Hmm. Something about this doesn't seem right. Decreasing maintenance fees looks fishy to me, unless they're paying less or no electricity at all.
S7 uses half the electric (appx.) per GHS that a S5 does.
Topic: which site is the best for mining? (Read 4451 times)
Hmm. Something about this doesn't seem right. Decreasing maintenance fees looks fishy to me, unless they're paying less or no electricity at all.
S7 uses half the electric (appx.) per GHS that a S5 does.
You can buy S5 hashing power at Hashnest for $0.20 per GH/s right now and daily maintenance fee is $0.0012. Maintenance fee is same as Genesis Mining but cost per GH/s is half. That is somewhat of a bargain.
S5 price is depressed because S7 hashing power will be traded about October 10 and the daily maintenance fee will only be $0.00058 per GH/s or half of S5 or best Genesis Mining has to offer. If you are considering buying cloud mining once S7 starts trading and we know what owners are willing to sell for it will be possible to make the call on whether S5 or S7 is the better deal. One thing we know for sure is that Genesis Mining has nothing to compete.
S5 price is depressed because S7 hashing power will be traded about October 10 and the daily maintenance fee will only be $0.00058 per GH/s or half of S5 or best Genesis Mining has to offer. If you are considering buying cloud mining once S7 starts trading and we know what owners are willing to sell for it will be possible to make the call on whether S5 or S7 is the better deal. One thing we know for sure is that Genesis Mining has nothing to compete.
quote GM
Due to recent improvements in our hardware and infrastructure, we are pleased to announce that we are able to decrease maintenance from 0.0015 to 0.0012 USD per Gh/s per day for purchases.
No hosting fee
Due to recent improvements in our hardware and infrastructure, we are pleased to announce that we are able to decrease maintenance from 0.0015 to 0.0012 USD per Gh/s per day for purchases.
No hosting fee
But hashnest S5 Maintenance Fee is :$0.001175/GHS/Day
and S7 Maintenance Fee is :$0.0005796/GHS/Day
Antminer S5 prize in Hashnest GHs market is 0.0008999 BTC / GHs 0.8999 BTC from 1 TH/s
Hmm. Something about this doesn't seem right. Decreasing maintenance fees looks fishy to me, unless they're paying less or no electricity at all.
quote GM
Due to recent improvements in our hardware and infrastructure, we are pleased to announce that we are able to decrease maintenance from 0.0015 to 0.0012 USD per Gh/s per day for purchases.
No hosting fee
Due to recent improvements in our hardware and infrastructure, we are pleased to announce that we are able to decrease maintenance from 0.0015 to 0.0012 USD per Gh/s per day for purchases.
No hosting fee
But hashnest S5 Maintenance Fee is :$0.001175/GHS/Day
and S7 Maintenance Fee is :$0.0005796/GHS/Day
Antminer S5 prize in Hashnest GHs market is 0.0008999 BTC / GHs 0.8999 BTC from 1 TH/s
Not bad - http://hashflare.io
Very BAD estonian scamsite.
may be genesis mining still best for now..
seems a bit expensive to me, hashnet has better price and has the s7 available already, so better maintanance fees
If genesis will happen to decrease the prize per ghs like hashnest does i would possibly invest because unlike other cloud mining sites out there they are one used to be in public.
(Discount code is MOON)
there is still demand for XX coins, i thought everything out there with that algo is done already, the biggest one darkcoin isn't profitable anymore by a long shot
the most profitable seems scrypt
Yes, one of my crypto friends keeps asking me and talking all the time about mining. While most of the coins out there are dead for mining, we did come to a conclusion that there is some ROI in mining scrypt coins. He still has decision to make which coin he will try to mine. I will report how he's doing later.
may be genesis mining still best for now..
seems a bit expensive to me, hashnet has better price and has the s7 available already, so better maintanance fees
If genesis will happen to decrease the prize per ghs like hashnest does i would possibly invest because unlike other cloud mining sites out there they are one used to be in public.
(Discount code is MOON)
0.0012 dollar per GH/s? So 1.2$ per TH/s? Either an outright ponzi or you mean 0.0012 BTC which is close to 30 cents per GH, which is pretty high?
You pretty much need to pay no more than 20 cents per GH, or probably less, considering you're probably losing a lot of that GH to huge fees.
What is the hosting fee of Genesis Cloud Mining?
quote GM
Due to recent improvements in our hardware and infrastructure, we are pleased to announce that we are able to decrease maintenance from 0.0015 to 0.0012 USD per Gh/s per day for purchases.
No hosting fee
may be genesis mining still best for now..
seems a bit expensive to me, hashnet has better price and has the s7 available already, so better maintanance fees
If genesis will happen to decrease the prize per ghs like hashnest does i would possibly invest because unlike other cloud mining sites out there they are one used to be in public.
(Discount code is MOON)
there is still demand for XX coins, i thought everything out there with that algo is done already, the biggest one darkcoin isn't profitable anymore by a long shot
the most profitable seems scrypt
may be genesis mining still best for now..
seems a bit expensive to me, hashnet has better price and has the s7 available already, so better maintanance fees
If genesis will happen to decrease the prize per ghs like hashnest does i would possibly invest because unlike other cloud mining sites out there they are one used to be in public.
