CloudHashing are there any plans to offer altcoin mining contracts
in the near, not so distant future??
Topic: Cloudhashing ASIC mining contracts, UK LTD company - Now Mining & Paying Bitcoin - page 12. (Read 197425 times)
January 07, 2014, 05:04:54 PM
January 07, 2014, 08:40:36 AM
cloudhashing is offering 15 usd per ghs thru rrp and is available til jan. 19. cex.io is at .043 per ghs, that is around 34 usd per ghs.
is it a good time to load up my rrp?
is it a good time to load up my rrp?
I made 0.01 in 36 days with 4.5 Ghs (5GHs less %10 of Reinvestment) and I made 0.01 in 10 days with 3.5Ghs with cex.io (plus the other coins). I don't know why...
really? this needs looking into. does anyone else get a higher return in cex.io compared to cloudhashing?
cloudhasher, can you please explain why this is the case?
Because this is knowledge that will only be ascertained after the fact...While I can accept that one mining operation may be more efficacious then another, it's really disturbing to see CloudHashing (with whom I have a contract) stepping on their dicks (a very apt metaphor from what I'm reading) and their Customer's faces at the same time.
There is either outright ineptitude in how contracts are setup/managed or the powers that shouldn't be at CloudHashing are absurdly greedy to the point of being self-destructive for a start-up.
My tiny 20GH/s two year contract is a case in point; there's no way the second year of this contract is going to produce anything for me and do anything but cost CloudHashing; multiply this by any number of Customers with the same contract and it becomes profound lunacy.
That no alternative is offered as we climb the wall of mining difficulty makes it pretty obvious that CloudHashing has only a rudimentary handle on accounting and mathematics no less sound business practice and is not in this for the long haul...
January 05, 2014, 07:57:45 AM
cloudhashing is offering 15 usd per ghs thru rrp and is available til jan. 19. cex.io is at .043 per ghs, that is around 34 usd per ghs.
is it a good time to load up my rrp?
I made 0.01 in 36 days with 4.5 Ghs (5GHs less %10 of Reinvestment) and I made 0.01 in 10 days with 3.5Ghs with cex.io (plus the other coins). I don't know why...is it a good time to load up my rrp?
really? this needs looking into. does anyone else get a higher return in cex.io compared to cloudhashing?
cloudhasher, can you please explain why this is the case?
January 05, 2014, 04:44:42 AM
cloudhashing is offering 15 usd per ghs thru rrp and is available til jan. 19. cex.io is at .043 per ghs, that is around 34 usd per ghs.
is it a good time to load up my rrp?
I made 0.01 in 36 days with 4.5 Ghs (5GHs less %10 of Reinvestment) and I made 0.01 in 10 days with 3.5Ghs with cex.io (plus the other coins). I don't know why... is it a good time to load up my rrp?
January 04, 2014, 11:21:36 PM
does cloudhashing only mine btc or other coins as well?
January 03, 2014, 09:34:42 PM
cloudhashing is offering 15 usd per ghs thru rrp and is available til jan. 19. cex.io is at .043 per ghs, that is around 34 usd per ghs.
is it a good time to load up my rrp?
is it a good time to load up my rrp?
January 02, 2014, 02:26:39 AM
To cloudhasher,
I too am very happy to be using your services, I agree that you have greatly improved your operations but I do have a question:
I really miss having my total number of mining power in the dashboard. I hate to have to sum up all my contracts for the total amount especially if you're always adding more contracts through the RRP Program. Would it be possible if you can add the total amount of Hashing Power back to the dashboard just like the old interface used to?
Thanks for your time
I too am very happy to be using your services, I agree that you have greatly improved your operations but I do have a question:
I really miss having my total number of mining power in the dashboard. I hate to have to sum up all my contracts for the total amount especially if you're always adding more contracts through the RRP Program. Would it be possible if you can add the total amount of Hashing Power back to the dashboard just like the old interface used to?
Thanks for your time
Crypto,
So you're saying that you want one place on the new dashboard that totals your current hashing power right? If so, I'll let our management know. I agree that that was cool on our previous dashboard. Please let me know if I have this right.
