HASHNEST Discussion and Support Thread

[kyrios_]

Well, any cloud mining operation is a big time risky investment. Not only cause of scam danger but also cause of galloping mining diff and significant price volatility.

Agreed . Waiting for the dust to settle .

I'd think the dust has already settled. The price for s5 has been constant around the .007 to .008 /Gh for the past 3 days. This was the price before the newer batches of s7s were introduced, then went nuts for a while before settling in again. We might not see another price disruption unless newer s7s are introduced one last time.

I'd expect a bit of a constant increase from here in the coming months though.

Constant increase? With BTC price going up as well as 9% diff increasing??? This is never gonna happen.

What's with the sudden increase in difficulty? Is it due to new s7 miner coming online?

[1714982003]

1714982003

[1714982003]

1714982003

[1714982003]

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[PPOC]

Well, any cloud mining operation is a big time risky investment. Not only cause of scam danger but also cause of galloping mining diff and significant price volatility.

Agreed . Waiting for the dust to settle .

I'd think the dust has already settled. The price for s5 has been constant around the .007 to .008 /Gh for the past 3 days. This was the price before the newer batches of s7s were introduced, then went nuts for a while before settling in again. We might not see another price disruption unless newer s7s are introduced one last time.

I'd expect a bit of a constant increase from here in the coming months though.

Constant increase? With BTC price going up as well as 9% diff increasing??? This is never gonna happen.

What's with the sudden increase in difficulty? Is it due to new s7 miner coming online?

Bitmain and others have been turning up hardware and even older hardware that was not economical to run, now is. So I suspect the new S7, Bitfury and Spondoolie have turned up miners. I think the right rate of hash increase will continue and level around 600PH, then a few months of quiet till next gen of chips and next stop 900ph. But again BTC price will determine how fast and slow this happens.

[crazyivan]

Well, any cloud mining operation is a big time risky investment. Not only cause of scam danger but also cause of galloping mining diff and significant price volatility.

Agreed . Waiting for the dust to settle .

I'd think the dust has already settled. The price for s5 has been constant around the .007 to .008 /Gh for the past 3 days. This was the price before the newer batches of s7s were introduced, then went nuts for a while before settling in again. We might not see another price disruption unless newer s7s are introduced one last time.

I'd expect a bit of a constant increase from here in the coming months though.

Constant increase? With BTC price going up as well as 9% diff increasing??? This is never gonna happen.

What's with the sudden increase in difficulty? Is it due to new s7 miner coming online?

Bitmain and others have been turning up hardware and even older hardware that was not economical to run, now is. So I suspect the new S7, Bitfury and Spondoolie have turned up miners. I think the right rate of hash increase will continue and level around 600PH, then a few months of quiet till next gen of chips and next stop 900ph. But again BTC price will determine how fast and slow this happens.

This is probably the reason. Umisoo was turned down but I highly doubt it was scrapped completely. Now, when BTC price inceased a bit, it s been on again in addition to new S7 chips. This is only hashnest, the others probably do the same.

[skuser]

+ brutal variance in the works now

[Amph]

so when the s7 stocks will be available again? and i want to ask why the s7 need 12 days for be deployed vs the s5

it should be available easily already it's not like was launched yesterday....

[kotwica666]

so when the s7 stocks will be available again? and i want to ask why the s7 need 12 days for be deployed vs the s5

it should be available easily already it's not like was launched yesterday....

Let's say that it is a marketing "trick".. or if you want a business strategy.. In other words "time is money"

[philipma1957]

so when the s7 stocks will be available again? and i want to ask why the s7 need 12 days for be deployed vs the s5

it should be available easily already it's not like was launched yesterday....

Let's say that it is a marketing "trick".. or if you want a business strategy.. In other words "time is money"

yeah and i paid them 293 hours ago    my 4860gh is not online

so that is 5 hours late.

the current price for hash is .00140973   x 4860 = 6.8512878 btc  I paid 5.802 btc  so a sale now is about a 1 btc profit.

but my hash is not released.


SO AS FAR AS I AM CONCERNED  THEY ARE ON THE HOOK FOR .00140973 PRICE

Of course as we all know how can I enforce this.  Frankly I can't  but releasing my paid for hash in the promised 288 hours should have been done.

payment was processed 5pm bejing time  it is now 10 pm 5 hour delay

[wlefever]

Mine too was about a 8 hr delay on top of the 288 hr wait time when it was fully processed and started hashing last week.

