CloudHashing.com Announces Industry-First Bitcoin Guarantee

[Athom]

The Bitcoin mining company CloudHashing.com announced today the first guarantee in the cloud mining space along with 2014 pricing which undercuts all cloud-based competitors.

AUSTIN, Texas, Jan. 1, 2014 (GLOBE NEWSWIRE) -- via PRWEB - In the Bitcoin mining industry, where projections but not promises are the norm, CloudHashing.com's announcement could shake up an already extremely competitive industry at a time when Bitcoin is becoming more mainstream.

The company announced that customers can now pre-order cutting-edge Bitcoin mining contracts at a cost of just $9.49 per Gigahash/sec guaranteed to begin Feb. 15 or full refunds will be given. This cost-per-Gigahash is significantly less than anything announced, and CloudHashing.com's established track record of delivering cloud mining services since July makes the announcement a potential game changer.

Additionally, CloudHashing.com announced a reduction in its mining pool fee from ten percent to three percent along with the elimination of management fees. These fees are used to pay for electricity and maintenance in the datacenters.

"Our mission at CloudHashing.com is to bring Bitcoin mining to everyone in an easy and affordable way," said Emmanuel Abiodun, founder and chief executive officer. "By building our newest datacenter at such a massive scale using the latest technology, we are able to make these kinds of guarantees where others can't."

The Dallas, Texas datacenter Abiodun has built is based upon the latest CoinTerra 28nm ASIC architecture at an unprecedented scale. Through the unique relationship CloudHashing.com has built with CoinTerra and others, they are able to scale with demand in a nimble way to bring hashing power to market very quickly.

CloudHashing.com's announcement comes on the heels of their company recently being featured in the New York Times article "Into the Bitcoin Mines".

Cloudhashing.com is a Bitcoin mining technology company where customers can purchase mining contracts and earn bitcoins via their website. It is a pioneer in the Bitcoin industry and was the first to introduce cloud-based Bitcoin mining. The London-based company has thousands of customers worldwide.

Bitcoin is an increasingly popular online currency and technology that is changing the way many are purchasing things online in the same way the World Wide Web revolutionized how people connect to one another.

This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb.com/releases/CloudHashing/Bitcoin/prweb11456205.htm

Contact:
CloudHashing.com
Michael Hatfield
michael@cloudhashing.com
+1 757-903-1972

[Cummins59]

Hi Michael, sounds like your the "new contact" at CloudHashing.com. I am sure that I have emailed you a few customer service requests and you have responded with no help. But JUST IN CASE there is another Michael, let me fill you in.

On Dec, 3 2013 I bought and paid for a 2-year, 20GH contract for $999. Due to your horrible interface that initially need 2 different passwords to log in (one for the control panel and one for the pool) and not specifying that, I locked myself out. Because your password reset never worked, I was unable to get into my account. Nonetheless, I did not give up, I sent email after email until someone finally contacted me and re-designed your interface which then allowed the password reset to function, as it supposed to.

I was then able to log in, only to find that my miner was not being paid. Zac, replied and said that he is SO sorry and that they would just refund my account. They then sent me an email that said "refunded" but did not include a blockchain or even a wallet address that it was sent to. I responded back and said, "please provide me with a transaction #" and CloudHashing.com replied back and said quit trying to scam us.

WOW, nice way to confirm a refund! Now you guys have BLOCKED my email address from submitting anything to support. Unfortunately, I filed to reports with the Internet Fraud Unit in the UK. Now that you have released you US contact info, I will provide this with the Attorney General and Better Business Bureau.

Nice way to start and end a PONZI scheme and just think, I was doing a tester for $25,000 mining investment that my company wanted to make. Fortunately that did not happen.

This is your ABSOLUTE last opportunity to redeem yourself and square up for the $999, 2 year contract. My user name is cummins59 (here and at cloudhashing.com)

By the way, I have over 100 emails and responses and screen shots as proof.

Here is my wallet address for the refund. 16jYtiBMVcLFzJXLqFyToj1i9xoEBXSaEb

and for all you members that don't know this, this guy goes by another name CloudHasher      MAJOR SCAM ALERT and TRADE WITH EXTREME CAUTION

[DrG]

Well the best way to bring down a business is to hear stories like that.

Athom, wanna help the guy out and find an amicable resolution?

[Athom]

Well the best way to bring down a business is to hear stories like that.

Athom, wanna help the guy out and find an amicable resolution?

I'm just the messenger, but I understand Cummins59 frustrations. Hopefully by putting his story out there, CloudHashing.com will give in to his request or lose whatever potential business they might of gotten.

Since BTC has gone "mainstream" its brought out a lot of bad unscrupulous practices by a bunch of questionable companies. Now I'm not saying that CloudHashing.com is a scam, but these people need to realize that the customers are the heart of their businesses.

[Cummins59]

I may stand corrected. After posting, emailing, bitching and moaning, I believe CloudHashing.com is trying to do right. That being said, I will keep the members here updated. I do want to thank Michael, Zac and Patrick for the phone call and doing what was/is right. It is unfortunate that it had to go as far as it did but if it made CloudHashing.com accountable & verifiable, then it was worth it because there are so many scammers out there.

