AMHash1: Cost-Effective Mining Contract

[Chris_Sabian]

Id still like to know how AMhash would handle hashie running off with customers money. Who owns the hashrate, hashie or its customers? If the latter, how can people know hashie forwarded you the btc and/or credentials so you can honor the contract even in absence of hashie?

Also, do you know for sure the identity of the person(s)  behind hashie? Are you vouching for them being a legitimate business, and if not, who's (braindead) idea was it to use them as reseller?

Hashie has already deleted the referral table. I'm worried that they might as well delete the hashpower table anytime.

I have no trust for Hashie.  They are completely unknown.  I hope that AM has information about who these people are.

[DARKANGEL6415]

How is 800 satoshi/gh bad? At gaw I'm getting ~720 satoshi/gh, plus my hashlets are reselling for 45% less than what I bought them after selling fees. At amhash I'm getting ~820 (13% more), the gh cost me half the price and my investment can be resold for just 8% less than what I initially paid after selling fees.

Well, compared to cow dung horse shit isn´t so bad.

I don't get you--the payouts are calculated according to a formula which is transparent. Anyone can calculate what the payouts are, day to day. When you buy shares in AMHASH, there is absolutely zero ambiguity of what you're getting into... What do you expect? No maintenance fees? Magically increasing hashrate like LTCGear? Guaranteed returns?

Zero ambiguity? How the heck do you know?

It´s being sold in freakin Panama outside of the

reach of U.S. securities regulators.

Haha, it's pretty obvious I meant zero ambiguity when it comes to how payouts are calculated.  

Hey, if you want to change the subject midway through the convo (to something which has nothing to do with expected payouts), go ahead. AMHASH1 is traded on an exchange based in Panama, true. You can also buy direct shares if you want. RM doesn't want to build their own website to sell their security to smaller buyers, so they run it through a trusted third party. Do you really expect this enterprise to be traded on the NYSE?

It seems like you're just devoting your time to bashing cloud mining companies which aren't in your signature.

i really dont worry much about them being based in panama. In my opinion they are not all like we in panama but only americans can buy this stuff. The fact they in like Panama means countries that they would not be able to work with if they was in the USA is a good thing in their eyes " more customers ". Also i have noticed some stuff they offer on havelock states if you in the usa wanting to invest you got to contact them so they can sell to you for usa customers.

[hdbuck]

No, I wouldn´t expect it to be traded on NYSE obviously.

And I understand why these unregistered securities have

to be traded outside of the reach of the SEC.

lool poor US sheepy.. urging SEC to approve his dumbass bitcoin trades.

IM FUCKING GLAD HAVELOCK IS LOCATED IN PANAMA.

[Neo110]

If i buy on december 10th at 11:00 am havelock time, will i get dividens for that day at 12 am?

[Dexter770221]

If i buy on december 10th at 11:00 am havelock time, will i get dividens for that day at 12 am?

AMHASH1 yes, AMHASH3 propably not.

[DARKANGEL6415]

If i buy on december 10th at 11:00 am havelock time, will i get dividens for that day at 12 am?

AMHASH1 yes, AMHASH3 propably not.

You never know if it is 11 hours before they do divined so they may shock us and pay out for that day never know even if it is only has pmt?

[elasticband]

If i buy on december 10th at 11:00 am havelock time, will i get dividens for that day at 12 am?

AMHASH1 yes, AMHASH3 propably not.

You never know if it is 11 hours before they do divined so they may shock us and pay out for that day never know even if it is only has pmt?

It is actually 1hr before divs are normally paid to Amhash1 holders

[Mabsark]

If i buy on december 10th at 11:00 am havelock time, will i get dividens for that day at 12 am?

AMHASH1 yes, AMHASH3 propably not.

You never know if it is 11 hours before they do divined so they may shock us and pay out for that day never know even if it is only has pmt?

It is actually 1hr before divs are normally paid to Amhash1 holders

Actually, 12 am doesn't make sense. From NIST:

Are noon and midnight 12 a.m. or 12 p.m.?

