AMHash1: Cost-Effective Mining Contract

[xhomerx10]

got my investment back and i still own 6TH. ROI and profit achieved within 30days. good luck folks!

edit: My bad, 5TH not 6TH

 How much did you start with?!  Must have been a lot.

[DARKANGEL6415]

got my investment back and i still own 6TH. ROI and profit achieved within 30days. good luck folks!

edit: My bad, 5TH not 6TH

 How much did you start with?!  Must have been a lot.

i was thinking that myself on the amount of start up, to be able to roi in 30 days means you got alot power or got something for free to help ofset costs. In any case good stuff on roi so fast

[Sine(X)]

Prisma's are more efficient than that. Around 0.7W/GH
And I have no idea how much they actually pay, my point is that if these large mines pay less than 0.06 (which is a safe assumption), then difficulty isnt going down anytime soon.

S4 is more efficient than Prisma.
Quality of these miners is not good in both of cases

So where is a secret (or magic as amhash told) of low electricity price? Why amhash don't answer? It's not confidential information, only if they have legal electricity Otherwise investments in amhash are too risky. It's impossible in China has legal electricity for 3-4 c/kwh.
As a cutomer I want to buy hashrate from the manufacturer. I think soon we will see new cloud mining services, Spondoolies has already announced, we'll see.

[xhomerx10]

got my investment back and i still own 6TH. ROI and profit achieved within 30days. good luck folks!

edit: My bad, 5TH not 6TH

 How much did you start with?!  Must have been a lot.

i was thinking that myself on the amount of start up, to be able to roi in 30 days means you got alot power or got something for free to help ofset costs. In any case good stuff on roi so fast

 My guess is around 50 BTC invested based on the dividends paid and the bid/asks.  Nice to see though - not many people making money on mining these days.

[elasticband]

got my investment back and i still own 6TH. ROI and profit achieved within 30days. good luck folks!

edit: My bad, 5TH not 6TH

 How much did you start with?!  Must have been a lot.

At max i had around 35 - 36TH after amhash2 IPO about 12TH were bought in AMhash1 but about 6TH were sold between amhash1 and amhash2 and some were bought during what i saw as price drops, basically a bit of trading & the help of dividends.....

edit: after updating the spreadsheet, it's more about 4.25TH, I am actually about 0.9BTC away from ROI, still about 10% profit from the BTC invested in 30days.

[corygto]

Prisma's are more efficient than that. Around 0.7W/GH
And I have no idea how much they actually pay, my point is that if these large mines pay less than 0.06 (which is a safe assumption), then difficulty isnt going down anytime soon.

S4 is more efficient than Prisma.
Quality of these miners is not good in both of cases

So where is a secret (or magic as amhash told) of low electricity price? Why amhash don't answer? It's not confidential information, only if they have legal electricity Otherwise investments in amhash are too risky. It's impossible in China has legal electricity for 3-4 c/kwh.
As a cutomer I want to buy hashrate from the manufacturer. I think soon we will see new cloud mining services, Spondoolies has already announced, we'll see.

Immersion cooling. Read the thread buddy.

[stompysteve]

got my investment back and i still own 6TH. ROI and profit achieved within 30days. good luck folks!

edit: My bad, 5TH not 6TH

not bad

[jimmothy]

Prisma's are more efficient than that. Around 0.7W/GH
And I have no idea how much they actually pay, my point is that if these large mines pay less than 0.06 (which is a safe assumption), then difficulty isnt going down anytime soon.

S4 is more efficient than Prisma.
Quality of these miners is not good in both of cases

So where is a secret (or magic as amhash told) of low electricity price? Why amhash don't answer? It's not confidential information, only if they have legal electricity Otherwise investments in amhash are too risky. It's impossible in China has legal electricity for 3-4 c/kwh.
As a cutomer I want to buy hashrate from the manufacturer. I think soon we will see new cloud mining services, Spondoolies has already announced, we'll see.

Why are you assuming that Bitmain is offering the best possible rate?

AM prisma is 0.8w/gh so 1.633/24/0.8 = 0.085/kwh. Not sure how you came up with .03-.04/kwh.

[gogxmagog]

You'd probably want to be clear that your company isn't BASICMiner when introducing it to new people.

Haha, you are right, we need to do some logo design, thanks very much!!!!!
[/quote]

+1
that is the first thing I noticed when I saw the photo. I almost spit coffee all over my computer before I realized it was just poor design, maybe a language barrier thing... remove the BTC (its probably stick-on vinyl) and you will be fine. put a bitcoin logo somewhere else...although, being at a "bitcoin summit" I doubt anyone will assume you are mining doge.

but yeah, Basic Miner...bad!

[amhash]

Prisma's are more efficient than that. Around 0.7W/GH
And I have no idea how much they actually pay, my point is that if these large mines pay less than 0.06 (which is a safe assumption), then difficulty isnt going down anytime soon.

S4 is more efficient than Prisma.
Quality of these miners is not good in both of cases

So where is a secret (or magic as amhash told) of low electricity price? Why amhash don't answer? It's not confidential information, only if they have legal electricity Otherwise investments in amhash are too risky. It's impossible in China has legal electricity for 3-4 c/kwh.
As a cutomer I want to buy hashrate from the manufacturer. I think soon we will see new cloud mining services, Spondoolies has already announced, we'll see.

We replied these questions days ago, pay attention to the former thread quote.Reply you the last time:
3-4c/kwh in china is only few people can get it, fortunately, we are the luck one.
We also cost down the farm management, what the last and most important is our lowest miner cost.

