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Author Topic: HASHNEST Discussion and Support Thread  (Read 625100 times)
Truthchanter
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June 10, 2018, 02:54:57 PM
 #5261

I sent them a question through support asking if the hashnest s7 redemption units each come with a power supply or no

Please let me know if you guys found out anything
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jackg
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June 10, 2018, 03:42:33 PM
 #5262

I sent them a question through support asking if the hashnest s7 redemption units each come with a power supply or no

Please let me know if you guys found out anything

I might check their website and facebook/twitter to see if anything comes up. Let us know what the answer is, lets hope you get a reply before Friday!

jackg
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June 10, 2018, 07:04:45 PM
 #5263

I'm getting mixed signals.
https://enforum.bitmain.com/bbs/topics/4014 - says no but they asked them quite while ago.

It was also asked here somewhere [according to a google search] and the S2s apparently came with a psu.

TCW003
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June 11, 2018, 09:49:15 AM
 #5264

I worked out I can get 8 shipped to me for ~$760, I assume the PSUs are probably worth about $50 at least and the s7s will probably sell for $50-100?

How sure are you that these even come with PSU's??

I was assuming they didn't come with PSU

They better had. It's like saying how do we know they come with the signal cables, the control computers... Hopefully they do, they're still parts of the miner.

Note their official facebook reply, PSU is not included.

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coolionn0
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June 13, 2018, 08:11:03 AM
 #5265

my invested is 11 BTC the payout is 2btc, and when i bought GHs was 0.00006 (10.2017)
and now is 0.000016. And if i want to recover my btc, from 11btc i get only 4 Btc
Why need to loose so much? why it is very down the price of GHs, please answer me and help me i need to know if will be ok in the future. Thanks
jackg
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June 13, 2018, 09:53:39 AM
 #5266

my invested is 11 BTC the payout is 2btc, and when i bought GHs was 0.00006 (10.2017)
and now is 0.000016. And if i want to recover my btc, from 11btc i get only 4 Btc
Why need to loose so much? why it is very down the price of GHs, please answer me and help me i need to know if will be ok in the future. Thanks

The maintenance has rocketed recently as Bitcoin plumited.
I don't think it's actually possible for Bitcoin to fall in a general sense so just wait for it to rise and the market value will go up. You'll still get profit from it if you continue mining and hopefully you'll roi before redemption.

Seast
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June 13, 2018, 10:08:10 AM
 #5267

my invested is 11 BTC the payout is 2btc, and when i bought GHs was 0.00006 (10.2017)
and now is 0.000016. And if i want to recover my btc, from 11btc i get only 4 Btc
Why need to loose so much? why it is very down the price of GHs, please answer me and help me i need to know if will be ok in the future. Thanks

The difficulty rises too fast. I think it is not possible to get back your 11 BTC.
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June 13, 2018, 11:11:24 AM
 #5268

my invested is 11 BTC the payout is 2btc, and when i bought GHs was 0.00006 (10.2017)
and now is 0.000016. And if i want to recover my btc, from 11btc i get only 4 Btc
Why need to loose so much? why it is very down the price of GHs, please answer me and help me i need to know if will be ok in the future. Thanks

My deepest condolences. You should always do a research before you invest. There is no way to recover your investment, sorry. Sad New asics are coming out, so difficulty is rising steadily.
coolionn0
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June 13, 2018, 02:12:50 PM
 #5269

But is possible to rise up  the price of GHs?
jackg
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June 13, 2018, 02:34:53 PM
 #5270

But is possible to rise up  the price of GHs?

Yes. When bitcoins price rises for a sustained amount of time.

coolionn0
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June 13, 2018, 04:46:30 PM
 #5271

But is possible to rise up  the price of GHs?

Yes. When bitcoins price rises for a sustained amount of time.


i hope, from 11BTC now is 3.47 Sad in December all my btc was about $160k, and now is about $30k
jackg
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June 13, 2018, 05:34:05 PM
 #5272

But is possible to rise up  the price of GHs?

Yes. When bitcoins price rises for a sustained amount of time.


i hope, from 11BTC now is 3.47 Sad in December all my btc was about $160k, and now is about $30k

I doubt it's going to fall any lower than it currently has.

Before the start of the price surge to about 16k, the S7s had maintenenace of 75% (when I bought them quite cheaply) and then that went back down to ~40% maintenance so it is possible this one will happen in a similar way.

mercedes321
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June 13, 2018, 07:23:58 PM
 #5273

after 1 month of waiting i bought 350mhs of L3, 24 H and no blocked mined, do you get payout for L3...?
jackg
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June 13, 2018, 08:54:00 PM
 #5274

after 1 month of waiting i bought 350mhs of L3, 24 H and no blocked mined, do you get payout for L3...?

