AMHash1: Cost-Effective Mining Contract

[tonygal]

Right, I'm happy I dumped my stake here yesterday and that at least I could
get out with a tiny profit instead of a loss. Still I think the pressure on AMhash
comes mainly from Hashnest's pricing, not so much from the difficulty or from the
BTC/USD rate.

[galdur]

Maybe, but of course all markets try to be ahead of the curve.

[galdur]

It just keeps ballooning

Estimated Next Difficulty:   44,835,567,206 (+10.32%)
Adjust time:   After 1708 Blocks, About 10.8 days

[gog1]

Can you all explain to me where you see difficulty shooting up?? Last adjustment
was +3% and bitcoinwisdom gives me a +8.5% prediction for the next one. Factoring
in the returnees from paycoin, that's absolutely tame.

compare to the prior double digit adjustment 6 months ago, 8.5% is relatively tame.  Will we be back to those double digit days or difficulty makes one 'big' jump then plateau as in the past 3 months - it is hard to say.  but at current price level, even assuming no difficulty increase, we are talking about 140-150 days to recoup all the investment - which is a long time in bitcoin land.

AMHash1 though still seems to be one of the better games in town when it comes to cloud hashing.

[NeonTranceBadger]

Has anyone who transferred their Hashie.co GH/s to AMHASH.com received any payments since the transfer?  I'm 2 days with no payments to BTC address.

[NeonTranceBadger]

Has anyone who transferred their Hashie.co GH/s to AMHASH.com received any payments since the transfer?  I'm 2 days with no payments to BTC address.

payments are not yet enable, and i as far i "know" when they payout it will pick out from 28, so we only can wait.

Thank you, so hopefully we get paid for the past two days.

[rponder]

another question, really the value dropped, now when the blocks halve next year sometime or a little after, will they set the main servers to drop difficulty for the small block rewards so that the may be mined more quickly? i mean, anytime you r able to trade an increment of credit in for cash the government does have some involvement within the system

[DARKANGEL6415]

Mining's really in some way a bet on difficulty - those who bought in at the IPO would have very well in BTC terms as the difficulty was relatively stable the last few adjustments.

USD / BTC seems to hold pretty firm at 300 USD which provides a ceiling on the maintenance fee in BTC terms, but difficulty seems to be shooting up again.  Having really follow mining closely any more - someone released new chips?  new ASIC?

lets hope for btc to go up to and hold at $400 - $450 price range would be awesome

[twentyseventy]

another question, really the value dropped, now when the blocks halve next year sometime or a little after, will they set the main servers to drop difficulty for the small block rewards so that the may be mined more quickly? i mean, anytime you r able to trade an increment of credit in for cash the government does have some involvement within the system

The difficulty is independent of the block reward, so no.

[l3sny]

Any idea when are they going to start the payments for the transferred hashie accounts?

[drasted]

will they set the main servers to drop difficulty for the small block rewards so that the may be mined more quickly?

Who is "they" and what main servers? You might need to read up on how bitcoin works

[DARKANGEL6415]

Right, I'm happy I dumped my stake here yesterday and that at least I could
get out with a tiny profit instead of a loss. Still I think the pressure on AMhash
comes mainly from Hashnest's pricing, not so much from the difficulty or from the
BTC/USD rate.

you might be right in saying the price drop is from hashnet low price offers, but i think it is dropping due to difficulty going up. Also i do think the USD does affect bitcoin price affecting prices of shares i think

[galdur]

Right, I'm happy I dumped my stake here yesterday and that at least I could
get out with a tiny profit instead of a loss. Still I think the pressure on AMhash
comes mainly from Hashnest's pricing, not so much from the difficulty or from the
BTC/USD rate.

you might be right in saying the price drop is from hashnet low price offers, but i think it is dropping due to difficulty going up. Also i do think the USD does affect bitcoin price affecting prices of shares i think

The fee is in USD so the lower BTC price the higher fee and lower

dividends.

[ajw7989]

Right, I'm happy I dumped my stake here yesterday and that at least I could
get out with a tiny profit instead of a loss. Still I think the pressure on AMhash
comes mainly from Hashnest's pricing, not so much from the difficulty or from the
BTC/USD rate.

you might be right in saying the price drop is from hashnet low price offers, but i think it is dropping due to difficulty going up. Also i do think the USD does affect bitcoin price affecting prices of shares i think

The fee is in USD so the lower BTC price the higher fee and lower

dividends.

We desperately need the price of BTC to start going up steadily. With difficulty on the increase now and BTC stabilizing at the low price of 305-315 cloud mining with this is going to be very rough in terms of ROI.

[DARKANGEL6415]

Right, I'm happy I dumped my stake here yesterday and that at least I could
get out with a tiny profit instead of a loss. Still I think the pressure on AMhash
comes mainly from Hashnest's pricing, not so much from the difficulty or from the
BTC/USD rate.

you might be right in saying the price drop is from hashnet low price offers, but i think it is dropping due to difficulty going up. Also i do think the USD does affect bitcoin price affecting prices of shares i think

The fee is in USD so the lower BTC price the higher fee and lower

dividends.

We desperately need the price of BTC to start going up steadily. With difficulty on the increase now and BTC stabilizing at the low price of 305-315 cloud mining with this is going to be very rough in terms of ROI.

i agree with yo uand i myself do not understand how bitcoin went from $1300 to $300 that is some massive loss. I wish it would go back to atleast $450 maybe $500 if it reached that and stay there for next years or so i would not complain. Then of course will need to go back up so more as will be taking longer to get coins and less reward.

[TheFuneral]

Any idea when are they going to start the payments for the transferred hashie accounts?

remember how the contract states;
'Payout calculation
Payouts are done daily.'

[hashie]

Hi everyone,

We made a song for all Hashie users, based off 'Let It Go' from Frozen:

https://hashie.co/letitgo.ogg

Since lots of Hashie users are checking this thread, we thought to post it. Here are the lyrics:

"Let It Go" - Hashie Edition

The wallet's empty in the server tonight
Not a bitcoin to be seen
A website of wishes,
And it looks like I'm the admin.

The coins are leaking just like my heart inside
Couldn't keep it in, heaven knows I tried!

Stop the d-dos, stop the hax
Don't let them in, don't let the packets pass,
Respond, don't freeze, don't let it be goooone
Well, now they're goooooone!

Let it go, let it go
Can't keep it running anymore
Let it go, let it go
It's time to end this lore

I don't care
What they're going to say
Let the chat rage on,
The cold never bothered me anyway!

It's funny how some distance
Makes everything seem small
And the stresses that once controlled me
Can't get to me at all!

It's time to see what I can do
To make something new and break through
No right, no wrong, no rules for me I'm free!

Let it go, let it go
I am one with the wind and sky
Let it go, let it go
You'll never see me cry!

Here I stand
And here I'll stay
Let the chat rage on!

My blizzard will blow you all to the ground
My fortress will protect me all around
Andreas can go slandeeer in anotheeer chat
I'm never going back,
Hashie's in the past!

Let it go, let it go
Going to stop looking at the screen
Let it go, let it go
Because I am the queen

Here I stand
And here I'll stay
Let the chat rage on,
The cold never bothered me anyway!

Thanks to everyone who crowdfunded the production of this song!

-Queen Elsa

[galdur]

Well, given the yield (which will tank further in ten days) the market certainly looks more reasonable now

Bid ฿0.00099110 Ask ฿0.00100000

[xilatleo]

Can people stop panic selling. Amhash 4 will be available at 0.15 

[galdur]

Not panic, just adjusting to reality.

Maybe you didn´t get the memo.