KojiCar
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May 28, 2018, 05:15:24 PM |
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From the fundamental analysis, the Vesting period of Founding team and partners should not be less than 2 years. If you are vesting 25% of total tokens supply just for one year then you are probably not confident enough in your future. There are plenty coins/tokens that couldn't provide enough liquidity in one year of development, that being said you can heavily crash the market of your own coin after just 1 year. Sad but true. Does this mean, or do you suggest, that the time period for lock those tokens should be prolonged for 2 years? |
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Bacara
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May 28, 2018, 05:56:21 PM |
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You mentioned that a single SAM cube can mine about 115 ETH and 19 BTC per year, how did you came to this numbers?
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Mr.DataReplicata
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May 28, 2018, 06:29:45 PM |
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Thank you for sharing it here with us, great to see that marketing is up to speed and promoting the project  |
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Trollita
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May 28, 2018, 06:30:10 PM |
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You mentioned that a single SAM cube can mine about 115 ETH and 19 BTC per year, how did you came to this numbers?
I guess they calculated based on the current difficulty,and the hashrate of the SAM cube. |
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CaptainGus
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Activity: 20
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May 28, 2018, 06:32:45 PM |
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I love the project, but from what I can get from the WP, the tokens are just for a "one off" purchase of hash power from them... The SAM token doesn't represent a stake in the future of the company or its sucess and that is what I don't like, for something as promising as this I wold like to be part of their success. :-( The other usual option, hold the token and wait until the price goes up, doesn't work here either... What is the point buying expensive hash power if the token does 2x or 3x up??? I would love to be able to have more "permanent stack" in this project ... Cheers MC  Isnt that classic approach,that you dont own stake when you join ICO? When it comes to ICO you don't own a share of the company or the project , you own a token and that is it.This is how it works with all ICO's and this is not exception, it's normal. |
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JeffTheMan
Jr. Member
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Activity: 247
Merit: 2
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May 28, 2018, 06:35:58 PM |
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From the fundamental analysis, the Vesting period of Founding team and partners should not be less than 2 years. If you are vesting 25% of total tokens supply just for one year then you are probably not confident enough in your future. There are plenty coins/tokens that couldn't provide enough liquidity in one year of development, that being said you can heavily crash the market of your own coin after just 1 year. Sad but true. Does this mean, or do you suggest, that the time period for lock those tokens should be prolonged for 2 years? Not necessarily, lots of project lock the tokens for even less periods of time and they have proven to be successful.It's a matter of perception. |
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swissalpsmining
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May 28, 2018, 06:47:49 PM |
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I love the project, but from what I can get from the WP, the tokens are just for a "one off" purchase of hash power from them... The SAM token doesn't represent a stake in the future of the company or its sucess and that is what I don't like, for something as promising as this I wold like to be part of their success. :-( The other usual option, hold the token and wait until the price goes up, doesn't work here either... What is the point buying expensive hash power if the token does 2x or 3x up??? I would love to be able to have more "permanent stack" in this project ... Cheers MC expensive hash power? 14 TH for USD 4000 (2years)including electricity is expensiv? according to our experience we have to replace hardware after 2 years so i think its a fair deal! pls note that you can also buy the hardware and pay the electricity with sam tokens. |
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GREATKINGRAT
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Activity: 230
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May 28, 2018, 09:04:24 PM |
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I love the project, but from what I can get from the WP, the tokens are just for a "one off" purchase of hash power from them... The SAM token doesn't represent a stake in the future of the company or its sucess and that is what I don't like, for something as promising as this I wold like to be part of their success. :-( The other usual option, hold the token and wait until the price goes up, doesn't work here either... What is the point buying expensive hash power if the token does 2x or 3x up??? I would love to be able to have more "permanent stack" in this project ... Cheers MC Isnt that classic approach,that you dont own stake when you join ICO? When it comes to ICO you don't own a share of the company or the project , you own a token and that is it.This is how it works with all ICO's and this is not exception, it's normal. So it is one of the key differences between share in stock companies and ICO.... |
