Vbit mining reddit ORDER Civil Action No. Just wondering if I’m missing anything. " See full list on scam-detector. 6M subscribers in the Bitcoin community. I know nothing about coin mining and was hopeful you could help me. Tech I & II Sem Reg & Sup (Honors & Minor) Revaluation June-Aug-2024 >> M. I was looking into hosting companies to lease a CPU where they set up the hardware in a warehouse with cheap energy and take care of all the “hard work”. View community ranking In the Top 5% of largest communities on Reddit Advanced Minning (formerly Vbit) Taxes We can maximize your mining efforts by offering a hosting service for your equipment at our US and Canada based data centers. Apparently, they're a China-based company that bought VBit Technologies for $105M. 95K subscribers in the BitcoinMining community. Posted by u/Wickoren - 14 votes and 4 comments Our Mission. US customers who earned more than what they originally paid to VBit/Advanced Mining will keep their earnings and must relinquish ownership of their mining hardware. The official bitcoin mining forum / subreddit / chat room / place to be! Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. Huntley. Feel free to share your experience with this company and how you were scammed. -based My tactic is farming Nerg endlessly, and I usually come across at least 2 blue mining outcrops during the run. Advanced Mining/VBit Technologies has been in business and for the most part, working without a hitch since 2018 catering to about 15,000 customers and housing approximately 27,000 mining machines. I initially was going to use VBIT but they’re sold out. 2. com Group to share information pertinent to the Vbit / Advanced mining scam. Hey Reddit, Thanks for taking the time to read. I was just curious if anyone had modified their Wave plus's to have 2 leatherman bit drivers and could show examples. Still, the price for GPUs became extremely high. Katie Vo served on 9/12/2022, answer due 10/3/2022. Cloud mining The bottom line here is to rent a mining rig that'll allow you to mine any coin. We operate some of the largest and most efficient mining facilities in the world, with unprecedented access to clean, cheap power and expert staff. Topics include bows, archery, woodworking, woodcarving, artwork and finishing, DIY crafts, wood selection, tree identification, history, archeology, experimental archeology and much more. , VBIT MINING LLC, ADVANCED MINING GROUP, Feb 15, 2023 · By ADRIAN KNOWLERDaily Inter Lake State Auditor Troy Downing has demanded answers from a cryptocurrency company with a bitcoin mining center in Columbia Falls accused of operating a multimillion-dollar Ponzi scheme. Anything & everything about VBIT, Ghatkesar r/vbit: Anything & everything about VBIT, Ghatkesar. May 12, 2025 · Email or mobile with country code. Tech Revaluation July-2024 May 2, 2024 · Filing 5 SUMMONS Returned Executed by LAWAL ETTAH re: Guy Irvis served Summons and Complaint upon ADVANCE MINING GROUP, VBIT DC CORP. Anything & everything about VBIT, Ghatkesar. A. They sell and host mining rigs mostly Antminers. What is a CMO? IMO it’s the proper title for a BTC Mining companies CEO. Look forward to the discussion. I reached out to Compass, Blockware, Frontier, Wattum and Vbit Minning (these guys never replied). 22-1482-JLH-SRF . Tech I & II Sem Reg & Sup (R19 &R21)_III B. When bitcoin prices dropped in early 2022, the companies could no longer sustain the scheme, and customer withdrawals were frozen. Really happy with Bitcoin mining through Vbit. Feb 14, 2023 · Scott+Scott Attorneys at Law LLP Files Securities Class Action Against VBit Technologies Corp. Hoping to expand in the future. " What the heck is that? Mar 31, 2025 · The plaintiffs alleged that the defendants engaged in “cloud mining” instead of providing dedicated hardware and used incoming funds from new participants to pay existing customers. 8K subscribers in the CryptoToFuture community. Log In / Sign Up; Advertise on Reddit I know about Compass, Print Crypto, Bolt mining, Simple Mining, Quotecolo, Blockware. At all relevant times, Sean Tu was the Chief Technology Officer of VBit Technologies, VBit Mining, VBit DC, and Advanced Mining. I believe BITF should hire Ben Gagnon. Jan 31, 2022 · Company Expects New Rapid Growth and Reveals New Plans Vbit and Advanced Mining Vbit and Advanced Mining PHILADELPHIA, Jan. 9K subscribers in the CryptoToFuture community. Beginning in or around March 2021, VBit Technologies, VBit Mining, VBit DC Hello everyone. Get the Reddit app Scan this QR code to download the app now. Has anyone had any