HASHNEST Discussion and Support Thread

[akustik]

in one Hand :

If you look at the graph on bitcoinwisdom , there is a probability BTC goes up .

but on the other hand the diff is going up by 4.8 %  and we only have 7 % of the global mining power : https://blockchain.info/pools?timespan=24hrs

by the way what could be the 33 % unknown ??

it means umisso will not better then now
should we sell them?

[1714637896]

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[chmick]

That explains why the luck factor is bad. The unknown could be private miners and maybe some of the mining companies that don't want to be known anymore aka cex or josh's gawminers both which froze user mining power

Talking about gaw, I saw the drop of paycoin due to delay in honor program :  any news about their SEC inquiries or validation ?

[msarro]

That explains why the luck factor is bad. The unknown could be private miners and maybe some of the mining companies that don't want to be known anymore aka cex or josh's gawminers both which froze user mining power

Talking about gaw, I saw the drop of paycoin due to delay in honor program :  any news about their SEC inquiries or validation ?

They're a slowly imploding ponzi imo.

Folks were saying that miners still show numbers changing, which leaves 3 possibilities -

-GAW has commandeered the hashrate of their users to stay solvent (theft)
-GAW was never mining and was just playing the ponzi game, and reported numbers were just RNG (securities fraud)
-GAW was mining, but reported numbers were just RNG (not really illegal, just shady as fuck)

Either way, they are breaching their TOS by cancelling cloud mining.

Add to the fact that as soon as bitmain confirmed the sale of several PH to GAW, a bunch of S4's showed up for sale at http://oneminer.com/ (another GAW property), I'm thinking they were never really mining and the photos they were showing off were from inside a business partner's facility.

Bitmain verified hardware was ordered, but that doesn't mean it was ever racked and stacked. According to suchmoon some of the hardware purchased from oneminer had non-default info so it MAY have been powered on and configured at some point. I don't think anyone really knows.

There's a massive thread going over the whole GAW thing at https://bitcointalk.org/index.php?topic=857670.19960 and http://forum.gethashing.com/t/xpy-paycoin-discussion/

[chmick]

There's a massive thread going over the whole GAW thing at https://bitcointalk.org/index.php?topic=857670.19960 and http://forum.gethashing.com/t/xpy-paycoin-discussion/

I knew about https://bitcointalk.org/index.php?topic=857670.19960 but i stopped reading it (to much useless posts ) Anyway thanks for the other link. I read a few posts and it seems everybody now realize Garza is a fraud .

Back to the real thing : strange btc is going down ,diff is going up but UMISSO price is going up . Did I miss something ?

[msarro]

There's a massive thread going over the whole GAW thing at https://bitcointalk.org/index.php?topic=857670.19960 and http://forum.gethashing.com/t/xpy-paycoin-discussion/

I knew about https://bitcointalk.org/index.php?topic=857670.19960 but i stopped reading it (to much useless posts ) Anyway thanks for the other link. I read a few posts and it seems everybody now realize Garza is a fraud .

Back to the real thing : strange btc is going down ,diff is going up but UMISSO price is going up . Did I miss something ?

Folks are rolling the dice that BTC prices will go up and UMISOO will go up in value.

It's like a derivative of a derivative market, lol

[chunkyjunkie]

There's a massive thread going over the whole GAW thing at https://bitcointalk.org/index.php?topic=857670.19960 and http://forum.gethashing.com/t/xpy-paycoin-discussion/

I knew about https://bitcointalk.org/index.php?topic=857670.19960 but i stopped reading it (to much useless posts ) Anyway thanks for the other link. I read a few posts and it seems everybody now realize Garza is a fraud .

Back to the real thing : strange btc is going down ,diff is going up but UMISSO price is going up . Did I miss something ?

You didn't miss a thing.  With btc/usd around 220's and an incoming difficulty increase that looks to be well over 5% maybe closer to 10% by the time it adjusts it is not really even a gamble to buy umisoo at this price it is insane to.

You also need to think in terms of how long umisoo will most likely stay valid and if you can mine that amount or more in that time.  The answer for me is a clear no. 

However, if btc climbs to over 250 to about 270 and looks like it has some legs even with the 10% increase it could prolong the life of umisoo enough to possibly make enough on the mining and then the resale.

