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Author Topic: AMHash1: Cost-Effective Mining Contract  (Read 304039 times)
jawitech
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February 02, 2015, 05:51:35 PM
 #1861

There is no way Hashie has 40,000 customers.  I would be surprised if they had more than 500.

AMHash mentioned around 1,000.
jawitech
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February 02, 2015, 05:53:13 PM
 #1862

The minimum purchase order at AMHash was 20 Th/s. The last dividend was for 519 Satoshis/Gh. Multiply that by 20000 and you get 0.1038 BTC which is double the 0.05 BTC minimum. Basically, you should only have a problem if you bought from Hashie and you have every right to complain if that's the case.

AMHash,
Either transfer those contracts to Havelock or reduce the minimum payout to a value that actually makes sense for your customers with the least hash power on your site. Someone with 1 Gh/s would never make enough to withdraw which essentially means you have ripped them off. AM does not need another tarnished brand, especially at this point in time, so sort it out.

Nothing more to say, good reply. People who bought just a few GH/s from Hashie probably don't want to wait months to be able to withdraw (due to low dividends).
thevictimofuktyranny
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February 02, 2015, 06:55:43 PM
 #1863

There is no way Hashie has 40,000 customers.  I would be surprised if they had more than 500.

AMHash mentioned around 1,000.

Hashie has been reported:

http://cryptomining-blog.com/4108-the-hashie-cloud-mining-service-is-now-back-online/

Yes, that is 40,000 customers Shocked

OK, half of them were not on Gen 3 Amhash, but that still leaves 20,000 customers Tongue

When Hashie got hacked and had to go bust due to theft of BTC, most of it's Gen 3 customers transferred to AMhash Roll Eyes

And, a minority transferred to Havelock

Doing manual checks on up to 20,000 customers withdrawals each day is ridiculous for mBTC amounts Wink  
jawitech
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February 02, 2015, 07:19:35 PM
 #1864

There is no way Hashie has 40,000 customers.  I would be surprised if they had more than 500.

AMHash mentioned around 1,000.

Hashie has been reported:

http://cryptomining-blog.com/4108-the-hashie-cloud-mining-service-is-now-back-online/

Yes, that is 40,000 customers Shocked

OK, half of them were not on Gen 3 Amhash, but that still leaves 20,000 customers Tongue

When Hashie got hacked and had to go bust due to theft of BTC, most of it's Gen 3 customers transferred to AMhash Roll Eyes

And, a minority transferred to Havelock

Doing manual checks on up to 20,000 customers withdrawals each day is ridiculous for mBTC amounts Wink  

It says they claimed to have > 40,000 customers. According to AMHash statement, they had to transfer shares from around 1,000 customers.
I guess that user counter was nothing more than the "ETA = Today + 1" on the LTCGear website to give the impression they are soooo attractive for customers.
thevictimofuktyranny
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February 02, 2015, 09:09:00 PM
 #1865

There is no way Hashie has 40,000 customers.  I would be surprised if they had more than 500.

AMHash mentioned around 1,000.

Hashie has been reported:

http://cryptomining-blog.com/4108-the-hashie-cloud-mining-service-is-now-back-online/

Yes, that is 40,000 customers Shocked

OK, half of them were not on Gen 3 Amhash, but that still leaves 20,000 customers Tongue

When Hashie got hacked and had to go bust due to theft of BTC, most of it's Gen 3 customers transferred to AMhash Roll Eyes

And, a minority transferred to Havelock

Doing manual checks on up to 20,000 customers withdrawals each day is ridiculous for mBTC amounts Wink  

It says they claimed to have > 40,000 customers. According to AMHash statement, they had to transfer shares from around 1,000 customers.
I guess that user counter was nothing more than the "ETA = Today + 1" on the LTCGear website to give the impression they are soooo attractive for customers.

Fair enough Grin

But, 1-2 staff doing 1000 extra (from Hashie) manual withdrawals each is still a ridiculous waste of labour when payouts are in mBTC Tongue

Better this, than AMhash putting up the maintenance fee to hire extra employees to do those mBTC payouts Wink Cheesy
jawitech
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February 02, 2015, 09:34:29 PM
 #1866

Better this, than AMhash putting up the maintenance fee to hire extra employees to do those mBTC payouts Wink Cheesy

Or much better: AMHash buys those shares back to IPO price and keep the low dividends  Tongue
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February 03, 2015, 01:51:20 AM
 #1867

that or just let them buy off havelock there is no min withdraw but an .001 fee if they can afford 20 gh/s at hashie they can do it again on havelock, problem solved.

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galdur
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February 03, 2015, 07:42:21 AM
 #1868

Speaking of Havelock. Any word on when the website will be accessible ? Sure hope they haven´t caught anything suddenly terminal.

Dexter770221
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February 03, 2015, 11:29:59 AM
 #1869

Speaking of Havelock. Any word on when the website will be accessible ? Sure hope they haven´t caught anything suddenly terminal.

I wonder what is the reason of this "small break". It happens to often...

Under development Modular UPGRADEABLE Miner (MUM). Looking for investors.
Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
galdur
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February 03, 2015, 11:41:30 AM
 #1870

Speaking of Havelock. Any word on when the website will be accessible ? Sure hope they haven´t caught anything suddenly terminal.

I wonder what is the reason of this "small break". It happens to often...

No idea but it makes me uneasy. But it´s back now in any event.

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February 03, 2015, 12:19:22 PM
 #1871

Havelock has always been like that. You get used to it.
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February 03, 2015, 12:24:04 PM
Last edit: February 03, 2015, 12:42:07 PM by galdur
 #1872

Havelock has always been like that. You get used to it.

Well, it´s not like I have any reason to suspect them specifically of any chicanery. It´s more to do with the general uncertainty of this wild west BTC marketplace.

