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Topic: Cloudhashing ASIC mining contracts, UK LTD company - Now Mining & Paying Bitcoin - page 70. (Read 197313 times)

full member
Activity: 236
Merit: 100
OMG, You are such a Fucking KissAss, Get a real Life Ahole...
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
a little competition won't hurt guys. CH's 100 terrahash machines are coming.
full member
Activity: 236
Merit: 100
You really need to wipe that brown crap off your lips tokeweed, I think its killing your brain cells....
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
CH will pull it off and get 110 terrahashes running. they hired the finest engineers and are working side by side with experienced btc miners.  they will pull it off. and you think i am supporting CH for some profit?  i just want to see the 'impossible' and see for myself what 110 terrahashes looks like in the stat page of btminter!  and yes, also to piss off companies like yours.

cmon CH!  get 110 terrahashes up!  make it more difficult for coinhoarder's crew!  we are better than those bozos!
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
Yea... get back to me when those 110 Th are up and running.  Roll Eyes

With Avalon chips, 110 Th is about 970,000 watts of electricity, requiring 3,307,700 BTUs with perfect HVAC efficiency. No cooling setup is perfectly efficient, so assume 15-25% more BTUs will be needed on a hot summer day. That makes 3,803,855 BTUs using the more efficient number of 85% efficiency on a hot day.

A 50 Ton A/C on 3 phase 460v electricity requires about 23,000 watts of power (Amps x Volts = Watts.) So, 145,820 watts of HVAC needed.

3,802,855 BTUs = 317 Tons of cooling needed. A 50 ton unit is about $29,656.78 with installation (I couldn't find a price for a 300+ ton unit... those are so big and hardly anyone orders them except for large office buildings, so you'd probably have to call to get the costs.) I estimate about... $188,023 in HVAC needed for installation & parts. This would need about 418,314 watts to run 24x7.

In summary,
~$188,023 worth of HVAC
~1,388,314 watts of electricity = $5000/day @.15/KWh

....

My numbers are probably off a bit, but I think they are close as far as a quick guesstimate goes. Also, you have to get Avalon to actually deliver the damn chips... that's the hard part. Oh my I forgot about assembly... oh well, you get the point. Again, good luck with that.  Roll Eyes

And LOL @ you comparing my group buy services with Cloudhashing's services. I am actually offended by that, our services are not even comparable. Cloudhashing charges $1000 for 20 Gh, when in comparison I allow investors to buy hardware at cost, so $1000 would get you around 64 Gh (a lot more with the more recent better $ per Gh offers) and a small 3% fee. But, let's keep this thread on topic... this is not about me, it is about Cloudhashing.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
it might be best for emmanuel not to answer and just deploy the 100 terrahash machinezzzz. i don't know how CH can pull this off but it's brilliant if they do.

i understand that some pro miners here keep posting CH as a scam because they are going to get difficulty way way higher once more and more people buy mining contracts from CH.

it might be best for these miners to...  nvm.

This has nothing to do about protecting my share of the network hash rate (which is very small.)

I hate to see people get scammed and lose money, but I can tell you're not the brightest crayon in the box, so go ahead and do what you want with your money.

sure.  hypocrite.

on another note...  110 terrahashes coming up!
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
it might be best for emmanuel not to answer and just deploy the 100 terrahash machinezzzz. i don't know how CH can pull this off but it's brilliant if they do.

i understand that some pro miners here keep posting CH as a scam because they are going to get difficulty way way higher once more and more people buy mining contracts from CH.

it might be best for these miners to...  nvm.

This has nothing to do about protecting my share of the network hash rate (which is very small.)

I hate to see people get scammed and lose money, but I can tell you're not the brightest crayon in the box, so go ahead and do what you want with your money.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
it might be best for emmanuel not to answer and just deploy the 100 terrahash machinezzzz. i don't know how CH can pull this off but it's brilliant if they do.

i understand that some pro miners here keep posting CH as a scam because they are going to get difficulty way way higher once more and more people buy mining contracts from CH.

it might be best for these miners to...  nvm.
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
So let me get this right:

You have ordered 4 machines in total that cost about $120k.

