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 Cloud Mining - Cryptocurrencies

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SUSraynman
post Jul 14 2017, 11:10 AM

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QUOTE(jack2 @ Jul 14 2017, 11:02 AM)
Hashflare's Scrypt difficulty has increased and the amount mined dropped about 15%

while Hashnest is well performed...  rclxms.gif
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The scrypt plan in Hashflare is mining litecoin, the same as HashNest AntL3 plan.

The drop of 15% in Hashflare is due to the LTC/BTC exhchange rate, not due to LTC mining output.

SUSraynman
post Jul 14 2017, 11:24 AM

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QUOTE(jack2 @ Jul 14 2017, 11:19 AM)
LTC/BTC is almost in same price level as before ma...
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It driopped from 0.016xxx rangr to 0.19xxx now.

So you get less bitcoin from exchanging litecoin.

SUSraynman
post Jul 14 2017, 11:51 AM

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QUOTE(denimblue @ Jul 14 2017, 11:43 AM)
I am really surprised that up to now, not even one person here proclaimed that Genesis, Hashflare, GigaWatt and now HashNest are scams or ponzi schemes. biggrin.gif
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That is because they are not.

They are big corporations running legitimate cloud mining and remote hosting businesses.

SUSraynman
post Jul 14 2017, 12:48 PM

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QUOTE(denimblue @ Jul 14 2017, 12:36 PM)
Then why do you have a BTC balance and a Last Scrypt Payout?  doh.gif
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I think what he means is that he has not received his bitcoin from Hashflare into his wallet. laugh.gif

SUSraynman
post Jul 14 2017, 01:32 PM

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QUOTE(Ch3n_low @ Jul 14 2017, 01:09 PM)
Hashnest price is keep increasing yo... just top up another 4 Mh
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That is because AntL3 hashrate is in great demand in the open market.

When I bought it last week, it was only 0.3271 LTC per MH/s.

user posted image

SUSraynman
post Jul 14 2017, 01:55 PM

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QUOTE(denimblue @ Jul 14 2017, 01:37 PM)
Yeah, I almost forgot you have done your research and due diligence before recommending them to us.
I now know why Eobot is not on your radar. biggrin.gif
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Ironically, Eobot was the first of many cloud mining companies I researched on.

I wouldn't say Eobot is a scam without hard proof from former customers.

It is probably legit, but I wouldn't recommend because it is not in the same league as the big players.

SUSraynman
post Jul 14 2017, 01:59 PM

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QUOTE(jack2 @ Jul 14 2017, 01:53 PM)
Someone reported this post to admin as I got "your post is reported" notification.

I know who is the person. I was reported that I purposely post non-constructive posts to attract people see my signature to buy LTC from me.

Hence, I am out from here. Bye
*
Just ignore him and continue as usual.

The mods will not simply suspend you for your comment, don't worry.

SUSraynman
post Jul 14 2017, 02:08 PM

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QUOTE(jjsia @ Jul 14 2017, 02:06 PM)
Bought 880 WTT Token from cryptonomos.com.
*
Getting ready to host an L3+ with GigaWatt? smile.gif

SUSraynman
post Jul 14 2017, 02:16 PM

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QUOTE(denimblue @ Jul 14 2017, 02:10 PM)
Just subscribe to Hashflare's Bitcoin Lifetime Scrypt mining contract and forget about mining ETH and ETC for the moment.
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HashNest's AntL3 plan is also a good alternative to Hashflare.

Both are mining litecoin. smile.gif

SUSraynman
post Jul 14 2017, 02:36 PM

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QUOTE(jjsia @ Jul 14 2017, 02:30 PM)
Yes. Now thinking of what is the most effective way to get litecoin. seems like transaction fees aren't that cheap for transfer of bitcoin. My current option is buy bitcoin from local exchange, transfer to exodus, convert to Lite then transfer it Giga. Is there a more effective way of doing it?
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You don't have to send bitcoin to your Exodus wallet and then use Shapeshift to convert to litecoin in your wallet.

