HASHNEST Discussion and Support Thread

[flyingplows]

wow this price/ghs fall is... can anyone more experienced here write a quick advice how this hashnest compares to amhash as of now and what would be general strategy from now on seeing this hashrate and diff jump and prices fall. do i invest here now, do i wait, do i buy amhash on havelock which is cheap also, do i wait for amhash4? i see things just start to get interesting and luckily(?) now i have more money  in bitcoin ready to get invested. i think since i bought btc as its low now i should make good roi of course if the the price will not fall further..

[skuser]

It seems this badly marketed and poorly communicated New years offer caused panic between hashnest users...(they should at least send some email to existing users)

Claim that S2 wil go unprofitable when difficulty grows 8% is wrong. Even at 30% diff growth the S2 would be still profitable at BTC/USD rate 300...edit: it depends on electricity price and I am calculating with maintenance fees umisoo is currently charging for S2

As for amhash vs. hashnest, ROI at amhash is currently 160 days vs 105 days at umisoo (at 0.0005).
If we calculate 15% diff. growth next 30 days the ROI would fall to 210 vs 170 days.

Amhash advantage are lower maintenance fees which make him less vulnerable to BTC price drops. But I suspect that new umisoo farm is made from newer machines and hashnest will have place to lower the fees if the difficulty grows too fast.

I think this hashnest offer was just badly priced and communicated. Chinese guys have still long route to improve marketing skills despite being very good at technical skills.

[petermol]

I am not an expert...
But maintenance fee at umisoo for S2 is $3.60 a day.
(https://www.umisoo.com/agency/listProduct.action)

With the actual difficulty the earnings of 1 TH is $3.90 a day.
With the next (estimated +11.9%) difficulty: $3.49.
(https://alloscomp.com/bitcoin/calculator)

Where does my math go wrong?

[ajw7989]

I am not an expert...
But maintenance fee at umisoo for S2 is $3.60 a day.
(https://www.umisoo.com/agency/listProduct.action)

With the actual difficulty the earnings of 1 TH is $3.90 a day.
With the next (estimated +11.9%) difficulty: $3.49.
(https://alloscomp.com/bitcoin/calculator)

Where does my math go wrong?

Its actually 2.2896 a day per 1 TH S2 in maintenance fees. Bitmain lowered the maintenance fees when they merged all their sites.

[Faceboss]

I am not an expert...
But maintenance fee at umisoo for S2 is $3.60 a day.
(https://www.umisoo.com/agency/listProduct.action)

With the actual difficulty the earnings of 1 TH is $3.90 a day.
With the next (estimated +11.9%) difficulty: $3.49.
(https://alloscomp.com/bitcoin/calculator)

Where does my math go wrong?
Name   Power efficiency   Maintenance fees   Fees/Earnings   Last Price
UMISOO   1.0W/GHS   $0.0022896/GHS/Day   59.93%   0.0004599BTC

[DARKANGEL6415]

It seems this badly marketed and poorly communicated New years offer caused panic between hashnest users...(they should at least send some email to existing users)

Claim that S2 wil go unprofitable when difficulty grows 8% is wrong. Even at 30% diff growth the S2 would be still profitable at BTC/USD rate 300...edit: it depends on electricity price and I am calculating with maintenance fees umisoo is currently charging for S2

As for amhash vs. hashnest, ROI at amhash is currently 160 days vs 105 days at umisoo (at 0.0005).
If we calculate 15% diff. growth next 30 days the ROI would fall to 210 vs 170 days.

Amhash advantage are lower maintenance fees which make him less vulnerable to BTC price drops. But I suspect that new umisoo farm is made from newer machines and hashnest will have place to lower the fees if the difficulty grows too fast.

I think this hashnest offer was just badly priced and communicated. Chinese guys have still long route to improve marketing skills despite being very good at technical skills.

this is well said i could not have said this better myself, well i am sure i would have botched it up lol

[DARKANGEL6415]

I am not an expert...
But maintenance fee at umisoo for S2 is $3.60 a day.
(https://www.umisoo.com/agency/listProduct.action)

With the actual difficulty the earnings of 1 TH is $3.90 a day.
With the next (estimated +11.9%) difficulty: $3.49.
(https://alloscomp.com/bitcoin/calculator)

Where does my math go wrong?

