AMHash1: Cost-Effective Mining Contract

[elasticband]

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.

I actually don't belief someone with bitmain premining expertise would produce a batch, take it offline, sell and ship it without having a whole new production run ready to fill his shelves. I don't doubt that the s5's have been used, but i doubt bitmian would sit with empty  shelves long enough to impact difficulty. if anything they are adding to the increase.

[Puppet]

I actually don't belief someone with bitmain premining expertise would produce a batch, take it offline, sell and ship it without having a whole new production run ready to fill his shelves.

I see your point, but just boxing units and refilling takes some time and may not be done 100% efficiently. We are talking about 1000's of units.
Then again, antpool seems to be back at 15%. Yesterday IIRC I saw it at ~5% 24hr average, could just have been bad luck.

ANyway, if you look at this chart:
http://bitcoin.sipa.be/speed-lin-10k.png

Its fairly nonsensical to conclude the recent downward "trend" is not just randomness. Lets see in a few days.

[AirWolf]

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.

Then your opinion follows mine, just in another sense the action is the same, i spoke about "throttle", you spoke about "clocking", the net effect is of the same type. However, your assertion is more accurate than mine and has a little more sense.

But is not that my observation has no sense at all, keep the discussion amicable...

[galdur]

 

http://i.snag.gy/2izhc.jpg

http://snag.gy/d9lBk.jpg

[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.

Then your opinion follows mine, just in another sense the action is the same, i spoke about "throttle", you spoke about "clocking", the net effect is of the same type. However, your assertion is more accurate than mine and has a little more sense.

But is not that my observation has no sense at all, keep the discussion amicable...

Nothing I said would result in variable hashrate throughout a difficulty period, which was your observation, so no, we are not saying the same thing.

[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 

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.

well i had seen this a was really excited told my self maybe this news will be good for Bitcoin as California is one of the heavier populated wealthier states in the USA. So i expected good news maybe help price = better payouts but i see that not the case   http://bitcoinpeak.com/ab-129-california-legally-approves-the-use-of-bitcoin-cryptocoinsnews     = Still good news on this read i would say now if can only get Nevada to accept it as legal especially in Las Vegas  

[AirWolf]

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.

Then your opinion follows mine, just in another sense the action is the same, i spoke about "throttle", you spoke about "clocking", the net effect is of the same type. However, your assertion is more accurate than mine and has a little more sense.

But is not that my observation has no sense at all, keep the discussion amicable...

Nothing I said would result in variable hashrate throughout a difficulty period, which was your observation, so no, we are not saying the same thing.

Evidence suggests otherwise:

[galdur]

I´m waiting for cheaper shares but apparently the AmHash market figures

that the diff. increase will correct and BTC will stay stable or improve.

[sharky101]

So with another exchange being hacked. Can we please innovate to remove the unnecessary counterparty risk of using havelock.

Issue a counterparty asset or bitshares asset... centralization will eventually bite AM and ASICMiner.

A counterparty/bitshares asset could issue dividends directly to customer. An asset such as a counterparty AMHASH could be traded in a decentralised manor on the Counterparty DEX or on a whole range crypto exchanges like poloniex etc.

I know the developers of Counterparty and Bitshares would be more than happy to aid you in this process. And why not get some press whilst doing it, 'hey coindesk, we've decided to re-evaluate our business and go completely decentralised.'

LEAD THE MARKET

[alevlaslo]

Hello! Thank you Bitman and Rockminer behind the clouds! Equipment should be in a dedicated hangars, our including (the cloud), and not to overload electrical outlets in the apartment houses, especially in suburban houses, where one miner to another person will not be able to allocate power just to stay

[Swimmer63]

Hello! Thank you Bitman and Rockminer behind the clouds! Equipment should be in a dedicated hangars, our including (the cloud), and not to overload electrical outlets in the apartment houses, especially in suburban houses, where one miner to another person will not be able to allocate power just to stay

Huh?

[DARKANGEL6415]

i will say google translate gone wrong haha, in any case come on we need some price to be stable

[newIndia]

Hello! Thank you Bitman and Rockminer behind the clouds! Equipment should be in a dedicated hangars, our including (the cloud), and not to overload electrical outlets in the apartment houses, especially in suburban houses, where one miner to another person will not be able to allocate power just to stay

Huh?

Just a poorly programmed bot.  Or google translate gone wrong.

Russian using Google translate. Check post history.

[galdur]

Terrible sign for English speaking customers in a tailor´s shop somewhere

Order your summers suit now. Because in big rush we will execute customers in strict rotation.

[pedrog]

Terrible sign for English speaking customers in a tailor´s shop somewhere

Order your summers suit now. Because in big rush we will execute customers in strict rotation.

That's a little harsh.

[galdur]

Hmm, that´s an optimistic guy on the bid

2015-01-05 11:27:08 1000000/1000000    ฿0.00045000    ฿450.0000

[Chris_Sabian]

Hmm, that´s an optimistic guy on the bid

2015-01-05 11:27:08 1000000/1000000    ฿0.00045000    ฿450.0000

They could almost be an AM board member with funds like that

[ajw7989]

Hmm, that´s an optimistic guy on the bid

2015-01-05 11:27:08 1000000/1000000    ฿0.00045000    ฿450.0000

anything is possible. We have seen gh price drop like a rock for a few seconds on many exchanges including CEX (when it was popular and not a ripoff) and hashnest.

[galdur]

Hmm, that´s an optimistic guy on the bid

2015-01-05 11:27:08 1000000/1000000    ฿0.00045000    ฿450.0000

anything is possible. We have seen gh price drop like a rock for a few seconds on many exchanges including CEX (when it was popular and not a ripoff) and hashnest.

Yep. The bid is very thin. Maybe 3-4% if that of the float gets dumped suddenly

and he´s at the top of the bid.

[stompysteve]

Hashrate taking a dump right now