Post
Topic
Board Securities
Re: Cloudhashing ASIC mining contracts, UK LTD company - Now Mining & Paying Bitcoin
by
cloudhasher
on 09/01/2014, 06:00:53 UTC
cloudhashing is offering 15 usd per ghs thru rrp and is available til jan. 19. cex.io is at .043 per ghs, that is around 34 usd per ghs.

is it a good time to load up my rrp?
I made 0.01 in 36 days with 4.5 Ghs (5GHs less %10 of Reinvestment) and I made 0.01 in 10 days with 3.5Ghs with cex.io (plus the other coins). I don't know why...

really?  this needs looking into. does anyone else get a higher return in cex.io compared to cloudhashing?

cloudhasher, can you please explain why this is the case?

There are so many factors that go into Bitcoin mining that it's hard to compare apples to apples.  Currently they have a larger pool which means that one of their pool members will solve a block and share with the pool more often than one of our members, because of pool size.  It also means that the individual share received per block is smaller on theirs.

The other difference is that their pool isn't like ours in that most of their pool is individual miners with their own hardware, where ours is completely ours.

We are ramping ours up now and over the next few weeks you'll see a seismic shift in pool size.  We will not always be the biggest, but we will always consistently pay out and create a profitable environment for our customers.  We don't aim to be the biggest pool, but we do aim to consistently pay out on all blocks solved and offer a Revenue Reinvestment Plan which is unique in the industry.

It's a personal decision whether or not to use our service or not.  We hope you choose to based on our track record of paying out as promised.

Michael