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DARKANGEL6415
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September 07, 2014, 03:05:41 PM |
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So many things to condiser i still want to be able to buy fractional GHS like cex.io. Maybe they need a solar farm to create like 50,000 watts of solar power lol im sure that would make prices better and everyone would be like oh look lets buy from them they are enviromental company  |
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alani123
Legendary
 Offline
Activity: 2394
Merit: 1416
Leading Crypto Sports Betting & Casino Platform
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September 07, 2014, 04:07:27 PM |
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So many things to condiser i still want to be able to buy fractional GHS like cex.io. Maybe they need a solar farm to create like 50,000 watts of solar power lol im sure that would make prices better and everyone would be like oh look lets buy from them they are enviromental company Solar power plants are also an investment. They are really expensive, need maintenance, the installation is tough and also you need to own property to put them on. Not every surface will do. While in the longterm they can be proven great, you'd need a couple of years or so to save the money you spent on them. Maybe that's not the best thing for bitcoin mining since the rewards get smaller by time. |
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aasl
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September 07, 2014, 04:40:14 PM |
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omg. the 15min value is always 0.909 of that in 5s. Definitely it is not the real-time value of the mining power... hashnest is faking the displayed value...
What are you even talking about? It's always different for me. my meaning is: suppose your 5min hashrate is 1, then hashnest generate the income table like this: 5m 15m 1h 1d 1 0.909847032 0.954159586 1.012581855 I use the data in previous posts as well as mine, all fit in perfectly... The mining profit should fluctuate, not like shown in the above table... |
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DARKANGEL6415
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September 07, 2014, 05:15:33 PM |
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So many things to condiser i still want to be able to buy fractional GHS like cex.io. Maybe they need a solar farm to create like 50,000 watts of solar power lol im sure that would make prices better and everyone would be like oh look lets buy from them they are enviromental company Solar power plants are also an investment. They are really expensive, need maintenance, the installation is tough and also you need to own property to put them on. Not every surface will do. While in the longterm they can be proven great, you'd need a couple of years or so to save the money you spent on them. Maybe that's not the best thing for bitcoin mining since the rewards get smaller by time. That is well said i agree i myself live in USA Midwest area. We had solar panels installed in our home about 3,000 watts free power about 15 hours a day direct and like another 3 hours off the battery backup reserve. Before they was installed we paid about $300 a month for 3,200 KWH since we always have central Air on to like 69 degrees and also my mining on small scale. Now our light bill is around $70 a month nothing has changed in our power usage except we not have solar pannels we bought 80% was paid for by goverment credits for clean energy. We plan on adding another 2,000 - 3,000 watt pannels since we got roof top space left lol and we also have land live on 3 acree area. |
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zdaz14
Newbie
Offline
Activity: 42
Merit: 0
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September 07, 2014, 05:18:10 PM |
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So many things to condiser i still want to be able to buy fractional GHS like cex.io. Maybe they need a solar farm to create like 50,000 watts of solar power lol im sure that would make prices better and everyone would be like oh look lets buy from them they are enviromental company Solar power plants are also an investment. They are really expensive, need maintenance, the installation is tough and also you need to own property to put them on. Not every surface will do. While in the longterm they can be proven great, you'd need a couple of years or so to save the money you spent on them. Maybe that's not the best thing for bitcoin mining since the rewards get smaller by time. That is well said i agree i myself live in USA Midwest area. We had solar panels installed in our home about 3,000 watts free power about 15 hours a day direct and like another 3 hours off the battery backup reserve. Before they was installed we paid about $300 a month for 3,200 KWH since we always have central Air on to like 69 degrees and also my mining on small scale. Now our light bill is around $70 a month nothing has changed in our power usage except we not have solar pannels we bought 80% was paid for by goverment credits for clean energy. We plan on adding another 2,000 - 3,000 watt pannels since we got roof top space left lol and we also have land live on 3 acree area. Interested in solar panels myself. What was the initial cost/where did you get them from? |
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DARKANGEL6415
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September 07, 2014, 05:36:40 PM |
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So many things to condiser i still want to be able to buy fractional GHS like cex.io. Maybe they need a solar farm to create like 50,000 watts of solar power lol im sure that would make prices better and everyone would be like oh look lets buy from them they are enviromental company Solar power plants are also an investment. They are really expensive, need maintenance, the installation is tough and also you need to own property to put them on. Not every surface will do. While in the longterm they can be proven great, you'd need a couple of years or so to save the money you spent on them. Maybe that's not the best thing for bitcoin mining since the rewards get smaller by time. That is well said i agree i myself live in USA Midwest area. We had solar panels installed in our home about 3,000 watts free power about 15 hours a day direct and like another 3 hours off the battery backup reserve. Before they was installed we paid about $300 a month for 3,200 KWH since we always have central Air on to like 69 degrees and also my mining on small scale. Now our light bill is around $70 a month nothing has changed in our power usage except we not have solar pannels we bought 80% was paid for by goverment credits for clean energy. We plan on adding another 2,000 - 3,000 watt pannels since we got roof top space left lol and we also have land live on 3 acree area. Interested in solar panels myself. What was the initial cost/where did you get them from? this is where i got my system from i paid just like $2,500 out of my pocket few years ago. http://www.wholesalesolar.com/specials.html |
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newguy05
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September 07, 2014, 05:55:37 PM |
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Think of the structure like this: they are asking you to purchase an S2 for 1.35BTC and then charging you $98 a month to host it. Run that through any calculator out there and you'll find the difficulty increases need to be lower than 5% for you to even break even.
