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Topic: KnCminer will provide HW to cloudhashing.com - page 2. (Read 3021 times)

hero member
Activity: 532
Merit: 500
Where are you based though, really?

Your good-looking website still misleads: Address: 145-157 St John Street, London EC1V 4PW, England United Kingdom

Even though you appear to have removed the totally misrepresentative map with large red marker stating; "this is our office"...

https://cloudhashing.com/contact
sr. member
Activity: 280
Merit: 250
Taking bitcoin mining to everybody
The prices are ridiculous: $1,000 per 10GH/s - right, they buy the machines from KnCMiner, which cost $7,000 per 350GH/s, and they sell them for $35,000... And they have the guts to say the the estimated yearly revenue for 10GH/s is aprox. 50BTC

Yeah, so we are all going to be rich.

Jokers...

SCAM

Don't usually respond to the daft

So quick to jump the gun. Read

https://www.cloudhashing.com/revenue-reinvestment

Our contract holders get additional hashing power monthly. Very hard to so solo mining. Plus no need to worry about hosting etc.

We host in a secure level 3 data centre with reserve power etc.

Happy hashing

No math behind 50BTC return for 10GH/s, that's a joke. It's like offering 7% weekly interest on a loan = ponzi scheme.

Only fact is you are charging $1,000 for 10GH/s that cost you $200 or less.

You win, while your customers will be paid from the revenue coming from new contracts - if there's any payment, which is yet to be seen.

Good luck with your PONZI SCHEME





At current difficulty, here are the numbers if you care to research

Coins per 24h at these conditions   0.2600 BTC. - over 90 BTC annually
Power cost per 24h   0.00 USD
Revenue per day   26.50 USD
Less power costs   26.50 USD
System efficiency   - MH/s/W
Mining Factor 100 at the end of the time frame   0.16 USD/24h@100MHash/s
Average Mining Factor 100   0.21 USD/24h@100MHash/s
Power cost per time frame   0.00 USD
Revenue per time frame   7636.52 USD

Yes we expect to difficulty to shoot up, we have the revenue reinvestment program to boost the profitabilty of our clients. Customers receive additionally hashing power on a monthly basis as we keep spare capacity and purchase hardware aggressively. This additionally hashing power increases profitability.

Accusations are easy to throw about.
Thankfully the Internet is way larger than this forum.

Kind regards
newbie
Activity: 39
Merit: 0
LOL I can't believe they came here to defend it!! hahaha!
legendary
Activity: 1148
Merit: 1018
The prices are ridiculous: $1,000 per 10GH/s - right, they buy the machines from KnCMiner, which cost $7,000 per 350GH/s, and they sell them for $35,000... And they have the guts to say the the estimated yearly revenue for 10GH/s is aprox. 50BTC

Yeah, so we are all going to be rich.

Jokers...

SCAM

Don't usually respond to the daft

So quick to jump the gun. Read

https://www.cloudhashing.com/revenue-reinvestment

Our contract holders get additional hashing power monthly. Very hard to so solo mining. Plus no need to worry about hosting etc.

We host in a secure level 3 data centre with reserve power etc.

Happy hashing

No math behind 50BTC return for 10GH/s, that's a joke. It's like offering 7% weekly interest on a loan = ponzi scheme.

Only fact is you are charging $1,000 for 10GH/s that cost you $200 or less.

You win, while your customers will be paid from the revenue coming from new contracts - if there's any payment, which is yet to be seen.

Good luck with your PONZI SCHEME

sr. member
Activity: 280
Merit: 250
Taking bitcoin mining to everybody
The prices are ridiculous: $1,000 per 10GH/s - right, they buy the machines from KnCMiner, which cost $7,000 per 350GH/s, and they sell them for $35,000... And they have the guts to say the the estimated yearly revenue for 10GH/s is aprox. 50BTC

Yeah, so we are all going to be rich.

Jokers...

SCAM

Don't usually respond to the daft

So quick to jump the gun. Read

https://www.cloudhashing.com/revenue-reinvestment

Our contract holders get additional hashing power monthly. Very hard to so solo mining. Plus no need to worry about hosting etc.

We host in a secure level 3 data centre with reserve power etc.

Happy hashing
legendary
Activity: 1148
Merit: 1018
The prices are ridiculous: $1,000 per 10GH/s - right, they buy the machines from KnCMiner, which cost $7,000 per 350GH/s, and they sell them for $35,000... And they have the guts to say the the estimated yearly revenue for 10GH/s is aprox. 50BTC

Yeah, so we are all going to be rich.

