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Topic: HASHNEST Discussion and Support Thread - page 45. (Read 660097 times)

copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
But is possible to rise up  the price of GHs?

Yes. When bitcoins price rises for a sustained amount of time.
copper member
Activity: 20
Merit: 0
But is possible to rise up  the price of GHs?
sr. member
Activity: 700
Merit: 330
my invested is 11 BTC the payout is 2btc, and when i bought GHs was 0.00006 (10.2017)
and now is 0.000016. And if i want to recover my btc, from 11btc i get only 4 Btc
Why need to loose so much? why it is very down the price of GHs, please answer me and help me i need to know if will be ok in the future. Thanks

My deepest condolences. You should always do a research before you invest. There is no way to recover your investment, sorry. Sad New asics are coming out, so difficulty is rising steadily.
newbie
Activity: 77
Merit: 0
my invested is 11 BTC the payout is 2btc, and when i bought GHs was 0.00006 (10.2017)
and now is 0.000016. And if i want to recover my btc, from 11btc i get only 4 Btc
Why need to loose so much? why it is very down the price of GHs, please answer me and help me i need to know if will be ok in the future. Thanks

The difficulty rises too fast. I think it is not possible to get back your 11 BTC.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
my invested is 11 BTC the payout is 2btc, and when i bought GHs was 0.00006 (10.2017)
and now is 0.000016. And if i want to recover my btc, from 11btc i get only 4 Btc
Why need to loose so much? why it is very down the price of GHs, please answer me and help me i need to know if will be ok in the future. Thanks

The maintenance has rocketed recently as Bitcoin plumited.
I don't think it's actually possible for Bitcoin to fall in a general sense so just wait for it to rise and the market value will go up. You'll still get profit from it if you continue mining and hopefully you'll roi before redemption.
copper member
Activity: 20
Merit: 0
my invested is 11 BTC the payout is 2btc, and when i bought GHs was 0.00006 (10.2017)
and now is 0.000016. And if i want to recover my btc, from 11btc i get only 4 Btc
Why need to loose so much? why it is very down the price of GHs, please answer me and help me i need to know if will be ok in the future. Thanks
jr. member
Activity: 290
Merit: 1
I worked out I can get 8 shipped to me for ~$760, I assume the PSUs are probably worth about $50 at least and the s7s will probably sell for $50-100?

How sure are you that these even come with PSU's??

I was assuming they didn't come with PSU

They better had. It's like saying how do we know they come with the signal cables, the control computers... Hopefully they do, they're still parts of the miner.

Note their official facebook reply, PSU is not included.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
I'm getting mixed signals.
https://enforum.bitmain.com/bbs/topics/4014 - says no but they asked them quite while ago.

It was also asked here somewhere [according to a google search] and the S2s apparently came with a psu.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
I sent them a question through support asking if the hashnest s7 redemption units each come with a power supply or no

Please let me know if you guys found out anything

I might check their website and facebook/twitter to see if anything comes up. Let us know what the answer is, lets hope you get a reply before Friday!
sr. member
Activity: 689
Merit: 253
I sent them a question through support asking if the hashnest s7 redemption units each come with a power supply or no

Please let me know if you guys found out anything
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
I worked out I can get 8 shipped to me for ~$760, I assume the PSUs are probably worth about $50 at least and the s7s will probably sell for $50-100?

How sure are you that these even come with PSU's??

I was assuming they didn't come with PSU

They better had. It's like saying how do we know they come with the signal cables, the control computers... Hopefully they do, they're still parts of the miner.

Have you never ordered a miner new from Bitmain? They don't ship with a PSU... you have to order a PSU on the side.. I wonder if we can contact bitmain and ask.. if it DID come with a PSU... then redeeming definitely seems worth it as we could sell the S7s (if theres still demand) and PSUs

I know the others don't come with a psu but I always assumed these once do considering they inflate the price at "The Shop" by like $200.

You could always email and ask.
sr. member
Activity: 689
Merit: 253
I worked out I can get 8 shipped to me for ~$760, I assume the PSUs are probably worth about $50 at least and the s7s will probably sell for $50-100?

