So is it confirmed that you can't trade like CEX.io, I'm still not clear?
You own the hash you purchase until the power costs exceed the miner earnings. Then what happens? You just lose the hash, or can you trade it in for more, or cash out your hash?
Didn't see the answer to this part anywhere yet.
Topic: HASHNEST Discussion and Support Thread - page 301. (Read 660130 times)
Im gonna guess that we cant point this hashrate anywhere we like, to try and get over 100% pps?
Also, any comment on my maint fee question above anyone?
Also, any comment on my maint fee question above anyone?
More than 200TH/s has been subscribed for only one hour 
Congratulations. Over 270BTC an hour isn't a bad payday 
I must be missing something... 200TH = ~5BTC a day, 4,000,000 GH/s is ~100BTC a day... ?
Hmmm break even on hashnest with maintenance and avg. difficulty is about 60-65 days, not terrible but not epic either 
(Looking forward to the Antminer L1)
(Looking forward to the Antminer L1)
What is L1?
https://bitcointalksearch.org/topic/bitmain-antminer-l1-speculation-763314
Hmmm break even on hashnest with maintenance and avg. difficulty is about 60-65 days, not terrible but not epic either
(Looking forward to the Antminer L1)
(Looking forward to the Antminer L1)
What is L1?
Hmmm break even on hashnest with maintenance and avg. difficulty is about 60-65 days, not terrible but not epic either
(Looking forward to the Antminer L1)
(Looking forward to the Antminer L1)
So, the maint fee Im confused about. Is it pegged to USD price of btc, or is it a flat rate set in btc and they are just showing it in $ for convienience. IE: what happens if price of btc plummets, will maint fee (in btc) skyrocket?! Or will the fee in btc remain the same?
Hi man!
How i can sell my UMISOO hashrate?
How i can sell my UMISOO hashrate?
If i buy UMISOO/BTC at price 0.00135 per btc, am i able to trade gigahash as on CEX.IO?
for now i cannot see the market umisoo/ghash, in mining rig sell area.i Know that umisoo/btc, is not a mining rig.
will there be a market to trade gigahash for this kind of purchase? ,
Thank's in advance.
Until they sold all of them is what they say. Never is what i (and you) should assume, market is saturated after a short period of time and given this reaction on market.... no chance that they will sell all at this price.for now i cannot see the market umisoo/ghash, in mining rig sell area.i Know that umisoo/btc, is not a mining rig.
will there be a market to trade gigahash for this kind of purchase?
,Thank's in advance.
As mentioned previously by me, absolutely a bad choice if you were to buy without confirming that you can sell.
If i buy UMISOO/BTC at price 0.00135 per btc, am i able to trade gigahash as on CEX.IO?
for now i cannot see the market umisoo/ghash, in mining rig sell area.i Know that umisoo/btc, is not a mining rig.
will there be a market to trade gigahash for this kind of purchase? ,
Thank's in advance.
for now i cannot see the market umisoo/ghash, in mining rig sell area.i Know that umisoo/btc, is not a mining rig.
will there be a market to trade gigahash for this kind of purchase?
,Thank's in advance.
More than 200TH/s has been subscribed for only one hour
Congratulations. Over 270BTC an hour isn't a bad payday 
More than 200TH/s has been subscribed for only one hour
So to recap:
HASHNEST is offering the best conditions on the cloud / DC mining market right now, outperforming all the other large names like CEX / GAW / GHASH, and it nevertheless is impossible to reach a positive ROI?
Has ANYONE at HASHNEST done any serious calculations, or do they just target stupid BTC newbies not capable of doing some basic math?
However you turn it, it still looks like 1 + 1 = 0
Pretty much exactly what every cloud mining provider does. They exist to make themselves profit. They've done plenty of calculations, believe me. They arrived at their price point to minimize risk to themselves as much as possible. Like I wrote previously, that 1TH/s contract needs difficulty jumps of less than 5% to turn a profit for the customer.HASHNEST is offering the best conditions on the cloud / DC mining market right now, outperforming all the other large names like CEX / GAW / GHASH, and it nevertheless is impossible to reach a positive ROI?
Has ANYONE at HASHNEST done any serious calculations, or do they just target stupid BTC newbies not capable of doing some basic math?
However you turn it, it still looks like 1 + 1 = 0
So, is it impossible for a consumer to profit? No. It's just exceptionally unlikely.
Else, no.
So to recap:
HASHNEST is offering the best conditions on the cloud / DC mining market right now, outperforming all the other large names like CEX / GAW / GHASH, and it nevertheless is impossible to reach a positive ROI?
Has ANYONE at HASHNEST done any serious calculations, or do they just target stupid BTC newbies not capable of doing some basic math?
However you turn it, it still looks like 1 + 1 = 0
Pretty much exactly what every cloud mining provider does. They exist to make themselves profit. They've done plenty of calculations, believe me. They arrived at their price point to minimize risk to themselves as much as possible. Like I wrote previously, that 1TH/s contract needs difficulty jumps of less than 5% to turn a profit for the customer.HASHNEST is offering the best conditions on the cloud / DC mining market right now, outperforming all the other large names like CEX / GAW / GHASH, and it nevertheless is impossible to reach a positive ROI?
Has ANYONE at HASHNEST done any serious calculations, or do they just target stupid BTC newbies not capable of doing some basic math?
However you turn it, it still looks like 1 + 1 = 0
So, is it impossible for a consumer to profit? No. It's just exceptionally unlikely.
So to recap:
HASHNEST is offering the best conditions on the cloud / DC mining market right now, outperforming all the other large names like CEX / GAW / GHASH, and it nevertheless is impossible to reach a positive ROI?
