Dear Miners,Our engineers sent the pictures that you were asking. BitCloudMine has updated some pictures of its mining farm. If you have any questions you could send email to: support@bitcloudmine.comThanks for your interest. Nice Sundays!
Bitcloudmine Supporthttps://www.bitcloudmine.com/ Here's one of the pictures you posted of "your" farm:  That is quite clearly a picture from Genesis Mining's farm, not yours, as shown in the video below: https://www.youtube.com/watch?v=95JfYFIRPZU |
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I´m not excluding any possibilities Mabsark. It´s just interesting how you and other leading self-appointed saviors of people from themselves always refuse to discuss the possibility that in at least some cases your systematic campaigns drive operations even legit/sustainable ones out of business, thereby making them a self-fulfilling prophecy of yours.
Why would a legit service be driven out of business rather than provide evidence of their legitimacy? It simply makes no sense whatsoever. Providing proof of hash rate is as simple as posting a link or two and in no way compromises security. Also, if it was a legitimate service, they wouldn't actually need customers anyway because they would have revenue from mining. |
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Well, then you avoid them. End of story, I presume. You just got here. The people I´m referring to have been whining the same song for months, up to a year some of them. Maybe you´ll join the chorus for the next months, time will tell.
And those people have been proven right time and time again. |
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Spondoolies' next gen will still be using 28nm and is months away. AM have always said Feb-March for mass production of their next gen chips so they might already have them. Can you say anything about the expected development time for gen 3?
Are we looking at weeks, months, years?
Few months. We have two parallel efforts, each with different risk / reward and timeframe. It's not around the corner, we need to squeeze the most from 28, since we don't do FinFET yet. The mass production time of BE300 in terms of chip-out date is February to March, 2015.
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From their forum: Postby joo » Wed Feb 18, 2015 4:55 am
Total Hash Power 950 Ghs
Latest Payout 0.00084625 BTC
Latest Payout Date 2015-02-18 00:00:02 GMT
2015-02-17
0.01 BTC
Why? :shock: That's 89 Satoshis per Gh/day. Postby joo » Fri Feb 20, 2015 4:30 am
Total Hash Power 950 Ghs
Latest Payout 0.00103742 BTC
Latest Payout Date 2015-02-20 00:00:01 GMT That's 109 Satoshis per Gh/day. Postby support » Wed Feb 18, 2015 4:02 pm
Due to plummeting bitcoin price in FIAT our support related charges have increased a LOT. This is one of the reason you'll find a LOT of people are complaining about low payout. While most of the Cloud Mining companies have ceased operation in this situation, we covered our miners with our previous profit and continued the operation. That is, we have indeed incurred loss for some time. That is why we have increased our mining cost to meet people's payout expectation by covering our support & maintenance cost. You might also notice that we have increased our referral commission to 15%, which is probably the highest in cloud mining industry. Neither the rate nor this commission is permanent and they will be fluctuating with time. I wouldn't be surprised if this is this is the last sales push before they run with the money. |
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I'd say they've ran away with the money or are celebrating Chinese New Year (which would be pretty strange considering they're supposedly Israeli).
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I have made pretty good profits in cloud mining but only through aggressive reinvestments, both straight into the same vehicle like here and also between investments. So, I have much more bitcoin than when I started what seven months ago but in fiat terms the profit isn´t that great. It´s a good thing that an opportunity for very good compound interest exists when what you´re invested in keeps plunging in price. also it´s a very risky marketplace so your yield demand has to be very high.
Incidentally, those 250 GH/s from Nov-Dec there on the account are all reinvestments from PB Mining so you could say that I recovered something through this in a way.
If you've been reinvesting your payouts then you haven't made any profit at all. Given that half of the services you've invested in don't allow you to sell the contracts, the only way you could make a profit from them is from the mining payouts which you keep giving back to those services. If all the cloud mining services you've invested in closed right now, how much would you have lost? |
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When you provide some evidence of legitimacy, then you can call yourself a cloud mining service. Until then, you're just some dodgy, anonymous person trying to lure people into a dark alley in order to rip them off.
