So much hate in this thread I don't understand why.
YES its with a second hand S3, its not smart buying any new miners and paying retail.
and YES its with free electricity, its not smart mining if you are paying for electricity.
Why do you take is as hate? I am just point out the reality. It's not about hate, it's about not being misleading. |
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Title is misleading. You got ROI with a second hand S3, not with a new one...
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Why not you get used to bigger blocks?
Which ones? 20MB+. Why should I get used with a 1MB block when you could get used with 20MB+ blocks? Those your imaginary magic satoshi santa will bring for christmas?
Exactly! |
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Hope they made enough to afford protection for the rest of their lives...
Useless threat. Looking at TerraHash fail and also at BFL I am pretty sure nothing will happen to the 2 liars. |
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Hasrate dropped by ~2PH. So it turns out I lost this bet because someone stole an entire warehouse full of miners  Hah! Good find! Now to only find the SP30 bet that I had. Someone claimed that difficulty would hit 300M by this time of the year  The Chinese way of doing business is striking again in Bitcoin world after Avalon fiasco. |
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Micro-transactions aren't the only transactions that will not fit in a 1MB block limit.
Yeah. Get used to it. Why not you get used to bigger blocks? If you accept that not everything has to be trustless, then the 'problem' vanishes instantly.
Finally something about your own views about Bitcoin. Unfortunately for you it doesn't match Satoshi's view. |
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if using rockerbox that would mean about 20-30TH depending on the number of chips and their voltages (likely 25TH)
using a gen2 28nm would probably result in 10-20% more hashrate/watt. using a 20nm or 16nm would improve efficiencies by about 2.5-3x
Don't underestimate SP-Tech design capabilities. Bitfury showed to all that there is plenty of squeezing left from the 28nm chips. I expect from SP-Tech to at least match them! |
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How much capital does AM have? You have no idea.
How much money does it cost to produce a Tube? How much does it cost to produce a Prisma? You have no idea.
Yet apparently you know for a fact that AM don't have enough money to produce an extra 5 Ph/s worth of miners. Do you not see how such a statement is clearly illogical nonsense?
Besides what makes you think AMHash didn't have 5 PH/s already self-mining as FC seemed to claim. They did buy back Prisma's off anyone who wanted to take them up on the offer after all. Do you know how many Prismas were bought back? No you don't.
Yet again, apparently you know for a fact that AM couldn't possibly replace 5 Ph/s worth of hashing power based on having no actual knowledge or information.
Like I've been saying for months, you seem to have extreme difficulty understanding the difference between a fact and an opinion.
Again you aren't fully attention to my post. Do you know how much of that is AM profit? You don't. Can you make an educated guess? You refuse it because you refuse to face reality.
It is true that I don't know any of that information. But you don't know it either. Before throwing shit why don't you better make an educated guess? I always try to do it and I am not afraid to show it. Please show me your educated guess on AM financials and we will see exactly where you stand behind your words. But I must warn you that I will rub it to your face hard! SHOW US YOUR EDUCATED GUESS ABOUT AM FINANCIALS or forever shut up! |
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I really doubt this is a scam because AM/FC has shown integrity matters more than profit time and time again (200 btc fee returned, prisma refunds, etc) , however the lack of professionalism cannot be ignored. Even if they do somehow make it out of this mess, I hope FC steps down and replaces himself with someone more qualified.
