Bitcoin Forum

I wanted to contribute something to this thread:
https://bitcointalk.org/index.php?topic=163741.40 (https://bitcointalk.org/index.php?topic=163741.40)

Very new to bitcoins and I decided to purchase a 1 year contract the other day. I suddenly started getting worried about this decision. I just really started to question, (after I had paid them) how realistic their goal was and how they were trying to achieve and just saw DANGER so wanted to pull out. Emailed them and asked about a refund and Emmanuel responded pretty quick and also promptly refunded me via GW. Credit card reflects this also which is good news!

Still not sure on the credibility of this website but at least I got my money back and we will see how it turns out for them! And thought sharing was caring and if you have bought from them and want to pull out, now is probably the best time!  ;)

I bought a 5Gh indefinite contract and two 1 year contracts.  It's a risk.  But here's the thing, once those 6000 contracts are bought, that's it you can't get in.  Expired contracts will only be offered to existing customers. No new customers.  I've been in touch with Emanuel. He's very good at communicating, which says a lot.  They're depending upon BFL labs 1500 Gh miners and I was late to the game buying my own BFL miners.  I'm hoping to reap the rewards from cloudhashing while my BFL orders are pending.  Gotta play to win.

Hi,

We have actually joined the Avalon bandwagon recently. We have purchased 2 terahashes of Avalon chips and they should be assembled and running by June end. Existing contract holders will benefit from this with a contract that starts earlier than the July date.

We did this via Terrahash.com

You see, not everything is a scam as some people on Bitcoin talk would have you believe.

Regards

Emmanuel

Price per GH/s is what's holding me back, but that sure beats the waiting time on any other asic projects.

Did you actually receive a contract after you payed for it?
What was written in it?

Well, all confidence scammers are very good at communicating, so i'm not sure what you think it could mean.

Thus enters the Troll!!

Never heard of this before - quite an interesting concept.  If I didn't already have $2500 tied up with BFL, I'd probably have gone this route.

LOL it's easy to call troll but i'm not the one selling fake contracts.

Care to provice an actual copy of the contracts you sell?

As I rightfully said .

You are nothing but a troll. Another idiot calling something a scam without an ounce of proof.  You are lazy and lack the brains for anything close to a decent debate. I will no longer respond to you.

Kind regards.

And yet you do not provide a copy of the contracts you sell..
 ::)

BTW did you inform hm revenue about the almost 6000 sales you claim you have made?
I can't find anything about VAT on your website...
How much VAT is on financial instruments in the UK?
Never mind, i'll call them myself.

They are a UK registered company, see their about us page: https://cloudhashing.com/about-us (https://cloudhashing.com/about-us)

They don't need todo that until the end of this tax year, so 31st of March, 2014.

I don't think VAT registration isn't a necessity as it's financial instrument - mption.htm#1]http[Suspicious link removed]mption.htm#1 (http://http[Suspicious link removed)

I've purchased one Indefinite contract, will report back when I actually see some BTC hitting my wallet..

Interesting that you can't buy contracts with bitcoins.

People jump the gun pretty quickly...

It's pretty obvious that they buy miners > sell shares (contracts) > buy miners > sell shares (contacts) which is a legitimate way to runs things (infinite supply of machines + same return for everybody = everybody is happy).

Are they honest about it? I can't tell, but people should calm down imo. It doesn't have to be scam all the time.

Yes you can.  I put a contract in my cart and went all the way to the end.  I didn't finish because I don't want to buy and don't have the BTC.  You can pay in BTC or via google wallet.  At this point, I would pay via google, that way there's a trail in case you need it.  No sense paying in BTC until they perform.

its weird because the number of Contracts Sold are 5747/6000, yet we dont see MOST of them here to vouch for it

where are you, the rest of 5k??

1 contract = 1 Gigahash.
2 contracts = 2 Gigahashes
...... You get the gist.

Over half of our contracts  were sold before website launch and we have over 400 individual online customers.

Regards

As a company, we at Cloudhashing value most importantly our customer relationships, and with bitcoin being a quickly emerging industry, we recognize the importance of verifying legitimacy and reputation. Like all new businesses, there is an ongoing effort to build solid customer and business relationships, and we appreciate those who extend us their trust, but fully understand those who are cautious or concerned, and we hope that we can over time gain their trust.

We have provided in numerous cases copies of receipts of purchase of equipment, and we have broadened our Vendor base to include multiple suppliers of equipment to ensure that we can meet the growing demand of our customers and to buffer the variety of lead times that our Vendors are up against. We believe our model offers fair payouts to our contract subscription customers and we have been forthright and clear with all parties inquiring about services purchased and when they go into effect.

Below (at the bottom of this message) are a few examples of our legitimacy, that we hope will help some of you better understand us and our willingness to be as transparent as possible.

We are confident in our service model and infrastructure, and believe in the bitcoin movement wholeheartedly as a both business and individuals.  We will continue to uphold our commitments to being responsive and communicate with integrity.  As we learn more of the market conditions that we are all subject to with regards to hardware delivery challenges, we will share them, along with the victories of services starting.

We are happy to and will continue to provide proof of our commitment customer support, communication and reliability. Feel free to direct any questions directly to us, via the contact us section of our website http://www.cloudhashing.com/

Examples as follows:

Third Party News Article on Cloudhashing Services http://www.coindesk.com/bitcoin-maas-mining-as-a-service-coming-soon/

Cloudhashing Company Newsletter: http://tinyurl.com/cloudhashing

Proof of one of several ASIC Purchases: https://i.imgur.com/wUtMl8P.jpg

Legitimacy Verified on BitCoinTalk: https://bitcointalk.org/index.php?topic=176262.0
Search for: Shared Mining Services

Phone Recording of Customer and Cloudhashing: http://tinyurl.com/cloudhashing-phonecall