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Topic: HASHNEST Discussion and Support Thread - page 114. (Read 660097 times)

full member
Activity: 168
Merit: 100
Agree I believe in HashNest,I just wonder before investing if they are going to provide a better equipment bargain to deal with the bitcoin halving countdown, which will allow user to still profit by hashing.
hero member
Activity: 742
Merit: 500

what hashnest is going to do about that?

What Hashnest is doing - and very effectively: making a super profit

Sometimes - when the interests of Hashnest coincide with ours, we also get some profit

Alts are crap and money vote against investing in it
full member
Activity: 168
Merit: 100
I think hashnest must adds its services cloud mining not bitcoin only. But add ethereum or another alt coins who profitable. Even if that is rent only. But it is just my suggest

i think they cannot add other coins just so easy, because they have real farm of antminers and they can mine only bitcoins. to mine other coins, they will need other pools and miners

This is not going to be sustainable for long if BitCoin price wont rocket to the stars...
what hashnest is going to do about that?
hero member
Activity: 756
Merit: 501
I think hashnest must adds its services cloud mining not bitcoin only. But add ethereum or another alt coins who profitable. Even if that is rent only. But it is just my suggest

i think they cannot add other coins just so easy, because they have real farm of antminers and they can mine only bitcoins. to mine other coins, they will need other pools and miners
legendary
Activity: 910
Merit: 1000
I think hashnest must adds its services cloud mining not bitcoin only. But add ethereum or another alt coins who profitable. Even if that is rent only. But it is just my suggest
hero member
Activity: 742
Merit: 500

and about the profitability, you get 100 days brekeven period if you buy an A7 so after 75 days you may incur in a little break.

It is not true

You will need ~6 month with the same difficulty and BTC price as it is right now

full member
Activity: 168
Merit: 100
Some says that Hashnest cannot be trusted, any opinions? They had media exposure now. Please guide me.

check here about trust -> https://bitcointalksearch.org/topic/cloudmining-101-ponzi-risk-assessment-878387

and about the profitability, you get 100 days brekeven period if you buy an A7 so after 75 days you may incur in a little break.
hero member
Activity: 742
Merit: 500

I understand Japanese families have some heating elements on the grounds of their homes. I wonder if it could be heated by the heat generated from miners. Haha.

Yes you can. Efficiency (electricity-to-heat) will be around 30%
sr. member
Activity: 448
Merit: 250
I understand there are people using miners as heaters. I wonder what are the electricity consumption rates compared to a real heater.

People use miners as heaters to reduce energy costs. I am afraid that the mining rigs will never be more cost-effective than conventional heating, but of course it depends on the method of heating and local prices.

I understand there are people using miners as heaters. I wonder what are the electricity consumption rates compared to a real heater.

I am assuming that you meant; are they as effective at heating for the same power draw.  They are almost exactly the same, no one should be running a space heater.

I understand Japanese families have some heating elements on the grounds of their homes. I wonder if it could be heated by the heat generated from miners. Haha.
legendary
Activity: 1059
Merit: 1020
Some says that Hashnest cannot be trusted, any opinions? They had media exposure now. Please guide me.

Hashnest is one of the legit cloud mining provider. They ran over two (or maybe three) years.
Aside of other cloud mining provider, you won't get your ROI because of the market price and the payout.
legendary
Activity: 1806
Merit: 1828
Some says that Hashnest cannot be trusted, any opinions? They had media exposure now. Please guide me.
 

I think they are OK in the respectability department. However, none of the cloudmining products they offer at the moment has much of a chance to be profitable due to the bitcoin halving event that will happen around Julyish. I would wait until Bitmain offers a better product, backed by a more efficient ASIC farm.
sr. member
Activity: 896
Merit: 303
Some says that Hashnest cannot be trusted, any opinions? They had media exposure now. Please guide me.
newbie
Activity: 29
Merit: 0
I understand there are people using miners as heaters. I wonder what are the electricity consumption rates compared to a real heater.

People use miners as heaters to reduce energy costs. I am afraid that the mining rigs will never be more cost-effective than conventional heating, but of course it depends on the method of heating and local prices.

