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Topic: Cloudhashing ASIC mining contracts, UK LTD company - Now Mining & Paying Bitcoin - page 87. (Read 197438 times)

sr. member
Activity: 462
Merit: 250
So you spent close to £60k and you haven't got a product yet so you are selling contracts to hedge your exposure now.

Quite why anyone would buy contracts for something not shipped yet is beyond me.
legendary
Activity: 1974
Merit: 1003
still BFL is nothing but a dream atm ...
sr. member
Activity: 280
Merit: 250
Taking bitcoin mining to everybody
legendary
Activity: 1974
Merit: 1003
let us know when u have something to offer ... not plans
jml
full member
Activity: 238
Merit: 100
We in total have 4 mini rigs on order with BFL (I admit I wish we ordered sooner).

What are your fault tolerance policies if a minirig failed? I assume that one minirig could hash at a rate of 1500GH/s (as per BFL's advertising) and assuming that 1GH equates to a minimum of one contract per GH, then 1500 contracts would be affected.

BFL have not issued the specifications of the minirig and I am assuming it has no fault tolerant hardware or High Availability hardware either; such as hot swappable PSU's or ASIC racks if there was a failure within the minirig. If this was the case, perhaps you should look into a fail over cluster to deliver the hashing capacity as promised by your contracts.
yxt
legendary
Activity: 3528
Merit: 1116
BFL ... sorry but you are fucked
sr. member
Activity: 280
Merit: 250
Taking bitcoin mining to everybody
Quote
Also, you speak broken English... it is not even your first language is it? Where are you really from? "With your standing n this community, you should as I would expect be more diligent."

I am English / British. I am not immune from grammatical or typographical errors.
Even if English is not my first language, I don't see how that has anything to do with the discussion at hand.
I'll assume its not a racially motivated comment.

Quote

Sure I have sent proof to another "HERO" member aka "Deprived" as he was reasonable enough to find out facts. Follow the discussion there.

Have a great day.
sr. member
Activity: 280
Merit: 250
Taking bitcoin mining to everybody
Sure,

Head over to https://bitcointalksearch.org/topic/is-cloudhashingcom-a-scam-163741

Sent confirmation over to another Hero member.

It does help when people are reasonable. Proof supplied to him. Supplied 2 hero members details so far.

Thanks and have a good day.
donator
Activity: 294
Merit: 250
Hi,

Again no research or will to read.

I actually started selling contracts as low as 10 dollars for much smaller server power. Those sold really well. It is difficult to manage many customers with mini payments than a smaller pool of larger payments.

So prices went up and its working for me.

If you want proof then pm or ask. Not just run your mouth without a clue of what you are talking about. I appreciate the history of such services but your way of going about this is all wrong.

With your standing n this community, you should as I would expect be more diligent.

Am not here for a war on words but to advertise what I think is a good service. Its not for everybody as I know. Mining yourself is cheaper and more desirable for some. I don't cater for everybody.

Have a good day.


It's your job to provide proof regarding your "service", not ours, you're the one asking for something from the community (money). We have reputation, hard earned, you don't. I was going to wait for MPEX's PR to give you a basic lesson, but since she hasn't noticed your thread yet, I'll help you. Gratis.

https://bitcointalksearch.org/topic/so-you-think-youre-going-to-start-a-bitcoin-business-right-124441
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
Hi,

Again no research or will to read.

I actually started selling contracts as low as 10 dollars for much smaller server power. Those sold really well. It is difficult to manage many customers with mini payments than a smaller pool of larger payments.

So prices went up and its working for me.

If you want proof then pm or ask. Not just run your mouth without a clue of what you are talking about. I appreciate the history of such services but your way of going about this is all wrong.

With your standing n this community, you should as I would expect be more diligent.

Am not here for a war on words but to advertise what I think is a good service. Its not for everybody as I know. Mining yourself is cheaper and more desirable for some. I don't cater for everybody.

Have a good day.

I'll stick to my instincts... thanks. I'm still 98% positive you're a full on scam. There's still no proof from you that you're legit... just hot air.

Also, you speak broken English... it is not even your first language is it? Where are you really from? "With your standing n this community, you should as I would expect be more diligent."

I'll be looking for you here: https://bitcointalksearch.org/topic/is-cloudhashingcom-a-scam-163741
sr. member
Activity: 280
Merit: 250
Taking bitcoin mining to everybody
Hi,

Again no research or will to read.

I actually started selling contracts as low as 10 dollars for much smaller server power. Those sold really well. It is difficult to manage many customers with mini payments than a smaller pool of larger payments.

So prices went up and its working for me.

If you want proof then pm or ask. Not just run your mouth without a clue of what you are talking about. I appreciate the history of such services but your way of going about this is all wrong.

With your standing n this community, you should as I would expect be more diligent.