(Discount code is MOON)
0.0012 dollar per GH/s? So 1.2$ per TH/s? Either an outright ponzi or you mean 0.0012 BTC which is close to 30 cents per GH, which is pretty high?
You pretty much need to pay no more than 20 cents per GH, or probably less, considering you're probably losing a lot of that GH to huge fees.
What is the hosting fee of Genesis Cloud Mining?
He is talking about fees. For new contracts purchased since September 16th 2015 maintenance fee is 0.0012 USD per GH/s. Not the cost of the hash.
may be genesis mining still best for now..
seems a bit expensive to me, hashnet has better price and has the s7 available already, so better maintanance fees
If genesis will happen to decrease the prize per ghs like hashnest does i would possibly invest because unlike other cloud mining sites out there they are one used to be in public.
(Discount code is MOON)
0.0012 dollar per GH/s? So 1.2$ per TH/s? Either an outright ponzi or you mean 0.0012 BTC which is close to 30 cents per GH, which is pretty high?
You pretty much need to pay no more than 20 cents per GH, or probably less, considering you're probably losing a lot of that GH to huge fees.
What is the hosting fee of Genesis Cloud Mining?
may be genesis mining still best for now..
seems a bit expensive to me, hashnet has better price and has the s7 available already, so better maintanance fees
If genesis will happen to decrease the prize per ghs like hashnest does i would possibly invest because unlike other cloud mining sites out there they are one used to be in public.
(Discount code is MOON)
"solar" is KnC's name for their 16nm "next gen chip" - which is not available to the public, and they seem to have even pulled out of the cloud mining arena.
NOT "cheap", not even available.
IMO the only "site" for mining that is worth looking at right now is the Hashnest PACMiC v3 contract stuff, but there MIGHT be something else out there I've not seen that has a prayer of RoI or even profit.
Traditional "cloud mining" however even when legitimate has tended to contracts that cost more than you would ever make back on them, and recent diff increase rate seems to be making it almost impossible for ANY traditional "cloud mining" contract to break even.
NOT "cheap", not even available.
IMO the only "site" for mining that is worth looking at right now is the Hashnest PACMiC v3 contract stuff, but there MIGHT be something else out there I've not seen that has a prayer of RoI or even profit.
Traditional "cloud mining" however even when legitimate has tended to contracts that cost more than you would ever make back on them, and recent diff increase rate seems to be making it almost impossible for ANY traditional "cloud mining" contract to break even.
I personally would not invest anything in cloud mining companies, since they all end the same, or is a ponzi, or scam, or simply disappear. No such product can offer no guarantee of anything, there are today, not tomorrow. For many operations you do with the ROI in the end not recover.
No one doubts the legitimacy of Hashnest. On October 10 GH/s of the most power efficient bitcoin miner (Antminer S7) will be available on the Hashnest internal market. You can buy now as pre-sale to hash but you would have to buy hash equal to one S7 for $1900.
Indeed the issue in the case of Hashnest, a.k.a. Bitmain's cloud mining service, is not legitimacy. In fact, i'm pretty confident all hash and PacMic will be brought to term in the future just like it did in the past.
Naw the problem with Hashnest is that you're basically buying Bitmain more hardware so they make more money and in return you get very low APR. Meanwhile they make 10x the profit you do and you feel happy because somehow you're maybe paying them less for hosting than you would pay at home.
The hashmarket is where you can make more money, but probably more by trading than holding hash. If you make money by owning hash, sure thats likely, but you also hold the risk. If you don't want to hold the risk then you can go for a PacMic and err well. Not get much profit.
And then there's the other Cloud services which are probably even worse and may disappear or scam you.
Bottom line, Cloud mining hosting is expensive as hell, its not because its cheaper than your extremely high electricity cost at home that its a good deal, so beware and invest wisely.
I personally would not invest anything in cloud mining companies, since they all end the same, or is a ponzi, or scam, or simply disappear. No such product can offer no guarantee of anything, there are today, not tomorrow. For many operations you do with the ROI in the end not recover.
No one doubts the legitimacy of Hashnest. On October 10 GH/s of the most power efficient bitcoin miner (Antminer S7) will be available on the Hashnest internal market. You can buy now as pre-sale to hash but you would have to buy hash equal to one S7 for $1900.
I personally would not invest anything in cloud mining companies, since they all end the same, or is a ponzi, or scam, or simply disappear. No such product can offer no guarantee of anything, there are today, not tomorrow. For many operations you do with the ROI in the end not recover.
Read more about cloud mining here -> https://bitcointalksearch.org/topic/m.9697654 and decide yourself
You must test some companies with your own risk to get some results other wise you lost. Start with some low packages and make calculations and in this way you got the answer of your own question. Thanks ........
which site is the best for mining?
HASHNEST is a very trusted and provable mining company ..
I think ghash.io and slushpool are good for you. 
may be genesis mining still best for now..
Yep Genesis Mining is for newbies who do not know any better. Prices are higher than the competition and once you buy hashing power you are stuck with it, cannot sell on the market like Hashnest.
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