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Topic: AMHash1: Cost-Effective Mining Contract - page 146. (Read 304259 times)

hero member
Activity: 672
Merit: 500
ADAMANT — the most secure and anonymous messenger
November 22, 2014, 11:30:43 PM
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  Grin
legendary
Activity: 3808
Merit: 7912
November 22, 2014, 09:29:39 PM
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.
hero member
Activity: 526
Merit: 500
November 22, 2014, 03:41:46 PM
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.
sr. member
Activity: 291
Merit: 250
November 22, 2014, 03:31:26 PM
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.
legendary
Activity: 826
Merit: 1004
November 22, 2014, 03:23:49 PM
For your 2FA problem, you may go to http://www.bluestacks.com/ for a temp solution. They have an Android emulation program that can be installed in PC.

You don't need to emulate an android, there are windows and linux apps available, for example WinAuth.
member
Activity: 70
Merit: 10
November 22, 2014, 03:02:03 PM
Its just on day, mayber unprofessional but they working on it.What i dont understand is,why they dont sell shares at havelock anymore.When they have free capacities the can anounce an amhash3, now i have to use another platform if i want buy shares at 0012 btc...I also dont understand why this thread is at securities and not on the regulate forums for cloud miners.If they had startet the thread in another forum they woulnd have to sell with hashie because there were enoug customers...
newbie
Activity: 3
Merit: 0
November 22, 2014, 02:38:38 PM
You receive dividends every single day,but they have obviously a problem to pay in time on saturdays,no problems on other days.
SO this is my 2nd Saturday with havelock investments on the amhash1 shares. I find it weird they have a problem on Saturdays and like you said no problems on other days. I wonder if mayber they just hung over from Friday night party life lol. In any case come on guys fix the weekend pay issues and also please ADD TEXT SMS 2FA for people like me who dont have windows phones pr androids or iphones to get apps would be good.

For your 2FA problem, you may go to http://www.bluestacks.com/ for a temp solution. They have an Android emulation program that can be installed in PC.
hero member
Activity: 672
Merit: 500
ADAMANT — the most secure and anonymous messenger
November 22, 2014, 02:25:48 PM
You receive dividends every single day,but they have obviously a problem to pay in time on saturdays,no problems on other days.
SO this is my 2nd Saturday with havelock investments on the amhash1 shares. I find it weird they have a problem on Saturdays and like you said no problems on other days. I wonder if mayber they just hung over from Friday night party life lol. In any case come on guys fix the weekend pay issues and also please ADD TEXT SMS 2FA for people like me who dont have windows phones pr androids or iphones to get apps would be good.
member
Activity: 70
Merit: 10
November 22, 2014, 02:19:27 PM
You receive dividends every single day,but they have obviously a problem to pay in time on saturdays,no problems on other days.
full member
Activity: 186
Merit: 106
November 22, 2014, 02:18:54 PM
The delay in dividends on Saturday Nov 15th was a one time issue that was resolved a few hours later.

We do apologize for the delay and we will work harder to make sure the delay will not happen again.

Thank you,

Havelock Investments

From the above post I think that we will receive amhash dividend every single day Huh ?

Yeah. They are late again today. No dividend payout yet!
newbie
Activity: 3
Merit: 0
November 22, 2014, 02:15:39 PM
The delay in dividends on Saturday Nov 15th was a one time issue that was resolved a few hours later.

We do apologize for the delay and we will work harder to make sure the delay will not happen again.

Thank you,

Havelock Investments

From the above post I think that we will receive amhash dividend every single day Huh ?
member
Activity: 70
Merit: 10
November 22, 2014, 02:08:15 PM
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?
newbie
Activity: 3
Merit: 0
November 22, 2014, 01:51:03 PM
Havelock have not announced Amhash dividend today (Nov 22)?
legendary
Activity: 980
Merit: 1040
November 22, 2014, 12:50:22 PM
Im taking bets difficulty wont go down even once this year.

That also means that the exchange rate will not go below $250 which is nice.

No it doesnt. Not if the large mines pay ~$0.06/KwH and especially not if bitfury manages to roll out its 28nm this year.
legendary
Activity: 1904
Merit: 1007
November 22, 2014, 10:37:03 AM
Im taking bets difficulty wont go down even once this year.

That also means that the exchange rate will not go below $250 which is nice.
hero member
Activity: 644
Merit: 500
Inspired
November 22, 2014, 10:12:29 AM
How about a gentleman's bet for a relatively small amount? Say 0.5 BTC or something?

I use to work in a Gentleman's club and there was nothing gentlemanly about it, I do not trust Gentlemen or their word. Pirates life for me   Wink

I'm not a gambling man anyway  Roll Eyes

I once bet a guy $100 on a football game.  I lost.
The next day, a monday, I paid him his $110.

I've since wondered, if I had won, would he have paid me $100?
I'll never know.
But, it pisses me off that I might have bet a dishonest man.
member
Activity: 70
Merit: 10
November 22, 2014, 10:07:59 AM
Of Course i would sell my shares for mor than they worth...i own some shares too but tought marketprices would fall everyday because of  less dividens...but good for me so i can sell my shares at anytime for a good price and get dividens profit...
sr. member
Activity: 378
Merit: 250
FURring bitcoin up since 1762
November 22, 2014, 09:53:12 AM
Why are the marketprices at havleock are so high ? Most asks start at 0.00121499 but the shares are worth less than 0012 because dividend is less every day ?!

Well, the people who put up those asks want more money for their shares, than they are worth. Wouldn't you want people to buy shares from you for more than they are actually worth on the market? Some asks are also already a few days old, so they used to be worth more.
Interestingly, they could get worth more, if the BTC price goes up further and the difficulty in fact goes down at the next adjustment!
member
Activity: 70
Merit: 10
November 22, 2014, 09:47:30 AM
Why are the marketprices at havleock are so high ? Most asks start at 0.00121499 but the shares are worth less than 0012 because dividend is less every day ?!
legendary
Activity: 1904
Merit: 1007
November 22, 2014, 09:44:36 AM
Hashie - I got an email from your group that indicated AMHash was using immersion cooled units which is why the maintenance fee was so low.  Do you have any proof of this?

http://instagram.com/p/uzxj9rBDaS/

http://instagram.com/p/uzxrFuBDaY/

http://instagram.com/p/uzxprtBDaW/

Smiley  - AFAIK a number (but not all) of their farms utilize immersion cooling.

-Sahra

Those are first gen chips, stop spreading inaccurate info to deceive the shareholders.
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