AMHash1: Cost-Effective Mining Contract

[stompysteve]

Dividends dropped, as someone who is not a veteran in the investing world, why would this happen, or does that mean there is a downward trend and it is a good time to sell ?

if the difficulty keeps dropping its a good time to invest in mining, as long at btc price doesnt drastically drop

[1714968415]

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[elasticband]

Dividends dropped, as someone who is not a veteran in the investing world, why would this happen, or does that mean there is a downward trend and it is a good time to sell ?

bitcoin $ price dropped. this effects the amount of BTC we pay in maintenance, simple.

[elasticband]

Dividends dropped, as someone who is not a veteran in the investing world, why would this happen, or does that mean there is a downward trend and it is a good time to sell ?

if the difficulty keeps dropping its a good time to invest in mining, as long at btc price doesnt drastically drop

you do know the bitcoin price has dropped more so thn the difficulty in the last month.... kind of a contradiction to what your saying.

[ujka]

Dividends dropped, as someone who is not a veteran in the investing world, why would this happen, or does that mean there is a downward trend and it is a good time to sell ?

Dividends dropped, because BTC dropped in value last 4 days ($360 --> $310). Maintenance cost is calculated on average Bitstamp price of BTC for every day.

[DARKANGEL6415]

Dividends dropped, as someone who is not a veteran in the investing world, why would this happen, or does that mean there is a downward trend and it is a good time to sell ?

Dividends dropped, because BTC dropped in value last 4 days ($360 --> $310). Maintenance cost is calculated on average Bitstamp price of BTC for every day.

yeah i figured as much seems like btc prices tend to drop more during the holidays 

[plasma1010]

Dividends dropped, as someone who is not a veteran in the investing world, why would this happen, or does that mean there is a downward trend and it is a good time to sell ?

Dividends dropped, because BTC dropped in value last 4 days ($360 --> $310). Maintenance cost is calculated on average Bitstamp price of BTC for every day.

Oh damn, I didn't realize how drastically it dropped in the past few days. I don't look at it every single day, last I looked on Monday I think it was still $350.

[stompysteve]

Dividends dropped, as someone who is not a veteran in the investing world, why would this happen, or does that mean there is a downward trend and it is a good time to sell ?

if the difficulty keeps dropping its a good time to invest in mining, as long at btc price doesnt drastically drop

you do know the bitcoin price has dropped more so thn the difficulty in the last month.... kind of a contradiction to what your saying.

as long as btc price doesnt keep dropping from where it is right now, like as long as it stays above $300 I guess. If it makes it down to $200 and the difficulty doesnt drastically drop as well then its going to be unprofitable.

[AirWolf]

My most important concern is to be able to get out or get in as in the hashnet market, havelock is good, however i'm in for large quantities so if buying in havelock i have 5% bonus for buying 100TH/S not 6% as directly with AMhash, what i like from havelock is the ability to sell my positions in case i need it.

then go for  havelock. no need the drama of loosing 1% bonus, especially when buying 100Th. the more important being you could take a dump when you feel like it.

You right, after my PBmining brush-with-the-abyss, that takes precedence big time.

[Icon]

Hello,

I have a question: If i buy some units of AMHASH directly at their website (not havelockinvestments.com) and later i want to sell them, how do i that?

We will open the tranfer later.Then you can tranfer your shares to Havelock or Hashie.

Does that mean, say i have shares on havelock i can transfer them to hashie or vice versa?

Icon

[DARKANGEL6415]

Dividends dropped, as someone who is not a veteran in the investing world, why would this happen, or does that mean there is a downward trend and it is a good time to sell ?

if the difficulty keeps dropping its a good time to invest in mining, as long at btc price doesnt drastically drop

you do know the bitcoin price has dropped more so thn the difficulty in the last month.... kind of a contradiction to what your saying.

as long as btc price doesnt keep dropping from where it is right now, like as long as it stays above $300 I guess. If it makes it down to $200 and the difficulty doesnt drastically drop as well then its going to be unprofitable.

$200 i thought someone else posted as long as it dont drop below $132 at current difficulty should be be making profint on miners we are using / buying i may be wrong but i am sure that is what was said 

[xhomerx10]

Dividends dropped, as someone who is not a veteran in the investing world, why would this happen, or does that mean there is a downward trend and it is a good time to sell ?

if the difficulty keeps dropping its a good time to invest in mining, as long at btc price doesnt drastically drop

you do know the bitcoin price has dropped more so thn the difficulty in the last month.... kind of a contradiction to what your saying.

as long as btc price doesnt keep dropping from where it is right now, like as long as it stays above $300 I guess. If it makes it down to $200 and the difficulty doesnt drastically drop as well then its going to be unprofitable.

$200 i thought someone else posted as long as it dont drop below $132 at current difficulty should be be making profint on miners we are using / buying i may be wrong but i am sure that is what was said  

 I'm not sure if this is what you're thinking of but I had posted this yesterday:

So if Bitcoin keeps tanking and we end up around $100 per coin how long can you keep this setup mining? Is there any provisions about that sort of thing? Obviously you guys would be running at a pretty large loss if that were to happen?

 If Bitcoin hits $100 then the contract would already have terminated as the reward would be less than the maintenance fee of .01551 Bitcoins per TH/s at the current difficulty.
Then again, if difficulty were to go below 32,425,157,336 due to unprofitable miners coming offline then AMHash would continue to operate as the reward would be higher than the maintenance fee once again.