My view over this. There was no other option to the 200 BTC fee except to return them. I can only imagine the investors going crazy if this wasn't returned. As for the prisma refunds the amount doesn't seem too big to me. The batch and the refund weren't that big to really hurt AM. Considering this these 2 points don't really support AM THAT much, but don't get me wrong. These 2 acts of kindness must be appreciated and respected, but not to that extent to bet all the money on it. Why would FC even waste his time with Prisma refunds if he was going to pull a fast one only 2 months later? And why would he halt AMhash sales? I never stated that FC pulled a fast one right now. I only stated what he did and what he didn't and I tried to outline all the bad decisions. Look it this way. He is the CEO of the company. The daddy. Why would a CEO do anything that will damage the company in the public eyes? It's not what's a CEO is supposed to do. How do you think that AM would've looked if they were ignoring all the Prisma issues? I say that very bad. That's why there was no other option for him and for the company than to do the right things for their customers because otherwise imagine the bad publicity on their next gen miners. Note: I am not bad intended towards AM. If you think otherwise it's your problem and don't stick it to me. I'm only eager for a good talk. |
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Can you post pictures with your username and date to prove you have these One of the SP30s that Roadstress sold ended up getting sent to our datacenter by the buyer. I can confirm that they arrived in excellent condition. Thanks. Heard that it was in a top condition so props to Advania. I am SOLD OUT! |
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I really doubt this is a scam because AM/FC has shown integrity matters more than profit time and time again (200 btc fee returned, prisma refunds, etc) , however the lack of professionalism cannot be ignored. Even if they do somehow make it out of this mess, I hope FC steps down and replaces himself with someone more qualified.
My view over this. There was no other option to the 200 BTC fee except to return them. I can only imagine the investors going crazy if this wasn't returned. As for the prisma refunds the amount doesn't seem too big to me. The batch and the refund weren't that big to really hurt AM. Considering this these 2 points don't really support AM THAT much, but don't get me wrong. These 2 acts of kindness must be appreciated and respected, but not to that extent to bet all the money on it. |
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So all the money from AMHash went to AM only? Didn't know that.
The $1M which you like to throw around to blind the fools isn't the actual profit. Since you don't know their profit margin the $1M is irrelevant. Please back up your statement that AM has money to deploy 5PH of miners. My estimate is that their profit margin is really low which will leave the actual profit to less than 400k$ which is clearly not enough to deploy 5PH/s. But yes, I like to spread bullshit that I can back up at least with logic, if not with solid proof. What are you doing? Just defending a defunct company with no logic and while all evidences are against you.
I am pointing out the FACTS, not spreading bullshit. What's AM solo hashrate? Where are all those 60Ph/s worth of chips? They are clearly not mining in AM solo mining operation and they are clearly not sold because otherwise AM would bathe in money which clearly isn't happening.
Out of that 4,255.2 BTC, Rockminer would have took a cut as their commission, the rest would have went to AM. Given that the contract holders pay for the actual maintenance of the farm, it's simply logical to claim that AM have money, because they clearly do. To claim that AM has no money is simply ignoring the facts. You claim AM have no money. That is not a fact, nor is it even logical considering I've just shown you that the income from AMHash sales alone was around 1 million USD. Also, please provide a reference for your "facts". You lack reading comprehension or you are just bad intended. I haven't said that AM doesn't have money at all. I stated that AM doesn't have money to simply build 5PH/s to cover the loss of AMHash. Trying to change the subject just to make me look bad is not working: Producing chips isn't equal to producing miners. Miners cost money to produce. Money which AM doesn't have. I hope it is clear now for you and for everyone else reading this. I'm simply pointing out that what RoadStress is claiming is just blatantly obvious bullshit which contradicts the evidence. What evidence? Show us your evidence? Q4 2014 financial statements? None. Solo mining hashrate? None. Where is your evidence? It is also a fact that AMHash1 sold for 1.25 mBTC and AMHash2 and AMHash3 sold for 1.2 mBTC. Do you know how much of that is AM profit? You don't. Can you make an educated guess? You refuse it because you refuse to face reality. |
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8U at 10kw 16-20TH would be perfect for me as well. I would look to run 1 or 2 of a unit at that size.
I disagree! 8U at 10kW and 50TH/s would be perfect! I'll take 10. Well because of dogie I can't even think of a pre-order GB. But I am patient. |
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8U at 10kw 16-20TH would be perfect for me as well. I would look to run 1 or 2 of a unit at that size.
I disagree! 8U at 10kW and 50TH/s would be perfect! |
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They might have a good chip this time around...this will remain interesting for a while I bet. I wonder if all this will be enough to get the almighty FC to post here?
<image snipped> Lost faith? |
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Producing chips isn't equal to producing miners. Miners cost money to produce. Money which AM doesn't have. In order to replace the 5PH AM needs to spend money on all the other components that are required for miners. Besides miners a building with the required power cabling is required. That also costs money...
