Pages:
Author

Topic: AMHash1: Cost-Effective Mining Contract - page 87. (Read 304259 times)

hero member
Activity: 672
Merit: 500
ADAMANT — the most secure and anonymous messenger
January 14, 2015, 04:44:28 PM
love the low power cost, if btc stays this low we can  out  last the competition,    amhash still has a little better power cost than s4   across the street, but its close.  i loaded up by the way. i dont no if were gonna be ok but were in better shape than the rest of the field.
  yeah i agree and the best part i see they predict that the difficulty will drop down between 9 - 12% here in next cycle as many people seem to be shutting down. Then like i said some people still running jalapenos cause he running all for free power where he has them set up in school housing
sr. member
Activity: 968
Merit: 250
January 14, 2015, 03:35:05 PM
love the low power cost, if btc stays this low we can  out  last the competition,    amhash still has a little better power cost than s4   across the street, but its close.  i loaded up by the way. i dont no if were gonna be ok but were in better shape than the rest of the field.
newbie
Activity: 5
Merit: 0
January 14, 2015, 03:20:58 PM
Mining at a loss does not imply selling at a loss.  Why is this such a prevolent idea?  Nobody can have a cash reserve to bet on the long term, mine now, sell later?
legendary
Activity: 1092
Merit: 1004
January 14, 2015, 03:14:29 PM
ASIC manufacturers (Cointerra) stops operations?

CEX.IO suspends mining?

Why is network hash still so high? Whose is mining to sell at a loss?

Network hash has dropped by 2.9%, so far.
legendary
Activity: 1036
Merit: 1000
Nighty Night Don't Let The Trolls Bite Nom Nom Nom
January 14, 2015, 02:10:32 PM
shills vs trolls..... story of life
full member
Activity: 238
Merit: 100
January 14, 2015, 02:08:35 PM
Yes, it´s always "trolls" if people dare to oppose these shills.

The bottom in BTC has been in constantly for a year now according to experts on these threads. How often have you seen people who have dared to doubt that denounced as trolls spreading fud?
legendary
Activity: 826
Merit: 1004
January 14, 2015, 02:07:38 PM
Don't feed the trolls. Use the ignore button  Smiley

Ignoring trolls when they're spreading FUD is a bad idea. New users won't necessarily know they're trolls so it's better to correct the FUD.
legendary
Activity: 896
Merit: 1001
January 14, 2015, 01:56:56 PM
Yes, they´ll probably stay open until the payout is at 0.00000001. Not.

Why wouldn't they?

If the calculated payout after fee substraction is less than or equal to zero, the contract will be suspended. If the number of subsequent days suspended reaches 10, the contract terminates.

0.00000001 > 0. (Because you're so bad at maths)

Don't feed the trolls. Use the ignore button  Smiley
full member
Activity: 238
Merit: 100
January 14, 2015, 01:49:36 PM
Perhaps Mabsark has sunk money into this mess after all. He seems a little tense.

legendary
Activity: 826
Merit: 1004
January 14, 2015, 01:21:23 PM
Yes, they´ll probably stay open until the payout is at 0.00000001. Not.

Why wouldn't they?

If the calculated payout after fee substraction is less than or equal to zero, the contract will be suspended. If the number of subsequent days suspended reaches 10, the contract terminates.

0.00000001 > 0. (Because you're so bad at maths)
full member
Activity: 238
Merit: 100
January 14, 2015, 01:19:10 PM
There is definitely no reason to panic. The $150 level is a full 25 dollars away.

$135 at current difficulty. Learn to read too.

Yes, they´ll probably stay open until the payout is at 0.00000001. Not.
legendary
Activity: 826
Merit: 1004
January 14, 2015, 01:15:19 PM
There is definitely no reason to panic. The $150 level is a full 25 dollars away.

$135 at current difficulty. Learn to read too.
full member
Activity: 238
Merit: 100
January 14, 2015, 01:01:50 PM
There is definitely no reason to panic. The $150 level is a full 25 dollars away.
hero member
Activity: 672
Merit: 500
ADAMANT — the most secure and anonymous messenger
January 14, 2015, 11:57:21 AM
sorry, who says amhash are stopping and doing a buy back?

Nobody - they're not. I think ajw7989 was just (a bit hopefully, perhaps) misinterpreting a buyback right stipulated in the AMHASH T&C.

Why exactly they would choose to execute it now I have no idea, the conditions are exactly the opposite of when they'd use it.

i think several people thought they might be doing a buyback like he mentioned under the ipo terms, i know i myself was maybe thinking they would offer buy back. I was not expecting no 120% hell not even 100% but i would have been happy with a buyback of even 85% at this point in time  as i am sure others will agree
legendary
Activity: 826
Merit: 1004
January 14, 2015, 11:54:43 AM
BTC spent most of 2013 at around the $150 level if I remember correctly. This was just before the big run up. It seems highly likely that this level will be retested. Whether this AMHASH corpse will be put formally six feet under before or after this retesting takes place I do not know.

As this $150 level was held for so long it is likely to become substantial support.

You should learn basic maths, then you'd be able to do the calculations and see that AMHash is still profitable at $150 with the current difficulty. The price at which fees become greater than income is around $135 at current difficulty.
full member
Activity: 238
Merit: 100
January 14, 2015, 11:40:37 AM
BTC spent most of 2013 at around the $150 level if I remember correctly. This was just before the big run up. It seems highly likely that this level will be retested. Whether this AMHASH corpse will be put formally six feet under before or after this retesting takes place I do not know.

As this $150 level was held for so long it is likely to become substantial support.

Edit: According to this Mabsark guy, see just below here, last rites for AMHASH at $150, expiration at $135. If I were a shareholder anymore I would be mightily relieved.
member
Activity: 70
Merit: 10
January 14, 2015, 11:28:55 AM
I see.Hopefully btc price will go up next weeks,no reason, but hope dies last Sad
legendary
Activity: 896
Merit: 1001
January 14, 2015, 11:13:11 AM
Why are divs so low today?The diff increase was only 8 percent...

Bitcoin price has fallen:  http://bitcoinity.org/markets

Since the maintenance fee is paid in USD, the falling price accounts for more satoshi toward the fee and less for dividends.
member
Activity: 70
Merit: 10
January 14, 2015, 11:10:03 AM
Why are divs so low today?The diff increase was only 8 percent...
legendary
Activity: 896
Merit: 1001
January 14, 2015, 11:00:53 AM
sorry but both cex and bitmain have announced suspension of mining contacts due to profitability and you come here to attack amhash, when in reality it is  still "profitable" for now - http://nextdifficulty.com/

Bit-x needs to be added to that. Does anyone know how to get in touch with the owner?

I am not attacking this company. However it has not escaped my attention that a certain group has been systematically attacking other cloud mining operations while actively promoting this one. The evidence is all here in these threads. Now; even legitimate companies can be driven out of business by a systematic campaign of slander and unfounded accusations thereby scaring away customers. This tactic is nothing new and existed long before Bitcoin. It would be good if the company took some responsibility for these shills while it is still around.

LOL, you mean legitimate companies that flat out refuse to provide any evidence of legitimacy like pbmining, ecrypto.co.in, hashie, cryptominer, terabox, cloudmining.website and the one you run - cloudminr?

4 of them have already proven to be ponzis and it's just a matter of time for the other 3, including yours.



+1
Pages:
Jump to: