Cloudhashing ASIC mining contracts, UK LTD company - Now Mining & Paying Bitcoin - page 42.

elmismo

member

Activity: 101

Merit: 10

Quote from: TheQuin on October 23, 2013, 02:48:23 PM

Quote from: elmismo on October 23, 2013, 02:31:25 PM

Quote from: TheQuin on October 23, 2013, 01:34:17 PM

Quote from: elmismo on October 23, 2013, 01:24:08 PM

cloudhashing is making unfixable damage to the bitcoin business.

The damage is all on themselves. cex.io and others are proving that Bitcoin businesses can be honest and supply what they promise. Cloudhashing could have dealt honestly with their failure and refunded or compensated but chose to stall for time instead. The rest remains to be seen.

I mean facing out of bitcoin. People who is not involve on crypto currencies just hear from silk road, BFL and that kind of bad business or scams, or hacked computers and bitcoins stolen... that's what i mean.

And BTW cex.io aren't transparent either, I've asked them a couple questions and didn't answer at all.

I take your point about bad publicity generally, I was thinking more about within those already involved. You're right about that.

I don't want to derail the thread into cex.io issues but I'm interested. Everyone I spoke to that used them has been happy with them so far. You could PM me with details if you want or do it in another thread. I'd rather keep the focus here on trying to force CH be honest.

You are right, just sent you a PM!!

TheQuin

hero member

Activity: 2576

Merit: 883

Freebitco.in Support https://bit.ly/2I9BVS2

Quote from: elmismo on October 23, 2013, 02:31:25 PM

Quote from: TheQuin on October 23, 2013, 01:34:17 PM

Quote from: elmismo on October 23, 2013, 01:24:08 PM

cloudhashing is making unfixable damage to the bitcoin business.

The damage is all on themselves. cex.io and others are proving that Bitcoin businesses can be honest and supply what they promise. Cloudhashing could have dealt honestly with their failure and refunded or compensated but chose to stall for time instead. The rest remains to be seen.

I mean facing out of bitcoin. People who is not involve on crypto currencies just hear from silk road, BFL and that kind of bad business or scams, or hacked computers and bitcoins stolen... that's what i mean.

And BTW cex.io aren't transparent either, I've asked them a couple questions and didn't answer at all.

I take your point about bad publicity generally, I was thinking more about within those already involved. You're right about that.

I don't want to derail the thread into cex.io issues but I'm interested. Everyone I spoke to that used them has been happy with them so far. You could PM me with details if you want or do it in another thread. I'd rather keep the focus here on trying to force CH be honest.

elmismo

member

Activity: 101

Merit: 10

Quote from: TheQuin on October 23, 2013, 01:34:17 PM

Quote from: elmismo on October 23, 2013, 01:24:08 PM

cloudhashing is making unfixable damage to the bitcoin business.

The damage is all on themselves. cex.io and others are proving that Bitcoin businesses can be honest and supply what they promise. Cloudhashing could have dealt honestly with their failure and refunded or compensated but chose to stall for time instead. The rest remains to be seen.

I mean facing out of bitcoin. People who is not involve on crypto currencies just hear from silk road, BFL and that kind of bad business or scams, or hacked computers and bitcoins stolen... that's what i mean.

And BTW cex.io aren't transparent either, I've asked them a couple questions and didn't answer at all.

TheQuin

hero member

Activity: 2576

Merit: 883

Freebitco.in Support https://bit.ly/2I9BVS2

Quote from: elmismo on October 23, 2013, 01:24:08 PM

cloudhashing is making unfixable damage to the bitcoin business.

The damage is all on themselves. cex.io and others are proving that Bitcoin businesses can be honest and supply what they promise. Cloudhashing could have dealt honestly with their failure and refunded or compensated but chose to stall for time instead. The rest remains to be seen.

elmismo

member

Activity: 101

Merit: 10

Yep I got the same email, but not I'm sorry don't want to work with you any more. I'm waiting for answer of your customer service. At least I can say i'm lucky because I got an answer from support!!! Shocked

and you say that's service... ooohhh yeeahhh

cloudhashing is making unfixable damage to the bitcoin business.

TheQuin

hero member

Activity: 2576

Merit: 883

Freebitco.in Support https://bit.ly/2I9BVS2

Quote from: whonesta on October 23, 2013, 12:36:30 PM

Quote from: cloudhasher on October 23, 2013, 10:18:56 AM

Hi all

The pool will finally be launched tonight. We will be sending a newsletter to Cloudhashing customers only to give login details. Please also ensure you have valid wallets, and that you STILL have access to them.

We are sorry for the delay but rest assured the deployment of the pool will have ZERO effect on your returns. It has all been front end work that has taken the loin share of our time.

