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

[jeezy]

Hi

Payment will be done within 12 hours. We had some technical issues and made worse with staff illnesses.

Thanks for your patience.

Grab your popcorn ladies and gentlemen, this is going to get interesting. 

[cloudhasher]

Hi

Payment will be done within 12 hours. We had some technical issues and made worse with staff illnesses.

Thanks for your patience.

Grab your popcorn ladies and gentlemen, this is going to get interesting. 

Payments were made yesterday . :-)

[ZetaOS]

Are the September contracts Mining already!?

[Stinky_Pete]

Got my payment - bigger then the previous one!

[tokeweed]

yeah. hopefully we get 100% of what our contracts are worth soon.

emmanuel, any updates on your 110TH machines?  we would love to hear about it.

thanks.

[cloudhasher]

yeah. hopefully we get 100% of what our contracts are worth soon.

emmanuel, any updates on your 110TH machines?  we would love to hear about it.

thanks.

Hi,

The plan is to keep adding servers over the next few weeks. The 110 Terahash mine is on schedule for deployment between the 26th to 30th this month. We are well on schedule.

Worst case, July contract owners will be at 100 % capacity once the 110 Terahash mine comes online. As far as cloud hashing service companies go, we are the only ones paying out.

Will keep you posted.

Thanks

Emmanuel

[tripppn]

Will Sept contracts be at 100% when the 110TH goes live?

[tokeweed]

Will Sept contracts be at 100% when the 110TH goes live?

yes. the reason why july contracts are not at 100% payment, is because their asic supplier, BFL, didn't deliver. so CH had to do something to get some asic machines somewhere else for july contract holders. i believe they have a new asic supplier, and this one is true to its word.

[tripppn]

I have a question I just thought of.  Since you are mining on BTCGuild and Bitminter do we get our NMC too?

[Pentel]

They are no longer mining at Bitminter. 

[ZetaOS]

September contracts begin mining between the 26th and the 30th.

Kind regards

Cloudhashing


Edit: Seems that we have to wait little.
Hoping 100% hashing when up.

Have good good faith, no more wires @home

happy hashing
ZetaOS

[shirokuma]

When I bought cloudhashing's contract and paid by bitcoin,
how can I get the receipt?

I don't receive the receipt from CH or bitpay yet.

[cloudhasher]

When I bought cloudhashing's contract and paid by bitcoin,
how can I get the receipt?

I don't receive the receipt from CH or bitpay yet.

Email us your order number

[g.aleksandrov]

Hi CH,

Could you (or somebody else from the forum, if familiar) please explain a bit your earning expectations for the contracts offered at the moment?
They are all put in ranges. For example, for the 4GH/s Silver contract : 5.14 - 10.28 BTC for 1 year. What does this interval really say ?

5.14 is the worst case scenario where the difficulty increases on its fastest and no additional hashing power is added ?

[ZetaOS]

Hi CH,

Could you (or somebody else from the forum, if familiar) please explain a bit your earning expectations for the contracts offered at the moment?
They are all put in ranges. For example, for the 4GH/s Silver contract : 5.14 - 10.28 BTC for 1 year. What does this interval really say ?

5.14 is the worst case scenario where the difficulty increases on its fastest and no additional hashing power is added ?

I do not think you gonna earn 5 BTC whit the Silver contract.
More like 2~3,5 BTC for the 2 year period.
Still good.

[g.aleksandrov]

Hi CH,

Could you (or somebody else from the forum, if familiar) please explain a bit your earning expectations for the contracts offered at the moment?
They are all put in ranges. For example, for the 4GH/s Silver contract : 5.14 - 10.28 BTC for 1 year. What does this interval really say ?

5.14 is the worst case scenario where the difficulty increases on its fastest and no additional hashing power is added ?

I do not think you gonna earn 5 BTC whit the Silver contract.
More like 2~3,5 BTC for the 2 year period.
Still good.

Why do you think is that? You think that difficulty will sky-rocket ?

[chinchs]

Hi CH,

Could you (or somebody else from the forum, if familiar) please explain a bit your earning expectations for the contracts offered at the moment?
They are all put in ranges. For example, for the 4GH/s Silver contract : 5.14 - 10.28 BTC for 1 year. What does this interval really say ?

5.14 is the worst case scenario where the difficulty increases on its fastest and no additional hashing power is added ?

I do not think you gonna earn 5 BTC whit the Silver contract.
More like 2~3,5 BTC for the 2 year period.
Still good.

Not for all... I bought a 1Ghz perpetual contract in may, they didn't deliver so they change it for 4Ghz 2years contract, then they say 4ghz 1year contract (after I choose to change for what they propose .... no words for that). I don't think we would recover the investment.

[ZetaOS]

Hi CH,

Could you (or somebody else from the forum, if familiar) please explain a bit your earning expectations for the contracts offered at the moment?
They are all put in ranges. For example, for the 4GH/s Silver contract : 5.14 - 10.28 BTC for 1 year. What does this interval really say ?

5.14 is the worst case scenario where the difficulty increases on its fastest and no additional hashing power is added ?

I do not think you gonna earn 5 BTC whit the Silver contract.
More like 2~3,5 BTC for the 2 year period.
Still good.

Why do you think is that? You think that difficulty will sky-rocket ?

Yes, its naief to think not.
14 jan 2014 the diff will be >911.000.000 i calculated yesterday.
So yo will get ROI if the start right now!
(Same for me, i have the gold contract for September)

[cshelswell]

i might have misunderstood this but surely locking yourself in to a 2 year contract at a set hashing speed for the duration of that 2 years with an increasing difficulty simply isn't going to be profitable. Would you buy a 20ghz box now? I don't think it's ever going to make ROI

Like i say i may have this wrong??

Cheers

[Rannasha]

i might have misunderstood this but surely locking yourself in to a 2 year contract at a set hashing speed for the duration of that 2 years with an increasing difficulty simply isn't going to be profitable. Would you buy a 20ghz box now? I don't think it's ever going to make ROI

Like i say i may have this wrong??

Cheers

It all depends on the price. With the current difficulty increase each period, it doesn't matter that much if you buy a 1yr, 2yr or permanent contract, as almost all of your revenues will be obtained in the next few months. Whether you break even or not will mostly depend on how much you earn in the near future and of course on the price of the contract.

What happens in 1+ year from now is of little importance to your overall revenue.