My last earning was: 2018-06-12 17:35:58

So I guess there's nothing for today, they should sort it though I presume.

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June 14, 2018, 10:33:20 PM
 #5275

i moved out and open ticket, whats the point of having hash and no mining, and will there be S11, that would be nice.
bones261
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June 14, 2018, 10:46:22 PM
 #5276

i moved out and open ticket, whats the point of having hash and no mining, and will there be S11, that would be nice.


I have the feeling that Bitmain is going to phase out the cloud mining. I have had that feeling ever since they paid out their last Pacmic contract a year ago. You will probably have to just buy the S11 outright and mine from home if you want to mine. Which is a real pain because many of those machines are quite loud and are not suitable for home.
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June 15, 2018, 03:07:26 AM
 #5277

i moved out and open ticket, whats the point of having hash and no mining, and will there be S11, that would be nice.


I have the feeling that Bitmain is going to phase out the cloud mining. I have had that feeling ever since they paid out their last Pacmic contract a year ago. You will probably have to just buy the S11 outright and mine from home if you want to mine. Which is a real pain because many of those machines are quite loud and are not suitable for home.

Yes it's too loud to place them at home. Better choice you can host them in mining farms.
Hashnest is also the best choice in cloud mining platforms.

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coolionn0
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June 15, 2018, 04:37:36 PM
 #5278

I lost all my btc?? Cost btc - 11 BTC  Hashrate GHs - 245677 , i purchased when was 0.00006 and now is 0.00001 , what can i do? Need to wait or is gone all my btc Sad
jackg
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June 15, 2018, 05:26:30 PM
 #5279

I lost all my btc?? Cost btc - 11 BTC  Hashrate GHs - 245677 , i purchased when was 0.00006 and now is 0.00001 , what can i do? Need to wait or is gone all my btc Sad

How much is mining earning prr day?
And it'll go back up when Bitcoins price dies. You realise that when you invest money in something your return is not 100% guaranteed, there's a slim chance you could lose everything but it's very unlikely.

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June 15, 2018, 05:36:07 PM
 #5280

I lost all my btc?? Cost btc - 11 BTC  Hashrate GHs - 245677 , i purchased when was 0.00006 and now is 0.00001 , what can i do? Need to wait or is gone all my btc Sad

Unfortunately, I do not see much chance of you being able to recoup all of your 11 BTC. The price of Bitcoin seems to be trending down and the hashrate and bitcoin difficulty still seems to be trending upward. A couple of your options are to liquidate now and recover your 2.45 BTC, or you can hold and mine all the way to the bitter end. However, I suspect that you will not be able to mine more than 2.45 BTC before it becomes unprofitable. Once the fee exceeds 100% for 10 days, you will be able to redeem the 19 S9 ASICS, if you wish. But I doubt that the used ASICS, which will no longer be profitable, are going to be worth much by then for you to try and sell on E-bay. Also, if you do redeem the ASICS, you will be expected to pay for the shipping and the taxes. It may not be worth your while to redeem.


How much is mining earning prr day?
And it'll go back up when Bitcoins price dies. You realise that when you invest money in something your return is not 100% guaranteed, there's a slim chance you could lose everything but it's very unlikely.

The S9 hash on hashnest is no longer working as a hedge against the falling price of BTC. In the same time frame that BTC went from $8xxx USD to $6xxx USD, the price of S9 hashrate has gone down from ~ 6k sats to approximately 1k sats. The S9 is getting close to being made obsolete. Faster more efficient ASICS are already coming out by the end of the year, if not sooner.


Edit: I apologize that I am being such a Debbie Downer on this. But I made the mistake of holding on too long. I am looking at losing about 1.5 million sats on the S9 hash and about 20 LTC on the L3 hash. Although, if I calculated this based on USD value, I may have fared better. However, clearly it would have been better for me to just HODL the BTC and LTC in this case.
Since hashnest is clearly the best deal when it comes cloud mining, I would recommend to anybody that cloud mining is a bad idea. I believe the people that went into the Pacmic contracts managed to make some gains, although they were kind of small. I also believe that people that initially bought the S9 and L3 when they were new and then sold early also profited. However, at this stage of the game, it appears this is a losing proposition. I also feel strongly that Bitmain will be phasing Hashnest out. I don't see any new opportunities with Hashnest.
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