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Author Topic: AMHash1: Cost-Effective Mining Contract  (Read 303994 times)
havelock
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November 17, 2014, 04:40:08 PM
 #321

The delay in dividends on Saturday Nov 15th was a one time issue that was resolved a few hours later.

We do apologize for the delay and we will work harder to make sure the delay will not happen again.

Thank you,

Havelock Investments

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troy112
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November 17, 2014, 06:34:04 PM
 #322

The delay in dividends on Saturday Nov 15th was a one time issue that was resolved a few hours later.

We do apologize for the delay and we will work harder to make sure the delay will not happen again.

Thank you,

Havelock Investments

I hope so! And you have to rethink that 0.001BTC withdrawal fees, this is after we pay transaction fees. Please consider this again..
MichaelBliss
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November 17, 2014, 11:02:19 PM
 #323

I hope so! And you have to rethink that 0.001BTC withdrawal fees, this is after we pay transaction fees. Please consider this again..

40 cents breaks the bank?   Quite the investment you have there if the 40 cents is worth even bringing up.   
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November 18, 2014, 04:53:53 AM
 #324

I hope so! And you have to rethink that 0.001BTC withdrawal fees, this is after we pay transaction fees. Please consider this again..

40 cents breaks the bank?   Quite the investment you have there if the 40 cents is worth even bringing up.   
IF you only have 1 withdrawl lets say every month then i guess you only loose $4.80 a year. Assuming the price does not go up like 10 fold. Now if you move lets say you move money 10 times a month then thats $48.00 or more depending on price. Lets say he moves money 50 times a month since ha makes so much or is sending to so many different wallets. I am sure he has his reason but i agree $0.40 cents like 1 or 2 times a month is ok

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November 18, 2014, 09:25:02 AM
 #325

40 cents breaks the bank?   Quite the investment you have there if the 40 cents is worth even bringing up.  

When the SEC gets around, they will seize Havelock. It's 100% illegal as they are facilitating trade of unregistered securities to US residents. Doesn't matter Canadian law, if your website is accessible to US residents you have to abide by US securities laws in addition to your local laws.

So if you are wise, you would withdraw from Havelock as frequent as you can. It's entirely reasonable to expect a fair withdrawal fee.

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November 18, 2014, 03:07:53 PM
 #326

40 cents breaks the bank?   Quite the investment you have there if the 40 cents is worth even bringing up.  

When the SEC gets around, they will seize Havelock. It's 100% illegal as they are facilitating trade of unregistered securities to US residents. Doesn't matter Canadian law, if your website is accessible to US residents you have to abide by US securities laws in addition to your local laws.

So if you are wise, you would withdraw from Havelock as frequent as you can. It's entirely reasonable to expect a fair withdrawal fee.

Havelock is based in Panama.  Their staff is in Panama.  Their website is based in Panama.

US law is not global law contrary to what the US thinks.

Nice try at FUD
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November 18, 2014, 03:14:31 PM
 #327

40 cents breaks the bank?   Quite the investment you have there if the 40 cents is worth even bringing up.  

When the SEC gets around, they will seize Havelock. It's 100% illegal as they are facilitating trade of unregistered securities to US residents. Doesn't matter Canadian law, if your website is accessible to US residents you have to abide by US securities laws in addition to your local laws.

So if you are wise, you would withdraw from Havelock as frequent as you can. It's entirely reasonable to expect a fair withdrawal fee.

They packed up and moved themselves to Panama a little while back--they aren't based in Canada anymore. Mind you, that doesn't mean the SEC won't try to interfere.

That being said, friedcat has already stated that there is a backup plan (probably direct shares) if havelock goes down for any reason, which makes this whole conversation a moot point. Cut off the head, two grow back, yada yada yada.

EDIT: Also, just noticed that this is Hashie bashing AMHash... There can't possibly be any conflict of interest going on.  Roll Eyes

Always use escrow. OgNasty is pretty sweet.

Help me out with compiling a list of mining datacenters!
Sine(X)
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November 18, 2014, 04:12:25 PM
 #328

Tell me someone please, how does AMHash have so low maintenance? Bitmain has 28nm miners, lower power consumption, but their maintenenance 40% more (0.69 vs 0.49 $/Ghs/month).
I respect FC, but last time some huge companies start to play against the rool (KNC, Bitmine, BFL), so its disturbing question
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November 18, 2014, 04:22:06 PM
 #329

Tell me someone please, how does AMHash have so low maintenance?

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November 18, 2014, 05:18:36 PM
 #330

@mabsark: not sure why you call me an idiot - i said nothing about AM reducing the GH value of a share by adding more - I said they were doing it by creating a second IPO that is  4% lower in price only days after the first IPO (and difficulty change has been less than that during this time), effectively underselling the buyers of the first IPO.

I couldn't care less about speculators trying to flip shares within a week. That's not why the service exists. It exists to put hashing power in the hands of people who want it without having to mess round trying to get miners to work or dealing with delivery issues.

finally, its probably safe to assume that AMHash1 and AMHash2 will not be freely interchangable - so rather than actually building to the promised 5PH in AMHash1, you will now see people pointlessly trying to arbitrage against AMHash2, since both assets have the exact same value (1GH) but different prices.

Havelock says otherwise.