[philipma1957]

And it is now the 19th in China they are more then 7 hours late for my order.

Price dropped to 0.00139 so the delay may cost me money.

[philipma1957]

It unlocked and I sold quite a bit at .001404 vs .001409

So the delay cost me money.

[wlefever]

It unlocked and I sold quite a bit at .001404 vs .001409

So the delay cost me money.

Tell me about it. When mine came online it had gone from .00168 to .00143 area where its been for the last week.  I held on to all of mine as it looks like with the difficulty increases the money will flow out of S3, S4, and maybe S5 sooner than expected in the next month or so.  That is unless they bring more S7 online which would create another drop, sigh.

[CloudFarm]

Something very strange is happening with the Hashnest in recent days, the site was abandoned, there is no administration, support is away, many glitchers using codes and chat gaps, redirecting access to other sites, and leaving HN inaccessible ...

Very easy to manipulate the market. A single troll (username: ag) using bots and autobuy scripts to freeze all markets and making jokes in chat. I think the hashnest deserves to be investigated more closely by the entire community.  

[PPOC]

Something very strange is happening with the Hashnest in recent days, the site was abandoned, there is no administration, support is away, many glitchers using codes and chat gaps, redirecting access to other sites, and leaving HN inaccessible ...

Very easy to manipulate the market. A single troll (username: ag) is using bots and autobuy scripts to freeze all markets and making jokes in chat. I think the hashnest deserves to be investigated more closely by the entire community. 

I have seen that also, been on the chat for 2 months and saw him testing his bots last month. He actually sells the bots and support for them. Hash nest also limited the view on the bid & ask to 40 orders. The bots fill all 40 with penny bids and you can't see the real mkt. HN needs to limit API use or charge for API use, also needs to limit to 5-10 open orders per account. A real user has no need to more then that, otherwise the  bots take over the mkt and makes trading there impossible.

[CloudFarm]

Something very strange is happening with the Hashnest in recent days, the site was abandoned, there is no administration, support is away, many glitchers using codes and chat gaps, redirecting access to other sites, and leaving HN inaccessible ...

Very easy to manipulate the market. A single troll (username: ag) using bots and autobuy scripts to freeze all markets and making jokes in chat. I think the hashnest deserves to be investigated more closely by the entire community.  

I have seen that also, been on the chat for 2 months and saw him testing his bots last month. He actually sells the bots and support for them. Hash nest also limited the view on the bid & ask to 40 orders. The bots fill all 40 with penny bids and you can't see the real mkt. HN needs to limit API use or charge for API use, also needs to limit to 5-10 open orders per account. A real user has no need to more then that, otherwise the  bots take over the mkt and makes trading there impossible.

I agree.
They need allow viewing of all bids / offers, per page and limit the number of offers per user.

All of this affects the credibility and popularity. The bug chat system allowed redirection and scared some users, made some people withdraw investments. Who will believe in security of a service that has no monitoring ur own site?

[Nameless Coin]

I got over tickets which are months old, wrong payouts regarding calculation of fees, no payouts etc. etc.

But there is no sign of support. They just don't give a damn about their users. Even with 60TH S5, they think you are a small client, and are entitlted to.. no support.

Really pathetic how hashnest conducts their business.

[Amph]

Something very strange is happening with the Hashnest in recent days, the site was abandoned, there is no administration, support is away, many glitchers using codes and chat gaps, redirecting access to other sites, and leaving HN inaccessible ...

Very easy to manipulate the market. A single troll (username: ag) is using bots and autobuy scripts to freeze all markets and making jokes in chat. I think the hashnest deserves to be investigated more closely by the entire community. 

that's bad, is the legitimacy of this website falling apart or what? they are among the few trusted website, but if they start to act like this, i'm seriously worried that the whole cloud thing is fucked beyond repair

[VerticalRush]

Something very strange is happening with the Hashnest in recent days, the site was abandoned, there is no administration, support is away, many glitchers using codes and chat gaps, redirecting access to other sites, and leaving HN inaccessible ...

Very easy to manipulate the market. A single troll (username: ag) is using bots and autobuy scripts to freeze all markets and making jokes in chat. I think the hashnest deserves to be investigated more closely by the entire community. 

that's bad, is the legitimacy of this website falling apart or what? they are among the few trusted website, but if they start to act like this, i'm seriously worried that the whole cloud thing is fucked beyond repair

There's a few posts popping up the last few days about people having withdrawals not going out and the like, their support seems to be pretty non-existent...

