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 Cloud Mining - Cryptocurrencies

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SUSdenimblue
post Jul 9 2017, 07:48 PM

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QUOTE(raynman @ Jul 9 2017, 07:06 PM)
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.

user posted image

I mine, I gain. I trade, I also gain.  laugh.gif
*
I have only 22 LTC.
Can you sell to me? tongue.gif

SUSdenimblue
post Jul 9 2017, 08:09 PM

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

user posted image

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.
SUSdenimblue
post Jul 9 2017, 08:10 PM

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QUOTE(nagintheran @ Jul 9 2017, 08:04 PM)
Hi All,
im new to Cryptocurrencies. How can i invest? Please guide me
*
Have you read through the fiest page? smile.gif

SUSdenimblue
post Jul 9 2017, 09:10 PM

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QUOTE(jack2 @ Jul 9 2017, 08:53 PM)
Why they wanna buy from you if they can buy from company??
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Actually it is very simple.
How can a customer with limited funds to spare, buy 20 MH/s of L3+ (rated at 504 MH/s) if not for cloud mining? user posted image

SUSdenimblue
post Jul 9 2017, 09:45 PM

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QUOTE(jack2 @ Jul 9 2017, 09:39 PM)
Confirm ma? Or someone misuses it?
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Of course someone misuses it.
Do you really think that HashNest belongs to Bitman?

SUSdenimblue
post Jul 9 2017, 09:56 PM

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QUOTE(jack2 @ Jul 9 2017, 09:51 PM)
I dont know la
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Then listen to raynman lor.
I always listen to him and benefit from his research and DD.

SUSdenimblue
post Jul 10 2017, 08:40 AM

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What mining contracts are you all currently holding?
Here are mine.

Genesis
Ethereum (dagger hashimoto) - 50 MH/s
Dash (X11) - 100 MH/s

HashFlare
Bitcoin (Scrypt) Lifetime - 550 MH/s
SUSdenimblue
post Jul 10 2017, 01:16 PM

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QUOTE(Wind82 @ Jul 10 2017, 01:09 PM)
Hi guys,

May I know how long does it takes for Hasflare Scrypt mining to breakeven?

Is the 10% referral code still applicable?

Thanks ya.
*
I wish I can give you a definitive answer but I can't.
It all depends on the mining difficulty of litecoin, the market prices of bitcoin and litecoin, and the mining pool luck and efficiency.
Realistically give it about 9 months.
I am setting mine at 10 months.


SUSdenimblue
post Jul 10 2017, 07:17 PM

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QUOTE(jack2 @ Jul 10 2017, 07:04 PM)
So many Kaya raya
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The big whales are CC traders, not miners.
Some trade RM200K to RMRM300K per lot.

SUSdenimblue
post Jul 10 2017, 07:23 PM

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I have subscribed to HashNest today. Poisoned by raynman.
Bought 10 MH/s AntL3 on the open market for 3.4 LTC.
Started mining immediately! thumbup.gif
SUSdenimblue
post Jul 10 2017, 11:02 PM

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QUOTE(Chelsea-Fan @ Jul 10 2017, 09:07 PM)
I just bought 2640 WTT token to host 3 Antminer L3+.

The token will be distribute after token sale end on Aug 1?

What is the next procedure to order the Antminer L3+ from Gigawatt? Waiting LTC price drop to get cheaper units but afraid it will run out of stock later.
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Eh? I thought you bought one L3+ directly from Bitmain?

user posted image

Don't want to mine at home with a 24/7 vacuum cleaner already? biggrin.gif

SUSdenimblue
post Jul 11 2017, 08:53 AM

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He is asking for a Genesis Mining discount code, not Hashing24.
SUSdenimblue
post Jul 11 2017, 11:07 AM

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What happens if you lose your phone?
The finder can withdraw your LTC payout into his wallet.
SUSdenimblue
post Jul 11 2017, 11:15 AM

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Cool! smile.gif
SUSdenimblue
post Jul 11 2017, 01:25 PM

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QUOTE(jack2 @ Jul 11 2017, 12:30 PM)
Cheap sales LTC!!!
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Cheap sales every cryptocurrency. biggrin.gif

SUSdenimblue
post Jul 12 2017, 10:13 AM

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QUOTE(jack2 @ Jul 12 2017, 09:35 AM)
Yes, I am following market price. People who wants to buy, it depends at the time of transactions.

Since I have pretty LTC now, I will buy contract from there and re-sell if people wanna buy.
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Once a trader, always a trader. Hahaah!

SUSdenimblue
post Jul 12 2017, 10:24 AM

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Congrats, jack2. thumbup.gif
SUSdenimblue
post Jul 12 2017, 10:54 AM

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QUOTE(xiaomoon @ Jul 12 2017, 10:51 AM)
thanks for the reply
i saw the price on genesis 100mh/s cost $500, that $500 have to pay every month or just once?
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You just pay once.
It is a 2-year contract.

SUSdenimblue
post Jul 12 2017, 02:05 PM

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QUOTE(Leon be here now @ Jul 12 2017, 01:36 PM)
first of all thanks raynman for intoducing to us all these deals, I see you have alread help lots of people invest in cloud mining including me.

These open market price of L3,
Just read the T&C but have few question:
-I assume you buy Hashrate contract with no end date, similar to Genesis?
-Or do you actually buy the old 2nd hand Machine? what if it breaks down in 90days?

T&C states:
"If mining farms may no longer continue operating due to change in legal status, war, earthquake, fire, electricity failure, or other acts of God, Hashnest does not assume responsibility for compensation"

Meaning if they say their factory got burn down after a month coz if shitty electricity wiring, they will not compensate, Im assume they dont disclose where the miner is located?
What happens to your 90MHS? and 29LTC?

Using your example
Hashate MHS 90
Cost LTC 29.7698
Payout Total LTC 0.42032576
Maintenance LTC 0.0121640

My calculations are as follow:
your 90MHS consumes 144 Watt (L3 is 250mhs with 400watt)
us0.07 electric and maintenance fee per kw/h
Units per month 104
USD per day 0.24192 fee ?
USD per month 7.25 fee

But your screen shows
Maintenance LTC 0.0121640 which is about USD 0.52 ???
even if you divide 0.52 by 3 days since you run its still USD0.173?
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Not comfortable with the contract, don't buy. Simple.

SUSdenimblue
post Jul 12 2017, 02:14 PM

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QUOTE(choocy @ Jul 12 2017, 02:10 PM)
not sure if this is answered, if the ETH contract is 2 years, can we topup on additional value into it at any point of time or we need to wait until the 2 years contract is over?
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And your contract will be extended.
It will now be 2 years from the date of the latest top up.

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