Post
Topic
Board Securities
Re: AMHash1: Cost-Effective Mining Contract
by
klondike_bar
on 12/11/2014, 12:56:16 UTC
- I don't own any AMHash shares.  Cheesy

Thats interesting. A mining contract that would actually be quite profitable even at 10% sustained growth at todays BTC price and continue to yield dividends in a  50+ EH network, Id invest in that in a heartbeat.

Why didnt you?  All your funds stuck in Asicminer ?

the AMHash price isnt that good - Its effectively 1.2BTC/TH (prismas and similar gear are about 1BTC/TH), with maintenance fees around $0.07/kwh. (prismas use 0.7w/GH). Its pretty competitive with the alternative, but still requires certain key factors to be a positive ROI.

(ps: Asicminer hasnt paid dividends in months. Theyve sold chips, sold hardware, sold cloudmining - where are the dividends? This alone makes me cautious of trusting thier other financial products)