Author

Topic: HASHNEST Discussion and Support Thread - page 247. (Read 660097 times)

sr. member
Activity: 418
Merit: 250
January 13, 2015, 10:10:38 PM
It has been up for me this whole time.

Where are you guys located?
legendary
Activity: 924
Merit: 1000
January 13, 2015, 09:42:30 PM
Still offline this is kind of ridiculous at least make a public announcement if you will be down this long.
sr. member
Activity: 968
Merit: 250
January 13, 2015, 09:01:41 PM
how much longer guys?

did they even make an annoucement , they were going off line.
hero member
Activity: 494
Merit: 500
January 13, 2015, 07:28:33 PM
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.
donator
Activity: 1120
Merit: 1001
January 13, 2015, 07:22:02 PM


lol i really dont know if that is how it goes does that mean, i can buy s4 units have them there at hashnest and then sell part of ghs to people on market is this correct?

Yes.
hero member
Activity: 672
Merit: 500
ADAMANT — the most secure and anonymous messenger
January 13, 2015, 06:43:57 PM
hashnest is down ...
It'll be back up, they added hashnest s4 to their store. I assume it's all an update.

i do not see any s4 on the market place  Cry
https://bitmaintech.com/productDetail.htm?pid=00020150113072354545V0QVLrSw06A5

"HASHNEST is very proud to announce its ANTMINER S4 Market – Purchase S4, Convert it to Hashrate, and mine at Antpool, which will be online at 10:00am on Jan.14th, 2015 (GMT+8 Time Zone). S4 Market will open a total of 2200TH/s generated by 1100 units of S4 while consuming 0.7W per GH/s.
BITMAIN will cover the downtime loss, providing 100% hashing function guaranteed. Payout is based on the PPLNS mode of Antpool, which is subject to its pool luck. Even if ANTMINER S4 you bought fails indeed, HASHNEST would automatically compensate the mining loss to your account based on the hashing power you bought.
"

MMMM i read this and i dont know might be me being off but this makes it seem like they only going to sale the whole unit. Is this true or are they going to use it for their cloud services as well for normal customers like they got umisoo and s2 and s3 right now on the market place?
Isn't that how S2 and S3 got on there? People bought whole units sold the hashes on the market at an increase and made profit while buyers could buy independent gh?

lol i really dont know if that is how it goes does that mean, i can buy s4 units have them there at hashnest and then sell part of ghs to people on market is this correct?
legendary
Activity: 1274
Merit: 1000
★ BitClave ICO: 15/09/17 ★
January 13, 2015, 06:13:52 PM
I can't access to the hashnest.com
What's wrong?
hero member
Activity: 672
Merit: 500
ADAMANT — the most secure and anonymous messenger
January 13, 2015, 05:41:49 PM
hashnest is down ...
It'll be back up, they added hashnest s4 to their store. I assume it's all an update.

i do not see any s4 on the market place  Cry
https://bitmaintech.com/productDetail.htm?pid=00020150113072354545V0QVLrSw06A5

"HASHNEST is very proud to announce its ANTMINER S4 Market – Purchase S4, Convert it to Hashrate, and mine at Antpool, which will be online at 10:00am on Jan.14th, 2015 (GMT+8 Time Zone). S4 Market will open a total of 2200TH/s generated by 1100 units of S4 while consuming 0.7W per GH/s.
BITMAIN will cover the downtime loss, providing 100% hashing function guaranteed. Payout is based on the PPLNS mode of Antpool, which is subject to its pool luck. Even if ANTMINER S4 you bought fails indeed, HASHNEST would automatically compensate the mining loss to your account based on the hashing power you bought.
"

MMMM i read this and i dont know might be me being off but this makes it seem like they only going to sale the whole unit. Is this true or are they going to use it for their cloud services as well for normal customers like they got umisoo and s2 and s3 right now on the market place?
hero member
Activity: 672
Merit: 500
ADAMANT — the most secure and anonymous messenger
January 13, 2015, 04:25:22 PM
hashnest is down ...
It'll be back up, they added hashnest s4 to their store. I assume it's all an update.

i do not see any s4 on the market place  Cry
sr. member
Activity: 351
Merit: 252
January 13, 2015, 02:37:06 PM
hashnest is down ...
hero member
Activity: 672
Merit: 500
ADAMANT — the most secure and anonymous messenger
January 13, 2015, 01:25:10 PM
I'm glad I got out of Hashnest about 6 weeks ago with a tidy profit. I saw the collapse of cloudmining coming but it arrived even sooner than I thought it would... PBMining, Cointerra, CEX and soon, Hashnest.

Cloud mining service has its end written in the contract. But the drawdown of the bitcoin exchange rate make it faster than expected. And the speculative market and the greedy of the cloud mining service providers stop the price of contract goes down. As the cloud mining contract buyers cannot get the contract at a low enough price, usually the investors who hold the contract in long term cannot get profitable.

