1) current difficulty is not possible. They are not hashing NOW, so current difficulty will not happen. If they plan in september, multiply current difficulty at least x4, which is the change of difficulty we had from March to this very moment. This is conservative, because as you know the ASIC manufacturers didn't even start to ship units to the consumers.

2) A 25% per month is much less than we are having. Currently we are having 25% every 10 days, which basically means that difficult doubles every 30 days. That increase cannot be sustainable long term, so just use something lower, let's accept your monthly 25% even if it's way too optimistic during a technoglogy change (GPU+FPGA -> ASIC)

So: I'm running your calculations with 80 mill difficulty (x4 the actual one) and 25% monthly increase, no electricity costs, one year timeframe:

BTC EARNED: 7.85184820
Revenue: $ 824.29

So you are actually losing money ($1,000 - $824.29 = $175.71)

7.8BTC generated in one year. Now explain me how the heck do you generate 50BTC from 7.8BTC "reinvesting" 30% of that "profit" that costed you $1,000.

Wake up, 10GH/s cost $200, not $1,000.

PM sent.

That was dumb. People should have sold because a bear is on, not because some mysterious dumper always act on Sundays. That would mean "playing his game".

And BTW, they should have sold at $120-$130.

IMO this mini-rally doesn't change anything. Everything is pretty much the same unless it goes quite higher and it stays higher consistently. Market its too tiny and easily moved by big players to say "the trend has changed" just because we had an 8% spike on lowish volume.

That's quite a bearish chart in my book.

I don't see how I would be able to execute the collateral. Is a mod of this forum holding funds or anything of value belonging to you, and would he be willing to execute/release the collateral if you do not ship?

Sorry but I really don't get how you could built the "defense" of your default case saying that it was to teach a lesson about escrow, that nobody should trust other members of these forums when doing transactions unless there is escrow, etc. etc. etc...

From one side I want to believe you will never do something like you did last year with your infamous bet that hurt so many people, and because of this I want to seriously bid till the end and eventually do business with you. But if no escrow is provided it's too dangerous, anything could happen to you and the money would be gone. As you taught to people in this community, not using escrow when entering financial transactions with random guys on the internet is reckless and dumb. Especially when an Avalon is not precisely "cheap".

If you want to use escrow, I will keep bidding seriously. If not, please cancel my bid and excuse me for hassle.

Escrow is not tricky for pre-orders. Works like this:

- Buyer sends the money to John K.
- You send the machine as soon as you get it, sending proof (tracking number, video of courier picking it up, etc.) to John K.
- As soon as the machine arrives to destination escrow releases the funds to you.

Why it's tricky? Seriously, you always said your infamous default was done intentionally "to teach a lesson to the community about people not using escrow", you said many times that trusting guys on an internet forum is dumb (see the quotes above), that refusing escrowed transactions is a reliable indicator of scam ("it's common knowledge"), etc.

I'm not trolling you at all, I'm seriously bidding, but please do use escrow. Nobody wants to get burned. What if you decide to run away with the money to teach another lesson to the community? What if you become seriously ill and cannot deliver the unit? No escrow is crazy, absolutely no protection for the buyer.

6BTC with escrow.

Sorry Matt, I'm seriously bidding, but:





Please confirm escrow is possible.

+1

They indeed said they would use Cyclone IV because it's more cost effective

Are they using Stratix now? Why?

Agreed on the chips lead time. The order should have been placed already.

He never answered THE question. How is it possible to get a 50BTC return for 10GH/s deployed in September, by reinvesting only a 30% of the profit in more hashrate? WHERE IS THE MATH BEHIND THIS?

He was ridiculous showing some lame-ass calculations done at today's difficulty without even considering further increases in one year. That's an answer in your book?

Then go and educate yourself. That's a plan outright SCAM.

Al menos te lo curras y tu propuesta es honesta, este mundo está lleno de listillos (por ejemplo los de cloudhashing) que pretenden forrarse a costa de los que no entienden y eso hace que me hierva la sangre.

Suerte y un abrazo

It's a scam, regardless of what they say. Educate yourself. Do not pay $149 for 1GH/s or $1,000 for 10GH/s, you won't see any return ever unless they pay old investors with new investors money (=a ponzi).

Right now a 175GH/s machine costs $3,995, and a 350GH/s machine costs $7,000.

Don't be fooled.

