ooo... but too bad L3+ is not tradeable via market.

I think they lump the L3 and L3+ under the same AntL3 plan.
The only difference is L3 has 250 MH/s and L3+ has 504 MH/s.
After all, they are selling only hashrate, NOT mining machines.

Of course they are selling the hashrate but they need to be backup by the machines in order to produce such hashpower and generate income from them.

If there is no machine to backup, hence it is ponzi scheme.

This post has been edited by jack2: Jul 15 2017, 10:01 AM

I don't think Bitmain will risk their reputation by running ponzi schemes in their backyard.

mind to share, how long its take to break even your current investment?

The top now is 0.5-0.6% daily ROI. Thus 100/0.55 = 182 days

assuming that you do not intend to resell the contract back to principal.

About $0.0635 per KWh

My calculations based on L3+...

800W +10% = 880W = 0.88KW
0.88KW x 24h = 21.12 KWh ....(1)

Maint fee assumes include power...it only makes sense because it scales to MHS

0.00266 $/MHS-d x 504MHS = $1.34 per day ...(2)

So from 1 & 2... 1.34/21.12 = 0.0635 $/KWh

This post has been edited by dwRK: Jul 15 2017, 12:56 PM

Such confidence.. You wouldnt know whats going on inside neither do we all until its publicly audited sure you are making money

Wooohooo just withdraw my first cloud mining coins hahhah. Waited for 14 days for the account hold because I inserted the wrong bitcoin address

This might be an unpopular opinion but personally, I feel that it is bad timing to be dumping all your resources into Hashnest, or any other cloud mining right now. Don't get me wrong though, I am totally for Hashnest, in fact, it is the only cloud mining that I'd invest in and I plan to in future. The thing is, with the current crash, it is only a matter of time until the market recovers (most likely after August 1st, or a few days before). And when that happens, you would not want most of your funds to be lying on mining contracts. The percentages of return would be nowhere close to the return you will be getting if, for example, you have your money parked at ETH, or ANS, or any of the top 15 coins. Obviously, there is no proven data that this will definitely happen, but if you're a believer in the potential of crypto like I am, you ought to believe that it will recover. Personally, I feel the best time to invest is after the recovery but hey, that's just me. Of course, you could also sell all your mining contracts right before market recovery and dump the money back into cryptos to have the best of both worlds (Hashest income and market recovery), provided that you can time it correctly.

Sorry if this might come as a FUD, I'm not trying to throw cold water here. Just staying objective. Hashnest is a very good investment nonetheless, if you're looking long term and wants to have peace of mind with passive incomes, by all means..

This post has been edited by dc_talkz: Jul 15 2017, 12:58 PM

You are thinking like a trader, but we are miners first. Generating coins is our first priority, not trading.

This is precisely why I created this spin-off cloud mining thread away from the main cryptocurrency trading thread.

Our objectives are very divergent, and it'll be chicken-and-duck talk when we converse.

Hashflare Lifetime Scrypt?

You don't have to invest In cloud mining if you are risk-adverse.
If we scared this scared that, and have no confidence in our due diligence, might as well put all your savings into FD.

Sorry, I meant $0.0027 per MH/s.

haha yeapp

I doubt the sifus here have dump all their money in...I'm sure some are waiting to dump more soon...

Some needs to get started for learning purposes...

Nothing wrong trying to save some cost...afterall need to get coins and timing horizon is imminent...

This post has been edited by dwRK: Jul 15 2017, 01:51 PM

Don't forget mining contracts are at least one year.
Most of us hold 2-year and lifetime contracts.
It is inevitable that we will be caught in a cyclical bear market.
The thing is, we didn't BUY coins to sell.
We GENERATE coins that we can hold until the bear hibernates, and the bull takes over.

I believe that it is everyone's priority to make money. I am not against either and so long that I can maximize profits, I'll adopt any methods, given that they are legal of course. I'm invested in mining too by the way. All this talks about mining vs trading is a bit childish don't you think? Unless of course, you see yourself as a mining Jedi above all else, then I'll gladly rest my case


And you basically just reiterated what I've said earlier. A little paradoxical to your earlier reply I must say.

This post has been edited by dc_talkz: Jul 15 2017, 02:01 PM