AMHash1: Cost-Effective Mining Contract - page 91.

galdur

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Quote from: xhomerx10 on January 12, 2015, 10:29:40 PM

Quote from: galdur on January 12, 2015, 07:44:43 PM

Quote from: elasticband on January 12, 2015, 07:39:22 PM

Quote from: xhomerx10 on January 12, 2015, 07:27:50 PM

Quote from: galdur on January 12, 2015, 06:29:19 PM

What the hell´s up with Havelock ? I tried to withdraw a lousy .05 BTC but that failed and I was informed that funds would be transferred from their cold storage to the hot one and I could try again in one business day, Really? How bloody annoying. And now I can´t even log in.

See, again this sort of post is tangential to the AMHash thread. It is "off topic" and therefore generally unwelcome.

that post has everything to do with amhash, are you blind Huh

I´m too rude to apologize for mentioning the platform on which the AmHash shares trade so thanks.

You're not rude; you're merely ignorant of board etiquette and topicality.

Since this thread is about a co. that mines bitcoin how on earth can mining bitcoin be off topic ??

xhomerx10

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Quote from: galdur on January 12, 2015, 07:44:43 PM

Quote from: elasticband on January 12, 2015, 07:39:22 PM

Quote from: xhomerx10 on January 12, 2015, 07:27:50 PM

Quote from: galdur on January 12, 2015, 06:29:19 PM

What the hell´s up with Havelock ? I tried to withdraw a lousy .05 BTC but that failed and I was informed that funds would be transferred from their cold storage to the hot one and I could try again in one business day, Really? How bloody annoying. And now I can´t even log in.

See, again this sort of post is tangential to the AMHash thread. It is "off topic" and therefore generally unwelcome.

that post has everything to do with amhash, are you blind Huh

I´m too rude to apologize for mentioning the platform on which the AmHash shares trade so thanks.

You're not rude; you're merely ignorant of board etiquette and topicality.

galdur

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Mining experts seem to be of somewhat differing minds about the next diff. increase

bitcoinwisdom.com 45467890567 3.4%
bitcoincharts.com 43502918462 -1.1%
cryptanalys.is 206666812 -99.5%
mining-profit.com 36496479506 -17%

galdur

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Gonna be a meager dividend day tomorrow it seems. BTC at $253.

galdur

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Quote from: elasticband on January 12, 2015, 07:39:22 PM

Quote from: xhomerx10 on January 12, 2015, 07:27:50 PM

Quote from: galdur on January 12, 2015, 06:29:19 PM

What the hell´s up with Havelock ? I tried to withdraw a lousy .05 BTC but that failed and I was informed that funds would be transferred from their cold storage to the hot one and I could try again in one business day, Really? How bloody annoying. And now I can´t even log in.

See, again this sort of post is tangential to the AMHash thread. It is "off topic" and therefore generally unwelcome.

that post has everything to do with amhash, are you blind Huh

I´m too rude to apologize for mentioning the platform on which the AmHash shares trade so thanks.

galdur

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It isn´t like I was interrupting anything important. At the most it was nothing at all. And Havelock has posted here, so they probably follow this more than some dead thread around here.

Anyway, discussing the discussing itself is terrible form so let´s not take this further.

elasticband

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Nighty Night Don't Let The Trolls Bite Nom Nom Nom

Quote from: xhomerx10 on January 12, 2015, 07:27:50 PM

Quote from: galdur on January 12, 2015, 06:29:19 PM

What the hell´s up with Havelock ? I tried to withdraw a lousy .05 BTC but that failed and I was informed that funds would be transferred from their cold storage to the hot one and I could try again in one business day, Really? How bloody annoying. And now I can´t even log in.

See, again this sort of post is tangential to the AMHash thread. It is "off topic" and therefore generally unwelcome.

that post has everything to do with amhash, are you blind Huh

xhomerx10

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Quote from: galdur on January 12, 2015, 06:29:19 PM

What the hell´s up with Havelock ? I tried to withdraw a lousy .05 BTC but that failed and I was informed that funds would be transferred from their cold storage to the hot one and I could try again in one business day, Really? How bloody annoying. And now I can´t even log in. But, I must hasten to add, this is actually the first and only complaint to speak of I have with them. Been a real pleasure until now and probably will continue to be, at least I hope so.

