[ANN] ☁ MineThatCloud ☁ SHA-256 - 0.00087 BTC/GHs ☁ Cloud Mining Service ☁ - page 8.

MineThatCloud

newbie

Activity: 14

Merit: 0

Quote from: jimmothy on January 14, 2015, 07:55:38 PM

Quote from: MineThatCloud on January 14, 2015, 01:24:36 PM

As for maintenance fees.

Datacenter in UK.

£6,608 Per Month, We have 4 Full Racks Rented out
£0.17 Per Kwh

Datacenter in France.

€8,526 Per Month, We have 4 Full Racks Rented out
€0.26 Per Kwh

Let me know if I'm understanding this correctly.

You pay ~$18,000 USD per month for hosting of your 154 TH/s.

154 TH/s earns $315/day or $9500/month.

So you are asking for $25,000 for 154 TH/s which produces a loss of $8500/month for 12 months? (assuming difficulty doesn't increase which it will)

We dont have 154 TH/s, We have 354 TH/s.

We make ~16,500 GBP - ~$25,500 Per month using our mining hardware.

sure we are worried about losing money at the moment due to the decreased price but we are positive this will increase and of course hardware goes out of date we will need to cross that bridge when we come to it.

Mabsark

legendary

Activity: 826

Merit: 1004

Quote from: MineThatCloud on January 14, 2015, 01:24:36 PM

Quote from: Mabsark on January 14, 2015, 12:13:22 PM

What are your maintenance fees?

Also, will you be providing any of the evidence puppet asks for in his Cloudmining 101 thread in order to prove your legitimacy?

Hi Thank You for your post.

We just noticed puppets post and will be providing evidence shortly.

As for maintenance fees.

Datacenter in UK.

£6,608 Per Month, We have 4 Full Racks Rented out
£0.17 Per Kwh

Datacenter in France.

€8,526 Per Month, We have 4 Full Racks Rented out
€0.26 Per Kwh

17p per kWh is 0.26 $/kWh. On average, at the current difficulty you'll mine 0.00001144 BTC/GH/day. At 0.26 $/kWh, a 0.5 J/Gh miner would cost 0.00001752 BTC/Gh/day to run at a price of 178 $/BTC meaning you would lose 0.00000608 BTC/GH/day. In fact, with a 0.5 J/Gh miner you'd lose money unless the bitcoin price was above 273 $/BTC.

jimmothy

hero member

Activity: 770

Merit: 509

Quote from: MineThatCloud on January 14, 2015, 01:24:36 PM

As for maintenance fees.

Datacenter in UK.

£6,608 Per Month, We have 4 Full Racks Rented out
£0.17 Per Kwh

Datacenter in France.

€8,526 Per Month, We have 4 Full Racks Rented out
€0.26 Per Kwh

Let me know if I'm understanding this correctly.

You pay ~$18,000 USD per month for hosting of your 154 TH/s.

154 TH/s earns $315/day or $9500/month.

So you are asking for $25,000 for 154 TH/s which produces a loss of $8500/month for 12 months? (assuming difficulty doesn't increase which it will)

MineThatCloud

newbie

Activity: 14

Merit: 0

Quote from: TheCoinFinder on January 14, 2015, 06:44:03 PM

Very simple...

Show which Coins you are currently mining - Scrypt/SHA.

Also, show the last 10 or so blocks you found for these coins.

Ideally also, show any exchange rates (unless you just pay out in the mined coin) - ideally also which Exchange you used (if possible).

Any/all of the above would be great.

Good rates btw

Based on this:
https://alloscomp.com/bitcoin/calculator

It works out a lot better than just buying at current prices. Which does make me very skeptical.

Hi,

Our developer is currently intergrating this information into the website, It should be available tomorrow.

Once this is available I will edit this post with the link, The information will also be shown on the front page of our website.

We mine a number of different coins due to being in a few pools. We also use a number of different exchanges due to price variations. We try to get the best value we can.

We have kept our prices the same as we are just starting out with the cloud mining service. We dont want to cause any confusion or skeptisism. We are also positive that bitcoin will return to a good price.

TheCoinFinder

legendary

Activity: 938

Merit: 1001

Very simple...

Show which Coins you are currently mining - Scrypt/SHA.

Also, show the last 10 or so blocks you found for these coins.

Ideally also, show any exchange rates (unless you just pay out in the mined coin) - ideally also which Exchange you used (if possible).

Any/all of the above would be great.

Good rates btw

Based on this:
https://alloscomp.com/bitcoin/calculator

It works out a lot better than just buying at current prices. Which does make me very skeptical.

MineThatCloud

newbie

Activity: 14

Merit: 0

http://i.imgur.com/eE6flrH.png

MineThatCloud

newbie

Activity: 14

Merit: 0

Quote from: GermanGiant on January 14, 2015, 04:34:12 PM

Quote from: MineThatCloud on January 14, 2015, 04:25:46 PM

Just to inform you all we have put up a page showing Affiliate payments.

http://minethatcloud.com/index.php?option=com_content&view=article&id=17

Very good. Only you and cloudmining.website have it. The page of cloudmining.website can be found here => www.cloudmining.website/affiliates.php ...this kinda initiative make things very transparent to affiliate earners.

Thanks.

We are also in the process of creating a "Payment Proof" page so that we can show all payments that we make. Once again this is a step towards being as transparent as possible.

