What percentage of hash power does a company have to show to satisfy your curiosity, because obviously it's not about just showing the data center.
For the record, the pictures show 160 Antminers S4 and 192 Antminers S3 in a single row.
I hadnt seen those. I dug some deeper and found enough evidence to suggest they do indeed run a serious mining operation. Ive upgraded their rating to "possibly legit" as there still too many red flags IMO.
|
|
|
I dont see whats there to update. So you are now reselling amhash, which is already rated. Your own so called hashrate remains as unproven and dubious as before (there is more than a sliver of irony in the fact you tout AMhash's provable hashrate). So all the red flags still apply. To be honest, Im at a loss why anyone would buy amhash through you.
|
|
|
before difficulty change: 0.00000859 after difficulty change: 0.00000817
amhash change ~5%
difficulty change 1.76%
why is amhash almost 3x higher?
the fee remains constant.
|
|
|
IMO mining is gambling. Mining is gambling on the difficulty hikes. If difficulty do not continue to rise exponentially, miners win.
If miners "win", ie, profit, then difficulty will continue to rise exponentially until they no longer win.
|
|
|
mining is very predictable. no deep strategies are needed either.
Really? Then please predict me the next difficulty change and the difficulty in 6 months.
|
|
|
ffs roadstress, this is AM security thread, not HW.
If AM boards are spontaneously combusting, in your mind that is irrelevant to the company selling them? Its not like this is the first such report.exactly. ..in the hardware threads. I dont even think its been mentioned here. You'd rather have investors not know I guess.
|
|
|
There are days when PETA didn't pay div at all.
you know, like today.
|
|
|
ffs roadstress, this is AM security thread, not HW.
If AM boards are spontaneously combusting, in your mind that is irrelevant to the company selling them? Its not like this is the first such report.
|
|
|
FinFET isn't magic word that alone can reduce power consumption 10 times (vs 20nm planar). It allows to power devices with little bit lower voltages, and this maybe a secret of 0.07W/GH - low power mode. But performance will be ~1/3 of nominal. At normal operation speed it will be more like 0.15W/GH (0.2W at wall).
Claims of 0.1W/GH at the wall are being made by Bitfury and Spondoolies for their next gen 28nm chips next year. Saying one couldnt do as good, let alone better with 16nm FF+ is ridiculous. Whether or not KNC can and actually will do it remains to be seen of course, but the claim by itself seems perfectly plausible. Likewise, TSMC 16nm FF+ already is in risk production: Taiwan Semiconductor Manufacturing Co. (TSMC) has reached a new milestone. On Wednesday, the company announced that it has entered risk production for its 16nm FinFET Plus (16FF+) process.
It is yet another sign that the world's largest chip foundry is ahead of schedule with its first 3D chips that will be at the core of a new generation of smaller, more powerful mobile devices, according to analysts who cover the company. [...] TSMC is conducting small-volume shipments of 16FF+ this quarter, according to Peng.
http://www.eetasia.com/ART_8800706581_480200_NT_b0b285ad.HTM
|
|
|
As do I, but its not inconsistent with TSMC claims.
|
|
|
Isn't it interesting the more legit a company is the more widely hated it is? CEX.io ...
That will change once the ponzi's collapse. Lets see how popular pbmining is when it gets 404'd It's more expensive than us and pays out less per day
This thread makes no attempt to judge profitability, and Id like to keep it out of it. All thats being open to discussion here is if a company really offers what it claims to offer. AMhash certainly does a better job proving that.
|
|
|
Thats nonsense. While apple may gobble up the majority of the high volume production once its available, I assure you the first 16nm wafers will not be high volume Apple products. They will be high risk, low volume, simple designs. In fact for many reasons, bitcoin asics are pretty much an ideal design to help ramp production.
|
|
|
You'd have to define the term "gambling" to me first. Wikipedia defines it as:
"Gambling is the wagering of money or something of material value (referred to as "the stakes") on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods. Gambling thus requires three elements be present: consideration, chance and prize"
By that definition, Id have to say it is indeed gambling. Your investment constitutes consideration, future difficulty is uncertain and for most people the intent is to profit. At the same time, I have trouble seeing how any form of investment wouldnt constitute a gamble using the same definition.
|
|
|
AMT screwed the pooch. I didn't endorse them You gave them a glowing review of a freebee POS miner that didnt even come close to meeting its published specs (and broke down 2 months later IIRC?) All the while paying customers received diddly squat and no one with a brain would believe the specs and timelines they published. But they were the real deal according to biomech. They've treated me well As did AMT. I quote " They've done well by me". and I have yet to hear of any of their customers not being paid. Which applies to any ponzi, right until when it collapses. It's been long enough that I doubt very much that it would have been sustainable as a ponzi. You cant be that naive. Have you even tried doing the math? My thought from day one is that they are seling half of the hash they purchase, and using that to sustain profitability.
Or maybe you are I have no direct proof one way or the other. So how is that good enough ? Would you endorse or preorder hardware from a company that offers no direct proof of anything ? Indeed you have ZERO proof of their identity. You have ZERO proof they are even mining at all. No pictures. No asic vendor endorsement. No mining address. Your payouts dont come from mining, they come from coin mixers. This has all the credibility of the Nigerian prince that emailed you yesterday. Why dont you put that in your sig? Let me guess, they dont offer referral rewards?
|
|
|
Volume of Bitcoin asic wafers is typically counted in low double digits. "volume production" by TSMC standards means on the order of 6 digit wafer starts per week. Not that Ill believe it before seeing it either.
|
|
|
I could sell my holding of AMHash1 right now and make a profit when I include divs already recieved. I am tempted, just so I can say, for once in my life, that a BTC security actually made me a profit, but I'm going all the way with this because my position is so small and my profits almost negligible that its worth the risk to take the ride.
Many, if not most mining bond IPO's did well shortly after the IPO. Anyone who invested early in cryptx, gigavps and cex.io, and sold shortly after, did well. OFten times earning multiples of their investment. Anyone who didnt and went "all the way", lost the bulk of their investment. Just sayin.
|
|
|
why would they sell so cheap when the price is actually rising? Because they are were selling about as much as, say, BFL currently?
|
|
|
IM gonna win this. Im bidding 25K BTC
|
|
|
I'd like to hear the OP's opinion in this matter.
I havent seen anything remotely resembling the claimed hashrates. Its not something I give much weight to if there are other ways to verify their hashrate, but with GAW, afaik, its pretty much all there is. And its made worse by how aggressively they sell/promote through affiliate links.
|
|
|
|