hashie
Full Member
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Activity: 322
Merit: 100
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
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October 28, 2014, 03:08:01 AM |
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We've received a few questions about what if maintenance fees exceed payouts.
When maintenance fees exceed payouts, we will convert existing miners into new generations with lower power consumption, and hence lower maintenance fees. The conversion rate might not be 1:1, but Hashie miners will last and earn payouts (in BTC, not store credit) forever.
-Sahra
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t96
Newbie
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Activity: 28
Merit: 0
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October 28, 2014, 03:18:18 AM |
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Any update on the market release?
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ellave
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October 28, 2014, 03:25:51 AM |
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We've received a few questions about what if maintenance fees exceed payouts.
When maintenance fees exceed payouts, we will convert existing miners into new generations with lower power consumption, and hence lower maintenance fees. The conversion rate might not be 1:1, but Hashie miners will last and earn payouts (in BTC, not store credit) forever.
-Sahra
As if anyone would try to pull a stunt like that.......
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lionheart78
Legendary
Offline
Activity: 2898
Merit: 1152
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October 28, 2014, 04:04:24 AM |
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We've received a few questions about what if maintenance fees exceed payouts.
When maintenance fees exceed payouts, we will convert existing miners into new generations with lower power consumption, and hence lower maintenance fees. The conversion rate might not be 1:1, but Hashie miners will last and earn payouts (in BTC, not store credit) forever.
-Sahra
As if anyone would try to pull a stunt like that....... lol there is one ^^, if i remember it right XD but im not telling lol
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monnecon
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Activity: 70
Merit: 10
★777Coin.com★ Fun BTC Casino!
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October 28, 2014, 06:24:56 AM |
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I think you still have to buy at least 1 paid miner to get a withdrawal, right?
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Searing
Copper Member
Legendary
Offline
Activity: 2898
Merit: 1464
Clueless!
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October 28, 2014, 06:29:23 AM |
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I think you still have to buy at least 1 paid miner to get a withdrawal, right?
last I looked it was 20gh or 2 miners for a total of something at $4.90 of $9.80 usd total to get your 10gh free..plug 30gh in a calculator (with your 1/3 free at that rate as consideration) and see what you get best I can tell I'd be lucky to get 1/2 of that $9.80 back (at least at 350 usd btc) and it would never ROI so it goes with cloud based stuff....usd to btc would have to go up a bit for you to make $$ on this and if that is the case you shoulda/coulda just have bought BTC anyway ....and pay them NO FEE then of course hiding money ...from wife or whatever maybe this is a workable solution imho
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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galdur
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October 28, 2014, 06:40:09 AM |
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I think you still have to buy at least 1 paid miner to get a withdrawal, right?
last I looked it was 20gh or 2 miners for a total of something at $4.90 of $9.80 usd total to get your 10gh free..plug 30gh in a calculator (with your 1/3 free at that rate as consideration) and see what you get best I can tell I'd be lucky to get 1/2 of that $9.80 back (at least at 350 usd btc) and it would never ROI so it goes with cloud based stuff....usd to btc would have to go up a bit for you to make $$ on this and if that is the case you shoulda/coulda just have bought BTC anyway ....and pay them NO FEE then of course hiding money ...from wife or whatever maybe this is a workable solution imho Clearly this idiot is [[[clueless]]] about compound interest.
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Searing
Copper Member
Legendary
Offline
Activity: 2898
Merit: 1464
Clueless!
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October 28, 2014, 06:43:39 AM |
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I think you still have to buy at least 1 paid miner to get a withdrawal, right?
last I looked it was 20gh or 2 miners for a total of something at $4.90 of $9.80 usd total to get your 10gh free..plug 30gh in a calculator (with your 1/3 free at that rate as consideration) and see what you get best I can tell I'd be lucky to get 1/2 of that $9.80 back (at least at 350 usd btc) and it would never ROI so it goes with cloud based stuff....usd to btc would have to go up a bit for you to make $$ on this and if that is the case you shoulda/coulda just have bought BTC anyway ....and pay them NO FEE then of course hiding money ...from wife or whatever maybe this is a workable solution imho Clearly this idiot is [[[clueless]]] about compound interest. hmmm...since i resemble the above remark compound interest? enlighten me....all i see is for 9.80 usd I get 30gh (with 10gh tossed in) I run the various calcs on such take out the hashie fee for mining such...and i never seem to get the 9.80 back i invested as per ROI now I could do the above to for humanitarian reasons (help the network by diversifying) or I like the graphs...or i need to launder my gambling winnings but don't see with difficulty rises how to ROI..if I am incorrect please enlighten me
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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galdur
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October 28, 2014, 06:49:01 AM |
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I think you still have to buy at least 1 paid miner to get a withdrawal, right?
