Hashie doesn't care if the difficulty drops or not. They just want to sell contracts to hedge their investment.
I, for one, thing the environment for these FireHashers looks pretty good right now. I think I'll try it out.
AMHash, who provides hashing power to Hashie, has shown photos of their operation. People too often assume that cloud mining operations are a ponzi scheme because they don't understand why a company wouldn't just keep the proceeds of the mining operation for themselves. The reason is that if they can get other people to pay their maintenance fees then they are protected from a collapse in the bitcoin market. They're just hedging their bets by letting users like us accept some of the risk in exchange for possible profit. Not so hard to understand.
Keep in mind firehashers might not be backed by AMHASH. So if hashie does collapse no refund from AMhash. As for their profit of 0.2 btc that is misleading since this assumes stagnant difficulty. With the new year you have no clue how bitcoin will react or difficulty. Sure it looks like we will get one or two more difficulty drop but when we get difficulty increases you can bet it wont be by 2-3% like these drops. we are known for 10%+ which means one difficulty increase will prevent ROI from ever occuring. Sure you could sell the firehasher to another sucker but hashie is sort of greedy with the 10% markup making it hard to ROI doing that as well.
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Introducing FireHashersFireHashers are limited duration cloud miners that only mine for 60 or 90 days. While FireHashers won't last, your earned Bitcoins will. Come check out the pricing of FireHashers here: https://hashie.co/store_fhAvailable from Dec 24th to Dec 31th only. Not a good investment at all. I looked at the 60 day one and your lucky to ROI if difficulty only increases by 4% each time. 5% or more you lose money. I like how they say IF difficulty stays same you essentially make 0.2 btc. Why would anyone invest in this. The only way this would be a good investment is if maintenance fees were 0
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what causes such a drain? S2 market is trading at 0.00101 but Umisso on 0.0007. The Ponzi scheme for Umisso? If you look a select few are trying to drive the price down. 80 btc sell orders will create a huge wall hard to overcome
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WOW, 0.00069 !!
I do not know whats going on just wish I had more btc to buy more at this price. ROI is pretty decent at this price
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Havelock already converted AMhash3 to AMHASH 1 now the market cap of amhash is HUGE
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Looking to buy MSDN admin accounts and invites for reasonable prices. PM or reply with prices looking to get a reasonable offer. Will buy multiple invites if it will result in a lower price. Will not send first to anyone who has less rep than me. Escrow is accepted.
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Good eye... so my prediction is probably going to come true... paybase allows trading between XPY to BTC with no KYC but no withdrawals. Wow that is very sneaky. I read the original on HT not this new manage crap. I was holding the paycoin I got before cashing out of GAW so that I could sell it at $20. This new sneakiness makes me rethink my strat now
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Great site use it for doge coin faucets and works well similar to how inputs used to before it collapsed.
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I would get out while you can....The promises made about this coin are ponzi...It is your decision what you want to do... if a person promises everyone the moon the first time...
Advertisement on zenpool Made for ZenPool
The world's best miner deserves the world's most profitable pool.
The Hashlet was designed from the ground up to be optimized for ZenPool - the most advanced multi- pool ever conceived. Developed specifically for the Hashlet Prime, ZenPool uses smart payout prediction and the industry's fastest monitoring systems to give Hashlet owners the highest and most reliable payouts of any multipool in the world. And it belongs exclusively to Hashlet Prime & ZenHashlet owners. ....... and it doesn't work then how will this one work...everyone saying yes is a fudder they are most probably selling and telling everyone to buy Jokes on you
I think you posted this in the wrong thread. If not you are completely wrong. Hashnest is probably the most reputable cloud mining site to date since they have the hardware and capital to back it up (next to AMHASH).
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I agree I rather reinvest myself which is what I do now. This way if something goes wrong its my fault not the companys. On another note no more IPO shares so now lets see what happens to amhash1 share price when we are converted
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The IPO shares will most likely end in a day or two at the rate its been selling. My guess is within 24-36 hours.
Within 14 hours. Definitely since I just bought almost half the remaining IPO could not resist
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I am hoping for a payout this week as well but if not as long as I get both payouts this week I will be fine with it. This will be my first payout delay and as long as Chris keeps us consistently updated with problems and glitches I am ok. Good and consistent communication goes a long way.
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If you are going to buy an S1 you must underclock it to get better gh/w ratio. You might be just better off getting an S3 for slightly more in the long run since the S1 is already obsolete.
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The IPO shares will most likely end in a day or two at the rate its been selling. My guess is within 24-36 hours.
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I have been having problems logging into hashnest keep getting an error on homepage this happening to anyone else? First time its been this persistent for me (same message for 2 hours now)
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what are your predictions on the AMHash1-market when the ipo is finished? Will the price go up or down?
Based on AMhash1 and AMhash2 it should go up or stabilize slightly above IPO
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Heh the very same thread is happening over on litcointalk with regards to made/missed payments. This was too close of a warning sign, I sold off what I had invested in them this morning. There was a panic sell on Friday and ltcgear shares took a sharp fall. They went up again this morning when payments started to trickle out. I wish Chris the best of luck, maybe it will continue to payout over time for everyone who has invested with them.
Curious if anyone else got out of it this weekend too?
I am debating. I put my payments to convert to shares and I am still waiting. I already made ROI with some profit although of course more btc is always better I am willing to take the risk.
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Paycoin went POS last night
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Any idea how M10 mod payments were since vert changed algorithm and now it only mines darkcoin? Still waiting on payment currently so just curious.
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well i see they took the scrypt miners away from the hashnest market place i seen the forum message they had. They did give like 10 day notice as they was not making profit anymore. Maybe if hashnest want to offer cloud scrypt mining they should get better miners like top model just saying. I would buy scrypt cloud mine service That script miner was not bitmain's think it was remains of snowball.io. I am sure they are getting scrypt miners since the Bitmain antminer L1 is there first scrypt miner i really hope you are right i would like to see more services offer scrypt cloud based mining from different companies. Especially if they are a established company like bitmain as you mentioned would be awesome What do you mean an established company like bitmain they are bitmain lol. Bitmain bought snowball.io over and converted it to hashnest.
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