AMHash1: Cost-Effective Mining Contract

[Mabsark]

None of what you are saying makes any sense at all. AMHash has 5 Ph/s in total and hasn't even sold it all.

[1715681635]

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[1715681635]

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[1715681635]

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[Mabsark]

AMHash1 is a mining Fund which has 5 Peta-hash per second or (5,000,000 Giga-hashes per second) in total.
The Fund is divided into 5 million (5,000,000) s each of which represents 1Gigahash per second.

AMHash has 5 Ph/s in total. There is 2.067102 Ph/s on Havelock. They've been sold over 3 rounds. Hashie only had 0.32 Ph/s to sell and it's unknown how much they actually sold.

1) How many shares did Hashie and HAVELOCK get?

A: HAVELOCK and Hashie.co are the only two platforms confirmed by us. The total hashrate of our promotion is 5PH, we sold 0.639PH on HAVELOCK and 0.32PH on Hashie.co. We will open AMHash3 on those two platforms on this 10th.

[thevictimofuktyranny]

AMHash1 is a mining Fund which has 5 Peta-hash per second or (5,000,000 Giga-hashes per second) in total.
The Fund is divided into 5 million (5,000,000) s each of which represents 1Gigahash per second.

AMHash has 5 Ph/s in total. There is 2.067102 Ph/s on Havelock. They've been sold over 3 rounds. Hashie only had 0.32 Ph/s to sell and it's unknown how much they actually sold.

1) How many shares did Hashie and HAVELOCK get?

A: HAVELOCK and Hashie.co are the only two platforms confirmed by us. The total hashrate of our promotion is 5PH, we sold 0.639PH on HAVELOCK and 0.32PH on Hashie.co. We will open AMHash3 on those two platforms on this 10th.

I stand corrected, happy now, mixed up THs and Ghs going into PHs  

That's why you're the Hero Member

[galdur]

Another big diff. increase ahead ? Just hit by 7.71%. If this rate of increase of .4-.5%/day continues then the real yield of this investment is pretty much zero, at least too small to bother given the current price of the instrument.

Bitcoin Difficulty:   44,455,415,962
Estimated Next Difficulty:   47,349,800,331 (+6.51%)
Adjust time:   After 1932 Blocks, About 13.2 days

[crazyivan]

Another big diff. increase ahead ? Just hit by 7.71%. If this rate of increase of .4-.5%/day continues then the real yield of this investment is pretty much zero, at least too small to bother given the current price of the instrument.

Bitcoin Difficulty:   44,455,415,962
Estimated Next Difficulty:   47,349,800,331 (+6.51%)
Adjust time:   After 1932 Blocks, About 13.2 days

What, you are surprised it s extremely difficult to reach ROI with cloud mining and it takes a lot of time and smart trading to do so??

I think sometimes we forget ROI of 1-2 years is actually AWESOME in any other industry. Money does not simply fall down from the sky.

Having said this, I really think Amhash should provide some info about this dividend issue. What s with these companies and the lack of clear communication?

[pajaperc]

So far, I've experienced:

• Lack of communication and transparency
  
• Poor support
  
• Low dividends
  
• FUD
  

Got tired of it all. I sold all of my shares out.

*and useless posts from thevictimofuktyranny

[galdur]

Another big diff. increase ahead ? Just hit by 7.71%. If this rate of increase of .4-.5%/day continues then the real yield of this investment is pretty much zero, at least too small to bother given the current price of the instrument.

Bitcoin Difficulty:   44,455,415,962
Estimated Next Difficulty:   47,349,800,331 (+6.51%)
Adjust time:   After 1932 Blocks, About 13.2 days

What, you are surprised it s extremely difficult to reach ROI with cloud mining and it takes a lot of time and smart trading to do so??

I think sometimes we forget ROI of 1-2 years is actually AWESOME in any other industry. Money does not simply fall down from the sky.

Having said this, I really think Amhash should provide some info about this dividend issue. What s with these companies and the lack of clear communication?

No, I´m not surprised it s extremely difficult to reach ROI with cloud mining for the simple reason that I´m not at all finding it extremely difficult to reach ROI with cloud mining. But then I obviously don´t invest in what has about zero % yield. This is because in my view (which for some mysterious reason is considered heresy meant for misleading newbies here) I´m lending money to these cloud mining operations. In other words I´m doing them a favour, not really the other way around. Obviously this view leads to me demanding the highest possible yield especially in such a risky and uncertain field as bitcoin is where what is being mined is constantly on the verge of collapse and with it all those units and contracts or whatever you call it. So, 1-2 years is really ridiculous in this context when you have this constant overhang.

