Grouphashing.com scam or trustworthy? YES IT IS!

[michielnl]

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UPDATE DEC 11: WARNING: GROUPHASHING IS A SCAM
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Hi All,

Yesterday, I ordered a 2 MH/s contract for 2.10000 BTC with Grouphashing.com.

Now, I am getting a little bit worried when I read:
    http://bitcointalk.org/index.php?topic=345187.0
    http://bitcointalk.org/index.php?topic=335963.0

On their website: https://grouphashing.com/privacy_policy , the following address is mentioned.
    Zilverenberg 36, 5234GM, 's-Hertogenbosch, Netherlands, grouphashing@gmail.com

When I search, I do find some companies on this address (but no grouphashing?):
  http://www.oozo.nl/?acid=&q=Zilverenberg%2036,%20den%20bosch
I did contact Peritus Consult, but they are not affiliated.

When I check the domain, I get the info below.

http://who.godaddy.com/whoischeck.aspx?domain=GROUPHASHING.COM
Registrant Name: Registration Private
Registrant Organization: Domains By Proxy, LLC
Registrant Street: DomainsByProxy.com
Registrant Email: GROUPHASHING.COM@domainsbyproxy.com
https://www.domainsbyproxy.com/AboutUs.aspx

=> My question is: does anybody have good experience with this company ??

@GroupHashing ( https://bitcointalk.org/index.php?action=profile;u=156017 )
Can you please respond to this?

[Siggi84]

Hello,

I wanted to just also buy a 2000kh/s contract, but this post yet read in the last minute.

I'm already a few days with the seller in contact, was always very nice and responded very quickly. Let's see what happens.

If there is something new, please let me know!

Sorry for my bad english ;-)

[ngindenkore]

I almost trust this site and got scammed by them.

[tyler27]

I hope you fix your problem soon.
I saved that website into my bookmarks about 10 days ago. When I went back this Friday (to buy a contract), everything was sold out already. Maybe I could call this "luck" now...

[peer2peer360]

I myself was about to invest in one of their 1000 kh/s mining contracts but
fortunely the contracts had sold out at the time.

what may have saved me is i hadn't diversified
my crypto portfolio jus Yet & the contracts was
sold out..

thank you prime creator

here is what Mike Roland from bitcoop.org sent me in an email when
I contacted him about service & this is what he said about
grouphashing dot com... "Grouphashing is notorious for taking eons to deliver on their promises. They always seem cheaper but have not yet delivered a contract on time."

I also contacted grouphashing & asked them about will they be offering any new
contracts & this is what they said in an Email response

Date:
December 1, 2013, 10:38 PM

Hi,

Thank you for your enquiry.

Yes, there will be more contracts coming. We are just moving to a new facility then we will be deploying some more hardware.

Thank you

GroupHashing.com
--------------------------------------
Date:
December 4, 2013, 8:24 AM


We will let everyone who has requested to be notified know when our next batch of contracts is available.

I cannot guarantee that we will be able to inform you before they are available but I will try and lets you know as soon as possible.

Thank you

[michielnl]

All here are updates:

1. According to: http://cryptonerd.co/scrypt-cloud-hashing-is-here/
The GroupHashing services are hosted by: ReleaseNetworks in Amsterdam
I just got reply from ReleaseNetworks.
ReleaseNetworks confirms that they do provide hosting for the servers for GroupHashing.
FYI. ReleaseNetworks also comments in thread: https://bitcointalk.org/index.php?topic=345168.0

2. GroupHashing just did send a reply that they are very busy and have activated my contract.
When I log in, the account does seem to be active.

=> For now, it does NOT seem to be a scam.
Please let me provide an update when delivered.

[Siggi84]

What surprised me so much that, according to the server status already 6 days offline?

---> https://grouphashing.com/info/stats

[jcambond]

I purchased a 1 mH/s mining contract on 11/28/13 and so my 2 week payout is scheduled for this coming Thursday (12/12/13).  I will post at the end of the day whether I have received my payout as well as the payout amount and I encourage anyone else who has purchased a contract to also post when/if they receive a payout and the amount, if that is a kosher thing to request.  I think their current/future customers have the right to know what they are getting into and how well their service actually performs if they decide to purchase a contract should they be available, as they are now.  My suspicion that, if I do end up receiving a payout, it will likely be only a fraction of what one would expect under 100% uptime of their rigs...uptime was not mentioned in the contract (although vague lawyer speak in their TOS/TAC, as usual, absolves them from a number of obligations) and I hope this extremely long outage isn't going to be commonplace throughout the life of the contract but we'll see.  They say that they're posting details of their moving of facilities on their blog but I have not been able to find their blog anywhere.

