AWS Mining

reiji

reiji

@reiji

 

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Seems like i'm not the only one who don't like AWS's referral program : https://cointelegraph.com/news/texas-regulator-issues-cease-and-desist-order-to-cloud-mining-company

reiji

reiji

@reiji

 

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103

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883

https://behindmlm.com/mlm-reviews/aws-mining-review-cloud-mining-unregistered-securities-ponzi/

reiji

reiji

@reiji

 

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103

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https://behindmlm.com/companies/aws-mining-served-securities-fraud-cease-and-desist-in-texas/

bilyonaryo

bilyonaryo

@bilyonaryo

 

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I think they have the right to do that such action to clear things out. As far as my opinion, AWS Mining is a crypto mining company based in Sydney Australia which offers CRYPTO MINING POWER as the service they provide for its client all over the globe. This Crypto Mining Power is the unit used to determine the power they will be distributed or given to its MINERS. This CMP also, is the basis of the bonus/rewards distributed to its miners as part of the team that shares to established the computing system to do all the transactions. And as we all know, we need more machines to do that transactions. Those machines are handled, managed, and owned by AWS Mining. Also to back tracked the record of Cloud Mining, a long time Cloud Mining company received also this kind of issue last March of this Year in South Carolina because of the same concerns and with collaboration of another entity. And in the middle of this year as well, this Cloud Mining company already won the battle and the Securities and Exchange commission lift the order. Its RARE. but its a benchmarked of a long time battle in the cloud mining industry. Whether we like it or not, we must realized that cloud mining is legitimate way to do business in the cryptocurrency industry. And without this datacenters we cannot secure all the transactions and it will caused delays and even slows in the network. I hope that this comment will be published and to enligthened each and everyone in the industry. Thank you and more power...

reiji

reiji

@reiji

 

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883

Hello bilyonaryo, you are right, AWS have a month to answer and maybe make changes to respect the Texas law. I have not posted these links to attack the company that is making undeniable efforts to show its mining farms, but to explain the reason for the doubtful status. The affiliate program in the form of multi-level marketing worries the authorities because this kind of program has already made a huge number of victims.

bilyonaryo

bilyonaryo

@bilyonaryo

 

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But we must realized why and how the affiliate program works for AWS Mining. As we all know, Mining industry needs regular improvement and innovation to cope with the day to day operation. As well as the machine right now has been easily to become obsolete. As you can see, genesis selling strategy is same as affiliation but the difference is that, Genesis does not give the big bucks to the miners instead they utilized it in the mining power. AWS Mining has given its clients/miners the chance to monetize thru crypto currency instead of 100% mining power for them to have real income by its affiliate program. Its not only AWS Mining uses the affiliate program in the industry so to increase its margin in the world. Also the fund paid for the CMP used to increase the Hash Power or mining power of AWS Mining. Right now, AWS Mining has 8 Mining farms and most of the farms are 100% full. They still expanding in the large area of RUssia and China and Paraguay. I hope, we must study the totallity of AWS Mining not just the strength of its Affiliate program. Many program, collapse because of no physical business backing it up. So to minimize confusion of people we must say to ourself that we must try to start atleast 0.1cmp to recognize what we are flag as ?doubtful?. Thank you.

Rikko

Rikko

@Rikko

 

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0

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1

This site needs to update their files. AWS Mining is probably in the top 5 Mining companies in the world

AwsPakistan

Hammad Mughal

@AwsPakistan

 

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9

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87

lol

AwsPakistan

Hammad Mughal

@AwsPakistan

 

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9

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87

yes bro

AwsPakistan

Hammad Mughal

@AwsPakistan

 

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9

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87

if anyone said that you cant withdraw from awsmining or my coin deal so you can private message me because here we can only attach one photo at a time

reiji

reiji

@reiji

 

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103

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883

In two weeks you made 187.5% with AWS ? It must be thanks to their great affiliate program.