Here is the biggest problem we are at 220 with a looming 5-10+ % difficulty increase...  If btc/usd drops even a little ( which is clearly not beyond the realm of possibility ) you lose everything.  Now, if umisoo was trading at closer to .0001 then the risk/reward ratio become more acceptable imo.   The risk to what reward with the current price of umisoo is just not there. 

[msarro]

There's a massive thread going over the whole GAW thing at https://bitcointalk.org/index.php?topic=857670.19960 and http://forum.gethashing.com/t/xpy-paycoin-discussion/

I knew about https://bitcointalk.org/index.php?topic=857670.19960 but i stopped reading it (to much useless posts ) Anyway thanks for the other link. I read a few posts and it seems everybody now realize Garza is a fraud .

Back to the real thing : strange btc is going down ,diff is going up but UMISSO price is going up . Did I miss something ?

You didn't miss a thing.  With btc/usd around 220's and an incoming difficulty increase that looks to be well over 5% maybe closer to 10% by the time it adjusts it is not really even a gamble to buy umisoo at this price it is insane to.

You also need to think in terms of how long umisoo will most likely stay valid and if you can mine that amount or more in that time.  The answer for me is a clear no. 

However, if btc climbs to over 250 to about 270 and looks like it has some legs even with the 10% increase it could prolong the life of umisoo enough to possibly make enough on the mining and then the resale.

Here is the biggest problem we are at 220 with a looming 5-10+ % difficulty increase...  If btc/usd drops even a little ( which is clearly not beyond the realm of possibility ) you lose everything.  Now, if umisoo was trading at closer to .0001 then the risk/reward ratio become more acceptable imo.   The risk to what reward with the current price of umisoo is just not there. 

Crap, I just looked at nextdifficulty. I hadn't realized that it was up to a 10% diff increase now. Ouch.
Shit tons of mining hardware must have come online in the past week.

[chunkyjunkie]

It isn't at 10 yet, it currently is at 5, but the trend so far is looking like it is continuing the climb...

Edit it might end up zero or 5 or 10 or 15% nobody knows.. just saying it looks like a a good 5% to me.

[DARKANGEL6415]

Ok Now we are in the same situation of Cex.io, in the last two months, money go down instead of going up.... very very bad bad bad....

Lost 0,00014826 in the last 36 hours, with my 100Ghs with them, nothing because i'm a small fish but bad situation.....

I would probably be a good idea to sell for .0001   

Come on guys the last three days payouts were well above average. We are paying for this now. People are selling cheap again because of one bad day. Good buying opportunity.

I currently have a negative .44 BTC balance so I feel your pain.

lol wow how the hell do you have a negative balance of 0.44 bitcoin on hashnesy that is just beyong crazy, you think they would say hey you hit -0.1 bitcoin we shutting you down

It will come back to positive shortly.

73 TH - calculate the earnings and fees for the bad day yesterday and you will see.

Huge dump in price on Umisoo. I am going to add another 25 TH if possible. Counting on BTC price rebounding nicely. (And truth be told if it tanks we are all screwed anyway) Too much upside potential to not take the risk.

WOW 73th that is crazy i do not even get 5% of that i am so envious of all of you with all this great th amounts of hashing power on hashnest makes me so sad 

[DARKANGEL6415]

There's a massive thread going over the whole GAW thing at https://bitcointalk.org/index.php?topic=857670.19960 and http://forum.gethashing.com/t/xpy-paycoin-discussion/

I knew about https://bitcointalk.org/index.php?topic=857670.19960 but i stopped reading it (to much useless posts ) Anyway thanks for the other link. I read a few posts and it seems everybody now realize Garza is a fraud .

Back to the real thing : strange btc is going down ,diff is going up but UMISSO price is going up . Did I miss something ?

You didn't miss a thing.  With btc/usd around 220's and an incoming difficulty increase that looks to be well over 5% maybe closer to 10% by the time it adjusts it is not really even a gamble to buy umisoo at this price it is insane to.

You also need to think in terms of how long umisoo will most likely stay valid and if you can mine that amount or more in that time.  The answer for me is a clear no. 

However, if btc climbs to over 250 to about 270 and looks like it has some legs even with the 10% increase it could prolong the life of umisoo enough to possibly make enough on the mining and then the resale.

Here is the biggest problem we are at 220 with a looming 5-10+ % difficulty increase...  If btc/usd drops even a little ( which is clearly not beyond the realm of possibility ) you lose everything.  Now, if umisoo was trading at closer to .0001 then the risk/reward ratio become more acceptable imo.   The risk to what reward with the current price of umisoo is just not there. 

