Neo110
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January 15, 2015, 06:39:43 PM |
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Seems legit, but for me havelock market prices are really not understandable, yesterday divs was higher and prices above 00053,today divs are lower and prices are at 00064 and higher,makes no sense, even if btc price is better today
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pedrog
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January 15, 2015, 06:46:01 PM |
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Seems legit, but for me havelock market prices are really not understandable, yesterday divs was higher and prices above 00053,today divs are lower and prices are at 00064 and higher,makes no sense, even if btc price is better today
People anticipating the price of bitcoin will continue to rise... |
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Neo110
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January 15, 2015, 06:49:04 PM |
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Hopefully it will , high bitcoin price means lower maintenance fee and higher divs,right ?!
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pervezpasha
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January 15, 2015, 06:50:19 PM |
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Not really.  BitCoin! Is made to run out of Town? |
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DARKANGEL6415
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January 15, 2015, 07:02:27 PM |
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Why is today's payout lower than yesterday's? The BTC price went up in the meantime and yet the payout went down? How does that work!? I though it was derived from Bitstamp's mean daily price!
i seen that as well so i am a bit shocked, i will wait to see what tomorrow brings in the form of dividend payments. It should be higher i would assume if they running on 24 hour lag time. Well that is assuming bitcoin price dont go to like $250 by tomorrow cause they will throw off the whole thing will have to wait another day to confirm. Granted if bitcoin price went up $50 i would be happy so i would wait another day |
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Mabsark
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January 15, 2015, 07:05:27 PM |
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Hopefully it will , high bitcoin price means lower maintenance fee and higher divs,right ?!
Yes. The best circumstances though would be an increase in price and a decrease in difficulty. |
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Neo110
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January 15, 2015, 07:07:45 PM |
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Bitcoin Difficulty: 43,971,662,056
Estimated Next Difficulty: 43,296,703,506 (-1.53%)
GoGoGo^^
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HarmonLi
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Honest 80s business!
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January 15, 2015, 07:23:51 PM |
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Why is today's payout lower than yesterday's? The BTC price went up in the meantime and yet the payout went down? How does that work!? I though it was derived from Bitstamp's mean daily price!
Well then, wouldn't today's payout be based on the past 24 hours, and yesterdays payout would be based on the previous 24 hours. The last 24 hours have seen lower prices than the 24 hour before that. But the price has been higher for at least a day now. We should've seen the lowest rate with the last payment, already. But let's just wait and see what happens with the next payment tomorrow. I don't think AMHASH is scamming anyone  |
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sevenseas
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January 15, 2015, 07:35:36 PM |
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Cloud mining era seems to be disappear soon
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jawitech
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January 15, 2015, 07:54:46 PM
Last edit: January 15, 2015, 09:09:26 PM by jawitech |
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For the ones not familiar how AMHash calculates the dividends, here's the formula:
--
Payout calculation
Payouts are done daily.
The payout rate before fee subtraction is 25/ (difficulty * 4.295) BTC per unit per second.
The fee is 1.89*10^(-8) USD per unit per second. It will be subtracted from the pre-fee payout rate. The exchange rate is based on bitstamp.net 24h average.(=maintenance fee is $0.001551 per GH per day)
The total seconds of each payout is:
1. in the first payout, 3,600 * 24.
2. During normal payouts, the number of seconds during the most recent payout to this payout.
If there is a difficulty change between two payouts, the due payout will be calculated based on two different difficulties and their corresponding time intervals.
--
As the price started to increase approx. 20h ago, I guess they calculated with the lower price before. Where does bitstamp display the 24h average price?
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jawitech
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January 15, 2015, 07:57:58 PM |
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Cloud mining era seems to be disappear soon
That's why a lot of new ponzis / hyip / investment sites appear as people start to look for other investment types. No matter if cloud mining or other investments, in the end you mostly have less coins than before as they are run away with your funds or take profit from high fees. |
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Neo110
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January 15, 2015, 08:06:18 PM |
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Amhash was quite profitable for me before diff change,you just have to be smart when buying / selling your shares...but nobody tought that btc price would fall that much so profit in btc isnt profit in fiat, i keept hodling and didnt payout....if all people would calm down and not panic selling each day,prices would be more stable.
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l3sny
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January 15, 2015, 08:59:22 PM |
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I think the maintenance fee is $0.001551 not $0.00163 per GH per day
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jawitech
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January 15, 2015, 09:07:36 PM |
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I think the maintenance fee is $0.001551 not $0.00163 per GH per day
Yeah, sorry. I quoted the original data, they lowered the maint. fee a few weeks ago. Corrected it. |
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Mabsark
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January 15, 2015, 10:13:13 PM |
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The fee is $0.001551/Gh/day and the payout is 25 / (difficulty * 4.295) BTC/Gh/s The payout formula is just a simpler version of: Hash Rate * Block Reward * ((65535 / 2^48 ) / Difficulty) The block reward is 25 BTC. The hash rate is 1*10^9 h/s The current difficulty is 43971662056. An even simpler version is: 5.822 / Difficulty = x BTC/Gh/s Using the same equation as AM: 86400 * 25 / (43971662056 * 4.295) = 0.00001144 BTC For the 15th, the exchange price must have been: 0.001551 / (0.00001144 - 0.00000318) = 187.77 USD/BTC For the 14th, the exchange price must have been: 0.001551 / (0.00001144 - 0.00000351) = 195.59 USD/BTC |
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Dexter770221
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January 15, 2015, 10:31:48 PM |
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Curious how is average on bitstamp calculated. Using bitcoinwisdom site you can just zoom in/out to have whole day at screen and take max and min price, add it, divide by 2. Average at current hour is 197.5 = (161.1+233.9)/2
Anyone have account on bitstamp? Maybe there's average price showed in their new trading interface TradeView.
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Under development Modular UPGRADEABLE Miner (MUM). Looking for investors.
Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
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Mabsark
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January 15, 2015, 11:06:49 PM |
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The price on the 14th was 195.59 USD/BTC and the price on the 15th was 187.77 USD/BTC. Using the chart here, you can see that the payments were based on the price at 8am on both days. |
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xilatleo
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January 15, 2015, 11:21:15 PM |
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Anyone here have the trading bot that work for Amhash 1 on havelock? I cannot find one and unluckily I'm not IT base to create 1.
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HarmonLi
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Honest 80s business!
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January 16, 2015, 01:26:37 AM |
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Well in my books this still doesn't make too much sense, but whatever I'm sure they did the math right. What I still find highly interesting is that they're able to mine at current BTC prices and difficulty for a profit - with power-wasting gen 3 hardware(!!!) I can only imagine what they'll be able to do with gen 4!!! |
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Rizla2345
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January 16, 2015, 02:33:08 AM
Last edit: January 16, 2015, 03:20:39 AM by Rizla2345 |
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I bought 2 TH today when BTC seemed to show some signs of life on decent volume but soon got cold feet and dumped it all. Fortunately there was enough amount on the bid to eke out a profit of 2% or so.
Perhaps scalping some dust out of this mess is possible but anything significant, forget it. Unless by some miracle BTC suddenly snaps out of its longstanding moribound trend and stays that way for several days at least.
However; the stupidity of homo sapiens should never be underestimated. Clearly a new batch of idiots arrives at Havelock every day. Just watch them snap up B.SELL. Maybe if Havelock could be persuaded to display say 500% for AMHASH on their page the price would improve.
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