Hashie.co - Cloud Mining from 0.0012 BTC / GH | NEW: AMHash | FREE 10 GH - page 81.

yvv

legendary

Activity: 1344

Merit: 1000

.

Quote from: corygto on November 24, 2014, 01:55:00 PM

Quote from: yvv on November 24, 2014, 10:23:28 AM

Quote from: GermanGiant on November 24, 2014, 10:15:38 AM

There is not much difference between 5 year and 1 year, because after 1 year, u'll literally earn Satoshis in a month span, unless difficulty deeps down. Moreover, selling out is a bad exit strategy as sales commission will eat up your profit most of the time as discussed here...

No, selling out would be a good exit strategy, even with these ridiculous fees. But they don't let you to sell out. To be exact, you can sell out, but you can't withdraw your btc after this.

Maybe you just aren't smart enough to figure it out? I can't come up with any other explanation.

I sold 1.4 Th/s on Hashie and took all my BTC out within minutes after doing it. That 1.4 Th/s was all my hashing power at the time besides the free miner. I got my BTC out without a single hiccup.

Sounds like user error to me Roll Eyes

This does not make any sense, since they explicitly tell you that you are not able to withdraw without a payed miner, but I'll follow your advise and try to sell. Nothing makes sense in their service anyway.

thanks for advise

Snovell

member

Activity: 76

Merit: 10

Quote from: raskul on November 24, 2014, 02:58:21 AM

Quote from: corygto on November 24, 2014, 02:52:19 AM

Quote from: raskul on November 24, 2014, 02:50:35 AM

can I specify which pool I mine on?

Currently, no. However, I find that there are very few cloud mining services out there that will let you do that.

then this is not for me. thanks for your response.

Hashie is suppose to be releasing miner mods this week and there is speculation you will be able to change pools possibly so keep your eye out.

corygto

full member

Activity: 196

Merit: 100

Quote from: yvv on November 24, 2014, 10:23:28 AM

Quote from: GermanGiant on November 24, 2014, 10:15:38 AM

There is not much difference between 5 year and 1 year, because after 1 year, u'll literally earn Satoshis in a month span, unless difficulty deeps down. Moreover, selling out is a bad exit strategy as sales commission will eat up your profit most of the time as discussed here...

No, selling out would be a good exit strategy, even with these ridiculous fees. But they don't let you to sell out. To be exact, you can sell out, but you can't withdraw your btc after this.

Maybe you just aren't smart enough to figure it out? I can't come up with any other explanation.

I sold 1.4 Th/s on Hashie and took all my BTC out within minutes after doing it. That 1.4 Th/s was all my hashing power at the time besides the free miner. I got my BTC out without a single hiccup.

Sounds like user error to me Roll Eyes

yvv

legendary

Activity: 1344

Merit: 1000

.

Quote from: GermanGiant on November 24, 2014, 10:15:38 AM

There is not much difference between 5 year and 1 year, because after 1 year, u'll literally earn Satoshis in a month span, unless difficulty deeps down. Moreover, selling out is a bad exit strategy as sales commission will eat up your profit most of the time as discussed here...

No, selling out would be a good exit strategy, even with these ridiculous fees. But they don't let you to sell out. To be exact, you can sell out, but you can't withdraw your btc after this.

GermanGiant

hero member

Activity: 784

Merit: 501

Quote from: chmick on November 24, 2014, 06:30:36 AM

Quote from: GermanGiant on November 24, 2014, 03:32:41 AM

Quote from: SpanishSoldier on November 24, 2014, 03:10:34 AM

Quote from: DARKANGEL6415 on November 23, 2014, 07:41:39 PM

Quote from: chmick on November 23, 2014, 07:31:35 PM

Quote from: SpanishSoldier on November 23, 2014, 06:07:55 PM

Quote from: chmick on November 23, 2014, 05:57:36 PM

-snip-

Hello
here are mine for a gen1 plus 60GH amhash (could not find a more detailled view )

Type   payout
Amount   0.02012224
Time   2014-11-23 00:00:36
Earnings   0.03713804
Electricity   0.01701580
Hashpower (GH)   2976.03

Do u mean that u have got 0.02012224BTC from 2976.03Ghs in 24 hour ? That is effectively 54.18% of the theoretical yield 0.03713806BTC...

That's correct .

if that is correct and i will take your word for it that it is until someone says otherwise with proof. I will say it is pretty much in line with other service i use hashnest.com i think as of time me writting this was at 52.75% pay after the fees. I would like to see fees below 25% on all services if possible but need stronger btc i guess

Do u mean most of the cloud mining services are actually paying below 55% of the theoretical yield on an average ?