[rdyoung]

I purchased a 1 mH/s mining contract on 11/28/13 and so my 2 week payout is scheduled for this coming Thursday (12/12/13).  I will post at the end of the day whether I have received my payout as well as the payout amount and I encourage anyone else who has purchased a contract to also post when/if they receive a payout and the amount, if that is a kosher thing to request.  I think their current/future customers have the right to know what they are getting into and how well their service actually performs if they decide to purchase a contract should they be available, as they are now.  My suspicion that, if I do end up receiving a payout, it will likely be only a fraction of what one would expect under 100% uptime of their rigs...uptime was not mentioned in the contract (although vague lawyer speak in their TOS/TAC, as usual, absolves them from a number of obligations) and I hope this extremely long outage isn't going to be commonplace throughout the life of the contract but we'll see.  They say that they're posting details of their moving of facilities on their blog but I have not been able to find their blog anywhere.

Does your account show an active contract?
3 days ago I ordered and paid for one of the 1MHS contracts and its not in my account, nor does it show any invoices, etc.
I have sent them 3 emails with no response as of yet.
I have also just sent them an email from another new email account to see if they respond to it.

From my POV at the moment, its either run by very incompetent children, or its an outright scam.

[rdyoung]

Hi All,

Yesterday, I ordered a 2 MH/s contract for 2.10000 BTC with Grouphashing.com.

Now, I am getting a little bit worried when I read:
    http://bitcointalk.org/index.php?topic=345187.0
    http://bitcointalk.org/index.php?topic=335963.0

On their website: https://grouphashing.com/privacy_policy , the following address is mentioned.
    Zilverenberg 36, 5234GM, 's-Hertogenbosch, Netherlands, grouphashing@gmail.com

When I search, I do find some companies on this address (but no grouphashing?):
  http://www.oozo.nl/?acid=&q=Zilverenberg%2036,%20den%20bosch
I did contact Peritus Consult, but they are not affiliated.

When I check the domain, I get the info below.

http://who.godaddy.com/whoischeck.aspx?domain=GROUPHASHING.COM
Registrant Name: Registration Private
Registrant Organization: Domains By Proxy, LLC
Registrant Street: DomainsByProxy.com
Registrant Email: GROUPHASHING.COM@domainsbyproxy.com
https://www.domainsbyproxy.com/AboutUs.aspx

=> My question is: does anybody have good experience with this company ??

@GroupHashing ( https://bitcointalk.org/index.php?action=profile;u=156017 )
Can you please respond to this?

I did a little digging as well. The domain was purchased from godaddy.
A traceroute reveals an ip that ties to slushs pool, what that means exactly I am not sure.

[Siggi84]

According to statistics of the server is back online ...
--> https://grouphashing.com/info/stats

Unfortunately I have no more reply to my emails since 2 days.

Sorry for my bad english 

[Lethn]

I spotted this awhile ago, is there somebody who has had success making a deal with them?

[EpicKalypze]

I spotted this awhile ago, is there somebody who has had success making a deal with them?

I've purchased the 2mh/s contract two days ago. I gave the invoice address 0.02 BTC more then what I owned to see if it would be returned then I found it all spent after my contract confirmed! I'm still waiting. I could provide the public address of that invoice if it doesn't void terms and conditions? I sent them emails about the extra BTC no responds. I sent suggestions about auto-swiched mining between many scrypt Altcoins no responds

[rdyoung]

I spotted this awhile ago, is there somebody who has had success making a deal with them?

I've purchased the 2mh/s contract two days ago. I gave the invoice address 0.02 BTC more then what I owned to see if it would be returned then I found it all spent after my contract confirmed! I'm still waiting. I could provide the public address of that invoice if it doesn't void terms and conditions? I sent them emails about the extra BTC no responds. I sent suggestions about auto-swiched mining between many scrypt Altcoins no responds

Your contract was confirmed? It shows up as actively mining?
I am still waiting for mine purchased and paid for 4 days ago to show up.

[EpicKalypze]

I spotted this awhile ago, is there somebody who has had success making a deal with them?

I've purchased the 2mh/s contract two days ago. I gave the invoice address 0.02 BTC more then what I owned to see if it would be returned then I found it all spent after my contract confirmed! I'm still waiting. I could provide the public address of that invoice if it doesn't void terms and conditions? I sent them emails about the extra BTC no responds. I sent suggestions about auto-swiched mining between many scrypt Altcoins no responds

Your contract was confirmed? It shows up as actively mining?
I am still waiting for mine purchased and paid for 4 days ago to show up.

comfirmed? Yes. Actively mining? If the dashboard is correct than yes.
Have you traced/searched your invoice's address in the block chain or google yet? Do the numbers add up? Was it sent somewhere else?

