HASHNEST Discussion and Support Thread

[chmick]

if btc prize is continue as now or going down all cloud mining services will close
because it's not pfofitable for user or cloud mining server
today cex stoped.. in next they other farm will follow cex..

but with cex closing down we should see difficulty decrease due to the hashpower removed, no ??
if diff decrease it's more earnings for the other ??

[1714656243]

1714656243

[rausvi15]

Bitmain is still selling Theis Hardware and id.....s  buying them...

[DARKANGEL6415]

I'm glad I got out of Hashnest about 6 weeks ago with a tidy profit. I saw the collapse of cloudmining coming but it arrived even sooner than I thought it would... PBMining, Cointerra, CEX and soon, Hashnest.

it is horrible this price of bitcoin is killing everything so hardcore, i wish people would turn off the old miners and let hashrate drop some. I know one of my friends sons has like 40 jalapenos running still because he gets free power in the college house he lives in, now i wonder how many other people are like him

[DARKANGEL6415]

I'm glad I got out of Hashnest about 6 weeks ago with a tidy profit. I saw the collapse of cloudmining coming but it arrived even sooner than I thought it would... PBMining, Cointerra, CEX and soon, Hashnest.

Cloud mining service has its end written in the contract. But the drawdown of the bitcoin exchange rate make it faster than expected. And the speculative market and the greedy of the cloud mining service providers stop the price of contract goes down. As the cloud mining contract buyers cannot get the contract at a low enough price, usually the investors who hold the contract in long term cannot get profitable.

Buy a cloud mining contract at reasonable price (very important) from reliable provider will still be a choice of Bitcoin investment.

i see what you are saying and it does have its merrits, and all cloud mining well most say will end at some time well except cex.io they say it is for lifetime as long as it is still making profit that is. Maybe if some of this cloud companies that are selling bitcoin so low to fill sell / buy orders instead of pushing up little bit higher at a time will be good for price

[im0rtel]

hashnest is down ...

[DARKANGEL6415]

hashnest is down ...

It'll be back up, they added hashnest s4 to their store. I assume it's all an update.

i do not see any s4 on the market place 

[DARKANGEL6415]

hashnest is down ...

It'll be back up, they added hashnest s4 to their store. I assume it's all an update.

i do not see any s4 on the market place  

https://bitmaintech.com/productDetail.htm?pid=00020150113072354545V0QVLrSw06A5

"HASHNEST is very proud to announce its ANTMINER S4 Market – Purchase S4, Convert it to Hashrate, and mine at Antpool, which will be online at 10:00am on Jan.14th, 2015 (GMT+8 Time Zone). S4 Market will open a total of 2200TH/s generated by 1100 units of S4 while consuming 0.7W per GH/s.
BITMAIN will cover the downtime loss, providing 100% hashing function guaranteed. Payout is based on the PPLNS mode of Antpool, which is subject to its pool luck. Even if ANTMINER S4 you bought fails indeed, HASHNEST would automatically compensate the mining loss to your account based on the hashing power you bought.
"

MMMM i read this and i dont know might be me being off but this makes it seem like they only going to sale the whole unit. Is this true or are they going to use it for their cloud services as well for normal customers like they got umisoo and s2 and s3 right now on the market place?

[cakir]

I can't access to the hashnest.com
What's wrong?

[DARKANGEL6415]

hashnest is down ...

It'll be back up, they added hashnest s4 to their store. I assume it's all an update.

i do not see any s4 on the market place  

https://bitmaintech.com/productDetail.htm?pid=00020150113072354545V0QVLrSw06A5

"HASHNEST is very proud to announce its ANTMINER S4 Market – Purchase S4, Convert it to Hashrate, and mine at Antpool, which will be online at 10:00am on Jan.14th, 2015 (GMT+8 Time Zone). S4 Market will open a total of 2200TH/s generated by 1100 units of S4 while consuming 0.7W per GH/s.
BITMAIN will cover the downtime loss, providing 100% hashing function guaranteed. Payout is based on the PPLNS mode of Antpool, which is subject to its pool luck. Even if ANTMINER S4 you bought fails indeed, HASHNEST would automatically compensate the mining loss to your account based on the hashing power you bought.
"

MMMM i read this and i dont know might be me being off but this makes it seem like they only going to sale the whole unit. Is this true or are they going to use it for their cloud services as well for normal customers like they got umisoo and s2 and s3 right now on the market place?