The only provision is that we have 10 days for the Bitcoin value to recover or the difficulty to drop sufficiently to bring us back into profitability.  The problem with 10 days with respect to difficulty is the fact tat the difficulty retarget is 14 days (at least) and possibly longer when the difficulty is going to decrease.  I would hope that if that were the case, AMHash would extend the grace period slightly beyond the 10 days but... they don't have to per the contract they laid out.

 but we could survive a Bitcoin value down to $122 at the current difficulty until the contract began it's rollup.

[stompysteve]

Dividends dropped, as someone who is not a veteran in the investing world, why would this happen, or does that mean there is a downward trend and it is a good time to sell ?

if the difficulty keeps dropping its a good time to invest in mining, as long at btc price doesnt drastically drop

you do know the bitcoin price has dropped more so thn the difficulty in the last month.... kind of a contradiction to what your saying.

as long as btc price doesnt keep dropping from where it is right now, like as long as it stays above $300 I guess. If it makes it down to $200 and the difficulty doesnt drastically drop as well then its going to be unprofitable.

$200 i thought someone else posted as long as it dont drop below $132 at current difficulty should be be making profint on miners we are using / buying i may be wrong but i am sure that is what was said  

 I'm not sure if this is what you're thinking of but I had posted this yesterday:

So if Bitcoin keeps tanking and we end up around $100 per coin how long can you keep this setup mining? Is there any provisions about that sort of thing? Obviously you guys would be running at a pretty large loss if that were to happen?

 If Bitcoin hits $100 then the contract would already have terminated as the reward would be less than the maintenance fee of .01551 Bitcoins per TH/s at the current difficulty.
Then again, if difficulty were to go below 32,425,157,336 due to unprofitable miners coming offline then AMHash would continue to operate as the reward would be higher than the maintenance fee once again.

The only provision is that we have 10 days for the Bitcoin value to recover or the difficulty to drop sufficiently to bring us back into profitability.  The problem with 10 days with respect to difficulty is the fact tat the difficulty retarget is 14 days (at least) and possibly longer when the difficulty is going to decrease.  I would hope that if that were the case, AMHash would extend the grace period slightly beyond the 10 days but... they don't have to per the contract they laid out.

 but we could survive a Bitcoin value down to $122 at the current difficulty until the contract began it's rollup.

looks like we are headed to the third dif drop in a row

[Singman33]

For AMHahs: could you put a referal system to give bonus ? That could help
Thanks

[elasticband]

For AMHahs: could you put a referal system to give bonus ? That could help
Thanks

No! please do not do this!

[DARKANGEL6415]

Dividends dropped, as someone who is not a veteran in the investing world, why would this happen, or does that mean there is a downward trend and it is a good time to sell ?

if the difficulty keeps dropping its a good time to invest in mining, as long at btc price doesnt drastically drop

you do know the bitcoin price has dropped more so thn the difficulty in the last month.... kind of a contradiction to what your saying.

as long as btc price doesnt keep dropping from where it is right now, like as long as it stays above $300 I guess. If it makes it down to $200 and the difficulty doesnt drastically drop as well then its going to be unprofitable.

$200 i thought someone else posted as long as it dont drop below $132 at current difficulty should be be making profint on miners we are using / buying i may be wrong but i am sure that is what was said  

 I'm not sure if this is what you're thinking of but I had posted this yesterday:

So if Bitcoin keeps tanking and we end up around $100 per coin how long can you keep this setup mining? Is there any provisions about that sort of thing? Obviously you guys would be running at a pretty large loss if that were to happen?

 If Bitcoin hits $100 then the contract would already have terminated as the reward would be less than the maintenance fee of .01551 Bitcoins per TH/s at the current difficulty.
Then again, if difficulty were to go below 32,425,157,336 due to unprofitable miners coming offline then AMHash would continue to operate as the reward would be higher than the maintenance fee once again.

The only provision is that we have 10 days for the Bitcoin value to recover or the difficulty to drop sufficiently to bring us back into profitability.  The problem with 10 days with respect to difficulty is the fact tat the difficulty retarget is 14 days (at least) and possibly longer when the difficulty is going to decrease.  I would hope that if that were the case, AMHash would extend the grace period slightly beyond the 10 days but... they don't have to per the contract they laid out.

 but we could survive a Bitcoin value down to $122 at the current difficulty until the contract began it's rollup.

yes this is what i was remembering thank you for confirming so i can know i am not loosing my mind lol. So $122 price at current difficulty should not be problem as price is way above that point and difficulty seem to flat lined.  for now atleast

[DARKANGEL6415]

For AMHahs: could you put a referal system to give bonus ? That could help
Thanks

No! please do not do this!

lol come on elastic you know you want a referal system in place for am hash. I personally dont have problem with referals system but i know alot of people see it as a kind of scam thing to do or not worth it. I agree to some extent but then i think places like cex even have what like a 3% - 4% referal bonus ghs?

[Mabsark]

lol come on elastic you know you want a referal system in place for am hash.

It makes sense for AMHash customers to want a referral system. It makes far less sense for AM shareholders though.

[elasticband]

lol come on elastic you know you want a referal system in place for am hash.

It makes sense for AMHash customers to want a referral system. It makes far less sense for AM shareholders though.

Referral systems just encourage people to open a second account using their own link so they can get a bonus on what ever G their second account buys..... it's just a silly way a legit company to give away money.

[galdur]

Well, I promised on another thread to atone for my

unfair bashing of this co. during my war with the

sherlocks, by buying hash and am now up to 1 TH and

plan to add much more.

Good luck, g

[xhomerx10]

Well, I promised on another thread to atone for my

unfair bashing of this co. during my war with the

sherlocks, by buying hash and am now up to 1 TH and

plan to add much more.

Good luck, g

That's great you made good on your promise but don't go crazy.  It's not a Ponzi scheme but there are still no guarantees that you'll profit.