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Topic: HASHNEST Discussion and Support Thread - page 16. (Read 660093 times)

member
Activity: 400
Merit: 13
September 24, 2020, 02:42:10 AM
Edit: Let's try this again.

I did get a payout to my Z11 and K5 today. Hopefully this will continue.  Smiley

I'm confused by the way they are calculating the maintenance fees, as the main market page shows about the right amount of mining profit, but the USD value is lower than reported by Coinwarz and the market values I'm seeing. The profit calculator similarly doesn't reflect the mining reward values if the mining overview page is to be believed.

I guess I will just wait and see what the actual mining rewards are as more come in and calculate things myself from there.

Edit 2:
With 222 KSol Z11, the mining overview page states a daily payout of 0.19306452 ZEC (looks about right compared to Coinwarz calc)
The Z11 page states a payout of "7.13 USD" and Maintenance of "2.32 USD" for Sept 17, 2020. (7.13 / ($59/ZEC) = 0.12 ZEC)
The profit calculator shows "7.0618 USD PPS Payout/ 1 Day, 2.29744 USD Maintenance, 4.76437 USD Earnings"
Previous amt in wallet: 1.302 ZEC
After payout: 1.3788 ZEC
Payout: 0.0768 ZEC ~ $4.529664 USD
Amount that should have payed out: 0.19306452 * 0.6747 (32.53% maintenance) = 0.13026 ZEC
0.0768 / 0.13026 = 59% of what we should be getting.  Sad

TL;DR: Profit calculator is closest to being right, but none of the numbers on the mining page are accurate.

 

Electricity fee are correct 0.055USD/kWh for Z11. Due to offline miners, real hashrates of z11 are lower than theoretic hashrates. We are working on it, hashrates will be restored gradually.
member
Activity: 400
Merit: 13
September 24, 2020, 02:38:24 AM
Edit: Let's try this again.

I did get a payout to my Z11 and K5 today. Hopefully this will continue.  Smiley

I'm confused by the way they are calculating the maintenance fees, as the main market page shows about the right amount of mining profit, but the USD value is lower than reported by Coinwarz and the market values I'm seeing. The profit calculator similarly doesn't reflect the mining reward values if the mining overview page is to be believed.

I guess I will just wait and see what the actual mining rewards are as more come in and calculate things myself from there.

Edit 2:
With 222 KSol Z11, the mining overview page states a daily payout of 0.19306452 ZEC (looks about right compared to Coinwarz calc)
The Z11 page states a payout of "7.13 USD" and Maintenance of "2.32 USD" for Sept 17, 2020. (7.13 / ($59/ZEC) = 0.12 ZEC)
The profit calculator shows "7.0618 USD PPS Payout/ 1 Day, 2.29744 USD Maintenance, 4.76437 USD Earnings"
Previous amt in wallet: 1.302 ZEC
After payout: 1.3788 ZEC
Payout: 0.0768 ZEC ~ $4.529664 USD
Amount that should have payed out: 0.19306452 * 0.6747 (32.53% maintenance) = 0.13026 ZEC
0.0768 / 0.13026 = 59% of what we should be getting.  Sad

TL;DR: Profit calculator is closest to being right, but none of the numbers on the mining page are accurate.

 

This is what I have found as well and it seems to have been going on for quite some time now.
They also never honored the discounted electric fee for those who pre-purchased electricity.

Z11, S19, S17, U6 contracts are having the discounted electric fee, 0.055USD/kwh. Do you have any misunderstandings about this, you can check the transactions for details. And for pre-purchased electricity, who hold KWH in your account, enjoy the discounted electric fee as well.
hero member
Activity: 979
Merit: 510
September 19, 2020, 10:15:56 AM
Edit: Let's try this again.

I did get a payout to my Z11 and K5 today. Hopefully this will continue.  Smiley

I'm confused by the way they are calculating the maintenance fees, as the main market page shows about the right amount of mining profit, but the USD value is lower than reported by Coinwarz and the market values I'm seeing. The profit calculator similarly doesn't reflect the mining reward values if the mining overview page is to be believed.

I guess I will just wait and see what the actual mining rewards are as more come in and calculate things myself from there.

Edit 2:
With 222 KSol Z11, the mining overview page states a daily payout of 0.19306452 ZEC (looks about right compared to Coinwarz calc)
The Z11 page states a payout of "7.13 USD" and Maintenance of "2.32 USD" for Sept 17, 2020. (7.13 / ($59/ZEC) = 0.12 ZEC)
The profit calculator shows "7.0618 USD PPS Payout/ 1 Day, 2.29744 USD Maintenance, 4.76437 USD Earnings"
Previous amt in wallet: 1.302 ZEC
After payout: 1.3788 ZEC
Payout: 0.0768 ZEC ~ $4.529664 USD
Amount that should have payed out: 0.19306452 * 0.6747 (32.53% maintenance) = 0.13026 ZEC
0.0768 / 0.13026 = 59% of what we should be getting.  Sad

TL;DR: Profit calculator is closest to being right, but none of the numbers on the mining page are accurate.

 

This is what I have found as well and it seems to have been going on for quite some time now.
They also never honored the discounted electric fee for those who pre-purchased electricity.
newbie
Activity: 12
Merit: 1
September 17, 2020, 05:55:38 PM
Edit: Let's try this again.

I did get a payout to my Z11 and K5 today. Hopefully this will continue.  Smiley

I'm confused by the way they are calculating the maintenance fees, as the main market page shows about the right amount of mining profit, but the USD value is lower than reported by Coinwarz and the market values I'm seeing. The profit calculator similarly doesn't reflect the mining reward values if the mining overview page is to be believed.

