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     7 years ago (edited) 

    Sounds like a scam or pyramid scheme type thing.
    Edit: Yeah, be careful when signing up for stuff like this. It's probably illegal where you are, it is where I'm from. I won't be participating.

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       7 years ago  

      Mining bitcoin is not illegal. No jurisdiction protects you from potential scammers. We don't know if they are a scam. Its absolutely possible that they have the hashing power. So far payouts are running perfect for 20 days now. If you look at genesis mining. They have been up for 2 years now.