HASHNEST Discussion and Support Thread

[freeone]

The btc withdrawal issue is bad, one tx unconfirmed for 4 days now, and a new one was sent with a very low fee as well:

Fees    0.0000168 BTC
Fee per byte    6.747 sat/B

While the withdrawal fee is 0.0004 btc on your website.

This is a real problem right now, please fix this!

Ok both transaction confirmed, still 4 days is way too long to wait!

     I agree. The customer pays 40000 sats and Bitmain only uses 1680 sats to pay the fee. This is outrageous. Do you happen to know which pool finally included the block? Chances are good that it was one of Bitmain's pools. If so, they got to pocket the whole 40k sats and you got to wait four days. This makes Walmart's lines look like a customer service dream in comparison.  

None of the blocks was mined by Antpool, but it's urgent, this should be fixed, I was about to pay $18 to accelerate the transaction with another pool.

They should charge some fee extra as they have to move your coins into cold storage. However, I don't see why companies like this can't use dynamic fees or ask people to manually se their own fees themselves (with a recommended fee as an autofill)...

Indeed dynamic fee would be the best solution to use, they should use fee estimation built in bitcoin core (estimatesmartfee).

[dyask]

The btc withdrawal issue is bad, one tx unconfirmed for 4 days now, and a new one was sent with a very low fee as well:

Fees    0.0000168 BTC
Fee per byte    6.747 sat/B

While the withdrawal fee is 0.0004 btc on your website.

This is a real problem right now, please fix this!

Ok both transaction confirmed, still 4 days is way too long to wait!

     I agree. The customer pays 40000 sats and Bitmain only uses 1680 sats to pay the fee. This is outrageous. Do you happen to know which pool finally included the block? Chances are good that it was one of Bitmain's pools. If so, they got to pocket the whole 40k sats and you got to wait four days. This makes Walmart's lines look like a customer service dream in comparison.  

Agreed ... they are nicking us in a lot of places, the fee to transfer should go 100% to the moving the transaction.   

[hashnest]

Hello!

We would like thank everyone for their feedback and suggestions with regards to the withdrawal fee. We will definitely take them into consideration and are working on improving the withdrawal fees already.

Also, about GRIN, yes the risks are higher as opposed to its short estimated ROI and profitability. BUT!! Grin prices have been going up.

Perhaps it’s time to get one unit and try out yourselves!

On other side note, StrongU U6 is sold out! Thanks everyone for the support. Next batch will coming out soon. We will keep you all posted.

[dyask]

Also, about GRIN, yes the risks are higher as opposed to its short estimated ROI and profitability. BUT!! Grin prices have been going up.

When you don't own any Grin, the price going up isn't a good metric because more mining will start up and the difficultly increases meaning you will mine fewer coins.  

Also if you are really pushing Grin miners, you might start by putting up the correct units.   It is GPS (Graphs per Second) not GHS.   This can be verified at https://www.innosilicon.com/html/grin-miner/index.html

[hashnest]

Also, about GRIN, yes the risks are higher as opposed to its short estimated ROI and profitability. BUT!! Grin prices have been going up.

When you don't own any Grin, the price going up isn't a good metric because more mining will start up and the difficultly increases meaning you will mine fewer coins.  

Also if you are really pushing Grin miners, you might start by putting up the correct units.   It is GPS (Graphs per Second) not GHS.   This can be verified at https://www.innosilicon.com/html/grin-miner/index.html

Hey! Thanks for letting us know. We will rectify the hashrates unit now.

What is you say is true. We believe most people here are concerned about the mining difficulties of GRIN and U6 once they are all released. At the same time we cannot deny that price going up is quite an attraction.

[hashnest]

Hi everyone!

Just mentioning it again: StrongU’s U6, that mines Dash coin, is SOLD OUT yesterday! A big thank you for your kind support.



If you had missed it, don’t be disheartened. New batch is available today, 21 May 2019. Don’t miss your second chance! Buy them here: https://www.hashnest.com/hash_currencies/47/shop

The new price is US$1699. Hashrates will be credited in 90 days from your date of purchase.

Happy mining!

Hashnest

[hashnest]

Dear Users，
 
Fifth batch of Z11 is sold out. Thank you all for your kind support.



New batch of S17 and S15 will be released in early June. Order will be on first come first serve basis. Don't miss out!
 
