This is a thread about Hashie. Please keep posts on-topic to Hashie, not cloud mining in general.
-Sahra
What miners are Hashie using? |
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There are multiple factors that enable us to offer low rate like cheap electricity etc. as you will find in FAQ. But, to be honest, the current rate is a promotional offer and we will not offer this for long...From that FAQ: 2.How do you offer such a low rate for GHs ?
There are number of factors that enable us to offer low rate...
i. We have very cheap electricity.
ii. Because of our relationship with ASIC manufacturers, we get high end machines before the market does.
iii. Our robust infrastructure is built and tested with time. Is their relationship with ASIC manufacturers better than ASICMiner's relationship with ASICMiner? Are they buying miners cheaper than ASICminer can produce miners? Will they get 0.2 J/Gh miners before ASICminer (samples are due next month)? AM entering this market is going to put a lot of pressure on these companies to remain competitive. How are they meant to do that though if they're up against a manufacturer who supplies them (at a profit obviously) with those miners in the first place? I found that quite amusing.  |
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I don't think it's fair to compare cloud and hardware. I think it would be more of the prisma against SP20. And really amhash is not cloud but a havlock investment.
Of course AMHash is a cloud mining service. Using Havelock doesn't change the fact that you get x Gh/s for y BTC does it? Anyone treating AMHash like an investment instead of the mining contract is a fool given that it's guaranteed to drop in price as network hash rate increases. As for comparing AMHash to other miners, why is that not fair? You're buying hashing power either way, only mining contracts are cheaper and therefore more profitable and that's the real reason why most people buy miners - profit. i suppose what it really boils down to is personal preference.
some people are willing to trust their funds in the hands of others with IPO's and what-not and some just enjoy to mine.
I think you are right, amhash is not a real mining operation - it's a smoke and mirrors way of Am getting suckers to invest (again)
i've been away a while so forgive my ignorance, but... have AM yet paid out their shareholders from their last 'IPO' ?
AM have only had 1 IPO so I don't know what you're talking about. And people who bought AM at IPO and are still holding have made 600% profit from dividends. How is that relevant to this discussion though? It isn't. You're just trying to divert attention because you have no valid response to the fact that SP20's are vastly overpriced compared to the competition. What is relevant is that the mining contracts being advertised in my signature are vastly better value than the miner being advertised in your signature and AMHash offers a far greater chance of making a profit from mining bitcoins. You'd probably make a lot more money if you changed your affiliate link to advertise SP35's or something that isn't insanely overpriced. |
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Thanks for the comparison... I'd also like to add 2 more services in the list...
PBmining.com
Cost: 1.4 mBTC per Gh/s ($5.36 per 10 Gh/s @ 383 $/BTC)
Maintenance fees: $0 per Gh/s per day
Trading fees: None
CloudMining.website
Cost: 1 mBTC per Gh/s ($3.83 per 10 Gh/s @ 383 $/BTC)
Maintenance fees: $0 per Gh/s per day
Trading fees: None
I'm also collecting data about different cloud services. It is good, if someone can offer me the following data about Hashie...
How much Hashie returned last week for bitcoin mining for say 10/100/1000 Ghs hash power ?
That CloudMining.website reeks of a ponzi to me. Cheapest up front cost and no maintenance fees? I wouldn't touch it with a barge pole. At least with PBmining you could say that the maintenance fees were incorporated into the purchase price. |
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the sp20 should do .65 per gh or better. .65 vs .80 is a big difference.
Why are you comparing an under-clocked SP20 with an over-clocked Prisma? Over-clocking generally requires an increase in voltage causing an increase in power. Under-clocking leads to a decrease in power. If you're going to do comparisons then do under-clocked vs under-clocked, standard vs standard, or over-clocked vs over-clocked. Otherwise you're basically just fudging the data. |
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stop with this non sense advertise mabsark .
A hero member doing spam what a shame.
