AMHash1: Cost-Effective Mining Contract - page 166.

xhomerx10

legendary

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Quote from: jdany on October 25, 2014, 10:20:04 AM

They probably could, but it would take a little while to see the BTC from hashing.
I imagine they're giving up some of that return to have the BTC now.

5PH mining = 70 coins per day.
5000000 shares at 0.00125 = 6250 coins
or 90 days

No. They are simply trying to unload the chips while they still have value.

jdany

hero member

Activity: 644

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Inspired

They probably could, but it would take a little while to see the BTC from hashing.
I imagine they're giving up some of that return to have the BTC now.

5PH mining = 70 coins per day.
5000000 shares at 0.00125 = 6250 coins
or 90 days

xhomerx10

legendary

Activity: 3808

Merit: 7912

Quote from: server on October 25, 2014, 09:59:44 AM

AM isn't able to mine with profit and pay div, why can AMHash1 ?

AM publicly changed their business model a few months ago. They were to concentrate on chip sales only. Due to some disappointing chip results and unforeseen delays, this model did not work out. AM has adapted its plan (more than once) since that time. Apparently they are not willing to commit the considerable time, effort and expense required in order to self-mine hence they now have partners.

IPO Magic

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Activity: 138

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Quote from: Chris_Sabian on October 25, 2014, 10:12:57 AM

Quote from: server on October 25, 2014, 09:59:44 AM

AM isn't able to mine with profit and pay div, why can AMHash1 ?

As Rockie said, it is easier to ~~sell the hashing power~~ IPO now instead of shipping miner to customers.

FTFY

Chris_Sabian

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Activity: 896

Merit: 1001

Quote from: server on October 25, 2014, 09:59:44 AM

AM isn't able to mine with profit and pay div, why can AMHash1 ?

As Rockie said, it is easier to sell the hashing power now instead of shipping miner to customers. That was the unused BE200 chips are beings used today.

server

legendary

Activity: 892

Merit: 1002

1 BTC =1 BTC

AM isn't able to mine with profit and pay div, why can AMHash1 ?

Blazed

legendary

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Quote from: NotLambchop on October 25, 2014, 08:10:33 AM

This is 100% guaranteed to be the first ever profitable offering on Havelock.
Trust me.

~Happy Investing!

trek27

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Activity: 172

Merit: 100

Quote from: rockxie on October 25, 2014, 05:31:18 AM

AMhash is absolutely right move and your comparison with buying Prismas very pertinent. Now, think long term and build confidence. Look at cex.io, they are able to sell new hashrate at about twice the price while charging higher maintenance fee. Trust and confidence.

NotLambchop

sr. member

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This is 100% guaranteed to be the first ever profitable offering on Havelock.
Trust me.

~Happy Investing!

rockxie

sr. member

Activity: 284

Merit: 254

The reason why we started AMHhash project is based on factors below:

For Investors:

1 Most of customers's electricity is not cheap enough for mining right now and AM find the right place to deploy.

2 Shipping to oversea from China cost too much(almost 1/4~1/3 in total).

3 Most of customers don't have enough time and technical skill to deploy large quantities miners in short time.

So buying AMHash is better than buying mining devices if you want to invest bitcoin mining industry.

For AM shareholders:

1 AM has lots of BE200s in stock,if we can't convert them to devices asap in their life time,these chips will be nothing,then it will be a big loss.Obviously,In the present case AMHash is the best choice for AM to sell large quantities chips and devices.

2 Cloud Mining is trend for bitcoin mining in future. If AMHash1 is successful, BE300 also can be benefit from this project.

3 Only if AM make profits,dividends is possible.

amhash

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Activity: 129

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Quote from: blo8i on October 25, 2014, 02:24:18 AM

i just hope we start to see some Dividends from the AM shares SOON. i can´t see hwo we will see Dividends form this farm? only form the first "5000000" sales. but after that? what then?

Selling hashrate is another way to sell devices and chips , so shareholders can get profit from this farm absolutely.

drasted

sr. member

Activity: 240

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Quote from: amhash on October 25, 2014, 02:59:36 AM

Havelock is reliable platform, just like there was Mt.Gox, but we need to trust Bitstamp or bitfinex though we are not sure.
We have continuity plan, but we need people trust our hashrate firstly.

Havelock is reliable platform, just like there was Mt.Gox?

Are you saying havelock is as reliable as Mt Gox? Not really sure what's trying to be said here. Havelock might be trustworthy, but it's far from reliable. It's down almost as often as the wind changes.

amhash

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Activity: 129

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Quote from: hashie on October 24, 2014, 11:39:03 PM

Quote from: xhomerx10 on October 24, 2014, 10:33:21 PM

Quote from: hashie on October 24, 2014, 05:44:13 PM

Quote from: friedcat on October 24, 2014, 11:20:32 AM

The fee is 1.89*10^(-8) USD per unit per second. It will be substracted from the pre-fee payout rate. The exchange rate is based on bitstamp 24h average.

In other words, $0.00163 per GH per day.

-Sahra

Technically, some of those "other words" you speak of are numbers, some are symbols and others are abbreviations but thanks for doing the math for us. Some of us really suck at comprehension, especially after night shifts Wink

Now is that per earth day? Awww never miner; I already bought my shares Cool

Lol!

Anyway, great offering, however disappointed to see it on Havelock. Havelock feels as reliable as GLBSE.

Does AMHash have a continuity plan?