Buy a cloud mining contract at reasonable price (very important) from reliable provider will still be a choice of Bitcoin investment.

i see what you are saying and it does have its merrits, and all cloud mining well most say will end at some time well except cex.io they say it is for lifetime as long as it is still making profit that is. Maybe if some of this cloud companies that are selling bitcoin so low to fill sell / buy orders instead of pushing up little bit higher at a time will be good for price
hero member
Activity: 672
Merit: 500
ADAMANT — the most secure and anonymous messenger
January 13, 2015, 01:20:15 PM
I'm glad I got out of Hashnest about 6 weeks ago with a tidy profit. I saw the collapse of cloudmining coming but it arrived even sooner than I thought it would... PBMining, Cointerra, CEX and soon, Hashnest.
it is horrible this price of bitcoin is killing everything so hardcore, i wish people would turn off the old miners and let hashrate drop some. I know one of my friends sons has like 40 jalapenos running still because he gets free power in the college house he lives in, now i wonder how many other people are like him
hero member
Activity: 806
Merit: 507
Trusted Campaign manager
January 13, 2015, 09:14:50 AM
Bitmain is still selling Theis Hardware and id.....s  buying them...
full member
Activity: 236
Merit: 100
January 13, 2015, 09:09:43 AM
if btc prize is continue as now or going down all cloud mining services will close
because it's not pfofitable for user or cloud mining server
today cex stoped.. in next they other farm will follow cex..


but with cex closing down we should see difficulty decrease due to the hashpower removed, no ??
if diff decrease it's more earnings for the other ??

hero member
Activity: 806
Merit: 507
Trusted Campaign manager
January 13, 2015, 08:42:34 AM
Hashnest can replace umisoo minning for S5 Ghash per Ghash and continue minning...

KNC guys have free eneergy GREEN ONE, like Solar-Wind generators....
full member
Activity: 238
Merit: 100
January 13, 2015, 03:35:24 AM
if btc prize is continue as now or going down all cloud mining services will close
because it's not pfofitable for user or cloud mining server
today cex stoped.. in next they other farm will follow cex..
donator
Activity: 1120
Merit: 1001
January 13, 2015, 01:37:59 AM
I'm glad I got out of Hashnest about 6 weeks ago with a tidy profit. I saw the collapse of cloudmining coming but it arrived even sooner than I thought it would... PBMining, Cointerra, CEX and soon, Hashnest.

Cloud mining service has its end written in the contract. But the drawdown of the bitcoin exchange rate make it faster than expected. And the speculative market and the greedy of the cloud mining service providers stop the price of contract goes down. As the cloud mining contract buyers cannot get the contract at a low enough price, usually the investors who hold the contract in long term cannot get profitable.

Buy a cloud mining contract at reasonable price (very important) from reliable provider will still be a choice of Bitcoin investment.
hero member
Activity: 784
Merit: 1004
Glow Stick Dance!
January 12, 2015, 11:56:21 PM
I'm glad I got out of Hashnest about 6 weeks ago with a tidy profit. I saw the collapse of cloudmining coming but it arrived even sooner than I thought it would... PBMining, Cointerra, CEX and soon, Hashnest.
hero member
Activity: 979
Merit: 510
January 12, 2015, 11:39:32 PM
They are not raising fees really.  I said it a few pages back to not be surprised that the fee goes up if btc/usd goes down.

I also said with the difficulty the fee % is going to get bigger.  

Lastly, I said there was a reason the bid side of umisoo was empty down to the .00033 level.

Think ahead.  Yes, Bitmain is in a better position then cex was as cex never upgraded equipment and was probably paying a lot for electric, but they shut down today.  

One more time, be prepared for them to stop payments if maintenance becomes 100% it should not shock anyone.  There is a reason the old s2 umisoo didn't have buy support down to .00033 levels.

Edit to be clear that is the reason umisoo was at .00033 levels last week when btc was 260+, and difficulty was 8% less.  So yes, support is going to be lower now then .00033.  

Maintenance is now 81% with just a 10 USD drop in the btc/usd price.

Just be careful here.  Only 19% left to play with before they would take umisoo offline.   That is not taking into account next weeks difficulty which at the moment looks to be +.

I hope that they will do something like lower the fees or something like convert shares to S3 but I doubt it (can not blame them its clear as day on the terms). This will kill the S2 market as well leaving only the S3 unless they are releasing the S4 market within a week.

I'm sitting here wondering to either take a decent loss and sell at current buy price my Umisoo shares, then buy at sell price for S3, or to sit on my Umisoo shares and hope on what Hashnest will do won't go the way of others.  Though, If I was an S2 or S3 holder who was angry about the low price of Umisoo shares in December, I would be sitting happy as at least have the hardware owned.
legendary
Activity: 924
Merit: 1000
January 12, 2015, 10:47:14 PM
They are not raising fees really.  I said it a few pages back to not be surprised that the fee goes up if btc/usd goes down.

I also said with the difficulty the fee % is going to get bigger.  

Lastly, I said there was a reason the bid side of umisoo was empty down to the .00033 level.

Think ahead.  Yes, Bitmain is in a better position then cex was as cex never upgraded equipment and was probably paying a lot for electric, but they shut down today.  

One more time, be prepared for them to stop payments if maintenance becomes 100% it should not shock anyone.  There is a reason the old s2 umisoo didn't have buy support down to .00033 levels.

Edit to be clear that is the reason umisoo was at .00033 levels last week when btc was 260+, and difficulty was 8% less.  So yes, support is going to be lower now then .00033.  

Maintenance is now 81% with just a 10 USD drop in the btc/usd price.

Just be careful here.  Only 19% left to play with before they would take umisoo offline.   That is not taking into account next weeks difficulty which at the moment looks to be +.

I hope that they will do something like lower the fees or something like convert shares to S3 but I doubt it (can not blame them its clear as day on the terms). This will kill the S2 market as well leaving only the S3 unless they are releasing the S4 market within a week.
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