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?

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?

What old 2nd hand machine are you talking about?

The L3 was recently launched early this year.



Comment by Litecoin founder, Charlie Lee himself.

https://www.hashnest.com/hash_currencies/28/shop
T&C
2.    Because redeemed hardware is, by nature, secondhand, Hashnest cannot guarantee the quality or remaining life of a machine. Older units may not hash as efficiently as they once did. Hashnest cannot guarantee that every redeemed machine will operate as though it were new.

to each his own.

Yes agree most important is ROI
ROI = (Gross income- FEE) / Total Investment * 100

I already put 90mhs, and 144 watt, and 0.07c electric, and 1% pool fee, in the online calculator, and ROI is about 6 months in theory
Just want to confirm with raynman if thats what he is getting.

As I cant workout raynman phone app if hashnet is showing similar figures on Payment and Fee which effects ROI, I cant figure it out thats why I asked him.
That is a fair question would you not agree?
No one will try to haggle with bitmain on fee price, this is not basak malam.

Online calculator ROI is one thing, and actual ROI is another thing,
Im sure you know this as well

And also in the unlikely circumstance the machine burns down after a month you rugi your 29 LTC?
or are you buying Hashrate like genesis, the T&C is not clear.

I am totally aware of this clause.

It is a risk I am willing to take.

You, on the other hand, is just too risk-adverse to really venture big into anything. Scared this scared that.

I am totally aware of this clause.

It is a risk I am willing to take.

You, on the other hand, is just too risk-adverse to really venture big into anything. Scared this scared that.

This one is same as we bought from Giga-Watt?

Nope.

The one offered by HashNest/Bitmain for cloud mining is the January 2017 model called L3.

What we will be getting at GigaWatt is the enhanced new April 2017 model called L3+ with double the hashrate.

So the contract we bought from Hashnet is also L3 right?

Yes, correct.

But it really doesn't make any difference.

We are buying HASHRATE for the Scrypt mining algorithm, not the model of the miner.

The hashrate output is the SAME per MH/s whether it is using the L3 or the L3+.

Yes, correct.

But it really doesn't make any difference.

We are buying HASHRATE for the Scrypt mining algorithm, not the model of the miner.

The hashrate output is the SAME per MH/s whether it is using the L3 or the L3+.

if same hashrate, why L3 has 5 months break even while L3+ is 2 months?

Aiyah 

The L3+ has double the hashrate (504 MH/s) over the L3 (250 MH/s).

It is quite susah to explain to jack2.
He is not smart enough to completely understand what you say. 

Not comfortable with the contract, don't buy. Simple.

I am totally aware of this clause.

It is a risk I am willing to take.

You, on the other hand, is just too risk-adverse to really venture big into anything. Scared this scared that.

I don't do so complex calculations and thoughts like you did.

What I did yesterday, I asked raynman to show me his daily income on Hashnet he received and I can work out if it is within my expectation.

I go ahead liao...

Btw, you must be 60-an?

Haha! So true.
He must be a retiree.

Aiyah 

The L3+ has double the hashrate (504 MH/s) over the L3 (250 MH/s).

haha.. coz i didnt go to study.

I care about my daily trading nia.

I was just joking with you. No hard feelings.