I calculated the payback time for the antminer s4
Including maintanance fees it would tke 440 days to pay back
Topic: HASHNEST Discussion and Support Thread - page 167. (Read 660097 times)
Does a umisoo give you a share in the 4Ph/s, a share in the company or the entire 4 Ph/s?
Do not worry about UMISOO anymore it is about to be discontinued with the option to redeem each Th/s for a physical miner. For those that own enough, and opt for it.
Does a umisoo give you a share in the 4Ph/s, a share in the company or the entire 4 Ph/s?
At this BTC price s5 hash doesn,t pay very much after an hour and at 1 hr 45 mins or so I think the block starts going negative on you. If the pool can somehow manage on average to find one sixth of coins with its one sixth share of the network mining should be bearable.
Let,s just hope that bitcoin doesn,t tank much further.
Let,s just hope that bitcoin doesn,t tank much further.
Hi all
Does anybody have some infos about the strange behaviour of antpool since a few days .
I mean extra long block , low hashrate , block with only one transaction etc ...
It seems support is blind and deaf ...
Does anybody have some infos about the strange behaviour of antpool since a few days .
I mean extra long block , low hashrate , block with only one transaction etc ...
It seems support is blind and deaf ...
Well, they ll keep acting this way as long as outside hash using Antpool does not start to switch to other pools. I think this has already started happening.
is that possible to add the antminer S5+ into the hashnest?
btw, should the UMISOO get more hash power?
btw, should the UMISOO get more hash power?
UMISOO is not profitable for mining but trading. I traded it yesterday and earned more than %20. Now I see the price dropped dramatically.
Hi all
Does anybody have some infos about the strange behaviour of antpool since a few days .
I mean extra long block , low hashrate , block with only one transaction etc ...
It seems support is blind and deaf ...
Does anybody have some infos about the strange behaviour of antpool since a few days .
I mean extra long block , low hashrate , block with only one transaction etc ...
It seems support is blind and deaf ...
It,s just a patch of bad luck. Their dice currently only rolls an ace every 50 throws or so and the two headed coin refuses to turn up tail for some reason.
Hi all
Does anybody have some infos about the strange behaviour of antpool since a few days .
I mean extra long block , low hashrate , block with only one transaction etc ...
It seems support is blind and deaf ...
Does anybody have some infos about the strange behaviour of antpool since a few days .
I mean extra long block , low hashrate , block with only one transaction etc ...
It seems support is blind and deaf ...
What is an UMISOO?
The original cloud mining offered by Bitmain it's on the first page of this thread."UMISOO, the first Operator on HASHNEST will provide 4PH/s hashing power, and plan to start the Round 1 subscription at Beijing Time 22:00pm, 2nd September, 2014 (UCT+8:00 Time Zone). Official subscribed flat price is 0.00135 BTC/Gh/s. The Round 1 hash rate is generated by AntMiner S2 with the maintenance fee of $0.0032424/GH/s/Day."
Has anyone calculated if they would have made a profit if they bought UMISOO at the beginning and just held it this entire time?
What is an UMISOO?
The original cloud mining offered by Bitmain it's on the first page of this thread."UMISOO, the first Operator on HASHNEST will provide 4PH/s hashing power, and plan to start the Round 1 subscription at Beijing Time 22:00pm, 2nd September, 2014 (UCT+8:00 Time Zone). Official subscribed flat price is 0.00135 BTC/Gh/s. The Round 1 hash rate is generated by AntMiner S2 with the maintenance fee of $0.0032424/GH/s/Day."
What is an UMISOO?
antS2 UMISOO will enter into the “hardware redemption period”
HashNest • BITMAIN_Rob • Posted 2015-08-26 05:57:28 •Read 4 times
Since August 18th, 2015, revenues from UMISOO and ANTS2 PPS contacts have been lower than the power cost required by these machines. In accordance with the original contract terms, after ten days of such conditions, the contracts will terminate. We currently expect that these contracts will terminate on August 28th, 2015. From August 28th, these machines will be eligible for a 15 day redemption period. During this period, UMISOO and ANTS2 contracts will not be tradeable on the Gigahash Exchange. Each 1000 GH/s of UMISOO and ANTS2 can be redeemed for one unit of Antminer S2 physical hardware. The handling and packaging fee for each unit is set at USD $50 per machine, and the cost to ship each machine to Shenzhen is USD $65. Shipping costs from Shenzhen to final destination will be calculated by shipping company rates.
Specific details of the redemption process will be published shortly. If a user fails to submit a hardware redemption request and complete payment of the handling and shipping fees within the allotted timeframe, that user will be unable to redeem the hardware at a later date.
Due to the age and wear of these machines, Hashnest cannot guarantee the quality or condition of the physical hardware to be shipped, including that the hashrate will meet the originally published specifications. After machine redemption, Hashnest does not assume responsibility for machine warranties, technical support or repairs, damage incurred during shipping, or other risks.
https://forum.bitmain.com/bbs/topics/2051
Well with that being said it doesn't even seem plausible to buy the UMISOO so cheap on the market to redeem for physical hardware because of how much it would cost to get your hands on them. Unless of course you are in Shenzen, and can arrange a physical pick up. Then you have to be able to run the miners at a profit at whatever location you have, or try and make sales on ebay, or the likes. Could work for some, but for most the redemption period will just go by, and expire. HashNest • BITMAIN_Rob • Posted 2015-08-26 05:57:28 •Read 4 times
Since August 18th, 2015, revenues from UMISOO and ANTS2 PPS contacts have been lower than the power cost required by these machines. In accordance with the original contract terms, after ten days of such conditions, the contracts will terminate. We currently expect that these contracts will terminate on August 28th, 2015. From August 28th, these machines will be eligible for a 15 day redemption period. During this period, UMISOO and ANTS2 contracts will not be tradeable on the Gigahash Exchange. Each 1000 GH/s of UMISOO and ANTS2 can be redeemed for one unit of Antminer S2 physical hardware. The handling and packaging fee for each unit is set at USD $50 per machine, and the cost to ship each machine to Shenzhen is USD $65. Shipping costs from Shenzhen to final destination will be calculated by shipping company rates.
