HASHNEST Discussion and Support Thread

[Eric Mu]

what was the first pacmic  payout rate  ,   pacmic v2  is 0.45

first one was literally double it .7
They got greedy with version 2 and cut the interest in half essentially

Half of .7 is .35, so they didn't slash it quite in half.  I'm also not sure if the change could be described as greed, they likely needed to fine tune what is a nascent offering.

That said, I'm not sure if I'm going to buy into this round.  I think I could do better in the slightly riskier Hashnet market.

Yea, if the original PACMiC was 22% APR, this one will be roughly 14% or so, not sure its worth it unfortunately since it isn't risk free and depending on the difficulty over the next couple of months, could actually be more risky than buying other hash since you can't cut your losses and get out.

That being said, I will buy some because for now, I think they are a good stable return.

EDIT: Also wondering if I auto buy from my version 1 PACMiC will it buy in to version 2?

EDIT 2: NVM you Tracer answered that elsewhere. It doesn't appear to.

If PACMiC v2 is only paying 14% APR you can do better with an interest bearing wallet at HaoBTC. If you deposit 10 bitcoin for twelve months you will receive 15.58% APR. For wallets holding under 10 bitcoin the APR is fixed 8%. Advantage over PACMiC is you can withdraw your funds at any time.

Plus the benefit of withdrawal anytime (within daily quota of 100BTC) - Sorry if my self-promotion annoys you.

[cryptojumper]

If PACMiC v2 is only paying 14% APR you can do better with an interest bearing wallet at HaoBTC. If you deposit 10 bitcoin for twelve months you will receive 15.58% APR. For wallets holding under 10 bitcoin the APR is fixed 8%. Advantage over PACMiC is you can withdraw your funds at any time.

In my opinion the difference in dividends is too low to make up for the difference in trustworthiness of these companies. The only valid reasons to not choose PACMiC would seem to be either waiting for Antminer S6 this summer or if you can't guarantee that you won't absolutely need your btc deposit during contract duration..

[chmick]

hi all

for information :

https://forum.bitmain.com/bbs/topics/1832?page=2&notification=407#reply7

don't know what to think , but worth investigate.

[speedt_ouch]

Hi,
So I finally made up my mind I got in to cloud mining wish hashnest.
I got a AndMiner S5 then it was 380USD  I was lucky

After more than 72 hours of waiting and e-mails with no clear or strait answer, when I login into hashnest I now see:

Under > Transactions some blocks information (I guess this are blocks my miner found or processed)

Under Hash > antS5 I also see a graph and some revenue.

I had a idea (perhaps wrong idea) that I would have some information, graph and numbers in antpool mine also, but there is nothing... is this normal?

I was hoping you miners with many long hours of mining experience could tell me, this is all there is to it right?!

What ever earnings the antminer gets, it goes to my hashnest account correct?
When I want to transfer my earned bitcoins to my real bitcoin wallet I must to a withdraw?

This are the normal procedures?

Thanks in advance

It is normal for Hashnest to take 3 full days to process an order for a hosted Antminer S5. Just the way it is. In your Hashnest control panel under Hash > Ant S5 you should see your hashrate, cost, earnings and maintenance fees. Check your wallet for cumulative earnings, hope this helps. Antpool is not relevant to you unless you have a worker miner you control at home pointed at the pool.

Yep!
Definitely helps 

I had a different idea about antpool, but now I get it.

Thanks

[dHe_zHiq]

hi all

for information :

https://forum.bitmain.com/bbs/topics/1832?page=2&notification=407#reply7

don't know what to think , but worth investigate.

The possibility of misunderstanding, and will soon be completed if handled correctly ..

[chmick]

hi all

for information :

https://forum.bitmain.com/bbs/topics/1832?page=2&notification=407#reply7

don't know what to think , but worth investigate.

The possibility of misunderstanding, and will soon be completed if handled correctly ..

I hope so. So far answer i saw from bitmain support does not sound clear . And it got me worried . When you start to track the IP things does not add up . A pool like antpool is supposed to have static IP , or many ?
I can't shake the little voice in my head saying there is something odd here !

I started to track the ip . Unfortunately blockchain does not give you first relayed_ip when the block is too old .

[hroub]

what was the first pacmic  payout rate  ,   pacmic v2  is 0.45

first one was literally double it .7
They got greedy with version 2 and cut the interest in half essentially

Half of .7 is .35, so they didn't slash it quite in half.  I'm also not sure if the change could be described as greed, they likely needed to fine tune what is a nascent offering.

That said, I'm not sure if I'm going to buy into this round.  I think I could do better in the slightly riskier Hashnet market.

