solracx and the 1000 ghash pipe dream

[Hippie Tech]

What happened::

solracx failed to deliver on his 1000 ghash promotion.

Scammers Profile Link:

https://bitcointalk.org/index.php?action=profile;u=87434

Reference Link:

https://bitcointalk.org/index.php?topic=295724.0

Amount Scammed:

To be determined.

PM/Chat Logs:

Hi again..

I am no longer worried about the multi pools raiding this coin because of how few coins they will make per visit. Even with 24 ZTC per block, the users will demand its removal from the list for various reasons.

ZTC would have to be extremely over valued for this to be otherwise.

Please go to reddit and vote up the ZenithCoin request to include in coinedup.   http://www.reddit.com/r/CoinedUp

Give me a legitimate reason to, and I will.

When will the 1000 ghash go online ?

HT xD

Because if you don't, then there's no way to cash out.

The 1000 ghash promo has been suspended for lack of interest.

Additional Notes:

I've wasted some/all of my 600-1700 khash over several weeks mining this scam.

After ignoring the ZTC miners/investors for many months, solracx is now desperately trying to regain support for Zenithcoin by essentially bribing people to vote for ZTC on various exchanges.

JAN 23 UPDATE

Is solracx FrictionlessCoin, aka Carlos Perez ?

hmmm... I thought FC was Perez ...

If you folks are looking for a coin with similar characteristics as NXT and doesn't smell like a scam, then consider NEX.

NEX will be the complete opposite of Nxt.

Free - You can acquire the coin on IPO for free.

Fair -  Distributed to as many people as possible.

Secure - No more people losing wallets because their passphrase gets hacked.

Robust - No more out of memory errors.

Fast - No more waiting days to have coins sent to an exchange.

Clean -  Squeeky clean reputation as compared to the rat infested Nxt community.

Fun - "My Interest, You Havz it"!

Known Author - Carlos Perez (not some anonymous person)

[solracx]

I've wasted some/all of my 600-1700 khash over several weeks mining this scam.

After ignoring the ZTC miners/investors for many months, solracx is now desperately trying to regain support for Zenithcoin by essentially bribing people to vote for ZTC on various exchanges.

The miner was from Cointerra that was expected to arrive in January.  Unfortunately, it is out of my control in that they are extremely delayed,  and at this time unprofitable to acquire.   This is a business decision to stop the purchase.  If you don't like it,  then sell your coins.

Wasted?  You have every opportunity to sell off your coins in an exchange or to sell it to any body making an offer. 

Bribing people?  People are earning their ZTC by making an effort to promote it.

How did you earn your ZTC?  You mined it.  How do other people earn their ZTC? They promote it.

[Hippie Tech]

I repeat..

This...

Because if you don't, then there's no way to cash out.

The 1000 ghash promo has been suspended for lack of interest.

.. is a far cry from the newly editted original post ...

This promotion has been cancelled because the hardware manufacturer (Cointerra) is 2 month delayed in their shipment.  Therefore making any mining 2 months from now highly unprofitable in terms of energy costs and equipment costs.

So which is it ?

PROVE you are or were involved with Cointerra.

[solracx]

I repeat..

This...

Because if you don't, then there's no way to cash out.

The 1000 ghash promo has been suspended for lack of interest.

.. is a far cry from the newly editted original post ...

This promotion has been cancelled because the hardware manufacturer (Cointerra) is 2 month delayed in their shipment.  Therefore making any mining 2 months from now highly unprofitable in terms of energy costs and equipment costs.

So which is it ?

PROVE you are or were involved with Cointerra.

Both...  not a lot of miners participated and cointerra hardware was delayed 2 months.  

you can go check www.thegenesisblock.com to see how much money a cointerra tera miner II will make in April.  

