AMHash1: Cost-Effective Mining Contract

[skuser]

AMHASH shares are on the rise (0.00095). I think it will stabilize around .001 like I predicted earlier especially if btc price hits 300 which its on its way.

I'd like to share your optimism but with 20% dividend drop coming in 72 hours this price will be unsustainable at these levels because it would mean almost 6 months roi

[galdur]

AMHASH shares are on the rise (0.00095). I think it will stabilize around .001 like I predicted earlier especially if btc price hits 300 which its on its way.

I'd like to share your optimism but with 20% dividend drop coming in 72 hours this price will be unsustainable at these levels because it would mean almost 6 months roi

You know skuser, some of these threads can be quite useful sometimes.

Most are totally useless of course but this one and a few others, I make sure

I read everything that has been posted since I was there last.

[skuser]

AMHASH shares are on the rise (0.00095). I think it will stabilize around .001 like I predicted earlier especially if btc price hits 300 which its on its way.

I'd like to share your optimism but with 20% dividend drop coming in 72 hours this price will be unsustainable at these levels because it would mean almost 6 months roi

You know skuser, some of these threads can be quite useful sometimes.

Most are totally useless of course but this one and a few others, I make sure

I read everything that has been posted since I was there last.

OK what does it mean for me? Should I stop posting?

[galdur]

AMHASH shares are on the rise (0.00095). I think it will stabilize around .001 like I predicted earlier especially if btc price hits 300 which its on its way.

I'd like to share your optimism but with 20% dividend drop coming in 72 hours this price will be unsustainable at these levels because it would mean almost 6 months roi

You know skuser, some of these threads can be quite useful sometimes.

Most are totally useless of course but this one and a few others, I make sure

I read everything that has been posted since I was there last.

OK what does it mean for me? Should I stop posting?

No, I don´t see why you should stop posting. But maybe you should catch up on reading.

[Dexter770221]

AMHASH shares are on the rise (0.00095). I think it will stabilize around .001 like I predicted earlier especially if btc price hits 300 which its on its way.

I'd like to share your optimism but with 20% dividend drop coming in 72 hours this price will be unsustainable at these levels because it would mean almost 6 months roi

Yeah, sometimes is difficult to understand what causing price movements. Buying at that price is rather not wise.

[galdur]

AMHASH shares are on the rise (0.00095). I think it will stabilize around .001 like I predicted earlier especially if btc price hits 300 which its on its way.

I'd like to share your optimism but with 20% dividend drop coming in 72 hours this price will be unsustainable at these levels because it would mean almost 6 months roi

Yeah, sometimes is difficult to understand what causing price movements. Buying at that price is rather not wise.

Why do you figure it´s rather not wise ?

[Dexter770221]

AMHASH shares are on the rise (0.00095). I think it will stabilize around .001 like I predicted earlier especially if btc price hits 300 which its on its way.

I'd like to share your optimism but with 20% dividend drop coming in 72 hours this price will be unsustainable at these levels because it would mean almost 6 months roi

Yeah, sometimes is difficult to understand what causing price movements. Buying at that price is rather not wise.

Why do you figure it´s rather not wise ?

Diff raising, BTC price falling, new more efficient miners just behind a corner. ROI almost impossible when buying at that price. BID side of market depth is rather thin, if someone with ~1% of total shares decide to quit then price will dive sharp...

[galdur]

AMHASH shares are on the rise (0.00095). I think it will stabilize around .001 like I predicted earlier especially if btc price hits 300 which its on its way.

I'd like to share your optimism but with 20% dividend drop coming in 72 hours this price will be unsustainable at these levels because it would mean almost 6 months roi

Yeah, sometimes is difficult to understand what causing price movements. Buying at that price is rather not wise.

Why do you figure it´s rather not wise ?

Diff raising, BTC price falling, new more efficient miners just behind a corner. ROI almost impossible when buying at that price. BID side of market depth is rather thin, if someone with ~1% of total shares decide to quit then price will dive sharp...

