Post
Topic
Board Service Discussion
Re: HASHNEST Discussion and Support Thread
by
ps_jb
on 17/07/2016, 08:29:19 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.

1) Rude. My apologies to you for that.
2) Luck. Nobody screamed and bitched when Ant has a 7 days in a row luck ~120%. Now we have for 3 month 98%. It means that this mining oligarch who is making whole solid $3 per day lost for 3 months (90 days) $5.4. It is whole $1.8 of pure loses per month.
3) Maintenance fee. Obviously inability to get a full profit from datacenter immediately puts the managers of this datacenter into the definition of idiots. Chinese here got the full advantage of being world's largest colo for ASICs
4) Profit model. Yes - maintenance fee is a part of profit for HashNest

Summary:

If you dont like Hash - buy miner and colo in WA.
If you are looking for company which will build their profit model around your satisfaction - you better try to find a qualified medical help to get rid of these illusions