Quote from: Puppet on February 16, 2015, 09:31:09 AM

Quote from: ddalex on February 16, 2015, 08:40:57 AM

I am surprised that the price of AMHASH1 is too high now knowing that:

1) Friedcat said: "We will pause the transaction and dividends of AMHash from 10th February to 28th February"
2) The transactions are not paused
3) Friedcat did not said "We will pay the total of dividends for 10-28 February
IF we restart in the beginning of March"
4) Havelock indicates a wrong 208.57% when dividend is 0.0 for 20 days
5) Friedcat disappeared: Last Active: January 26, 2015, 03:46:31 AM

https://www.havelockinvestments.com/fund.php?symbol=AMHASH1

TBH, none of those arguments should have any substantial influence on price.

I do share your surprise at the relatively high price though, but for quite different reasons. We're half way through Q1, Bitfury should be really close to deploying their next gen 28nm chip - its already overdue, but "imminent" according to their CEO (who btw recently bought Allied Control, the submersion cooling company AM was working with). Spondoolies should have their next gen out in this quarter and of course AM themselves seem close to releasing their next gen. All of these devices (and quite possibly some others I dont know about from bitmain, avalon or others) should achieve around 2J/GH which will cause network speed to roughly triple even at todays price, pulling AM1 divs below zero.

THe only reason I see to buy AM1 is as a bet that all these next gens will fail to perform anywhere near stated specs, or fail to materialize in meaningful numbers within the next ~6 months. Not a bet Im willing to make.

well also some people do buy amhash shares to have them while they wait for the next generation miners also other people buy them so they can pretty much short term trade them or day trade them in some cases. I myself am waiting to see what 28nm brings out hell if bitcoin holds out i had seen this thing on google about 24nm, not sure if it was for real though or fake