Bitcoin Forum
June 22, 2024, 04:13:48 PM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 [26] 27 28 29 30 31 32 33 »
501  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Scrypt.CC | Scrypt Cloud Mining on: March 28, 2014, 01:18:39 PM
Oh, wait, I've forgot to count the profit buy's of course! All those little reinvestments...

So, okay, if I add those the numbers change considerably. But those are an insane amount of numbers to add, so yeah, I'll take 40% as true, just as happy with that!

Of course the fact remains that I didn't pay more then 1.6BTC from my personal wallet (unless I missed a deposit somewhere), and I could withdraw a total of 4.4BTC to my personal wallet Wink
502  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Scrypt.CC | Scrypt Cloud Mining on: March 28, 2014, 12:31:43 PM
Oww, I was not expecting an asic impact so soon. At least not before I have my asic. But still, the lower profit may also be caused by the dropping value of coins all around. That drop is hugely significant as well.

But yes, yesterday was very good day at scryptcc. Today seems to be doing fine also. If that's the effect of scrypt-jane and -N mining then way to go! Beats any dedicated coin cloud by miles.


Also, did some math yesterday. My first deposit to scryptcc was on Feb 25. In the next 2.5 weeks I've invested a total of 1.6BTC.

Since day 1 I have reinvested 100% of the payouts, several times per day. With scryptcc's payouts every 10 minutes that's possible, you know. That reinvestment/profit amount is upped with 5% commission from referrals, of which I have a bunch, though they have far less khashes amongst them as I would have expected.

Anyway, if I would sell all my hashrate right now at the current lowest selling price, I would walk away with 4.4BTC. That means I went from 1.6 BTC to 4.4 in one month Shocked

I've virtually tripled my investment and to be honest, I find that hard to believe myself, but those are the numbers in front of me. Only withdrawing all of it would make it real instead of virtual, but I let it grow further, to 8 or 10BTC on May 1?! That makes me think of one of my referrals. At one point he had 7Mhs up and running and apparently didn't agree with the profitrate and sold out. Too bad for me, but apparently hugely bad for him. He might have doubled in a month time?! From 10BTC to 20, but alas. Then again, I didn't expect to see this revenue either Grin
503  Local / Nederlands (Dutch) / Re: bitcointalk.org on: March 26, 2014, 10:59:47 PM
Het spul wordt nog wel eens geDDOS'ed. Al dan niet om de boel te narren dan wel pogingen om iets te hacken of te cracken.
504  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Scrypt.CC | Scrypt Cloud Mining on: March 26, 2014, 02:10:36 PM
Yah, as I said, I'm okay with the profit rate. I was referring to some people who still believe it's possible to make spectacular profit in a matter of days/weeks. I'm sure it's possible, but I haven't managed to do so since Nov last year. Anyone who can, please let me know. Anyway, for some 0.5% per day sucks. For me it's fine, especially because of that consistency. That allows for planning, so I have put my faith in this as a long term thing, reinvesting all I make for now.

Not sure what the impact of asics on the prices will be, but I don't think much initially. That's why I think buying Khs now and building up to when asics arrive will give an edge over those who step in then. And also, lower prices don't matter for a miner with long term vision. It just means reinvesting will deliver more khs. I plan to have at least 5Mhs (yeah, 10 or more, but...) by the time asics become significant, after the summer maybe?!
505  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Scrypt.CC | Scrypt Cloud Mining on: March 25, 2014, 11:48:54 PM
The calculator sucks, that's a fact  Wink


But yeah, this is about right:
Total KHS: 325
Total Investment: 0.50336650 BTC ($293.46 USD)


3Mhs would be a little over 2600, to be more accurate


Who the people are, I don't know. But I've never known that. Been scammed a few times, and I've received several services as paid for, but I've never known the people behind the services and the sites, or had a clear notion that it was not a scam. Nothing is 100% safe anymore unfortunately

[edit]Also, I don't fear the coming asics much. When Bitcoin Asics came, ALL of those machines mined the same coin: Bitcoin. When scrypt asics come out, I guess a lot will mine Litecoin (which makes dedicated Litecoin Miner Clouds not so good choice, where scryptcc mines the most profitable coin), but a lot will also mine other coins, or join multi pools. The hashing power of those asic batches will be scattered around several coins compared to the first batches of Bitcoin asics. The impact will be much less. So any existing hashing power, especially hashing power aimed at several coins instead of one, will remain profitable a lot longer then the existing Bitcoin hashing power back when asics came into play.

But no, there's no quick profit. On the other hand, invest 5 BTC, mine one month, which may get you around 0.7 BTC in return (0.5 if things suck, 1.0 if things unsuck), and then sell your 3Mhs for the same 5 BTC, and voila, 5.7 BTC. Doesn't make some people happy enough, but I'm okay with it. Slow profit is also profit.
506  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Scrypt.CC | Scrypt Cloud Mining on: March 25, 2014, 10:58:22 PM
Er.... 1.20 per hour is $875 per month, and over $10,000 a year  Huh

3Mhs at scryp.cc is around $2500 currently, and lasts as long as you or scrypt.cc lives.

507  Economy / Service Discussion / Re: Best Cloud Mining other Than cex.io on: March 25, 2014, 12:22:39 AM
is that site secure? or am i missing something out there;

http://www.scryptcloud.com/

it's words (scrypt and cloud) are so generic so it's too hard to get relevant information about that site on web or bitcointalk.org

scryptcloud.com is a scam!

See
https://forum.feathercoin.com/index.php?/topic/6038-scryptcloudcom-legal-action-register-intention/
and
https://forum.feathercoin.com/index.php?/topic/5922-scryptcloudcom-100-scam-details-inside/
and
http://doges.org/index.php?topic=10233.0


508  Economy / Securities / Re: Cloudhashing ASIC mining contracts, UK LTD company - Now Mining & Paying Bitcoin on: March 24, 2014, 11:07:08 AM
Hi i4btc12,

The last difficulty raise was only a mere 11%. That is much lower then usual. The next raise, within 24 hours, will be 17%. Again not very high. Maybe it means the addition on new batches of hardware have less impact. Might be good news for the hardware manufacturers as that would mean their machines would be profitable a bit longer instaed of two or three months. And good news for CloudHashing as they could raise their prices to prevent profititability for their clients.

You can check the difficulty here: https://bitcoinwisdom.com/bitcoin/difficulty. You see the projected jmp for the next raise, and if you scroll down then you can see the previous jumps. What you see there are 2 to 3 jumps per month (every 10 days...). Check october for example and you see a whopping raise of over 100%. Feb saw a raise of 60%. If you apply the math from history onto the future then my forecast is pretty obvious and CloudHashing is of course aware of those numbers as it's their core business. Yet they refuse to come up with a decent answer. Which I can imagine,
Their mission is:
Quote from: CloudHashing.com
Our mission is to ensure the mining profitability of our clients for years to come ...
, but the prices they charge in combination with the rise in difficulty show that every contract they sell cost more in BTC then they deliver. That's a big OUCH.

BTC may rise in value, but what's the point when you have bought a contract with 5.2 BTC and you get 2.6 in return?! Maybe 3, if the difficulty increase is going down a bit, but still going up. Effectively it means they take 33% to 50% out of all their customers pockets (and "give" those to the MtGox victims in an attempt to look good and get free publicity so they can make more victims.) Am I too negative?! Perhaps. CloudHashing could make a difference yet they keep their mouth shut when it comes to decent explanations about prices and difficulty, and reassurance that the mission printed on their frontpage is sacred.

I'll keep on posting my actual earnings here month after month to show reality, even if I'm wrong(let's all hope so...). Enough opportunity for them to come up with a decent solution also.


Don't take my words for truth though. One rule applies in the crypto world: do your own thinking and take nothing somebody else says for granted Smiley
509  Economy / Securities / Re: Cloudhashing ASIC mining contracts, UK LTD company - Now Mining & Paying Bitcoin on: March 23, 2014, 04:29:22 PM
Okay, I get it, they're just not as automated as we would like then. Wish they would explain that then, instead of emailing a standard answer that doesn't answer my question. Thanks for the explanation, msc Smiley

510  Economy / Securities / Re: Cloudhashing ASIC mining contracts, UK LTD company - Now Mining & Paying Bitcoin on: March 23, 2014, 01:16:59 PM
Well, I know it's a lottery aspect, but with (back then) 1500Ths online it's not a question IF they find blocks, the question is how many they find. So if they find blocks every single day, how can it be that I have two days now without any revenue at all?!
I don't expect an actual payment to my personal wallet every day, but with BTC collected every day I do expect to see my share of those, little as they may be, in my ledger/history. It's just impossible that there are none. On March 8 I didn't get a single share all day long, and that day CloudHashing collected 125 BTC. Again on March 10, not a single share for me, yet CloudHashing made a whopping 201 BTC. This is the link they sent me, you can see for yourself how many days they have without finding anything:
https://blockchain.info/charts/received-per-day?timespan=30days&address=1ALA5v7h49QT7WYLcRsxcXqXUqEqaWmkvw