    This is perhaps the trickiest time question of them all. The best answer is that the terms 12 a.m. and 12 p.m. cause confusion and should not be used.

    To illustrate this, consider that "a.m." and "p.m." are abbreviations for "ante meridiem" and "post meridiem." They mean "before noon" and "after noon," respectively. Of course, noon is neither before nor after noon; it is simply noon. Therefore, neither the "a.m." nor "p.m." designation is correct. On the other hand, midnight is both 12 hours before noon and 12 hours after noon. Therefore, either 12 a.m. or 12 p.m. could work as a designation for midnight, but both would be ambiguous.

    To get around the problem, the terms 12 noon and 12 midnight should be used instead of 12 a.m. and 12 p.m. For example, a bank might be open on Saturday from 8 a.m. to noon. Or, a grocery store might be open daily until midnight. If you are making schedules, times such as 12:01 a.m. (one minute after midnight), or 11:59 p.m. (one minute before midnight) also can eliminate ambiguity. This method is used by the railroads and airlines.

[DARKANGEL6415]

If i buy on december 10th at 11:00 am havelock time, will i get dividens for that day at 12 am?

AMHASH1 yes, AMHASH3 propably not.

You never know if it is 11 hours before they do divined so they may shock us and pay out for that day never know even if it is only has pmt?

It is actually 1hr before divs are normally paid to Amhash1 holders

1 hour? ok i guess i seen the time difference wrong my bad, well i guess we will have to wait till the next day it is no big deal for me as i am small fish but i am sure for bigger players they might have a problem with that. Like i said maybe they will consider doing like partial payments but never know 

[elasticband]

If i buy on december 10th at 11:00 am havelock time, will i get dividens for that day at 12 am?

AMHASH1 yes, AMHASH3 propably not.

You never know if it is 11 hours before they do divined so they may shock us and pay out for that day never know even if it is only has pmt?

It is actually 1hr before divs are normally paid to Amhash1 holders

1 hour? ok i guess i seen the time difference wrong my bad, well i guess we will have to wait till the next day it is no big deal for me as i am small fish but i am sure for bigger players they might have a problem with that. Like i said maybe they will consider doing like partial payments but never know 

you never know

2014-11-12 12:33:07   transferin   73      AMHASH1   Transfer in   ฿3.75182444
2014-11-12 12:33:05   buyback   73   ฿0.00000000   AMHASH2   ฿0.00000000      ฿3.75182444
2014-11-12 12:32:18   buyipo   73   ฿0.00120000   AMHASH2      ฿0.08760000   ฿3.75182444

2014-11-12 11:01:00   transferin   19      AMHASH1   Transfer in   ฿3.28432809
2014-11-12 11:00:47   buyback   19   ฿0.00000000   AMHASH2   ฿0.00000000      ฿3.28432809
2014-11-12 10:55:08   buyipo   19   ฿0.00120000   AMHASH2      ฿0.02280000   ฿3.28432809

[DARKANGEL6415]

If i buy on december 10th at 11:00 am havelock time, will i get dividens for that day at 12 am?

AMHASH1 yes, AMHASH3 propably not.

You never know if it is 11 hours before they do divined so they may shock us and pay out for that day never know even if it is only has pmt?

It is actually 1hr before divs are normally paid to Amhash1 holders

1 hour? ok i guess i seen the time difference wrong my bad, well i guess we will have to wait till the next day it is no big deal for me as i am small fish but i am sure for bigger players they might have a problem with that. Like i said maybe they will consider doing like partial payments but never know 

you never know

2014-11-12 12:33:07   transferin   73      AMHASH1   Transfer in   ฿3.75182444
2014-11-12 12:33:05   buyback   73   ฿0.00000000   AMHASH2   ฿0.00000000      ฿3.75182444
2014-11-12 12:32:18   buyipo   73   ฿0.00120000   AMHASH2      ฿0.08760000   ฿3.75182444

2014-11-12 11:01:00   transferin   19      AMHASH1   Transfer in   ฿3.28432809
2014-11-12 11:00:47   buyback   19   ฿0.00000000   AMHASH2   ฿0.00000000      ฿3.28432809
2014-11-12 10:55:08   buyipo   19   ฿0.00120000   AMHASH2      ฿0.02280000   ฿3.28432809

we can only hope, but i do know one thing for sure and that is i am sure we will have another drop in bitcoin difficulty rate go down again here in next cycle. I hope it drops like a good 5% lol i would want 10% but that is just being greedy lol. This little fish is enjoying drop from last time. 

