Topic: AMHash1: Cost-Effective Mining Contract - page 145. (Read 304259 times)
20956 satoshi paid up to date, thats 16,75% of 125000 IPO price. We should see 20% at the end of the month.
How´s it going there in the Havelock graveyard ?
Dividend dropping yet ?
Might be a buy when it has been sold down to .0008.
Dividend dropping yet ?
Might be a buy when it has been sold down to .0008.
If ignorance is bliss, you must be one happy fellow. Of course AMHash shares will drop as mining difficulty increases and dividends decrease - that's the point of this particular IPO.
Given the current dividend this is probably a buy at .0008 now.
How´s it going there in the Havelock graveyard ?
Dividend dropping yet ?
Might be a buy when it has been sold down to .0008.
Dividend dropping yet ?
Might be a buy when it has been sold down to .0008.
If ignorance is bliss, you must be one happy fellow. Of course AMHash shares will drop as mining difficulty increases and dividends decrease - that's the point of this particular IPO.
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How´s it going there in the Havelock graveyard ?
Dividend dropping yet ?
Might be a buy when it has been sold down to .0008.
Dividend is positive correlation to BTC price for maintenance fee is sticked on USD.Dividend dropping yet ?
Might be a buy when it has been sold down to .0008.
AMHash Team
hero member
Activity: 672
Merit: 500
ADAMANT — the most secure and anonymous messenger
How´s it going there in the Havelock graveyard ?
Dividend dropping yet ?
Might be a buy when it has been sold down to .0008.
unfortunately the graveyard at havelock is not going to the price you mentioned. I would love for it to go to .0008 so i can buy more but instead the price is almost 0.00123 at the time i checked. If you have some you want to sell me direct for cheap i will buy them Dividend dropping yet ?
Might be a buy when it has been sold down to .0008.
How´s it going there in the Havelock graveyard ?
Dividend dropping yet ?
Might be a buy when it has been sold down to .0008.
Dividend is positive correlation to BTC price for maintenance fee is sticked on USD.Dividend dropping yet ?
Might be a buy when it has been sold down to .0008.
AMHash Team
Imagine you have 30% of the hashrate today. So your getting 30% of the coins mined, on average. Then, someone comes along and puts his huge mining farm online, that's way bigger than what you had. Say the difficulty won't be adjusted for another week or so. Now you no longer have 30%, but 5%. Do you think you'll still be mining 30% of the coins on average, until the difficulty is adjusted? And that huge new mining farm is mining 0 coins until the difficulty increases? The blocks will be found faster, but your % of the blocks found will be smaller, no?
There is no central entity controlling percentage (or hashrate if you want) or amount of bitcoins mined daily. The only way how the amount of mined bitcoins is controlled is difficulty adjustment after 2016 blocks.
So if someone adds 100% more hashrate the amount of mined bitcoins daily will DOUBLE, your percentual share will drop but your amount of BTC mined will remain unchanged untill next difficulty adjustment ...
But for daily calculations, when diff doesn't change, BTC mined will remain unchanged.
And since we are hijacking this thread, can we put this behind, or move somewhere else?
No ukja is right. The time to find a block is determined by the difficulty not the actual hashrate.
However adding hashrate does instantly affect profitability because it will cause the difficulty to change sooner.
However adding hashrate does instantly affect profitability because it will cause the difficulty to change sooner.
Like I said, I think two different things are being discussed.
If you had 50% of the network hash rate today, how much would you earn over a 24 hour period?
If you only had 10% tomorrow, how much would you earn over a 24 hour period?
But because the difficulty would change sooner if that much new hashrate is put online, my earnings for the whole period will be lower. jimmothy pointed that out.
How´s it going there in the Havelock graveyard ?
Dividend dropping yet ?
Might be a buy when it has been sold down to .0008.
Dividend dropping yet ?
Might be a buy when it has been sold down to .0008.
Imagine you have 30% of the hashrate today. So your getting 30% of the coins mined, on average. Then, someone comes along and puts his huge mining farm online, that's way bigger than what you had. Say the difficulty won't be adjusted for another week or so. Now you no longer have 30%, but 5%. Do you think you'll still be mining 30% of the coins on average, until the difficulty is adjusted? And that huge new mining farm is mining 0 coins until the difficulty increases? The blocks will be found faster, but your % of the blocks found will be smaller, no?
