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Author Topic: [ANN] HaoBTC, mining dividend paid out hourly  (Read 54917 times)
wlefever
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November 12, 2016, 02:15:54 PM

Finance wallet has and will always have a minimum 10 BTC deposit requirement. I'm on month 12 and very happy with the interest earned.  Naturally their interest rate has had to decrease due to the squeezing of profit margins for their mining operations. Competition is tight in this market so to offer any interest is still a positive.
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November 12, 2016, 05:07:00 PM

Finance wallet has and will always have a minimum 10 BTC deposit requirement. I'm on month 12 and very happy with the interest earned.  Naturally their interest rate has had to decrease due to the squeezing of profit margins for their mining operations. Competition is tight in this market so to offer any interest is still a positive.

I generally agree with you, passive interest of any kind is better then nothing. Still, if you re into crypto for a long time like I am, there re several better paying options. However, most of these options re also riskier. So, it all comes to down to risk vs reward.

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November 22, 2016, 08:34:31 AM

Finance wallet has and will always have a minimum 10 BTC deposit requirement. I'm on month 12 and very happy with the interest earned.  Naturally their interest rate has had to decrease due to the squeezing of profit margins for their mining operations. Competition is tight in this market so to offer any interest is still a positive.

I generally agree with you, passive interest of any kind is better then nothing. Still, if you re into crypto for a long time like I am, there re several better paying options. However, most of these options re also riskier. So, it all comes to down to risk vs reward.

Investing the bitcoin is quite risky. But so far, the payment from the HaoBTC is on time, and it is supported by their mining operation.




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XiongTyler
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November 24, 2016, 10:05:09 AM

HaoBTC Standard Hashrate Exchange (Hash-Ex) is launched!

https://haobtc.com/platform/vendor/hashex/
What Hash-Ex is?
It is a new inventional APP in HaoBTC Wallet. Using this service, you may own a part of HaoBTC mining income and will be able to exchange it however you want.

As long as HaoBTC is a sole proprietor of it's own Miners, we are making standardized products and do not lean on any accidental factors. Since you puchase the HaoBTC Standard Hashrate, everyday after you will be paid a certain income according to your share and with deduction of electricity cost. You also have a right to sell out all of your Hashrate through the exchange and not be a mining participant any longer.

Product Details:
HaoBTC has two types of computing power:
150W/T uses 0.15 kWh per Terrabyte
300W/T uses 0.3 kWh  per Terrabyte

Price of Electricity (CNY/kWh)   Electricity Cost/T/Day (CNY)   Corresponding Miner   Bitcoin Mined/T/Day (B)*   Bitcoin Received/T/Day (B)*   
150W/T   0.32   1.152   Antminer S9/Avalon A7   0.00087665   0.00065722   
300W/T   0.32   2.304   Antminer S7/Avalon A6   0.00087665   0.00043779   
*Take the situation of November 23, 2016 as an example                                      

E.g., if Alice buys 1000T of 150W/T Hashrate on 23 Nov. 2016, then on 24 Nov. 2016 she would have 0.87665 BTC mined. After deduction of electricity cost, she will have 0.65722  BTC received.
If Bob buys 1000T of 150W/T Hashrate on 23 Nov. 2016, then on 24 Nov. 2016 he would have 0.87665 BTC mined. After deduction of electricity cost, he will have 0.43779 BTC received.

Most important features HaoBTC Hash-Ex:
-Cloud mining: No need to purchase, transfer, install, debug and maintain the miners;
-Steady Hashrate: HaoBTC bears all the risks, you get your Hashrate 100%;
-Low electricity price: the most competitive prices in the whole network;
-Easy transactions: purchasing 1T and above and start "mining", exit any time.

Why HaoBTC Hash-Ex is the BEST choice?
1) Convinent - do your easy "home mining";
2) Professional - our experienced Operation team can guarantee the best performance of miners;
3) Low costs - cheap electricity and NO any FEE for maintenance and management;
4) Reliable - HaoBTC is stable on the Market and worth to be trusted.

https://haobtc.com/platform/vendor/hashex/

Bixin!
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November 24, 2016, 02:55:45 PM

now i moved about 1,22 BTC from my Walled to HAObtc.
Now iam getting about ~140 Satoshi /hour  as a dividente its better than nothing .
On my old walled i had more than 1 btc over one year and got non profit here on hao i get a samll profit.
its low but better than nothing !



