Hashnest Earnings 6/19 - So far so good
This is a follow up story on my post about Hashnest's L3+ miner going out of stock. Well, we were lucky to get 4 units but not the 6 units we intended.
Here's the status and so far so good:
Hash Power: 2016 (4 L3+ miner)
9-10 days: 41.5 LTC ~ $1867 (@ $45 USD/LTC)
In about 20 days we'd have recovered the cost for 1 unit.
Img source: Hashnest dashboard
Common with all cloud based mining, as the coin's value against the USD increases, the output for the day decreases... I don't know the logic behind it yet, could be difficulty, could be something else.
I'll be posting our Genesis-mining stats if anyone is interested.
Thanks for reading!
As the price increases other miners take notice and switch to the more profitable coin (sometimes automatically), increasing the difficulty and lowering how much your miner would earn.
yeah i guess.. and you're probably referring to mining pools ? i don't think individual miners will have much effect.. unless you account for 1-5% of the total HP
wow thats pretty good $$$, but it only mines LTC right ? is it able to mine other alts ?
and how much for each ? thanks for the update.
Yeah LTC only. If you order for the L3+ it's only under 2K USD. You have to power it and maintain it yourself. If you have it hosted in hashnest's DC, it's 3600 USD, which covers maint costs. I believe it can mine Scrypt coins.
Thank you for the info :)
you're welcome @epixar! I'll be posting an update soon as I've increased my HP.