HashNest Earnings 6/28 - 18 days, Low output

in #litecoin7 years ago (edited)

As promised, here's an update on our purchase of 4 L3+ rigs from HashNest. Mining started on June 10. So we had 18 days of mining with total payout of 79.91 LTC ($3,400 in today's rate) less maintenance of 2.64 LTC ($112).

Notice the white graph which shows the mining output. Lowest was on 6/23 with only a payout of 3.03 LTC. Antpool only found 76 blocks on that day. While on 6/19, with the highest output for our hash rate, AP found 150 blocks!

We also upgraded the Hash Power from 2016 to 2044 using Hash Nest's market feature. Thru the market we can purchase HP offered by people with rigs that have excess/unutilized HP.

The Market

ROI

We calculated our ROI to be (conservatively) within 4-5 months but we're targeting 3.5 months. One strategy is we'll be reinvesting part of the proceeds to fight off the increasing difficulty.

I hope you liked this post.

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Thank you!

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I mine with Hashnest for about a day and i have to say that the efficient of mining is pretty good. I can definitely recommend it. :)

it is. I also mine in Genesis-mining but Ether has been having problems so I might move my reinvestments to HashNest. Were you able to get the L3+ miner? Thanks for replying too!

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That is some serious hashpower. I wish there were more L3+ available...I learned about it a few days too late.

Thanks! The D3 (Dash miner) recently released sold out within minutes. I'll post an update on our rig output in t he next few days.

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