I think what jack2 means is that your HashNest plan is based on an old model L3, not his brand new L3+.
Old model not worth. Can breakdown anytime.

He damn smart. I never thought of that.

My 1st foot step




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I have put you as a member of our Cloud Mining Club on the first page.

Congratulations!

Tks!

Not only that.

What is your investment value? 23 LTC? USD1150?

Haha! No.

Those LTC I used were bought at $38.

raynman

The L3+ bought from Bitman, if after 180 days of warranty period, should there be any issues on the machine, how?

You can't count the cost that you bought to calculate the cost.

You need to use current cost/replacement value.

Even my LTC was bought at somewhere at $19-$25, I used $50 as my investment value as I need to buy back the LTC as my reserve.

So replacement cost at current price is appropriate.

They will send you a repair bill and if you agree with it, they will proceed to fix the problem and get it running again.

That's the thing.

I am NOT buying back LTC.

I am generating LTC.

Correct!
Mining is NOT trading.

[QUOTE]

Haha... Then my L3+ needs 1 month to break even.

Whatever the value of LTC, it is immaterial in ROI computation.

I invested with 23 LTC.

I generate 0.1312 LTC per day.

ROI = 23 / 0.1312 = 175 days, slightly less than 6 months.

It is a lifetime contract without expiry date.

OK what.

Hey jack2

I can sell my 70 MH/s plan for 23.716 LTC after 2 days if I wanted to.

There is a ready buyer for it.

You can't trade your contracts like this with Genesis and Hashflare.



I mine, I gain. I trade, I also gain.

For the amount of effort or value added, miners are unlikely to buy or be paid in ltc

I have only 22 LTC.
Can you sell to me?

Aiyah, why so mafan?

Sign up for a HashNest account.

Fund your wallet with your 22 LTC.

Place a buy order for 22 LTC and see how much hashrate you can buy.

Kautim.

Hi All,
im new to Cryptocurrencies. How can i invest? Please guide me

I think many home-based miners will shift to cloud mining due to the rising electricity tariffs next year.



KUALA LUMPUR: The next electricity tariff revision for Peninsular Malaysia will be in January next year.

The Government had earlier agreed to maintain the power tariff rebate of 1.52 sen/kWh from July 1 to Dec 30 this year.

Energy, Green Technology and Water Ministry secretary-general Datuk Seri Dr Zaini Ujang said the revision was being undertaken
by the Energy Commission under the Imbalance Cost Pass-Through (ICPT) policy every six months.

“The latest was for January to June 2017. But on June 30, the Government agreed to spend RM1.303bil to cover the rising cost of fuel
and electricity supply generation in the peninsula from July to December this year,” he said in an interview on Bernama.

Also present was Tenaga Nasional Bhd (TNB) vice-president (Regula­tory Economics and Planning) Datuk Roslina Zainal.