Yea, if the original PACMiC was 22% APR, this one will be roughly 14% or so, not sure its worth it unfortunately since it isn't risk free and depending on the difficulty over the next couple of months, could actually be more risky than buying other hash since you can't cut your losses and get out.

That being said, I will buy some because for now, I think they are a good stable return.

EDIT: Also wondering if I auto buy from my version 1 PACMiC will it buy in to version 2?

EDIT 2: NVM you Tracer answered that elsewhere. It doesn't appear to.

Is there any way to purchase original PACMiC contract (with 0.7) from hashnest or from another user that wants to sell PACMiC?

[BITMAIN_Rob]

Hashnest app has been released!

download link:  https://www.hashnest.com/app

or index page : https://www.hashnest.com  scan QR code

[ajw7989]

Hashnest app has been released!

download link:  https://www.hashnest.com/app

or index page : https://www.hashnest.com  scan QR code

I downloaded and installed but could not get it to work. it installs fine and I get past the first screen then it just displays a grey screen. I am running android 5  lollipop on an s5.

[DebitMe]

Hashnest app has been released!

download link:  https://www.hashnest.com/app

or index page : https://www.hashnest.com  scan QR code

Your front page says, "Click and Sart Mining"  You should change the Sart to Start.

EDIT:  I also couldn't find it by searching the play store on google.  I am currently downloading it by the QR code now.

[BITMAIN_Rob]

Hashnest app has been released!

download link:  https://www.hashnest.com/app

or index page : https://www.hashnest.com  scan QR code

I downloaded and installed but could not get it to work. it installs fine and I get past the first screen then it just displays a grey screen. I am running android 5  lollipop on an s5.

sorry i found that android version has a problem。 i will reply when fixed

the ios version has no problem

[TracerX]

Hashnest app has been released!

download link:  https://www.hashnest.com/app

or index page : https://www.hashnest.com  scan QR code

I downloaded and installed but could not get it to work. it installs fine and I get past the first screen then it just displays a grey screen. I am running android 5  lollipop on an s5.

sorry i found that android version has a problem。 i will reply when fixed

the ios version has no problem

I can verify this is a problem on lollipop as well--thanks in advance for the effort!

[cloh76]

Downloaded the app on IOS.   Nice - I like it. 

[DebitMe]

Downloaded the app on IOS.   Nice - I like it. 

What are its features/what can it do?  I am with the above group who are having problems getting it to run unfortunately.

[BITMAIN_Rob]

we had fixed android version please download again

[Ecnad]

Very nice iOS app. Can track my hash income, buy and sell hash and do wallet transactions from my phone.

[BITMAIN_Rob]

Hashnest app has been released!

download link:  https://www.hashnest.com/app

or index page : https://www.hashnest.com  scan QR code

I downloaded and installed but could not get it to work. it installs fine and I get past the first screen then it just displays a grey screen. I am running android 5  lollipop on an s5.

sorry i found that android version has a problem。 i will reply when fixed

the ios version has no problem

it fixed , please download again

[DebitMe]

Hashnest app has been released!

download link:  https://www.hashnest.com/app

or index page : https://www.hashnest.com  scan QR code

I downloaded and installed but could not get it to work. it installs fine and I get past the first screen then it just displays a grey screen. I am running android 5  lollipop on an s5.

sorry i found that android version has a problem。 i will reply when fixed

the ios version has no problem

it fixed , please download again

Sweet, love the app!

[BITMAIN_Rob]

Hashnest app has been released!

download link:  https://www.hashnest.com/app

or index page : https://www.hashnest.com  scan QR code

I downloaded and installed but could not get it to work. it installs fine and I get past the first screen then it just displays a grey screen. I am running android 5  lollipop on an s5.

sorry i found that android version has a problem。 i will reply when fixed

the ios version has no problem

it fixed , please download again

Sweet, love the app!

thanks

[hroub]

It seems to me that the S4 market hash is more profitable than the S5, perhaps due to the cheaper per hash price...

According to conwarz calculator, S4, at current hash rates of 0.00086799 BTC at $245 per BTC, the S4 is supposed to break even in 252.63 days and make profit of $613.09 after one year. That's $187.77 profit after break even.
187.77 / 424.34 = 44.25% profit, the first year.
http://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=2000.00&p=1400.00&pc=0.0976&pf=0.00&d=49692386354.89380000&r=25.00000000&er=245.00000000&hc=424.34

On the other hand the S5 market price hash of 0.00145 BTC, the S5 is supposed to break even after 283.18 Days and make profit of $528.47. That is a profit of $118.47 after break even.
118.47 / 410 = 28.90% profit the first year.
http://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=1155.00&p=590.00&pc=0.10&pf=0.00&d=49692386354.89380000&r=25.00000000&er=245.00000000&hc=410

Am I correct?