wlefever
Legendary
Offline
Activity: 1173
Merit: 1001
|
|
December 02, 2015, 03:08:01 PM |
|
When btc was around $300 the s7 maintance was 24% now its $360~ and its just dropped to 22%?!? btw if price go down to $250 its goes up to 30-35-40%
What does that tell you? Since they re basically the only ones in the market with proven mining operations, they can do whatever they want. They don't manually change the maintenance fees. You do realize that the difficulty has gone up just under 20% since btc was at $300? Imagine if btc price goes to $250 like you mention, and the difficulty keeps rising between 8-12% for 4 more periods. Then you're looking at the S7 being the only miner in Hashnest not under water, but not because Bitmain fixed it that way.
|
|
|
|
megatron1337
Member
Offline
Activity: 84
Merit: 10
★777Coin.com★ Fun BTC Casino!
|
|
December 02, 2015, 11:59:11 PM |
|
If I buy some ghs from the hashnest market,am I mining for a lifetime or do I have it for a defined period of time?
|
|
|
|
DebitMe
Legendary
Offline
Activity: 2786
Merit: 1011
Get Paid Crypto To Walk or Drive
|
|
December 03, 2015, 12:09:40 AM |
|
If I buy some ghs from the hashnest market,am I mining for a lifetime or do I have it for a defined period of time?
You are buying hash based on some chip that they have. Each hash type they have available has a certain maintenance fee. When it becomes unprofitable to run, the hash stops working for you, and after a certain period it is done for good. You then have the option to have the actual unit mailed to you for a fee.
|
|
|
|
megatron1337
Member
Offline
Activity: 84
Merit: 10
★777Coin.com★ Fun BTC Casino!
|
|
December 03, 2015, 12:12:08 AM |
|
If I buy some ghs from the hashnest market,am I mining for a lifetime or do I have it for a defined period of time?
You are buying hash based on some chip that they have. Each hash type they have available has a certain maintenance fee. When it becomes unprofitable to run, the hash stops working for you, and after a certain period it is done for good. You then have the option to have the actual unit mailed to you for a fee. There is a market tab and you can buy various amounts of ghs, say I buy 500ghs from the s5 market tab
|
|
|
|
DebitMe
Legendary
Offline
Activity: 2786
Merit: 1011
Get Paid Crypto To Walk or Drive
|
|
December 03, 2015, 12:59:18 AM |
|
If I buy some ghs from the hashnest market,am I mining for a lifetime or do I have it for a defined period of time?
You are buying hash based on some chip that they have. Each hash type they have available has a certain maintenance fee. When it becomes unprofitable to run, the hash stops working for you, and after a certain period it is done for good. You then have the option to have the actual unit mailed to you for a fee. There is a market tab and you can buy various amounts of ghs, say I buy 500ghs from the s5 market tab Is that a question? Not sure what your asking.
|
|
|
|
megatron1337
Member
Offline
Activity: 84
Merit: 10
★777Coin.com★ Fun BTC Casino!
|
|
December 03, 2015, 01:11:37 AM |
|
If I buy some ghs from the hashnest market,am I mining for a lifetime or do I have it for a defined period of time?
You are buying hash based on some chip that they have. Each hash type they have available has a certain maintenance fee. When it becomes unprofitable to run, the hash stops working for you, and after a certain period it is done for good. You then have the option to have the actual unit mailed to you for a fee. There is a market tab and you can buy various amounts of ghs, say I buy 500ghs from the s5 market tab Is that a question? Not sure what your asking. You haven't really answered my question to start off with but it's fine. I am buying hash from the market tab from people who are selling some of their ghs so why would bitmain mail me the unit for a fee?
|
|
|
|
DebitMe
Legendary
Offline
Activity: 2786
Merit: 1011
Get Paid Crypto To Walk or Drive
|
|
December 03, 2015, 01:18:47 AM |
|
If I buy some ghs from the hashnest market,am I mining for a lifetime or do I have it for a defined period of time?