Isn't that how S2 and S3 got on there? People bought whole units sold the hashes on the market at an increase and made profit while buyers could buy independent gh?

lol i really dont know if that is how it goes does that mean, i can buy s4 units have them there at hashnest and then sell part of ghs to people on market is this correct?

[HorseRider]

lol i really dont know if that is how it goes does that mean, i can buy s4 units have them there at hashnest and then sell part of ghs to people on market is this correct?

Yes.

[chunkyjunkie]

Sounds like they are going to do it exactly like they did the s3.  You buy a unit and select umisoo.  

They then credit your account with however many ghs that unit has. s4 are about 2 th per unit?  They also say can take 72 hours to get it converted.

Just remember the stats they gave are not too much better then the s3 units..  S4 Market will open a total of 2200TH/s generated by 1100 units of S4 while consuming 0.7W per GH/s.

The s3 units were .8w I think.


Anyways, those units will probably be way overpriced but the risk of them going offline will be a lot less short term.   If btc/usd drops where it makes everything but the latest s5 units obsolete, difficulty is going to plummet.  The amount of usd you get per btc will be a lot lower but when the difficulty adjusts, and all old equipment goes offline, you will make more btc per unit of hashing power.

[pumawolf]

how much longer guys?

did they even make an annoucement , they were going off line.

[ajw7989]

Still offline this is kind of ridiculous at least make a public announcement if you will be down this long.

[Wings1987]

It has been up for me this whole time.

Where are you guys located?

[pumawolf]

what price is umisoo trading at right now

[chunkyjunkie]

Been up for me the whole time as well.

That is too bad you can't get in Umisoo is at .0002.  I guess people forget they can get units shipped to them for the price of shipping per 1TH.

That is .20 btc per s2 or roughly 44+ shipping.  A lot of places in the world will be able to use those units with cheap electric.

That is if you are thinking there is no way btc goes back above 220 it is trading out now.

IMO it is pretty much free money to be buying now.  Worst case is you get s2 units for about 200 or less total.  Best case BTC recovers, if you look at the btc orderbooks on every major exchange there is hardly anything left on the asks.  

They didn't fill in behind on the way down, paper thin means most likely btc/usd recovers at least to 250.00 range and at .0002 per ghs it is a steal.  Like I said worse case is you get some s2 units you can resell or wait and see if btc recovers.

Edit- I am in the US also and it has hashnest is still up, hasn't gone down.  I would check those websites that tell you if the site is down or is it you.  Google search is it down or me.

[pumawolf]

it says down for everyone when i check.dam it u guys get to make the first move, im jealous.

[chunkyjunkie]

Yeah I just got a bunch of units for .0002.  That is the way I am looking at it, where I live I would still run these.

If the btc price goes back up or if difficulty drops ( I think it drops at least 10% next adjustment ) it is free money.

But don't worry some people that are in a panic and don't understand are still selling at .0002 so you will probably have time.

GL

[ajw7989]

Been up for me the whole time as well.

That is too bad you can't get in Umisoo is at .0002.  I guess people forget they can get units shipped to them for the price of shipping per 1TH.

That is .20 btc per s2 or roughly 44+ shipping.  A lot of places in the world will be able to use those units with cheap electric.

That is if you are thinking there is no way btc goes back above 220 it is trading out now.

IMO it is pretty much free money to be buying now.  Worst case is you get s2 units for about 200 or less total.  Best case BTC recovers, if you look at the btc orderbooks on every major exchange there is hardly anything left on the asks.  

They didn't fill in behind on the way down, paper thin means most likely btc/usd recovers at least to 250.00 range and at .0002 per ghs it is a steal.  Like I said worse case is you get some s2 units you can resell or wait and see if btc recovers.

Edit- I am in the US also and it has hashnest is still up, hasn't gone down.  I would check those websites that tell you if the site is down or is it you.  Google search is it down or me.

where is the option to have the miner shipped? Did not know that

[pumawolf]

its back boyz, but the market is fuked.  which means i should load up ahahah.  lets do this chunky