HASHNEST Discussion and Support Thread

[jt byte]

New difficulty in 16 hours.

Last 504 blocks 0.890 Exahash/s, at the last diff adjustment 0.743

Current estimate +8.92%

Damn, that's a lot man. When the pump started and the price increased, the difficulty increased disproportional.
It is almost like it was planned... by the (...Whales, Bitmain, who else?)

Dec 31 2015   103,880,340,815   11.16%   743,604,444 GH/s
Dec 18 2015   93,448,670,796   18.14%   668,931,642 GH/s
Dec 06 2015   79,102,380,900   8.77%   566,236,898 GH/s
Nov 24 2015   72,722,780,643   10.44%   520,569,941 GH/s
Nov 11 2015   65,848,255,180   5.77%   471,360,171 GH/s

[1714560715]

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[1714560715]

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[galdur]

New difficulty in 16 hours.

Last 504 blocks 0.890 Exahash/s, at the last diff adjustment 0.743

Current estimate +8.92%

Damn, that's a lot man. When the pump started and the price increased, the difficulty increased disproportional.
It is almost like it was planned... by the (...Whales, Bitmain, who else?)

Dec 31 2015   103,880,340,815   11.16%   743,604,444 GH/s
Dec 18 2015   93,448,670,796   18.14%   668,931,642 GH/s
Dec 06 2015   79,102,380,900   8.77%   566,236,898 GH/s
Nov 24 2015   72,722,780,643   10.44%   520,569,941 GH/s
Nov 11 2015   65,848,255,180   5.77%   471,360,171 GH/s

Well yeah, bitcoin started getting lively there in what Sept.-Oct. about the same time that Bitmain started shipping S7 or at least announced it. It came from a bottom in late Aug. if I remember correctly. The Chinese control most mining and most trading so I guess there are some connections.

[chmick]

New difficulty in 16 hours.

Last 504 blocks 0.890 Exahash/s, at the last diff adjustment 0.743

Current estimate +8.92%

Damn, that's a lot man. When the pump started and the price increased, the difficulty increased disproportional.
It is almost like it was planned... by the (...Whales, Bitmain, who else?)

Dec 31 2015   103,880,340,815   11.16%   743,604,444 GH/s
Dec 18 2015   93,448,670,796   18.14%   668,931,642 GH/s
Dec 06 2015   79,102,380,900   8.77%   566,236,898 GH/s
Nov 24 2015   72,722,780,643   10.44%   520,569,941 GH/s
Nov 11 2015   65,848,255,180   5.77%   471,360,171 GH/s

this increase was already taken into account by the price drop on the S5 market .

Even with this increase . average ROI is below 150 days right now . Quite good , I'm not sure it has ever been so low .
Even at 0.00033 ROI for S5 should be around 180 days . Nice


I think somebody is using the context to  scare the noobs and drop the price .

[Zeroxal]

Not sure if it's only me but : I can't log into the app using ios. It sorry me my stats for  2 seconds, then it goes back to the login page.
When using safari to login the ddos protection page refreshes all the time and doesn't load the login page. But this doesn't happen with chrome.

Btw, I am using 2 factor authorization.

[Roquene]

Even with this increase . average ROI is below 150 days right now

You sure about that?
https://docs.google.com/spreadsheets/d/1YmYIx2C_g035Rm_sLsFckgvcBSFBXBqcaB78epKECls/pubhtml?gid=209230657&single=true&widget=true&headers=false

Did you included future increases in diff?

[skuser]

Even with this increase . average ROI is below 150 days right now

You sure about that?
https://docs.google.com/spreadsheets/d/1YmYIx2C_g035Rm_sLsFckgvcBSFBXBqcaB78epKECls/pubhtml?gid=209230657&single=true&widget=true&headers=false

Did you included future increases in diff?

He states it exactly: ROI is below 150 days RIGHT NOW. As nobody knows what will be next difficulty increases there is no sense trying to estimate them. But the current ROI as it is now is nice way to assess the hashnest prices. About 150 days gives good buffer to ROI before halving.

[DebitMe]

Even with this increase . average ROI is below 150 days right now

You sure about that?
https://docs.google.com/spreadsheets/d/1YmYIx2C_g035Rm_sLsFckgvcBSFBXBqcaB78epKECls/pubhtml?gid=209230657&single=true&widget=true&headers=false

Did you included future increases in diff?

