According to many members of cointellect miners, they’ve confirmed that it appears that in the weekdays (business days), cointellect mining pool works properly without issues like not responding. During the week end, cointellect mining pool doesn’t works properly, or if it’s working at all.

So on top of the 30% fee during week end, now Cointellect Mining Pool doesn’t appears to be working on weekends (Saturday and Sunday) either. There wasn’t any announcements foreseen. The miners had to figure it out themselves or so they thought based on the pattern of cointellect minig pools problems.

The Cointellect mining pool problems pattern is, weekends problems, weekdays (business day) no problem, holidays problem, 30% fee for earning withdrawal on weekends, 30% fee earning withdrawal for holidays. These were unexpected rules implemented by Cointellect, what’s next? Decreased earning for miners? Mandatory 30% or more fees for under 10 Euro earning? Earning can only be withdraw via cryptopay, no more Dogecoin withdrawal? We don’t know. But, why are Cointellect doing this? simple answer would be to force members in buying contract mining since it have no problems for now.

Cointellect still classifieds as suspicious under my radar.

Let see if this is true as many miners whom connected to Cointellect Mining Pool to mine scrypt dogecoin saying it was “preempted”, meaning cointellect causing the connection problem on purpose for a reason.

Cointellect mining pool continue to have problems with mining for members. This is when members connected to Cointellect Mining Pool to mine using CPU, GPU or ASIC, all have issue, even the coinminer software itself have problem. When members sent messages to support@cointellect asking for help, cointellect responded with a generic response indicating they’re aware of the problem, however contract mining is not effected.

As this appear to be an ongoing issue and not too many members took time to research further, a quick google search in regards to “cointellect mining pool” problems will land the members onto facebook cointellect mining pool, it is the way cointellect doing their business. Cointellect is using blackhat method to make themselves popular on search engine. In other word, cointellect is blocking you from finding the truth based on popular search engine search term. In this case cointellect, created many websites and social media sites with search engine optimization (SEO) that will land any members users anyone uses search engine to search about cointellect. If you search for cointellect today on any search engine, most likely you will land on cointellect affiliates websites on the first page of your search engine result. This is simply to block and hide the truth. This is a fact!

So why is Cointellect doing this blackhat method? well we already know that they’re blocking all other websites that talks about cointellect from a non affiliate site like my blog here, I don’t have affiliation with anyone. Those affiliates websites to cointellect will always talks positive side of cointellect because they have no choice in order to get commission and people into the pyramid structure, yes scam perhaps, not yet, but will be transparent soon if cointellect don’t fix their mining pool.

Think about this, why cointellect staff, especially facebook page user name “Cointellect” not spending time to fix the mining pool, instead advertise around and talks about cointellect all over the world wide web, why not spend time to fix the pool?

People whom have CPU, GPU and ASIC connecting to Cointellect Mining Pool will see problems with connectivity to the pool. Timed out, Not responding, Waiting for Work, Rejected, Disconnected permanently are some of the example errors users encountered.

No, there isn’t any news updates about the continuous issue with cointellect mining pool. A while back, cointellect did post update indicated its under DDOS attack, but not recently, although many pools are being DDOS, it’s different story though with those other pools. Cointellect mining pool doesn’t shows up as public pool or its hash rate being transparent on dogechain or blockchain for dogecoin mining if it is dogecoin.

Many cointellect members speculated that Cointellect manually manipulated the pool in this manner to deter members from earning full amount for certain day or days or more days more often than not. Cointellect main purpose appears to be getting members to buy contract mining instead of mining themselves. The mining operation at cointellect for members simply a way of getting the members to see the profit, so that the members don’t have too much questions about contract mining profit. Sadly a lot of people fail for this trick and bought into it.

With cointellect rules kept on changing overnight, mining pool problems and 30% fee are the latest suspicious activities with cointellect. Mining pool for members has problems, but mining contract have no problem, isn’t that strange.

I just came across many cointellect members reporting issues with cointellect mining pool. It is the same problem that happened for 4-5 days last week.

This appears to coincide with cointellect announced 30% fee for week end earning withdrawal. At first, cointellect said 30% fee is temporary for holidays week only. Then now 30% will be on week end also.

Cointellect did not mention much about what happening to the mining pool. There wasn’t any official updates on the status of the mining pool. When members sent email to support@cointellect the respond given was “we’re aware of cointellect mining pool issue … contract mining are not effected …”

Interesting ” … contract mining are not effected …” so which pool is cointellect contract mine on? it’s funny to think about cointellect responses to that. So is there another pool cointellect connected to, to mine for contract members? I highly doubt. Any members can look into the dashboard, and notice the available hash rate for contract buying, how does that being calculated?

The bottom line is cointellect business is still very suspicious, it’s not totally transparent. I hope that Bitcoin Expo and others whom are taking cointellect as their sponsor investigate cointellect business, ensure it’s not a scam which can ruin Bitcoin reputation, be as transparent as possible.

