Cointellect Mining Pool performance back to normal?

Some users are reporting Cointellect Mining Pool performance are getting better than the last three weeks today. Users are saying they don’t see much Not Responding, Waiting For Work, Pool Interupted, Disconnection and so on.

The bottom line is after three weeks of Cointellect Mining Pool problems, it appears that at least today it’s back to almost normal, just today that is, who knows about tomorrow, or the next day or the day after that. Only Cointellect owner would know when they will manipulate the Mining Pool again.

The reason for Cointellect manipulated the Mining Pool or manually interrupted the pool, or causing problem so members cannot connect to it or mine on it, resulting in very little to no earning at all for miners. The reason for for manipulating low earning to mining so members can look for alternative at Cointellect offers, which is the mining contract, as cointellect already stated mining contract not affected by Cointellect Mining Pool, which is strange and questionable, this only lead to members knowing what cointellect really want you to do is to buy mining contract.

Mining contract at cointellect it had became transparent to many people as sort of a ponzi scam or HYIP. Let face it, Cointellect do not want you to mine with your own equipment at cointellect mining pool, even though Cointellect don’t admit it, don’t want to say it, but for sure they don’t want you to mine, they want your to spend on mining contract, as that is how they make money off of you. I will be surprise if Cointellect Mining Pool will stay consistent in the next month or two, most likely there will be trouble and issues off and on continuing just like the past three weeks, cointellect will repeat this problem to force members have no choice but give up mining and purchase mining contract.

Prove me wrong Cointellect! can your mining pool operate without issue like the past three weeks for these next few weeks? Prove that your Mining Done Right slogan is true.

Some information about Cointellect

Thanks to an anonymous tips. I did some research to confirm also.

Cointellect official facebook page is https://www.facebook.com/JoinCointellect

Cointellect official twitter page is https://twitter.com/cointellecthelp

Any other websites or social media websites you come across might be just another affiliates page just want to make money off you by referring you to cointellect, so most likely these affiliate website will always talks positive a way to get you to invest under their referral code.

There is some connection with CryptoPay and Cointellect, as I’ve checked and that 10EUR is the key amount. Although I cannot confirm at this point on what kind of relationship does the two have, but for sure it’s an exchange partnership and perhaps a contract as well.

As many people already aware of the Cointellect Mining Pool problems, it has became transparent that Cointellect are causing the mining pool problems on purpose to deter people from mining with their own equipment or miners. Cointellect want you to buy mining contract instead. Indeed behind the scene of Cointellect might be HYIP project but could survive a bit longer than others.

Thanks again from the Anonymous tips in regard to Cointellect. 🙂

Cointellect Facebook Name isn’t an official cointellect support person FAKE

I was reviewing one of the forums that talks about cointellect and notice a post link to facebook Cointellect.Mining.Pool with this comment posted by Cointellect FB name.

I would like to know from you dear shibes, do you think i am doing a good job by being an unofficial Cointellect supporter, write you opinion in the comments and just maybe CoIntellect COO will consider hiring me!

It turns out this person with name Cointellect is simply affiliates person, or so we thought, we don’t really know. Cointellect really getting suspicious. The official website of cointellect is cointellect.com What are all those others social media websites, blogs, and domains? Are all those other websites that talks about cointellect pretending to be official cointellect are now all FAKE? So in the end the official cointellect website can say they’re not holding accountable with what others sites say since it’s not officially cointellect website?

Cointellect Mining Pool continue to have problems heading for third week

Anyone whom mined at Cointellect Mining Pool over the month, would likely to know this pool isn’t working, there’s all kind of issues with it. Cointellect Mining Pool started working properly then boom, it’s up and down, then getting worst disconnecting miners, not responding. For those that lucky enough to maintain the consistent connection will simply sat there and waiting for work from pools for hours and hours and sometime 12 hours and 24 hours and sometime just freeze.

