I have a couple of questions about mining sia. If I leave my wallet on and mining, will it reset itself and start actually mining real coin once the coin goes live? Or do I have to download a different version, clear something from the cache, delete the .dat file, be there at the right time or something else to get it to work?

Also, where do I find a GPU mining build that I can just download and run? How about a pool? You know, the normal stuff people use to mine crypto.

Thanks.

Scrypt.cc is once again hashing and paying out for mining. It appears to be a lesser amount than previously paid for the same hash rate, but that is probably more realistic and may lead to a longer lasting experience.

Scrypt.cc has been a good profit maker if you paid attention and got out when the getting was good. It may return and continue to be a high-risk, high-reward site. Whether it is a true ASIC-based mining site is another story altogether - doubtful at best. There are some clues for anyone who paid attention.

1. The history of purchase and sale of hash rate disappears rather quickly from the dashboard section. Your transactions are no longer visible for these sections after only a week or so. Only the deposits and withdrawals are still shown. Fortunately in my case, I came out about 0.03 ahead after playing with about half a bitcoin worth of hash rate for about two weeks, mostly from the buying and selling on the rate changes.
2. The downtime scenario that they have described is unlikely but possible, and they have a pretty sketchy history. Just look at the forums from last year.
3. When buying or selling hash rate, there was always a big wall that was kept in place - a million or so KHS - that never bought or sold but just kept moving with the price. Transactions were typically in the one to one thousand KHS range. This was an obvious sign of the manipulation of price by the site. The price swings were rather steady, but could go either way for a few days at a time and then reverse.
4. The promise of a 60-day ROI should have been a big red flag to anyone who has watched the industry at all.

I had bought as low as 0.00001001 and sold as high as 0.00001265 over a two week period. Luckily for me, I happened to buy in low on my first purchase, just before it rose. Then I sold high, just before it went back down. I got back in and repeated that process one more time, and was watching for a third attempt when this happened. It looks like prices are pretty low right now if anyone wants to really roll the dice...I'm sure there are lots of people willing to sell for any amount they can get.

Like PBMining, or GAW or any of the other long term scams out there in this arena, there was money to be made by timing it right. However, that still leaves us with the old wisdom that if it seems too good to be true, it probably isn't true. Caveat Emptor...just buy some Bitcoin if you want some Bitcoin - it is much, much cheaper that way and the scams are not as prevalent. Just use one of the major exchanges and get your bitcoin out as soon as you buy it. Keep it in a local wallet on a computer, and make a backup of the wallet and keep that in a safe place. Do not trust anyone else with your coin.

I want to link my Bitcointalk name with BTCJam's. Verification code: d4fb43b8-b0f6-43b6-be17-e9d5a7328a1c