HASHNEST Discussion and Support Thread

[khonggianmang]

Hashnest can not renew the domain name for 10 years at a cost of 100 dollars because they do not understand the importance of domain names. Each year they only spent $ 10 for 1-year extension. Ridiculous. Currently they must wait 02 days can renew their domain names work proved too bureaucratic. Now, i can go to web by change dns, but I cannot withdraw. They delayed withdrawals.

Now, Can anyone withdraw ??

This is funny.
In early July, I wrote to the Support team, the expiration date of a domain is 27. They assured me that they know and that the domain will be extended. And what we have today? You see. For me it is not worthy of Hashnest or 1BTC. If they care about the domain, it just care about us. To see how they manipulate the price of the GHS. With 75% of the cost price ghs is 8500 - this is normal? No, this price is kept artificially. Try something to sell or buy at a different price - immediately appear competitive and staying locked.

Its legal scam from Bitmain

Name:   zjac76
Posts:   1
Activity:   0
Position:   Newbie
Date Registered:   Today at 02:23:06 PM
Last Active:   Today at 02:26:30 PM

I think you are scam, Bitmain no scam.

This is one big lesson in customer confidence for bitmain.

[khonggianmang]

Now, S7 price freefall.  ( 0.00008500   down to 0.0000700000). May be it will down continue....

[dwarrel]

This is funny.
In early July, I wrote to the Support team, the expiration date of a domain is 27. They assured me that they know and that the domain will be extended. And what we have today? You see. For me it is not worthy of Hashnest or 1BTC. If they care about the domain, it just care about us. To see how they manipulate the price of the GHS. With 75% of the cost price ghs is 8500 - this is normal? No, this price is kept artificially. Try something to sell or buy at a different price - immediately appear competitive and staying locked.

Its legal scam from Bitmain

No, it's not. The price was 14000 before the halving, when it happened, it almost immediately dropped to around 7000, and after that stabilized at 8500. This is classic market behaviour. Draw up a fibo, and you'll see it's well within range. I'm a bit surprised, I would expect it to drop a bit more, as the maintenance percentage doubled from 37.5 to 75%, one would expect the price to at least stabilize at 7000.

Also, hashnest is still selling s7 units for considerably more than the market GHS value, on the same maintenance plan. Now, if they were out to scam you, why wouldn't they simply get rid of the market and sell you shares of those machines for the advertised price?

I agree that the maintenance fee on hashnest is relatively high, but I see it as paying a premium for a trustworthy (and according to the 101 thread the only really legit) hash farm in the universe and surrounding areas.

Are they steep? Absolutely. Are they stupid (for losing their domain?) I'd say so. But calling them scammers just because they're steep, a bit stupid (and apparently because of your unsubstantiated claims that they manipulate the market) just makes it look pretty obvious to me that you don't know what you're talking about.

Now, S7 price freefall.  ( 0.00008500   down to 0.0000700000). May be it will down continue....

Oh, COOL!!! Do the miners still work? Then it's probably because of the outage, and I might take on a risky investment.

[khonggianmang]

This is funny.
In early July, I wrote to the Support team, the expiration date of a domain is 27. They assured me that they know and that the domain will be extended. And what we have today? You see. For me it is not worthy of Hashnest or 1BTC. If they care about the domain, it just care about us. To see how they manipulate the price of the GHS. With 75% of the cost price ghs is 8500 - this is normal? No, this price is kept artificially. Try something to sell or buy at a different price - immediately appear competitive and staying locked.

Its legal scam from Bitmain

No, it's not. The price was 14000 before the halving, when it happened, it almost immediately dropped to around 7000, and after that stabilized at 8500. This is classic market behaviour. Draw up a fibo, and you'll see it's well within range. I'm a bit surprised, I would expect it to drop a bit more, as the maintenance percentage doubled from 37.5 to 75%, one would expect the price to at least stabilize at 7000.

Also, hashnest is still selling s7 units for considerably more than the market GHS value, on the same maintenance plan. Now, if they were out to scam you, why wouldn't they simply get rid of the market and sell you shares of those machines for the advertised price?

I agree that the maintenance fee on hashnest is relatively high, but I see it as paying a premium for a trustworthy (and according to the 101 thread the only really legit) hash farm in the universe and surrounding areas.

Are they steep? Absolutely. Are they stupid (for losing their domain?) I'd say so. But calling them scammers just because they're steep, a bit stupid (and apparently because of your unsubstantiated claims that they manipulate the market) just makes it look pretty obvious to me that you don't know what you're talking about.

Now, S7 price freefall.  ( 0.00008500   down to 0.0000700000). May be it will down continue....

Oh, COOL!!! Do the miners still work? Then it's probably because of the outage, and I might take on a risky investment.

Currently prices are unstable or weak demand. I advise you to invest when prices were stable on hashnest or more people together to buy, present a very high selling pressure remains

[petahashminer]

all is back to normal, cloudhashing, trade sell buy, deposit withdraw back to normal..

nothing to worry.

[ps_jb]

all is back to normal, cloudhashing, trade sell buy, deposit withdraw back to normal..

nothing to worry.