AwsPakistan

Hammad Mughal

@AwsPakistan

 

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9

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87

@reiji their affiliate program is beast

reiji

reiji

@reiji

 

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103

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883

The affiliate program is the thing that makes me say AWS is highly doubtful.

AwsPakistan

Hammad Mughal

@AwsPakistan

 

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9

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87

Lol its just a referral bonus and team bonus

AwsPakistan

Hammad Mughal

@AwsPakistan

 

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9

Followers

87

yeah indeed

reiji

reiji

@reiji

 

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103

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883

Hello DroopyCee, thanks for your detailled comment. We have no proof of scam and that is why AWS is classified as doubtful. Why a company would offer so many affiliate bonuses, why is it mandatory to have a referral to sign up? All the ingredients of a pyramidal business are there. Given what are the majority of cloud mining sites, it is best to be suspicious and warn people. Then, everyone can choose to take the risk or not.

AwsPakistan

Hammad Mughal

@AwsPakistan

 

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9

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Reiji Other companies do marketing bu themselves they invest money in marketing but AWSMining giving that money to their people who are working for them so forget your bad concept and accept this legit platforms or people will call you paid people because you guys already spread many negativity about AWSMining'

reiji

reiji

@reiji

 

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103

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883

I "spread negativity" about World Mining 5 months ago and did not regret it viewing how it is now. My doubts are based on experience and observation. I may be wrong, only time will tell.

DroopyCee

Droopy(It what people real people call me.)

@DroopyCee

 

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You don't need a referral to sign up. Here try this is not an affiliate link it is just a web address: https://awsmining.com/ . People need to fact check their statements before they publicly post them. You are allowed an opinion but when they become easily provably as false they move from the opinion arena and into the play of slanderous comments. If you don't want to fact check yourself you can be sued for taking such things public. Perhaps you should read the last part of Cloud Mining: Avoiding Cloud Nothing. The last thing I wrote speaks of being the misinformed finger pointer.

AWS Mining has the affiliate program because you can not run ads on many ad networks like Google and Facebook when you are associated with cryptocurrencies. People in such industries must find another way to market themselves. Instead of spending thousands even hundreds of thousands to millions on that they can turn to affiliate marketing. AWS Mining seems to have given that expense to their users as an incentive to take the risk of investing time and money into promoting the company for them. Saying that makes AWS Mining a possible scam is like saying your job is a scam because you make $50,000 a year and invest nothing but your time and efforts. You don't have to invest a penny and most jobs pay out for years if not a lifetime with retirement.

I believe many people are just unaware of how much money there is to share in a successful business as the 1% tends to be greedy with payouts. AWS Mining appears to simply be treating and paying their affiliates as actual partners and perhaps giving them the lions share for being the cause of the income. I am not saying I know this is the case but it makes sense. Sure they are paying out better than a bank but that is because there is more risk and something is actually being made besides debt. At AWS Mining people are actually making money in a new industry with no guarantees.

A bank merely juggles money around and is sort of a well structured Ponzi that gets a government bailout when the Ponzi is about to fail. Banks are a scam.

AWS Mining beats the bank's payouts due to the fact that they MAKE money. It is easier to give money to people when you MAKE it like AWS Mining claims to do and really your not guaranteed to double a thing with their contracts. 200% ROI is simply one condition that can cause a contract to end. If your contract goes unprofitable for a spell it ends and you have what you have.

The payouts are reasonable and believable amounts at a rate you would hope for and there is nothing wrong with that. I would have done better investing in Dogecoin though.

