Thanks for the reply, very helpful 

So a few questions about hashnest

First and foremost, when the maintenance for a specific type of miner exceeds it's revenue it stops mining and you can redeem your gh/s for the actual hardware but you have to pay shipping. I've heard the shipping charges are pretty unreasonable, but what are the actual shipping costs?

Second, could somebody provide a better explanation of the Pacmic contracts because from what I've read it seems like the pacmic contract is
You buy 1 TH/s of a specific type of miner.
It mines for you and pays you back what it earns with each block mined until the principle is returned.
In addition to that you receive interest equal to (Unpaid Principle)(0.45)(1 Satoshi) every second.
If the miner is unprofitable for 2 weeks then it stops mining and you're out of luck.
You also don't have to pay any maintenance fees on the miner.

I have only read negative reviews about the Pacmic contracts though so I don't understand if I'm right because it sounds like a pretty good investment from what hashnest says.

That is all

Repaid

http://blockchain.info/tx-index/52d36f8ed4243a364c0ef7535f235c87dba659068cc256328809a5a8c5c6a85c

Thanks for trusting me Molotov

Thank you for the feedback everybody else I will not ask for another rep loan. But I'm wondering what is a good way to build trust?

That is true and I understand your concern, it certainly looks suspicious when someone who is new tries to build rep. I'm not trying to build rep to scam, I'm only building it so I can be trusted as I may start a service that requires me to be trusted(like an escrow service).

I read the stickies and they don't explicitly say you can't take out rep loans, however they discourage it because of many people continually taking out bigger rep loans and then running away with the money.

I agree rep loans are frowned upon because people would keep taking out more rep loans, and then run away with the money when they were given a decent amount. However I won't be taking out any big rep loans and if I take out another rep loan it won't be worth more than how much I've repaid.



As soon as it's confirmed



I agree that trust is earned and not bought. However I am not buying trust, somebody is trusting me with their bitcoin. I am not just paying them to give me trust.

I am asking for 0.001 BTC for my first rep loan. I will repay 0.005 as soon as I see the transaction and it's also confirmed. The balance on the address is 0.0041 because I made it specifically for repaying this loan.

Address: 1EePLDhsPkCBehw4RmdGMhkHRrraGHsaSs

https://blockchain.info/address/1EePLDhsPkCBehw4RmdGMhkHRrraGHsaSs