[HN-AG]

Something very strange is happening with the Hashnest in recent days, the site was abandoned, there is no administration, support is away, many glitchers using codes and chat gaps, redirecting access to other sites, and leaving HN inaccessible ...

Very easy to manipulate the market. A single troll (username: ag) is using bots and autobuy scripts to freeze all markets and making jokes in chat. I think the hashnest deserves to be investigated more closely by the entire community.  

I have seen that also, been on the chat for 2 months and saw him testing his bots last month. He actually sells the bots and support for them. Hash nest also limited the view on the bid & ask to 40 orders. The bots fill all 40 with penny bids and you can't see the real mkt. HN needs to limit API use or charge for API use, also needs to limit to 5-10 open orders per account. A real user has no need to more then that, otherwise the  bots take over the mkt and makes trading there impossible.

lmao, I made it onto bitcointalk!

Support has been non-existent, for months, I have a ticket still open since March, even the ticket where I reported the chat glitches is still open!

The redirects have all been fixed (Basic HTML meta refresh tag in username and <video> tags in chatbox), luckily these were all reported to bitmain (by myself and No203) and were fixed before some malicious scammer found out who could of redirected it to a phishing site or other malicious sites. I believe No203 redirected everyone to stop any scammer doing it before it was fixed.

As for the bot, it is open-source created by a different user (billalberts) - Github link of where I forked it: https://github.com/HN-AG - billalberts removed his original repo on github so he could sell the bot, and offer paid support - http://talk.nvest.tech/ so don't accuse me of selling the bot/support for it, I offer no support for the bot!

My bot is just a heavily modified version of this code, Hashnest have no rules about using bots, the sole purpose of the Trade API is for bot use isn't it? I do find it rather funny though, there were loads of people sucking up to billalberts to get his bot because they wanted to use it. When someone does use a bot you get moaning plebs complaining about the bots, they are probably the same people who were sucking upto billalberts in the first place!

Limiting accounts to 5-10 open orders per account won't sort it out, its rather easy to use 8 accounts and change API key & Secret every 5-10orders, Hashnest need to revert their decision on the limit for the order books. Bots will always exist while there is a trade api, the 40 penny bids is abit too much so I have actually reduced that now  

BTW you don't need to place loads of penny bids to actually freeze the market (cross the orderbooks). This can be achieved with just 1GHS and less than 0.002BTC!

[LuckyYOU]

Something very strange is happening with the Hashnest in recent days, the site was abandoned, there is no administration, support is away, many glitchers using codes and chat gaps, redirecting access to other sites, and leaving HN inaccessible ...

Very easy to manipulate the market. A single troll (username: ag) is using bots and autobuy scripts to freeze all markets and making jokes in chat. I think the hashnest deserves to be investigated more closely by the entire community. 

that's bad, is the legitimacy of this website falling apart or what? they are among the few trusted website, but if they start to act like this, i'm seriously worried that the whole cloud thing is fucked beyond repair

I think it is failing apart.
WIth BTC at 250 USD the cost of S5 was 1.3BTC per 1 TH.

With BTC at 330 USD the cost of the same 1TH is 0.66 BTC

This decline is because people are selling out, because they are tired of this bad support (read no support).

[Nameless Coin]

Something very strange is happening with the Hashnest in recent days, the site was abandoned, there is no administration, support is away, many glitchers using codes and chat gaps, redirecting access to other sites, and leaving HN inaccessible ...

Very easy to manipulate the market. A single troll (username: ag) is using bots and autobuy scripts to freeze all markets and making jokes in chat. I think the hashnest deserves to be investigated more closely by the entire community. 

that's bad, is the legitimacy of this website falling apart or what? they are among the few trusted website, but if they start to act like this, i'm seriously worried that the whole cloud thing is fucked beyond repair

I think it is failing apart.
WIth BTC at 250 USD the cost of S5 was 1.3BTC per 1 TH.

With BTC at 330 USD the cost of the same 1TH is 0.66 BTC

This decline is because people are selling out, because they are tired of this bad support (read no support).

The amount of unanswered tickets is stacking up there. I think it is becoming a ghost town on hashnest.

Why should they care about support right, they already made their money by selling the hash. Giving support only cost money..