Not always. I have 100 Ghs with cloudmining.website and their latest payment is 0.00124106BTC, which is 99.45% of the theoretical yield 0.00124791BTC. I think PB mining payment is also better than 55%, though I dont have their latest data...

On important thing . On pbmining (and on the other website also i think..) you can not sell back your miner . it's a five years contract. You must trust the website and a have faith in ROI.

There is not much difference between 5 year and 1 year, because after 1 year, u'll literally earn Satoshis in a month span, unless difficulty deeps down. Moreover, selling out is a bad exit strategy as sales commission will eat up your profit most of the time as discussed here...

Quote from: ?? on ??

Quote from: Snovell on November 20, 2014, 03:37:36 PM

Quote from: ajw7989 on November 20, 2014, 03:07:37 PM

Great news however to be competitive with havelock you NEED to lower the market sell fees. Sure withdrawals and some features are better on hashie.co however the fee difference (0.4%) to 9% + about $1.1 is ridiculous.

I agree the Sell fees are way too high on Hashie but i think they do this to prevent people from selling and encourage holding.

One of the reasons is to prevent abuse of the free miner promo, we won't reveal more details.

chmick

full member

Activity: 236

Merit: 100

Quote from: GermanGiant on November 24, 2014, 03:32:41 AM

Quote from: SpanishSoldier on November 24, 2014, 03:10:34 AM

Quote from: DARKANGEL6415 on November 23, 2014, 07:41:39 PM

Quote from: chmick on November 23, 2014, 07:31:35 PM

Quote from: SpanishSoldier on November 23, 2014, 06:07:55 PM

Quote from: chmick on November 23, 2014, 05:57:36 PM

-snip-

Hello
here are mine for a gen1 plus 60GH amhash (could not find a more detailled view )

Type   payout
Amount   0.02012224
Time   2014-11-23 00:00:36
Earnings   0.03713804
Electricity   0.01701580
Hashpower (GH)   2976.03

Do u mean that u have got 0.02012224BTC from 2976.03Ghs in 24 hour ? That is effectively 54.18% of the theoretical yield 0.03713806BTC...

That's correct .

if that is correct and i will take your word for it that it is until someone says otherwise with proof. I will say it is pretty much in line with other service i use hashnest.com i think as of time me writting this was at 52.75% pay after the fees. I would like to see fees below 25% on all services if possible but need stronger btc i guess

Do u mean most of the cloud mining services are actually paying below 55% of the theoretical yield on an average ?

Not always. I have 100 Ghs with cloudmining.website and their latest payment is 0.00124106BTC, which is 99.45% of the theoretical yield 0.00124791BTC. I think PB mining payment is also better than 55%, though I dont have their latest data...

On important thing . On pbmining (and on the other website also i think..) you can not sell back your miner . it's a five years contract. You must trust the website and a have faith in ROI.

Puppet

legendary

Activity: 980

Merit: 1040

Quote from: zerocoder on November 24, 2014, 04:20:21 AM

Sharing the mining address means is to be tracked by not all your customers but also by your competitors (company's internal spending and other things) and it can constitute a security vulnerability also as you know most of those firms have their own proprietary software for max the output of their hardware also renting their power to 3rd parties time to time.

Nonsense. It reveals nothing other than what they want to reveal. If for whatever reason they are paranoid about their BTC expenditures other than to their investors, they can easily mix those coins afterwards, instead of mixing them before they pay their investors.

Quote

So this is their internal company business do you know any cloud mining company sharing their BTC mining address?

Yes. In fact all credible (cloud) mining companies do. You can see a list here:
https://bitcointalksearch.org/topic/cloudmining-101-860400

zerocoder

full member

Activity: 252

Merit: 100

Quote from: raskul on November 24, 2014, 04:34:04 AM

no, that does not mean i can manually input the pool i wish to mine on, it means that you can rent your rigs to other users to mine on 'the mintsy pool'
and i certainly don't want to mine shitcoins.

Yup then the only option left out seems like buying hardware and moving india for cheap electricity

Whatsoever, I didn't know that. Thanks

raskul

sr. member

Activity: 434

Merit: 250

Quote from: zerocoder on November 24, 2014, 04:28:47 AM

Quote from: raskul on November 24, 2014, 04:21:34 AM

nowhere on their website does it state that i will have control over the pool on which I mine.

