AMHash1: Cost-Effective Mining Contract

[alevlaslo]

The question is at what price and not the equipment. You can recoup the investment for 126 days, if GHS is 0.00075 BTC and charge light 2.28 $

[Mabsark]

Dear Santa.
All I want for Christmas is to hear from AMHASH that they are going to reinvest some portion of divs. When new hardware will arrive with 4 times better efficiency (BE300) this will allow them to reduce maintanance fee 3 times, and when all equipment will be replaced, increase hashrate capacity of data center 3 times. This will help to maintain divs at constant level or even increase it! Not to mention that AM shareholders may see some long awaited divs. As you can see Santa it's good for all...
Best regards.

How on earth would that be good for AM shareholders? That's clearly only good for AMHash customers. Do you think it would also be good for AM shareholders if everyone who bought a Tube or Prisma received a free BE300 miner with equivalent hash rate? That's essentially what you are saying.

Why would you want amhash to "reinvest" when you can do it yourself? I assume there will be a AMhashX based on the new chip with lower maintenance fees, fee free to 're'-invest some or all of your dividends in that - or in anything else they may seem more profitable at that time.

I hope that's the case. AMHash could then offer to upgrade BE200 based contracts to BE300 ones for a suitable fee.

[Dexter770221]

...
Why would you want amhash to "reinvest" when you can do it yourself?
...

Yes I can do that myself, and then my income may be constant. But AMHASH will slowly die, that static diff will not last long. You should know that best...

[Puppet]

...
Why would you want amhash to "reinvest" when you can do it yourself?
...

Yes I can do that myself, and then my income may be constant. But AMHASH will slowly die, that static diff will not last long. You should know that best...

If you want your 'income' to be constant, buy treasury bonds. If you invest in bitcoin mining, clearly its going to be variable, dividends will taper off quickly and its very much uncertain if you will make a profit in the end. But why would you want someone else to manage the risk for you, and on terms you would have no control over ?

[Dexter770221]

You have posted your fancy chart many times. In the world of Bitcoin company that does nothing just dies. Buying shares I like to think that company will do something in future to prevent that, it's profit for themselfs to stay in bussines, not risk. Without proper actions shares and company are worthless from beggining. It was just my proposal, maybe there are better ways. If they want more of users BTC...

[Puppet]

In the world of Bitcoin company that does nothing just dies.

yeah, mining hardware becomes obsolete faster than snow melts in the sahara. Thats why you have such 'high' initial yield and why despite that, precious few people ever made any btc denominated profit mining bitcoin with asics.

But doing 'something' is bringing online newer generation hardware at more competitive rates. And in this case, package that as new cloud mining contracts.  I dont see any reason why amhash will not to do this with newer AM chips once they become available. If amhash does that, and continues bringing new and competitive products to the market, they will do just fine. If not, they deserve to die.

But what you're asking for is being forced to upgrade to these contracts even though they are as yet unspecified, unpriced and with no firm time table. More over, you have no way of knowing how they will compare to future competition. Why would you want your money to be stuck in a company that potentially deserves to die?  It didnt make sense to want Cryptx to do this, and it doesnt make sense for AMhash.

[ajw7989]

I agree I rather reinvest myself which is what I do now. This way if something goes wrong its my fault not the companys. On another note no more IPO shares so now lets see what happens to amhash1 share price when we are converted

[alevlaslo]

buying on IPO not available today

[Mabsark]

If the direct sales get merged too, there should be about 2.85 Ph/s on Havelock. Hashie had 0.32 Ph/s to sell as well, so if those sales got merged too, there could be up to about 3.15 Ph/s on there.

[DARKANGEL6415]

lol umm.....who is buying up shares to .00127

just wait till tomorrow and buy am4

wait what i have not heard of any plans for amhash4 is this true can someone confirm for sure 

[DARKANGEL6415]

Dear Santa.
All I want for Christmas is to hear from AMHASH that they are going to reinvest some portion of divs. When new hardware will arrive with 4 times better efficiency (BE300) this will allow them to reduce maintanance fee 3 times, and when all equipment will be replaced, increase hashrate capacity of data center 3 times. This will help to maintain divs at constant level or even increase it! Not to mention that AM shareholders may see some long awaited divs. As you can see Santa it's good for all...
Best regards.

