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I don't know how much more I could be disappointed by Cloud Hashing.
I ordered the Silver Contract at USD $999 in mid January of this year, 2014.
My 'payout balance' as of today, near 4 months later is a mere USD $59. So, if things go as they have I could be at about USD $200 after my one year contract has expired.
I set my Reinvestment Percentage to 0.0% soon after purchasing the contract given it's horrific ROI.
I understand the volatility of BTC and the difficulty of mining but there is no future vision or recourse offered by CH to improve investor return.
As well, I question the fairness of distribution and extraordinarily bad mining results. Are the rigs/processes not scaling fast enough or at all?
So far, it seems obvious this will be a short play for the founder, reaping exceptional profit very quickly. Whether or not the facility is well engineered/scale-able, likely matters not as the organization appears to have only short term goals.
Anyone considering buying a CH contract (now, May 2014) should please do their research, especially for anecdotal, reflective posts in forums such as these.
I believe the overwhelming number of negative responses, posts, etc.. will likely deter potential small scale investors.
Please do not invest with Cloud Hashing.
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