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what kind of cloud mining ?
will it be cheaper than genesis mining ?
For cloud mining, we will use our machines to hash and give you the profits of whatever you hashed for the day. Currently, we have not automated this process but the website is in development currently. Considering that genesis mining is sold out of BTC contracts, I cannot give you an exact cost analysis. Thanks, THCG (The Hedge Coin Group) |
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NOTICE
We will be offering purchases on the E9++ and E10's as well! Contact us for pricing if you're interested!
THCG (The Hedge Coin Group)
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In my Opinion , You must get a independent third party to verify your facility and have a link to the evaluation report on the third party official web page . Have a order assurance : If the orders are not fulfilled as per the contract that you will refund the Investment . Have a web interface to the assets so we can monitor /configure the assets that are leased . I think these may put the investors at ease to a certain extent. Cloud Mining is not a popular or a trusted formula and I am not sure about it, unless you can guarantee a mined profit of $32 a day per Antminer s9. That is $32 for every 13.5 Th hash power someone buy's.
Hi, Do you have know of any individuals that are interested in visiting facilities? We currently have a couple of clients looking to visit; however they won't post a review most likely. Order assurance is guaranteed, some recent scenarios: We offered some S9's at a certain time; however we received information that we would not be able to make the order we offered 3 different options for compensation. 1. Total refund 2. Offered the same cost of S9's in E9's at an earlier start date 3. We offered a discount on future purchases Another scenario is that we had a customer that had problems shipping their miners to us, and we gave them a complete refund within 48 hours. We stand by our commitment of trying to make fair deals and keeping on top of the game. If we are unable to complete an order we immediately notify each customer that has placed an order for that date. We are looking into software that allows for this capability; however, we haven't found one that will allow this for 30000 machines in our farm. If anyone has ideas, we are open to them. For cloud mining, we have decided to offer it to people that do not like our import taxes. We would allocate our machines specifically to hash for them rather than them purchasing a miner. We have plenty of machines so we have no problems at all. Many cloud mining sites do not have real hardware and are using the money they get to purchase hardware. Of course we would not guarantee a profit, this is a way to offer our services to people that don't mind owning hardware and would prefer just to have BTC deposited to their wallets. Thanks, THCG (The Hedge Coin Group) |
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some cell phone pics of the mine will do?
Unfortunately, the facility is located in Mongolia and would take a couple days excursion to reach. We would need to plan a trip to go! We can't just waltz in and snap a couple of pictures. I will keep everyone updated with regards to more pictures soon. Another update! Would you guys be interested in cloud mining? We understand that a lot of people are unhappy with our import tax, so we have decided to resolve that by offering cloud mining services, 1 year contracts & our fees won't change. Let me know if you're interested and I can give you more details. Thanks, THCG (The Hedge Coin Group) Do you got any copies of the contracts for hosting and for cloud mining. I mean I see your new might as well show the legal side of stuff to ease some peoples mind. Samples of the hosting contract can be found in the first post! We are writing up a cloud mining contract as we speak! So is there any proof/evidence of what you claim or is this just a wall of text with nothing to back it up. I am seriously considering Investing some money but don't know a good place without seeing a scam. I am going into Initial COin Offerings and they offer much more stability than what is claimed here.  Tell me what proof you are interested in! We have photos of our facility, we have business licenses, we have photos of our stock in warehouses and we have some customer sales. Let me know what we can do to get you on our side! Thanks, THCG (The Hedge Coin Group) |
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some cell phone pics of the mine will do?
Unfortunately, the facility is located in Mongolia and would take a couple days excursion to reach. We would need to plan a trip to go! We can't just waltz in and snap a couple of pictures. I will keep everyone updated with regards to more pictures soon. Another update! Would you guys be interested in cloud mining? We understand that a lot of people are unhappy with our import tax, so we have decided to resolve that by offering cloud mining services, 1 year contracts & our fees won't change. Let me know if you're interested and I can give you more details. Thanks, THCG (The Hedge Coin Group) |
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Unfortunately, we had a NSFW photoshoot for you to see, however, it is not allowed on the forum.
A seasoned holiday greeting from The Hedge Coin Group to you!
We are expecting to see a decrease in available hardware for a little while! Purchase soon and have a Merry Christmas!
THCG (The Hedge Coin Group)
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I appreciate you sharing this information. There are so many scams that one can never be too careful. I received an email from your company about pricing. Are all your s9's new at those prices? I know that you are offering the same rates as ones being sold on ebay... a little high for my taste. thank you for the information though. I will certainly be more interested if pricing becomes more competitive in the future.
All hardware that we sell are brand new. I have a couple of photos I can show with our warehouse and the stock we currently have. The problem with the pricing currently is because of the market in China. There is a shortage of ASIC chips in China and there will be very minimal hardware released in Jan/Feb (After Chinese New Years is when you can expect equipment to pick up again). The pricing if you order ahead of time, will generally be more competitive. We work to try to match our prices to the lowest we can get. Thanks for your interest and if you are in need of future services, keep us in mind. Thanks, THCG (The Hedge Coin Group) |
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Just a word of caution, there is going to be a shortage in equipment soon. You may want to rethink this as you will be paying a lot more than you expect for hardware.
