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Author Topic: KnCminer will provide HW to cloudhashing.com  (Read 2993 times)
sickpig (OP)
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June 14, 2013, 04:38:06 PM
Last edit: June 14, 2013, 04:59:08 PM by sickpig
 #1

As simple as that
https://cloudhashing.com

Edit 1:  actually kncminer is providing hardware to cloudhashing.com
Edit 2: change title

Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
Bitcoinorama
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June 14, 2013, 04:44:35 PM
 #2

Something like this was discussed at the open-day, but that's not KnC. I do however work right round the corner from these guys, near Chancery Lane, so could easily check them out...

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bitpop
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June 14, 2013, 04:44:38 PM
 #3

Ducking scam

Bitcoinorama
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June 14, 2013, 04:45:42 PM
 #4

Perhaps, they're based near the Lawyer's-ville part of the city, if they truly exist...

Address: 145-157 St John Street, London EC1V 4PW, England United Kingdom

Between Farringdon and Old St;

Address: 145-157 St John Street, London EC1V 4PW, England United Kingdom

I'll get you guys a picture of their location over the weekend! Wink

Make my day! Say thanks if you found me helpful Smiley BTC Address --->
1487ThaKjezGA6SiE8fvGcxbgJJu6XWtZp
suryc
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June 14, 2013, 04:50:59 PM
 #5

As simple as that
https://cloudhashing.com

CloudHashing.com is not a KnC Miner initiative.

Cloud hashing has stated that they have ordered hardware from BFL, KNC, and others. But, it remains to be seen if they are totally legit.

And cloudhashing.com is not all that new, they've been discussed previously here:
https://bitcointalk.org/index.php?topic=173316.0
https://bitcointalk.org/index.php?topic=163741.0

.
PLAY
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sickpig (OP)
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June 14, 2013, 04:55:20 PM
 #6

As simple as that
https://cloudhashing.com

CloudHashing.com is not a KnC Miner initiative.

Cloud hashing has stated that they have ordered hardware from BFL, KNC, and others. But, it remains to be seen if they are totally legit.

And cloudhashing.com is not all that new, they've been discussed previously here:
https://bitcointalk.org/index.php?topic=173316.0
https://bitcointalk.org/index.php?topic=163741.0


Yep you're right i didn't notice those prev threads. I was just checking knc website and i saw a sort of advertising. At first I misunderstood and thought that was a knc thing's.

Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
bitpop
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June 14, 2013, 05:09:24 PM
 #7

Beware, mining United and pyramining

AEJK
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June 14, 2013, 07:01:14 PM
 #8

Perhaps, they're based near the Lawyer's-ville part of the city, if they truly exist...

Address: 145-157 St John Street, London EC1V 4PW, England United Kingdom

Between Farringdon and Old St;

Address: 145-157 St John Street, London EC1V 4PW, England United Kingdom

I'll get you guys a picture of their location over the weekend! Wink

Don't bother bro.. 145-157 St John Street is where half of UK registered companies are; it's the best known P/O box, used to see it all the time as an accountant and have a company there myself (company no. 08500013)
TheSwede75
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June 14, 2013, 07:14:48 PM
 #9

As simple as that
https://cloudhashing.com

Edit 1:  actually kncminer is providing hardware to cloudhashing.com
Edit 2: change title

Stop spamming you and your friends site. I get it, you made a pretty website and ordered a bunch of ASIC's the price per GH is still astronomically high for every package you sell considering you are not even mining yet.
Tamerz
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June 14, 2013, 07:33:05 PM
 #10

Beware, mining United and pyramining

What's wrong with Pyramining? That appears to still be up and I can get in my account.
bitpop
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June 15, 2013, 09:15:19 AM
 #11

It takes 18 years to get your money back and break even at this point.

Beware, mining United and pyramining

What's wrong with Pyramining? That appears to still be up and I can get in my account.

Bitcoinorama
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June 15, 2013, 01:16:30 PM
 #12

Perhaps, they're based near the Lawyer's-ville part of the city, if they truly exist...

Address: 145-157 St John Street, London EC1V 4PW, England United Kingdom

Between Farringdon and Old St;

Address: 145-157 St John Street, London EC1V 4PW, England United Kingdom

I'll get you guys a picture of their location over the weekend! Wink

Don't bother bro.. 145-157 St John Street is where half of UK registered companies are; it's the best known P/O box, used to see it all the time as an accountant and have a company there myself (company no. 08500013)

Are you sure about this? On their site they claim to have a physical presence, an office, depicted by a giant red circle:

https://www.cloudhashing.com/contact

I'll swing past on my way back tomorrow morn. If there is nothing to assure they have a physical presence as claimed, then for all intense and purposes, they are out to scam!

Make my day! Say thanks if you found me helpful Smiley BTC Address --->
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Bitcoinorama
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June 15, 2013, 02:01:32 PM
 #13

https://bitcointalk.org/index.php?topic=232739.msg2482908#msg2482908

Make my day! Say thanks if you found me helpful Smiley BTC Address --->
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Rampion
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June 18, 2013, 09:08:10 AM
 #14

The prices are ridiculous: $1,000 per 10GH/s - right, they buy the machines from KnCMiner, which cost $7,000 per 350GH/s, and they sell them for $35,000... And they have the guts to say the the estimated yearly revenue for 10GH/s is aprox. 50BTC

Yeah, so we are all going to be rich.

