Topic: Cloudhashing ASIC mining contracts, UK LTD company - Now Mining & Paying Bitcoin - page 77. (Read 197380 times)

Dude patience you will get an answer.
An upgrade will not be perpetual.

Now hasing as in...If I send you $1000 to hash @ 20Ghps for 2 years I start yielding benefits immediately?

absolutely! support bitminter!

edit: just had a Ding! Ding! again =D

CloudHasing needs a back-up pool like we all do, but I agree with Streetuff.
Has soon as BitMinter is available again you should switch back over.

I really like this pool!!

still not mining at bitminter. i didnt pay money for you to mine at other pools.
i wanted to support dr. haribo with your hashrate...

i got an indefinite july account from you...

Hi, I just put a case on your page, but I didn't get the answer, after I upgrade my perpetual contract, my hasrate will be x4, but it will continue has perpetual?

Bitminter was down temporarily so our systems defaults to BTC Guild. We will be returning to bitminter shortly.

Panic not :-)

What happened to your ~500GH/s mining at Bitminter. You are not visible in the stats anymore...

Mining Payout Schedule
USD
Display Currency

Break Even Period:   No break-even in first year   Total Fixed Costs:   $150
Max Profit:   $   Monthly Power Costs:   $0
Month   Difficulty (MM)   Time per
Block (days)   Monthly Revenue   Monthly
Profit   Cumulative
Return
Aug-13   51   20139   $4   $4   $(146)
Sep-13   82   32626   $2   $2   $(144)
Oct-13   133   52854   $1   $1   $(143)
Nov-13   215   85623   $1   $1   $(142)
Dec-13   349   138710   $1   $1   $(141)
Jan-14   565   224710   $0   $0   $(141)
Feb-14   915   364030   $0   $0   $(141)
Mar-14   1483   589728   $0   $0   $(141)
Apr-14   2402   955360   $0   $0   $(140)
May-14   3892   1547682   $0   $0   $(140)
Jun-14   6305   2507246   $0   $0   $(140)
Jul-14   10213 4061738   $0   $0   $(140)



Then add in your potential earnings after September at the 1GH/S level

Mining Payout Schedule
USD
Display Currency

Break Even Period:   No break-even in first year   Total Fixed Costs:   $150
Max Profit:   $   Monthly Power Costs:   $0 Month   Difficulty (MM)   Time per
Block (days)   Monthly Revenue   Monthly Profit   Cumulative
Return
Sep-13   82              3263   $23   $23   $(127)
Oct-13   133              5285   $14   $14   $(113)
Nov-13   215              8562   $9   $9   $(105)
Dec-13   349            13871   $5   $5   $(99)
Jan-14   565            22471   $3   $3   $(96)
Feb-14   915            36403   $2   $2   $(94)
Mar-14   1483            58973   $1   $1   $(93)
Apr-14   2402            95536   $1   $1   $(92)
May-14   3892           154768   $0   $0   $(91)
Jun-14   6305           250725   $0   $0   $(91)
Jul-14   10213   406174   $0   $0   $(91)
Aug-14   16546   658002   $0   $0   $(91)


So instead put in your hashing rates for the trade-in of 4 GH/S


Break Even Period:   98 days   Total Fixed Costs:   $150
Max Profit:   $39.7 (Aug-14) - 26.5%   Monthly Power Costs:   $0
Month   Difficulty (MM)   Time per  Block (days)   Monthly Revenue   Monthly
Profit   Cumulative
Return
Sep-13   82             1020   $73   $73   $(77)
Oct-13   133             1652   $45   $45   $(32)
Nov-13   215             2676   $28   $28   $(4)
Dec-13   349             4335   $17   $17   $13
Jan-14   565             7022   $11   $11   $23
Feb-14   915           11376   $7   $7   $30
Mar-14   1483           18429   $4   $4   $34
Apr-14   2402           29855   $2   $2   $36
May-14   3892           48365   $2   $2   $38
Jun-14   6305           78351   $1   $1   $39
Jul-14   10213   126929   $1   $1   $39
Aug-14   16546   205625   $0   $0   $40

At this point I'm really feeling like "what was I thinking?"