kind regards

XiongTyler
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November 28, 2016, 02:06:17 AM

now i moved about 1,22 BTC from my Walled to HAObtc.
Now iam getting about ~140 Satoshi /hour  as a dividente its better than nothing .
On my old walled i had more than 1 btc over one year and got non profit here on hao i get a samll profit.
its low but better than nothing !



kind regards

Indeed

Bixin!
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December 02, 2016, 05:30:05 PM

Kudos to HaoBTC for transparency on their HashEX hosted bitcoin mining. As an experiment I bought 1 TH/s hosted bitcoin mining both at HaoBTC and ViaBTC. ViaBTC charges 0.21 bitcoin per TH/s rather than 0.20 at HaoBTC but daily returns are very slightly higher at ViaBTC, on the order of .00005 per day, a few cents more in profit per day. I think the difference is due to higher power fee charged by HaoBTC: they charge 1.152 cny per day per TH/s while ViaBTC only charges 0.84 cny per day per TH/s.

More efficient miners may also play a role. HaoBTC claims 150 W/Th/s while ViaBTC uses 100 W/Th/s. ViaBTC states they are using Antminer S9 while I think HaoBTC is using Avalon? The Avalon 721 draws 150 W/TH/s.

amacar2
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December 02, 2016, 05:36:21 PM

Kudos to HaoBTC for transparency on their HashEX hosted bitcoin mining. As an experiment I bought 1 TH/s hosted bitcoin mining both at HaoBTC and ViaBTC. ViaBTC charges 0.21 bitcoin per TH/s rather than 0.20 at HaoBTC but daily returns are very slightly higher at ViaBTC, on the order of .00005 per day, a few cents more in profit per day.
Have you calculated how much time/day it will take for you to get your initial investment back? I think it will be more than year if difficult doesn't get skyrocketed in next 12 month.


E.g., if Alice buys 1000T of 150W/T Hashrate on 23 Nov. 2016, then on 24 Nov. 2016 she would have 0.87665 BTC mined. After deduction of electricity cost, she will have 0.65722  BTC received.
If Bob buys 1000T of 150W/T Hashrate on 23 Nov. 2016, then on 24 Nov. 2016 he would have 0.87665 BTC mined. After deduction of electricity cost, he will have 0.43779 BTC received.

I think there is typo here, If bob buys 1000 t of 300W/T hashrate should be there in place of If Bob buys 1000T of 150W/T Hashrate



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BitcoinNewsMagazine
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December 02, 2016, 05:45:50 PM

Kudos to HaoBTC for transparency on their HashEX hosted bitcoin mining. As an experiment I bought 1 TH/s hosted bitcoin mining both at HaoBTC and ViaBTC. ViaBTC charges 0.21 bitcoin per TH/s rather than 0.20 at HaoBTC but daily returns are very slightly higher at ViaBTC, on the order of .00005 per day, a few cents more in profit per day.
Have you calculated how much time/day it will take for you to get your initial investment back? I think it will be more than year if difficult doesn't get skyrocketed in next 12 month.


E.g., if Alice buys 1000T of 150W/T Hashrate on 23 Nov. 2016, then on 24 Nov. 2016 she would have 0.87665 BTC mined. After deduction of electricity cost, she will have 0.65722  BTC received.
If Bob buys 1000T of 150W/T Hashrate on 23 Nov. 2016, then on 24 Nov. 2016 he would have 0.87665 BTC mined. After deduction of electricity cost, he will have 0.43779 BTC received.

I think there is typo here, If bob buys 1000 t of 300W/T hashrate should be there in place of If Bob buys 1000T of 150W/T Hashrate

At least 300 days unless bitcoin price really takes off. Worth a flyer since only 0.20 bitcoin invested.

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December 07, 2016, 08:10:23 AM

Kudos to HaoBTC for transparency on their HashEX hosted bitcoin mining. As an experiment I bought 1 TH/s hosted bitcoin mining both at HaoBTC and ViaBTC. ViaBTC charges 0.21 bitcoin per TH/s rather than 0.20 at HaoBTC but daily returns are very slightly higher at ViaBTC, on the order of .00005 per day, a few cents more in profit per day. I think the difference is due to higher power fee charged by HaoBTC: they charge 1.152 cny per day per TH/s while ViaBTC only charges 0.84 cny per day per TH/s.

More efficient miners may also play a role. HaoBTC claims 150 W/Th/s while ViaBTC uses 100 W/Th/s. ViaBTC states they are using Antminer S9 while I think HaoBTC is using Avalon? The Avalon 721 draws 150 W/TH/s.

