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Author Topic: My pool experience with cloud zenminer dot com new thread old was locked.  (Read 12845 times)
iluvbitcoins
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August 20, 2014, 11:18:49 AM
 #21

More details about ZenPoints please.  Or point us to where it is documented.    Thanks!

only purpose they have is to use them as discounts when purchasing new equipment

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dyask
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August 20, 2014, 12:02:44 PM
 #22

More details about ZenPoints please.  Or point us to where it is documented.    Thanks!

only purpose they have is to use them as discounts when purchasing new equipment
I also found out they are paid as interest in the BTC held in ZenMiner account.   https://hashtalk.org/t/question-about-zenpoints/6059
philipma1957 (OP)
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August 20, 2014, 02:39:25 PM
 #23

More details about ZenPoints please.  Or point us to where it is documented.    Thanks!

only purpose they have is to use them as discounts when purchasing new equipment
I also found out they are paid as interest in the BTC held in ZenMiner account.   https://hashtalk.org/t/question-about-zenpoints/6059


yes  if you hold your btc earned you get more zen point more quickly.

At this point in time I have earned 1.14 btc and 136 zen points

I pull my btc quickly so my zen point grow slowly.

1.14 btc = about 502 usd  I am in for about 1800 usd

 So I don't look to buy right now.  I look to get back more coin

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chunkyjunkie
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August 20, 2014, 04:36:23 PM
 #24

Are we going to be able to buy/sell our hashlets on an open market eventually?  Think they said it is coming soon?

Also makes me wonder if they will lower or raise the 15.99 hashlet price or discontinue direct sales when/if we get an open market?


I am looking forward to the way things are going and just deposited 3.5 btc to get going but would like more information before buying more.

I asked the above question on the zenpool site ( I bought 9 mh before this last deposit )  But no answer on that question.

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philipma1957 (OP)
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August 20, 2014, 07:13:31 PM
 #25

Are we going to be able to buy/sell our hashlets on an open market eventually?  Think they said it is coming soon?

Also makes me wonder if they will lower or raise the 15.99 hashlet price or discontinue direct sales when/if we get an open market?


I am looking forward to the way things are going and just deposited 3.5 btc to get going but would like more information before buying more.

I asked the above question on the zenpool site ( I bought 9 mh before this last deposit )  But no answer on that question.

No one knows for sure how the price will move.   Or if it will trade freely.

but your 3.5 btc should earn zen points    So in theory  if you do nothing but let the 3.5 btc sit you will earn enough to get yourself some free hashlets.

As long as you understand that your method of depositing 3.5 btc  means you are at full risk of losing the btc they are offering zen points at 11% rate yearly.

So if you let the 3.5 btc sit for a tiny bit more then 1 month  you would earn .035btc  worth of zenpoints.

That   may be a way on buying hashlets for free.  Since a bank pays 1% a year if you are lucky to get a good rate and they are paying 1% in 33 days.

High risk to get 11% but you never know.

I may consider putting in btc to collect zenpoints in the future.

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seedtrue
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August 20, 2014, 07:23:33 PM
 #26

If they have an open market(like cex.io) with buyer/seller controlled prices, this would be the best thing that could happen.
philipma1957 (OP)
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August 20, 2014, 09:09:19 PM
 #27

If they have an open market(like cex.io) with buyer/seller controlled prices, this would be the best thing that could happen.

maybe  still taking it slowly but this could be quite a big deal as time goes on.

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chunkyjunkie
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August 20, 2014, 10:18:58 PM
 #28

I am guessing they will stop selling Hashlets directly if/when they give us a free market to buy/sell.   If they do, price should rise at least at first on them since they are a great value currently.


However, I wonder how they would get new hashlets into the market place without hurting their first adopters but providing enough new supply for new customers.


Will be interesting

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dyask
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August 21, 2014, 01:12:49 AM
 #29

I am guessing they will stop selling Hashlets directly if/when they give us a free market to buy/sell.   If they do, price should rise at least at first on them since they are a great value currently.


However, I wonder how they would get new hashlets into the market place without hurting their first adopters but providing enough new supply for new customers.


Will be interesting
They could just keep selling, that would provide either a floor or ceiling for the price.
philipma1957 (OP)
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August 21, 2014, 01:20:34 AM
Last edit: August 21, 2014, 05:22:53 PM by philipma1957
 #30




to trixster67

is this good enough for you?