Specific details of the redemption process will be published shortly. If a user fails to submit a hardware redemption request and complete payment of the handling and shipping fees within the allotted timeframe, that user will be unable to redeem the hardware at a later date.
Due to the age and wear of these machines, Hashnest cannot guarantee the quality or condition of the physical hardware to be shipped, including that the hashrate will meet the originally published specifications. After machine redemption, Hashnest does not assume responsibility for machine warranties, technical support or repairs, damage incurred during shipping, or other risks.
https://forum.bitmain.com/bbs/topics/2051
I've calculated that the antminer S5 (under their fees for maintainance) should earn you $1 per day (not very profitable). This means that at the current price, it will take you 440 days to even get your money back!
With Antpool luck being so terrible, even S5 are barely profitable these last two days. I really do not know what is going on but 10.5 hours block is simply NOT ACCEPTABLE.
barely profitable ?
Over 24 hours hashnest S5 is running at a loss . The results of 100x S5 in hashnest
yesterday
block 371389 ฿ 2.75170426 block4 2015-08-25 00:43:01
block 371483 ฿ 2.50750336 block9
today
block 371532 ฿ 2.66259399 block1
block 371536 ฿ 2.7329301 block3
block 371578 ฿ 2.63788988 block5
block 371591 ฿ 2.74251065 block8
block 371618 ฿ 2.65859195 block 9 2015-08-26 15:28:42
Yeah owning hash in Hashnest recently has been pretty dismal. When the S5 is even struggling to make a profit after maintenance fees it does seem like some things may be wrong, but it also shows Bitmain isn't trying to offer anything "too good to be true". They are still offering the best mining investment options with the hardware (S7 to come), Hashnest market, and PACMiC contracts. As far as pointing miners to the pool thought I moved mine back to CKPool, and Slush about two week ago because of the variance issues.
With Antpool luck being so terrible, even S5 is not profitable for the last two days. I really do not know what is going on but 10.5 hours block is simply NOT ACCEPTABLE.
They are fine with free electricity, but if you would use a paid electricity, good luck.
Nah, I don,t plan on having this stuff sent to me. To each his own, may be of interest to someone.
antS2 UMISOO will enter into the “hardware redemption period”
HashNest • BITMAIN_Rob • Posted 2015-08-26 05:57:28 •Read 4 times
Since August 18th, 2015, revenues from UMISOO and ANTS2 PPS contacts have been lower than the power cost required by these machines. In accordance with the original contract terms, after ten days of such conditions, the contracts will terminate. We currently expect that these contracts will terminate on August 28th, 2015. From August 28th, these machines will be eligible for a 15 day redemption period. During this period, UMISOO and ANTS2 contracts will not be tradeable on the Gigahash Exchange. Each 1000 GH/s of UMISOO and ANTS2 can be redeemed for one unit of Antminer S2 physical hardware. The handling and packaging fee for each unit is set at USD $50 per machine, and the cost to ship each machine to Shenzhen is USD $65. Shipping costs from Shenzhen to final destination will be calculated by shipping company rates.
Specific details of the redemption process will be published shortly. If a user fails to submit a hardware redemption request and complete payment of the handling and shipping fees within the allotted timeframe, that user will be unable to redeem the hardware at a later date.
Due to the age and wear of these machines, Hashnest cannot guarantee the quality or condition of the physical hardware to be shipped, including that the hashrate will meet the originally published specifications. After machine redemption, Hashnest does not assume responsibility for machine warranties, technical support or repairs, damage incurred during shipping, or other risks.
https://forum.bitmain.com/bbs/topics/2051
HashNest • BITMAIN_Rob • Posted 2015-08-26 05:57:28 •Read 4 times
Since August 18th, 2015, revenues from UMISOO and ANTS2 PPS contacts have been lower than the power cost required by these machines. In accordance with the original contract terms, after ten days of such conditions, the contracts will terminate. We currently expect that these contracts will terminate on August 28th, 2015. From August 28th, these machines will be eligible for a 15 day redemption period. During this period, UMISOO and ANTS2 contracts will not be tradeable on the Gigahash Exchange. Each 1000 GH/s of UMISOO and ANTS2 can be redeemed for one unit of Antminer S2 physical hardware. The handling and packaging fee for each unit is set at USD $50 per machine, and the cost to ship each machine to Shenzhen is USD $65. Shipping costs from Shenzhen to final destination will be calculated by shipping company rates.
Specific details of the redemption process will be published shortly. If a user fails to submit a hardware redemption request and complete payment of the handling and shipping fees within the allotted timeframe, that user will be unable to redeem the hardware at a later date.
Due to the age and wear of these machines, Hashnest cannot guarantee the quality or condition of the physical hardware to be shipped, including that the hashrate will meet the originally published specifications. After machine redemption, Hashnest does not assume responsibility for machine warranties, technical support or repairs, damage incurred during shipping, or other risks.
https://forum.bitmain.com/bbs/topics/2051
They will send you a box of bricks
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