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You aren't really addressing the problem head on. The bots need to be stopped. How will you do that? The more you dodge the question the guiltier you look...
Also 2 spins per second seems pretty fast for a regular player as well...
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I'm not a fan of single deck BJ only paying 6:5 on BJ. I was playing but I'll probably stop now because of that.
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Road stress why do you feel the need to bash companies at all. Do you think that nothing bad will be said about them unless you're a constant contrarian? Have you bashed sptech yet? I'm sure there are reasons to bash them and you haven't bashed them.
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A detailed financial statement is needed. It really shouldn't take this long to produce.
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What makes me think, about ASICminer & all their associated "business relations" is this;
If bitfountain is the parent-company, who is buying bitfountain interest? it just doesn't make sense! lets see the books, cooked, underdone, uncooked, lets just see.
The only thing I could see bit fountain doing is issuing additional shares for more cash to build a data center or something but since they have other shareholders it makes the scenario a mess since it would dilute all shares. |
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If AM captures a large amount of the network hashrate(20%) or sells the equivalent in cloud mining, we will be swimming in dividends. Probably dividends equivalent to double the current share price.
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So then you buy undervalued shares and profit?
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Could you please address your site's stance on using bots to play your games? Particularly bots playing the games only when the progressive makes it a positive play?
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Like I said to my previous message of a bot win with Video Poker, that went un-replied to. Here is another bot win in Roulette. Goes to show most of these wins are nothing but BOTS. You said you wanted names. I gave you some previously and some more now.
Jan 30, 2015 at 4:06pm 4428a16881 Roulette 0.0002 Three zeroes 4.5978562
Jan 30, 2015 at 4:06pm 4428a16881 Roulette 0.0002 Two zeroes 0.0286
Jan 30, 2015 at 4:06pm 4428a16881 Roulette 0.0002 Hit 0 0.0037
Jan 30, 2015 at 4:06pm ba0b35c58d Roulette 0.0002 Hit 0 0.0037
Jan 30, 2015 at 4:06pm fb860b530f Roulette 0.0002 Hit 0 0.0037
Jan 30, 2015 at 4:06pm bba2d33c35 Roulette 0.0002 Hit 0 0.0037
Jan 30, 2015 at 4:06pm 78913e808c Roulette 0.0002 Hit 0 0.0037
Jan 30, 2015 at 4:06pm ac214f521e Roulette 0.0002 Hit 0 0.0037
Jan 30, 2015 at 4:06pm 3ba50cfa8c Roulette 0.0002 Hit 0 0.0037
Jan 30, 2015 at 4:06pm 78913e808c Roulette 0.0002 Hit 0 0.0037
Jan 30, 2015 at 4:06pm 78913e808c Roulette 0.0002 Hit 0 0.0037
Jan 30, 2015 at 4:06pm 3ba50cfa8c Roulette 0.0002 Hit 0 0.0037
Jan 30, 2015 at 4:06pm fc70c4fed4 Roulette 0.0002 Hit 0 0.0037
Jan 30, 2015 at 4:06pm 7b4900dea4 Roulette 0.0002 Hit 0 0.0037
Jan 30, 2015 at 4:06pm ba0b35c58d Roulette 0.0002 Hit 0 0.0037
Jan 30, 2015 at 4:06pm 3ba50cfa8c Roulette 0.0002 Hit 0 0.0037
I took a look at these accounts. Most of them were playing at a rate of 2-4 games per second, which is about the same as a user playing on autoplay in a single screen. One account (it didn't win) was playing at a rate of 10 games per second, which could be a bot or multiple browser sessions playing at the same time. If the account shows up again we'll take a closer look. Please keep in mind that the above list of users is showing a full minute of play. So even a regular user would get in a lot of games during these 60 seconds. 4 games per second on autoplay would be 240 games per minute, which would result in hitting 0 about 6 times every minute. These BOTS, were playing for approximately 15 minutes until the jackpot was hit and stopped immediately after it was hit. Again, you want us to help detect these people and then you won't even help. Acepuppy, I made a post in this thread over a year ago about bots playing video poker at a furious pace as soon as the royal progressive made it a positive play. Bitcoinvideocasino (BVC) basically shrugged it off as legitimate. The conclusion I have made is that it's either BVC operating the bots to skim off the progressives or if it isn't that then BVC simply doesn't care if an advantage player is taking all of the coins out of their progressives. It seems unlikely that it's the latter as coins in the hands of regular players would likely be lost to BVC in the future so I think they have some hand in it. The bots play hundred or thousands of hands per minute at the moment the progressive becomes positive. This is the reason I no longer play on the site even though I have no reason to believe the games are fixed. |
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So KNC taped out 16nm. Will they beat AM to production? They got $15M in funding so I'm guessing the batch they churn out is going to be massive.
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...
but I'm sure I'm missing something crucial.
Maybe you're missing the costs to produce 20PH of mining hardware? AM has been retaining all earnings and according to FriedCat has enough BTC for "a long time". I think it's safe to assume they have $, yuan, or btc on hand to fund chip production. |
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If the chips perform as expected and they replace the AMHash operation with gen 4 then they will have 20phs of cloud mining to sell or self mine with. That's without expanding capacity which they should be able to do. 20 phs might be about 6% of the network which over its useful life should probably mine close to 0.09 btc per share before electricity costs. Am will likely sell chips and also expand self mining r selling hashes through cloud mining. I'm thinking we will have dividends in excess of .25 btc per share this year after chips are deployed but I'm sure I'm missing something crucial. Hasn't stopped me from pick up more at a good price.  I would love for someone to tell me I'm wrong so I can just give up on AM and hold BTC for the long haul. |
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Well it went towards .10. Probably another good buying opportunity.
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Am can't just unplug gen 2 and replace with new chips though. AmHash owners still own shares until the mining OP is unprofitable which may be some time. I wonder how AM will handle this because it would be a shame to waste 5MW on gen 2 hardware but they can't just give AM hash owners gen 3 hardware for free.
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I did some rough calculations using your 15MW and from the most recent tests it looks like AM would need to deploy 490,000 24 chip boards to gain 20% of the network. Does that sounds right? I wonder how many boards were deployed the the 5ph AmHash farm. 490k boards sounds like a daunting amount of work that might not be doable.
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Thank you! About how many of the new AM chips would that be?
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I thought the tests on the chips were done and the specs known. I know we won't know the network size but assume that it stays roughly the same. (I know that's not realistic)
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Ok, I have a question I'm hoping someone familiar with the current gen chips can answer? There has been talk about self mining but I wonder how likely it is ASIC miner can regain a large percentage of the network again. Since we have the numbers for the new gen can anyone more familiar maybe weigh in on how much electricity and data center space AM would have to hold about 20% of the network?
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Please please please start self mining with these chips en mass. Retain a healthy amount of bitcoin for future product development and then start distributing dividends again.
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It would be nice if we new what our cash burn rate was. FC hasn't provided financial statements so we have no idea how close AM is to the brink. Sure would be nice if FC provided some information.
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