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maxocoin
Member
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Activity: 102
Merit: 11
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May 28, 2018, 09:04:54 PM |
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I love the project, but from what I can get from the WP, the tokens are just for a "one off" purchase of hash power from them... The SAM token doesn't represent a stake in the future of the company or its sucess and that is what I don't like, for something as promising as this I wold like to be part of their success. :-( The other usual option, hold the token and wait until the price goes up, doesn't work here either... What is the point buying expensive hash power if the token does 2x or 3x up??? I would love to be able to have more "permanent stack" in this project ... Cheers MC Isnt that classic approach,that you dont own stake when you join ICO? When it comes to ICO you don't own a share of the company or the project , you own a token and that is it.This is how it works with all ICO's and this is not exception, it's normal. Yes, you are right... you never own an actual share... But usually the token you own, has some mechanism for grant you some returns, depending on how good the project is doing and owing a token, you usually can even get rewarded on the long term in some way backed into the "token economics" But this is not the case, you only get the right to buy them some mining power... isn't it??? It is not even possible to just HOLD and hope for a price increase... Mainly because after a price increase of 20-30%, it will start to be more profitable to mine in another project and the token will loose its purpose... As I said, I see that this company has a BRIGHT FUTURE, but I don't see a way to benefit from that long term... A real pity Cheers MC |
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maxocoin
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Activity: 102
Merit: 11
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May 28, 2018, 09:10:37 PM |
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I love the project, but from what I can get from the WP, the tokens are just for a "one off" purchase of hash power from them... The SAM token doesn't represent a stake in the future of the company or its sucess and that is what I don't like, for something as promising as this I wold like to be part of their success. :-( The other usual option, hold the token and wait until the price goes up, doesn't work here either... What is the point buying expensive hash power if the token does 2x or 3x up??? I would love to be able to have more "permanent stack" in this project ... Cheers MC expensive hash power? 14 TH for USD 4000 (2years)including electricity is expensiv? according to our experience we have to replace hardware after 2 years so i think its a fair deal! pls note that you can also buy the hardware and pay the electricity with sam tokens. I didn't say that the hash power was expensive... What I meant was that you can't hope for a token increase, because if the token doubles in price and those 4000 become 8000$ then is will be expensive... Cheers MC |
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MaZeeCM
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Activity: 238
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May 29, 2018, 06:21:14 AM |
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You mentioned that a single SAM cube can mine about 115 ETH and 19 BTC per year, how did you came to this numbers?
The first SAM Cubes have been equipped with mining rigs for the mining of ETH and Bitcoin. The SAM Cubes can be equipped with Asic or GPU miners, whereby a mixed model was chosen for SAM Unit 1. In the already functioning Unit 1 (4x2x2), 50 Asic miners are operated with a total capacity of 700 TH/s and several GPU rigs with a total capacity of 4000 MH/s. At this performance, currently about 115 ETH and 19 bitcoin are minted per year. |
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Kryptoking21
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Activity: 158
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May 29, 2018, 07:47:18 AM |
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I love the project, but from what I can get from the WP, the tokens are just for a "one off" purchase of hash power from them... The SAM token doesn't represent a stake in the future of the company or its sucess and that is what I don't like, for something as promising as this I wold like to be part of their success. :-( The other usual option, hold the token and wait until the price goes up, doesn't work here either... What is the point buying expensive hash power if the token does 2x or 3x up??? I would love to be able to have more "permanent stack" in this project ... Cheers MC expensive hash power? 14 TH for USD 4000 (2years)including electricity is expensiv? according to our experience we have to replace hardware after 2 years so i think its a fair deal! pls note that you can also buy the hardware and pay the electricity with sam tokens. I didn't say that the hash power was expensive... What I meant was that you can't hope for a token increase, because if the token doubles in price and those 4000 become 8000$ then is will be expensive... Cheers MC But if price of token increase,then you will need less of them to pay for mining.Thats how it works. |
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Goldigger456
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Activity: 163
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May 29, 2018, 08:52:16 AM |
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You mentioned that a single SAM cube can mine about 115 ETH and 19 BTC per year, how did you came to this numbers?
