Topic: is cloudhashing.com a scam?? - page 8. (Read 46858 times)

good point, with my luck, they'll wait 8 days to answer.

If you only bought on Sunday you can cancel within 7 days with NO need to even prove they didn't deliver. You can simply change your mind under the Distance Selling Regulations 2000 which is UK law (CloudScamming are a UK registered company.)

http://www.which.co.uk/consumer-rights/regulation/distance-selling-regulations/

Didn't read this stuff first... I purchased a platinum contract on Saturday. They provided a different login and password to there 'pool' site. It doesnt work. I sent email on Saturday, sent support ticket on Monday, sent another email today. NO answer from any of these yet.

I guess this is there definition of "Priority technical support" which you get with a platinum contract.
not to mention their "Our Promise: Response Within 24 Hours!" qoute on there contact page.

Cloudhashing ook My paperrout money and never started mening toe me in septerber. I have a gold contract.
I have asked manytimes doe a refund. Never got any.
I do net know how tot tell My parens i tot scammed..
    
 


  
      

I pay for a silver contract, which is 4ghs for a year, called september contract. They said start mining on 26th of september. I paid the 9th, payment didn't show up on their site until 13th. Nobody answer my question about this issue of payment, finally was accepted.
It was priced as 280 USD, but they billed me 209 GBP, with exchange on 13th of september 209 GBP = 332 USD so that is false advertising.

After delayed the mining until 30th then in october they delay again 2 weeks. So we got mining at 100% on 15th of september, but until yesterday we couldn't know what we had mined or the hashrate of the farm. They were coding pool and rewriting stramtum (as they said). I got answered by customer support but lots didn't got any answer.

So my september contract that started on october but october contracts are cheaper. They refuse to refund, well didn't refuse just don't answer. I asked about the difference on price and billed (they were using an exchange from july and i paid on september!!!) the answer I got is bitcoin is risky business.

Apart from that the price was high, they didn't deliver on time, they don't male responsible of their faulty service. Their compensation to all that problems is no charge that 10% of management before 23rd of october and an extra month of service. (they started one months later so that is respect to the contract.

we are trying to get together all unpleased customers to ask a refund, so if you want to join keep an eye to this thread and this one https://bitcointalk.org/index.php?topic=173316.1080

Now they made the pool and it works very bad, still no answers from customer service. I just want my 209 GBP back.

I have a contract with these clowns at the moment and I can say unequivocally these guys are most certainly a complete scam. 

If you take out a contract you will have no chance of getting your money back, non what so ever. 

Admittedly, this is a little late, but I hope it will prevent others from falling into this scam if it is read at a later date.

I took out a contract around April 2013 for a contract which was supposed to start in July.  You can probably guess that it didn't start in July - it was more like the beginning of October!! 

I'd tried loads and loads of times between April and July to log into their website in order to update my payment wallet details only to keep getting errors.  It would not let me in however I kept getting emails urging me to update my wallet details.  Support requests came back saying because I was an early adopter there were some bugs with the website which needed ironing out.  Months past and they were still not fixed.

Users were supposed to get increased hashing for a year by way of compensation.  You may be able to guess if we ever saw that.  No, we haven't.

I took out a 5gh/s indefinite contract which they claim would have provided 30btc per year.  More accurately it was a 1gh/s contract promising 6btc per year which I upgraded to 5gh/s which was supposed to provide 30btc year.  I am getting absolutely nowhere near this, nowhere at all. 
To put this in perspective, go to an online calculator, type in hash rate on their website along with the cost.  You'll see that unless you get one of the high end contracts you'll take about 10 months of the year to break even.  By this time, the difficulty will have increased such that what you might have made will be non existent.

This isn't all.  I've had nothing but trouble, lies, inconsistent payments etc etc right from day one.  Please be warned. 

Bought a platinum in august, at 900USD, now its 630, no news of reimbursement, no news on when I will see any payments. Just "very very soon" in the latest email I got from them after asking for a refund.

If they dont start to deliver/refund I might be joining you in that.

Well, I was emailed earlier telling me about my glorious sub 0.0001 XBT LABCOIN dividend.

They probably are legit but the flood of power on the market likely ruined them.

[edit] said probably twice in one sentence so my eyes almost exploded.

I've got a Bronze & Gold Account, but havent received a Bit-Penny,all i got was cheap talk, some newsletters... oh yeah they don't refund after 7 days LMFAO...

IMO this site is a big scam...

Seriously looking to take legal actions to these guys

Lost Dutchman.


i read through your bflfraud.com skype sessions with benny.

if any of that is really true - i don't see the problem.

so, business was done out the backdoor. money talks. it talked to you. didn't it?

you were part of the so-called "scam" that you accuse him of - along with BFL.

you didn't even allow the guy to arrange a deal with you. you just blasted him off.

i'm not trying to legitimize the guy. i have no idea who he is. and, neither did you.

it just seems like you exposed the deal when you didn't benefit from it. even after he offered to cut you in on some contracts.


kinda weird, bro.

I got paid 0.296725 BTC for a July 5Gh indefinite contract.   WOOT! 

Thanks!!

then the estimated earn specified in the web is just ridiculous, no sense a claim of 25 to 50btc when even 7 btc is not reliable.

If you look through this thread, you will learn what you need to know about Cloudhashing.

If you can't find what you need, PM me and I will help you out.

My $.02.

Currently, if you mined on your own with 20Gh, you'd be lucky to get ~3.4 BTC per month.  And that's at current difficulty with a 3% pool fee.  Assuming a 30% fee from CH, as stated here, and a 10% management fee, you would receive ~2.04 BTC/mth, at current dif.

Difficulty is going up in a couple days and CH takes more than 3% of your mined btc's.  That and they are not at 100% capacity yet.  No one knows when that will occur, we're all at the mercy of the Asic manufacturers.  The next estimated difficulty is ~106 mil.  That's ~2.85 btc per month mining on your own.  With the CH 40% fees tacked on, that's ~1.71 BTC per month.

Again, these figures are estimates and are dependent upon CH at 100% capacity.  I'm only estimating the first month of hashing.  If you bought a 20Gh, 2 year contract now, you won't see a payment until late nov/dec, imho.  I think their promises are very overestimated.  Unless BTC price jumps, you won't make that much.  I definitely think you'll money if you're disciplined about saving your BTC.  It's a better bet than sticking your money in a money market account or CD, that's for damn sure.  Again, imho.  Or you could just buy some gold/silver, you're good there too.  OR just buy the BTC right out.  This is purely speculation and very risky.  That $1000 must be money you're willing to lose, not depend upon.

To fully answer your first question, NO, you will not get 3-4 BTC in the first month.  You'll be lucky to get 1.

why? calc is  correct, whats wrong? payments are not based  o the real hasrate contracted?

LOL!  No!

if i get a platinum contract for 1000$ at 20GH

i should get back 3,4 btc first month, is that going to happen?

http://mining.thegenesisblock.com/a/2e1cb8b86b

~40 as hashing power came on towards the second week of earnings. We have more gear coming online next week.

Thanks

confirms are in on todays payment. of .211  what was the percent on this one?

One is an indefinite and the other is a 1 year contract :-)