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Topic: HASHNEST Discussion and Support Thread - page 85. (Read 660097 times)

hero member
Activity: 742
Merit: 500
December 10, 2016, 09:47:32 AM
excellent news,

we will see more profit from these antminers in the future.

Are you sure?

Price is super sucks
legendary
Activity: 1890
Merit: 1037
December 08, 2016, 07:23:43 AM
excellent news,

we will see more profit from these antminers in the future.
hero member
Activity: 741
Merit: 514
https://www.bitmain.com
December 08, 2016, 05:35:35 AM


HashNest released the most efficient hashrate AntminerS9 officially on 7/12/2016 Beijing time.

Specifications as below:
--------------------------
Hashrates: 12.5T

Power: 130W/T

Price: $1699

Electricity fee: $0.234/THS/Day

Meanwhile HashNest dropped down the electricity fee for both AntS7 and AntS9 respectively.

Electricity fee for AntS7 dropped from $0.5796/THS/Day to $0.445/THS/Day  
***************************************************************
Electricity fee for AntS9 dropped from $0.305/THS/Day to $0.234/THS/Day
***************************************************************
sr. member
Activity: 968
Merit: 250
December 07, 2016, 05:45:55 PM
finally its here .   the maint  fee got reduce as well.  they always find a way to suck us back in. 
sr. member
Activity: 1400
Merit: 273
December 06, 2016, 11:29:24 AM
I'm also pretty sure you can redeem hashrate for miners once they become 100% on hashnest. I've snagged cheap S5s and S3's on the site a year or so ago, and you can even make quite a good amount just reselling them. The big factor is shipping costs, else the miners they ship come in fair condition- not all of em are in good condition, but they're good enough.

that is better than most other cloud mining sites. In the other sites, you do not have access to your miners afterwards.
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
December 04, 2016, 04:22:08 PM
I'm also pretty sure you can redeem hashrate for miners once they become 100% on hashnest. I've snagged cheap S5s and S3's on the site a year or so ago, and you can even make quite a good amount just reselling them. The big factor is shipping costs, else the miners they ship come in fair condition- not all of em are in good condition, but they're good enough.
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
November 30, 2016, 05:09:31 PM
Dear Bitmain,

Very interest to invest my bitcoin in cloud mining, want to know, if I invest about 2 BTC, how long I get for return of investment if the bitcoin price about $750.

Best regards and thank you very much.
Lookat the market, people are selling all gh/s, half years ago it's price was nearly 10x higher and now it won't makes profit. If you'll invest that 2 bitcoin in buying s7 hashrates, than you won't get profit, you only loose. While they aren't going to add s9 on market,  it don't worth to invest in s7.

They added pacmic V5 with antminer s9 and hope this means that it will soon appear on market.
sr. member
Activity: 1400
Merit: 273
November 30, 2016, 08:26:54 AM
well you can instead of taking btc back can reinvest the btc into more gh/s per block found and increase the 6 th/s, back when i did pacmic4 they offered 1 th/s per 1 btc and i had 1.2? th/s cant remember exactly, but i know it took forever due to rebuying hash rate instead of taking btc. so i am guessing over or at 6 months.

and i believe i read here on the forms bitman just went ahead and paid everyone back instead of waiting on mining the btc back, they offer that too with Pacmic. But them just paying them back without the interest on the remaining btc., so they kinda lost some interest.

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Two more difficulty rise and S7 is gone

So why people still hold S7 ? Price on market should be dumped to few satoshi! Why is this not happening? Is it possible (in theory)that the S7 survive longer?

If bitcoin price goes up it could prolong the S7, but the markets have never been rational. Don't buy if it isn't a good value.

