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wasubii
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June 06, 2014, 02:58:52 AM |
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Nice! Mighty tempting with BTC/USD on the up! |
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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webbrowser
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June 06, 2014, 03:21:31 AM
Last edit: June 06, 2014, 03:39:43 AM by webbrowser |
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http://www.rockminer.com/R60/If I^Hgoogle-translate understand correctly, they go even further to reduce risk to buyers. Pay 1 BTC for 1 RX-BOX, shipping 25 Jun. Add your own PSU and electricity. If your theoretical mining revenue within 60 days is less than 1 BTC, you'll get a refund of the difference. So in the worst case, you lose the cost of your PSU, 1036 kWh of electricity and any downtime due to your own facility. This should sell well, methinks?
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stompysteve
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June 06, 2014, 03:35:23 AM |
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http://www.rockminer.com/R60/If I understand correctly, they go even further to reduce risk to buyers. Pay 1 BTC for 1 RX-BOX, shipping 25 Jun. Add your own PSU and electricity. If your theoretical mining revenue within 60 days is less than 1 BTC, you'll get a refund of the difference. So in the worst case, you lose the cost of your PSU, 1036 kWh of electricity and any downtime due to your own facility. This should sell well, methinks? they essentially long on BTC in some weird kinda way in relation to a refund on their miner? am im understanding that right (tin foil hat) knowing AM is gonna buy a shitload of BTC haha |
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Swordsoffreedom
Legendary
 Offline
Activity: 2744
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
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June 06, 2014, 03:38:48 AM |
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knowing AM is gonna buy a shitload of BTC haha
I must have missed it where does it say that AM will buy a shitload of BTC anyways  |
| ..Stake.com.. | | | ▄████████████████████████████████████▄
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bitcoin.newsfeed
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June 06, 2014, 03:46:34 AM |
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mostly because the rock solid faith I've had in AM was temporarily broken, and actually finding myself listening to some of the FUD around here and trading with high emotion (unrelated to bitcoin securities)...
Bear, don't blame the "FUD" that you sold low, blame yourself, it was your decision. Anyway, where is my favorite Lambchop now ? come and say some words we've got plenty of time for discussion to the next update, and yes my dividends estimations are around 0.05/share for first 3 months as your guys, don't forget that we'll see much more of Gen3 produced by ASICminer this year, these 6 000 000 Gh/s is nothing compared to planned 400 000 000 Gh/s - 1 600 000 000 Gh/s for Gen3. |
... Question Everything, Believe Nothing ...
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data
Member
Offline
Activity: 84
Merit: 10
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June 06, 2014, 08:09:46 AM |
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Reading through the div predictions, I am leaning towards keeping a bit more in the war chest. I would rather see us completely dominate the mining market and push out a few of the competitors than the short term gains through dividends.
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necro_nemesis
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June 06, 2014, 09:38:56 AM |
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Reading through the div predictions, I am leaning towards keeping a bit more in the war chest. I would rather see us completely dominate the mining market and push out a few of the competitors than the short term gains through dividends.
Judging by the strategy it's a chess match and sometimes in chess you sacrifice pieces to win. If you aren't able to look ahead more than a single move, you won't follow this strategy. AM has had many firsts and appears to be the first BTC investment that looks at periods longer than a gold fish's memory. |
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Whtwabbit
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June 06, 2014, 10:31:39 AM |
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Ford vs GM vs Chrysler
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Monero
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| "The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." David Chaum 1996
"Fungibility provides privacy as a side effect." Adam Back 2014
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KS
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June 06, 2014, 12:29:14 PM |
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Ford vs GM vs Chrysler
Sadly, the winner is: Toyota. |
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necro_nemesis
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June 06, 2014, 01:13:46 PM |
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Just wanted to mark this spot as a placeholder to a point before imaginations began running wild again.
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sngwinner
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June 06, 2014, 02:34:16 PM |
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I've seen some people saying that it'll be great once AM gets its self mining going again. What is a realistic amount of PH that AM can get online? What percentage of the network do we think it will be by the time it's up and running? I seem to remember a figure of 30 ph from franchises.
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ujka
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June 06, 2014, 02:42:24 PM |
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I've seen some people saying that it'll be great once AM gets its self mining going again. What is a realistic amount of PH that AM can get online? What percentage of the network do we think it will be by the time it's up and running? I seem to remember a figure of 30 ph from franchises.
20ph from franchises inside China https://bitcointalk.org/index.php?topic=99497.msg6465166#msg6465166 |
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minerpumpkin
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June 06, 2014, 02:44:29 PM |
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I've seen some people saying that it'll be great once AM gets its self mining going again. What is a realistic amount of PH that AM can get online? What percentage of the network do we think it will be by the time it's up and running? I seem to remember a figure of 30 ph from franchises.
About 20PH/s franchised inside China and about 3 PH/s solo mining in AM data centers. Friedcat doesn't seem to be that interested in mining at the moment. As long as the chips sell, it's better to just sell them instead of use them to mine. They earn more revenue and have a shorter turnaround time (sold instantly instead of "mining back" the investment) and thus can be paid out and reinvested much faster. Although I agree that a decent amount of self mining makes sense (BTC price increasing, constant income, independence) |
I should have gotten into Bitcoin back in 1992...
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sngwinner
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June 06, 2014, 02:54:15 PM |
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I've seen some people saying that it'll be great once AM gets its self mining going again. What is a realistic amount of PH that AM can get online? What percentage of the network do we think it will be by the time it's up and running? I seem to remember a figure of 30 ph from franchises.
About 20PH/s franchised inside China and about 3 PH/s solo mining in AM data centers. Friedcat doesn't seem to be that interested in mining at the moment. As long as the chips sell, it's better to just sell them instead of use them to mine. They earn more revenue and have a shorter turnaround time (sold instantly instead of "mining back" the investment) and thus can be paid out and reinvested much faster. Although I agree that a decent amount of self mining makes sense (BTC price increasing, constant income, independence) From the link posted above that 20ph goal is long term. By the time that's up and running our franchisees would have 10% or under of the total network. How big of a facility would AM or it's franchisees need to deploy this much hash power? With 3ph solo mining shouldn't we just use a mining pool to stabilize returns I realize the overall gain is higher solo mining but with around 1% of the network it seems like it will be feast or famine self mining which may cause cash flow problems. |
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atx.btc
Newbie
Offline
Activity: 24
Merit: 0
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June 06, 2014, 05:17:59 PM |
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lol, I came here afraid that Havelock got shut down or something, haven't been able to access it. Hopefully it's just from people racing to buy up all of the AM100 they can |
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KarmaShark
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June 06, 2014, 05:20:22 PM |
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Entering the Future of ASIC Mining open source development by Inventing it. |
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JoTheKhan
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June 06, 2014, 05:28:47 PM |
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lol, I came here afraid that Havelock got shut down or something, haven't been able to access it. Hopefully it's just from people racing to buy up all of the AM100 they can AM is crashing. Atleast AM1 is. .24 Today, High was .32 yesterday. |
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minerpumpkin
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June 06, 2014, 05:31:48 PM |
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AM is crashing. Atleast AM1 is. .24 Today, High was .32 yesterday.
Well it's basically at the point before the FC announcement yesterday. |
I should have gotten into Bitcoin back in 1992...
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atx.btc
Newbie
Offline
Activity: 24
Merit: 0
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June 06, 2014, 05:45:00 PM |
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yeah but honestly at this point I don't care if it crashes, I have the answers I needed so I am in no way worried about the future of AM - back to being bullish!
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