[ANN] HaoBTC, mining dividend paid out hourly

[Eric Mu]

Just uploaded a walkthrough at HaoBTC's Kangding farm I filmed earlier today.
https://www.youtube.com/watch?v=f38gaRoo1cE&feature=youtu.be
Here is an old one that I filmed almost exactly one year ago:
https://www.youtube.com/watch?v=jtp4gNeGTSw
The mine now has 33PH - when I left last year, it is about 10 PH.
It runs thousands of Avalon 6 and Bitmain S7s.
I should remind readers that aside from this one, HaoBTC has built two new mines. They collectively generate 72 PH of hash rate as of the time of writing. I plan to film the other two over the next few weeks.
Stay tuned.

Hi eric@haobtc

Perhaps you could refute accusations that you guys are a ponzi/scam setup https://bitcointalk.org/index.php?topic=1479767.msg14916191#msg14916191

I would just let it slide - one thing I learned is that there will always be naysayers no matter what you do and how much proof you provides.
But if we are a ponzi scheme, paying 2% - 8.6% per year would make us one of the most meagre ones in the world.
There are ponzi schemes popular in China today, all modelled off the MMM, that promise users 30% per month and they have no proof that they can generate that amount of profit other than luring new suckers onboard  - these are what I would call ponzi scheme.
As for HaoBTC, as long as we mine 180+ coins a day and pay its users about 30 BTC interest a day, I wouldn't call it a ponzi scheme.
Not yet.

What is with the craze with BTC in China at the moment? It appears that Chinese have a lot of hot cash.

There are a few MMM-clones that use Bitcoin as payment rail - some ppl even attribute the recent spike to these schemes.

[1713893329]

1713893329

[crazyivan]

Just uploaded a walkthrough at HaoBTC's Kangding farm I filmed earlier today.
https://www.youtube.com/watch?v=f38gaRoo1cE&feature=youtu.be
Here is an old one that I filmed almost exactly one year ago:
https://www.youtube.com/watch?v=jtp4gNeGTSw
The mine now has 33PH - when I left last year, it is about 10 PH.
It runs thousands of Avalon 6 and Bitmain S7s.
I should remind readers that aside from this one, HaoBTC has built two new mines. They collectively generate 72 PH of hash rate as of the time of writing. I plan to film the other two over the next few weeks.
Stay tuned.

Hi eric@haobtc

Perhaps you could refute accusations that you guys are a ponzi/scam setup https://bitcointalk.org/index.php?topic=1479767.msg14916191#msg14916191

I would just let it slide - one thing I learned is that there will always be naysayers no matter what you do and how much proof you provides.
But if we are a ponzi scheme, paying 2% - 8.6% per year would make us one of the most meagre ones in the world.
There are ponzi schemes popular in China today, all modelled off the MMM, that promise users 30% per month and they have no proof that they can generate that amount of profit other than luring new suckers onboard  - these are what I would call ponzi scheme.
As for HaoBTC, as long as we mine 180+ coins a day and pay its users about 30 BTC interest a day, I wouldn't call it a ponzi scheme.
Not yet.

What is with the craze with BTC in China at the moment? It appears that Chinese have a lot of hot cash.

There are a few MMM-clones that use Bitcoin as payment rail - some ppl even attribute the recent spike to these schemes.

Wasnt this the case a few months ago? Nah, I think this time most of the growth is due to halving. Do you guys mine anything else but BTC?

[Eric Mu]

Just uploaded a walkthrough at HaoBTC's Kangding farm I filmed earlier today.
https://www.youtube.com/watch?v=f38gaRoo1cE&feature=youtu.be
Here is an old one that I filmed almost exactly one year ago:
https://www.youtube.com/watch?v=jtp4gNeGTSw
The mine now has 33PH - when I left last year, it is about 10 PH.
It runs thousands of Avalon 6 and Bitmain S7s.
I should remind readers that aside from this one, HaoBTC has built two new mines. They collectively generate 72 PH of hash rate as of the time of writing. I plan to film the other two over the next few weeks.
Stay tuned.

Hi eric@haobtc

Perhaps you could refute accusations that you guys are a ponzi/scam setup https://bitcointalk.org/index.php?topic=1479767.msg14916191#msg14916191

I would just let it slide - one thing I learned is that there will always be naysayers no matter what you do and how much proof you provides.
But if we are a ponzi scheme, paying 2% - 8.6% per year would make us one of the most meagre ones in the world.
There are ponzi schemes popular in China today, all modelled off the MMM, that promise users 30% per month and they have no proof that they can generate that amount of profit other than luring new suckers onboard  - these are what I would call ponzi scheme.
As for HaoBTC, as long as we mine 180+ coins a day and pay its users about 30 BTC interest a day, I wouldn't call it a ponzi scheme.
Not yet.

What is with the craze with BTC in China at the moment? It appears that Chinese have a lot of hot cash.

There are a few MMM-clones that use Bitcoin as payment rail - some ppl even attribute the recent spike to these schemes.

Wasnt this the case a few months ago? Nah, I think this time most of the growth is due to halving. Do you guys mine anything else but BTC?

Looks they are having a comeback. There is one called Twin Turbo getting quite large.

Some guys are mining ether. We only mine bitcoins.