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Here's something which may cheer you guys up. I created a thread to have a 1 BTC bet with RoadStress. Here's the initial post from that thread: Praising SP-Tech, maybe, but talking rubbish no. Since you refuse to show some examples I am sure that you, as an AM shareholder, have a different way of digesting the reality and the facts when presented to you and that's why you see it as talking rubbish. Until you will present some evidence of talking rubbish your statements are worthless for me.
Put your bitcoin where your mouth is then. Let's have a 1 BTC bet. If I can provide a quote of you talking rubbish about AM in the AM shareholders thread I win and you owe me 1 BTC. If I can't provide such a quote, you win and I owe you 1 BTC. Edit: For the purpose of the bet, talking rubbish is defined as trolling, telling lies, spreading rumours, presenting opinion as facts. His last post in this thread may have just cost him 1 BTC and if he refuses to pay out then that's a valid reason for a scam accusation and negative feedback.  |
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And you seem like the few who will not accept the fact that AM is dead.
I'll take that 1 BTC now, thanks. |
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If you compare BitMain to any other Mining company; They are the only ones without any real Pre-orders (I don't count waiting a bit for S2 / S3 / S4 / S5).
Show us such a comparison with ASICMiner then.  |
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I don't believe you. Why should I take your word? BCS delivers. That is fact.
You don't believe what exactly? I'm not asking you to believe anything. I'm actually doing the exact opposite by telling you to ask for evidence of legitimacy instead of sending money to strangers on the Internet who are trying to weasel money out of you and actively refuse to provide such evidence of legitimacy. |
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So, what are the chances they'll catch up the dividends after the holiday?
100% that they will. |
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A "cloud mining service" that refuses to provide proof that it has the hashing power it claims to have is no more of a cloud mining service than Bitcoin Difficulty Derivative (BDD). Also, no miner has ever stood a chance of being able to mine profitably for 5 years, therefore 5 year contracts are a sure sign of a scam. In fact, I'd call 5 years contracts a scam in their own right. Instead of asking why people think that a "company" that refuses to provide evidence of its legitimacy and makes incredible claims (5 years contracts) is a scam, it makes far more sense to ask why people would send their money to such a "company" at all. |
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AMHash1 is a mining Fund which has 5 Peta-hash per second or (5,000,000 Giga-hashes per second) in total.
The Fund is divided into 5 million (5,000,000) s each of which represents 1Gigahash per second.
AMHash has 5 Ph/s in total. There is 2.067102 Ph/s on Havelock. They've been sold over 3 rounds. Hashie only had 0.32 Ph/s to sell and it's unknown how much they actually sold. 1) How many shares did Hashie and HAVELOCK get?
A: HAVELOCK and Hashie.co are the only two platforms confirmed by us. The total hashrate of our promotion is 5PH, we sold 0.639PH on HAVELOCK and 0.32PH on Hashie.co. We will open AMHash3 on those two platforms on this 10th.
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None of what you are saying makes any sense at all. AMHash has 5 Ph/s in total and hasn't even sold it all.
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I was doing some calculations upon some information that has been publicly disclosed  Havelock received 5PTs Bitcoin Farm shares in October 2014; 60% is not available for sale on the exchange e.g. has been put aside by investors for medium term ROI  Hashie disclosed they had earned "30-40BTC" reselling AMhash up to early Jan 2015, when they got hacked and went bust. Though the margin was meant to be 16%, for reselling of AMhash e.g. net retail price of 0.000125, Hashie increased it to 0.00014 and finally again to 0.00016 per Ghs as they saw demand outstripping supply from October to December 2014 at (BTC price was averaging $350). The Maths indicates that another 15PTHs Bitcoin Farm was completed in October 2014 by AMhash. Therefore, AMhash net building program was in the region of 20PTHs last October. Direct customers (1000 people), who transferred AMhash when Hashie went bust, own in the region of 12-14PThs and missing 1PTHs - 3PTHs must be owned by staff.  Of course, this is entirely speculation or conjecture from the snippets of publicly disclosed information  Just stop posting, what you are saying is complete and utter nonsense. |
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Go invest in a firm which does not publish payment history and get ripped off.
Go invest in a "firm" which refuses to provide any evidence of legitimacy and get ripped off. Oh wait, you already have - multiple times. |
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Havelock is a completely seperate company to AM and not based in China so trading on Havelock will be completely unaffected.
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