I had been doing fairly OK on Cloudhashing.com as I got into the contracts in Feb 2014 and decided to almost immediately change my re-investment percentages to 60% or more and rapidly grew a list of re-investment revenue year-long contracts that may will not expire until July/August of 2015.
With the heavy re-investment I more than quadrupled my initial hashing contract G/Hash overall totals with more than 16-18 new "contracts" each which expire a year later - which seemed, even with the declining trend of BTC value over late 2014 was going to ALMOST, haha, almost make me back about 90% of my initial cloud contracts investment by February 2015. That was until Cloudhasing.com suddenly took my December revenue re-investment figure and just paid it out to me on December 5, 2014 INSTEAD of re-investing it. I was speculating that my December re-investment would add almost a Terra-Hash of additional hashing power to my current Cloudhashing.com contracts. An amount that would FINALLY put me hashing at an amount that could get me potentially "ahead" of the curve.
Due to my wife's medical issues and unexpected surgeries in Dec 2014 I did not realize this had happened until I started checking on things about a week ago. I have been lucky enough to get an answer (reasonable answers) from Cloudhashing.com support every time I have e-mailed up until this recent request for info on what is up with our December re-investment. I was simply told that "the revenue re-investment program has been temporarily suspended until further notice" which was a slap in the face as I have been a proponent of Cloudhashing since they always seemed to pay out and work mostly as advertised, at least for me. And of all of my Cloudhashing contract experiments, Cloudhashing.com was the ONLY service that seemed to have the promise of actually making money back with and ONLY with agressive re-investment. This of course counted upon Coudhashing to continue to honor the aggressive contract re-investment service as they had so far in 2014!
I guess Cloudhashing.Com realized this and the fact that I was nearly going to get back all of my initial investment in one year. I guess this was a chance of potential success that even this Cloud hashing scheme/pool could not stand for. God forbid anyone come even slightly close to daring the BTC gods by making back their initial investment. I have done most of my BTC hardware and Cloud purchases/investing along with my college aged son as a social experiment yet while still trying to support the furtherment of BTC while not completely losing my arse in the process. Even if BTC shot up back in the 600 dollars range I would still (as most of my friends, associates, and family) come only about 55-60% back to making my initial investments back within a year or so timeframe.
It is just a shame that even some of what I thought were fairly above-board cloud mining services have now shown that they were just in it for the short haul to screw the system and add to the shame, human greed, and corporate corruption that will be the un-doing of this grand social-economic experiment that I was fond of but have lost complete confidence in. I will hold onto my pitiful amounts of BTC, maybe one day like some of my poor stock choices, I can cash out and say "Hey, there I made a few cents!" HAHAHA
Shame on me though for ever being a verbal proponent of Cloudhashing.com, and shame on them for just showing their true colors in the end...
