Ice Rock Mining – Is it a scam?

EDIT: Have a look at the comment section, you can see how upset they got about this article

First and foremost, why do we already criticise this coin in the title? The answer is simple. To this day, most cloud mining startups/companies are a scam or Ponzi scheme. Because of this fact, we will be investigating Ice Rock Mining’s ICO with a very critical view.

The Investigation

Network Analysis

The Site icerockmining.io seems to be hosted on a VPS, with 3 other sites hosted on it as well. The site is protected by CloudFlare.

The four websites hosted on the VPS are:

All sites but for opticsplanet are owned by Malik Murzashev. Let’s see what Mr Murzashev has been up to:

Kontaktaudit

Image of the about us site, as you can see its empty
Наша Команда means “Our team” and Наши Клиенты means “Our clients”. It seems as if this company has 0 employees and 0 clients – wow!

Kontakaudit.kz is an auditing site. It doesn’t look very serious, the site is filled with stock images and the “About us” page isn’t even done – The “Our Team” and “Our Clients” Tabs are empty. Additionally, they list their areas of expertise in percentages. So they claim to be 90% specialised in Manufacturing, 62% in retail and so on. That doesn’t really make sense, does it?

They have a Gmail as their business email – this is very unprofessional.

On their website, they claim to have more than 35 years of experience and show some licenses to prove it. We weren’t able to validate the certificates, but we noticed that they were licensed to a Kontakt TOO. This might be okay, but their site is called “Kontaktaudit.kz” and there is another site called “Kontakt.kz” – did they steal their paperwork? Note: We have no solid proof for such a claim, but there is a high likeliness of our claim being true.

Verdict

This site seems really unprofessional and I would not trust it.




 


Adaptationca

Adaptationca.com is a site offering political asylum for the USA. Again their page has the infamous WordPress percentage plugin. This time the percentages show the likeliness of you being accepted in the respective immigration office.

The social links in the header don’t work, they just link to twitter.com, facebook.com and vimeo.com. Again they have a Gmail as means of contact.

They also have the generic “100% Satisfaction Guarantee” along with other seals in the footer to make it more “real”.

Verdict

This is obviously a scam/fake site that was created with little to no effort.





Icerockmining

This site looks perfectly fine and has no sketchy elements. It has an Instagram linked to it, with a surprisingly high amount of followers – some might be botted. On the Instagram, we can already see pictures of the cave. Why would you make an ICO if you already have all the required structure? It seems as if they already have most of their equipment and don’t need any money.

Ice Rock Mining Tunnel

 

Conclusion

At first sight, the ICO site looks really good and so does the Instagram. However, having looked at Maliks Murzashev’s history we would advise against investing.

Here are some of the reasons:

  • The website claims to double your money in 3 months. Furthermore, their profit calculator promises tripled earnings if you wait until May. This is too good to be true.
  • Malik Murzashev operates 2 very sketchy sites.
  • The domain is registered to an address in California even though it should be in Kazakhstan
  • The team has two kids onboard, of whom one has “extensive experience in regards to the requirements of launching massive mines in the CIS”
  • The CEO claims to have been the CEO of apples.kz, which supposedly served 20k customers yet has only 8 reviews on google.

There are just too many red flags and things that don’t add up to invest with a good conscience. Do not invest.


We hope you learned something and that this article was okay to read. Please let us know if you liked this kind of “Investigation”!

Comments

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21. June 2018

stetson

Yeah I saw a commercial from them today telling people to hurry up and get in before the deadline, im calling bullshit on ice rock mining….no thanks.

26. May 2018

Mikey

Fake theres no money and if he doesnt pay what will you do?

25. May 2018

John

Dont get upset that everybody knows this is a childish ploy to steal americans money who wont be able to do anything becausevyour in russia you have a youtube video with big heavy wire on a crane with nothing else.. america do not be fooled!!!’

25. May 2018

Darwino

I like the article.. I used to ran a bitcoin based company and putting real information for clients like my address and my phone was basic. I won’t invest

18. May 2018

F.

Evan, I really enjoyed your article and the ridiculous funny comments and your even better answers on those comments :-D Love it. Still, I have seen this after having invested a fair amount and was thinking about investing heavy, now I’m giving it a second and third thought. IRM, I want to believe… Can’t you just answer to the facts or potential FUD lies with your facts? That would give me a better feeling. For clarification: I’m on the edge of investing 50k+ dollars right now, if you can calm down my doubts. Thxs!

16. May 2018

Evan

Thanks :)
50’000$ is a lot of money and if I were to invest that much I’d only do it into a project I trust 100%. Can you say this about IRM?

