Quote from: CoinHoarder on September 17, 2014, 03:59:11 AM

Quote from: msc on September 15, 2014, 08:32:37 PM

Quote from: bigasic on September 14, 2014, 09:24:13 PM

Its better to invest in bitcoin and hold. I would have bee a millionaire many times over had I took my own advice.. but no, i had to get into mining.

This.

+ a million

I've been warning people about Cloudhashing since April 2013. I have 2 posts on the first page of their thread claiming scam, and spent my time posting many posts in the first few pages of their thread trying to make my point. This was my 3rd post in their thread:

Quote from: CoinHoarder on April 17, 2013, 11:08:10 PM

Quote from: ex-trader on April 16, 2013, 07:18:12 PM

So let me get this right:

You have ordered 4 machines in total that cost about $120k.

They produce a total of 6T/Hash (allegedly).

You are selling 5 G/Hash indefinitely for $1k each.

In total therefore you are asking up to $1m for something you paid $120k for.

These machines don't even exist and have never even been proven to have existed.

Quite brilliant - well done!

Exactly... even if he is not a "scammer" in the true sense of the word (which I'm not fully convinced he isn't yet), he is still a scammer for his price gouging.

Taking money from innocent newbies that don't realize they are paying way too much per Gh AND they will get the hardware AFTER almost everyone else that already has preordered when the difficulty is sky high. On top of that, he is pushing the fact that BFL will have these out by June... anyone that knows anything about BFL knows that is not going to happen.

No one is going to make any money on this other than cloudhashing themselves.

You can't beat math...