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Title: Need a little help Post by: RoughLyfe on May 18, 2015, 07:20:50 AM Hi,I have a few questions that I can't seem to figure out.I plan to invest 220 dollars into hashnet.But I can't figure out 2 things,how long does a contract last,and if I invest 220 dollars into this then how long would it take for me to make my money back?
Title: Re: Need a little help Post by: Amph on May 18, 2015, 07:28:34 AM you mean hashnest? the roi should be around 5 months(they said 105 days in their site, but i doubt you can roi in 3.5 months), because they are using antminer s5 if diff does not change
found one example, because it is not clear enough https://bitcointalk.org/index.php?topic=982890.msg10709361#msg10709361 Title: Re: Need a little help Post by: crazyivan on May 18, 2015, 08:17:26 AM you mean hashnest? the roi should be around 5 months(they said 105 days in their site, but i doubt you can roi in 3.5 months), because they are using antminer s5 if diff does not change found one example, because it is not clear enough https://bitcointalk.org/index.php?topic=982890.msg10709361#msg10709361 There s no way he can ROI in 5 months with S5. With static diff, ROI is 260 days. With diff increase over 300 days at best. Title: Re: Need a little help Post by: Amph on May 18, 2015, 09:21:27 AM you mean hashnest? the roi should be around 5 months(they said 105 days in their site, but i doubt you can roi in 3.5 months), because they are using antminer s5 if diff does not change found one example, because it is not clear enough https://bitcointalk.org/index.php?topic=982890.msg10709361#msg10709361 There s no way he can ROI in 5 months with S5. With static diff, ROI is 260 days. With diff increase over 300 days at best. i think your calculator is broken, one s5 still do 0.01 a day(actually is more... 0.011, the diff dropped a bit), in 5 months your earning is 1.5 btc, with 1.5 btc you can buy 1 used antminers s5 here on the forum, if you want it new then you need 2 btc, and the roi will be extended a bit, but no way it is 260 days this is assuming that the diff won't rise of course Title: Re: Need a little help Post by: jdebunt on May 18, 2015, 09:33:12 AM this is assuming that the diff won't rise of course And the dif change will always be a key factor unfortunately. It just dropped a bit, so it might remain on the decline for a bit, but it will shoot back up sooner rather than later :) Title: Re: Need a little help Post by: crazyivan on May 18, 2015, 09:59:50 AM you mean hashnest? the roi should be around 5 months(they said 105 days in their site, but i doubt you can roi in 3.5 months), because they are using antminer s5 if diff does not change found one example, because it is not clear enough https://bitcointalk.org/index.php?topic=982890.msg10709361#msg10709361 There s no way he can ROI in 5 months with S5. With static diff, ROI is 260 days. With diff increase over 300 days at best. i think your calculator is broken, one s5 still do 0.01 a day(actually is more... 0.011, the diff dropped a bit), in 5 months your earning is 1.5 btc, with 1.5 btc you can buy 1 used antminers s5 here on the forum, if you want it new then you need 2 btc, and the roi will be extended a bit, but no way it is 260 days this is assuming that the diff won't rise of course I would say your calculation s bit off. S5 can do 0.011, even above that, but you have to pay maintenance fee which reduces the dividend. Take a look at this: http://nextdifficulty.com/ It gets updated often so the number can vary a bit but that s it in essence. Also, last diff went up 2.44% and the next one ll go up as well as it seems ATM, probably even more then that. Mining s a very difficult business, constant reinvesting is required. This is why I think our newbie friend s gonna waste his hard earned money if he s not careful. Title: Re: Need a little help Post by: Amph on May 18, 2015, 12:06:06 PM maintanance fee isn't that high, with bit-x for example is only 0.081 for every 1 tera and for 30 days, so at worse you would need 2 btc to roi which mean 6 months instead of 5, you lose only one month for the fee not a big deal, again not even close to 260 days
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