This post has been edited by dc_talkz: Jul 16 2017, 12:37 AM
Cloud Mining - Cryptocurrencies
Cloud Mining - Cryptocurrencies
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Jul 16 2017, 12:37 AM
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Junior Member
471 posts Joined: Jan 2008 |
Sial, don't know why double posted.
This post has been edited by dc_talkz: Jul 16 2017, 12:37 AM |
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Jul 16 2017, 12:42 AM
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Senior Member
9,132 posts Joined: Aug 2005 |
QUOTE(dc_talkz @ Jul 16 2017, 12:37 AM) Depends on which Cloud mining you're invested in. On Hashnest, it is a one off payment, you own the contract permanently until you decide to resell it on their market. On other cloud mining sites like Genesis mining or Hashflare, they are based on contract term. 1-2 years or even lifetime, depending which contract you're purchasing. Damn it, that make sense, stupid me Some contract are lifetime ( one off ), some one year Gonna calculate how much spare money I have and test water |
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Jul 16 2017, 01:25 AM
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Junior Member
30 posts Joined: May 2005 |
A question for Genesis Mining, if I invest USD100 into it for 2 years contract, what happens after 2 years contract ends? Do I still get back the USD100 or I can continue to get the payout generated even after 2 years?
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Jul 16 2017, 01:26 AM
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All Stars
21,457 posts Joined: Jul 2012 |
QUOTE(jack2 @ Jul 15 2017, 05:20 PM) Your nick has fx so I assume you are a trader. If any trader could generate more than 4% profit a month consistently will be a multimillionaire in no time or head hunted to work in new York and London.Some FX traders can generate more than 4% profit a month consistently. Why don't KFC or McD hire a team which consists of pro guys and analyze the market and get 5% a month will do rather than to operate the FB? This post has been edited by icemanfx: Jul 16 2017, 01:58 AM |
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Jul 16 2017, 02:04 AM
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All Stars
21,457 posts Joined: Jul 2012 |
QUOTE(dc_talkz @ Jul 16 2017, 12:37 AM) Depends on which Cloud mining you're invested in. On Hashnest, it is a one off payment, you own the contract permanently until you decide to resell it on their market. On other cloud mining sites like Genesis mining or Hashflare, they are based on contract term. 1-2 years or even lifetime, depending which contract you're purchasing. How long is lifetime contract? Lifetime of the mining equipment (3 to 10 years) or the investor (50+ years)? |
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Jul 16 2017, 02:27 AM
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Senior Member
1,213 posts Joined: Apr 2007 |
QUOTE(icemanfx @ Jul 16 2017, 01:26 AM) If any trader could generate more than 4% profit a month consistently will be a multimillionaire in no time or head hunted to work in new York and London. I guess it's only fair to say that all that fixed n months breakeven thing is possible only if mining difficulty/price stays stagnant which is rarely the case.It's wildly volatile and big swings are common. But we chose to be part of it and obviously we're gonna focus more on the good thing than bad thing. |
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Jul 16 2017, 03:30 AM
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All Stars
21,457 posts Joined: Jul 2012 |
QUOTE(V-Zero @ Jul 16 2017, 02:27 AM) I guess it's only fair to say that all that fixed n months breakeven thing is possible only if mining difficulty/price stays stagnant which is rarely the case. As long as is not blinded by greed.It's wildly volatile and big swings are common. But we chose to be part of it and obviously we're gonna focus more on the good thing than bad thing. |
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Jul 16 2017, 08:31 AM
Show posts by this member only | IPv6 | Post
#1188
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Senior Member
4,333 posts Joined: Jan 2003 |
Here is my latest HashNest mining statistics for today.
![]() The daily payout of 0.371 LTC is much better than the calculated result of 0.35 LTC as shown below. ![]() HashNest is really outperforming the market, thanks to its amazing Antpool pool luck. No wonder the market price of the AntL3 contract is skyrocketing. |
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Jul 16 2017, 08:33 AM
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Senior Member
6,235 posts Joined: Jun 2006 |
Yup...
