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Topic: HASHNEST Discussion and Support Thread - page 246. (Read 660097 times)

hero member
Activity: 1988
Merit: 593
January 14, 2015, 07:17:14 AM
buy now Umisso by 0.0001, price bitcoin just get up and resell at 0.0004
full member
Activity: 236
Merit: 100
January 14, 2015, 06:29:25 AM
so if I understand well.

The 24th we will kown if hashnest definitively stop mining .

After this we have until the 10 th of february to redeem hardware .

Am i correct ??
full member
Activity: 168
Merit: 100
January 14, 2015, 04:17:20 AM
[ANN] Jan 14th, 2014 - Umisoo, ANTS2, & ANTS3 Hardware Powered Off

Today, at 08:05 GMT, all Hashnest Umisoo, ANTS2, & ANTS3 units were powered off, as their maintenance fee became higher than their payout. This procedure was previously outlined in this post https://forum.bitmain.com/bbs/topics/969. At the moment, we are examining the situation to determine what further action will be taken. We will be doing our best to keep you updated with the latest information. As long as the machines are switched off, there will be no new revenue payments from these machines. Further, we will collect no maintenance fee on the Umisoo, ANTS2, and ANTS3 during this time.

it means umisoo , s2 and s3 closed now
like a cex.io
and we loss :/
full member
Activity: 151
Merit: 100
January 14, 2015, 04:03:02 AM
[ANN] Jan 14th, 2014 - Umisoo, ANTS2, & ANTS3 Hardware Powered Off

Today, at 08:05 GMT, all Hashnest Umisoo, ANTS2, & ANTS3 units were powered off, as their maintenance fee became higher than their payout. This procedure was previously outlined in this post https://forum.bitmain.com/bbs/topics/969. At the moment, we are examining the situation to determine what further action will be taken. We will be doing our best to keep you updated with the latest information. As long as the machines are switched off, there will be no new revenue payments from these machines. Further, we will collect no maintenance fee on the Umisoo, ANTS2, and ANTS3 during this time.

Note: GH/s trading for these units will continue as normal. Users may still buy or sell mining contracts for the Umisoo, ANTS2, and ANTS3 during this time.
full member
Activity: 168
Merit: 100
January 14, 2015, 03:28:38 AM
umisso prize down to 0,0002 Sad
i bought them 0,0005 10 day before
i lost %60 already
and they cant do mining..
should i sell them now?
hero member
Activity: 494
Merit: 500
January 14, 2015, 02:00:46 AM
I can tell you one thing the s4 will be way overpriced.

If the s2 are still even at 95% maintenance you will make more off the s2 at this price then you will off the s4 considering the s4 will be 10 x the btc per hash.

The maintenance savings of the s4 compared to how many more times it costs then the s2 will not be worth it.

That is IF s2 is still under 100% maintenance.  I am guessing short term btc/usd recovers making s2 a great buy at this price.  If it doesn't the difficulty will plummet next change and put the s2 back under 100% maintenance.

Free money as long as we don't crash a lot more from here.  In that case be ready to have some s2 wth psu shipped to your residence.  For me that is fine since I have low cost electric.
hero member
Activity: 672
Merit: 500
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January 14, 2015, 12:50:50 AM
Sounds like they are going to do it exactly like they did the s3.  You buy a unit and select umisoo.  

They then credit your account with however many ghs that unit has. s4 are about 2 th per unit?  They also say can take 72 hours to get it converted.

Just remember the stats they gave are not too much better then the s3 units..  S4 Market will open a total of 2200TH/s generated by 1100 units of S4 while consuming 0.7W per GH/s.

The s3 units were .8w I think.


Anyways, those units will probably be way overpriced but the risk of them going offline will be a lot less short term.   If btc/usd drops where it makes everything but the latest s5 units obsolete, difficulty is going to plummet.  The amount of usd you get per btc will be a lot lower but when the difficulty adjusts, and all old equipment goes offline, you will make more btc per unit of hashing power.
YEAH i seen that 72 hours...... not happy lol
hero member
Activity: 494
Merit: 500
January 13, 2015, 11:36:13 PM
You know that is another good point, you are not only getting the s2 but a PSU for the 44.00 usd.

Not sure if they would still be enermax 1000+ units.  I think that is what my first s2 came with here at home.
sr. member
Activity: 968
Merit: 250
January 13, 2015, 11:32:29 PM
1. How to process the hardware when the maintenance fee equals to the mining earnings?
Will power off S2 when the maintenance fee equals to the mining earnings, and then reserve these hardware for 10 days. If the maintenance fee is back to lower than mining earnings during this reservation period of 10 days, we will power on hardware again. Otherwise, Umisoo market based on S2 will be closed permanently after the reservation period of 10 days. 

2. If user can redeem hardware?
Sure, user is able to request to redeem hardware with its own handling fee and shipping cost.
Please be informed:
User has to redeem hardware within 15 days after Umisoo market based on S2 closed permanently, if you want to redeem hardware. Hardware will be discarded after this period of 15 days and the hashing contract will be terminated automatically.
While user is able to request to redeem hardware at any time before market closed.

