Quote from: Mabsark on December 05, 2014, 07:54:20 AM

Has anyone bothered reading the terms and conditions for this service?

Quote

'We' and 'us' refer to Cloud Mining Website, a website presented at the web address www.cloudmining.website. 'You' and 'your' refer to you, the person accessing and using www.cloudmining.website. 'Service' and 'services' refer to any services we offer, including our website and our cloud mining services. By availing our service you confirm that bitcoin mining is a legal activity in your jurisdiction. While you are buying a mining contract from us, you agree that you understand the concept of bitcoin, mining and all its associated risks. You confirm that you understand that there may be occasional maintenance charges due to electricity cost, hardware maintenance etc. While we make our best effort to ensure your account's security and privacy of your information, you hereby declare that you are ultimately responsible for the security of your account and related information. You accept that the referral commission data will be public at our discretion for accountability purpose and promotion of our service. You understand that all sales are final, and refunds not are offered except at our discretion. In the event of any problem with the service, you agree that your sole and exclusive remedy you may have is to cease use of the service. Under no circumstances should we be liable in any way for your use of the service. We may modify the Terms & Conditions at any time without notice. By continuing to use our service, you are agreeing to the latest version of the Terms & Conditions.

That is a standard ToS and I'd rather be worried about companies, which does not call a spade a spade. But, the hypocrite nature of u HaveLock guys are coming out in broad daylight. In PB mining thread u r accusing of no mention of electricity cost, hardware maintenance cost and here u r accusing of mention of the same !!! Shocked

I'm sure, u'll question why am I calling it a standard ToS. So, I'm giving you a snippet from Conibase user agreement (https://www.coinbase.com/legal/user_agreement)...

Quote

We may (a) modify or discontinue any portion of the Coinbase Services, and (b) suspend or terminate your access to the Coinbase Services, at any time, and from time to time, without notice to you in certain, limited circumstances described in Sections 2.6, 3.6.4, and 7.2. You agree that we shall not be liable to you or any third party for any modification or termination of the Coinbase Services, or suspension or termination of your access to the Coinbase Services, except to the extent otherwise expressly set forth herein.

Any company operating from a proper legal jurisdiction needs this type of protective legal language, which is not applicable to your Panamian HaveLock or Chinese AM hash.

Looking at the AM hash thread, it is quiet evident, that you guys have failed to compete with PB mining, cloudmining.website etc. and having hard time in keeping your sales alive Cheesy