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Topic: Hashie.co - Cloud Mining from 0.0012 BTC / GH | NEW: AMHash | FREE 10 GH - page 110. (Read 160461 times)

full member
Activity: 322
Merit: 100
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
Hi everyone,

We're experiencing another DDoS attack on our website. We're working on mitigating this attack.

Please keep in mind that our mining is not affected in the slightest.

-Sahra
newbie
Activity: 40
Merit: 0
hope its not the same crap as bit-mining.co was that was the same thing the end of the story you all know... no proof...

but nice to test hehe

hmm spending bitcoins to them ?? no way !!!

i lost already at other services like that so ppl take care

in the support section there is a screen shot of hashie when it was pointed at btcguild. of course there could always be the chance of photoshop or forgery but you have to take it as you will. if they decide to post photos of equipment etc...sure that would be awesome but even if not they have provided a measure of evidence/proof.
full member
Activity: 182
Merit: 100
how about giving us the option to merged mine like at cex.io


dvc, nmc and any other sha 256 coin?
t96
newbie
Activity: 28
Merit: 0
Are the new features coming soon? Cool
member
Activity: 89
Merit: 10
hope its not the same crap as bit-mining.co was that was the same thing the end of the story you all know... no proof...

but nice to test hehe

hmm spending bitcoins to them ?? no way !!!

i lost already at other services like that so ppl take care
legendary
Activity: 2016
Merit: 1107
any payout proof,any facilites pics,mining pool your th are atm with the stats? or is this another hashprofit?
t96
newbie
Activity: 28
Merit: 0
cannot wait for the new features to roll out today Wink
copper member
Activity: 2898
Merit: 1465
Clueless!
well at the price you charge for gh that is still 36.4% of whatever I mined...so still does not look too rosy

That's not really correct either. We charge maintenance fees in USD. This means the maintenance fee as a percentage depends on the Bitcoin price. As the Bitcoin price increases, the increase in your miner earnings increases faster than the Bitcoin price increase.

We're unable to make any predictions as all of them depend on future variables, and we're not in a neutral position to make those predictions.

-Sahra


I don't disagree but that is what you charge per 10gh and 10gh is not a very big number so to speak ....does amount to a chunk

again not trying to slam anything here...just at current btc prices and the rest.....at least at the very low end min looking at the service point of view (30gh)

and again that is including 1/3 of that as a freebie by you...well....anyway people can draw their own conclusions on all this my bad math and all

I'll leave it at that (trying not to mess up your party ..it is your thread so to speak)....

again may just toss you the 30gh just to see how this all works out to watch but at current btc prices etc...it has you at a disadvantage to say the least

and people wanting to virtual mine even more so

I'll leave it at that and move on ..people are adults they can make their own choices...perhaps btc will shoot to 800 usd and all will be well


Searing
full member
Activity: 322
Merit: 100
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
well at the price you charge for gh that is still 36.4% of whatever I mined...so still does not look too rosy

That's not really correct either. We charge maintenance fees in USD. This means the maintenance fee as a percentage depends on the Bitcoin price. As the Bitcoin price increases, the increase in your miner earnings increases faster than the Bitcoin price increase.

We're unable to make any predictions as all of them depend on future variables, and we're not in a neutral position to make those predictions.

-Sahra
copper member
Activity: 2898
Merit: 1465
Clueless!
even if the above eventually DID hit 10gh as they advertised on my 1 day payout above and esp if you have to give them another 20gh or $9.80 to get any your 10gh

Hi Searing,

Your payout only covered 6.11 GH as your miner was only active for 61% of the day / payout period. When you purchase a miner halfway through the day, you'll obviously only receive half of the full day's payout.

Furthermore, 61% to 100% is not an increase of 40%. It is an increase of (100/60) = 63%.

-Sahra


well at the price you charge for gh that is still 36.4% of whatever I mined...so still does not look too rosy

the point is you charge that fee on what is mined.....so even if i raise the above by 63% as you want (figuring i am following you)

that would kick it from my orig $$ amount per month for 10 gh to  0.00005582 x 63% 0.0000909866 (4c a day) or 1.20 or at 30 gh $3.60m

remember I need to invest 9.80 usd to get to that 30gh does not work as well w/o that 1/3 improvement at my minisule 30gh investment otherwise for larger amounts

admittedly that is better  but still hard to see how I'd get the $9.80 back ....instead of being down 1/2 if I follow you correctly only down 1/3 from buying btc vs this mining

again btc price could double diff could stay low you be from a country with 40% inflation and this looks like a good hedge

just saying

Searing

by the by feel free to correct my math using my 1 day payout for the time involved...i'm not proud.....but spell it out in a manner like I did above for us if you please


full member
Activity: 322
Merit: 100
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
even if the above eventually DID hit 10gh as they advertised on my 1 day payout above and esp if you have to give them another 20gh or $9.80 to get any your 10gh

Hi Searing,

Your payout only covered 6.11 GH as your miner was only active for 61% of the day (payout period). When you purchase a miner halfway through the day, you'll obviously only receive payout for half of the day.

Furthermore, 61% to 100% is not an increase of 40%. It is an increase of (100/60) = 63%.

