for hashnet or any cloud mining.
lets say i have a rm500 only, can it do anything?
can i just invest some hash, and let it roll it self? without the need of fresh capital.
Cloud Mining - Cryptocurrencies
Cloud Mining - Cryptocurrencies
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Aug 5 2017, 05:10 PM
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#1
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for hashnet or any cloud mining.
lets say i have a rm500 only, can it do anything? can i just invest some hash, and let it roll it self? without the need of fresh capital. |
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Aug 5 2017, 06:01 PM
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#2
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Aug 11 2017, 01:56 PM
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#3
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Aug 19 2017, 10:25 AM
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#4
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QUOTE(denimblue @ Aug 19 2017, 12:13 AM) Yes, I have Hashflare lifetime bitcoin (Scrypt) as part of my cloud mining portfolio. for the 26mhs package, if i dont withdraw my earnings, but reinvest everything i earnt, will it:For your 26 MH/s, you should be averaging 0.00035 BTC per day. 1: ROI become shorter? 2: increased MHS=increased maintenance fees= is it sustainable without topping up new funds?(from your 7 months with hashflare experience, is it possible?) thanks! *CCard payment got extra charge ma?for hashflare. |
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Aug 19 2017, 11:20 AM
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#5
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QUOTE(denimblue @ Aug 19 2017, 10:34 AM) I have no idea because I don't reinvest my payouts. I only topup my hashrate using credit card a few times during the 7 months. QUOTE(Blank86 @ Aug 19 2017, 11:02 AM) I reinvested my payout but i am mining btc. I used about 1.4k usd mining btc which is 10ths for gm and during the 1month 15 day i've gotten 400+usd from payout and reinvested into hasflare 3. Something THS. thanks for the replies.I believe by reinvesting it will shorter the roi time if the price stay or go higher. And also the difficulty dont suddenly go up ultra high like eth guess i will go for the basi sccript as suggested, and reinvest everything there. just dont plan on topping up with fresh funds. |
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Aug 21 2017, 10:25 AM
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#6
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QUOTE(denimblue @ Aug 18 2017, 09:54 PM) I would suggest buying a lifetime bitcoin (Scrypt) contract with Hashflare. Buy a hashrate of 26 MH/s for USD351. QUOTE(Blank86 @ Aug 19 2017, 11:02 AM) I reinvested my payout but i am mining btc. I used about 1.4k usd mining btc which is 10ths for gm and during the 1month 15 day i've gotten 400+usd from payout and reinvested into hasflare 3. Something THS. i stumbled upon the hashflare calculator atI believe by reinvesting it will shorter the roi time if the price stay or go higher. And also the difficulty dont suddenly go up ultra high like eth http://profit.hashflare.eu/en/ then i key in my budget of USD350 why is sha-256 is making much more than scrypt? should i take sha-256 package then? *considering its going to be the same amount of money i will be investing. |
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Aug 21 2017, 06:06 PM
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#7
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QUOTE(Blank86 @ Aug 21 2017, 04:32 PM) i think u need to take into account the MEF also. i think alot ppl choose scrypt is because of its low MEF compare to BTC. eh?At times BTC mining MEF can eat up 30 - 40% of your revenue depending on the BTC value. Also the transaction fee that u need to pay when u use BTC(cost about $4 and could be much more depending on your data size). Not sure about LTC. ETH transaction fee only cost me $0.18 now this raised some questions for me. 1: the payout from mining MUST be stored to external wallet? can it be saved in HF itself for any MEF/upgrade payment? 2: i calculated in the MEF accordingly to the speed i am getting, and still sha is more profitable(providing btc value did not crash) 3: " transaction fee that u need to pay when u use BTC" : even if i take the amount from my payout, i still will be charged with fees? |
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Aug 29 2017, 12:15 PM
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#8
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QUOTE(wildan03 @ Aug 29 2017, 10:31 AM) Guys can help me analyze? seriously, i dun think its advisable.Do you think it is worth it to pay RM1,500 for 3TH/s i get approximate RM480/month? using credit card? and use the monthly payment to roll the credit card payment monthly? and experienced member advise on this. unless you can make it into EPP. but still, why?what if the mined value is not as high as your card payment amount? btw, which site allow you to pay with cc? HF allows ma? |
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Aug 31 2017, 08:21 AM
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#9
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alright, lets reconfirm with the pros here.