AM have money. 3.546 PH @ 0.0012 BTC/Gh (AMHash1 sold for 0.00125 BTC, but I'll just ignore that) = 4,255.2 BTC = ~1 million USD. What makes you think AM has no money? Do you have a source to back that up or are you just trying to spread bullshit as usual? So all the money from AMHash went to AM only? Didn't know that. The $1M which you like to throw around to blind the fools isn't the actual profit. Since you don't know their profit margin the $1M is irrelevant. Please back up your statement that AM has money to deploy 5PH of miners. My estimate is that their profit margin is really low which will leave the actual profit to less than 400k$ which is clearly not enough to deploy 5PH/s. But yes, I like to spread bullshit that I can back up at least with logic, if not with solid proof. What are you doing? Just defending a defunct company with no logic and while all evidences are against you. I am pointing out the FACTS, not spreading bullshit. What's AM solo hashrate? Where are all those 60Ph/s worth of chips? They are clearly not mining in AM solo mining operation and they are clearly not sold because otherwise AM would bathe in money which clearly isn't happening. |
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Nobody cares about demand for free lunch-money micro-transactions at the fucking brink's headquarters.
Micro-transactions aren't the only transactions that will not fit in a 1MB block limit. The Bitcoin wallets getting to big people. And downloading it go to slow, It took me 3 days to download. (I have 200MB up and Down INTERNET connection)
There are wallets that do not require the whole blockchain to be downloaded. Also this issue is only present one time. Afterwards this isn't an issue. Have you used the bootstrap.dat file so you can download torrent-style? |
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So for 0.1BTC/month you keep advertising some defunct companies. Even now when AMHash stated that they stopped dividends you still advertise for them for your lousy 0.1BTC/month. I find that to be pretty low for anyone.
four words.... Chinese fucking new year. I'll remove the signature next week if it is indeed defunct. I see that you removed it faster than expected Dear Friedcat,
Please don't make NLC and RS right.
Do you have any idea how annoying it will be to have lost money AND have to hear them? Believe it or not the debating is more entertaining than rubbing it in your face. How?
Last Active: January 26, 2015, 06:46:31 AM Also by missing the last financial statement. |
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update
The 3.546PH AMHash's hashrates have disappeared since 25th Dec 2014. We found this problem two days later,we asked friedcat,he said it was mining farm's maintenance issues,hashrates would come back soon.But one week later,hashrates didn't come back yet.When we asked FC again, we were told that all mining devices were robbed by the partner of the mining farm.And all hashrates were out of control.
After then, FC told us that hashrates from new mining farms will be deployed, but we didn't know the amount at that time.Right now, we still don't receive any update from those new hashrates.
AMHash Team
So this was hidden just to make more money? Oh my...what a huge mess. Not quite. AMHash hasn't sold any contracts since around Christmas and even if they had that still wouldn't be a problem as AM could probably replace 5 PH/s pretty easily. Where is AM exactly? Where are the 5PH/s and who will pay for them? Why make AM shareholders suffer for AMHash loss? As for this news though, what the fuck is up with Chinese people and their complete lack of the concept of communication? ASICMiner, AMHash, Rockxie and Friedcat deserve to be punished for trying to hide shit like this, especially after people complaining all last year about their utterly pathetic communications and their promises to do better. This should be done last year when FC missed the financial statements and after he promised twice that he will hire a PR guy. 5 Ph/s isn't that much for a manufacturer, for example, AM produced 60 Ph/s of BE200 last May according to FC. They also had trouble selling that hash power so nobody should really be surprised they could replace it. Producing chips isn't equal to producing miners. Miners cost money to produce. Money which AM doesn't have. In order to replace the 5PH AM needs to spend money on all the other components that are required for miners. Besides miners a building with the required power cabling is required. That also costs money... if amash terminates, they could still stick to their ipo terms of rebuying shares at ipo price - %.
Do you really think that they have the money to rebuy shares at ipo price? After they kept hidden the missing 3PH since December? Wake up! |
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