A what?!


Though, as Dutchman (not lost, though feeling lost) I do not quite have the duck thing in my blood 

Same questions over and over. But they're not going to be answered. I think the Scrypt.CC people are really doing well for themselves (and those that trust them) and don't feel the need to step up to the next level, which would consume so much more time and effort for them. By keeping this "beta" they can follow their own path without too much responsibilities. If you can live with that, join the party. If not, well, there's plenty of others who are more transparent. It's good to have a choice

Aan je korte broek te zien is het een pittig kacheltje

Update for month 5 of CloudHashing mining:

Starting date Feb 15 with 420Ghs
Month 01 : 1.4 : 1.4 BTC -> actual 1.58 : total 1.58 BTC - (10%fee) -0.16 BTC = actual payout 1.42
Month 02 : 0.7  0.7 BTC -> actual 1.22 : total 2.81 BTC - (10%fee) -0.28 BTC = actual payout 2.53
Month 03 : 0.4 : 0.7 BTC -> actual 0.75 : total 3.56 BTC - (10% fee) -0.36 BTC = actual payout 3.20
Month 04 : 0.2 : 0.4 BTC -> actual 0.56 : total 4.09 BTC - (10% fee) -0.41 BTC -  actual payout 3.68
Month 05 : 0.1 : 0.3 BTC -> actual 0.41 : total  4.54 BTC - (10% fee) -0.45 BTC -  actual payout 4.09
Month 06 : 0.05 : 0.2 BTC
Month 07 : 0.0125 : 0.1 BTC
Month 08 : 0.007 : 0.08 BTC
Month 09 : 0.004 : 0.05 BTC
Month 10 : 0.002 : 0.03 BTC
Month 11 : 0.001 : 0.02 BTC
Month 12 : 0.0005 : 0.01 BTC

Total expected, around 4,69
Total investment 5.2 BTC


All in all I'm still better off then some of the people who posted here, especially those that vaporized their returns in the Reinvestment Program. Though, lucky as I am, it still doesn't look like I'm on a profitable path.

Oh, on their dashboard, they also show a USD value of what you've earned. Or at least, what the total USD value is of all BTC you've mined, based on the latest BTC value. Though I seem to remember that they also did payouts when BTC value was around $450 for like two months instaed of the $620 it's worth now. Debatable, perhaps. But this one is not: they've forgotten that they take 10% from your amount, so the amount they show you contains dollars they've never paid out and you will never see, yet they make it seem like you do. A bit cheeky.


And let's not forget CloudHashing's mission:
.

Hmmm, PBMining's thread is filled with all the above, yet you have an investment there but you won't at BCS. If I look at your reasons then there's just one thing different from PBMining, and that's the sudden absenteeism. And I can't blame you for that. It's one the things I've mentioned to them. If BCS wants to build a big memberbase then they have to face those members. Frequent updates here but also on the website help. There's too much silence and too much uncertainty being left to grow into bigger doubts. But all that is up to BCS. Either they pick that up or time will tell, which takes a hell of a lot longer. The recent changes seem to suggest they're building up for more, so who knows...

In the mean time they're out of stock, so there's not much to invest anyway:
We are out of stock
We are waiting for new hardware, we’ll start to take new orders as soon as it arrives.

Ritch, you're like big dog, jumping all over the place giddily and bumping into people. Down, boy, you're scaring people

About India or China, their faq says their mines are located in the UK, US and South America. The UK doesn't exactly strike me as cheap, but really, apart from what wiki sites I know little about costs worldwide. And it's rather meaningless also without a clue about what's actually using power.



And duffles seemed to ring a bell. I think he's one of the facebook people that left a comment on the BCS page

~opens a window to air the thread~ 

Ik kan er maar 1 hebben, 0.25 BTC voor degene met de mankerende module, of 0.3 BTC voor de ander.
Zijn dit eigenlijk oktober versies? En die rammelende module, is dat een Die 0-achtig iets?

What exactly do you want to hear from someone with good reputation? I don't think much more can be added than already exists in this thread. BCS has some awkward tendencies to secrecy, a virtual office, and it's not exactly clear where the BTC is coming from. But support is active, the referral system has been changed considerably recently, and they pay out daily as stated by a few people, including me, and including payout information posted by BCS earlier in this thread.

Looking back at PBMining, I'd wish I had spent my nearly $4000 there in January instead of CloudHashing.com. But afterwards it's always easy

I think it's all up to you whether it adds up or not.

Some people also don't understand Scrypt.CC. They invest one sum, sit back and wait for things to pile up. If that's your approach then stay away from Scrypt.CC. As the mining rewards drop, the market aspect becomes more important. You don't need to be trading all the time, but you should know when to buy and when to sell. If not then chances are reality catches up on you.