17. May 2018

MIKE ROSS

WOW!

25. April 2018

Scamwarning!!!

When I see a bird that walks like a duck and swims like a duck and quacks like a duck, I call that bird a duck. So this is a scam!! Nobody would create a company like this.. really, why should he do that? I have good conditions, good equipment, good Experts and can make a lot of money. And than i give 50% of my profit away? WHY??? No IRM.. not in this universe :P

24. April 2018

A Scheepers

Its really naief to call IRM a scam. I bought ice rock 1 months ago and get a mining payout every 14 days or so.
They pay everytime. Ice rock2 not the same -better – read whitepaper. Mr Scamwarning ICO’s raise money to do what they plan like company shareholders. That why companies and in this case IRM need funds. After been involved on a small scale with them Im confident enough to buy even more rock2. Did anyone here buy rock1? Its really unfair to cry scam if you dont know anything. Bitcoin was the biggest so called scam or ponzi scheme many cried wolf years ago. And now there is a huge industry revoving around it and these debunkers now buy bitcion. Ofcourse its high risk anything crypto is. But i like it and its clever. Take chance i say. Typing on mobijggfdj

24. April 2018

Sindbad

There was no buyback for ROCK1 Token as they promised!!! (They promised to buyback 1ROCK for 3 US$ on ETHERDELTA on May 1) So this mining project is clearly SCAM!!!

2. May 2018

Harry Richard

Came to see if IRM is a scam and I came out with LOLs. Nice. How to survive the internet crypto world… keep away from scams. If it sounds too good to be true, it usually is. If you fall for a scam, well…. that was the price you had to pay for valuable education.

20. April 2018

bob

It would also seem to me that if this was so profitable…why would he sell us access to this? I mean why not keep it to himself to make even more $$$. The conclusion is that his venture makes money on the gullible…

22. April 2018

A Scheepers

Read the whitepaper then you will understand, remember the profit % shifts all the time. Dependent on many factors. Also take into consideration that the mining infrastructure grow with 20% all the time which you don’t pay for but get the benefit. However, if the profit even become half the % don’t you think it still worth it? It’s a very unique model and takes some time to wrap your mind around it.

23. April 2018

Muxac

I fly to Kazakhstan all the time, and passed by the (unlicensed) Apple center the ceo has at Dostyk 89 in Almaty, not much to say, a small shop that is known for its overpriced service and scams.. besides, those guys are not Known in Kazakhstan, not to mention that the Mine address/area is unknown.. a ponzi scam

24. April 2018

Muxac

Besides, Kazakhstan’s Regulator is on track to ban mining on orders from the central bank of Kazakhstan.. rules there are strict and it will happen..
https://www.gazeta.ru/business/news/2018/03/30/n_11354258.shtml (google trannslate if you like)
So do not fall for this honey trap

24. April 2018

Scamwarning!!!

I´ve read their Whitepaper and I only see a company giving away 50% of its profits. It sounds too good to be true.

25. April 2018

MK-BTC

Now, 2 weeks after ICO end, they are still not run away with investor’s money.
Seems to be that you are proven wrong, this project is legit and now every hater like you can start whining!

7. June 2018

Jose

For everybody attackin/defending ico, just cool off guys. Defenders, A lot of us have been scammed by such companys, so you can understand the animosity. But this is not about you vs me. I got ripped off by bitcoin.net just like many others. Not all of them are scams. It’s just that when you put up high roi numbers people will naturally become suspicious. I think Mr. tyshenk has some good points. In any case I dont not have a problem losing 100 dollars. Heck I spend much more money on other stupid things. So I will do that and keep you guys updated. Investing is a risk weather scam or not.

20. April 2018

Evan’s Paa

No! This is not a scam.

19. April 2018

Anonymous

Has anyone pointed out that the Tyshnek guys profile picture is comedian Will Sasso?

18. April 2018

G. Tyshenk

That is my gravatar that I use . I never said that was my profile picture. Is that keilidoscope icon your profile picture? Geez.

18. April 2018

Evans Paternal grandmothers uncle

Am I too late to get in on this family squabble?

16. April 2018

Evan

Nope, the discussion is still ongoing :P

16. April 2018

G. Tyshenk

I was asked why I “aggressively” post replies in defense of this company. And by doing so I MUST work for the company or somehow be affiliated with them. To clarify, I am interested in buying some tokens (eventually) and was drawn to this thread to read what others had to say.

I thought the article (as badly researched as it was) and comments (as uniformed as they are) might have some merit or give me insights in to investing (or not) in Ice Rock Mining.

I responded to comments that were basically lies or errors or innuendo and have had personal attacks in my quest to do some due diligence.

