In addition to the other suggestions above, for verification of legitimate mining activity why not post the BTC addresses into which you are mining? That would seem to provide proof positive while at the same time you would not have to redirect to a less efficient pool. As far as security, so long as you believe that SHA256 is secure, posting public BTC addresses would be as secure as the Bitcoin network itself. It would also allow an accounting of sorts e.g., that profits are not being skimmed during "good luck" time periods. EDIT - when posting, please sign with each address to confirm you are the owner of that address!
As a matter of transparency, after GAW I will not invest in cloud mining without this or equivalent proof.
Hashie seems like it is trying hard to be transparent and responsible. If so, please post the mining addresses and all of my future BTC monies will be going here (which FYI is over your highest tier of pricing discount ... and I expect I am not the only one with that much cash looking for a good reputable BTC investment with a possibility of ROI).
Hi,
I'd just like to clarify, we pay based on expected Bitcoin mining earnings. We pay the theoretical maximum regardless of which pool we're mining at and how lucky it is. That's why we didn't stay long on BTCGuild
I've passed this along to our dev!
Continuing discussion from the other thread:
[...]
Maybe you can offer this option to match your hardware? E.g. if you are running 1 TH/s machines you could let users set their own pools on each full 1 TH/s they own, which would map to your hardware. Fractional TH/s would remain mining to your own pool(s). If you could manage that you'd certainly gain some major credibility.
We're looking into this - our upcoming
ASICMINER Prismas should let us individually control each 350-370 GH hashing unit.
It would be useful to have an ROI calculator on your site that includes the maintenance fee. This would help have a more clear understanding of our investment. For example, in a quick calculation I estimated that there are at least two competitors that have a quicker and higher ROI even though they are more expensive because they don't charge a maintenance fee. Granted, I dont know how accurate my calculations are because there are so many factors. If there was a calculator that estimated ROI given an x% increase in difficulty every month. (I like to use 20% in my calculations) It would help make decisions involving much larger amounts of money easy for us.
The maintenance fee is charged in USD, and will be relatively less the higher Bitcoin goes. Considering that Bitcoin is in a bit of a slump recently, mining calculators based on the current Bitcoin price will most likely underestimate.
Can you sign up under my affiliate link please?
This is not the intended usage of the affiliate program.
-Sahra