HASHNEST Discussion and Support Thread - page 120.

Simpan

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Quote from: skuser on February 21, 2016, 02:14:53 AM

Quote from: ps_jb on February 20, 2016, 10:57:02 PM

Quote from: skuser on February 20, 2016, 12:22:53 PM

This is getting really entertaining gamble. At 440 USD/BTC S5 suddenly becomes money making machine. At least for a while Wink

"Money making machine" with 80% revenue going to maintaince is not even a funny

If you have S5 - sell them ASAP!

Revenue to maintenance is unimportant, price is. I purchased a bunch of S5 at 0.0028 which at 440 usd/btc means almost 2% per day from mining, so I don't plan to sell right now ;-)

Do you need to pay the maintence cost? If you have to, then the Hashnest will turn it off when the difficulty is high.

skuser

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Quote from: ps_jb on February 20, 2016, 10:57:02 PM

Quote from: skuser on February 20, 2016, 12:22:53 PM

This is getting really entertaining gamble. At 440 USD/BTC S5 suddenly becomes money making machine. At least for a while Wink

"Money making machine" with 80% revenue going to maintaince is not even a funny

If you have S5 - sell them ASAP!

Revenue to maintenance is unimportant, price is. I purchased a bunch of S5 at 0.0028 which at 440 usd/btc means almost 2% per day from mining, so I don't plan to sell right now ;-)

ps_jb

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Quote from: skuser on February 20, 2016, 12:22:53 PM

This is getting really entertaining gamble. At 440 USD/BTC S5 suddenly becomes money making machine. At least for a while Wink

"Money making machine" with 80% revenue going to maintaince is not even a funny

If you have S5 - sell them ASAP!

chmick

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Quote from: skuser on February 20, 2016, 12:22:53 PM

This is getting really entertaining gamble. At 440 USD/BTC S5 suddenly becomes money making machine. At least for a while Wink

I think people are betting or a negative next diff . But with BTC price increasing some hardware will come back online and diff will in fact be increasing .

By my calculation (that is a diff to next diff calculation, halving and long term diff NOT included ;-) ) ROI for S7 is more than the delay to halving .

I'll stay out of S5 , too hazardous bet for me .

skuser

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This is getting really entertaining gamble. At 440 USD/BTC S5 suddenly becomes money making machine. At least for a while Wink

jackg

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https://bit.ly/387FXHi lightning theory

Quote from: Matias on February 19, 2016, 01:50:53 AM

Quote from: jackg on February 18, 2016, 06:46:02 PM

I was looking at that yesterday and found that a GHs of an S5 contract is actually ore expensive than an S7 contract?
How does that work out?
!).

Ghs for s7 costs ten times more than Ghs for S5. You apparantly missed one digit.

That makes sense. So I forgot to count the number of 0s correctly.

Anyway Bitmain had better relase some more hardware, oterwise, Hashnest will fail before the halving!

Lutzow

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Yes, it's unfortunate what happened here. I didn't see this one coming few months ago. Gone are the good ol' days.

galdur

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crazyivan

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Quote from: Mastsetad on February 19, 2016, 06:21:16 AM

Quote from: Matias on February 19, 2016, 01:50:53 AM

Quote from: jackg on February 18, 2016, 06:46:02 PM

I was looking at that yesterday and found that a GHs of an S5 contract is actually ore expensive than an S7 contract?
How does that work out?
!).

Ghs for s7 costs ten times more than Ghs for S5. You apparantly missed one digit.

S5 is almost impossible to make profit. I think it is difficult for S7 as well when the 16 nm miner come out next month.

Dont forget halving is just 150 days away.

Mastsetad

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Quote from: Matias on February 19, 2016, 01:50:53 AM

Quote from: jackg on February 18, 2016, 06:46:02 PM

I was looking at that yesterday and found that a GHs of an S5 contract is actually ore expensive than an S7 contract?
How does that work out?
!).

Ghs for s7 costs ten times more than Ghs for S5. You apparantly missed one digit.

S5 is almost impossible to make profit. I think it is difficult for S7 as well when the 16 nm miner come out next month.

Matias

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Quote from: jackg on February 18, 2016, 06:46:02 PM

I was looking at that yesterday and found that a GHs of an S5 contract is actually ore expensive than an S7 contract?
How does that work out?
!).