[Lloydie]

The Bitcoin mining company CloudHashing.com announced today the first guarantee in the cloud mining space along with 2014 pricing which undercuts all cloud-based competitors.

AUSTIN, Texas, Jan. 1, 2014 (GLOBE NEWSWIRE) -- via PRWEB - In the Bitcoin mining industry, where projections but not promises are the norm, CloudHashing.com's announcement could shake up an already extremely competitive industry at a time when Bitcoin is becoming more mainstream.

The company announced that customers can now pre-order cutting-edge Bitcoin mining contracts at a cost of just $9.49 per Gigahash/sec guaranteed to begin Feb. 15 or full refunds will be given. This cost-per-Gigahash is significantly less than anything announced, and CloudHashing.com's established track record of delivering cloud mining services since July makes the announcement a potential game changer.

Additionally, CloudHashing.com announced a reduction in its mining pool fee from ten percent to three percent along with the elimination of management fees. These fees are used to pay for electricity and maintenance in the datacenters.

"Our mission at CloudHashing.com is to bring Bitcoin mining to everyone in an easy and affordable way," said Emmanuel Abiodun, founder and chief executive officer. "By building our newest datacenter at such a massive scale using the latest technology, we are able to make these kinds of guarantees where others can't."

The Dallas, Texas datacenter Abiodun has built is based upon the latest CoinTerra 28nm ASIC architecture at an unprecedented scale. Through the unique relationship CloudHashing.com has built with CoinTerra and others, they are able to scale with demand in a nimble way to bring hashing power to market very quickly.

CloudHashing.com's announcement comes on the heels of their company recently being featured in the New York Times article "Into the Bitcoin Mines".

Cloudhashing.com is a Bitcoin mining technology company where customers can purchase mining contracts and earn bitcoins via their website. It is a pioneer in the Bitcoin industry and was the first to introduce cloud-based Bitcoin mining. The London-based company has thousands of customers worldwide.

Bitcoin is an increasingly popular online currency and technology that is changing the way many are purchasing things online in the same way the World Wide Web revolutionized how people connect to one another.

This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb.com/releases/CloudHashing/Bitcoin/prweb11456205.htm

Contact:
CloudHashing.com
Michael Hatfield
michael@cloudhashing.com
+1 757-903-1972

$9.49 per ghs? Lol. That will not ROI based on current exchange and projected difficulty increase by feb 15, IMHO. http://www.bitcoinx.com/profit/

Takes a lifetime to build a reputation and ten minutes to trash it. Mr Abiodun, that is a name I shall forever remember to stay away from, speaking for myself of course.

[JackBlak]

$9.49 per ghs? Lol. That will not ROI based on current exchange and projected difficulty increase by feb 15, IMHO. http://www.bitcoinx.com/profit/

Takes a lifetime to build a reputation and ten minutes to trash it. Mr Abiodun, that is a name I shall forever remember to stay away from, speaking for myself of course.
[/quote]

Ok, so where the you buy yours and for how much? BFL and these guys seem to be offering the best out there. I'm a newbie, and thought the best thing out is CEX, but that is nothing but a casino where the unacquainted get ra ped for ghs.

I want to spread my risk, hence why I ask. Hashfast was looking good till I heard they are in troubled with the law.

It's one thing to point out what is expensive, help us all out and point to the 'cheap' providers (and reputable of course, I got burned by an offer that was too goo to be true..it wasn't true)

[Lloydie]

$9.49 per ghs? Lol. That will not ROI based on current exchange and projected difficulty increase by feb 15, IMHO. http://www.bitcoinx.com/profit/

Takes a lifetime to build a reputation and ten minutes to trash it. Mr Abiodun, that is a name I shall forever remember to stay away from, speaking for myself of course.

Ok, so where the you buy yours and for how much? BFL and these guys seem to be offering the best out there. I'm a newbie, and thought the best thing out is CEX, but that is nothing but a casino where the unacquainted get ra ped for ghs.

I want to spread my risk, hence why I ask. Hashfast was looking good till I heard they are in troubled with the law.

It's one thing to point out what is expensive, help us all out and point to the 'cheap' providers (and reputable of course, I got burned by an offer that was too goo to be true..it wasn't true)
[/quote]

Try dzcoop. Even their worst deals are better than cloudhashing, IMHO. However, at this late state stage you may have missed out on the best 20nm and 28nm deals. Even on these deals of less than $4 per ghs, ROI is a risky proposition due to difficulty increases.

I think best bet ATM is buying btcs, until difficulty calms down to sub 20% increases after new tech and asicminer gen 3 comes out in q1. If difficulty doesn't come down, most miners won't ROI on their equipment, IMHO.

[Lloydie]

And read this: https://bitcointalk.org/index.php?topic=398290.0

Also, please research up on BFL delivery track record, very thoroughly, before you hand over your hard earned.

[Sauzer00]

When are thoose new contract online ?

Becouse i made some calculation.
Even buyin the biggest package at the moment on sell for 35k$ u get 2TH (17$ GH)
Doing calculation here http://btc.re/miningcalc
with 30% difficult that look like wath's happening u are gonna collect 33 BTC in one year
That at the actual price it's like 26-27k$ so not making money even with the biggest package

With 9$ at GH things could change and be profitable.