Nothing I have read here has convinced me there are major issues with buying and holding this crypto.

There are hundreds of crypto ICOs to invest in and I won’t bother wasting my time here correcting ridiculous comments that are full of conviction and innuendo but contain no facts or evidence.

I wish everyone here the best if luck with your future cryoto investments.

And to the Swiss author trolling with his anonymous comments I would suggest more careful use of analytic deduction to avoid analogical fallacy and Kantian synthetic a priori judgements .

15. April 2018

Anonymous

Just shut the fuck up already idiot. Everyone knows you’re a bot account for IRM.

16. April 2018

G. Tyshenk

Reduced to swearing and name calling because you have no other informed response? Guess time will tell but so far IRM isn’t much of a scam and the author seems to be wrong.
Also, kind of pathetic if you feel compelled and emotionally distraught enough to reply to a “bot”.
I can assure you that I am not a bot. Your lack of intelligence is simply astonishing. I am sad for your generation.

16. April 2018

Anonymous

I bet you supported Bitconnect too lol

18. April 2018

Evan

Hello Mr. Tyshenk,

could you please elaborate on what was poorly researched?

Regards,
Evan

16. April 2018

G. Tyshenk

Evan,
Your research is fairly superficial. In business IPOs an analyst would review the offering based on its business model, start up costs,operating costs and projected growth, return numbers and other valuations that might lead to a conclusion that this is an unsound/unsustainable company.
At the very least I would have expected some type of review of the content this ICO presented, ie. the website, white paper and business plan. You looked at web affiliations and appearance…. If you presented your findings to any venture capitalist or investment business they would not understand how you reached your conclusion based on your analysis.
Is Ice Rock a scam? I have no idea but what you present as an analysis does not match your conclusion.
The level of personal attack for merely discussing and pointing out corrections to other comments on this thread has been astonishing.

18. April 2018

Evan

Hello Mr. Tyshenk,

in this particular case I did not include the remaining investigations (Whitepaper, etc.) since already the website alone shows that its clearly a scam / not trustworthy at all. I believe that using the generic approach you described is already done by everyone, so I am looking at the “hidden” facts. In this case I even found “evidence” :P

I agree that the comment section is quite toxic, however that hate is coming from both sides and the Ice Rock Mining team has behaved very childishly.

Also, I am not posting comments with other accounts, these are other real people. Just because a few people disagree with you, it doesn’t mean they’re all the same person.

19. April 2018

Anon

BITCONEEEEEEEEEEEECT

21. April 2018

Wine God

Ice Mining are the same guys behind Sun-Mining, its a HUGE FUCKING SCAM.

They shut down sun-mining.com without any warning, no payouts.

12. April 2018

I’m not a robot

Do you have a source for that? I’m just interested in this theory.

1. May 2018

Jean-Luc

Threw $120 in the mix, yesterday.
Now trying to log on the site times out with times out with a 524 error, stuck on the cloudflare or the host apparently… for a mining company that at th very least needs to be able to access the internet at correct speeds fro it’s miners…. not a good sign

6. April 2018

G. Tyshenk

Jean-Luc,
Have you even read the ICO whitepaper? It sounds like you have not. This is not a cloud mining operation. Inability to connect to cloudfare service will not impact Ice Rock Mining’s ability to mine with its s9 Antminer rigs.

9. April 2018

Jean-Luc

yes, I did read that, However the inability to even keep up the front-end of the operations to me shows rather some kind of incompetency. I fully understand they are not mining using … lets say what they claim would be my CPU … that does not work anyways.

10. April 2018

G. Tyshenk

Jean-Luc,
My point was how can you blame IRM for the failure of its cloud service? IRM has no control over whether cloudflare is up and running or not. It has nothing to do with IRM ability to mine bitcoin.

11. April 2018

Sean the Bomb

Actually you can. As the owner of a company YOU are solely responsible for everything about your company, including it’s website uptime. If it keeps failing put pressure on the CIO, if he can’t get the job done, fire him. People at the very top have to be cognizant of what’s going on at all times and innovate.

18. April 2018

Can’t Bull Shit a Bullshitter

The scammers must have scammed people out of money already or they wouldn’t continue to do this. I wouldn’t even waste my time researching such an outrageous claim or such a ridiculous idea. The people that get scammed are the greedy ones. If bitcoin was such a hugely profitable idea, some greedy corporate entity would have latched on and confiscated some form of it as IP already. Bit Coin is bull shit, end of discussion.

6. April 2018

G. Tyshenk

Can you provide a list of people who have been scammed by this ICO? Can you list any class action suites that have been filed against this ICO?
If not then please retract your comment. It is ridiculous and baseless without facts!

9. April 2018

Wine God

Sun-Mining.com is a easy FIRST example

12. April 2018

Corydon

Anything that claims to double or triple your money is a scam. PERIOD. End of the damn story. Stop shilling your crap you immoral thief.

18. April 2018

G. Tyshenk

Your comment makes absolutely no sense. The definition of a shill is “a person who publicly helps or gives credibility to a person or organization without disclosing that they have a close relationship with the person or organization”.
I have no affiliation with this ICO. I am trying to determine if I should invest in the ICO before it ends. I have read some good and some questionable comments.
What I have posted here as comments is more accurate than most other comments calling me names. Your thoughts and logic are confused – a thief is inherently “immoral” by definition, please pay closer attention to what you write.

18. April 2018

Chris

Further evidence that is fishy. Searching for the company, I came across this article: https://www.trustnodes.com/2018/03/14/press-release-ice-rock-mining-ico-future-mining It says that “Ice rock Mining (IRM) project is carried out by Woodland network L.P, Northern Ireland which provides crypto mining services in our real crypto mining farm facility located in Almaty, Kazakhstan.”. So I searched Woodland network LP. (limited partnership).

There is nothing about it other that the filling of the partnership in Company’s House: https://beta.companieshouse.gov.uk/company/NL000405 In terms of filling, it’s pretty slim, there is only a signed document by “someone” who paid £1000…in cash to register. Enough said!? As the financial year come to a close today, it will be interesting to monitor their accounts. #lol

4. April 2018

G. Tyshenk

Chris,
Do you know how many companies list themselves in Ireland and Bermuda for tax savings purposes. it is standard practice for many NASDAQ listed stocks to file in Ireland. There is nothing “fishy” about doing this as having a company listing is standard business practice for stocks, IPOs and many ICOs. If anything it further legitimizes Ice Rock Mining (a “scam” ICO would not go to the trouble of pay the money to file their company.

9. April 2018

Anonymous

Utter nonsense! Ireland (Rep of) and Northern Ireland are 2 very different jurisdictions. When a multinational is seeking to implement itself in Europe, it does indeed go to Ireland (Rep of), or Netherland or Luxembourg for tax efficiency purposes. Like Apple, Google, Dell, Facebook or Amazon and many others. But I don’t think Steve Jobs (to take one example) got a couple of grand cash from his pocket to register Apple in Republic of Ireland though. It is a scam and the comments you are making in their defence shows that you are part of it. It’s simple: Kazakhstan is a corrupt nation (like any former soviet colonies) and anything coming out of it is dodgy (apart from Baikonur which is the exception that make up the rule). Stop barking and get back to your naturally cooled grotto, we’re more clever than you lot.
PS: I have read the whitepaper and it stinks from 10,000 miles away. There is nothing beyond Q3 2018. It says that the “scammers” intend to buy the equipment to mine but what’s after that??? No vision for the medium to long term. NOTHING AT ALL! In other words, they pocket the money from gullible Westerners and disappear in the vast toundra where (they hope) no one is going to find them.
By trying to defend “them” you only show that you are part of the problem.

20. April 2018

G. Tyshenk

Thank you for the geography lesson that has nothing to do with businesses registering in Ireland for huge tax savings. Become educated and see:

Ireland Heads Forbes’ List Of The Best Countries For Business

https://www.forbes.com/sites/kurtbadenhausen/2013/12/04/ireland-heads-forbes-list-of-the-best-countries-for-business/#487b61312f03

and see:

How do companies avoid there taxes? BBC News

http://www.bbc.com/news/business-20580545

There are 700 US companies listed in Ireland. Maybe all of these SEC regulated companies including Google and Starbucks are scams too just because they are doing smart business and minimizing there taxes.

Seems you lost the plot Sherlock (and if you are too dim I will explain it to you: Running a business from a foreign registered country like Ireland does not equate to being a scam).

As for corruption I think many countries have people who are corrupt including the USA. It is not a problem just in Eastern bloc countries.

Again I do not work for Ice Rock. I am not defending them but I have taken the time to correct many of the rather weak, illogical and false comments posted that are perpetuating misinformation.

When I think of a scam ICO the recent Saverdroid debacle,
See: https://coindelite.com/news/german-startup-is-over-and-out-after-50-million-ico-scam/

I do not see IRM following this sort of “cut and run” pattern. IRM does not appear to be like bitconnect or saverdroid.

Somehow you think that you can discredit all of my comments here by linking me to IRM. The fact that I don’t work for them causes your thesis to fall apart.

23. April 2018

Anonymous

-doesn’t actually use arguing points
-nitpicks grammar “Uh the definition of shill is blah blah blah” “thief is inherently immoral by definition” (looks like someone hasn’t heard of robin hood)
-filing legitimizes ICO
no it doesn’t. It would be an elaborate tool as a scam.
Have you heard of bitconnect? I think not.

19. April 2018

Alex Hilton

LOL – Northern Ireland is in the UK. Massively different from Ireland, taxwise

15. May 2018

me

Every poorly formed, testosterone driven comment serves to legitimize Mr. Tyshenks arguments, who so far as I’ve read, is calm, clear, concise, and attempting to make a logic determined choice whether to invest. For all the lesser minds, that means: Showing your ass intellectually, SUPPORTS the guys position. If you want to expose or debunk him, you’ll have to do it with a strong supported argument. Especially if this is an agent of IRM. Because if you can’t beat them, logic would beg you to ask yourself why you are not joining them. If you really want to protect the public, please ACTUALLY DEFEAT THEM, not waive your *^& at them.

23. May 2018

Raef

More monkey business? Please guys don’t do a kirk pathumanun!

4. April 2018

G. Tyshenk

Many of these comments are not helpful.
The article is not well researched and there are many leaps in logic that lead the author to say Ice Rock Mining is, in his opinion, a scam. The author did not contact IRM to ask about his concerns. Maybe the other projects started by Malik have been abandoned because IRM ICO has become a full time job.
Is there a large bunker for a mining set up and cheap hydroelectric nearby – Yes!
Has the project ICO raised funds to buy S9 Anti miners – Yes!
I think the project will succeed. Will the returns be as high as promised – Maybe depending on the growth of Cryptos.

I have more faith in Malik and the team that are building a mining farm than in a poorly researched article tearing the ICO down.

The team has invested a lot of time in to promoting IRM doing ICO bounty programs, website, YouTube videos, running a pre-ICO, attending conferences, doing interviews…. Quite a huge waste of their time if this was a scam.
I am not affiliated with IRM but run my own website reviewing new crypto start ups. My reviews of IRM show it is one of the better ICO projects of 2018!

2. April 2018

Anonymous

The article does leave out a lot of information and it would of been very helpful if they would of contacted the company. You mentioned you reviewed the project, did you receive compensation for the review? If so, that should have been disclosed in your response.

8. April 2018

G. Tyshenk

Anon…. The article does leave out a lot of information and it is very poorly researched. The team for this ICO seems very approachable on social media (telegram, facebook), so I am not sure why the author didn’t check his facts first with them to get some accurate answers. It seems the basis for calling several projects “a scam” by this author includes looking at the quality of the website design and easy weblinks he accesses. Hardly a good metric.
Many ICOs are start ups with really good “use case” ideas. They are often started by young entrepreneurs that have great ideas and are developing the team, project and crypto platform as they go along. This is clearly the case with Ice Rock Mining (which is the case for many new ICOs). They have made significant strides in developing their ideas, platform, marketing and running their ICO in the last several months. There is no manual for any of these start up CEOs and it is a work in progress to be sure. The amount of work, logistics, team development, platform design, regulations/paperwork, set up, and management to start an ICO is mind boggling to just get such a project going.
Funny that you call my motives and comment in to question as a way to discredit what I have said. I am from Canada and have no affiliation with Ice Rock Mining. I was not paid to comment here or have any position in Ice Rock Mining (ie. I hold no tokens). As a university teacher I take issue with such a poorly researched and irresponsible blog post by this author which appears to have been cobbled together in just a few minutes. The fact that someone can write a piece of garbage in a few minutes attempting to discredit a team of young entrepreneurs and their work is shocking. I looked at their website and I came to a different conclusion as it looks quite professional in my opinion. If the author of this article was my student and this was an investigative class assignment he would have failed!
At least I am not afraid to post my name and email unlike you hiding behind an “anonymous” name – maybe you are working for a competing ICO or cryptomining company and attempting to discredit Ice Rock Mining to your benefit?

9. April 2018

Anonymous

Only u who is stupid enough to defense it, maybe u re just one of them trying scam money out of people.

13. April 2018

Investornot

Which university are you a professor at? I will tell you if what i think of Ice Rock Mining after.

25. April 2018

Anonymous

Man, you have a really suspiciously unsettling level of aggressiveness in your defense of this company…almost like you have a specific stake in it! Any non-allegorical info you have would be nice, like maybe a payout statement slip?

14. April 2018

G. Tyshenk

Seriously? I have been called “stupid” for answering unsupported and unresearched comments and asked to verify that I am not working for IRM from anonymous posters more than once.
If you review all of the comments and my replies you will see many of the posts casting doubt on IRM and calling it a scam are either uninformed or wrong.

