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 Cloud Mining - Cryptocurrencies

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CoffeeDude
post Jul 13 2017, 02:47 PM

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CLOUD MINING INVESTORS

1. raynman --- Genesis, Hashflare, HashNest, GigaWatt

fuyoh! :aneh
CoffeeDude
post Jul 13 2017, 03:22 PM

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QUOTE(raynman @ Jul 13 2017, 03:08 PM)
You already said that you are not interested in Cloud Mining. 

And your :aneh in NRT is not working here. biggrin.gif
*
Buying/Mining/Cloud mining these crypto currencies are bloody complicated and confusing rclxub.gif rclxub.gif
CoffeeDude
post Aug 3 2017, 12:12 PM

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QUOTE(raynman @ Jul 27 2017, 07:29 PM)
To get started with HashNest, you need to go through the follow steps.

1. Sign up for a Luno account at https://www.luno.com/

2. Deposit MYR using Maybank2U into Luno.

3, Buy bitcoin using MYR from the Luno exchange.

4. Use Shapeshift https://shapeshift.io.

5. Set your Hashnest LTC wallet address as the LTC receiving address in Shapeshift

6. Shapeshift will generate a bitcoin address for you to send from Luno.

7. Send bitcoin to the Shapeshift address from Luno.

8. Wait for the exchange from bitcoin to litecoin to complete.

9. You now have litecoin in your Hashnest wallet to buy hashrate from the MARKET, not SHOP.

The HashNest website is at https://www.hashnest.com. SIgn up for your account there first.

That's abot all. smile.gif
*
Thanks for the guide.

I'm now bidding for some AntL3 on Hashnest biggrin.gif

I have to admit I was skeptical on cloud mining before.
Now I'm willing to try it.
Still some ways to understanding how the ROI / earning works.
CoffeeDude
post Aug 3 2017, 12:26 PM

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QUOTE(raynman @ Aug 3 2017, 12:22 PM)
Kopi,

I thought you told me you won't do cloud mining?

You should consider remote hosted mining with GigaWatt as well, but WTT token sales ended.

You are the only one from NRT. I don't see anybody else.
*
I bought 99 MHS @ 0.29

Hopefully it'll be good smile.gif
CoffeeDude
post Aug 3 2017, 10:55 PM

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Since there are so many cloud miners here, why not you guys join up in a partnership and start a cloud mining facility in Malaysia? tongue.gif

Just need to find a low cost warehouse to rent and some TNB contacts for cheap electricity tongue.gif
CoffeeDude
post Aug 3 2017, 11:48 PM

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QUOTE(johnnyzai89 @ Aug 3 2017, 11:16 PM)
is that still cloud mining then? lol
*
Isn't that what those cloud companies are doing? unsure.gif
They are hosting mining equipment in a pool format and customers are sharing the cost and profits.
CoffeeDude
post Aug 5 2017, 12:27 AM

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QUOTE(jep @ Aug 4 2017, 11:50 PM)
It's a bit confusing for me in Hasnest compared to Hashflare..not really sure where to start  sweat.gif
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you can refer to raynman's guide that I have quoted on page 112
CoffeeDude
post Aug 7 2017, 01:35 PM

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QUOTE(denimblue @ Aug 7 2017, 01:02 PM)
HashNest SHA-256 is $203 per TH/s and MEF is $0.19 per TH/s per day.

Hashflare SHA-256 is $120 per TH/s and MEF is $0.35 per TH/s per day.

HashNest price is in BTC per GH/s. The higher the BTC price, the more expensive the contract.

Now you can easily compare.  smile.gif
*
In HashFlare do you choose SCRYPT or SHA-256?
CoffeeDude
post Aug 7 2017, 01:44 PM

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QUOTE(denimblue @ Aug 7 2017, 01:37 PM)
I chose Scrypt.
It is actually mining litecoin, but converted to bitcoin.
*
If mining LTC then better to go for Hash Nest.
CoffeeDude
post Aug 8 2017, 02:28 PM

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Does anyone have Hashflare redeem code? biggrin.gif

What payment method do you use?
BTC/Wire Transfer/Credit Card?
CoffeeDude
post Aug 8 2017, 04:47 PM

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QUOTE(wildan03 @ Aug 8 2017, 03:55 PM)
Hi, please add me to the front page

HF SHA-256 and Scrypt
*
What payment method do you use?
BTC/Wire Transfer/Credit Card?
CoffeeDude
post Aug 8 2017, 08:35 PM

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raynman I have just added SHA-256 @ Hashflare icon_rolleyes.gif
CoffeeDude
post Aug 8 2017, 08:39 PM

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QUOTE(raynman @ Aug 8 2017, 08:37 PM)
Good for you!  rclxms.gif
What is the hashrate?
*
only 10 TH/s blush.gif
CoffeeDude
post Aug 8 2017, 08:43 PM

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QUOTE(raynman @ Aug 8 2017, 08:41 PM)
Good start!

Remember to reinvest and upgrade your hashrate every now and then.. smile.gif
*
yah give it a try first
If good can add some more later. tongue.gif
CoffeeDude
post Aug 8 2017, 08:47 PM

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btw this is what I can share about my experience with HASHNEST.

I bought 99 MHS on 3rd Aug.
Then added 1 MHS 5th Aug using the mining payout
Then added 1 MHS 7th Aug using the mining payout

Adding 1 MHS roughly every 2 days.
CoffeeDude
post Aug 8 2017, 09:07 PM

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QUOTE(ycs @ Aug 8 2017, 08:59 PM)
if based on current payout, when can you breakeven?
*
On a linear graph - 200 days?

QUOTE(raynman @ Aug 8 2017, 09:02 PM)
How long will it take to reach my hashrate?  tongue.gif

*
probably need 2 years from now

lol
CoffeeDude
post Aug 10 2017, 09:27 AM

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I am wondering how does HashNest makes money.

When 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? hmm.gif
CoffeeDude
post Aug 10 2017, 09:55 AM

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QUOTE(ycs @ Aug 10 2017, 09:47 AM)
cry.gif
CoffeeDude
post Aug 11 2017, 02:22 PM

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QUOTE(il0ve51 @ Aug 11 2017, 01:05 PM)
Hello pro, if i would like to start small in this, may i know which contract is best for beginner?
*
I started with HashNest
CoffeeDude
post Aug 11 2017, 03:49 PM

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QUOTE(raynman @ Aug 11 2017, 02:23 PM)
Bitcoin.com Pool has increased their 5 TH/s bitcoin lifetime contract from $745 to $895 today.  doh.gif

Luckily I bought it at $745 on the 8th August.

And I was thinking of adding on another 25 TH/s to my 5 TH/s contract.

Now have to think twice.  sad.gif
*
Let's call you the whale of cloud mining laugh.gif

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