Quote from: alani123 on September 21, 2014, 07:29:06 AM

Quote from: defcon23 on September 21, 2014, 06:59:19 AM

Quote from: ajw7989 on September 20, 2014, 09:54:39 PM

fees for s1 miner are over 100% so is it a negative return?

exactly ... you just lost money day after day...

hashnest.com posted the following:

Quote from: hashnest.com on September 18, 2014, 12:23:38 PM

As the earning of AntMiner S1 on HASHNEST is nearly equals to the Electricity + Maintenance fee, there are 2 solutions for discussion:

1. HASHNEST will process the AntMiner S1, and the residual value will transfer to BTC, then, equally share to every S1 users.

2. Transfer the hash rate of the AntMiner S1 to UMISOO under the ratio of 2:1, and the residual value belongs to UMISOO.

I don't know for how much longer this is going to take for them to finish, but it would be interesting to see what option they choose and what's going to happen afterwards.

you probably dont read this post:

Quote from: defcon23 on September 16, 2014, 05:42:37 AM

Quote from: defcon23 on September 15, 2014, 01:50:15 PM

Hashnest : dont you see like a problem here Huh

:
2014-09-15 20:30:24 -0.0010816 Mining Maintenance Fee: AntminerS1
2014-09-15 20:30:24 +0.0005909 Mining Earnings: AntminerS1

Undecided

the fees are simply higher than earnings ! Undecided

that's a shame ..