It looks like diff. will increase maybe 3-4% so I think it´s attractive at .00095.

If that diff. holds and if BTC can avoid tanking from this level that´ll be a yield of

.7%/day which is a little higher than when AmHash3 was being sold (during IPO).

I think that´s reasonable.

[Neo110]

i think diff will rise about 8 percent on monday so dividends at 600 satoshi after diff change,so the market will regulate itself...whats about amhash4 ,any news?

[galdur]

i think diff will rise about 8 percent on monday so dividends at 600 satoshi after diff change,so the market will regulate itself...whats about amhash4 ,any news?

Difficulty is a function of hashrate.

Check bitcoinwisdom.com

The estmate is just some lagging noise.

Hashrate now 301,312,785 GH/s


On 12/30 290,919,288 GH/s


Estimated Next Difficulty (+9.91%), I doubt it.


But then again this stuff we´re being fed could be more or less crap.

[skuser]

i think diff will rise about 8 percent on monday so dividends at 600 satoshi after diff change,so the market will regulate itself...whats about amhash4 ,any news?

Difficulty is a function of hashrate.

Check bitcoinwisdom.com

The estmate is just some lagging noise.

Hashrate now 301,312,785 GH/s


On 12/30 290,919,288 GH/s


Estimated Next Difficulty (+9.91%), I doubt it.


But then again this stuff we´re being fed could be more or less crap.

The hashrate number shown is calculated from last 500 blocks and I advise not to follow it at all because it's too noisy (represents gray line on the chart). However the estimate percentage is calculated from all mined blocks in current difficulty plus some prediction. As we are only 450 blocks to go the prediction is quite correct - the difficulty will be adjusted according to green line on the chart (last 2016 blocks) and as you can see that line is   quite above red difficulty line so we will be very close to +10%
edit: in 9 months chart posted below the 504 blocks noisy hashrate is represented by blue line, not gray as in 2 months chart.

[galdur]

i think diff will rise about 8 percent on monday so dividends at 600 satoshi after diff change,so the market will regulate itself...whats about amhash4 ,any news?

Difficulty is a function of hashrate.

Check bitcoinwisdom.com

The estmate is just some lagging noise.

Hashrate now 301,312,785 GH/s


On 12/30 290,919,288 GH/s


Estimated Next Difficulty (+9.91%), I doubt it.


But then again this stuff we´re being fed could be more or less crap.

The hashrate number shown is calculated from last 500 blocks and I advise not to follow it at all because it's too noisy (represents gray line on the chart). However the estimate percentage is calculated from all mined blocks in current difficulty plus some prediction. As we are only 450 blocks to go the prediction is quite correct - the difficulty will be adjusted according to green line on the chart (last 2016 blocks) and as you can see that line is   quite above red difficulty line so we will be very close to +10%

We´ll have to see

[galdur]

Well, if this is ends up so I guess it´s back to dividend 600 projections

and praying that BTC doesn´t tank in the next 72 hours.

[Chris_Sabian]

Galdur,

Iis posting here your full time job or something?  Many of the threads that I follow has you as the lasted replay.  Always.
You have a unique way of adding an enter between each line of reply.  Since you joined at ~150 days ago with 1872 posts, that is ~12 posts / day
There is very little change in your posting between hours of the day as well.

https://bitcointalk.org/index.php?action=profile;u=359152;sa=statPanel
https://bitcointalk.org/index.php?action=profile;u=359152

[HarmonLi]

The hash rate really has gone completely crazy... What was this insane run-up? Bitmain people say? People pointing their gear back to Bitcoin mining? But why is it ebbing down again? Bitcoin never seizes to amaze me!

[galdur]

If this difficulty bubble continues I don´t really see much future

for the cloud mining industry, at least the legitimate part of it.

They´ll have to lower rates to adjust to the constantly falling

yield. If difficulty rises by .7%/day for weeks or months how long

can that go on. It´s another very weird feature of this BTC

marketplace that has an urge for self-destruction. First, "self regulated"

marketplace of the product which means that is becomes totally scam-ridden

and therefore without any interest, confidence or volume to speak of.

