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Topic: HASHNEST Discussion and Support Thread - page 129. (Read 660097 times)

newbie
Activity: 28
Merit: 0
January 22, 2016, 09:11:00 AM
its doesnt seem profitable for me. take ROI is too long. for me better take litle high risk but more profitable.
legendary
Activity: 1582
Merit: 1006
beware of your keys.
January 22, 2016, 08:07:54 AM
The value of S5s have depreciated faster than the value of S7s this week.
That will continue until the S5 is obselete.

Not so sure . When I look at the market I have the feeling some tried  to use the panic to push the market down . But with the next diff and BTC price the ROI should stay below 180 days for at least 20 more days .
So right now some whale is making good money .

+1, if the S5 price still goes down while bitcoin price increases, it would only benefit the people who bought the GH, those people who sold their GHs for reason become jelly for the mining shares. nowadays the transaction fee is increasing, thus the mining is now much more fierce than ever.
full member
Activity: 236
Merit: 100
January 22, 2016, 07:24:10 AM
The value of S5s have depreciated faster than the value of S7s this week.
That will continue until the S5 is obselete.

Not so sure . When I look at the market I have the feeling some tried  to use the panic to push the market down . But with the next diff and BTC price the ROI should stay below 180 days for at least 20 more days .
So right now some whale is making good money .
legendary
Activity: 1174
Merit: 1001
January 21, 2016, 10:51:32 PM
The value of S5s have depreciated faster than the value of S7s this week.
That will continue until the S5 is obselete.
newbie
Activity: 9
Merit: 0
January 21, 2016, 10:32:09 PM
The value of S5s have depreciated faster than the value of S7s this week.

Edit:
I've made a spreadsheet that shows that the S5s are toxic assets since the start of January when the prices of S5s depreciated over 20%:
https://docs.google.com/spreadsheets/d/11zKTPpEiE6op0c4ExoM_2GB4_nED6y4E9nDrBnhFBZY/edit?usp=sharing
hero member
Activity: 546
Merit: 500
January 21, 2016, 05:17:10 PM
Hi,

Today, the S7 Maintenance 31.5%. What happens when the fee for block $ 12.5?



I just saw it yes.
Wow what happened? Not only that but also the price is like 30% of what it was just 1 month ago.

People didn't understand what they were investing in and it turned out the units were way overpriced since difficulty shot up very quickly in a short amount of time and the price plummeted.

Way to many people blindly throwing money around without understanding how the investment works.  Creates unrational markets really quickly.

I tend to agree.
It's true either way. The price did go down too fast and look how many people (me included) lost money with their hashes.
legendary
Activity: 2800
Merit: 1012
Get Paid Crypto To Walk or Drive
January 21, 2016, 05:14:05 PM
Hi,

Today, the S7 Maintenance 31.5%. What happens when the fee for block $ 12.5?



I just saw it yes.
Wow what happened? Not only that but also the price is like 30% of what it was just 1 month ago.

People didn't understand what they were investing in and it turned out the units were way overpriced since difficulty shot up very quickly in a short amount of time and the price plummeted.

Way to many people blindly throwing money around without understanding how the investment works.  Creates unrational markets really quickly.
hero member
Activity: 546
Merit: 500
January 21, 2016, 04:42:43 PM
Hi,

Today, the S7 Maintenance 31.5%. What happens when the fee for block $ 12.5?



I just saw it yes.
Wow what happened? Not only that but also the price is like 30% of what it was just 1 month ago.
legendary
Activity: 1057
Merit: 1009
January 21, 2016, 02:01:41 PM
Hi,

Today, the S7 Maintenance 31.5%. What happens when the fee for block $ 12.5?



Simple dobule the maintenance, but only if btc price remains the same, bacause maintence is paid in US$ so they have to exchange some BTC to pay off....
newbie
Activity: 7
Merit: 0
January 21, 2016, 12:44:47 PM
Hi,

Today, the S7 Maintenance 31.5%. What happens when the fee for block $ 12.5?

hero member
Activity: 616
Merit: 500
January 21, 2016, 04:34:25 AM
Guys why would I calculate earnings without maintenance??? Without maintenance are the earnings for all the machines the same...it's the number you can see for example here https://bitcoinwisdom.com/bitcoin/difficulty. At current difficulty you can mine 0.004437 BTC/Ths/day. Now depending on miner type you'll deduct the maintenance fees. The fees at hashnest are in USD, so you have to convert them using current USD/BTC rate. Then you'l get the number I am posting.

The percentage yields are so high because there is a bit of panic going on after recent BTC rate drop and huge difficulty increase and the hashnest market overreacts. Theoretical ROI for S5 is now about 110 days. Or in other words you'll make 10% in about 11 days as next difficulty change will be only small.

You don´t calculate earnings without maintenance. It goes without saying.

