Topic: HASHNEST Discussion and Support Thread - page 3. (Read 660084 times)

It looks like an era is ending. The only honest cloud mining I've known is closing. Now just wait until there is someone who wants to take over this market. Hopefully it won't be another scammer.
It's a pity that Hashnest is closing. Thank you for a great piece of BTC mining history you have created!

How about the remaining unused electricity power I purchased? Refunds on that?

When will they be refunded? And to which currency?
I see it saying "payback 100%" however I do not have any of the money in my wallet.

Also what happens to any unsold hashrate after August 31st?

Thank you for the information.

https://support.hashnest.com/hc/en-us/articles/4404651021465-Announcement-184-Z11-and-S17-redemptions-open-now

Updated on 6 Aug 2021

Dear Hashnest Users,

Thank you so much for your patience. Z11 and S17 hashrates redemptions are open, users can place your sell orders in Z11 and S17 markets. Buy back price of Z11 is 2.29 USDT/KSols,  S17 is 8 USDT/T. We have removed the 0.5% handling fee of the market.

Z11 market http://hashnest.com/hash/market?mid=25

S17 Pro market http://hashnest.com/hash/market?mid=26

Everyday we will place 50,000 USDT buy orders for each market, in order to quickly complete the transaction, please directly place the corresponding sell orders in the market.

This redemption plan valid until 31 Aug 2021, HashNest reserves the right of final interpretation for the content herein above.

The redemption of other hashrates will also be opened as soon as possible, and the specific time will be announced separately. Thank you for your patience, and thank you for your kind understanding and support.

HashNest

PACMIC contracts are refunded.

RIP

What about PACMIC contracts?

 IMPORTANT！ Please read this announcement.
https://support.hashnest.com/hc/en-us/articles/4404299214105-Announcement-183-Termination-of-Agreements-and-Redemption-Open-

Could minimums be removed as well? Such as Eth requiring 0.1 or more.
The fee is already included at 0.005 so anything above that should be ok to do?

Dear Customer,


We are waiting for final decision from power station. We will wait until end of July. If power is still not restored, we will buy back hashrates. Please be patient.


Sorry for all inconvenience caused!

HashNest
14 July 2021

so this will be then end of Hashnest

Ah darn, I jumped the gun there.  I wonder at what rate?

it was a reply from a question about status.
The response says they will buy back hash rate, not ship machines.

Is there a link to this statement by them? I couldn't find it or I guess it was in private?
This would mean you could grab a S17Pro for about 1K right now, not a bad deal.

Figured i would post this.
Dear Customer,

Thank you for contacting us.


We are waiting for final decision from power station. We will wait until end of July. If power is still not restored, we will buy back hashrates. Please be patient.
Best regards,

Technical Support Team
Follow our Facebook, Twitter, Support page and Telegram group to avoid missing any latest news.

Just curious if there was any information on how things will proceed?
I understand this is beyond your control, aside from relocating, but this is also a very large amount of missed income now.  Especially for those who may have just joined in the past year.
I am not sure if it's reached this stage yet, but allowing people to reclaim their investments perhaps by shipping the miners out, since technically for all machines there have been zero profit in over 10 days.
Similar to the S7s and S9s etc.

I agree, they should open up all the markets now with all this news.
Not sure why they wouldn't already?

https://www.coindesk.com/sichuan-province-city-orders-crypto-miners-to-shut-down-for-inspection-reports

Also seems now even the 5700 and 598 cards are underpaying compared to what is listed

Edit: It seems all payouts have stopped even the PACMIC which makes sense as the past 3 difficulty drops have been huge.

thats the reason if i mine with hashnest it must be for miners which have an open market for it, so if i choose to go out, i can,..unfortunatly they havent opened market for newere machines....capital if cant be moved itsnt worth shit imo.

I very much agree with this.  Back when they were trust worthy I knew many people who used them and bought several miners.  ALL of them have sold out and quit since then.
So it's hurting their growth and income in that regard.

Hashnest has massive problems since April 2021, and i hope they come back to normal payouts at any time. 

the hashnest member get me an answer of my post from early May, that i received no payouts for my RX590 cards since 15.04.2021
i have to read all the announcements, they planed to move, then power outage, finally they have to move in advance

i take time to read all the announcements, i picked up the announcements for ETH Cards, here is my resume:

at 14.04.2021 there was an announcement #164 for an relocation of mining farm for 10 days from 30.04 - 10.05.2021
payouts stopped at 15.04.2021
at 16.04.2021 there was an announcement #167 for an inspection by power supplier
at 20.04.2021 there was an announcement #169 for resuming payouts of ETH, nothing happend
at 26.04.2021 there was an announcement #173 for relocating in advance. All hashrates may be restored around 1st May 2021    (it was 12.May)
at 10.05.2021 there was an announcement #176 that some 590 cards turned on and fully payout of 590 cards will be around 16th May (it never happend)
payouts resumed at 12.05.2021
at 14.05.2021 there was an announcement #177 that there is  a lack of water and power is strictly rationed, All mining contact will be affected (yes, this happend)
at 15.05.2021 payout go down to 1,50$ per RX590card
at 10.06.2021 payout go down to 0,56$ per RX590card
at 15.06.2021 there was an announcement #181 that 5700 cards turned on today, and for the other nearby mining farms power issues will be resolved around end of June

payout per RX590card is still down to 0,56$  per day, and this is a kind of nothing

this is an endless string of announcements since April, and nobody knows what new announcement comes at end of june

maybe it will be a kind of this one:
30.06.2021
Dear valued users,
Thank you so much for your patience!
The new Antminer E9 is coming to market and the maintenance fee for 5700 and RX590 Cards is greater than 80% of mining revenues, market will be closed
...

i am massive disappointed of this company and hashnest seems not willingness to give any kind of credit to his customers