Author

Topic: Cognitive Mining vs Hashrack.com (Read 645 times)

sr. member
Activity: 350
Merit: 250
May 24, 2013, 04:51:47 AM
#7
so hashrack.com is the similar service to mining united? You buy a hash power for a day or two?

Has anyone here tried this service?
legendary
Activity: 1722
Merit: 4711
**In BTC since 2013**
May 24, 2013, 04:32:37 AM
#6
Hashrack.com:

Already in operation?
Someone is using this service?
newbie
Activity: 46
Merit: 0
May 04, 2013, 02:58:46 AM
#5
Quote

3%

Ah thank you
newbie
Activity: 9
Merit: 0
May 02, 2013, 05:19:48 PM
#4
amazing !!
member
Activity: 100
Merit: 10
May 02, 2013, 05:07:23 PM
#3
Not sure about cognitive mining but as far I can can HashRack seems to just be offloading all the financial risk onto the owners of the hashpacks.

scenario 1
You buy an ASIC from BFL
Wait for it to be delivered turn it on
Pay for electricity and keep it running
Profit

Scenario 2
They buy an ASIC from BFL
You both wait for it to be delivered, they turn it on
They pay for electricity and keep it running
Profit - HashRack fee

Essentially all hashrack are doing is getting you to pay for the ASIC, then skimming off a fee off the top for up keep. Although I can't see what the fee is on the site.

3%
newbie
Activity: 46
Merit: 0
May 01, 2013, 07:45:31 AM
#2
Not sure about cognitive mining but as far I can can HashRack seems to just be offloading all the financial risk onto the owners of the hashpacks.

scenario 1
You buy an ASIC from BFL
Wait for it to be delivered turn it on
Pay for electricity and keep it running
Profit

Scenario 2
They buy an ASIC from BFL
You both wait for it to be delivered, they turn it on
They pay for electricity and keep it running
Profit - HashRack fee

Essentially all hashrack are doing is getting you to pay for the ASIC, then skimming off a fee off the top for up keep. Although I can't see what the fee is on the site.
sr. member
Activity: 392
Merit: 250
April 26, 2013, 05:04:20 PM
#1
Which one would you choose?
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