Hashnet Questions. | Bitcointalksearch.org

crazyivan

legendary

Activity: 1652

Merit: 1007

DMD Diamond Making Money 4+ years! Join us!

Quote from: j33hopper on November 05, 2015, 02:56:30 PM

Hello,

Im considering picking up a S7 tonight when they go on sale again. However, I was looking at the Market and noticing the prices there for GH's might be even cheaper than a new S7. Couple of questions. Ive never used the market place at Hashnet. What is the difference between the Ask/Bid. Im assuming if I wanted to be a buyer, I would be a BIDDER? Askers are SELLERS? Also, just as a general rule of thumb from those of you have dipped into hashnet, whats your opinion on it?

Thanks,
James

Yes, u ve got it right. Just make sure you calculate in difficulty increase and potential hash price swings into your plan. Cause these two elements are what determines your profitability, whether u ll make money or not.

pumawolf

sr. member

Activity: 968

Merit: 250

Quote from: hua_hui on November 06, 2015, 01:53:08 AM

Quote from: pumawolf on November 05, 2015, 10:27:16 PM

my thoughts on hashnest. its the best avialible mining place at the moment, its not ur lame ass buy contract and hope for the best, u can make trades here. u dont feel helpless against the diff and btc price. this is where the pros play, genesis mining and others is where the noobs play.

can you explain a bit more details in how is hashnest diff from the others. so sorry it seems to interest me but not too sure about ur meaning.

u can buy and sell hashes at there market instantly , the other outfits either dont have it or if they do it really sucks the market floor.

hua_hui

legendary

Activity: 1386

Merit: 1016

Quote from: pumawolf on November 05, 2015, 10:27:16 PM

my thoughts on hashnest. its the best avialible mining place at the moment, its not ur lame ass buy contract and hope for the best, u can make trades here. u dont feel helpless against the diff and btc price. this is where the pros play, genesis mining and others is where the noobs play.

can you explain a bit more details in how is hashnest diff from the others. so sorry it seems to interest me but not too sure about ur meaning.

pumawolf

sr. member

Activity: 968

Merit: 250

my thoughts on hashnest. its the best avialible mining place at the moment, its not ur lame ass buy contract and hope for the best, u can make trades here. u dont feel helpless against the diff and btc price. this is where the pros play, genesis mining and others is where the noobs play.

pumawolf

sr. member

Activity: 968

Merit: 250

if its cheaper on the market buy it off the market, the market is instant hashing the shop there is always an waiting period. so if u buy in the shop u would also want to calculate the amt of sats it would generate during the wait and just price that in as well in ur calulations.

so the price in the shop is at 127 per has 12 days it will generate bout 7000 sats each hash. so the price ur paying would be 134 per hash. and if ur going to buy s5(market) instead vs s7 , u would also price in the 12 days so that would be 3500 sats.

j33hopper

newbie

Activity: 17

Merit: 0

Hello,

Im considering picking up a S7 tonight when they go on sale again. However, I was looking at the Market and noticing the prices there for GH's might be even cheaper than a new S7. Couple of questions. Ive never used the market place at Hashnet. What is the difference between the Ask/Bid. Im assuming if I wanted to be a buyer, I would be a BIDDER? Askers are SELLERS? Also, just as a general rule of thumb from those of you have dipped into hashnet, whats your opinion on it?

Thanks,
James

Topic: Hashnet Questions. (Read 593 times)