The S7 is good for the people with <0.05 dollar/kWh electricity. Otherwise, it will be loss making for them.
legendary
Activity: 2800
Merit: 1012
Get Paid Crypto To Walk or Drive
November 27, 2016, 02:47:52 PM
well you can instead of taking btc back can reinvest the btc into more gh/s per block found and increase the 6 th/s, back when i did pacmic4 they offered 1 th/s per 1 btc and i had 1.2? th/s cant remember exactly, but i know it took forever due to rebuying hash rate instead of taking btc. so i am guessing over or at 6 months.

and i believe i read here on the forms bitman just went ahead and paid everyone back instead of waiting on mining the btc back, they offer that too with Pacmic. But them just paying them back without the interest on the remaining btc., so they kinda lost some interest.

Icon




Two more difficulty rise and S7 is gone

So why people still hold S7 ? Price on market should be dumped to few satoshi! Why is this not happening? Is it possible (in theory)that the S7 survive longer?

If bitcoin price goes up it could prolong the S7, but the markets have never been rational. Don't buy if it isn't a good value.
sr. member
Activity: 469
Merit: 250
November 27, 2016, 02:38:09 PM
well you can instead of taking btc back can reinvest the btc into more gh/s per block found and increase the 6 th/s, back when i did pacmic4 they offered 1 th/s per 1 btc and i had 1.2? th/s cant remember exactly, but i know it took forever due to rebuying hash rate instead of taking btc. so i am guessing over or at 6 months.

and i believe i read here on the forms bitman just went ahead and paid everyone back instead of waiting on mining the btc back, they offer that too with Pacmic. But them just paying them back without the interest on the remaining btc., so they kinda lost some interest.

Icon




Two more difficulty rise and S7 is gone

So why people still hold S7 ? Price on market should be dumped to few satoshi! Why is this not happening? Is it possible (in theory)that the S7 survive longer?
hero member
Activity: 742
Merit: 500
November 27, 2016, 01:00:32 PM
Probably, but pacmic 5 are running off s9's Smiley

 the Antminer S9 units backing the PACMiC may not be profitable to run and be forced to go offline, in which case contracts would be suspended (possibly indefinitely)

https://www.hashnest.com/contracts/new

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That makes sense! Thanks for the info
hero member
Activity: 821
Merit: 503
November 27, 2016, 01:55:21 AM
Probably, but pacmic 5 are running off s9's Smiley

Quote form the pacmic 5 contract:

"Q:Is the PACMiC really risk-free?

A: Like all forms of bitcoin mining, there is a certain level of risk involved. If network difficulty unforeseeably skyrockets, or if the price of bitcoin drops too much, the Antminer S9 units backing the PACMiC may not be profitable to run and be forced to go offline, in which case contracts would be suspended (possibly indefinitely) and the user may not recover the initial cost of the miner. However, the AntMiner S9 is currently the most power efficient bitcoin miner available on the market, and would be among the last to be forced to power down under unfavorable market circumstances. It is our comprehensive evaluation that the likelihood of PACMiC holders not recovering their initial cost is indeed quite low. We ask that all users please understand the risks inherent to any sort of bitcoin mining, and also to understand that there is no such thing as a risk-free product. "

https://www.hashnest.com/contracts/new

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hero member
Activity: 742
Merit: 500
November 26, 2016, 09:46:54 PM
well you can instead of taking btc back can reinvest the btc into more gh/s per block found and increase the 6 th/s, back when i did pacmic4 they offered 1 th/s per 1 btc and i had 1.2? th/s cant remember exactly, but i know it took forever due to rebuying hash rate instead of taking btc. so i am guessing over or at 6 months.

and i believe i read here on the forms bitman just went ahead and paid everyone back instead of waiting on mining the btc back, they offer that too with Pacmic. But them just paying them back without the interest on the remaining btc., so they kinda lost some interest.

Icon




Two more difficulty rise and S7 is gone
hero member
Activity: 821
Merit: 503
November 26, 2016, 05:08:14 PM
Whats with bitman's passport login 504 bad gateway error been over 4 hours...

