Zoomhash needs Advertising

[Zoomhash]

Hello!

We launched www.zoomhash.com today. Forum owner, please contact us as we would like to buy advertising .

My team and I run a 600 GPU farm and were frustrated with the lack of quality for mining parts. So we set out to source the best cords and ship them to you at the fastest and lowest price possible.

Some of you might know me as GPUminer on Ebay: http://feedback.ebay.com/ws/eBayISAPI.dll?ViewFeedback2&userid=gpuminer&ftab=AllFeedback

We have launched this site and will launch a lot more products soon. Such as

1. A $75 Motherboard with CPU attached that can mine 4 GPUs safely with no powered risers. (We hated attaching extra cords to each gpu riser )
2. USB pcie risers. We just received samples from 5 factories and will test them out to stock the best quality and lowest price ones.
3. Any bulk purchases of GPUs of 20 or more. We ship to ANY country via Air Freight (1-3 Days). The cost are quite low, you can do an estimate via ups air freight.  We have already shipped 800 GPUs to Europe for a fraction of the price you pay locally.
4. Pretty much anything anyone needs in bulk, we can give you the best price and service. Over the years we developed really good relations with MSI, Gigabyte, Asus, etc.... their headquarters are 10 minutes away from us.

Get 5% off with coupon code: Zoomhash

Thanks!

[BAGOBO]

For your promotion :

You can try free giveway on games & round section (https://bitcointalk.org/index.php?board=71.0)
or provide signature campaign on service section (https://bitcointalk.org/index.php?board=52.0)

[sgk]

Dear Michael,
why in the world are you worried about such petty things why you  are injustly taking money for a cloud mining service and not paying  correctly or even at all? yes i have proof people and i would love to show everyone that ZOOMHASH  is a true scam.
 and your could hashing service is just as much of a scam as your company.

I am NOT spreading FUD i have the results of their payments and today
for 83 MH scrypt on their cloud mining service was very interesting

--snip--

each miner did exactly zero      this Company   "zoomhash"     is a fraud

Hey, thanks for sharing your experience.

From the look of it, it looks like you lost all your money? How much did you spend to purchase hashing power with them?
And how long did it take for you to realize the payments were zero?

[nwfella]

anyone that would like to review her account please use teamviewer
 partner id=    913768907
password is=    123456789


thank you.

Just logged into system and looks like his posted results are legit.  

I'm interested in hearing what ZoomHash has to say about this.

BTW, I sure hope you don't have anything too critical on that system or at the very least your actively monitoring it.  Alotta people that will try to take advantage of your granting remote access like that.

*Logged in a 2nd time to scan a bit further back in your payment history.  It definitely looks seriously screwed/skewed with some days even resulting in negative satoshi's being applied to the overall balance.  ZoomHash, you really need to chime in on this one I'm thinking.

[Zoomhash_michael]

anyone that would like to review her account please use teamviewer
 partner id=    913768907
password is=    123456789


thank you.

Just logged into system and looks like his posted results are legit. 

I'm interested in hearing what ZoomHash has to say about this.

BTW, I sure hope you don't have anything too critical on that system or at the very least your actively monitoring it.  Alotta people that will try to take advantage of your granting remote access like that.

Well, I am back after not posting for a while.

Anyways our cloud service is real and not a ponzi. We can not increase payouts just because we wanted to.

Especially when LTC is at sub $3 and BTC is at ~$315.

We even dropped the price of maintenance fee. The payouts are correct according to the www.clevermining.com. The maintenance fees are paid in BTC at a rate locked in Fiat as agreed upon when you bought the virtual miner.

When BTC drops the maintenance fee eats up a bigger portion of your payout. The maintenance fees are actually more than the payouts right now with the crappy markets so instead of the balance going negative we just cancel out the payout. We never promised anything in regards to how much coin you would earn. No one can and you can not expect us to.

The only thing we promised was:

1. Speed of the virtual miner
2. Term of the virtual miner
3. Uptime of the virtual miner
4. Maintenance Fees




This is like buying Bitcoin from coinbase at $1000 last year and then calling coinbase a scammer because bitcoin is at ~$315 right now.

What do you expect us to do?

[nwfella]

anyone that would like to review her account please use teamviewer
 partner id=    913768907
password is=    123456789


thank you.

