HASHNEST Discussion and Support Thread

[DebitMe]

I bought some UMISOO earlier today, and there have been around 6 blocks that have confirmed on my S5 hash and nothing has shown up on my UMISOO payout yet.  Is anyone else not getting paid for UMISOO blocks?

My UMISOO hash is paying out fine. Bitcoin price has to get below $226 for UMISOO and S2 to be unprofitable.

If you go under "blocks" section does it show the blocks that correspond to your payouts?  My stats page is now showing that I am getting payouts and fees taken out, but the blocks page is not showing anything for me.

EDIT:  Although it is not updating the payouts and fees section after every block.

[wlefever]

I bought some UMISOO earlier today, and there have been around 6 blocks that have confirmed on my S5 hash and nothing has shown up on my UMISOO payout yet.  Is anyone else not getting paid for UMISOO blocks?

My UMISOO hash is paying out fine. Bitcoin price has to get below $226 for UMISOO and S2 to be unprofitable.

If you go under "blocks" section does it show the blocks that correspond to your payouts?  My stats page is now showing that I am getting payouts and fees taken out, but the blocks page is not showing anything for me.

EDIT:  Although it is not updating the payouts and fees section after every block.

I'm seeing the same thing. I am hoping it is just the irregularity in PPS payouts which from what I've read can take some time.

Not sure why it would show us the payouts, and not the blocks though.

[BitcoinNewsMagazine]

I bought some UMISOO earlier today, and there have been around 6 blocks that have confirmed on my S5 hash and nothing has shown up on my UMISOO payout yet.  Is anyone else not getting paid for UMISOO blocks?

My UMISOO hash is paying out fine. Bitcoin price has to get below $226 for UMISOO and S2 to be unprofitable.

If you go under "blocks" section does it show the blocks that correspond to your payouts?  My stats page is now showing that I am getting payouts and fees taken out, but the blocks page is not showing anything for me.

EDIT:  Although it is not updating the payouts and fees section after every block.

There seems to be a glitch in the site because blocks are not showing up by todays date in block section but if you check the graph at top it says 24 blocks found today.

Why are you bothering with UMISOO at all? I have investments in all Hashnest contracts to report profitability and the spreadsheet I keep at how to profit with Bitmain Hashnest shows S4 most profitable.

[DebitMe]

I bought some UMISOO earlier today, and there have been around 6 blocks that have confirmed on my S5 hash and nothing has shown up on my UMISOO payout yet.  Is anyone else not getting paid for UMISOO blocks?

My UMISOO hash is paying out fine. Bitcoin price has to get below $226 for UMISOO and S2 to be unprofitable.

If you go under "blocks" section does it show the blocks that correspond to your payouts?  My stats page is now showing that I am getting payouts and fees taken out, but the blocks page is not showing anything for me.

EDIT:  Although it is not updating the payouts and fees section after every block.

There seems to be a glitch in the site because blocks are not showing up by todays date in block section but if you check the graph at top it says 24 blocks found today.

Why are you bothering with UMISOO at all? I have investments in all Hashnest contracts to report profitability and the spreadsheet I keep at how to profit with Bitmain Hashnest shows S4 most profitable.

I believe the S5 is the most profitable personally (although I haven't run the numbers in a few weeks and things might have changed since then), but I wanted to try something out.  I think the UMISOO is undervalued a little bit and we could see the price go up about 30 to 40%.  Of course that is based on the price of bitcoin continuing to rise, so we will see on that.

[wlefever]

I bought some UMISOO earlier today, and there have been around 6 blocks that have confirmed on my S5 hash and nothing has shown up on my UMISOO payout yet.  Is anyone else not getting paid for UMISOO blocks?

My UMISOO hash is paying out fine. Bitcoin price has to get below $226 for UMISOO and S2 to be unprofitable.

If you go under "blocks" section does it show the blocks that correspond to your payouts?  My stats page is now showing that I am getting payouts and fees taken out, but the blocks page is not showing anything for me.

EDIT:  Although it is not updating the payouts and fees section after every block.

There seems to be a glitch in the site because blocks are not showing up by todays date in block section but if you check the graph at top it says 24 blocks found today.

Why are you bothering with UMISOO at all? I have investments in all Hashnest contracts to report profitability and the spreadsheet I keep at how to profit with Bitmain Hashnest shows S4 most profitable.

I am trying out what is mentioned in this topic on the Bitmain forum

[J0hnnyb]

The essential part he is talking about :

The assumption is that you are investing $270 USD (which happens to correlate to 1BTC at the moment)

UMISOO $1.88
S2 $1.45
S3 $1.41
S4 $1.25
S5 $1.16

UMISOO is the best buy until it reaches price parity with S2, then S2 & UMISOO are evenly matched until 0.00036 at which point it's S3 all the way until S3 reaches 0.0007.  After that point you are better off with PACMICS.