Bottom line, Cointellect Mining Pool isn’t working, it’s better to point your miners elsewhere. Cointellect official website given no updates on what happen to mining pool ever since the problem started. The only news update were from FAKE cointellect support person name Cointellect facebook whom had been trolling and pretending to be Cointellect Support know it all Cointellect person. Well it turns out he’s a fake, not an official Cointellect support person.

In regarding to Cointellect Mining pool, the official website isn’t publishing any news or updates on when mining pool problem will be rectified. Only affiliates members published news are simply a generic news email probably copy and paste or modified with no detail, saying “we’re aware of the problem and working to resolve” Yeah for 3 weeks? not resolve, not improve.

For close to 3 weeks already, there isn’t any fix, if not worst performance from Cointellect Mining Pool. This is an enhancement version of running HYIP, making, forcing members to have no choice but either drop of mining pool go elsewhere, or join cointellect by sending them money and hope to get it back, chances are you will get back a little bit so that you can see it work but chances are also you will reinvest all, and eventually you will loose it all.

If Cointellect Mining Pool don’t fix this pool issue, it is clearly Cointellect is HYIP, manipulating members into investing money buying contract, because members have no choice, since cannot make money from mining.

Cointellect appears to be paying dogecoin with long delay

It appears that many people confirmed that cointellect did make payout but very long delay, however there are some people still reporting not getting paid for days and gone missing some how. There’s also one person showed that he got 46Eur earning and submitted payout, but the screen shows it’s there pending, then the next day it disappeared from the statement, seems like it got deleted, in this case the person said Cointellect stole his earning. Wondering if he contacted Cointellect for this issue.

Cointellect also saying they’re overwhelm with email to support team, although they said clearly that any question just email them, well they get what they’re asking for. A professional business should say, if you have question please check our FAQ, if you still can’t find your answer then email our support email.

So far I don’t see official forums or chat room support cointellect, just email support and a lot of social media account and I don’t know which cointellect social media page are the official Cointellect site.

Cointellect mining pool still down for over 2 weeks and continuing

Let face it. Would you trust a business calling themselves mining done right? but their mining pool been down for over two weeks. Ok, so maybe not totally down, but it’s up and down, up and down, disconnected, waiting for connection, not responding, waiting for work, rejected work, freezed user’s computer crashed and many more. That’s Cointellect Mining Pool for you whom called themselves mining done right. Well today, or for sever weeks already if not the beginning, Cointellect Mining Pool been done wrong. All cointellect want is trick you in the mining pool to see the profit, then get you into the contract mining by paying them money.

Cointellect mining pool, for those that run mining pool would know that 24/24 monitoring is required, if it’s down, it can be reboot to bring it back up again. If mining pool have issues, fix it and bring it up again within several hours the most. If mining pool have bandwidth problem, then get more bandwidth, should take more than a day. If mining pool beyond capacity than the current hardware can support, upgrade to a faster hardware, should not take more than a day.

So what is going with Cointellect Mining Pool? only one answer that makes sense at this time. If Cointellect continue to have problem with the mining pool and still hasn’t publish any news regarding and specifically to the mining pool problems for over two weeks now, then it’s very much obvious that Cointellect is up to no good. What mining pool owner don’t let the users community know what’s going on with the pool specifically, whether it’s ddos attack, software issue, hardware issue, capacity issue? but NONE, nothing that Cointellect published in their news that mention about the mining pool issue, other than support email saying we’re aware of the problem and working very hard to bring it back up normally, for two weeks already and it’s still the same, and getting worst. On top of that, people are reporting missing earnings, and others have earning that got delayed for 12 hours 24 hours and days.

