Cloud Hashing - page 4. | Bitcointalksearch.org

cloudhasher

sr. member

Activity: 280

Merit: 250

Taking bitcoin mining to everybody

Quote from: Bitcoinorama on June 15, 2013, 08:18:01 AM

Quote from: AEJK on June 14, 2013, 02:01:14 PM

Quote from: Bitcoinorama on June 14, 2013, 11:45:42 AM

Perhaps, they're based near the Lawyer's-ville part of the city, if they truly exist...

Address: 145-157 St John Street, London EC1V 4PW, England United Kingdom

Between Farringdon and Old St;

Address: 145-157 St John Street, London EC1V 4PW, England United Kingdom

I'll get you guys a picture of their location over the weekend! Wink

Don't bother bro.. 145-157 St John Street is where half of UK registered companies are; it's the best known P/O box, used to see it all the time as an accountant and have a company there myself (company no. 08500013)

As above, from another thread on this topic AEJK claims the address is nothing more than mail forwarding, which is in stark contrast to 'cloud hashings' claims.

On their site they claim to have a physical presence, an office, depicted by a giant red circle:

https://www.cloudhashing.com/contact

I'll swing past on my way back tomorrow morn. If there is nothing to assure they have a physical presence as claimed, then for all intense and purposes, they are out to scam!

We operate out of a virtual office. We never maintained the address posted was a physical address and if you read other posts would had seen we mentioned before it is a mail forwarding address.

Being a new tech startup in expensive London, renting an office space is not advisable nor fiscally prudent. And as we have always maintained , we are not desperate for anybody's business. If you are not happy we would gladly offer you a refund. We do not want unhappy customers. It seems this forum is hell bent on labelling anything that moves a scam.

Anyways if you wish to meet in London or talk over the phone, I would gladly personally accommodate you.

Kind regards

Bitcoinorama

hero member

Activity: 532

Merit: 500

Quote from: AEJK on June 14, 2013, 02:01:14 PM

Quote from: Bitcoinorama on June 14, 2013, 11:45:42 AM

Perhaps, they're based near the Lawyer's-ville part of the city, if they truly exist...

Address: 145-157 St John Street, London EC1V 4PW, England United Kingdom

Between Farringdon and Old St;

Address: 145-157 St John Street, London EC1V 4PW, England United Kingdom

I'll get you guys a picture of their location over the weekend! Wink

Don't bother bro.. 145-157 St John Street is where half of UK registered companies are; it's the best known P/O box, used to see it all the time as an accountant and have a company there myself (company no. 08500013)

As above, from another thread on this topic AEJK claims the address is nothing more than mail forwarding, which is in stark contrast to 'cloud hashings' claims.

On their site they claim to have a physical presence, an office, depicted by a giant red circle:

https://www.cloudhashing.com/contact

I'll swing past on my way back tomorrow morn. If there is nothing to assure they have a physical presence as claimed, then for all intense and purposes, they are out to scam!

DPoS

sr. member

Activity: 462

Merit: 250

Quote from: wachtwoord on June 15, 2013, 05:45:38 AM

Quote from: DPoS on June 14, 2013, 09:16:30 PM

Quote from: wachtwoord on June 14, 2013, 08:00:22 AM

Quote from: DPoS on June 14, 2013, 07:08:12 AM

You can't say BTC only goes up. That is reckless

Its set for a few major dips (just had one) the next 6 months

It's also not very relevant as I imagine most people choose between investing in mining or buying Bitcoin directly (or a combination) for a set amount. Therefore whether Bitcoin goes up isn't that important. In fact, wrt mining investments it's better if the price goes down as this will likely lead to a lower difficulty (or lower increase).

ain't that a bunch of bull you just wrote. wrt your logic, hopefully anything you want becomes worthless so you can have more of it

Nope, Bitcoin doesn't go down in value. It's the price (something completely different from the value) going down that will make the investment better. People always seem to confuse price and value

Glad you understand that, but you are believing market conditions are the only reason something goes down in price... The value can lead the price down too.

