Cloudhashing ASIC mining contracts, UK LTD company - Now Mining & Paying Bitcoin

[Rampion]

We host in a secure level 3 data centre with reserve power etc.

that sounds great, so where exactly is that going to be, can you please provide contact details, so that we can verify that you have indeed purchased the corresponding contracts ?
Ideally, we'll be able to get in touch with a renown provider to validate your claim through a corresponding 3rd party. Given the space and power requirements of your planned Ghash/sec cloud, that should be a no-brainer to providde ? I am sure, there will be more cloudhashing.com customers then.

Better still

Contact BFL or KNC to verify orders. No matter what is provided, the forum will not be pleased.

Regards

I don't give a shit about your orders. I know that with your contracts you are selling $7,000 machines of 350GH/s for between $52,000 (with the 1GH/s contracts) and $35,000. Only retards will buy that.

Plus, your return expectations are IMPOSSIBLE, unless you run a ponzi and pay old investors with new investors money.

These are hard facts. Anybody investing in you is an ignorant fool.

The fun part is no matter how he answers this question it wont be good enough for you. Your mind is made up that this is a scam and you wont be dissuaded.

He never answered THE question. How is it possible to get a 50BTC return for 10GH/s deployed in September, by reinvesting only a 30% of the profit in more hashrate? WHERE IS THE MATH BEHIND THIS?

He was ridiculous showing some lame-ass calculations done at today's difficulty without even considering further increases in one year. That's an answer in your book?

Then go and educate yourself. That's a plan outright SCAM.

[chinchs]

Please, post some information about your milestones like:

* Photos of the datacenter
* Information of your team (asuming you will support this 7x24 you should have a team)
* Date of purchase on BFL (they are posting the info about the orders delivered so)
* Etc.

That would be nice.

[Rampion]

Domain was registered anonymous.

No names on the site.

Who are you, guys? Care to introduce yourselves to the community?

[coinedBit]

even more concerning is the fact that they are now teaming up with other "vendors" who have been accused of being scammers, due to not delivering a single unit within months...

[cloudhasher]

Hi all,

As mentioned in the second issue of the cloudhashing newsletter. All contracts will earn both bitcoin & litecoin from day one.

For now, litecoin payments will be handled by selling for BTC and crediting your account. We are looking into a technology solution to pay you the litecoin directly. This may take some time as we are finishing off the virtual miner software on the user dashboard,

Please remember if you have any feature requests, you can simply log onto the dashboard now and raise a request via that tool. We read all requests and consider reasonable ones :-)

Thanks all.

[ArcticWolf]

Do you mean namecoin or litecoin?
I know tha Bitminter does merged mining and this generates namecoins

[cloudhasher]

Do you mean namecoin or litecoin?
I know tha Bitminter does merged mining and this generates namecoins

Namecoin. We are looking into litecoin but that's a long way away for now. Once mining starts then we can explore additional crypto currencies.

We are making a fair amount of investment in software engineering on our back end at the moment.

[chinchs]

Do you mean namecoin or litecoin?
I know tha Bitminter does merged mining and this generates namecoins

Namecoin. We are looking into litecoin but that's a long way away for now. Once mining starts then we can explore additional crypto currencies.

We are making a fair amount of investment in software engineering on our back end at the moment.

Do you have any picture of the offices? any ETA for the ASICS?

[cloudhasher]

We are a startup and operate from a virtual office . Our largest overheads are the colo costs.

We are expecting BFL to deliver in July and KNC in September.

Regards

[Rampion]

We are a startup and operate from a virtual office . Our largest overheads are the colo costs.

We are expecting BFL to deliver in July and KNC in September.

Regards

Yeah, no need for a real office to scam people's money.

[coinedBit]

We are a startup and operate from a virtual office . Our largest overheads are the colo costs.

We are expecting BFL to deliver in July and KNC in September.

Regards

Yeah, no need for a real office to scam people's money.

for the record, you can be a legit company (startup or not) without necessarily requiring a real office, virtual offices work well for hundreds of thousands of businesses, and not every virtual office-based office is automatically a scam, which is especially true for many hosting companies that are acting as resellers.

That being said, like was said, colo-costs will be a significant factor given the Thash/sec rate advertised by cloudhashing.com, which would support the assumption that  they should have supporting information to back up their claims (e.g. contracts, billing, invoices etc) that can be checked by potential customers, to ensure that their money is actually being used for these purposes. So far, the whole thing seems to lack in transparency unfortunately. If such information could be provided, based on 3rd party companies that are actually real, customers could make up their own minds.

[cloudhasher]

We are a startup and operate from a virtual office . Our largest overheads are the colo costs.

We are expecting BFL to deliver in July and KNC in September.

Regards

Yeah, no need for a real office to scam people's money.

for the record, you can be a legit company (startup or not) without necessarily requiring a real office, virtual offices work well for hundreds of thousands of businesses, and not every virtual office-based office is automatically a scam, which is especially true for many hosting companies that are acting as resellers.

That being said, like was said, colo-costs will be a significant factor given the Thash/sec rate advertised by cloudhashing.com, which would support the assumption that  they should have supporting information to back up their claims (e.g. contracts, billing, invoices etc) that can be checked by potential customers, to ensure that their money is actually being used for these purposes. So far, the whole thing seems to lack in transparency unfortunately. If such information could be provided, based on 3rd party companies that are actually real, customers could make up their own minds.

Hi,

I will provide a link to an article a journalist is writing on our business. This provided a lot of documentation that those who are truly interested in can gaze into. As I said we are really interested in the mainstream. Cloud hashing is not necessarily for everyone (especially those who are good with computers). A larger portion of the world isn't as adept with things of a technical nature. We are bridging that gap.

Once the article is written and posted, will make sure it makes it to this thread.

Kind regards

[chinchs]

Any news about the start up day?

[cesmak]

Any news about the start up day?

Me too asking..... some news ?

july is coming.....

[mephistophelesbits]

Any news about the start up day?

Me too asking..... some news ?

july is coming.....

counting down?

[philipma1957]

well I have a July 1st contract. no news.  what I can say is

http://bitminter.com/   just ran a long promo with cloudhashing.


https://bitcointalk.org/index.php?topic=240027.0    


  What I can also say is my july contract paid for in june now shows as



HOMEBUY CONTRACTS

Monday Jul 01st, 2013

Bitcoin Mining Contracts

Browse our current range of available bitcoin mining contracts
    
     $404 The requested product does not exist.

 I have a contract number  and when I click on it to find the terms I get the error above.


    Not a good sign.  Well my 6gh contract should earn about .14 coins today. https://bitclockers.com/calc   punch in 6000 to get .14 coins at todays rates.


 Any news would be good. But the fact that the contract info is not available on the site is annoying. Let us see how the owner addresses this.

[cloudhasher]

July indefinite contracts are sold out so when it attempts to query it, it is missing. It's a bug, We will have it resolved soon.

Shouldn't be a problem for contracts that are still on sale.

Kind regards

[cesmak]

Me too I own an indefinite july contract for 2Ghs, (like you philipma1957) and waiting to hear from the company the "real" start date of mining to see bitcoin incomes....

[aggster]

I have june contract and nothing has happened yet

[cloudhasher]

I have june contract and nothing has happened yet

Hi,

We will post am update via the newsletter in a few days. Register and keep informed there.

Thanks