Dear Diary: You Can Mine Bitcoin At Hashnest And Trade The Hash Power Too

in untalented-mama •  7 years ago  (edited)

BTG.JPG

To cloudmine is human. To trade, divine

If you ever heard of the Antminers, they are the one of the most efficient mining machines made by Bitmain which also own Hashnest, a mining farm that allows you to mine Bitcoins and Litecoins, trade them and trade Bitcoin Cash too at reasonable prices. The Hash power is largely dictated by the market prevailing prices which is influenced by many factors such as the current Bitcoin price and it's fluctuations through volatility and if additional miners are offered, the price then would go down considerably.

But what is awesome about mining at hashnest is that you can liquidate your hash power through the built-in trading market if you do not want to mine anymore. You can get out with your money that you had put in plus your profits unlike in other mining companies where you are forced to ROI first before you get see your money back.

Right now there is an upward trend in hash power prices so you can buy now and sell later when prices go up some more. Later the prices will go down and you can buy back the hash power so you can get an additional mine power. Some people just trade the hash power and just sees the mining as an additional money that comes in. The price of the hashpower swings in a long volatility option and you do profit when the swing catches up your buy or sell order.

Now, because of the excellent price of Bitcoin, mining gets very profitable at Hashnest and if you have some spare bitcoin, you can go and register at and start buying hash power through their market and start to cloudmining or just trade if you want and start to set up your buy and sell order. Don't forget your 2FA code for security purposes.

Photo credit: Hashnest

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It seems like an interesting concept!

the improved bitcoin market is very profitable hopefully the future will continue to improve

good work @cryptopie thanks for the information about bitcoin market

information that is very useful for me @cryptopie

  ·  7 years ago (edited)

many ways to trade bitcoin one of them at Hashnest.
thanks for sharing @cryptopie

do you think it's better to block trade or hastnest ?
@cryptopie

Going to check this out thanks a lot

My little Antminer collection is chugging away quite nicely at the moment, this Hashnest thing seems a bit different I might have to give it a try when my miners generate a decent amount of bitcoin.

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