Crap, I just looked at nextdifficulty. I hadn't realized that it was up to a 10% diff increase now. Ouch.
Shit tons of mining hardware must have come online in the past week.

it looks like all the people with old school miners are turning them on to stay warm during this cold winter nights we are haveing, guess they figured better to generate heat and some bitcoin. Instead of just heat and pay gas

[msarro]

There's a massive thread going over the whole GAW thing at https://bitcointalk.org/index.php?topic=857670.19960 and http://forum.gethashing.com/t/xpy-paycoin-discussion/

I knew about https://bitcointalk.org/index.php?topic=857670.19960 but i stopped reading it (to much useless posts ) Anyway thanks for the other link. I read a few posts and it seems everybody now realize Garza is a fraud .

Back to the real thing : strange btc is going down ,diff is going up but UMISSO price is going up . Did I miss something ?

You didn't miss a thing.  With btc/usd around 220's and an incoming difficulty increase that looks to be well over 5% maybe closer to 10% by the time it adjusts it is not really even a gamble to buy umisoo at this price it is insane to.

You also need to think in terms of how long umisoo will most likely stay valid and if you can mine that amount or more in that time.  The answer for me is a clear no. 

However, if btc climbs to over 250 to about 270 and looks like it has some legs even with the 10% increase it could prolong the life of umisoo enough to possibly make enough on the mining and then the resale.

Here is the biggest problem we are at 220 with a looming 5-10+ % difficulty increase...  If btc/usd drops even a little ( which is clearly not beyond the realm of possibility ) you lose everything.  Now, if umisoo was trading at closer to .0001 then the risk/reward ratio become more acceptable imo.   The risk to what reward with the current price of umisoo is just not there. 

Crap, I just looked at nextdifficulty. I hadn't realized that it was up to a 10% diff increase now. Ouch.
Shit tons of mining hardware must have come online in the past week.

it looks like all the people with old school miners are turning them on to stay warm during this cold winter nights we are haveing, guess they figured better to generate heat and some bitcoin. Instead of just heat and pay gas

lol, if you have some BFL power supplies and a wood stove, you could always start a fire

[monetizator4]

For what reason I have LTC and DOGE wallets on my Finance/Coin panel?
How can I spend them?

[jawitech]

For what reason I have LTC and DOGE wallets on my Finance/Coin panel?
How can I spend them?

I read somewhere in their forum that they have plans to add an exchange to their site, like Cex.io.

[dr1980m]

For what reason I have LTC and DOGE wallets on my Finance/Coin panel?
How can I spend them?

I read somewhere in their forum that they have plans to add an exchange to their site, like Cex.io.

it will be useful
today trading volume is very low
user prefer watch the prizes..

[matt4054]

Any idea when the AntS5 shares will be on the market?

[msarro]

Any idea when the AntS5 shares will be on the market?

Soon (tm)

[kotwica666]

For what reason I have LTC and DOGE wallets on my Finance/Coin panel?
How can I spend them?

I read somewhere in their forum that they have plans to add an exchange to their site, like Cex.io.

it will be useful
today trading volume is very low
user prefer watch the prizes..

How did you check volume? Is it your observations or there are some charts?

[chmick]

Mining   -   Maintenance Fee : UMISOO Running Time: 6 h 21 m 39 s

is not this a little bit long ??

[msarro]

Mining   -   Maintenance Fee : UMISOO Running Time: 6 h 21 m 39 s

is not this a little bit long ??

Yup, we have had some really crappy blocks lately. It will get better, especially when the S5 farm comes online. Be really careful with umisoo lately. It's cheap but you could get burnt. I moved everything over to S4 personally until S5 comes out and stablizes.

[ajw7989]

Mining   -   Maintenance Fee : UMISOO Running Time: 6 h 21 m 39 s

is not this a little bit long ??

Yup, we have had some really crappy blocks lately. It will get better, especially when the S5 farm comes online. Be really careful with umisoo lately. It's cheap but you could get burnt. I moved everything over to S4 personally until S5 comes out and stablizes.

Its like playing with fire someone is bound to get burned lol. People who bought in at .00014 or around there made some serious money just if they sell. The price went up a bit today so should save us if it stabilizes around here for the next difficulty. After that we need more btc price increases lol