I hadnt seen those. I dug some deeper and found enough evidence to suggest they do indeed run a serious mining operation. Ive upgraded their rating to "possibly legit" as there still too many red flags IMO.

I dont see whats there to update. So you are now reselling amhash, which is already rated. Your own so called hashrate remains as unproven and dubious as before (there is more than a sliver of irony in the fact you tout AMhash's provable hashrate). So all the red flags still apply.

To be honest, Im at a loss why anyone would buy amhash through you.

 the fee remains constant.

If miners "win", ie, profit, then difficulty will continue to rise exponentially until they no longer win.

Really? Then please predict me the next difficulty change and the difficulty in 6 months.

..in the hardware threads. I dont even think its been mentioned here. You'd rather have investors not know I guess.

you know, like today.

If AM boards are spontaneously combusting, in your mind that is irrelevant to the company selling them? Its not like this is the first such report.

Its a different photo of the same dam. What are you suggesting?
BTW, its here : https://www.google.co.uk/maps/@65.806703,21.6727564,474m/data=!3m1!1e3

In Boden, probably a stone throw away from KnC's datacenter.

Claims of 0.1W/GH at the wall are being made by Bitfury and Spondoolies for their next gen 28nm chips next year. Saying one couldnt do as good, let alone better with 16nm FF+ is ridiculous. Whether or not KNC can and actually will do it remains to be seen of course, but the claim by itself seems perfectly plausible.

Likewise, TSMC 16nm FF+ already is in risk production:

Taiwan Semiconductor Manufacturing Co. (TSMC) has reached a new milestone. On Wednesday, the company announced that it has entered risk production for its 16nm FinFET Plus (16FF+) process.

It is yet another sign that the world's largest chip foundry is ahead of schedule with its first 3D chips that will be at the core of a new generation of smaller, more powerful mobile devices, according to analysts who cover the company.
[...]
TSMC is conducting small-volume shipments of 16FF+ this quarter, according to Peng.

http://www.eetasia.com/ART_8800706581_480200_NT_b0b285ad.HTM

As do I, but its not inconsistent with TSMC claims.

That will change once the ponzi's collapse. Lets see how popular pbmining is when it gets 404'd


This thread makes no attempt to judge profitability, and Id like to keep it out of it.
All thats being open to discussion here is if a company really offers what it claims to offer.
AMhash certainly does a better job proving that.

Thats nonsense. While apple may gobble up the majority of the high volume production once its available, I assure you the first 16nm wafers will not be high volume Apple products. They will be high risk, low volume, simple designs. In fact for many reasons, bitcoin asics are pretty much an ideal design to help ramp production.

You'd have to define the term "gambling" to me first. Wikipedia defines it as:

 "Gambling is the wagering of money or something of material value (referred to as "the stakes") on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods. Gambling thus requires three elements be present: consideration, chance and prize"

By that definition, Id have to say it is indeed gambling. Your investment constitutes consideration, future difficulty is uncertain and for most people the intent is to profit. At the same time,  I have trouble seeing how any form of investment wouldnt constitute a gamble using the same definition.

You gave them a glowing review of a freebee POS miner that didnt even come close to meeting its published specs (and broke down 2 months later IIRC?) All the while paying customers received diddly squat and no one with a brain would believe the specs and timelines they published. But they were the real deal according to biomech.


As did AMT. I quote "They've done well by me".


Which applies to any ponzi, right until when it collapses.


You cant be that naive.  Have you even tried doing the math?


Or maybe you are  


So how is that good enough ? Would you endorse or preorder hardware from a company that offers no direct proof of anything ?  Indeed you have ZERO proof of their identity. You have ZERO proof they are even mining at all. No pictures. No asic vendor endorsement. No mining address. Your payouts dont come from mining, they come from coin mixers. This has all the credibility of the Nigerian prince that emailed you yesterday. Why dont you put that in your sig? Let me guess, they dont offer referral rewards?

Volume of Bitcoin asic wafers is typically counted in low double digits.
"volume production" by TSMC standards means on the order of 6 digit wafer starts per week.

Not that Ill believe it before seeing it either.

Many, if not most mining bond IPO's did well shortly after the IPO. Anyone who invested early in cryptx, gigavps and cex.io, and sold shortly after, did well. OFten times earning multiples of their investment. Anyone who didnt and went "all the way", lost the bulk of their investment.
Just sayin.

Because they are were selling about as much as, say, BFL currently?

IM gonna win this. Im bidding 25K BTC

I havent seen anything remotely resembling the claimed hashrates. Its not something I give much weight to if there are other ways to verify their hashrate, but with GAW, afaik, its pretty much all there is. And its made worse by how aggressively they sell/promote through affiliate links.