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January 07, 2016, 04:08:02 AM |
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it will increase if you add to the principle.
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TracerX
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January 07, 2016, 04:24:23 AM |
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it will increase if you add to the principle.
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Of course it will. If you have sufficient principle the actual hourly interest will increase. At the time I had over 8 BTC, and this was when the interest rate was at 6%. The accrued hourly interest amount would increase a few satoshis a day without me touching the principle. It compounded hourly. edit: accrued amount, not rate.
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Kisleav
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January 07, 2016, 04:33:34 AM |
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Am new here, is it worth investing in
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Zocadas
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January 07, 2016, 11:21:28 AM |
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Am new here, is it worth investing in
So far, HaoBTC is quite reliable. It is supported by the mining operation of HaoBTC. Their miners are still working.
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wlefever
Legendary
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Activity: 1174
Merit: 1001
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January 07, 2016, 02:08:02 PM |
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So far so good. Got my first months deposit for 1 month of the financing option, and I'm pleased with the "high interest savings" it brings. Seems like as mentioned above the mining operation is going well with their cheap hydrostation for power so the next few months at the least still look good!
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newbieXX
Newbie
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Activity: 20
Merit: 0
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January 08, 2016, 07:54:46 PM |
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Is it worth investing in if one has small amounts of coin? I am hitting the faucets at the moment untill i reach 0.20 BTC or so and then i plan to put it in HAOBTC wallet and see how it grows. Dunno...how much time would it take to grow to 0.50 or 1 BTC? Few years?
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Mikestang
Legendary
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Activity: 1274
Merit: 1000
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January 08, 2016, 10:25:10 PM |
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Any simple interest calculator can tell you how long it takes to earn Y starting with X at Z%.
I deposit 0.1btc increments, the earnings are far, far in excess of anything you could make doing faucets all day long i.e. wasting your time.
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ranlo
Legendary
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Activity: 1988
Merit: 1007
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January 09, 2016, 02:19:26 AM |
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3% is better than nothin. Is there any compounding or the 3% interest are tied to the capital only? Principle only, I sent .1 BTC and watched each hour same amount, it does not compound each hour Icon You may need to watch it longer, or have a higher balance. I have seen the paid interest amount increase consistently. It's 100% compounded. It takes 0.00292 BTC to get 1 satoshi per hour, so you'll need to earn that much in interest to get it incremented. For example, if you had 852.64 BTC there, you would see your interest increase each hour (0.00292 to 0.00292001 to 0.00292002, etc.).
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Zocadas
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January 20, 2016, 10:31:20 AM Last edit: September 14, 2017, 12:00:26 PM by Zocadas |
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Is it worth investing in if one has small amounts of coin? I am hitting the faucets at the moment untill i reach 0.20 BTC or so and then i plan to put it in HAOBTC wallet and see how it grows. Dunno...how much time would it take to grow to 0.50 or 1 BTC? Few years? The interest rate has dropped recently, but I would reccommend you, to keep your Bitcoin. Only, if you have a solid budget, it would make sense to put a little amount into HAOBTC.
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densuj
Legendary
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Activity: 910
Merit: 1000
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January 20, 2016, 11:43:08 AM |
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before people invest on your service. i think you must upload videos of mining farm. Don't just photos, they will make people are not doubt.
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Eric Mu (OP)
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January 20, 2016, 12:31:03 PM Last edit: January 20, 2016, 12:59:56 PM by eric@haobtc |
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before people invest on your service. i think you must upload videos of mining farm. Don't just photos, they will make people are not doubt.
I filmed a short one when I was there. You probably can still find it on YouTube. I also collaborated with a British artist and produced this one: https://vimeo.com/141600878 . I am aware that both are months old now and I have been too busy to revisit.
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notaek
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January 20, 2016, 03:06:53 PM |
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I filmed a short one when I was there. You probably can still find it on YouTube. I also collaborated with a British artist and produced this one: https://vimeo.com/141600878 . I am aware that both are months old now and I have been too busy to revisit. That's an awesome documentary of your mining farm station. Although the background editing was quite distracting to focus on the actual video, it was quite satisfactory to see where people are investing their hard earned money and not just throwing it off. Wish you a big success ahead.
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novgod
Member
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January 20, 2016, 05:14:07 PM |
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website is not in English, too bad
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wlefever
Legendary
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Activity: 1174
Merit: 1001
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January 20, 2016, 05:25:24 PM |
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website is not in English, too bad You can change the language to English @ the bottom of the page, or when you log in.
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densuj
Legendary
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Activity: 910
Merit: 1000
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January 20, 2016, 07:12:25 PM |
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before people invest on your service. i think you must upload videos of mining farm. Don't just photos, they will make people are not doubt.
I filmed a short one when I was there. You probably can still find it on YouTube. I also collaborated with a British artist and produced this one: https://vimeo.com/141600878 . I am aware that both are months old now and I have been too busy to revisit. I have been seen your video on youtube not from vimeo. I hope next time you have much time for make video of mining farm, don't video people on truck with loud noise. That is just my feedback. Thank you very much
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TracerX
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January 20, 2016, 09:44:28 PM |
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before people invest on your service. i think you must upload videos of mining farm. Don't just photos, they will make people are not doubt.
I filmed a short one when I was there. You probably can still find it on YouTube. I also collaborated with a British artist and produced this one: https://vimeo.com/141600878 . I am aware that both are months old now and I have been too busy to revisit. I had not seen this--thank you for sharing!
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Mikestang
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Activity: 1274
Merit: 1000
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January 20, 2016, 10:13:47 PM |
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before people invest on your service. i think you must upload videos of mining farm. Don't just photos, they will make people are not doubt.
I think anyone who has followed Eric's threads here and done any research online knows that HaoBTC is a real company. His photos and write ups speak more than videos to me.
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usenet
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January 21, 2016, 07:09:28 AM |
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Eric, Does the company wondered how the last message of the People's Bank of China to create a new cryptocurrency will affect the company's operations and other similar? Or you can submit your private opinion here?
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Eric Mu (OP)
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January 21, 2016, 08:02:46 AM |
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Eric, Does the company wondered how the last message of the People's Bank of China to create a new cryptocurrency will affect the company's operations and other similar? Or you can submit your private opinion here?
Most people I talked to, my colleagues at HaoBTC included, interpret this as positive as it will increase awareness of cryptocurrency among the public. Also, the stated purpose of the proposed PBC Coin is combating tax evasion and money laundering, and it may drive more to embrace a free currency such as Bitcoin as a refuge.
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