Well, glad to hear refs are working fine. I am always unsure, so not sure what to say

Things happened to coincide with me not getting referrals for some others as well, so I figured the drop in rewards made everybody a bit weary. But you say referrals are going nicely, and Ian has given me some valuable information also. That changes my view on the way things are going, so I guess I better look at my end of things

Around 90 days. But personally I use this calculator as most others are much too optimistic: http://evolyn.net/bitcoin/mining_calc.php
Using that one I reach Break Even (for BTC) after 154 days. I have a tendency to make things slightly worse, but still, don't expect to get your investment back in 3 months. 5 or 6 months is longer then you might think though, and by then difficulty is so high that the road into profitland is pretty thin.

But that's just looking at one single mining contract, and you've already learned to never put all your money on one horse. And to not take anything I or someone else says for granted

Hmmm, that's were I was. Some days nothing, other days two. But at some point I got nothing at all for quite a while so I asked GM to check cause I thought it strange. And they found a truckload of referrals that hadn't been credited. Makes me wonder now. Though I have gotten a ref occasionally. I just never got a confirmation that the earlier issue was fixed. Not sure now, as the general market has become a bit more difficult. It's probably me.

Boxuser, you cannot choose an algo, but you can mine a certain coin, BTC, Darkcoin, Megacoin, Feathercoin and a few more. In the case of BTC or DRK, the most profitable altcoins are mined and exchanged for BTC or DRK

Anyone else still having luck with referrals? I haven't seen a single one for quite a while now. Not since just before the price drop. Figured the price drop might do good, but so far it hasn't.

Heh, I stay away from CEX. Too much risk. Not of them disappearing, but they have weird fee's. It takes a while to understand how to work CEX into a profit, but I'm busy with other things, so I stay away.

And so far BCS is paying on the clock. I've also taken a closer look at their new referral system and I rather like it. All things considered it's a good thing. Maybe the old system offered a higher return, but only in tiny bits over a very long time. The new system pays slightly less but you have the entire amount in your wallet after one week. For big referrers, which I hope I'll be, the new system is much better even. Also the fact that they actively work on their systems is a good sign. Now, if they were only a bit more open about themselves. And changed the looks a bit

Oh
My
God

I really need to take things a bit slower, LMFAO 

Thanks for thinking along Ian, but it's all me. I'm not getting any BTC cause I'm not mining BTC. It's that stupidly simple! I've got BTC coming in from various places, so I've pointed all hashrate on GM at Megacoin.

So, usually I'm not the first to blabber about payout, but the last BTC payment I received was on July 9. My computer says it's now July 12. At least 2.5 days since the last payment, and that's rather a long time 

Heh, the whiners will never be silent, Ritch. Look at PBMining. Paying steadily since January and still the same sort of talks continue. The same will happen here. Next year in January the same ponzi warnings will be posted, again and again. Or who knows, maybe BCS is gone then. But that's all in the game


In the mean time, I've had an email talk with BCS, with John Watt of support, about the new referral program. And yes, once again support was on their post and responded properly. My previous post about the referral program was somewhat off, as I misunderstood. Which happens quite often lately, it seems. Still, in response to my misunderstanding they've changed the page, explaining the new structure beter so silly people like me don't go nuts over wrong ideas. Keyword was that I totally missed the part about "earning Bitcoin for inviting friends".
So, two big differences in the new system:
As a referrer you will not receive hashrate, but instead you will be paid a percentage in Bitcoin, straight into your wallet (actually, after the 7 day refund time has passed)
Second thing is, the old ref link will continue to exist, though BCS prefers the use of the new system.

The new system comes with a nice dashboard, showing your url of course, and the number of refs, number of paying refs, how many visits, and so on. A lot more knowledge, and probably worth quite a bit more for an active referrer. Getting 100 paying refs for the top earnings is not an easy task, but hopefully in time, as BCS grows, that will get easier.

Doesn't happen often but in this case I don't understand what you mean

Yes, I probably deserve to be handbagged severly. I don't plan on coming here and seeing post after post with the same sort of brainless crap. But fine, the ignore function does wonders.


In the mean time, the new ref program is online and existing affiliates are required to re-register before the old affiliate url becomes invalid.

In short:
Earn up to 10% in Bitcoin by inviting your friends
to Bitcoin Cloud Services.
1- 50 referrals – 5% in Bitcoin
51-99 referrals – 7.5% in Bitcoin
100  or more referrals – 10% in Bitcoin

No more 10% unless you manage to find at least a hundred new refs, because the existing refs are basically wiped:
"If you are an affiliate from our past program your  referral link will work for some time and earn you GH/s but we urge you to sign up for the new program and update your referral link. Your past referrals won’t be migrated to the new referral program but you will still receive earnings from your GHs"

That's not acceptable. I urge BCS to come up with a proper solution.

Amazing s1lverbox. You've had plenty of opportunity to come up with sensible things but you keep blabbermouthing the same crap. You're a disrespectful, prejudged nutcase with no room for opinions other then your own. Luckily there's an easy solution for radical freaks like you, [ DO NOT POST SESC LINKS ]click ignore[/url]