The affiliate commisions are comparable to Airbnb, Uber, Lyft and other share business. Is Amazon a scam for having one of the best Affiliate programs in retail sales??? Well, they have been around a while and paid out millions..... let's just call them doubtful because who the heck pays the people that make their business work?? Doubtful that would be a good strategy for a business to follow. It is to Mary Kay and Scentsy to work, I'll drink a cup of coffee to that, oh those yes they are nice I got them from Kerby and those oh Cutco. There are actually tons of business that people seem to at times think are scams but that is just when they couldn't get it to work for them. They work well when they work. People earn good livings with them. Affiliate marketing can look rather top down but they have an end. The structure stops at a point and regrows in a sustainable manner. It is a real business model that people misidentify all the time. They work though. I can't get AWS Minings Affiliate program to work for me. It is not a guarantee. You have to have some luck with efforts. Sometimes despite your efforts thing do not work out. I referred 375+ people and just one invested the $40. I have been plenty successful with other things my Cointiply has over 200 active referrals. Same with my Cryptotab.

I am happy with the mining service I bought though, and that was what originally attracted me to AWS Mining. The Multi-crypto mining with one contract that had a ROI based termination as opoosed to time based. I thought hey here is a Cloudmining site that has the customer in mind as more then a way to pay for the equipment they plan to mine with. The structure of them hit me as friendly and smart. Someone looking at things from a customer standpoint, so I bought some CMP to try it out. I still would.

Cloud mining is for sure a risky sector to invest in. That being said NetBusinessRating needs to be careful what they allow people to say about successful companies without proof. It is irresponsible, damaging, and based on opinions that are easily provable as false. That is a slippery slope. Speech is not so free when it is false and cost someone else a bunch of money. I would be sure to research a little, speak from not getting paid or suffering a personal experience of loss to be sure I am stating facts if they hurt a business. People are not as free to have opinions as you may like to think. You are not allowed to use things that are not true to publicly hurt the image of a company or person. It really can be viewed as slander. It most likely would not but the disgruntled company could hold someone liable to that.

Ratings need to have some backing besides a paper written by a person that sounds to be irritated the affiliate program did not work for them or are perhaps trying to use the popularity of the site to shine the light on themselves a bit. You could profit from that while appearing to be a "good guy". If you know a thing about affiliate marketing you would understand that. The generated traffic and publicity would not hurt a thing. I wonder what they do promote. I mean if they are the head of a bitcoin group no doubt they promote something and could benefit from some free eyes. When people want to say hey look at them, then look at them too. Try to see what the benefit is to them to point someone out as bad and what they are up too. It may make you pause and say hey wait a second.... ewwww. That was gross of them. Let me read that again. Yup, that was not written for us he wrote that for him.

I would also like to state when I say AWS mining is or does a certain thing, I mean to state that these are the claims made by the company. I do not know. I honestly think there could be a mix of things going on. But raising capital in a sustainable way to grow their mining operations is one I think may be going on. I think they do mine for sure, setting them apart from many cloud mining sites. Could it be an outright fraud... yes. If it is they did a good job structuring it to last and payout a lot of investors. I think whatever they are doing there are some good intentions behind it. I still think there is a good chance there is a large amount of crypto mining going on or they at least have friends that mine a whole lot. Or they found a way to make equipment look like it is working when it is not. They for sure did not just take everyone's money and run right away. If it is a scam and it may be then they fooled at least 51% of me. So far I will admit cloud mining has paid me out a negative few bits. I was like geez am I dumb when I saw SunMining when I invested in it. Really I found a button that paid a bit much when you quintuple clicked it. I was like hmmm with no records to check then tried again... and for sure hmmm. That is a whole lot. I emailed them and got banned for it they took it all, thousands invested and reinvested. $50 a day about. I screamed pretty loud and the next day the Sun did not make it out to play. It was not slander because it was all true. The only thing fake was that I reported it. I did not. lol. That was all hot air. It scared them though cuz poof they were gone. Proof. Oh well, we did not really get along in the end anyway. All I did was click their button and it paid really well. No records to backcheck... I took that as a bad sign too. That button paid well though. Just had to click super fast...poorly designed by scammers I guessed. But for sure cloud mining scam, it should be if you said that about them all you would get an A+ but there are a few that are real..... I think. But I agree, they often stink. AWS Mining seems to be legit(cross my fingers (wink) at least I hope so cuz I won $1350 at Freebitco.in and invested $1200 of it in them). Check out my Top-page! LOL. | Edit. : 04/10/2018 17:44:54 | Edit. : 04/10/2018 17:46:22 | Edit. : 04/10/2018 17:52:02

reiji

reiji

@reiji

 

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103

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883

Wow! Thank you sincerely DroopyCee for your huge comment, built and honest.

