AMHash1: Cost-Effective Mining Contract - page 96.

galdur

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Quote from: DARKANGEL6415 on January 10, 2015, 01:31:08 AM

Quote from: galdur on January 09, 2015, 03:39:03 AM

Total hashrate has tanked down to 299,221,090 GH/s, was like 320

a few days ago. Since the rate was 290,919,288 at the last adjustment

on Dec. 30 I guess this means around 3% diff increase but not

Estimated Next Difficulty: 44,750,738,113 (+10.11%)

if these figures can be trusted, that is.

https://bitcoinwisdom.com/bitcoin/difficulty

i really do not want any difficulty to go up, but people say the difficulty needs to go up for price to go ....... still waiting . I will gladly take the 3% increase instead of the 10% any day of the week lol. The only problem is where do you see the 3% i just went to link you posted and i see on the site says 8% Huh

Now the hashrate is slightly higher than on 12/30, +0.5% or so but i guess it´s still going to be +8% diff

What a friggin nonsense. I guess it´s just another bitcoin scam. Nothing to see here, stay calm it´s just business as usual. Turn the equipment up like crazy but when a few hundred blocks are left they turn it off, ending flat as hashrate is concerned but with 8% diff. increase, scamming 8% off customers´payouts next period.

DARKANGEL6415

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Quote from: galdur on January 09, 2015, 03:39:03 AM

Total hashrate has tanked down to 299,221,090 GH/s, was like 320

a few days ago. Since the rate was 290,919,288 at the last adjustment

on Dec. 30 I guess this means around 3% diff increase but not

Estimated Next Difficulty: 44,750,738,113 (+10.11%)

if these figures can be trusted, that is.

https://bitcoinwisdom.com/bitcoin/difficulty

i really do not want any difficulty to go up, but people say the difficulty needs to go up for price to go ....... still waiting . I will gladly take the 3% increase instead of the 10% any day of the week lol. The only problem is where do you see the 3% i just went to link you posted and i see on the site says 8% Huh

galdur

hero member

Activity: 616

Merit: 500

Well, it keeps dropping.

Estimated Next Difficulty: 44,205,535,534 (+8.77%)

If they can get it down to 5% I´ll be pretty content.

galdur

hero member

Activity: 616

Merit: 500

Quote from: elasticband on January 09, 2015, 03:24:50 PM

Quote from: galdur on January 09, 2015, 03:12:42 PM

Quote from: elasticband on January 09, 2015, 03:05:25 PM

weekend pump incoming, bitstamp resumes trading in 55 minutes.

Hope the pump lasts several days.

That's what your significant other said Kiss

Nobody takes those two bit-fly by night exchanges seriously. At least no meaningful capital. So, there´s no volume. Today, maybe 20 million dollars over 24 hours. Best days, maybe 50. Microscopic.

Compare that to

FB $3 B average vol per session

GOOG 1 B

AMZN 1.5 B

AAPL 5.5 B

to name a few wonderdogs in the stock market.

And since this is a currency. Forex turns over like 5 trillion dollars per day.

elasticband

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

Quote from: galdur on January 09, 2015, 03:12:42 PM

Quote from: elasticband on January 09, 2015, 03:05:25 PM

weekend pump incoming, bitstamp resumes trading in 55 minutes.

Hope the pump lasts several days.

That's what your significant other said Kiss

galdur

hero member

Activity: 616

Merit: 500

Quote from: elasticband on January 09, 2015, 03:05:25 PM

weekend pump incoming, bitstamp resumes trading in 55 minutes.

Hope the pump lasts several days.

galdur

hero member

Activity: 616

Merit: 500

Quote from: elasticband on January 09, 2015, 03:00:52 PM

bear trapped Cheesy

It´s just shorts covering for the moment. Nothing goes straight down. Or up.

elasticband

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Activity: 1036

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

weekend pump incoming, bitstamp resumes trading in 55 minutes.

galdur

hero member

Activity: 616

Merit: 500

Anyway, since mining is such a great thing that those big mining operations expand their operations at an exponential rate the least they could do is support the price of their product. I mean, it looks kind of suspicious when production capacity grows the more the price of product tanks. At least it would in the real world.

elasticband

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

bear trapped Cheesy

galdur

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Quote from: HarmonLi on January 09, 2015, 02:31:01 PM

Quote from: galdur on January 09, 2015, 02:26:18 PM

Quote from: HarmonLi on January 09, 2015, 02:15:18 PM

Well, we've seen far worse increases back in 2013 when all the first ASICs hit the market. If you ignore the development of the last week or so, we've practically seen a stalling of the hash rate growing. Also it can only continue to grow in this way if the BTC recovers at least to a certain extent.

