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Topic: https://hashie.co/ (Read 4447 times)

hero member
Activity: 490
Merit: 500
November 24, 2014, 06:30:49 PM
#43
Quote
If the maintenance fee exceeds mining payouts, no payout is made and the day is considered suspended. When there are a total of 10 suspended days, AMHash miners are cancelled.

Can someone explain this in laymen terms?

When they start drinking more than they piss out, the brewery cancels the recycling program.
Okay, that's too much laymen. But if I get it right, too many buys the AMhash it willl come to a stop after enough buy GH?

Shouldn't all real mining companies stop at some point? Nobody has infinite number of miners. Only scams have no limits.

AMHASH units are limited to 5PH (The size of the farm). Those aren't actually operated by hashie--they're operated by ROCKMINER/ASICMINER. They actually sell separately on Havelock as well as an independent asset. Hashie, in this case, is simply re-selling it--AMHASH has public mining addresses, full transparency, pictures of the datacenter, and endorsement from a major ASIC manufacturer (ASICMINER).

Now, the situation where AMHASH miners are cancelled is simple: If there are ten days with zero payout (maintenance is greater than electricity cost), then the miners are permanently shut down.
Wow that's some harsh bullshit. Hope selling comes up soon, prefer those gen 1 by far.
hero member
Activity: 854
Merit: 503
November 24, 2014, 05:33:43 PM
#42
Im new on hashi and im very glad xD by 100ghs amhash
hero member
Activity: 562
Merit: 506
We're going to need a bigger heatsink.
November 24, 2014, 05:16:32 PM
#41
Quote
If the maintenance fee exceeds mining payouts, no payout is made and the day is considered suspended. When there are a total of 10 suspended days, AMHash miners are cancelled.

Can someone explain this in laymen terms?

When they start drinking more than they piss out, the brewery cancels the recycling program.
Okay, that's too much laymen. But if I get it right, too many buys the AMhash it willl come to a stop after enough buy GH?

Shouldn't all real mining companies stop at some point? Nobody has infinite number of miners. Only scams have no limits.

AMHASH units are limited to 5PH (The size of the farm). Those aren't actually operated by hashie--they're operated by ROCKMINER/ASICMINER. They actually sell separately on Havelock as well as an independent asset. Hashie, in this case, is simply re-selling it--AMHASH has public mining addresses, full transparency, pictures of the datacenter, and endorsement from a major ASIC manufacturer (ASICMINER).

Now, the situation where AMHASH miners are cancelled is simple: If there are ten days with zero payout (maintenance is greater than electricity cost), then the miners are permanently shut down.
sr. member
Activity: 756
Merit: 250
Infleum
November 24, 2014, 02:01:36 PM
#40
Quote
If the maintenance fee exceeds mining payouts, no payout is made and the day is considered suspended. When there are a total of 10 suspended days, AMHash miners are cancelled.

Can someone explain this in laymen terms?

When they start drinking more than they piss out, the brewery cancels the recycling program.
Okay, that's too much laymen. But if I get it right, too many buys the AMhash it willl come to a stop after enough buy GH?

Shouldn't all real mining companies stop at some point? Nobody has infinite number of miners. Only scams have no limits.
hero member
Activity: 490
Merit: 500
November 24, 2014, 01:54:02 PM
#39
Quote
If the maintenance fee exceeds mining payouts, no payout is made and the day is considered suspended. When there are a total of 10 suspended days, AMHash miners are cancelled.

Can someone explain this in laymen terms?

When they start drinking more than they piss out, the brewery cancels the recycling program.
Okay, that's too much laymen. But if I get it right, too many buys the AMhash it willl come to a stop after enough buy GH?
hero member
Activity: 518
Merit: 500
Hodl!
November 24, 2014, 12:21:36 PM
#38
Quote
If the maintenance fee exceeds mining payouts, no payout is made and the day is considered suspended. When there are a total of 10 suspended days, AMHash miners are cancelled.

Can someone explain this in laymen terms?

When they start drinking more than they piss out, the brewery cancels the recycling program.
hero member
Activity: 490
Merit: 500
November 24, 2014, 10:57:11 AM
#37
Quote
If the maintenance fee exceeds mining payouts, no payout is made and the day is considered suspended. When there are a total of 10 suspended days, AMHash miners are cancelled.

Can someone explain this in laymen terms?
newbie
Activity: 38
Merit: 0
November 22, 2014, 07:48:57 AM
#36
I've tried the free gh/s but i don't know if it's a great idea to continue "mining" there…
To withdraw the funds from your free-miner you have to invest… that reminds me to a 'piramidal' word  Cheesy Cheesy

Um, yes.. the free miner is for testing purchases. We would go bankrupt if we allowed people to withdraw without purchasing, we tried that at first and ended up with 2000 signups with 100 views on our bitcointalk thread.

