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Topic: AMHash1: Cost-Effective Mining Contract - page 55. (Read 304327 times)

sr. member
Activity: 424
Merit: 250
Well... lets wait 48hrs and see. At some point both companies should address the problem.

after 48 h:

- what you see?
- nothing
-you see, I told you

hero member
Activity: 859
Merit: 1000
Well... lets wait 48hrs and see. At some point both companies should address the problem.
legendary
Activity: 980
Merit: 1040
.... unless they handle it in proper manner. AM is their company and I still believe they will do so.

They have already failed at handling this properly by not disclosing this asap.
hero member
Activity: 859
Merit: 1000
.... unless they handle it in proper manner. AM is their company and I still believe they will do so.

Quote
ASICMiner and RockMiner Releasd the Most Affordable Cloud Mining——AMHash

    Author:Alex
    Date:October 24, 2014
    Category:Updates
    73 comments

ASICMiner and RockMiner have reached in-depth cooperation agreement to launch cloud hashing contract project AMHash jointly. Dozens of Petahash hashing power sales will be launched within this year. In order to profit our customers the most, AMHash will offer the best price based on low cost advantage resulted from scale and professional mining.

AMHash1, the first product of AMHash project, is about to be released on HAVELOCK platform. This contract includes 5PH/S cloud hashing power which is going to be sold by 5 blocks (1PH/S per block). Once the former batch has been sold out, the latter batch sales will be initiated automatically. Meanwhile, dividends of the finished block will be released.

Pricing of AMHash1 is so far the lowest in market. The maintenance fee is only USD0.00163/GH/day, namely, maintenance fee for 1000GH is just USD1.63 (10 Yuan) which is way lower than any peers. Average price of AMHash1 hashrate is only USD0.5/GH.

Besides price, other features of AMHash1 such as daily dividends, close interaction with customers, flexible trading are attractive as well.

Basic operation mode for AMHash1 is that ASICMiner is in charge of providing hashing power and mining farm maintenance while RockMiner is in charge of marketing and operation.

More information about AMHash1 and updates, please stay tuned on our official website news:

AMHash web:http://amhash.com/

AMHash purchasing platform:https://www.havelockinvestments.com/fund.php?symbol=AMHash1

RockMiner official blog:http://blog.rockminer.com/
legendary
Activity: 826
Merit: 1004
How about you provide some references for your facts, shill?  How is it you come up with numbers without access to corporate financials?
What is it that makes you think FC put the coin aside for a rainy day?  What makes you think he didn't have any outstanding debt to cover with the proceeds of this ...whatever this was?

I never claimed to be stating any facts , I'm simply pointing out that what RoadStress is claiming is just blatantly obvious bullshit which contradicts the evidence. It is a fact that AMHASh claimed to have sold around 3.5 Ph/s of AMHash. It is also a fact that AMHash1 sold for 1.25 mBTC and AMHash2 and AMHash3 sold for 1.2 mBTC.

I also said ASICMiner, AMHash, Rockxie and Friedcat should all be punished and that I'd be leaving feedback against them. Then I left feedback against them. Clearly the actions of a shill!

Sales? What sales? Selling hashrate on-line is the only option to sell it effectively not sending the hardware overseas due to high taxes and costs. Who would trust now AMhash, Rockminer or asicminer if they cannot control their miners??

I wouldn't trust them and I wouldn't expect anyone else to trust them either. I'd say the only avenue left open for them now is self-mining.
hero member
Activity: 859
Merit: 1000
Sales? What sales? Selling hashrate on-line is the only option to sell it effectively not sending the hardware overseas due to high taxes and costs. Who would trust now AMhash, Rockminer or asicminer if they cannot control their miners??
legendary
Activity: 980
Merit: 1040
How about you provide some references to your facts, shill?  How is it you come up with numbers without access to corporate financials?
What is it that makes you think FC put the coin aside for a rainy day?  What makes you think he didn't have any outstanding debt to cover with the proceeds of this ...whatever this was?

You can see it all in AMs 15Q1 financial report.
Oh wait..
14Q4 maybe ?
oh well, Im sure they released one some time Wink.

Trolling aside, AMhash revenue is just that, revenue, it was not profit. Along with the revenue came a liability to pay out mining dividends. Profit margins couldnt have been very high, especially not on the hardware.  AMhash also only sold what, 1/3 of the 5PH ?If all the 5PH was stolen, its a given the AM1 IPO's can not possibly cover such a loss, or even come close. The money will have to come from somewhere else, either AM reserves that no one knows exist or from future profits from 28nm chip sales.
member
Activity: 112
Merit: 10
...
To claim that AM has no money is simply ignoring the facts. You claim AM have no money. That is not a fact, nor is it even logical considering I've just shown you that the income from AMHash sales alone was around 1 million USD.

Also, please provide a reference for your "facts".

How about you provide some references for your facts, shill?  How is it you come up with numbers without access to corporate financials?
What is it that makes you think FC put the coin aside for a rainy day?  What makes you think he didn't have any outstanding debt to cover with the proceeds of this ...whatever this was?
legendary
Activity: 826
Merit: 1004
So all the money from AMHash went to AM only? Didn't know that.