I guess I will just wait and see what the actual mining rewards are as more come in and calculate things myself from there.

Edit 2:
With 222 KSol Z11, the mining overview page states a daily payout of 0.19306452 ZEC (looks about right compared to Coinwarz calc)
The Z11 page states a payout of "7.13 USD" and Maintenance of "2.32 USD" for Sept 17, 2020. (7.13 / ($59/ZEC) = 0.12 ZEC)
The profit calculator shows "7.0618 USD PPS Payout/ 1 Day, 2.29744 USD Maintenance, 4.76437 USD Earnings"
Previous amt in wallet: 1.302 ZEC
After payout: 1.3788 ZEC
Payout: 0.0768 ZEC ~ $4.529664 USD
Amount that should have payed out: 0.19306452 * 0.6747 (32.53% maintenance) = 0.13026 ZEC
0.0768 / 0.13026 = 59% of what we should be getting.  Sad

TL;DR: Profit calculator is closest to being right, but none of the numbers on the mining page are accurate.

 
newbie
Activity: 27
Merit: 1
September 17, 2020, 02:33:17 AM
Which types of hashrate do you hold? I have seen next to nothing for my 200+ Z11.

i have Z11 only
hero member
Activity: 979
Merit: 510
September 16, 2020, 04:47:48 PM
Even the lucky app area with raffles is locked up it seems, one is at 250/250 for days but won't declare the winner.
newbie
Activity: 12
Merit: 1
September 16, 2020, 04:24:50 PM

For me payments was started since 03 Sep, directly after HN notification.

Which types of hashrate do you hold? I have seen next to nothing for my 200+ Z11.
newbie
Activity: 27
Merit: 1
September 16, 2020, 02:03:59 PM
I understand that the disaster that hit has caused a lot of problems in the area of where the mining centers are located, but there has only been one message here and one mining disbursement in the last 25 days, and the most recent notification on Hashnest was back on Sept 2, 2020 saying that their power was coming back on, and that the Z11 among others would be mining again.

I am trying to be patient and wait for updates, but if we reach 30 days without any word or update then I will be compelled to divest from Hashnest instead of continuing to do business with them.

For me payments was started since 03 Sep, directly after HN notification.
newbie
Activity: 12
Merit: 1
September 16, 2020, 01:56:37 PM
I understand that the disaster that hit has caused a lot of problems in the area of where the mining centers are located, but there has only been one message here and one mining disbursement in the last 25 days, and the most recent notification on Hashnest was back on Sept 2, 2020 saying that their power was coming back on, and that the Z11 among others would be mining again.

I am trying to be patient and wait for updates, but if we reach 30 days without any word or update then I will be compelled to divest from Hashnest instead of continuing to do business with them.
newbie
Activity: 12
Merit: 1
September 10, 2020, 10:03:15 PM
It has now been 20 days since the message giving an estimate of 10 - 15 days downtime. Could we please have an update?
newbie
Activity: 14
Merit: 1
September 08, 2020, 08:39:06 PM
Which posts were deleted and why?

I deleted my last post because I was asking for an update about Z11, but Hashnest put an announcement on the next day, and no need them to reply here too.
 
hero member
Activity: 979
Merit: 510
September 08, 2020, 01:08:46 PM
Which posts were deleted and why?
newbie
Activity: 12
Merit: 1
August 21, 2020, 01:31:35 PM
Let me offer my sincere sympathies to those whose lives are impacted by these floods. I hadn't heard anything about this until it was mentioned here.

The current situation with the flooding sounds like the perfect time to resolve the Z11 issues while everything is down. Shift them around, change the connectivity, move them to different locations, whatever you need to do to get them back up and running at full capacity when the issue is dealt with.

I hope that the Hashnest representative posting here and their family is safe from this disaster.
member
Activity: 400
Merit: 13
August 21, 2020, 02:45:06 AM
Dear users,

We are sorry to advise that, as notified by power supplier of our mining farm, due to the worst flooding in over 70 years in China's Sichuan province, the power supply equipments have been short-circuited and are under emergency repairs now. This emergency repair may take about 10-15 days. All miners and payouts are affected, except K5. The recovery time will be announced later.

We deeply apologise for all inconveniences bought about.

HashNest

19 Aug 2020
member
Activity: 400
Merit: 13
August 21, 2020, 02:44:41 AM
I'm not seeing anything about redeeming hashrate for hardware like they used to. Do they not offer this anymore?

We don't have miner redemption anymore.
newbie
Activity: 12
Merit: 1
August 19, 2020, 11:59:00 AM
I'm not seeing anything about redeeming hashrate for hardware like they used to. Do they not offer this anymore?
newbie
Activity: 12
Merit: 1
August 19, 2020, 11:11:41 AM

Same for me. No Z11 payout at all.
newbie
Activity: 27
Merit: 1
August 19, 2020, 08:42:34 AM
Everyone didn't get payments today from Z11 or just me?
newbie
Activity: 12
Merit: 1
August 18, 2020, 12:36:59 PM
Sounds like they need to both invest in more people to resolve their problems rather than waiting on some lone engineer, and they need to invest in battery backups for the crappy electricity provider.

I now second the question: When will the Z11's be operating at more than half capacity?
hero member
Activity: 979
Merit: 510
August 18, 2020, 10:10:56 AM
The Z11 are still paying out around 35% less than advertised each day, before expenses are deducted.
Any ETA on this being fixed?
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