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 Cloud Mining - Cryptocurrencies

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SUSraynman
post Jul 8 2017, 06:05 AM

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I asked them a question about renting out my extra tokens and here is their reply.

user posted image
SUSraynman
post Jul 8 2017, 01:20 PM

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QUOTE(LittleSmarty @ Jul 8 2017, 12:47 PM)
Due to insufficient fund, I plan to buy the WTT tokens and rent it out only. May I ask is the rental fee fixed? According to the calculator, if I rent out 880 tokens, I can only earn monthly income of $40.8 based on the highest rental fee of 6.45ยข/kW/h. Shouldnt I invest that amount of money to cloud mining to earn more unless I plan to buy a miner machine from them in the future? Or I should speculate that the price WTT token will definitely increase in the future and I can sell it to another sellers who are interested if I am no longer plan to rent those tokens out?
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Cloud mining has inherently higher risk than investing in tokens for rental income.

If you are risk-adverse, it is better you buy the 880 tokens for rental income.

As a token owner, you have the privilege of hosting a L3+ anytime you have the funds available to buy one.

Without tokens, you definitely cannot host any miners at GigaWatt. Period.
SUSraynman
post Jul 8 2017, 05:10 PM

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QUOTE(kievlueen @ Jul 8 2017, 05:03 PM)
About Aug 1 , will we affected ?
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If you are not cloud mining bitcoin, you are not affected.

SUSraynman
post Jul 8 2017, 05:27 PM

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QUOTE(cofin @ Jul 8 2017, 05:22 PM)
bye.gif Shit for me then
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Then again, if you are mining bitcoin, it depends whether your contract is mining directly with SHA-256 or SCRYPT.

If SCRYPT, then no worries because you are actually mining litecoin and gets converted to bitcoins by buying them on an LTC/BTC exchange.

If you are mining using SHA-256, it depends on which chain of the hard fork your bitcoin is mined on.

So complicated. tongue.gif

SUSraynman
post Jul 8 2017, 06:26 PM

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QUOTE(kievlueen @ Jul 8 2017, 05:32 PM)
Oic , how about GM? Currently contract with dash but the pool allocation is on Bitcoin .
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Same as SCRYPT, No worries.

You are still using the X11 algorithm to mine DASH, then converted to bitcoin by buying BTC on the DASH/BTC exchange.

SUSraynman
post Jul 8 2017, 06:27 PM

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QUOTE(cofin @ Jul 8 2017, 05:29 PM)
i got  SHA-256 so these days i just keep reinvest to Scrypt
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Smart move! thumbup.gif

SUSraynman
post Jul 8 2017, 08:48 PM

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Hi jack2,

Have you paid for the Antminer L3+ already or not?

Has GigaWatt acknowledged receipt yet? smile.gif
SUSraynman
post Jul 8 2017, 09:17 PM

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QUOTE(jack2 @ Jul 8 2017, 09:13 PM)
Yes paid and acknowledged with the link.
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Welcome to the GigaWatt Club. rclxms.gif

SUSraynman
post Jul 8 2017, 11:52 PM

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QUOTE(lbkly @ Jul 8 2017, 11:38 PM)
Dear all, been following this thread...super excited also...
But still waiting confirmation link fro Cryptonomos...to buy tokens...
Already pressed many times including resend link...but still no email from them.
Address is right...not sure lack of anything...
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Buying WTT tokens from the Cryptonomos website should be instantaneous.

Here are my WTT tokens bought at Cryptonomos.

user posted image

How did you pay for the tokens?

By USD wire transfer or bitcoin?

I paid by bitcoin by sending them to the bitcoin wallet address in Cryptonomos.

And what do you mean by "waiting confirmation link from Cryptonomos"?

Here is the link to the Cryptonomos website.

https://cryptonomos.com/

Have you signed up for a Cryptonomos account yet?

SUSraynman
post Jul 9 2017, 12:05 AM

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QUOTE(lbkly @ Jul 8 2017, 11:58 PM)
yerp...signed up yesterday...been waiting for their confirmation email...
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What do you mean "been waiting for their confirmation email"?

You have not properly filled up all your necessary particulars, and the message is asking you to do so.

