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Topic: BTCMiners "Cloud Hashing" | $8.50 USD per GH/s! - page 18. (Read 23124 times)

sr. member
Activity: 252
Merit: 250
Sounds really interesting, too bad I can see the headline now, "840 BTC lost to Hosted Mining ruse."
(Nothing against you, I'm just being skeptical + cynical as always Wink )

I'd love to get a hold of at least 10GH/s. When is this expected operational?

Oh believe me.  I've been waiting for someone to say that lol.  Scheduled departure of machines is late November.  No details as of yet, other than "late November".
newbie
Activity: 5
Merit: 0
Sounds really interesting, too bad I can see the headline now, "840 BTC lost to Hosted Mining ruse."
(Nothing against you, I'm just being skeptical + cynical as always Wink )

I'd love to get a hold of at least 10GH/s. When is this expected operational?
sr. member
Activity: 252
Merit: 250
How do I get in on this?

Also how long is the 'contract' for? (eg 8.50 for 1GH/s, for ?? time)

http://www.BTCMiners.net

Intro prices are for life.  After the 35TH has been setup and hashing all additional hashing power will more than likely hold a contract.  Right now the first 35 TH/s that is being sold is good for life.
newbie
Activity: 5
Merit: 0
How do I get in on this?

Also how long is the 'contract' for? (eg 8.50 for 1GH/s, for ?? time)
sr. member
Activity: 252
Merit: 250
interesting, will check this out soon Smiley

Awesome, hope you join us! Smiley Help spread the word!
had a look at your website, hope to see more concrete information before investing on it Smiley

my 2 cents Wink

The links that do not presently work will be working as of tomorrow.  There will be contact information to call us, but please... PLEASE do not call and bombard us with questions.  We will have email addresses for you to email us at.  We will do our absolute best to be accessible within reason to each and everyone of you. 
hero member
Activity: 686
Merit: 500
interesting, will check this out soon Smiley

Awesome, hope you join us! Smiley Help spread the word!
had a look at your website, hope to see more concrete information before investing on it Smiley

my 2 cents Wink
sr. member
Activity: 252
Merit: 250
114 GH/s has been purchased so far! Keep it coming in!
sr. member
Activity: 252
Merit: 250
interesting, will check this out soon Smiley

Awesome, hope you join us! Smiley Help spread the word!
hero member
Activity: 686
Merit: 500
interesting, will check this out soon Smiley
sr. member
Activity: 252
Merit: 250
Here is the wallet with all orders to confirm payments being sent are in one spot and not being spent.

https://blockchain.info/address/11MUhhuJzJvaCm9apSN8tf8zDkMbn9AZt

At first, I had moved the first few transactions to my personal account, but if you feel like browsing through my personal feel free, it's all transparent obviously.  Keeping these aside; it was a quick mistake that was easily remedied.
sr. member
Activity: 252
Merit: 250
Updated pricing from $9.25 to $8.50 per GH/s.   Updated pricing was so that orders that were 10GH/s and over no longer include the free GH/s due to the fact the entire pricing fees have been changed all together. 

All the pricing has been based off $8.50 per GH/s all the way up to 500 GH/s.  That means you can get 100 GH/s for $850 which is a good bargain at that rate.

Due to the price drop we will most likely implement merged mining to help with the electric costs and possibly a small percentage fee to compensate for any difference. 

Will update with more information as we get it.
sr. member
Activity: 252
Merit: 250
Update:

To make it worth the while for previous buyers and future buyers.  We're going to match 1GH/s per 10GH/s ordered.  That will reduce the cost to around $8.50 per GH/s when ordering 10 GH/s.  We will match near 10% to total on all orders above 10 GH/s. 

That sounds nice.
Another question, why "Contact" link on yours website doesn't work?

A lot of the current website development is actually going into the statistics page currently.  The finished website will be done soon enough. 
legendary
Activity: 1344
Merit: 1001
Update:

To make it worth the while for previous buyers and future buyers.  We're going to match 1GH/s per 10GH/s ordered.  That will reduce the cost to around $8.50 per GH/s when ordering 10 GH/s.  We will match near 10% to total on all orders above 10 GH/s. 

That sounds nice.
Another question, why "Contact" link on yours website doesn't work?
sr. member
Activity: 252
Merit: 250
Update:

To make it worth the while for previous buyers and future buyers.  We're going to match 1GH/s per 10GH/s ordered.  That will reduce the cost to around $8.50 per GH/s when ordering 10 GH/s.  We will match near 10% to total on all orders above 10 GH/s. 
sr. member
Activity: 252
Merit: 250
So 10Gh/s would be $92.5 and that is all I would pay yep? For how long is that "contract", few months, year?
Nextly, how often I would recieve a payment for mined BTC.
Do you have any website to make an order?

10GH/s for $92.50 is a one time fee, no contract.  Again these are intro prices and setups. The future may have contracts.. You'll receive them directly after each block is mined.  You'll be able to deduct as low as 0.001 BTC

Website is located:
http://www.BTCMiners.net


The offer seems ok for beginers. I belive it is more profitable than buying an asicminer blade.

I have some questions nobody asked until now;
a) when did you order the equipement
b) ETA on delivery of equipement
c) any photos you can share ? Like the order of the equipement? (I believe you can black out price & adress of delivery& other personal info that should stay private)

LE

People always want something more when they are trying out something new. Can you offer something for first comers? Shares? Price lock or better prices then general public will get on future orders?

