Post
Topic
Board Service Discussion
Topic OP
Hashnest costs
by
xbtman
on 02/01/2017, 18:16:34 UTC
I was looking at Hashnest and buying 1 THs of S9. I am a little unclear on the costs that they will charge. I see they will charge $.21 USD/THS/Day maintenance. Power is rated at .115 W/GHS, so 1THs will mean 1150 W. I don't see a separate electricity fee on the site, so is it included in the maintenance?

At the current bitcoin price and going rate, it look like 1THs of S9 will cost $138. If I assume 3% difficulty increase and 2% mining pool charge I don't see that you can make money on this according to Bitcoinwisdom calculator

https://i.supload.com/rJL7uGurl.png
note: in the calculation I took the daily maintenance and divided it by 24 and stuck in the electricity cost and used 1kw

Am I missing something? People seem to say going with Hashnest is a good idea, but with the current cost/maintenance fees you can't make any money from what I have calculated (and this is assuming electricity is part of maintenance fee). Please let me know if this is correct.