HASHNEST Discussion and Support Thread - page 150.

TracerX

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Quote from: chevalier2000 on November 06, 2015, 09:50:07 PM

2 days in a row with the lowest blocks found (only 22).

It's a very bad luck (finding block) or something else ? The average is around 28-29 blocks per day, right ?

The average last week was 28 blocks, yes. edit: but that includes the last three lousy days as well--the November 1 blocks coming it at 37 brought that average up significantly.

wlefever

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Quote from: yeponlyone on November 06, 2015, 03:59:48 AM

What advantages are there to buy S7s in the shop instead of in the market...? Of course it's a matter of price, but a major disadvantage to me is that I can not sell the shop-bought S7s? How do you guys rationalize buying in the shop?

The market is not very liquid right now, and selling at a premium to the shop. However the shop has a 2 week wait time to activate so if you aren't getting in now you will be better off waiting for the next wave of S7's to hit the market where they should sell off some.

chevalier2000

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2 days in a row with the lowest blocks found (only 22).

It's a very bad luck (finding block) or something else ? The average is around 28-29 blocks per day, right ?

crazyivan

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Quote from: yeponlyone on November 06, 2015, 03:59:48 AM

What advantages are there to buy S7s in the shop instead of in the market...? Of course it's a matter of price, but a major disadvantage to me is that I can not sell the shop-bought S7s? How do you guys rationalize buying in the shop?

What do you mean u cant sell shop-bought S7. If you buy them in the shop, they get activated in a few days and u can trade them in the market as any other hash.

yeponlyone

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What advantages are there to buy S7s in the shop instead of in the market...? Of course it's a matter of price, but a major disadvantage to me is that I can not sell the shop-bought S7s? How do you guys rationalize buying in the shop?

wlefever

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Quote from: crazyivan on November 05, 2015, 06:03:13 AM

Quote from: hollowtm on November 04, 2015, 10:08:34 PM

Anyone have a good idea why when the bitcoin price rises, the old models such as s3 and s4's market per gh price stays around the same and not increase like it did back then?

Why would the price increase? The price of all Hashnest miners is in USD, denominated in BTC. So when BTC rises, you need less BTC to buy these models.

B/c as the $USD price increases the maintenance fee tied in BTC lowers which actually earns you more BTC. If you earn more BTC, and the price increases in $USD you are still mining more profit.

I get what you are saying, but it's a bit backward for the prices to be slashed so much as the life of the miners seemingly just got twice as long on Hashnest from the increase in bitcoin price.

Edit: New price of S7 is $2283 in the shop

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Quote from: hollowtm on November 04, 2015, 10:08:34 PM

Anyone have a good idea why when the bitcoin price rises, the old models such as s3 and s4's market per gh price stays around the same and not increase like it did back then?

Why would the price increase? The price of all Hashnest miners is in USD, denominated in BTC. So when BTC rises, you need less BTC to buy these models.

TracerX

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Quote from: lama-hunter on November 04, 2015, 11:15:47 PM

i invested About 5 Days ago 0.4 BTC in Hashnest. After an Mining Event of 3 Days if got an interest about 1%.
The bad thing is that the Market Price lowes the PAyouts and i got a loss about 7$ BTC Sad

The market price doesn't affect payouts, and it only affects your bottom line when you decide to sell. Your mining will continue to accrue coins until the maintenance fees (and difficulty) make it unprofitable to run. When BTC/USD prices increase your maintenance costs lower, thus allowing your shares to operate for a longer time.

Let me know if I've muddled this up for you or made it clearer--I'll write up and post a walk-through on the math this weekend.

Cheers.

lama-hunter

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i invested About 5 Days ago 0.4 BTC in Hashnest. After an Mining Event of 3 Days if got an interest about 1%.
The bad thing is that the Market Price lowes the PAyouts and i got a loss about 7$ BTC Sad

So i think its not profitable to Invest your Bitcoin in Mining by Hashnest. Also the actuall s7 are not payfull at the market right now..
Maybe you gotm some other experiences? Would be great to hear about.

regards
lama-hunter

TracerX

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Quote from: hollowtm on November 04, 2015, 10:08:34 PM

Anyone have a good idea why when the bitcoin price rises, the old models such as s3 and s4's market per gh price stays around the same and not increase like it did back then?

