Quote from: mercedes321 on June 12, 2021, 09:36:23 PM

Quote from: PeaMine on June 12, 2021, 04:03:15 PM

Quote from: mercedes321 on June 12, 2021, 12:00:54 PM

can someone tell me if hashnest is working, i kinda went out, so i dont know atm if they mine or not,..

any feedback would be cool, so i could decide to start slowly invest back into mining...thanks

Trading on the market works, but the miner income themselves, not so much.

Right now for the most part, I don't think GPU cards or most market traded ASICs are paying out or costing electricity.

My GPU cards last payout was May 20th and was partial.
Z11 payouts are around half of what they state.
Same for K5 and U6 before things went down.

If you run the math, since the cost of electricity on these are still 100%, but payout is 50-66% of what it should be, you're simply treading water.
Now that the coin market has popped and crashed almost 50%, many of these once desirable miners are not a good investment any more until coins recover more value.
They need to reduce the cost of electricity by the amount of hashrate lost. Paying for hashrate that doesn't exist, sounds pretty bad.

thanks, so they still pay out,..that good news actually with all this china baning news out there i thought they would simly stop mining and move again somehwere else, maybe norway

They are still paying out on Z11 but to my knowledge that is it, and it's 1/4th what you should be getting.
However, you are only charged for the electricity in ratio to this so 1/4 electric fees. Just gotta buy 4x what you normally would, but best payout ratios from any cloud service I know