Kind regards

Right.. Right.. Right.. Zero effect eh, well that sounds scientific and almost provable, NOT! 100% on the 15th of October, he says that with an air of confidence, even though my GD contracts were SOLD to begin on the 26th of September, what affect does that have, well 27.19% and then 41.45% actually. TO BE CLEAR - the difficulty went up 68.64% in the time that September contracts were SOLD to begin and when he "claims" they began. So if my account gets a 68.64% increase in hashing power then the affect would be "ZERO", 60 GH/s * 1.6864 = 101.184 anything less is UNACCEPTABLE and I WANT A REFUND.

You are entitled to a refund under UK consumer law. They sold a contract and failed to deliver (deliver = 100% hash rate on the date of the contract.) It could not be clearer. Now for the love of god would one of you take them to court.

whonesta

sr. member

Activity: 379

Merit: 250

Quote from: cloudhasher on October 23, 2013, 10:18:56 AM

Hi all

The pool will finally be launched tonight. We will be sending a newsletter to Cloudhashing customers only to give login details. Please also ensure you have valid wallets, and that you STILL have access to them.

We are sorry for the delay but rest assured the deployment of the pool will have ZERO effect on your returns. It has all been front end work that has taken the loin share of our time.

Kind regards

Right.. Right.. Right.. Zero effect eh, well that sounds scientific and almost provable, NOT! 100% on the 15th of October, he says that with an air of confidence, even though my GD contracts were SOLD to begin on the 26th of September, what affect does that have, well 27.19% and then 41.45% actually. TO BE CLEAR - the difficulty went up 68.64% in the time that September contracts were SOLD to begin and when he "claims" they began. So if my account gets a 68.64% increase in hashing power then the affect would be "ZERO", 60 GH/s * 1.6864 = 101.184 anything less is UNACCEPTABLE and I WANT A REFUND.

TheQuin

hero member

Activity: 2576

Merit: 883

Freebitco.in Support https://bit.ly/2I9BVS2

Quote from: Stinky_Pete on October 23, 2013, 12:01:53 PM

Quote from: ZetaOS on October 23, 2013, 11:55:27 AM

I just received this email from Cloudhashing.

The new CloudHashing payment pool and login info will be released today with access to your earnings and setting up your payout profile. In the past we did automatic payouts every two weeks, this solution is geared towards providing them at a more regular interval but the development took a bit longer than we anticipated. All payouts owed are recorded in the system and will be available to users. We want to make sure your wallet address in the new system is up to date so we'll give you time to do that before processing any payouts.

We realize that the delays created a lot of concern, and since in our excitement we made timeline promises that are difficult to keep with development challenges in large projects like this, we want to let you know we are sorry about that. We'll be updating the Bitcoin mining profile page with info after we respond to all customer requests today who have been asking similar questions. Thanks for your business and patience with us here.

Kind Regards
Customer Support
- Team Cloud Hashing

I see - now Cloudhashing can avoid paying its customers by blaming those same customers for not having up-to-date addresses; again something the community can not verify.

How hard would it be to let you enter your own payout address and do a manual cashout like every other pool does? The consistent pattern of piss poor excuses is beyond a joke.

Stinky_Pete

hero member

Activity: 560

Merit: 500

Quote from: ZetaOS on October 23, 2013, 11:55:27 AM

I just received this email from Cloudhashing.

The new CloudHashing payment pool and login info will be released today with access to your earnings and setting up your payout profile. In the past we did automatic payouts every two weeks, this solution is geared towards providing them at a more regular interval but the development took a bit longer than we anticipated. All payouts owed are recorded in the system and will be available to users. We want to make sure your wallet address in the new system is up to date so we'll give you time to do that before processing any payouts.

We realize that the delays created a lot of concern, and since in our excitement we made timeline promises that are difficult to keep with development challenges in large projects like this, we want to let you know we are sorry about that. We'll be updating the Bitcoin mining profile page with info after we respond to all customer requests today who have been asking similar questions. Thanks for your business and patience with us here.

Kind Regards
Customer Support
- Team Cloud Hashing

I see - now Cloudhashing can avoid paying its customers by blaming those same customers for not having up-to-date addresses; again something the community can not verify.

ZetaOS

full member

Activity: 140

Merit: 100

I just received this email from Cloudhashing.

The new CloudHashing payment pool and login info will be released today with access to your earnings and setting up your payout profile. In the past we did automatic payouts every two weeks, this solution is geared towards providing them at a more regular interval but the development took a bit longer than we anticipated. All payouts owed are recorded in the system and will be available to users. We want to make sure your wallet address in the new system is up to date so we'll give you time to do that before processing any payouts.

