Kepariy
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Activity: 29
Merit: 0
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April 16, 2016, 08:41:04 PM |
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I understand there are people using miners as heaters. I wonder what are the electricity consumption rates compared to a real heater.
People use miners as heaters to reduce energy costs. I am afraid that the mining rigs will never be more cost-effective than conventional heating, but of course it depends on the method of heating and local prices. If you can make some profit from the mining, or even very little profit. The miners will be more cost effective. |
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NeilLostBitCoin
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April 17, 2016, 01:04:22 AM |
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Some says that Hashnest cannot be trusted, any opinions? They had media exposure now. Please guide me.
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bones261
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Activity: 1806
Merit: 1827
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April 17, 2016, 01:41:51 AM |
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Some says that Hashnest cannot be trusted, any opinions? They had media exposure now. Please guide me.
I think they are OK in the respectability department. However, none of the cloudmining products they offer at the moment has much of a chance to be profitable due to the bitcoin halving event that will happen around Julyish. I would wait until Bitmain offers a better product, backed by a more efficient ASIC farm. |
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Salmen
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Activity: 1059
Merit: 1020
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April 17, 2016, 02:23:32 PM |
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Some says that Hashnest cannot be trusted, any opinions? They had media exposure now. Please guide me.
Hashnest is one of the legit cloud mining provider. They ran over two (or maybe three) years. Aside of other cloud mining provider, you won't get your ROI because of the market price and the payout. |
Young Developer amidst Europe. Specialized in Web Programming and Creating Telegram Bots. Looking for a developer? Feel free to drop a mail to me. Running JaguarBitcoin - Your Place For Scripts |
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fullzero
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Activity: 1260
Merit: 1009
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April 17, 2016, 09:02:37 PM |
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Since August 2014
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biggbox
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April 27, 2016, 04:34:40 PM |
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I understand there are people using miners as heaters. I wonder what are the electricity consumption rates compared to a real heater.
People use miners as heaters to reduce energy costs. I am afraid that the mining rigs will never be more cost-effective than conventional heating, but of course it depends on the method of heating and local prices. I understand there are people using miners as heaters. I wonder what are the electricity consumption rates compared to a real heater.
I am assuming that you meant; are they as effective at heating for the same power draw. They are almost exactly the same, no one should be running a space heater. I understand Japanese families have some heating elements on the grounds of their homes. I wonder if it could be heated by the heat generated from miners. Haha. |
1Cr9iLWm2dSGH8259VQd2wDzpkR63jGVjW
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ps_jb
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April 27, 2016, 04:48:01 PM |
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I understand Japanese families have some heating elements on the grounds of their homes. I wonder if it could be heated by the heat generated from miners. Haha.
Yes you can. Efficiency (electricity-to-heat) will be around 30% |
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daniele_83
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April 27, 2016, 08:15:28 PM |
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Some says that Hashnest cannot be trusted, any opinions? They had media exposure now. Please guide me.
check here about trust -> https://bitcointalk.org/index.php?topic=878387.0and about the profitability, you get 100 days brekeven period if you buy an A7 so after 75 days you may incur in a little break. |
Truffacoin l'ho denunciato alla polizia di stato per diffamazione, lui ancora non ne ha risposto. Allora quello che c'è scritto qua è vero http://truffacoineunatruffa.com
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ps_jb
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April 27, 2016, 11:53:22 PM |
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and about the profitability, you get 100 days brekeven period if you buy an A7 so after 75 days you may incur in a little break.