You clearly don't even know what spam is, but then, most kids don't these days. Your signature ad is closer to spam than anything I wrote as it has no relation whatsoever to mining, making it irrelevant to the subject and unsolicited. My post is spam in the same way that disagreeing with someone online is trolling. What I posted is directly relevant to the topic that was being discussed showing exactly how Hashie's fees compare to the competition. If people involved with Hashie don't like that then Hashie need to provide a more competitive offering. It's as simple as that. Why are you complaining about me highlighting competition that would provide you with a more profitable service? |
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i get free electric.  feel free to stick your 'maintenance cost' - somewhere in China. If you have free electricity then you'd have to be an idiot to buy one of the most expensive miners per Gh current available. Also, the vast majority of people don't have free electricity. 'you'd have to be an idiot' to fail to comprehend what having free electricity means. it means that even the most expensive of mining equipment will mine continually right up until 21million bitcoins and your 'AMHASH' pish will be worthless in 6 months - nevermind the already worthless AM shares that the company have offloaded to the suckers who bought them. You are the one who fails to comprehend what it means. That's why you are buying the most expensive equipment. Meanwhile, back in reality where the vast majority of people actually have to pay for their electricity...an SP20 would need to be priced at around $460 or less and electricity costs would need to be around 0.096 $/kWh or less to simply match AMHash's profitability. They are just baiting you so they can indirectly promote their own product by quoting it in a reply.
Because competition and choice are such terrible things? Can't have people promoting alternatives now can we? Especially when those alternatives are actually far superior. |
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i get free electric. feel free to stick your 'maintenance cost' - somewhere in China. If you have free electricity then you'd have to be an idiot to buy one of the most expensive miners per Gh current available. Also, the vast majority of people don't have free electricity. |
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AMHash
Hash rate: 1700 Gh/s
Total cost: 2.04 ($781.32 @ 383 $/BTC)
Maintenance fee: $2.771 per day (0.00723499 BTC per day @ 383 $/BTC)
SP20
Cost: $785
Delivery to UK: $115
1300W PSU: $200
Total: $1100
Hash rate: 1700 Gh/s
Power efficiency: 0.7 J/Gh
Cost per Gh: 0.64 $/Gh
AM's maintenance fee of $2.771 per day would be equivalent to running an SP20 with electricity costs of 0.096 $/kWh. I pay about 15p/kWh here in the UK which works out to about 0.24 $/kWh. That's what hosting is for though! Using Toomin Brothers hosting:
1 month: $118.8 per month = $3.91 per day (equivalent to an SP20 @ 0.136 $/Gh)
3 months: $111.6 per month = $3.68 per day
6 months: $103.2 per month = $3.40 per day
12 months: $96 per month = $3.16 per day (equivalent to an SP20 @ 0.110 $/Gh)
So, an SP20 is quite clearly overpriced compared to the available competition. To claim otherwise is totally delusional.
As the above maths show, an SP20 would need to be priced at around $460 or less and electricity costs would need to be around 0.096 $/kWh or less to simply match AMHash's profitability.
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Now I have bought 1024 Gh/s  Let's see if it was a good decision or a massive money loss.. I think, you are looser. I admit, I am looser too, but I risk only 20 Gh/s, which I re-sold two times at $14 on that crappy market. They have crazy sell fee's.. A fee of $1.10 + 9% is charged to the seller when the miner is sold. They should do something about that.. at least 0.2% - 1% at least.. Yes, indeed. These fees are f....n ridiculous. Compare Hashie with AMHash: Hashie Cost: $4.51 per 10 GH/s Maintenance fees: $0.002 per Gh/s per day Trading fees: $1.10 + 9% when selling AMHash Cost: 1.2 mBTC per Gh/s ($4.596 per 10 Gh/s @ 383 $/BTC) Maintenance fees: $0.00163 per Gh/s per day Trading fees: 0.4% when selling |
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These things are WAY over priced. $1100 $795. 3 S3s will give you similar hash rate and just slightly less efficient W/Ghs wise at just above half the price. Its a no brainer. And of course there is also the C1 which isn't as efficient but the price is right.
^FTFY. if you think $795 for 1.7TH/s is 'WAY overpriced' you should really find another hobby  the equation is this; Your belief in Bitcoin vs price of hardware vs your electricity costs. nowhere in this equation is the efficacy of the miner, as you fail to mention the efficacy of the miner in your own statement. you're welcome.  Show us the maths comparing it to AMHash then. Include the required delivery costs and the cost of a PSU as well. |
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A Prisma cost 1.47 BTC or $579, an SP20 cost over $900 with shipping. The SP20 is $258 away from being the same cost of 2x 1.4T Prismas.
