Crowetic's "WorldMine" - Lets Analyze its Performance (Exposed)



  • Woah, i must say this is indeed quite shocking, but i kind of experienced something as well as I invested a lot in uniburst initially, at that moment it was like 400euro worth of burst, and the payout each week was about 2euro. I have a gpu mining rig as well and figured one card made this amount in a day, day and a half, or so at the time(max 2). Where were the other 5?. Now i am not sure about the calculations or anything as i havent checked that, but i did feel it was a rather low payout. Got out of the asset some time ago so cant really be bothered anymore, but its still really shocking if its true. Wonder if we can get a statement, or someone else to crack the numbers?



  • Very freaking interesting. Thanks much for your research.



  • I can't wait to get out of crow's assets... all of them have been a waste. And I only invested in the early ones.



  • @falconCoin Yes I could make a part list of what I got. I'll try to do it tomorrow if I remember.



  • What you get for trying to get people aware of this: 0_1493603722875_upload-dcef42a3-2aa6-4021-9fc5-d97476cd3b0b

    I guess this guys right, I don't understand burst even though I have made a beginners guide to how burst works and have exposed many asset scams in the past. I also don't get what a Gpu mining farm asset is even though I have a rig myself lol. If crow is so busy with the assets he runs, why does he start another one every other month even though he is still trying to finish the previous one? And instead of banning me saying that my math is way off maybe you can tell me whats so off about it??? I have already messaged him about this before on the blockchain and he has failed to respond so this is why it came out this way.



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  • @stupendelious sweet thanks!



  • @stupendelious said in Crowetic's "WorldMine" - Lets Analyze its Performance (Exposed):

    If crow is so busy with the assets he runs, why does he start another one every other month even though he is still trying to finish the previous one?

    Yes I think this is the root of the problem. With the work needed to get BN up and running, the Asset consolidation work, the massive amount of work on the infrastructure in two locations and all the usual family commitments it's all just too much for one person.

    Under normal circumstances, whether your findings were correct or misguided, Crow would have responded to your post, there would have been some healthy discussion, we would all have learnt something and a consensus would have been reached.

    However these Days I am afraid you have been hit by the one rule for the "Elite" and another for the rest of us. They can discredit and trash anyone they like but if we dare to question then the solution is a Ban. At least it's a short Ban so you have a second chance, however beware you are judged by both what you post on BN and here.

    Rich



  • Yes. as mentioned in your ban message they tell you to take it up with crow first. I think that's a good idea and see if he can offer you a well established explanation before we go and 'ruin' his asset here. I do agree the numbers are off, but maybe there's something else going on that hasn't been considered. Just like what happened with BTCDragon, which was an unjustified attack which sparked a major volume decrease for no real reason.

    We are still family! even though both forums see each-other as those annoying uncles that you feel disgraced you share a bloodline with.
    ah well, I'm curious what you'll find. keep us updated!
    Thanks for your research!



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  • 0_1493664847051_e90b24b2d7aa3546e78d3c4b562af3d0.png

    0_1493664859261_3825b102d2ab7e3e9ef6218a3c97542e.png

    that is what he said in his thread, and plus not to go against your evidence, but in my opinion I like worldmine and its no power concept



  • @HiDevin said in Crowetic's "WorldMine" - Lets Analyze its Performance (Exposed):

    0_1493664847051_e90b24b2d7aa3546e78d3c4b562af3d0.png

    0_1493664859261_3825b102d2ab7e3e9ef6218a3c97542e.png

    that is what he said in his thread, and plus not to go against your evidence, but in my opinion I like worldmine and its no power concept

    Could just be me, but I don't see how these few lines of text would change the accusation? the numbers still don't add up. Who the investors are is completely irrelevant to the total sum of profit made?

    Edit: I thought about his statement for a little as it seemed really off to me. maybe what he means is that 25% of the total mining operation was put into the million asset shares and that those resemble the 25% of the entire mining operation, ergo the 4 times lower payment (as it is 25%)? It's definitely not what he said though, and if it is what he meant I think we should look at the profit made from the asset sales and compare those to the total mining hardware.

    Either way his reaction seems off to me... not sure what you guys think?