[skuser]

from the email havelock sent today morning the trading will be suspended:

Announcement of The Spring Festival Holiday

Dear Customers,

We will pause the transaction and dividends of AMHash from 10th February to 28th February for The Spring Festival Holiday coming.And we will restart all those things in the beginning of March.

AMHash Team

Thank you for investing with Havelock Investments!
https://www.havelockinvestments.com

Should I laugh or cry now if this is not a bad joke which apparently isn't https://www.havelockinvestments.com/fund.php?symbol=AMHASH1&action=getupdates

So basically if the BTC rate starts to drop down to 150 there is no way to get rid of this 'asset' until start of March and I'll be left with worthless shares? Do Chinese guys think if they have 3 weeks celebrations whole world freezes for that time?

[HarmonLi]

I think everyone is sort of depressed due to the low BTC price. Even the cloud mining service operators will be quite sad these days. They profit most from a decent price of BTC. It's just how humans are, your work suffer when you're not motivated...

[ligeros]

from the email havelock sent today morning the trading will be suspended:

Announcement of The Spring Festival Holiday

Dear Customers,

We will pause the transaction and dividends of AMHash from 10th February to 28th February for The Spring Festival Holiday coming.And we will restart all those things in the beginning of March.

AMHash Team

Thank you for investing with Havelock Investments!
https://www.havelockinvestments.com

Should I laugh or cry now if this is not a bad joke which apparently isn't https://www.havelockinvestments.com/fund.php?symbol=AMHASH1&action=getupdates

So basically if the BTC rate starts to drop down to 150 there is no way to get rid of this 'asset' until start of March and I'll be left with worthless shares? Do Chinese guys think if they have 3 weeks celebrations whole world freezes for that time?

havelock will continue to trade with AMHASH1
so at least you are able to sell your shares

Havelock is NOT suspending operations of our website.

The AMHASH1 fund has issued a statement that relates to a holiday break in China.

As we get more information we will make it available through the update section of AMASHA1 ON Havelockinvestments.com

[galdur]

Estimated Next Difficulty:   47,589,962,373 (+7.05%)

Well, this spring festival thing doesn´t seem to affect the mining over there in China. Quite the contrary actually. Or maybe the mining farms run without supervision.

[ajw7989]

Estimated Next Difficulty:   47,589,962,373 (+7.05%)

Well, this spring festival thing doesn´t seem to affect the mining over there in China. Quite the contrary actually. Or maybe the mining farms run without supervision.

Of course they are not shutting down the mining that would be lost revenue. They probably have minimal supervision just to make sure the mining is up and running but not enough to actually keep the operations in full gear.

[galdur]

Estimated Next Difficulty:   47,589,962,373 (+7.05%)

Well, this spring festival thing doesn´t seem to affect the mining over there in China. Quite the contrary actually. Or maybe the mining farms run without supervision.

Of course they are not shutting down the mining that would be lost revenue. They probably have minimal supervision just to make sure the mining is up and running but not enough to actually keep the operations in full gear.

I´m guessing that sending the bloody dividends is a whole lot less labor intensive than running the mining farms. Which seems to render this holiday excuse rather lame.

[skuser]

havelock will continue to trade with AMHASH1
so at least you are able to sell your shares

Havelock is NOT suspending operations of our website.

The AMHASH1 fund has issued a statement that relates to a holiday break in China.

As we get more information we will make it available through the update section of AMASHA1 ON Havelockinvestments.com

Only thing I can see are these Chinese english statements like 'Havelock is NOT suspending operations of our website'   WTF does it mean in English operations of our website? That's fine havelock is not shutting down their website, but Amhash claims in another Chinese english sentence 'We will pause the transaction and dividends of AMHash'. What are transactions if not transactions of shares? If it doesn't apply to havelock traded shares why it is posted on havelock website...if nothing this is at least pure communication disaster.

[finbad]

I got the hell out

any of this holyday suspension of payouts should be clearly described in the fund prospectus,  oh but wait

I can't even find the prospectus......

nuff said.

[NotLambchop]

Lol. good ol' hashie.  How is it you shrewd financiers keep missing this stuff?

Autotomy (from the Greek auto- "self-" and tome "severing") or self amputation is the behaviour whereby an animal sheds or discards one or more of its own appendages,[1] usually as a self-defense mechanism to elude a predator's grasp or to distract the predator and thereby allow escape. The lost body part may be regenerated later.

[jawitech]

It's dividend time at Havelock

Announcement Date    Payment Date    Amount (BTC/Unit)
2015-02-10    2015-02-10    0.00000050
2015-02-09    2015-02-09    0.00000537

[ujka]

Panic mode starts in...

[wonko]

holy crap guess the difficulty spike killed the profits?

[AirWolf]

I think is probably a residual payment for a small fraction of the day as they said that they will be suspending processing since Feb. 10