Everything is cleared up for me now. I have all the data to make an informed decision (which I'll do when I've had time to study the numbers). Thank you both for the info and the choice between the two upgrade options

Apologies, forums aren't best for these. :-)

If you have a 1 year, we can either convert to 2 bronze contracts or 1 silver. Hope that clears things up.

You can see why we prefer to deal with emails...

We would be able to accommodate that.

Forums are not the best place for customer queries as things can get a little haywire with the attempt to answer each query with the quality response it deserves. If you have a query please use the preferred channel which is email.

Regards

to cloudhasher  While still quite frustrated by all of this. I would prefer a refund today over anything else. I purchased a 6gh contract that was due to go to 7.5gh in sept.  

you have it listed as 5gh july contract. you mentioned it was a bug in the website and that it would be fixed.  So why have you not listed my contract correctly?

   Next question is to july contract owners. Did anyone buy a 1gh plus 5gh = 6gh contract/ due to go to 7.5gh in sept. If anyone has please post your details.

 If you want to be private  please send me a pm. I want to see if your contract is the same as mine.  


Also at least you have some hash but you realize that your conversion offer punishes those that jumped in early. I spent 700 usd plus fees .

 A person today can spend 500 usd and buy a gold 2 year 8gh for 500 and buy a bronze 1 year 2gh for  150  that is 650   .  He takes less risk since you are hashing now and  he spends less money.

he gets more hash. I took risk gave you money in early june if I convert  I should get a better deal then dollar for dollar. plain and simple  you have had my money since june 10th .  

so the new guy gets a free ride on my back.

 I would convert but my 700 dollar july  should convert to the 20gh platinum which would be 952 for the new buyer.  .

Thanks a lot! I send the email.

Regarding the alternative offer: I have 1 July 1 year contract. Did you just gave me the option to choose between 1 silver (4 Ghash) contract with reinvestment or 2 bronze (2 Ghash) contracts without reinvestment? (I'm asking again because you said July indefinite contracts)

1) All our Knc orders are day 1.

2) I very much doubt your ordering from BFL would had gotten you what you stated.

Please refer to the email

We will kindly respond to your customer support questions (specific to your account) via email.

Sure,

Send an email to info and I will send you a spreadsheet.

There is also the option of going for a bronze contract with no revenue reinvestment. We will give you 2 bronze contracts for your one July indefinite.

Feeling Strongly Mislead here - So I keep putting off my hardware hashing for the promise of greater hardware hashing - in other words I can refuse my 1.25 GH/S now to recieve 4 GH/S in September - what is the promise or guarantee that I will get that said rate?  Will that then make my fixed cost 1 year contract a September to September 1 year 4 GH/S contract?  I sent a letter to your support staff informing of my strong dislike of this decision.  I thought the goal with my 300 dollars was to buy hashing services that would begin around week 2 in july.  Had I spent that same measly 300 dollars into BFL at that point in time, I would likely receive my 5 GH/S Jalapeno by the end of the September Date (reading up on KNC, unless you guys were day 1 pre-orders, you aren't getting hashpower until October)

Thanks for patiently answering my questions.

What I meant with the third question is that I'm investing in hardware that I won't be using for the full period of a year. The hashing power purchased with my last investment I won't even use at all. I find it hard to believe this to be more profitable than simply releasing the 30% to my account. (I understand the usefulness for indefinite contracts of course).

Could you share these numbers?

1) This 30% will indeed make my 4Ghash increase during the year correct?

Correct

2) I have no way of valuing the 30% investment, why are you so certain this works out as a a higher payout?

You will see the additional hashing power on your dashboard monthly.

3) This is a fixed term contract. What is the advantage to me of reinvesting 30% in the last month? How about the second to last month?

We have ran the numbers and you would actually end up with 3 times the hashing power you started with. This helps reduce(to a great extent) the effect of the difficulty rise to some extent.