Michael
What you have stated is what is needed. The GHS was displayed easily to see. I have to add it up in order to know where I stand. Please return the GHS summary that showed the total amount of GHS for the user.
Thank You
Yes, that's right. It was a cool feature and would love to see that placed back on the dashboard. Thanks
December 31, 2013, 10:16:47 AM
To cloudhasher,
I too am very happy to be using your services, I agree that you have greatly improved your operations but I do have a question:
I really miss having my total number of mining power in the dashboard. I hate to have to sum up all my contracts for the total amount especially if you're always adding more contracts through the RRP Program. Would it be possible if you can add the total amount of Hashing Power back to the dashboard just like the old interface used to?
Thanks for your time
I too am very happy to be using your services, I agree that you have greatly improved your operations but I do have a question:
I really miss having my total number of mining power in the dashboard. I hate to have to sum up all my contracts for the total amount especially if you're always adding more contracts through the RRP Program. Would it be possible if you can add the total amount of Hashing Power back to the dashboard just like the old interface used to?
Thanks for your time
Crypto,
So you're saying that you want one place on the new dashboard that totals your current hashing power right? If so, I'll let our management know. I agree that that was cool on our previous dashboard. Please let me know if I have this right.
Michael
What you have stated is what is needed. The GHS was displayed easily to see. I have to add it up in order to know where I stand. Please return the GHS summary that showed the total amount of GHS for the user.
Thank You
December 30, 2013, 11:57:23 PM
To cloudhasher,
I too am very happy to be using your services, I agree that you have greatly improved your operations but I do have a question:
I really miss having my total number of mining power in the dashboard. I hate to have to sum up all my contracts for the total amount especially if you're always adding more contracts through the RRP Program. Would it be possible if you can add the total amount of Hashing Power back to the dashboard just like the old interface used to?
Thanks for your time
I too am very happy to be using your services, I agree that you have greatly improved your operations but I do have a question:
I really miss having my total number of mining power in the dashboard. I hate to have to sum up all my contracts for the total amount especially if you're always adding more contracts through the RRP Program. Would it be possible if you can add the total amount of Hashing Power back to the dashboard just like the old interface used to?
Thanks for your time
Crypto,
So you're saying that you want one place on the new dashboard that totals your current hashing power right? If so, I'll let our management know. I agree that that was cool on our previous dashboard. Please let me know if I have this right.
Michael
December 30, 2013, 04:18:12 AM
are we still mining? haven't received anything for the 29th.
December 29, 2013, 07:07:24 PM
To cloudhasher,
I too am very happy to be using your services, I agree that you have greatly improved your operations but I do have a question:
I really miss having my total number of mining power in the dashboard. I hate to have to sum up all my contracts for the total amount especially if you're always adding more contracts through the RRP Program. Would it be possible if you can add the total amount of Hashing Power back to the dashboard just like the old interface used to?
Thanks for your time
I too am very happy to be using your services, I agree that you have greatly improved your operations but I do have a question:
I really miss having my total number of mining power in the dashboard. I hate to have to sum up all my contracts for the total amount especially if you're always adding more contracts through the RRP Program. Would it be possible if you can add the total amount of Hashing Power back to the dashboard just like the old interface used to?
Thanks for your time
December 29, 2013, 10:57:42 AM
cloudhashing vs cex
I think cex is better value, you can get a GHs less expensively, you can redeem your own hardware miner, you can buy and sell your GHs instantaneously, and most of all, you get to decide how long or short you own the GHs. Cloudhashing is for the math-challenged, low -IQ folks.
I think cex is better value, you can get a GHs less expensively, you can redeem your own hardware miner, you can buy and sell your GHs instantaneously, and most of all, you get to decide how long or short you own the GHs. Cloudhashing is for the math-challenged, low -IQ folks.
James,
Your referral link kind of betrays your objectivity.
Michael
He's sure that cex is better, at least they have beneficts... and they give you what they promise... that is a big difference.
Specially after the huge price drop to 0.041BTC a GH/s
December 29, 2013, 02:30:39 AM
cloudhashing vs cex
I think cex is better value, you can get a GHs less expensively, you can redeem your own hardware miner, you can buy and sell your GHs instantaneously, and most of all, you get to decide how long or short you own the GHs. Cloudhashing is for the math-challenged, low -IQ folks.
