HASHNEST Discussion and Support Thread - page 302.

jonnybravo0311

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Quote from: cloverme on September 02, 2014, 01:28:38 PM

Quote from: jonnybravo0311 on September 02, 2014, 11:28:41 AM

Quote from: BITMAIN on September 02, 2014, 11:25:16 AM

More than 200TH/s has been subscribed for only one hour Grin

Congratulations. Over 270BTC an hour isn't a bad payday Wink

I must be missing something... 200TH = ~5BTC a day, 4,000,000 GH/s is ~100BTC a day... ?

1.35BTC * 200.

As of right now, they have 3686313 GH/s remaining of the original 4000000 they had up for sale. They've sold 313687 GH/s in just about 4 hours. 313687 * 0.00135BTC per GH/s is 423.47745BTC. So it's slowing down a bit, but still pretty impressive.

buy4crypto

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freecrypto.top

Quote from: SectorZero on September 02, 2014, 01:43:25 PM

Quote from: ChuckBuck on September 02, 2014, 01:40:41 PM

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.

i bought same ghashes and i cant sell it anymore Angry

fuck these shit

Does anyone bother to look anymore?

Go to the "Service" tab

https://www.hashnest.com/wikis/29

How much is the trading fee?
There is no trading fees both for selling and ordering.

SectorZero

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Quote from: ChuckBuck on September 02, 2014, 01:40:41 PM

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.

i bought same ghashes and i cant sell it anymore Angry

fuck these shit

ChuckBuck

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better everyday ♥

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.

GenTarkin

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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?

cloverme

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SpacePirate.io

Quote from: jonnybravo0311 on September 02, 2014, 11:28:41 AM

Quote from: BITMAIN on September 02, 2014, 11:25:16 AM

More than 200TH/s has been subscribed for only one hour Grin

Congratulations. Over 270BTC an hour isn't a bad payday Wink

I must be missing something... 200TH = ~5BTC a day, 4,000,000 GH/s is ~100BTC a day... ?

windpath

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Quote from: GenTarkin on September 02, 2014, 01:24:54 PM

Quote from: cloverme on September 02, 2014, 01:24:26 PM

Hmmm break even on hashnest with maintenance and avg. difficulty is about 60-65 days, not terrible but not epic either Undecided

(Looking forward to the Antminer L1)

What is L1?

https://bitcointalksearch.org/topic/bitmain-antminer-l1-speculation-763314

GenTarkin

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Quote from: cloverme on September 02, 2014, 01:24:26 PM

Hmmm break even on hashnest with maintenance and avg. difficulty is about 60-65 days, not terrible but not epic either Undecided

(Looking forward to the Antminer L1)

What is L1?

cloverme

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SpacePirate.io

Hmmm break even on hashnest with maintenance and avg. difficulty is about 60-65 days, not terrible but not epic either Undecided

(Looking forward to the Antminer L1)

GenTarkin

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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?

SectorZero

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Hi man!
How i can sell my UMISOO hashrate? Huh

001sonkit

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Casper - A failed entrepenuer who looks like Zhou

Quote from: lechatnieger on September 02, 2014, 11:47:46 AM

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? Huh

,

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.

As mentioned previously by me, absolutely a bad choice if you were to buy without confirming that you can sell.

lechatnieger

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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? Huh

,

Thank's in advance.

jonnybravo0311

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Mine at Jonny's Pool

Quote from: BITMAIN on September 02, 2014, 11:25:16 AM

More than 200TH/s has been subscribed for only one hour Grin

Congratulations. Over 270BTC an hour isn't a bad payday Wink

BITMAIN

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https://www.bitmain.com

More than 200TH/s has been subscribed for only one hour Grin

001sonkit

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Casper - A failed entrepenuer who looks like Zhou

Quote from: jonnybravo0311 on September 02, 2014, 11:19:31 AM

Quote from: Master One on September 02, 2014, 11:13:30 AM

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? Huh

However you turn it, it still looks like 1 + 1 = 0 Sad

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.

So, is it impossible for a consumer to profit? No. It's just exceptionally unlikely.

If there is a market to sell shares to the next idiot, yes
Else, no.

jonnybravo0311

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Quote from: Master One on September 02, 2014, 11:13:30 AM

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? Huh

However you turn it, it still looks like 1 + 1 = 0 Sad

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.

So, is it impossible for a consumer to profit? No. It's just exceptionally unlikely.

Master One

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Wanna buy a Tesla? Visit TeslaBargain.com first!

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? Huh

However you turn it, it still looks like 1 + 1 = 0 Sad

001sonkit

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Casper - A failed entrepenuer who looks like Zhou

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.

jonnybravo0311

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Quote from: windpath on September 02, 2014, 10:34:36 AM

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.

Quote from: 001sonkit on September 02, 2014, 10:38:43 AM

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

Topic: HASHNEST Discussion and Support Thread - page 302. (Read 659734 times)