HASHNEST Discussion and Support Thread

[petahashminer]

see for tomorrow, and day after tomorrow and day after after...

if it still shows 29% and 62% respectively , ok i am wrong. But no, this is just a simple math and it  cannot be wrong.

You couldn't predict 10 days ago the today's leap in difficulty. Last week everything was great. But you still can sell your hashpower and let it expire (likely for S7) or buy back at a cheaper price at some point (for S9).

lol did i tell anything about selling or buying anything?

i am telling that hashnest is manupulating the market and lying people by false stats, in their stats page. nothing more...

[Rogerdale]

lol did i tell anything about selling or buying anything?

i am telling that hashnest is manupulating the market and lying people by false stats, in their stats page. nothing more...

They don't lie. They just take average value for a period. When you look at the stock market, you can only see how it performed in the past, nobody will tell you the future. Yesterday and the day before maintenance for S9 was 24-28%, today it is 48%. Nobody knows what it will take tomorrow.

[Rogerdale]

i checked yearly chart of S7, and saw that a lot of GHS were bought way above then the current market trade, also if u order S7, and sell after 72 H of hash to market you loose 0.3BTC aprox.

I don't understand either why people still order Ant S7 for $370 (their number is stock desreases) whereas they can buy the hashrate at current market price with 30% discount.

Also I've just recalculated PPS payout for S9:

Current total hashrate: 2,812,940.6 TH/s
Blocks per day: 144
Average block reward: 13.5 BTC

So S9 revenue is 12.5 * (1 / 2,812,940.6) * 144 * 13.5 = 0.0086386467 BTC = 7.789 USD (at a rate 901.7).
S9 maintenance is 12.5 * 0.21 = 2.625 USD per day which means 33.74%.

Daily earnings 5.614 USD which is 0.3% (if Ant S9 price is $1699, current market price is 0.00015560 * 12500 * 901.7 = $1753.8, which is 3.2% higher).
Days to ROI: 303.

By the way, calculating maintenance ratio for Ant S7 is quite easy as it depends on the same ratio for S9. It is (0.445 / 0.21) * 33.74% = 71.5%.
Daily earnings for 4.86 THs of S7 hashpower are $0.8656.
Market price of the same hashpower is $256.8
Days to ROI: 297.

But if difficulty keeps increasing 15-18% per month as it did recently, S7 will go below trash level in 1.5-2 months, so they won't pay out unless BTC price surges.

[darklus123]

I never thought that it would take you more than month before you could recover your investments,  I only bought power on S9 for worth .002 but i only got .0003 for now

[Rogerdale]

I never thought that it would take you more than month before you could recover your investments,  I only bought power on S9 for worth .002 but i only got .0003 for now

With Hashnest you can recover your investments at any time - just sell your hashpower and get away with mining profit!

[ps_jb]

I think that now all noobs clear see that "profitable" calculations, which shown that S7 is better than S9 - were wrong

Guys, new technology is a new tech - invest your money wisely!

[Rogerdale]

I think that now all noobs clear see that "profitable" calculations, which shown that S7 is better than S9 - were wrong

Guys, new technology is a new tech - invest your money wisely!

S7s are now very close to 90%. 3 days out of 4 this week they climb over 80%.

[ps_jb]

S7s are now very close to 90%. 3 days out of 4 this week they climb over 80%.

It looks like we again in rally season - every 2 weeks >10% growth

[xbtman]

The price of S7 has been quiet steady the last few months, but I always try to sell and buy the hash for better prices, made some 0.05 btc on 2 weeks like that :p

What % is this if what you were investing or how much has were you buying and selling to get this?

[ps_jb]

What % is this if what you were investing or how much has were you buying and selling to get this?

You can get these number (~0.05BTC per 2 weeks) with 1BTC investment

[iefken]

The price of S7 has been quiet steady the last few months, but I always try to sell and buy the hash for better prices, made some 0.05 btc on 2 weeks like that :p

What % is this if what you were investing or how much has were you buying and selling to get this?