yeah this is crazy....only way you will ROI on this is flip the shares to the next sucker in line once they open up trading, it's a game of musical chairs. |
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dexu
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September 07, 2014, 05:57:55 PM |
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Fee is 6.12%, good job HASHNEST ! Thanx !  |
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newguy05
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September 07, 2014, 06:06:12 PM |
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Fee is 6.12%, good job HASHNEST ! Thanx ! wait i am confused, i swear i saw 36% as fees, how is it 6% now?  |
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dexu
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September 07, 2014, 06:09:54 PM |
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Epoch
Legendary
Offline
Activity: 922
Merit: 1003
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September 07, 2014, 06:12:33 PM |
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Fee is 6.12%, good job HASHNEST ! Thanx ! wait i am confused, i swear i saw 36% as fees, how is it 6% now? Their calculation is wrong. It says 6% fees but in reality it is 36% (as before). 1TH/s will earn ~$10/day. They are charging $3.24 per day for maintenance. Thus, ~36% fees. The 6% they are showing on the website is a mistake. |
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aasl
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September 07, 2014, 06:59:03 PM |
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Fee is 6.12%, good job HASHNEST ! Thanx ! wait i am confused, i swear i saw 36% as fees, how is it 6% now? Their calculation is wrong. It says 6% fees but in reality it is 36% (as before). 1TH/s will earn ~$10/day. They are charging $3.24 per day for maintenance. Thus, ~36% fees. The 6% they are showing on the website is a mistake. the webpage updated. listed fee changes from 36% to 6%! Based on my last payment, the fee is 37%! I do not think 6% is correct. No current miners is that power-efficient. |
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newguy05
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September 07, 2014, 07:20:44 PM |
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wow they need to fix that asap, this is borderline fraud
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dexu
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September 07, 2014, 07:39:03 PM |
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oww, that's suck !
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ajw7989
Legendary
Offline
Activity: 924
Merit: 1000
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September 07, 2014, 08:38:23 PM |
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6% would be amazing but all companies take about 35% or more so far in terms of cloud mining so the price is about on par. But I agree they should change it since it can be misleading. Although I doubt it is intentional since they are not natively English
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DARKANGEL6415
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September 07, 2014, 10:34:07 PM |
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IF they only charged 6% maint heck even 18% they would sell out so fast i dont think people would have a chance to reach apart from a few big players. They would then be able to get more equipment for more power. If i was them i would also consider opening a datacenter here in the USA like Washington state i think companies there pay like $0.05 per KWH. They have amongst the cheapest power since it is renewable green energy i think its hydo power.
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ajw7989
Legendary
Offline
Activity: 924
Merit: 1000
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September 07, 2014, 11:43:10 PM |
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IF they only charged 6% maint heck even 18% they would sell out so fast i dont think people would have a chance to reach apart from a few big players. They would then be able to get more equipment for more power. If i was them i would also consider opening a datacenter here in the USA like Washington state i think companies there pay like $0.05 per KWH. They have amongst the cheapest power since it is renewable green energy i think its hydo power.
Keep in mind I am sure only a portion of it is for electric (30-40% of the fees or so?) and a huge chunk is for maintenance, cooling, rent, overhead, etc. If you look at pictures of BITMAIN's warehouses they have about 4 of them and they are huge. I am sure they are not paying too high of an electric rate. Besides I am sure they are pocketing at least a small portion of the maintenance fee since the site has no transactions fees or anything. Otherwise it would not make sense for them to cloud mine when they can just sell equipment since they are frequently sold out of batches. |
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DARKANGEL6415
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September 08, 2014, 06:50:13 AM |
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When does the service make payouts it has been 24 hours and i dont think i have got a payout. Just shows a positive balance in " unassigned " section " they need to fix payouts to be live like cex.io gives you updates each time a block is found and what reward you can expect... well before fees. This service site has potential to become competitor to cex.io if they fix several things. 1 allow purchase of partial GHS 2. Allow people to be able to create vouchers so we can gift them to people or be able to buy or sell like on ebay or amazon 3. give live updates of what balance of BTC is 4. fix forum to where english actually means english and not people habing to use google translate. 5. offer a refferal program like cex.io gives 3% bonus on people we reffer and the GHS they buy. 6. fix the miner reporting status when i have 100 GHS i dont want to see in stats 70 GHS for 30 hours, that make me and other people mad and will just go back to cex.io
IF anyone else can think of other things that can be fixed feel free to add it on MAYBE someone from PR for company will see this and take action in right direction
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andy75
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September 08, 2014, 07:54:50 AM |
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Help needed from support. yesterday unassigned earnings did not get into my wallet. today about an hour ago my unassigned earnings decreased from 0.004 + to 0.002 + . i have check both wallet and transactions , nothing there. my user account on hashnet is : vds75 need you help support thank you |
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dexu
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September 08, 2014, 10:17:45 AM |
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Try this https://www.hashnest.com/services?status=1 open a ticket. Help needed from support. yesterday unassigned earnings did not get into my wallet. today about an hour ago my unassigned earnings decreased from 0.004 + to 0.002 + . i have check both wallet and transactions , nothing there. my user account on hashnet is : vds75 need you help support thank you |
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