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Title: Scrypt mining starting at only 40$ - MimoCloud Post by: mimocloud on June 13, 2014, 11:48:19 AM Hey there miners,
we are very proud to announce that we now offer scrypt based mining plans. 1 MH/s costs only 55$ for a whole year. The payout will be in Litecoin (LTC). we have been working for a long time together on an exclusive contract with Mining ASICs Technologies B.V. to offer our client such a extremely low price. Currently we can offer mining power over 20 GH/s for scrypt mining just for a single client! So dont miss this exclusive offer. for more information you should also check our website: https://mimocloud.net/litecoin-mining-plans-scrypt/ if you have any further question please feel free to contact our support department support@mimocloud.net or simply give us a call. Have a fine day, The MimoCloud Team! https://mimocloud.net/wp-content/uploads/2014/06/scrypt_ad_mimocloud.png https://mimocloud.net (https://mimocloud.net) Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: ChuckBuck on June 13, 2014, 01:35:22 PM That's a new one, a pre-order for cloud hashing!
I see some picture of Mining Asic Technologies on the website, but which exact miners do you use for your SHA-256 and Scrypt mining operation? Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: Feneusens on June 13, 2014, 02:05:35 PM Worth the price, just pre-order.
Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: nemisan on June 14, 2014, 05:41:01 PM Nice price genesis mining gonna scare lol :-*
Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: brian_23452 on June 14, 2014, 11:13:46 PM How do you figure it is a nice price? Lets list the problems....
1. It isn't 55 dollars. They charge a weekly fee that is conveniently not mentioned here. 2. The terms of the contact stipulate that they can start mining as late as 9-30-14. So basically October. You think $55+weekly maintainance fee per Mh/s is really going to be profitable come October? 3. No mention of what they're mining with. And no ability to point the "miners" at your own pool. Obviously we don't know for sure, but this is the classic formula for a company that isn't actually mining, just collecting payments and paying out via those payments. Those are the cons, what are the pros? 1. Well, I guess you can save time, by combining two different scams, the preorder scam and the contract mining scam, into one deal. I'm waiting for the day these rip off companies take it one step further and just start selling btc at like 4-3, pay us 1BTC for .75BTC or something like that. Would amount to the same thing and save everyone a lot of time and hassle. Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: spartan82 on June 15, 2014, 12:30:27 PM $0.08/mh per week for electricity fee? In germany? I call bullshit. What miners are you basing this on?
Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: mimocloud on June 15, 2014, 01:08:06 PM Thats not the hole fee its just a part of the fee we take from the client!
https://mimocloud.net/wp-content/uploads/2014/06/scrypt_ad_mimocloud.png https://mimocloud.net (https://mimocloud.net) Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: spartan82 on June 15, 2014, 01:32:13 PM Thats not the hole fee its just a part of the fee we take from the client! I believe it's "whole".. But anyhow lets have a look at your product description: (Taken from your website) Quote Product Description 500 MH/s Mining Power Weekly Litecoin Payouts to your wallet. 0% Administrative Fee (included) 0.08$ power fee per MH/week No forced re-investment Not the hole fee you say? Please explain your fees a little more clearer so I can understand a bit more about them. Also a very important issue I picked up here that makes completely no sense to me, lets go with your 500mh contract. Your prices: BTC38 or US$20,000 At current rates that is a discount of around $1300 when paying in US$.. What's the story with this? Title: Re: Scrypt mining stating at 55$ - MimoCloud Post by: mimocloud on June 15, 2014, 02:02:58 PM We have a special contract with Mining Asics Technologies B.V.
We are very near located to them... They are located in Maastricht and we are located 45 kilometers away in Aachen. We host all our Hardware by ourselfs. Currently we are using the A1 as our BitCon ASICs and for Scrypt we going to use the ASIC of Mining Asics Technologies B.V. Here are some blockchain Informations of our last payouts: https://blockchain.info/tx/7a79512ed0b330877e9e84c2dfdfed2b3a620b01a1e38672ff984e168f314d6c https://blockchain.info/tx/0ed56c5cd8fa8c7b7f898626ed2c09684150143535dc0d35c497db622b9519b2 https://blockchain.info/tx/421c738cfefe5924edb9c2023f3f1d03b6f997c56a695b9ffc46615d824aa84d https://blockchain.info/tx/527504e5e8db52757ae6581b15de6e1994e54f08a22e9bdf360843f07f20e467 If you have any more questions, please feel free to ask. https://mimocloud.net/wp-content/uploads/2014/06/scrypt_ad_mimocloud.png https://mimocloud.net (https://mimocloud.net) Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: spartan82 on June 15, 2014, 03:04:54 PM You didn't answer the questions in the first place.. Sorry but ill ask again. What are the total fees, and why the $1400 saving when paying in $US other than BTC?
Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: mimocloud on June 15, 2014, 03:16:58 PM Hello again,
that could depend on our exchange rate API but 1400$ ??? we just have check this "issue". And we dont see what you are talking about! The price is about 36 BTC currently. Our System does this exchange life through a finance APi-System! https://mimocloud.net/wp-content/uploads/2014/06/scrypt_ad_mimocloud.png https://mimocloud.net (https://mimocloud.net) Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: spartan82 on June 15, 2014, 03:28:00 PM Thats not the hole fee its just a part of the fee we take from the client! https://mimocloud.net/wp-content/uploads/2014/06/scrypt_ad_mimocloud.png https://mimocloud.net (https://mimocloud.net) I can't find what the other fees are that you are talking about ^^^ From your website terms and conditions: Quote b. The estimated start date for the batch 1 litecoin mining plans is the 07.30.14. The guaranteed start date is the 09.30.14. I see what you did there ;) Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: mimocloud on June 15, 2014, 03:49:05 PM i can also explain this to you.
"MAT" should ship our devices next month. But if not (Production delay), and we going into a delay, we want to offer our client a full refund! To process all possible refunds to our clients, we want to have a bit of time! Thats why "07.30.14. The guaranteed start date is the 09.30.14." https://mimocloud.net/wp-content/uploads/2014/06/scrypt_ad_mimocloud.png https://mimocloud.net (https://mimocloud.net) check us: Facebook: https://www.facebook.com/mimocloudmining (https://www.facebook.com/mimocloudmining) twitter https://twitter.com/mimocloud (https://twitter.com/mimocloud) Google+: https://plus.google.com/+MimocloudNetmining (https://plus.google.com/+MimocloudNetmining/posts) Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: ChuckBuck on June 15, 2014, 03:57:23 PM That's quite a range you have there!
7/30 to 9/30. Basically noob bait. "Did we say July no no it starts in October silly!" :P Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: spartan82 on June 15, 2014, 09:12:36 PM That's quite a range you have there! 7/30 to 9/30. Basically noob bait. "Did we say July no no it starts in October silly!" :P Precisely, so if anyone is willing to invest $55/mh for July start with only $0.08/mh fee per week then that is an absolute bargain as far as I can see. Pointers for offering refunds too. However with this clause in play and wait till October still want to invest? Ill make a better offer to potential customers, how does $50/mh sound? Because I can guarantee you by that time there will be faster cheaper more energy efficient miners out there that will make me tonnes of money at $50/mh but I will not guarantee that you will make any ROI at that rate now by October. Mimocloud, you have also made another HUGE error on your site and post here. You claim your cloud mining packages begin at $55/mh, and you are selling 500mh packages for $20,000. I'm no genius but my calculator puts that at $40/mh. What's the story behind this? Because even with those $0.08/mh fees, your still only paying an extra $2080 per year for hosting/fees. That takes you to $44.16/mh. Still not $55/mh. Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: brian_23452 on June 15, 2014, 09:47:39 PM I don't think they really care. The contract doesn't begin until October, at which point we can all be pretty sure this won't be profitable (thats assuming they don't just run off with the money of course). Assuming they actually honor the terms of the contract, it will be all profit for them regardless.
Couple of interesting points about the contract that you may not have noticed: Section 12, they can cancel the contract at any time without refund. Section 9, you have two weeks from date of purchase to request a refund. Since the contract doesn't start in October, by the time you realize it is a shitty deal you can't refund. Section 6a, they can change the terms of the contract at any time, without you having any recourse. Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: spartan82 on June 15, 2014, 10:37:39 PM I don't think they really care. The contract doesn't begin until October, at which point we can all be pretty sure this won't be profitable (thats assuming they don't just run off with the money of course). Assuming they actually honor the terms of the contract, it will be all profit for them regardless. Couple of interesting points about the contract that you may not have noticed: Section 12, they can cancel the contract at any time without refund. Section 9, you have two weeks from date of purchase to request a refund. Since the contract doesn't start in October, by the time you realize it is a shitty deal you can't refund. Section 6a, they can change the terms of the contract at any time, without you having any recourse. You're damn right I didn't notice that lol clear indications right there. Don't even bother folks. Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: mimocloud on June 19, 2014, 09:48:50 AM I don't think they really care. The contract doesn't begin until October, at which point we can all be pretty sure this won't be profitable (thats assuming they don't just run off with the money of course). Assuming they actually honor the terms of the contract, it will be all profit for them regardless. Couple of interesting points about the contract that you may not have noticed: Section 12, they can cancel the contract at any time without refund. Section 9, you have two weeks from date of purchase to request a refund. Since the contract doesn't start in October, by the time you realize it is a shitty deal you can't refund. Section 6a, they can change the terms of the contract at any time, without you having any recourse. Hey there, we have revised our Terms of Sale,please take a look. Section 12, the litecoin and dogecoin contracts have a duration of 12 months. We can`t just cancel your order without a refund. Section 6a, 'MimoCloud' reserves the right to revise, amend and add to the 'TOS', as long as this does not cause any disadvantages for the customer. We have also changed the guaranteed start date to the 30th August. If we don`t start till this date, you can get a refund. M.A.T. is still on track for delivering their miners in July. We will start your mining contracts as soon as we have the hardware.We believe in our Partner (Mining Asics Technologies B.V.) and we want to make our customers satisfied. Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: MRKLYE on June 19, 2014, 09:52:00 AM Seems legit.. Have some neg rep for your obvious scam.
Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: mimocloud on June 19, 2014, 09:56:08 AM Also, we are a registered company in Germany. We were founded in 2013. We can`t just take your money and run away. We have proof that we are paying our customers out their bitcoins every sunday. Please take a look at the blockchain links.
Take a look at the about us page to learn more about us. Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: armin22 on June 19, 2014, 09:57:43 AM Seems legit.. Have some neg rep for your obvious scam. Neg rep from you is useless dipshit. Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: ABitNut on June 19, 2014, 10:07:12 AM My advice: don't do pre-order.
Because you never know... They may start mining in 2 weeks! Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: mimocloud on June 19, 2014, 10:55:39 AM You didn't answer the questions in the first place.. Sorry but ill ask again. What are the total fees, and why the $1400 saving when paying in $US other than BTC? It seems like there was some kind of misunderstanding here. There is only the electricity fee of 0.08$. There are no administration or pool fees. Sorry for the confusion.Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: nemisan on June 19, 2014, 11:03:45 AM mimocloud sorry man i will trust you but here are many problems look here https://bitcointalk.org/index.php?topic=518189.20 (https://bitcointalk.org/index.php?topic=518189.20) :-\
Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: mimocloud on June 19, 2014, 12:09:25 PM My advice: don't do pre-order. Because you never know... They may start mining in 2 weeks! Well that my right for most companies but we guarantee you that if we don`t start within this timeframe of 30 days you can get your money back. So, there is no risk for you. Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: ABitNut on June 19, 2014, 11:55:04 PM My advice: don't do pre-order. Because you never know... They may start mining in 2 weeks! Well that my right for most companies but we guarantee you that if we don`t start within this timeframe of 30 days you can get your money back. So, there is no risk for you. I don't know you. I don't know your company. I've seen enough scams. Your guarantee is worth less than a Monarch pre-order to me. I'm not going to take any effort to verify you. The burden of proof is on you. Just saying that you're legit doesn't make you legit. Don't feel bad about it, though. Every pre-order sets off my scam alarm. And cloud mining is either a scam or poor business. And I default to scam. Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: mimocloud on June 20, 2014, 12:39:06 PM Well you can pay via Paypal in our shop and if we don`t deliver on time, you can still easily get your money back via Paypal. If you don`t trust us, trust Paypal.
Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: nemisan on June 20, 2014, 03:02:57 PM Well you can pay via Paypal in our shop and if we don`t deliver on time, you can still easily get your money back via Paypal. If you don`t trust us, trust Paypal. The guaranteed start date of the batch 1 litecoin mining plans is 30th August, 2014. If you pre order now from paypal you lost you guarantee on paypal you have only 45 days to claim, now to 30 th august 2014 are 72 days gone.... ;D Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: mimocloud on June 20, 2014, 05:07:28 PM That`s right. I`m still sure we can start the contracts next month. If we don`t you can get a refund via Paypal in July. So you can order now and if we don`t deliver within this 45 days, you will get your money back.
Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: nemisan on June 20, 2014, 06:10:31 PM Yes but in the contract is the refund only fore the guanteed start 30th august en not fore 30 july, im right?
Title: Re: Scryp mining stating at 55$ - MimoCloud Post by: brian_23452 on June 20, 2014, 06:30:54 PM That`s right. I`m still sure we can start the contracts next month. If we don`t you can get a refund via Paypal in July. So you can order now and if we don`t deliver within this 45 days, you will get your money back. Well yea your sure because it doesn't cost you anything if your wrong. Obviously though and I'm sure you can agree, there is a huge difference in the value of your contracts if you start in one month versus two months versus 3 months. Explain exactly why someone who was considering purchasing one of your contracts wouldn't be better off just waiting until they are actually available? |
