Toomim Bros GPU mining software and cloud mining

[jtoomim]

it is possible that there was no issue apart from the price been so ridiculous first day they took the decision to earn a quick buck for themselves

We did not mine ourselves for the first few weeks, and we have a witness who attests to that:

@ty13r

I know for a fact since I was at the facility all last week, that they did not mine anything day one and are still not mining for themselves now. We were up for over 48 hours straight trying to fix the issues and provide hashrate to the customers. One issue triggered several other issues and not having slept just made it harder to resolve the issues faster. It was an extremely tiring few days, but they got through it and are now trying to make it up to their customers.

what’s going on with these cloud mining companies and poor pricing models they are most certainly taking advantage of people not in the know

We didn’t set our prices, our customers did via an auction.

they should have passed on all of the speed increases to customers

We did, and more. Our code got 42 H/s as of a couple weeks before launch. Currently, the best miner we can use (Linux) gets about 140 H/s on the same hardware. That’s 3.3x faster. We’re giving 4x to 12x as much hashrate as our customers paid for.