Hashnest 's newest PACMiC Cloud Mining Contract - page 8.

crazyivan

legendary

Activity: 1652

Merit: 1007

DMD Diamond Making Money 4+ years! Join us!

Quote from: dog1965 on April 07, 2015, 02:52:28 AM

hmmmm, I am new to mining I am only 6 months into it I am not a old VGA card miner were you guys made a fortune off of one card.

Ok, I can understand that. Anywaym diff growth of us to 15% per month (two adjustment of about 7.5% each) s considered moderate. However, we used to face these large spikes some time ago when the base was not that large as we have it now. As soon as the next gen of miners gets delivered, we ll see if these large jumps are gonna come back or not. This low BTC price s also a limiting factor, profit margins are quite thin.

dog1965

sr. member

Activity: 392

Merit: 250

hmmmm, I am new to mining I am only 6 months into it I am not a old VGA card miner were you guys made a fortune off of one card.

crazyivan

legendary

Activity: 1652

Merit: 1007

DMD Diamond Making Money 4+ years! Join us!

Quote from: dog1965 on April 06, 2015, 10:32:29 PM

Quote from: kanazawa on April 06, 2015, 05:05:33 PM

Hi.

This PACMiC contract pays you the 'total' you invest plus aprox. 5% per contract (100 days aprox.) but it could changed to a more profitable invest if 'btc world' gets 'better' results (you know, when the Whole scenario turn to something very positive the btc trading, mining, etc). So, as I'm testing this contracts, I'm cool with this kinda stuff. Bitmain seems pretty competitive and compromised --at least 'present'-- with btc businesses and little companies.

Hmmm, looks like the BTC DIFF IS GOING THROUGH THE ROOF but then again you never now. If it goes through the roof will pacmic really be worth it then ?

Its just a big gamble I want to buy 2 BTC worth in the worst way but I don't want to throw my coins to the birds either ?

I just don't know which way to go. I am running 2 TH/s already inside my house and cant add no more. OLD USA 50 amp "Main Breaker" 120v service and 120v 15 amp on sub breakers. "Electric is free I don't pay" that's why I wanted to add 2 TH/s more of pacmic with it.

also when you log on to antpool can you see it hashing on the same dashboard screen as your home miners ?

or just wait and save my coins for the S6 which should have new tech low power chips ?

what do you guys think I need ideas ?

What are you talking about, this next diff growth s gonna be the usual trend, 3-5%, if not even lower. I hardly consider that as going through the roof. Have you forgotten 40% per month we used to have.

cryptojumper

full member

Activity: 154

Merit: 100

5% per contract Huh

i think i better hold if thats the case... too little for an investment that could not roi cause of difficulty and other risks.

dog1965

sr. member

Activity: 392

Merit: 250

Quote from: kanazawa on April 06, 2015, 05:05:33 PM

Hi.

This PACMiC contract pays you the 'total' you invest plus aprox. 5% per contract (100 days aprox.) but it could changed to a more profitable invest if 'btc world' gets 'better' results (you know, when the Whole scenario turn to something very positive the btc trading, mining, etc). So, as I'm testing this contracts, I'm cool with this kinda stuff. Bitmain seems pretty competitive and compromised --at least 'present'-- with btc businesses and little companies.

Hmmm, looks like the BTC DIFF IS GOING THROUGH THE ROOF but then again you never now. If it goes through the roof will pacmic really be worth it then ?

Its just a big gamble I want to buy 2 BTC worth in the worst way but I don't want to throw my coins to the birds either ?

I just don't know which way to go. I am running 2 TH/s already inside my house and cant add no more. OLD USA 50 amp "Main Breaker" 120v service and 120v 15 amp on sub breakers. "Electric is free I don't pay" that's why I wanted to add 2 TH/s more of pacmic with it.

also when you log on to antpool can you see it hashing on the same dashboard screen as your home miners ?

or just wait and save my coins for the S6 which should have new tech low power chips ?

what do you guys think I need ideas ?

kanazawa

hero member

Activity: 756

Merit: 500

Hi.

This PACMiC contract pays you the 'total' you invest plus aprox. 5% per contract (100 days aprox.) but it could changed to a more profitable invest if 'btc world' gets 'better' results (you know, when the Whole scenario turn to something very positive the btc trading, mining, etc). So, as I'm testing this contracts, I'm cool with this kinda stuff. Bitmain seems pretty competitive and compromised --at least 'present'-- with btc businesses and little companies.

dog1965

sr. member

Activity: 392

Merit: 250

I want to buy 2 TH/s of Pacmic should I or will I be ripped off!

crazyivan

legendary

Activity: 1652

Merit: 1007

DMD Diamond Making Money 4+ years! Join us!

Quote from: cryptojumper on April 03, 2015, 04:06:32 AM

if PACMiC is backed by S5 maybe it's better to just buy S5 hashing there? how does the risk compares that PACMiC is more reliable (lower risk) ?

If you get S5, you can sell those and exit at any moment. On the other hand, PACMiC contracts do not charge maintenance fees so its almost guaranteed ROI. Lower compared to other miners but almost guaranteed.

cryptojumper

full member

Activity: 154

Merit: 100

if PACMiC is backed by S5 maybe it's better to just buy S5 hashing there? how does the risk compares that PACMiC is more reliable (lower risk) ?

crazyivan

legendary

Activity: 1652

Merit: 1007

DMD Diamond Making Money 4+ years! Join us!

