QUOTE(Spectreoutreach @ Jul 31 2017, 09:34 AM)
you cant embed timestampother than low withdrawal fee...why are you so fond of hasing24? just curious...
This post has been edited by dwRK: Jul 31 2017, 09:54 AM
Cloud Mining - Cryptocurrencies
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Jul 31 2017, 09:49 AM
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#81
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6,230 posts Joined: Jun 2006 |
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Jul 31 2017, 10:14 AM
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#82
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Jul 31 2017, 09:31 PM
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#83
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Could this be Hashnest pinning the price down for today? Doesn't make sense thought...
Stuck at around 0.27 like forever 4-5 hrs now...lol... that's a lot of hashpower/LTC... ![]() Just after I posted this...things are moving again.... 10k taken off... This post has been edited by dwRK: Jul 31 2017, 09:49 PM |
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Aug 8 2017, 08:44 AM
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#84
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QUOTE(Someonesim @ Aug 8 2017, 07:32 AM) Today still at 0.25, potential for 0.24 ? high btc means you get lots of ltc from exchange...low 0.25 means you get lots of hashrates with the ltc bounty...so for now HN>>HF...But with BTC holding above 3400, I wonder if worth to invest into HN. Or should I just pump my HF contract since it still charge with 13.50 USD now if you're starting from fiat...then just have to work the numbers lor...my gut feel is still HN... |
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Aug 8 2017, 10:05 AM
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#85
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QUOTE(Someonesim @ Aug 8 2017, 08:48 AM) buy from someone will be easiest to get going...shiftshape or exchange will be more "fun" for the experience or a big "hassle" depending on your frame of reference...the fees are all spelt out...but can be daunting for first timers... when I started, I went the whole nine yards to understand how things work... |
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Aug 8 2017, 12:58 PM
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#86
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6,230 posts Joined: Jun 2006 |
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Aug 10 2017, 10:16 AM
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#87
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QUOTE(CoffeeDude @ Aug 10 2017, 09:27 AM) I am wondering how does HashNest makes money. 1. Selling overpriced machine to early buyersWhen a new customer joins and buys Hash rates, he could be buying it from existing customers. Let's say I put in 30 LTC to buy 100MHS. 12 months later I can sell the 100MHS let's say for 30 LTC as well. Whatever mining income I get during the 12 months is mine as well. So does HashNest makes money? 2. 0.15% from MHS seller 3. 0.15% from exchange 4. Maintenance fee 5. Hedging LTC 6. Land appreciation |
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Aug 13 2017, 09:15 AM
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#88
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Wow... they're really jacking up the price...
Still looks like the "best" option today... ![]() |
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Aug 13 2017, 12:23 PM
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#89
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Thanks.
Using default values...the calculator says I'm under... guess will have to play with it more. Don't know what would be the realistic difficulty change moving forward... ![]() This post has been edited by dwRK: Aug 13 2017, 12:25 PM |
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Aug 13 2017, 01:45 PM
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#90
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Link from bitcoin.com getting started page...
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Aug 13 2017, 03:46 PM
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#91
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QUOTE(denimblue @ Aug 13 2017, 03:27 PM) Sure...no problem... This is the intro page... https://www.bitcoin.com/guides/calculating-...getting_started It has a links to this calculator... http://www.greywyvern.com/code/javascript/poolbitcoincalc you'll have to put in the price, mef & payout value which I get from pool.bitcoin.com for 5 TH https://pool.bitcoin.com/index_en.html#buyhashrate |
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Aug 13 2017, 08:49 PM
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#92
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Aug 15 2017, 11:03 AM
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#93
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Can you help me understand your rationale for mining bitcoin?
The calculators show this to be money losing... |
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Aug 16 2017, 03:42 PM
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#94
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Aug 17 2017, 03:19 PM
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#95
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QUOTE(antminergirl @ Aug 17 2017, 01:28 PM) Thanks loads Raynman..! please expect a much longer breakeven period than 11 months.So according to this link ( calculated for 800 MH/s ) : https://www.coinwarz.com/calculators/liteco...3420000&hc=0.00 I make $1145-240(maintenance)= 905 usd Initial investment : 10800 usd Break even after : 11 months What do you think sifu, should I go for it? I think Litecoin will probably have an upward growth, after researching quite a bit. difficulty will be increasing at a much faster rate in the coming months as new L3+ ships...this is certain. your payout will reduce accordingly and who knows if Bitmain will have more powerful antminer models for next year... This post has been edited by dwRK: Aug 17 2017, 03:21 PM |
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Aug 17 2017, 03:38 PM
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#96
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QUOTE(denimblue @ Aug 17 2017, 03:27 PM) Yakah? 5% LTC price increase month on monthYou did not factor in the expected LTC price increase in the future kah? The price remain stagnant kah? 105% pool luck 1st 6 months, 103% the following 6 months, 100% the next 12 months what is your expectations? still maintain 11 months breakeven? This post has been edited by dwRK: Aug 17 2017, 03:39 PM |
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Aug 17 2017, 03:59 PM
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#97
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QUOTE(Blank86 @ Aug 17 2017, 03:40 PM) I looked at two lifetime contracts from Hashflare and Bitcoin Pool...IMHO they are money losing, ie., you get less BTC than you put in...better off hodling BTCDifficulty is also increasing...the rate of increase has changed for the worse 3 times this year... I don't know how Segwit2X will influence payout Hashnest is most expensive, but may be a better option provided you get in low enough, and get out before any serious price crash... |
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Aug 17 2017, 04:12 PM
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#98
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QUOTE(denimblue @ Aug 17 2017, 03:50 PM) I am almost at breakeven after seven months. good for you...you got in early!!!Next month I will be mining for free. But that is beside the point. Yes, I do believe an 11 month breakeven starting from now is achievable. 7 months ago...difficulty was very very low... in March it was about 90k...500 MHS will net you about $3.5k per month...at today's difficulty you get less than $600 ...and its gonna get worse |
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Aug 17 2017, 04:16 PM
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#99
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QUOTE(denimblue @ Aug 17 2017, 04:11 PM) Like I said, you always want to paint a bleak picture of cloud mining. i said you get less coin than you put in...Always citing mining difficulty but ignore price appreciation. Like the price of bitcoin will stay stagnant for the duration of the contract. the calculator shows it... you spent 0.2 BTC...you get back 0.18 BTC as an example who cares about BTC price appreciation...isn't holding 0.2 BTC * XYZ price better? |
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Aug 17 2017, 04:31 PM
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#100
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QUOTE(denimblue @ Aug 17 2017, 04:18 PM) Tell me, how much longer can my 770 MH/s scrypt contract last to continue getting money from Hashflare before it becomes unprofitable? Litecoin has a long life ahead...I'm quite heavily invested in Hashnest...MEF was about 3.5% in July, now is 5.5%...still long way off to even 50%...![]() I do believe in cloud mining...and I try to understand and set my expectations accordingly. For now, I'm not mining Bitcoin unless something changes for the better... |
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