Anyone Planning to Join Hashrack.com

[bob marley]

 

 Is anyone planning on joining hashrack.com? is this virtual mining profitable? because on their website doesn't say anything about profits.

please check out their post https://bitcointalk.org/index.php?topic=188617.0
 

[Moxiebot]

I joined. I like their site... seems to be implemented well and a venture worthy of supporting. As for profits... its hard to say, as it will depend on factors that exist at the point the hardware goes live. So same profit risk as ordering any mining hardware.

[Benson Samuel]

I cannot see much reason to join them until BFL ships.

What is the difference between buying a hashpack now or after BFL ships?

[Moxiebot]

I cannot see much reason to join them until BFL ships.

What is the difference between buying a hashpack now or after BFL ships?

They currently have hardware on order.. so you'll be hashing earlier unless you wait too long to buy and all the GH/s have been sold for the hardware they had pre-ordered.

[americandesi]

I cannot see much reason to join them until BFL ships.

What is the difference between buying a hashpack now or after BFL ships?

I went through the their site and hardly understood their concept.
Anyone know as to how does this work.?

Is it similar to ASIC Miner Shares.?

[Benson Samuel]

They have pre ordered BFL ASICS.
They maintain the farm and charge some fees, and rid you of the hassle of hosting your own hardware.

Its a nice concept, but it has BFL written all over it and that does not sound good to me.