Here is the calculations:

Break Even Period:   No break-even in first year   Total Fixed Costs:   $3600
Max Profit:   $   Monthly Power Costs:   $64.8
Month   Difficulty (MM)   Time per
Block (days)   Monthly Revenue   Monthly
Profit   Cumulative
Return
Apr-14   13474   670   $1,000   $940   $(2,660)
May-14   26410   1313   $513   $448   $(2,210)
Jun-14   51764   2573   $261   $197   $(2,020)
Jul-14   101457   5044   $133   $69   $(1,950)
Aug-14   198855   9885   $68   $3   $(1,940)
Sep-14   389756   19375   $35   $-30   $(1,970)
Oct-14   763921   37975   $18   $-47   $(2,020)
Nov-14   1497285   74432   $9   $-56   $(2,080)
Dec-14   2934679   145886   $5   $-60   $(2,140)
Jan-15   5751971   285936   $2   $-62   $(2,200)
Feb-15   11273863   560435   $1   $-64   $(2,260)
Mar-15   22096772   1098453   $1   $-64   $(2,330)

I am not going to go into a lot of red ink.   Cointerra promised machines by January, but they have not shipped anything yet.  

Here is the order information:

Order: KA3508
Product   Quantity   Price
TerraMiner II – 1TH/s, Networked Miner (January Batch) (#GS1100-01)
1   $3,499
Cart Subtotal:   $3,499
Shipping:   $258.93 via Next Day Air (UPS)
Order Total:   $3,757.93
Note: Notes about your order, e.g. special notes for delivery.

Not my fault that the product cannot be delivered on time.  

I suggest you take the money I am offering you for the 84,000 ZTC and go buy some GHash at CEX.IO.

[Hippie Tech]

Why didn't you say that in the first place ?

Why didn't you keep us properly updated ? You ignored our posts, PMs and emails for months.

Do you see how your behaviour is making you look suspicious ?

Stop insulting me with that 0.12 BTC. Buy my 41K+ ZTC for .65 BTC. FINAL OFFER.


edit

Cointerra would not confirm, nor deny any facts about your order.

[Hippie Tech]

I have updated the OP to include new and not so surprising evidence that solracx is not who he claims to be.

NXT to NEX ipo thread started by FrictionlessCoin, aka Carlos Perez. https://bitcointalk.org/index.php?topic=424724.0

On page 17 of that thread, solracx jumps in with his Zenithcoin promo, hoping to snag some verrry cheap NXT.

To help promote ZenithCoin. www.zenithcoin.com

I will be offering a ZTC giveaway for every user that reserves in this thread.

For every 100 NXT coins you pledge, you will receive 1 ZTC coin.  This does not require that NXT coins be sent to me in exchange.

So, if you pledge 10,000 NXT coins, you will receive 100 ZTC.

You will need to post your ZTC address with your pledge.

Please post in the following EXAMPLE format:

Code:

Count me in for 9500NXT.

Here is my ZTC address:

12gqjuv47EuF3LFfXywyojfR3ozSNwCGxh  95 solracx  

In this example, user solracx will receive 95 ZTC.  No exchange necessary.

A wallet can be created without downloading the ZTC client.

Use http://wallet.zenithcoin.com

Thank you,

solracx

[solracx]

I have updated the OP to include new and not so surprising evidence that solracx is not who he claims to be.

NXT to NEX ipo thread started by FrictionlessCoin, aka Carlos Perez. https://bitcointalk.org/index.php?topic=424724.0

On page 17 of that thread, solracx jumps in with his Zenithcoin promo, hoping to snag some verrry cheap NXT.

To help promote ZenithCoin. www.zenithcoin.com

I will be offering a ZTC giveaway for every user that reserves in this thread.

For every 100 NXT coins you pledge, you will receive 1 ZTC coin.  This does not require that NXT coins be sent to me in exchange.

So, if you pledge 10,000 NXT coins, you will receive 100 ZTC.

You will need to post your ZTC address with your pledge.

Please post in the following EXAMPLE format:

Code:

Maybe you can't read 
Count me in for 9500NXT.

Here is my ZTC address:

12gqjuv47EuF3LFfXywyojfR3ozSNwCGxh  95 solracx  

In this example, user solracx will receive 95 ZTC.  No exchange necessary.

A wallet can be created without downloading the ZTC client.

Use http://wallet.zenithcoin.com

Thank you,

solracx

 This does not require that NXT coins be sent to me in exchange.

The coins were to be given away free.

Your accusation have absolutely no basis!

[Hippie Tech]

Do you mind if I call you Carlos ?

Please explain the identity conflicts.