It says you are able to rent your power, so if you are able to rent that means you are able to change the pools right? Also mintsy says, you will be able to mine any coin cryptsy list. So I am not so sure but it makes me feel like having your own hardware.

no, that does not mean i can manually input the pool i wish to mine on, it means that you can rent your rigs to other users to mine on 'the mintsy pool'
and i certainly don't want to mine shitcoins.

zerocoder

full member

Activity: 252

Merit: 100

Quote from: raskul on November 24, 2014, 04:21:34 AM

nowhere on their website does it state that i will have control over the pool on which I mine.

It says you are able to rent your power, so if you are able to rent that means you are able to change the pools right? Also mintsy says, you will be able to mine any coin cryptsy list. So I am not so sure but it makes me feel like having your own hardware.

raskul

sr. member

Activity: 434

Merit: 250

Quote from: zerocoder on November 24, 2014, 04:10:06 AM

Quote from: raskul on November 24, 2014, 02:58:21 AM

Quote from: corygto on November 24, 2014, 02:52:19 AM

Quote from: raskul on November 24, 2014, 02:50:35 AM

can I specify which pool I mine on?

Currently, no. However, I find that there are very few cloud mining services out there that will let you do that.

then this is not for me. thanks for your response.

There is a new service coming from mintsy, which let you rent your hash rate and change pools. So maybe, you should wait for it.

nowhere on their website does it state that i will have control over the pool on which I mine.

zerocoder

full member

Activity: 252

Merit: 100

Quote from: Puppet on November 24, 2014, 04:11:25 AM

Quote from: suchmoon on November 24, 2014, 03:44:28 AM

I realize this doesn't prove anything but if you want your words to be taken seriously maybe you should lean more on facts than on paint jobs.

So now we have 2 screenshots, great!

And indeed it doesnt prove anything, even if the screenshots are genuine. All it proves is that someone with ~80TH allowed to change their btcguild name for a brief moment or someone rented the hashrate out for what appears to have been a very short period.

Also, please stop trying to turn the burden of proof around. Hashie is claiming to own the hashrate it sells and gives away. Hashie is the one collecting customer coins. The burden of proof is upon them. If they are truthful, its ridiculously easy for them to prove, we have a public blockchain after all.

Sharing the mining address means is to be tracked by not all your customers but also by your competitors (company's internal spending and other things) and it can constitute a security vulnerability also as you know most of those firms have their own proprietary software for max the output of their hardware also renting their power to 3rd parties time to time. So this is their internal company business do you know any cloud mining company sharing their BTC mining address?

I am new in mining mostly prefer exchange I would be really happy if you share one of those cloud companies sharing their mining address

Puppet

legendary

Activity: 980

Merit: 1040

Quote from: suchmoon on November 24, 2014, 03:44:28 AM

I realize this doesn't prove anything but if you want your words to be taken seriously maybe you should lean more on facts than on paint jobs.

So now we have 2 screenshots, great!

And indeed it doesnt prove anything, even if the screenshots are genuine. All it proves is that someone with ~80TH allowed to change their btcguild name for a brief moment or someone rented the hashrate out for what appears to have been a very short period.

Also, please stop trying to turn the burden of proof around. Hashie is claiming to own the hashrate it sells and gives away. Hashie is the one collecting customer coins. The burden of proof is upon them. If they are truthful, its ridiculously easy for them to prove, we have a public blockchain after all.

zerocoder

full member

Activity: 252

Merit: 100

Quote from: raskul on November 24, 2014, 02:58:21 AM

Quote from: corygto on November 24, 2014, 02:52:19 AM

Quote from: raskul on November 24, 2014, 02:50:35 AM

can I specify which pool I mine on?

Currently, no. However, I find that there are very few cloud mining services out there that will let you do that.

then this is not for me. thanks for your response.

There is a new service coming from mintsy, which let you rent your hash rate and change pools. So maybe, you should wait for it.

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: Puppet on November 24, 2014, 03:12:01 AM

Where? You mean that screenshot of btcguild?

If you're trying to imply that the screenshot was fake you're wrong. I took one myself:

https://bitcointalksearch.org/topic/m.9322511

I realize this doesn't prove anything but if you want your words to be taken seriously maybe you should lean more on facts than on paint jobs.

For example if you have a reasonable explanation showing that the hashrate shown on that screenshot comes from a rental or some other source that is not hashie's own I'm sure we would all like to see it.