Usually when I think of scam ICOs they have fake websites, the development team remains hidden and they pump then disappear with investors money. I do not see IRM scamming anyone like this and the team is openly posting in social media.

I do not understand the “non-allegorical and payout” comment, I have no IRM tokens and do not work for IRM.

I am not aggressive but do not like people essentially lying and not providing evidence.

If IRM is a scam provide some ACTUAL evidence, the name of one investor who has been defrauded by IRM? I just hate FUD, something this site promotes without due diligence.

14. April 2018

A Scheepers

I completely agree with all Mr. G. Tyshenk’s comments. It is clear that he is a professional, clear headed and a well informed individual. I would like to comment that Mr. G. Tyshenk should not even entertain this discussion anymore as he is on a different level. This so called ‘analysis’ for Ice Rock Mining is unfortunately unprofessional and in my view meaningless. It is not based on any basic principles of a basic business analyses. One comment: Many upstarting companies websites suck and they still become really successful. I have not seen an ICO that has played such open cards like they did so far. Although IRM’s website is just fine in my opinion. Ironically such ill informed ‘analysis’ strengthens Ice Rock Mining in a way for well informed and knowledgeable people. King Regards – Senior Information Systems Manager from South Africa. I will definitely invest some money in rock2.

23. April 2018

G. Tyshenk

Thank you for the astute and insightful comments. I will take your advice and move on from this discussion.

I do want to say that the comments here rightly point out that the ROI seems suspicious. The static return on investment (ROI) calculation, however, is valid but based on certain assumptions (eg. That BTC is at ~$14,000 USD and that mining produces a certain rate of mined BTC based on the mining rigs hash power).

As a hypothetical “thought exercise” think back when BTC was $5, who would have believed it could ever go to $500? And later when BTC hit $700 a price of $14,500 (reached in 2017) seemed like it was fantasy. Is it possible BTC currently at $8.7K might reach new unbelievable highs in the future?

If BTC does increase to new highs then the ROI will be realized. It is for this reason that I am willing to establish a very modest position – just in case BTC does make a run at $20k-$40K. Even small BTC payouts (in ETH) from this mining operation will be more than expected and accrue over time.

The ability to mine BTC individually is long gone so IRM presents a unique opportunity through collective mining for individuals to obtain BTC dividends. The team has incentive to succeed as they take 10% profit each month. I hope the young team does succeed in setting up its mining farm…. only time will tell.

ICOs are largely unregulated and very risky. Know this going in to any ICO purchase. There are many ICOs and I hope everyone finds crypto start-up companies with risk levels they feel comfortable with.

Best of luck to all.

24. April 2018

Thanks!

Well done. You set a fine example Sir, and your comments were not in vain.

23. May 2018

STOP SCAM

yeh many comment not helpful because why ICO maki cloud mini ? lol

16. May 2018

Grateful

Thank you both, for the only intelligible or useful comments on this thread. Well done, G. You kept your cool and I would have given up long before you did.

23. May 2018

Evan’s Dog

Bark bark, dear master Evan, the ICO scammers have locked me in the basement until theh get all the money they need, keep debunking them, I am willing to make the sacrifice, as mankind’s best friend.

1. April 2018

Evan

Very good boy, stay strong :P

1. April 2018

chrisp86

Thanks for the Research Evan, your argruments seem undoubtedly true.
Also its quite funny to see how obvious the scammers from ice rock mining try to Counter your argruments with “annonymous” Posters.
It also seems that they got mad and try to make a lough about the articel by posting childish trash to this site.
So happy that i did not invest in this scam :D

9. March 2018

RiskyGuy

Got instant ban for this is their Telegram chat:

Hey guys I have a few questions about your project:
1. In your documents it is mentioned that the designation of the property is vegetables storage. Do you have any permission from the officials to do mining there?
2. We all know how sometimes the business in post Soviet countries is made… What is your protection against government, police, guys in masks, another rich Kazakh individuals just coming at your place and arrest/raid the bunker and get all the equipment out?

Ask any questions they say…

6. March 2018

Ice Cuck Mining

I guess the only vegetables stored in the cave are the people themselves…

6. March 2018

thiện

oh,scam or not scam

4. March 2018

Anonymous

thank you very much.