As it was always.

I do not understand the zoo and circus newbies performed here

[lumeire]

all is back to normal, cloudhashing, trade sell buy, deposit withdraw back to normal..

nothing to worry.

The thing with these guys is they do badly in terms of communication with their customers. Other than the usual worry of not getting replied at with regards to tickets everything if fairly okay.

[Xanidas]

anyone here got some news on when hashnest will add s9 on the market? s7 market is not generating good profits even pool's luck is above the average

[ps_jb]

anyone here got some news on when hashnest will add s9 on the market? s7 market is not generating good profits even pool's luck is above the average

There is no official info on it

Based on analysis of price and difficulty - maybe in September

[JessicaG]

anyone here got some news on when hashnest will add s9 on the market? s7 market is not generating good profits even pool's luck is above the average

There is no official info on it

Based on analysis of price and difficulty - maybe in September

Perhaps the S9's aren't hitting the internal markets (yet), due to their S7's being the most successful product: Once S9's hashes would be offered, quite a big chunk of S7's if not all, could become obsolete rather quick. But that's just pure speculation. Personally, I like it that the S9's are not being offered on the internal market, and are thus far only sold 'externally' 

[dwarrel]

LOL! Someone definitely made a profit during the outage. In a 30 minute period, 350TH was bought on the market, bringing the price back up to 8400.

The good news – for now – is that 4 days from now the difficulty is expected to drop by about 7%, which will likely decrease the maintenance cost for some time. (source: https://bitcoinwisdom.com/bitcoin/difficulty). Also, when the S9 hits the market, I think people want to get rid of their S7 in favour of the S9, so I believe the S7 is going to be cheap as hell while still proftiable to use. I bought my lot around 8400, if I can sell it for 9000 before then, I'll do it, otherwise I'll just hang on to it until it goes out of profit.

The bad news obviously is that due to the diff decrease, S7 will be even slightly more successful, which may postpone the S9 getting introduced in Hashnest even further.

[ps_jb]

LOL! Someone definitely made a profit during the outage. In a 30 minute period, 350TH was bought on the market, bringing the price back up to 8400.

The good news – for now – is that 4 days from now the difficulty is expected to drop by about 7%, which will likely decrease the maintenance cost for some time. (source: https://bitcoinwisdom.com/bitcoin/difficulty). Also, when the S9 hits the market, I think people want to get rid of their S7 in favour of the S9, so I believe the S7 is going to be cheap as hell while still proftiable to use. I bought my lot around 8400, if I can sell it for 9000 before then, I'll do it, otherwise I'll just hang on to it until it goes out of profit.

The bad news obviously is that due to the diff decrease, S7 will be even slightly more successful, which may postpone the S9 getting introduced in Hashnest even further.

Your analysis is about right. The only wrong from my point of view in this equation is buying hashes which are 74% efficient.

To be honest I sold all of mine at 85 price, because for ~2 weeks I've got only 0.2BTC while hash price dropped from 100 to 85.

So I recommend you to do the same - selling today will save your investment

[pandalion98]

Any updates on their domain name/DNS problem? I don't see any changes in their Facebook page.

I'm getting really spooked. I'm worried that this might trigger a price drop.

[Bitcoinbro]

anyone here got some news on when hashnest will add s9 on the market? s7 market is not generating good profits even pool's luck is above the average

There is no official info on it

Based on analysis of price and difficulty - maybe in September

I think they will launch it in august. It's strange it's not even there yet, because the miners is been sold for weeks now.
Maybe bitmain is mining first to test it, and then add its to their market.

[zjac76]

anyone here got some news on when hashnest will add s9 on the market? s7 market is not generating good profits even pool's luck is above the average

There is no official info on it

Based on analysis of price and difficulty - maybe in September

I think they will launch it in august. It's strange it's not even there yet, because the miners is been sold for weeks now.
Maybe bitmain is mining first to test it, and then add its to their market.

I think that they have long (since sold S9) are plugged S9 and we expect electricity as the S7.
Factory excavator is not in his mine of modern equipment? I do not believe it.

[khonggianmang]

Any updates on their domain name/DNS problem? I don't see any changes in their Facebook page.

I'm getting really spooked. I'm worried that this might trigger a price drop.

Domain has been renew, Now, hashnest run normal. Don't worry ! ...

[ps_jb]

Any updates on their domain name/DNS problem? I don't see any changes in their Facebook page.

I'm getting really spooked. I'm worried that this might trigger a price drop.

Why are you scared? Are you top shareholder? Price drop of what? Hashes, BTC, oil?

[khonggianmang]

Yes.

Hash increase or decrease depending on Bitcoin prices, due to the difficulty ... No matter which expired domain name prices vary. 

[ImHash]

I don't think they will ever add s9 cloud hash, they are just profiting for themselves.

[Xanidas]

I don't think they will ever add s9 cloud hash, they are just profiting for themselves.

Hopefully the case is not like that or they will probably lose some of their loyal customers specially if the return of investment is too slow with the s7. I personally waiting for the s9 to be released coz i already sold my s7 powers after the halving