My sp20 cost 197 usd more then my asic miner prisma. I over paid for the prisma as I used paypal. I like the prisma but I don't think I can run it when I am out of my home. I have a sick relative and spend 2 days at a time with him in NY about 80 miles from my NJ house. I tried to downclock the prisma to use low power when it is unattended and I have found that no matter how low I clock it. It uses 1000 watts. So at freq 210 it hashs at 1000 gh and uses 1000 watts or 1 watt per gh not good. So I bumped it back up to freq 240 I get 1400gh and 1245 watts. or about .889 watts per gh I can tell I do not want to run it if I am not home for 2 days or so. This is going to be the case for the next 3 months. If it would scale down and use 890 or 880 watts when down clocked to freq 210 hashing at 1000gh I would keep it. The sp20 should be safer to leave unattended. The sp20 should be able to downclock and not use more power per gh. If I leave it unattended and it scales down at 1000gh I am looking at 640 watts. vs 1000 for the asic miner Since my price difference is 197 usd. I think I can make up the price in the long run. If you expecting an SP20 to be any quieter then you are going to be seriously disappointed. Try reading what people have said about the noise out of them. Also, if you're worried about your house burning down while you are not there then I have to ask, did you not see all the pictures in this thread of the mining farm that burned down? |
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well, the real problem for me is; we hear about things like Datatank and that it was completely sold to private buyers months after the fact and the coresponding fact that dividends vanished around the same time. So then, to me, it looks like this; FC sells Datatank to his buddies, puts entire AM operations into immersion cooled mining, send all future profits to buddies, AM shareholders get nothing. Same logic applies to Amhash. Unless the structuring of these side-businesses and thier financial relation to AM, and the complete financials of AM is made public I can only assume we are all being sold down the river.
Come on FC, allay our fears!
With that type of logic, I can only assume you are totally ignorant. Seriously man, DataTank never belonged to AM so how could AM sell it? And how the hell does that same logic apply to AMHash? AMHash is simply a service offered by AM. From AM shareholders perspective, selling AMHash is pretty much the same as selling miners without the need to pay for delivery costs. |
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Prismas are 1BTC/TH but without PSU and without shipping (and mostly import tax too). Add those and you easily can pay more than 1.3BTC/TH.
It would old end up costing me almost 2 BTC to get mining with a Prisma once you add in all the costs. |
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I've been able to withdraw a large amount from GAW very promptly. They're not a scam per se, but anyone who buys in now will lose money on GAW. Their sales probably dropped off, their devs having no clue how to even keep a forum running -- while their platform has payouts/financial issues daily.
Bought into Hashie as well.
Do you guys not do any research? Hashie costs 1$/Gh, AMHash costs 0.456 $/Gh. Uh no. Hashie is $4.51 for 10gh/s which equal out to $0.451 GH/s. It says it right there on their front page. Maybe you should learn how to research. Says $9.99 / 10 Gh/s for me. That's what happens when you rely on javascript to provide essential info to prospective customers. Besides, do you honestly think companies like Hashie can really offer competitive pricing compared to the people they are buying their miners off? That's a massive warning sign right there. |
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Hashlet is no longer worth it. There are far better, cheaper and maintenance free cloud mining.
Nobody can offer maintenance free cloud mining permanently. That's a clear sign of a ponzi. Do you think a proper company is going to pay those costs for you? |
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lol. So your maintenance fees were off by a factor 86400x. It happens, no worries, you can sell your shares back in to a rich bidbook on havelock. If you have more than ~2 BTC worth of shares, you'll still get over 50% of what you paid a few days ago. Great investment Don't be feeling too smug with yourself - I don't own any AMHash shares. |
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From havelock: "maintenance fee is $0.00163 per GH per day or $0.0489 per GH per month)"
That explains the difference then. I missed the "per second" part of the 1.89*10^-8. |
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What's with that maintenance cost? |
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