Thought I'd share my experience with Skycoinlab over the last year.
I buyed a LTC contract for USD 29.7 at the end of January 2015 (actually two contracts summing to 29.7).
Over the course of the year the contract ran, I received total payouts of 11.29 LTC. In this time the payout has been reduced once.
So I made a little profit on that, however payouts seem to have been reduced again when I checked last, so I assume it is now harder to break even or even make profit except LTC price skyrockets.
Payouts seem to be made by hand always and can take a considerable amount of time to be executed after request, however I received everything in acceptable time.
For me they have been honest and correct - no complains at all. But I can only recommend investing if you are confident LTC will go to >6$ in the next 12 months.
In the hope this short review is of use for anybody, I post it here. As always: Before investing, do your own research!!
We really appreciate your review, think that it's the first one after 2 years of cloud mining
. Yes, the return is getting reduced because the difficulty fluctuations.
For the withdrawals, we are really sorry we have always to do it manually for security concerns that's why it take a time to process.
Thank you
