Author

Topic: MaaS legitimacy ? (CloudHashing.com) (Read 708 times)

legendary
Activity: 1148
Merit: 1018
June 18, 2013, 06:21:19 AM
#8
since I started the thread originally, I was actually hoping for cloudHashing.com to actually follow-up with the requested 3rd party evidence to support their products, services and claims, which would in turn mean more profits.

It's a scam, regardless of what they say. Educate yourself. Do not pay $149 for 1GH/s or $1,000 for 10GH/s, you won't see any return ever unless they pay old investors with new investors money (=a ponzi).

Right now a 175GH/s machine costs $3,995, and a 350GH/s machine costs $7,000.

Don't be fooled.
sr. member
Activity: 350
Merit: 250
June 18, 2013, 06:19:53 AM
#7
since I started the thread originally, I was actually hoping for cloudHashing.com to actually follow-up with the requested 3rd party evidence to support their products, services and claims, which would in turn mean more profits.

You may be better off contacting them directly if that's what you're going for.
newbie
Activity: 14
Merit: 0
June 18, 2013, 06:16:17 AM
#6
since I started the thread originally, I was actually hoping for cloudHashing.com to actually follow-up with the requested 3rd party evidence to support their products, services and claims, which would in turn mean more profits.
legendary
Activity: 1148
Merit: 1018
June 18, 2013, 05:56:16 AM
#5
A question is... they are claiming you will get $5400 in the first year and will get another year of payments after that, for the price of $1000. If this were true, why would they not simply take all the profit for themselves and not sell the contracts?

THAT'S A LIE. There's no way 10GH/s generate 50BTC in one year, not even if the started hashing now, much less if they start in September.

BEWEARE, DO YOUR OWN RESEARCH: IT'S A SCAM.
sr. member
Activity: 350
Merit: 250
June 18, 2013, 05:46:18 AM
#4
A question is... they are claiming you will get $5400 in the first year and will get another year of payments after that, for the price of $1000. If this were true, why would they not simply take all the profit for themselves and not sell the contracts?
sr. member
Activity: 280
Merit: 250
Taking bitcoin mining to everybody
June 18, 2013, 04:23:35 AM
#3
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



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
June 18, 2013, 04:08:50 AM
#2
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
newbie
Activity: 14
Merit: 0
June 14, 2013, 11:59:15 AM
#1
Hi

I only just registered, so I won't have the privileges to speak up in the corresponding threads, but I am referring to:

https://bitcointalksearch.org/topic/ponzi-scam-cloudhashing-scam-206637
https://bitcointalksearch.org/topic/cloudhashingcom-193430
https://bitcointalk.org/index.php?topic=173316.0;all
http://www.scamadviser.com/check-website/cloudhashing.com

Like many others, I truly want to believe, but I definitely won't believe until I have seen certain evidence, which would ideally not come from the corresponding website/company itself (because it could be doctored), but from a more credible/independent 3rd party, such as the hardware vendor/supplier (Avalon, BFL etc), who are actually known to have delivered hardware in the past.

Thus, assuming that it is in the best interest of the corresponding "cloud hashing/MaaS" services to communicate their legit intentions to potential customers, could the corresponding services please ask the hardware suppliers to come up with a list of positively-identified orders and deliveries, and publish those on their websites to provide background info on some of the more recent startups ?

Ideally, as a potential customer, I want to be able to cross-check the claims of certain "MaaS-services" (like CloudHashing.com) against actual orders placed with certain vendors, just by going to the avalon/BFL website and checking if there are any confirmed orders/deliveries, including the type of hardware ordered, numbers and budget. Given that the buyers themselves would explicitly ask the vendor to provide that very information and make it available on their website, there should be no privacy issues.

Hopefully, that should address any and all scam-related concerns if the vendors themselves could confirm that certain orders have been placed, paid and delivered - which would in turn also mean tons of additional credibility.

Maybe some more senior community members could review the idea and get in touch with the right people ?


Thanks

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