Our actual miners use Antminer S7 & S9, and Avalon A6 as well. Maybe we will also buy A7 if its price is okay. (But please be aware that our Standard Hashrate is abstract and theoretical. )

According to our calculation, our Standard Hashrate would be a better choice though it's really difficult to get the right result. So, I think your experiment is interesting.

Bixin!
XiongTyler
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December 07, 2016, 08:16:53 AM

Kudos to HaoBTC for transparency on their HashEX hosted bitcoin mining. As an experiment I bought 1 TH/s hosted bitcoin mining both at HaoBTC and ViaBTC. ViaBTC charges 0.21 bitcoin per TH/s rather than 0.20 at HaoBTC but daily returns are very slightly higher at ViaBTC, on the order of .00005 per day, a few cents more in profit per day.
Have you calculated how much time/day it will take for you to get your initial investment back? I think it will be more than year if difficult doesn't get skyrocketed in next 12 month.


E.g., if Alice buys 1000T of 150W/T Hashrate on 23 Nov. 2016, then on 24 Nov. 2016 she would have 0.87665 BTC mined. After deduction of electricity cost, she will have 0.65722  BTC received.
If Bob buys 1000T of 150W/T Hashrate on 23 Nov. 2016, then on 24 Nov. 2016 he would have 0.87665 BTC mined. After deduction of electricity cost, he will have 0.43779 BTC received.

I think there is typo here, If bob buys 1000 t of 300W/T hashrate should be there in place of If Bob buys 1000T of 150W/T Hashrate

Thank you! That's a typo.

Bixin!
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December 07, 2016, 05:32:48 PM

now i moved about 1,22 BTC from my Walled to HAObtc.
Now iam getting about ~140 Satoshi /hour  as a dividente its better than nothing .
On my old walled i had more than 1 btc over one year and got non profit here on hao i get a samll profit.
its low but better than nothing !



kind regards

140x 24 = 3360 x 465 = +- 0.01btc / year.
That is a little under 1 %. Better then nothing I suppose.

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December 09, 2016, 03:08:12 AM

Japanese media Asahi made a short video about our mining farms and interviewed HaoBTC CEO Wu Gang.

ビットコイン「採掘」中国が存在感 取引網支配懸念も
http://www.asahi.com/articles/ASJD6573VJD6UHBI01T.html

Bixin!
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December 09, 2016, 08:34:15 PM

now i moved about 1,22 BTC from my Walled to HAObtc.
Now iam getting about ~140 Satoshi /hour  as a dividente its better than nothing .
On my old walled i had more than 1 btc over one year and got non profit here on hao i get a samll profit.
its low but better than nothing !



kind regards

140x 24 = 3360 x 465 = +- 0.01btc / year.
That is a little under 1 %. Better then nothing I suppose.

yes its much better  than i got on my old walled it was nothing now i have almost 2 BTC on HAOBTC !

now its  217x 24 = 5208 x 365 = 1900920 Satoshi /year

your math is a bit wrong you saf a year is x465  Huh i think its 365 Cheesy


but its much better than nothing !!


thanks to HAO !



kind regards

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December 09, 2016, 11:15:45 PM

Much better than nothing for sure!  Especially considering when I first deposited with HaoBTC bitcoin was valued at under $200/coin.  Now getting close to $800 and every satoshi adds up.
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December 12, 2016, 02:35:23 AM


yes its much better  than i got on my old walled it was nothing now i have almost 2 BTC on HAOBTC !

now its  217x 24 = 5208 x 365 = 1900920 Satoshi /year

your math is a bit wrong you saf a year is x465  Huh i think its 365 Cheesy


but its much better than nothing !!


thanks to HAO !



kind regards

Thank you!

Bixin!
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December 12, 2016, 04:14:17 AM

Are there any plans to remove that fees for smaller withdrawals at some point, such that the site can be used as a wallet again? Forgot the minimum for no withdrawals but it was like 0.01? Ask because many are leaving coinbase, and may use this as a way to store coins as a hot wallet system.


 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 




















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Seems I deinvested all my btc :(


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December 12, 2016, 05:48:44 AM

they once said anything over 1 btc would have no fees, they were wrong...

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December 12, 2016, 07:04:15 AM

they once said anything over 1 btc would have no fees, they were wrong...

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Wait, there are fees even if you're sending 1 BTC+ now? If so, that largely kills the point of using the wallet over another party that doesn't even pay interest.


 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 




















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Seems I deinvested all my btc :(


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December 12, 2016, 06:57:03 PM

yep, i withdrew my 1.02 btc to my coinbase wallet and had to pay .0005 btc fee. Eric said awhile back on here if you withdraw anything over 1 btc they would wave the fees.

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