3. March 2018

Anonymous

Evan, you’re right. Ice rock mining is a scam. There are people who have done research and found out they are linked to the same amatuers who created sun-mining. Essentially these scammers are going over everything they messed up on with sun-mining that proved it was a scam to try to make this scam site as ledgit looking as possible, however it appears they got lazy. It’s very obvious these are the same scammers essentially by their mannerisms. Once you call them out as a scam and point out the obvious red flags, they act very childish and immature about defending their scam, I’m not sure if they are this stupid or if their goal is to try to drag you down to their level of incompetence. But either way, it’s always the same arguments I hear “you don’t know what you’re talking about” “do you have proof?” They ignore all the evidence and obvious red flags in an attempt to defend the scam at all cost. This is the exact same way these bozoes defended sun-mining. It’s a scam period.

1. March 2018

Evan

Thanks man, I really appreciate you taking the time to write this!

1. March 2018

I’m not a robot

Is there a article/source about that sun mining thing? I’m just interested in this particular ICO.

1. May 2018

Evan’s wife

Evan my darling eat my pussy now stop masturbating yourself infront of your computer.

28. February 2018

Silent majority

Trolls everywhere

25. February 2018

Potential Investor

+1

23. May 2018

Evan”s girlfriend

Evan, stop to do this shit, come and lick my pussy. I miss you. You didn’t lick it because you are every time to do something on your computer, please stop it, and come to me. My kitty is waiting for you, my boy.

19. February 2018

Death-Dealer

Grow up, loser

1. March 2018

Anonymous

Can I ask a honest question? How can you do 4-6 paragraphs with absolute garbage of information and call out an ICO a scam? Honestly, I’m not paid for this comment but your research skills remind me of my dyslexia neighbor trying to explain something. In other words, I say X because Y = 3 x 2 + 1 – (I don’t know what I’m talking about) + (I’ll add a little FUD in here). Seriously, we are all into constructive feed back, but you’re making yourself sound incompetent at reviews

17. February 2018

Evan

So you’re telling me that a brand new company offering 2x guaranteed return is legit? If it was this profitable, they could just get a loan and pay back less.

17. February 2018

thoughtprovoking

I am not paid for this reply but with this logic … Bitcoin is the biggest scam of the century since it has risen over 10 times in FIAT over the past year. Google is also a scam … Apple a scam too and so is Tesla!!!

1. March 2018

Dude

you are clearly invested in this ico.

28. May 2018

thoughtprovoking

Also, they openly stated that these are just the numbers under certain constraints and parameters … I think you just sliced the bar and did not read through the assumptions they made like BTC price they assumed, the difficulty I mining and so on and so forth.

1. March 2018

thoughtprovoking

For me honestly … I think they might have exaggerated the numbers … but they mentioned returns in FIAT value (USDs) … so I think …( I am not sure 100% … there is always risk in investment ) … if BTC goes up to 20K, we can get at-least 50-70-% ROI per year and for me honestly that is more than enough … Since I can sell my tokens when the price is high if I want and sweet income is coming each month :)

1. March 2018

chrisp86

Damn ist quite obvious that you are involved in the ico and just want to defend the ico to stop People from thinking its a scam. I mean honestly who starts his Argument with “I am not paid for this reply “

9. March 2018

Richard

“If it was this profitable, they could just get a loan and pay back less.”

Why do companies get investment? They need the cash injection to grow their business. Do you think a bank is going to lend that kind of money?

21. March 2018

Richard2

lol for real

28. March 2018

ok

how can you say:

“Honestly, I’m not paid for this comment”

then follow it up with

“we are all into constructive feed back”

it’s pretty obvious you’re the ice cuck mining and you’re trying to defend even more, no one goes out of their way to defend a shitty ICO, it’s pretty obvious too all these vulgar comments are left by you and your crew, your ico is a scam, you’re shit, you’re a loser. :)

1. March 2018

Evan’s Grandfather

Don’t talk to my grandchild like that ! We don’t need you to prove anything, we raised Evan to be able to prove things for us, so you see it’s over for you.

4. February 2018

Evan’s Grandfather’s Friend

Yeah, what he ^ said!

28. March 2018

Evan’s Grandfather’s friend’s wife

I think you have your teeth on the table, dear…and stop watching porn all day.

6. April 2018

thoughtprovoking

As far as my comments are concerned in the post, surely you can disagree but I just said what I thought and I have been wrong before many times. I was not wrong when Ethereum’s launch was delayed for months and months and I did my due diligence .. Believe me many people called Vitalik Buterin a scammer since at that time he was just a very young unknown guy … Also, I invested in Tezos and Credits … just look at how many people who called these projects scams … problem is that you just have to do your own research and take risk … sometimes you win and sometimes you fail!