I think cex is better value, you can get a GHs less expensively, you can redeem your own hardware miner, you can buy and sell your GHs instantaneously, and most of all, you get to decide how long or short you own the GHs. Cloudhashing is for the math-challenged, low -IQ folks.
James,
Your referral link kind of betrays your objectivity.
Michael
He's sure that cex is better, at least they have beneficts... and they give you what they promise... that is a big difference.
December 28, 2013, 07:51:07 AM
where can we see the blocks found by cloudhashing on a given day?
December 27, 2013, 12:29:35 AM
cloudhashing vs cex
I think cex is better value, you can get a GHs less expensively, you can redeem your own hardware miner, you can buy and sell your GHs instantaneously, and most of all, you get to decide how long or short you own the GHs. Cloudhashing is for the math-challenged, low -IQ folks.
I think cex is better value, you can get a GHs less expensively, you can redeem your own hardware miner, you can buy and sell your GHs instantaneously, and most of all, you get to decide how long or short you own the GHs. Cloudhashing is for the math-challenged, low -IQ folks.
James,
Your referral link kind of betrays your objectivity.
Michael
December 27, 2013, 12:17:37 AM
cloudhashing vs cex
I think cex is better value, you can get a GHs less expensively, you can redeem your own hardware miner, you can buy and sell your GHs instantaneously, and most of all, you get to decide how long or short you own the GHs. Cloudhashing is for the math-challenged, low -IQ folks.
I think cex is better value, you can get a GHs less expensively, you can redeem your own hardware miner, you can buy and sell your GHs instantaneously, and most of all, you get to decide how long or short you own the GHs. Cloudhashing is for the math-challenged, low -IQ folks.
December 26, 2013, 11:33:27 PM
Please keep the questions coming. We only get better as we receive feedback. We want each and every customer to fully understand how CloudHashing.com works, because we want you to trust in what we're doing. Even if someone chooses to do their own hardware mining, we want them to understand how we operate and what we offer so there is no confusion.
Michael
Michael
December 26, 2013, 09:46:02 PM
Shawshank,
Maybe I didn't do a good job of explaining. What I meant was that if the RRP lasted two years, it would make us have to raise the rates per Gigahash. For example, in January we have announced a $15 per Gigahash RRP. It would be higher if it lasted longer, and we don't think that our customers want to make that tradeoff.
On your second question, imagine that you buy a two-year contract and that the RRP expires at the two-year mark regarless of when you invest. That would effectively mean that you would only want to do RRP for the first few months of the two-year contract because who would do RRP at say the 16 month mark only to have it expire a few months later.
By making each RRP contract a separate contract altogether, it makes it easier for people to decide if and how they want to participate. It's completely voluntary one way or another.
If I am still not clear, please let me know and I'll try to explain it better.
Michael
Maybe I didn't do a good job of explaining. What I meant was that if the RRP lasted two years, it would make us have to raise the rates per Gigahash. For example, in January we have announced a $15 per Gigahash RRP. It would be higher if it lasted longer, and we don't think that our customers want to make that tradeoff.
On your second question, imagine that you buy a two-year contract and that the RRP expires at the two-year mark regarless of when you invest. That would effectively mean that you would only want to do RRP for the first few months of the two-year contract because who would do RRP at say the 16 month mark only to have it expire a few months later.
By making each RRP contract a separate contract altogether, it makes it easier for people to decide if and how they want to participate. It's completely voluntary one way or another.
If I am still not clear, please let me know and I'll try to explain it better.
Michael
Got it. Thanks for the clarification.
December 26, 2013, 09:15:47 PM
Quote
Can you please elaborate on these two justifications. I'm having a hard time understanding the reasoning behind making the RRP contracts expire after one year.
1. "because that would drive up the cost per Gigahash for RRP to a level that would make the program too expensive for our customers."
How does reinvesting revenues drive up the cost of hashing power? Why does it matter where the BTC comes from? Seems to me that it shouldn't matter if the BTC that are being used to purchase available hashing power are coming from the RRP or elsewhere. Is hashing power sold through RRP sold at a discount?