The first SAM Cubes have been equipped with mining rigs for the mining of ETH and Bitcoin. The SAM Cubes can be equipped with Asic or GPU miners, whereby a mixed model was chosen for SAM Unit 1. In the already functioning Unit 1 (4x2x2), 50 Asic miners are operated with a total capacity of 700 TH/s and several GPU rigs with a total capacity of 4000 MH/s. At this performance, currently about 115 ETH and 19 bitcoin are minted per year. these are great numbers!Whats the expected hashrate till end of the year? |
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JeffTheMan
Jr. Member
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Activity: 247
Merit: 2
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May 29, 2018, 11:16:26 AM |
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I love the project, but from what I can get from the WP, the tokens are just for a "one off" purchase of hash power from them... The SAM token doesn't represent a stake in the future of the company or its sucess and that is what I don't like, for something as promising as this I wold like to be part of their success. :-( The other usual option, hold the token and wait until the price goes up, doesn't work here either... What is the point buying expensive hash power if the token does 2x or 3x up??? I would love to be able to have more "permanent stack" in this project ... Cheers MC expensive hash power? 14 TH for USD 4000 (2years)including electricity is expensiv? according to our experience we have to replace hardware after 2 years so i think its a fair deal! pls note that you can also buy the hardware and pay the electricity with sam tokens. I didn't say that the hash power was expensive... What I meant was that you can't hope for a token increase, because if the token doubles in price and those 4000 become 8000$ then is will be expensive... Cheers MC But if price of token increase,then you will need less of them to pay for mining.Thats how it works. Exactly.As price of SAM rises you will need less SAM to rent or buy SAM Cube and that ensures that you keep making money using SAM cube and owning SAM token.There are incentives and they are clear.I think that you would like to be able to stake the SAM, but I think it's not necessary at all.You can also pay electricity with it and you can mine whichever currency you like with SAM cube. |
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strongke
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May 29, 2018, 11:26:44 AM |
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Project with a very interesting concept developed by the SAM project, and seen from the advisory team is quite compact in this project
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Lightmotiv
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Activity: 222
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May 29, 2018, 11:46:40 AM |
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Just stumbled upon this project and I like the abitlity to buy SAM Cubes and make money that way as they seem like a great piece of mining gear I saw that something called SamaiX was mention, does anyone know anything about it? |
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bimboy1
Jr. Member
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Activity: 133
Merit: 5
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May 29, 2018, 12:15:06 PM |
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an environmentally friendly mining project I think will be much in the same hurry as investors who are interested in SAM projects
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swissalpsmining
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May 29, 2018, 12:16:25 PM |
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I love the project, but from what I can get from the WP, the tokens are just for a "one off" purchase of hash power from them... The SAM token doesn't represent a stake in the future of the company or its sucess and that is what I don't like, for something as promising as this I wold like to be part of their success. :-( The other usual option, hold the token and wait until the price goes up, doesn't work here either... What is the point buying expensive hash power if the token does 2x or 3x up??? I would love to be able to have more "permanent stack" in this project ... Cheers MC expensive hash power? 14 TH for USD 4000 (2years)including electricity is expensiv? according to our experience we have to replace hardware after 2 years so i think its a fair deal! pls note that you can also buy the hardware and pay the electricity with sam tokens. I didn't say that the hash power was expensive... What I meant was that you can't hope for a token increase, because if the token doubles in price and those 4000 become 8000$ then is will be expensive... Cheers MC You can trade the tokens or use them anytime, so if the price increase you can rent 28 Th for your 4000 USD invest. SAM will provide different services not only mining. |
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r51524r8
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Activity: 14
Merit: 0
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May 29, 2018, 12:18:22 PM |
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Project with a very interesting concept developed by the SAM project, and seen from the advisory team is quite compact in this project
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Kutuzov44
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Activity: 131
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May 29, 2018, 04:03:10 PM |
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Who do you consider to be your main competitor on the market?I know that there are plenty of mining projects around.
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