elasticband
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Nighty Night Don't Let The Trolls Bite Nom Nom Nom
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November 07, 2014, 11:35:41 AM |
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always thought it was a weegie? I'm a haggis hunting, whiskey drinking sheep shaggin bastard  stand free.  I actually had to google that to double check, can't say i know much aboot the auld fitba, especially the Don's. Been shite since beofre i was born. |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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raskul
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November 07, 2014, 11:40:34 AM |
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always thought it was a weegie? I'm a haggis hunting, whiskey drinking sheep shaggin bastard stand free. I actually had to google that to double check, can't say i now much aboot the ald fitba, especially the Don's. Been shite since beofre i was born. i work as a photographer and always enjoy shooting Aberdeen games, the fans are the best, most funny, angry, frustrated, jubilant and crazy (all in one) I always sit in front of the dons fans at their games. even in the pishing rain at 2degrees on a rainy february, it cheers ye up ! |
tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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elasticband
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Activity: 1036
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Nighty Night Don't Let The Trolls Bite Nom Nom Nom
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November 07, 2014, 11:48:20 AM |
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always thought it was a weegie? I'm a haggis hunting, whiskey drinking sheep shaggin bastard stand free. I actually had to google that to double check, can't say i now much aboot the ald fitba, especially the Don's. Been shite since beofre i was born. i work as a photographer and always enjoy shooting Aberdeen games, the fans are the best, most funny, angry, frustrated, jubilant and crazy (all in one) I always sit in front of the dons fans at their games. even in the pishing rain at 2degrees on a rainy february, it cheers ye up ! You are actually right, they have become accustomed to being underdogs but the fans still put the energy into supporting the team, even on a dour drappit dreich day. Edit: I guess you are also from the Land of Scot? random encounter  |
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FUR11
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Activity: 378
Merit: 250
FURring bitcoin up since 1762
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November 07, 2014, 12:51:16 PM |
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Okay so, how did this get derailed to a thread about Scotland?  Had to double-check if I this is the right thread. Anyways: What's up on Havelock? Insane amount of bids and some distinct upward-pressure going on. Anything that I've missed? |
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stompysteve
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November 07, 2014, 01:02:42 PM |
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Okay so, how did this get derailed to a thread about Scotland? Had to double-check if I this is the right thread. Anyways: What's up on Havelock? Insane amount of bids and some distinct upward-pressure going on. Anything that I've missed? 1000 share wall at .09 |
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FUR11
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Activity: 378
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FURring bitcoin up since 1762
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November 07, 2014, 01:14:58 PM |
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Okay so, how did this get derailed to a thread about Scotland? Had to double-check if I this is the right thread. Anyways: What's up on Havelock? Insane amount of bids and some distinct upward-pressure going on. Anything that I've missed? 1000 share wall at .09 Yeah that's basically what was puzzling me. Where did this wall come from? But I guess no one knows jack - as always Would be great if this was some board member who is confident enough to buy back some of their shares they may have sold in an attempt to hedge for potentially worse times. |
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KarmaShark
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November 07, 2014, 01:18:45 PM |
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Okay so, how did this get derailed to a thread about Scotland? Had to double-check if I this is the right thread. Anyways: What's up on Havelock? Insane amount of bids and some distinct upward-pressure going on. Anything that I've missed? 1000 share wall at .09 Yeah that's basically what was puzzling me. Where did this wall come from? But I guess no one knows jack - as always Would be great if this was some board member who is confident enough to buy back some of their shares they may have sold in an attempt to hedge for potentially worse times. Yes, it could be. Some of us may just have grown tired of seeking out holders on the forums in private deals for large lots of shares. This way the order can be filled from the 31k shares on AM1, a relatively easier method than working private messages back and forth. The order will be filled, I am sure. |
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elasticband
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Activity: 1036
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Nighty Night Don't Let The Trolls Bite Nom Nom Nom
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November 07, 2014, 01:28:01 PM |
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Okay so, how did this get derailed to a thread about Scotland? Had to double-check if I this is the right thread. Anyways: What's up on Havelock? Insane amount of bids and some distinct upward-pressure going on. Anything that I've missed? slight derail, sorry  Not much else goes on here anyway, speculation and some friendly banter. Roll on December  |
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Chalkbot
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November 07, 2014, 09:00:38 PM |
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AM has over 4PH of hashing power right now, due to AMHash "fiasco".
What do you mean by this? Is there a source for this information? I was under the assumption that AMHash was a Rockminer franchise entity. |
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Dexter770221
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November 07, 2014, 10:53:55 PM |
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....
