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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 144. (Read 3917058 times)

legendary
Activity: 980
Merit: 1040
How much does AM profit from this deal anyway? For every GH sold on havelock, how much does AM get ?
legendary
Activity: 826
Merit: 1004
I think it would been a far more successful IPO launch to offer a tremoundous price per hash for the IPO, which would then attract investors and stimulate the buying and selling on havelock after the IPO. The way it is priced now, although a decent and fair price, you can only really imagine the price going down and that's even if the IPO gets filled at all.

And how would that be good for AM? AM only earn money from the initial purchase. Havelock are the ones who profit from the trading.
sr. member
Activity: 284
Merit: 254
Can Rockminer or Friedcat comment on what happens to the remaining hashrate that doesn't sell during the IPO?  Will it be used as self mining or reissued at a lower price?

If we can't sell out all of 5P,there are several ways to deal with the remaining hashrates :

1 Sell to big customers directly,some of customers who want to buy lots of hashrates are contacting with us.

2 Sell them with another IPO at HaveLock,such as AMHash2...

3 Sell them at our own website,like other cloud mining companies did.

4 Be always self mining.

hero member
Activity: 574
Merit: 500
Can Rockminer or Friedcat comment on what happens to the remaining hashrate that doesn't sell during the IPO?  Will it be used as self mining or reissued at a lower price?

Somehow I don't think you will be receiving an answer on that one, I would hazard a guess that its all self mining until sold or reduced in price as the hash rate goes up
im sure they are self mining with it right now until the ipo starts, they said its already been tested
why wouldnt they be mining
sr. member
Activity: 490
Merit: 266
Can Rockminer or Friedcat comment on what happens to the remaining hashrate that doesn't sell during the IPO?  Will it be used as self mining or reissued at a lower price?

Somehow I don't think you will be receiving an answer on that one, I would hazard a guess that its all self mining until sold or reduced in price as the hash rate goes up
legendary
Activity: 1260
Merit: 1002

I think it would been a far more successful IPO launch to offer a tremoundous price per hash for the IPO, which would then attract investors and stimulate the buying and selling on havelock after the IPO. The way it is priced now, although a decent and fair price, you can only really imagine the price going down and that's even if the IPO gets filled at all.

So, a loss leader? I would worry about expectation-setting for AMHash2, if that contract will be structured like AMHash1.

 You people are looking at this way too deeply.  You get a miner without paying the shipping AND you run 1 TH for a buck sixty three per day without the need of buying a power supply!  The div per share is the same as the theoretical reward you would make from a 1 GH miner per second.  Really this is like a gift from AM Wink
   

+1
legendary
Activity: 2800
Merit: 1012
Get Paid Crypto To Walk or Drive
Can Rockminer or Friedcat comment on what happens to the remaining hashrate that doesn't sell during the IPO?  Will it be used as self mining or reissued at a lower price?
legendary
Activity: 3808
Merit: 7912

I think it would been a far more successful IPO launch to offer a tremoundous price per hash for the IPO, which would then attract investors and stimulate the buying and selling on havelock after the IPO. The way it is priced now, although a decent and fair price, you can only really imagine the price going down and that's even if the IPO gets filled at all.

So, a loss leader? I would worry about expectation-setting for AMHash2, if that contract will be structured like AMHash1.

 You people are looking at this way too deeply.  You get a miner without paying the shipping AND you run 1 TH for a buck sixty three per day without the need of buying a power supply!  The div per share is the same as the theoretical reward you would make from a 1 GH miner per second.  Really this is like a gift from AM Wink
  
sr. member
Activity: 328
Merit: 250
In the case with AMHash1 the BTC invested are transferred to Rockminer the manager of the funds.

They will control those funds.

So as you purchase those units on Havelock that are a part of the AMHash1 Fund  they will be in control of the Fund managers Rockminer which works with Friedcat.

The only BTC we hold online  and for a brief time is the amount to pay the dividends with.

All other BTC are offline or with the Fund Managers.