I certainly hope you´re right. But wasn´t the yield much higher

back there in 2013 ? And of course the cost of equipment and

mining contracts. Now it´s much closer to zero. One GH costs

typically what .001 plus or minus ? Unless difficulty levels off

that zero can approach pretty quickly

Well, it depends... The BTC price is pretty low today. If we saw prices of $1000 again, the costs of running the cloud mining would be substantially lower, and thus the yield per GH/s would be higher -> If the BTC price goes up, the AMHash contract gives you a higher yield.

If the BTC price goes up. How in the heck can it go up given that the marketplace is self regulated and decentralized and a bloody libertarian´s wet dream and therefore totally out of control, crime ridden and bereft of pretty much all security, confidence, interest and therefore also of what it would take for it to go up, that is volume. There is no volume. it´s paradise for short sellerts. bitcoin isn´t going anywhere but down until confidence and trust in its marketplace is firmly established.

galdur

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Merit: 500

Oh my dog, this is the first time I log on with my friggin phone. No wonder they're going crazy. The truncated columns and the spacing is a disaster. I promise to stop it immediately. Best of luck, g

HarmonLi

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Activity: 350

Merit: 250

Honest 80s business!

Quote from: galdur on January 09, 2015, 02:26:18 PM

Quote from: HarmonLi on January 09, 2015, 02:15:18 PM

Well, we've seen far worse increases back in 2013 when all the first ASICs hit the market. If you ignore the development of the last week or so, we've practically seen a stalling of the hash rate growing. Also it can only continue to grow in this way if the BTC recovers at least to a certain extent.

I certainly hope you´re right. But wasn´t the yield much higher

back there in 2013 ? And of course the cost of equipment and

mining contracts. Now it´s much closer to zero. One GH costs

typically what .001 plus or minus ? Unless difficulty levels off

that zero can approach pretty quickly

Well, it depends... The BTC price is pretty low today. If we saw prices of $1000 again, the costs of running the cloud mining would be substantially lower, and thus the yield per GH/s would be higher -> If the BTC price goes up, the AMHash contract gives you a higher yield.

galdur

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Activity: 616

Merit: 500

Quote from: HarmonLi on January 09, 2015, 02:15:18 PM

Quote from: galdur on January 09, 2015, 02:13:09 PM

If this difficulty bubble continues I don´t really see much future

for the cloud mining industry, at least the legitimate part of it.

They´ll have to lower rates to adjust to the constantly falling

yield. If difficulty rises by .7%/day for weeks or months how long

can that go on. It´s another very weird feature of this BTC

marketplace that has an urge for self-destruction. First, "self regulated"

marketplace of the product which means that is becomes totally scam-ridden

and therefore without any interest, confidence or volume to speak of.

Second, uncontrolled mining where the players price themselves down and out of

business at an accelerating rate. But that´s all right for them I guess

because I´m sure they´ll be short their own product all the way down.

Screw the customers.

Well, we've seen far worse increases back in 2013 when all the first ASICs hit the market. If you ignore the development of the last week or so, we've practically seen a stalling of the hash rate growing. Also it can only continue to grow in this way if the BTC recovers at least to a certain extent.

I certainly hope you´re right. But wasn´t the yield much higher

back there in 2013 ? And of course the cost of equipment and

mining contracts. Now it´s much closer to zero. One GH costs

typically what .001 plus or minus ? Unless difficulty levels off

that zero can approach pretty quickly

HarmonLi

sr. member

Activity: 350

Merit: 250

Honest 80s business!

