Bitcoin Forum
August 17, 2019, 12:00:08 PM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Pages: « 1 ... 1253 1254 1255 1256 1257 1258 1259 1260 1261 1262 1263 1264 1265 1266 1267 1268 1269 1270 1271 1272 1273 1274 1275 1276 1277 1278 1279 1280 1281 1282 1283 1284 1285 1286 1287 1288 1289 1290 1291 1292 1293 1294 1295 1296 1297 1298 1299 1300 1301 1302 [1303] 1304 1305 1306 1307 1308 1309 1310 1311 1312 1313 1314 1315 1316 1317 1318 1319 1320 1321 1322 1323 1324 1325 1326 1327 1328 1329 1330 1331 1332 1333 1334 1335 1336 1337 1338 1339 1340 1341 1342 1343 1344 1345 1346 1347 1348 »
  Print  
Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3896656 times)
elasticband
Legendary
*
Offline Offline

Activity: 1036
Merit: 1000


Nighty Night Don't Let The Trolls Bite Nom Nom Nom


View Profile
March 14, 2015, 11:53:22 AM
 #26041

my guess is the "hashlord" is the person who controls the hashrate........

is it just me or is there a massive dose of stupid in these threads?
1566043208
Hero Member
*
Offline Offline

Posts: 1566043208

View Profile Personal Message (Offline)

Ignore
1566043208
Reply with quote  #2

1566043208
Report to moderator
1566043208
Hero Member
*
Offline Offline

Posts: 1566043208

View Profile Personal Message (Offline)

Ignore
1566043208
Reply with quote  #2

1566043208
Report to moderator
Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1566043208
Hero Member
*
Offline Offline

Posts: 1566043208

View Profile Personal Message (Offline)

Ignore
1566043208
Reply with quote  #2

1566043208
Report to moderator
elasticband
Legendary
*
Offline Offline

Activity: 1036
Merit: 1000


Nighty Night Don't Let The Trolls Bite Nom Nom Nom


View Profile
March 14, 2015, 11:55:45 AM
 #26042

The problem is that the product AMHash theoretically involves 5 Parties (Operator, Manufacturer, HashLord, Contract Platform, Contract Holder), of which neither has the ability to absorb the damage alone.

Operator = RockMiner
Manufacturer = ASICMiner
Hashlord = ? (FC? sausage factory man? police?)
Contract Platform = havelock
Contract Holders = Customers

FTFY, you had names in the wrong columns.....
SebastianJu
Legendary
*
Offline Offline

Activity: 2422
Merit: 1042


Legendary Escrow Service - Tip Jar in Profile


View Profile WWW
March 14, 2015, 11:59:58 AM
 #26043

They got no insurance (Which is pretty cheap),...

I doubt you will find an insurance company that will make an insurance for bitcoin miner. If you start to explain them that they are extremely valuable devices that will be valuable for 3 months only though then they will send you out of office fast. Its simply a real nice risk. So i think it was unavoidable that no insurance was there. Or was there an insurance for the big mining farm that burned down some weeks ago?

Of course you can get insurance, I'm surprised you don't if you're mining on any sort of scale.

You mean you know an insurance company that would or could have insured the operations that friedcat ran? I wonder what they would insure then. Future profits included? But honestly i really doubt any insurance company will take this thin bet. Do you have examples?

Edit: The big farm in thailand that burned down wasnt insured too. Im very sure they would have done if possible. I mean the loss will be huge for them. On the other hand... if there would be an insurance possible then im sure the rates would be so high that it wouldnt be worth it.

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
el_rlee
Legendary
*
Offline Offline

Activity: 1580
Merit: 1005



View Profile
March 14, 2015, 12:03:46 PM
 #26044

Hi Everyone,

 sorry for not reading up on that many posts... I gather FC is missing and also the hashrate for certain mines listed on havelock.
Is there any news outlet covering the story so I could read up on the whole thing? Coindesk etc?

Which havelock stocks are affected? AM1 and AM100 as well or only AMHASH1?
Mabsark
Legendary
*
Offline Offline

Activity: 826
Merit: 1000


View Profile
March 14, 2015, 12:22:31 PM
 #26045

The problem is that the product AMHash theoretically involves 5 Parties (Operator, Manufacturer, HashLord, Contract Platform, Contract Holder), of which neither has the ability to absorb the damage alone.

Operator = RockMiner
Manufacturer = ASICMiner
Hashlord = ? (FC? sausage factory man? police?)
Contract Platform = havelock
Contract Holders = Customers

FTFY, you had names in the wrong columns.....

