What hardware is behind "HASHLET"? | Bitcointalksearch.org

thiec

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Quote from: patrike on August 19, 2014, 02:43:58 AM

Quote from: blg425 on August 18, 2014, 03:37:02 PM

Right now this is the most profitable for BTC because it mines scrypt, then auto exchanges to BTC.

The question is for how long it will be more profitable. With every Hashlet being added, the Litecoin (and other...) difficulty increases and because of the automatic exchange to BTC, it also creates more and more selling pressure on Litecoin making the price go down.

Same case with bitcoin, merchant that except btc also selling btc for fiat.
But for long run, the with increase of coin circulation, the selling pressure will be ease for sure.

My concern is the future of haslet its self. its reliable for long run

Koontas

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Quote from: 9600 on August 19, 2014, 02:38:30 PM

Quote from: bmoscato on August 19, 2014, 07:50:11 AM

I wonder how long we have as individuals before it doesn't make sense to hash...

It hasn't made sense to hash SCRYPT for quite some time now...

Wrong. Do your research, you're obviously missing launches.

9600

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Quote from: bmoscato on August 19, 2014, 07:50:11 AM

I wonder how long we have as individuals before it doesn't make sense to hash...

It hasn't made sense to hash SCRYPT for quite some time now...

bmoscato

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My issue is that with current price of LTC and converting to BTC, it seems like we paying 1/3 of our profits into fees. I only have 10 Hashlets and I made $1.31817891 last night after the $.80 in fees; gross was $2.12639971 less $.80822080 fees with BTC at $468.88.

Before LTC crashed, I was earning approximately $5.50 a day on a Black Widow which hashes at approximately 13mh/s; now that machine is at $2.42163888, with a $.98 a day fee which leaves me a
$1.44163888 in profit.

I wonder how long we have as individuals before it doesn't make sense to hash...

patrike

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Quote from: blg425 on August 19, 2014, 02:53:35 AM

Quote from: patrike on August 19, 2014, 02:43:58 AM

The question is for how long it will be more profitable. With every Hashlet being added, the Litecoin (and other...) difficulty increases and because of the automatic exchange to BTC, it also creates more and more selling pressure on Litecoin making the price go down.

Hopefully for at least months to come. But with so many scrypt coins still being launched there should always be a profitable one.

While it's true that there are more Scrypt coins than Litecoin, I would guess that about 80% of the Scrypt hash rate goes to Litecoin. Most new coins have a very low market cap, so there is only a limited amount of hashes that can be spent on them with profit.

blg425

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Quote from: patrike on August 19, 2014, 02:43:58 AM

Quote from: blg425 on August 18, 2014, 03:37:02 PM

Right now this is the most profitable for BTC because it mines scrypt, then auto exchanges to BTC.

The question is for how long it will be more profitable. With every Hashlet being added, the Litecoin (and other...) difficulty increases and because of the automatic exchange to BTC, it also creates more and more selling pressure on Litecoin making the price go down.

Hopefully for at least months to come. But with so many scrypt coins still being launched there should always be a profitable one.

patrike

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Activity: 3346

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Quote from: blg425 on August 18, 2014, 03:37:02 PM

Right now this is the most profitable for BTC because it mines scrypt, then auto exchanges to BTC.

The question is for how long it will be more profitable. With every Hashlet being added, the Litecoin (and other...) difficulty increases and because of the automatic exchange to BTC, it also creates more and more selling pressure on Litecoin making the price go down.

bennynjetz

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Mining til I puke

Quote from: blg425 on August 18, 2014, 03:50:45 PM

Yes, I have only been mining the ZenPool with my hashlet. Right now the price of BTC is low so I am getting more BTC when I get my payouts. Hopefully the price will go to $1200+ later this year

Same here (it's like we are living parallel lives). I've been purchasing more BTC with every "flash crash". Best time to hop on it! I really don't see BTC going much below what it is now. That is my HOPE anyway

blg425

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Yes, I have only been mining the ZenPool with my hashlet. Right now the price of BTC is low so I am getting more BTC when I get my payouts. Hopefully the price will go to $1200+ later this year

bennynjetz

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Mining til I puke

Quote from: blg425 on August 18, 2014, 03:37:02 PM

Quote from: bennynjetz on August 18, 2014, 03:32:17 PM

Quote from: blg425 on August 18, 2014, 02:55:56 PM

I am enjoying my 50 MH/s. I am thinking of purchasing 2 100MH/s hashlets later today.