I had 0.6 btc spread over s7-s9 and just constantly bought and sold and best prices for a week or two, got out a day before major hash leap lol

[xbtman]

For whom it may be usefull, i made a hashnest profitability calculator that calculates your earnings based on all the CURRENT factors (global hashrate and bitcoin price)
http://www.thelazygainer.com/Tools/

dont mind the site too much, im still working on it :p

any advice tips and tricks for the site are welcome, i'm still learning :p

Can you allow one to adjust what the maintenance cost of s7 and s9 is? Thanks

[ps_jb]

Can you allow one to adjust what the maintenance cost of s7 and s9 is? Thanks

You can simply calculate maintenance fee as a percentage of your actual hashes

[iefken]

For whom it may be usefull, i made a hashnest profitability calculator that calculates your earnings based on all the CURRENT factors (global hashrate and bitcoin price)
http://www.thelazygainer.com/Tools/

dont mind the site too much, im still working on it :p

any advice tips and tricks for the site are welcome, i'm still learning :p

Can you allow one to adjust what the maintenance cost of s7 and s9 is? Thanks

May I just ask why? 'Cause it may change in future or so? Give me an hour or so, I'll add the option

EDIT: customizeable fee should be working

[sirazimuth]

S7 latest market price....   .00005105/ghs

S7 shop price...   .00008319/ghs (1 S7 unit .40431btc/4860ghs)

am i missing something or is the market price for S7 ghs
.000032/ghs cheaper than shop price?

 cant be bothered to math it out but that's a significant percentage diff.  whats up with that?

[iefken]

S7 latest market price....   .00005105/ghs

S7 shop price...   .00008319/ghs (1 S7 unit .40431btc/4860ghs)

am i missing something or is the market price for S7 ghs
.000032/ghs cheaper than shop price?

 cant be bothered to math it out but that's a significant percentage diff.  whats up with that?

Yes you are right, probably just a bunch of people that bought it at the beginning and now want to get rid of them... Anyone with a better answer can correct me :p

[ps_jb]

May I just ask why? 'Cause it may change in future or so? Give me an hour or so, I'll add the option

EDIT: customizeable fee should be working

Yes it will change in dependence to BTC price and difficulties - but in general formulae works

[darklus123]

I never thought that it would take you more than month before you could recover your investments,  I only bought power on S9 for worth .002 but i only got .0003 for now

With Hashnest you can recover your investments at any time - just sell your hashpower and get away with mining profit!

I see2, wait i think that it is a good idea however if we are going to wait the market price of the power also lowers down so i guess we still can't get the profit that we desire?

[Rogerdale]

I'm wondering why S7s still cost something at the market. People either don't bother doing math or want to get physical devices...

Below is the maintenance to payout ratio according to my Android app (can't find how to get these numbers via web site):

23.01 - 114.4% (may not be fully accurate because I sold 99% of my S7 hashpower this day)
24.01 - 67.74%
25.01 - 88.43%
26.01 - 84.72%
27.01 - 69.94%
28.01 - 110.09%
29.01 - 105.37%
30.01 - 59.44%
31.01 - 108.51%

Average value is 89.85%. I'm not sure when then they will go into redemption period, but that must be very close...

[Rogerdale]

With Hashnest you can recover your investments at any time - just sell your hashpower and get away with mining profit!

I see2, wait i think that it is a good idea however if we are going to wait the market price of the power also lowers down so i guess we still can't get the profit that we desire?

I don't know, but S9 price hit the record today, although the increasing difficulty shifted maintenance to 35-40% instead of 25-30% a month ago. 12.5 THs would cost 2 BTC on the market which is 12% higher than the price of the new devices sold by Hashnest (currently out of stock though), although 10 days ago when the devices were in stock, the market and stock prices were equal. But if the devices appear in stock unexpectedly, the price will fall 10% and people who buy the hashpower now on the market will lose 10% of their equity. And 10% is a month of mining, by the way.