Sounds like they are going to do it exactly like they did the s3.  You buy a unit and select umisoo.  

They then credit your account with however many ghs that unit has. s4 are about 2 th per unit?  They also say can take 72 hours to get it converted.

Just remember the stats they gave are not too much better then the s3 units..  S4 Market will open a total of 2200TH/s generated by 1100 units of S4 while consuming 0.7W per GH/s.

The s3 units were .8w I think.


Anyways, those units will probably be way overpriced but the risk of them going offline will be a lot less short term.   If btc/usd drops where it makes everything but the latest s5 units obsolete, difficulty is going to plummet.  The amount of usd you get per btc will be a lot lower but when the difficulty adjusts, and all old equipment goes offline, you will make more btc per unit of hashing power.

Gotta say the name tag really brings it together.

I'm happy for you. Didn't get mine yet.

Now THAT'S Photoshop skill's !!!!!!!!!!!!!!!!!! 

 

This is around 2 PH/s total. They have also been selling the S4 on oneminer.com for about 2 months now. Looks like the 5 PH/s purchase paid for with our hashlet money is being sold back to us. Nice work.

WoW... thanks for sharing this. I really had a great laugh. I wonder what the people in the vid do if they see this now !!!

Isn't that how S2 and S3 got on there? People bought whole units sold the hashes on the market at an increase and made profit while buyers could buy independent gh?

https://bitmaintech.com/productDetail.htm?pid=00020150113072354545V0QVLrSw06A5

"HASHNEST is very proud to announce its ANTMINER S4 Market – Purchase S4, Convert it to Hashrate, and mine at Antpool, which will be online at 10:00am on Jan.14th, 2015 (GMT+8 Time Zone). S4 Market will open a total of 2200TH/s generated by 1100 units of S4 while consuming 0.7W per GH/s.
BITMAIN will cover the downtime loss, providing 100% hashing function guaranteed. Payout is based on the PPLNS mode of Antpool, which is subject to its pool luck. Even if ANTMINER S4 you bought fails indeed, HASHNEST would automatically compensate the mining loss to your account based on the hashing power you bought.
"

The mining fee, as of January 13, has been lowered 33% to only 0.0022 USD (0.00000929BTC) per GHS per day. This initiative ensures user mining profitability and return on investment!

It'll be back up, they added hashnest s4 to their store. I assume it's all an update.

Gonna be a meager dividend day tomorrow it seems.  BTC at $253.

What the hell´s up with Havelock ? I tried to withdraw a lousy .05 BTC but that failed and I was informed that funds would be transferred from their cold storage to the hot one and I could try again in one business day, Really? How bloody annoying. And now I can´t even log in. But, I must hasten to add, this is actually the first and only complaint to speak of I have with them. Been a real pleasure until now and probably will continue to be, at least I hope so.

Here’s your digital-currency lesson of the day, courtesy of a guy who calls himself TradeFortress: “I don’t recommend storing any bitcoins accessible on computers connected to the internet.”

That may sound like a paradox. Bitcoin is the world’s most popular digital currency, and it’s controlled by a vast collection of computers spread across the internet. But TradeFortress knows what he’s talking about. He’s the founder of inputs.io, a company that used to store bitcoins in digital wallets for people across the globe. The site was just hacked, with the bandits making off with more than a million dollars’ worth of bitcoins.

Yes, bitcoins are digital. And, yes, bitcoin transactions necessarily happen on the internet. But you can store bitcoins offline, and that’s what the most careful of investors will do. A collection of bitcoins is essentially a private cryptograph key you can use to send money to someone else, and though you can store that key in an online digital wallet, you can also store it on an offline computer — and even on a physical item here in the real world, writing it on a piece of paper or engraving it on a ring. That’s why your money can’t be hacked.

Until last week, inputs.io seemed like a nifty service for Bitcoin users. The company not only offered bitcoin wallets, it mixed the wallets up in order to anonymize the coins they stored, sped up bitcoin payments, and even spared them from the tiny transaction fees that are typically charged on the bitcoin network.

But there was a catch. You had to trust the company — and its internet-connected computers — with your bitcoins. In retrospect, that was a bad idea. And now, Inputs.io customers are learning just how bad of an idea it was.

The site was compromised on Oct 23, and again on Oct. 26, and hackers made off with 4,100 bitcoins ($1.2 million) stolen in two separate attacks. The company waited until this week to notify customers of the incident, which only affects certain users. A small number of Bitcoins belonging to TradeFortress’s other business, CoinLenders, were also taken, TradeFortress said in an email interview (He didn’t provide his real name).

Inputs.io doesn’t have the funds to pay back everything that was stolen, but TradeFortress says he’s going to issue partial refunds. “I’m repaying with all of my personal Bitcoins, as well as remaining cold storage coins on Inputs, which adds up to 1540 BTC,” he told WIRED.

TradeFortress says that this was a social engineering attack, meaning that the attacker masqueraded as someone he wasn’t in order to get access to the site’s systems on cloud-hosting provider Linode. “The attack was done through compromising a chain of email accounts which eventually allowed the attacker to reset the password for the the Linode server,” he said.

The hacker’s first step was recovering an email address for an account that TradeFortress set up six years ago.

The “attacker rented an Australian server to proxy as close to my geographical location so it won’t raise alarms with email recoveries,” TradeFortress said in a forum post.

“I know this doesn’t mean much, but I’m sorry, and saying that I’m very sad that this happened is an understatement,” TradeFortress wrote on the inputs.io website.

Like I said earlier, it wouldn't be hard to go around attacking websites once you learn enough about who runs them. I'm pretty sure that with all the above info it's not hard to think that maybe the email account got pwned.  I guess we won't know if it's hashie unless we email them. I'm just saying that it's someone that knows a bit about the bitcoin operations and it would be nice to have clarification from TraderFortress to find out if he still owns the email. I'm also saying that if a server was once compromised it would be good to take control of it during a scam like hashie as it wouldn't be hard to impersonate the site owner. in this way, you could offer a scam called hashie and run off with money. then, go right back and offer a new scam using the credentials of someone else.

Cloud mining service has its end written in the contract. But the drawdown of the bitcoin exchange rate make it faster than expected. And the speculative market and the greedy of the cloud mining service providers stop the price of contract goes down. As the cloud mining contract buyers cannot get the contract at a low enough price, usually the investors who hold the contract in long term cannot get profitable.

Buy a cloud mining contract at reasonable price (very important) from reliable provider will still be a choice of Bitcoin investment.

I'm glad I got out of Hashnest about 6 weeks ago with a tidy profit. I saw the collapse of cloudmining coming but it arrived even sooner than I thought it would... PBMining, Cointerra, CEX and soon, Hashnest.

Will do. Can't wait to get one and try it out, haha.

I'm happy for you. Didn't get mine yet.