No you didn't and no I didn't. Based on Jutarul's info, it's pretty obvious that HashLord owns the DC as there isn't any other role it could fill.
AirWolf
Full Member
***
Offline Offline

Activity: 140
Merit: 100

Havelock robbed me 170BTC


View Profile
March 14, 2015, 12:49:13 PM
 #26046

HERE IS OWN JAMES GRANT, OWNER AND OPERATOR OF HAVELOCK IS PART OF ASICMINER/AMHASH:

https://bitcointalk.org/index.php?topic=989850.0

HAVELOCK ROBBED ME MORE THAN 170BTC - BEWARE OF THIS THIEVES!
flame1012
Full Member
***
Offline Offline

Activity: 154
Merit: 100


View Profile
March 14, 2015, 12:53:38 PM
 #26047

Hi Everyone,

 sorry for not reading up on that many posts... I gather FC is missing and also the hashrate for certain mines listed on havelock.
Is there any news outlet covering the story so I could read up on the whole thing? Coindesk etc?

Which havelock stocks are affected? AM1 and AM100 as well or only AMHASH1?


A few news sites have covered the story.
But the only reality we can be sure of is that Amhash share trade and the daily dividend payments are currently frozen.
AM and AM100 shares are still being traded on Havelock but the price has dropped pretty much because of what happened lately.

The related companies are claiming that;
1) They have lost control of ~3 petahash of their farm
2) FriedCat is missing, and that he had control over everything and the funds
4) Therefore they are stuck now.

> ALL cloudmining companies are SCAM <
AirWolf
Full Member
***
Offline Offline

Activity: 140
Merit: 100

Havelock robbed me 170BTC


View Profile
March 14, 2015, 12:56:19 PM
 #26048

Hi Everyone,

 sorry for not reading up on that many posts... I gather FC is missing and also the hashrate for certain mines listed on havelock.
Is there any news outlet covering the story so I could read up on the whole thing? Coindesk etc?

Which havelock stocks are affected? AM1 and AM100 as well or only AMHASH1?


A few news sites have covered the story.
But the only reality we can be sure of is that Amhash share trade and the daily dividend payments are currently frozen.
AM and AM100 shares are still being traded on Havelock but the price has dropped pretty much because of what happened lately.

The related companies are claiming that;
1) They have lost control of ~3 petahash of their farm
2) FriedCat is missing, and that he had control over everything and the funds
4) Therefore they are stuck now.


Not so stuck, James Grant of Havelock is member of AMHASH/ASICMINER: https://bitcointalk.org/index.php?topic=989850.msg10770429#msg10770429

HAVELOCK ROBBED ME MORE THAN 170BTC - BEWARE OF THIS THIEVES!
Mabsark
Legendary
*
Offline Offline

Activity: 826
Merit: 1000


View Profile
March 14, 2015, 01:20:23 PM
 #26049

Havelock is simply a shareholder of AM with more than 5000 shares. Having 5000 shares gets you a seat on the board. Having a seat on the board doesn't make you an owner of AM any more than having 1 share does.

This information has always been public knowledge.
elasticband
Legendary
*
Offline Offline

Activity: 1036
Merit: 1000


Nighty Night Don't Let The Trolls Bite Nom Nom Nom


View Profile
March 14, 2015, 01:24:55 PM
 #26050

No you didn't and no I didn't. Based on Jutarul's info, it's pretty obvious that HashLord owns the DC as there isn't any other role it could fill.

the hashlord is the person who controls the hashrate or the facility where the hashrate is held surely and i don't think they own a DC, i think they own a food factory......
Puppet
Legendary
*
Offline Offline

Activity: 980
Merit: 1007


View Profile
March 14, 2015, 01:25:36 PM
 #26051

Airwolf to the rescue!



UNfortunately, like the series, only 8 year olds would lend it credibility, and he is way behind the curve.
Cablez
Legendary
*
Offline Offline

Activity: 1400
Merit: 1000


I owe my soul to the Bitcoin code...


View Profile
March 14, 2015, 01:30:11 PM
 #26052

Do we have a real name to associate with this 'hashlord'?  Is this effort underway yet?

Tired of substandard power distribution in your ASIC setup???   Chris' Custom Cablez will get you sorted out right!  No job too hard so PM me for a quote
Check my products or ask a question here: https://bitcointalk.org/index.php?topic=74397.0
Silverspoon
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile
March 14, 2015, 01:42:01 PM
 #26053

^And he would have gotten away, too, weren't for you meddling kids!

Mabsark
Legendary
*
Offline Offline

Activity: 826
Merit: 1000


View Profile
March 14, 2015, 02:02:20 PM
 #26054

No you didn't and no I didn't. Based on Jutarul's info, it's pretty obvious that HashLord owns the DC as there isn't any other role it could fill.

the hashlord is the person who controls the hashrate or the facility where the hashrate is held surely and i don't think they own a DC, i think they own a food factory......