See, again this sort of post is tangential to the AMHash thread. It is "off topic" and therefore generally unwelcome. You should post this sort of thing in the "Havelock has lock on my funds" thread. Try posting that info here - https://bitcointalksearch.org/topic/havelock-investments-exchange-feedbackcomments-135035 and you might even get some satisfaction.

galdur

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What the hell´s up with Havelock ? I tried to withdraw a lousy .05 BTC but that failed and I was informed that funds would be transferred from their cold storage to the hot one and I could try again in one business day, Really? How bloody annoying. And now I can´t even log in. But, I must hasten to add, this is actually the first and only complaint to speak of I have with them. Been a real pleasure until now and probably will continue to be, at least I hope so.

galdur

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Quote from: DARKANGEL6415 on January 12, 2015, 03:24:48 PM

Quote from: galdur on January 10, 2015, 05:08:54 PM

Quote from: Kuma on January 10, 2015, 04:32:58 PM

Quote from: galdur on January 10, 2015, 03:39:24 PM

So, it´s a question of an assumed hashrate on which an assumed difficulty is based. Then big mining operators play that like a fiddle to fleece their investors. Small wonder that nobody in their right mind takes this mess seriously. Nonsensical production of a produce that has no volume on two-bit exchanges and constantly falls in price. It totally stands to reason. But the more confidence in this nonsense tanks along with the price the more it is supposed to be worth in future. Good luck with that.

Galdur, please read https://en.bitcoin.it/wiki/Difficulty. In short when network hashrate goes up, the difficulty goes up as well to compensate it.
Relevant citation from https://en.bitcoin.it/wiki/Block

The difficulty of the mathematical problem is automatically adjusted by the network, such that it targets a goal of solving an average of 6 blocks per hour. Every 2016 blocks (about two weeks), all Bitcoin clients compare the actual number created with this goal and modify the target by the percentage that it varied. This increases (or decreases) the difficulty of generating blocks.

The fiat value of BTC has no direct relation to difficulty nor hashrate.

Yeah, I got that. But since the hashrate now is only 1% higher than on 12/30 and the system (which presumably has accurate information of hashrate at any given time) that adjusts the difficulty figures that difficulty will rise by 8% in two days where will that 7% come from? Since difficulty is a function of hashrate then the hashrate in two days will be 8% higher than on 12/30 if that estimate is to be taken seriously, right?

Hashrate on 12/30 290,919,288 GH/s

now 292,597,077 GH/s

in two days ca. 313 PH/s ? (+8%)

LOL got to love it all i want my payments to go up to like 1500 each share Grin

It ended up at 314,761,417 GH/s to square the books, as expected.

DARKANGEL6415

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Quote from: galdur on January 10, 2015, 05:08:54 PM

Quote from: Kuma on January 10, 2015, 04:32:58 PM

Quote from: galdur on January 10, 2015, 03:39:24 PM

So, it´s a question of an assumed hashrate on which an assumed difficulty is based. Then big mining operators play that like a fiddle to fleece their investors. Small wonder that nobody in their right mind takes this mess seriously. Nonsensical production of a produce that has no volume on two-bit exchanges and constantly falls in price. It totally stands to reason. But the more confidence in this nonsense tanks along with the price the more it is supposed to be worth in future. Good luck with that.

Galdur, please read https://en.bitcoin.it/wiki/Difficulty. In short when network hashrate goes up, the difficulty goes up as well to compensate it.
Relevant citation from https://en.bitcoin.it/wiki/Block

The difficulty of the mathematical problem is automatically adjusted by the network, such that it targets a goal of solving an average of 6 blocks per hour. Every 2016 blocks (about two weeks), all Bitcoin clients compare the actual number created with this goal and modify the target by the percentage that it varied. This increases (or decreases) the difficulty of generating blocks.

The fiat value of BTC has no direct relation to difficulty nor hashrate.

Yeah, I got that. But since the hashrate now is only 1% higher than on 12/30 and the system (which presumably has accurate information of hashrate at any given time) that adjusts the difficulty figures that difficulty will rise by 8% in two days where will that 7% come from? Since difficulty is a function of hashrate then the hashrate in two days will be 8% higher than on 12/30 if that estimate is to be taken seriously, right?

Hashrate on 12/30 290,919,288 GH/s

now 292,597,077 GH/s

in two days ca. 313 PH/s ? (+8%)

LOL got to love it all i want my payments to go up to like 1500 each share Grin

galdur

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They do listen to trading idiots Grin

Market´s fair priced IMO.

Well, given this BTC level at least. And then there´s the next bloody difficulty to price in eventually.

alevlaslo

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560

http://nextdifficulty.com

galdur

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This new difficulty and a steady BTC, dividend of 610 satoshi tomorrow.

Wasn´t it like 800 a month ago ?