Happy mining!
Hashnest

[mercedes321]

so guys,..is it mining going good at hasahnest?,..whats the average profit per some miner S15, or S17, or ZEC,...whats bothering you the most, besides no crypto vs miner exchanghe (with exception only S15)??

just one more more push to 8.8k-9.4K, and i come to mining, like i promised, then we go to tha moon

[hashnest]

so guys,..is it mining going good at hasahnest?,..whats the average profit per some miner S15, or S17, or ZEC,...whats bothering you the most, besides no crypto vs miner exchanghe (with exception only S15)??

just one more more push to 8.8k-9.4K, and i come to mining, like i promised, then we go to tha moon

Hey! Thank you for your interest in Hashnest.

If you want to try cloudmining but are still unsure, we encourage you join our Telegram group for starters! There we have members who actively discuss about the profitability and ROI. The goods and the bads. Listen to what they have to say!

Join here: https://t.me/joinchat/KWHaAEj0jcDkTd-lC1t66A

We welcome you!

[dyask]

so guys,..is it mining going good at hasahnest?,..whats the average profit per some miner S15, or S17, or ZEC,...whats bothering you the most, besides no crypto vs miner exchanghe (with exception only S15)??

just one more more push to 8.8k-9.4K, and i come to mining, like i promised, then we go to tha moon

Well over the last 7 days the S15 earned just a bit over 0.00003 BTC / TH / day.   However if the price of BTC keeps going up, that amount will go down.   If difficulty increased by 100%, only about 1/2 would be made.  Also there were three very high luck days in that week.   That doesn't happen every week.   

Currently it is taking over 200 days to mine to break even.   0.0066 / 0.00003 / day = 220 days

[mercedes321]

220 days is good,.. i just wish they put L4 or L5 mining, bcs its the only crypto that is in (crazy bull run /btc too),...last time i had 25 L3,..then the crypto winter came,  ...but i am so tempted to try again, yestewrday, i almost did, but the ltc being to bulish, i went pumping it one more time...so next take profit will go into mining ...

how do you guys wait miners to arrive till august,..o my good, so late delivery,...never seen such late delivery, i guess they really have miners outside of china, which is very good, 1 risk less

thanks hashnest, ill might join,...

[PeaMine]

220 days is good,.. i just wish they put L4 or L5 mining, bcs its the only crypto that is in (crazy bull run /btc too),...last time i had 25 L3,..then the crypto winter came,  ...but i am so tempted to try again, yestewrday, i almost did, but the ltc being to bulish, i went pumping it one more time...so next take profit will go into mining ...

how do you guys wait miners to arrive till august,..o my good, so late delivery,...never seen such late delivery, i guess they really have miners outside of china, which is very good, 1 risk less

thanks hashnest, ill might join,...

I still run an L3 as it's profitable.
Is there a L4 or L5 available? I couldn't find any info on it.

[hashnest]

S15 will be restocked on Saturday, 1 June 2019 at around UTC+8 12:00 PM.

Price: USD 1388

Hashrates will be credited in 10 days from the date of your purchase. Coupons cannot be used to purchase this batch of S15.

All detailed information will be available on 1 June 2019 at Hashnest official website. Limited stocks only so fastest fingers first and happy shopping!

Cheers! 🥳

[PeaMine]

S15 will be restocked on Saturday, 1 June 2019 at around UTC+8 12:00 PM.

Price: USD 1388

Hashrates will be credited in 10 days from the date of your purchase. Coupons cannot be used to purchase this batch of S15.

All detailed information will be available on 1 June 2019 at Hashnest official website. Limited stocks only so fastest fingers first and happy shopping!

Cheers! 🥳

Pretty good deal, comes out to around 0.00585 a TH at current price, way below the current market trading price of 0.0066

[DebitMe]

Hashnest, are there any plans to release a PACMiC type investment again in the future?  I really enjoyed an investment that was less risk and more stable than mining, but still had the nice returns that the PACMiC was able to offer.