GermanGiant

hero member

Activity: 784

Merit: 501

Quote from: SpanishSoldier on November 24, 2014, 03:10:34 AM

Quote from: DARKANGEL6415 on November 23, 2014, 07:41:39 PM

Quote from: chmick on November 23, 2014, 07:31:35 PM

Quote from: SpanishSoldier on November 23, 2014, 06:07:55 PM

Quote from: chmick on November 23, 2014, 05:57:36 PM

-snip-

Hello
here are mine for a gen1 plus 60GH amhash (could not find a more detailled view )

Type   payout
Amount   0.02012224
Time   2014-11-23 00:00:36
Earnings   0.03713804
Electricity   0.01701580
Hashpower (GH)   2976.03

Do u mean that u have got 0.02012224BTC from 2976.03Ghs in 24 hour ? That is effectively 54.18% of the theoretical yield 0.03713806BTC...

That's correct .

if that is correct and i will take your word for it that it is until someone says otherwise with proof. I will say it is pretty much in line with other service i use hashnest.com i think as of time me writting this was at 52.75% pay after the fees. I would like to see fees below 25% on all services if possible but need stronger btc i guess

Do u mean most of the cloud mining services are actually paying below 55% of the theoretical yield on an average ?

Not always. I have 100 Ghs with cloudmining.website and their latest payment is 0.00124106BTC, which is 99.45% of the theoretical yield 0.00124791BTC. I think PB mining payment is also better than 55%, though I dont have their latest data...

Puppet

legendary

Activity: 980

Merit: 1040

Quote from: corygto on November 24, 2014, 02:49:13 AM

Yeah I feel like people are too hard on Hashie. I mean sure they rent the hashing power,

Rent it? Who do you think rents out real hashrate at even lower rates? And if they rent it, whats stopping them from no longer paying the rent and running off with your coins?

Quote

but they were honest about that and told people upfront.

I must have missed that. Can you link?

Quote

They also went out of their way to get the AMHash deal just to prove to people that they are here to stay.

First of all, what does it prove? Not a damn thing.
Secondly, why would they even offer AMhash if they have their own mine? If you read hashie's homepage it says "Plenty of cloud mining services oversell or don't even have any hardware. Hashie's AMHash miners are guaranteed to be 100% real hashpower, operated jointly by ASICMiner and Rockminer."

Thats a true statement from start to finish. BUt they are not saying anything like that about their own hashrate. Which implies exactly what I and so many others have been saying all along: They 'oversell or dont even have any hardware'. Ergo, hashie is a mining ponzi.

Quote

Along with moving their hashing power to public pools so people could see with their own eyes that they have the hash available.

Where? You mean that screenshot of btcguild?

SpanishSoldier

sr. member

Activity: 728

Merit: 256

Quote from: DARKANGEL6415 on November 23, 2014, 07:41:39 PM

Quote from: chmick on November 23, 2014, 07:31:35 PM

Quote from: SpanishSoldier on November 23, 2014, 06:07:55 PM

Quote from: chmick on November 23, 2014, 05:57:36 PM

-snip-

Hello
here are mine for a gen1 plus 60GH amhash (could not find a more detailled view )

Type   payout
Amount   0.02012224
Time   2014-11-23 00:00:36
Earnings   0.03713804
Electricity   0.01701580
Hashpower (GH)   2976.03

Do u mean that u have got 0.02012224BTC from 2976.03Ghs in 24 hour ? That is effectively 54.18% of the theoretical yield 0.03713806BTC...

That's correct .

if that is correct and i will take your word for it that it is until someone says otherwise with proof. I will say it is pretty much in line with other service i use hashnest.com i think as of time me writting this was at 52.75% pay after the fees. I would like to see fees below 25% on all services if possible but need stronger btc i guess

Do u mean most of the cloud mining services are actually paying below 55% of the theoretical yield on an average ?

raskul

sr. member

Activity: 434

Merit: 250

Quote from: corygto on November 24, 2014, 02:52:19 AM

Quote from: raskul on November 24, 2014, 02:50:35 AM

can I specify which pool I mine on?

Currently, no. However, I find that there are very few cloud mining services out there that will let you do that.

then this is not for me. thanks for your response.

corygto

full member

Activity: 196

Merit: 100

Quote from: raskul on November 24, 2014, 02:50:35 AM

can I specify which pool I mine on?

Currently, no. However, I find that there are very few cloud mining services out there that will let you do that.

Topic: Hashie.co - Cloud Mining from 0.0012 BTC / GH | NEW: AMHash | FREE 10 GH - page 81. (Read 160461 times)