SUSraynman
post Jul 9 2017, 12:07 AM

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And you should be getting an email from Cryptonomos in your mailbox asking you to click it.
SUSraynman
post Jul 9 2017, 12:19 AM

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Strange.

You did not get the Cryptonomos email in your mailbox asking you to click the confirmation link?

Check that your email is spelt correctly. Very important.

This post has been edited by raynman: Jul 9 2017, 12:20 AM
SUSraynman
post Jul 9 2017, 12:25 AM

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You should be getting this email froim Cryptonomos.

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SUSraynman
post Jul 9 2017, 12:45 AM

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QUOTE(AIYH @ Jul 9 2017, 12:39 AM)
may i know what is the current average daily payout for DASH (per 5 MHs) and Ethreum (per 1 MH) contract in GM respectively?
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Ethereum 1 MH/s = 0.000423775

DASH 5 MH/s = 0.00075979

SUSraynman
post Jul 9 2017, 10:14 AM

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QUOTE(HHCC @ Jul 9 2017, 08:38 AM)
I am limited to USD90 per day for Dash contract eventhough payment mode using BTC.
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Fuuny.

How come Genesis doesn't want to sell their DASH contracts as fast as possible while stocks last? hmm.gif

SUSraynman
post Jul 9 2017, 11:05 AM

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QUOTE(ruudygh @ Jul 9 2017, 10:37 AM)
if our miner broken down after the warranty period (180days), can we buy new miner and use our existing token?

btw, there is this bitmain malaysia website https://bitmainmalaysia.com/
do you know it is legit or fake? this website are full of web design template default text and words ohmy.gif
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Yes, you can buy a new miner and use back your existing tokens. No need to buy more tokens.

The Bitmain Malaysia website looks legit to me, but I have never bought anything from there.

SUSraynman
post Jul 9 2017, 01:18 PM

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Thanks, HHCC. smile.gif
SUSraynman
post Jul 9 2017, 02:37 PM

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INTRODUCING ANOTHER REPUTABLE CLOUD MINING CORPORATION --- HASHNEST BY BITMAIN

While waiting for the deployment of my two Bitmain Antminer L3+ sometime in mid-October at GigaWatt,
I subscribed to HashNest for a 70 MH/s hashing plan with Bitmain Antminer L3.

The L3 is the small brother of the L3+, rated at 250 MH/s with power rating of 400W.

My HashNest AntL3 plan is bought from the open market in Bitmain's huge cloud mining pool.

My HashNest account is funded by Litecoin to purchase the plan, and the mining payouts are automaticaly credited to the same wallet.

Unlike Genesis and HashFlare who give us DAILY payouts, HashNest's payouts are instantly credited to my account once a mining block is found.

There is no concept of a "Daily" payout with HashNest. The plan is activated once we buy the plan from the open market,
and ends when you sell it off in the open market. The is no time limit. It will run as long as you do not sell it off.

Here is my HashNest AntL3 dashboard 24 hours after plan activation.

user posted image

After 24 hours (one day), it mined 0.13122973 LTC with a hashrate of 70 MH/s.

Therefore, the L3 is rated at approximately 0.00187471 LTC per MH/s per day.

Using this as the baseline, my two L3+ with a combined hashrate of 1,008 MH/s, should mine 1.88970768 LTC per day. rclxm9.gif
SUSraynman
post Jul 9 2017, 03:57 PM

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QUOTE(denimblue @ Jul 9 2017, 03:45 PM)
HashNest mines on Bitmain's Antpool, the largest bitcoin and litecoin mining pool in China and the world.
Your two L3+ with GigaWatt will probably mine on LitecoinPool and therefore will not get the same stellar mining payout as Antpool.
I am not trying to pour cold water over your head. laugh.gif
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You are right.

A new block is found every few MINUTES! Antpool is very lucky. biggrin.gif

user posted image

Once in a while it takes less than an hour. sad.gif

SUSraynman
post Jul 9 2017, 04:35 PM

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QUOTE(jack2 @ Jul 9 2017, 04:18 PM)
Seem not worth.
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Why not worth?

The actual 24-hour output is very close to the official litecoin mining calculator.

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