Scrypt mining starting at only 40$ - MimoCloud - page 2.

mimocloud

newbie

Activity: 31

Merit: 0

Hello again,

that could depend on our exchange rate API but 1400$ Huh

we just have check this "issue". And we dont see what you are talking about!

The price is about 36 BTC currently. Our System does this exchange life through a finance APi-System!

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spartan82

hero member

Activity: 658

Merit: 500

You didn't answer the questions in the first place.. Sorry but ill ask again. What are the total fees, and why the $1400 saving when paying in $US other than BTC?

mimocloud

newbie

Activity: 31

Merit: 0

We have a special contract with Mining Asics Technologies B.V.
We are very near located to them...
They are located in Maastricht and we are located 45 kilometers away in Aachen.

We host all our Hardware by ourselfs.
Currently we are using the A1 as our BitCon ASICs and for Scrypt we going to use the ASIC of Mining Asics Technologies B.V.

Here are some blockchain Informations of our last payouts:

https://blockchain.info/tx/7a79512ed0b330877e9e84c2dfdfed2b3a620b01a1e38672ff984e168f314d6c
https://blockchain.info/tx/0ed56c5cd8fa8c7b7f898626ed2c09684150143535dc0d35c497db622b9519b2
https://blockchain.info/tx/421c738cfefe5924edb9c2023f3f1d03b6f997c56a695b9ffc46615d824aa84d
https://blockchain.info/tx/527504e5e8db52757ae6581b15de6e1994e54f08a22e9bdf360843f07f20e467

If you have any more questions, please feel free to ask.

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spartan82

hero member

Activity: 658

Merit: 500

Quote from: mimocloud on June 15, 2014, 09:08:06 AM

Thats not the hole fee its just a part of the fee we take from the client!

I believe it's "whole".. But anyhow lets have a look at your product description:

(Taken from your website)

Quote

Product Description
500 MH/s Mining Power

Weekly Litecoin Payouts to your wallet.
0% Administrative Fee (included)

0.08$ power fee per MH/week
No forced re-investment

Not the hole fee you say? Please explain your fees a little more clearer so I can understand a bit more about them.

Also a very important issue I picked up here that makes completely no sense to me, lets go with your 500mh contract. Your prices:
BTC38 or US$20,000
At current rates that is a discount of around $1300 when paying in US$.. What's the story with this?

mimocloud

newbie

Activity: 31

Merit: 0

Thats not the hole fee its just a part of the fee we take from the client!

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spartan82

hero member

Activity: 658

Merit: 500

$0.08/mh per week for electricity fee? In germany? I call bullshit. What miners are you basing this on?

brian_23452

sr. member

Activity: 350

Merit: 250

How do you figure it is a nice price? Lets list the problems....

1. It isn't 55 dollars. They charge a weekly fee that is conveniently not mentioned here.
2. The terms of the contact stipulate that they can start mining as late as 9-30-14. So basically October. You think $55+weekly maintainance fee per Mh/s is really going to be profitable come October?
3. No mention of what they're mining with. And no ability to point the "miners" at your own pool. Obviously we don't know for sure, but this is the classic formula for a company that isn't actually mining, just collecting payments and paying out via those payments.

Those are the cons, what are the pros?

1. Well, I guess you can save time, by combining two different scams, the preorder scam and the contract mining scam, into one deal. I'm waiting for the day these rip off companies take it one step further and just start selling btc at like 4-3, pay us 1BTC for .75BTC or something like that. Would amount to the same thing and save everyone a lot of time and hassle.

nemisan

newbie

Activity: 55

Merit: 0

Nice price genesis mining gonna scare lol Kiss

Feneusens

sr. member

Activity: 275

Merit: 250

Worth the price, just pre-order.

ChuckBuck

hero member

Activity: 1372

Merit: 783

better everyday ♥

That's a new one, a pre-order for cloud hashing!

I see some picture of Mining Asic Technologies on the website, but which exact miners do you use for your SHA-256 and Scrypt mining operation?

mimocloud

newbie

Activity: 31

Merit: 0

Hey there miners,

we are very proud to announce that we now offer scrypt based mining plans.
1 MH/s costs only 55$ for a whole year. The payout will be in Litecoin (LTC).

we have been working for a long time together on an exclusive contract with Mining ASICs Technologies B.V.
to offer our client such a extremely low price.

Currently we can offer mining power over 20 GH/s for scrypt mining just for a single client!
So dont miss this exclusive offer.

for more information you should also check our website:

https://mimocloud.net/litecoin-mining-plans-scrypt/

if you have any further question please feel free to contact our support department [email protected] or simply give us a call.

Have a fine day,

The MimoCloud Team!

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