Tempted by Cloudhashing - has anyone used them before?

[halfawake]

I'm quite tempted by Cloudhashing.com, but given all the scams in the bitcoin world I wanted to ask about them first before investing.  Has anyone used them before?  Are they trustworthy?

[cryptoanarchist]

It's a scam.

[pgbit]

I'm quite tempted by Cloudhashing.com, but given all the scams in the bitcoin world I wanted to ask about them first before investing.  Has anyone used them before?  Are they trustworthy?

Not used them, but there is an interesting thread here:
https://bitcointalk.org/index.php?topic=173316.0

[halfawake]

I'm quite tempted by Cloudhashing.com, but given all the scams in the bitcoin world I wanted to ask about them first before investing.  Has anyone used them before?  Are they trustworthy?

Not used them, but there is an interesting thread here:
https://bitcointalk.org/index.php?topic=173316.0

Thanks for posting the link.  I found that thread only after posting this, otherwise I probably wouldn't have posted this topic to begin with.  I didn't think to look for it in the Securities subforum.  I'm much more reluctant to invest with them now since the people who signed up for July contracts aren't getting any hashing power since Cloudhashing's ASICs haven't arrived yet. 

[cloudhasher]

The gears are slowing turning and oiled as we have recently reached 1.2 terahash. We will be running at 30 percent capacity shortly.
We are not responsible for hardware delays however we didn't just sit down and complain, we acted for our customers. This is why they are now mining and receiving bitcoins from us today.

We will be bringing some serious hashing fire-power in September, unlike everyone else that comes on the forums to boast, we just get our head down and work!!

Our goal is to get the mainstream into bitcoin and we are one of the first bitcoin businesses to advertise our services to the mass media. 70 percent of our customers are absolutely new to bitcoin so I guess we are winning a good battle there. We want hashing power into the common man's hands and not a large pool of wealthy dudes.

Expect great things from us in the next few weeks and months.

Emmanuel

[narayan]

Haha running at 30% is a POSITIVE THING? Funny how you twist it.

Imagine if you bought a 30 GH/s miner.. and you get a 10 GH/s miner! "Oh sorry we will ship you two more units... in months".

[davedj79]

So I'm interested in joining.  I see you're running at 30% according to this forum.  So what does that mean for your current customers?  Say they took your top 2 year package.  When you're running at 100% is that when the 2 years of your contract starts?  Selling a contract for 2 years of whatever % you can give and not 2 years at say 20gh/s are 2 very different things especially with the likes of BFL and their 2 weeks/3 months policies!

If you took a package now that starts in September, is that guaranteed and when in September?  Is that guaranteed?

I'm genuinely interested but need a suitable answer to this before committing.

Cheers
David

[cloudhasher]

So I'm interested in joining.  I see you're running at 30% according to this forum.  So what does that mean for your current customers?  Say they took your top 2 year package.  When you're running at 100% is that when the 2 years of your contract starts?  Selling a contract for 2 years of whatever % you can give and not 2 years at say 20gh/s are 2 very different things especially with the likes of BFL and their 2 weeks/3 months policies!

If you took a package now that starts in September, is that guaranteed and when in September?  Is that guaranteed?

I'm genuinely interested but need a suitable answer to this before committing.

Cheers
David

Post that question to info at cloudhashing.

Thanks

[halfawake]

Haha running at 30% is a POSITIVE THING? Funny how you twist it.

Imagine if you bought a 30 GH/s miner.. and you get a 10 GH/s miner! "Oh sorry we will ship you two more units... in months".

I signed up for their newsletter just to find out more information about them and found out that they were at 10% capacity about a week or so.  So while 30% isn't great, they're ramping up capacity pretty quickly.  It sucks, but I think it's more the fault of their suppliers than cloudhasher themselves from what I gather.  ASIC manufacturers are notorious for their long delays.