budget: USD350 cloud provider : hashflare I plan to get my first contract. Not planning to withdraw or reinvest the returns on more speed. But instead use the returns to get another contract on HF. is it advisable to get Scrypt first, then sha?Or vice versa? or might as well just reinvest everything onto one contract? thanks! |
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Aug 31 2017, 09:09 AM
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#10
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Aug 31 2017, 09:24 PM
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#11
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QUOTE(Spectreoutreach @ Aug 31 2017, 06:26 PM) Bad news ... errr...From hashflare.io Dear users, The cryptocurrency industry has always been susceptible to a high amount of volatility, and recent global changes have been some of the most significant. Due to an industry-wide hardware deficit, many market participants, especially mining hardware manufacturers, have to adjust their operations, procurements, terms, and prices of ASIC miners and their delivery. Per Section 5 of Hashflare Terms of Service (https://hashflare.io/terms), SHA-256 and Scrypt contracts are now also subject to change. The changes, which mainly cover the terms and the prices of the contracts will become effective on September 1, 2017. The new price for 10 GH/s of SHA-256 will be $2.40, while 1 MH/s of Scrypt will now cost $11.50. The maintenance & electricity fee will remain the same. All new SHA-256 and Scrypt contracts will be issued for a limited term of 1 year from the moment of activation. All SHA-256 and Scrypt contracts activated prior to 01.09.2017 will expire on 31.08.2018. with this news, should i be grateful i havent register my contract yet? |
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Sep 2 2017, 11:21 AM
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#12
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took some time to look into hashnest,
i dont get it. If i buy the hashpower from "market", then how long am i able to keep this "power"? it will be lifetime? also, after obtaining this hash, do i need to do anything with it?or it will auto mine? another question: on page 1, i dont see anyone using hashing24. Any reason why? |
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Sep 2 2017, 11:37 AM
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#13
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QUOTE(denimblue @ Sep 2 2017, 11:26 AM) HashNest contracts are lifetime. Ahh.. Understood! You don't need to do anything. It will auto-mine and pay out to your wallet after finding a block. Because Hashing24 bitcoin mining is very expensive. QUOTE(speedfamgirl @ Sep 2 2017, 11:27 AM) Hi all, long time silent reader here & been subbing to Hashnest. There are the l3, dx, sx. bought the mining contract since the price was at 0.365 now that the contract price has dropped, would like to ask is it wise to sell current contract & rebuy again just to get more MH? Which one did you buy? And what diff do they make? |
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Sep 6 2017, 08:19 PM
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#14
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QUOTE(melz84 @ Sep 6 2017, 05:23 PM) I did a calculation for HF. This is the closest calc that matches i can get using these variable HashingPower=2000 PowerConsumption=8000 CostPerkWh=0.0035 https://www.cryptocompare.com/mining/calcul...stPerkWh=0.0035 any idea what's the variables for GM ? i know the MEF is 0.00028, can i assume power consumption is 4w for GM also? is this correct ? https://www.cryptocompare.com/mining/calcul...tPerkWh=0.00028 does GM have withdrawal fee? QUOTE(joeaggas @ Sep 6 2017, 05:37 PM) Hai meh? You check and see. I divided it again because is KiloWatt per hour KW/h. GM contract terms is 0.00028 per GH per day ma. So I work it backwards lo. Ngam em NgaM? [attachmentid=9107798] Yours will be like this : 2000GH - 1KW QUOTE(denimblue @ Sep 6 2017, 06:32 PM) This is not correct. any reason to add in the power/power cost in the calculator?You are taking arbitrarily the power consumption of a bitcoin miner at 1000W. It is not. The populat Antminer S9 has a power rating of 1323W, churning 13.5 TH/s of hashpower. You can also simply take 2000W and work backwards to get $0.14 per day. The important thing is that GM charges $0.00028 per GH/s per day. So a hashrate of 500 GH/s will cost $0.14. Very simple. i thought all just put to 0 then deduct MEF total from the profit shown? since the MEF is fixed rate. or i calculated wrongly? |
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Sep 7 2017, 10:00 AM
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#15
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Sep 7 2017, 10:15 AM
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#16
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Sep 7 2017, 01:10 PM
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#17
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GM pays out daily.(or any clcoud mining daily payout)
If everyday GM sends the btc to my luno wallet, everyday kena pay the transaction fees by luno? or ccan accumulate at GM, till xxx amount before send out? |
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Sep 7 2017, 01:38 PM
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#18
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QUOTE(CharmaineLee80 @ Sep 7 2017, 01:27 PM) QUOTE(jack2 @ Sep 7 2017, 01:27 PM) can the minimum amount to be transferred changed?or it will transfer regardless, as long it reached minimum payout? |
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Sep 7 2017, 01:51 PM
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#19
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Sep 7 2017, 11:40 PM
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#20
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