How on earth would that be good for AM shareholders? That's clearly only good for AMHash customers. Do you think it would also be good for AM shareholders if everyone who bought a Tube or Prisma received a free BE300 miner with equivalent hash rate? That's essentially what you are saying.

Why would you want amhash to "reinvest" when you can do it yourself? I assume there will be a AMhashX based on the new chip with lower maintenance fees, fee free to 're'-invest some or all of your dividends in that - or in anything else they may seem more profitable at that time.

I hope that's the case. AMHash could then offer to upgrade BE200 based contracts to BE300 ones for a suitable fee.

interesting read to santa lol but like they say for the bitcoin world or any crypto never know what tomorrow will bring may be some goodies or a big bag of coal

[DARKANGEL6415]

...
Why would you want amhash to "reinvest" when you can do it yourself?
...

Yes I can do that myself, and then my income may be constant. But AMHASH will slowly die, that static diff will not last long. You should know that best...

If you want your 'income' to be constant, buy treasury bonds. If you invest in bitcoin mining, clearly its going to be variable, dividends will taper off quickly and its very much uncertain if you will make a profit in the end. But why would you want someone else to manage the risk for you, and on terms you would have no control over ?

lol by any chance are you related to my 401k financial advisor haha. But for reals pretty much this is done every day with peoples financial portfolio they pay managers to manage the funds for them. As to if they make a positive or negativ echoice that is something different altogether 

[DARKANGEL6415]

TO you and all on this forum happy holidays enjoy the time with family and friends. May the holidays bring everyone good stuff with good food and good drinks  posting this now as i know alot of people in areas where almost xmas

[DARKANGEL6415]

what the heck i just went to havelock to buy some more amhash3 and it is all gone no longer being sold and all my amhash3 seem to have been converted into amhash1? The IPO sale of amhash3 is already sold out or did they end it early? I really thought it would make it to atleast New Years lol 

[MichaelBliss]

what the heck i just went to havelock to buy some more amhash3 and it is all gone no longer being sold and all my amhash3 seem to have been converted into amhash1? The IPO sale of amhash3 is already sold out or did they end it early? I really thought it would make it to atleast New Years lol  

Are you seriously just posting here repeatedly without reading the other messages?

.. and its gone.. no more amhash 3 ipo.. well 0 shares left anyways .. time to convert there mr havelock

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[Caesium]

what the heck i just went to havelock to buy some more amhash3 and it is all gone no longer being sold and all my amhash3 seem to have been converted into amhash1? The IPO sale of amhash3 is already sold out or did they end it early? I really thought it would make it to atleast New Years lol  

Are you seriously just posting here repeatedly without reading the other messages?

.. and its gone.. no more amhash 3 ipo.. well 0 shares left anyways .. time to convert there mr havelock

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Welcome to a signature campaign driven forum.

[Puppet]

Welcome to a signature campaign driven forum.

+∞

Why bother reading when you are only paid to spam your sig?

[rudi]

Wow AMHash1 selling for 0.00132 a pop, 10% higher than AMHash3 prices.

[xhomerx10]

what the heck i just went to havelock to buy some more amhash3 and it is all gone no longer being sold and all my amhash3 seem to have been converted into amhash1? The IPO sale of amhash3 is already sold out or did they end it early? I really thought it would make it to atleast New Years lol  

Are you seriously just posting here repeatedly without reading the other messages?

.. and its gone.. no more amhash 3 ipo.. well 0 shares left anyways .. time to convert there mr havelock

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 I believe he initially came in to spread some Christmas cheer because for some unknown reason, he actually likes you people 

[ajw7989]

Havelock already converted AMhash3 to AMHASH 1 now the market cap of amhash is HUGE