UMISOO still stuck @ 0,00024BTC and BTC 267
 
the whole thing is worth reading! -->https://forum.bitmain.com/bbs/topics/1882

[DebitMe]

The essential part he is talking about :

The assumption is that you are investing $270 USD (which happens to correlate to 1BTC at the moment)

UMISOO $1.88
S2 $1.45
S3 $1.41
S4 $1.25
S5 $1.16

UMISOO is the best buy until it reaches price parity with S2, then S2 & UMISOO are evenly matched until 0.00036 at which point it's S3 all the way until S3 reaches 0.0007.  After that point you are better off with PACMICS.

UMISOO still stuck @ 0,00024BTC and BTC 267
 
the whole thing is worth reading! -->https://forum.bitmain.com/bbs/topics/1882

It doesn't make sense to me though.  From what I am gathering, he is saying only buy the hash that returns the most profit per day.  That won't work because with difficulty increases, UMISOO will probably be gone within a month or two (depending on many things), and it won't matter what your daily profit was, meanwhile S5 will be hashing long after the other units offered are gone.

Am I missing something?

[cesmak]

The essential part he is talking about :

The assumption is that you are investing $270 USD (which happens to correlate to 1BTC at the moment)

UMISOO $1.88
S2 $1.45
S3 $1.41
S4 $1.25
S5 $1.16

UMISOO is the best buy until it reaches price parity with S2, then S2 & UMISOO are evenly matched until 0.00036 at which point it's S3 all the way until S3 reaches 0.0007.  After that point you are better off with PACMICS.

UMISOO still stuck @ 0,00024BTC and BTC 267
 
the whole thing is worth reading! -->https://forum.bitmain.com/bbs/topics/1882

It doesn't make sense to me though.  From what I am gathering, he is saying only buy the hash that returns the most profit per day.  That won't work because with difficulty increases, UMISOO will probably be gone within a month or two (depending on many things), and it won't matter what your daily profit was, meanwhile S5 will be hashing long after the other units offered are gone.

Am I missing something?

For me no.... and S5 in one or two month probably will have a decent price if you want' to resold.... umisoo loosing completely his capacity to generate money will worth zero or near it

[hifzi]

hello, im new in hashnest.
just wanna ask

if i put my GHS to sell Order,is my GHS still earning as long as it hasnt sold yet?
thanks

quote by my self because no body answer yet

[DebitMe]

hello, im new in hashnest.
just wanna ask

if i put my GHS to sell Order,is my GHS still earning as long as it hasnt sold yet?
thanks

quote by my self because no body answer yet

Yes

[jlauzon]

hello, im new in hashnest.
just wanna ask

if i put my GHS to sell Order,is my GHS still earning as long as it hasnt sold yet?
thanks

quote by my self because no body answer yet

Yes

Really? They don't "trade lock" the hashing?

[BitcoinNewsMagazine]

The essential part he is talking about :

The assumption is that you are investing $270 USD (which happens to correlate to 1BTC at the moment)

UMISOO $1.88
S2 $1.45
S3 $1.41
S4 $1.25
S5 $1.16

UMISOO is the best buy until it reaches price parity with S2, then S2 & UMISOO are evenly matched until 0.00036 at which point it's S3 all the way until S3 reaches 0.0007.  After that point you are better off with PACMICS.

UMISOO still stuck @ 0,00024BTC and BTC 267
 
the whole thing is worth reading! -->https://forum.bitmain.com/bbs/topics/1882

It doesn't make sense to me though.  From what I am gathering, he is saying only buy the hash that returns the most profit per day.  That won't work because with difficulty increases, UMISOO will probably be gone within a month or two (depending on many things), and it won't matter what your daily profit was, meanwhile S5 will be hashing long after the other units offered are gone.

Am I missing something?

For me no.... and S5 in one or two month probably will have a decent price if you want' to resold.... umisoo loosing completely his capacity to generate money will worth zero or near it

You have to keep an eye on the daily yield and price of UMISOO; you do not hold the contract until it is worthless. He notes that he places a stop loss when he buys a contract the method is described in this post.

[J0hnnyb]

The essential part he is talking about :

The assumption is that you are investing $270 USD (which happens to correlate to 1BTC at the moment)

UMISOO $1.88
S2 $1.45
S3 $1.41
S4 $1.25
S5 $1.16

UMISOO is the best buy until it reaches price parity with S2, then S2 & UMISOO are evenly matched until 0.00036 at which point it's S3 all the way until S3 reaches 0.0007.  After that point you are better off with PACMICS.

UMISOO still stuck @ 0,00024BTC and BTC 267
 
the whole thing is worth reading! -->https://forum.bitmain.com/bbs/topics/1882

It doesn't make sense to me though.  From what I am gathering, he is saying only buy the hash that returns the most profit per day.  That won't work because with difficulty increases, UMISOO will probably be gone within a month or two (depending on many things), and it won't matter what your daily profit was, meanwhile S5 will be hashing long after the other units offered are gone.

