AMHash1: Cost-Effective Mining Contract

[primeminer]

it might be blunt but did anyone try to call this number?

Airwolf: you after this details?

 Name: jian xie
 Organization: rockxie
 Street: liling lisan road 195
 City: chang sha shi
 State/Province: hu nan
 Postal Code: 20000
 Country: CN
 Phone: +86.18657367786

plus some more to dig about:

Domain Name: xuanpai.com
Registry Domain ID:
Registrar WHOIS Server: whois.ename.com
Registrar URL: http://www.ename.net
Updated Date: 2015-01-22 T02:38:32Z
Creation Date: 2007-02-05 T16:40:34Z
Registrar Registration Expiration Date: 2017-02-05 T16:40:34Z
Registrar: eName Technology Co.,Ltd.
Registrar IANA ID: 1331
Registrar Abuse Contact Email: abuse@ename.com
Registrar Abuse Contact Phone: +86.4000044400
Domain Status: clientDeleteProhibited
Domain Status: clientTransferProhibited
Registry Registrant ID:
Registrant Name: rockxie
Registrant Organization: rockxie
Registrant Street: liling lisan road 195
Registrant City: chang sha shi
Registrant State/Province: hu nan
Registrant Postal Code: 20000
Registrant Country: CN
Registrant Phone: +86.18657367786
Registrant Phone Ext:
Registrant Fax: +86.18657367786
Registrant Fax Ext:
Registrant Email: rockxie@gmail.com
Registry Admin ID:
Admin Name: rockxie
Admin Organization: rockxie
Admin Street: liling lisan road 195
Admin City: chang sha shi
Admin State/Province: hu nan
Admin Postal Code: 20000
Admin Country: CN
Admin Phone: +86.18657367786
Admin Phone Ext:
Admin Fax: +86.18657367786
Admin Fax Ext:
Admin Email: rockxie@gmail.com
Registry Tech ID:
Tech Name: rockxie
Tech Organization: rockxie
Tech Street: liling lisan road 195
Tech City: chang sha shi
Tech State/Province: hu nan
Tech Postal Code: 20000
Tech Country: CN
Tech Phone: +86.18657367786
Tech Phone Ext:
Tech Fax: +86.18657367786
Tech Fax Ext:
Tech Email: rockxie@gmail.com
Name Server: dns1.iidns.com
Name Server: dns2.iidns.com
Name Server: dns3.iidns.com
Name Server: dns4.iidns.com
Name Server: dns5.iidns.com
Name Server: dns6.iidns.com
DNSSEC: unsigned
URL of the ICANN WHOIS Data Problem Reporting System: http://wdprs.internic.net/
>>> Last update of WHOIS database: 2015-03-06 T18:21:55Z


Domain Name: ttbit.com
Registry Domain ID:
Registrar WHOIS Server: whois.ename.com
Registrar URL: http://www.ename.net
Updated Date: 2014-05-30 T04:03:50Z
Creation Date: 2012-06-29 T05:34:59Z
Registrar Registration Expiration Date: 2015-06-29 T05:34:59Z
Registrar: eName Technology Co.,Ltd.
Registrar IANA ID: 1331
Registrar Abuse Contact Email: abuse@ename.com
Registrar Abuse Contact Phone: +86.4000044400
Domain Status: clientDeleteProhibited
Domain Status: clientTra1ferProhibited
Registry Registrant ID:
Registrant Name: rockxie
Registrant Organization: rockxie
Registrant Street: liling lisan road 195
Registrant City: chang sha shi
Registrant State/Province: hu nan
Registrant Postal Code: 20000
Registrant Country: CN
Registrant Phone: +86.18657367786
Registrant Phone Ext:
Registrant Fax: +86.18657367786
Registrant Fax Ext:
Registrant Email: rockxie@gmail.com
Registry Admin ID:
Admin Name: rockxie
Admin Organization: rockxie
Admin Street: liling lisan road 195
Admin City: chang sha shi
Admin State/Province: hu nan
Admin Postal Code: 20000
Admin Country: CN
Admin Phone: +86.18657367786
Admin Phone Ext:
Admin Fax: +86.18657367786
Admin Fax Ext:
Admin Email: rockxie@gmail.com
Registry Tech ID:
Tech Name: rockxie
Tech Organization: rockxie
Tech Street: liling lisan road 195
Tech City: chang sha shi
Tech State/Province: hu nan
Tech Postal Code: 20000
Tech Country: CN
Tech Phone: +86.18657367786
Tech Phone Ext:
Tech Fax: +86.18657367786
Tech Fax Ext:
Tech Email: rockxie@gmail.com

