Satoshi Bakery (satoshibakery.com): Safe or Scam?

in cryptocurrencies •  7 years ago  (edited)

First of all, there is no signup option and they directly ask for a wallet address. I tried using my Ripple address and after my first 15 minutes, I got a fraction of a Ripple in the Satoshi Bakery balance (which they say that they will be active from December and it's December already) and surprisingly 44 extra Ripple in that balance. And according to it the total balance at the moment is 45.6016909 XRP.

Balance.PNG

They don't make payouts and they ask us to follow them on Twitter for updates with their latest activity being a retweet on 30 Nov 2017.

Tweet.PNG

I suspected that it might be fake but when I checked the balance of my LTC wallet to see if they were crediting any extra LTC just like they did for Ripple, it was nil. And as soon as I open the website, my laptop gets heated up. When I check the Task Manager, the CPU usage goes drastically up.

Task Manager.PNG

Mining? Obviously.

Then I figured out that the 15 minutes countdown is their strategy to keep us engaged and greedy for Ripple or any other cryptocurrency while many of us don't notice the mining that is going on. They designed the website in such a way that as soon as we open the website, it starts mining. Now that is pure stealing of our power, hardware performance, time, etc., unless they make the payout which they are not doing at the moment.

So, it is safe to assume that it's a scam. Stay away from it unless they prove us wrong by making some proved payouts.

Note: The post will be updated if I find anything new about the website.

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