[ANN] iHash Cloud Mining -The Affordable Solution/ supporting SHA-256,Scrypt,x11

[ihash-mining]

Hello Guys,


I am so excited to announce the start of iHash. iHash is a bitcoin/alternate currency cloud mining company that allows its customers to purchase 1 year or life-long mining investments. Our iHashes have the ability to mine 100+ coins and SHA-256, Scrypt, and x11 algorithms. Our miners always mine the most profitable coin available. On top of this feature, as a result of our 85% green energy powered mining farm we are able to offer the lowest maintenance and power cost fees on the market.


Since we have just opened we are offering a limited amount of hashpower on a reduced price. If you are interested please feel free to check us out at http://www.ihash-mining.com/

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If you want to know more:


What is iHash Mining?
iHash is an easy and secure way to purchase scrypt hashpower without having to deal with the complex hardware and software setup. We are a team of bitcoin and mining experts. We have worked hard to develop the iHash technology, the world's most reliable, solar energy operated turbo miners.


How does it work?
iHash provides the easiest mining experience. As soon as we receive you payment your contract will be added and you will start mining immediately. There is no need to select between coins and algorithms. iHash always mines the most profitable coin out of 100+ coins. iHash currently supports SHA-256, Scrypt, and x11 algorithms. After the end of the week, on Saturnday (US time) you will get your payout to your designated bitcoin address.  


Why don't you mine for yourself?
We believe that Bitcoin and other alternate currencies will be the future currency. Our team get paid solely in Bitcoins. Our vision is to spread bitcoins among as many people as we can. Due to the limited amount of it, demand will eventually exceeds supply causing the price of bitcoin to skyrocket.  


Where are your mining farms located?
For security reasons we cannot tell you where our farms are located. Currently we operate 1 mining farm in Los Angeles, United States, where 85% of our power comes from our solar panels.


What does 100% uptime mean?
Although even the great iHashes can go dark for a while, we still provide 100% payout for all your miners, every time. If you miner goes down, we compensate you for the loss. There is no need to worry.


Which pools does iHash use?
We are working on our own mining pool. Currently we are using multiple pools. We always look for reliable, low cost, and low reject rate pools. Because of that our pools can change all the time. But don't worry every pool change we make, we do it for you to get higher profits.


How can I pay?
We accept the following payment methods:

Bitcoin
Litecoin
Dogecoin
Darkcoin
Ripple

How can I reach you if I have further questions?You can always reach us! If you have a longer questions, you can feel out a contact us form at the bottom of the home page. If you would just like to chat with an assistant, use our chatbox on the homepage or in the store. When its available we will be more than happy to assist you.  [/size]

Updated Look and more features 2014.10.27

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[Vessko]

I still don't see a satisfactory answer to the question "why don't you mine for yourselves?".

Either you are a for-profit business, or you are driven by philanthropic reasons.

If you are for-profit, you must make profit from your business model. This means that the revenue you get from selling mining resources must exceed not only the cost of these resources but also the profit you could make from them yourselves - otherwise that's how you'd make your profit. But if this is the case, then it makes no business sense for people to buy your mining resources - they would be better off investing the money in mining equipment themselves.

If you are driven by purely philanthropic reasons (as your answer above seems to imply), then why not simply distribute the surplus Bitcoins (the ones that remain after you cover your mining costs) for free to other Bitcoin enthusiasts, via some kind of faucet?

From my point of view, the only reason for someone to buy such a service would be if they don't want to be bothered with setting up a mining rig themselves (and having to find a buyer for it once it becomes unprofitable) and they are willing to pay you for doing it for them.

[RustyNomad]

I'm by no means an expert when it comes to mining but I have been asking myself the very same questions.

I can understand when a manufacturer sells the mining equipment as they might only be focused on the manufacturing but even then, why don't they just setup a sideline business for mining?

[ihash-mining]

Thanks you for your replies. You address a very reasonable question and I will try my best to explain it.

We do mine bitcoins amd alt coin for ourselves. And wedo invest in different alternate coins that we believe have potential. Our entireteam is also paid solely in bitcoins. The reason for that is that we believe in bitcoin amd its future potentials. However, we also need to diversify out investment poertfolio and account for a bitcoin crash or alt coin crash. So one reason is that we do not want to invest all of out funds into solely bitcoin mining because anything can happen. Please don't fet me wrong bitcoin and altcoin mining can be profitable, especially when it is done with the best texhnology, but it still can be risky. Lets put it that way; we see bitcoin mining as our investment in the stock market. Just how investors diversify their portfolios we diversify ours. The people who mine bitcoins also don't put all of their income into bitcoin mining for the same reason.

Other than this factor we provide our sercvices because we would like to allow everyone on the planet to have access to botcoin. We believe if more people start owning bitcoin and learn about its features, the value of the currency will go extremely high.


I hope i was able to answer your question or doubts. If you still have more questions you can always reach us here on the the website through our contact us or live chat when available.

Cheers,

PS: i hope you will mine with us.

[ihash-mining]

I would also like to mention that private bitcoin mining has many downsides: electricity cost, pool fees, rig maintenance, heat, and noise, not to mention the huge amount of capital needed to mine profitably.

With iHash, we cover all the back end, and you can just enjoy collecting the return on your investment. Due to the margin of our rig order, we have received a discounted price on our personalized miners, and we also 85% solar energy powered, making our fees extremely low. I believe that at this time it is more efficient to use a cloud mining provider in order to stay profitable, and also not to worry about all the risks that come with private mining.

[Vessko]

I hope i was able to answer your question or doubts.

No, you weren't - you basically repeated what you said before.

Look, the profit from selling the mined cryptocurrency will either exceed the expenses of renting your equipment, or it will not. It it does, it doesn't make sense, economically, for you to rent your equipment to others, instead of pocketing the profit yourself. If it does not, it doesn't make sense, economically, for somebody to rent your equipment. Therefore, in either case the transaction doesn't make sense economically for one of the parties involved. The only case I can think of that would involve your product offering value to your customers, is when they want to save themselves the trouble of actually setting up a mining rig themselves and are willing to pay, with part of the profits, for somebody to do it for them.

But it doesn't really matter. I'm not interested in mining - neither with my own equipment, nor with a rented one. I wish you luck in your endeavor.

[ihash-mining]

Thank you for sharing your opinion. I honor it. For many people, cloud mining is the best alternative since they don't have to deal with all the risks, as you said.

Anyways if you feel like mining in the future, we would be more than happy to assist you at iHash.

Best,
Chris 

[ihash-mining]

As a response from the early adopters on a couple bugs, we redesigned our home page, added new features to it while making it more user friendly. We also added a News Page that we will actively update.

Bug Fixes:

Fixed an issue with check out confirmation
Fixed bug in log in
Increased the responsiveness of the site.

We are still working on a lot in the background. If you happen to see an issue, please message us here, or fill out a ticket, or just reach us through our live customer service chat box.

Thank you for you help,

iHash Team

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[ihash-mining]

Homepage complete redesign finished! Enjoy!  

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[miaviator]

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