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Topic: AMHash1: Cost-Effective Mining Contract - page 161. (Read 304327 times)

legendary
Activity: 2128
Merit: 1005
ASIC Wannabe
November 01, 2014, 01:37:35 PM
I am a noob but compared to the price i think its not that bad, other cloud mining providers do have much higher rates and never roi under 100 days, so 135 doesnt sounds bad for me

f.e.: http://www.cryptocurrencyminingreport.com/pb-mining-roi-oct-26th-weekly-payout-1-99-total-roi-92-61-23-weeks%EF%BC%81/

PB mining has roi after 31 weeks / 217 days and price is 0.0021 btc/gh

PBmining is the best priced offering by far but it's also a ponzi scheme.

Before they implemented a coinmixer it was easy to see the coins go directly from new customer payments to the "mining earnings" wallet.

 There is no way that they can give you a 5 year contract on any hashing power right now with no maintenance fees.  The power bill alone would sink them several times over.  I believe "Ponzi scheme" is putting it mildly.  Also, it is located in Canada but will not sell to Canadians.  Go figure.

^is it really? I saw that disclaimer on the site but never considered it was actually a canadian company.

That just ranks of the mentality that someone scammed outside of canada will have little chance of retirbution, whereas if a canadian is wronged could easily take them to court
sr. member
Activity: 420
Merit: 250
October 31, 2014, 11:37:01 PM
I'd buy this around 8 mBTC. We'll see where the market prices it after the IPO ends. It seems obvious that they are not going to sell their 5 million shares at the current price of 12.5 mBTC, however. Perhaps there will be subsequent offerings at a lower price.
legendary
Activity: 3808
Merit: 7912
October 31, 2014, 07:22:03 PM
when is trading set to begin, no way am i buying the ipo but will consider trading .

 The IPO closes Nov 4th.  After that we can trade. 
sr. member
Activity: 968
Merit: 250
October 31, 2014, 05:54:57 PM
when is trading set to begin, no way am i buying the ipo but will consider trading .
hero member
Activity: 968
Merit: 515
October 31, 2014, 04:48:42 PM
I wish AMHash1 would mine completely at BTCGuild or Eligius.
legendary
Activity: 3808
Merit: 7912
October 31, 2014, 04:00:42 PM
I am a noob but compared to the price i think its not that bad, other cloud mining providers do have much higher rates and never roi under 100 days, so 135 doesnt sounds bad for me

f.e.: http://www.cryptocurrencyminingreport.com/pb-mining-roi-oct-26th-weekly-payout-1-99-total-roi-92-61-23-weeks%EF%BC%81/

PB mining has roi after 31 weeks / 217 days and price is 0.0021 btc/gh

PBmining is the best priced offering by far but it's also a ponzi scheme.

Before they implemented a coinmixer it was easy to see the coins go directly from new customer payments to the "mining earnings" wallet.

 There is no way that they can give you a 5 year contract on any hashing power right now with no maintenance fees.  The power bill alone would sink them several times over.  I believe "Ponzi scheme" is putting it mildly.  Also, it is located in Canada but will not sell to Canadians.  Go figure.
newbie
Activity: 13
Merit: 0
October 31, 2014, 03:17:57 PM
[...]
4.Our hashing in Btcguild will be updated very soon.
[...]

BTCGuild will close by 30.Nov., unless somebody buys it: https://bitcointalksearch.org/topic/m.9395478

hmm.. perhaps ASICMiner/Rockminer is buying it? E. mentioned "at least two of which appear to be seriously interested, in purchasing BTC Guild".
legendary
Activity: 1358
Merit: 1001
https://gliph.me/hUF
October 31, 2014, 02:57:37 PM
[...]
4.Our hashing in Btcguild will be updated very soon.
[...]

BTCGuild will close by 30.Nov., unless somebody buys it: https://bitcointalksearch.org/topic/m.9395478
hero member
Activity: 770
Merit: 509
October 31, 2014, 02:34:00 PM
I am a noob but compared to the price i think its not that bad, other cloud mining providers do have much higher rates and never roi under 100 days, so 135 doesnt sounds bad for me

f.e.: http://www.cryptocurrencyminingreport.com/pb-mining-roi-oct-26th-weekly-payout-1-99-total-roi-92-61-23-weeks%EF%BC%81/

PB mining has roi after 31 weeks / 217 days and price is 0.0021 btc/gh

PBmining is the best priced offering by far but it's also a ponzi scheme.