I would think that it's due to the fact that there is less volume in those markets. Most people are watching the S5/7 markets.

That said, markets are irrational.

hollowtm

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Anyone have a good idea why when the bitcoin price rises, the old models such as s3 and s4's market per gh price stays around the same and not increase like it did back then?

mchu168

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Quote from: TracerX on November 04, 2015, 11:07:17 AM

Quote from: mchu168 on November 04, 2015, 10:51:46 AM

Is anyone else having issues withdrawing coins from their Hashnest wallet? I keep on getting Google authentication errors, even after successfully disabling and reenabling 2FA.

I am as well, although this happens occasionally. I presume the app server isn't verifying the 2FA code quick enough. Last time this happened it cleared up later in the day.

Thanks for confirming I'm not the only one. I'll try again later and update.

wlefever

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Quote from: TracerX on November 04, 2015, 11:09:02 AM

Quote from: pumawolf on November 03, 2015, 03:29:30 PM

Quote from: wlefever on November 03, 2015, 12:48:37 PM

Quote from: DebitMe on November 03, 2015, 12:46:41 PM

Quote from: wlefever on November 03, 2015, 12:45:22 PM

Ppl are still dumping the S5 when the maintenance fee just keeps going down, and down as btc price increases. I know more S7's are coming online, but why would you sell S5 right now at these prices??

Yea I can't figure that out. There have been about 2 or 3 times in the last 24 hours I haven't wanted to pull the trigger and buy a few thousand S5 hash, but I am glad I waited. Still looking for the bottom apparently.

I don't think it is to get in on S7's as much as it they are wanting to sell some coins over $400. Can't say I blame theme, but stay LONG!

Edit: That has to be it as the S7 are selling off some too.

its the definiely the s7 , when the announcement came in , dump was initiated right away . just gotta wait til they are done unloading them s7 , its just the better deal . and if they keep on restocking that shit, price will be in trouble. its weird that they didnt raise the prices on s7 ,which leads me to believe they are overloaded. they have always adjusted the miner prices as btc rises.

I think you may be correct on this--the prices are continuing to drop for both S4-5 machines, even though they maintenance costs on both are plummeting. We'll see what happens after the flurry of S7 purchasing clears up, but I can't imagine the prices will continue to be depressed.

I can't imagine they would either, but having a hard time pulling the trigger on anymore hash because as soon as it looks like a bottom it tanks even more. When that happens it doesn't really matter how low the maintenance fee gets, as it's near impossible to get a return on investment. Roll Eyes

TracerX

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Quote from: TracerX on November 04, 2015, 11:07:17 AM

Quote from: mchu168 on November 04, 2015, 10:51:46 AM

Is anyone else having issues withdrawing coins from their Hashnest wallet? I keep on getting Google authentication errors, even after successfully disabling and reenabling 2FA.

I am as well, although this happens occasionally. I presume the app server isn't verifying the 2FA code quick enough. Last time this happened it cleared up later in the day.

I was just able to successfully withdraw--looks like it was a temporary glitch.

TracerX

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Quote from: pumawolf on November 03, 2015, 03:29:30 PM

Quote from: wlefever on November 03, 2015, 12:48:37 PM

Quote from: DebitMe on November 03, 2015, 12:46:41 PM

Quote from: wlefever on November 03, 2015, 12:45:22 PM

Ppl are still dumping the S5 when the maintenance fee just keeps going down, and down as btc price increases. I know more S7's are coming online, but why would you sell S5 right now at these prices??

Yea I can't figure that out. There have been about 2 or 3 times in the last 24 hours I haven't wanted to pull the trigger and buy a few thousand S5 hash, but I am glad I waited. Still looking for the bottom apparently.

I don't think it is to get in on S7's as much as it they are wanting to sell some coins over $400. Can't say I blame theme, but stay LONG!

