AMHash1: Cost-Effective Mining Contract - page 109.

galdur

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Quote from: DARKANGEL6415 on January 01, 2015, 07:15:22 PM

Quote from: tonygal on January 01, 2015, 11:32:37 AM

Right, I'm happy I dumped my stake here yesterday and that at least I could
get out with a tiny profit instead of a loss. Still I think the pressure on AMhash
comes mainly from Hashnest's pricing, not so much from the difficulty or from the
BTC/USD rate.

you might be right in saying the price drop is from hashnet low price offers, but i think it is dropping due to difficulty going up. Also i do think the USD does affect bitcoin price affecting prices of shares i think

The fee is in USD so the lower BTC price the higher fee and lower

dividends.

DARKANGEL6415

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Quote from: tonygal on January 01, 2015, 11:32:37 AM

Right, I'm happy I dumped my stake here yesterday and that at least I could
get out with a tiny profit instead of a loss. Still I think the pressure on AMhash
comes mainly from Hashnest's pricing, not so much from the difficulty or from the
BTC/USD rate.

you might be right in saying the price drop is from hashnet low price offers, but i think it is dropping due to difficulty going up. Also i do think the USD does affect bitcoin price affecting prices of shares i think

drasted

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Quote from: rponder on January 01, 2015, 05:25:44 PM

will they set the main servers to drop difficulty for the small block rewards so that the may be mined more quickly?

Who is "they" and what main servers? You might need to read up on how bitcoin works

l3sny

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Any idea when are they going to start the payments for the transferred hashie accounts?

twentyseventy

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Quote from: rponder on January 01, 2015, 05:25:44 PM

another question, really the value dropped, now when the blocks halve next year sometime or a little after, will they set the main servers to drop difficulty for the small block rewards so that the may be mined more quickly? i mean, anytime you r able to trade an increment of credit in for cash the government does have some involvement within the system

The difficulty is independent of the block reward, so no.

DARKANGEL6415

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Quote from: gog1 on January 01, 2015, 05:08:20 AM

Mining's really in some way a bet on difficulty - those who bought in at the IPO would have very well in BTC terms as the difficulty was relatively stable the last few adjustments.

USD / BTC seems to hold pretty firm at 300 USD which provides a ceiling on the maintenance fee in BTC terms, but difficulty seems to be shooting up again. Having really follow mining closely any more - someone released new chips? new ASIC?

lets hope for btc to go up to and hold at $400 - $450 price range would be awesome

rponder

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another question, really the value dropped, now when the blocks halve next year sometime or a little after, will they set the main servers to drop difficulty for the small block rewards so that the may be mined more quickly? i mean, anytime you r able to trade an increment of credit in for cash the government does have some involvement within the system

NeonTranceBadger

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Quote from: ?? on ??

Quote from: NeonTranceBadger on January 01, 2015, 05:00:10 PM

Has anyone who transferred their Hashie.co GH/s to AMHASH.com received any payments since the transfer? I'm 2 days with no payments to BTC address.

payments are not yet enable, and i as far i "know" when they payout it will pick out from 28, so we only can wait.

Thank you, so hopefully we get paid for the past two days.

NeonTranceBadger

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Has anyone who transferred their Hashie.co GH/s to AMHASH.com received any payments since the transfer? I'm 2 days with no payments to BTC address.

gog1

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Quote from: tonygal on January 01, 2015, 08:40:33 AM

Can you all explain to me where you see difficulty shooting up?? Last adjustment
was +3% and bitcoinwisdom gives me a +8.5% prediction for the next one. Factoring
in the returnees from paycoin, that's absolutely tame.

compare to the prior double digit adjustment 6 months ago, 8.5% is relatively tame. Will we be back to those double digit days or difficulty makes one 'big' jump then plateau as in the past 3 months - it is hard to say. but at current price level, even assuming no difficulty increase, we are talking about 140-150 days to recoup all the investment - which is a long time in bitcoin land.

AMHash1 though still seems to be one of the better games in town when it comes to cloud hashing.

galdur

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It just keeps ballooning

Estimated Next Difficulty: 44,835,567,206 (+10.32%)
Adjust time: After 1708 Blocks, About 10.8 days

galdur

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Maybe, but of course all markets try to be ahead of the curve.

tonygal

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Right, I'm happy I dumped my stake here yesterday and that at least I could
get out with a tiny profit instead of a loss. Still I think the pressure on AMhash
comes mainly from Hashnest's pricing, not so much from the difficulty or from the
BTC/USD rate.

galdur

hero member

Activity: 616

Merit: 500

Well, I certainly hope that many more see this as tame and therefore

maybe shore up the pretty much non-existent bid.

If someone suddenly decided to get rid of 5000 shares quickly the price would

be at .0008.

tonygal

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You have to put it in the right perspective, than you see all the beautiful tameness Wink

That Amhash-1 won't make us rich is another topic alltogether..

galdur

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Doesn´t look very tame to me

If the current diff. increase projection (+8.65%) holds up and if BTC stays even

then the dividend will drop to .00000680/share on Jan. 12th.

Maybe it´ll be 700, maybe 650 nobody knows now of course but it´ll take

a hit for sure. Well, unless BTC suddenly springs to life but in that unlikely

event even more equipment would come online resulting in even more difficulty

so there you are.

Edit: (+10.90%)

Puppet

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Quote from: tonygal on January 01, 2015, 08:40:33 AM

Can you all explain to me where you see difficulty shooting up?? Last adjustment
was +3% and bitcoinwisdom gives me a +8.5% prediction for the next one. Factoring
in the returnees from paycoin, that's absolutely tame.

You may call it tame, but its enough to push AM1 contracts under water, last time I checked ~4% was the limit (edit: its 3.3% now with the decreased exchange rate).
More importantly, from those I listed, I assume only bitmain is actually deploying and/or shipping. Next gens from AM, BF, KnC and SP will take a few more weeks/months but they are all scheduled for Q1.

tonygal

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Can you all explain to me where you see difficulty shooting up?? Last adjustment
was +3% and bitcoinwisdom gives me a +8.5% prediction for the next one. Factoring
in the returnees from paycoin, that's absolutely tame.

Puppet

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Quote from: gog1 on January 01, 2015, 05:08:20 AM

someone released new chips? new ASIC?

Bitmain just came out with the S5 and have already doubled or tripled their pool's hashrate recently
Bitfury was supposed to deliver their new 28nm chip around this time, but Ive not heard anything about it.
AM has received samples of their 28nm chip a few weeks ago, volume production should begin in a month or two.
Spondoolies is shipping from stock and it seems even BFL may be back in business again for the time being.

Expect difficulty to keep going up for quite some time.

alevlaslo

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earn only asics manufacturers, asics ellers and the network itself

however, to recoup asic may, if it is bought at the price of the manufacturer or the cloud, but in this case, after the payback asic will not sell already, worthless, and whether or not this game is worth the candle? For very large purchases can and should...

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