Emmanuel,
Do you think you could let us know a little bit more about how the revenue reinvestment program works? Are we going to be able to see how much we've paid into that program? How often will you be using those funds to invest in new equipment? I know it may not be an exact science as new hardware comes out, hashrates change and so on but I'm sure a lot of people would like to know your initial strategy on this.
Thanks!
Yes, I would also like to know more about this.. yup me too. also, i think it might be a good idea to use the revenue investment program for research in making better asics. maybe you can work side by side with your asic supplier? |
|
|
|
|
people will always be cynics. they are a start up. a little patience is always good.
|
|
|
|
I hope these September contracts actually begin in September... I have 4GH waiting (and have been waiting since July for 1GH).
Buyer beware, promises were made and have not been kept. Although I trust in cloudhashing am pleased with how they have dealt with the delays, everything in the BTC mining world these days is going to take ALOT longer than any company is telling you.
they are a start up. the delays are completely understandable. |
|
|
|
|
good news! maybe CH can brainstorm something about how to market the service with the mainstream. maybe get an affiliate program or something.
let's get more people to buy contracts.
|
|
|
|
Ok guys,
Bringing on another 600 Gigahash this Saturday and more shortly after. We should be pushing the 40% capacity really soon.
In response to previous questions....why the hell would we buy Avalon chips??? Every idiot knows you can't build a profitable cluster with that ancient technology. There are easier ways to throw money own the drain!!!
110 terahashes has been secured and will come online. Won't waste my time here and argue mute points. Will rather spend valuable time on delivering to you guys.
Thanks all :-)
Emmanuel
and thank you for making us a part of the "apple computers" of bitcoin companies. we believe in you. god bless and more power! |
|
|
|
|
a little competition won't hurt guys. CH's 100 terrahash machines are coming.
|
|
|
|
|
CH will pull it off and get 110 terrahashes running. they hired the finest engineers and are working side by side with experienced btc miners. they will pull it off. and you think i am supporting CH for some profit? i just want to see the 'impossible' and see for myself what 110 terrahashes looks like in the stat page of btminter! and yes, also to piss off companies like yours.
cmon CH! get 110 terrahashes up! make it more difficult for coinhoarder's crew! we are better than those bozos!
|
|
|
|
Yea... get back to me when those 110 Th are up and running.  With Avalon chips, 110 Th is about 970,000 watts of electricity, requiring 3,307,700 BTUs with perfect HVAC efficiency. No cooling setup is perfectly efficient, so assume 15-25% more BTUs will be needed on a hot summer day. That makes 3,803,855 BTUs using the more efficient number of 85% efficiency on a hot day. A 50 Ton A/C on 3 phase 460v electricity requires about 23,000 watts of power (Amps x Volts = Watts.) So, 145,820 watts of HVAC needed. 3,802,855 BTUs = 317 Tons of cooling needed. A 50 ton unit is about $29,656.78 with installation (I couldn't find a price for a 300+ ton unit... those are so big and hardly anyone orders them except for large office buildings, so you'd probably have to call to get the costs.) I estimate about... $188,023 in HVAC needed for installation & parts. This would need about 418,314 watts to run 24x7. In summary, ~$188,023 worth of HVAC ~1,388,314 watts of electricity = $5000/day @.15/KWh .... My numbers are probably off a bit, but I think they are close as far as a quick guesstimate goes. Also, you have to get Avalon to actually deliver the damn chips... that's the hard part. Oh my I forgot about assembly... oh well, you get the point. Again, good luck with that. And LOL @ you comparing my group buy services with Cloudhashing's services. I am actually offended by that, our services are not even comparable. Cloudhashing charges $1000 for 20 Gh, when in comparison I allow investors to buy hardware at cost, so $1000 would get you around 64 Gh (a lot more with the more recent better $ per Gh offers) and a small 3% fee. But, let's keep this thread on topic... this is not about me, it is about Cloudhashing.hypocrite confirmed. |
|
|
|
|
what's your pitch? tell something that will make me buy a contract from you instead of cloudhashing.
|
|
|
|
it might be best for emmanuel not to answer and just deploy the 100 terrahash machinezzzz. i don't know how CH can pull this off but it's brilliant if they do.
i understand that some pro miners here keep posting CH as a scam because they are going to get difficulty way way higher once more and more people buy mining contracts from CH.
it might be best for these miners to... nvm.
This has nothing to do about protecting my share of the network hash rate (which is very small.) I hate to see people get scammed and lose money, but I can tell you're not the brightest crayon in the box, so go ahead and do what you want with your money. sure. hypocrite. on another note... 110 terrahashes coming up! |
|
|
|
|
it might be best for emmanuel not to answer and just deploy the 100 terrahash machinezzzz. i don't know how CH can pull this off but it's brilliant if they do.
i understand that some pro miners here keep posting CH as a scam because they are going to get difficulty way way higher once more and more people buy mining contracts from CH.
it might be best for these miners to... nvm.
|
|
|
|
|
do you have indefinite mining contracts? oh and i think it would be a better idea the set your rates in usd.
|
|
|
|
|
nope. not yet. still waiting. there could be a delay since emmanuel hasn't been saying anything.
|
|
|
|
|
cant wait to see that we indeed have 110 terra hashes.
|
|
|
|
|
wait. 110 terrahashes??? does that mean we'll waaay be ahead on everyone else?
|
|
|
|
|
quick question. why do you go back and forth between bitminter and btcguild?
|
|
|
|
If I join now, when will the contract start? Are you still waiting for the hardware's?
he is selling sept contracts https://www.cloudhashing.com/contracts he is at partial hash power and he hopes to be at full hash power in sept. now most of his order is from KNC and knc links are here https://twitter.com/kncminerhttps://www.kncminer.com/news/news-28 so if you wait a few days you will be sure that knc has built a working machine and will really deliver them in sept. so why not clock knc bitcoin mining for a week to be sure they built real gear. Cloud hashing was delayed by bfl as bfl was very slow with gear to the entire btc world. this slowed up cloudhashing. I have a july contract I paid about 700 usd and I have collected about 11 usd. I am hoping for a little better the 11 usd the 20th of aug. I no longer judge this site as good or bad. I just attempt to give the info I know. Along with the result of the 700usd I put into this company. people shouldn't. the ones who posted very negatively in this thread clearly do not have a contract. if they do, we need proof like order numbers and they're email and then confirm it with CH. |
|
|
|
|
who is the biggest miner in the world of bitcoin?
maybe CH should make it their aim to be no. 1.
|
|
|
|
|
Show Posts
