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Great price at $1205 for the new T9 announced today but at 1576w + 7%, this is not for the home miner. We have plenty of space, power and cooling here at ColoHub. Our all inclusive hosting price for this model is $92 per month. www.btcmeqc.com

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@c4 said:

@Colohub Thanks Colohub, I am just curious why you are selling $1400 worth of BTC for $1000 when you could just sell the BTC yourselves. No company gives away free money because they are nice.

Most things indicate that your company is legit, but the "give away" of cash over a one year contract reminds us all of various fractionally backed scams. Sorry, but we have seen too many scams over the years.

We certainly understand where you are coming from, as a 112 year old communications company with several other businesses and primary revenue streams, we take our reputation and credibility seriously. This program evolved locally from those who heard of our returns but did not want to or understand mining themselves. From a business standpoint we generate over 300 bitcoins a year so the "cash flow" is not an issue. The money we take in goes to new miners, electrical outlet build out and other things we can depreciate or expense. In the long run that payout for us equates to a miner or infrastructure that will continue to produce revenue after the first year. I hope this makes sense. Geneseo Communications/Colohub is highly regulated and audited on a yearly basis, it is not in our best interest risk a multi million dollar operation for a few bucks as mining represents a small fragment of our corporation. We are also more than willing to put people interested in touch directly with those who have be on the program receiving monthly deposits over the past year.

posted in Cloud Mining read more

@c4 said:

@Colohub can you provide some proof of mining or is this an eleborate scheme to cash in funds? The pictures provided on your site show large cables and stuff but, quite frankly, they are just some pictures. How about taking some movies with the miners in operation? I am giving you the benefit of the doubt and am therefor asking for some more information.

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Here are 2 time stamps, there is also a video tour of our facility on our website at the bottom of the FAQ page :)

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@CryptoMadeMan $1000 Upfront then .1 Bitcoin paid out monthly for 12 months to total 1.2Bitcoin. At the current market price thats over a 40% return the only way this would not be profitable is if Bitcoin drops to below $833 We think this is a very attractive model and have several happy local customers who came in last June for a Data Center Tour and Collected over $17,000

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Take Advantage of our current offer before time runs out! http://btcmeqc.com/hasslefree.html
We are offering 1.2 Bitcoins paid out over 12 months in equal installments for only $1000! At this price you can get over $1400 in bitcoin for only $1000. Hurry this offer ends March 15th 2017!
For more info visit our website and Contact us through the FAQ Page!

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Hi Yes we do have a specialist on site everyday from 8am-4:30pm. We can troubleshoot,reboot and we are currently building our very own monitoring software right now.

As for running off with equipment, that will never happen! Colohub has been in business since 2013, we are real full fledged N+1 Data Center located in Bettendorf Iowa. www.colohub.com Colohub's parent company Geneseo Communications Inc has been in business for over 110 years as a Telco and Internet service provider. www.geneseo.com While our Parent Company Geneseo handles things on the illinois side Colohub this last year started to also do Fiber to the home internet service aswell. We have 40GB bandwidth coming into the data center and being in the Service provider business for a very long time we decided to provide FTTH in 2015 with FibermeQC www.fibermeqc.com So if you have any concern of us just packing up and leaving hopefully this clears things up and gives a bit more info on who we are.

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@Administrator No, at this point in time we are not looking to get into a "renting" pricing model

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We have updated our website with some subtle changes. We have changed the rule for customers who bring in a larger quantity of miners (more than a few), You will no longer have to pay a 6 month upfront cost. We realize that with more miners being hosted the upfront cost quickly became very expensive! Feel free to contact us whether you have 1 miner or hundreds! We are very flexible and would love to make a deal!

Thank You, Tim.

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