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Topic: HASHNEST Discussion and Support Thread - page 43. (Read 660130 times)

jr. member
Activity: 504
Merit: 1
if no new machines and if LTC bottomed i dont expect lower lows for the hash of LTC and the same goes for BTC hash, its kinda fairly risk free at this level, bcs if BTC does the inverted H & S, or diamond bottom, we might see a decent bounce for cripto in general, but that doesnt mean some smaller caps coins will do less then the LTC + mining plus hashrate higher, but not to much more either.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
oh, i got out with profit, i didnt wait in here all along, so i have a profit, and i want to make profit again, whats the point if no profit, then its better to do nothing...

From ROI or from the market? I made about 0.1BTC profit from the s7 market.

Trading is quite risky. You might not win in the long term.

It's not that risky when you know what you're doing and you analyse the market well.

I'm not rleasing my secrets but there are a lot of ways to make profits using the market that are fairly risk free.
member
Activity: 120
Merit: 10
oh, i got out with profit, i didnt wait in here all along, so i have a profit, and i want to make profit again, whats the point if no profit, then its better to do nothing...

From ROI or from the market? I made about 0.1BTC profit from the s7 market.

Trading is quite risky. You might not win in the long term.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
oh, i got out with profit, i didnt wait in here all along, so i have a profit, and i want to make profit again, whats the point if no profit, then its better to do nothing...

From ROI or from the market? I made about 0.1BTC profit from the s7 market.
jr. member
Activity: 504
Merit: 1
oh, i got out with profit, i didnt wait in here all along, so i have a profit, and i want to make profit again, whats the point if no profit, then its better to do nothing...
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
yeah it might, but ill be happy if i will seel for the same price i bought,..hahai cant belive i paied last year for 3 machines for 330 LTC, and now they are at 6.5LTC. And it has to do with how much it mines per day as well, so i am not sure it will rebound, it might if we go big position in, but i aint.

Wow! That's a tremendous loss there.
I considered buying an L3+ but the idea that it was the first litecoin miner that came out i decided to plunge just 2 ltc into it. I'm very happy that I did do that though since how much they're worth now.
There's probably going to be a while until they go over 100% so you could ROI however the chances of that will depend on quite a few things.
jr. member
Activity: 504
Merit: 1
yeah it might, but ill be happy if i will seel for the same price i bought,..hahai cant belive i paied last year for 3 machines for 330 LTC, and now they are at 6.5LTC. And it has to do with how much it mines per day as well, so i am not sure it will rebound, it might if we go big position in, but i aint.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
but i still bought 2/3 machines L3,...i think they will still mine with a profit, if cripto rebounds for a half a year from now,...so i will actually wait untill they abondon the service....at least widrawals of LTC works, which was the most undesired with them...i will have 1/4 mining, 2/4 arbitrage on DEC not with them, and 1/4 on margin..

The S7s rebounded from 75% last year before the price of bitcoin rose to $20000 so the L3+ and S9s are probably quite likely to do the same if bitcoin rises a bit.
jr. member
Activity: 504
Merit: 1
but i still bought 2/3 machines L3,...i think they will still mine with a profit, if cripto rebounds for a half a year from now,...so i will actually wait untill they abondon the service....at least widrawals of LTC works, which was the most undesired with them...i will have 1/4 mining, 2/4 arbitrage on DEC not with them, and 1/4 on margin..
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
The current BTC withdrawal fee was changed due to complaints back when there was an extreme backlog of transactions and they were only charging .0002 BTC fee. People were complaining because their transactions would be stuck for days/weeks. Unfortunately, they have never changed the fee back.
And we know why they haven't changed that back...
Also, I never had an issue even in the extreme backlog, although I suppose my transactions were mostly quite small so it was 1/2 inputs to 2 outputs.
legendary
Activity: 1806
Merit: 1828
I just want to clarify something whether they are paying to the members or not? I hear previously they are charging high amount for withdrawals and the answers from them is maintenance fee? Still, they are paying to their community on time?

I'm not sure about their support. The withdrawal fee for Bitcoin is 0.001BTC which is extremely excessive.
The other withdrawal fees don't look too bad - a way to get you to trade them so they get 0.2% presumably.

