Bitcoin Forum

Bitcoin => Hardware => Topic started by: farproc on June 13, 2013, 03:06:47 PM



Title: $949.95 for 10G hash power, ~50 BTC the 1st year. What do you think about it?
Post by: farproc on June 13, 2013, 03:06:47 PM
Looks like a great deal.  :o
What do you think ???
https://www.cloudhashing.com/index.php


Title: Re: $949.95 for 10G hash power, ~50 BTC the 1st year. What do you think about it?
Post by: blastbob on June 13, 2013, 03:09:16 PM
Quote
To date, we have 30+ terahashes of hashing power on order.

Nothing is delivered to them yet. So nothing to think about :)


Title: Re: $949.95 for 10G hash power, ~50 BTC the 1st year. What do you think about it?
Post by: notlist3d on June 13, 2013, 03:16:06 PM
By the time its delivered to them i would be willing to bet estimates are pretty far off on money to be made.  Difficulty is rising ... fast.


Title: Re: $949.95 for 10G hash power, ~50 BTC the 1st year. What do you think about it?
Post by: server on June 13, 2013, 03:17:17 PM
"September Mining Start Date"

Where did they order the 30+ terahashes ?

Hmm 10G in September with diff=50: BTC0.1 a day or diff=100: BTC0.05 so bi-weekly between BTC1.4-0.7 / weekly BTC0.7-0.35


Title: Re: $949.95 for 10G hash power, ~50 BTC the 1st year. What do you think about it?
Post by: twitami1 on June 13, 2013, 03:19:23 PM
The website is really nice :)


Title: Re: $949.95 for 10G hash power, ~50 BTC the 1st year. What do you think about it?
Post by: HTML5 Gordon on June 13, 2013, 03:44:30 PM
I'd want to see proof that they have actually ordered hardware - I don't see anything on their blog or in their FAQ about their actual hardware orders.  Without proof, I'd be leery that they plan to purchase the hardware with the money they collect for "contracts" (or not purchase hardware at all and keep the money).

It is worth watching, but I would definitely wait until they have hardware online and mining before I sent them any money. 

Quote
Contracts are limited in quantity so pre-order now as mining begins in September 2013.

Don't fall for the scarcity tactic.


Title: Re: $949.95 for 10G hash power, ~50 BTC the 1st year. What do you think about it?
Post by: eule on June 14, 2013, 12:04:40 AM
Considering one 0.5BTC share in blastbob's and tyrion70's (now closed) knc miner group buy is some where between 2 and 4 GHash/s (my guesstimate is 2.82GH), that seems like a bad deal.