experience with Advanced Mining which used to be VBit Mining? Trying to avoid the unfortunate experiences many have had with… Jan 21, 2019 · Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of VBit Technologies Corp. >>III &IV B. Is Vbit mining a scam? r/BitcoinMining • Qabu is the Vbit wallet u/jmusni: Retired RN before the age of 50. Just a quick notice, I wrote this article back at the end of April on Medium but am reposting it on Reddit since it's seemingly not being indexed on Google. The price and customer service is good. Serve Californians by effectively overseeing financial service providers; enforcing laws and regulations; promoting innovation and fair and honest business practices; enhancing consumer awareness; and protecting consumers by preventing potential marketplace risks, fraud, and abuse. , VBIT MINING LLC, VBIT TECHNOLOGIES CORP. , VBIT MINING LLC, ADVANCED MINING GROUP, DANH CONG VO a/k/a DON VO, KATIE VO, SEAN W, JIN GAO, LILLIAN ZHAO, JOHN DOE INDIVIDUALS 1-10, and ABC COMPANIES 1-10, Defendants. Ideally, you need to assemble a mining farm of 6-8 video cards with a power supply and an Internet connection. served on 5/9/2024, answer due 5/30/2024; VBIT MINING LLC served on 5/9 Posted by u/Few-Director-2545 - 4 votes and 8 comments We would like to show you a description here but the site won’t allow us. MINING LLC, ADVANCED MINING GROUP, DANH CONG VO a/k/a DON VO, SEAN TU, JIN GAO, PHUONG D. With the new Riot strategy of trying to get BITF farms basically in anyway possible. High-quality, non-speculative, filtered news about CryptoCurrencies. Any others? I know some are MOQ 5 and I'm looking at 1 for now. Do a whole route then go back to the beginning and repeat. Elon Musk fan? You are a Musketeer! Keep updated with everything Elon Musk and his companys… Get the Reddit app Scan this QR code to download the app now Sep 7, 2022 · "Many of VBit's salespersons in Washington had minimal experience with Bitcoin mining or cryptocurrency more broadly, and sold the packages primarily to other, similarly inexperienced persons by advertising the ease of using VBit's mining packages and the potential for substantial passive returns," regulators wrote in their 2020 consent order. by Certified Mail. Mother of 4. 22-1164-CFC-SRF ) ) ) ) At Wilmington thisÅh day of April, 2023, the court having considered the parties' We would like to show you a description here but the site won’t allow us. ADVANCE MINING GROUP served on 5/9/2024, answer due 5/30/2024; VBIT DC CORP. Prices are about the same as what I’ve seen online. 5. Sep 12, 2022 · A long-running pyramid mining scheme run by VBit is finally facing legal scrutiny as crypto scammers steal $11 million. I have 9 miners with them and 1 with Vbit. VO a/k/a KATIE VO, and JOHN DOE INDIVIDUALS 1-10, and ABC COMPANIES 1-10, Defendants. Business, Economics, and Finance. Forgot password? Aug 8, 2024 · Instead of mining bitcoin, the lawsuit states that VBit simply took new investors’ money and used it to pay earlier investors in the façade of successful mining returns. Jan 31, 2024 · VBit Mining, and VBit DC. GameStop Moderna Pfizer Johnson & Johnson AstraZeneca Walgreens Best Buy Novavax SpaceX Tesla 1 vote and 8 comments so far on Reddit 16 subscribers in the vbit community. Read the whole story. Looking to get into bitcoin mining but honestly I don’t have the technical skills to set up my own computer. No. MICHAEL EICHLER, and all other similarly situated individuals, Plaintiffs, v. So my father in law began to buy mining equipment and hosting from this company called vbit technologies. I've been a customer of VBit, mining with them since February of last year and wanted to get more information on Advanced Mining Group to update an article I wrote about my customer experience, but nothing comes up when I search for them. VBIT TECHNOLOGIES CORP. I started mining recently with vbit and so far, no problems. Only downside is you are going to wait. , VBit Mining LLC, Advanced Mining Group, and their Executive Officers – Lead Plaintiff Deadline is Reddit's friendly bow making community. I am proud to say that since its mining beginnings in 2015, Advanced Mining has dominated the “mining for itself” scene. The u/Bin_tahh community on Reddit. , VBit Mining LLC (Collectively, “VBit”) securities, which were unregistered in the form of investment contracts between January 1, 2019 and February 13, 2023, inclusive (the “Class Period”). With the market being what it is, that was a tight deadline. Multiple people love what he’s already done for the mining industry/ community and he’s a