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Topic: [ANN] MinerFarm - Virtual Mining Game for Real Bitcoin - page 38. (Read 85603 times)

newbie
Activity: 58
Merit: 0
Hard to tell how often they'll be rented, but assuming a large player base is never going to invest they'll be forced to lease them as their miners will require repairs before they have enough to outright purchase techs.

so, for repair or get back my ghs which decreased, i need to hire technicians, but the technician is permanent right? so if my hardware have a damage and need to repair, the technician repair it automatically?

Technicians do not repair automatically, you have to chose when to repair your device. If you buy a tech it is permanent. But you can also rent from employee market for 1 hour, it's cheaper than buying.

Hmmm, but that means it could be profitable to purchase them as a type of investment. I wonder how often they're rented?
legendary
Activity: 1988
Merit: 1007
so, for repair or get back my ghs which decreased, i need to hire technicians, but the technician is permanent right? so if my hardware have a damage and need to repair, the technician repair it automatically?

Technicians do not repair automatically, you have to chose when to repair your device. If you buy a tech it is permanent. But you can also rent from employee market for 1 hour, it's cheaper than buying.

Hmmm, but that means it could be profitable to purchase them as a type of investment. I wonder how often they're rented?
newbie
Activity: 58
Merit: 0
On technicians that are leased for 60 minutes, the "hire out" button pops up but they can not be hired out of you don't actually own them.  Might consider removing the button.

so, for repair or get back my ghs which decreased, i need to hire technicians, but the technician is permanent right? so if my hardware have a damage and need to repair, the technician repair it automatically?

Technicians do not repair automatically, you have to chose when to repair your device. If you buy a tech it is permanent. But you can also rent from employee market for 1 hour, it's cheaper than buying.
hero member
Activity: 826
Merit: 1000
so, for repair or get back my ghs which decreased, i need to hire technicians, but the technician is permanent right? so if my hardware have a damage and need to repair, the technician repair it automatically?

Technicians do not repair automatically, you have to chose when to repair your device. If you buy a tech it is permanent. But you can also rent from employee market for 1 hour, it's cheaper than buying.
full member
Activity: 383
Merit: 100
so, for repair or get back my ghs which decreased, i need to hire technicians, but the technician is permanent right? so if my hardware have a damage and need to repair, the technician repair it automatically?
newbie
Activity: 58
Merit: 0
This is an interesting game! Just got started with it and am evaluating it, Smiley. I'm curious, though, as I didn't see anything related to this: how accurate is this in terms of RL earnings vs. in-game earnings? And are the "blocks" in-game based on RL blocks that are mined by you, or in BTC in general, or?

And how often are earnings added to the user balances?

According to the FAQ, the difficulty of mining in the game follows the difficulty in real life, but the FAQ also specify that blocks are released at certain intervals and of a certain minimum amount.  So there is a guaranteed block each hour, but the pool who gets that block is determined by chance per their hashing capabilities as a team.

So earnings are added to users balances immediately following the discovery of that block.

I'm under the impression the blocks that are found are not based on actual blocks are also simulated, but I'm not entirely sure and haven't looked into it.  But the reason I assume they're virtual is because you can't guarantee a block being found in real life each hour.  I mean, with the amount of hashing power existing there's tons of blocks being found, but ultimately the guarantees of blocks being released made in MinerFarm don't correspond to the lack of guarantees in real life.

Hopefully that makes sense.


And thanks for the response ron on Bitmain.  Regardless of what side of an argument individuals are on, for or against something, I think its great to be able to discuss and in those discussions find new interests - and so I've been looking to Hashnest to see what it is all about.
member
Activity: 90
Merit: 10
newbie
Activity: 58
Merit: 0
The simple answer is that people are desperate to make easy, big money.  I don't think that that's what MinerFarm bills itself as, but its especially true I feel here in the crypto-currency crowd where everyone is grasping on to whatever new thing that comes along with the hopes that jumping on the band wagon early will result in massive earnings - and I think in a lot of cases that clouds their vision of actually analyzing a project for what it is or what it is not.

Isn't Hashnest also at the mercy of Bitmain just deciding to shut down their servers for whatever reason?  Perhaps I am not well versed on Hashnest of Bitmain...

I guess what I really don't understand is why smart people like us would prefer to waste time with Minerfarm instead of a well known cloudhash platform like Hashnest, the only reason I even used Minerfarm was because I didn't know about Hashnest.

I have to say Bitmain runs their cloud hashing business excellently, you know what hardware is backing your GHS and *there is data available on when the market will close*. If someone invests in Hashnest a day before the market closes, I would call them an idiot; all the data is available and they just didn't bother educating themselves. However on MinerFarm if someone makes a deposit the day before the site closes (and it will close, there is no method of sustainability unless a miner will never reach ROI due to "game events"), I would say they got scammed; no way to know anything about the game/market status.


MinerFarm is based on an interesting concept and makes use of a pretty good user interface. However, the game is clearly designed to be a waste of time without additional investment.

I don't get how this isn't just a dirt cheap team or facebook game you play with tokens to compete with your friends, consider what you would think if any of your other stupid games suddenly required hundreds of $$ of real investment to play. SMH at people deciding to "invest" their money in subpar, nontransparent opportunities.
legendary
Activity: 1988
Merit: 1007
This is an interesting game! Just got started with it and am evaluating it, Smiley. I'm curious, though, as I didn't see anything related to this: how accurate is this in terms of RL earnings vs. in-game earnings? And are the "blocks" in-game based on RL blocks that are mined by you, or in BTC in general, or?

And how often are earnings added to the user balances?
member
Activity: 90
Merit: 10
But if don't get a login every day, my ghs free decrease? Because i don't sign in for 3-4 day and now have only 9 ghs. How i can re up ?