last I looked it was 20gh or 2 miners for a total of something at $4.90 of $9.80 usd total to get your 10gh free..plug 30gh in a calculator (with your 1/3 free at that rate as consideration) and see what you get best I can tell I'd be lucky to get 1/2 of that $9.80 back (at least at 350 usd btc) and it would never ROI so it goes with cloud based stuff....usd to btc would have to go up a bit for you to make $$ on this and if that is the case you shoulda/coulda just have bought BTC anyway ....and pay them NO FEE then of course hiding money ...from wife or whatever maybe this is a workable solution imho Clearly this idiot is [[[clueless]]] about compound interest. hmmm...since i resemble the above remark compound interest? enlighten me....all i see is for 9.80 usd I get 30gh (with 10gh tossed in) I run the various calcs on such take out the hashie fee for mining such...and i never seem to get the 9.80 back i invested as per ROI now I could do the above to for humanitarian reasons (help the network by diversifying) or I like the graphs...or i need to launder my gambling winnings but don't see with difficulty rises how to ROI..if I am incorrect please enlighten me That crap hanging from you is stinking up the place. Better get rid of it or nobody will so much as give you the time of the day.
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Searing
Copper Member
Legendary
Offline
Activity: 2898
Merit: 1464
Clueless!
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October 28, 2014, 06:55:25 AM |
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I think you still have to buy at least 1 paid miner to get a withdrawal, right?
last I looked it was 20gh or 2 miners for a total of something at $4.90 of $9.80 usd total to get your 10gh free..plug 30gh in a calculator (with your 1/3 free at that rate as consideration) and see what you get best I can tell I'd be lucky to get 1/2 of that $9.80 back (at least at 350 usd btc) and it would never ROI so it goes with cloud based stuff....usd to btc would have to go up a bit for you to make $$ on this and if that is the case you shoulda/coulda just have bought BTC anyway ....and pay them NO FEE then of course hiding money ...from wife or whatever maybe this is a workable solution imho Clearly this idiot is [[[clueless]]] about compound interest. hmmm...since i resemble the above remark compound interest? enlighten me....all i see is for 9.80 usd I get 30gh (with 10gh tossed in) I run the various calcs on such take out the hashie fee for mining such...and i never seem to get the 9.80 back i invested as per ROI now I could do the above to for humanitarian reasons (help the network by diversifying) or I like the graphs...or i need to launder my gambling winnings but don't see with difficulty rises how to ROI..if I am incorrect please enlighten me That crap hanging from you is stinking up the place. Better get rid of it or nobody will so much as give you the time of the day. ah i struck a nerve...MATH is not your strong suit....sorry about that have fun with you cloud hashing.....just pointing out the obvious by using any online btc calculator
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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galdur
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October 28, 2014, 07:01:44 AM |
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Go peddle your crap elsewhere you freakin moron. Bye, bye.
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Searing
Copper Member
Legendary
Offline
Activity: 2898
Merit: 1464
Clueless!
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October 28, 2014, 07:21:12 AM |
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Go peddle your crap elsewhere you freakin moron. Bye, bye.
peddle? that would mean I was selling something...just pointing out the obvious..... you use this service you are mining for fun not ROI ...any calc will tell you the same independent of me now if they gave away 10gh say for 2 months no strings perhaps they would get some folk to jump in under that method ...feel obligated even if the math did not work I'd even probably match that just again for fun etc...but 10gh for free but you have to buy 20gh to get 10gh under the current plan don't fly..again unless for fun give us BTC at 500 or 600 usd at these prices I may say different...you'd still be better off buying coin but some justification imho at that point if for no other reason to diversify the network ...again not so much at 350 usd btc you got your viewpoint of the price/gh here I have mine time will tell as to my hashtag....GAW is pretty much in the same boat...but they so far are breaking even or making ROI now I think at 350 usd that may likely change and I may have to dump this tagline as well for the same reasons on here BUT so far it is squeaking along ..because they lower fee over time and other issues...but yeah all cloud mining has these issues...be careful do the math...and figure out if you are doing it for fun roi or what.....difficulty has had a way in the past of coming along and bitting you in the butt just at that month you were MAYBE gonna make ROI either thru cloud mining or home mining...them days may be gone ....don't trust me or anyone ....keep track do the math imho all the clarity you need
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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galdur
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October 28, 2014, 08:05:52 AM |
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Good riddance.