[DARKANGEL6415]

got my investment back and i still own 6TH. ROI and profit achieved within 30days. good luck folks!

edit: My bad, 5TH not 6TH

 How much did you start with?!  Must have been a lot.

At max i had around 35 - 36TH after amhash2 IPO about 12TH were bought in AMhash1 but about 6TH were sold between amhash1 and amhash2 and some were bought during what i saw as price drops, basically a bit of trading & the help of dividends.....

edit: after updating the spreadsheet, it's more about 4.25TH, I am actually about 0.9BTC away from ROI, still about 10% profit from the BTC invested in 30days.

hell that is still a good time frame so i say you will roi maybe in less than 10 days. I am just assuming numbers not doing any actual math so for all i know you might roi tomorrow or by monday

[elasticband]

My guess is around 50 BTC invested based on the dividends paid and the bid/asks.  Nice to see though - not many people making money on mining these days.

It was actually more like 42BTC with a yield of 10% on investment.

hell that is still a good time frame so i say you will roi maybe in less than 10 days. I am just assuming numbers not doing any actual math so for all i know you might roi tomorrow or by monday

I sold 750GH last night which brought me to the point of full return on my investment and i still own 4.25THps, free hashrate.

[xhomerx10]

My guess is around 50 BTC invested based on the dividends paid and the bid/asks.  Nice to see though - not many people making money on mining these days.

It was actually more like 42BTC with a yield of 10% on investment.

hell that is still a good time frame so i say you will roi maybe in less than 10 days. I am just assuming numbers not doing any actual math so for all i know you might roi tomorrow or by monday

I sold 750GH last night which brought me to the point of full return on my investment and i still own 4.25THps, free hashrate.

 Excellent!  I want to send you my coins now so you can multiply them for me.  I'm only good at division and subtraction with Bitcoin

[Puppet]

I want to bet on the next diff rise which is in ~7 days. I say it will be below 0.

ok, so the bet I proposed. You're on, 0.1 BTC, I say it will be above 0.

(And if its precisely zero, I suggest we both donate to a charity :p)

Time to turn on my 100PH machine!

Ok.

Damn this is proving an exciting bet.

Bitcoin Difficulty:   40,300,030,328
Estimated Next Difficulty:   40,253,144,000 (-0.12%)

Even if I lose, its money well spent just for entertainment purpose

FWIW, I do expect to lose. I think bitcoinwisdom is extrapolating the recent spike in to a trend, and Im not convinced there is such trend, might as well be random noise. If I check blockexplorer, which just averages without assuming a trend, its predicting  39.8B. So my 100PH machine better start delivering some blocks to make up for that shortfall :p.

[xhomerx10]

I want to bet on the next diff rise which is in ~7 days. I say it will be below 0.

ok, so the bet I proposed. You're on, 0.1 BTC, I say it will be above 0.

(And if its precisely zero, I suggest we both donate to a charity :p)

Time to turn on my 100PH machine!

Ok.

Damn this is proving an exciting bet.

Bitcoin Difficulty:   40,300,030,328
Estimated Next Difficulty:   40,253,144,000 (-0.12%)

Even if I lose, its money well spent just for entertainment purpose

FWIW, I do expect to lose. I think bitcoinwisdom is extrapolating the recent spike in to a trend, and Im not convinced there is such trend, might as well be random noise. If I check blockexplorer, which just averages without assuming a trend, its predicting  39.8B. So my 100PH machine better start delivering some blocks to make up for that shortfall :p.

It's very exciting.  I'm thinking of putting my 40 AM USB block erupters back in service for a little bump
What's it worth to you for me to keep them offline??

 

[RoadStress]

Damn this is proving an exciting bet.

I agree.

[DARKANGEL6415]

I want to bet on the next diff rise which is in ~7 days. I say it will be below 0.

ok, so the bet I proposed. You're on, 0.1 BTC, I say it will be above 0.

(And if its precisely zero, I suggest we both donate to a charity :p)

Time to turn on my 100PH machine!

Ok.

Damn this is proving an exciting bet.

Bitcoin Difficulty:   40,300,030,328
Estimated Next Difficulty:   40,253,144,000 (-0.12%)

Even if I lose, its money well spent just for entertainment purpose

FWIW, I do expect to lose. I think bitcoinwisdom is extrapolating the recent spike in to a trend, and Im not convinced there is such trend, might as well be random noise. If I check blockexplorer, which just averages without assuming a trend, its predicting  39.8B. So my 100PH machine better start delivering some blocks to make up for that shortfall :p.

I tried to join in on the bet saying would go down but never got answer to my 2 posts. So i assume you was not interested puppet so i just moved on lol. I still do hope diff goes down well not hope but think it will go down.

[Mabsark]

Well shit,

AMHash is cheaper per GHs over at Hashie, and you get 10 GHs free to sign-up

Of course it is. Unlike AMHash, Hashie is actually trying to sell AMHash contracts.

[DARKANGEL6415]

Well shit,

AMHash is cheaper per GHs over at Hashie, and you get 10 GHs free to sign-up

Of course it is. Unlike AMHash, Hashie is actually trying to sell AMHash contracts.

See that just blows my mind why are they not trying to sell amhash more productice on havelock website. I rather deal with havelock direct but i only say that cause i am  worried hashie is to new of a company with no reputation. 

[RoadStress]

Time to turn on my 100PH machine!

It seems like you kept it as a surprise for the last days.