Is coinsforall.io legit?


#1

Someone mining on http://coinsforall.io/#!/coin/ZCASH ?


#2

I do. I have some concerns but looks like admin (eXtremal) is responding and working on payouts right now.
https://bitcointalk.org/index.php?topic=1660023.msg16714784#msg16714784


#3

IMPORTANT: users have a lot of concerns about the coinsforall.io - it can be a scam (update: more likely not a scam after all), so please read the forum: https://bitcointalk.org/index.php?topic=1660023.1140


#4

Its seem to be scam for me. If someone get paid will be good but....


#5

On the website I got "payed out" but I do not see anything in my wallet.

It was the long z address.

Are there any minimum confirmations for me to actually see the balance in my account?

Or should I see it after the first block?

See here: http://coinsforall.io/#!/coin/ZCASH/wallet/zcfA19SDAKRYHLoRDoShcoz4nPohqWxuHcqg8WAxsiB2jFrrs6k7oSvst3UZvMYqpMNSRBkxBsnyjjngX5L55FxMzLKach8


#6

Theoretically, you should see it right away but we're just a few hours into the mining so we should expect a lot of bugs and uncertainty overall for a couple of days...


#7

I am, but the 0.1 minimal payout is a concern for me with my low hashing power.


#8

if the pool is legit then admin will be able to make lower the payouts from 0.1 to 0.01 for all old address (new addresses already set for lower payouts 0.01).


#9

Did he say he's doing that?


#10

He didn't say it, but demand is high and it is technically possible so > if he is legit then we should see:
1. Official confirmation/response on the forum
2. 0.1 to 0.01 transition for old address sometime today or tomorrow.
3. Payouts for "old" address

p.s. imho


#11

Yeah, this has no sense for me, I stopped mining until some payment proof and decrease min payout to 0.01 /0.001 for all users


#12

There are no payouts on that pool.

I got three so called payouts already: LINK

But there is 0 in my wallet...

Maybe a bug in zcash, but I highly doubt it :slight_smile:


#13

Looks like balance stop updating as well. For the last ~1h it didn't increase. Will monitor for a few min and will stop mining as well.


#14

I stopped mining there... until I get a confirmation from someone reputable that they got paid I am not going back.

Also not too excited about the high payout threshold.


#15

I also stopped, at this rate it would take me months to reach the threshold. And with no payouts anyways, what's the point?


#16

Turns out there were bugs in the code.

The pool admin is working on a fix now,

and also plans to decrease the payout threshold to 0.005


#17

FYI: Some good progress lately on the pool - admin has been responsive and working on some hot fixes. Check the forum.


#18

legit
20 bla bla bla bla


#19

yeah i confirm the admin said
" Working on hotfix: change minimal payout to 0.005 for all and rollback fake payouts, wait please."


#20

Anything new? How long do we have to wait to get the coins in our wallet?