Last times they didn't find a single block was on Feb 7, 9 and 11. I can't remember how many ths they had online then, but it was quite a bunch of ths nonetheless, so I'm surprised even that doesn't garantee a single find. But anyway, my contract started the 15th. They haven't had a single day without blocks since then, so how can I have two 0 revenue days then Huh


...
...But even when no blocks have been posted, there may be blocks that have been found and are waiting to be posted.  They might be working on the scripts, and it's better to leave blocks sitting safely out on the blockchain than to risk erroneously crediting them and having to reverse the credits.

Sorry, trying to understand this exactly. Leave blocks on the blockchain? I can imagine them waiting for a sh*tload of confirmations and stuff, is that what you mean?
511  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Scrypt.CC | Scrypt Cloud Mining on: March 22, 2014, 12:33:16 PM
scrypt.cc put in more/better anti-ddos measures into place yesterday. The site has been ddos'ed day in day out, yet they're still around unharmed and everyone's coins are still safely there, which shows technically the place is okay. The mining wasn't even touched at all. And instead of taking the coins and run they've invested money in better armor to protect everyone's investment and improve site responsiveness.
No scam then? Well, as someone who got scammed a few times I'll never trust anyone and anything easily again. But that's growing. On a scale of scam versus legit, I'd say they've moved to the legit side a bit further.

Hope your issue works out, GhostPlayer
512  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Unobtanium: Updated 0.9.2 Build Available NOW + Faucet Fixed! on: March 20, 2014, 02:03:54 PM
So far I thought the general opinion of UNO lovers was that the coin is rare and therefore will be valuable without anyone having to do anything. Just sit back and see the demand rise and rise...

Well... It should start rising soon.

Right... ?

Hmmm...

Or perhaps people don't want a coin that they've never heard about because it's been out of sight since startup?! The dev team may be great, the coin may be brilliant, but most people don't care, heck, most people don't even know about UNO. I don't think that's the way to go.

So, yes, the next halving scares me too. Anyone who thinks a halving means that the value will go up has not been paying attention for quite a while.
513  Local / Alt Coins (Nederlands) / Re: Beste/goedkoopste manier om je altcoins uit te cashen on: March 18, 2014, 10:11:38 PM
Omzetten naar Bitcoin bij een van de triljoen exchanges, en die inwisselen bij een van de nederlandse bitcoin handelaren. Er zijn er voldoende. Er zijn niet veel directe exchanges war je met echte centjes naar buiten kunt op een eenvoudige en snelle manier. Niet bekend bij de bank? Heb je zoveel geld?
514  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Scrypt.CC | Scrypt Cloud Mining on: March 18, 2014, 09:39:06 PM
Yeah, it's being ddos'ed every day for some time now.  Cry
515  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Scrypt.CC | Scrypt Cloud Mining on: March 18, 2014, 02:26:01 PM

My ticket is not answered quickly enough, SCAM!
Site is getting ddos'd, SCAM!
Admin's spending time on his private life instead of looking at my tickets, SCAM!
Things are not up to my standard, SCAM!
MtGox screwed us and I see similarities here, SCAM!

Dude....  Huh


In the mean time, I keep on reinvesting my profit. Here today, gone tomorrow or double tomorrow
516  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Scrypt.CC | Scrypt Cloud Mining on: March 17, 2014, 10:45:44 PM
I'm invested to the tune of ~ 700 KHS but I am still skeptical of the whole operation.

Call it me doing my due diligence and here are some questions that are running through my mind:

Who are these people? An open and transparent company would provide a public face
How can we be sure it is not all a ruse where the data is being faked by a script and a Ponzi is being played out?

We hear that there is a 'ghost' miner pumping out 200 mhs each on 3 coins simultaneously but where is the proof that this is true and it is 'them'?

What sort of oversight/auditing by a third party is in place to verify all claims by the site spokesman?