It is not true You will need ~6 month with the same difficulty and BTC price as it is right now |
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densuj
Legendary
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Activity: 910
Merit: 1000
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April 28, 2016, 05:58:56 AM |
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I think hashnest must adds its services cloud mining not bitcoin only. But add ethereum or another alt coins who profitable. Even if that is rent only. But it is just my suggest
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lenoli
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April 28, 2016, 07:29:07 AM |
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I think hashnest must adds its services cloud mining not bitcoin only. But add ethereum or another alt coins who profitable. Even if that is rent only. But it is just my suggest
i think they cannot add other coins just so easy, because they have real farm of antminers and they can mine only bitcoins. to mine other coins, they will need other pools and miners |
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daniele_83
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April 28, 2016, 11:43:34 AM
Last edit: April 28, 2016, 01:47:47 PM by daniele_83 |
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I think hashnest must adds its services cloud mining not bitcoin only. But add ethereum or another alt coins who profitable. Even if that is rent only. But it is just my suggest
i think they cannot add other coins just so easy, because they have real farm of antminers and they can mine only bitcoins. to mine other coins, they will need other pools and miners This is not going to be sustainable for long if BitCoin price wont rocket to the stars... what hashnest is going to do about that? |
Truffacoin l'ho denunciato alla polizia di stato per diffamazione, lui ancora non ne ha risposto. Allora quello che c'è scritto qua è vero http://truffacoineunatruffa.com
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ps_jb
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April 28, 2016, 05:14:09 PM |
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what hashnest is going to do about that?
What Hashnest is doing - and very effectively: making a super profit Sometimes - when the interests of Hashnest coincide with ours, we also get some profit Alts are crap and money vote against investing in it |
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daniele_83
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April 28, 2016, 08:22:28 PM |
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Agree I believe in HashNest,I just wonder before investing if they are going to provide a better equipment bargain to deal with the bitcoin halving countdown, which will allow user to still profit by hashing.
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Truffacoin l'ho denunciato alla polizia di stato per diffamazione, lui ancora non ne ha risposto. Allora quello che c'è scritto qua è vero http://truffacoineunatruffa.com
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ps_jb
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April 28, 2016, 09:13:57 PM |
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Agree I believe in HashNest,I just wonder before investing if they are going to provide a better equipment bargain to deal with the bitcoin halving countdown, which will allow user to still profit by hashing.
I'm not the Hashnest, but I can answer you: no, they will not provide a better bargain neither on equipment nor on anything else They will charge +150% to new equipment. They will get a profit from a) mining with new equipment b) selling this new equipment to customers c) selling hash power to customers d) percentage from trading with hashpower Your profit is out of Hashnest interest - it is only your business. |
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daniele_83
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April 28, 2016, 10:32:37 PM |
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what's the business in never reaching brekeven?
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Truffacoin l'ho denunciato alla polizia di stato per diffamazione, lui ancora non ne ha risposto. Allora quello che c'è scritto qua è vero http://truffacoineunatruffa.com
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DebitMe
Legendary
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Activity: 2800
Merit: 1011
Get Paid Crypto To Walk or Drive
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April 28, 2016, 11:51:13 PM |
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what's the business in never reaching brekeven?
There shouldn't be, but the markets are not rational and people will overspend even though everything points to non profitability. |
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bones261
Legendary
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Activity: 1806
Merit: 1827
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April 29, 2016, 12:04:37 AM |
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Who's hiding all of the 16nm ASICS? I can't seem to find any available for sell. Is Bitfury using them for their own farm and not sharing? Also, does Bitmain have one and isn't sharing with us? Or is the 16 NM just a myth? I think it sucks if these big ASIC manufacturers are just keeping the new technology to themselves and don't release to us little guys until the difficulty is risen sky high, and we have little or no chance to ROI. Where is the spirit of decentralization? Guess Satoshi didn't think corporations would be such hogs!
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aleandromagno
Legendary
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Activity: 1323
Merit: 1000
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April 29, 2016, 12:21:19 AM |
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How the hell price of S5 is growing up??? from few days i have zero profit from this sh*t!
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densuj
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Activity: 910
Merit: 1000
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April 29, 2016, 03:11:59 AM |
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I think hashnest must adds its services cloud mining not bitcoin only. But add ethereum or another alt coins who profitable. Even if that is rent only. But it is just my suggest
i think they cannot add other coins just so easy, because they have real farm of antminers and they can mine only bitcoins. to mine other coins, they will need other pools and miners Although it is will difficult they must add other coins if they wanna growing more up their service. It is busineses and that needs innovation |
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