BTW, another one bites the dust. Minigpit (MINPIT), a small cloud mining operator selling there at cryptostocks, has given up on mining due to the depressed BTC price and now says is going to buy back the shares (AKA contracts, units elsewhere). At which price is still unclear. If at par I´ll be good since I purchased 100 shares last fall which are now 156 in number through re-investment of dividends.

ajw7989
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February 03, 2015, 01:13:37 PM
 #1873

Havelock has always been like that. You get used to it.

Well, it´s not like I have any reason to suspect them specifically of any chicanery. It´s more to do with the general uncertainty of this wild west BTC marketplace.

BTW, another one bites the dust. Minigpit (MINPIT), a small cloud mining operator selling there at cryptostocks, has given up on mining due to the depressed BTC price and now says is going to buy back the shares (AKA contracts, units elsewhere). At which price is still unclear. If at par I´ll be good since I purchased 100 shares last fall which are now 156 in number through re-investment of dividends.

Cryptostocks itself seems dead. The daily volume is pitiful. I pulled all my profits and bitcoin out of there a long time ago. All the stocks currently on there are either shady or have very small ROI opportunity
galdur
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February 03, 2015, 01:40:36 PM
 #1874

Havelock has always been like that. You get used to it.

Well, it´s not like I have any reason to suspect them specifically of any chicanery. It´s more to do with the general uncertainty of this wild west BTC marketplace.

BTW, another one bites the dust. Minigpit (MINPIT), a small cloud mining operator selling there at cryptostocks, has given up on mining due to the depressed BTC price and now says is going to buy back the shares (AKA contracts, units elsewhere). At which price is still unclear. If at par I´ll be good since I purchased 100 shares last fall which are now 156 in number through re-investment of dividends.

Cryptostocks itself seems dead. The daily volume is pitiful. I pulled all my profits and bitcoin out of there a long time ago. All the stocks currently on there are either shady or have very small ROI opportunity

Yeah, MINPIT was the only thing I found even remotely worthwhile there. 

notpanda8
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February 03, 2015, 09:05:41 PM
 #1875

Hey the other i was looking through my dividends and i find one day missing

PAY TIME                   DIVIDENDS DATE         DIVIDENDS AMOUNT

2015-02-02 23:59:03   20150202                  0.00519 mBTC/GHS   

2015-02-01 23:59:03   20150201                  0.00517 mBTC/GHS       day 01  pay the day 01
   
2015-01-31 23:59:02   20150130                  0.00551 mBTC/GHS   day 30  pay the day 31

2015-01-30 23:59:03   20150129                  0.00512 mBTC/GHS   day 29 pay the day 30

2015-01-28 23:59:03   20150128                  0.00617 mBTC/GHS   day 28  pay the day 28

so where is the dividends for the 31 ?  should i submit a ticket ?
thevictimofuktyranny
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February 03, 2015, 09:09:44 PM
 #1876


Hey the other i was looking through my dividends and i find one day missing

PAY TIME                   DIVIDENDS DATE         DIVIDENDS AMOUNT

2015-02-02 23:59:03   20150202                  0.00519 mBTC/GHS   

2015-02-01 23:59:03   20150201                  0.00517 mBTC/GHS       day 01  pay the day 01
   
2015-01-31 23:59:02   20150130                  0.00551 mBTC/GHS   day 30  pay the day 31

2015-01-30 23:59:03   20150129                  0.00512 mBTC/GHS   day 29 pay the day 30

2015-01-28 23:59:03   20150128                  0.00617 mBTC/GHS   day 28  pay the day 28

so where is the dividends for the 31 ?

It is software error or input error  Shocked

" day 01  pay the day 01"

Should read "day 31 pay the day 01"  Roll Eyes
danrachita
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February 03, 2015, 10:53:58 PM
 #1877

I was have same problem.
Was no payment in 29.01.
I make a ticket but not solved yet.

2015-02-02 23:59:05   20150202   0.00519 mBTC/GHS   1068   0.00554292 BTC
2015-02-01 23:59:04   20150201   0.00517 mBTC/GHS   1068   0.00552156 BTC
2015-01-31 23:59:03   20150130   0.00551 mBTC/GHS   1068   0.00588468 BTC
2015-01-30 23:59:04   20150129   0.00512 mBTC/GHS   1068   0.00546816 BTC
2015-01-28 23:59:04   20150128   0.00617 mBTC/GHS   1068   0.00658956 BTC
2015-01-27 23:59:04   20150127   0.00577 mBTC/GHS   1068   0.00616236 BTC

BR.
danrachita
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February 04, 2015, 02:35:07 PM
 #1878

I got today missing dividends.
Thank you.
BR.
DARKANGEL6415
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February 05, 2015, 12:35:14 AM
 #1879

Havelock has always been like that. You get used to it.

Well, it´s not like I have any reason to suspect them specifically of any chicanery. It´s more to do with the general uncertainty of this wild west BTC marketplace.

BTW, another one bites the dust. Minigpit (MINPIT), a small cloud mining operator selling there at cryptostocks, has given up on mining due to the depressed BTC price and now says is going to buy back the shares (AKA contracts, units elsewhere). At which price is still unclear. If at par I´ll be good since I purchased 100 shares last fall which are now 156 in number through re-investment of dividends.

dam they just falling like flies left and right, hope havelock hash amhash well protected and has plans in the event price keeps dropping and the difficulty keeps going on up

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February 05, 2015, 09:31:51 PM
 #1880

At least FC is squeezing the competition a bit. I'm afraid though: Compared to, say, KNC and Bitfury, we're the next ASIC/cloud-mining company that would go down if this streak continues. Well, at least AM has access to own hardware and can continue to self-mine. I don't think a depressed BTC price will kill them necessarly.

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