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hero member
Activity: 821
Merit: 503
November 23, 2016, 09:14:50 PM
well you can instead of taking btc back can reinvest the btc into more gh/s per block found and increase the 6 th/s, back when i did pacmic4 they offered 1 th/s per 1 btc and i had 1.2? th/s cant remember exactly, but i know it took forever due to rebuying hash rate instead of taking btc. so i am guessing over or at 6 months.

and i believe i read here on the forms bitman just went ahead and paid everyone back instead of waiting on mining the btc back, they offer that too with Pacmic. But them just paying them back without the interest on the remaining btc., so they kinda lost some interest.

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hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
November 23, 2016, 06:27:51 PM
no, you get paid the 45 soc/sec till i get back the 1 btc i gave bitman plus what ever the 6 th/s mines the average time is around 120 days. You give them 1 btc , and they mine 1 btc back to you, plus the time between blocks you earn 45 soc/sec interest.. Also 1 contract (1 btc worth)= 6 th/s of mining power.

Not exactly sure but i believe  .45 soc/sec = 0.00000000045 btc sec

here is the contract:  https://www.hashnest.com/contracts/new?contract_id=5   <.... again

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PS

This is my second go round with Pacmic contracts, last interest was .45 soc/sec and i made 0.04 back after hitting ROI

So they will pay 0.45 sat/sec until I earn my 1 BTC invested back.

The trick here is that they don't say how long will take to reach ROI. That is what I understood after read their formula:
Unpaid principal (BTC) * 0.45 (satoshis per BTC per second) * time to find a block (seconds)

When you made 0.04 BTC back, how long did it take to hit ROI?
legendary
Activity: 2282
Merit: 1035
November 23, 2016, 04:52:53 PM
Dear Bitmain,

Very interest to invest my bitcoin in cloud mining, want to know, if I invest about 2 BTC, how long I get for return of investment if the bitcoin price about $750.

Best regards and thank you very much.

Sorry, but no one is able to answer your question.
ROI depends mainly on two factors, that are unpredictable:
- Bitcoin price
- Mining difficulty

Maybe someone who was investing in past can tell you how long takes him to get ROI. But certainly no one can tell you how long it will take now.
hero member
Activity: 821
Merit: 503
November 23, 2016, 03:24:35 PM
no, you get paid the 45 soc/sec till i get back the 1 btc i gave bitman plus what ever the 6 th/s mines the average time is around 120 days. You give them 1 btc , and they mine 1 btc back to you, plus the time between blocks you earn 45 soc/sec interest.. Also 1 contract (1 btc worth)= 6 th/s of mining power.

Not exactly sure but i believe  .45 soc/sec = 0.00000000045 btc sec

here is the contract:  https://www.hashnest.com/contracts/new?contract_id=5   <.... again

Icon

PS

This is my second go round with Pacmic contracts, last interest was .45 soc/sec and i made 0.04 back after hitting ROI
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
November 23, 2016, 11:18:00 AM
Hey, I saw your new offer HashNest, PACMiC. We invest 1 BTC and earn 0.45 satoshis per second. For how long will you pay 0.45 satoshis per second to investors without reduce their income?


Are you saying the electricity fees? Electricity is not free so you get charged for every income you make because hashnest cannot pay them by from its own pocket.

No, I'm saying if they will pay 0.45 satoshis per second forever without decrease the rates after some time.

Pacmic is paid back in full  and .45 soctoi every sec interest, for letting them hold our btc, its an invest with bitman/crowdfunded sorta, they done it 4 other times Smiley) hence pacmic 5


And no we the miners using pacmic contracts don't pay any maintenance fees, and all the btc mined /plus the .45 soc a sec is paid every time a block is found till btc is paid back. ~ 120 days

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https://www.hashnest.com/contracts/new?contract_id=5




So, if I buy it for 1 BTC, I will earn 0.45 satoshis per second FOREVER? ROI in 2572 days ~ 7 years?
full member
Activity: 224
Merit: 100
November 23, 2016, 02:56:21 AM
Dear Bitmain,

Very interest to invest my bitcoin in cloud mining, want to know, if I invest about 2 BTC, how long I get for return of investment if the bitcoin price about $750.

Best regards and thank you very much.
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