I don't give a shit about your orders. I know that with your contracts you are selling $7,000 machines of 350GH/s for between $52,000 (with the 1GH/s contracts) and $35,000. Only retards will buy that.

Plus, your return expectations are IMPOSSIBLE, unless you run a ponzi and pay old investors with new investors money.

These are hard facts. Anybody investing in you is an ignorant fool.

Enhorabuena por tus primeros accionistas. Añadiría a tus comentarios que lo de cloudhashing es un timo y probablemente un ponzi. Así lo hacen:

• Compran unidades de KNCMiner (su "proveedor oficial") de 350GH/s cada una a $7.000
• Las venden al público en paquetes que van entre 1GH/s y 10GH/s a un precio que les permite recaudar entre $52.000 y $35.000 por máquina (un sobreprecio rozando lo ilegal)
• Además confunden a los novatos diciéndoles que un contrato de 10GH/s les reportará 50BTC en un año. Eso es imposible, significaría que una máquina de 350GH/s generaría 1.750BTC en un año, lo cual NO EXISTE.

Cuando les preguntas cómo tienen tanta cara, te contestan que ese es el retorno que esperan, y te muestran un cálculo hecho con la dificultad actual (20 millones), cuando su plan es empezar a funcionar en Septiembre como pronto, y basan ese cálculo en el imposible que supone una dificultad constante durante 12 meses.

La verdad es que me da rabia y pena ver cómo este tipo de gente busca enriquecerse a costa de los que no entienden de estos temas. Porque al final seguro que recaudan un montón de pasta por la web tan bonita que tienen, y al final los que se quedarán con el culo al aire son los que han invertido por puro desconocimiento.

Buena suerte en tu proyecto, el único pero que le veo es que los chips no estén en camino, por lo demás creo que lo tienes bien planteado.

A fool and his money is soon to be parted.

You are either a shill or a sockpuppet. This is hard math. The returns cloudhashing are advertising are impossible to achieve.

Wake up.

So you just confirmed you are a SCAMMER.

You are implying:

1) Difficulty will be the same as today in September
2) Difficulty will NOT INCREASE in one year

How can you even dare to make your calculation at actual difficulty if you plan to start hashing on September? Are you really so ignorant or you are just trying to scam newcomers? Just FYI, in the last 4 months difficulty went up by x4 and the growth trend is increasing.

So go ahead and use AT LEAST x4 the current difficulty for your calculations... Oh wait... You ordered 30TH/s, so only your order will make difficulty to go up by 20%, without even considering the impact on difficulty of the 1,000TH that KnC will likely ship simultaneously to your order. And... Oh wait, difficulty is currently increasing by +25% every 10 days aprox., which would mean x7 by September.

Then... What a ridiculous dumbass.... You expect difficulty to be constant for one year? Don't try to fool your customer and make proper calculations with an appropriate profitability decline. What about x50 difficulty growth in 12 months?

Let's see a REAL calculation, with a starting difficulty of 100 mill. (x5 current difficulty, less than what you would have at the current +25% increase each 10 days, so I'm being generous):

Coins per 24h at these conditions   0.0501 BTC
Power cost per 24h   0.00 USD
Revenue per day   5.11 USD
Less power costs   5.11 USD
System efficiency   100.00 MH/s/W
Mining Factor 100 at the end of the time frame   0.00 USD/24h@100MHash/s
Average Mining Factor 100   0.01 USD/24h@100MHash/s
Power cost per time frame   0.00 USD
Revenue per time frame   467.82 USD
Less power costs   467.82 USD

So, yeah - 4.77BTC in one year and not 50BTC, dumbass. KnCMiner hardware is STILL profitable because 10GH/s cost only $200 and you are getting $467 in one year, but you are selling the 10GH/s for $1,000... Oooops. What are you implying, that a 350GH/s miner will generate 1,750BTC in one year just by investing 30% of the profits in more hashing power? YOU ARE FULL OF SHIT AND YOU KNOW IT

SHAME ON YOU. AND SHAME ON EVERY SUCKER INVESTING IN THESE SCAMMERS

So you just confirmed you are a SCAMMER.

You are implying:

1) Difficulty will be the same as today in September
2) Difficulty will NOT INCREASE in one year

How can you even dare to make your calculation at actual difficulty if you plan to start hashing on September? Are you really so ignorant or you are just trying to scam newcomers? Just FYI, in the last 4 months difficulty went up by x4 and the growth trend is increasing.

