Quote from: jpchrist on September 04, 2014, 08:30:37 PM

If anyone is curious just how bad of a deal bitmains hashnest is, here are the number assuming their current maintenance fee, cost, 15% diff increase, and very optimistic btc value of 700. Bottom line: you are nearly guaranteed to lose ~1/2 your investment. Shame on you bitmain.

FYI: would need to average < 7% diff increase to turn a small profit.

Even the S1 upgrade kits at .46 btc lose money which sucks. I was going to buy 30 of them but looks like I'd be best to hold onto my BTC instead.