Jokers...

SCAM
hero member
Activity: 532
Merit: 500
Perhaps, they're based near the Lawyer's-ville part of the city, if they truly exist...

Address: 145-157 St John Street, London EC1V 4PW, England United Kingdom

Between Farringdon and Old St;

Address: 145-157 St John Street, London EC1V 4PW, England United Kingdom

I'll get you guys a picture of their location over the weekend! Wink

Don't bother bro.. 145-157 St John Street is where half of UK registered companies are; it's the best known P/O box, used to see it all the time as an accountant and have a company there myself (company no. 08500013)

Are you sure about this? On their site they claim to have a physical presence, an office, depicted by a giant red circle:

https://www.cloudhashing.com/contact

I'll swing past on my way back tomorrow morn. If there is nothing to assure they have a physical presence as claimed, then for all intense and purposes, they are out to scam!
legendary
Activity: 2912
Merit: 1060
It takes 18 years to get your money back and break even at this point.

Beware, mining United and pyramining

What's wrong with Pyramining? That appears to still be up and I can get in my account.
full member
Activity: 148
Merit: 102
Beware, mining United and pyramining

What's wrong with Pyramining? That appears to still be up and I can get in my account.
full member
Activity: 224
Merit: 100
As simple as that
https://cloudhashing.com

Edit 1:  actually kncminer is providing hardware to cloudhashing.com
Edit 2: change title

Stop spamming you and your friends site. I get it, you made a pretty website and ordered a bunch of ASIC's the price per GH is still astronomically high for every package you sell considering you are not even mining yet.
newbie
Activity: 17
Merit: 0
Perhaps, they're based near the Lawyer's-ville part of the city, if they truly exist...

Address: 145-157 St John Street, London EC1V 4PW, England United Kingdom

Between Farringdon and Old St;

Address: 145-157 St John Street, London EC1V 4PW, England United Kingdom

I'll get you guys a picture of their location over the weekend! Wink

Don't bother bro.. 145-157 St John Street is where half of UK registered companies are; it's the best known P/O box, used to see it all the time as an accountant and have a company there myself (company no. 08500013)
legendary
Activity: 2912
Merit: 1060
Beware, mining United and pyramining
legendary
Activity: 1260
Merit: 1008
As simple as that
https://cloudhashing.com

CloudHashing.com is not a KnC Miner initiative.

Cloud hashing has stated that they have ordered hardware from BFL, KNC, and others. But, it remains to be seen if they are totally legit.

And cloudhashing.com is not all that new, they've been discussed previously here:
https://bitcointalksearch.org/topic/cloudhashing-asic-mining-contracts-uk-ltd-company-now-mining-paying-bitcoin-173316
https://bitcointalksearch.org/topic/is-cloudhashingcom-a-scam-163741


Yep you're right i didn't notice those prev threads. I was just checking knc website and i saw a sort of advertising. At first I misunderstood and thought that was a knc thing's.
sr. member
Activity: 298
Merit: 250
Play2Live pre-sale starts on January 25th
As simple as that
https://cloudhashing.com

CloudHashing.com is not a KnC Miner initiative.

Cloud hashing has stated that they have ordered hardware from BFL, KNC, and others. But, it remains to be seen if they are totally legit.

And cloudhashing.com is not all that new, they've been discussed previously here:
https://bitcointalksearch.org/topic/cloudhashing-asic-mining-contracts-uk-ltd-company-now-mining-paying-bitcoin-173316
https://bitcointalksearch.org/topic/is-cloudhashingcom-a-scam-163741
hero member
Activity: 532
Merit: 500
Perhaps, they're based near the Lawyer's-ville part of the city, if they truly exist...

Address: 145-157 St John Street, London EC1V 4PW, England United Kingdom

Between Farringdon and Old St;

Address: 145-157 St John Street, London EC1V 4PW, England United Kingdom

I'll get you guys a picture of their location over the weekend! Wink
legendary
Activity: 2912
Merit: 1060
Ducking scam
hero member
Activity: 532
Merit: 500
Something like this was discussed at the open-day, but that's not KnC. I do however work right round the corner from these guys, near Chancery Lane, so could easily check them out...
legendary
Activity: 1260
Merit: 1008
As simple as that
https://cloudhashing.com

Edit 1:  actually kncminer is providing hardware to cloudhashing.com
Edit 2: change title
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