Quote from: galdur on January 09, 2015, 02:20:15 PM

Quote from: Chris_Sabian on January 09, 2015, 01:49:33 PM

Galdur,

Iis posting here your full time job or something? Many of the threads that I follow has you as the lasted replay. Always.
You have a unique way of adding an enter between each line of reply. Since you joined at ~150 days ago with 1872 posts, that is ~12 posts / day
There is very little change in your posting between hours of the day as well.

https://bitcointalksearch.org/user/galdur-359152
https://bitcointalksearch.org/user/galdur-359152

The internet is my full time job. I´m into this and that.

Stocks, websites, this bitcoin thing etc. All sorts of things

really. Only 12 posts a day here ? Well, maybe i should

turn it down somewhere else.

The spacing ? Merely to bug people that can´t stand that.

I pretend to be crazy in order to drive you crazy.

You've gotten people to analyze your posting-behavior so I guess you've successfully accomplished exactly that Cheesy

I believe peoples' mood will get better if as soon as the price of AM and BTC goes up again.

galdur

hero member

Activity: 616

Merit: 500

Quote from: Chris_Sabian on January 09, 2015, 01:49:33 PM

Galdur,

Iis posting here your full time job or something? Many of the threads that I follow has you as the lasted replay. Always.
You have a unique way of adding an enter between each line of reply. Since you joined at ~150 days ago with 1872 posts, that is ~12 posts / day
There is very little change in your posting between hours of the day as well.

https://bitcointalksearch.org/user/galdur-359152
https://bitcointalksearch.org/user/galdur-359152

The internet is my full time job. I´m into this and that.

Stocks, websites, this bitcoin thing etc. All sorts of things

really. Only 12 posts a day here ? Well, maybe i should

turn it down somewhere else.

The spacing ? Merely to bug people that can´t stand that.

I pretend to be crazy in order to drive you crazy.

HarmonLi

sr. member

Activity: 350

Merit: 250

Honest 80s business!

Quote from: galdur on January 09, 2015, 02:13:09 PM

If this difficulty bubble continues I don´t really see much future

for the cloud mining industry, at least the legitimate part of it.

They´ll have to lower rates to adjust to the constantly falling

yield. If difficulty rises by .7%/day for weeks or months how long

can that go on. It´s another very weird feature of this BTC

marketplace that has an urge for self-destruction. First, "self regulated"

marketplace of the product which means that is becomes totally scam-ridden

and therefore without any interest, confidence or volume to speak of.

Second, uncontrolled mining where the players price themselves down and out of

business at an accelerating rate. But that´s all right for them I guess

because I´m sure they´ll be short their own product all the way down.

Screw the customers.

Well, we've seen far worse increases back in 2013 when all the first ASICs hit the market. If you ignore the development of the last week or so, we've practically seen a stalling of the hash rate growing. Also it can only continue to grow in this way if the BTC recovers at least to a certain extent.

galdur

hero member

Activity: 616

Merit: 500

If this difficulty bubble continues I don´t really see much future

for the cloud mining industry, at least the legitimate part of it.

They´ll have to lower rates to adjust to the constantly falling

yield. If difficulty rises by .7%/day for weeks or months how long

can that go on. It´s another very weird feature of this BTC

marketplace that has an urge for self-destruction. First, "self regulated"

marketplace of the product which means that is becomes totally scam-ridden

and therefore without any interest, confidence or volume to speak of.

Second, uncontrolled mining where the players price themselves down and out of

business at an accelerating rate. But that´s all right for them I guess

because I´m sure they´ll be short their own product all the way down.

Screw the customers.

HarmonLi

sr. member

Activity: 350

Merit: 250

Honest 80s business!

The hash rate really has gone completely crazy... What was this insane run-up? Bitmain people say? People pointing their gear back to Bitcoin mining? But why is it ebbing down again? Bitcoin never seizes to amaze me!

Chris_Sabian

legendary

Activity: 896

Merit: 1001

Galdur,

Iis posting here your full time job or something? Many of the threads that I follow has you as the lasted replay. Always.
You have a unique way of adding an enter between each line of reply. Since you joined at ~150 days ago with 1872 posts, that is ~12 posts / day
There is very little change in your posting between hours of the day as well.

https://bitcointalksearch.org/user/galdur-359152
https://bitcointalksearch.org/user/galdur-359152

Topic: AMHash1: Cost-Effective Mining Contract - page 96. (Read 304259 times)