If you can make some profit from the mining, or even very little profit. The miners will be more cost effective.
full member
Activity: 188
Merit: 118
https://tawk.to/wowchebit
Hello guys .... sorry for my bad english... guys want to buy 10pcs ants7 of hashnest so as to have 48.600 th/s on antpool...
I want to try to figure out if the investment is good or not ...
I can not to understand what are the costs of manutentzione taxes or other ...
someone can give me the calculation that i earn daily? I sell the proceeds of localbit ...
Also what will happen to the miners when there will be halving?
in my opinion the price of bitcoin will also increase because otherwise the miners should be at a loss ... what you think?
legendary
Activity: 1323
Merit: 1000
I understand there are people using miners as heaters. I wonder what are the electricity consumption rates compared to a real heater.

People use miners as heaters to reduce energy costs. I am afraid that the mining rigs will never be more cost-effective than conventional heating, but of course it depends on the method of heating and local prices.
sr. member
Activity: 448
Merit: 250
I understand there are people using miners as heaters. I wonder what are the electricity consumption rates compared to a real heater.
hero member
Activity: 616
Merit: 500
The difficulty is spiking again; up 7% with 4 days to go until the adjustment. It´s a bit surprising, the BTC price being this depressed. Maybe it´ll end up a bit lower.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
I am planing to put some money in hashnest cloudmining site. peoples giving positive feedback about it.
personally I don't believe in cloudmining sites. because most of them went ponzi. but something doing is better then nothing.
what you think guys. how much should I invest first?
Something is not always better than nothing. At this point I wouldn't jump into cloud mining especially not much knowledge on the subject or the platform.

IMO now is not the best time; I would wait until the S9 is announced and preorder is opened.  When this happens the market for S7 will go way down.  Do the math now and find out what price is most likely profitable for you; the S9 will have high markup initially, and the S7 exodus should drive the price down enough to make it the better buy.

Agree, this is not the best time. However, buying S9 immediately after the release, in my opinion is not the best solution. As I remember rates S5 and S7 they were very overpriced, with S9 I expect a similar situation.


Some people were able to cash in when S7 was first introduced to HashNest. They bought from store and immediately sold to the market at huge margins. I don't think next time would be so different, there are a lot of initial demand for this, especially for people who can only afford a fraction of the miner.
hero member
Activity: 560
Merit: 500
I am planing to put some money in hashnest cloudmining site. peoples giving positive feedback about it.
personally I don't believe in cloudmining sites. because most of them went ponzi. but something doing is better then nothing.
what you think guys. how much should I invest first?
Something is not always better than nothing. At this point I wouldn't jump into cloud mining especially not much knowledge on the subject or the platform.

IMO now is not the best time; I would wait until the S9 is announced and preorder is opened.  When this happens the market for S7 will go way down.  Do the math now and find out what price is most likely profitable for you; the S9 will have high markup initially, and the S7 exodus should drive the price down enough to make it the better buy.

Agree, this is not the best time. However, buying S9 immediately after the release, in my opinion is not the best solution. As I remember rates S5 and S7 they were very overpriced, with S9 I expect a similar situation.

He said the release of S9 should drive the price of S7 down thus creating a buying opportunity for S7.

It's the only trustable service of this sector at the moment. But the fees make it too dangerous.
Would like to have more info about the S9.
legendary
Activity: 1174
Merit: 1001
I am planing to put some money in hashnest cloudmining site. peoples giving positive feedback about it.
personally I don't believe in cloudmining sites. because most of them went ponzi. but something doing is better then nothing.
what you think guys. how much should I invest first?
Something is not always better than nothing. At this point I wouldn't jump into cloud mining especially not much knowledge on the subject or the platform.

IMO now is not the best time; I would wait until the S9 is announced and preorder is opened.  When this happens the market for S7 will go way down.  Do the math now and find out what price is most likely profitable for you; the S9 will have high markup initially, and the S7 exodus should drive the price down enough to make it the better buy.

Agree, this is not the best time. However, buying S9 immediately after the release, in my opinion is not the best solution. As I remember rates S5 and S7 they were very overpriced, with S9 I expect a similar situation.

He said the release of S9 should drive the price of S7 down thus creating a buying opportunity for S7.
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