Post
Topic
Board Service Discussion
Re: HASHNEST Discussion and Support Thread
by
001sonkit
on 02/09/2014, 18:15:45 UTC
"UMISOO will stop mining if the earning are equal to the electricity + maintenance fee. The miner will then be kept for 10 days. UMISOO will process the miner if the earning is still less-than or equal to the electricity + maintenance fee. The residual value belongs to UMISOO."

WTF does this mean?
Best I can figure is ur SOL if btc plummets in price and all the sudden the miner doesnt mine above the line. After 10 days they just stop mining all together and ur just fucked? I dont know...

Some miners actually would keep mining below the line to get BTC and hoard.... I dont think its right they just terminate ur hashrate.
Reason 1: 50% of the most important info are in Chinese (QQ Groups or chinese version website, english translation are lossy like JPEG30)
Reason 2: This situation here is a lot better already compared to those buying like 2T in the QQ group even they are all native.  Undecided

Your question, please refer to my old post: https://bitcointalk.org/index.php?topic=765128.msg8626382#msg8626382

EDIT: Told the representative about this crappy translation in QQ, not edited.