[RealMalatesta]

Just in case someone is interested: The corporate filings for Havelock can be found here in the "Freebies"-section:


http://btc-dd.com/openreports.html

Havelock has nothing to do with it. They are just a platform selling amhash products.
It is Rock and Asicminer who are responsible for the loss.

I strongly disagree.

A lot of people have invested in Havelock without knowing who is behind it. As an investor, I normally would like to know at least who is legally liable for the money I give them. It seems as if this basic question never was asked in connection with Havelock. If you meet someone on the street who tells you to that you get an annual yield of 52% on every dime you give him: You would give him a lot of your money without knowing who he is? I doubt it. In the Internet/Bitcoin-world, just exactly this happened.

From the very beginning on, Havelock Investments claimed to sell funds in mining equipment and mining. And they claimed to have invested or partnered with several companies, of which some have since just stopped their business. Again: Who has ever done a DD into these companies?

To me it seems as if Havelock is just one person - and until now, I haven't seen anybody who came forward and said: "Yes, it is Jim Smith from here or there".

Then came the AM1 fund. Havelock MUST have contact with Friedcat at this time, and in the documents, a lot of companies appear which can not be located. There was, for example, an investment company. I contacted them, however, the manager didn't know anything about Havelock or about AM-shares. So it seems as if something was seriously wrong from the very beginning.

However, there MUST be contracts between Friedcat and Havelock. And Havelock MUST have more details. Why do they not disclose this? We are not talking about a couple of dimes. We are talking about serious money. There are people who depend on this.

If an investment company - and I see Havelock as such - is doing business, they normally do some DD. Unless they know the person they are dealing with so well that they don't need it. Havelock always wrote about "Friedcat" - not about a company, not about a real person they know, they called "Friedcat" "Friedcat". Would ANY legit investment company do a contract with an online alias? If yes, this company is in my opinion not very trustworthy.

Furthermore: Any investment company I know wouldn't do any business without securing the deal. How was the deal with Friedcat secured? And how did they communicate?

If you do your research, you'll see strong ties between Havelock and the online gambling industry. Believe me: This industry has ties to some shady people.

So to summarize it: From early on, Havelock - which I consider a scam - was dealing with Friedcat. From what I understand, Friedcat seems to be a honest person (until proved different). Friedcat has disappeared. Mining equipment has disappeard. An office has been emptied. And nobody at Havelock steps forward and documents any effort they have done? This is worrying me, frankly.

I haven't any investment in Havelock's funds or any dealings with Friedcat. But I know it's shit when I smell it.

So yes: Havelock has, in my opinion, a lot to do with this case.

[RealMalatesta]

I do not see any benefits in dragging havelock into this. First it is different jurisdiction than the main culprits. This is a major problem and will delay the whole legal process. It is much more difficult to do it in different countries, it is time consuming and creates many problems we cannot even predict at this stage. Apart from that it was not them who ran with the money and the hashrate. Havelock will not pay you a penny. I would definitely put havelock out of equation just for the practical reasons and focus on Asicminer, Rockminer, Amhash and Mr Rock Xie. If FC surfaces then of course he has to answer a few questions but now he is not present. And to be honest I am not sure if Asicminer and the others really want him ever to be found.

Havelock IS part of this. There are several US corporations involved with Havelock. So it would be easy to file a legal complaint and name them as witness. This could lead to the situation that more light is shed into the background of Havelock and their dealings with FC. It is definitively easier than to file a lawsuit against someone who went missing.