We have had pseudo promises made and not kept with such things as pics of data center, being able to choose which coins to mine, mine with own rig, and new front end; yet none delivered.

I am hoping that it is legit but too many red flags say otherwise at this stage.

As an investor I am entitled to ask these questions. I will not go RAH RAH RAH like others in this thread and be a cheer leader for this service until it can prove itself. Only a fool would throw big cash at this right now.

This forum has a lot of established credible people in it. It would be ideal if a team of them could verify this entire operation. I for one would chip in some btc to help finance their trip.

Referral link at bottom if you are so inclined but I do not endorse it at this stage.

Well, I guess your approach currently is the right one. I can't vouch for scrypt.cc not to be a scam, but on the other hand, missing out on anything with this great potential is not good either. And let's face it, timing is perfect. You can wait for decent scrypt asics to boost services like this, but what if you can start today and take the edge already?! You'll be riding the first wave and be miles ahead of any competition. So yeah, maybe don't toss loads of BTC into it just yet, but do invest an amount of "learningmoney" that you can miss, and at least get to know the site and how it handles and performs and build up trust. If good times come around the corner you'll be there already at least. I stepped in with a few BTC as my learningmoney. And now I'm just reinvesting my daily gains.
517  Local / Nederlands (Dutch) / Re: Minister Opstelten: Verbod op Bitcoin onnodig on: March 17, 2014, 02:32:27 PM
Gelijk bewezen: domme vragen bestaan dus wel!

Verbijsterend dat er zulke enorme idioten in de Kamer zitten te teren op belastinggeld. Als je verdomme toch geen fatsoenlijk werk hebt, steek de tijd die je over hebt dan eerst eens in een beetje onderzoek voor je wat uitkraamt.
518  Economy / Service Announcements / Re: [ANN] Bit-Mining.Co -BTC & LTC Mining Services. on: March 15, 2014, 11:09:19 PM
Well, still no SSL issues for me, but maybe that's because the bit-mining.com certificate was issued by "Bitdefender Personal CA.Net-Defender" and I have Bitdefender on my computer and "Bitdefender Personal CA.Net-Defender" is installed as a trusted authority. Installing such a certificate as trusted authority would solve the issue I guess. Ideally you wouldn't have to, but...
519  Economy / Service Announcements / Re: [ANN] Bit-Mining.Co -BTC & LTC Mining Services. on: March 15, 2014, 11:22:50 AM
Just checked now, User6781, but there's no certificate issue or warning for me. Not in Chrome and not in Internet Explorer. Fired that last one up from it's deep sleep especially for you Wink

As for bit-mining.co, I still don't see any of my 40 referrals in my account  Cry
520  Economy / Securities / Re: Cloudhashing ASIC mining contracts, UK LTD company - Now Mining & Paying Bitcoin on: March 15, 2014, 10:22:34 AM
No problem. I bought a Platinum contract in January, costs: 5.2 BTC for 420Ghs, available on Feb 15.

Now do the math:
Month 01 : 1.4 BTC (at most! With a few days to go it's 1.25 actually)
Issue, is of course rising difficulty. In general that difficulty halves revenue every month. Apply that to the remainder on the year contract:
Month 02 : 0.7 BTC
Month 03 : 0.4 BTC
Month 04 : 0.2 BTC
Month 05 : 0.1 BTC
Month 06 : 0.05 BTC
Month 07 : 0.0125 BTC
Month 08 : 0.007 BTC
Month 09 : 0.004 BTC
Month 10 : 0.002 BTC
Month 11 : 0.001 BTC
Month 12 : 0.0005 BTC

Total over 12 months : 2.877 BTC
Cloudhashing charges a whopping 10% fee, makes the total 2.58 BTC.

Lets see, I invested 5.2 BTC, I will make only half that.
Actual revenue: -2.6 BTC !!!!


Update with actual earnings:
Month 01 : 1.4 BTC -> 1.58 BTC - (10%fee) 0.16 = 1.42
Month 02 : 0.7 BTC
Month 03 : 0.4 BTC
Month 04 : 0.2 BTC
Month 05 : 0.1 BTC
Month 06 : 0.05 BTC
Month 07 : 0.0125 BTC
Month 08 : 0.007 BTC
Month 09 : 0.004 BTC
Month 10 : 0.002 BTC
Month 11 : 0.001 BTC
Month 12 : 0.0005 BTC
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 [26] 27 28 29 30 31 32 33 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!