Quote from: cloudhasher on February 10, 2014, 04:54:25 AM

We will implement RRP once we have enough capacity to do so. We currently don't have the capacity to implement it across the board, which is how it's implemented. We have some really amazing gear coming online, and you will see our pool vastly expand accordingly. This will benefit our customers who mine in our pool. Sure we wish it were sooner, in accordance with our suppliers' projections, but we are in the position of having to rely on our suppliers and have to adjust our dates in accordance with what they are telling us and what we're receiving. Unless we became our own ASIC manufacturing company, we'd have no way of avoiding this, unfortunately.

We are absolutely not waiting until the price of Bitcoin reaches some level before doing anything. We, like all of you, want BTC to go to the moon. We would absolutely love to be able to do RRP and BTC be twice what it currently is. That would benefit everyone, and most importantly our customers.

-Michael

There is no 'benefit' for your customers to expanding your pool. You just owe people hashrate and by delivering this late you slightly compensate for the fact that you pissed away most of peoples profits already...
I'ts like the benefit of getting a moldy bread a week after you payed for it. Pretty useless 'benefit' that is.
Did you allready explain to your customers that they will need to reinvest 70% into rrp just to keep up with difficulty?
Did you also tell them that because you're late with this rrp hardware they already lost 90% of what could have been made with that extra hardware?

You sold your supplieres 'projection' as a certainty. You told people you had the hardware covered and you proceeded to take peoples bitcoins and not give them anything back for it. That is a scam.

There was a perfectly good way to avoid all this and that was to not sell hardware you did not have in your possession.
By doing so you were outright lying to your customers and now you are royally screwing them over with your 'oh noes, we can't get the hardware!' bullshit.

I would advise anyone invested in cloudhashing to get out. These people don't care about their customers. They only care about getting their customers money one way or another even if that means screwing them over. There is no way to win against this scheme.