HASHNEST Discussion and Support Thread

[skuser]

I think they are waiting for S4 death confirmation by difficulty increase because currently just small jump in BTC price (to 390) would make S4 profitable again.

[1714537742]

1714537742

[1714537742]

1714537742

[DebitMe]

Hello everybody.

Just saw a post on reddit /r/bitcoin telling hashnest has been hacked and some people lost coins .

check your account .

BTW that could explain also some price dive if account were hacked and hash power sold massively .

That is why it is important to have a pin set up and 2FA.  Not sure how many hacks it takes for people to realize that this is a necessity.  If you do not have these set up, do it immediately.

[steveds]

To be honest I don't like to believe any shit like this,bitcoin hacks and scams are just getting more worse with time.

That is why it is important to have a pin set up and 2FA.

I wonder if they were hacked then the database might have been compromised as well ?

[DebitMe]

To be honest I don't like to believe any shit like this,bitcoin hacks and scams are just getting more worse with time.

That is why it is important to have a pin set up and 2FA.

I wonder if they were hacked then the database might have been compromised as well ?

Doesn't matter if the database was hacked if you have 2FA set up.  They would also have to have access to your phone.

[ps_jb]

Yes very probably the difficulty will drop after halving when old tech gear will get shut down. However it seems some new low consumption technology is being plugged in which won't have to be shut down after halving and it's share on total hashrate will be so high the diff drop will be within single digit percent number. Anyway will be fun to watch.

I think old-tech ASICs will die way before halving. S5 will be dead in a month if BTC price suddenly will not jump to 500USD.

And agree - fun time is coming

[LiberOptions]

Recently bought some GHS and am trading as we speak. Sounds very to take some daytrading moves

[stiffbud]

For referrence, is this cloud mining profitable or not? How many ghs will I need to actually get profit from this? I want to try this but as I he a bad experience with cloud minings I am really having second thoughts.

[DebitMe]

For referrence, is this cloud mining profitable or not? How many ghs will I need to actually get profit from this? I want to try this but as I he a bad experience with cloud minings I am really having second thoughts.

Do not take advice on profitability from strangers on the internet.  Go to www.bitcoinwisdom.com and use their calculator to come up with your own conclusion.  Then go and read and understand the asset your thinking about investing in.  Then, if you have questions, come back, but it will do you absolutely no good to not understand and blindly ask strangers who don't have your best interests at heart about what to do.

[bones261]

For referrence, is this cloud mining profitable or not? How many ghs will I need to actually get profit from this? I want to try this but as I he a bad experience with cloud minings I am really having second thoughts.

There is now over one exahash going toward mining for Bitcoin. It's difficult to ROI even if you bought the latest equipment and mined it yourself. Hashnest was good in the past, but these mining conditions are too extreme right now, especially with the halving event coming up this summer or sooner.

[ps_jb]

For referrence, is this cloud mining profitable or not? How many ghs will I need to actually get profit from this? I want to try this but as I he a bad experience with cloud minings I am really having second thoughts.

You will have profit from any amount of GHS - after your hashes will pay for themselves (ROI time).

The level of profit will depend on the initial investment

To get reasonable amount of BTCs per day you probably need smth like 50 THs of S7

[skuser]

For referrence, is this cloud mining profitable or not? How many ghs will I need to actually get profit from this? I want to try this but as I he a bad experience with cloud minings I am really having second thoughts.

Do not buy anything before understanding simple math behind the calculations. If you do your math you'll know that you will not get your investment back.

[steveds]

You will have profit from any amount of GHS - after your hashes will pay for themselves (ROI time).

That is not profit but getting the investment back,you can profit if you play the pump and dump game in Gh's market.

To get reasonable amount of BTCs per day you probably need smth like 50 THs of S7

Buying S7 and mining could be profitable if you get any better electricity rates but not the GH's.

[khonggianmang]

S5 now very cheap... cheap... cheap.... and die  if  BTC < 380 usd....

[galdur]

Estimated Next Difficulty:   143,806,145,905 (+19.81%)
Adjust time:   After 80 Blocks, About 10.7 hours
Hashrate:   1,089,660,784 GH/s



Chart Explained
Red line
The difficulty.
Green line
The estimated next difficulty.
Blue line
Average block generation time of 2016 blocks. Block generation time is also known as confirmation time.
Grey line
Average block generation time of 1008 blocks.
If grey line less than blue line, The generation time is decreasing.

The more grey line is lower than blue line, the faster generation time is decreasing.

After 2016 blocks generated, Bitcoin will adjust difficulty to estimated difficulty in order to keep the block generation time at 600 seconds

bitcoinwisdom.com

[galdur]

Feb 07 2016   144,116,447,847   +20.06%   1,031,625,717 GH/s

Bitcoin Difficulty:   144,116,447,847
Estimated Next Difficulty:   173,112,078,482 (+20.12%)
Adjust time:   After 2010 Blocks, About 13.3 days

[neilsolomons]

It's funny that amounts paid before costs are fluctuating all the time in line the Bitcoin price. If it's high it seems you get better amounts and if it's low you get less which is crap.

For a start the pool should be by itself on all the miners working together and then you have their own farms mixed in aswell. They used to display the users and hashing power which they don't show but last time I saw users hadn't risen and hash power wasn't a noticeable rise so why the less rewards. They upped their own farms.

[johny08]

What about Pacmic? Does anyone go into that anymore?

i dont understand. you cant get out your money with pacmic v4 with the halving and this difficulty. and people still buying. thats a guaranteed loss.

when you buy now and the s7 still mining until the halving then you get around 70% back without difficulty rising until then. so goodbuy btc :-)

[DebitMe]

It's funny that amounts paid before costs are fluctuating all the time in line the Bitcoin price. If it's high it seems you get better amounts and if it's low you get less which is crap.

For a start the pool should be by itself on all the miners working together and then you have their own farms mixed in aswell. They used to display the users and hashing power which they don't show but last time I saw users hadn't risen and hash power wasn't a noticeable rise so why the less rewards. They upped their own farms.

This is exactly why I say do research and understand what your investing in. It's not funny at all, the maintenance is tied to USD, not bitcoin. So as bitcoin price goes up, maintenance costs go down. It is very well explained in the ToS of every single miner.

[DebitMe]

What about Pacmic? Does anyone go into that anymore?

i dont understand. you cant get out your money with pacmic v4 with the halving and this difficulty. and people still buying. thats a guaranteed loss.

when you buy now and the s7 still mining until the halving then you get around 70% back without difficulty rising until then. so goodbuy btc :-)

Guaranteed huh...unless of course the bitcoin price goes up alongside the halving. I wouldn't say its unreasonable to expect a price increase, so it's not really a guaranteed loss.

[rastislav365]

Hi,
Does anyone have experience with PACMiC V4?
It pays to invest?