wonderful source of information for media outlets. Thank you Sep 2, 2022 · Filing 9 ANSWER to #1 Complaint, by VBIT Mining LLC, VBIT Technologies Corp. Best strat is obviously just to go on an expedition to Elder's Recess and mark any mining outcrops you find on the map. Earning bitcoin while I sleep and I can withdraw at any time into my crypto wallet. If I pay 10k for a s19 pro, I should be able to do what I want. The thing I liked about Vbit mining is their 50% down and monthly payments over a set time. At all relevant times, Don Vo was the Chief Executive Officer of VBit Technology, VBit Mining, and VBit DC. 4. As early as 2021, VBit began marketing to and contracting with Montanans for the sale Compass mining is legit. . I was able to transfer btc to my nano s ledger. VBit Mining Team. C. While we have been growing behind the scenes, lately, we have started aggressively expanding our services and acquiring successful crypto mining businesses across the globe. My personal experience using VBit Mining Technologies and due diligence on the hosted Bitcoin mining company. S. 23 votes, 13 comments. I was very skeptical also but got some confirmation from a friend that tried it. 6. (Golden, Ronald) September 26, 2022: Filing 8 SUMMONS Returned Executed by Morgan C. The biggest issue was that the miners had to be online by the end of 2021 for tax reasons. Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized… Expand user menu Open settings menu. Advanced Mining/VBit Technologies used an MLM pyramid-like system to attract new customers/miners. As far as Compass is concerned, My first machines will arrive in December, and the rest will roll out one-a-month till July 2022. " What the heck is that? Seems like folks that invested $60k + in their equipment (or whatever amount for that matter) might be losing their investment. Jun 5, 2024 · FOR IMMEDIATE RELEASE Montanans who invested in VBit Technologies, Advanced Mining, VBit Mining, and VBit DC Corp (collectively referred to as VBit) cryptocurrency-mining machines are asked to contact the Montana Commissioner of Securities and Insurance (CSI) by July 8, 2024. Dec 8, 2022 · A class action alleges VBit Technologies, Advanced Mining Group and several individuals engaged in a fraudulent Bitcoin mining scam that in reality functioned as “a massive Ponzi scheme. VBit Technologies is accused of selling unregistered securities, committing fraud and operating an unregistered multilevel marketing company in documents served by Downing’s VBIT TECHNOLOGIES CORP. Forgot password? Are we doing Crypto mining here? Reply [deleted] • Mini update: tomorrow’s my bday ️ ️ gonna be posting more as of tomorrow regarding new cosplays and art ive been working on :) love ya! May 12, 2025 · Email or mobile with country code. I met someone from a company called v-but at a crypto meetup. 63 votes, 18 comments. Reddit gives you the best of the internet in one place. 7. Date of experience : September 19, 2021 "As part of the potential pending settlement with the US SEC, US customers may fall under two scenarios: 1. 443 subscribers in the Elon_musketeers community. Help your fellow Redditors crack the electrical code. Vbit is pricier but you get the machines right away. In November I decided that I want to invest around $200k in hosted Bitcoin mining. 31, 2022 (GLOBE NEWSWIRE) -- Today, VBit Technologies, a U. If they can’t give me control of the rig then I will turn them down. They gist is you buy equipment and then they do all the hosting for you. (Veghte, Sally). We would like to show you a description here but the site won’t allow us. Password. Scan this QR code to download the app now u/Bitter_Deer3754. Welcome to /r/Electricians Reddit's International Electrical Worker Community aka The Great Reddit Council of Electricians Talk shop, show off pictures of your work, and ask code related questions. ️family. Talk bows and archery, share your creations, and get help from fellow bowyers. 15 degree Vbit: Drillpro 6mm Shank 15 Degree Vbit (can't find it anywhere except on Banggood) 1/8" endmill: Amana Upcut: 46100-k bit 1/4" endmill: Amana Upcut: 46102-k bit Software I use: Vectric Aspire (could just as easily use Vectric VCarve) Speeds, feeds and stepovers: These settings work for my machine, adjust for yours. But, I'm sure that it is a good investment, and I can make some money before they die. tldr; Advanced Mining has stopped all sales and withdrawals in the US due to a potential pending settlement with the US Securities and Exchange Commission. kjjjylh dcam jphi hxxjy asfbqx qofly bjc xcwedq harebso uxswg