Bottom line, Cointellect mining pool done WRONG! not right. It’s transparent now that cointellect isn’t a real business they say they are. I would high recommend people to research carefully before investing on Cointellect mining contract. Forget about mining at Cointellect Mining Pool, you better off mining elsewhere, like multipool scrypts. If you mine at Cointellect you will see that it’s giving you more problems monitoring it than making money from it. I still have hope for those of you who invested in mining contract that you at least get your money back as ROI, don’t expect profit, if you did make profit, DO NOT REINVEST, because you will loose it all. For those that mining, highly recommend to mine elsewhere until Cointellect make some kind of specific announcement in regard to Cointellect Mining Pool, what happen and when will it get fix, very unprofessional business calling themselves Mining Done Right.

Lastly, I would like to share that Cointellect is a Turnkey company, which has many sub business operating similar to HYIP. I got this information from a known source at reddit.

cointellect scam miners to buy mining contract by causing mining pool problems

cointellect scam miners to buy mining contract by causing mining pool problems

Cointellect mining pool done wrong!

Many people whom joined cointellect to mine will most likely get discouraged. Cointellect minig done right? ERRRR WRONG! Cointellect slogan should change to Cointellect Mining done wrong!

For the past couple of weeks, cointellect mining pools disconnected miners anytime it want to and reconnect will yield same result, cannot connect, timed out, mining software crashed, or mine for free. There is no way around it, except to buy mining contract from cointellect. All these trouble with the mining pool tied to cointellect want you to pay them money, cointellect wants your money in their pocket.

All these time Cointellect mining pool were simply a gimmicks giving you $10 free, not free if you killed your computer or pay for electricity. The gimmicks eventually get you into paying cointellect money, not you getting paid. Hopefully many people are realizing this now, not falling for the tricks cointellect have more to come.

Cointellect is no different than coingeneration.com ipuservices.com and many more. It’s getting more clever. Cointellect is a much clever than its previous scammer such as coingeneration.com although coingeneration paid a larger payout than cointellect with only $10, coingeneration.com used to pay $30 free. In any case, coingeneration.com already turned scam many months ago. Cointellect up and running probably same month as coingeneration.com started, in April and fall apart during Holidays weeks, and after that just stories teller, making up stories taking full advantage of whatever situation available.

Members whom had been mining at cointellect using their CPU, GPU, ASIC, might want to turn it off now, you will not make any money because of the mining pool issue will disconnect you or connected you to mine only 10 cent a day or nothing at all. You will be wasting more money on electricity than earning with cointellect. Yes, many people earned good money with cointellect few weeks ago, but not now, and not ever anytime from now on because the scam started. The scam transparency had started for cointellect.

Cointellect discouragements

By now anyone whom been into cointellect would noticed many changes, many problems, and I hope people thinking of cointellect better do their homework. Now especially for the Bitcoin Expo 2015 indication of Cointellect as mining sponsor better check the background of Cointellect and current activities before accept cointellect as its mining sponsor.

Cointellect been having too much problems with mining pool. Then now with payout earning not being paid or paid very slow 12-24 hours and sometime missing payout.

Cointellect goals appears to be discouragements people from mining with computers CPU, GPU, ASIC or whatever equipment user have. The discourage became transparent when cointellect published news and support responded posted all over the internet indication of mining pool problems continue to not working, but contract mining not affected. Another indication of discouragement cointellect members is asking users to buy contract, the profit is more than mining, mining appears to be a gimmick for members to buy in the contract to trust that’s its legit.

Cointellect appears to be loosing investors, as a result cannot keep up with the payout and has to resort to alternatives strategies to get more investors or somehow to limit the payout by increasing the problems with the pool indefinitely, it’s one of the way cointellect are doing to not paying or limit payout up to half or less or none payout, so the blame would be on mining pool.

 

Cointellect having too many issues now

Let jump right into the latest issues with cointellect. I’ve came across too many negative reviews in regard to Cointellect. There are positive reviews about cointellect, but those reviews are by Cointellect affiliates just want to get the 10% commission.