A.) The price will potentially flucate.  As of this moment in time $9.25 is how much per GH/s is going based off of the hardware cost.  

B.) It looks that November seems to be out of the question as I had been previously informed via email.  They will be shipped around the 3rd week of December.  So going to the previous question.. Depending on when these get sent out I will re-adjust accordingly to how much is left of the hashing space and if adjustments (free 1GH/s, 10GH/s, etc.. based accordingly off of what you had ordered.) I think that is the biggest thing that needs to be watched due to difficulty values raising, total hashing rate and figuring out an extremely reasonable pool fee to maintain electricity.  The rent we are covering as we are renting that space already for other hosting services in the near future..

C.) The only photo I could show you is off of their website, since I do not tangibly have them at this point.  As for the invoice for them, sure.. I'll just need to screen shot it, cross out personal information and have it up ASAP

The discounted rate with the possibility of us matching specific GH/s if the value of USD to GH/s falls.  Again as above; if for some reason at $9.25 per GH/s of which we are offering, once it's all setup and the USD to GH/s has halved in price, we would accomodate for the difference to the best of our ability.  Obviously if you order 500GH/s chances are we simply won't have enough hash power to match you 1:1.  However, we will keep a buffer and calculate the difference based on order date, current price per GH/s and then future GH/s prices and will give us X value of the ratio to compensate for.

I would also need details on payout frequency, ordering process, etc;  The rate actually is pretty good and I am interested, I just need more details.

Payout frequency will be after 120 confirmations at first.  We want to see what the electricy bill should come out to, and then we will cover the area of making it instant payouts if you "donate" or allow for a percentage pool donation to help with electricity.  A lot of this is up in the air in terms of pool fees and such.  We'd like to get a 24 hour watt usage prior to opening it to everyone, so that way we can then figure out the electricity usage on average and then can go from there.

Sorry I just now got back to answering all these messages, I had been out today and came back and was astonished on the responses!

Thanks for your questions and hope to see some of you join up with us! Smiley

BTCMiners
sr. member
Activity: 448
Merit: 250
I would also need details on payout frequency, ordering process, etc;  The rate actually is pretty good and I am interested, I just need more details.
member
Activity: 82
Merit: 10
The offer seems ok for beginers. I belive it is more profitable than buying an asicminer blade.

I have some questions nobody asked until now;
a) when did you order the equipement
b) ETA on delivery of equipement
c) any photos you can share ? Like the order of the equipement? (I believe you can black out price & adress of delivery& other personal info that should stay private)

LE

People always want something more when they are trying out something new. Can you offer something for first comers? Shares? Price lock or better prices then general public will get on future orders?
legendary
Activity: 1344
Merit: 1001
We've had a pool up for a little while now.  We have come to the conclusion it's not being used very much.  We have confirmed our purchase of 35 TH/s of hashing power (more to come at a later date) by the end of November.

To stimulate our pool, we are subletting the GH/s out at a fixed rate, which is also a very reasonable rate as well.  We're selling per GH/s @ $9.25 USD.  We -MAY- charge a small % fee after everything is up and running due to the fact we're literally not going to make any money on this, however as said before it is to stimulate our pool which also has a 0% fee by default.

The 35 TH/s will be divided out per GH/s for the first 35 TH/s and once that has sold out and we get better dates and confirmation on the remaining purchase of the other equipment, those prices will be increased but will also be very competitive to other market players who are "cloud hashing" as well.

We will be selling these at a reasonable rate, only enough to pay for the devices, upkeep, electricity, etc.. If you want a chance to get in on what we hope is a very exciting opportunity please feel free to join us!

So 10Gh/s would be $92.5 and that is all I would pay yep? For how long is that "contract", few months, year?
Nextly, how often I would recieve a payment for mined BTC.
Do you have any website to make an order?
hero member
Activity: 812
Merit: 1000
I <3 VW Beetles
That's not reasonable at all, at the difficulty level now, you'd expect around $9.50, in about 6 1/2 days that'll drop, in 10-11 days that'll drop some more, and in 10-11 days that'll drop some more.

End result would be something around $8 if we use the extremely generous MtGox exchange rate.  If you think bitcoins are going to go up, then you should buy bitcoins, not give money away.

NOTHING these days is profitable, it makes me kinda sad, but oh hell, just buy some bitcoins and hop onto an exchange and make buckloads of Bitcoin!
sr. member
Activity: 252
Merit: 250
That's not reasonable at all, at the difficulty level now, you'd expect around $9.50, in about 6 1/2 days that'll drop, in 10-11 days that'll drop some more, and in 10-11 days that'll drop some more.

End result would be something around $8 if we use the extremely generous MtGox exchange rate.  If you think bitcoins are going to go up, then you should buy bitcoins, not give money away.


Well as of right now for all intent purposes just as you said $9.50 per GH/s -- Sure.  I'd still like to see another competitor who has rates that low.  I'm not opposed to dropping the value per GH/s if it's deemed necassary because of difficulty rising and hashing speeds rising as well.

It's already been purchased.  Awaiting delivery.. Had this planned out for a little while now.   Trying to keep it competitive and worthwhile to the community while at least maintaining my original investment capital.  Sure, there might be some fees down the road once we can establish the exact cost of electricity usage, bandwidth consumption, etc.. but this is primarily to stimulate BTCMiners.net pool and to spread diversity among some of the giant pools out there.

Hope I answered that sufficiently, but thanks for your input as well.
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