Since maintenance is calculated in Dollar, the lower the BTC price, the higher the maintenance vs. payout until you´re screwed. And the higher the BTC price the more incentive to mine and the higher difficulty and you´re wiped out that way.
sr. member
Activity: 291
Merit: 250
January 21, 2016, 03:04:14 AM
Guys why would I calculate earnings without maintenance??? Without maintenance are the earnings for all the machines the same...it's the number you can see for example here https://bitcoinwisdom.com/bitcoin/difficulty. At current difficulty you can mine 0.004437 BTC/Ths/day. Now depending on miner type you'll deduct the maintenance fees. The fees at hashnest are in USD, so you have to convert them using current USD/BTC rate. Then you'l get the number I am posting.

The percentage yields are so high because there is a bit of panic going on after recent BTC rate drop and huge difficulty increase and the hashnest market overreacts. Theoretical ROI for S5 is now about 110 days. Or in other words you'll make 10% in about 11 days as next difficulty change will be only small.
newbie
Activity: 7
Merit: 0
January 20, 2016, 02:17:54 PM


 If you put the % of maintenence price , it will be much lesser then %1 per day. It will probably go lower then the cost of keeping them and you will have loss everyday you keep it. Not anytime soon but it will be there until june.

No this is calculated after maintenance. At 390 USD/BTC and 0.18 per THs you are mining about 0.00157 BTC/Ths/day net, which is 0.9% yield per day. Or in so hated ROI terms 115 days Wink

Hi,


How much I mining from S7 with 1 THs per day?

S7 mines about 0,003 BTC/Ths/day which is at current prices about 0.6% daily yield.


Thanks.
This is in practice or theory? 0.6% per day is very good. It's probably no maintenance ...
sr. member
Activity: 291
Merit: 250
January 20, 2016, 02:00:15 PM


 If you put the % of maintenence price , it will be much lesser then %1 per day. It will probably go lower then the cost of keeping them and you will have loss everyday you keep it. Not anytime soon but it will be there until june.

No this is calculated after maintenance. At 390 USD/BTC and 0.18 per THs you are mining about 0.00157 BTC/Ths/day net, which is 0.9% yield per day. Or in so hated ROI terms 115 days Wink

Hi,


How much I mining from S7 with 1 THs per day?

S7 mines about 0,003 BTC/Ths/day which is at current prices about 0.6% daily yield.
hero member
Activity: 756
Merit: 501
January 20, 2016, 01:34:31 PM


 If you put the % of maintenence price , it will be much lesser then %1 per day. It will probably go lower then the cost of keeping them and you will have loss everyday you keep it. Not anytime soon but it will be there until june.

No this is calculated after maintenance. At 390 USD/BTC and 0.18 per THs you are mining about 0.00157 BTC/Ths/day net, which is 0.9% yield per day. Or in so hated ROI terms 115 days Wink

Hi,


How much I mining from S7 with 1 THs per day?

the price of s7 is going so down, that you will never get that amount of btc, what you will invest
legendary
Activity: 2800
Merit: 1012
Get Paid Crypto To Walk or Drive
January 20, 2016, 12:40:12 PM


 If you put the % of maintenence price , it will be much lesser then %1 per day. It will probably go lower then the cost of keeping them and you will have loss everyday you keep it. Not anytime soon but it will be there until june.

No this is calculated after maintenance. At 390 USD/BTC and 0.18 per THs you are mining about 0.00157 BTC/Ths/day net, which is 0.9% yield per day. Or in so hated ROI terms 115 days Wink

Hi,


How much I mining from S7 with 1 THs per day?

Go to www.bitcoinwisdom.com and use their calculator and it will tell you exactly how much you will mine per day.
newbie
Activity: 7
Merit: 0
January 20, 2016, 12:35:36 PM


 If you put the % of maintenence price , it will be much lesser then %1 per day. It will probably go lower then the cost of keeping them and you will have loss everyday you keep it. Not anytime soon but it will be there until june.

No this is calculated after maintenance. At 390 USD/BTC and 0.18 per THs you are mining about 0.00157 BTC/Ths/day net, which is 0.9% yield per day. Or in so hated ROI terms 115 days Wink

Hi,


How much I mining from S7 with 1 THs per day?
member
Activity: 70
Merit: 10
January 20, 2016, 11:23:11 AM

 Yes it yields %0.9 a day but like I said , that will go down in soon future. Soon enough keeping it will cost more then selling it.
hero member
Activity: 616
Merit: 500
January 20, 2016, 08:21:14 AM
So, you have this floor under bitcoin. How it behaves above this floor well, that´s the market, it´s for traders to figure out.
hero member
Activity: 616
Merit: 500
January 20, 2016, 08:16:08 AM
The amount of hash mining is absolutely staggering. A year ago it was about 300 million GH/s, now it´s about
900 million. That is the average of the last 504 blocks mined. The hash at the last adjustment, Jan 13th, was 811 million. I think the diff increase will end up lower than this indicates, they mine like crazy within the adjustment period and big players/cabal turn off gear towards the end of the period to influence the adjustment. Maybe it´ll be like 5%, even less it´s difficult to tell.

It went over 1 billion the other day, it was all over the news. It keeps going up and up. This is why the only way to keep this industry profitable is for BTC price to double before halving.

As the hash/difficulty balloons the price of bitcoin is pretty much forced to follow suit. That is if the market thinks that bitcoin has a future, which seems likely. This is the trend. The price has to stay high enough to not threaten most major mining and with it the blockchain.
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