Then how would they make any profit? Do you think they're buying hardware from manufacturers and selling it to you at cost? Do you think they have free data centres and get free electricity?

Stop being so naive.

Has this ponzi finally stopped pretending to offer a cloud mining service? Is that why it's now in the gambling games section?

Little girl, you need to pay more attention in your English class. Puppet is offering you the bet you claim to want and you keep refusing the bet.

What evidence of mining have you got? The easiest way to silence accusations of being a ponzi is to show that you're not and include that evidence in your initial post.

That site a just a list of cloud miners (most of which will probably be ponzis) with the sites referral id in the links to the websites. Essentially, that site is just trying to cash in on referrals.

Exactly! The thing you don't seem to grasp though is that you are the clueless wanker.

Their reputation will just get worse and worse and potential customers will purchase from the competition that have proven themselves.

Some cloud mining services don't have maintenance fees because they haven't got any miners to maintain. They're called ponzis. Some services include that maintenance fee in the initial cost and some have a separate maintenance fee. All legitimate services have a maintenance fee though in one form or another.

It's not up to us to prove they're a ponzi, it's up to them to prove they're legit. If they were legit, they could quite easily prove that and end these allegations of being a ponzi but they choose not to do so. Why? Because they're a ponzi.

If you want to throw your money at some dodgy company instead of a company that's proven it has hashing power, or even more sensibly, a company that is also an ASIC manufacturer, then that just makes you a fool and anyone who listens to you is an even bigger fool.

Don't you think it strange that the only people supporting these ponzis are new users, whereas most the established users here are claiming they're ponzis?

Says the new member with a pile of ponzis in his sig.  

Like I said, ponzi-pusher, that warning applies to the securities forum, not to any specific security and the full message is:

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

There have previously been verified ponzis that advertised in the services sub-forum. Does that mean all services advertised here are ponzis? Of course not. If the moderator put up a message warning people that there have been ponzis in this subforum, would you then agree that all the services in your sig which have promoted their service here are ponzis?

AMHash does not carry a warning from BCT at all. The BCT "Securities" sub-forum is what carries the warning.

BCT thinks BCT is a ponzi!


After saying that though, Hashie then started selling AMHash which was confirmed by AMHash. So, they have an ASIC manufacturer confirming that they have hashing power. What ASIC manufacturer has confirmed PB have any hashing power?

Yeah, but it's not being sold on Havelock, which is what we're paying Rockminer to do. Also, the link to Havelock in the official thread leads to AMHash1 so anyone following that link to purchase AMHash is going to be buying from existing customers and not us. That was true when AMHash2 was briefly available too. How many sales did that cost us?

Rockminer have made no effort whatsoever to actually sell AMHash, beginning with their announcement of the service in the "securities" section on this forum - the worst possible place to pitch cloud mining. Do you see any of the other cloud mining companies advertising here? No, because they're not idiots. They may be ponzis but they're still selling contracts because they promote their services in the right place.

We're currently paying Rockminer to allow Havelock to make a profit from the trading of AMHash shares. How does this make any sense from an AM shareholder's perspective?


It's a shame you force people to login to gain basic information. I'd redirect my sig link to your page if that wasn't the case. That way Hashie and AM would both profit instead of Havelock.

We have details of how AMHash is structured:


Now, given that the Prisma brand is completely toxic due to the total lack of support and the number of complaints about units busting into flames, you'd have to pretty mad to purchase a Prisma. That leaves AMHash as the most realistic option to make a profit but it's deliberately not being sold at the moment.

People say the exact same thing about buying miners and have been saying it since GPU mining. Cloud miners have lower up front costs involved due to not needing to ship all around the world and they generally have cheap electricity decreasing running costs. In that scenario, if cloud mining is unprofitable, then buying miners is even less profitable for the majority of people.

I wouldn't worry about that. AMHash seems to be as incompetent at sales as AM is at support.

Not everyone gets free electricity though.

Does that actually make sense in your head? 0.24 $/kWh is my electricity cost, not AM's. What I compared was how much it would cost me to run an SP20, compared to the maintenance fees for AMHash. Despite your protestations to the contrary, that is an apple to apples comparison.

My math isn't wrong. I actually pay 0.24 $/kWh (to 2 s.f.) for my electricity.

You're absolutely right about the support being dreadful and that's the reason why I stopped advertising Prismas and starting advertising AMHash. Unfortunately though, the sales team for AMHash are every bit as incompetent as AM's support team. There are still no AMHash shares available for sale on Havelock and there haven't been for the past week so it's impossible for people to purchase hashing power from AM.

I've been promoting AMHash for the past few weeks and Rockminer have pretty much ensured that Havelock and Rockminer are the only companies that profit from it.

If this is pissing you guys off as much as it is me, I suggest you let FC and AMHash or Rockxie know about it. Maybe the known board members too.

Like I said, if I was running an SP20 from home it would cost me $0.0039 per Gh/s per day. AMHash's maintenance fee is 42% lower than that and the up front cost per Gh/s is lower too. Sure, you may be able to underclock the SP20 to consume 747 W, giving a hash rate of 1353 Gh/s but then you've increased the cost per Gh/s to 125% for 81.5% of the power consumption. Even with such an underclock I'd still be paying $0.00318 per Gh/s per day, almost twice AMHash's maintenance fee.