Re: GAW Zen Hashlet PayCoin unofficial uncensored discussion. ALWAYS MAKE MONEY :-)
This post was made 18 minutes ago he states the price is 6.50 So its still gravy in his book. Better make your moves or that gravy is going to turn to piss currently 0.0188...
I still don't understand where this whole "mining the HashPoint Pool gave you XPY at $4/coin" logic has come from. I hear it all the time. Can someone explain it to me? If mining the HP pool was free, the cost of the coin should only be the opportunity cost of not mining whatever the most profitable scrypt pool on ZenCloud was for that duration. Even with conservative assumptions, I would think that opportunity cost should be way less than $4/coin.
Because when they were mining Bitcoin they were given a satoshi but it was supposedly supposed to be $4 worth that the got in hashpoints
Well, the opportunity cost to mine the HP Pool was zero so the cost of the coin was free if you were mining HP and had that converted to XPY. Still don't understand how the $4/coin reference got started.
Where do you get free from - Zen hashlets cost money - 4$ comes from when you were mining 10 hp per KHS they were worth 1C a piece 400 to equal a XPY coin so 4$ the basement essentially.
The cost of the haslet is irrelevant for anything other than calculating your total ROI. Your opportunity cost is the difference between what you gave up and what you gained. What you gave up was mining for 0 BTC. What you gained was something worth 0 BTC. Therefore, your cost for the coin was zero. It cost you exactly nothing to mine it. You didn't even have to give up BTC revenue to mine it. That $0.01 value for a HP was something arbitrary that GAW assigned. It had no real value. That's like saying XPY is worth $20 because I say so.
Remember, the basement/floor is really https://www.youtube.com/watch?v=2V3CfD8TPac
No it cost me the price of the hashlets that never expire - Remember that - sure I can find a few screen caps around here. Oh im sorry always profitable.three letters N.O.T ROI is irrelevant - Do tell where do you get your business ideas from. You wont be in business long if ROI is irrelevant.
I was curious about this whole $4/XPY value people keep throwing around. You actually answered that, so for that, thank you. I had forgotten it was another GAW dictated value of $0.01 per hash point.
Please read my post again. I never said that ROI was irrelevant. I said that the cost of the hashlet is irrelevant when calculating the cost of the XPY to GAW customers that mined HP. You had a choice to mine a scrypt pool at 0 BTC per day or mine the HP pool at 0 BTC per day. It cost you nothing to mine those HP. Coincidentally, those were worth nothing too. However, they turned into something of value, even if only briefly.
I'm glad that you can speak dismissively about my "business ideas" and competence when you are the one that apparently let greed get the better of you by purchasing hashlets based on unrealistic and empty promises.