3. If user can request to redeem hardware, no matter how many hashrates it buys ? 
Redeem is not acceptable if your hashrates are less than one Th/s. Only the integer multiple of 1 Th/s are allowed to redeem the full units of hardware. If you have hashrate 1Th/s, then you can request to redeem one S2 including case, PSU, control board. If you have hashrate 1.2Th/s, you also can request to redeem one S2, but can not redeem hardware for the 0.2Th/s.


got this from their forum.     its 1th  per redemption, so if u plan to redeem, make sure u have 1th even  for each machine
sr. member
Activity: 418
Merit: 250
January 13, 2015, 11:22:24 PM
I started the day with 10TH and have 30TH now. I am banking on the price recovering but we will see. Either a brilliant move or huge mistake.
member
Activity: 118
Merit: 10
January 13, 2015, 11:20:18 PM
It has been up for me this whole time.

Where are you guys located?
down in america

Whaat?? America? Hashnest DC?
I thought it's in China like a AMHash, isn't it?
hero member
Activity: 494
Merit: 500
January 13, 2015, 11:12:07 PM
anyone know during the 10 day period will trading still be open , when machines are off.

Not sure, but I would strongly guess it would be open like cex is doing.  The thing with cex is their equipment is antique they need a btc price of 320 usd to run at break even.

At least with umisoo we are still break even at 220.   Just need to hold that or hit it a few times until the next adjustment of difficulty goes way down. 

Like I said if it doesn't I basically get free s2 machines for the cost of shipping.  Then I can plug them in as my power is cheap enough for them to break even and wait for the difficulty to plummet like it will if btc/usd stays this low.
hero member
Activity: 494
Merit: 500
January 13, 2015, 11:08:48 PM


where is the option to have the miner shipped? Did not know that


Bitmain Janet I think mentioned it above in the thread, but it is also on the forums at hashnest I believe.

Also they state it right in the description for the new s4 units that if they go unprofitable the s4 can definitely be redeemed + shipping.
sr. member
Activity: 968
Merit: 250
January 13, 2015, 11:08:13 PM
anyone know during the 10 day period will trading still be open , when machines are off.
sr. member
Activity: 968
Merit: 250
January 13, 2015, 11:05:58 PM
its back boyz, but the market is fuked.  which means i should load up ahahah.  lets do this chunky
legendary
Activity: 924
Merit: 1000
January 13, 2015, 11:05:21 PM
Been up for me the whole time as well.

That is too bad you can't get in Umisoo is at .0002.  I guess people forget they can get units shipped to them for the price of shipping per 1TH.

That is .20 btc per s2 or roughly 44+ shipping.  A lot of places in the world will be able to use those units with cheap electric.

That is if you are thinking there is no way btc goes back above 220 it is trading out now.

IMO it is pretty much free money to be buying now.  Worst case is you get s2 units for about 200 or less total.  Best case BTC recovers, if you look at the btc orderbooks on every major exchange there is hardly anything left on the asks.  

They didn't fill in behind on the way down, paper thin means most likely btc/usd recovers at least to 250.00 range and at .0002 per ghs it is a steal.  Like I said worse case is you get some s2 units you can resell or wait and see if btc recovers.

Edit- I am in the US also and it has hashnest is still up, hasn't gone down.  I would check those websites that tell you if the site is down or is it you.  Google search is it down or me.

where is the option to have the miner shipped? Did not know that
hero member
Activity: 494
Merit: 500
January 13, 2015, 11:03:06 PM
Yeah I just got a bunch of units for .0002.  That is the way I am looking at it, where I live I would still run these.

If the btc price goes back up or if difficulty drops ( I think it drops at least 10% next adjustment ) it is free money.

But don't worry some people that are in a panic and don't understand are still selling at .0002 so you will probably have time.

GL
sr. member
Activity: 968
Merit: 250
January 13, 2015, 10:57:16 PM
it says down for everyone when i check.dam it u guys get to make the first move, im jealous.
hero member
Activity: 494
Merit: 500
January 13, 2015, 10:31:37 PM
Been up for me the whole time as well.

That is too bad you can't get in Umisoo is at .0002.  I guess people forget they can get units shipped to them for the price of shipping per 1TH.

That is .20 btc per s2 or roughly 44+ shipping.  A lot of places in the world will be able to use those units with cheap electric.

That is if you are thinking there is no way btc goes back above 220 it is trading out now.

IMO it is pretty much free money to be buying now.  Worst case is you get s2 units for about 200 or less total.  Best case BTC recovers, if you look at the btc orderbooks on every major exchange there is hardly anything left on the asks.  

They didn't fill in behind on the way down, paper thin means most likely btc/usd recovers at least to 250.00 range and at .0002 per ghs it is a steal.  Like I said worse case is you get some s2 units you can resell or wait and see if btc recovers.

Edit- I am in the US also and it has hashnest is still up, hasn't gone down.  I would check those websites that tell you if the site is down or is it you.  Google search is it down or me.
sr. member
Activity: 968
Merit: 250
January 13, 2015, 10:15:42 PM
what price is umisoo trading at right now
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