--Hashnet Main Thread - Decentralized Pure Bitcoin Cloud Mining--

[hashnetmining]

It seems to me that you business model is pretty centralized! Much the same as the other cloud mining services...
Care to explain how is your cloud mining service decentralized?

Hi Blawpaw,

Unlike other mining providers, where you can purchase a mining contract that either expires or becomes invaluable we sell our GH/s on an exchange. After the initial mining power offering, the price will completely depend on supply and demand, we will have no control over that. Also users have the opportunity to sell mine power whenever they want easily on the marketplace, again without our intervention, since they are selling their GH/s to another customer.

I hope this helps.

Have a nice day,

Hashnet

Well, It is still a nice idea and a good business. However, you shouldn't promote it as a decentralized cloud mining service, which in fact it isn't!

Nevertheless, I think you have a good business there, and I wish you best of luck!

Thank you very much. In the name of the dev team I really appreciate your positive comment. In the future we will do our best to make hashnet.co as decentralised as possible.

wish you the best,

Hashnet's Robert

[hashnetmining]

2015.08.11: UPDATE

By August 20th Hashnet is going to introduce a completely reimagined design and some minor and major upgrades, fixes to the website.

List of fixes/upgrades:

• Fix the issue that multiple orders at the same price get listed as separate and not added up together
• Replace the share column with Referral Income, so users can see their income from referrals
• Historical list of deposits, and pending deposits added to the deposit page
• Historical list of withdrawals, and pending withdrawals added to the withdrawal page
• Summarizing user information on a balance/profits page: 1, Current Bitcoin Balance shown, 2, current GH/s shown
• Addition of Liquidation Button

Liquidation Button Explained:

With the liquidation button customers can sell their mining power whenever they like even when the market is dried up. If you choose to liquidate some Gh/s, you cannot reverse that position, and it will take 2 days of processing, since we will need to refill our hot wallet. You can monitor your liquidation processing in your Profits/Balance Page. The price of liquidation depends on the market and the demand for liquidation.
With the addition of the liquidation button, the Return on Investment will become extremely quick, since the investor can sell all of his/her positions directly to Hashnet whenever he wants.

Current Hashnet Gh/s offering price: 0.00175
Hashnet Liquidation price: 0.0017
Hashnet Profits annually: 9%-10%

Sneak peak of new design:[/center]

https://i.imgur.com/Ihkw5Ey.png

[tmfp]

So, 20th August has come and gone, what's happening Robert?

[ron7684]

So, 20th August has come and gone, what's happening Robert?

"Unfortunately our services will come to a pause on October 30th of 2015. Our miners will keep on paying out up until that date. Please withdraw your bitcoins from the website by that date. We are hosting a Gh/s buy back starting 01/10/2015. Although we will try to meet the needs of all of our customers, we can satisfy needs on a first come first served basis. Buyback Price: 0.00085 BTC"