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Hi, I'm looking to meet a couple people from Dubai to see if they would be interested in our services. We are currently based in Shanghai, and are a very large farm with hosting services and hardware sales. We want to expand our business into Dubai and offer our services because we see it as a largely untapped market. If you're interested or have investors or questions, message me here or at info@thehedgecoingroup.com I would definitely be interested to also go down to Dubai as well for a meetup if you guys have interesting offers available! Thanks, THCG (The Hedge Coin Group) |
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Ok, I'll bite. What kind of hardware? Function?
The hardware would be ASIC's, we know that people are generally distrustful to brand new websites that sell stuff. This is why to increase transparency and to have people know about us, we are planning to do a meeting with a presentation regarding our services and hardware sales! What do you think? We obviously want to get as much attendance as possible and as such we are gauging interest. If the united states. CT is not bad since you Have New York just south and you Have Boston Just North and jersey is just a few hours.
We were actually thinking mainly of New York currently as we have a couple of customers from there. Let me know if you think we should go somewhere else instead. looks like they sell hardware and hosting services. would love to know if they are legit? can anyone tell us how long their website has been up? they have "reviews" on their site. https://www.thehedgecoingroup.com/productsOur website has been up since September because we have mainly been dealing with local sales within China. We supply many of the Chinese farms and are available to meet, if you are interested in working out a longer term deal. We have people visit our office in Shanghai often. We are working to expand our network to the Western side of the world, and this is why we are trying to do this. We try to offer convenience of having everything in one place, hardware sales + hosting so you don't have to worry about a thing. If you wish to check out our announcement thread regarding these services you can look here: https://bitcointalk.org/index.php?topic=2541999.msg25922596#msg25922596looks like they sell hardware and hosting services. would love to know if they are legit? can anyone tell us how long their website has been up? they have "reviews" on their site. https://www.thehedgecoingroup.com/productsI hate hate HATE when websites say "contact us for details" I want to find out, not have a relationship. Maybe after I look, but only if I like what I see. Contact us for details might as well be another planet because I'm just as likely to go there. Thanks for the feedback! The only reason we do this is because the pricing of machines is very volatile. We follow the pricing with regards to current market conditions in China. If we were to update our prices a little late on the website we could be down hundreds or even thousands of dollars. This was put in place so that we could have control and not make promises that we couldn't guarantee. Should I start a poll for people to say where they want us to visit? Thanks, THCG (The Hedge Coin Group) |
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Hi,
We are The Hedge Coin Group and we are currently looking into possible ways of entering the market in the Western side of the world, namely Canada and the USA.
Our plan:
- We would set up a meet and greet where we would present about our company and how we have been doing things
- We would offer hardware sales in person, we are currently thinking of bringing ~100 to each location we visit, maximum purchase limit per customer as well
- Attract investors that would want larger scale orders
Our questions:
- What else should we include in our meet and greets?
- What cities, states, or provinces would you guys recommend to maximize the amount of people that we get attending every time?
Our initial thought would be once in Jan/Feb, depending on the logistics. This idea is currently only tentative, but if it gains a lot of traction we would definitely be interested in doing this a couple of times a month, travelling across the world.
Do you guys have any feedback with regards to this?
Thanks,
THCG (The Hedge Coin Group)
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Prices are a bit high for sending miners to china to miner. 9 cents you can get 7 cents in the usa and have someone host it. Even less if you have a lot.
Hi Taserz, You may say that our prices our high for electricity but we have plenty of reason behind it! Lots of hosting services include other charges to hide their upfront costs. I'd say a large incentive for purchasing with us is so that you can relax and have your miners just generate income! We are an all inclusive package so you don't need to go anywhere else for hardware purchases and hosting. We offer convenience for people that just want to pay their electricity bill monthly while earning bitcoin or have no time to set up larger scale operations. Prices are a bit high for sending miners to china to miner.
You have to send your miners to China (pay import tax to get into China), and then they will forward it Mongolia (not part of China) with additional shipping fees incurred and a 20% import tax into Mongolia (another country) Hi, Please understand that we have to follow the policies enacted by the government. The current import tax is set at 16% of the hardware cost, 8% is refundable on export. This is set out by the government and we have no plans on disobeying the government because that could jeopardize our entire operation. We are currently trying to talk to the government to see if we can work out a better deal but for now this is what we are stuck with. and the miner cost are pretty high aswell. :s
and photo did not came yet.
The miner cost is reflective of the market price within China! We are a company so we obviously want to make profit but understand this as well. If we were to sell our models within China, we could sell them quickly; however we are trying to expand into other markets while earning profit as well. If you would like cheaper prices, you can email us directly to let you know when a new batch is available and you will get the cheapest price we can provide! (I've personally seen $2000 for machine + psu at times, so checking up on our current prices is relatively important) We are going to be releasing a Christmas photo shoot soon so keep your eyes peeled. Unfortunately our photographer backed out of the facility shoot so we have to reschedule that. |
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It'd be nice to check this out but be pretty cautious.
