Topic: HASHNEST Discussion and Support Thread - page 154. (Read 660097 times)

right now price is at 0.0022.

Good thing is it's pulling S5 price up.
And even at this price S5 is still much more profitable than S7.

Bonus : do not expect S7 price to go below 0.0018 unless shop price decrease .

Give it a few days to sort out. S7 fair value based on the pre-sale is .001614/GH/s. Most bids at the market are at .00162 or less, which is where you should bid if you want to buy. Makes no sense to pay speculators a profit. There is no rush to buy.

Yes, very expensive for now. I m sure these re just speculators trying to rip off unsuspecting noobs.

s7 market is out and its pretty lame, ill give it a couple days, see if price gets better or more volume. im going back to s5 for now

Thanks for sharing that observation I found it strange when v4 had worse conditions than v3.

Will also buy some now.

Looks like the description of V4 has been changed to using the S7 for hashing.  Not a great return, but at least you can now get your money back before the unit becomes unprofitable to run.

I will now be buying a few.

market price will  follow shop price until  people figure out what the shelf life of the machine will be. its way too early to tell.

Well if you buy from stock its .00162 new, I don't think people that paid 162 will be selling any hash when it starts trading. Maybe even go up to 170'ish. After a few weeks, some may start selling around the 140-150 level once they have made some return on the units mining for them. I think the better deal is the s5 in the .0007 price, I'm expecting the s5 prince to go up to 75-80 once the s7 is released since the s5 is 1/2 as efficient then it should trade around 1/2 the s5 price in the short term.

Just curious, market rate once S7 is released, should be around .00144 BTC per GH?  Given cost of Miner and PSU?

If this person is unsure. They could always check some information collected by sites such as: blockchain.info or even antpool.com. (NOTE: block sources on blockchain.info is sometimes deemed as not being reliable!)

Obviously quite possible. Especially since there are 3 pools that are larger than Antpool.

Pm bitmain_amber to sort your issues ...

Sure, be irritated but don't try to indicate conclusions from 4 days of data. It makes you look silly, while you might have a valid point. It's not very probable to see few or no blocks at 80PH for 10h but long-term it's not impossible, and really long-term you will see it happen.

over the last six months antpool hashrate fluctuated a lot and worldwide hashrate too, you cant take such a long period as evidence for either side. but of course a too short period like the one i posted ( 4 days) also says nothing.
Its hard to prove anything on any side. And i am not an accusor of scam, i have some doubts here and there (10 hour blocks at 80 PH - how probable is that? ) but overall i am relativly satisfied. It just makes me angry that user posts are deleted without any comment.

Last six months:

http://i62.tinypic.com/or5yki.jpg
https://www.blocktrail.com/BTC

It surely wasnt off topic, it was just one of those "accusation of scam" threads we already had a lot of. They deleted the whole thread not just one post.

Someone claimed blocks are being dropped (something with SVP settings.... ) - i did not understand his point entirely - and that hashnest should switch from PPLNS to PPS to make the game fair again.

Then someone else suspected hashnest to claim more hashrate in its pool (antpool) than they actually have in running machines. There have been many more posts, the thread maybe had 25 posts.

At last I posted an idea into the thread where I expressed the thought that maybe at the time in january when the S2 miners became unprofitable for the first time the following happend: BITMAIN_Rob said hashnest would power off the S2 machines as long as they are in a unprofitable region (lets say around 90-110%) and pay the users the PPS earnings no matter what - out of their own pockets. The machines have been turned off, thats sure. But i think they never have been turned on again. In order to find a fair calculation for the earnings of S2 and umisoo they had to add the missing hashrate to the overall pool hashrate as "virtual hashes" so that everyone gets his fair share. But now the machines are "redeemed" and shipped away or destroyed - whatever - but that added virtual amount of hashrate is still sitting there in antpool. They never deleted it. It would add up to - my guess - from 6 to 10 PH. Which the pool actually doesnt have.
That would explain why antpool delivers 16% of all new blocks (https://blockchain.info/pools) and NOT 18.5% as they should. They claim to have 84 PH but i think the real hasrate is 73 PH give or take.

Dont get me wrong - that was just some idea of mine out of the blue. My real point is that they deleted this relatively harmless thread and censored it away the chinese way- or was it not? Did we hit something?

Or maybe it was off topic and not pertinent to the discussion/untrue.  Can you share the hard facts that were brought forth in that thread that specifically pertain to them being a scam?  This starts up every couple of weeks about how it is impossible to have as bad as luck as they do, but no one ever presents hard facts, and they only seem to complain in the downtrends, but are perfectly happy to accept the times where luck is above 100%.

Bitmain just now deleted a thread in its forum where a user was calling hashnest a scam. in this thread we came to the conclusion that hashnests "luck" is too low and there must be some reason for that. maybe they claim to have more hashrate than they actually do have.

not the point.

THEY CENSORED US!

It's National Golden Week in China until the 9th.  I presume any withdrawals that happen before the end of the holiday will be slow, if not held up completely.  Everything will sort, but we may have to be more patient than we like this week.