Re: HASHNEST Discussion and Support Thread

exellent product and price

Are you serious

PETA is at ฿0.00065 per GH (~0.34$)
https://www.havelockinvestments.com/fund.php?symbol=PETA
Shareholders there own the hardware.

Hashnest is more than double the price

฿0.00135 per GH (~0.65$)

with some weird conditions about UMISOO owning hardware

Quote from: GenTarkin on September 02, 2014, 06:12:10 PM

"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.

it is not true. peta has broken 1 unit (equivalent to 1GH/s) into 14 units. Now 1 unit only represents 1/14 of 1GH/s. It means that 1GH/s is equal to 0.00065*14=0.0091 BTC.

NOT true. the stock was split but the price you quoted was for 14GH before the split

1 Unit is 0.00069849BTC currently, much cheaper than UMISOO
and each unit is 1GHS (in fact, a little extra)

I have done some calculations on bitcoinwisdom for 1Ghs/day you get 0.00001834 btc And on Havelock it stays that for 1 share of Petamine which is 1Ghs is paying only ฿0.00000408 for dividend. But I am not sure how many times they pay the dividend per day.