The difficulty isn't going to go down with more mining hardware. We have had difficulty increases of 500x in a year with new technologies (GPU mining), same things will happen after supply issues are resolved
This asset is pure shit. Drafted by teh guy that thinks he can mine more coins in a year than the total reward.
Topic: AMC Has Again Increased its Future Hash Power: 5.651 TH/s Estimated. - page 3. (Read 4217 times)
May 29, 2013, 10:11:21 PM
May 29, 2013, 10:00:35 PM
Calculating the projected profit on today's difficulty is the only was to get an idea of what the profit might be.
I fully disclose that the difficulty may increase or decrease in the future and the projected profit is an estimate.
how about you assume something modest, like 15% difficulty increase per month?
How is that any better, what if something happen and the difficulty went down, nobody really know what the
difficulty is going to do. Seems to me to just calculate it at what we know and make a disclosure that the
difficulty may go up or may go down in the future and these are just estimates.
May 29, 2013, 09:56:11 PM
Did this really need a whole new thread when the same thing is right below?
May 29, 2013, 09:49:22 PM
Calculating the projected profit on today's difficulty is the only was to get an idea of what the profit might be.
I fully disclose that the difficulty may increase or decrease in the future and the projected profit is an estimate.
how about you assume something modest, like 15% difficulty increase per month?
May 29, 2013, 09:24:35 PM
If and only if you would give a precise date of deployment of your claimed hash rate and the projected revenue based on the predicted difficulty at that time, your report would look more convincing. Calculating the projected profit based on today's difficulty is misleading. Bitcoin mining is a very competitive business, hardware becomes outdated in no time, your claimed 5.651TH is nothing after a few months, dare I say.
Deployment of 6 Avalon's in a couple of weeks, if Avalon ships the units soon.
68 16 chip BkkCoin boards in 4-6 weeks
10,000 Avalon chip order in 9-10 weeks
Second batch of 10,000 Avalon chips 9-10 weeks after we place the order.
Calculating the projected profit on today's difficulty is the only was to get an idea of what the profit might be.
I fully disclose that the difficulty may increase or decrease in the future and the projected profit is an estimate.
May 29, 2013, 09:10:46 PM
If and only if you would give a precise date of deployment of your claimed hash rate and the projected revenue based on the predicted difficulty at that time, your report would look more convincing. Calculating the projected profit based on today's difficulty is misleading. Bitcoin mining is a very competitive business, hardware becomes outdated in no time, your claimed 5.651TH is nothing after a few months, dare I say.
May 29, 2013, 09:00:50 PM
Just sold it all. I am out of this.
May 29, 2013, 08:45:27 PM
I guess we'll just continue to spam forums with an overpriced AsicMiner 2.0 that is inferior in every way...
May 29, 2013, 08:35:30 PM
C'mon man...
May 29, 2013, 08:32:49 PM
what was the previous hash power? besides zero. otherwise what are you announcing other than an increase of x% over your previous claim of infinitely more hashing power than you actually have?
May 29, 2013, 08:25:41 PM
SPRINGFIELD, MO, – May 29, 2013 – VMC a manufacturer of the Fast-Hash Bitcoin Mining Machines has announced today that they will purchase a second full batch (10,000) of Avalon chips to build ~31 Fast-Hash-80's for AMC should AMC provide the capital in the next few weeks, this would bring AMC's machine total to ~71 units. The ~71 machines will bring the cooperatives hash power to ~5,650,816 MH/s, ~35,651 GH/s, or ~5.651 TH/s. At the current Difficulty (which may be more or less in the future) of 12,153,412 this will bring the estimated total revenue as of this writing to a total of $30,318.86 per day and a yearly amount of $8,681,346.78. Active Mining Corporation is a Vanuatu International Business Company DBA Active Mining Cooperative (AMC).
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