Am not here for a war on words but to advertise what I think is a good service. Its not for everybody as I know. Mining yourself is cheaper and more desirable for some. I don't cater for everybody.

Have a good day.
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
You're right, post updated. I wish you all the best and hope that my initial suspensions are proven wrong.

5249/6000 contracts sold, has anyone in the community reported using this service? I hope you understand my skepticism.

THIS...

So, apparently you've sold 5249 contracts (potentially worth $5,249,000) without advertising or announcing your service on bitcointalk. Also, no one from the community has found your service and posted a thread about it to ask if it's legit like many others have done. If 5249 bitcoiners really bought contracts from you, we would of heard about it from AT LEAST one forum member...

Only just now you post here on the biggest bitcoin forums when you ONLY have 751 left  (possibly worth $751,000)... hurry, buy now before we're out!!!   ..... fishy....

Also, you state the business is in England, yet you price your products in USD. ..... double fishy ....

I call bull shit.


Hi,

I completely understand. Just please do more homework before saying such. Its hard enough getting a business's off the ground in the bitcoin economy when others before ourselves have screwed people over.

This is a genuine service.

Again proof is available for those who care for it.

You have to earn our trust/respect here sir, this sort of thing is just not given to strangers.

We are not sheep, just because you have a fancy website and a company name doesn't mean you're not a scammer.

So many people have come before you wanting us to send them our money with new ASIC hardware or services and turned out to be scams.

Until you prove that you are not a scammer, I am sticking to my gut instinct that this is awful fishy.

PS: Nice try, I almost thought you were legit... nice website design work. That's one of the most fanciest websites built for a scam on bitcointalk EVAR! mad props!  Wink
sr. member
Activity: 280
Merit: 250
Taking bitcoin mining to everybody
Hi,

I completely understand. Just please do more homework before saying such. Its hard enough getting a business's off the ground in the bitcoin economy when others before ourselves have screwed people over.

This is a genuine service.

Again proof is available for those who care for it.
donator
Activity: 294
Merit: 250
Hi,

As a senior member I would assume you would exercise more diligence before labelling anything a fraud. Email or pm me and I will provide proof of purchase.

Kind regards


You're right, post updated. I wish you all the best and hope that my initial suspensions are proven wrong.

5249/6000 contracts sold, has anyone in the community reported using this service? I hope you understand my skepticism.
sr. member
Activity: 280
Merit: 250
Taking bitcoin mining to everybody
Hi,

As a senior member I would assume you would exercise more diligence before labelling anything a fraud. Email or pm me and I will provide proof of purchase.

Kind regards
donator
Activity: 294
Merit: 250
At least this LIKELY fraud is slightly more well done than most ASIC scams. They should be able to steal a few coins from this "act before thinking" user base.
sr. member
Activity: 280
Merit: 250
Taking bitcoin mining to everybody
Hi,

All devices are hosted in the states. I am planning to offer a follow up service to host in the UK and elsewhere. Right now the states have cheaper collocation packages by a factor of 2 compared to the uk.

Kind regards
jml
full member
Activity: 238
Merit: 100
Some criticism I will give here.

There are two reasons why I dislike ASIC's; risk of centralisation and hashing monopoly.

Business model and supplier
================
5GH for $1000?? - way too steep for a contract, might as well get a vapour Japolino (pun intended) for a one time payment and a quarter of the contract price. I cancelled my order with BFL because they have been delaying shipping dates for almost a year, what would make you people think that you would have the minirigs by May?

Based on your business model and supplier, no thanks, I prefer to mine on my own.
sr. member
Activity: 630
Merit: 250
Hi All,

 I formally announce the launch of Cloudhashing.com mining contracts. Our aim is to imply the process of mining bitcoins whilst limiting the jargon that would possibly alienate the layman.
 We offer 2 contract term types. 1 year and indefinite. We in total have 4 mini rigs on order with BFL (I admit I wish we ordered sooner). We have been given a May/June delivery estimate from BFL.
 To date, we have already sold just over 5 THash worth of contracts.

 Please check out our site www.cloudhashing.com

We are fully incorporated under the Companies Act 2006 as a private company. Company Number. 8418155

Address

Cloudhashing
Technology IQ LTD
145-157 St John Street,
London EC1V 4PW,
England
United Kingdom


 Kind regards
 Steven the Londoner

Hi Steven,

Interesting idea for a service.

In the interests of being 100% open, can you tell me where your rigs will be located in the UK? I noticed the EC1 address is a forwarding service.

Also, will the rigs be in a secure business premises or somewhere else?

Thanks.
legendary
Activity: 1666
Merit: 1185
dogiecoin.com

Contracts Sold

5193/6000


really?

this seems too good to be true

Ofc it is.

If you believed in this, you'd have shown £100k in share capital or attached this to an existing business. I do that with mine, no, in fact I do all my high risk trading as a sole trader which gives me unlimited liability.

If you don't give, you don't get.
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