My personal opinion on cointellect mining pool issue have to do with manual intervention. Cointellect manipulate the pool functionality to limit the earning. It’s a baby step that cointellect are doing to slowly get members to start buying contract earning. Notice the key word ” … contract mining are not affected …” Eventually mining for members will disappear or so much problems mining at cointellect pool that members just dropped off totally, the majority probably will use the earning to buy contract, the rest will not fall the scheme.

According to many blogs, forums and social media. Cointellect mining pool appears to be back up and running as usual. At least better than a few days ago. However the website official news page https://cointellect.com/news still does not have any updates about the mining pool problem. So this is “mining done right” huh?

The only websites that have some explanation in regards to cointellect mining pool not operating properly were those websites created by affiliates members or social media websites which is hard to tell if its an official cointellect.com business social media site.

The official website cointellect.com is the primary website for cointellect business. Why is cointellect scattered their information the “blackhat” way? could it be because cointellect.com can come back and say those other websites aren’t official? just affiliates members posting and cointellect.com not held responsible? So many blogs, social media, such as facebook, twitter, youtube, and many more now are scattered all over the internet that link to cointellect.com No one really know for sure which website or social media site that are really tied to cointellect. Because these social media websites such as facebook, twitter, youtube, blogspot, other domains, people can creates many free account and expand cointellect name all over the internet, black hat style. Most of these accounts that talks about cointellect have one thing in common, affiliates, earns 10% for every withdrawal from other members, like a pyramid scam.

There are so many facebook, twitters, youtube, blogs, domains created that links to cointellect business taking advantage to make 10% earning profit. This is the trick to get cointellect members to litter the internet websites will cointellect name. The sad thing about this is that of the 10% commission, members are forced into saying positive side aspect of cointellect, such as earning proof, makes money while you sleep and so on. In reality these members are skeptical themselves but due the 10% referrals commission, these members does not care about the possible victims they’re referring to cointellect.

Cointellect could fall apart at anytime, and nothing anyone can do about it. I’ve been researching many big HYIP. I’m talking about big HYIP style, such as coingeneration.com scammed people just within 6 months. These HYIP are monitoring the balances to analyse the best time to close down and run away. Some scam does it slowly, intelligently, then there are some that just leave slowly, making up stories as they go along to filter out all the refund requested by banks all over the world.

At this time, cointellect.com isn’t a scam yet, but the business model tied to scam based on historical evidence of similar business online that double your money in short period of time which is impossible to do with the most highest interest from any legitimate banks all over the world. I don’t understand why people whom invested in cointellect don’t see this picture, maybe members whom invested in cointellect just taking a risk, a bet, gambling since the money they have can afford to loose. Honestly if I were them, I would rather spend $100 to my family or love ones for a nice dinner, than invest in this program such as cointellect.

The people whom are making money today with cointellect contract. Most likely they will reinvest, move up to a higher and higher plan. At the same time cointellect are monitoring their pool of money balances to see the right time to run away safely. This is not new, many people know this, but sadly still taking risks.

Ever since Christmas day December 25th 2015 late night, cointellect mining pool have been having problem with connectivity. Miners are being dropped off, cannot connect, connected for a brief moment, mining frozen and so on and so fort. The issue is cointellect mining pool isn’t working properly for 4 days now, cointellect mining pool isn’t reliable. We don’t know why for sure because cointellect have not published any official news on its news website. https://cointellect.com/news

Anyone mining at cointellect pool over the past few days and continue counting will not be making much doge, at least 50% loss, some loss more because the mining software just freeze.

Mining pools in general does have problems. However the owners or operators would let the users know immediately on what happening, but cointellect isn’t doing any of that. We have no idea what exactly happened, and for how long is this going to be, it’s been almost a week and it’s not getting better at all. At this point, members are thinking cointellect doing this on purpose to decrease the dogecoin earned by members. Discourage members from mining, instead invest.

The strange thing is from support respond to one affiliate members indicating mining pools have problem for members but contract mining have no impact. Isn’t that strange? Cointellect mining pool have problem, but contract mining have no problem! Ding Ding Ding Ding! does that ring a bell? Does cointellect even know what they’re talking about. How many cointellect members out there are that stupid not to understand how pool work? unfortunately a lot of people don’t know how mining pool work. If a pool have problem, everyone will see the impact, so in this case why cointellect say contract mining have no impact? simple answer, cointellect contract mining is a scam. The bottom line is cointellect tried to get people in buying contract, and who knows what cointllect are doing with your money, gambling perhaps. For sure it’s not mining. The mining piece of it for the members are simply lure in more miners and investors. The lure in this case to spread the word of high profit. Later all investors with contract will keep on putting in more and more money getting trapped  with reinvest money and eventually the program just closed, and nothing anyone can do about it.