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5061  Economy / Service Discussion / Re: Hashnest 's newest PACMiC Cloud Mining Contract on: May 15, 2015, 04:19:13 PM
will there be a new round of PACMiC offered in the future?

I ask so I can plan to put the funds aside.


Why? You can get 100% ROI with their cloud mining and yet you choose 22%. Why?

Where are your numbers for this?

Well PACMiC is 22% a year max, it s fixed interest and it s in the official thread. Cloud is my own calculations based on this http://nextdifficulty.com/#roi
Cloud is a more risky option but it does generate more of potential returns. This is why I like to differentiate into PoS as well, DMD Diamond especially.


Right, but you stated that you can get 100% ROI with cloud mining, and it seemed pretty certain.  I am not arguing with you, I am just interested in how you got to that number.

Personally I find the PACMiC to be a safer option, and as such, the ROI is less.  I feel like a 100% positive ROI for the S5 is a tad too high, but to each his own.  I would rather take the less risky option on the PACMiC and get a lower return than the S5 potentially could be.

Of course, the option to sell your S5 at anytime is a great plus if you need the money, whereas my PACMiC's are tied up for a certain period of time (roughly 3 months).  So I think of the PACMiC sort of like a 3 month CD, but I would rather get 22% on the PACMiC than 1 or 2% on a normal CD through a bank.

Well, if you take a look at the table, current expected ROI for S5 is 257 days. Add a bit of difficulty increase to that and you ll get a year. Sell the miner and here it is. Yes, I agree, this is a risky option but in this industry, you can make money only on risk. PACMiC s Ok but only if you have a lot of funds at your disposal. If not, you invest 2 BTC and get 0.44 after a year. That s $100. Not worth of hassle and risk.
5062  Economy / Service Discussion / Re: Hashnest 's newest PACMiC Cloud Mining Contract on: May 15, 2015, 04:00:24 PM
will there be a new round of PACMiC offered in the future?

I ask so I can plan to put the funds aside.


Why? You can get 100% ROI with their cloud mining and yet you choose 22%. Why?

Where are your numbers for this?

Well PACMiC is 22% a year max, it s fixed interest and it s in the official thread. Cloud is my own calculations based on this http://nextdifficulty.com/#roi
Cloud is a more risky option but it does generate more of potential returns. This is why I like to differentiate into PoS as well, DMD Diamond especially. Here is the link for this one as well: https://bit.diamonds/
Feel free to message me if I can help in any other way.
5063  Economy / Service Discussion / Re: Hashnest 's newest PACMiC Cloud Mining Contract on: May 15, 2015, 03:17:06 PM
will there be a new round of PACMiC offered in the future?

I ask so I can plan to put the funds aside.


Why? You can get 100% ROI with their cloud mining and yet you choose 22%. Why?
5064  Economy / Service Discussion / Re: Is hashnest profitable ? on: May 15, 2015, 11:04:22 AM
Hashnest can be profitable but there are no guarantees. After all, this is crypto, everything s risky.

At least it is safe.. and reasonably profitable of course. It's the most legit cloudmining service today and talking about profits it is better than genesis-mining and similar, but more days to roi than many ponzies here like scrypt.cc for sure. So if you chose hashnest - just go with it you won't find anything better. You might want to wait for summer and upcoming S6 though Smiley

True. But after S6, there will be about 8-9 months till rewards gets reduced. The faith of cloud mining after that one s very unclear.
5065  Bitcoin / Bitcoin Discussion / Re: If you would be able to get back in early 2009, what would you do? on: May 15, 2015, 08:14:11 AM
well i would mine bitcoin so that i would be rich  Shocked

Details, how, with what, where?

Make sure u describe stuff u had access to at that time.
5066  Bitcoin / Bitcoin Discussion / Re: What happens with Coin collectors and people into Numismatics? on: May 15, 2015, 06:01:45 AM
I m not sure this is applicable. If you do not have a physical coin, people are not going to collect it as a hobby.
5067  Other / Off-topic / Re: What do you do with your btc? on: May 15, 2015, 05:59:50 AM
I invest into PoS coins recently, I simply love staking and I think it ll be a new form of mining.

My personal best is DMD Diamond coin, 50% annual interest and only 4.38 million coins. In other words, you buy 1000 coins and 1 year you have 1500 coins. Also, this coins s been around for years.

Here is the link:

https://bit.diamonds/

ok but it is worth it? usually pos coin depreciate very fast because anyone can have them for free through pos in fact, this is why i don't like them, besides that i would call them lazy investment, because of the passive income

better to invest in something else or to not invest at all, it's not like you obligated to do something with your bitcoin, they can sit there

Well, this coin s been around for over 3 years. Also, the inflation control they have in place has limited any serious depreciation. Unfortunately, it has also created a situation where buying large quantities is not possible. However, I like scarcity and have been making money of it for the last 5 months.
5068  Bitcoin / Bitcoin Discussion / Re: Total number of bitcoins will DECREASE on: May 15, 2015, 05:56:39 AM
ATM, I think at least 2 mill have already been lost. So total number ll not be over 19 million.
5069  Bitcoin / Bitcoin Discussion / Re: Africa or Australia on: May 15, 2015, 05:55:38 AM
Neither of these.

