I see both bitmain and asicminer gear. I think you may be on to something.

While its true BF has confirmed the partnership, its worth pointing out that if bit-x doesnt directly control the hashpower, it adds another layer of risk. If BF goes tits up, you lose your investment. If Bit-x goes tits up, idem ditto. All other things equal, its always safer to invest directly with the owner of the hashrate.

Bitfury's 28nm chips where initially supposed to hit around new year. They where delayed by a few months, and thats probably what you are seeing now. If true, brace yourselves.

Ahrm.. AM1 traded around 0.1 BTC long before FC vanished.

You lack imagination. XPY will skyrocket because to buy a single macbook on constrand, you are going to need a bazillion XPY. There are no bazillion XPY (yet) so the price will go ballistic. Simple economics.


yes, Im being sarcastic

pbmining was a ponzi from day 1 and lasted nearly a year. Krypto-illogica used to own hashrate, probably even enough to cover their minuscule sales; its only been a few weeks since one should assume their AM1 shares to be gone, and with no other evidence, assume Krypto-illogica therefore turned ponzi.

Prove it. Prove you have the hashrate. You have provided evidence to me once you once owned AMhash, but we all know what thats worth now. As long as you dont prove you have other hashrate, you belong to be on the list among the other ponzi's.
Besides, even if you do own hashrate elsewhere and act as a passthrough, its always going to be a higher risk, because you double the points of failure and your customers can not gauge the risk of whatever it is you are passing through. Could very well be another ponzi.


Giant revelation: ponzi's are not sustainable.


More likely, your two and a half customers end up losing coins.

The intent seems pretty obvious; close down amhash website, have everything on one common platform, should AM ever pony up whats owed, it can be distributed through havelock.

That the balance is negative can also be understood, if indeed amhash paid those divs out of their own pocket as an advance on what they then assumed AM would pay shortly. Its not the cleverest PR, but the negative balance is what AMhash claims it is owed 'personally' by AM. They could just as well have left the balance at zero, but taken that amount from future AM payments if ever they happen, it would amount to the same thing.

Dont confuse your inability to read with me misleading anyone. Nothing I wrote about AMhash was or is incorrect. Anyone who trusted and followed my advice has not lost a satoshi.

And coming from someone who grossly insulted anyone warning pbmining customers, who proclaimed to have gotten 170 BTC from that scam, its a bit rich to accuse me of anything.

Oh, and your gigantic $5 or whatever donation Ill gladly donate to all miners as a transaction fee whenever I feel like syncing my wallet again, but there is no chance in hell Im sending you a satoshi.

Wow, just
wow.

Very few scams even stoop that low. Sounds like something only AMT did so far: "shill for us, and we might eventually send you the obsolete miner we promised, say the truth and you will get nothing".

Im guessing either he is trying to distance himself from paycoin for legal reasons, or its a matter of running low on funds and offloading everything (except his stash) to the community. He doesnt have to control ie censor the forum himself, his loyal fanclub will do it just as vigorously for him, if not to pump the value of their own stash, then surely for a small "gift" from homero. Or just the promise of a gift.

BTW, afaik, all AM hardware customers (so excluding AMhash) also got what they paid for. Which again is more than one can say of HF or any other scam I can think off.

Ponzi's can not, by definition, return more to  investors collectively than what the ponzi got from them in the first place. Madoff didnt, no ponzi ever did. Oh, and I assume HF didnt either, sucks to be you. AM did, many times over.  You would call Dell a ponzi just because you bought them too high.

I dont often agree with jimmothy, but I do here. Its a weird kind of scammer that first returns 6x more to its investors than it ever collected in its IPO. if it was premeditated, it certainly wasnt a few years ago. And its an unbelievably incompetent scam when you pull the plug right at the moment where everyone is holding their wallets expecting the launch of a new product,  that could greatly increase his loot, just by selling (fake) BE300 bulk preorders or hashrate based on it.

