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Author Topic: CoinHash.io - New Cloud Mining Platform  (Read 127 times)
coinhash.io (OP)
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April 07, 2021, 10:45:57 AM
Last edit: April 07, 2021, 11:26:24 AM by coinhash.io
 #1

Hey everyone,

I know cloud mining has had a bad rap over the last few years but there is a new platform in the works that will be integrating with Mining Rig Rentals via API to automatically purchase the required hashpower.

This is unlike other cloud mining platforms which don't even have the hash power to sell you but just take your money after folding!

CoinHash.io is promising to stay transparent, reliable and consistent and we are headquartered in Sydney, Australia.

All plans are for 1 year and they will include Ethereum, Bitcoin Cash, Litecoin and of course Bitcoin mining contracts.

You will be able to purchase from 0.1TH/s to 10 TH/s per customer for SHA-256 mining.

For Ethereum the minimum purchase is 1MH/s and up to 100 MH/s per customer.

Please let me know what you think of this new cloud mining concept and your thoughts on what features to include before launch.

Learn More: https://coinhash.io
ABCbits
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April 08, 2021, 09:14:11 AM
 #2

I know cloud mining has had a bad rap over the last few years but there is a new platform in the works that will be integrating with Mining Rig Rentals via API to automatically purchase the required hashpower.

Then why don't we just rent hashrate from mining rig rentals?

CoinHash.io is promising to stay transparent, reliable and consistent and we are headquartered in Sydney, Australia.

People will expect you to show strong proof about existence of your company and the miners.

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coinhash.io (OP)
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April 08, 2021, 10:08:10 AM
 #3

I appreciate your response to this.

This is entirely on the back-end of the platform and the pool mining and distribution will be done via one of the major mining pool partners such as Poolin or F2pool.

We will remain entirely transparent and supportive with 24/7 phone, email and live chat support to uphold confidence in our service and to value-add as much as possible.

These contracts are backed by real available hash power in a true cloud-first and cost-effective way.

So far we have planned only 1 year contracts but we may include monthly on-going contracts as more systems are put in place to sustain that.

We welcome you or anyone else on this forum to join our development team to ensure oversights and compliance with industry standards are upheld with maximum integrity.

Please feel free to PM and speak to us about joining our team.

Your input is welcome and any suggestions you make will be appreciated and will be implemented to ensure long term sustainability and profitability for our customers.

If you have any other questions or concerns let us know.

Regards,

CoinHash.io
https://coinhash.io
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April 08, 2021, 10:41:22 AM
 #4

This is unlike other cloud mining platforms which don't even have the hash power to sell you but just take your money after folding!
What sort of features your platform has in comparison to few other platforms that "do" have the hashing power that they're trying to sell?

pool mining and distribution will be done via one of the major mining pool partners such as Poolin or F2pool.
Are those already final?
- It'd be nice to see some sort of confirmation from their side.

We will remain entirely transparent and supportive with 24/7 phone, email and live chat support to uphold confidence in our service and to value-add as much as possible.
IMHO, I don't think those things that you mentioned, make you transparent.

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coinhash.io (OP)
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April 08, 2021, 11:58:05 AM
 #5

Just to be extra clear here we see ourselves as a mining cloud platform and not an actual cloud mining company as we are bringing together different technologies and suppliers to achieve a similar goal but without the burden of costly hardware and maintenance fees.

The features that our platform will have in comparison with other platforms who supposedly have the hash power is that our hash power will be cheaper to purchase and faster to propagate as all miner will be sourced via Mining Rig Rentals and paid immediately by users.

Users will so be able to pay for their mining power via Bitcoin, Bitcoin Cash, Ethereum and Litecoin at this stage.

There will also be negligible lead times and miners will have 100% uptime guarantees or they will be refunded for the lower than advertised hashrate being purchased.

We are finalising which mining pool offers the best benefits in terms of minimum withdrawal fees and features, so far we are leaning towards Poolin but is is not final just yet. We chose this path to take so that all mining done through out platform will be as transparent and as verifiable as possible.

I mentioned our customer-centred and all-around support as a way we are providing extra value to our customers.

In the path of remaining transparent in our dealings all partnerships and the management team will be easily contactable and their full business registrations published accordingly.

This would entail providing customers and the public with as much information as possible about our operations, mission and objectives and vision as any ordinary company would.

As suggested earlier we welcome suggestions and feedback on how to better serve the cloud mining community and we would love for an expert such as yourself or anyone else on this forum to join our development team to advise us further.

