Took a look. I'd say it is a mix of scrypt.cc and mintsy (or other hashrate rental site). At least that is the impression that I got.

In case you aren't familiar with google.

http://lmgtfy.com/?q=Cryptsy+owners+and+points+of+contact

http://lmgtfy.com/?q=bittrex+owners+and+points+of+contact

Several months back it was released by BITMAINTECH that they had acquired Umisoo and Snowball.io. The company acquired to the 2 entities and possibly others in the effort to create hashnest, a cloud mining platform. Hashnest, once stood up, was supposed to run almost autonomously. Everything that I just said is based on recollections of the original information release. Over time a vast majority of the information about HASHNEST has been changed or editted. I can't say that I am a fan of changes in information or processes like have been occurring but there is only limited action that can be taken.

If you are looking to invest but have not already, my advice would be to just make sure you only put forward what you are willing to lose.

yes jump ship. based on your post, you are selling off the only paid miner that you had. any withdrawal after that would presumably be the lump sum of any earnings/remainder of btc on the account. in effect leaving you only with what was freely given. thus the jumping of ship.

my post was not meant to be of significant value. it was simply meant to convey friendly/humorous banter in your time of troubles.

absolutely no reason for you to raise you hackles. -1 for that bad egg.

lol. well that is honestly hilarious. guess you went back to newbie status after trying to jump ship.

I think you might be on the wrong forum. This is for HASHNEST. Currently, HASHNEST is comprised of the Snowball.io cloud and farm acquisition (slowly being converted over ) and UMISOO. UMISOO has been identified as a set of S2 farms that were acquired by BITMAINTECH, in the effort to establish a marketable cloud platform to interested parties. The pool that you are referring to in your post is ANTPOOL. That has been previously identified by BITMAINTECH as its premine pool for new equipment. That pool in no way is tied to this pool. To believe that BITMAINTECH premining and selling equipment off would directly correlate to a drop in this pools hash rate is a false assumption. Unless of course BITMAINTECH/HASHNEST was not entirely upfront with the establishment of the UMISOO farms and hash rate. While that should not correlate to the overall hash rate on HASHNEST, BITMAINTECH is still the owner which ties back to my original question....how is building up a competitor a fiscally sound  idea? BITMAINTECH has openly acknowledged that for large customers it provides equipment at a more wholesale rather than retail premium price. So the company likely did not make as much off of the gear as it would have should it have sold to smaller parties. Based on GAW's statements in relation to the contract confirmation, it would seem that GAW got the 5PH/S for much cheaper than most expectations. If you read the link from my original post about it, you will see that GAW personnel and posters are essentially gloating about the fact that they were able to use their weight to negotiate a very very favorable deal from the side of GAW.

Yes I know it is business. I would just like to see some of the reasoning behind feeding and empowering one of the principal competitors.

HASHNEST,

So BITMAIN, theoretically you, have confirmed that BITMAINTECH has contracted with GAW for BITMAINTECH to provide 5PH/S of hash rate to GAW's cloud mining platform Zencloud/Hashbase. Here is the link to show that BITMAIN did in fact confirm the contract. https://bitcointalk.org/index.php?topic=827552.new#new

Since BITMAINTECH has its own cloud platform, HASHNEST, how is this 5PH/S of provided hash rate expected to affect the HASHNEST platform/pool/payouts/etc? Would not providing 5PH/S of hash rate to a direct competitor be against the best interests of HASHNEST and its users?

Look forward to your quick and informative response.

If either of you can get a response from hashnest that isn't just a link to an old post that is no longer applicable...i'd be very very surprised.

i've looked at the hyperlink you provided and the response to questions is less than it is here......

that isn't exactly true. you can hold gh/s and still not get answers to questions/tickets/posts etc.

Hashnest does not reward instantly.
Zencloud does not reward instantly.
Cryptsy's MN1 and MN2 shares do not reward instantly. (The next iteration "Mintsy" is not planned to reward instantly.)
Hashprofit does not reward instantly.
PBmining does not reward instantly.
LTCGear does not reward instantly.
Genesis-Mining does not reward instantly.

The list could go on and on. The ones that I listed have been a 1 day to 1 week time frame between payouts. Eobot is a mix of mining and hosting so that shouldn't really count. That is basically like saying CEX is the same when really it only has 13-15PH/S of "cloud" mining GH/S and the remainder of the 65 PH/S is miners pointing their rigs at the pool. Additionally, I only listed those cloud/hosted pools which I know provide some form of referral capability or bonus.

looks like they're doing everything but responding on their forum.

Nothing in life is instantaneous. Regardless of the fact that we all seem to be living in an instant gratification NEEDING society. If you were looking to get rich "quick"-ish off of BTC, you should have started out in 2010 or 2011. Right now we're in the midst of moving from minimal (just those of us who are tech-heads or nerds) to greater world acceptance.

Wow. Talk about blowing smoke out your backside. Advice for any future posts that you might make, do a little bit of research. Even a tiny bit would have stopped your from making an ass out of yourself with this last post.

So apparently the GAW_CEO has told the GAW users via a hashtalk post that GAW is buying 5 ph/s of cloud mining from BITMAINTECH.

HASHNEST, is this true? Is the reason HASHNEST users are being abandoned and questions going unanswered stemming from a new deal with GAW?

While I cannot agree with a vast majority of anything you have posted, you do have a fair question about the household.


To Hashie,

 What if multiple people in a household have accounts or try to set up accounts on Hashie? For example, if myself and my wife were to both have accounts. Regardless of the fact that she still refuses to try to understand crypto-currency and thus this scenario will never happen, if we were to both have accounts that you would then have 2 accounts hitting on the same public facing IP address. If you filter based on IP address then that will possibly harm or impede legitimate investors. You also already have one limiter in place, the requirement to associate a phone to the account. I am assuming that you have a filter of some sort that screens or databases the phone registrations and compares them as additional accounts are being set up.

I've already noted the fact that they are changing the facts on the page to match the revelations being made by users on here.  To keep that log of facts going, here are some additional snapshots of what is stated on the site.

Primary page says,

"UMISOO Round 1 Subscription 1.125BTC/THS 4PHS+ hashing power is generated by 4300 units of AntMinerS2."

Then if you click on the main page it takes you to the UMISOO purchase page where the text says,

"There are over 5,000 AntMiner S2 miners being operated in the mining farm, and the hash rate of 4,300 AntMiner S2 miners were switched into HASHNEST. The Hash rate is 3PH±5%."

Additional text says,

"From the historical operational statistics of UMISOO, the average monthly hash rate reliability is as high as 99.9%. Users will be able to monitor the real-time hash rate of the mining farm, user hash rate percentages and the total hash rate in HASHNEST."

Current operating speed is 2599827.01GHS for the farm. That is well outside the bounds of 99.9% reliability.

Really hoping the BITMAINTECH steps up and addresses the issues and makes corrections where necessary. I, like many others, invested in HASHNEST due to its affiliation with one of the most reliable miner producing entities around. This venture, however, has caused a few cracks in that foundation of trust due to inconsistency and lack of overall clarity and transparency in operations.

yesterday the umisoo listing had "4ph+/-" in the text below the display. today it is changed to 3. they seem to have changed it directly following the posts from users here questioning the facts. still lists a number of miners that would surpass 4ph/s too. all of that does not make me have the warm and fuzzies regardless of the fact that it is bitmain owned.

I wasn't posting to indicate a belief of possible scam. The intent of my post was to address the comment of another that the price on hashie was too good to be true when it in fact is middle of the road between some of the bigger entities. The photo comment was simply a follow-on to requests by other users.