Topic: HASHNEST Discussion and Support Thread - page 102. (Read 660097 times)

Last time I checked hashnest was a while back.

So please correct me here, but there used to be some sort of buy and sell category for contracts? is this no longer a option or is this under a seperate section I`m not aware of?

I read that the miners that buyers received appear to be used. They are not brand new.

This not sure and there is not official news by hashnest team also about the adding s9 ..but hope to come soon

When will ome the s9 on the market on hashneest?
Somebody knows this?

Would be great to hear about Wanted to try some investments on the new chip

regards

Yes as i cansee already started selling and batch one si already reach to buyer and now in batch 3 ..but still to come in hashnest panel

Not that I see yet.

is the s9 finally for market sale online? 

I have had the exact same thought a couple of days ago lol


Thanks so much for sharing!

So did you end up selling your S5 hashrate in the end or did you get the hardware sent to your home or what happened once those S5 miners werent profitable anymore (Or are they still?)

hey lechatelier, sorry I don't have enough time to get charts and all that, but I can tell you my experience. I purchased more or less 1.5 TH of S5 shares since shortly after their launch (was it a year ago?), until the shutdown of S5 mining recently. I got ROI and a little more (around 20% profit) but that includes also profit from trading shares on the market.
As you probably know, hashnest deducts the cost of electricity and manteinance from your mining earnings, in dollars. So when the price of bitcoin goes up, the manteinance cost is a small fraction of the payout (as few BTC equals more USD), but when BTC goes down in price or difficulty spikes too much, your earnings get smaller. This happens until earnings are almost zero at the end of a miner's lifespan (when difficulty is too high), then hashnest offers you the choice to redeem the machine(s) physically (but who would like to pay for shipping of a heavy and noisy heater) or sometimes will offer you some kind of discount coupon instead if you prefer. Unless you somehow have free electricity and live close to china, I don't think shipping the miner is worth it.

You can always trade those shares representing hash power on their electronic market, but it can be hard to decide if you want to sell it for instant gains, or keep the hash to receive mining income (like stock "dividends"). To make those decisions, you should make your own calculations like "price per GH/s", how much more expensive or cheap it would be for you to just buy or sell btc, or buy a physical miner, etc, and also time needed for ROI in case you would prefer to just "buy and hold". To calculate ROI time, this link is useful: http://nextdifficulty.com/

It will show you the time for ROI at current difficulty, for the kind of shares you have.

I know it's weird, but I think this cloud mining isn't so good as an investment, but more as a way of forcing you to spend your BTC little by little, since you get it back in drops until ROI, lol.

Good luck.

Thanks for your input but that's way too vague. I was looking for first hand experience by users that have actually been invested in Hashnest for a long period of time. Numbers, charts, excel spreadsheets, screenshots: In short, your journey on Hashnest - that's what I was looking for. I'd love it if some of you would share their wisdom .. at least a little of it : )

Thanks!

investing in cloud mining is completely deepen on your wish and roi take long time ..so its like slow return ..ad as for hashnest its best right because you even sell it if you not minign where as otehr company you can't sell it ..about s9 its price is quite high ..i think we should wait for 2-3 month before buying it ..hope at that time price will be stabilize

Hashnest newcomer here, wanted to address some more experienced, long-term cloud miners with a couple of question : )


First of all: What's your overall experience with Hashnest? It seems to be one of the truly legit (meaning they mine themselves) cloud mining services around. Are you satisfied with them as a company? Ever had any issues with withdrawals etc?

Secondly, what are your two cents on ROI? Have you ever made it? If so, how long did it take and how much net profit were you able to make after hitting that sweet ROI?

And finally: Is this a good time to start? Or should I wait for the new S9 units and the halvening to happen before even thinking about investing?


I would really appreciate some first hand experience! A customer's judgement speaks volumes about a company and I would be really thankful for some valuable opinions on Hashnest : )

Thanks!!

Good point. In fiat terms, it's a good gain!


That's why I am looking forward for PacMi5 contract...if there is going to be one.

So roughly 8 months for a .0378 profit. I guess that really isn't bad because that's near 4% of very safe interest in 2/3 of a year. So overall that's around 6% interest a year on your Bitcoin's. Pretty good!

And HUGE profit in fiat

@Crazyivan

My PacMi4 expired about 4 days ago on 11 June. The contract began 16 Oct. Profit: 0.0378 BTC

I was looking forward to S9 and I thought the trading would start after Hashnest is up. Everyone here is hanging tight for S9! 

Looks like some members here have received their S9: https://bitcointalksearch.org/topic/m.15215737

I'm waiting for the s9 because it's too risky for me to put a large amount of money into s7 without knowing how the halving will truly affect difficulty and price.

What do you Guys think of the actuall Hashnest market. you could purchase an s7. but maybe its better to wait for the s9??

Big WHAMMY I think we are all waiting for the big news that Hashnest will launch their new powerful miners that are currently the best in the world for us to buy hashes to so they host it for us. I'm still not expecting it before halving.