He states it exactly: ROI is below 150 days RIGHT NOW. As nobody knows what will be next difficulty increases there is no sense trying to estimate them. But the current ROI as it is now is nice way to assess the hashnest prices. About 150 days gives good buffer to ROI before halving.

That is the dumbest way to calculate ROI I have  ever heard.  It does absolutely no good to calculate when a device hits a positive ROI without factoring in difficulty adjustments.  No one knows what the next difficulty will be, but it isn't 0, it will def be over 8%.  After that, its hard to tell, but the trend has been easily over 5% every 2 weeks.

You will go broke quickly without factoring in difficulty or halving guesses.

[Roquene]

He states it exactly: ROI is below 150 days RIGHT NOW. As nobody knows what will be next difficulty increases there is no sense trying to estimate them. But the current ROI as it is now is nice way to assess the hashnest prices. About 150 days gives good buffer to ROI before halving.

That's just not the case.
You don't have a 'buffer', because the ROI is _not_ 150 Days.

And the statement "no sense trying to estimate" could not be more wrong.
Of course you need to estimate. You can not just let out an essential variable.

To make it short: There is no chance to ROI with S5 before halving.
Except you are good at trading or BTC Price go up.

[galdur]

He states it exactly: ROI is below 150 days RIGHT NOW. As nobody knows what will be next difficulty increases there is no sense trying to estimate them. But the current ROI as it is now is nice way to assess the hashnest prices. About 150 days gives good buffer to ROI before halving.

That's just not the case.
You don't have a 'buffer', because the ROI is _not_ 150 Days.

And the statement "no sense trying to estimate" could not be more wrong.
Of course you need to estimate. You can not just let out an essential variable.

To make it short: There is no chance to ROI with S5 before halving.
Except you are good at trading or BTC Price go up.

Of course. That´s how markets work. You try to anticipate future events, be ahead of the curve. It´s useless to look at current ROI and ignore the difficulty. I guess it´s up to the Bitcoin price how it develops. The hashrate and with it the difficulty seems likely to chase the price up and also down, at least it should work that way on average.

[deadpoolx]

Crazy diff, BTC price very unstable, maintenance fees high and going up... Tough days...
Had to get back my investment, maybe I will be back soon. By now, trade and hold BTC looks more attractive.

[galdur]

Well, there you are

Jan 13 2016   113,354,299,801   +9.12%   811,421,684 GH/s

Estimated Next Difficulty:   125,052,314,952 (+10.32%)

[deadpoolx]

Well, there you are

Jan 13 2016   113,354,299,801   +9.12%   811,421,684 GH/s

Estimated Next Difficulty:   125,052,314,952 (+10.32%)

One more in the "S" series going to the hash cemetery. Go in peace S3...

[dbron]

Unfortunately we can't tell until when will the price go down. Guess there are more people who would like to get out of the mining activities that those who are being swayed with the CURRENT ROI levels.

Gone are the good ol' days where S5 prices are stable at more than 100k sats.

[Steve_1982]

How does the following sound?

Buying hash from the market and then buying more Hash with the payouts and selling hash when the Maintenance/Payout ratio is greater than 75%?

I initially bought 27 GH of S7 which I traded today for 66 GH of S5 with plans to buy more S5 Hash until the Maintenance/Payout ratio is greather than 75% in which case I move on to S7 or possibly a new model of miner.

[skuser]

He states it exactly: ROI is below 150 days RIGHT NOW. As nobody knows what will be next difficulty increases there is no sense trying to estimate them. But the current ROI as it is now is nice way to assess the hashnest prices. About 150 days gives good buffer to ROI before halving.

That's just not the case.
You don't have a 'buffer', because the ROI is _not_ 150 Days.

And the statement "no sense trying to estimate" could not be more wrong.
Of course you need to estimate. You can not just let out an essential variable.

To make it short: There is no chance to ROI with S5 before halving.
Except you are good at trading or BTC Price go up.

Of course. That´s how markets work. You try to anticipate future events, be ahead of the curve. It´s useless to look at current ROI and ignore the difficulty. I guess it´s up to the Bitcoin price how it develops. The hashrate and with it the difficulty seems likely to chase the price up and also down, at least it should work that way on average.