Gonna be OMG day again here... ![]() |
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Jul 16 2017, 08:45 AM
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All Stars
15,192 posts Joined: Oct 2004 |
QUOTE(raynman @ Jul 16 2017, 08:31 AM) Here is my latest HashNest mining statistics for today. ![]() The daily payout of 0.371 LTC is much better than the calculated result of 0.35 LTC as shown below. ![]() HashNest is really outperforming the market, thanks to its amazing Antpool pool luck. No wonder the market price of the AntL3 contract is skyrocketing. QUOTE(dwRK @ Jul 16 2017, 08:33 AM) I queued since last night and dunno kena Boey No time to login and check. If kena, i got 133Mh/s now. |
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Jul 16 2017, 08:47 AM
Show posts by this member only | IPv6 | Post
#1191
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Senior Member
4,333 posts Joined: Jan 2003 |
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Jul 16 2017, 09:04 AM
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Junior Member
344 posts Joined: Jan 2003 |
» Click to show Spoiler - click again to hide... « Not purely luck, is because of ASICBOOST https://medium.com/@WhalePanda/asicboost-th...it-901fd346ee9f |
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Jul 16 2017, 09:20 AM
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Senior Member
6,235 posts Joined: Jun 2006 |
QUOTE(firecrac @ Jul 16 2017, 09:04 AM) » Click to show Spoiler - click again to hide... « Not purely luck, is because of ASICBOOST https://medium.com/@WhalePanda/asicboost-th...it-901fd346ee9f Isn't that article on BTC...and mostly speculative? LTC algo is different...no idea of any boost, due to luck or scale... I think some days payout are poor |
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Jul 16 2017, 09:42 AM
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Senior Member
6,235 posts Joined: Jun 2006 |
Saw this on hashnest...what does it mean?
For ppl to claim back their machine or hashpower? ![]() Edit...OK found answer in faq This post has been edited by dwRK: Jul 16 2017, 09:48 AM |
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Jul 16 2017, 09:54 AM
Show posts by this member only | IPv6 | Post
#1195
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Senior Member
4,333 posts Joined: Jan 2003 |
QUOTE(dwRK @ Jul 16 2017, 09:42 AM) Saw this on hashnest...what does it mean? This redemption only applies if you have bought hashrate tied to a miner purchase at the SHOP.For ppl to claim back their machine or hashpower? ![]() Edit...OK found answer in faq It does not apply if you bought hashrate from the OPEN MARKET. Hashnest will just terminate all contracts bought from the open market at the end of the redemption period. |
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Jul 16 2017, 10:10 AM
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Senior Member
856 posts Joined: Jan 2008 |
QUOTE(jack2 @ Jul 15 2017, 08:50 PM) OMG lucky bought earlyYesterday was 0.34 Now Ask(5) 0.36698053 3.0 M 1.10094159 Ask(4) 0.36600000 2.0 M 0.73200000 Ask(3) 0.36500000 20.0 M 7.30000000 Ask(2) 0.36400000 10.0 M 3.64000000 Ask(1) 0.36336498 3.0 M 1.09009494 Bid(1) 0.36200001 1.0 M 0.36200001 Bid(2) 0.36200000 1.0 M 0.36200000 Bid(3) 0.36164287 1.0 M 0.36164287 Bid(4) 0.36164286 1.0 M 0.36164286 Bid(5) 0.36110001 5.0 M 1.80550005 |
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Jul 16 2017, 10:12 AM
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Senior Member
6,235 posts Joined: Jun 2006 |
QUOTE(raynman @ Jul 16 2017, 09:54 AM) This redemption only applies if you have bought hashrate tied to a miner purchase at the SHOP. Thanks for the answer. :thumbsup:It does not apply if you bought hashrate from the OPEN MARKET. Hashnest will just terminate all contracts bought from the open market at the end of the redemption period. So for hashnest... knowing when to stop reinvesting, start selling and withdraw is crucial... Otherwise you have only expired MHS...becomes Ponzi... lol |
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Jul 16 2017, 10:21 AM
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Senior Member
9,132 posts Joined: Aug 2005 |
QUOTE(V-Zero @ Jul 16 2017, 02:27 AM) I guess it's only fair to say that all that fixed n months breakeven thing is possible only if mining difficulty/price stays stagnant which is rarely the case. If those last-minute miner gave up and stop mining, the difficulty will not increase ( might even drop, if what I read is correct ).It's wildly volatile and big swings are common. But we chose to be part of it and obviously we're gonna focus more on the good thing than bad thing. |
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Jul 16 2017, 10:26 AM
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All Stars
15,192 posts Joined: Oct 2004 |
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Jul 16 2017, 10:51 AM
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Junior Member
340 posts Joined: Apr 2013 |
More and more big whale invest at hashnest now . Just saw a buyer there bid 700 MHs .
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