QUOTE(Leon be here now @ Jul 12 2017, 01:36 PM)
first of all thanks raynman for intoducing to us all these deals, I see you have alread help lots of people invest in cloud mining including me.
These open market price of L3,
Just read the T&C but have few question:
-I assume you buy Hashrate contract with no end date, similar to Genesis?
-Or do you actually buy the old 2nd hand Machine? what if it breaks down in 90days?
T&C states:
"If mining farms may no longer continue operating due to change in legal status, war, earthquake, fire, electricity failure, or other acts of God, Hashnest does not assume responsibility for compensation"
Meaning if they say their factory got burn down after a month coz if shitty electricity wiring, they will not compensate, Im assume they dont disclose where the miner is located?
What happens to your 90MHS? and 29LTC?
Using your example
Hashate MHS 90
Cost LTC 29.7698
Payout Total LTC 0.42032576
Maintenance LTC 0.0121640
My calculations are as follow:
your 90MHS consumes 144 Watt (L3 is 250mhs with 400watt)
us0.07 electric and maintenance fee per kw/h
Units per month 104
USD per day 0.24192 fee ?
USD per month 7.25 fee
But your screen shows
Maintenance LTC 0.0121640 which is about USD 0.52 ???
even if you divide 0.52 by 3 days since you run its still USD0.173?
You are too calculative than me... walao... It is very hard to proceed further if you count this.These open market price of L3,
Just read the T&C but have few question:
-I assume you buy Hashrate contract with no end date, similar to Genesis?
-Or do you actually buy the old 2nd hand Machine? what if it breaks down in 90days?
T&C states:
"If mining farms may no longer continue operating due to change in legal status, war, earthquake, fire, electricity failure, or other acts of God, Hashnest does not assume responsibility for compensation"
Meaning if they say their factory got burn down after a month coz if shitty electricity wiring, they will not compensate, Im assume they dont disclose where the miner is located?
What happens to your 90MHS? and 29LTC?
Using your example
Hashate MHS 90
Cost LTC 29.7698
Payout Total LTC 0.42032576
Maintenance LTC 0.0121640
My calculations are as follow:
your 90MHS consumes 144 Watt (L3 is 250mhs with 400watt)
us0.07 electric and maintenance fee per kw/h
Units per month 104
USD per day 0.24192 fee ?
USD per month 7.25 fee
But your screen shows
Maintenance LTC 0.0121640 which is about USD 0.52 ???
even if you divide 0.52 by 3 days since you run its still USD0.173?
I never go into such detailed analysis. The most important ratio for me is the ROI and breakeven.
I wonder why you wanna go to calculate the electricity fee and the maintenance since it is beyond your control and you can't go to talk with Bitmain to tell them
hey, your price is expensive and can you reduce?
Jul 12 2017, 01:40 PM

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