Post
Topic
Board Service Discussion
Re: HASHNEST Discussion and Support Thread
by
plexasm
on 17/07/2016, 00:00:46 UTC
No need to be this rude, he was making a good point. And luck shouldn't factor in at all, as you claimed, provided he has all of his machines pointed at Antpool.

Hashnest is in China and the Data Center in the comparison in Washington, USA. Since the biggest part of the maintenance fee is electricity, it begs the question why the maintenance fee in China is higher than in Washington, when electricity prices in China are FAR cheaper. And what about other factors to consider when calculating a maintenance fee? Cost of labor? Cheaper in China. Real estate cost / rent for the space? Cheaper in China. Additional parts you may require, like cables, fans, everything to keep your operation going? Cheaper in China.

So why is the Hashnest maintenance fee higher than the fee of a USA data center? That's the question to consider. And I think the answer might be a built in profit margin in the Hashnest maintenance fee.

Yes I think this is a very good point. Hashnest is most likely setting maintenance costs artificially high. Energy/real estate is dirt cheap in China which is why most miners want to be there. Maybe if we all complain about the unrealistic maintenance costs they'll take some action