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Author Topic: Scrypt.CC | Scrypt Cloud Mining  (Read 750168 times)
Gultahin
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May 30, 2015, 06:35:42 PM
 #2401

For all those defending scrypt.cc, I'd like you to explain how a large scale mining operation could run based on auto switching between scrypt coins.  Take a look at any scrypt coin, it's block reward, and block time.  If you do the math, you'll see the total Bitcoin value that each coin produces in one day.  A few coins produce 5 or 8 bitcoins a day but for most, it's less than 1 Bitcoin.  That is the total amount produced by the entire network for each coin.

In order to pay out 100+ bitcoins a day, a scrypt cloud miner has to allocate most of its hashing power to litecoin.  Litecoin is far less profitable than Bitcoin.  For a while Scrypt.cc boasted a two month ROI.  Do the math yourself and try to figure out how one could allocate 500+ ghs of scrypt hash power and achieve a two month ROI.  It's impossible.

Not to mention that Scrypt.cc's stated cost for their hashpower, something like $2.50 per ghs, is ridiculously low.  If you believe they paid this price, it means you believe they found a manufacturer to sell them hardware at a cost per ghs that is far lower than even still unreleased, next generation scrypt mining hardware.

Smart people knew that Bernie Madoff was running a Ponzi early on because a little market analysis showed pretty simply that he couldn't be doing what he said he was doing.  It's the same thing here.  You can analyze Scrypt.cc by understanding the larger market for scrypt mining.
$2.50 per Mhs was what they said, but if it's that less profitable to mining on scrypt why would anyone even buy miners for it instead of going fully into btc... Some thing seems wrong here, and the most probable cause can be companies already have next gen miners, and those can take out profit upon scrypt coins.

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May 30, 2015, 06:58:00 PM
 #2402

No one cares cryptodevil

I find it interesting and i think other forum members may feel the same. A nice insight and observation. +1 on that cause it really makes sense when you think about it. Those shills... never stop...

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May 30, 2015, 07:27:19 PM
 #2403

trading is quite boring now...because its very stable now...I have a very less investment lets see what happens next......1 day remaining before the rewards start increasing.
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May 30, 2015, 08:02:01 PM
 #2404

trading is quite boring now...because its very stable now...I have a very less investment lets see what happens next......1 day remaining before the rewards start increasing.

So what price do you forecast the day after tomorrow?

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
chunker
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May 30, 2015, 08:41:15 PM
 #2405

well, I will just stay here. Have some significant KHS protion. And I trust, or better , I have no reason to not trust. Break ROI here, every deposit and withdrawal worked fine, BTC rising, so what.. I bought at 870 most of my khs, so I will sometimes check price next days, if I will like /1200-1300/ I will sell and enjoy it, if not, I will stay and "mining" further..its that easy for me.. worst thing is to fall in panic and sell now for 950 I think. But if you invest more you afford to loose, maybe you should. /because very strange things can happend next days../
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May 30, 2015, 11:50:36 PM
 #2406

Following up on my earlier post, I'd like to offer an incentive to spur discussion.  I will give 2 bitcoins to anybody that can build a portfolio of scrypt coins that generates 50 bitcoins worth of coins a day and has a two month ROI.  Choose the cost of your hashpower but it has to be realistic. 

If you don't know how to calculate this follow these simple steps:

Take the coins per block and block time and compute how many total coins are produced in one day.

Take the network hashrate.  Let's say a coin's hashrate is 100 ghs.  If you committed an additional 100 ghs to that coin, the network hashrate would be 200 ghs and you would have 50% of it, giving you roughly 50% of the rewards.  Multiply this percentage times the total coins produced in one day and convert to Bitcoin based on market price.

Coin info can be found at coinwarz and other places. 

I'll tell you up front that it's not possible but if you really believe that Scrypt.cc is legit and that they offer outstanding returns by mining "the most profitable scrypt coins" prove me wrong and make an easy 2 bitcoins.

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May 31, 2015, 12:16:50 AM
 #2407

Following up on my earlier post, I'd like to offer an incentive to spur discussion.  I will give 2 bitcoins to anybody that can build a portfolio of scrypt coins that generates 50 bitcoins worth of coins a day and has a two month ROI.  Choose the cost of your hashpower but it has to be realistic.  

