Genesis Mining
**New Lower Prices on Ethereum Mining - Why Wait!**

Latest Alerts

    This freehosted site wants you to give all the details they may need to steal ALL your online stuff. Don't be daft. 8/25/16
    It's just a scam - and the design is a bit shit as well. 8/25/16
    'The Fastest Bitcoin Doubler' At least it won't take long for you to realise you've been suckered.. 8/25/16
    This site will 'Erase Your Investment" Hope you like the pun. 8/25/16
    "Bitcoin Financial Ltd" Just more kaka from the hyip/fraud thieves. 8/25/16
    Nice design - although that is probably ripped from someone else as well. Just a fraud. 8/24/16
    Yes, it's another doubler scam. 8/24/16
    Maximum risk. Bitcoin does not grow on some weird Crypto Tree, it cannot give birth, it cannot be cloned, and it can't give you returns like this. 8/23/16
    This is Fake Estate, NOT Real Estate. Just a hyip/scam. 8/23/16
    You should read the faq - it's funny. They commit to 'Do not return your investment' You can't say you weren't warned. 8/23/16
  • (
    A fine example of a fraud investment site. 8/23/16
    Yeah - Going down, in a blaze of glory! 8/22/16
    Not a coindealer, just a thief. You won't get your bitcoin back. 8/22/16

*Buy $100 of Bitcoin, get $10 FREE*

    Must be the Viagra working, because it certainly isn't due to this hyip/fraud. All lies. 8/21/16
    This slippery site is a platform to point you to many fraud sites, most are listed here. 8/21/16
    What a mixed up pile of shite this hyip/fraud is. 8/21/16
    A hyip/fraud (fake investment) 8/21/16
    You can't look cosmopolitan in your vest. Silly Scammers. 8/21/16
    All Hyip/Frauds. 8/20/16
    Far too passive, in fact so laid back you can't see it. 8/20/16
    I had to spit it out. It didn't taste of mint at all. 8/20/16
    Cold hard lossses for anybody foolish enough to risk this. 8/20/16
    Pretty much the same hyip design you'll see on a number of domains. All frauds. 8/20/16
    And you will feel like a perfect prat if you send btc to this ponzi scam. 8/19/16
    Another coin doubler to tempt you into being a fool. 8/18/16
    A very random hyip/fraud. All hyips are just thieves - when will you all learn. 8/18/16
    A new hyip/fraud. 8/18/16

Vegas Casino

    Just don't trust this fraud site. 8/17/16
    From hexaprofit, to hexamine - eventually one of these scams will make them a dollar. 8/17/16
    From people who know less about mining bitcoin, than my Sister. Farcical. 8/17/16
    These Hyip Fraudsters are now after Ethereum. Perhaps this is a hint that you should keep a tight hold of it. 8/16/16
    It would be really cool if bitcoin could double, but the reality is, it cannot. This is just a pickpocket. 8/16/16
    Fake mining seems to be the flavour of the month for fraudsters. Here's another one. 8/16/16
    So that's another fake mining site to add to our badlist. 8/16/16
    Best not invest invest into this fraud then. 8/16/16
    This scammer is trying to sound cool and codey, but failing miserably. Stay clear of this fake mining fraud. 8/15/16
    One of those fake exchanges that accept deposits, and that's it. Stay well clear. 8/15/16
    A very well designed Ponzi/Fraud. Don't let this one get you. 8/15/16
    Pro Fib's. Still fibs though from this fake investment site. 8/15/16
    These crooked 'Investors' have the monopoly on 'Furgs'. You can't get one anywhere else - go on, try! 8/15/16
    Double bollocks. Money and bitcoin simply cannot double - There, you heard it here first. 8/15/16
    Weird title - but whatever the name, it's just another scammer. 8/15/16
    Bit-lite? I think not. Bit-completely missing is better. Just fake mining. 8/14/16
    All Hyip/Frauds from the same scammer. 8/14/16

 These are just the most recent badsites. Click below for these and more Cryptocurrency badsites In alphabetical order.
2375 Badsites as at Aug 17th 2016

The complete Badlist Banner

The Badbitcoin Project
Exposing bitcoin and cryptocurrency frauds since Feb 2014

We want to see Bitcoin & The Blockchain become a successful evolution in the way we trade, bank and exchange contracts, and so we aren't going to let a load of scammers and cheap thieves endanger this movement. Bitcoin, simply put, is a store of value, however, the blockchain it is carried on changes everything.

