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1  Economy / Games and rounds / Re: TimeToBit - Bitcoin Cloud Mining Platform - Free Mining Plan Giveaways ! on: June 28, 2014, 05:07:22 AM
please add me to the list, much thanks !
2  Economy / Securities / Re: Cloudhashing ASIC mining contracts, UK LTD company - Now Mining & Paying Bitcoin on: March 24, 2014, 07:17:05 PM
thanks mike18feb,

yep you're right. wow those actual chart % numbers are much worse than I had thought (including the latest 17.9% number). ominous. I'll report back in two months though. I think I'll still be pretty optimistic but we'll see.

3  Economy / Securities / Re: Cloudhashing ASIC mining contracts, UK LTD company - Now Mining & Paying Bitcoin on: March 24, 2014, 05:52:03 AM

sockpuppet #*@&* @#$@%bs


Thanks for the kind words. Yes I really am a newby customer who is still pretty impressed a month+ now since I started on CH. Mind you I also have a contract with Butterfly Labs which is delayed by at least a few months so by comparison CH is a savior. (note Butterfly has agreed to double hashing but only if you get activated 6 months after your order date, so it's either a horrible or a tolerable situation). If anything I jumped immediately on a good CH contract after realizing what a bad contract I had with BFL.

my latest thoughts on CH

  • checking the CH dashboard is still the highlight of my day, maybe 1 out of 5 days is "a slow day" but it seems 1 out of 5 days is above expectations. The very few who see it are impressed. People still can't wrap their minds around automated mathematical BTC to cold wallet storage.
  • Thanks for the above link https://blockchain.info/charts/received-per-day?timespan=60days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=1ALA5v7h49QT7WYLcRsxcXqXUqEqaWmkvw, I can see the whole picture better now. In fact I must congratulate Cloudhashing on the record 454 Bitcoins yesterday, that's a long way from the 0 Bitcoin days last month which reflects what went on in my dashboard from (I think) under 400THs to 3PHs (and in the chart you can see the difficulty increasing Nov to February)  I'm actually proud that this pool seems to be hitting 10% or more of total finds and balancing out all of the pools which is very important for Bitcoin protocol. As always I might not know of what I speak, but shouldn't Cloudhashing be showing up on the Blockchain.info pool chart already at say 7%? https://blockchain.info/pools
  • my previous notes still stand such as better to buy Bitcoin but it's not that easy especially in light of so many people being goxed. I'm lucky that I now have access to a Bitcoin ATM that doesn't need all that overkill palm print, scanning government id's, and picture taking. Seriously if our Bitcoin ATM required that, I'd likely mine all Bitcoin. Alternatively there is localBitcoins but check the warnings.
  • as for the mike19feb forecast of 50% difficulty increase per month, I sure hope not. I check every day the current % number and though it often jumps high and low, it seems to be settling at 10% the periods I noticed (30% /month) or i could be deceiving myself and haven't been watching close enough or long enough. Mind you I'll know exactly when the ButterflyLabs equipment will be hitting and that may be an ugly 2 months. Overall I'm quite happy with my CH results and all is good if we do get 30% /month difficulty increases. Anyone have a chart of actual period to period and month to month in % ?
  • as an optimist i also target BTC/USD at 1/$2000 in the next two months so mining could be better than buying BTC sooner rather than later.
4  Economy / Securities / Re: Cloudhashing ASIC mining contracts, UK LTD company - Now Mining & Paying Bitcoin on: February 25, 2014, 09:07:01 AM
As a new user of CloudHashing, I am actually pretty excited and pleased by my first ten days.

  • The user interface is really pleasant and always up.. I'm not always logging in/out. A nice level of activity is there and not onerous and you can drill down if you want for more details on blocks / rounds
  • It was nice to see a second contract come up today in my dashboard (for the RPP) and calculated at more than double what's currently the average BTC price. I think the RPP is an excellent idea for if/when BTC shoots up to 5K$USD and the price/GH decreases.
    But for now I think we're pretty constrained by huge demand for limited hardware (driving price up) and frankly a very crappy BTC/USD exchange. I might switch RPP off for now.
    The best thing with RPP is that it keeps you in the game longer (for when mining might really deliver the $ or CH offers a special deal that if you are in the game, you can jump on right away.. I've noticed BFL and CH doing this before)
  • The primary contract started on the date promised. Other mining by the GH services like BFL is looking like almost 2 month delay
  • The amazing thing is to see fairly steady daily BTC to my account and so far bi-weekly to my wallet in the face of huge hashing increases like from 400 to 1100 TH in days. That is one mean technology feat I am sure
  • I'm new to the technology so I might not know what I'm talking about in the previous line. But that's what I really like about this whole experience, being thrown in the fire figuratively speaking, the blocks, the hashes, being forced to configure hard / soft wallets, learning a whole lot of good stuff in the forums...
  • a lot of the criticism in the forum is valuable in the learning process. I have to admit that I did not read enough before, and though I am good at math, my passion for this technology (and a lot of experience in investment) overrides some better judgement.
    It has to be knocked into my head that it's likely better just to buy BTC but in retrospect, I think a lot of people at Mt GOX would have much preferred this cloud hashing of their BTC.
    These are crazy times and I've already seen lots of crazy things happen already (ref. Business Week Feb. 5th 1996 cover page "Apple : The Fall Of An American Icon" -- if you bought into Apple that day, you'd easily be a millionaire today)  so I won't hardly be surprised if the BTC/USD rate changes the whole landscape phenomenally for the better when you least expect it
  • note to newbies : find a detailed comprehensive mining calculator that shows you never breaking even and work backwards from there.  Thus far CH is performing better than the calculator I most often check, even with CH's huge hardware additions
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