They are very interesting company with lots of ideas not sure quite how much I want to extend my self investing

into them.


Updates
new earnings posted  I am now at 1.2 btc

I did decide to transfer half my scrypt miners to hashlets.

I now have 37 in hashlets

27mh as a hosted falcon

920gh as  2  hosted antminer s-3's.


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miaviator
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August 21, 2014, 05:46:07 PM
 #31

What's with the anti-escrow stance?

philipma1957 (OP)
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August 21, 2014, 06:37:13 PM
Last edit: August 22, 2014, 05:35:34 AM by philipma1957
 #32

What's with the anti-escrow stance?

 new numbers up for aug 22

I did dozens of btc deals and I did escrow for people on this site a few times.

 I have been robbed by major services like BIPS still waiting on .39btc in coins from them.

This deal was small 1 btc.  I do not do escrow  for small amounts.  500 usd or less 1 btc or less.

If sellers tell me they don't take escrow say canary in the mine for a 1 btc deal  = 1.04 coins

or bitcointech for 2 s-3s'  more then 1.1 coins

or spondoolies for an sp30  more then 7 coins

They do not do escrow for their deals

 I don't do  escrow for mine.  Now they may sound arrogant but I give my real name.  See how many people do that.

 I also keep my deal at low levels 1btc or less.

Now If I sold all my shit on zen cloud  which is 67 mh  and 920 gh  it would be about 3 coins.

 I would not do that with out escrow. I do not ask for people to trust me for more then 1 btc.

I offered a really good deal on for those hashlets  those were the terms.


https://hashtalk.org/t/i-have-35-37-hashlets-to-sell/7213




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iluvbitcoins
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August 22, 2014, 08:52:25 AM
 #33

what's up with my s3s??



bitcoinx.com/profit says average 0.0117 BTC per day o.O

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philipma1957 (OP)
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August 22, 2014, 09:31:27 AM
Last edit: August 22, 2014, 12:35:55 PM by philipma1957
 #34

what's up with my s3s??



bitcoinx.com/profit says average 0.0117 BTC per day o.O

nicehash  has big flux in price the day before did you get .015  to .016 for each?



It is early here in NJ I woke up  with an allergy attack.  I will double check my earnings in a few hours.

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iluvbitcoins
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August 22, 2014, 09:34:39 AM
 #35

what's up with my s3s??



bitcoinx.com/profit says average 0.0117 BTC per day o.O

nicehash  has big flux in price the day before did you get .015 for each?



It is early here in NJ I woke up  with an allergy attack.  I will double check my earnings in a few hours.


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philipma1957 (OP)
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August 22, 2014, 11:50:08 AM
 #36

here is nicehash chart for last 30 days

 so they peaked then dropped.  thus shit payout for yesterday. 

the payout the day before was  0.016  for each of my 2 miners

the payout yesterday was 0.0107 and 0.0104


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philipma1957 (OP)
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August 22, 2014, 12:21:19 PM
Last edit: August 22, 2014, 12:37:36 PM by philipma1957
 #37

this was last night's earnings

for the gridseed-hashlet  so far I owe you .00360773 btc  will combine all and do 1 tx id.


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iluvbitcoins
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August 22, 2014, 02:05:12 PM
 #38

which pool do you recommend?

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philipma1957 (OP)
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August 22, 2014, 02:31:23 PM
 #39

which pool do you recommend?

if you have only the s-3's  nicehash can have large over payments.

then btcguild on principal over cex.io    but that choice means a tiny bit less coin. 

If you have some hashlets the zenpool.


my s=3's are nicehash today.

my hashlets are zenpool

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iluvbitcoins
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August 22, 2014, 03:13:24 PM
 #40

which pool do you recommend?

if you have only the s-3's  nicehash can have large over payments.

then btcguild on principal over cex.io    but that choice means a tiny bit less coin.  

If you have some hashlets the zenpool.


my s=3's are nicehash today.

my hashlets are zenpool

same as mine  Roll Eyes

I have one hashlet [converted the complementary fury] running on zenpool
and just those 2 s3s

I'm leaving today and won't be online for 7 days
So I'm checking the pools since I won't be able to edit the settings for a week Cheesy

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