-Sahra

I know, but you can try to make different offers and not just a free miner from which you can withdraw just if you pay for another service.
Maybe change free points to obtain miners if people make X referrals, or if people share your site to X social networks… it's easy  Wink
full member
Activity: 322
Merit: 100
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
November 22, 2014, 07:18:26 AM
#35
Seems to me that,  even with 2nd generation miners and even with 5% difficulty increase,  you will never ROI..

Good thing we're set for a difficulty decrease next round: https://bitcoinwisdom.com/bitcoin/difficulty Wink

Plus, the higher the Bitcoin exchange rate is, the less maintenance fees will cost and the more you'll earn. No investment has a guarantee of profitability, but this is not black and white as in "you will never ROI".

-Sahra

Whith 0% increase, we would need roughly 1 year to ROI
https://bitcoinwisdom.com/bitcoin/calculator

You're not calculating it correctly - you've probably left electricity on instead of setting it to zero and entering a monthly maintain cost of $0.06 per GH ($0.002 x 30). Also, pool fee should be set to 0.

-Sahra
legendary
Activity: 1680
Merit: 1205
November 22, 2014, 05:03:45 AM
#34
Seems to me that,  even with 2nd generation miners and even with 5% difficulty increase,  you will never ROI..

Good thing we're set for a difficulty decrease next round: https://bitcoinwisdom.com/bitcoin/difficulty Wink

Plus, the higher the Bitcoin exchange rate is, the less maintenance fees will cost and the more you'll earn. No investment has a guarantee of profitability, but this is not black and white as in "you will never ROI".

-Sahra

Whith 0% increase, we would need roughly 1 year to ROI
https://bitcoinwisdom.com/bitcoin/calculator
full member
Activity: 322
Merit: 100
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
November 21, 2014, 07:35:26 PM
#33
I've tried the free gh/s but i don't know if it's a great idea to continue "mining" there…
To withdraw the funds from your free-miner you have to invest… that reminds me to a 'piramidal' word  Cheesy Cheesy

Um, yes.. the free miner is for testing purchases. We would go bankrupt if we allowed people to withdraw without purchasing, we tried that at first and ended up with 2000 signups with 100 views on our bitcointalk thread.

-Sahra
newbie
Activity: 38
Merit: 0
November 21, 2014, 07:29:13 PM
#32
I've tried the free gh/s but i don't know if it's a great idea to continue "mining" there…
To withdraw the funds from your free-miner you have to invest… that reminds me to a 'piramidal' word  Cheesy Cheesy
full member
Activity: 322
Merit: 100
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
November 21, 2014, 07:27:25 PM
#31
Seems to me that,  even with 2nd generation miners and even with 5% difficulty increase,  you will never ROI..

Good thing we're set for a difficulty decrease next round: https://bitcoinwisdom.com/bitcoin/difficulty Wink

Plus, the higher the Bitcoin exchange rate is, the less maintenance fees will cost and the more you'll earn. No investment has a guarantee of profitability, but this is not black and white as in "you will never ROI".

-Sahra
legendary
Activity: 1680
Merit: 1205
November 21, 2014, 04:55:44 PM
#30
Seems to me that,  even with 2nd generation miners and even with 5% difficulty increase,  you will never ROI..
hero member
Activity: 518
Merit: 500
Hodl!
November 21, 2014, 04:45:24 PM
#29
Well the cloud mining industry is about to clean house...
http://www.coindesk.com/chinese-bitcoin-mining-firms-transparency-push/

Presumably all reputable cloud hashing providers will follow suit.
hero member
Activity: 490
Merit: 500
November 21, 2014, 01:59:18 PM
#28
I still like it as well, invested some more GH/s, the comparison between cex.io and this is just enormous. Just hope it's not a hit 'n run but the support is serious so it look goods so far Smiley
member
Activity: 82
Merit: 10
November 19, 2014, 12:02:49 PM
#27
Hashie I like so far they dont promise anything but pay me out everyday so no hassles , genesis and zen are crap
member
Activity: 82
Merit: 10
November 19, 2014, 12:01:45 PM
#26
I started up almost a month ago had no issues so far. I have money on all of them from zen right through to genesis and hashie and hashnest. There are still a couple more i wanna try.
member
Activity: 112
Merit: 10
November 19, 2014, 11:51:14 AM
#25
No one seems to have that problem, maybe you should talk to Sahra first before you post shit about this service.
newbie
Activity: 37
Merit: 0
November 17, 2014, 07:44:32 PM
#24
Is anyone else having a problem with their free 10Ghs miner?  I signed up on Oct 22nd just to test it out and get the free hashes.  I checked my account a few times after that, but just checked again for the first time in a couple of weeks.

My free miner has disappeared from my account, and the last payment transaction is Nov 4th.  WTF?  Does not instill trust with them, and will not be purchasing.
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