The $1M which you like to throw around to blind the fools isn't the actual profit. Since you don't know their profit margin the $1M is irrelevant. Please back up your statement that AM has money to deploy 5PH of miners. My estimate is that their profit margin is really low which will leave the actual profit to less than 400k$ which is clearly not enough to deploy 5PH/s. But yes, I like to spread bullshit that I can back up at least with logic, if not with solid proof. What are you doing? Just defending a defunct company with no logic and while all evidences are against you.

I am pointing out the FACTS, not spreading bullshit. What's AM solo hashrate? Where are all those 60Ph/s worth of chips? They are clearly not mining in AM solo mining operation and they are clearly not sold because otherwise AM would bathe in money which clearly isn't happening.

Out of that 4,255.2 BTC, Rockminer would have took a cut as their commission, the rest would have went to AM. Given that the contract holders pay for the actual maintenance of the farm, it's simply logical to claim that AM have money, because they clearly do. To claim that AM has no money is simply ignoring the facts. You claim AM have no money. That is not a fact, nor is it even logical considering I've just shown you that the income from AMHash sales alone was around 1 million USD.

Also, please provide a reference for your "facts".

sr. member
Activity: 518
Merit: 250
 Wink ok, so, if this turns out to be a scam, will i be able to transfer my ghs to another scam - like i transfered from hashie.co to this one ?
 Grin since its obvious now that they sold someone elses ghs!  Grin if not it is really disappointing.. Angry Wink
member
Activity: 112
Merit: 10
...
According to their website AMHash worked with internet data center companies for deployment, so they wouldn't actually control the buildings where the hardware is located. A police report would be fun to see though.

From https://www.amhash.com/photos.htm



They do data centers different in Chian.
legendary
Activity: 1904
Merit: 1007
Producing chips isn't equal to producing miners. Miners cost money to produce. Money which AM doesn't have. In order to replace the 5PH AM needs to spend money on all the other components that are required for miners. Besides miners a building with the required power cabling is required. That also costs money...

AM have money. 3.546 PH @ 0.0012 BTC/Gh (AMHash1 sold for 0.00125 BTC, but I'll just ignore that) = 4,255.2 BTC = ~1 million USD. What makes you think AM has no money? Do you have a source to back that up or are you just trying to spread bullshit as usual?

So all the money from AMHash went to AM only? Didn't know that.

The $1M which you like to throw around to blind the fools isn't the actual profit. Since you don't know their profit margin the $1M is irrelevant. Please back up your statement that AM has money to deploy 5PH of miners. My estimate is that their profit margin is really low which will leave the actual profit to less than 400k$ which is clearly not enough to deploy 5PH/s. But yes, I like to spread bullshit that I can back up at least with logic, if not with solid proof. What are you doing? Just defending a defunct company with no logic and while all evidences are against you.

I am pointing out the FACTS, not spreading bullshit. What's AM solo hashrate? Where are all those 60Ph/s worth of chips? They are clearly not mining in AM solo mining operation and they are clearly not sold because otherwise AM would bathe in money which clearly isn't happening.
hero member
Activity: 784
Merit: 501
Can someone confirm if the guy in the middle is FriedCat ?




there are two guys in the middle.....

the one on the middle left is Rock Xie


FC's picture is out else where, so old news

So, as per current allegation by AM hash, this Rock Xie has robbed the mining equipment from their firm ?

Where is FC's picture ? Can u please point out the link ?
member
Activity: 73
Merit: 10
Can someone confirm if the guy in the middle is FriedCat ?


No! The short guy is rockxie, the tall one is the founder of btc123.com.
full member
Activity: 155
Merit: 100
Jeez not another cloud mining scam
legendary
Activity: 1036
Merit: 1000
Nighty Night Don't Let The Trolls Bite Nom Nom Nom
Can someone confirm if the guy in the middle is FriedCat ?




there are two guys in the middle.....

the one on the middle left is Rock Xie


FC's picture is out else where, so old news
hero member
Activity: 784
Merit: 501
Can someone confirm if the guy in the middle is FriedCat ?

legendary
Activity: 1036
Merit: 1000
Nighty Night Don't Let The Trolls Bite Nom Nom Nom
Producing chips isn't equal to producing miners. Miners cost money to produce. Money which AM doesn't have. In order to replace the 5PH AM needs to spend money on all the other components that are required for miners. Besides miners a building with the required power cabling is required. That also costs money...

AM have money. 3.546 PH @ 0.0012 BTC/Gh (AMHash1 sold for 0.00125 BTC, but I'll just ignore that) = 4,255.2 BTC = ~1 million USD. What makes you think AM has no money? Do you have a source to back that up or are you just trying to spread bullshit as usual?






minus dividends paid to date, last share price was about 0.8btc per TH, i'm going to call it closer to 3000BTC or just under
hero member
Activity: 859
Merit: 1000
I think that asicminer and rockminer will handle this. This is just common sense.
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