[Mabsark]

Actually, AM1 was started by and operated by TAT, not FC or AM.

[Singman33]

And here is a novel idea that I don't know why USA companies are NOT doing. Whatever happened to the idea of making hundreds of solar panels and using wind (windmill) power things to generate the necessary electricity demands to run a successful mining farm and NOT have to pay an electric company millions of dollars just to mine bitcoin. If they generated their own electricity then they could make money mining even though the difficulty continues to rise. Duh!!!!

Please, dont be a silly kid... Do you understand the investment of what your idea is asking ? Do you think anyone will be ready to wait 10 or 20 years to get back their money, without any guarantee that Bitcoin will still exist ?
Really, dont be a kid like Airwolf...

[RealMalatesta]

Actually, AM1 was started by and operated by TAT, not FC or AM.

Right. And do you happen to know details about TAT?

On March 1, 2014, "TAT Investments" seems to have transferred control of the AM1, AM100, and SMG listings at HavelockInvestments.com to the direct control of Havelock Investments.

Anyway, from an early stage on, Havelock was in contact with AM or persons in the AM-business. The extent and quality of these contacts? I don't know.

[Singman33]

We are not receiving any payments at havelock, no explanation about this either.
Each party including Havelock is responsible, has and still are neglecting their responsibilities.
There's still no satisfying communication from any of them. 

I dont agree. Havelock is a simple exchange : they provide a way to buy / sell shares. They get payments from one company and put a part on customer's account, proportionally to shares owned.
They dont generate money, they dont generate shares.
If you dont understand that, then instead of buying shares from them, you should buy them from AMHash.

[Singman33]

Actually, AM1 was started by and operated by TAT, not FC or AM.

Right. And do you happen to know details about TAT?

On March 1, 2014, "TAT Investments" seems to have transferred control of the AM1, AM100, and SMG listings at HavelockInvestments.com to the direct control of Havelock Investments.

Anyway, from an early stage on, Havelock was in contact with AM or persons in the AM-business. The extent and quality of these contacts? I don't know.

seems, rumors... But never a fact.

[RealMalatesta]

Actually, AM1 was started by and operated by TAT, not FC or AM.

Right. And do you happen to know details about TAT?

On March 1, 2014, "TAT Investments" seems to have transferred control of the AM1, AM100, and SMG listings at HavelockInvestments.com to the direct control of Havelock Investments.

Anyway, from an early stage on, Havelock was in contact with AM or persons in the AM-business. The extent and quality of these contacts? I don't know.

seems, rumors... But never a fact.

It was a posting by TAT Investments. "Seems" comes from me for the transfer was never properly documented.

[ajw7989]

I would never blame havelock for this. They do their best to communicate with us and verify companies to prevent scams. But they could not have known what am hash would do. Most of us felt am hash was reliable due to who backed them.

[runam0k]

It was a posting by TAT Investments. "Seems" comes from me for the transfer was never properly documented.

Probably entirely wrong, but I always assumed Havelock was TAT Investments, or at least a joint venture between TAT and others.

[RealMalatesta]

I would never blame havelock for this. They do their best to communicate with us and verify companies to prevent scams. But they could not have known what am hash would do. Most of us felt am hash was reliable due to who backed them.

Sorry, but this is naiv.

What do they communicate? And how do they verify companies to prevent scams? I have not seen one single DD-report they have done. What did they do when the SEC started their investigation against TAT?

Show me HOW they communicate. Show my HOW they verify companies. Show me WHO they are.

[RealMalatesta]

It was a posting by TAT Investments. "Seems" comes from me for the transfer was never properly documented.

Probably entirely wrong, but I always assumed Havelock was TAT Investments, or at least a joint venture between TAT and others.

I wouldn't exclude this. TAT was in the gaming business. So is Havelock (just talk to the Casino's guys in Panama...).

Still, this doesn't wholly explain the links to AM / FC.