They produce a total of 6T/Hash (allegedly).

You are selling 5 G/Hash indefinitely for $1k each.

In total therefore you are asking up to $1m for something you paid $120k for.

These machines don't even exist and have never even been proven to have existed.

Quite brilliant - well done!

Exactly... even if he is not a "scammer" in the true sense of the word (which I'm not fully convinced he isn't yet), he is still a scammer for his price gouging.

Taking money from innocent newbies that don't realize they are paying way too much per Gh AND they will get the hardware AFTER almost everyone else that already has preordered when the difficulty is sky high. On top of that, he is pushing the fact that BFL will have these out by June... anyone that knows anything about BFL knows that is not going to happen.

No one is going to make any money on this other than cloudhashing themselves.

I stand by my previous assessment. I told you 4 months ago BFL was not going to ship when you were expecting them to. This should not be a surprise to you.

Also, where are you sourcing 110 Th in September? Avalon chips?  Roll Eyes

Oh jeez... don't get me started..
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'


My investment was 7.2btc

My payments so far :

 Aug  6th   .106 BTC
 Aug 20th  .172 BTC     total of .278 BTC    looking forward to sept. 3rd payment
sr. member
Activity: 280
Merit: 250
Taking bitcoin mining to everybody
Hi Guys

Another day another bitcoin. If you possess a July contract, you should have all received your bitcoins. This payout overall was 62% greater than the last (2 weeks ago). Again we took no management fee. I haven’t been on the forums much recently as I am still working to secure more rigs as my service to you with BFL delays still causing a disruption.

GOOD NEWS

We will be adding another 620 gigahashes this weekend. This should bring us up and above the 1.7 terahash mark. We had a few issues in the last 2 weeks with one of the BFL minirigs overheating. Seems like one of the cards was playing up but BFL will be sorting that out within the next couple of days. Overall we are down 80 to 100ghash right now because of it. We also had overall 10 to 12 hours of downtime as the network was down at the Colo.
Overall things are moving full steam ahead.

110 Terahash mine

As I mentioned previously, in September we will be ramping up by adding 110 terahashes to our inventory. This has all been made possible through careful planning and fiscal prudence. We have ZERO venture funding and have done all this thanks to our customers and staff. We expect this mine to be fully operational between the 19th and 26th of September.

Why not offer a bond?

Simple, it is a legal ticking time bomb. The unregulated securities market has mass appeal but an uncertain future. We chose the model we feel offers both our customer and ourselves a better chance of success in light of the tough regulatory battles that may surface in the near future.

Payments

We have ironed out a lot of issues with the payments processing to you. There is still room for improvement but these things as I previously mentioned are evolutionary. We had very few issues this time around.

Right am off to get something to eat. Cheers

Emmanuel

P.s. forgive spelling mistakes; sleep is a valuable commodity these days.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
nope. not yet. still waiting. there could be a delay since emmanuel hasn't been saying anything.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
still waiting for a payout . anyone get one?
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
cant wait to see that we indeed have 110 terra hashes.
full member
Activity: 198
Merit: 100
Waiting eagerly for payout today Cheesy  I'm interested to see what the difficulty jump did to the jump in hashing power.
sr. member
Activity: 280
Merit: 250
Taking bitcoin mining to everybody
wait. 110 terrahashes???  does that mean we'll waaay be ahead on everyone else?

We will certainly try. We aim to maintain a consistent percentage of the network on behalf of our customers.

We plan to never exceed 20%. 110 Terahash is our first big step. More to follow.

Emmanuel
sr. member
Activity: 280
Merit: 250
Taking bitcoin mining to everybody
tues will be new earnings  waiting to post my payments for the july contract . 

110th is a lot of  hash power.  It would be nice to see it come.

Ohhh it's coming
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
tues will be new earnings  waiting to post my payments for the july contract . 

110th is a lot of  hash power.  It would be nice to see it come.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
wait. 110 terrahashes???  does that mean we'll waaay be ahead on everyone else?
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