Ok guys nice to see some heat in discussion I wasn't clear enough. Of course I don't believe the ROI without trying to estimate next difficulty will be real, I am just using it as guide when buying and selling hashes short term, eg last week I purchased S4 at 0.0001 because theoretical ROI was under 130 days, today I sold them because the ROI at 0.00012 dropped to almost 200 so no reason to hold them anymore. Not necessary to use the word ROI at all, you can make calculations for 10 day yield for example and use it as guidance. I will now set S4 purchase at 0.00009 and wait again for another panic selling. The same over and over again...

[skuser]

How does the following sound?

Buying hash from the market and then buying more Hash with the payouts and selling hash when the Maintenance/Payout ratio is greater than 75%?

I initially bought 27 GH of S7 which I traded today for 66 GH of S5 with plans to buy more S5 Hash until the Maintenance/Payout ratio is greather than 75% in which case I move on to S7 or possibly a new model of miner.

This is not the best idea, because with halving approaching the S5 price will drop regardless of maintenance/payout ratio or in other words the ratio may never cross your threshold but at the same time your hashes will become worthless. Doesn't mean you will lose your money, you will probably yield enough on mining. But whole concept looking at maintenance/payout ratio doesn't look logical to me, the price of hash is most important.

[lumeire]

How does the following sound?

Buying hash from the market and then buying more Hash with the payouts and selling hash when the Maintenance/Payout ratio is greater than 75%?

I initially bought 27 GH of S7 which I traded today for 66 GH of S5 with plans to buy more S5 Hash until the Maintenance/Payout ratio is greather than 75% in which case I move on to S7 or possibly a new model of miner.

This is not the best idea, because with halving approaching the S5 price will drop regardless of maintenance/payout ratio or in other words the ratio may never cross your threshold but at the same time your hashes will become worthless. Doesn't mean you will lose your money, you will probably yield enough on mining. But whole concept looking at maintenance/payout ratio doesn't look logical to me, the price of hash is most important.

The price of S5 won't necessarily drop. As far as I've observed, when the price of btc moves up, the price per GH/s of all the products in HashNest also moves accordingly, with S7s primarily with the greatest movement. There's at least a relationship with the maintenance/payout ratio regarding that.

[chmick]

He states it exactly: ROI is below 150 days RIGHT NOW. As nobody knows what will be next difficulty increases there is no sense trying to estimate them. But the current ROI as it is now is nice way to assess the hashnest prices. About 150 days gives good buffer to ROI before halving.

That's just not the case.
You don't have a 'buffer', because the ROI is _not_ 150 Days.

And the statement "no sense trying to estimate" could not be more wrong.
Of course you need to estimate. You can not just let out an essential variable.

To make it short: There is no chance to ROI with S5 before halving.
Except you are good at trading or BTC Price go up.

Of course. That´s how markets work. You try to anticipate future events, be ahead of the curve. It´s useless to look at current ROI and ignore the difficulty. I guess it´s up to the Bitcoin price how it develops. The hashrate and with it the difficulty seems likely to chase the price up and also down, at least it should work that way on average.

Ok guys nice to see some heat in discussion I wasn't clear enough. Of course I don't believe the ROI without trying to estimate next difficulty will be real, I am just using it as guide when buying and selling hashes short term, eg last week I purchased S4 at 0.0001 because theoretical ROI was under 130 days, today I sold them because the ROI at 0.00012 dropped to almost 200 so no reason to hold them anymore. Not necessary to use the word ROI at all, you can make calculations for 10 day yield for example and use it as guidance. I will now set S4 purchase at 0.00009 and wait again for another panic selling. The same over and over again...

+1 I'm not long term at the moment , so my calculation are based from a diff increase to the next .

trying to predict further than a month is very uncertain .   Of course if you play long term (like until the next halving ) average diff increase is to take into consideration .

hope i clarified the point .

[rastislav365]

Hello everyone. Today, S3 Maintenance / Payout (PPS) 101%. This is the definitive end. 

[Zeroxal]

Not sure if it's only me but : I can't log into the app using ios. It sorry me my stats for  2 seconds, then it goes back to the login page.
When using safari to login the ddos protection page refreshes all the time and doesn't load the login page. But this doesn't happen with chrome.

Btw, I am using 2 factor authorization.

Problem with the app has been solved. However I still can't access my account through safari (ios).