Hashnest Questions | Bitcointalksearch.org

Spartacus17

newbie

Activity: 7

Merit: 0

Quote from: crazyivan on November 19, 2015, 03:48:10 AM

To save your time, once your miner become unprofitable, it ll be also unprofitable for you to ship it to you. Cause shipping costs and customs duties will be higher then the value of the miner. About Pacmic, the last version 4 s not so good as the previous ones and this is why they cannot sell it.

I d suggest go PoS and stay out of SHA 256 cloud mining. With diff jumping so much up, I do not think ordinary investors can reach ROI with cloud.

Thanks for the reply, very helpful

crazyivan

legendary

Activity: 1652

Merit: 1007

DMD Diamond Making Money 4+ years! Join us!

To save your time, once your miner become unprofitable, it ll be also unprofitable for you to ship it to you. Cause shipping costs and customs duties will be higher then the value of the miner. About Pacmic, the last version 4 s not so good as the previous ones and this is why they cannot sell it.

I d suggest go PoS and stay out of SHA 256 cloud mining. With diff jumping so much up, I do not think ordinary investors can reach ROI with cloud.

Spartacus17

newbie

Activity: 7

Merit: 0

So a few questions about hashnest

First and foremost, when the maintenance for a specific type of miner exceeds it's revenue it stops mining and you can redeem your gh/s for the actual hardware but you have to pay shipping. I've heard the shipping charges are pretty unreasonable, but what are the actual shipping costs?

Second, could somebody provide a better explanation of the Pacmic contracts because from what I've read it seems like the pacmic contract is
You buy 1 TH/s of a specific type of miner.
It mines for you and pays you back what it earns with each block mined until the principle is returned.
In addition to that you receive interest equal to (Unpaid Principle)(0.45)(1 Satoshi) every second.
If the miner is unprofitable for 2 weeks then it stops mining and you're out of luck.
You also don't have to pay any maintenance fees on the miner.

I have only read negative reviews about the Pacmic contracts though so I don't understand if I'm right because it sounds like a pretty good investment from what hashnest says.

That is all

Topic: Hashnest Questions (Read 447 times)