Has ANYONE at HASHNEST done any serious calculations, or do they just target stupid BTC newbies not capable of doing some basic math?
However you turn it, it still looks like 1 + 1 = 0
HASHNEST is offering the best conditions on the cloud / DC mining market right now, outperforming all the other large names like CEX / GAW / GHASH, and it nevertheless is impossible to reach a positive ROI?
Has ANYONE at HASHNEST done any serious calculations, or do they just target stupid BTC newbies not capable of doing some basic math?
However you turn it, it still looks like 1 + 1 = 0
con't
As a customer, or a Bitcoiner or.. actually whatever else human with some common sense. I am quite dissatisfied with the launch of Hashnest.
1: From the early days of Snowball.IO, owner was intended to target US customers (since you guys buy shares at crazy price on CEX, GHASH is dominating the network). Now with the abundance of customer support BITMAIN, the support given towards customer (in Bitcointalk, compared to those on QQ) is pathetically low. Like an online ROM.
2: Clumsy arrangements, moving posts/threads.
3: UMISOO suppose to be a launch party for pretty much everyone. Yet they turned it into a "see who doesn't know how to use calc" gathering. Optimal way would be something like incremental pricing (some low volume of cheap share at like 0.0008), reward programmes (free electricity for X days), buy and refer some one to buy programme.... yadayada to promote the launch of the new business, plus create a experiment on price discover towards the market.
4: Opening market after all share sold is simply mean.
PS: I wonder when will the online support be actually responding.
As a customer, or a Bitcoiner or.. actually whatever else human with some common sense. I am quite dissatisfied with the launch of Hashnest.
1: From the early days of Snowball.IO, owner was intended to target US customers (since you guys buy shares at crazy price on CEX, GHASH is dominating the network). Now with the abundance of customer support BITMAIN, the support given towards customer (in Bitcointalk, compared to those on QQ) is pathetically low. Like an online ROM.
2: Clumsy arrangements, moving posts/threads.
3: UMISOO suppose to be a launch party for pretty much everyone. Yet they turned it into a "see who doesn't know how to use calc" gathering. Optimal way would be something like incremental pricing (some low volume of cheap share at like 0.0008), reward programmes (free electricity for X days), buy and refer some one to buy programme.... yadayada to promote the launch of the new business, plus create a experiment on price discover towards the market.
4: Opening market after all share sold is simply mean.
PS: I wonder when will the online support be actually responding.
Watching for the Bitmain version of p2pool....
Any idea when the source will be released and how they addressed variance for smaller miners?
At 1 TH/s limit per contract p2pool variance, considering an additional 4 PH/s total bringing the pool to 7 PH/s+, will be completely unacceptable for most miners....
The 1TH/s limit was removed. You can purchase as much as you want.Any idea when the source will be released and how they addressed variance for smaller miners?
At 1 TH/s limit per contract p2pool variance, considering an additional 4 PH/s total bringing the pool to 7 PH/s+, will be completely unacceptable for most miners....
Maintenance fee is 50% of CEX.IO
As of now, CEX charges 0.18 per month
Hashnest(UMISOO) charges 0.0032422 per day, eqiv 0.097 per month per GH.
You're right, and I had edited my post while you were replying As of now, CEX charges 0.18 per month
Hashnest(UMISOO) charges 0.0032422 per day, eqiv 0.097 per month per GH.
Why are the prices, maint fee included, so high?
M
So they can make a profit...M
Think of the structure like this: they are asking you to purchase an S2 for 1.35BTC and then charging you $98 a month to host it. Run that through any calculator out there and you'll find the difficulty increases need to be lower than 5% for you to even break even.
well informed customer, I am a Chinese (reads Chinese) and is happy with Snowball.IO's service since like their first launch week.
With my young face, I am long away to be a representative.
Maintenance fee is 50% of CEX.IO
As of now, CEX charges 0.18 per month
Hashnest(UMISOO) charges 0.0032422 per day, eqiv 0.097 per month per GH.
The reason for me to be a more or less fanboy of them is becoz of their first service on mining rigs that you can import and export in exchange of GH shares or an actual miner shipped to you, respectively. Additionally, they plan on move on to P2Pool, which with BITMAIN's tech background, possible. (Not like PETA on Havelock...... thats another story)
Right now, I DOES NOT own any shares of UMISOO. The offering of it is dangerous as it couldn't be liquidated (at market like other mining rigs) until all sold. I would not consider until they have release the market out for liquidation.
With my young face, I am long away to be a representative.
Maintenance fee is 50% of CEX.IO
As of now, CEX charges 0.18 per month
Hashnest(UMISOO) charges 0.0032422 per day, eqiv 0.097 per month per GH.
The reason for me to be a more or less fanboy of them is becoz of their first service on mining rigs that you can import and export in exchange of GH shares or an actual miner shipped to you, respectively. Additionally, they plan on move on to P2Pool, which with BITMAIN's tech background, possible. (Not like PETA on Havelock...... thats another story)
Right now, I DOES NOT own any shares of UMISOO. The offering of it is dangerous as it couldn't be liquidated (at market like other mining rigs) until all sold. I would not consider until they have release the market out for liquidation.
Watching for the Bitmain version of p2pool....
Any idea when the source will be released and how they addressed variance for smaller miners?
At 1 TH/s limit per contract p2pool variance, considering an additional 4 PH/s total bringing the pool to 7 PH/s+, will be completely unacceptable for most miners....
Any idea when the source will be released and how they addressed variance for smaller miners?
At 1 TH/s limit per contract p2pool variance, considering an additional 4 PH/s total bringing the pool to 7 PH/s+, will be completely unacceptable for most miners....
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