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s7 market is out and its pretty lame, ill give it a couple days, see if price gets better or more volume. im going back to s5 for now
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Just curious, market rate once S7 is released, should be around .00144 BTC per GH? Given cost of Miner and PSU?
market price will follow shop price until people figure out what the shelf life of the machine will be. its way too early to tell. |
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the chances of profit with free eletro is very high, as a miner u gotta be crazy not to do it. u just gotta be smart and not buy miners when the mining arms race is happening. let the dust settle. unfortunaly its happen right now. so dont rush, study up first, practice with some low budget gear just to get a feel for what happens. and then strike hard when u think its a good time.
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my theory is, they made v3 a good deal to get the money fast so they can pump it into more s7 production. now that they are done with that pacman contracts go back to normal. also judging by the lack of customer service, they aint here to make customers happy , they are here to make moves.
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I cannot find one main and vital piece of information anywhere. CAn the main hashnest user help me. I need to know the ROI of the antminer s7 to know when users can start earning money (when their initial investment has been paid off!)
ROI doesn't quite work that way. You have to consider influences of increasing difficulty, BTC price and even stuff like regulation on a globe scale. Of course one can calculate a ROI at the conditions we have know, but that will say very little of the "real" ROI and are practical useless, imho. yep is right, there are only guesses and estimations, and they are never accurate. if u cant follow the market on the regular and make some decent trades , there is a high probablity u will lose. there are winners and losers in this game. people dont get that mining is speculation , not a money printing machine. |
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is this a hash trading site as well or more so mining.
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when bitcoin goes mainstream, people wont even know they are using bitcoins. there will be so many 3rd party links ,people will be more focus on if the company can do what it says it can do , rather than what bitcoin can do. and of course company will just use btc ,while the customer could careless how they get the job done. this might be the only way btc will ever make it .
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today might go down as the worst mining day in the history of mining. i dont think this will ever be topped.
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nothing is free when there is tyranny , the elite will want their cut.
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In about 21 hours the S3 will be underwater, yet they are trading at 0.00018. I wouldn't pay 0.000001 (which is less than 1% of the current price). I know people might not understand how things work, but this is an EOL (end of life) miner. It will be worth nothing in 21 hours (the next difficulty change). People need to sell their S3s now. Get something for them now or nothing for them later. Alight, I have done my good deed for the day  yea its pretty fukin crazy , u would think people would care about there own money more. they will probably talk themselves into thinking were just trolling and fudding to get them to dump. |
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i have buy ghz in market
where is my current earnings balance ?
go blocks , antpool when blocks get 6 confirmation they will send money to ur wallet, thats if it doesnt take too long to find a block |
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1. If due to falling bitcoin exchange rate or increase in mining difficulty, the electricity fee is greater than 90% of mining revenues, mining contracts on Hashnest will enter a “redemption waiting period”.
2. As we do our best to keep mining contracts profitable, during this waiting period, revenues will be paid out according to the PPS method.
During this time HASHNEST will halt trading on the GH/s exchange, hasrate transfers and cancel any unfulfilled orders.
so they gonna pause trading at 90% that sucks now we gotta dump earlier.
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dance , the insanity is base on hope. at the casino most lose but the hope of wining will keep them coming back. its similar with btc mining, majority of miners lose money, many are not true investors they do very little research and calculations. they just want a chance to win without the hard labor. also there are traders, as a trading u will not only factor in the math ,u will have to factor in the feelings of the market, if the market is bull , ur gonna buy reguardless of its a good deal or not cause ur leaning towards an sinerio where u can flip it for profit. if u buy n hold , yes i agree this is not a good price, as there is no indication that btc price will jump and there is an clear indication that diff will ramp up, this is a recipe for holding diaster.
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the blockchain stress test might be effecting things. might just have to wait it out, i dont no when tho.
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mine n trade. either do it on cloud platform or sell the machine while it still has value. plug n play is too slow and risky. thats for the bigger farms.
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is there a adv here over the other place (hn) . other than the ability to use credit cards. ?
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i had flash backs of the cex days yesterday. fees ,crash,panic. im pretty fed tho. i guess we could expect this to happen everytime this scenario happens.
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yup s7 hashmarket oct 10. that explains why they implemented a fee. there will be a shit load of hashes unleashed, they want some of that trading action.
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its gonna turn into a day trading site ,ghs will be seen as a commodity since it generates it. i dont mind a fee just as long as they put some of that towards customer service.
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