Ghs for s7 costs ten times more than Ghs for S5. You apparantly missed one digit.

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Quote from: wlefever on February 18, 2016, 12:00:44 PM

Quote from: DebitMe on February 18, 2016, 11:28:22 AM

Quote from: wlefever on February 18, 2016, 11:26:29 AM

How long is the luckyhash game going to stay online? Suppose to be done on Feb 15th but its still rolling.

My bet is that they are already hashing on their next gen equipment, or at least have it on its way. So what better way to get rid of old S7's than to sell them above market price?

It def works out for them since each one sells for 3 BTC. What I hate is it continues the S7 market dumping. I mean what better way to make a few coins then win the luckyhash and drop the miner on the market instantly?

I was looking at that yesterday and found that a GHs of an S5 contract is actually ore expensive than an S7 contract?
How does that work out?
Only one answer to that question, they have placed too many S7s on for distribution too quckly. I think there was an initial sale of 1000 that kept the value up quite high, but it plumitted when another 1000 entered the market. Now there is another ~400 miners added, the price is just going to keep dropping. This, however, makes Hashnest more attractive to investors (they lose less even though two miners havegon into redepmtion in te same month!).

wlefever

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Quote from: DebitMe on February 18, 2016, 11:28:22 AM

Quote from: wlefever on February 18, 2016, 11:26:29 AM

How long is the luckyhash game going to stay online? Suppose to be done on Feb 15th but its still rolling.

My bet is that they are already hashing on their next gen equipment, or at least have it on its way. So what better way to get rid of old S7's than to sell them above market price?

It def works out for them since each one sells for 3 BTC. What I hate is it continues the S7 market dumping. I mean what better way to make a few coins then win the luckyhash and drop the miner on the market instantly?

DebitMe

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Quote from: wlefever on February 18, 2016, 11:26:29 AM

How long is the luckyhash game going to stay online? Suppose to be done on Feb 15th but its still rolling.

My bet is that they are already hashing on their next gen equipment, or at least have it on its way. So what better way to get rid of old S7's than to sell them above market price?

wlefever

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Merit: 1001

How long is the luckyhash game going to stay online? Suppose to be done on Feb 15th but its still rolling.

Mastsetad

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Quote from: Dekker3D on February 16, 2016, 07:18:27 AM

But once S4s and S5s are no longer profitable and were halted then the difficulty will lessen. I guess they're plan is to eliminate all S4s and S5s and just use their latest model as it is cost efficient. They planned this difficulty increases so they planned on playing with us.

The difficulty rise will not lessen. One new 16nm miner is equal to 2.5 old s7 if the power consumption is the same.

chmick

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Quote from: Dekker3D on February 16, 2016, 07:18:27 AM

But once S4s and S5s are no longer profitable and were halted then the difficulty will lessen. I guess they're plan is to eliminate all S4s and S5s and just use their latest model as it is cost efficient. They planned this difficulty increases so they planned on playing with us.

+1

All this smell like manipulation . Conveniently BTC price icnrease after Diff increase and the timing is perfect to kill old generation hardware and push people to buy new one .

Dekker3D

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But once S4s and S5s are no longer profitable and were halted then the difficulty will lessen. I guess they're plan is to eliminate all S4s and S5s and just use their latest model as it is cost efficient. They planned this difficulty increases so they planned on playing with us.

Mastsetad

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Quote from: crazyivan on February 14, 2016, 01:29:35 AM

I have to say I d expect some news about 16nm from Hashnest as well. Cause if diff continues galloping this way and block halves, there s no ASIC that would be profitable. I refuse to believe they would simply shut down their farms and wait for difficulty to go down again.

If the block reward halves and the difficulty becomes 400% of present value, even the 16nm will not be profitable.

glax1983

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Quote from: Matias on February 15, 2016, 05:52:44 AM

S4 redemption period is on

https://enforum.bitmain.com/bbs/topics/2847

You can't anymore sell your hashrate is hashnest.

~~If someone wants to sell his S4 account to me, PM me. I'm only interest about redemptin one S4. Escrow ok.~~

Edit: it cost more than 400 USD to ship ONE S4. Forget it.

Did anyone actually got one of their miners ever? I want to know, and maybe when S5 will be shippet to give it a try

Topic: HASHNEST Discussion and Support Thread - page 120. (Read 660097 times)