Post
Topic
Board Service Discussion
Re: HASHNEST Discussion and Support Thread
by
Minerjoe
on 26/03/2015, 20:24:41 UTC
Sorry dont want to read the last 101 pages  Tongue

Umisoo or S5 ?? Which one is the best invest in your opinion ?

I guess the new contract is better.

You will get 100 opinions on this.

My take - if you believe BTC will continue to go up - UMISOO is best buy.


If you believe BTC price will go below $200 and stay there for a while. Why are you going to invest in overpriced cloud mining?

Price for S3,S4,S5 is way to high for the lower maint cost in my opinion. I purchased a truckload of Umisoo over the last 3 months. So far very happy with my purchase but ask me 3 months from now if it was the right call.
I have been buying up S4 hashing, It seems to have more positive payouts after maintenance fees...... I am considering buy either S5 or perhaps UMISOO not sure which would be best lol, but I like the 200.00 BTC threshold in your example  Wink Just thinking out loud after reading your post....

You need to put difficulty growth into calculation as well. If fees on Umisoo take 85% of your payouts for example and the diff goes up 5%, it s gonna be close to 90%. So basically, even if the price stays the same but diff goes up, these less efficient miners might get shut down. Unless you expect significant BTC jump which s possible, one can never know.

Yes and I have done that. I am banking on a nice increase in BTC price but of course that could be completely wrong. Also keep in mind anyone who has been purchasing Umisoo over the last few months has done so at a much lower cost than it is currently. The price touched .000099 /GH briefly.

But I do stand by my original statement. If you think BTC price will stay where it is why are you purchasing cloud mining? All versions of Hashnest are overpriced at the current BTC price. You are well over 200 days ROI on everything.

True. But again, do you really see any other BTC related investment that s legit and can provide ROI at all? 200 days s not so bad in any other industry.