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hashie
Full Member
Offline
Activity: 322
Merit: 100
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
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October 28, 2014, 11:11:52 AM |
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I think you still have to buy at least 1 paid miner to get a withdrawal, right?
Correct -Sahra
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jorgeferpas
Newbie
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Activity: 5
Merit: 0
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October 28, 2014, 12:44:43 PM |
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Hello Sahra, I am very interested in purchasing hashie.co miners for a value of 1 BTC. As far as I can see, hashie.co seems to be a legit and trustworthy cloud mining provider. I've signed up for a free 10 GH/s miner a few days ago so I've already tested the service and I am very interested in purchasing many more GH's/s. However, I would like to know a bit more about the service: I've seen the maintenance fee is $0.002 per GH per day, which is automatically deducted from the payouts. This means a 10 GH/s miner has a $0,020 daily fee. Right now, that 10 GH/s miner is generating $0,037 per day. That's $0,057 less $0,020 (fee). However, the difficulty will be increasing and increasing over time, making each GH/s less profitable. But I also guess you will be making your miners more and more efficient over time, so they will be always profitable (that's the point). 1. Are my guesses correct? Our current maintenance fee schedule is dependent on the type ('Generation') and actual hashpower of your miners. 2. Assuming my guesses are correct, will you decrease the maintenance fees of your Generation 1 miner (the only available at the moment), or will you launch Generation 2 miner (more efficient, so with less maintenance fees)? Maybe both options? 3. If the fees of Generation 1 miner will not decrease, will customers be able to change Generation 1 miners for Generation 2 miners? (even if the change needs a little fee) Thank you in advance, Jorge
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hashie
Full Member
Offline
Activity: 322
Merit: 100
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
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October 28, 2014, 01:31:25 PM |
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Hi Jorge,
1) That is correct!
2) We don't anticipate the fees for a certain generation will decrease, as there shouldn't be any significant changes in the cost of maintenance.
3) When the maintenance fees exceed payouts, we will convert unprofitable generations to a profitable generation.
-Sahra
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jorgeferpas
Newbie
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Activity: 5
Merit: 0
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October 28, 2014, 01:48:39 PM |
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Hi Sahra, Thank you for your reply! I still have a question: 3) When the maintenance fees exceed payouts, we will convert unprofitable generations to a profitable generation. Will customers be able to request a generation convert before maintenance fees exceed payouts? (In order to convert a less profitable generation into a more profitable one - Even if a fee is applied in this specific case) Regards, Jorge
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PatrickStarr
Newbie
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Activity: 9
Merit: 0
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October 28, 2014, 02:17:47 PM |
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Good riddance.
Sorry, why are you bashing the other member for trying to point out good investment advice?
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hashie
Full Member
Offline
Activity: 322
Merit: 100
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
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October 28, 2014, 03:02:20 PM |
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Hi Sahra, Thank you for your reply! I still have a question: 3) When the maintenance fees exceed payouts, we will convert unprofitable generations to a profitable generation. Will customers be able to request a generation convert before maintenance fees exceed payouts? (In order to convert a less profitable generation into a more profitable one - Even if a fee is applied in this specific case) Regards, Jorge This is an interesting idea. It might be impractical due to the margins we are operating at, but when we get closer we'll look into this. -Sahra
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jorgeferpas
Newbie
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Activity: 5
Merit: 0
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October 28, 2014, 03:26:28 PM |
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This is an interesting idea. It might be impractical due to the margins we are operating at, but when we get closer we'll look into this. Yes, I know right now it might be impractical, but I am asking this looking into the future. Anyway, it's good to know your opinion about this and your disposition to look into this when the time will come. Thank you very much. Jorge
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