Am I missing something?

as i gather from the information he doesn´t really "hold" gh/s. He is trading day to day and doesn´t care for ROI, because he is looking everyday at the stats to see on which market he can make at exactly that day with at  2XX BTC the most money. And the next day he starts new. and so on and so on. you need to read both posts.

https://forum.bitmain.com/bbs/topics/1876
https://forum.bitmain.com/bbs/topics/1882

[speedt_ouch]

The essential part he is talking about :

The assumption is that you are investing $270 USD (which happens to correlate to 1BTC at the moment)

UMISOO $1.88
S2 $1.45
S3 $1.41
S4 $1.25
S5 $1.16

UMISOO is the best buy until it reaches price parity with S2, then S2 & UMISOO are evenly matched until 0.00036 at which point it's S3 all the way until S3 reaches 0.0007.  After that point you are better off with PACMICS.

UMISOO still stuck @ 0,00024BTC and BTC 267
 
the whole thing is worth reading! -->https://forum.bitmain.com/bbs/topics/1882

It doesn't make sense to me though.  From what I am gathering, he is saying only buy the hash that returns the most profit per day.  That won't work because with difficulty increases, UMISOO will probably be gone within a month or two (depending on many things), and it won't matter what your daily profit was, meanwhile S5 will be hashing long after the other units offered are gone.

Am I missing something?

as i gather from the information he doesn´t really "hold" gh/s. He is trading day to day and doesn´t care for ROI, because he is looking everyday at the stats to see on which market he can make at exactly that day with at  2XX BTC the most money. And the next day he starts new. and so on and so on. you need to read both posts.

https://forum.bitmain.com/bbs/topics/1876
https://forum.bitmain.com/bbs/topics/1882

Hi.
I have read both posts and I'm trying to understand all this market business.
I had seen the market tab before in hashnest site but did not really care for it because I don't understand it.

But now I'm looking to learn and understand it with your expert teaching if possible

First, from what I read in wikis:
https://support.bitmain.com/wikis/48
If I have some bitcoins to spare, or from my mining revenue to reinvest I can buy some GHs on the market and increase my hashrate. The GHs I purchase become mine. Is this correct?

The same principal to sell, if I wish to sell 155ghs from my 1155ghs of my S5 I could. When sold I would only have 1000Ghs

What I still don't understand, perhaps because I have not clicked on buy or sell ( scared I break something  ) is if I sell some Ghs who sets the price? Me?
The same the other way around, if I'm buying it would be the seller who sets the price.

After all this, I will then try to make sense of the making profit part by using the market to buy and sell.

Thanks in advance.

[DebitMe]

I am trying to find the ToS for the UMISOO contract if anyone knows where they are?  I still am not showing any blocks found under the blocks tab and it seems like my balance is being updated once a day based on a PPS model which I don't think is correct.  I thought if the contract was over 100% maintenance/payout ratio it would go into PPS mode for 10 days then be done.

Can anyone provide a link to the ToS for me?

Thanks

[wlefever]

I am trying to find the ToS for the UMISOO contract if anyone knows where they are?  I still am not showing any blocks found under the blocks tab and it seems like my balance is being updated once a day based on a PPS model which I don't think is correct.  I thought if the contract was over 100% maintenance/payout ratio it would go into PPS mode for 10 days then be done.

Can anyone provide a link to the ToS for me?

Thanks

Just look under transactions and it shows up once a day for UMISOO

[DebitMe]

I am trying to find the ToS for the UMISOO contract if anyone knows where they are?  I still am not showing any blocks found under the blocks tab and it seems like my balance is being updated once a day based on a PPS model which I don't think is correct.  I thought if the contract was over 100% maintenance/payout ratio it would go into PPS mode for 10 days then be done.

Can anyone provide a link to the ToS for me?

Thanks

Just look under transactions and it shows up once a day for UMISOO

But why and why is it being paid on a PPS basis instead of a block by block basis?  Shouldn't we be getting paid whenever a block comes out?  Also, why did UMISOO find one more block yesterday then the other hash types?

[Wings1987]

The switched to PPS when the price dropped in April. This also happened for a few days back in Jan/Feb. Once maint/payout was under 90% they switched back to PPLNS. Not sure why they haven't switched back yet. I asked on Hashtalk and didn't get an answer.

[Tupsu]

S5 not coming online.

I paid from S5 miner 2015-07-06 06:47:47 1.56517267 ฿ .

Today, over more than 72 hours miner status is still - Shipping.

Does that mean that your page is broken ?

[drawer]

hi, somebody can tell mi how to payout btc in Umisoo rewards ? On Umisoo stats payout is growing but isn't add to my wallet... any ideas ?