By DC, I just mean a facility that hosts the miners. Whether it is an actual DC, a barn, a shed or a food factory is irrelevant. The relevant point is that HashLord was in control of it, not AM. Also, I would say it's more likely that HashLord is a business entity rather than an individual.
elasticband
Legendary
*
Offline Offline

Activity: 1036
Merit: 1000


Nighty Night Don't Let The Trolls Bite Nom Nom Nom


View Profile
March 14, 2015, 02:20:16 PM
 #26055



By DC, I just mean a facility that hosts the miners. Whether it is an actual DC, a barn, a shed or a food factory is irrelevant. The relevant point is that HashLord was in control of it, not AM. Also, I would say it's more likely that HashLord is a business entity rather than an individual.



I think your wrong. Jutaral didn't use any company names he just names the roles of all those involved who ever they maybe.

AMHash theoretically involves 5 Parties (Operator, Manufacturer, HashLord, Contract Platform, Contract Holder)
AirWolf
Full Member
***
Offline Offline

Activity: 140
Merit: 100

Havelock robbed me 170BTC


View Profile
March 14, 2015, 02:21:41 PM
 #26056

Airwolf to the rescue!



UNfortunately, like the series, only 8 year olds would lend it credibility, and he is way behind the curve.


Sure you have more credibility, the same you used TO LURE MANY OF US INTO AMHASH...

HAVELOCK ROBBED ME MORE THAN 170BTC - BEWARE OF THIS THIEVES!
Mabsark
Legendary
*
Offline Offline

Activity: 826
Merit: 1000


View Profile
March 14, 2015, 02:42:12 PM
 #26057

I think your wrong. Jutaral didn't use any company names he just names the roles of all those involved who ever they maybe.

AMHash theoretically involves 5 Parties (Operator, Manufacturer, HashLord, Contract Platform, Contract Holder)

To me, it seems like either a username or a business name, not a description of a role. It's a separate party from AM, RM and Havelock. If it was just a person in control of the hash rate, that person would probably be an AM employee, not a separate party. It makes far more sense to me that HashLord is in the business of hosting miners.

elasticband
Legendary
*
Offline Offline

Activity: 1036
Merit: 1000


Nighty Night Don't Let The Trolls Bite Nom Nom Nom


View Profile
March 14, 2015, 02:46:29 PM
Last edit: March 14, 2015, 03:05:14 PM by elasticband
 #26058

To me, it seems like either a username or a business name, not a description of a role. It's a separate party from AM, RM and Havelock. If it was just a person in control of the hash rate, that person would probably be an AM employee, not a separate party. It makes far more sense to me that HashLord is in the business of hosting miners.



then the quote should look more like this, but that's just my take on it.

Quote
AMHash theoretically involves 5 Parties (Rockminer, Asicminer, HashLord, havelock, Private Investors)
sidehack
Legendary
*
Offline Offline

Activity: 2156
Merit: 1460

Curmudgeonly hardware guy


View Profile
March 14, 2015, 02:55:50 PM
 #26059

I figured Hashlord was like the Landlord of mining, so probably an informal title for the DC owner/operator.

Cool, quiet and up to 1TH pod miner, on sale now!
Currently in development - 200+GH USB stick; 6TH volt-adjustable S1/3/5 upgrade kit
Server PSU interface boards and cables. USB and small-scale miners. Hardware hosting, advice and odd-jobs. Supporting the home miner community since 2013 - http://www.gekkoscience.com
xhomerx10
Legendary
*
Offline Offline

Activity: 2114
Merit: 2241



View Profile
March 14, 2015, 02:59:04 PM
 #26060

Airwolf to the rescue!



UNfortunately, like the series, only 8 year olds would lend it credibility, and he is way behind the curve.


Sure you have more credibility, the same you used TO LURE MANY OF US INTO AMHASH...

  Recommendations were made based on past performance of the principles and these appeared sound.  AM and friedcat had a relatively long history in bitcoin mining and equipment and it was their credibility which lead to any recommendation of AMHash.   Let's not beat up on one another over this; it is pointless.  Why don't you 2 set up an exchange commission for bitcoin related investments and set up some basic accounting and reportability criteria for listings?  That would be awesome.

Pages: « 1 ... 1253 1254 1255 1256 1257 1258 1259 1260 1261 1262 1263 1264 1265 1266 1267 1268 1269 1270 1271 1272 1273 1274 1275 1276 1277 1278 1279 1280 1281 1282 1283 1284 1285 1286 1287 1288 1289 1290 1291 1292 1293 1294 1295 1296 1297 1298 1299 1300 1301 1302 [1303] 1304 1305 1306 1307 1308 1309 1310 1311 1312 1313 1314 1315 1316 1317 1318 1319 1320 1321 1322 1323 1324 1325 1326 1327 1328 1329 1330 1331 1332 1333 1334 1335 1336 1337 1338 1339 1340 1341 1342 1343 1344 1345 1346 1347 1348 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!