DARKANGEL6415

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Quote from: xhomerx10 on January 10, 2015, 12:29:54 PM

WTF guys! This discussion has no place in the AMHash thread. Please take the arguments elsewhere. Create your own thread with a relevant subject such as "Discuss the nature of variance as it applies to Bitcoin" or "Bitcoin hashrate can never be accurately know but only calculated based on the number of blocks found per unit of time: Discuss"

This thread is about AMHash.

LOL bring em in cowboy Grin

galdur

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There you have it, Difficulty +8.20%

Estimated Next Difficulty: 45,965,768,087 (+4.53%)
Adjust time: After 2016 Blocks, About 14.6 days

galdur

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Quote from: lunarboy on January 12, 2015, 12:03:16 PM

Quote from: galdur on January 12, 2015, 10:22:10 AM

Quote from: Mabsark on January 12, 2015, 10:03:59 AM

Quote from: galdur on January 12, 2015, 08:14:43 AM

You see, when you have this sort of insane production model, over time it becomes a question of which dries up first, buyers of product or bankers to finance production. So, we shareholders are basically a hedge.

Unless you own AM1 or AM100, you're not a shareholder, you're a customer.

Quote from: shitaifan2013 on January 12, 2015, 09:56:04 AM

in case it has not been discussed yet: is that good or rather bad for amhash1?

http://blog.cex.io/cryptonews/cex-io-temporarily-suspends-cloud-mining-services/

It's about time that shut down, payments have been negative for weeks by most reports I've seen. If those customers wanted to get back into cloud mining then the logical choices are AMHash and Hashnest so there could be spurt of buying on both/either which could increase the price.

Yes, CEX totally flopped after that big diff. jump in early November and the fizzle of that sizable BTC bounce shortly after. Incidentally at the same time BPMining´s payouts started decreasing until it blew up. So, I guess they could have been mining at ghash.

could just be they've stopped the cloud mining (stolen it back) and started mining for themselves. end of ponzi but hashrate unchanged. ??

If you mean the hashrate reported at the PBM website I doubt that should be taken seriously. But I guess nobody knows except the fuker and his accomplices.

lunarboy

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Quote from: galdur on January 12, 2015, 10:22:10 AM

Quote from: Mabsark on January 12, 2015, 10:03:59 AM

Quote from: galdur on January 12, 2015, 08:14:43 AM

You see, when you have this sort of insane production model, over time it becomes a question of which dries up first, buyers of product or bankers to finance production. So, we shareholders are basically a hedge.

Unless you own AM1 or AM100, you're not a shareholder, you're a customer.

Quote from: shitaifan2013 on January 12, 2015, 09:56:04 AM

in case it has not been discussed yet: is that good or rather bad for amhash1?

http://blog.cex.io/cryptonews/cex-io-temporarily-suspends-cloud-mining-services/

It's about time that shut down, payments have been negative for weeks by most reports I've seen. If those customers wanted to get back into cloud mining then the logical choices are AMHash and Hashnest so there could be spurt of buying on both/either which could increase the price.

Yes, CEX totally flopped after that big diff. jump in early November and the fizzle of that sizable BTC bounce shortly after. Incidentally at the same time BPMining´s payouts started decreasing until it blew up. So, I guess they could have been mining at ghash.

could just be they've stopped the cloud mining (stolen it back) and started mining for themselves. end of ponzi but hashrate unchanged. ??

alevlaslo

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HASHNEST is announcing ANTMINER S4 Market

Maintenance Fee: US$0.097 / KWh

https://bitcointalk.org/index.php?topic=921747.new#new

galdur

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Quote from: Mabsark on January 12, 2015, 10:03:59 AM

Quote from: galdur on January 12, 2015, 08:14:43 AM

You see, when you have this sort of insane production model, over time it becomes a question of which dries up first, buyers of product or bankers to finance production. So, we shareholders are basically a hedge.

Unless you own AM1 or AM100, you're not a shareholder, you're a customer.

Quote from: shitaifan2013 on January 12, 2015, 09:56:04 AM

in case it has not been discussed yet: is that good or rather bad for amhash1?

http://blog.cex.io/cryptonews/cex-io-temporarily-suspends-cloud-mining-services/

It's about time that shut down, payments have been negative for weeks by most reports I've seen. If those customers wanted to get back into cloud mining then the logical choices are AMHash and Hashnest so there could be spurt of buying on both/either which could increase the price.

Yes, CEX totally flopped after that big diff. jump in early November and the fizzle of that sizable BTC bounce shortly after. Incidentally at the same time BPMining´s payouts started decreasing until it blew up. So, I guess they could have been mining at ghash.

Topic: AMHash1: Cost-Effective Mining Contract - page 91. (Read 304259 times)