The current BTC withdrawal fee was changed due to complaints back when there was an extreme backlog of transactions and they were only charging .0002 BTC fee. People were complaining because their transactions would be stuck for days/weeks. Unfortunately, they have never changed the fee back.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
I just want to clarify something whether they are paying to the members or not? I hear previously they are charging high amount for withdrawals and the answers from them is maintenance fee? Still, they are paying to their community on time?

I'm not sure about their support. The withdrawal fee for Bitcoin is 0.001BTC which is extremely excessive.
The other withdrawal fees don't look too bad - a way to get you to trade them so they get 0.2% presumably.
sr. member
Activity: 700
Merit: 330
Wonder why they don't add some of their other algo miners to the mix.
The L3 sold out on hashnest in hours when first released, and had a 2% maintenance fee and insane returns.
The trading and maintenance fees now probably earns Bitmain more than the miners themselves.

It's pretty clear to me that Bitmain doesn't really care about Hashnest much anymore the way they've been acting recently and thus they aren't adding new miners- they did the redemption period for S7s the way they did for previous miners like the S3s and S5s, but there's been more and more server maintenance and errors in general on the platform since the Scrypt miners were added. The profitability on S9s and L3+s continues on a downward fall and the redemption of their last miners might just be the end of Hashnest considering they've added nothing since the L3+s and things have been going down since then.

Yes, for sure, since the last mining restrictions in China Bitmain decided to abandon Hashnest. They will likely shut it down when S9 and L3+ fall below the profitability threshold (that will happen by 2019-2020 for sure).
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
Wonder why they don't add some of their other algo miners to the mix.
The L3 sold out on hashnest in hours when first released, and had a 2% maintenance fee and insane returns.
The trading and maintenance fees now probably earns Bitmain more than the miners themselves.


It's pretty clear to me that Bitmain doesn't really care about Hashnest much anymore the way they've been acting recently and thus they aren't adding new miners and they might just move to just fully mining for themselves- they did the redemption period for S7s the way they did for previous miners like the S3s and S5s, but there's been more and more server maintenance and errors in general on the platform since the Scrypt miners were added. The profitability on S9s and L3+s continues on a downward fall and the redemption of their last miners might just be the end of Hashnest considering they've added nothing since the L3+s and things have been going down since then. I would be pretty disappointed if Hashnest just died like this- I remember the platform back when the S3s and S5s were traded and there used to be a chatbox in the Android app that people actually used. Good times...
full member
Activity: 1134
Merit: 102
Wonder why they don't add some of their other algo miners to the mix.
The L3 sold out on hashnest in hours when first released, and had a 2% maintenance fee and insane returns.
The trading and maintenance fees now probably earns Bitmain more than the miners themselves.



I just want to clarify something whether they are paying to the members or not? I hear previously they are charging high amount for withdrawals and the answers from them is maintenance fee? Still, they are paying to their community on time?
jr. member
Activity: 504
Merit: 1
yeah the first month i mined 3LTC per day, that was the crazinest period of time, i wll never forget,..
hero member
Activity: 979
Merit: 510
Wonder why they don't add some of their other algo miners to the mix.
The L3 sold out on hashnest in hours when first released, and had a 2% maintenance fee and insane returns.
The trading and maintenance fees now probably earns Bitmain more than the miners themselves.

jr. member
Activity: 504
Merit: 1
LTC is a little beter, kinda tempting the 70s,...lol
jr. member
Activity: 290
Merit: 1
woo..the maintenance fee/payout ratio is up to 70% now..
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
Any idea on when the next generation will be available on Hashnest?
Would be awesome if they released the 7nm or more Algo miners on there.
Don't see how they could lose on that deal, and it's a fun way to mine with such a liquid setup.


I can think there'll probably be a catch with the next one. They seemed to have given up on hashnest until recently, unless it's just me thinking that they've given up because nothing was really needed for a while as their site seems to be running fairly smoothly again.

The catch I'm thinking of is probably making the miners to be sold for like double the price that you could usually buy them for or something. Though it is quite a good way to mine and does usually bring in quite a good profit to get a miner straight from the shop as new (I don't think there's been a miner yet where someone hasn't ROI'd from doing that).

They also usually only like to support three currencies on their site, maybe they'll start doing a thing of offering a hash of each for a certain price and then convert it to Bitcoin. By the three currencies I mean they started off with BTC, LTC and DOGE and now they're limiting it to BTC, LTC and BCC.
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