HASHNEST Discussion and Support Thread - page 169.

kevindurant

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Quote from: BitcoinNewsMagazine on August 25, 2015, 11:39:25 AM

UMISOO is a high reward but high risk contract and my favorite to trade when bitcoin price is above $260. Hashnest makes clear on their website the terms of UMISOO. If you happen to own UMISOO you can sell now but the offer price is almost nothing. Traders got out of UMISOO when the price started to downtrend weeks ago. Right now UMISOO and S2 contracts are only profitable if bitcoin price is over $256. S5 is profitable down to $130, S4 is $181 and S3 is profitable above $214.

Wow, I better sell my UMISOO contracts now. I thought they will start mining again at 220$.

ziomar

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Quote from: galdur on August 25, 2015, 11:37:52 AM

Quote from: ziomar on August 25, 2015, 11:32:57 AM

Quote from: galdur on August 25, 2015, 11:30:26 AM

Quote from: ziomar on August 25, 2015, 10:56:51 AM

Quote from: galdur on August 25, 2015, 10:47:40 AM

I can already see the headline in bitcoin news magazine.

Miracle Math. One sixth of the world,s hashrate fails to find a single block in ten going on twelve hours. Thought to portend the second coming of satoshi.

I think they simply stop mining since the price of BTC get lower than 230 USD, just to collect the maintenance fees.
Of course it's just my opinion nothing more

The pool has been and is reporting about 67 ghs mining. And also reporting not finding a block since 6 am utc, likelihood zero.

Can you kindly share with me these info please Wink

Well, I just did I guess but you can look up antpool at hashnest.com and follow found blocks and hashrate at blockchain of course.

LOL i thought you check in different sites

BitcoinNewsMagazine

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Quote from: kevindurant on August 25, 2015, 11:26:01 AM

Quote from: Tigggger on August 25, 2015, 11:12:42 AM

Quote from: kevindurant on August 25, 2015, 11:01:40 AM

What do you mean by "lose" their investment? No money back for those terminated contracts?
Anyway I think they will mine again as Bitcoin price is rising.

Nothing back at all, they are sold as a contract that runs until 10 days have passed where maintenance fees are higher than income.

At the moment 6 days have gone by, bitcoin would need to reach ~$249 dollars in the next 4 days for them to continue, can't see that happening.

That's ridiculous man. If all UMISOO investors will lose their whole investments, that doesn't make any sense. Why don't people sell for whatever price now? It's better than lose them all.

UMISOO is a high reward but high risk contract and my favorite to trade when bitcoin price is above $260. Hashnest makes clear on their website the terms of UMISOO. If you happen to own UMISOO you can sell now but the offer price is almost nothing. Traders got out of UMISOO when the price started to downtrend weeks ago. Right now UMISOO and S2 contracts are only profitable if bitcoin price is over $256. S5 is profitable down to $130, S4 is $181 and S3 is profitable above $214.

galdur

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Quote from: ziomar on August 25, 2015, 11:32:57 AM

Quote from: galdur on August 25, 2015, 11:30:26 AM

Quote from: ziomar on August 25, 2015, 10:56:51 AM

Quote from: galdur on August 25, 2015, 10:47:40 AM

I can already see the headline in bitcoin news magazine.

Miracle Math. One sixth of the world,s hashrate fails to find a single block in ten going on twelve hours. Thought to portend the second coming of satoshi.

I think they simply stop mining since the price of BTC get lower than 230 USD, just to collect the maintenance fees.
Of course it's just my opinion nothing more

The pool has been and is reporting about 67 ghs mining. And also reporting not finding a block since 6 am utc, likelihood zero.

Can you kindly share with me these info please Wink

Well, I just did I guess but you can look up antpool at hashnest.com and follow found blocks and hashrate at blockchain of course.

ziomar

sr. member

Activity: 344

Merit: 250

CCMINER.NET

Quote from: galdur on August 25, 2015, 11:30:26 AM

Quote from: ziomar on August 25, 2015, 10:56:51 AM

Quote from: galdur on August 25, 2015, 10:47:40 AM

I can already see the headline in bitcoin news magazine.

Miracle Math. One sixth of the world,s hashrate fails to find a single block in ten going on twelve hours. Thought to portend the second coming of satoshi.