[PeaMine]

I noticed a jump in the Maintenance/Patout ratio for the S15 but not as much for the S17 after the new stock was added, more than the small difficulty jump and exchange value has stayed the same since I last checked.  It seems the watt per TH values are higher than what Bitmain has listed.
"7.1 Hashnest charge customers a fixed maintenance fee (including electricity and management fee) of US$0.075 per KWH. Electricity usage is calculated based on the figures given for each machine on Bitmain official website."
S17 Pro is listed at Power: 46.0W/THS though on Bitmain's website they are Turbo 45 J/TH Standard 39.5 J/TH, I assume Standard(Normal) mode is used as you are given 50TH from the shop, so these are quite a bit higher.
S15 is listed as Power: 60.7143W/THS and on Bitmain's website they are 57 J/TH
Was curious why this is.
I was also curious if PPS or PPLNS were being used, as currently transaction fee payout is quite high, averaging 13.80 BTC per block or around 10% bonus.
I seem to be on PPS as my Payout Total(BTC) and Maintenance(BTC) come to 34.9% which is much higher than the stated Maintenance/Payout(PPS) average I have been collecting(mid 20s past few weeks thanks to the high price of btc)

Other than that no complaints! Great service you have been running for many years.

[mercedes321]

S15 will be restocked on Saturday, 1 June 2019 at around UTC+8 12:00 PM.

Price: USD 1388

Hashrates will be credited in 10 days from the date of your purchase. Coupons cannot be used to purchase this batch of S15.

All detailed information will be available on 1 June 2019 at Hashnest official website. Limited stocks only so fastest fingers first and happy shopping!

Cheers! 🥳

Is it already sold OUT?..
that was fast fingers 

[dyask]

S15 will be restocked on Saturday, 1 June 2019 at around UTC+8 12:00 PM.

Price: USD 1388

Hashrates will be credited in 10 days from the date of your purchase. Coupons cannot be used to purchase this batch of S15.

All detailed information will be available on 1 June 2019 at Hashnest official website. Limited stocks only so fastest fingers first and happy shopping!

Cheers! 🥳

Is it already sold OUT?..
that was fast fingers 

It sold out in less than two hours.   There were 40 units, I went out for lunch and when I got back there were 0 units. 

[mercedes321]

S15 will be restocked on Saturday, 1 June 2019 at around UTC+8 12:00 PM.

Price: USD 1388

Hashrates will be credited in 10 days from the date of your purchase. Coupons cannot be used to purchase this batch of S15.

All detailed information will be available on 1 June 2019 at Hashnest official website. Limited stocks only so fastest fingers first and happy shopping!

Cheers! 🥳

Is it already sold OUT?..
that was fast fingers 

It sold out in less than two hours.   There were 40 units, I went out for lunch and when I got back there were 0 units. 

ehhh,..what a demand, now we have only dash miners in august and S17 for preety high price,.. or market ...hmmmm

[PeaMine]

I noticed a jump in the Maintenance/Patout ratio for the S15 but not as much for the S17 after the new stock was added, more than the small difficulty jump and exchange value has stayed the same since I last checked.  It seems the watt per TH values are higher than what Bitmain has listed.
"7.1 Hashnest charge customers a fixed maintenance fee (including electricity and management fee) of US$0.075 per KWH. Electricity usage is calculated based on the figures given for each machine on Bitmain official website."
S17 Pro is listed at Power: 46.0W/THS though on Bitmain's website they are Turbo 45 J/TH Standard 39.5 J/TH, I assume Standard(Normal) mode is used as you are given 50TH from the shop, so these are quite a bit higher.
S15 is listed as Power: 60.7143W/THS and on Bitmain's website they are 57 J/TH
Was curious why this is.
I was also curious if PPS or PPLNS were being used, as currently transaction fee payout is quite high, averaging 13.80 BTC per block or around 10% bonus.
I seem to be on PPS as my Payout Total(BTC) and Maintenance(BTC) come to 34.9% which is much higher than the stated Maintenance/Payout(PPS) average I have been collecting(mid 20s past few weeks thanks to the high price of btc)

Other than that no complaints! Great service you have been running for many years.

Just an update, seems like something is wrong on Hashnest's site in regards to maintenance fees.  Price of BTC to USD has gone up, yet so has the Maintenance/Payout(PPS) which is now up to 37.31% from just yesterday's 34.9%.  Both of these are after the small difficulty jump that happened a few days ago so something must be wrong.
This is also higher than the BCH S15 fee of 35.9, which doesn't make sense as currently BCH mining is less profitable than BTC by a small margin.