These are two separate issues.

1) Miners slowly lose effectiveness and decrease your GHS. As ElscottHavoc mentioned, you can use a technician to repair these.
2) Not signing in for 2-3 days stops all your miners completely. Whether or not they continue to lose effectiveness during this period is unclear.

member
Activity: 90
Merit: 10
I guess what I really don't understand is why smart people like us would prefer to waste time with Minerfarm instead of a well known cloudhash platform like Hashnest, the only reason I even used Minerfarm was because I didn't know about Hashnest.

I have to say Bitmain runs their cloud hashing business excellently, you know what hardware is backing your GHS and *there is data available on when the market will close*. If someone invests in Hashnest a day before the market closes, I would call them an idiot; all the data is available and they just didn't bother educating themselves. However on MinerFarm if someone makes a deposit the day before the site closes (and it will close, there is no method of sustainability unless a miner will never reach ROI due to "game events"), I would say they got scammed; no way to know anything about the game/market status.


MinerFarm is based on an interesting concept and makes use of a pretty good user interface. However, the game is clearly designed to be a waste of time without additional investment.

I don't get how this isn't just a dirt cheap team or facebook game you play with tokens to compete with your friends, consider what you would think if any of your other stupid games suddenly required hundreds of $$ of real investment to play. SMH at people deciding to "invest" their money in subpar, nontransparent opportunities.
sr. member
Activity: 322
Merit: 250
Bonus Claim Url: http://betonline.wager.bz
But if don't get a login every day, my ghs free decrease? Because i don't sign in for 3-4 day and now have only 9 ghs. How i can re up ?
yes i get same problem like you my ghs only 9 ghs and i dont know my earning is still same or not but i get my earning even i'm not login

Your miners are working and loosing some performance. It is normal like same real world. Just think, if you do not look after your computer, your computer will have problem then loose performance. If you want a full performance, you can fix it with a technician.
sr. member
Activity: 266
Merit: 250
But if don't get a login every day, my ghs free decrease? Because i don't sign in for 3-4 day and now have only 9 ghs. How i can re up ?
yes i get same problem like you my ghs only 9 ghs and i dont know my earning is still same or not but i get my earning even i'm not login
newbie
Activity: 14
Merit: 0
it would be a good idea to sell some cheeper miners.  Maybe even .001 bitcoin a piece.  It would make the non depositors fell like they are making progress and in turn can cause them to deposit more
newbie
Activity: 58
Merit: 0
But if don't get a login every day, my ghs free decrease? Because i don't sign in for 3-4 day and now have only 9 ghs. How i can re up ?

According to the official Help page, you must login at least once every "2-3 days" (yes, that's exactly the vague wording in the FAQ) otherwise miners will pause. 
I'm not exactly sure if the hashing power decreases even if your devices are paused, but decreasing efficiency (lower hashing power) is a feature in the game that simulates deteriorating hardware.  Whether the feature is realistic or not, it's simply an aspect of the game as a level of complexity.  You can increase the hashing power back to the original peak power by having the units repaired using a technician.  If you don't own a technician, you can also optionally lease them in the employee market from other individuals who have hired them out for a fee.

Technicians you lease are under your control for an hour, so there are some things to consider before just spending the money on repairs right away.  But, I'll probably look into that in more depth on my MinerFarmForums.com website as I've already made the mistake of repairing a miner prematurely and wasting money.
legendary
Activity: 1050
Merit: 1005
But if don't get a login every day, my ghs free decrease? Because i don't sign in for 3-4 day and now have only 9 ghs. How i can re up ?
newbie
Activity: 58
Merit: 0
I love the innovation in this. Good job so far. Hope everyone has fun with this one.

there isn't any referral program in the game right now.

Actually, there is a referral system.

http://www.minerfarm.com/reference

member
Activity: 90
Merit: 10
What exactly separates this from a gambling style ponzi mining operation?

I don't quite understand. These things pop up and disappear overnight. What are we investing into exactly?

Well the game itself doesn't force you to invest. You can literally used the allocated 10GH/s as a start of your potential earnings and it's up to you and your strategy on how will you multiply that. And besides, you have nothing to lose when you play it, unless you deposited something and your strategy doesn't play out well. It's a fun game though, and I'm getting hooked up into it. Smiley

Yes but with 10 free ghs, you can earn how many satoshi ? I have join the second day of game and later all this week my balance is 0.00017420฿ and the fee for withdraw is 0.0005  Grin

After 30-40 days you will get minimum withdrawal 100k satoshi, the withdrawal fee is 50k.

This leaves you with $0.12 for logging in 15-20 times and wasting your thoughts.
legendary
Activity: 1316
Merit: 1001
What exactly separates this from a gambling style ponzi mining operation?

I don't quite understand. These things pop up and disappear overnight. What are we investing into exactly?

Well the game itself doesn't force you to invest. You can literally used the allocated 10GH/s as a start of your potential earnings and it's up to you and your strategy on how will you multiply that. And besides, you have nothing to lose when you play it, unless you deposited something and your strategy doesn't play out well. It's a fun game though, and I'm getting hooked up into it. Smiley

Yes but with 10 free ghs, you can earn how many satoshi ? I have join the second day of game and later all this week my balance is 0.00017420฿ and the fee for withdraw is 0.0005  Grin
sr. member
Activity: 714
Merit: 250
Defend Bitcoin and its PoW: bitcoincleanup.com
Yeah that's another strange thing. The concept is clearly popular, but I'm just unsure of the exact mechanics still.

I haven't logged in for a few days, I expect my miner will have deteriorated then (if I understand correctly?)

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