Jokers...

SCAM

cloudhasher
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June 18, 2013, 09:24:10 AM
 #15

The prices are ridiculous: $1,000 per 10GH/s - right, they buy the machines from KnCMiner, which cost $7,000 per 350GH/s, and they sell them for $35,000... And they have the guts to say the the estimated yearly revenue for 10GH/s is aprox. 50BTC

Yeah, so we are all going to be rich.

Jokers...

SCAM

Don't usually respond to the daft

So quick to jump the gun. Read

https://www.cloudhashing.com/revenue-reinvestment

Our contract holders get additional hashing power monthly. Very hard to so solo mining. Plus no need to worry about hosting etc.

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

Happy hashing

CH
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June 18, 2013, 09:39:01 AM
 #16

The prices are ridiculous: $1,000 per 10GH/s - right, they buy the machines from KnCMiner, which cost $7,000 per 350GH/s, and they sell them for $35,000... And they have the guts to say the the estimated yearly revenue for 10GH/s is aprox. 50BTC

Yeah, so we are all going to be rich.

Jokers...

SCAM

Don't usually respond to the daft

So quick to jump the gun. Read

https://www.cloudhashing.com/revenue-reinvestment

Our contract holders get additional hashing power monthly. Very hard to so solo mining. Plus no need to worry about hosting etc.

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

Happy hashing

No math behind 50BTC return for 10GH/s, that's a joke. It's like offering 7% weekly interest on a loan = ponzi scheme.

Only fact is you are charging $1,000 for 10GH/s that cost you $200 or less.

You win, while your customers will be paid from the revenue coming from new contracts - if there's any payment, which is yet to be seen.

Good luck with your PONZI SCHEME


TLS freedom
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June 18, 2013, 09:52:48 AM
 #17

LOL I can't believe they came here to defend it!! hahaha!
cloudhasher
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Taking bitcoin mining to everybody


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June 18, 2013, 10:28:13 AM
 #18

The prices are ridiculous: $1,000 per 10GH/s - right, they buy the machines from KnCMiner, which cost $7,000 per 350GH/s, and they sell them for $35,000... And they have the guts to say the the estimated yearly revenue for 10GH/s is aprox. 50BTC

Yeah, so we are all going to be rich.

Jokers...

SCAM

Don't usually respond to the daft

So quick to jump the gun. Read

https://www.cloudhashing.com/revenue-reinvestment

Our contract holders get additional hashing power monthly. Very hard to so solo mining. Plus no need to worry about hosting etc.

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

Happy hashing

No math behind 50BTC return for 10GH/s, that's a joke. It's like offering 7% weekly interest on a loan = ponzi scheme.

Only fact is you are charging $1,000 for 10GH/s that cost you $200 or less.

You win, while your customers will be paid from the revenue coming from new contracts - if there's any payment, which is yet to be seen.

Good luck with your PONZI SCHEME





At current difficulty, here are the numbers if you care to research

Coins per 24h at these conditions   0.2600 BTC. - over 90 BTC annually
Power cost per 24h   0.00 USD
Revenue per day   26.50 USD
Less power costs   26.50 USD
System efficiency   - MH/s/W
Mining Factor 100 at the end of the time frame   0.16 USD/24h@100MHash/s
Average Mining Factor 100   0.21 USD/24h@100MHash/s
Power cost per time frame   0.00 USD
Revenue per time frame   7636.52 USD

Yes we expect to difficulty to shoot up, we have the revenue reinvestment program to boost the profitabilty of our clients. Customers receive additionally hashing power on a monthly basis as we keep spare capacity and purchase hardware aggressively. This additionally hashing power increases profitability.

Accusations are easy to throw about.
Thankfully the Internet is way larger than this forum.

Kind regards

CH
Bitcoinorama
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June 18, 2013, 10:30:39 AM
 #19

Where are you based though, really?

Your good-looking website still misleads: Address: 145-157 St John Street, London EC1V 4PW, England United Kingdom

Even though you appear to have removed the totally misrepresentative map with large red marker stating; "this is our office"...

https://cloudhashing.com/contact

Make my day! Say thanks if you found me helpful Smiley BTC Address --->
1487ThaKjezGA6SiE8fvGcxbgJJu6XWtZp
cloudhasher
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Taking bitcoin mining to everybody


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June 18, 2013, 10:35:01 AM
 #20

Where are you based though, really?

Your good-looking website still misleads: Address: 145-157 St John Street, London EC1V 4PW, England United Kingdom

Even though you appear to have removed the totally misrepresentative map with large red marker stating; "this is our office"...

https://cloudhashing.com/contact

As stated on other post.

It was put there by the web design company.  We have asked for the removal. We are London based and will willingly meet with any Londoners for a coffee to discuss bitcoin & business.

Kind regards

CH
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