AMHash1 is the first of a series of mining contracts AMHash.
In this contract, the hashrate is provided by ASICMiner, the management is provided by
RockMiner, and the platform is provided by HavelockInvestments, hashie.co and AMHash.com.
For updates please view
http://www.amhash.com/The purchasing site is
https://www.havelockinvestments.com/order.php?symbol=AMHASH1https://hashie.coThe forum contact ID is amhash. The email contact is
fund@amhash.com.
Introduction
AMHash is a mining Fund which has 5 Peta-hash per second or (5,000,000 Giga-hashes per second) in total,0.95PH sold out already.
The Fund is divided into 5 million (5,000,000) s each of which represents 1Gigahash per second.
The price of each unit is 1.25mBTC (0.0012 BTC).
The contract will restart on December 10, 2014(Beijing Time, GMT+8).
The time is based on forum time.
Duration for the IPO:
IPO Starting Time: December 10, 2014
IPO Closing Time: January 10 , 2015
Advantages
1. Higher ROI; low cost on both initial price and maintenance fee.
2. Flexible trading; the contract is fully tradable at the secondary market through Havelock Investments trading platform allowing you to exit your position at any time.
3. Guaranteed profit; Compared to others, AMHash1 Fund will pay you dividends based on hashrate equivalent calculation protecting your earnings and shielding you from hardware maintenance cost and risk.
5. It simplifies the ROI estimations by eliminating the factors involved in constructing a mining farm, such as infrastructure cost, shipping time, repairing, electricity bill and labor.
6. 100% real hasharate; The live photos of mining farm and hashrate monitor platform will be provided and fully disclosed.
Payout calculation
Payouts are done daily.
The payout rate before fee substraction is 25 / (difficulty * 4.295) BTC per unit per second.
The fee is 1.89*10^(-8) USD per unit per second. It will be substracted from the pre-fee payout rate. The exchange rate is based on bitstamp 24h average.
The total seconds of each payout is:
1. in the first payout, 3,600 * 24.
2. During normal payouts, the number of seconds during the most recent payout to this payout.
If there is a difficulty change between two payouts, the due payout will be calculated based on two different difficulties and their corresponding time intervals.
If the calculated payout after fee substraction is less than or equal to zero, the contract will be suspended. If the number of subsequent days suspended reaches 10, the contract terminates.