America, as soon as we get a few more entrants from the Wall Street. For now we have 1 fund but I still wait for the twins.
5070  Bitcoin / Mining speculation / Re: 0 electricity and ISP costs, large facility paid for. Is mining still lucrative? on: May 15, 2015, 05:54:22 AM
What do you mean power consumption is not an object? If you put inside 1000 S5 miners, power consumption ll go through the roof and someone will notice it, unless you have your own hydro power or similar.
5071  Bitcoin / Mining speculation / Re: would you consider 0.08 Cent per kWh cheap nowadays ? on: May 15, 2015, 05:51:40 AM
Nope,  I can get half that price in several locations.

Are you sure you can get 0.04 Cent not 0.04 USD? OP is living in a paradise if 0.08 Cent per kWh is the actual price.

Good point, I can get $0.04/Kwh which is .04 USD

This ration is competitive. With this, you have a good basis for a farm. Now you only need to be able to design your own ASIC to avoid markup.
5072  Bitcoin / Mining speculation / Re: Government Funded Farms? on: May 15, 2015, 05:50:39 AM
Why would a government fund a farm? What explanation would be for them why they spend money this way?

There is almost no reason.  Only one I can think of is if you put a farm in unstable place, and government take it.  (Slim chance of this as data centers are built in stable countries).

If a government needs BTC for something.... they will buy it.

I think he s aiming towards a farm being built by some public funds, donation, etc.

This simply does not happen, not in a developed world. Maybe some African dictatorship might consider it.
5073  Bitcoin / Bitcoin Discussion / Re: Anti-Bitcoin bill -- Please tell N.C. to vote no! on: May 15, 2015, 05:48:50 AM
Pls remove email part from the form. It does seem like email farming with that and I do not think this is your intention.
5074  Economy / Securities / Re: HEDGE FUND BTC on: May 15, 2015, 05:46:30 AM

Thanks all Hedge Fund BTC investors one new ATM begin to run in Espai Bitcoin Girona (Spain) !!!
http://www.cincuentaeuros.com/espai-bitcoin/

We need more private investors for to install new ATMs. Remember than we pay weekly dividends ;-)
Please contact.
Good luck.

This seems decent. I would suggest you set a bit more professional website in English with data backing up this venture, photos, infos, etc. I m sure you would expend a lot faster.
5075  Economy / Trading Discussion / Re: Buying Bitcoin on: May 15, 2015, 05:31:12 AM
I have used Bitstamp and have been very happy with them.

What CC options do you use?
5076  Economy / Service Discussion / Re: ▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁ on: May 15, 2015, 05:25:49 AM
I've made ROI at bitcoin cloud mining services.  I think it was something like 200 days but mine was a very small investment... I think .15 BTC.  I was lucky and signed up when they had 5-year contracts.  I think they have a promotion running now where it's a 2-year contract.  Not sure if it's worth the risk but maybe okay for a small venture.  I may throw another .15 that way... or not :-)

If you have .15 to toss away, PM me. I promise to return some of your investment back to you at some later date.

Investing into magic coins?
5077  Economy / Service Discussion / Re: Bitcoin/Altcoin cloud Mining on: May 15, 2015, 05:24:38 AM
BTC, Hashnest or Bit-x.

Altocoin, not so sure.

You can also try PoS coins, I like DMD Diamond.

https://bit.diamonds/
What do you mean by BTC?

I mean if you want BTC mining, then these two options.
5078  Economy / Service Discussion / Re: Is hashnest profitable ? on: May 15, 2015, 05:23:25 AM
Hashnest can be profitable but there are no guarantees. After all, this is crypto, everything s risky.
5079  Economy / Trading Discussion / Re: Good ways to invest Bitcoins on: May 14, 2015, 06:46:00 PM
Investing into PoS coins, staking does seem to be very interesting option.

I like DMD Diamond, 50% annual interest

https://bit.diamonds/

5080  Economy / Service Discussion / Re: Is hashnest profitable ? on: May 14, 2015, 06:44:13 PM
Hello,
I would like to know if it's profitable to buy a S5 miner on hashnest and let it mine there.
My plan is probably to mine to Nicehash, which seems to pay enough to cover electricity fees and give a bit profit.
But would it be really profitable ?
If not, is there a pool where it could be profitable ?

Regards
If you buy an S5 on HashNest, aren't you limited to it only mining on AntPool?
I don't know, I thought we could point to an other place. Is it not possible ?
Is there an other miner which we can decide where to mine ?
Or is there a miner seller/hoster where we can decide ?

You cannot choose the pool, you are limited to Antpool only. Is it profitable, nobody can tell you that, too many variables in the game.
It s obvious you re new in the BTC world, I would suggest you go slow, invest a bit and see how it works and them move from there.

I do a bit of cloudmining and a lot of more of investing into PoS coins. I think staking will be the future of crypto, much more efficient. I like DMD Diamond coin, for example.

Also, if you buy a whole miner on Hashnest, what you get will be derived from the PPLNS method, which means that it is variable and there is no guaranteed earnings. If you buy GHS however, then it is PPS, which means you know what you'll get, but the GHS price may drop.

Yes, I always prefer options with some kind of potential exit strategy, just in case something goes wrong.
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