You can use the web-based Shapeshift https://shapeshift.io to convert the bitcoin from Luno and deposit the converted LTC directly to the GigaWatt LTC wallet ID.

SUSraynman
post Jul 14 2017, 02:39 PM

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QUOTE(Ch3n_low @ Jul 14 2017, 02:37 PM)
I used to use shapeshift to convert... they fees is so high...
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So what are you using now to convert? smile.gif

SUSraynman
post Jul 14 2017, 02:41 PM

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QUOTE(jjsia @ Jul 14 2017, 02:39 PM)
Thanks for your insight. It works with any exchange right? I just convert using my exchange bitcoin address to exodus litecoin address?
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No. You convert the bitcoin in your Luno wallet directly to litecoin and deposit them in GigaWatt's LTC wallet.

Don't need to go through your Exodus wallet.

SUSraynman
post Jul 14 2017, 02:46 PM

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QUOTE(Ch3n_low @ Jul 14 2017, 02:37 PM)
I used to use shapeshift to convert... they fees is so high...
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What fees so high?

Shapeshift only deducts the mandatory miner fee for the coins.

They don't charge any other fee as stated below.

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SUSraynman
post Jul 14 2017, 02:51 PM

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QUOTE(jjsia @ Jul 14 2017, 02:45 PM)
Now that makes a lot of sense. It should work with XBit Asia exchange or CoinHako exchange right?
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As long as you have the coins wallet addresses, it should work.

SUSraynman
post Jul 14 2017, 02:52 PM

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QUOTE(Flame Haze @ Jul 14 2017, 02:51 PM)
Can add me to the front page liao. Just bought 150MHS on Hashnest laugh.gif
*
Of course!

Welcome to the Cloud Mining Club. smile.gif

SUSraynman
post Jul 14 2017, 03:13 PM

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Good job, Flame Haze. smile.gif

HashNest is really very hot and popular now. laugh.gif
SUSraynman
post Jul 14 2017, 03:31 PM

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QUOTE(Ch3n_low @ Jul 14 2017, 03:29 PM)
now i exchange in polo then withdraw out...
so is shapeshift more worth it? i thought it is more expensive
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Exchanges are for TRADING while Shapeshift is for CONVERTING.

Guess which has higher fees? smile.gif


SUSraynman
post Jul 14 2017, 06:14 PM

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QUOTE(interstate @ Jul 14 2017, 05:02 PM)
guys, how do i buy hasrates in hashnest? i have 1.9ltc in my account
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First of all, you have to convert your bitcoins into litecoins.

You can use Shapeshift https://shapeshift.io to do that.

Point your LTC receive address to your HashNest LTC wallet.

Send your bitcoins to the bitcoin address generated by the Shapeshift software.

Use your LTC in your HashNest wallet to buy hashrate from the MARKET. Not SHOP. smile.gif
SUSraynman
post Jul 14 2017, 06:30 PM

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QUOTE(interstate @ Jul 14 2017, 06:24 PM)
Thanks!

Simple saying, overall hashnest is about pouring in ltc to buy hashrates to mine ltc coins and either you use the findings to buy extra hastrates or transfer out. Am I right about this saying? Sorry, kinda new into crypto actually lol
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You are absolutely right.

Everything about the HashNest AntL3 plan is using LTC only, nothing else. smile.gif

SUSraynman
post Jul 14 2017, 06:41 PM

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QUOTE(interstate @ Jul 14 2017, 06:35 PM)
Then how do I calculate the roi and earning %? Can't seems to find an easier formula for it tho
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You can only calculate the ROI if you sell off the contract.

While your contract is active, the payout keeps changing minute by minute as LTC blocks are mined and shared out.

ROI = (value of contract sold) + (total payout) / (value of contract bought)


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