Hi eckmar,
We understand your position about the cloud mining companies. Thank you for the interest about the cryptocurrency community. We have had appreciated to contact us for more details before posting.
Because of the fact that out there are more scams than real mining companies, we want to prove that Zagtor is a real mining company.
Bellow we’re answering punctually to all the aspects that you mentioned so that all users who read the post will understand our position:
1) No public address / no user selectable pool. Our current hashrate is around 46000 H/s (calculations made in CryptoNote). Please keep in mind that we mine the most profitable coin based on a weekly analysis. Currently we are mining Ethereum and Monero. We use at least two different pools for each coin.
For the security of our investment and of our partners, we do not publicize the exact location of our farm, but we do publicize the location of our office: Romania, Sibiu, Regele Ferdinand street, no. 4 and a phone number +40751942288, where you can call us and we can talk directly.
However, if you want to visit our farm, we can organize a group meeting available for all bitcointalk users.
2) No endorsement from any asic vendorWe don’t use ASICs for mining. We use 80 GPU’s bought over a period of approximately one year.
It was cheaper for us to buy them locally...(from online shops:
www.pcgarage.ro www.cel.ro) ...and yes, we have all the invoices for every single hardware
3) No relevant pictures of their hardware and data center We are currently working on this. For marketing purpose we didn’t published any photos as the farm location requires a renovation. As soon as the renovation is complete we will hire a professional photographer and post the photos on the blog.
4) Open ended IPO / fractional reverse mining risk (They "have" 60 GPUs now...)Edit: 80 GPUs
5) Referral programs and social networking As you can see on the thread you posted, it is suspicious if the company gives almost 10% for a referral program. We are giving 2% to the referral user. It is the maximum amount we can afford at the moment.
6) Anonymous operatorsIn the mining agreement you will find all the legal details about our company.
7) No exit strategy The contracts we offer have a 1 year period. If in the first month the users is not pleased with our service we agree on offering a refund for the remaining period.
Our short term objective is to add up at least 500 GPUs in the farm:
Q1 2017: +80 GPUs
Q2 2017: +100 GPUs
Q3 2017: +140 GPUs
Q4-2017: +180 GPUs
In five years we plan to be in the top cloud mining companies
Happy mining,
ZAGTOR Team
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