-Sahra

Havelock is reliable platform, just like there was Mt.Gox, but we need to trust Bitstamp or bitfinex though we are not sure.
We have continuity plan, but we need people trust our hashrate firstly.

blo8i

hero member

Activity: 960

Merit: 502

i just hope we start to see some Dividends from the AM shares SOON. i can´t see hwo we will see Dividends form this farm? only form the first "5000000" sales. but after that? what then?

hashie

full member

Activity: 322

Merit: 100

DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO

Quote from: xhomerx10 on October 24, 2014, 10:33:21 PM

Quote from: hashie on October 24, 2014, 05:44:13 PM

Quote from: friedcat on October 24, 2014, 11:20:32 AM

The fee is 1.89*10^(-8) USD per unit per second. It will be substracted from the pre-fee payout rate. The exchange rate is based on bitstamp 24h average.

In other words, $0.00163 per GH per day.

-Sahra

Technically, some of those "other words" you speak of are numbers, some are symbols and others are abbreviations but thanks for doing the math for us. Some of us really suck at comprehension, especially after night shifts Wink

Now is that per earth day? Awww never miner; I already bought my shares Cool

Lol!

Anyway, great offering, however disappointed to see it on Havelock. Havelock feels as reliable as GLBSE.

Does AMHash have a continuity plan?

-Sahra

amhash

full member

Activity: 129

Merit: 100

Quote from: xhomerx10 on October 24, 2014, 10:33:21 PM

Quote from: hashie on October 24, 2014, 05:44:13 PM

Quote from: friedcat on October 24, 2014, 11:20:32 AM

The fee is 1.89*10^(-8) USD per unit per second. It will be substracted from the pre-fee payout rate. The exchange rate is based on bitstamp 24h average.

In other words, $0.00163 per GH per day.

-Sahra

Technically, some of those "other words" you speak of are numbers, some are symbols and others are abbreviations but thanks for doing the math for us. Some of us really suck at comprehension, especially after night shifts Wink

Now is that per earth day? Awww never miner; I already bought my shares Cool

let's say $0.00163 per GH per 24 hrs

xhomerx10

legendary

Activity: 3808

Merit: 7912

Quote from: hashie on October 24, 2014, 05:44:13 PM

Quote from: friedcat on October 24, 2014, 11:20:32 AM

The fee is 1.89*10^(-8) USD per unit per second. It will be substracted from the pre-fee payout rate. The exchange rate is based on bitstamp 24h average.

In other words, $0.00163 per GH per day.

-Sahra

Technically, some of those "other words" you speak of are numbers, some are symbols and others are abbreviations but thanks for doing the math for us. Some of us really suck at comprehension, especially after night shifts Wink

Now is that per earth day? Awww never miner; I already bought my shares Cool

xhomerx10

legendary

Activity: 3808

Merit: 7912

Quote from: teek on October 24, 2014, 06:13:54 PM

Quote from: friedcat on October 24, 2014, 11:20:32 AM

3. Guaranteed profit; Compared to others, AMHash1 Fund will pay you dividends based on hashrate equivalent calculation protecting your earnings and shielding you from hardware maintenance cost and risk.

Wondering this too.. what is "hashrate equivalent calculation" ??

The "hashrate equivalent calculation" is

25 / (difficulty * 4.295) BTC per unit per second

Rather than paying you a percentage of the farm's take based on the number of shares you own.

amhash

full member

Activity: 129

Merit: 100

Quote from: Korbman on October 24, 2014, 06:03:46 PM

Quote from: mc_lovin on October 24, 2014, 04:30:04 PM

Can I ask why ASICMINER doesn't just point all of the power at existing shareholders? Why launch ANOTHER company? What benefit does this have to actual ASICMINER shareholders?

I had a similar thought earlier as I reminisced of the early ASICMINER days. As a long timer holder of AM1 and AM100 on Havelock, what benefit, specifically, would this new asset bring to us? Especially since we're talking large quantities of ASICMINER-provided mining gear...

Quote from: friedcat on October 24, 2014, 11:20:32 AM

3. Guaranteed profit; Compared to others, AMHash1 Fund will pay you dividends based on hashrate equivalent calculation protecting your earnings and shielding you from hardware maintenance cost and risk.

The only way to guarantee profit is to continually cycle out hardware to keep up with energy efficiency and the network difficulty. Are you proposing that this will be done A) free of charge and B) indefinitely?

1. ASICMINER didn't launch another company, AMHash is just a cooperation project with other company.ASICMINER need to do so many things, chips design, miners production and selling... can't spend more energy in marketing and managing AMHash. Cooperation produce more profit that shareholders can get divs asap.

2.Nothing is free, zero price and 100% profit is just scam to investors or irresponsible for shareholders. AMHash just wanna produce products to protect both of investors' and company's profit by saving cost.

amhash

full member

Activity: 129

Merit: 100

Quote from: teek on October 24, 2014, 06:13:54 PM

Quote from: friedcat on October 24, 2014, 11:20:32 AM

3. Guaranteed profit; Compared to others, AMHash1 Fund will pay you dividends based on hashrate equivalent calculation protecting your earnings and shielding you from hardware maintenance cost and risk.

Wondering this too.. what is "hashrate equivalent calculation" ??

If you compare ordering 1TH/S AMHash with 1TH/S miner(s), some difference will be found:
1. ordering 1TH/S AMHash, you only need to pay 1.25BTC firstly and another $1.63/D from profit,
2.ordering 1TH/S hardware you need to prepare PSU and other hardware to deploy miner(s), ,you need to wait days for shipping, all of those are costs.
BTW, the risk can be unstable of electricity,price may be much higher than what we can supply,technique problems, payment delay and unstable hashing in pool,etc.

Topic: AMHash1: Cost-Effective Mining Contract - page 166. (Read 304327 times)