Just logged into system and looks like his posted results are legit. 

I'm interested in hearing what ZoomHash has to say about this.

BTW, I sure hope you don't have anything too critical on that system or at the very least your actively monitoring it.  Alotta people that will try to take advantage of your granting remote access like that.

Well, I am back after not posting for a while.

Anyways our cloud service is real and not a ponzi. We can not increase payouts just because we wanted to.

Especially when LTC is at sub $3 and BTC is at ~$315.

We even dropped the price of maintenance fee. The payouts are correct according to the www.clevermining.com. The maintenance fees are paid in BTC at a rate locked in Fiat as agreed upon when you bought the virtual miner.

When BTC drops the maintenance fee eats up a bigger portion of your payout. The maintenance fees are actually more than the payouts right now with the crappy markets so instead of the balance going negative we just cancel out the payout. We never promised anything in regards to how much coin you would earn. No one can and you can not expect us to.

The only thing we promised was:

1. Speed of the virtual miner
2. Term of the virtual miner
3. Uptime of the virtual miner
4. Maintenance Fees




This is like buying Bitcoin from coinbase at $1000 last year and then calling coinbase a scammer because bitcoin is at ~$315 right now.

What do you expect us to do?

Admittedly I'm really not all that familiar with your service.  After re-reading your OP it's pretty obvious why your maintenance fee's aren't exactly inline with other cloud scrypt-based mining offerings (600 GPUS, dang, my hats off to you for keeping such a beast running for as long as you have).  But it's pretty obvious, the writing is on the wall for GPU mining in general, if your offering a service that no longer even offers your customers any kind of break-even opportunity, but worse yet actually costs them money wouldn't the moral thing to do be to shut her down?

Don't get me wrong, I see where your coming from insofar as actually providing what your advertising, and obviously the burden lays with the potential purchaser insofar as determining whether or not something is a good buy, but if your providing a service that you know to be unprofitable (and is likely to remain so for the forseeable future) given the current bitcoin/altcoin price situation doesn't that seem a bit shady to you?

[Zoomhash_michael]

anyone that would like to review her account please use teamviewer
 partner id=    913768907
password is=    123456789


thank you.

Just logged into system and looks like his posted results are legit. 

I'm interested in hearing what ZoomHash has to say about this.

BTW, I sure hope you don't have anything too critical on that system or at the very least your actively monitoring it.  Alotta people that will try to take advantage of your granting remote access like that.

Well, I am back after not posting for a while.

Anyways our cloud service is real and not a ponzi. We can not increase payouts just because we wanted to.

Especially when LTC is at sub $3 and BTC is at ~$315.

We even dropped the price of maintenance fee. The payouts are correct according to the www.clevermining.com. The maintenance fees are paid in BTC at a rate locked in Fiat as agreed upon when you bought the virtual miner.

When BTC drops the maintenance fee eats up a bigger portion of your payout. The maintenance fees are actually more than the payouts right now with the crappy markets so instead of the balance going negative we just cancel out the payout. We never promised anything in regards to how much coin you would earn. No one can and you can not expect us to.

The only thing we promised was:

1. Speed of the virtual miner
2. Term of the virtual miner
3. Uptime of the virtual miner
4. Maintenance Fees




This is like buying Bitcoin from coinbase at $1000 last year and then calling coinbase a scammer because bitcoin is at ~$315 right now.

What do you expect us to do?

Admittedly I'm really not all that familiar with your service.  After re-reading your OP it's pretty obvious why your maintenance fee's aren't exactly inline with other cloud scrypt-based mining offerings (600 GPUS, dang, my hats off to you for keeping such a beast running for as long as you have).  But it's pretty obvious, the writing is on the wall for GPU mining in general, if your offering a service that no longer even offers your customers any kind of break-even opportunity, but worse yet actually costs them money wouldn't the moral thing to do be to shut her down?

Don't get me wrong, I see where your coming from insofar as actually providing what your advertising, and obviously the burden lays with the potential purchaser insofar as determining whether or not something is a good buy, but if your providing a service that you know to be unprofitable (and is likely to remain so for the forseeable future) given the current bitcoin/altcoin price situation doesn't that seem a bit shady to you?