Havelock Investments



member
Activity: 62
Merit: 10

I think it would been a far more successful IPO launch to offer a tremoundous price per hash for the IPO, which would then attract investors and stimulate the buying and selling on havelock after the IPO. The way it is priced now, although a decent and fair price, you can only really imagine the price going down and that's even if the IPO gets filled at all.

So, a loss leader? I would worry about expectation-setting for AMHash2, if that contract will be structured like AMHash1.
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
True, after having btc stolen in Jon Montrolls bitfunder robbery and coming to realize that at least half of exchanges seem to run off deposits (or legitametly get hacked) I've apprehensive to invest in anything. Havelock is after all the one of 4 exchanges left selling am shares.

Re AM1hashing fund, I think there is still lots of trust for AM but its more that most btc world investors see cloud mining with a slim chance of returns in mining these days. You know that the price can only go down after purchase, its not like a stock, so its not an encouraging investment.

Personally speaking I think the price needs to be lower before buying any. The price is about par for the mining hardware, so for myself personally who had always got a roi in asicr mining only after mining a few months than selling the used hardware, and only ever losing btci the cloud mining I've done, its a tough sell.

I think it would been a far more successful IPO launch to offer a tremoundous price per hash for the IPO, which would then attract investors and stimulate the buying and selling on havelock after the IPO. The way it is priced now, although a decent and fair price, you can only really imagine the price going down and that's even if the IPO gets filled at all.
member
Activity: 117
Merit: 10
People are also apprehensive about holding anything on Havelock because of the regulatory uncertainty.
legendary
Activity: 2128
Merit: 1119
IPO is going down for the same reason every asset in bitcoinland is going down.. which is because bitcoin itself is crawling. no more momentum, enthusiasm or confidence caused by the previous bubble.

Not true...look at Etherum it sold a bunch in hours. This is not selling because everyone has finally learned that buying mining contracts/securities always looses you money. If you invest 50BTC into this your chances of getting those 50BTC back are slim to none...

Anyways I will stop posting about it...not trying to thread crap here or anything.
newbie
Activity: 30
Merit: 0
Has AMHash been advertised on Reddit and Zapchain?

Seems like the people with money are hanging out there rather than here these days... (please don't take it the wrong way... there was a thread on Zapchain about bitcointalk and a lot of the folks there said they had stopped coming because of the lack of community management / trolls / scams going on here)
member
Activity: 62
Merit: 10
AMHash1 IPO is 18% filled ....

I see ~3.7% (186650/5000000)

Hmm I'm seeing on Havelock 812,969 remaining out of 1,000,000 units.  Perhaps they are only offering the first tranche atm?
legendary
Activity: 1260
Merit: 1002
IPO is going down for the same reason every asset in bitcoinland is going down.. which is because bitcoin itself is crawling. no more momentum, enthusiasm or confidence caused by the previous bubble.
legendary
Activity: 1029
Merit: 1000
AMHash1 IPO is 18% filled ....

I see ~3.7% (186650/5000000)
member
Activity: 62
Merit: 10
AMHash1 IPO is 18% filled with a week to go, and the topic thread is rather quiet: https://bitcointalk.org/index.php?topic=833704.60

It seems like an unsuccessful IPO is a real possibility, which would not only be a depressing outcome for the offering, but could also lead to a negative feedback loop of lost confidence in AM.

Let's face it -- IPOs are about intrigue.  If I were FC, I would declare a special dividend to AM shareholders as soon as possible, making clear that it's one time only. The amount isn't important -- but going through the motions of a dividend will turn some heads and be a great opportunity to put the spotlight on AMHash1.

I don't think it's unfair to say that lots of people have forgotten about AM and regard Havelock as a place where investments go to die. If AMHash1 is actually a quality offering then it should sell itself once people know about it. I think an AM1 special dividend is the way to get that done.
legendary
Activity: 1029
Merit: 1000
I would like to make a 1000 btc bet that asicminer wont be payin divs this year.

I think they will. December for sure...
sr. member
Activity: 253
Merit: 250
I would like to make a 1000 btc bet that asicminer wont be payin divs this year.
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