  • @keyd0s my two cents, really to me, i think worldmine is a great asset, and it did say in his OP that 25% of the farm would be released to the public.
    Crowetic is a really trusted guy to me, im not saying your wrong, but to me, I think he's pretty right about this. :P

    ( do i get flamed for saying this? hope not :P )



  • @Bitdv Yes I have heard of this before and like its concept a lot. I am not really getting revenge for anything, I am just using a completely number based argument against the asset. I really don't mean to bring wrath against crowetic or become enemies with him (although I know doing this would undoubtedly create enemies). I really just wanted to show numbers that I got and let people be aware of how low paying this asset really is compared to a theoretical asset that used all its funds for a GPU mining farm. I am happy to be able to inform uniformed investors about this asset's dividends and hopefully save them money. Let the investors decide how they want to take this.

    @HiDevin To respond to what he said: "Get in to a great operation at the ground floor, while at the same time helping to further a large relationship with BURST and a new partnership! Don't worry about paying fees for running your own miners, grab some of WorldMine asset, and collect dividends without the hassle! Don't worry about managing your own hardware, let us do that, you simply reap the rewards. :) Thank you and enjoy!" - Crowetic from the announcement thread. He led this asset to be a mining asset where you will get the same rewards as mining yourself, and supposedly even better rewards because running cost would be dealt with by his outside investors into the farm. It is far from that to say the least. I don't care if he tries to explain that the low dividends are caused by percentages going to different place and saying that the farm was already built from the beginning. He is not doing investors justice by running a GPU mining asset that pays this poorly compared to what it should be if the investors funds were actually used to buy equipment to mine with.



  • @HiDevin And to this second post, I respect whatever opinion you have about his asset even if I don't agree with it. I've seen you around this forum and I think your a great guy :) Happy Bursting, Don't worry, I only do post like this to asset's that deserve it :P



  • @falconCoin

    This is close to exactly what I bought except for a couple things that I would obviously change now from when I bought the rig.

    5x MSI Rx 470s
    1x EVGA 1000w PSU
    1x Gigabyte 5 PCIe Motherboard
    1x 4gb DDR3 Ram
    1x FX-6300 CPU
    5x PCIe Risers
    1x 320GB HHD - You could also use a drive that you are mining Burstcoin on as your main drive!

    Case was built by myself with some wood. It was very easy and can really save you money to do it yourself.

    I think this is everything. I got a pretty good deal on the GPUs so I would definitely look around a little before you buy those for a better deal than shown here. I think anything under 180$ for the 470s is pretty good.

    Once you get everything, Gpu bios modding is definitely something you should do. It does not take that much time and makes your performance soooo much better. If you end up buying these parts you can pm me on help on bios modding and Ill help you out haha

    Here is mine:
    0_1493694291898_IMG_0218.jpg

    It mines Burstcoin, Ethereum, and Decred With 17.2 TB, 145MH/s, and 2100MH/s respectively.



  • 0_1493694640394_upload-4179ba5d-ed84-4653-b799-89bfae7fa5a7

    I own 121 shares and this is what my dividends look like weekly. I think i received as low as 16 and as much as 42 over the last few weeks. i dont own many assets but i do appreciate a weekly dividend.



  • @stupendelious I wasn't having a go at you all mate, i dont know the numbers and i was really refering to the ban, i havent looked at the numbers i did own some , wasn't happy with the returns so got rid of them , as every trader has there own opinion on there own trades , you could be right? honestly dont know



  • @stupendelious wow what sort of money you making daily?



  • @stupendelious , ilike you a lot man, so i'm going to lite on you this time.

    Please do your homework properly. As fancy as those numbers are and your math is brilliant (i mean it) , you are forgetting a very important aspect : both worldmine and uniburst started as private assets and SOME of it was also released to the general public. Crow isn't selling one asset after another, in fact he is giving people the oportunity to get in on ALREADY FINANCED PROJECTS. i think uniburst alone had 75k dollars financing alone before it even bacame an asset :D

    Is he way behind on building the rigs? Hells yeah!
    But ask yourself why that is. Do you have any idea how many hours per day that man wastes talking to people? People like you and me that have questions and he's available all the time and open to everyone. That's why he's late.

    If it's of any help, have a look at a joke video i made with him showing and explaining all he's building :

    So again, with all due respect for your research and apparent vendetta.. you are very wrong.


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