Post
Topic
Board Service Discussion
Re: Hashnest 's newest PACMiC Cloud Mining Contract
by
TracerX
on 13/08/2015, 01:10:10 UTC

Should be around an 8.5% APR, will have to double check my spreadsheets though to make sure that is about right.



Hashnest website says annualized ROI is 25.2288%, so either they are guilty of false advertising or your calcs are way off.

Here is my spreadsheet...
https://docs.google.com/spreadsheets/d/1zbKKyXtW0vcfGDufk_UIRg_gAi0JzjsFwvB7LGj8bOI/edit?usp=sharing

I am not getting to the 25% APR, perhaps I have an error?  Can anyone correct my calcs for the V2 and V3?

So your 7% is based on the 107 days your contract ran.  If it had ran for a full year, hence an "Annual Percentage Rate" it would be around 25%.