How sure are you that these even come with PSU's??

I was assuming they didn't come with PSU

They better had. It's like saying how do we know they come with the signal cables, the control computers... Hopefully they do, they're still parts of the miner.

Have you never ordered a miner new from Bitmain? They don't ship with a PSU... you have to order a PSU on the side.. I wonder if we can contact bitmain and ask.. if it DID come with a PSU... then redeeming definitely seems worth it as we could sell the S7s (if theres still demand) and PSUs
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
I worked out I can get 8 shipped to me for ~$760, I assume the PSUs are probably worth about $50 at least and the s7s will probably sell for $50-100?

How sure are you that these even come with PSU's??

I was assuming they didn't come with PSU

They better had. It's like saying how do we know they come with the signal cables, the control computers... Hopefully they do, they're still parts of the miner.
sr. member
Activity: 689
Merit: 253
I worked out I can get 8 shipped to me for ~$760, I assume the PSUs are probably worth about $50 at least and the s7s will probably sell for $50-100?

How sure are you that these even come with PSU's??

I was assuming they didn't come with PSU
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
I worked out I can get 8 shipped to me for ~$760, I assume the PSUs are probably worth about $50 at least and the s7s will probably sell for $50-100?
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
s7's are available to be redeemed now within 7 days.. its like 110 to something like 130 dollars for handling and shipping for each s7.. I don't think I'm going to redeem them.. I don't know if there is much aftermarket demand for them here or ebay but it doesn't seem like theres much demand or any at all..
Hmmmm, which is the cheapest shipping provider?
EDIT: it's $127 with dhl, that's a bit sad Sad

And if there's import tax on top of the shipping and handling, selling them would probably only break even.. I don't see anything about coupons this time
I don't think there is any import tax, might be wrong though - you're not buying something and I have no idea what price i bought it for.



I'm not sure how profitible these miners will actually be once redeemed
newbie
Activity: 25
Merit: 0
Yeah it's pretty messed up. Bitmain knows that most people aren't going to redeem their machines. I think they're paying a lot less for elecricity than they claim and will keep those machines running as long as they can - without having to give the customers a cut. Chances are the bitcoin price is going to rise at somepoint anyways, so win-win for Bitmain.

I've already withdrawn all my funds from the site, I'm done with cloudmining.
sr. member
Activity: 689
Merit: 253
s7's are available to be redeemed now within 7 days.. its like 110 to something like 130 dollars for handling and shipping for each s7.. I don't think I'm going to redeem them.. I don't know if there is much aftermarket demand for them here or ebay but it doesn't seem like theres much demand or any at all..

And if there's import tax on top of the shipping and handling, selling them would probably only break even.. I don't see anything about coupons this time

Anyone else facing this dilemma?
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
Could you elaborate on the coupons? I haven't been around when S5s became unprofitable.

Is there a chance we can redeem S7 hash into something else than physical machines?

The S5s could be converted into what I remember were $100 coupons. I found an email from hashnest on it.
I'll find it in a bit, my inbox is full of loads of remote login reminder stuff from when they didn't have 2FA.

Quote
As a token of appreciation for being our valued customer, HashNest would like to issue you a special $115 discount coupon towards the purchase of a new Antminer S7. All customers who purchased an S7 in shop from 2015-09-09 to 2016-03-24 are eligible for this promotion (S7 purchased from MARKET are beyond the promotion). One S7 hold can receive one coupon.

For S5 hashing holders, you can claim the coupon for purchase S7 instead choose to redeem them. Also, One S5 redemption can convert one S7 coupon.

Coupon redeem period: between April 1, 2016 and the end of S5 redemption.

Coupon Expiry date: It will last 40days since you get coupon.

This is an email I got on 31 March 2016.
I don't particularly understand it fully because of how bad their translation is → Online translators weren't very much better at that time.
newbie
Activity: 25
Merit: 0
Could you elaborate on the coupons? I haven't been around when S5s became unprofitable.

Is there a chance we can redeem S7 hash into something else than physical machines?
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