Everything points to there being more to this story than FC pulling off a very weird and/or very incompetent scam. I still think its far more likely the discovery by authorities  of 'theft' / misappropriated electricity of their mine is what triggered this collapse. Conjuncture, for sure,  but more plausible than the incompetent scam theory.

This is nothing new. For instance, in the netherlands you have http://www.stichtingmediwiet.nl/
its in dutch, use google translate. Its an organisation that provides high concentration cannabidiol oils (indeed, for ingestion) to patients. They have been doing it since 1993, they even mention your hero (and partially debunk his approach) http://www.stichtingmediwiet.nl/info/onverdunde-wietolie-en-kanker/

and guess what, they dont claim its a miracle cure, they say it can often help, particularly in combination with chemo; because it reinforces the effect of the chemo, as also evidenced in several clinical studies. You'd think that if all or even most of their cancer patients had been cured or survived for the past 20 years, someone would have noticed, no?

So some guy on the internet (who wants me to buy his book) says his stuff cures cancer. What does that sound like to you? You can call it an "attitude", I call it common sense to take claims like that with a tablespoon of salt. Yeah, I do prefer to get my information from various health professionals who have been studying this disease and searching for potential cures for decades, in a controlled, scientific way.  And without trying to sell me their book.

Now like I said, I want her to try CBD,  so obviously I dont discard the benefits of cannabidiol, and neither does any health professional. The effects have been studied for decades and continue to be studied, its been legalized in many countries because it does help (help, not cure), but if it really was a silver bullet like you seem to think, dont you think someone would have won a Nobel price for finding "the cure for cancer" by now ?


Right, lets stick to snake 'rick simpson' oil.


I said I wasnt looking for medical advice, I meant it. Im looking for info how to most easily (preferably, since I live close to the netherlards,  legally) acquire it and convenient ways to deliver it to her.

But dont worry, you will get your wish, my mother is not likely to continue chemo for long, even before her first treatment she's deteriorating so fast, she's pretty much giving up. So we may yet find out if CDB alone will cause a miracle. If she lives a year from now, Ill go to Lourdes, on foot, wearing a Rick Simpson t-shirt.

So you got in at $6 and right now its $260 and somehow you managed not to make a profit?
I guess its true what they say about a fool and his money.

FWIW, I got in a bit earlier, and to date the total amount I have lost to scams or bad investments in asic hardware or secutities is ahm..  nada, zip, njiente. 

Well if I am totally honest, I lost a 0.1 BTC bet a few months ago, not sure that qualifies.


Nope, the correct lesson you should have learned, and which I and many others have been preaching for years,  is to stay away from anything that promises to 'grow your bitcoin'. Those are the mirages you must have kept falling for time and again when you decided a few 1000% profit wasnt enough. Growing bitcoins is like growing gold, it just doesnt happen very often.

I have it on good authority he's discussing with his close friend, Vladimir Putin whether or not to invade China if they dont deliver FC.

BTW, on a dutch forum someone pointed me to this:
http://e-sigaretwinkel.com/eliquid-cbd/ambrosia-20-cbd

20% CBD. Im considering trying that in some metal tank. Just a shame it has a relatively high % of nicotine. My mother hasnt smoked in like 25 years, seems silly to get her hooked on nicotine again now. Not that that would be what would kill her of course, but meh..

Yeah I have smoked cannabis when I was a student a few decades ago. It certainly was fun then, well, most of the time, but the experience of getting high is very different if you are stressed/in pain/anxious. What you call "high" could very well feel as extremely low. Think of it as a mood amplifier.  Also, from what I hear these days (non medical) cannabis tends to be far stronger in THC then what I smoked.


Id like to see them try jailing a terminally ill 78 year old for using pain relief. Not gonna happen. Besides, we do have laws against drugs, but they are fortunately not that insane. I might see the stuff confiscated, possibly a small fine, but if I can show its for medical use, Im quite certain they wont do anything.