  1. 30% fee is on going, no, it’s not 20% to 30%, it’s 30%, never was 20%. No, it’s not just the Holidays, now officially on weekends as well. Who knows what other days will be implemented. Cointellect rules changes overnight nothing anyone can do about.
  2. Continuous mining pool issues, included permanent disconnected, not responding, rejected share, waiting for work and so on. Not only Holidays, Not only on Week ends, now also week days business days.
  3. Cointellect started to have ongoing issues with earning payout. Cointellect payout are now super slow more than 12 hours to over 24 hours, some even reported that never got the payout. Cointellect know the issue? well fix it instead of littering the internet with cointellect advertisements and trolling. Sounds too familiar making excuses for not being able to make payout earnings.
  4. Cointellect favorite statements. “contract mining earning and withdrawal are not affected” yeah a nice way of saying buy the contract or should I say trick members in buying a long term contract. “cointellect mining contract are more profitable than mining with your computer”  or what cointellect really mean is, we trick you on mining with your cpu gpu and asic so you can see mining at cointellect is 100 times more profitable than mining on other pools, but don’t be surprise if you got tricked into buying the long term contract and loss your money, keep on reinvesting is a bad idea with cointellect.

Bottom line, cointellect appears to be transparent now toward HYIP. In other word it’s a HYIP scam methodology with enhancement much more advance than coingeneration.com scam, although the two might be linked.

cointellect fake data center dc.cointellect.com looping video overlay webcam

cointellect fake data center dc.cointellect.com looping video overlay webcam

Cointellect published news not clear of Not paying or Delayed?

Cointellect posted news in regard to the 30% fee clarification and bulk payments implementation through credit cards. Doesn’t this sounds to so familiar with coingeneration.com? so many good news to hide issues and keeps its members motivated.

This was the key news published by the previous coingeneration.com website business to keep its members motivated so they get too much negativity comments feedback on the internet. Well it had started with cointellect now, pretty much similar to coingeneration in the old days. When payments issue arise, these business will try to calm its members by publishing news that would keep the members calm and continue to be motivated. Then payments will continue, then stopped again, and then pay again, then stopped, then pay a little bit, then stopped, then new news switching to different ideas to keep members motivated like will pay in bulk big volume payment, IPO stock offerings and so on with the company. Yes it’s coingeneration.com methods that had scammed hundreds thousand people whom doesn’t know.

 

cointellect not paying fraud scam making up stories like coingeneration.com

cointellect not paying fraud scam making up stories like coingeneration.com

 

Bulk Payments

Published at Jan 6, 2015 5:55:00 AM
Greetings Miners,

We wanted to issue a formal statement clarifying our position on the Dogecoin withdrawal fees we recently implemented. For those unfamiliar with the recent change, we have added a a withdrawal commission taking place on Saturdays and Sunday’s ranging from 20%-30% exclusively on Dogecoin withdrawals.

While this can be interpreted as a drastic change, it’s important to understand that the end goal isn’t to tax the user – it’s simply to discourage Dogecoin withdrawals. We realize this isn’t an ideal situation; however, recent improvements to our platform have minimized our overall Dogecoin liquidity. Given the recent block reward halving and the large volume of Dogecoin withdrawals we process, it has become increasingly difficult to keep up with demand.

To accommodate this recent change, we partnered with CryptoPay to offer completely free Bitcoin withdrawals. Bitcoin withdrawals are absolutely not subject to this commission and are being processed instantly. Additionally, we always have and still offer PayPal withdrawals which are only subject to PayPal’s fees. We kindly ask users to note that we expect any queued PayPal withdrawals to finish processing this week.

In conclusion, we are trying to transition the bulk of our withdrawal volume away from Dogecoin and towards PayPal or Bitcoin. While we have every intention of continuing to offer support for Dogecoin withdrawals, we are simply unable to keep up when 80% of our volume can be attributed to Dogecoin.

Our developers are constantly working to expand our payout options and our most recent plans include offering credit card mass-pay solution. This feature will be implemented in collaboration with Wavecrest, a reputable company that also services Xapo.

We do apologize for any inconvenience and thank you all for your continued support.

Sincerely,

CoIntellect Staff