BTC value has gone up and down on its own in its history and sometimes it is on par with the ups and down of its price. For one example, the more people who accept BTC will increase its value but if less and less accept it, it will lose value. And BTC has many facets that affect both its value and price

wachtwoord

legendary

Activity: 2324

Merit: 1125

Quote from: DPoS on June 14, 2013, 09:16:30 PM

Quote from: wachtwoord on June 14, 2013, 08:00:22 AM

Quote from: DPoS on June 14, 2013, 07:08:12 AM

You can't say BTC only goes up. That is reckless

Its set for a few major dips (just had one) the next 6 months

It's also not very relevant as I imagine most people choose between investing in mining or buying Bitcoin directly (or a combination) for a set amount. Therefore whether Bitcoin goes up isn't that important. In fact, wrt mining investments it's better if the price goes down as this will likely lead to a lower difficulty (or lower increase).

ain't that a bunch of bull you just wrote. wrt your logic, hopefully anything you want becomes worthless so you can have more of it

Nope, Bitcoin doesn't go down in value. It's the price (something completely different from the value) going down that will make the investment better. People always seem to confuse price and value

DPoS

sr. member

Activity: 462

Merit: 250

Quote from: wachtwoord on June 14, 2013, 08:00:22 AM

Quote from: DPoS on June 14, 2013, 07:08:12 AM

You can't say BTC only goes up. That is reckless

Its set for a few major dips (just had one) the next 6 months

It's also not very relevant as I imagine most people choose between investing in mining or buying Bitcoin directly (or a combination) for a set amount. Therefore whether Bitcoin goes up isn't that important. In fact, wrt mining investments it's better if the price goes down as this will likely lead to a lower difficulty (or lower increase).

ain't that a bunch of bull you just wrote. wrt your logic, hopefully anything you want becomes worthless so you can have more of it

Bitcoinorama

hero member

Activity: 532

Merit: 500

I know this address;

145-157 St John Street, London EC1V 4PW, England United Kingdom.

I work right around the corner from it.

I'll get you a pic over the weekend.

atariguy

full member

Activity: 364

Merit: 100

Quote from: DPoS on June 14, 2013, 07:08:12 AM

You can't say BTC only goes up. That is reckless

Its set for a few major dips (just had one) the next 6 months

It's gone down in just the last few days.

wachtwoord

legendary

Activity: 2324

Merit: 1125

Quote from: DPoS on June 14, 2013, 07:08:12 AM

You can't say BTC only goes up. That is reckless

Its set for a few major dips (just had one) the next 6 months

It's also not very relevant as I imagine most people choose between investing in mining or buying Bitcoin directly (or a combination) for a set amount. Therefore whether Bitcoin goes up isn't that important. In fact, wrt mining investments it's better if the price goes down as this will likely lead to a lower difficulty (or lower increase).

DPoS

sr. member

Activity: 462

Merit: 250

You can't say BTC only goes up. That is reckless

Its set for a few major dips (just had one) the next 6 months

cloudhasher

sr. member

Activity: 280

Merit: 250

Taking bitcoin mining to everybody

Hi All

Just to weigh in on this. We have made a significant order for ASICs with KNC Miner.

This will take us well over 35 Terahash come September. You can check KNC out at www.kncminer.com. The second slide on ther home page show cloudhashing (us) being supplier by them.

In our recent newsletter to our existing clients, we let them know that we will be giving them an additional 25% hashrate increase for free. We basically did this as a reward for their support and custom.

We also announced we have partnered with bitminter to use his technology and pool to enable our clients to profit from namecoin and possibly other crypto currencies.

We believe our partnerships stand us on good steed for success for us and our clients.

An important point to make. The price of BTC will only go up so although the difficulty increases, we strongly believe our customers will stand to make a lot more than our conservative estimates state.

One thing we should have mentioned and we will change today on the site, our Silver , Gold and Platinum contracts benefit for our revenue reinvestment plan. This means we add more hardware for contract holders thus boozing hashrate. This increases profitabilty.

Kind regards

Emmanuel

P.s

Pardon any typos... Writing on my iPhone.

CoinHoarder

legendary

Activity: 1484

Merit: 1026

In Cryptocoins I Trust

Quote from: wachtwoord on June 12, 2013, 03:53:14 PM

If you don't trust them just pay by credit card and charge back if they don't deliver.

Disclosure: I bought 1 July contract. This won't make me rich but I imagine it's profitable.