We realize that the delays created a lot of concern, and since in our excitement we made timeline promises that are difficult to keep with development challenges in large projects like this, we want to let you know we are sorry about that. We'll be updating the Bitcoin mining profile page with info after we respond to all customer requests today who have been asking similar questions. Thanks for your business and patience with us here.

Kind Regards
Customer Support
- Team Cloud Hashing

MerchantMiner

newbie

Activity: 56

Merit: 0

doing the maths i cant see how people will be getting paid near the end of there contract , rewards will dwindle to near nothing as ive been testing with my own rig -60% on original rewards to what im getting today!
what will it be like in a few months well i wont be getting enough rewards to justify the electric cost , so how are they gonna pay the bills in over a years time when the machines cost a fortune to run and the rewards are next to nothing ,

its a loosing game this hashing it has no business model that actually works , for hobby miners like my self its fun and puts a small amount into my wallet thats doubled in value at east my ROI is about 70% so its fun and i intend to continue with the new Blue Fury miners . low watts and high Hash

i dont see cloud hash being around in a years time so a 2 year contract dosnt make sense to me not at 20Ghash for near £600 i can do better than that on ebay and buy a solar panel with a Raspberry Pi

serious guys who needs contracts like that use ya heads peeps

viper262

newbie

Activity: 19

Merit: 0

Quote from: cloudhasher on October 23, 2013, 10:18:56 AM

Hi all

The pool will finally be launched tonight. We will be sending a newsletter to Cloudhashing customers only to give login details. Please also ensure you have valid wallets, and that you STILL have access to them.

We are sorry for the delay but rest assured the deployment of the pool will have ZERO effect on your returns. It has all been front end work that has taken the loin share of our time.

Kind regards

Fingers crossed for sure. I'm assuming BST?

TheQuin

hero member

Activity: 2576

Merit: 883

Freebitco.in Support https://bit.ly/2I9BVS2

Well good luck guys, I really do hope he actually pulls a rabbit from the hat and you all get paid what you should. In the long run I think the way CH has handled this has already killed the companies reputation regardless. They should have done a long time ago what I said this morning >>>

Quote from: TheQuin on October 23, 2013, 01:22:30 AM

Three simple steps for Cloudhashing to prove it is not a scam:

1)   Issue immediate refunds to all that have requested them.

You have, by your own admission, failed to deliver what you contractually promised to. Under UK consumer law you are obliged to refund in full within 7 days if requested to. Any legitimate business would make complying with the law their number 1 priority.

2)   Pay income due on all contracts.

You have stopped paying July contracts and made no payment at all to others. Any legitimate business would make manual payments if they were having technical delays.

3)   Provide evidence of your mining operations.

Bitcoin is transparent and this would be easy to do. You have ignored previous requests to publish your mining IP address(es). You just make unproven claims of datacentres in 4 continents. A legitimate business would publish locations and addresses and probably have photographs on its website.

The lack of transparency and constantly ducking questions does not inspire any confidence. How many CH customers will buy further contracts and how many new customers will come forward when a company runs away from its responsibilities?

MerchantMiner

newbie

Activity: 56

Merit: 0

Quote from: cloudhasher on October 23, 2013, 10:18:56 AM

Hi all

The pool will finally be launched tonight. We will be sending a newsletter to Cloudhashing customers only to give login details. Please also ensure you have valid wallets, and that you STILL have access to them.

We are sorry for the delay but rest assured the deployment of (the pool will have ZERO effect on your returns). It has all been front end work that has taken the loin share of our time.

Kind regards

funny as it seams the pool has had a big impact on NO ONE getting there rewards from july contracts & september contracts ? at least not the rewards they PAID real cash for a contract???

BLAG BLAG BLAG , see what happens tonight then Huh

?

Marty19

hero member

Activity: 725

Merit: 500

Quote from: cloudhasher on October 23, 2013, 10:18:56 AM

Hi all

The pool will finally be launched tonight. We will be sending a newsletter to Cloudhashing customers only to give login details. Please also ensure you have valid wallets, and that you STILL have access to them.

We are sorry for the delay but rest assured the deployment of the pool will have ZERO effect on your returns. It has all been front end work that has taken the loin share of our time.

Kind regards

Fingers crossed ......

Stinky_Pete

hero member

Activity: 560

Merit: 500

Quote from: cloudhasher on October 23, 2013, 10:18:56 AM

Hi all

The pool will finally be launched tonight. We will be sending a newsletter to Cloudhashing customers only to give login details. Please also ensure you have valid wallets, and that you STILL have access to them.

We are sorry for the delay but rest assured the deployment of the pool will have ZERO effect on your returns. It has all been front end work that has taken the loin share of our time.

