AMHash1: Cost-Effective Mining Contract

[ddalex]

I am surprised that the price of AMHASH1 is too high now knowing that:

1) Friedcat said: "We will pause the transaction and dividends of AMHash from 10th February to 28th February"
2) The transactions are not paused
3) Friedcat did not said "We will pay the total of dividends for 10-28 February
  IF we restart in the beginning of March"
4) Havelock indicates a wrong 208.57% when dividend is 0.0 for 20 days
5) Friedcat disappeared: Last Active: January 26, 2015, 03:46:31 AM

https://www.havelockinvestments.com/fund.php?symbol=AMHASH1

[hdbuck]

I am surprised that the price of AMHASH1 is too high now knowing that:

1) Friedcat said: "We will pause the transaction and dividends of AMHash from 10th February to 28th February"
2) The transactions are not paused
3) Friedcat did not said "We will pay the total of dividends for 10-28 February
  IF we restart in the beginning of March"
4) Havelock indicates a wrong 208.57% when dividend is 0.0 for 20 days
5) Friedcat disappeared: Last Active: January 26, 2015, 03:46:31 AM

https://www.havelockinvestments.com/fund.php?symbol=AMHASH1

Bitcoin's magic

~mystic investment, with love.

[Puppet]

I am surprised that the price of AMHASH1 is too high now knowing that:

1) Friedcat said: "We will pause the transaction and dividends of AMHash from 10th February to 28th February"
2) The transactions are not paused
3) Friedcat did not said "We will pay the total of dividends for 10-28 February
  IF we restart in the beginning of March"
4) Havelock indicates a wrong 208.57% when dividend is 0.0 for 20 days
5) Friedcat disappeared: Last Active: January 26, 2015, 03:46:31 AM

https://www.havelockinvestments.com/fund.php?symbol=AMHASH1

TBH, none of those arguments should have any substantial influence on price.

I do share your surprise at the relatively high price though, but for quite different reasons. We're half way through Q1, Bitfury should be really close to deploying their next gen 28nm chip - its already overdue, but "imminent" according to their CEO (who btw recently bought Allied Control, the submersion cooling company AM was working with). Spondoolies should have their next gen out in this quarter and of course AM themselves seem close to releasing their next gen. All of these devices (and quite possibly some others I dont know about from bitmain, avalon or others) should achieve around 2J/GH which will cause network speed to roughly triple even at todays price, pulling AM1 divs below zero.

THe only reason I see to buy AM1 is as a bet that all these next gens will fail to perform anywhere near stated specs, or fail to materialize in meaningful numbers within the next ~6 months. Not a bet Im willing to make.

[runam0k]

Nothing wrong with the price of the shares at the moment.  If any of those manufacturers start mining with new machines within the next 12 days or so - that's a pretty HUGE if - we'll know all about it and the price of AMHash1 will understandably dip.

If they don't, buyers of shares now will get 18 days of dividends at the beginning of March and a stable share price.

[galdur]

Nothing wrong with the price of the shares at the moment.  If any of those manufacturers start mining with new machines within the next 12 days or so - that's a pretty HUGE if - we'll know all about it and the price of AMHash1 will understandably dip.

If they don't, buyers of shares now will get 18 days of dividends at the beginning of March and a stable share price.

Yeah, I guess they´re pretty fairly priced now. The dividend would be what, 550 at this BTC price. I´ll probably start buying some after the 20th or so.

[NotLambchop]

...
If they don't, buyers of shares now will get 18 days of dividends at the beginning of March and a stable share price.

Confirmed by Havelock, or by wishful thinking?

[ajw7989]

Nothing wrong with the price of the shares at the moment.  If any of those manufacturers start mining with new machines within the next 12 days or so - that's a pretty HUGE if - we'll know all about it and the price of AMHash1 will understandably dip.

If they don't, buyers of shares now will get 18 days of dividends at the beginning of March and a stable share price.

Yeah, I guess they´re pretty fairly priced now. The dividend would be what, 550 at this BTC price. I´ll probably start buying some after the 20th or so.

I would wait a little further down than the 20th. Wait until at least the next difficulty change thats what I am doing.

[galdur]

Nothing wrong with the price of the shares at the moment.  If any of those manufacturers start mining with new machines within the next 12 days or so - that's a pretty HUGE if - we'll know all about it and the price of AMHash1 will understandably dip.

If they don't, buyers of shares now will get 18 days of dividends at the beginning of March and a stable share price.

Yeah, I guess they´re pretty fairly priced now. The dividend would be what, 550 at this BTC price. I´ll probably start buying some after the 20th or so.

I would wait a little further down than the 20th. Wait until at least the next difficulty change thats what I am doing.

Good point but I figure the market will have priced in the diff change by the 20-21 or so since it takes place on the 23rd. Most likely it has has done so partly by now.

[runam0k]

...
If they don't, buyers of shares now will get 18 days of dividends at the beginning of March and a stable share price.

Confirmed by Havelock, or by wishful thinking?

100% confirmed by wishful thinking. If it was confirmed by Havelock, it would still be 99% confirmed by wishful thinking. Either way, I like the odds! But then I'm not gambling with much.

[TheRama]

I am surprised that the price of AMHASH1 is too high now knowing that:

1) Friedcat said: "We will pause the transaction and dividends of AMHash from 10th February to 28th February"
2) The transactions are not paused
3) Friedcat did not said "We will pay the total of dividends for 10-28 February
  IF we restart in the beginning of March"
4) Havelock indicates a wrong 208.57% when dividend is 0.0 for 20 days
5) Friedcat disappeared: Last Active: January 26, 2015, 03:46:31 AM

https://www.havelockinvestments.com/fund.php?symbol=AMHASH1

The Dividend Yield is annual return... it is correct.

[finbad]

http://lyle.smu.edu/~tylerm/fc15.pdf

[tsm13]

looks like the extra has now been priced in. I reckon we will have at least one fat finger/desperation buy/sell order before the dividends restart 

[galdur]

Another freakin Havelock outage. I´m beginning to get a little tired of this.

[HarmonLi]

I really don't think they'll be so naive and just go and put the mining equipment in hold for the time being. Sure, it's a bit of a gamble to invest now in anticipation of the incoming cumulated payouts but I'm merely talking about probabilities here.

[galdur]

Any news of Havelock ? Hope it hasn´t caught something bad this time.

[HarmonLi]

Any news of Havelock ? Hope it hasn´t caught something bad this time.

Was working fine for me 2 hours ago. Seems to be down now, though. I think they're merely experiencing the same old outages like always and you seem to be checking at exactly the wrong times

[galdur]

Any news of Havelock ? Hope it hasn´t caught something bad this time.

Was working fine for me 2 hours ago. Seems to be down now, though. I think they're merely experiencing the same old outages like always and you seem to be checking at exactly the wrong times

I´m not fucking checking it, I´m using it or at least trying to. That´s how I find out that it´s down.

[AllInBit]

Any news of Havelock ? Hope it hasn´t caught something bad this time.

Was working fine for me 2 hours ago. Seems to be down now, though. I think they're merely experiencing the same old outages like always and you seem to be checking at exactly the wrong times

I´m not fucking checking it, I´m using it or at least trying to. That´s how I find out that it´s down.

Down for an hour and half straight... sad

[galdur]

More like five hours now.

[Jayjay04]

working