Topic: HASHNEST Discussion and Support Thread - page 8. (Read 660119 times)

link for 1 Z11 should be something like this: https://www.cryptocompare.com/mining/calculator/zec?HashingPower=135&HashingUnit=KH%2Fs&PowerConsumption=1620&CostPerkWh=0.075&MiningPoolFee=5

and its at 1.5-2.5 usd advertised, thats something like 4-5x less, im sure it would be sold out or close to sold out, if you could update mining rewards,...i really dont know how come it comes out so much less,..especially now that zec s at 150...now i said what i wanted to say and im gona be saying no more.

My payouts have been under half of what the estimator says and other calculators, and that's before any fees or electric.
My electric rate has also still been 0.075 though they said it would be 0.055
Also it seems you're unable to sell on the market below certain values, 5 USDT for A11 for example, which are no longer realistic given the new pricing.

it's capped at 50 USDT

Too expensive

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We are releasing Innosilicon A10 Pro, a mining rig that specifically mines ETH.

Price: US$12999

Hashrates: 710 MH/s

Power: 1.9718 W/MHS

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When will GPU trading market open up?
And any ETA on exchange for btc to usdt or swapping all shares to btc or their own coin ?

Where did the S19 go from the Lucky App?
That was fun tossing 1 or 2 coins into.

Welcome to the Forum of us old schoolers
Their responses like that do leave a lot to be desired.
The ability for them to:
1. Payout less than advertised or normal payouts for similar hardware is ok.
2. A month of downtime is acceptable downtime with the only compensation being a small break in electricity fee for less than the time it was down
3. Random price limits and or no trading of shares at all for some miners. For example S17 is MAX 50 USDT and Z11 is MIN 5.00 with basically everyone wanting to sell at that price.

These three things need to be addressed in a way to reassure clients big and small that HashNest has some interest in calming our nerves with their recent irregularities.
Especially as things are looking very good for miners, even small miners can attract and scare away whales(I personally talk to 1 on here about this in private)
Even taking a small hit on overall profit margins will make up for it with a larger flow of client cash coming in to buy up miners, fees from withdraws and share selling, and being able to charge a higher price per miner or electric fee.

A type of Service Level Agreement spelling out compensation for the above issues when they persist would be amazing.

In the S4 and S5 days, I never said a single bad thing about Hashnest as they were perfect! Not a single issue.
However as others have said, since Bitmain no longer owns it, it has been a bit rocky.

I do appreciate all the work you do Hashnest! Please appreciate our feedback as well!

I asked support why I seemed to be getting half of what I should be getting based on the hardware and their response was as follows:

"Dear Customer,

Thank you for contacting us.

Many S17 miners have run more than one year, hashrates are less than theoretical and many miners are offline, we are still repairing them. All users share the total hashrates.

S19 is better, are all brand new miners. Sorry for all inconvenience caused!"

So basically without getting into all of the funky math, they are openly admitting that their claims on potential returns are false. There's nothing to indicate whether you are buying (hashrates from) a used or new S17 device.   

As of the time this was written, the S19 has an amortization rate of over a year.  Since they start to break down after a year, you will never see a return. 

The majority of the comments in the last two pages indicate that payouts are no where close to what is advertised regardless of the coin or hardware. Digging through the discussions also reveals Hashnest and Bitmain  are owned by different people even though the site makes it appear that they are part of the same company.

Anyways, if got here via Google, this is my Hashnest review and experience with them.  It's possible that everyone posting here who is having issues with returns is an outlier but I would say it's not a good idea to engage them as a retail customer.   Maybe things have improved since this was written but try before you buy if at all possible.

I hope this does not get deleted.  It took a while to find this forum and some honest feedback.

Hello everyone, can someone help me? my account has been locked for security reason, i did verification twice, 1 month before, second time 1 week before, support ignored me last week, blocked in telegram group, no one answer me for 9 days, 1 month i can't unlock my account, someone can help me here?
if what i can do all screenshots.
http://prntscr.com/xcm9pl
i was tired waiting for responde once per month.

the payout rate for GPU598 change from 0.00224ETH at 10.01.2021 to
0.00187 at 11.01.2021  ==> this is a drop to -16%