If we disclose our identity we will immediately be open to multiple grey areas of taxation. Moreover, we will need to have KYC from all our customers as we are creating money. This would no go well with our client base.
I hope you aren’t telling me you’re also in the business of
“tax evasion”?!
Let’s simply cut the chit-chat and put some serious facts on the table: Where can investors find your business registration, your public company records, and/or your taxation numbers?
We did not register this domain. We purchased it. Our operation was running well before 2014, but for private investors. We opened for public only with this domain.
You’re telling me you bought this domain after it was freshly registered by someone else? That doesn’t really make sense as it’s missing a logic reason why you could have decided to do so…
Domain Name: CLOUDMINING.WEBSITE
Domain ID: D6073859-CNIC
WHOIS Server: whois.namecheap.com
Updated Date: 2014-10-19T22:57:16.0Z
Creation Date: 2014-10-14T22:45:10.0Z
Registry Expiry Date: 2015-10-14T23:59:59.0ZMaybe you would like to rephrase your initial answer?
Our online operation is not as resource intensive as to maintain a dedicated server. We dont have any hot wallet either, so there is no security risk. Why should we spend on something that is not required ?
If your online operation is not as resource intensive as to maintain a dedicated server… can you prove you actually own any mining hardware and the appropriate network connections? After all, you claim to be in the cloud-mining business and one thing is for sure: cloud mining IS resource intensive when it comes to
Proof Of Work cryptocurrencies! If it weren’t resource intensive, there wouldn’t be a business for a cloud-mining business and no one would rent a dedicated server just to run much simpler things like a full node or a up-to-256-users mining pool. Also, everyone knows network latency can be a mining-income killer and without dedicated network connections, I can’t imagine how someone would be able to achieve any real profit at current BTC/USD levels due to electricity costs, maintenance costs, etc.
Constructive suggestion: As proof that you are indeed running your own cloud-mining hardware, I would already be satisfied with a simple photo of one of your employees standing in front of your mining rigs/equipment, holding up a piece of paper with
“Proof by bitcoin1985” written on it.
Such proof would throw a truckload of doubts and questions overboard (not only for me, but probably also for many people here too). Additionally, it would obviously establish a big chunk of business credibility and trust… costing you not more than a fraction of your effort.
None of those domains are owned by us. They might be hosted on the same server as that is how shared hosting works. Can you please tell us how did you reach the conclusion that those are ours ?
Make no mistake – I sure know how shared hosting works, just like I know how to check on sites and servers that think cloudflare is if a magic wand that makes them invisible.
Besides… as you might have noticed, I did not write that I reached any related conclusion. I merely asked (quote) “What relationship do you have to those domains?” That does not imply anything. Before drawing any conclusions at my side of the table, I would first like to give you the chance to answer all my questions openly, honestly, and to the fullest.
All of your Qs have been answered in the quote. If we were a Ponzi, we would have collapsed by now like most of the services that started with us, but does not exist anymore. We are paying out consistently for around 4 months now - …e/payments.php
Actually ”no”, they were not answered. All you did was evading most of my questions and raising some more while you were at it. Let me just quote one of my questions that you didn’t really answer in a satisfiable way:
“Does that mean you do not have any track record before October 2014?”I still would like to get a definite answer to that, as well as a pointer to a pre-October’14 track record showing your mining efforts and achieved profits at times where the BTC/USD ratio hadn’t collapsed towards the current +/- 200 level. Also, some chart material showing your company efforts and profits during the past year would come handy.
Expect us...
As an aside, that sounds like a quote from the Anonymous group:
“We are Anonymous. We are Legion. We do not forgive. We do not forget. Expect us.” I sure hope your business is a bit more trustworthy than a random anonymous crowd!
Anyway, I’ll gladly take you by the word and expect you to answer my questions exhaustively for a change.
To be sure you understand them correctly, I’ll rephrase my questions a bit…
- Assuming you are a business, what is the reason for you to hide behind a WhoIs privacy protection service? (Note that tax-evasion is no good reason, as that does not protect you from governmental analysis.)
- Up until now, I can not detect any track record before October 2014. Where can I take a look at some company records to see how profitable you were be able to multiply investments before October 2014?
- You confirmed your “business” does not run it’s own dedicated server, but you failed to explain how you – as a cloud mining company – are able to actually handle mining without an appropriate server infrastructure. Could you answer that part too?
- As you state to have no relationship to the other websites and domains on the shared server you’re using, are there any other domains and/or websites you’re running? It would be nice if you would not answer in an evasive way and simple be open about that… that is, unless you think you’ve got something to hide. In that case, I would already be satisfied if you would merely post the first 3 letters of the related domains. I’m asking you to do this, to see if you are completely honest with us. Assuming you are, providing what I asked for should not be too much of an issue.
Please take your time to think about those questions before answering.
That is, if you expect some (very capable) investors to put more than a hand full of bitcoins on your table. So, don’t get me wrong – even when my questions appear to be rather critical. There are some very good reasons
(like this one) why I am asking for comprehensive information.
Based upon the fact that you stated you once started out with private investors, I’m pretty sure you understand why I am asking what I ask. Now it’s up to you to provide the necessary information. Time is money, don’t waste it.
Looking forward to your reply…
)