To begin, I'm sorry, I tried twice to register with the link you give but it's impossible if I do not enter the name of a sponsor. Can you do it? And when I wrote that the first time, do you think I did it without checking? I really look that stupid? ;)

It does not make sense to use the "job is a scam" argument. In your work you are paid for what you build or the service you give. The added value is obvious (most of the time ...). As for the banks ... I personally think that the world financial system is rotten, but it does not have much to do with the subject that interests us.

When developing your network and promoting AWS becomes more important than the core business, it's not healthy. That some users earn a majority of their income through sponsorship is normal but AWS puts so much ahead of the possibilities of the affiliate program and the tools to convince new users, I find it fishy. Businesses in which promotion erases the product always end badly. It is not seen by just visiting the site but once you are registered it's really the impression that I have.

And that's where we meet. I really enjoyed your last paragraph where you express your doubts sincerely. Investing in cloud mining is risky, the vast majority of sites are scams. Some obvious, others less easily identifiable. In these cases we can only rely on our impressions, our knowledge of the crypto ecosystem and our experiences. My doubts about AWS are based on these criteria and are only my opinion. I could be wrong and I often wonder if this is not the case when I post my opinions, whether on AWS or any other business.
I think I showed my good will by increasing the rating of the site that was classified as a scam. I have accepted to consider the Nigerian guy's article (and the article on which it is based) as not being strong enough evidence when it asks interesting questions and the only argument against it is that he has his own business to defend (a bit easy as justification, no?).

I thank you again for taking the time to write such a detailed and constructed opinion. I would like everyone to do the same rather than launching free accusations of bribery... | Edit. : 04/10/2018 23:00:52 | Edit. : 04/10/2018 23:01:33 | Edit. : 04/10/2018 23:11:05

DroopyCee

Droopy(It what people real people call me.)

@DroopyCee

 

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Well. I would try but signing up twice would be dishonest of me. I understand whatyour saying about the network seeming to be of the most importance if it was. I have made nearly $267.88 of which $4.08 comes from referrals I spent $40 to obtain. I guess it can be the main part of your affiliation with this site. It is that was with many sites though. Like again with Amazon, people usually choose to be affiliates or vendors. Perhaps some do both but if you provide paying traffic to the site and that is why you started working there I see nothing wrong with that. I understand amazon dosen't have the whole team of affiliates going but afilliate marketing is a big cut of their promotional budget. They do this even though they can advertise wherever they please. I am just saying to get a $100 bonus you need to drive a $1000 paycheck to the site. They take 20% of the mining from that too, so their money producing resorce just becomes shared it is not really gone. It is like they got to liquidate the asset in order to reinvest while still keeping 20% of the equipments mining capablity. It just seems like a strech to say the network is the most important part when I have none and am satisfied with what I have made. If you read the terms and condition you would know the policy on using the referrals plan as a promotonal tool to sign people up. You can actually have your account banned for it. You must use the mining contracts, and the service of mining to produce referrals. It is clearly stated.

AwsPakistan

Hammad Mughal

@AwsPakistan

 

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9

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87

wow great bro

AwsPakistan

Hammad Mughal

@AwsPakistan

 

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9

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87

indeed

AwsPakistan

Hammad Mughal

@AwsPakistan

 

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9

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87

nice

AwsPakistan

Hammad Mughal

@AwsPakistan

 

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9

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87

yeah bro i agree :)

lucky31

lucky31

@lucky31

 

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You are furious because you can not sponsor pigeons anymore. We protect our members against scams. Currently AWS and like World Mining ie a scam that does not have a correct business plan. Mining is not profitable as AWS claims...