Do you also cloud hash elsewhere? If so, where and are you enjoying your hashlets more than the other(s)? I even have Gh/s in CEX and Bitcoin Cloud Services, which has its own set of idiosyncrasies haha

I used CEX for a little while but never bought too much hash power. Right now this is the most profitable for BTC because it mines scrypt, then auto exchanges to BTC.

Yeah that's why I got into it myself. I love that aspect of it. I'm curious to see your results and the results of others with the different pools within hashlet. Overall, it's just fun. Especially when you have hash rate spread out over a lot of different services. Now if BTC will just get back up (and over) $1200 the fun can really start Wink

blg425

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Quote from: bennynjetz on August 18, 2014, 03:32:17 PM

Quote from: blg425 on August 18, 2014, 02:55:56 PM

I am enjoying my 50 MH/s. I am thinking of purchasing 2 100MH/s hashlets later today.

Do you also cloud hash elsewhere? If so, where and are you enjoying your hashlets more than the other(s)? I even have Gh/s in CEX and Bitcoin Cloud Services, which has its own set of idiosyncrasies haha

I used CEX for a little while but never bought too much hash power. Right now this is the most profitable for BTC because it mines scrypt, then auto exchanges to BTC.

bennynjetz

member

Activity: 66

Merit: 10

Mining til I puke

Quote from: blg425 on August 18, 2014, 02:55:56 PM

I am enjoying my 50 MH/s. I am thinking of purchasing 2 100MH/s hashlets later today.

Do you also cloud hash elsewhere? If so, where and are you enjoying your hashlets more than the other(s)? I even have Gh/s in CEX and Bitcoin Cloud Services, which has its own set of idiosyncrasies haha

blg425

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I am enjoying my 50 MH/s. I am thinking of purchasing 2 100MH/s hashlets later today.

bennynjetz

member

Activity: 66

Merit: 10

Mining til I puke

Yes as far as what I've seen thus far, it's $.08 per Mh/s per day. That is with ZenPool anyway. I tried it out with 1 Mh/s and of course greed took over and I purchased another 6 Mh/s Cheesy

Here's a question: what is the advantage of using this cloud service which mines with Mh/s instead of Gh/s? I've been cloud mining with PB Mining and LOVE it! Hardware mining with Antminer S1's. All are doing well, so I thought I'd get in on the Hashlets as well since I love to diversify. So which is better? Is it just a matter of opinion or is there a significant difference? Obviously, I want to maximize profits and be as efficient as possible.

GAW_Amber

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Hi Everyone!!

For those of you who do not know me, I am Amber the GAWMiners Community Relations Manager.

You all have very valid questions! We are working hard to make sure our site is very clear.
Please join us at https://hashtalk.org/t/questions-you-have/6487 to submit your questions and/or find the answers you are looking for!

You can always email me at [email protected]!

I look forward to talking to you!

Sincerely,
Amber

DRCR

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Quote from: blg425 on August 16, 2014, 03:56:44 PM

Do they charge maintenance fees on hashlets? Maybe I should've checked before I bought

Yes, 8 cents per MH per day.

bitgeek

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Quote from: unitedminers on August 18, 2014, 03:42:29 AM

Quote from: philipma1957 on August 17, 2014, 04:03:48 PM

Quote from: unitedminers on August 17, 2014, 03:15:22 PM

1. The Zenpool pay out looks great at 0.00065924 BTC/MHs/day but how do they achieve such a high pay out while Waffle and Nicehash achieve only 0.00026 or 0.00038?

