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elvistrout you did another withdrawal a few days ago for 0.001 again http://prntscr.com/6mis9ryou are requesting the default, put the full amount in that field. Ah I see that now, thanks, have requested again |
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elvis your last withdrawal request was a week ago for 0.001 BTC, it was initiated within hours
Ok well I have sent multiple requests, perhaps with a requests already pending it doesn't register new ones? I tried withdraw the total balance. I will send another request. But if that doesn't work please send remaining balance 1.9573254 btc to address 1DPJDuAw12TSP4WZ6ix31LNJn8LNy2MbAD |
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Hi there, have sent a new withdrawal request, username ElvisTrout, please process
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This is looking increasingly dodgy. Please process the withdrawals
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I am also waiting on a withdrawal, same user name.
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Hi there, the website keeps logging me out after a few seconds am I being hacked or is there some problem with the site?
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Yup, I see that you're right, thanks for sharing
Maintenance fee is taken straight from the AMhash page.
Still, buying and selling shortly after IPO has always worked out well in the past, although with the prospect of multiple IPOs on the horizon that isn't very likely this time. I guess I'll use these shares to hedge my shorts.
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Actually, with a 10% difficulty increment, you'd break even after 160 days according to BitcoinWisdom.
Say what? Try again, this time dont forget to enter maintenance fees. The highest difficulty increment it will support is 4%, and then it takes nearly a year to break even. Morover, it requires an end difficulty that is just 90B, The only way difficulty will be that low a year from now, is if Bitfury 28nm falls flat on its face, KnC joins BFL and HF in bankruptcy, spondoolies is bombed by Hamas and friedcat put in prison. care to share your calculations on that? |
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As someone who has been burned by mining projects in the past, just want to warn people you will most likely lose money on this  If the mining rigs were profitable they wouldn't be selling them to you, it's not a charity. Best of luck! |
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Exante has a bitcoin fund too, doesn't seem to have many buyers.
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Recent price drop is thought to be whales preparing for the FBI's silkroad btc auction
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Why not take advantage now with the high price of Bitcoin, and get ahead of the flood. Early bird gets the worm
Because the price is going to rise further |
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This was the update Update about this weeks dividend payout:
Calculation:
1,875 LTC or 32.3 BTC in total from mining
- 12.01203053 BTC as dividend (0.00040805 BTC/share)
- 18.01804580 BTC reinvestment
- 2.26992366 BTC as hosting fee
LTC/BTC ratio is still under pressure as BTC is gaining in value. The good news is that our reinvestment funds also grow in USD value, which should have a positive effect on our purchasing power for new hardware.
Sorry ill rephrase that, any news/update on when and where this purchasing power will go to? We should wait until the bitcoin price peaks anyway, then we'll be able to buy a lot of hardware! |
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Puppet its all about timing. i think most folks get burned by greed though
Timing is important, but its even more important to understand the fundamentals of the market. When it comes to asic mining, on average anyone who is directly or indirectly dependent on market prices for their hardware, ie, doesnt produce his own chips, will get shafted. You may get lucky here and there, with clever or lucky "timing", but those instances are the proverbial exceptions that prove the rule; The odds are firmly stacked against you, and this is inherent to the weird market dynamics of bitcoin mining. Far too few people understand this, and they just look for the "least worst" opportunity out there. Since there are so many wannebee investors, they create demand and drive up prices (and directly or indirectly, hashrate) in a market that is zero sum, and the result is that there are no decent opportunities for anyone. Maybe cryptx will be among least worst, but its not gonna yield a BTC denominated profit in the long run. All it will do is funnel capital to the asic vendors and their mega mines who will end up owning this market. BTW, I should add, cryptx is no fool. If he can avoid regulatory trouble, then he will profit too, regardless of his investors ROI. I suspect he also understands the fundamentals all too well. Well in terms of timing, perhaps having a large hashrate just before a boom will be 'lucky', so maybe we will see ROI. I admit we'd have to be lucky, but it is still a possibility. |
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I'd say the biggest problem are neverending 15% difficulty jumps, first tomorrow and the next one almost for sure about 11 days later, this pace of hashrate growth will be barely possible to catch. I expect another dip after friday dividend payout...
Hmm, first you come on here (as a newbie) telling us you doubt the farm even exists, now you are telling us there is no chance of ever catching difficulty. Does it pay well in Club Troll? Well he has a point about the difficulty, is our reinvestment increasing our hashrate at 15% every 11 days? You and your naysaying pals have made your position very clear with regard to keeping up with difficullty. But lots of people here disagree with you, and thats fine. What makes your postings suspicious is the constant repetition of the same assertions daily from the same small group of people and various newbies appearing out of the blue. So lets just agree to disagree, and leave it that. Unless of course your paid not to leave it at that! I am heavily invested in this operation so I am not here simply to troll, these are genuine concerns. The reason these things are repeated is because unfortunately no-one so far has provided any information to disprove the assertion. Edit: although the rising btc price might keep us going a bit longer. |
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I'd say the biggest problem are neverending 15% difficulty jumps, first tomorrow and the next one almost for sure about 11 days later, this pace of hashrate growth will be barely possible to catch. I expect another dip after friday dividend payout...
Hmm, first you come on here (as a newbie) telling us you doubt the farm even exists, now you are telling us there is no chance of ever catching difficulty. Does it pay well in Club Troll? Well he has a point about the difficulty, is our reinvestment increasing our hashrate at 15% every 11 days? |
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It's reading 1345 now on the 1hr, does look like new hardware maybe. I expect Cryptx bought 1500 anyway and were simply going to bring the rest online whenever the reinvestment fund could afford it, I guess we'll have to wait for friday for an announcement. Pretty exciting though, Glad I bought up some cheap shares while I could |
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Again someone drop bulk of shares to 0.07. Maybe it is time to finally step back?
Sorry I'm just trying to understand what you are saying here... Basically if someone dumps a big bunch of shares you follow suit and when others are buying u do the same and everyone should follow? Is that what you are saying? I am just wonder it they maybe know more? For some reason lot of players step out so am starting thinking maybe there is a reson which I don't know. You know another reason they could have done it is simply so they could buy cheaper. With so little on the buy side the market was left ripe for manipulation. I know I managed to get some cheap shares as a result of whoever did it. There used to be a few bots on this market, it could have been one of them. |
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We might have had a chance if we had a big reinvestment fund waiting for the boom in July. However what cryptx have cleverly done is position it so that we got the loan during the run up to the boom when btc are cheap and we will have just about paid it back by the peak. Cryptx wins PETA loses. I am still holding because cryptx have been very reasonable in the past.
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