HASHNEST Discussion and Support Thread - page 115.

aleandromagno

legendary

Activity: 1323

Merit: 1000

Quote from: ?? on ??

Quote from: wlefever on April 06, 2016, 08:38:38 AM

Quote from: extrabyte on April 06, 2016, 01:27:04 AM

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.

petget

newbie

Activity: 12

Merit: 0

xsl report is OK. Thanks.

D4RK5T4R

sr. member

Activity: 379

Merit: 250

Quote from: petget on April 07, 2016, 06:01:06 AM

What is this math?
Look at the last transaction:
0.0326237 BTC + 0.00002789 must be 0.03265159
But Bitmain says it is 0.03262922.
And there are many errors like this.

Instead of relying on the broken transaction page, try downloading the report and view in a spreadsheet. Mine looks correct there and matches up with my current balance.

galdur

hero member

Activity: 616

Merit: 500

This is a totally massive increase in hashpower from about 350 million GH/s to over 1.2 billion in the last nine months. And in three months the fixed amount of bitcoins that this mass is mining will be cut in half. I guess that some notable operations will give up the ghost unless the BTC price rises a lot.

galdur

hero member

Activity: 616

Merit: 500

Quote from: ?? on ??

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.

So, that´s the new chip, right? And difficulty will continue ballooning then presumably. It has slowed down lately but the uptrend seems still to be there.

lumeire

legendary

Activity: 1848

Merit: 1009

Next-Gen Trade Racing Metaverse

Quote from: extrabyte on April 06, 2016, 01:27:04 AM

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?

The thing is mining in general is in a downtrend. Difficulty is rising sky-high. Trust me, it's not profitable in the long-term.

petget

newbie

Activity: 12

Merit: 0

What is this math?
Look at the last transaction:
0.0326237 BTC + 0.00002789 must be 0.03265159
But Bitmain says it is 0.03262922.
And there are many errors like this.

http://alfa.kachi-snimka.info/images-2013/jdv1460025308b.JPG

galdur

hero member

Activity: 616

Merit: 500

One TH/s makes theoretically 0.00301400 BTC per day. That´s presently $1.26. Then there´s the maintenance cost, the lower the BTC price the more satoshi per dollar and thus the higher ratio of maintenance and vice versa.

It´s all there at bitcoinwisdom.com and you can follow total hashrate and difficulty. The gist of it is that a rapidly increasing hashrate has been mining a fixed amount of bitcoin mined daily leading to dwindling returns. The bitcoin price seems to have been doing little else but stay safely above the mining cost of a bitcoin, so as to keep major mining and with it the blockchain safely going. Without the blockchain there is no bitcoin, that is the market´s primary concern.

DebitMe

legendary

Activity: 2800

Merit: 1012

Get Paid Crypto To Walk or Drive

Quote from: wlefever on April 06, 2016, 07:59:50 PM

Quote from: nethack on April 06, 2016, 07:00:29 PM

im started mine last week.and this what i get with S7 4860ghs miner..total payout so far 0.11 maintenence fees 0.05!what a joke! Angry

What's the problem? Didn't do the math before you bought it?

Thats what I was thinking as well. Mining can be hard to predict a couple of months out, but in a week you should have been able to accurately figure how much you were going to make.

wlefever

legendary

Activity: 1174

Merit: 1001

Quote from: nethack on April 06, 2016, 07:00:29 PM

im started mine last week.and this what i get with S7 4860ghs miner..total payout so far 0.11 maintenence fees 0.05!what a joke! Angry

What's the problem? Didn't do the math before you bought it?

nethack

sr. member

Activity: 252

Merit: 250

im started mine last week.and this what i get with S7 4860ghs miner..total payout so far 0.11 maintenence fees 0.05!what a joke! Angry

D4RK5T4R

sr. member

Activity: 379

Merit: 250

Quote from: galdur on April 06, 2016, 09:04:57 AM

Presently there´s 1,322,848,711 GH/s chasing about $1.5 million worth of bitcoin per day. So, I doubt that there´s much money to be made in mining. Electricity sales, mining gear etc. is where you want to be.

When there's a gold rush, be the guy selling picks and shovels Wink

galdur

hero member

Activity: 616

Merit: 500

Presently there´s 1,322,848,711 GH/s chasing about $1.5 million worth of bitcoin per day. So, I doubt that there´s much money to be made in mining. Electricity sales, mining gear etc. is where you want to be.

wlefever

legendary

Activity: 1174

Merit: 1001

Quote from: extrabyte on April 06, 2016, 01:27:04 AM

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.

extrabyte

legendary

Activity: 840

Merit: 1000

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?

lumeire

legendary

Activity: 1848

Merit: 1009

Next-Gen Trade Racing Metaverse

Quote from: deadpoolx on April 05, 2016, 07:35:55 PM

Quote from: pumawolf on April 01, 2016, 05:35:06 PM

lucky hash is at 1500 tickets now. their desperate to unload gear. they know something. either they want to unload all before halving or they got new gear coming or the diff is going to ramp up .

For sure there is something there they know

Why give it away as lottery, they could just drop the price really low for people to get in. Oversupply, maybe?

deadpoolx

hero member

Activity: 560

Merit: 500

Quote from: pumawolf on April 01, 2016, 05:35:06 PM

lucky hash is at 1500 tickets now. their desperate to unload gear. they know something. either they want to unload all before halving or they got new gear coming or the diff is going to ramp up .

For sure there is something there they know

alienesb

hero member

Activity: 868

Merit: 1000

Quote from: pumawolf on April 01, 2016, 05:35:06 PM

lucky hash is at 1500 tickets now. their desperate to unload gear. they know something. either they want to unload all before halving or they got new gear coming or the diff is going to ramp up .

All three I bet.

pumawolf

sr. member

Activity: 968

Merit: 250

lucky hash is at 1500 tickets now. their desperate to unload gear. they know something. either they want to unload all before halving or they got new gear coming or the diff is going to ramp up .

hakanbalta577

sr. member

Activity: 406

Merit: 250

Quote from: pumawolf on March 30, 2016, 03:04:46 AM

Quote from: nethack on March 29, 2016, 11:01:44 PM

hey admin..how to use my coupons?i have 115dollar coupon for s5?but i cant exchange that coupon to hash?what thats mean?
and i just buy s7 4860 ghs miner in hashnest,so how much i can earn from that hashrate?
anyone can help me? Roll Eyes

to use the coupon u buy it at the s7 shop click purchase miner, a check box will appear asking u if u want to use the coupon.

Yesterday, I saw a mail from hashnet and got a coupon too. I didnt chack but now I can see it is real. Thanks for information.

Topic: HASHNEST Discussion and Support Thread - page 115. (Read 660097 times)