I think they simply stop mining since the price of BTC get lower than 230 USD, just to collect the maintenance fees.
Of course it's just my opinion nothing more

The pool has been and is reporting about 67 ghs mining. And also reporting not finding a block since 6 am utc, likelihood zero.

Can you kindly share with me these info please Wink

galdur

hero member

Activity: 616

Merit: 500

Quote from: ziomar on August 25, 2015, 10:56:51 AM

Quote from: galdur on August 25, 2015, 10:47:40 AM

I can already see the headline in bitcoin news magazine.

Miracle Math. One sixth of the world,s hashrate fails to find a single block in ten going on twelve hours. Thought to portend the second coming of satoshi.

I think they simply stop mining since the price of BTC get lower than 230 USD, just to collect the maintenance fees.
Of course it's just my opinion nothing more

The pool has been and is reporting about 67 ghs mining. And also reporting not finding a block since 6 am utc, likelihood zero.

kevindurant

hero member

Activity: 546

Merit: 500

Quote from: Tigggger on August 25, 2015, 11:12:42 AM

Quote from: kevindurant on August 25, 2015, 11:01:40 AM

What do you mean by "lose" their investment? No money back for those terminated contracts?
Anyway I think they will mine again as Bitcoin price is rising.

Nothing back at all, they are sold as a contract that runs until 10 days have passed where maintenance fees are higher than income.

At the moment 6 days have gone by, bitcoin would need to reach ~$249 dollars in the next 4 days for them to continue, can't see that happening.

That's ridiculous man. If all UMISOO investors will lose their whole investments, that doesn't make any sense. Why don't people sell for whatever price now? It's better than lose them all.

Tigggger

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Quote from: kevindurant on August 25, 2015, 11:01:40 AM

What do you mean by "lose" their investment? No money back for those terminated contracts?
Anyway I think they will mine again as Bitcoin price is rising.

Nothing back at all, they are sold as a contract that runs until 10 days have passed where maintenance fees are higher than income.

At the moment 6 days have gone by, bitcoin would need to reach ~$249 dollars in the next 4 days for them to continue, can't see that happening.

kevindurant

hero member

Activity: 546

Merit: 500

Quote from: BitcoinNewsMagazine on August 25, 2015, 10:37:47 AM

Quote from: kevindurant on August 25, 2015, 10:06:40 AM

Quote from: Tigggger on August 25, 2015, 10:05:20 AM

Quote from: kevindurant on August 25, 2015, 10:00:17 AM

UMISOO contracts looks very cheap. Are they still mining positive at this rate?

No, and in 4 more days (unless there is a sudden spike in btc price) the contracts will be terminated

What happens when contracts terminated? Money back to UMISOO owners or something else?

Contracts are terminated and those who own UMISOO hash lose their investment unfortunately.

What do you mean by "lose" their investment? No money back for those terminated contracts?
Anyway I think they will mine again as Bitcoin price is rising.

ziomar

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Activity: 344

Merit: 250

CCMINER.NET

Quote from: galdur on August 25, 2015, 10:47:40 AM

I can already see the headline in bitcoin news magazine.

Miracle Math. One sixth of the world,s hashrate fails to find a single block in ten going on twelve hours. Thought to portend the second coming of satoshi.

I think they simply stop mining since the price of BTC get lower than 230 USD, just to collect the maintenance fees.
Of course it's just my opinion nothing more

galdur

hero member

Activity: 616

Merit: 500

I can already see the headline in bitcoin news magazine.

Miracle Math. One sixth of the world,s hashrate fails to find a single block in ten going on twelve hours. Thought to portend the second coming of satoshi.

cesmak

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Quote from: ziomar on August 25, 2015, 08:13:53 AM

Quote from: cesmak on August 25, 2015, 08:11:46 AM

Quote from: ziomar on August 25, 2015, 08:06:42 AM

More than 6 hours and no bloks found Huh

What is going on here Huh

Bad luck... sometimes happens.....

did it happen before already like 7 hours like today?
The maintenace fee for these 7 hours must be crazy Shocked

Yes, happened, if i rembember well, in the past, one time passed half a day without a block, very rarely, but happened...

Yep maintenance will be a bomb.....

BitcoinNewsMagazine

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