We are a startup and operate from a virtual office . Our largest overheads are the colo costs.
We are expecting BFL to deliver in July and KNC in September.
Regards
Yeah, no need for a real office to scam people's money.
for the record, you can be a legit company (startup or not) without necessarily requiring a real office, virtual offices work well for hundreds of thousands of businesses, and not every virtual office-based office is automatically a scam, which is especially true for many hosting companies that are acting as resellers.
That being said, like was said, colo-costs will be a significant factor given the Thash/sec rate advertised by cloudhashing.com, which would support the assumption that they should have supporting information to back up their claims (e.g. contracts, billing, invoices etc) that can be checked by potential customers, to ensure that their money is actually being used for these purposes. So far, the whole thing seems to lack in transparency unfortunately. If such information could be provided, based on 3rd party companies that are actually real, customers could make up their own minds.
I will provide a link to an article a journalist is writing on our business. This provided a lot of documentation that those who are truly interested in can gaze into. As I said we are really interested in the mainstream. Cloud hashing is not necessarily for everyone (especially those who are good with computers). A larger portion of the world isn't as adept with things of a technical nature. We are bridging that gap.
Once the article is written and posted, will make sure it makes it to this thread.