Its actually 2.2896 a day per 1 TH S2 in maintenance fees. Bitmain lowered the maintenance fees when they merged all their sites.

when did they lower the fees ?

[Dilemma]

i baught over th miners from 0,0005 btc
i hope this was a good desicion

[DARKANGEL6415]

i baught over th miners from 0,0005 btc
i hope this was a good desicion

nice maybe someday i will be able to buy 1TH in 1 sitting and i hope that one day is not like 10 years in the future 

[ajw7989]

I wish there was more of an announcement. I bought a day or two before at 0.0007 and now its going to be a while before I can sell without taking a loss 

[DARKANGEL6415]

I wish there was more of an announcement. I bought a day or two before at 0.0007 and now its going to be a while before I can sell without taking a loss 

if it was only a few wont be bad now if it was a lot of them then i feel you. Then again you never know the price can go back up to .0007 or higher then you would have got a bargain. Never know this changes from a good company so we will see what happens. 

[ajw7989]

I wish there was more of an announcement. I bought a day or two before at 0.0007 and now its going to be a while before I can sell without taking a loss 

if it was only a few wont be bad now if it was a lot of them then i feel you. Then again you never know the price can go back up to .0007 or higher then you would have got a bargain. Never know this changes from a good company so we will see what happens. 

Lol lets just say I bought 4th at 0.0007 and another 2th at 0.0005.

[DARKANGEL6415]

I wish there was more of an announcement. I bought a day or two before at 0.0007 and now its going to be a while before I can sell without taking a loss 

if it was only a few wont be bad now if it was a lot of them then i feel you. Then again you never know the price can go back up to .0007 or higher then you would have got a bargain. Never know this changes from a good company so we will see what happens. 

Lol lets just say I bought 4th at 0.0007 and another 2th at 0.0005.

WOW you are rich in my eyes, i have 503 Umisoo lol every day i buy 4-6 new umisoo shares with daily payments. Someday i might be able to buy me up like 1TH at a time. Hell i would be happy if i could buy like 50 or 100 Umisoo shares in 1 transaction. I asked santa for some bitcoin to buy more but i just got coal 

[skuser]

I wish there was more of an announcement. I bought a day or two before at 0.0007 and now its going to be a while before I can sell without taking a loss  

If it helps you also hashnest got punished. After initial sale of about 350 TH they didn't sell a single TH because they are constantly underbid by others. I expect more price lowering if they want to get rid off that 2.5 PH they want to sell.

I think they should have created separated IPO market for new hashrate and then merge it, and/or create multiple price levels based on amount purchased and sell it manually, not directly on market.

[alevlaslo]

do not be afraid of anything, the growth of the difficulties will be offset by the growth rate bitcoin

but if you buy the S5, then you don't have to worry at all  

cloud for S5 will been the best solushion

[alevlaslo]

on the AMHash 0.0005 btc today with 40% fee

https://www.havelockinvestments.com/order.php?symbol=AMHASH1

[DARKANGEL6415]

I wish there was more of an announcement. I bought a day or two before at 0.0007 and now its going to be a while before I can sell without taking a loss  

If it helps you also hashnest got punished. After initial sale of about 350 TH they didn't sell a single TH because they are constantly underbid by others. I expect more price lowering if they want to get rid off that 2.5 PH they want to sell.

I think they should have created separated IPO market for new hashrate and then merge it, and/or create multiple price levels based on amount purchased and sell it manually, not directly on market.

THAT would have been a good solution to create a ipo market of different listings. To late for that now at this point but i do wonder if hashnest will upgrade to new scrypt cloud miners that are super energy efficient and can compete. I would like to buy more scrypt cloud based mining but seems hard to find from good companies   

[alevlaslo]

panic over, sales are now no, only purchase 

[DARKANGEL6415]

panic over, sales are now no, only purchase 

I still see sales going on but not in large massive amounts, its ok i like umisoo so bought some more and love the pictures of the new farm the put up. I fell in love hardcore made me think was xmas all over again lol 

[Dilemma]

panic over, sales are now no, only purchase 

it good news
if everything is ok we will be ok