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September 19, 2015, 11:25:19 PM
 #61
You can buy S5 hashing power at Hashnest for $0.20 per GH/s right now and daily maintenance fee is $0.0012. Maintenance fee is same as Genesis Mining but cost per GH/s is half. That is somewhat of a bargain.

S5 price is depressed because S7 hashing power will be traded about October 10 and the daily maintenance fee will only be $0.00058 per GH/s or half of S5 or best Genesis Mining has to offer. If you are considering buying cloud mining once S7 starts trading and we know what owners are willing to sell for it will be possible to make the call on whether S5 or S7 is the better deal. One thing we know for sure is that Genesis Mining has nothing to compete.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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September 20, 2015, 12:12:01 AM
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Quote from: Abiky on September 19, 2015, 10:48:28 PM

Hmm. Something about this doesn't seem right. Decreasing maintenance fees looks fishy to me, unless they're paying less or no electricity at all.


 S7 uses half the electric (appx.) per GHS that a S5 does.
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