I got an email, it's says they are mining already
, cloudhasher, where can I saw this? in my dashboard it's not present yet.
They say 1 week until new dashboard
Hold your horses. They are mining with only 10% of the purchased capacity with no indication when the rest will come online.
And they say you can switch to a September contract with more hashing power but not under what conditions and how much more hashing power. Also you have until August 1st to decide. Erm wait,
based on what exactly I make that decision?Great question !!! I agree with you... smoke in our eyes....
The behaviour of CH is not clear....
The only thing is clear watching the twitter channel is that they are trying to convince to convert contracts, from indefinite to 2 years shifting people to september....
Perhaps we should has been more clear.
If you switch to a September contract, it works like this.
Whatever you spent on your July contract is directly transferable to a September contract. Overall a September contract per dollar gives 2 to 4 times the hashing power.
E.g.
5 ghash July = 20 Gigahash September.
We no longer offer indefinite contracts. Giving then up for a higher hashrate September contract is solely at the discretion of the customer.
Hopefully that clears it up.
Cheers
Thanks for clarifying.
So:
1. If I upgrade my 1.25 Ghash July 1 year contract (1.25 because I received a 25% bonus), I will get a 5 Ghash September contract? Is that correct?
2. September contracts will start anywhere in September right (it could be September 30th?)
3. If I stick with the July contract, mining at 10% now, when do you think this will have reached 100%?
Thanks!
1. If I upgrade my 1.25 Ghash July 1 year contract (1.25 because I received a 25% bonus), I will get a 5 Ghash September contract? Is that correct?
You can only use the non-bonus part. So what you will actually get is a silver contract at 4ghash/s
2. September contracts will start anywhere in September right (it could be September 30th?)
According to KNC. It will most certainly be September. We share their confidence of that based on current project milestones.
3. If I stick with the July contract, mining at 10% now, when do you think this will have reached 100%?
Worst case we reckon is by September contracts start. That means for BFL not to deliver and we use KNC September hardware for July contracts. We have ample reserves.