Good luck with that...

Cloudhashing is using BFL hardware that they only just now pre-ordered (well.. OK, they ordered in Feb/March/April... something like that.)

There is no way that they actually get mining hardware in or before July, seeing as though how late their BFL pre-orders are.

TheSwede75

full member

Activity: 224

Merit: 100

If they were still offering the indefinite contracts I would be interested. Any of the ones listed for now? Nah, not worth it with diff increase, even over 2 years at 10 GH/s.

turtle83

sr. member

Activity: 322

Merit: 250

Supersonic

Quote from: atariguy on June 12, 2013, 04:33:06 PM

Well, I guess that's true, if you simply define cloud computing as distributed computing. What first comes to mind for me, however, is virtual machines such as Amazon Web Services, which would do quite poorly at mining.

Cloud is a meaningless marketing buzzword.

Mentally, whenever you see "cloud" replace it with "internet". And if more specific, replace "public cloud" with internet and "private cloud" with intranet. It will save you from a lot of confusion.

Experience: Works in "cloud" business.

Edit: https://github.com/panicsteve/cloud-to-butt <-- i use this extension to make boring buzzword spam more entertaining to read.

mgio

hero member

Activity: 546

Merit: 500

Quote from: Operatr on June 12, 2013, 03:48:44 PM

Ugh, you know I realized I am too tired to be thinking about this stuff too deeply, please disregard. My analysis of pricing is fundamentally incorrect I will admit.

My only real point was you cannot argue difficulty increase making mining not worth it without considering that the worth of Bitcoin can also increase/decrease along side it. If Bitcoin is worth let's say $1000 by next year, even mining a sliver of one would be worth it even at what would be perceived as insane difficulty by then.

Yes you can argue that, because the price of bitcoin is completely irrelevant. As an earlier poster said, if you are relying on bitcoin to appreciate, you would be better off just buying bitcoins directly. The price of bitcoin when purchasing mining gear is completely irrelevant. You should always think of your purchase as paying in bitcoin at the current rate, and returning bitcoin in the future.

atariguy

full member

Activity: 364

Merit: 100

Well, I guess that's true, if you simply define cloud computing as distributed computing. What first comes to mind for me, however, is virtual machines such as Amazon Web Services, which would do quite poorly at mining.

Operatr

hero member

Activity: 798

Merit: 1000

www.DonateMedia.org

Quote from: atariguy on June 12, 2013, 04:12:08 PM

Even the name of the company is wrong... "Cloud" computing and mining are not compatible at all.

And they admit they don't even have any mining equipment yet - it's on order for them just like it is for everyone else.

No offense, but you clearly have no idea what mining is, as mining quite literally is a cloud based system with several independent nodes acting in unison through the Internet

They are awaiting BFL gear I believe, so it might be a while Roll Eyes

atariguy

full member

Activity: 364

Merit: 100

Even the name of the company is wrong... "Cloud" computing and mining are not compatible at all.

And they admit they don't even have any mining equipment yet - it's on order for them just like it is for everyone else.

wachtwoord

legendary

Activity: 2324

Merit: 1125

Quote from: Dalkore on June 12, 2013, 03:58:55 PM

Quote from: wachtwoord on June 12, 2013, 03:53:14 PM

If you don't trust them just pay by credit card and charge back if they don't deliver.

Disclosure: I bought 1 July contract. This won't make me rich but I imagine it's profitable.

If you have the time; give us a report at the end of the year. It would be nice to get some data on this.

Sure. If I forget PM me

Dalkore

legendary

Activity: 1330

Merit: 1026

Mining since 2010 & Hosting since 2012

Quote from: wachtwoord on June 12, 2013, 03:53:14 PM

If you don't trust them just pay by credit card and charge back if they don't deliver.

Disclosure: I bought 1 July contract. This won't make me rich but I imagine it's profitable.

If you have the time; give us a report at the end of the year. It would be nice to get some data on this.

wachtwoord

legendary

Activity: 2324

Merit: 1125

If you don't trust them just pay by credit card and charge back if they don't deliver.

Disclosure: I bought 1 July contract. This won't make me rich but I imagine it's profitable.

Topic: Cloud Hashing - page 4. (Read 19501 times)