So for understanding what happened to FC, I believe every single aspect has to be looked at. And one of the main aspects is Havelock and the gaming industry.

[flame1012]

This event has shown how lightly Havelock and the other companies handles their businesses.
This is probably because the crypto world provides a more anonymous structure which allows you to run when you chose to.

No government, no legislation, no sanctions.
The only base of trust is goodwill here.

[primeminer]

I would never blame havelock for this. They do their best to communicate with us and verify companies to prevent scams. But they could not have known what am hash would do. Most of us felt am hash was reliable due to who backed them.

oh cmon they new from December that miners been stolen and kept it secret they are not as good as you picture it

[Puppet]

Show my HOW they verify companies.

Havelock isnt a regulated exchange, they do not comply with security laws that exist in almost every country. Laws designed to prevent these kinds of things from happening, but laws which also make it all but impossible for small crypto startups to be listed on an exchange and for anonymous unsophisticated investors like yourself, to invest in them.

If you are not happy with that, you shouldnt have used havelock. I dont think they claim to perform a thorough due diligence thats even remotely comparable to a, say, NYSE IPO. And whatever due diligence they may do or you might reasonably expect them to do, would have cleared asicminer

Ive never recommended anyone to use HL for the above and countless other reasons, but I also dont think they are to be blamed for this fiasco.

[RealMalatesta]

Show my HOW they verify companies.

Havelock isnt a regulated exchange, they do not comply with security laws that exist in almost every country. Laws designed to prevent these kinds of things from happening, but laws which also make it all but impossible for small crypto startups to be listed on an exchange and for anonymous unsophisticated investors like yourself, to invest in them.

If you are not happy with that, you shouldnt have used havelock. I dont think they claim to perform a thorough due diligence thats even remotely comparable to a, say, NYSE IPO. And whatever due diligence they may do or you might reasonably expect them to do, would have cleared asicminer

Ive never recommended anyone to use HL for the above and countless other reasons, but I also dont think they are to be blamed for this fiasco.

What are you talking about? Better read what I wrote before writing BS.

[Mabsark]

I would never blame havelock for this. They do their best to communicate with us and verify companies to prevent scams. But they could not have known what am hash would do. Most of us felt am hash was reliable due to who backed them.

oh cmon they new from December that miners been stolen and kept it secret they are not as good as you picture it

According to Havelock, they found out the same time as everybody else:

Last Month the AMHASH1 Fund Managers has posted this updated:

"February 8th, 2015 - 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"

During the period when our site was down, we were informed at the same time that everyone else was informed through this very thread that the AMHASH team were not able to reach anyone at ASICMIner which operates the mining farm for the AMHASH mining operation.  At this time we have suspended trading on the AMHASH Fund until further information is provided to us.

We would like to remind everyone that the AMHASH operation is a joint venture between RockMiner and ASICMiner.

Thank you,

Havelock

[NotLambchop]

I do not see any benefits in dragging havelock into this. First it is different jurisdiction than the main culprits.

Jurisdictions spread across the globe you say? 
Suckers Investors have trivial sums at stake, and can't tell the difference between a seersucker and a legal suit? 

[flame1012]

I would never blame havelock for this. They do their best to communicate with us and verify companies to prevent scams. But they could not have known what am hash would do. Most of us felt am hash was reliable due to who backed them.

oh cmon they new from December that miners been stolen and kept it secret they are not as good as you picture it

According to Havelock, they found out the same time as everybody else:

Last Month the AMHASH1 Fund Managers has posted this updated:

"February 8th, 2015 - 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"

During the period when our site was down, we were informed at the same time that everyone else was informed through this very thread that the AMHASH team were not able to reach anyone at ASICMIner which operates the mining farm for the AMHASH mining operation.  At this time we have suspended trading on the AMHASH Fund until further information is provided to us.

We would like to remind everyone that the AMHASH operation is a joint venture between RockMiner and ASICMiner.

Thank you,

Havelock

This excuse is worse than the misdemeanor.