[sbtctalk]

Just uploaded a walkthrough at HaoBTC's Kangding farm I filmed earlier today.
https://www.youtube.com/watch?v=f38gaRoo1cE&feature=youtu.be
Here is an old one that I filmed almost exactly one year ago:
https://www.youtube.com/watch?v=jtp4gNeGTSw
The mine now has 33PH - when I left last year, it is about 10 PH.
It runs thousands of Avalon 6 and Bitmain S7s.
I should remind readers that aside from this one, HaoBTC has built two new mines. They collectively generate 72 PH of hash rate as of the time of writing. I plan to film the other two over the next few weeks.
Stay tuned.

Hi eric@haobtc

Perhaps you could refute accusations that you guys are a ponzi/scam setup https://bitcointalk.org/index.php?topic=1479767.msg14916191#msg14916191

I would just let it slide - one thing I learned is that there will always be naysayers no matter what you do and how much proof you provides.
But if we are a ponzi scheme, paying 2% - 8.6% per year would make us one of the most meagre ones in the world.
There are ponzi schemes popular in China today, all modelled off the MMM, that promise users 30% per month and they have no proof that they can generate that amount of profit other than luring new suckers onboard  - these are what I would call ponzi scheme.
As for HaoBTC, as long as we mine 180+ coins a day and pay its users about 30 BTC interest a day, I wouldn't call it a ponzi scheme.
Not yet.

What is with the craze with BTC in China at the moment? It appears that Chinese have a lot of hot cash.

There are a few MMM-clones that use Bitcoin as payment rail - some ppl even attribute the recent spike to these schemes.

Let's all hope the chinese continue this buying craze. I am sure the rest of us do not mind.

[Eric Mu]

Announcement:
HaoBTC's mining pool, after weeks of intensive testing and fine-tuning, solved its first block yesterday. Once the test phase completes, HaoBTC will switch its 72 PH and growing hash rate from F2Pool that it currently uses to its own mining pool.

[zalucia]

That is good news. Are you going to set up the pool service or just keep the pool to HaoBTC itself?

[sbtctalk]

That is good news. Are you going to set up the pool service or just keep the pool to HaoBTC itself?

It seems to me that they will be opening up the pool to the public. That is good. We should not let other pools get too big.

[crazyivan]

Differentiation and mining pools decentralization s always very nice option. Good work Hao.

[Mikestang]

It seems to me that they will be opening up the pool to the public. That is good. We should not let other pools get too big.

Only good if they are not spv mining and not mining empty blocks.  I don't think I ever got an answer to that questions previously.

[Eric Mu]

I want everyone to bear witness to this bet:
https://www.reddit.com/r/btc/comments/4nmo0c/a_closeup_look_at_the_haobtc_mining_farm_in_china/

[healtheworld]

This site is really good, I have been dug here for a long time the BTC, payment is also very quickly, hope the miners are all here to try
   Hope to establish a LTC mine pool , that would be better

[felicita]

I have a long time ago made a accoutn on this site i added on start it must be more than a year 0.003
now i have 0.00304369 BTC on balance
Better than nothink and a good think.
I will store some more coins there lets see


kind regards

[monbux]

I want everyone to bear witness to this bet:
https://www.reddit.com/r/btc/comments/4nmo0c/a_closeup_look_at_the_haobtc_mining_farm_in_china/
-snip-

What happened with that bet?  I would really like to see that guy pay up 100 BTC.

[jak1]

HaoBTC website is not working at my end. I don't really like cloudmining sites, I got so much scammed from them and very afraid to invest in another cloudmining sites. but after reading all above posts and users review I though having a look at the site is not a bad Idea. but now I found that site is probably dead.
@OP! will you please see and clarify what is the Issue?

[Ethey]

I want everyone to bear witness to this bet:
https://www.reddit.com/r/btc/comments/4nmo0c/a_closeup_look_at_the_haobtc_mining_farm_in_china/

very immpressive

[biggbox]

I want everyone to bear witness to this bet:
https://www.reddit.com/r/btc/comments/4nmo0c/a_closeup_look_at_the_haobtc_mining_farm_in_china/

You guys are the smart ones. Not those chaps running impressive data centers and their own profits are eaten away by their operations cost.

[Eric Mu]

HaoBTC website is not working at my end. I don't really like cloudmining sites, I got so much scammed from them and very afraid to invest in another cloudmining sites. but after reading all above posts and users review I though having a look at the site is not a bad Idea. but now I found that site is probably dead.
@OP! will you please see and clarify what is the Issue?

Still not working? Just got back to hotel after a day of intensive traveling - but loaded fine on my laptop?

[TracerX]

I want everyone to bear witness to this bet:
https://www.reddit.com/r/btc/comments/4nmo0c/a_closeup_look_at_the_haobtc_mining_farm_in_china/

Eric, sorry you have to deal with this kind of stuff--I suppose it comes with the job.

I have a number of BTC invested in HaoBTC, and over the last nine months has withdrawn both from the wallet as well as the "finance" investment tool quickly and easily.  None of us know what the future hold, maybe doubly with BTC, but I feel confident (as one can be) that haoBTC is a solid organization.

You guys keep up the good work!

[rtranbtc]

Eric, I have noticed that HaoBtc website has quietly removed some lines under Transparency on its home page. The website used to display how many bitcoins stored in the cold storage and accumulated dividends. Any reason why they are gone (I am just curious)?

[elson]

This looks like really nice and trusted company many proofs of mining I will test there wallet.



Thanks