You were all warned this is a scam. Just do a quick search on these forums.
+1
I have been warning people about Cloud Hashing since the first page of this thread, and am possibly one of their biggest critics. Anyone that didn't do the research on this (read the early part of this thread and the thread in the scammer subforum) kind of deserves to lose there money. I hope that doesn't happen and you guys get your money back, but you will not receive much empathy from me. I warned you and you didn't listen (or you didn't do your homework.)
I wouldn't say it was a scam so much, Maybe now though, if they are still allowing people to buy contracts.. but anyway..
I don't think anyone here wants 'empathy' dude, but awww it's so sweet that you think we do.. so umm, hindsight is awesome

.
I believe Cloudhashing maybe didn't do their research properly and so it sounded like a good idea to other people who also didn't do their research. (The blind leading the blind) I was one of those blind people

Now everyone can say "I told you so"
Anyway, i got my money back and I like to believe cloudhashing was never trying to scam people just didn't take in to account delays and other issues.