Kryptik
95 posts


@CloudMiningus I haven’t gotten anything in three hours, are you sure?
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@CloudMiningus Glad to see everything is back up and running. I really do like this project a lot but maybe for future reference if there is a delay or something not going as planned it would do a lot to keep the community updated. I think a lot of people lost some trust
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Within the next 24–48 hours, we are working to add another 500 TH/s to CloudMining.
Right now, the community voted to redirect most of the dividends back into more TH/s power, because the main goal is to grow the mining power first. That is why the payouts are smaller at the moment.
After we complete this upgrade, CloudMining will be running around 2500 TH/s, and then 100% of the dividends will go back to the holders.
With 2500 TH/s running, people holding around 5–10 million Cloud tokens could receive around $4–$7 per cycle, depending on the mining results and market conditions.
The cycles are planned to run around every 30 minutes.
So the simple explanation is this: right now we are using the dividends to buy more TH/s, so the system becomes stronger. After the next 24–48 hours, the upgrade should be completed, and then the full dividend system will be turned back on for the holders.
We are building this step by step, more servers, more TH/s, stronger payouts.
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I’m proud that we achieved something most projects never do.
Even with no volume right now, our servers can keep running for another 27 days. If volume comes in, we will increase the TH/s even more.
CLOUDMINING is not like most projects that depend only on volume, and when the volume dies, the project dies. We built a real system that can keep going and keep growing.
Thank you to everyone supporting us. We keep moving forward.
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@CloudMiningus Actually a dope project, really hoping people don’t fade
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We are making an update:
From now on, everyone holding at least 500,000 CLOUD tokens will receive dividends.
Right now, we are using 50% for rewards and 50% to increase our TH/s, so the system can keep growing stronger based on the community poll, I can see that most people want us to focus on increasing the mining power.
We are also changing the timer from 2 hours to 30 minutes. This way, new holders can see real dividends coming in faster instead of waiting 2 hours for the next cycle.
Thank you to everyone supporting CLOUDMINING. We keep building.
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