[rdyoung]

I spotted this awhile ago, is there somebody who has had success making a deal with them?

I've purchased the 2mh/s contract two days ago. I gave the invoice address 0.02 BTC more then what I owned to see if it would be returned then I found it all spent after my contract confirmed! I'm still waiting. I could provide the public address of that invoice if it doesn't void terms and conditions? I sent them emails about the extra BTC no responds. I sent suggestions about auto-swiched mining between many scrypt Altcoins no responds

Your contract was confirmed? It shows up as actively mining?
I am still waiting for mine purchased and paid for 4 days ago to show up.

comfirmed? Yes. Actively mining? If the dashboard is correct than yes.
Have you traced/searched your invoice's address in the block chain or google yet? Do the numbers add up? Was it sent somewhere else?

Thats the kicker, I dont have an invoice. It didnt take long for them to sweep my payment to another address.
I have sent them several emails asking about it with not 1 response to date.
They did however quickly answer my first email to them asking about new hardware.

I consider myself quite adept at many things, however forensic accounting is not one of them.
I was able to trace back a few addresses and ended up in an address that has seen some serious BTC move through it.

[EpicKalypze]

I spotted this awhile ago, is there somebody who has had success making a deal with them?

I've purchased the 2mh/s contract two days ago. I gave the invoice address 0.02 BTC more then what I owned to see if it would be returned then I found it all spent after my contract confirmed! I'm still waiting. I could provide the public address of that invoice if it doesn't void terms and conditions? I sent them emails about the extra BTC no responds. I sent suggestions about auto-swiched mining between many scrypt Altcoins no responds

Your contract was confirmed? It shows up as actively mining?
I am still waiting for mine purchased and paid for 4 days ago to show up.

comfirmed? Yes. Actively mining? If the dashboard is correct than yes.
Have you traced/searched your invoice's address in the block chain or google yet? Do the numbers add up? Was it sent somewhere else?

Thats the kicker, I dont have an invoice. It didnt take long for them to sweep my payment to another address.
I have sent them several emails asking about it with not 1 response to date.
They did however quickly answer my first email to them asking about new hardware.

I consider myself quite adept at many things, however forensic accounting is not one of them.
I was able to trace back a few addresses and ended up in an address that has seen some serious BTC move through it.

How did you pay them if you never received their invoice address? Or does it forever say "not yet confirmed"? It doesn't make much since to have two kinds of victims. One type is given an account and the other type isn't. @Jcambond we all may have to wait it out until the first payout. If everything isn't straight by then what next?

[rdyoung]

I spotted this awhile ago, is there somebody who has had success making a deal with them?

I've purchased the 2mh/s contract two days ago. I gave the invoice address 0.02 BTC more then what I owned to see if it would be returned then I found it all spent after my contract confirmed! I'm still waiting. I could provide the public address of that invoice if it doesn't void terms and conditions? I sent them emails about the extra BTC no responds. I sent suggestions about auto-swiched mining between many scrypt Altcoins no responds

Your contract was confirmed? It shows up as actively mining?
I am still waiting for mine purchased and paid for 4 days ago to show up.

comfirmed? Yes. Actively mining? If the dashboard is correct than yes.
Have you traced/searched your invoice's address in the block chain or google yet? Do the numbers add up? Was it sent somewhere else?

Thats the kicker, I dont have an invoice. It didnt take long for them to sweep my payment to another address.
I have sent them several emails asking about it with not 1 response to date.
They did however quickly answer my first email to them asking about new hardware.

I consider myself quite adept at many things, however forensic accounting is not one of them.
I was able to trace back a few addresses and ended up in an address that has seen some serious BTC move through it.

How did you pay them if you never received their invoice address? Or does it forever say "not yet confirmed"? It doesn't make much since to have two kinds of victims. One type is given an account and the other type isn't. @Jcambond we all may have to wait it out until the first payout. If everything isn't straight by then what next?

It gave me an address to pay.
I have sent them an email asking for a refund of that btc, if they are legit 1 of 2 things will happen, I will receive a contract and start mining ltc, or I will find my wallet 1.2btc fatter.

[EpicKalypze]

Does something about their terms and conditions seem a little funky to anyone? Like maybe a little too much of a demanding or "everyone shut up or else" kind of tone? In comparison to well known host hashers?

[jcambond]

Not really, it looks to be pretty standard.  Grouphashing people, if you are reading this and are legit...and you should be reading it given the unverifiable nature of your service...then I hope you realize that if you aren't on time with your first payouts, you should expect a shitstorm of negative comments immediately after missing them, regardless of any excuses you might have for being late.  If you are on time, you can expect praise...and if you aren't legit then, of course, fuck you...I hope you die of a horrible disease.  It's all in your hands now...