musicmeetstheblockchain
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Blockchain Applications For The Real World
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October 13, 2015, 11:58:05 AM |
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Do you think that if Mining Sweden upgrades to S7s, that it will positively affect those who have already bought mining power - or that it will be offered as "unique" mining packs in the shop?
how will it positively impact you? More miners means the difficulty will go up, making the miners you "own" worth less. They will "sell" those miners to other people which will give you a smaller percentage of the total hashpower. It was a stupid question, but I was wondering if they would shut down the old miners and transfer the contracts to the S7s - I guess not It would make sense to continue with the S5's whilst they remain profitable then offer big discounts to existing contract holders on the S7's once their 12 months is up. Not sure how this would affect recent purchasers of hash power. MS don't seem to have the unprofitability clause like Hashnest.
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musicmeetstheblockchain
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Blockchain Applications For The Real World
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October 22, 2015, 01:57:38 PM |
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Using current prices 1000GH of S7 hash at mining sweden (using promo code) is around 2.92BTC The same on the Hashnest market is around 1.92BTC But with the Mining Sweden packs there is also a profit share (yet to be declared).
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IanFoxley
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October 22, 2015, 05:23:56 PM |
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Using current prices 1000GH of S7 hash at mining sweden (using promo code) is around 2.92BTC The same on the Hashnest market is around 1.92BTC But with the Mining Sweden packs there is also a profit share (yet to be declared).
You also have to take into consideration that the Mining Sweden price includes the electricity and hosting cost for the year so you get a full fat BTC payout each day. Where as the Hashnest price, you are having to pay a daily maintenance fee which is pretty small but still works out at amost 58 US cents a day or 211.5 USD a year. Currently 211.5 USD is around 0.77 BTC, so really after you take that into account, then the MS price is really around 0.3 BTC more expensive currently and yes it is for a year and not lifetime but anyway.. Just throwing that into the mixing pot ..haha
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musicmeetstheblockchain
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Blockchain Applications For The Real World
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October 27, 2015, 01:40:09 PM |
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Using current prices 1000GH of S7 hash at mining sweden (using promo code) is around 2.92BTC The same on the Hashnest market is around 1.92BTC But with the Mining Sweden packs there is also a profit share (yet to be declared).
You also have to take into consideration that the Mining Sweden price includes the electricity and hosting cost for the year so you get a full fat BTC payout each day. Where as the Hashnest price, you are having to pay a daily maintenance fee which is pretty small but still works out at amost 58 US cents a day or 211.5 USD a year. Currently 211.5 USD is around 0.77 BTC, so really after you take that into account, then the MS price is really around 0.3 BTC more expensive currently and yes it is for a year and not lifetime but anyway.. Just throwing that into the mixing pot ..haha Good points. I've been more than happy with the MS service so far and the owner Tommy is very approachable.
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munky666
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November 09, 2015, 03:42:49 PM |
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so. website is offline since when?
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IanFoxley
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November 09, 2015, 06:00:05 PM |
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so. website is offline since when?
I received an email from Tommy about this. His server provider is down so this is why the site is down at the moment.
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Propagandalf
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November 11, 2015, 09:40:29 PM |
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I have bought my self some S7 VIP shares, and so far so good! Tommy is quick off the mark whenever there is an issue.
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Skatter
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November 20, 2015, 10:20:12 PM |
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Whats the payout per gh/s per day for s7 shares. the older model pays 1020sats per gh/s per day which hasnt changed in months
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Zeta0S
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November 21, 2015, 10:32:03 PM |
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Discount Voucher MOON will give you 10% discount om Mining Sweden. Everyone want`s to go to the MOON right!?
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clgrissom3
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Carl, aka Sonny :)
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November 25, 2015, 02:36:10 PM |
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Whats the payout per gh/s per day for s7 shares. the older model pays 1020sats per gh/s per day which hasnt changed in months
It's the same for the S7 shares...
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Paul Revere
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The Scamcoats are coming!
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November 25, 2015, 02:40:25 PM |
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Discount Voucher MOON will give you 10% discount om Mining Sweden. Everyone want`s to go to the MOON right!?
Wrong. I prefer Earth. Have fun on the Moon there fella. Make sure you hold your breath, too.
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All of my posts are simply statements of my own personal opinions based on available information and pondering what might be possible considering human nature, with the goal of finding truth and preventing fraud. Please look at all of the facts and theories and put your thinking cap on to draw your own conclusions. If you feel that I have made a false statement or have been unnecessarily derogatory, I encourage you to please point it out, and if proven correct and/or reasonable I will remedy it. ~ Paul Revere
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LuckyYOU
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November 25, 2015, 09:45:13 PM |
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I heard of them, but I don't use them.
Since they buy small quantities at bitmain, they can't be very competive.
Also, if something happends, i've go to go to sweden...
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Altynbekova
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November 25, 2015, 10:10:15 PM |
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The other day i read a topic of someone who wanted to sell his cloud mining of them. The thread was over a month old and nobody bite.
I guess they are not that popular.
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Raimonn
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November 25, 2015, 10:41:31 PM |
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I received an email from them announcing especial offers on blackfriday. I'm mining with them for some month and all was correct. They have a long Roi, but they are paying without any delay.
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Skatter
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November 28, 2015, 12:55:43 PM |
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if the s7 shares are paying out as the previous s5 where is the logic in that? He is just offering out more GH/s for sale but no return to the consumer
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IanFoxley
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November 28, 2015, 05:46:17 PM |
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if the s7 shares are paying out as the previous s5 where is the logic in that? He is just offering out more GH/s for sale but no return to the consumer
Well just cos you have a newer miner doesnt mean you get different payouts...or is that what you think? If you buy 1TH/s of S5 mining shares from Mining Sweden then you still get the same payout as if you had 1TH/s of S7 mining shares, the difference is the upfront cost because an S7 is cheaper per GH/s to run as when you purchase from Mining Sweden you are paying upfront your electricity cost and hosting costs as well. When you get S7 contracts with Hashnest for example, then the payouts from an S5 will be different because you are having to pay the electricity cost each day from your payout and as the S7 is more power efficient you get more payout, but with Mining Sweden you are always getting a full fat Bitcoin payout each day so this is why the payout you get is the same no matter if you have an S5 or S7.
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IanFoxley
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November 28, 2015, 05:47:26 PM |
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I heard of them, but I don't use them.
Since they buy small quantities at bitmain, they can't be very competive.
Also, if something happends, i've go to go to sweden...
Sure, well as Bitmain is the company making the S5s and S7s, that would make sense. And your thing about having to go to Sweden doesnt make too much sense cos if something happened to hashnest, Bitmain etc, you would have to do what ?? Go to china instead? Not sure what relevance that has about anything.
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wishxy
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March 15, 2016, 01:25:55 AM |
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Any news lately? MS site is seems down?
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IanFoxley
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March 15, 2016, 07:33:18 AM |
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Any news lately? MS site is seems down?
I got an email about the site being down this morning, so check your inbox as you most likely have one too.
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