Post
Topic
Board Service Discussion
Re: HASHNEST Discussion and Support Thread
by
BITMAIN_Janet
on 18/03/2015, 09:10:04 UTC
I buy 1 TH/s for 1 bitcoin.  The first block is solved and I am awarded 50,000 satoshi's, of which 10,000 is profit.  I am paid and my contract is decreased by the 40,000 that goes towards principal, leaving my unpaid balance at .99960000, but I now have 50,000 satoshi's in my wallet.  I now buy another contract for 50,000 satoshi's, which is supposed to pay me back 50,000 satoshi's plus profit.  Adding that into my other contract, I now have a contract hashing at 1.00050000, but they only owe me 1.00010000.


Hi DebitMe,
Excellent answer, you know how PACMiC works very well  Cool

When your contract hashing at  1.00050000TH/s, but your cost/capital is 1.00010000BTC. Mining revenue per PPLNS payout is increasing along with your reinvest, so daily profit and and paid back are increasing too.

Some day, if you disable 'rebuy', Duration of ROI is further speeding up due to the only increasing of hashing power.