Second, uncontrolled mining where the players price themselves down and out of

business at an accelerating rate. But that´s all right for them I guess

because I´m sure they´ll be short their own product all the way down.

Screw the customers.

[HarmonLi]

If this difficulty bubble continues I don´t really see much future

for the cloud mining industry, at least the legitimate part of it.

They´ll have to lower rates to adjust to the constantly falling

yield. If difficulty rises by .7%/day for weeks or months how long

can that go on. It´s another very weird feature of this BTC

marketplace that has an urge for self-destruction. First, "self regulated"

marketplace of the product which means that is becomes totally scam-ridden

and therefore without any interest, confidence or volume to speak of.

Second, uncontrolled mining where the players price themselves down and out of

business at an accelerating rate. But that´s all right for them I guess

because I´m sure they´ll be short their own product all the way down.

Screw the customers.

Well, we've seen far worse increases back in 2013 when all the first ASICs hit the market. If you ignore the development of the last week or so, we've practically seen a stalling of the hash rate growing. Also it can only continue to grow in this way if the BTC recovers at least to a certain extent.

[galdur]

Galdur,

Iis posting here your full time job or something?  Many of the threads that I follow has you as the lasted replay.  Always.
You have a unique way of adding an enter between each line of reply.  Since you joined at ~150 days ago with 1872 posts, that is ~12 posts / day
There is very little change in your posting between hours of the day as well.

https://bitcointalk.org/index.php?action=profile;u=359152;sa=statPanel
https://bitcointalk.org/index.php?action=profile;u=359152

The internet is my full time job. I´m into this and that.

Stocks, websites, this bitcoin thing etc. All sorts of things

really. Only 12 posts a day here ? Well, maybe i should

turn it down somewhere else.

The spacing ? Merely to bug people that can´t stand that.

I pretend to be crazy in order to drive you crazy.

[HarmonLi]

Galdur,

Iis posting here your full time job or something?  Many of the threads that I follow has you as the lasted replay.  Always.
You have a unique way of adding an enter between each line of reply.  Since you joined at ~150 days ago with 1872 posts, that is ~12 posts / day
There is very little change in your posting between hours of the day as well.

https://bitcointalk.org/index.php?action=profile;u=359152;sa=statPanel
https://bitcointalk.org/index.php?action=profile;u=359152

The internet is my full time job. I´m into this and that.

Stocks, websites, this bitcoin thing etc. All sorts of things

really. Only 12 posts a day here ? Well, maybe i should

turn it down somewhere else.

The spacing ? Merely to bug people that can´t stand that.

I pretend to be crazy in order to drive you crazy.

You've gotten people to analyze your posting-behavior so I guess you've successfully accomplished exactly that    I believe peoples' mood will get better if as soon as the price of AM and BTC goes up again.

[galdur]

If this difficulty bubble continues I don´t really see much future

for the cloud mining industry, at least the legitimate part of it.

They´ll have to lower rates to adjust to the constantly falling

yield. If difficulty rises by .7%/day for weeks or months how long

can that go on. It´s another very weird feature of this BTC

marketplace that has an urge for self-destruction. First, "self regulated"

marketplace of the product which means that is becomes totally scam-ridden

and therefore without any interest, confidence or volume to speak of.

Second, uncontrolled mining where the players price themselves down and out of

business at an accelerating rate. But that´s all right for them I guess

because I´m sure they´ll be short their own product all the way down.

Screw the customers.

Well, we've seen far worse increases back in 2013 when all the first ASICs hit the market. If you ignore the development of the last week or so, we've practically seen a stalling of the hash rate growing. Also it can only continue to grow in this way if the BTC recovers at least to a certain extent.

I certainly hope you´re right. But wasn´t the yield much higher

back there in 2013 ? And of course the cost of equipment and

mining contracts. Now it´s much closer to zero. One GH costs

typically what .001 plus or minus ? Unless difficulty levels off

that zero can approach pretty quickly