-Sahra
copper member
Activity: 2898
Merit: 1465
Clueless!
well here are my results for 1 day hashing on my 10gh free account

Transaction details
Type   payout
Amount   0.00005582
Time   2014-10-22 00:00:02
Earnings   0.00008783
Fees   0.00003201
Nominal hashpower (GH)   10.00
Actual hashpower (GH)   6.1130105208333

the fees for 1 day of 10gh is exactly 0.3644540589775703 % of my daily payout or approx 36.4 % LOL Smiley

my remainder is btc per day (2c usd/m) or in 30 days 0.0016746 btc (65c usd/m) again if difficulty stayed the same.

so lets say I buy the required 20gh at $4.90 usd per 10gh

that would put me at an investment with my free 10gh for a total of 30gh at approx $9.80 usd

I would mine in 1 day (if using above) 0.00016746 btc (6c per day)  so the 30gh for 30 days would be $1.80 usd

notice above I only mined at 6.11gh this last day so lets say I should/would/could hit 10gh per as per above so take 40% add on above make 1st month $2.52.usd

well run this puppy out a few months and perhaps just perhaps I could get 1/2 of my orig investment of $9.80 usd back

now if bitcoin was to double to around 800 usd I could get it back that way....or if I just wanted to hide $$ from the wife this site may be worth it

but it looks from what I can tell a fools game above

although I may just give them $9.80 to watch this as cheap entertainment and just for the sheer balls of maybe pulling this off

(i'm bored need a hobby)

but from a math point of view above you are giving them 1/2 of whatever btc you put to their site imho or at the very least 34.6% in fees for every 10gh you mine

whatever again from a watch and scratch your head and shear chutzpah ...interesting to watch this little site...but except for amusement factor I could not recomend it

even if the above eventually DID hit 10gh as they advertised on my 1 day payout above and esp if you have to give them another 20gh or $9.80 to get any your 10gh

free option and are allowed to pay out

anyway correct my math if you please...but unless you are laundering $$$ or betting on 800 usd coin...or hiding cash from the wife etc (oh heck just want $9.80 of cheap

entertainment to see where this dust mining goes in say 180 days) .....I'd not put anything more then $10 in to this ...and again that is only cause I find it funny as hell

how this little cloud mining operation works...*but then again I'm pretty bored and amuse easily*

Searing
 
full member
Activity: 322
Merit: 100
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
hashie,

If your cloud mining service provides 100% of the theoretical maximum mining returns rather than actual mining returns, plus pays for orphaned blocks, then it would seem to me that hashie.co could not continue to exist for a long period of time.  E.g., the actual mining profits are on average always lower than the theoretical maximum, and you don't get paid for orphaned blocks, so how are you going to subsidize the losses?  If hashie grows, this problem gets worse and worse.  I would rather have hashie.co delivery a realistic and verifiable long term product versus a product that performs well initially but cannot last (note that many PPS pools went belly up for this reason in the past).

I have purchased 2 Ths as a test, but I am concerned about this greatly.

Best regards,

8cyls

Hi 8cyls,

Thanks for your concern. We cover paying theoretical maximum mining returns for the Bitcoin network through merged mining and other methods. Smiley

We're not losing money by paying theoretical maximum mining returns.

-Sahra
sr. member
Activity: 434
Merit: 254
hashie,

If your cloud mining service provides 100% of the theoretical maximum mining returns rather than actual mining returns, plus pays for orphaned blocks, then it would seem to me that hashie.co could not continue to exist for a long period of time.  E.g., the actual mining profits are on average always lower than the theoretical maximum, and you don't get paid for orphaned blocks, so how are you going to subsidize the losses?  If hashie grows, this problem gets worse and worse.  I would rather have hashie.co delivery a realistic and verifiable long term product versus a product that performs well initially but cannot last (note that many PPS pools went belly up for this reason in the past).

I have purchased 2 Ths as a test, but I am concerned about this greatly.

Best regards,

8cyls
legendary
Activity: 1610
Merit: 1000
Well hello there!
Went ahead and purchased 20 GH.  Will try to report back my findings here.
sr. member
Activity: 331
Merit: 252
Quote
Went ahead and signed up for an account.  Miner details are pretty lacking sadly.  Would nice to see some additional statistics.  Anyhoo, if it turns out to be legit I might recommend it to a couple of friends.

Hi - everyday there will be improvements as it has been only 7 days since officially opened.

Quote
bbit has been around for awhile so presuming his account hasn't been recently purchased by some huckster (ahem), these are some pretty darn decent prices.  That being said I'm going to wait and see if free miner actually functions.  

No, this is me Bbit the only one you know from everywhere. I've taken a Marketing role/Customer service role. I won't steer you wrong!

The FREE miner will work for you.  

I have received payout from my free 10gh.  Up to 60gh now.  
copper member
Activity: 2898
Merit: 1465
Clueless!
Went ahead and signed up for an account.  Miner details are pretty lacking sadly.  Would nice to see some additional statistics.  Anyhoo, if it turns out to be legit I might recommend it to a couple of friends.

bbit has been around for awhile so presuming his account hasn't been recently purchased by some huckster (ahem), these are some pretty darn decent prices.  That being said I'm going to wait and see if free miner actually functions.  



ditto ..have not bought any yet ...if i do it will be the 4.90 price to watch this
legendary
Activity: 1330
Merit: 1000
Bitcoin
When you get the moment.
legendary
Activity: 1610
Merit: 1000
Well hello there!
Went ahead and signed up for an account.  Miner details are pretty lacking sadly.  Would nice to see some additional statistics.  Anyhoo, if it turns out to be legit I might recommend it to a couple of friends.

bbit has been around for awhile so presuming his account hasn't been recently purchased by some huckster (ahem), these are some pretty darn decent prices.  That being said I'm going to wait and see if free miner actually functions.  
full member
Activity: 182
Merit: 100
got 2 referrals using the banners at my faucet but they are all poor and dont bought nothing.


that's the reason to allow small buys and give the 10 ghs only when they reach 20 ghs bought.
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