I've gotten a quote from BitFury already regarding this machine. They will charge you 7k USD, without PSU, on top of that, they want a minimum order of $2M USD.
So going off of that, I don't see how much profit you could be making on each machine as you have priced at 7.35k USD.
If I've gotten anything wrong you can let me know.
THCG (The Hedge Coin Group)
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Hello All! We currently have plenty of space within our facility and we are open for miner sales! - We have a couple of people that have sent miners in, if you are on the waiting list you have been emailed! - Miner sales are HOT in China right now, we try to ensure that we match our prices to the market prices or a little below! Get them while they're still available. Photos from the photo shoot will be available on Monday! Keep your eyes peeled, you'll probably be surprised by some of the photos. We have a new business email! If you want to contact us please email: info@thehedgecoingroup.com Thanks, THCG (The Hedge Coin Group) |
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Alright everyone!
A brand new and exciting announcement.
Our Mongolian facility is up and running! We are figuring out last minute logistics such as shipping address right now but everything else is set up.
We will be holding a photo shoot tomorrow so expect photos in a couple of days time!
We will begin contacting individuals to sign their hosting contracts soon! Keep an eye out for the email.
Thanks,
THCG (The Hedge Coin Group)
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Hello,
I've messaged you with regards to details let me know if you wish to get in touch!
Thanks,
THCG (The Hedge Coin Group)
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This sounds like BS to me - proceed with caution.
We apologize if our service did not satisfy you in any way; however we do wish to know the reasoning behind this post. Can you please explain your reasoning? We have multiple people visiting our facility, we are trying our best to present ourselves in an acceptable matter and I've only gotten an initial email request from you with no responses after. If you are going to post we wish that you would at least provide constructive criticism in order to help us grow and ensure that this does not happen again. Thanks, THCG (The Hedge Coin Group) |
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Hello!
It seems like you have a lot of questions so I will do my best to answer these.
1. The facility is going very well. We initially only planned to have 10 MW available in January; however, it seems like we may be able to have the entire 50 MW up and running by January! We are hoping to host around 30000 units.
2. A more detailed video will be posted when the plant is completed. I will ensure that we include a piece of paper and that we include a selfie as well!
3. For in house repairs we will try to make it cost $0 unless we need new parts.
4. Thank you for notifying us about this. When someone is interested in that type of payment we will release the details of our banking information when they are ready to pay and have an invoice handy. This may be changed in the future.
5a and 5b We assumed that the hosting period is for 2 years unless stated otherwise and will continue to keep your miner running unless payment has been stopped or you have asked us for your machines back. There is no minimum or maximum time to mine in our facility; however, we will be able to keep it running for 2 years as this contract states if you continue to pay us.
6. We accept crypto and RMB bank transfers. USD bank transfer is available for small amounts only.
7. For configuration of miners, let us know and we will set it up for you.
8. We currently do not offer remote access to your miners. If you are interested in controlling your miners we are discussing letting clients with large amounts of machines leave a laptop. Currently, if you wish to switch pools let us know and we will change it for you, same with miners not running.
9. I will verify this with you once I have a concrete answer.
10. What do you mean by demo page?
11. Yes, you can contact us with regards to a miner having an issue and we will try to resolve all issues within 24 hours. We are able to reboot miners as well.
Thanks for all the questions, I hope to be in contact with you soon.
THCG (The Hedge Coin Group)
well questions are important to gain trust. specialy pictures. i did not received any answer for these 2 question "in (ur) the site. under product it seems u removed the prices, u had back then the price of the S9 miners. how much does it cost now? and do u ship them if i decide to take them? what are the cloud mining that u guys are offering ? " 6, what is a small amount? (bank will take higher fee for converting "exchanging" dollars to RMB (china money i assume?) 10, i was reffering this question to previous 7-9 questions , like seeing a dashboard of Kwh consuming, hash rate and so on.. 11, i mention "we" , can i (we) reboot the miner remotely if an issue happen instead of waiting precious 24h? u mention "We initially only planned to have 10 MW available in January" that mean u do not have the place\electricity capacity to host my miners if i decide to send it to u ? (does that mean i have to wait untill jan..?) I apologize for missing some of your questions. We have removed the prices from the page because of the increase amount of volatility of prices with regards to the hardware. If you are interested in getting a quote for the daily price (Quotes are valid for 24 hours) feel free to email us at THCGHosting@gmail.comIf you wish to purchase for self use, we will ship them to wherever they are needed. 6. I can double check for the exact value if you are interested. Let me know your order and I provide you a more detailed response. 10. We currently do not have a demo available. We connect your miners to a pool and you are able to view your miner through that dashboard. 11. We will get it done within 24 hours, we currently do note have this capability . Yes, in the post it has been stated that we are working on building the facility to full capacity. Currently we are only accepting members to our waitlist, if you are interested in getting contacted when we are fully operational, we can do that as well. Thanks, THCG (The Hedge Coin Group) |
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