So go ahead and use AT LEAST x4 the current difficulty for your calculations... Oh wait... You ordered 30TH/s, so only your order will make difficulty to go up by 20%, without even considering the impact on difficulty of the 1,000TH that KnC will likely ship simultaneously to your order. And... Oh wait, difficulty is currently increasing by +25% every 10 days aprox., which would mean x7 by September.

Then... What a ridiculous dumbass.... You expect difficulty to be constant for one year? Don't try to fool your customer and make proper calculations with an appropriate profitability decline. What about x50 difficulty growth in 12 months?

Let's see a REAL calculation, with a starting difficulty of 100 mill. (x5 current difficulty, less than what you would have at the current +25% increase each 10 days, so I'm being generous):

Coins per 24h at these conditions   0.0501 BTC
Power cost per 24h   0.00 USD
Revenue per day   5.11 USD
Less power costs   5.11 USD
System efficiency   100.00 MH/s/W
Mining Factor 100 at the end of the time frame   0.00 USD/24h@100MHash/s
Average Mining Factor 100   0.01 USD/24h@100MHash/s
Power cost per time frame   0.00 USD
Revenue per time frame   467.82 USD
Less power costs   467.82 USD

So, yeah - 4.77BTC in one year and not 50BTC, dumbass. KnCMiner hardware is STILL profitable because 10GH/s cost only $200 and you are getting $467 in one year, but you are selling the 10GH/s for $1,000... Oooops. What are you implying, that a 350GH/s miner will generate 1,750BTC in one year just by investing 30% of the profits in more hashing power? YOU ARE FULL OF SHIT AND YOU KNOW IT

SHAME ON YOU. AND SHAME ON EVERY SUCKER INVESTING IN THESE SCAMMERS

THAT'S A LIE. There's no way 10GH/s generate 50BTC in one year, not even if the started hashing now, much less if they start in September.

BEWEARE, DO YOUR OWN RESEARCH: IT'S A SCAM.

So you just confirmed you are a SCAMMER.

You are implying:

1) Difficulty will be the same as today in September
2) Difficulty will NOT INCREASE in one year

How can you even dare to make your calculation at actual difficulty if you plan to start hashing on September? Are you really so ignorant or you are just trying to scam newcomers? Just FYI, in the last 4 months difficulty went up by x4 and the growth trend is increasing.

So go ahead and use AT LEAST x4 the current difficulty for your calculations... Oh wait... You ordered 30TH/s, so only your order will make difficulty to go up by 20%, without even considering the impact on difficulty of the 1,000TH that KnC will likely ship simultaneously to your order. And... Oh wait, difficulty is currently increasing by +25% every 10 days aprox., which would mean x7 by September.

Then... What a ridiculous dumbass.... You expect difficulty to be constant for one year? Don't try to fool your customer and make proper calculations with an appropriate profitability decline. What about x50 difficulty growth in 12 months?

Let's see a REAL calculation, with a starting difficulty of 100 mill. (x5 current difficulty, less than what you would have at the current +25% increase each 10 days, so I'm being generous):

Coins per 24h at these conditions   0.0501 BTC
Power cost per 24h   0.00 USD
Revenue per day   5.11 USD
Less power costs   5.11 USD
System efficiency   100.00 MH/s/W
Mining Factor 100 at the end of the time frame   0.00 USD/24h@100MHash/s
Average Mining Factor 100   0.01 USD/24h@100MHash/s
Power cost per time frame   0.00 USD
Revenue per time frame   467.82 USD
Less power costs   467.82 USD

So, yeah - 4.77BTC in one year and not 50BTC, dumbass. KnCMiner hardware is STILL profitable because 10GH/s cost only $200 and you are getting $467 in one year, but you are selling the 10GH/s for $1,000... Oooops. What are you implying, that a 350GH/s miner will generate 1,750BTC in one year just by investing 30% of the profits in more hashing power? YOU ARE FULL OF SHIT AND YOU KNOW IT

SHAME ON YOU. AND SHAME ON EVERY SUCKER INVESTING IN THESE SCAMMERS

I'm just sick of scammers and their ponzi schemes.

If you do not agree, care to explain to all of us the math behing a 50BTC expected revenue in one year, starting from September, with 10GH/s that get only a 30% of the profits reinvested in more hashrate? Please show me the math, because it's really beyond my understanding.

It's a scam, wake up.