GermanGiant

hero member

Activity: 784

Merit: 501

Quote from: MineThatCloud on January 14, 2015, 04:25:46 PM

Just to inform you all we have put up a page showing Affiliate payments.

http://minethatcloud.com/index.php?option=com_content&view=article&id=17

Very good. Only you and cloudmining.website have it. The page of cloudmining.website can be found here => www.cloudmining.website/affiliates.php ...this kinda initiative make things very transparent to affiliate earners.

MineThatCloud

newbie

Activity: 14

Merit: 0

Just to inform you all we have put up a page showing Affiliate payments.

http://minethatcloud.com/index.php?option=com_content&view=article&id=17

MineThatCloud

newbie

Activity: 14

Merit: 0

Quote from: Warren Buffet on January 14, 2015, 01:47:05 PM

Quote from: Dilemma on January 14, 2015, 11:07:57 AM

i received my payment

https://blockchain.info/tx/d0a68d600429ee22d0ce532458a168c49c354fec48f08baa7fab6e8bc627fd92

it s amazing

Thank you

The service just launched and started giving out payments !!! Shocked

Did not you need to buy any hash power ?

We were making payments for the trial accounts, Which unfortuantly are now all gone.

Warren Buffet

full member

Activity: 132

Merit: 100

Quote from: Dilemma on January 14, 2015, 11:07:57 AM

i received my payment

https://blockchain.info/tx/d0a68d600429ee22d0ce532458a168c49c354fec48f08baa7fab6e8bc627fd92

it s amazing

Thank you

The service just launched and started giving out payments !!! Shocked

Did not you need to buy any hash power ?

MineThatCloud

newbie

Activity: 14

Merit: 0

Quote from: Mabsark on January 14, 2015, 12:13:22 PM

What are your maintenance fees?

Also, will you be providing any of the evidence puppet asks for in his Cloudmining 101 thread in order to prove your legitimacy?

Hi Thank You for your post.

We just noticed puppets post and will be providing evidence shortly.

As for maintenance fees.

Datacenter in UK.

£6,608 Per Month, We have 4 Full Racks Rented out
£0.17 Per Kwh

Datacenter in France.

€8,526 Per Month, We have 4 Full Racks Rented out
€0.26 Per Kwh

Mabsark

legendary

Activity: 826

Merit: 1004

What are your maintenance fees?

Also, will you be providing any of the evidence puppet asks for in his Cloudmining 101 thread in order to prove your legitimacy?

MineThatCloud

newbie

Activity: 14

Merit: 0

Quote from: Dilemma on January 14, 2015, 11:07:57 AM

i received my payment

https://blockchain.info/tx/d0a68d600429ee22d0ce532458a168c49c354fec48f08baa7fab6e8bc627fd92

it s amazing

Thank you

No Problem!

We still have 1 Mining Trial account available!

Dilemma

full member

Activity: 168

Merit: 100

i received my payment

https://blockchain.info/tx/d0a68d600429ee22d0ce532458a168c49c354fec48f08baa7fab6e8bc627fd92

it s amazing

Thank you

MineThatCloud

newbie

Activity: 14

Merit: 0

Quote from: Vortex20000 on January 14, 2015, 10:40:59 AM

Well, here's to a vouch!

Fast customer response to my trial ticket - also received first payment, thank you. Seems legit enough, hope you don't turn out like the Hashie scam Roll Eyes

You should probably state somewhere payments are daily and automatic. I wasted 15 minutes trying to find a withdraw button :p

Thank You, Happy we could be of service.

Quote from: Dilemma on January 14, 2015, 10:47:07 AM

i want try your servise
i just login system
how can i get free 75 Gh?
i send a message from your contack page

Hollie has replied to your email and requested payment to your account as you have only just missed the payment window.

Dilemma

full member

Activity: 168

Merit: 100

i want try your servise
i just login system
how can i get free 75 Gh?
i send a message from your contack page

Vortex20000

hero member

Activity: 504

Merit: 500

sucker got hacked and screwed --Toad

Well, here's to a vouch!

Fast customer response to my trial ticket - also received first payment, thank you. Seems legit enough, hope you don't turn out like the Hashie scam Roll Eyes

You should probably state somewhere payments are daily and automatic. I wasted 15 minutes trying to find a withdraw button :p

TechnoBibble

member

Activity: 179

Merit: 10

I have my trial payment also, Thanks

https://blockchain.info/tx/68ce9aa8514108c32f7b0238257f4c71fb4c5b8a38fc447b03225f28c8ca0720

You affiliate scheme pays well, I hope you are a 'legit' cloud mining operation, I have seen so many disappear.

MineThatCloud

newbie

Activity: 14

Merit: 0

Quote from: Sam the Man on January 14, 2015, 08:25:08 AM

awesome service thankyou

That moment getting the first pay is awesome however little money it is Tongue

https://blockchain.info/tx/54ce8a26eb45d7a867c0f8e19b652e765724b139be68bd90eaa329f9fa8677d8

There are so many services now that it is really hard to choose where to go but your free trial is a great incentive.
Prices are good and the site is well done.

Hopefully you get through these early stages now when all the doubt is about and keep going.
I have spread it about a bit about your trials and stuff so hopefully more of my friends and others will join in.

One thing I could not find though and was wondering if you are going to have options for different length contracts??

thanks

Glad to hear you received the payment.

Our contracts are renewable at expiration time and we will be offering better prices to existing customers.

Topic: [ANN] ☁ MineThatCloud ☁ SHA-256 - 0.00087 BTC/GHs ☁ Cloud Mining Service ☁ - page 8. (Read 8081 times)