I was under the assumption that AMHash was a Rockminer franchise entity.
So far no one knows what is bussiness connections between those two. If it's franchise AM recives BTC from them either way... |
Under development Modular UPGRADEABLE Miner (MUM). Looking for investors.
Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
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jimmothy
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November 07, 2014, 11:00:35 PM |
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I was under the assumption that AMHash was a Rockminer franchise entity.
So far no one knows what is bussiness connections between those two. If it's franchise AM recives BTC from them either way... No they have made it pretty clear. AMhash is owned by AM. Rockxie/rockminer is partnering with AM to handle the PR side of things. Amhash is just a way for AM to sell their hardware to people who would otherwise have no chance of mining due to electricity costs/setup costs/etc. The profits will go in to building more hardware out of the stockpile of chips. |
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Dexter770221
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November 08, 2014, 12:26:07 AM |
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....
Rockxie/rockminer is partnering with AM to handle the PR side of things.
....
I think it's more than that. There's no reason to partner with other company just to aquire some PR. And AM wouldn't seek PR person just to double jobs positions... I wrote this earlier: How much does AM profit from this deal anyway? For every GH sold on havelock, how much does AM get ?
I'm understandig this AMHash thing that way: AM is selling tubes/prismas in bulk with a little lower price than 1.0BTC/TH to RM. With delayed payment agreement. RM is building a farm (adding PSU, infrastructure etc.) and selling shares of that farm (1.25BTC/TH). When IPO will close RM will pay for hardware to AM. If not all shares will be sold RM will mine for AM, taking maintenance fee (or AM will be the owner of shares). Deducted from previous answers of rockxie. |
Under development Modular UPGRADEABLE Miner (MUM). Looking for investors.
Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
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hdbuck
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Activity: 1260
Merit: 1002
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November 08, 2014, 12:59:05 AM |
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....
Rockxie/rockminer is partnering with AM to handle the PR side of things.
....
I think it's more than that. There's no reason to partner with other company just to aquire some PR. And AM wouldn't seek PR person just to double jobs positions... I wrote this earlier: How much does AM profit from this deal anyway? For every GH sold on havelock, how much does AM get ?
I'm understandig this AMHash thing that way: AM is selling tubes/prismas in bulk with a little lower price than 1.0BTC/TH to RM. With delayed payment agreement. RM is building a farm (adding PSU, infrastructure etc.) and selling shares of that farm (1.25BTC/TH). When IPO will close RM will pay for hardware to AM. If not all shares will be sold RM will mine for AM, taking maintenance fee (or AM will be the owner of shares). Deducted from previous answers of rockxie. definitely sounds likely. too bad we have to figure it all out by oursleves. FC would get even more support if he would just be more transparent about it all. Here.. |
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jimmothy
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November 08, 2014, 01:06:41 AM |
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Rockxie/rockminer is partnering with AM to handle the PR side of things.
....
I think it's more than that. There's no reason to partner with other company just to aquire some PR. And AM wouldn't seek PR person just to double jobs positions... I wrote this earlier: How much does AM profit from this deal anyway? For every GH sold on havelock, how much does AM get ?
I'm understandig this AMHash thing that way: AM is selling tubes/prismas in bulk with a little lower price than 1.0BTC/TH to RM. With delayed payment agreement. RM is building a farm (adding PSU, infrastructure etc.) and selling shares of that farm (1.25BTC/TH). When IPO will close RM will pay for hardware to AM. If not all shares will be sold RM will mine for AM, taking maintenance fee (or AM will be the owner of shares). Deducted from previous answers of rockxie. How did you come to that conclusion? The second sentence in the AMhash thread makes it pretty clear: In this contract, the hashrate is provided by ASICMiner, the management is provided by
RockMiner, and the platform is provided by HavelockInvestments.
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hdbuck
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November 08, 2014, 01:15:08 AM |
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....
Rockxie/rockminer is partnering with AM to handle the PR side of things.
....
I think it's more than that. There's no reason to partner with other company just to aquire some PR. And AM wouldn't seek PR person just to double jobs positions... I wrote this earlier: How much does AM profit from this deal anyway? For every GH sold on havelock, how much does AM get ?