This project is 100% dedicated to Cryptocurrency. All our revenue and spend is now sourced entirely within this Industry, and we aren't just about Bitcoin, we cover all the main Coins. Bitcoin (BTC or XBT), Litecoin (LTC), Ethereum (ETH) etc. We no longer investigate faucets as these would need their own site.

Start learning about Cryptocurrency safely - visit our Safety Tips page.

We've all looked down the back of our sofas, but we are still short of funds. Any donation, no matter how small will help us keep going. Thanks

Vegas Casino

Tip of the week Month
Bitcoin Mining, and making a profit.

It can be argued that mining bitcoin is always unprofitable - however...

If you get your calculator out, and weigh up all the costs, the contract or hardware costs, the electricity cost, pool fees, increasing difficulty, reducing reward, and obsolescence - and then offset those against current bitcoin price, then bitcoin mining is simply not profitable.

It has been a long time since it could be mined profitably, so why do a lot of us still mine it, and why is it a good idea for you to mine it as well?

Bitcoin is a finite Virtual Currency. It cannot be inflated by money printing, there are 21 Million Bitcoins to be mined in total, and it is getting harder all the time to mine them, whilst at the same time, demand is increasing and that inevitable demand is in turn driving investment and innovation.
This is all good for the market value of bitcoin, and so miners do it because they are prepared to invest in a long term investment, and realise a profit at the end of a term. Rather like a 1 or 2 Year Bond Yield.

For those of you who cannot afford to get involved in mining bitcoin, then you can still get bitcoin through earnings from "Bitcoin Faucets" - a few can be found on our Safelist. On Faucets, you earn by simply visiting the page, and earn small amounts of bitcoin (called satoshis or bits).
If you earned some satoshis a couple of years ago, they are worth a lot more today, but this time around, you won't have to wait long. Bitcoin price is set to soar as more people realise that this is the future of Trade and Barter, without Banks in the middle to steal it and issue promissory notes despite the reality that they are simply not underwritten by anything tangible.

There is a lot to learn about bitcoin, but it is really easy to buy, earn, use and enthuse about, so get involved at any level.

'Whatever can go wrong - Will go wrong'   - Murphy

To report Internet Fraud to IC3  - Click Here
To report Internet Fraud to the FBI anonymously - Click Here
To report Internet Fraud to the UK Police - Click Here


What is a Ponzi or HYIP?

A Ponzi is any scheme which pays interest to "Investors" from Bitcoin coming in from new Investors. A HYIP (high yield investment program) is just a Ponzi. All Ponzi/Hyips will fail. The later Investors will lose everything when the scheme folds and leaves with the Bitcoin. Most HYIPS and doublers etc, just steal it immediately. You send it and they keep it.
Due diligence is your own responsibility.
There are plenty of good sites out there where your Bitcoin and your work are safe. You just need to do your homework, including checking here. If it isn't in our Badlist, email us, and we'll check it and get back to you.

Here’s the psychology behind the typical ponzi’s & HYIP's run by the “professional” scammers. They know most people will do this.

You deposit a small amount, you want to be cautious, you can’t quite figure out how they do this – but they sometimes double it (or pay promised interest) and pay you.
You think – Ah that’s great, so you either redeposit the entire amount, or just your profit. You get that back and think wow, it works, so then you deposit a much larger amount and in the worst case, even get your friends and family involved in this wonderful money making scheme.

Then one day, after not long it just doesn’t get returned – there is some issue with your account, or your withdrawal is stuck or something similar, so you keep emailing the site and gradually it dawns on you that you’ve been scammed. Commonly the scammer will even show you the transaction, but it just isn't real.

Even if you just put your initial profits back in, the conman hasn’t lost anything – and the depositors who think they are ‘playing’ the ponzi, by getting in early, do try that, and most of them don’t get it back either. People who run Ponzi's are thieves.