Before they implemented a coinmixer it was easy to see the coins go directly from new customer payments to the "mining earnings" wallet.
hero member
Activity: 770
Merit: 509
October 31, 2014, 02:28:57 PM
Divs showed up on Havelock...

"0.00000927" damn...
... per share (GH).

If BTC price/diff ratio will stay in similiar levels as now then ROI in ~135 days...

Ouch, that is a low as hell div. Yeah...this is never going to ROI. What a bummer, good thing I didn't invest.

The daily div shouldn't be a surprise because it can be calculated at any time.
member
Activity: 70
Merit: 10
October 31, 2014, 01:04:29 PM
it was just comparison i know difficulty wouldnt stay same,but roi should be possible...we will see i dont have invested that much that i coulndt live whitout roi...
newbie
Activity: 15
Merit: 0
October 31, 2014, 12:56:16 PM
I am a noob but compared to the price i think its not that bad, other cloud mining providers do have much higher rates and never roi under 100 days, so 135 doesnt sounds bad for me

f.e.: http://www.cryptocurrencyminingreport.com/pb-mining-roi-oct-26th-weekly-payout-1-99-total-roi-92-61-23-weeks%EF%BC%81/

PB mining has roi after 31 weeks / 217 days and price is 0.0021 btc/gh

Only if Difficulty stays stagnant. Which it wont.
https://bitcoinwisdom.com/bitcoin/difficulty
member
Activity: 70
Merit: 10
October 31, 2014, 12:44:52 PM
I am a noob but compared to the price i think its not that bad, other cloud mining providers do have much higher rates and never roi under 100 days, so 135 doesnt sounds bad for me

f.e.: http://www.cryptocurrencyminingreport.com/pb-mining-roi-oct-26th-weekly-payout-1-99-total-roi-92-61-23-weeks%EF%BC%81/

PB mining has roi after 31 weeks / 217 days and price is 0.0021 btc/gh
newbie
Activity: 15
Merit: 0
October 31, 2014, 11:48:50 AM
Divs showed up on Havelock...

"0.00000927" damn...
... per share (GH).

If BTC price/diff ratio will stay in similiar levels as now then ROI in ~135 days...

Ouch, that is a low as hell div. Yeah...this is never going to ROI. What a bummer, good thing I didn't invest.
legendary
Activity: 892
Merit: 1002
1 BTC =1 BTC
October 31, 2014, 11:45:38 AM
Divs showed up on Havelock...

"0.00000927" damn...
... per share (GH).

If BTC price/diff ratio will stay in similiar levels as now then ROI in ~135 days...

When did this ever happen ? Diff will rise until BTC drops below $100
legendary
Activity: 1029
Merit: 1000
October 31, 2014, 11:28:24 AM
Divs showed up on Havelock...

"0.00000927" damn...
... per share (GH).

If BTC price/diff ratio will stay in similiar levels as now then ROI in ~135 days...
legendary
Activity: 892
Merit: 1002
1 BTC =1 BTC
October 31, 2014, 11:20:31 AM
Divs showed up on Havelock...

"0.00000927" damn...
legendary
Activity: 1029
Merit: 1000
October 31, 2014, 11:09:25 AM
Divs showed up on Havelock...
newbie
Activity: 13
Merit: 0
October 31, 2014, 10:12:00 AM
if dividend is before fees, then net is awfully low compare to competitors.

I think you are confusing two kinds of fees here.
The dividend should be after the AM1Hash maintenance fees are paid. So you won't pay these fees directly, they're calculated before the dividend is payed out.
Withdrawing you dividends from Havelock incurs a fee (to pay for transaction fees), too, but this should be obvious.

yes, that's what i meant. sorry being vague.
i guess i shouldn't have said "fees"  Tongue
full member
Activity: 141
Merit: 100
October 31, 2014, 09:03:18 AM
if dividend is before fees, then net is awfully low compare to competitors.

I think you are confusing two kinds of fees here.
The dividend should be after the AM1Hash maintenance fees are paid. So you won't pay these fees directly, they're calculated before the dividend is payed out.
Withdrawing you dividends from Havelock incurs a fee (to pay for transaction fees), too, but this should be obvious.
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