Topic: Cloud Hashing - page 2. (Read 19501 times)

That's pretty much it, as well as the fact that Terrahash are; "viewing their (Cloudhashing's) allegations in the Coindesk article as Libel/Slander, and are contemplating legal action against them on the basis of that article"...

This is 'Captain Emi's' Facebook page; https://www.facebook.com/Captemmy he looks young, and I have to give it to him he creates (or knows where to pay for) a slick website (template) and at 1,000+ Facebook Fans a pretty good effort at marketing (he appears to focus on Facebook), but his business ethics have been his downfall, it's a shame to see talent wasted. I hope he learns from this, as I keep stating to Cloud Hashing, integrity is everything...!

https://www.facebook.com/cloudhashing

2,000 customers though, ouch, that's a lot of people not getting anything currently despite being promised by this date, and that are about to not got get anything like what they've been told they will in future...

I wouldn't blame KnC for advertising Cloudhashing. At the end of the day, re-selling their products by x5 to x7 is not "illegal", I call this a SCAM because they mislead ignorant people with impossible fairy-tale projections that won't happen, and that's very bad IMO because they profit tricking uninformed folks.

I guess Cloudhashing wouldn't be condemned by a judge, Bitcoin is really scammer's paradise at this stage... The truth is there's really no definitive way to project mining returns, so you can just throw up any number and get away with it, as Cloudhashing is doing. And at the end of the day if Cloudhashing relly buys 100 Jupiters and request to KnC to advertise them, I think it's normal they do...

That said, I'm glad KnC is not advertising cloudhashing any more. That seems to me a very good demonstration of principles and business ethics, like saying: OK, here you have my product, do whatever you want with it, but I won't support a venture that tricks people to invest by using FALSE and IMPOSSIBLE projections on return.

No, but it seemed weird advertising on a resale of their products by 5x

I'm sure "Cloudhashing" can get us out of doubt

has anyone noticed KnC has removed the CloudHashing advertisement...

does this mean KnC aren't supplying them anymore?

FYI; https://bitcointalksearch.org/topic/off-topic-198489

What's worse is the reason Terrahash opened for pre-orders despite promising not to take a cent up until they have units in stock. Their hand was forced because 10,000, of their 20,000 chip order (paid for) was for an order agreed by none other than Cloud Hashing!!

Get this, Cloud Hashing jump ship after KnC are proved more legitimate and demand their $80,000 back from Terrahash. The order was $110,000 in value, but $80k was needed up front to secure the chips from Avalon that Terrahash went and did.

This left Terrahash $80k out of pocket despite securing premises to assemble and further parts etc. for Cloud Hashing's order.

This forced Terrahash to demand pre-orders, something they promised not to, but had to or face bankruptcy before starting.

The community saved Terrahash because Cloud Hashing has no integrity!

http://www.coindesk.com/terrahash-opens-asic-mining-preorders-loses-business/

Led to believe you would get the equipment before June. BS, you always knew the deal with Avalon could be delayed as BitSyncom sorted their shit out, but you were happy to jump on board until KnC started looking more legit, then you left Terrahash high and dry whilst making a similar order for something with delivery in September...not June?!

Now, get this it appears Cloud Hashing want back in since Terrahash have had to order another 20k chips to satisfy demand; https://bitcointalksearch.org/topic/m.2527527 presumably ahead of the pre-orderers that just saved Terrahash from going under!!

After this, no one should be doing any business with you period, that's just common sense. Integrity is everything!

And if KnC is even 3 months late in delivery, you'll never break even.

Also, KnCMiner's cheapest advertised unit is nearly $4,000.

(As others have said whilst I was typing), same place that cloudhashing do, KNC Miner.

If you can't afford a full unit, join a group buy like this one...

https://bitcointalksearch.org/topic/open-confirmedpaid-usa-no-vat-knc-neptune3-25-btc-17-shares-60-ghs-233624

10 GH will cost you 2BTC ~ $216

(No connection to/in that group buy myself, just first one I saw, there are others)

Right, like I said... 

www.kncminer.com (the provider of cloudhashing BTW) -> $200 x 10GH/s

And they plan to deliver in September, which is the date in which Cloudhashing is planning to start mining (because I already said they are buying their units to KnCminer, right?)

Where do you get even 10 GH/s for $300 without having it be worthless by the time you get it?

Yes, cloudhashing are greedy scammers

This is basically a scam.  Charging 949 for 10 Ghs is hilarious.  Buy a miner that is faster for ~300 $.

Disclaimer: I do not know any of the cloudhashing guys and I am not accusing them of scam or not.
but here are some numbers with some assumptions that I made.
Assuming difficulty is up %20 per month
Assuming the 10GH contract
I have used the average difficulty over the next two years which would be around 310million.
The net income over two years would be around -197 USD if the value of bitcoin stays the same, which is highly unlikely.

No, because we expose you as the filthy scammers you are.

Show us your business plan, come on. Or do you want people to invest in your contracts and believe they will get 50BTC from 10GH/s deployed in September (LOL) base on what, your word? NO. Investors look at the numbers. Show us your business plan so we can finally understand what is your über-genius plan that will enable you to squeeze 50BTC in 12 months from 10GH/s deployed in September, only by reinvesting 30% of the profit in more hardware.

And do not embarass yourself like in the other thread, were you presented your ridiculous calculations made at the current difficulty and considering no increase in difficulty whatsoever in one year. That was genius, man.

AGAIN: Show - me - the - fucking - numbers.

Sure send an email to info with your order number and it will be processed.

We don't do customer support on this forum.

Kind regards

hi cloudhash. i bought a 2 ghash/s - 1 year contract months ago for july batch for 300 usd, believing this investment would bring me around 10 btc   your monthly news update states that may, june and july batch will start hashing this june.  knowing now that the mining hardware are yet to be delivered, i'm losing hope that this investment will be valueable, and at the same time i don't want to be called a fool or dumb, hence i want to refund my investment.  please guide me on how to file for the refund.  many thanks, although i'll be pulling out my investment, i hope your company will do good to you and other investors.  looking forward for your prompt reply.

A fool and his money is soon to be parted.

You are either a shill or a sockpuppet. This is hard math. The returns cloudhashing are advertising are impossible to achieve.

Wake up.

you must be so much fun at parties