Quote from: Chris_Sabian on October 24, 2014, 02:02:19 AM

Quote from: stompysteve on October 24, 2014, 01:34:55 AM

Quote from: RoadStress on October 24, 2014, 01:28:16 AM

Quote from: Chris_Sabian on October 24, 2014, 01:23:03 AM

Quote from: RoadStress on October 24, 2014, 12:27:47 AM

Quote from: stompysteve on October 24, 2014, 12:04:20 AM

im still kinda confused on the fees, each day each GH maint fee is what....

First I understood that it's $1.63/day for each GH, but now I think it's $1.63/day for each TH. Taken from their picture with maintenance being $587 for 1 year for AMHash1 that costs 1.25 BTC. But I find it weird cheap.

$1.63/day for each TH makes it much more reasonable. That price for each GH is terrible. That would be on par with each gen1 chip with 10W/ GH

That's my thoughts too, but that makes it $49/month for a TH which I find too cheap. for a 0.7W/GH that would mean 700W for a TH and a power cost of just 0.03$/kWh. It's either that cheap or something is fishy here. And if AM can get so cheap power why didn't they self mined faster or stronger? That power cost is a miner's wet dream.

"FriedCat has more tricks up his sleeve as well with new chips on the way and a new partnership we will report on here in the future."

maybe they really do have super cheap energy and they would make more money by cloud mining? I got no answer here

FC was talking about finding cheap electricity at the Salon back in August. Let's not for about the DataTank partnership as well.

maybe they need funding to start upgrading their own mining OP?