You are buying hash based on some chip that they have. Each hash type they have available has a certain maintenance fee. When it becomes unprofitable to run, the hash stops working for you, and after a certain period it is done for good. You then have the option to have the actual unit mailed to you for a fee. There is a market tab and you can buy various amounts of ghs, say I buy 500ghs from the s5 market tab Is that a question? Not sure what your asking. You haven't really answered my question to start off with but it's fine. I am buying hash from the market tab from people who are selling some of their ghs so why would bitmain mail me the unit for a fee? Did you read my initial answer, perhaps you don't understand what your really buying? If you don't understand that perhaps read the ToS of what you are buying. They can be found under the "Shop" tab. If you have more questions about how it works after reading that you can post again and we can explain it more.
|
|
|
|
megatron1337
Member
Offline
Activity: 84
Merit: 10
★777Coin.com★ Fun BTC Casino!
|
|
December 03, 2015, 03:37:34 AM |
|
If I buy some ghs from the hashnest market,am I mining for a lifetime or do I have it for a defined period of time?
You are buying hash based on some chip that they have. Each hash type they have available has a certain maintenance fee. When it becomes unprofitable to run, the hash stops working for you, and after a certain period it is done for good. You then have the option to have the actual unit mailed to you for a fee. There is a market tab and you can buy various amounts of ghs, say I buy 500ghs from the s5 market tab Is that a question? Not sure what your asking. You haven't really answered my question to start off with but it's fine. I am buying hash from the market tab from people who are selling some of their ghs so why would bitmain mail me the unit for a fee? Did you read my initial answer, perhaps you don't understand what your really buying? If you don't understand that perhaps read the ToS of what you are buying. They can be found under the "Shop" tab. If you have more questions about how it works after reading that you can post again and we can explain it more. so what you are saying,based on your initial answer,is that when i am buying ghs from their market tab,i am buying the ghs from bitmain directly and not from a client who is selling ghs?
|
|
|
|
DebitMe
Legendary
Offline
Activity: 2786
Merit: 1011
Get Paid Crypto To Walk or Drive
|
|
December 03, 2015, 04:31:26 AM |
|
If I buy some ghs from the hashnest market,am I mining for a lifetime or do I have it for a defined period of time?
You are buying hash based on some chip that they have. Each hash type they have available has a certain maintenance fee. When it becomes unprofitable to run, the hash stops working for you, and after a certain period it is done for good. You then have the option to have the actual unit mailed to you for a fee. There is a market tab and you can buy various amounts of ghs, say I buy 500ghs from the s5 market tab Is that a question? Not sure what your asking. You haven't really answered my question to start off with but it's fine. I am buying hash from the market tab from people who are selling some of their ghs so why would bitmain mail me the unit for a fee? Did you read my initial answer, perhaps you don't understand what your really buying? If you don't understand that perhaps read the ToS of what you are buying. They can be found under the "Shop" tab. If you have more questions about how it works after reading that you can post again and we can explain it more. so what you are saying,based on your initial answer,is that when i am buying ghs from their market tab,i am buying the ghs from bitmain directly and not from a client who is selling ghs? You are buying GH/s from another user who had bought it from Hashnest at some point. Hashnest runs the units and makes the payments everytime a block is found. When the units are no longer profitable to run, Hashnest will ship you a unit (if you have enough GH/s to constitute a full unit) for a fee.
|
|
|
|
megatron1337
Member
Offline
Activity: 84
Merit: 10
★777Coin.com★ Fun BTC Casino!
|
|
December 03, 2015, 04:42:54 AM |
|
If I buy some ghs from the hashnest market,am I mining for a lifetime or do I have it for a defined period of time?
You are buying hash based on some chip that they have. Each hash type they have available has a certain maintenance fee. When it becomes unprofitable to run, the hash stops working for you, and after a certain period it is done for good. You then have the option to have the actual unit mailed to you for a fee. There is a market tab and you can buy various amounts of ghs, say I buy 500ghs from the s5 market tab Is that a question? Not sure what your asking. You haven't really answered my question to start off with but it's fine. I am buying hash from the market tab from people who are selling some of their ghs so why would bitmain mail me the unit for a fee? Did you read my initial answer, perhaps you don't understand what your really buying? If you don't understand that perhaps read the ToS of what you are buying. They can be found under the "Shop" tab. If you have more questions about how it works after reading that you can post again and we can explain it more. so what you are saying,based on your initial answer,is that when i am buying ghs from their market tab,i am buying the ghs from bitmain directly and not from a client who is selling ghs? You are buying GH/s from another user who had bought it from Hashnest at some point. Hashnest runs the units and makes the payments everytime a block is found. When the units are no longer profitable to run, Hashnest will ship you a unit (if you have enough GH/s to constitute a full unit) for a fee. Ok it's all making sense now Thanks alot buddy!
|
|
|
|
crazyivan
Legendary
Offline
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
|
|
December 03, 2015, 07:19:56 AM |
|
If I buy some ghs from the hashnest market,am I mining for a lifetime or do I have it for a defined period of time?
