AMHash1: Cost-Effective Mining Contract

[amhash]

The fee is 1.89*10^(-8) USD per unit per second. It will be substracted from the pre-fee payout rate. The exchange rate is based on bitstamp 24h average.

In other words, $0.00163 per GH per day.

-Sahra

  Technically, some of those "other words" you speak of are numbers, some are symbols and others are abbreviations but thanks for doing the math for us.  Some of us really suck at comprehension, especially after night shifts

 Now is that per earth day?  Awww never miner; I already bought my shares 

let's say $0.00163 per GH per 24 hrs

[1500340571]

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[hashie]

The fee is 1.89*10^(-8) USD per unit per second. It will be substracted from the pre-fee payout rate. The exchange rate is based on bitstamp 24h average.

In other words, $0.00163 per GH per day.

-Sahra

  Technically, some of those "other words" you speak of are numbers, some are symbols and others are abbreviations but thanks for doing the math for us.  Some of us really suck at comprehension, especially after night shifts

 Now is that per earth day?  Awww never miner; I already bought my shares  

Lol!

Anyway, great offering, however disappointed to see it on Havelock. Havelock feels as reliable as GLBSE.

Does AMHash have a continuity plan?

-Sahra

[blo8i]

i just hope we start to see some Dividends from the AM shares SOON. i can´t see hwo we will see Dividends form this farm? only form the first "5000000" sales. but after that? what then?

[amhash]

The fee is 1.89*10^(-8) USD per unit per second. It will be substracted from the pre-fee payout rate. The exchange rate is based on bitstamp 24h average.

In other words, $0.00163 per GH per day.

-Sahra

  Technically, some of those "other words" you speak of are numbers, some are symbols and others are abbreviations but thanks for doing the math for us.  Some of us really suck at comprehension, especially after night shifts

 Now is that per earth day?  Awww never miner; I already bought my shares  

Lol!

Anyway, great offering, however disappointed to see it on Havelock. Havelock feels as reliable as GLBSE.

Does AMHash have a continuity plan?

-Sahra

Havelock is reliable platform, just like there was Mt.Gox, but we need to trust Bitstamp or bitfinex though we are not sure.
We have continuity plan, but we need people trust our hashrate firstly.

[drasted]

Havelock is reliable platform, just like there was Mt.Gox, but we need to trust Bitstamp or bitfinex though we are not sure.
We have continuity plan, but we need people trust our hashrate firstly.

Havelock is reliable platform, just like there was Mt.Gox?

Are you saying havelock is as reliable as Mt Gox? Not really sure what's trying to be said here. Havelock might be trustworthy, but it's far from reliable. It's down almost as often as the wind changes.

[amhash]

i just hope we start to see some Dividends from the AM shares SOON. i can´t see hwo we will see Dividends form this farm? only form the first "5000000" sales. but after that? what then?

Selling hashrate is another way to sell devices and chips , so shareholders can get profit from this farm absolutely.

[rockxie]

The reason why we started AMHhash project is based on factors below:

For Investors:

1 Most of customers's electricity is not cheap enough for mining right now and AM find the right place to deploy.

2 Shipping to oversea from China cost too much(almost 1/4~1/3 in total).

3 Most of customers don't have enough time and technical skill to deploy large quantities miners in short time.

So buying AMHash is better than buying mining devices if you want to invest bitcoin mining industry.

For AM shareholders:

1 AM has lots of BE200s in stock,if we can't convert them to devices asap in their life time,these chips will be nothing,then it will be a big loss.Obviously,In the present case AMHash is the best choice for AM to sell large quantities chips and devices.

2 Cloud Mining is trend for bitcoin mining in future. If AMHash1 is successful, BE300 also can be benefit from this project.

3 Only if AM make profits,dividends is possible.

[NotLambchop]

This is 100% guaranteed to be the first ever profitable offering on Havelock.
Trust me.

  ~Happy Investing!

[trek27]

AMhash is absolutely right move and your comparison with buying Prismas very pertinent. Now, think long term and build confidence. Look at cex.io, they are able to sell new hashrate at about twice the price while charging higher maintenance fee. Trust and confidence.

[Blazed]

This is 100% guaranteed to be the first ever profitable offering on Havelock.
Trust me.

  ~Happy Investing!

 

[server]

 
AM isn't able to mine with profit and pay div, why can AMHash1 ?
 

[Chris_Sabian]

AM isn't able to mine with profit and pay div, why can AMHash1 ?
 

As Rockie said, it is easier to sell the hashing power now instead of shipping miner to customers.  That was the unused BE200 chips are beings used today.

[IPO Magic]

AM isn't able to mine with profit and pay div, why can AMHash1 ?
 

As Rockie said, it is easier to sell the hashing power IPO now instead of shipping miner to customers.

FTFY

[xhomerx10]

AM isn't able to mine with profit and pay div, why can AMHash1 ?
 

AM publicly changed their business model a few months ago.  They were to concentrate on chip sales only.  Due to some disappointing chip results and unforeseen delays, this model did not work out. AM has adapted its plan (more than once) since that time.  Apparently they are not willing to commit the considerable time, effort and expense required in order to self-mine hence they now have partners.

[jdany]

They probably could, but it would take a little while to see the BTC from hashing.
I imagine they're giving up some of that return to have the BTC now.

5PH mining = 70 coins per day.
5000000 shares at 0.00125 = 6250 coins
or 90 days

[xhomerx10]

They probably could, but it would take a little while to see the BTC from hashing.
I imagine they're giving up some of that return to have the BTC now.

5PH mining = 70 coins per day.
5000000 shares at 0.00125 = 6250 coins
or 90 days

No.  They are simply trying to unload the chips while they still have value.

[jdany]

That too.

[server]

This ipo is too vague.

Issuing 5 million shares but only 1 million available at Havelock.
 

The Fund is divided into 5 million (5,000,000) units each of which represents 1Gigahash per second.

The price of each unit is 1.25 mBTC (0.00125 BTC).

Forcing AM shareholders to buy or div will not be possible.

[gogxmagog]

Interesting offering. What is the "exit strategy" for investors? 5 petahash might distribute nicely for a few weeks but sooner than later difficulty will shrink the divs and devalue the share price. Is there some foreward looking plans for this inevitability?

[twentyseventy]

Interesting offering. What is the "exit strategy" for investors? 5 petahash might distribute nicely for a few weeks but sooner than later difficulty will shrink the divs and devalue the share price. Is there some foreward looking plans for this inevitability?

Does there need to be? It's a cloud mining contract - you pay for your GH/s and you get it.