Some people empty their life savings into these scams, and they are the ones the scammers are really after. Once they get that big depositor, they move on and create a new ponzi, just leaving the old one alive for a while to mop up any new ‘mugs’ Some even return after a 3 or 6 month absence to catch a fresh load of hits, they will never run out of victims. It’s what they do, and they are expert at it.

The very common bitatt bitcoin multiplier scam

Our Team is made up of volunteers worldwide, and we welcome new contributors.

You will no doubt come across negative comments about this project, but understand that this is the scammers only route to fight back, and a great many of these scammers are the same people who are Senior, and Gold members of forums.
Forums relating to bitcoin are the best source of conflicting information ever, which is why we keep it plain and simple, we tell you it's a badsite (albeit sarcastically - we have to stay sane) and that's really all you need to know to stay safe.

When we started this project, we didn't expect that it would still be needed years later, but the interest in bitcoin is driving every web fraudster to try their hand after bitcoin. The bitcoin Industry on the whole is clean, these fraudsters generally do not come from the inside, but often from the world of fiat, and a great many from developing countries and Eastern Europe.

It can be really easy to misunderstand the bitcoin environment when it's all new to you, and it will take you some time to grasp some of the rules, concepts, and limitations. This leaves you vulnerable to the swathes of scams and ponzis that try to lure you into their promises of easy money, and doubling or even 100 times multiplying your new 'Magic Internet Money'
It doesn't work like that. It isn't magic, it's just very efficient, very secure, and much sought after by thieves the world over.
If you have bitcoin, you need to learn to look after it, or these crooks will soon take it from you.

Don't make it easy for them. Contribute by reporting suspect sites to us when you find them, and we'll do the rest.
As we approach 2065 sites listed since Feb 2014, our track record is one of getting it wrong on only 2 occassions. On both of these occassions, we erred on the side of the Scheme Operator. However, one of these errors, the GAW Miners and Paycoin debacle is yet to be fully heard and ruled on by the SEC, and at this time is still a matter of debate.

Declaration of Interests. We currently have personal and project investments in Bitcoin VIP and Mining shares at (Now closing their mining), and Ethereum mining shares at Genesis Mining. We would not invest in anything we considered to be a Ponzi or Scam. As a project, we are not directly funded by any organisation and depend on ad revenue, our own, and other donations, and our external investments. We also provide links including referral links to trusted 3rd party sites, not including *External Advertiser - Check our Badlist*s beyond our control. Updated August 2015
PS - As a friendly tip, we probably aren't the people to generally ask about good bitcoin investments. We are pretty good at what we do, but so far, like yourselves no doubt, we aren't really that succesful when it comes to our own investments. Mintsy being our latest fail.

Coinbase Bitcoin & Ethereum Exchange
** Buy $100 of bitcoin and get $10 of bitcoin FREE - While offer lasts **

Irony disclaimer, and Caution

The high costs of running this site are helped by adverts. We also have to advertise in the same places as the scamsites. We have little control over the content, and consequently we do not directly endorse any advert. Some adverts will even appear in our Badlist. But at least the Bitcoin they spend on ads is coming back into the Bitcoin Industry. Trust Seal

Footnote. The evolution of society beyond the demise of the failed capitalist neo-liberal (Neo-con) experiment, first needs the evolution of it's means of trade and exchange. The current financial system, and system of fiat currency, is not fit for present or future purpose, and for all intents and purposes is already obsolete. Bitcoin is our first financial step towards a fairer, more benefecial society for all. Bitcoin is incorruptible, decentralised, concensus led, and above the influence of conventional politics and economics. A parallel currency with which you can begin to trade, and no middleman to take their slice or to gamble with your asset. When you deposit money to a Bank, it becomes the Banks property to do with what they choose, bitcoin is different, and you are your own Bank. It is up to you to take care of your bitcoin, and also to use it, not hoard it, and to be an important part of helping to build this fair and open global society. Bitcoin is worth what somebody is prepared to exchange it for, be that USD, Yuan, PC-hardware, Webhosting or anything that 'money' might buy. You can even get a bitcoin Debit Card. However, the bitcoin Blockchain, and it's potential is a much much bigger subject.

*External Advertiser - Check our Badlist*