2. If I pay 16$ per MHs, do I own a miner with e.g. 1MHs or do I rent the hashing power for 1 year? Really not much transparency Huh

it is rental. If you buy from them use a cc and don't just buy hashlets.

buy some "real" gear from them.

their s-3 price is okay. once you fully analyze the cost of an s-3 .

they want 499 for an s-3

use code welcometogaw for 10$ off

or use code gaw25 for 25$ off.

say the better code works you pay 474 use a cc get 60 day protection.

it will hash today.

free power for 30 days that is worth 25-30 bucks so 474- 25 = 449 usd

free use of psu that is worth 50 bucks so 449-50 = 399 real cost and it will mine today.

it earns 4740 points in a few days buy a couple of hashlets 2 for 32 usd you get 320 point plus the 4740 points = 5000 points cash that in for 10 bucks buy 1 more haslet for 16 -10 = 6

So out of pocket with a cc you spent 474 + 32 + 6 = 512 usd

you get an s-3 and you get 3mh of scrypt all cc protected against fraud.

Thanks for all this info !!!!! But what is cc?

BTW I can't find any "S-3" at http://gawminers.com/collections/all-miners

They are either updating the store as we speak or sold them all. S3 is the most profitable bitcoin miner on the market, no wonder they went so fast.

unitedminers

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Quote from: philipma1957 on August 17, 2014, 04:03:48 PM

Quote from: unitedminers on August 17, 2014, 03:15:22 PM

1. The Zenpool pay out looks great at 0.00065924 BTC/MHs/day but how do they achieve such a high pay out while Waffle and Nicehash achieve only 0.00026 or 0.00038?

2. If I pay 16$ per MHs, do I own a miner with e.g. 1MHs or do I rent the hashing power for 1 year? Really not much transparency Huh

it is rental. If you buy from them use a cc and don't just buy hashlets.

buy some "real" gear from them.

their s-3 price is okay. once you fully analyze the cost of an s-3 .

they want 499 for an s-3

use code welcometogaw for 10$ off

or use code gaw25 for 25$ off.

say the better code works you pay 474 use a cc get 60 day protection.

it will hash today.

free power for 30 days that is worth 25-30 bucks so 474- 25 = 449 usd

free use of psu that is worth 50 bucks so 449-50 = 399 real cost and it will mine today.

it earns 4740 points in a few days buy a couple of hashlets 2 for 32 usd you get 320 point plus the 4740 points = 5000 points cash that in for 10 bucks buy 1 more haslet for 16 -10 = 6

So out of pocket with a cc you spent 474 + 32 + 6 = 512 usd

you get an s-3 and you get 3mh of scrypt all cc protected against fraud.

Thanks for all this info !!!!! But what is cc?

BTW I can't find any "S-3" at http://gawminers.com/collections/all-miners

suchmoon

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https://bpip.org

Quote from: notlist3d on August 18, 2014, 01:16:03 AM

Quote from: unitedminers on August 17, 2014, 03:15:22 PM

1. The Zenpool pay out looks great at 0.00065924 BTC/MHs/day but how do they achieve such a high pay out while Waffle and Nicehash achieve only 0.00026 or 0.00038?

2. If I pay 16$ per MHs, do I own a miner with e.g. 1MHs or do I rent the hashing power for 1 year? Really not much transparency Huh

Do they have a daily payout chart for "Zenpool" I'm intrested in seeing it's earnings with all the hype they are giving it. A week or so of payouts would be interesting to see the days.

Thanks if anyone posts

Well they only started selling them two days ago, so there is only one full day of earnings so far. It's ~0.00068 per MH/s. There is no chart on GAW/Zen site as far as I can see.

notlist3d

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Quote from: unitedminers on August 17, 2014, 03:15:22 PM

1. The Zenpool pay out looks great at 0.00065924 BTC/MHs/day but how do they achieve such a high pay out while Waffle and Nicehash achieve only 0.00026 or 0.00038?

2. If I pay 16$ per MHs, do I own a miner with e.g. 1MHs or do I rent the hashing power for 1 year? Really not much transparency Huh

Do they have a daily payout chart for "Zenpool" I'm intrested in seeing it's earnings with all the hype they are giving it. A week or so of payouts would be interesting to see the days.

Thanks if anyone posts

Topic: What hardware is behind "HASHLET"? (Read 4418 times)