Once again I could be wrong about IRM … please invest carefully … Cryptos are still in infancy and we have to be careful. Yes I started the argument like that but I am not a part of Ice Rock Mining team. I only invested recently after having enough confidence in them … the reason was that they recently showed the contract with Bitmain (ASIC manufacturers). By the time I wrote the post I had not invested but I invested recently just like 5% of my portfolio … as much as I could afford. Also, I just found that they have been mining already and paying dividends to ROCK1 token holders. Yes I am not paid … I started with this line because people are just way too negative. Cryptos in general are very risky investment(atleast for now). Actually their firm is registered in Ireland that is true … They answered the FUD related to the Kazakhstan ban on cryptos and also showed the proof of cooperation with the world’s leading ASIC manufacturer. So I think well … no one can be 100% sure that it will be a success .. point here is that … there are no guarantees in cryptos … only opportunities and each opportunity has something called –> Opportunity cost –> meaning you have to always gauge the risk vs reward ratio, do your own research and only invest what you can afford to lose.

6. April 2018

Anonymous

Their PR guy is the main scam. Don’t even bother going over the whitepaper.

29. January 2018

Anonymous

I replied here since they are having an ICO again.

29. January 2018

Anonymous

see bitcointalk forum for details

29. January 2018

Evan

Yup, I just saw it. This will be a “good” ICO :)

30. January 2018

Wija

Just stumbled upon this site Evan, good info to incorporate. I haven’t looked it over completely as I was led here on my journey researching this icerock mining gig. I’m watching from afar.

A Q for you, what’s the benefit for investing in a “good” ico as opposed to just buying the crypto they’re basing their tech off of…ie, btc or ETH?

Thanks…CrytpNewb

19. February 2018

Evan

Technically, they are two different currencies.
A new ICO can still moon even if the (ETH) is going down. Investing into ETH just because ___ ICO will use an ERC-20 token is not a good idea :)

22. February 2018

Coinanalysis.io revealed as Scam

but anyway to be short about this one… it seems a fairy tail … 100% in 3 months… is insane… just to let the people know some info in case that they have missed anything

28. November 2017

vinicius

if you read well about the earnings calculations, you will realize that with the amount of your tokens and without the bonus after the start of the project, the cash return will only happen after 5 months

22. February 2018

Ice Rock Mining Manager

On behalf of the whole Ice Rock Mining Sca… Team, we would like to apologize for these comments. We made the mistake to hire some people with a severe retardation, causing them to write stupid comments. We will lock them in the basement until we got all the money we need.

Thanks.

20. November 2017

Al Beback

Im laughing literally out loud at these comments. i came here for a legit review and have instead found some humor for my day. thank you

22. February 2018

Evan

(Sorry that your comment was only published today, it somehow got flagged as spam – sorry!)

Yeah, and the best thing is: They think “roasting” me will fix the situation.

5. March 2018

Evan’s Dad

Evan! Stop talking to your mum like, now get back in the basement, and clean it! It’s a fucking mess

17. November 2017

Evan

But Dad, why do I have to clean the Ice Rock Mining offices?

17. November 2017

Evan’s Mom

Evan you should learn some manners!
Stop talking back to your Dad like that. We have raised you with such hardship and now you are talking about cryptocurrencies? Dont expect to waste all your Dad’s hard earned money in all those worthless coin reviews that you make and stop spending nights with that witch you have married.

19. November 2017

Evan’s Mom

Evan Keep your big mouth to yourself and stop spreading FUD about everything you see on the internet
nuff said

14. November 2017

Evan

Is someone getting mad?

14. November 2017

Evan’s Mom

Yes I am your Mom – for God’s sake do call me at times you seem to have forgotten your manners and how to talk to people. This is the work of that witch you have married. She seems to have ruined your mind and basic intuition.

Evan how many times have I told you darling to stay out of cryptocurrencies. They are all scam.

16. November 2017

Evan’s Dad

Evan! What are you doing!

17. November 2017

Dias Kurmanov

LOL Mr. Inspector.

Seems that have seen a lot of detective films.

ROFL

18. October 2017

Evan

Hello Dias,
I did, therefore I was able to conduct a proper investigation :)

19. October 2017

Dias Kurmanov

LOL Mr. Evan.

23. October 2017

Evan

So “LOL” instead of explaining these fake websites?

23. October 2017

Dias Kurmanov

Sir, I do not see the need to prove anything to a person who does not understand at all what sort of verdicts they make. leave the article as it is. it will dishonor your name when everyone sees that our project is real.

4. November 2017

Evan’s Grandfather

Leave the child alone daughter, and you to son-in-law! Don’t fret Evan :)

28. March 2018

STOP SCAM

u mean icorock is really scam ? oh please don’t tell us, we understand

16. May 2018