If you don't know how to calculate this follow these simple steps:

Take the coins per block and block time and compute how many total coins are produced in one day.

Take the network hashrate.  Let's say a coin's hashrate is 100 ghs.  If you committed an additional 100 ghs to that coin, the network hashrate would be 200 ghs and you would have 50% of it, giving you roughly 50% of the rewards.  Multiply this percentage times the total coins produced in one day and convert to Bitcoin based on market price.

Coin info can be found at coinwarz and other places.  

I'll tell you up front that it's not possible but if you really believe that Scrypt.cc is legit and that they offer outstanding returns by mining "the most profitable scrypt coins" prove me wrong and make an easy 2 bitcoins.



Of course scrypt.cc is a scam. People are still involved because they are greedy and/or dumb. A lot of investors are PayCoin rejects because they are too stupid to comprehend reality. Your 2 BTC are safe.

You should post this on http://hashtalk.ch and send those morons into a frenzy. And also send it to that dumb bitch ViK at http://www.badbitcoin.org who is advertising scrypt.cc

Jump you fuckers! | The thing about smart motherfuckers is they sound like crazy motherfuckers to dumb motherfuckers. | My sig space for rent for 0.01 btc per week.
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May 31, 2015, 12:27:21 AM
 #2408

Fun Fact.
Scrypt.cc never said anything about 60 days ROI.
Not even once. You should realy stop spreading that nonsense.

That would be known. If you had read the first post in this thread.

At the moment of this post ROI is in 6 months! 17% / Month


That being said. The ROI is not determined by the operator.
It is a product from the market price of the KHS and Rewards.
And the price is determined alone by the members.

Yes, we had a 60 Day ROI. At the moment we are at 110 Days.
And Months ago we were at over 200 Days.

For the rest of nonsense in the last pages, I will not comment.
Did not want to write this post actually already.

The concentrated stupidity in this thread causes headaches.

But yes, I know. It does not matter what anybody writes.
I'm just a fanboy and mistaken anyway. And I'm going to lose everything.

But you know what? At least I do not make me a fool in public.

Have a nice weekend Smiley
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May 31, 2015, 12:30:49 AM
 #2409

Fun Fact.
Scrypt.cc never said anything about 60 days ROI.
Not even once. You should realy stop spreading that nonsense.

That would be known. If you had read the first post in this thread.
At the moment of this post ROI is in 6 months! 17% / Month


That being said. The ROI is not determined by the operator.
It is a product from the market price of the KHS and Rewards.
And the price alone determine the members.

Yes, we had a 60 Day ROI. At the moment we are at 110 Days.
And Months ago we were at over 200 Days.

For the rest of nonsense in the last pages, I will not comment.
Did not want to write this post actually already.

The concentrated stupidity in this thread causes headaches.

But yes, I know. It does not matter what anybody writes.
I'm just a fanboy and mistaken anyway. And I'm going to lose everything.

But you know what? At least I do not make me a fool in public.

Have a nice weekend Smiley
Huge +1
I'm in too and i am affordable to lose all what i invested so i will either gain profit out of it or lose some money. I like that kind of game and i like cryptos too so that's a great site investing in bitcoin. Also i like that they are not paying in the specific altcoin their are mining but their are paying directly in btc.
For me scrypt.cc is the perfect cloud mining site.
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May 31, 2015, 12:46:40 AM
 #2410

Remember, the rewards changed drastically because of "electricity."  In my scenario, I don't even include electricity.  The point is not that scrypt.cc advertised 60 ROI, it's that they actually paid that between Feb and Apr of this year.  During that time, KHS price never fell below 1000.  All the coin information, prices, hashrates, etc is publicly available.  We have all the data we need to do an empirical analysis.  Why don't you just prove how stupid I am and show me a portfolio of scrypt coins that could of had that performance taking into account what you would have actually paid for hashpower at the beginning of the period.
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May 31, 2015, 02:20:51 AM
 #2411

Hi, does anyone know how to manually reset withdraw password or do I have to submit ticket (don't know when I get any reply if any)? Currently experiencing the most dreaded feeling of forgetting such an important password Sad