[rudi]

"AMHash cut down the maintenance fee from $1.633/TH/DAY to $1.551/TH/DAY."

Wow!

amhash: Is this true? Then why isn't your website updated accordingly? The prospectus on Havelock should be updated, too.

[amhash]

"AMHash cut down the maintenance fee from $1.633/TH/DAY to $1.551/TH/DAY."

Wow!

amhash: Is this true? Then why isn't your website updated accordingly? The prospectus on Havelock should be updated, too.

Yes, actually we just released $1.551 directly on official web:
http://amhash.com/pricing.htm

If i buy on december 10th at 11:00 am havelock time, will i get dividens for that day at 12 am?

We pay every order on time,there is announcement time and pay-out time. We released the calculation of dividends everyone can check it, we are transparent all the time.
Last dividend is higher than this time for the average BTC price was higher.

[newIndia]

"AMHash cut down the maintenance fee from $1.633/TH/DAY to $1.551/TH/DAY."

Wow!

amhash: Is this true? Then why isn't your website updated accordingly? The prospectus on Havelock should be updated, too.

Yes, actually we just released $1.551 directly on official web:
http://amhash.com/pricing.htm

-snip-

I was checking...



Is it possible to represent all amounts in BTC ?

[willBTC]

Anyone interested in group buy ？ I want to buy 50T, so we can together buy 120T for 5% bonus.
Anyone interested can PM me.

[hdbuck]

Anyone interested in group buy ？ I want to buy 50T, so we can together buy 120T for 5% bonus.
Anyone interested can PM me.

check out there:

Maybe someone organize a passthrough (groupbuy) on Havelock to get that 5% extra? Of course with some fee like 0,5%, it's daily job after all to transfer from one account to another.

Done. Alas, 0.5% won't be worth the hassle.

https://bitcointalk.org/index.php?topic=883986.0

[Puppet]

AMHAsh, can you please address this question:

Id still like to know how AMhash would handle hashie running off with customers money. Who owns the hashrate, hashie or its customers? If the latter, how can people know hashie forwarded you the btc and/or credentials so you can honor the contract even in absence of hashie?

Also, do you know for sure the identity of the person(s)  behind hashie? Are you vouching for them being a legitimate business, and if not, who's (braindead) idea was it to use them as reseller?

I rated AMhash top scores for credibility, but at the same time you are associated with and relying on a company that I had to give pretty much the same credibility rating as 3 ponzi's that have recently collapsed. If this doesnt get cleared up, Im going to have to take this in to account.

[DARKANGEL6415]

"AMHash cut down the maintenance fee from $1.633/TH/DAY to $1.551/TH/DAY."

Wow!

amhash: Is this true? Then why isn't your website updated accordingly? The prospectus on Havelock should be updated, too.

Yes, actually we just released $1.551 directly on official web:
http://amhash.com/pricing.htm

If i buy on december 10th at 11:00 am havelock time, will i get dividens for that day at 12 am?

We pay every order on time,there is announcement time and pay-out time. We released the calculation of dividends everyone can check it, we are transparent all the time.
Last dividend is higher than this time for the average BTC price was higher.

Ok thanks for the information and updates, i will be looking for the new amhash3 shares to come out i am sure other people on here are also waiting or already have some

[elasticband]

havelock seems under heavy  load...... 

[runam0k]

havelock seems under heavy  load...... 

I'd love to know what constitutes "heavy load" from Havelock's perspective. 10 unique users? 100?