2. "Additionally, if we somehow tied the RRP contract to previous contracts, it would significantly lower our customers' RRP contract ROI each month as the deadline of the original contract approached."
I guess this is assuming #1 is true? I thought hashing power was getting cheaper per GH as new mining hardware comes to market.
1. "because that would drive up the cost per Gigahash for RRP to a level that would make the program too expensive for our customers."
How does reinvesting revenues drive up the cost of hashing power? Why does it matter where the BTC comes from? Seems to me that it shouldn't matter if the BTC that are being used to purchase available hashing power are coming from the RRP or elsewhere. Is hashing power sold through RRP sold at a discount?
2. "Additionally, if we somehow tied the RRP contract to previous contracts, it would significantly lower our customers' RRP contract ROI each month as the deadline of the original contract approached."
I guess this is assuming #1 is true? I thought hashing power was getting cheaper per GH as new mining hardware comes to market.
Shawshank,
Maybe I didn't do a good job of explaining. What I meant was that if the RRP lasted two years, it would make us have to raise the rates per Gigahash. For example, in January we have announced a $15 per Gigahash RRP. It would be higher if it lasted longer, and we don't think that our customers want to make that tradeoff.
On your second question, imagine that you buy a two-year contract and that the RRP expires at the two-year mark regarless of when you invest. That would effectively mean that you would only want to do RRP for the first few months of the two-year contract because who would do RRP at say the 16 month mark only to have it expire a few months later.
By making each RRP contract a separate contract altogether, it makes it easier for people to decide if and how they want to participate. It's completely voluntary one way or another.
If I am still not clear, please let me know and I'll try to explain it better.
Michael
December 26, 2013, 12:07:41 PM
On the RRP:
The Revenue Reinvestment Program has always added an additional one-year reinvestment contract to your account. Each monthly RRP contract is a new 12-month contract not tied to any existing contract's expiration date. This means that even if you use the RRP in the very last month of your initial contract, your new RRP contract will not expire a month later, but it will continue for the full year following, even after your original contract has long expired. We cannot extend RRP's contracts beyond one year because that would drive up the cost per Gigahash for RRP to a level that would make the program too expensive for our customers. Additionally, if we somehow tied the RRP contract to previous contracts, it would significantly lower our customers' RRP contract ROI each month as the deadline of the original contract approached.
Based on our customers' feedback, we regret not being as clear about this as we would have liked, but please know that we are committed to our customers by always keeping our unique RRP program as affordable and beneficial as we possibly can.
Michael
The Revenue Reinvestment Program has always added an additional one-year reinvestment contract to your account. Each monthly RRP contract is a new 12-month contract not tied to any existing contract's expiration date. This means that even if you use the RRP in the very last month of your initial contract, your new RRP contract will not expire a month later, but it will continue for the full year following, even after your original contract has long expired. We cannot extend RRP's contracts beyond one year because that would drive up the cost per Gigahash for RRP to a level that would make the program too expensive for our customers. Additionally, if we somehow tied the RRP contract to previous contracts, it would significantly lower our customers' RRP contract ROI each month as the deadline of the original contract approached.
Based on our customers' feedback, we regret not being as clear about this as we would have liked, but please know that we are committed to our customers by always keeping our unique RRP program as affordable and beneficial as we possibly can.
Michael
Can you please elaborate on these two justifications. I'm having a hard time understanding the reasoning behind making the RRP contracts expire after one year.
1. "because that would drive up the cost per Gigahash for RRP to a level that would make the program too expensive for our customers."
How does reinvesting revenues drive up the cost of hashing power? Why does it matter where the BTC comes from? Seems to me that it shouldn't matter if the BTC that are being used to purchase available hashing power are coming from the RRP or elsewhere. Is hashing power sold through RRP sold at a discount?
2. "Additionally, if we somehow tied the RRP contract to previous contracts, it would significantly lower our customers' RRP contract ROI each month as the deadline of the original contract approached."
I guess this is assuming #1 is true? I thought hashing power was getting cheaper per GH as new mining hardware comes to market.
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