I don't know, this is fine but I m not so excited about it. 22% per year in ideal conditions s an excellent profit but investing that into miners can generate much more. True, it also brings higher risk.

DebitMe

legendary

Activity: 2800

Merit: 1012

Get Paid Crypto To Walk or Drive

Quote from: pumawolf on April 02, 2015, 09:38:34 PM

can u have negative roi with pacmac or is it guaurantee +roi/even

It is not guaranteed, if you read the ToS it states that under circumstances where the S5 is not profitable to run, then the contract is cancelled (There are more stipulations and timing issues, so please read them yourself for accurate information). So if you haven't made the contract price back, you could lose whatever hasn't been paid back.

SEnergy

member

Activity: 101

Merit: 10

Quote from: pumawolf on April 02, 2015, 09:38:34 PM

can u have negative roi with pacmac or is it guaurantee +roi/even

not according to my tests - you actually start to make infinite money if the difficulty will get to 1000000000000

by every difficulty increase the profit will increase a little bit, but so does the return time

pumawolf

sr. member

Activity: 968

Merit: 250

can u have negative roi with pacmac or is it guaurantee +roi/even

SEnergy

member

Activity: 101

Merit: 10

if my calculations are correct, the contract will expire after ~96 days and profit is ~3%, right?

http://www.tutorialspoint.com/compile_cpp_online.php

Code:

#include 
using namespace std;

int main()
{
	double THs, toPay;
	cout << "TH/s Amount: ";
	cin >> THs;
	toPay = THs;
	
	double dailyRevenue = 0.01076483*THs;
	double profit, totalProfit = 0;
	int days = 0;

	while(toPay > 0)
	{
		profit = toPay*0.0006048;
		toPay -= dailyRevenue;
		toPay += profit;
		totalProfit += profit;
		days++;
	}
	cout << "Total profit of: " << totalProfit << " in " << days << " days." << endl;

	return 0;
}

or did I do something wrong?

flyingplows

sr. member

Activity: 518

Merit: 250

I decided to buy this PACMiC contract if it is open for sale again any time soon.. Had enough of those scams already... Not a huge profit here, but at least I'll be safe. Or there will be no other PACMiC for S5 untill S6 release?

Minerjoe

sr. member

Activity: 406

Merit: 250

Quote from: ajw7989 on March 31, 2015, 09:46:01 AM

Quote from: Minerjoe on March 31, 2015, 05:47:48 AM

Quote from: cryptojumper on March 31, 2015, 04:51:42 AM

why is this contract no longer offered? will it be back? i didn't manage to save that much crypto to be worth 1 btc to buy it, but i wanted to have it. plz put them back for sale in future when i have money Tongue

btw is it worth to buy that umisoo now cause i could buy that now and when PACMiC contract comes back then sell my umisoo and buy that?

I would not touch anything but S4 or S5 there. You need to have an option of selling back your hash and exiting in case you want to.

I feel the S3 is the best buy. It's not obsolete like s2 or umisoo. And nit as expensive as s4 or s5

Just take a look at volumes. S4 and S5 are the only ones being traded.

SFMiner

member

Activity: 170

Merit: 10

I would be happy to review HashNest's new PACMiC cloud mining service on cloudminingdirectory.com. I reviewed HashNest's standard cloud mining contracts, but I haven't had a chance to buy any PACMiC contracts yet, as most of my BTC is tied up elsewhere.

Plus the fact that revenue from my farm of S4s hosted at Umisoo has been nonexistent for the past 10 days during the move to Bitmain's facility.

Perhaps you would consider opening up contracts for 100GHS or even 500GHS? This would make it a lot easier to test out. I know a few others have requested the same.

PM me or respond to this post to let me know if you're interested!

ajw7989

legendary

Activity: 924

Merit: 1000

Quote from: Minerjoe on March 31, 2015, 05:47:48 AM

Quote from: cryptojumper on March 31, 2015, 04:51:42 AM

why is this contract no longer offered? will it be back? i didn't manage to save that much crypto to be worth 1 btc to buy it, but i wanted to have it. plz put them back for sale in future when i have money Tongue

btw is it worth to buy that umisoo now cause i could buy that now and when PACMiC contract comes back then sell my umisoo and buy that?

I would not touch anything but S4 or S5 there. You need to have an option of selling back your hash and exiting in case you want to.

I feel the S3 is the best buy. It's not obsolete like s2 or umisoo. And nit as expensive as s4 or s5

Minerjoe

sr. member

Activity: 406

Merit: 250

Quote from: cryptojumper on March 31, 2015, 04:51:42 AM

why is this contract no longer offered? will it be back? i didn't manage to save that much crypto to be worth 1 btc to buy it, but i wanted to have it. plz put them back for sale in future when i have money Tongue

btw is it worth to buy that umisoo now cause i could buy that now and when PACMiC contract comes back then sell my umisoo and buy that?

I would not touch anything but S4 or S5 there. You need to have an option of selling back your hash and exiting in case you want to.

cryptojumper

full member

Activity: 154

Merit: 100

why is this contract no longer offered? will it be back? i didn't manage to save that much crypto to be worth 1 btc to buy it, but i wanted to have it. plz put them back for sale in future when i have money Tongue

btw is it worth to buy that umisoo now cause i could buy that now and when PACMiC contract comes back then sell my umisoo and buy that?

Topic: Hashnest 's newest PACMiC Cloud Mining Contract - page 8. (Read 20744 times)