Thanks
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May 31, 2015, 05:21:13 AM
 #2412

i feel a strange thing happening ryt now! the khs go down i thought its going up at 1000 - 1100 khs but its going down at 900 somebody or admin sell at 500 hmmmp....they want more investor to suck in and the final countdown will happen ....or im so paranoid cause im investing more than i willing to lose...I NEED TO PULL OUT ALL my BTC ryt now and i back after june 1,,, "playsafe"
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May 31, 2015, 06:58:57 AM
 #2413

You should go into the scrypt.cc chat.  There people actually care about your musings about the Khs price fluctuation.
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May 31, 2015, 07:30:57 AM
 #2414



actually this is worst time to do any transaction. Because its very near to change /good or bad, nobody knows../, a lot of people will fall to panic. I believe price will go more down next hours and maybe some another panic sell /600 or something/. If you really invest more you afford to loose, and not prepare to hold you khs, then sell and withdraw RIGHT NOW. It will go really weird next hours. If you will strong and wait and hold, you have a really good chance to make money /but maybe not of course/.

THIS RISK is your "work" now how to make money, nobody never give you anything for really free. 

I really do not want to persuade somebody to stay. But this situation is more then two weeks here, you had a lot of time to trade, to speculate, to think about it... Last day now and you want to quit because price is not as you expected? What a nonsense...

Actually, what some people expect from some strange brazil/usa BTc-ltc-crypto cloud-mining site?  Coffee free, donuts, talking shits, and insurance of your funds? uah...
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May 31, 2015, 09:01:47 AM
 #2415

I'm in too and i am affordable to lose all what i invested so i will either gain profit out of it or lose some money. I like that kind of game and i like cryptos too so that's a great site investing in bitcoin. Also i like that they are not paying in the specific altcoin their are mining but their are paying directly in btc.
For me scrypt.cc is the perfect cloud mining site.

Read this.

Now, go to cmmonitor.com

Scroll to the bottom of the page.

Read the disclaimer. Sound familiar?  Seems to me that the Ukrainian scammers behind these ponzis all tend to parrot the same refrain when they appear in these threads as sock-puppets to post their defense for continuing to 'invest'. In fact it can almost be used as a litmus test for most potential scam threads, in that the more frequently the phrase 'do not invest more than you can afford to lose' appears, often alongside statements about how the poster considers it akin to the fun of gambling and cites general risk in all investments as justification, the greater the likelihood it is a fraud.

Remember it is not gambling if it is fraudulent operation claiming to be a legitimate business structure.

It is simply handing your money to a group of criminals and hoping you won't be included in the list of 'investors' they eventually steal from.


WARNING!!! Check your forum URLs carefully and avoid links to phishing sites like 'thebitcointalk' 'bitcointalk.to' and 'BitcointaLLk'
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May 31, 2015, 10:38:29 AM
 #2416

Quote
hoping you won't be included in the list of 'investors' they eventually steal from.

@cryptodevil

they rob investor one by one and ukraine scammer was the one behind scrypt.cc?Huh
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May 31, 2015, 10:46:40 AM
 #2417

hey guys, price falling! very unexcpectable! 910 now! panic! sell everything! ponzi! scam! ..end of the world.. Smiley
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May 31, 2015, 11:32:30 AM
 #2418

Good thing I sell my KHS @960 last Friday to give back my ROI but I left some. In only 2 days prices fall by 30-40%. Good decision by mine.

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May 31, 2015, 12:16:39 PM
 #2419

I requested withdrawal on 28 May and confirmed it immediately. Still haven't received the bitcoin. Anybody has the same problem? I have created a support ticket, it was closed a day later but no transaction or email. I created another one and its without response for about two days. Suggestions welcome.
I am now muted out of the trade chat I imagine because my balance is zero so cant even complain in public there.
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May 31, 2015, 12:26:08 PM
 #2420

I requested withdrawal on 28 May and confirmed it immediately. Still haven't received the bitcoin. Anybody has the same problem? I have created a support ticket, it was closed a day later but no transaction or email. I created another one and its without response for about two days. Suggestions welcome.
I am now muted out of the trade chat I imagine because my balance is zero so cant even complain in public there.

how many BTC do you have on your account??
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