CoinHash.io
https://coinhash.io
Sydney, Australia.
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April 08, 2021, 06:46:36 PM
 #6


The features that our platform will have in comparison with other platforms who supposedly have the hash power is that our hash power will be cheaper to purchase and faster to propagate as all miner will be sourced via Mining Rig Rentals and paid immediately by users.

Users will so be able to pay for their mining power via Bitcoin, Bitcoin Cash, Ethereum and Litecoin at this stage.

This won't just easily improve your reputation. You've already knew that this kind of businesses and schemes never had any chance to gain reputation here in forum and even on the outside. Users paying for hash power and renting mining rigs especially online is always a 100% risk, regardless if the company and team behind is uploaded on the website, or there were reviews from people that 'bought' your service.

Also, why does the facebook and twitter links on your landing page redirects to sharing your website? That alone already is a no-no. Social Media links must redirect on your Social Media pages of course, and not on share actions. Overall, despite of posting dozens of sweet and fruitful talk, you might find 0 trusts from users. We've had thousands of same offers and same talks. All of those were scam.
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April 08, 2021, 08:18:55 PM
 #7


The features that our platform will have in comparison with other platforms who supposedly have the hash power is that our hash power will be cheaper to purchase and faster to propagate as all miner will be sourced via Mining Rig Rentals and paid immediately by users.

Users will so be able to pay for their mining power via Bitcoin, Bitcoin Cash, Ethereum and Litecoin at this stage.

This won't just easily improve your reputation. You've already knew that this kind of businesses and schemes never had any chance to gain reputation here in forum and even on the outside. Users paying for hash power and renting mining rigs especially online is always a 100% risk, regardless if the company and team behind is uploaded on the website, or there were reviews from people that 'bought' your service.
The whole industry called 'cloud mining' isn't that profitable if it's not a scam sheme. We learnd this over the past years by just asking ourselves ; "why should i have to do mining for others when i can do it for myself. Honestly, i failed to figure out how op (the team beind) came accross this idea as a life opportunity without thinking to scam others for their ignorance .

Also, why does the facebook and twitter links on your landing page redirects to sharing your website? That alone already is a no-no. Social Media links must redirect on your Social Media pages of course, and not on share actions.
The website seems to be yet under develepoment; in most themes (wordpress in particular), those icons are set by default to share the main domain until being modified later .
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April 09, 2021, 08:36:41 PM
 #8

Just to be extra clear here we see ourselves as a mining cloud platform and not an actual cloud mining company as we are bringing together different technologies and suppliers to achieve a similar goal but without the burden of costly hardware and maintenance fees.

The features that our platform will have in comparison with other platforms who supposedly have the hash power is that our hash power will be cheaper to purchase and faster to propagate as all miner will be sourced via Mining Rig Rentals and paid immediately by users.

Uh, so what makes your platform a better option than just going directly to Mining Rig Rentals? I see no change in here, other than having to go through another third-party to do the renting for me. Also, there aren't any sufficient data that we can make of from your website such as contact details, registration, etc. Without these simple information being publicly accessible, it will be extremely difficult for the public to trust on your platform and the service that you will be providing.

Cloud mining is long dead, and platforms who are coming in here and offering a sweet deal often end up being Ponzi scams and outright fraud. I don't see what 'change' will you be offering on the table that would make cloud mining profitable to us. Heck, making things profitable and easy for us won't, even in the slightest, make things profitable on your end, so why should we believe that this is legitimate if you'll be losing money in this setup?

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April 09, 2021, 09:56:18 PM
 #9

We dont need this New cloud mining platform aside on those discussion about mining rig rentals which i dont see for it to be effective on acting to be the medium out of those 3rd parties.

Cloud mining is indeed long time dead and if those known and old cloudmining platforms arent really giving much or would really be that worthy in talks of profitability then i dont
actually see the point on why would really trying to create one?

Trust would be one of the biggest challenge you would get.Try to answer up those questions above or queries about transparency matters.

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April 13, 2021, 08:05:45 PM
 #10

We will remain entirely transparent and supportive with 24/7 phone, email and live chat support to uphold confidence in our service and to value-add as much as possible.

That's not what i mean, what i mean is something like this,
1. Street of your company building
2. Link to government website which shows your company is registered
3. Who's the owner/founder

I would add here that it is necessary to show what kind of mining equipment they have, with clear evidence that the equipment is in their possession. also some description of costs and cost-effectiveness calculations of the whole business. Users must know whether there is profitability on both sides and whether something unreal is promised here.
everything else is like any other cloud scam mining service.

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