We stopped selling virtual miners for over 2 months. At the time we were selling these it was the best deal on the market. We also have no idea where the market would turn at the time we were selling this. We started when BTC was around $600 and LTC was around $10 or so.

Also, we actually have miners mining and not ponzi it up with unrealistic payouts like www.pbmining.com that just collapsed.

[nwfella]

You raise some excellent points.  The more I look at your site the less inclined I am to think anything shady is going on.  Apologies if I came across a bit too harsh in first few posts.  (can you say displaced aggression? :p)

Certainly doesn't look like a ponzi, that's for sure.  Truth be known, if you where running a ponzi, realistic maintenance fee's are the last thing you would want to charge.

[Zoomhash_michael]

You raise some excellent points.  The more I look at your site the less inclined I am to think anything shady is going on.  Apologies if I came across a bit too harsh in first few posts.  (can you say displaced aggression? :p)

Certainly doesn't look like a ponzi, that's for sure.  Truth be known, if you where running a ponzi, realistic maintenance fee's are the last thing you would want to charge.

We sold out of our capacity. If it was a ponzi we would not have sold out.

[nwfella]

You raise some excellent points.  The more I look at your site the less inclined I am to think anything shady is going on.  Apologies if I came across a bit too harsh in first few posts.  (can you say displaced aggression? :p)

Certainly doesn't look like a ponzi, that's for sure.  Truth be known, if you where running a ponzi, realistic maintenance fee's are the last thing you would want to charge.

We sold out of our capacity. If it was a ponzi we would not have sold out.

Thanks for setting me straight regarding the service you fellas are offering.  Guess it's a bit easy to start viewing everything through poo-colored-goggles.

I don't see anything scammy or ponzi like in ZoomHash's behavior.  As a matter of fact I've bookmarked your site JIC I ever need to get ahold of any decently priced Motherboards in the future

*Once again, thanks for the clarification. 

[Zoomhash_michael]

dont try and pass the buck and start pointinh others that you are doing the same or worst .  explain how your ledgers can be so perfect to result a perfect 0 3 days in a row


with proof of block chain adresses

1. Lets keep this to one thread so we do not need to copy and paste it 11+ other threads.

2. PM me your email address so I can take a look at your account.

3. As agreed upon when you bough the virtual miner. The hashes are parked at www.clevermining.com.

4. http://clevermining.com/profits shows that for the last three days 1MHS= 0.00016 to 0.00017BTC generated.

5. We dropped the maintenance fee from 0.08USD that you agreed upon to 0.06USD per MHS on our dime. Any lower we will not be able to pay for hosting.

6. 0.06USD is greater than 0.00016BTC therefore, your maintenance fees takes up all your payout. Obviously this will not be the case if BTC was at a higher price or if Clevermining was generating more btc.


Hopefully the markets will turn and this will be positive again. Like we said we delivered on everything we promised.

[sgk]

I must say I agree with Michael here.

Since maintenance fees are calculated in fiat, BTC price variation greatly affects your BTC earnings. This would not happen in a world where maintenance fees are calculated in BTC.
But you have to be aware of such conditions when buying hash power. Zoomhash cannot be blamed here.

[Farmer17]

dont try and pass the buck and start pointinh others that you are doing the same or worst .  explain how your ledgers can be so perfect to result a perfect 0 3 days in a row


with proof of block chain adresses

1. Lets keep this to one thread so we do not need to copy and paste it 11+ other threads.

2. PM me your email address so I can take a look at your account.

3. As agreed upon when you bough the virtual miner. The hashes are parked at www.clevermining.com.

4. http://clevermining.com/profits shows that for the last three days 1MHS= 0.00016 to 0.00017BTC generated.

5. We dropped the maintenance fee from 0.08USD that you agreed upon to 0.06USD per MHS on our dime. Any lower we will not be able to pay for hosting.

6. 0.06USD is greater than 0.00016BTC therefore, your maintenance fees takes up all your payout. Obviously this will not be the case if BTC was at a higher price or if Clevermining was generating more btc.


Hopefully the markets will turn and this will be positive again. Like we said we delivered on everything we promised.

To my understanding, 0.06 USD per MH/s is already like the lowest maintenance fee for scrypt cloudmining. So, this kind of "mining revenue < maintenance fee" problem should be affecting many sites not just zoomhash.