Kind regards

Another typical Cloudhashing post - promising something in the future, but no actual substance for now. How long is 'tonight', which timezone are they using?
Hoping to be proved wrong Sad

cloudhasher

sr. member

Activity: 280

Merit: 250

Taking bitcoin mining to everybody

Hi all

The pool will finally be launched tonight. We will be sending a newsletter to Cloudhashing customers only to give login details. Please also ensure you have valid wallets, and that you STILL have access to them.

We are sorry for the delay but rest assured the deployment of the pool will have ZERO effect on your returns. It has all been front end work that has taken the loin share of our time.

Kind regards

s1lverbox

legendary

Activity: 2324

Merit: 1039

Quote from: ZetaOS on October 23, 2013, 07:36:18 AM

^+1

ZetaOS- do u have your refund?

No.. :-(
I have send a lot of emails to this Cloudhashing, and made a refund request in my google-wallet.
Today i try to find out the postal address of Cloudhashing staff so i can send a real letter and there mobile number so i can Text and whatsapp them my paper route bike i use in the morning here in Amsterdam.

ZetaOS

Thats sucks dude, really. I think start by adding trust negative feedback on this forum for cloudhash account.

Then contact directly him on the forum, facebook and again by requesting refund through website.
As far as im aware google can fill claim or u can do it with your bank up to 6 month if paid by CC.

ZetaOS

full member

Activity: 140

Merit: 100

Quote from: s1lverbox on October 23, 2013, 03:09:20 AM

Quote from: TheQuin on October 23, 2013, 01:22:30 AM

Three simple steps for Cloudhashing to prove it is not a scam:

1)   Issue immediate refunds to all that have requested them.

You have, by your own admission, failed to deliver what you contractually promised to. Under UK consumer law you are obliged to refund in full within 7 days if requested to. Any legitimate business would make complying with the law their number 1 priority.

2)   Pay income due on all contracts.

You have stopped paying July contracts and made no payment at all to others. Any legitimate business would make manual payments if they were having technical delays.

3)   Provide evidence of your mining operations.

Bitcoin is transparent and this would be easy to do. You have ignored previous requests to publish your mining IP address(es). You just make unproven claims of datacentres in 4 continents. A legitimate business would publish locations and addresses and probably have photographs on its website.

^+1

ZetaOS- do u have your refund?

No.. :-(
I have send a lot of emails to this Cloudhashing, and made a refund request in my google-wallet.
Today i try to find out the postal address of Cloudhashing staff so i can send a real letter and there mobile number so i can Text and whatsapp them my paper route bike i use in the morning here in Amsterdam.

ZetaOS

MerchantMiner

newbie

Activity: 56

Merit: 0

Quote from: MerchantMiner on October 10, 2013, 08:39:43 AM

Quote from: MerchantMiner on October 10, 2013, 03:42:34 AM

Address: 145-157 St John Street,
London EC1V 4PW,
England United Kingdom
Phone: +44 (0) 207 193 HASH
We are fully incorporated under the Companies Act 2006 as a private company.
Company Number: 8418155, VAT registration number 17024124

Mining Status Update - 9th October 2013: We are stable at 30% mining capacity for september contracts (members, read more)

thats the joke of it all right there 30% should have been 100% when you purchased the contract or the contract should not have been made available for sale

under the sale of goods act UK

I hope you guys take them to the FUCKING CLEANERS

Part II Formation of the Contract
Contract of sale
2 Contract of sale.

(1)A contract of sale of goods is a contract by which the seller transfers or agrees to transfer the property in goods to the buyer for a money consideration, called the price.

(2)There may be a contract of sale between one part owner and another.

(3)A contract of sale may be absolute or conditional.

(4)Where under a contract of sale the property in the goods is transferred from the seller to the buyer the contract is called a sale.

(5)Where under a contract of sale the transfer of the property in the goods is to take place at a future time or subject to some condition later to be fulfilled the contract is called an agreement to sell.

(6)An agreement to sell becomes a sale when the time elapses or the conditions are fulfilled subject to which the property in the goods is to be transferred.

YOUR CONTRACT WITH CLOUDHASH WAS (ABSOLUTE)

Please understand that you are being ripped off and you all seam to really fully understand this , ive posted the correct details for you to pursue your own claims and to report this company to the Fraudsquad i will repost the links once i have more info on the process

my position hasnt changed and CH hasnt given anything to support there actions , they are a pyramid ponzi and its being played out infront of you , be proud of bringing this to an end and saving other people who proberly cant afford to loose money the heart ache of going though what we have

Topic: Cloudhashing ASIC mining contracts, UK LTD company - Now Mining & Paying Bitcoin - page 42. (Read 197380 times)