If you go back and read the AMHash thread, you'll see that as of
Dec 8th people were talking about problems with some cloud mining company named hashie?
This was a snowball effect for everyone buying mining services. The whole landscape started having problems at the beginning of December 2014
I don't know much about hashie or AMHash, but if you do your digging it is almost like Chris was buying services from hashie and reselling them as his own? I don't know.
Anyone have any experience with what happened to hashie or AMHash that can make sense out of what started happening to all these mining clouds during December?
It wasn't just ltcgear that did this..
Quoted Dec 8, 2014 from AMHash1 thread:
Id still like to know how AMhash would handle hashie running off with customers money. Who owns the hashrate, hashie or its customers? If the latter, how can people know hashie forwarded you the btc and/or credentials so you can honor the contract even in absence of hashie?
Also, do you know for sure the identity of the person(s) behind hashie? Are you vouching for them being a legitimate business, and if not, who's (braindead) idea was it to use them as reseller?
Hashie has already deleted the referral table. I'm worried that they might as well delete the hashpower table anytime.
A lot of stuff starting happening early December, right till the end. So I think when Chris got scammed by whatever cloud services he had stock in, he just continued the scam for his own customers.
That's why I continue to believe (until proven otherwise) that this statement is still written by Chris posting as a 3rd person, and it's actually true:
-I could just believe he got screwed up with the AMHASH/ASICMINER mining contracts. The guy who run that and disappeared end of December was the inventor of the first BTC asic. So, i guess, that made it alot easier for Chris to throw the towel too. So yes he might be the Victim.
Dude you've got this backwards - many "cloud mining" sites were buying from LTCGear and reselling it as something else. Nice try making up some sort of half-assed story though.