There is no central entity controlling percentage (or hashrate if you want) or amount of bitcoins mined daily. The only way how the amount of mined bitcoins is controlled is difficulty adjustment after 2016 blocks.
So if someone adds 100% more hashrate the amount of mined bitcoins daily will DOUBLE, your percentual share will drop but your amount of BTC mined will remain unchanged untill next difficulty adjustment when it will halve.
Or on the opposite side, if everybody shut down miners except you today, you wouldn't mine single bitcoin more untill difficulty readjustment and if you had for example 1 TH/s it would take hundreds of years because you'd have to mine all remaining blocks yourself at huge difficulty
so the daily amount of mined bitcoins would be most of the time 0.hero member
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so if i read last few post correct then, if btc is lets say at like $600 for example. Does this mean we would be getting dividend payouts of like .00001300 per GHS or am i assuming wrong. Once again i am makin up number not saying will be that on the dot lol so please dont cook me alive saying my math is of or blah blah blah haha 
No. Bitcoin value on has an effect on the maintenance fee as that is converted from dollars to bitcoin and subtracted by the earnings. The earnings are calculated as follows:
The payout rate before fee subtraction is 25 / (difficulty * 4.295) BTC per unit per second. <--no dollars in calculaltion
P.S. I won't "cook you alive" about your math but your spell check is off too.
Now I'm interested in the phrase "cook me alive". How do you say it in your native language; it certainly isn't something we use in the English language.
No ukja is right. The time to find a block is determined by the difficulty not the actual hashrate.
However adding hashrate does instantly affect profitability because it will cause the difficulty to change sooner.
However adding hashrate does instantly affect profitability because it will cause the difficulty to change sooner.
Like I said, I think two different things are being discussed.
If you had 50% of the network hash rate today, how much would you earn over a 24 hour period?
If you only had 10% tomorrow, how much would you earn over a 24 hour period?
Those two values are not the same. If they were, the percentage of the network hash rate would not matter and 1 Gh/s would earn just as much as 1 Ph/s. Clearly, that is not the case. 3600 BTC would be mined each day if the network hash rate was static. The percentage of that 3600 BTC that a miner gets is equal to their percentage of the network hash rate.
so if i read last few post correct then, if btc is lets say at like $600 for example. Does this mean we would be getting dividend payouts of like .00001300 per GHS or am i assuming wrong. Once again i am makin up number not saying will be that on the dot lol so please dont cook me alive saying my math is of or blah blah blah haha
No. Bitcoin value on has an effect on the maintenance fee as that is converted from dollars to bitcoin and subtracted by the earnings. The earnings are calculated as follows:
The payout rate before fee subtraction is 25 / (difficulty * 4.295) BTC per unit per second. <--no dollars in calculaltion
P.S. I won't "cook you alive" about your math but your spell check is off too.
Now I'm interested in the phrase "cook me alive". How do you say it in your native language; it certainly isn't something we use in the English language.
hero member
Activity: 672
Merit: 500
ADAMANT — the most secure and anonymous messenger
so if i read last few post correct then, if btc is lets say at like $600 for example. Does this mean we would be getting dividend payouts of like .00001300 per GHS or am i assuming wrong. Once again i am makin up number not saying will be that on the dot lol so please dont cook me alive saying my math is of or blah blah blah haha
No. Bitcoin value on has an effect on the maintenance fee as that is converted from dollars to bitcoin and subtracted by the earnings. The earnings are calculated as follows:
The payout rate before fee subtraction is 25 / (difficulty * 4.295) BTC per unit per second. <--no dollars in calculaltion
P.S. I won't "cook you alive" about your math but your spell check is off too.
Imagine you have 30% of the hashrate today. So your getting 30% of the coins mined, on average. Then, someone comes along and puts his huge mining farm online, that's way bigger than what you had. Say the difficulty won't be adjusted for another week or so. Now you no longer have 30%, but 5%. Do you think you'll still be mining 30% of the coins on average, until the difficulty is adjusted? And that huge new mining farm is mining 0 coins until the difficulty increases? The blocks will be found faster, but your % of the blocks found will be smaller, no?
More blocks will be found in an hour by all miners, but your expected number of blocks will stay the same (remember - it's based on on current diff, not on the total hashrate). Until that next diff adjustment.