I'm understandig this AMHash thing that way: AM is selling tubes/prismas in bulk with a little lower price than 1.0BTC/TH to RM. With delayed payment agreement. RM is building a farm (adding PSU, infrastructure etc.) and selling shares of that farm (1.25BTC/TH). When IPO will close RM will pay for hardware to AM. If not all shares will be sold RM will mine for AM, taking maintenance fee (or AM will be the owner of shares). Deducted from previous answers of rockxie. How did you come to that conclusion? The second sentence in the AMhash thread makes it pretty clear: In this contract, the hashrate is provided by ASICMiner, the management is provided by
RockMiner, and the platform is provided by HavelockInvestments.
this means nothing, if not just supporting at the very best Dexter's point. |
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jimmothy
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November 08, 2014, 01:46:55 AM |
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....
Rockxie/rockminer is partnering with AM to handle the PR side of things.
....
I think it's more than that. There's no reason to partner with other company just to aquire some PR. And AM wouldn't seek PR person just to double jobs positions... I wrote this earlier: How much does AM profit from this deal anyway? For every GH sold on havelock, how much does AM get ?
I'm understandig this AMHash thing that way: AM is selling tubes/prismas in bulk with a little lower price than 1.0BTC/TH to RM. With delayed payment agreement. RM is building a farm (adding PSU, infrastructure etc.) and selling shares of that farm (1.25BTC/TH). When IPO will close RM will pay for hardware to AM. If not all shares will be sold RM will mine for AM, taking maintenance fee (or AM will be the owner of shares). Deducted from previous answers of rockxie. How did you come to that conclusion? The second sentence in the AMhash thread makes it pretty clear: In this contract, the hashrate is provided by ASICMiner, the management is provided by
RockMiner, and the platform is provided by HavelockInvestments.
this means nothing, if not just supporting at the very best Dexter's point. It says AM is providing the hashrate.. That means it's AM's farm and RM is just managing the cloudmining. Hopefully these posts make it more clear: RM now are going to cooperate with AM in many parts,such as marketing,sales,R&D...etc.
In fact, AM is trying to change, and some changes have been made, AMHash is a clear signal.
The reason why we started AMHhash project is based on factors below:
1 Most of customers's electricity is not cheap enough for mining right now and AM find the right place to deploy.
1. Before IPO closes, ASICMiner has the right to buy back at the price of IPO price * 100.5%.
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Mabsark
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Activity: 826
Merit: 1004
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November 08, 2014, 06:41:43 AM |
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From the last update from FC, it is clear there will not be any dividends, not in the short or medium term. Long term there is simply no way to know if AM will make any money at all.
Until dividends happen, and that's a very long time, price will simply continue to fall.
AM has over 4PH of hashing power right now, due to AMHash "fiasco". Tapeout of Gen4 is done that means majority of expenses are done. Learning from past they will no longer order 20% network hashing power in chips. So to stay in bussiness they don't need that many $, propably current hardware sales will cover expenses needed for Gen4. Meanwhile 4PH is hashing and friedcat wrote that it's not the end of mining expanding... Divs in this year, remember my words  AM likely has far more than 4 PH/s hashing right now. They've been building their farm since mid July. That 5 Ph/s is just a small slice set aside for the specific purpose of selling mining contracts. Update
1. Due to the relatively lower interest from individual miners as well as OEM producers, the self mining has re-started from middle of July. We had gain access of cheap electricity and high power capacity. We hope to regain the average hashrate percentage similar to 2013 with this generation of chips.
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RoadStress
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Merit: 1007
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November 08, 2014, 02:13:47 PM |
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AM likely has far more than 4 PH/s hashing right now. They've been building their farm since mid July. That 5 Ph/s is just a small slice set aside for the specific purpose of selling mining contracts.
Do you think AM self mining is bigger or smaller than KnC farm? |
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elasticband
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Activity: 1036
Merit: 1000
Nighty Night Don't Let The Trolls Bite Nom Nom Nom
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November 08, 2014, 02:19:44 PM |
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AM likely has far more than 4 PH/s hashing right now. They've been building their farm since mid July. That 5 Ph/s is just a small slice set aside for the specific purpose of selling mining contracts.
Do you think AM self mining is bigger or smaller than KnC farm? Do you think spondoolies self mine is bigger or smaller than the spondoolies HW farm that burnt down? |
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chairforce1
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November 08, 2014, 02:44:18 PM |
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Do you think AM self mining is bigger or smaller than KnC farm?
Do you think spondoolies self mine is bigger or smaller than the spondoolies HW farm that burnt down? Do you think Putin's dog is bigger or smaller than the dog of David Cameron? |
Death is nothing to us, since when we are, death has not come, and when death has come, we are not. #yolo
-Epicuru$
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