Topic: HASHNEST Discussion and Support Thread - page 265. (Read 660097 times)

hum... seriously... are you thinking what's you're writing?  cause that's really make no sense.. sorry..

So Bitmain owns the Umisoo S2 cloud? I thought Umisoo and Bitmain are just close business partners.

aBIG + 1 for those clarifications. it's look's like there"s a lot of confusion on many people minds.  i have to explain that too often... so thanx again  

I think you might be on the wrong forum. This is for HASHNEST. Currently, HASHNEST is comprised of the Snowball.io cloud and farm acquisition (slowly being converted over ) and UMISOO. UMISOO has been identified as a set of S2 farms that were acquired by BITMAINTECH, in the effort to establish a marketable cloud platform to interested parties. The pool that you are referring to in your post is ANTPOOL. That has been previously identified by BITMAINTECH as its premine pool for new equipment. That pool in no way is tied to this pool. To believe that BITMAINTECH premining and selling equipment off would directly correlate to a drop in this pools hash rate is a false assumption. Unless of course BITMAINTECH/HASHNEST was not entirely upfront with the establishment of the UMISOO farms and hash rate. While that should not correlate to the overall hash rate on HASHNEST, BITMAINTECH is still the owner which ties back to my original question....how is building up a competitor a fiscally sound  idea? BITMAINTECH has openly acknowledged that for large customers it provides equipment at a more wholesale rather than retail premium price. So the company likely did not make as much off of the gear as it would have should it have sold to smaller parties. Based on GAW's statements in relation to the contract confirmation, it would seem that GAW got the 5PH/S for much cheaper than most expectations. If you read the link from my original post about it, you will see that GAW personnel and posters are essentially gloating about the fact that they were able to use their weight to negotiate a very very favorable deal from the side of GAW.

Well I dought bitmain cloud mining service is a competitor of gaw. Bitmain mines with its hardware before selling it to consumers. The recent drop in hashnest power may be attributed to the shipment of s4 by bitmain. But thats just my theory. So basically they mined with hardware that was preordered by others. And now others can get in the game. Bitmain will defiantly be working on the manufacturing the next power efficient miners instead of now just working on s4s.

Yes I know it is business. I would just like to see some of the reasoning behind feeding and empowering one of the principal competitors.

Lol Sandler73 , its business bro bitmain makes miners to sell

HASHNEST,

So BITMAIN, theoretically you, have confirmed that BITMAINTECH has contracted with GAW for BITMAINTECH to provide 5PH/S of hash rate to GAW's cloud mining platform Zencloud/Hashbase. Here is the link to show that BITMAIN did in fact confirm the contract. https://bitcointalk.org/index.php?topic=827552.new#new

Since BITMAINTECH has its own cloud platform, HASHNEST, how is this 5PH/S of provided hash rate expected to affect the HASHNEST platform/pool/payouts/etc? Would not providing 5PH/S of hash rate to a direct competitor be against the best interests of HASHNEST and its users?

Look forward to your quick and informative response.

Hi, the column contains 0.2815072 means the balance of your account, and I found that you withdrawal 0.2580992 BTC. Please re-check.

Well one of my tickets got responded too...

If either of you can get a response from hashnest that isn't just a link to an old post that is no longer applicable...i'd be very very surprised.

I have the same problem. 20% of hashrate is gone.

My displayed hashrate has consistently been showing 20% lower than my amount of UMISOO shares should provide; this has been going on for the past several days. Is this a known issue and, if so, what is Hashnest doing about it?

Hashnest,

For example, here are two recent days in my history:

2014-10-23 20:55:52   -0.0243972   0.0193185  BTC   Mining   Maintenance Fee: UMISOO
2014-10-23 20:55:52   +0.0433058   0.0437158  BTC   Mining   Earnings: UMISOO
2014-10-22 14:52:59   -0.0229979   0.2585092  BTC   Mining   Maintenance Fee: UMISOO
2014-10-22 14:52:59   +0.0396654   0.2815072  BTC   Mining   Earnings: UMISOO
2014-10-21 19:00:42   -0.0228456   0.2418418  BTC   Mining   Maintenance Fee: UMISOO


Please explain how my mining earnings (gross) went from .2815072 on October 22, to only .0437158 on October 23??!!!

Please also explain where I can see my compensation.  It appears that all you have done was reduce my hashrate, and reduce my maintenance fees according to the MUCH lower hash rate I now have.  That is NOT compensation, and is an adjustment.

If you do not have enough hashrate to support what I purchased, you need to REFUND and compensate.

You also need to open trading on the regular Hashnest market since it is clear that Umisoo is oversold already.

Bitmaintech does not need this headache and it is fast turning into a fraud.  Help us help you.

Hashnest,

Thank you for providing some info.  There are still some serious questions not answered by the Hashnest posts on your internal board:

1) How can Hashnest continue to offer 700Ths when your self-reported hashpower is down to 2.5 Phs, and by your previous charts you already sold 3 Phs?  It would seem you are already oversold relative to real mining power. So why are you keeping the round open and still selling when you do not have sufficient mining power to meet previously sold hashpower?

2) Your post does not explain how Hashnest is "compensating" users.  I see that my own mining is down by about 200 Ghs.   I am having trouble understanding exactly how I am being compensated for the loss of mining power.  Please explain with enough detail that I can go to my wallet and check your calculations.

@HashNest:

Why would you change the hashrate on the offering page to 3PH if your under "Maintenance Mode"? How long does maintenance take?

Can you elaborate on what your doing to fix the issue? Are you adding in Antminer S4's, replacing the Antminer S3's, etc? Would calm the market if Hashnest provided a plan on what will be done (with a timeline)..

i've looked at the hyperlink you provided and the response to questions is less than it is here......

Hi, please refer this topic that we published both on the official forum and bitcointalk.org - https://www.hashnest.com/bbs/topics/357

that isn't exactly true. you can hold gh/s and still not get answers to questions/tickets/posts etc.

they only answer investors lol all my answers are gone un answered. But one of my 4 months old ticket finally got answered...