Post
Topic
Board Service Discussion
Re: HASHNEST Discussion and Support Thread
by
defcon23
on 21/09/2014, 09:00:21 UTC
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:

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: 
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 ..
Wink