PS. Syke, 50 BTC is not nearly enough for me to set up up a 300+ TH/s farm, but if you're serious about throwing your money away please contact me and I'm sure we can work something out
I'm not normally a big fan of escrow. Too many people have received boxes of rocks and then you get into arguments on what was shipped vs what was received. But in this case the delivery is publicly verifiable by anyone, thus escrow works great. So I'm reasonably protected from their scam by requiring escrow.
If MineThatCloud can deliver 345 TH/s for 30 days, then it's worth 50 btc to me. They're selling contracts for half that price on their website. If they had any shred of legitimacy they'd jump at my offer. We can then conclude that they don't have 345 TH/s, and thus can't deliver, so escrow stops their scam.
MineThatCloud is selling something they do not have, and are paying new customers from old customer funds. The best description of that is a Ponzi scam.
Let me translate it for our "Belgium" MineThatCloud representative:
wat moest bewezen worden
ce qu'il fallait démontrer
was zu beweisen war
