Fleex: New Scam Cloud Mining - How can you still make money with it?

in #bitcoin7 years ago

Disclaimer: I do not advise investing in this site and am not doing so myself.

Quite a few months ago the scam site metizer advertised itself as a cloud mining site. It was quickly discovered to be a ponzi scheme and shut down, causing many people to lose their investments. If you don't know what a ponzi scheme is, it is a scheme that pays its users using the investments that other users are putting in, no cloud mining involved. Once the site stops being profitable, it will shut down without warning and run off with what is left, leaving many people scammed out of their cryptocurrency. Now I don't know for 100% fact that fleex is a ponzi scheme, it is very similar to metizer, so similar in fact that the ROI is the same, the referral system is the same, many of the pages are almost identical and the base language for the page is Russian. It wouldn't surprise me if the people who made metizer made fleex too. Now even though metizer meant that many people lost their investment, some people did turn a profit and there were two ways that they did this.

Using the site as normal

Some people were lucky enough to get into metizer early enough to still return a profit. The ROI was about a month and half, and the site itself was up for about three and a half months, giving them over double their investment in return if they invested on the first day. Even though fleex has only been up for 6 days now, we have no idea when it is going to close and strongly advise against putting any cryptocurrency into the site.

Referrals

Metizer and fleex both have the same, two-level, referral system. For everyone who signs up using your referral link, you will receive 5 gh/s and 12% of what they invest, then 5% of what anybody under this referral invests. Some people with large followings were able to amass a large amount of referrals, giving them thousands upon thousands of gh/s without having to invest anything themselves.

So how can you make money on this site without investing?

fleex.png

If we look at my account, which I have had for a couple of days now, I have 693.42 gh/s. You start your account with 100 gh/s which means that I have made 593.42 gh/s without investing anything into this site. Some of this has come from my mining allocation; I have 20% of my mining allocation pointed towards increasing my gh/s power, currently making me over 3gh/s a day. I also have 80% pointed at mining doge, which is almost making me 40 doge a day as of writing. But this 20% mining allocation isn't going to make hundreds of gh/s in a couple days. Let's take a look at my referrals.

refs.png

As you can see, I have had 116 people sign up using my referral link, which has given me 580 gh/s. None of these referrals have invested anything into the site and are following the same strategy as me, making more gh/s through referrals and not investing. If you want to also try out fleex and this method please sign up using my referral link (https://fleex.cc/ref/fatboyjames) to help me out.

I'm sure if you're well versed in macros there are add-ons that you can use to set up a macro that makes unlimited accounts while changing your IP address at the same time. Unfortunately I'm not advanced enough to make a script myself but if you are able to, more power to you, literally.

Withdrawals

withdraw.png

Finally, let's take a quick look at withdrawals. You are able to withdraw from fleex when you have mined, 0.001 BTC, 0.1 LTC, 1 USD, or 1000 DOGE. As far as I am aware this makes DOGE the fastest payout, cryptocurrency wise at least, and is why I am mining it. Even if I don't gain any more referrals, at the current rate, it will only take me 24 days from today to get a payout. So if fleex runs as long as metizer I should see myself getting at least on payout from this site.

Hopefully you found this post useful. Once again I want to say that I do not recommend investing in this site at all and think it is very likely that you will lose your investment. If you want to sign up and try out this method please do use my referral, https://fleex.cc/ref/fatboyjames, and hopefully you'll be able to get something out of it.

If you enjoyed this post do leave an upvote or resteem. Also follow me for more content and make a comment. I try to upvote and respond to every comment that I receive.

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You ever get that payout??

No I did not

Why didn't you,don't they pay out...?

It is very likely a ponzi scheme

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Great post! upvoted and followed you. I test and compare all the largest cloudmining contracts in a google sheet file. I regularly update it so everyone can get the best deal for their money at any time! I also describe all the criteria you should take into account before buying a cloudmining contract. If you are interested you can find it on: https://steemit.com/cloudmining/@circularitylabs/everything-you-need-to-know-about-bitcoin-cloud-mining-comparing-genesis-mining-vs-bitcoin-pool-vs-hashflare-vs-minergate