I think you guys are talking about different things. AMHash's (and cloud mining in general) payout is based on difficulty. Mining isn't though. Mining payout (ignoring variance) works exactly like MichaelBliss said.
No ukja is right. The time to find a block is determined by the difficulty not the actual hashrate.
However adding hashrate does instantly affect profitability because it will cause the difficulty to change sooner.
Imagine you have 30% of the hashrate today. So your getting 30% of the coins mined, on average. Then, someone comes along and puts his huge mining farm online, that's way bigger than what you had. Say the difficulty won't be adjusted for another week or so. Now you no longer have 30%, but 5%. Do you think you'll still be mining 30% of the coins on average, until the difficulty is adjusted? And that huge new mining farm is mining 0 coins until the difficulty increases? The blocks will be found faster, but your % of the blocks found will be smaller, no?
More blocks will be found in an hour by all miners, but your expected number of blocks will stay the same (remember - it's based on on current diff, not on the total hashrate). Until that next diff adjustment.
I think you guys are talking about different things. AMHash's (and cloud mining in general) payout is based on difficulty. Mining isn't though. Mining payout (ignoring variance) works exactly like MichaelBliss said.
Imagine you have 30% of the hashrate today. So your getting 30% of the coins mined, on average. Then, someone comes along and puts his huge mining farm online, that's way bigger than what you had. Say the difficulty won't be adjusted for another week or so. Now you no longer have 30%, but 5%. Do you think you'll still be mining 30% of the coins on average, until the difficulty is adjusted? And that huge new mining farm is mining 0 coins until the difficulty increases? The blocks will be found faster, but your % of the blocks found will be smaller, no?
More blocks will be found in an hour by all miners, but your expected number of blocks will stay the same (remember - it's based on on current diff, not on the total hashrate). Until that next diff adjustment.
New dividend payout is 0.00000784. Lower day by day. Any idea why?
Beside the exchange rate affecting the maintenance fee, that's how mining works. If you had 1 GH/s and the network hash rate was 100 Gh/s you would have 1% of the network hash rate. Around 3600 BTC are mined each day, so if you controlled 1% of the network you would receive 1% of that 3600 BTC. Now if the network increased to 200 GH/s you would only control 0.5% of the network hash rate and would receive 0.5% of the 3600 BTC.
So, if the network hash rate increases, your payout decreases.
That's true only after difficulty adjustment of course. If hashrate grew 100% in one day your own earnings would be unaffected untill diff change, just the blocks would have been mined twice as fast on average.
Only if you were the cause of the increase in hashrate. If it's competitors putting more equipment online, then naturally your slice of the pie will get smaller, since odds are now less that you will solve the block.
No this isn't true. The odds haven't changed! Finding a block is based on the difficulty and your hashing rate so if the network speed were to double you would still solve the same number of blocks as you were before the doubling BUT instead of 6 blocks per hour, the network would be solving 12. This is why there is a difficulty retarget; in order to get the network solving blocks every 10 minutes again.
Imagine you have 30% of the hashrate today. So your getting 30% of the coins mined, on average. Then, someone comes along and puts his huge mining farm online, that's way bigger than what you had. Say the difficulty won't be adjusted for another week or so. Now you no longer have 30%, but 5%. Do you think you'll still be mining 30% of the coins on average, until the difficulty is adjusted? And that huge new mining farm is mining 0 coins until the difficulty increases? The blocks will be found faster, but your % of the blocks found will be smaller, no?
Its weekend.Same thing like last saturday.They will pay later today.
If i buy shares at hashie.co , will they be transfered to havelock platform?
If i buy shares at hashie.co , will they be transfered to havelock platform?
We'll do this in future, transfer AMHash sold by other platforms to HAVELOCK, so that customers can trade AMHash on HL.
so if i read last few post correct then, if btc is lets say at like $600 for example. Does this mean we would be getting dividend payouts of like .00001300 per GHS or am i assuming wrong. Once again i am makin up number not saying will be that on the dot lol so please dont cook me alive saying my math is of or blah blah blah haha
No. Bitcoin value on has an effect on the maintenance fee as that is converted from dollars to bitcoin and subtracted by the earnings. The earnings are calculated as follows:
The payout rate before fee subtraction is 25 / (difficulty * 4.295) BTC per unit per second. <--no dollars in calculaltion
P.S. I won't "cook you alive" about your math but your spell check is off too.
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