to pay people and they mine through you. Haven't researched the others yet.

Wouldn't want you to waste too much of your time, but I guess somone's got to experiment. You'll keep us posted.

I am using the website on my mobile phone (Samsung Note 8) and I have experienced no side effects or problems with my phone. I guess I will have to check my next bill to see if it has a negative effect? But so far so good good 👌

Cool. Well I hope it works out for you. I'm still too sceptical to try it myself.

My fear is that through my BTC address they can access my bank account information.

No. This is just not possible (if you do all things right)

I am almost positive that that is not possible. They can't access any information with just your Bitcoin address. And they can't withdraw anything either. They can only deposit. I am very cautious with my money and cryptocurrency, if I thought there was any risk I would not get involved.

RISK by itself is not very bad. Bad is to not understand it, and not to evaluate properly.

Ok, thanks for the info.

No problem @binkyprod 👍I wish you all the best. I will probably do a follow up post in a week or so with updates on how well it works or dosen't...lol. time will tell. 😁

I hope it does. It's brave of you to be the tester and let us all know what you discover.

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