AMHash1: Cost-Effective Mining Contract

[DARKANGEL6415]

all i know is i see the price of the amhash shares going down and down. For a moment there i thought it would always or atleast for a longer time be near the initial ipo price but noy was i wrong 

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[galdur]

all i know is i see the price of the amhash shares going down and down. For a moment there i thought it would always or atleast for a longer time be near the initial ipo price but noy was i wrong 

Well, the price of the shares has to adjust to the tanking yield.

[elasticband]

all i know is i see the price of the amhash shares going down and down. For a moment there i thought it would always or atleast for a longer time be near the initial ipo price but noy was i wrong 

natural cause an effect due to current conditions and possible other cheaper offerings, i have heard mention but i have no real idea?


unless you have your whole life savings invested into amhash i would just ride out the storm or try some trading with a portion of your holdings.

[ajw7989]

all i know is i see the price of the amhash shares going down and down. For a moment there i thought it would always or atleast for a longer time be near the initial ipo price but noy was i wrong 

Well, the price of the shares has to adjust to the tanking yield.

If you want to see the price go up we need the price of btc to go up which in turn will allow payouts to increase.

[galdur]

all i know is i see the price of the amhash shares going down and down. For a moment there i thought it would always or atleast for a longer time be near the initial ipo price but noy was i wrong 

Well, the price of the shares has to adjust to the tanking yield.

If you want to see the price go up we need the price of btc to go up which in turn will allow payouts to increase.

Of course.

[galdur]

Since by their very nature markets try to be ahead of the curve

my main concern at the moment is what the yield will amount to

in six days when this whopper hits



and whether BTC will move noticeably up or down. Or languish sideways.

Right now I´m anticipating yield of ca. .00000550 and will bid .00075000 tops.

Well, maybe 80000 if BTC shows signs of life or that diff. bubble corrects.

In the unlikely even that both coincide, maybe a bit higher.

Not selling now although my average is pretty low, betting that the yield won´t go

much lower this month at least. But if the market decides to rally, that may change.

[galdur]

Some pullback there on the chart. Promising.

[alevlaslo]

Fair rate to calculate very easily - day dividends multiply by 100 

[skuser]

Fair rate to calculate very easily - day dividends multiply by 100 

Don't scare me please, that would mean drop to .005 in 6 days: http://nextdifficulty.com

How about multiplying by 150? 

[Puppet]

Fair rate to calculate very easily - day dividends multiply by 100  

even 100 is too much IMO. If for simplicity sake we assume divs will go down linearly, then your math would mean divs halt in 200 days - just to break even, and more than that for any profit. In reality this is likely much sooner considering 0.1-0.2W/GH hardware that will come online in Q1.

Moreover, even if difficuly goes up linearly, divs go down faster than that because of the fixed fees.

[galdur]

It´s complex, several factors to take into account.

And bloody constant and chronic uncertainty that is a major

factor in this scam ridden and volatile and unregulated marketplace.

That´s the absolutely worst poison in any market uncertainty is..

Bad news you can take for pretty long because they eventually turn good again.

[galdur]

Fair rate to calculate very easily - day dividends multiply by 100  

even 100 is too much IMO. If for simplicity sake we assume divs will go down linearly, then your math would mean divs halt in 200 days - just to break even, and more than that for any profit. In reality this is likely much sooner considering 0.1-0.2W/GH hardware that will come online in Q1.

Moreover, even if difficuly goes up linearly, divs go down faster than that because of the fixed fees.

Yeah, at this point preservation of capital is a more important concern

than return on investment if you want to play this mining game.

[Puppet]

It´s complex, several factors to take into account.

And bloody constant and chronic uncertainty that is a major

I think its actually quite easy; there is always someone who overpays compared to expected divs/mining revenue, because he cant do the math or doesnt understand the dynamics of this market, be it for hardware or cloud mining. Look no further than cex.io pricing to see my point. THat means hardware and contracts will pretty much always be overpriced. And even if they werent, so many would be sold that difficulty would catch up with it again until it becomes overpriced.

You can gamble you can gain a bit flipping shares, but long term anything based on mining is a loser.

[AirWolf]

Fair rate to calculate very easily - day dividends multiply by 100  

even 100 is too much IMO. If for simplicity sake we assume divs will go down linearly, then your math would mean divs halt in 200 days - just to break even, and more than that for any profit. In reality this is likely much sooner considering 0.1-0.2W/GH hardware that will come online in Q1.

Moreover, even if difficuly goes up linearly, divs go down faster than that because of the fixed fees.

Yeah, at this point preservation of capital is a more important concern

than return on investment if you want to play this mining game.

From my observation of the difficulty evolution, it looks like some major mines have the strategy of running the mine at full throttle half the time between difficulty adjusting periods in order to maximize yield and not letting the diff go up as much as it could, which makes sense as a long term business policy, and then the other half they shutdown or throttle down a lot, this will not only mitigates the impact on the diff, but also saves power and maintenance cost.

Would someone care to analyze the integrity of this argument?  

[Puppet]

Doesnt make any sense at all. It would be far cheaper to run with just a fraction of the hardware than running it for a fraction of the time, and its even better to run everything underclocked, ie at higher efficiency, all the time. Idle hardware is not a sensible business plan.

[elasticband]

last difficulty movements were downward, why?

1. bitcoin price is decreasing and hashrate is increasing - false, hashrate was decreasing but the price was going down
2. a portion of the network moved away to mine some new scaamcoin - true

difficulty is moving upward.

1. bitcoin price is increasing and hashrate is increasing - false price is decreasing
2. a portion of the network moved back from scam coin and created and increase in difficulty - possible

will difficulty continue to move upward?
1. no
2. yes

i guess i am in 2 minds regarding the outcome

[Puppet]

last difficulty movements were downward, why?

It could be statistical noise. But there is also another reason you have overlooked: bitmain shipping their S5s that have been 'burning in ' for a while.

[galdur]

Don´t forget this guy

[HarmonLi]

Doesnt make any sense at all. It would be far cheaper to run with just a fraction of the hardware than running it for a fraction of the time, and its even better to run everything underclocked, ie at higher efficiency, all the time. Idle hardware is not a sensible business plan.

Yeah, in this case it only makes sense that they have pointed their hashing power towards another coin or used it otherwise. Still I don't think that it is feasible for every miner to be run at a reduced speed/consumption.

[galdur]

last difficulty movements were downward, why?

It could be statistical noise. But there is also another reason you have overlooked: bitmain shipping their S5s that have been 'burning in ' for a while.

Even the wildest bubbles tend to have an occasional plateau for consolidation.