Edit: That has to be it as the S7 are selling off some too.

its the definiely the s7 , when the announcement came in , dump was initiated right away . just gotta wait til they are done unloading them s7 , its just the better deal . and if they keep on restocking that shit, price will be in trouble. its weird that they didnt raise the prices on s7 ,which leads me to believe they are overloaded. they have always adjusted the miner prices as btc rises.

I think you may be correct on this--the prices are continuing to drop for both S4-5 machines, even though they maintenance costs on both are plummeting. We'll see what happens after the flurry of S7 purchasing clears up, but I can't imagine the prices will continue to be depressed.

TracerX

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Activity: 918

Merit: 1002

Quote from: mchu168 on November 04, 2015, 10:51:46 AM

Is anyone else having issues withdrawing coins from their Hashnest wallet? I keep on getting Google authentication errors, even after successfully disabling and reenabling 2FA.

I am as well, although this happens occasionally. I presume the app server isn't verifying the 2FA code quick enough. Last time this happened it cleared up later in the day.

mchu168

full member

Activity: 188

Merit: 100

Is anyone else having issues withdrawing coins from their Hashnest wallet? I keep on getting Google authentication errors, even after successfully disabling and reenabling 2FA.

pumawolf

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Quote from: wlefever on November 03, 2015, 12:48:37 PM

Quote from: DebitMe on November 03, 2015, 12:46:41 PM

Quote from: wlefever on November 03, 2015, 12:45:22 PM

Ppl are still dumping the S5 when the maintenance fee just keeps going down, and down as btc price increases. I know more S7's are coming online, but why would you sell S5 right now at these prices??

Yea I can't figure that out. There have been about 2 or 3 times in the last 24 hours I haven't wanted to pull the trigger and buy a few thousand S5 hash, but I am glad I waited. Still looking for the bottom apparently.

I don't think it is to get in on S7's as much as it they are wanting to sell some coins over $400. Can't say I blame theme, but stay LONG!

Edit: That has to be it as the S7 are selling off some too.

its the definiely the s7 , when the announcement came in , dump was initiated right away . just gotta wait til they are done unloading them s7 , its just the better deal . and if they keep on restocking that shit, price will be in trouble. its weird that they didnt raise the prices on s7 ,which leads me to believe they are overloaded. they have always adjusted the miner prices as btc rises.

TracerX

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Activity: 918

Merit: 1002

Quote from: wlefever on November 03, 2015, 12:48:37 PM

Quote from: DebitMe on November 03, 2015, 12:46:41 PM

Quote from: wlefever on November 03, 2015, 12:45:22 PM

Ppl are still dumping the S5 when the maintenance fee just keeps going down, and down as btc price increases. I know more S7's are coming online, but why would you sell S5 right now at these prices??

Yea I can't figure that out. There have been about 2 or 3 times in the last 24 hours I haven't wanted to pull the trigger and buy a few thousand S5 hash, but I am glad I waited. Still looking for the bottom apparently.

I don't think it is to get in on S7's as much as it they are wanting to sell some coins over $400. Can't say I blame theme, but stay LONG!

Edit: That has to be it as the S7 are selling off some too.

This is what's happening--people are moving coins into the exchanges to buy fancy watches....

wlefever

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Quote from: DebitMe on November 03, 2015, 12:46:41 PM

Quote from: wlefever on November 03, 2015, 12:45:22 PM

Ppl are still dumping the S5 when the maintenance fee just keeps going down, and down as btc price increases. I know more S7's are coming online, but why would you sell S5 right now at these prices??

Yea I can't figure that out. There have been about 2 or 3 times in the last 24 hours I haven't wanted to pull the trigger and buy a few thousand S5 hash, but I am glad I waited. Still looking for the bottom apparently.

I don't think it is to get in on S7's as much as it they are wanting to sell some coins over $400. Can't say I blame theme, but stay LONG!

Edit: That has to be it as the S7 are selling off some too.

Topic: HASHNEST Discussion and Support Thread - page 150. (Read 660097 times)