The AMHASH2 Fund is a continuation of AMHASH1
Every unit you purchase from AMHASH2 will be swapped for AMHASH1 in your account.
You can continue to trade and receive dividends with those units right away.


It does not put any hashing power in there hands at all..they have a share of something that represents hashing power. It is not like regular cloud mining since you have 0 control of it. You pay some coins and hope that it makes you a profit. Personally I do not see how anyone but AM makes a profit from it unless you dump them the second you see a decent buy order.

How is it any different than the the hashlets you are advertising in your signature? That isn't real hashing power at all, its the idea of hashing power.

Oooo and if you pay extra money you can get a neat "skin" for your idea of a miner XD
xilatleo
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November 18, 2014, 05:19:31 PM
 #331

Tell me someone please, how does AMHash have so low maintenance? Bitmain has 28nm miners, lower power consumption, but their maintenenance 40% more (0.69 vs 0.49 $/Ghs/month).
I respect FC, but last time some huge companies start to play against the rool (KNC, Bitmine, BFL), so its disturbing question

I think thats because they operate it in Hongkong whick provide cheap electricity plus they installled huge cooling immersion system. This shstem is saving more energy than other cooling system Smiley
TheFuneral
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November 18, 2014, 05:22:18 PM
 #332

40 cents breaks the bank?   Quite the investment you have there if the 40 cents is worth even bringing up.  

When the SEC gets around, they will seize Havelock. It's 100% illegal as they are facilitating trade of unregistered securities to US residents. Doesn't matter Canadian law, if your website is accessible to US residents you have to abide by US securities laws in addition to your local laws.

So if you are wise, you would withdraw from Havelock as frequent as you can. It's entirely reasonable to expect a fair withdrawal fee.

Havelock is based in Panama.  Their staff is in Panama.  Their website is based in Panama.

US law is not global law contrary to what the US thinks.

Nice try at FUD

Can you prove their staff is in Panama and they aren't working remotely?
RoadStress
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November 18, 2014, 05:28:29 PM
 #333

Tell me someone please, how does AMHash have so low maintenance? Bitmain has 28nm miners, lower power consumption, but their maintenenance 40% more (0.69 vs 0.49 $/Ghs/month).
I respect FC, but last time some huge companies start to play against the rool (KNC, Bitmine, BFL), so its disturbing question

I think thats because they operate it in Hongkong whick provide cheap electricity plus they installled huge cooling immersion system. This shstem is saving more energy than other cooling system Smiley

At the cost of a huge upfront cost which is amortized in a couple of years.

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November 18, 2014, 07:17:54 PM
 #334

40 cents breaks the bank?   Quite the investment you have there if the 40 cents is worth even bringing up.  

When the SEC gets around, they will seize Havelock. It's 100% illegal as they are facilitating trade of unregistered securities to US residents. Doesn't matter Canadian law, if your website is accessible to US residents you have to abide by US securities laws in addition to your local laws.

So if you are wise, you would withdraw from Havelock as frequent as you can. It's entirely reasonable to expect a fair withdrawal fee.

Havelock is based in Panama.  Their staff is in Panama.  Their website is based in Panama.

US law is not global law contrary to what the US thinks.

Nice try at FUD

Can you prove their staff is in Panama and they aren't working remotely?
what does it matter if the staff is working remotely. It is like me i work remote but when people ask me where i work i have to by law tell them the state the company in not where i am at. I think it would be also like companies in usa who have certain parts of business outside to avoid IRS tax to a certain extent maybe they doing same?

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Dexter770221
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November 18, 2014, 08:50:49 PM
 #335

AMHASH2 vanished from havelock. AMHASH3 on monday @ 0.00115000?

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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November 18, 2014, 09:05:41 PM
 #336

AMHASH2 vanished from havelock. AMHASH3 on monday @ 0.00115000?

why would they sell so cheap when the price is actually rising? Smiley
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November 18, 2014, 09:12:35 PM
 #337

AMHASH2 vanished from havelock. AMHASH3 on monday @ 0.00115000?
wait what are you talking about amhash2 is gone already and they are going to do amhash3. Is this for real or is this some kind of joke cause i am over here wondering WTF if this amhash3 is true. I really need some proof please or link or something  Cry just please no troll answers or crap like that

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November 18, 2014, 09:15:54 PM
 #338

AMHASH2 vanished from havelock. AMHASH3 on monday @ 0.00115000?
wait what are you talking about amhash2 is gone already and they are going to do amhash3. Is this for real or is this some kind of joke cause i am over here wondering WTF if this amhash3 is true. I really need some proof please or link or something  Cry just please no troll answers or crap like that

It's no longer listed at https://www.havelockinvestments.com/, I assume it didn't sell as expected...

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November 18, 2014, 09:18:06 PM
 #339

why would they sell so cheap when the price is actually rising? Smiley

Because they are were selling about as much as, say, BFL currently?
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November 18, 2014, 09:18:46 PM
 #340

AMHASH2 vanished from havelock. AMHASH3 on monday @ 0.00115000?

why would they sell so cheap when the price is actually rising? Smiley

I think they were not satisfied with amshare 1 purchase after 1st ipo finish so they issue amshare 2 to let more people buy in. But as long as they pay dividend i have nothing to complain
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