It does make any difference. NEW PEOPLE, pls READ ABOUT HOW MINING DIFFICULTY WORKS. In about a year, two max, your hash ll be worthless, due to mining diff increase so it does not matter if your hash is for 2 years or lifetime.
|
|
|
|
galdur
|
|
December 03, 2015, 07:56:56 AM |
|
I was in this for a few months earlier but gave up. Nothing to do with the service, it was fine. Just too much work and time to eke out a profit. It isn´t enough to earn payouts you also need to preserve the capital. The obvious approach was to sell tops and buy more hash lower. But that meant some idle cash that didn´t mine while waiting for a buying opportunity. It was a speculation. This was before S7, maybe things are different now. Anyway, eventually I got tired of this and got out with a modest profit.
|
|
|
|
arorts
|
|
December 03, 2015, 08:21:25 AM |
|
Is Hashnest down? I get only scrambled, partial web page stuff displayed.
|
|
|
|
skuser
|
|
December 03, 2015, 06:20:20 PM |
|
I was in this for a few months earlier but gave up. Nothing to do with the service, it was fine. Just too much work and time to eke out a profit. It isn´t enough to earn payouts you also need to preserve the capital. The obvious approach was to sell tops and buy more hash lower. But that meant some idle cash that didn´t mine while waiting for a buying opportunity. It was a speculation. This was before S7, maybe things are different now. Anyway, eventually I got tired of this and got out with a modest profit.
Just sell if the ROI goes over 180-200 days and buy back when it goes under 160-180. That worked for me recently. However you'll have to live with the fact that sometimes you can't have any hashes purchased for week or two Of course that ROI period has to be shorter and shorter in time due halving approaching quickly.
|
|
|
|
|
syndria
|
|
December 04, 2015, 02:49:12 AM |
|
What is that? Hashnest is working fine to me. After seeing your post i tried to log in my account and no problems encountered at all.
|
|
|
|
BITMAIN_Lunna
Newbie
Offline
Activity: 46
Merit: 0
|
|
December 04, 2015, 04:25:02 AM |
|
Is Hashnest down? I get only scrambled, partial web page stuff displayed.
hi,please try it again , Our engineer is already solved the problem. Please check it . Best regards
|
|
|
|
galdur
|
|
December 04, 2015, 05:10:50 AM |
|
I was in this for a few months earlier but gave up. Nothing to do with the service, it was fine. Just too much work and time to eke out a profit. It isn´t enough to earn payouts you also need to preserve the capital. The obvious approach was to sell tops and buy more hash lower. But that meant some idle cash that didn´t mine while waiting for a buying opportunity. It was a speculation. This was before S7, maybe things are different now. Anyway, eventually I got tired of this and got out with a modest profit.
Just sell if the ROI goes over 180-200 days and buy back when it goes under 160-180. That worked for me recently. However you'll have to live with the fact that sometimes you can't have any hashes purchased for week or two Of course that ROI period has to be shorter and shorter in time due halving approaching quickly. Yeah, the trading was fun and the trollbox was good. I´ll probably check it out again in the new year when I have more time to tend to it.
|
|
|
|
syndria
|
|
December 04, 2015, 11:50:20 AM |
|
Yeah, the trading was fun and the trollbox was good. I´ll probably check it out again in the new year when I have more time to tend to it.
What is good with the trollbox? For almost a week all ive seen was a guy spamming and trolling and putting up links consecutively
|
|
|
|
galdur
|
|
December 04, 2015, 11:58:47 AM |
|
Yeah, the trading was fun and the trollbox was good. I´ll probably check it out again in the new year when I have more time to tend to it.
What is good with the trollbox? For almost a week all ive seen was a guy spamming and trolling and putting up links consecutively How the heck should I know what´s good about the trollbox presently? If you spend fifteen seconds on reading what you´re trying to respond to, you´ll maybe figure out why I used the term Was
|
|
|
|
|