Quote from: Athom on January 02, 2014, 05:31:42 AM

The Bitcoin mining company CloudHashing.com announced today the first guarantee in the cloud mining space along with 2014 pricing which undercuts all cloud-based competitors.

AUSTIN, Texas, Jan. 1, 2014 (GLOBE NEWSWIRE) -- via PRWEB - In the Bitcoin mining industry, where projections but not promises are the norm, CloudHashing.com's announcement could shake up an already extremely competitive industry at a time when Bitcoin is becoming more mainstream.

The company announced that customers can now pre-order cutting-edge Bitcoin mining contracts at a cost of just $9.49 per Gigahash/sec guaranteed to begin Feb. 15 or full refunds will be given. This cost-per-Gigahash is significantly less than anything announced, and CloudHashing.com's established track record of delivering cloud mining services since July makes the announcement a potential game changer.

Additionally, CloudHashing.com announced a reduction in its mining pool fee from ten percent to three percent along with the elimination of management fees. These fees are used to pay for electricity and maintenance in the datacenters.

"Our mission at CloudHashing.com is to bring Bitcoin mining to everyone in an easy and affordable way," said Emmanuel Abiodun, founder and chief executive officer. "By building our newest datacenter at such a massive scale using the latest technology, we are able to make these kinds of guarantees where others can't."

The Dallas, Texas datacenter Abiodun has built is based upon the latest CoinTerra 28nm ASIC architecture at an unprecedented scale. Through the unique relationship CloudHashing.com has built with CoinTerra and others, they are able to scale with demand in a nimble way to bring hashing power to market very quickly.

CloudHashing.com's announcement comes on the heels of their company recently being featured in the New York Times article "Into the Bitcoin Mines".

Cloudhashing.com is a Bitcoin mining technology company where customers can purchase mining contracts and earn bitcoins via their website. It is a pioneer in the Bitcoin industry and was the first to introduce cloud-based Bitcoin mining. The London-based company has thousands of customers worldwide.

Bitcoin is an increasingly popular online currency and technology that is changing the way many are purchasing things online in the same way the World Wide Web revolutionized how people connect to one another.

This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb.com/releases/CloudHashing/Bitcoin/prweb11456205.htm

Contact:
CloudHashing.com
Michael Hatfield
michael@cloudhashing.com
+1 757-903-1972

$9.49 per ghs? Lol. That will not ROI based on current exchange and projected difficulty increase by feb 15, IMHO. http://www.bitcoinx.com/profit/

Takes a lifetime to build a reputation and ten minutes to trash it. Mr Abiodun, that is a name I shall forever remember to stay away from, speaking for myself of course.