HASHNEST Discussion and Support Thread

[BBHex]

if i put my GHs in sell order, will it continue mining or it will only stop when somebody already buy my sell order?

[pumawolf]

if i put my GHs in sell order, will it continue mining or it will only stop when somebody already buy my sell order?

it  will cont  mining for u   until it is sold

[shield132]

What is hashnest going to do? Halving will be in 2 hour and it will be good if they add antminer 9 on market soon because antminer 7 will be almost unusable.

Is now anyone buying gh's on hashnest?

[dhampir-D]

What is the situation of the S7?

[ps_jb]

What is the situation of the S7?

There is very small change in price on S7 market

No big changes on Stocks too

[dhampir-D]

What is the situation of the S7?

There is very small change in price on S7 market

No big changes on Stocks too

Thank you for the informations. Following the events.

[dwarrel]

I did a small, simple rudimentary calculation.

I'm a small-time cloudminer. (Really small-time.) I have 78 GH in Hashnest S7 power. Now here's what I see:

With antpool's current hashrate, in the last 3 blocks (the first 3 after the halving) I got paid BTC 0.00000294 per block. This breaks even on maintenance costs for my hashpower when a block takes about 60 minutes. Given the fact that on the current hashrate Antpool reveals a little over 30 blocks per 24 hours (consistently over the last 4 days), according to blockchain.info/pols, my preliminary conclusion is that mining using s7 on Hashnest is still profitable, albeit very marginal compared to what it used to be before the halving.

P.S. I believe this is not a function of the total hashrate, because if the hashrate drops, obviously the amount of blocks per day will drop as well, but the earnings per GH should increase proportionally, as there are less miners in the pool to share with. Obviously this changes when the difficulty increases, but given the fact that S7 miners are supposed to be amongst the most efficient ASICs, I really don't see how the difficulty would increase dramatically after the halving, as I believe a lot of miners will stop hashing.

I also remember reading rumours about the S9 getting into Hashnest early next week, but I can't find the reference. I believe it was somewhere on reddit. (I understand, as this is my first post on the forum, I don't have a lot of credibility to make a statement like this, but let's just say I am not associated with Bitmain/Hashnest in any way.)

[ps_jb]

I did a small, simple rudimentary calculation.


With antpool's current hashrate, in the last 3 blocks (the first 3 after the halving) I got paid BTC 0.00000294 per block. This breaks even on maintenance costs for my hashpower when a block takes about 60 minutes.

P.S. I believe this is not a function of the total hashrate

Great job!

In September when you will start new school year (I think 5-6th grade) you will learn wonderful things like percentage etc - that will really help you to switch from simple rudimentary calculation to real high quality ones

[dwarrel]

Great job!

In September when you will start new school year (I think 5-6th grade) you will learn wonderful things like percentage etc - that will really help you to switch from simple rudimentary calculation to real high quality ones

Thanks for the compliment! I would love to brush up on whatever relevant stuff they taught me those 35 years ago. Unfortunately, as a CFO of a successful e-commerce business, I can't find the time...

I don't remember exactly which phase in my education taught me that based on such a small sample (both blocks and hash rate in my case) spending more than 60 seconds on a calculator could be considered a waste of time, but I remember that as a great time of my life, and every time I encounter a great mind that is still looking forward to that stage of development, I feel warm and fuzzy again.

On topic: I'll make a more in-depth attempt when I know a few more reliable numbers. And because you're such a fine fellow, I'll throw in some tasty percentages.

Cheers!

[BBHex]

Market is not moving again and i am not recieving any shares from previous blocks found. Anyone else having the same problem?

[ps_jb]

On topic: I'll make a more in-depth attempt when I know a few more reliable numbers. And because you're such a fine fellow, I'll throw in some tasty percentages.

Cheers!

Cheers and good luck!

I hope that you did not find my post offensive (it was kinda a joke)

[bones261]

It would have been nice if Bitmain updated the Maintanence/payout algorithm. I hope no noobs actually think the maintenance cost is projected to be about 37% right now.

[wlefever]

It would have been nice if Bitmain updated the Maintanence/payout algorithm. I hope no noobs actually think the maintenance cost is projected to be about 37% right now.

Decent size order that probably thinks its still 37% maintenance  

Code:

Bid(2)	0.00012400	  32994 Ǥ	4.09125600

[pandalion98]

What's up with the market? Is it frozen?

[BBHex]

What's up with the market? Is it frozen?

yes it is for about 4hours now and i am not recieving any income from mined blocks hours ago. i don't know what is happening and when it all be fixed.

[bapparabi]

not sure what happened  i see i have not received any block payment fidn by ant pool also most alst 15 block earnign is not added in account ..i have 4600 ths ..do that mean i am not out of market , that i am no more profitable to mine here ??

not sure after halving they have added 3 block payment after that no block earning is added ot my account 

http://prntscr.com/bqzwhz

but when i can see the ant pool i can see they mined more then 15 more block after this ..which is not added to my account ..

http://prntscr.com/bqzwul

can you guys tell me if this problem is only for me or for all its happening

[BBHex]

not sure what happened  i see i have not received any block payment fidn by ant pool also most alst 15 block earnign is not added in account ..i have 4600 ths ..do that mean i am not out of market , that i am no more profitable to mine here ??

not sure after halving they have added 3 block payment after that no block earning is added ot my account  

http://prntscr.com/bqzwhz

but when i can see the ant pool i can see they mined more then 15 more block after this ..which is not added to my account ..

http://prntscr.com/bqzwul

can you guys tell me if this problem is only for me or for all its happening

check again, it is all fixed now, i recieved my earnings in my account and the market is moving just normal now. maybe they just had some maintenance

EDIT: paid only upto block 400025 and there are currently 12 unpaid blocks

[bapparabi]

guys part over .. Maintenance/Payout(PPS) 73.54 % ...until more efficient hardware come in to hasnest there no worth to mine

[sbtctalk]

guys part over .. Maintenance/Payout(PPS) 73.54 % ...until more efficient hardware come in to hasnest there no worth to mine

Users will be dumping their hashes soon. But there isn't other hashes in the market apart from S7.

[BBHex]

guys part over .. Maintenance/Payout(PPS) 73.54 % ...until more efficient hardware come in to hasnest there no worth to mine

Users will be dumping their hashes soon. But there isn't other hashes in the market apart from S7.

Dumping has happened, from 13k~ satoshi to around 8k and now at 11k~ satoshi per gh. Personally i am still holding with my hashing power, even little it is still an income compared to my coins sitting on my wallet