Re: Cloudhashing ASIC mining contracts, UK LTD company - Now Mining & Paying Bitcoin
I'm a bit confused about the RRP; in the 'Dashboard' there's a box that says: "The next RRP will take place on January 19th 2014 at a cost of $15.00/Gh." does this mean for every $15 (or Bitcoin equivalent) I get one additional Gh? And for what term; the duration of my existing contract? Till the next RRP? The next five minutes?
Just ask'n...
Just ask'n...
Hoak,
Yes. On January 19, you'll get 1 GH added for every $15 worth of Bitcoin you've allocated (at the price of Bitcoin that day). It will show up in your account as a separate one-year contract. So even if your current contract ends let's say in 6 months, the RRP would continue after that for one year.
Michael
$15 per ghs is extremely unlikely to ROI given current difficulty increases. How does cloud hashing plan to fix that?
I have paid <$4 per ghs for black arrow and first batch neptunes and I worry about ROI due to difficulty increase.
Selling at $15 per ghs is just rude IMHO.