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Author Topic: Scrypt.CC | Scrypt Cloud Mining  (Read 749963 times)
hellojolin
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April 29, 2014, 09:42:11 AM
 #401

I agree with z0rr0. In my case scrypt.cc works perfectly
As you guys said, I will have a try .
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dyask
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April 29, 2014, 10:15:23 AM
Last edit: April 29, 2014, 10:30:53 AM by dyask
 #402

Some data showing what people have been earning per KHS per day.    I'm in Japan and end my day at 7pm, so my days may not be in alignment with yours.

Date   Amount in satoshi
4/231030
4/24688
4/25874
4/26634
4/27624
4/28620
4/29665
xephyr
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April 29, 2014, 05:45:47 PM
 #403

dyask, you are still assuming that scryptsmining.com is paying dividends based on 900 mHz. On 4/26 they had sold 1,522 shares equal to 99 mHz. Each share is 65 kH/sec. My figures in my previous post are correct. Scryptsmining.com is roughly equal to scrypt.cc, use the service you feel comfortable with or spread the risk around using more than one. Leasing hardware is another option, as is taking control of your mining and doing it yourself by buying miners providing kH/sec at the best price and using a good multipool. Or do the switching yourself.

When mining difficulty increases as many scrypt ASICs come online from companies like KnCMiner and Fibonacci it will affect scrypt.cc just like any other hosted service. I think a service like scrypt.cc using GPUs is more vulnerable, we will see. Companies like Bliss Devices are also developing scrypt ASIC miners that are more efficient than any GPU and can also mine scrypt-N.
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April 29, 2014, 08:48:16 PM
Last edit: April 29, 2014, 11:18:53 PM by dyask
 #404

dyask, you are still assuming that scryptsmining.com is paying dividends based on 900 mHz. On 4/26 they had sold 1,522 shares equal to 99 mHz. Each share is 65 kH/sec. My figures in my previous post are correct. Scryptsmining.com is roughly equal to scrypt.cc, use the service you feel comfortable with or spread the risk around using more than one. Leasing hardware is another option, as is taking control of your mining and doing it yourself by buying miners providing kH/sec at the best price and using a good multipool. Or do the switching yourself.

When mining difficulty increases as many scrypt ASICs come online from companies like KnCMiner and Fibonacci it will affect scrypt.cc just like any other hosted service. I think a service like scrypt.cc using GPUs is more vulnerable, we will see. Companies like Bliss Devices are also developing scrypt ASIC miners that are more efficient than any GPU and can also mine scrypt-N.

Read again, I did both sets of computations.    Using the share values, scrypt.cc is still 1.7x better.   It isn't even close to equal.  

  04.26.2014
6.33101774 BTC 0.00415967 BTC

04.29.2014
1.23418776 BTC 0.00069807 BTC

Call it 3 days.

.00069807 BTC / share  / 65 KHS / share / 3 days = .00000357 BTC / KHS / day  <=========  THAT TOTATLY SUCKS

For those 3 days here are the real values from scrypt.cc.  (Just choose your days!)  I'm in Japan so I'm a day ahead most times.

4/25 .00000874
4/26 .00000634
4/27 .00000624
4/28 .00000620
4/29 .00000665

Even the worst day at scrypt.cc is much better than ScryptsMining.com.   620 / 357 = 1.74

You assumptions about how scrypt.cc will be impacted are pure speculation as none of us have a clue as to what will really happen.    However the Gridseed ASICs are real and coins moving away from pure scrypt is also real.   If you need further proof about what is going on, just look at how much money people are paying to lease rigs to mine X11.   https://bitcointalk.org/index.php?topic=514242.0   Anyway ASIC companies will always be behind as coin algorithms are easier to change than creating an ASIC.  

That fact is you are pushing pure ASIC resellers and ASIC direct and claiming they are better than scrypt.cc because of the relative cost difference.  However the data shows a completely different story.    Besides that you do not correctly compute the cost of KHS at scrypt.cc, unlike the ASIC farms, the scrypt.cc KHS can be sold.   This actually makes the scrypt.cc KHS a lot cheaper.
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April 29, 2014, 10:58:31 PM
 #405

Just thought I'd pop in and say my experience thus far has been exceptional. Support staff are easy to get ahold of. The only complaint is that the chat function sucks and autoreinvestment is not available yet but that's just me being lazy. Smiley
Mike18feb
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April 30, 2014, 10:24:08 AM
 #406

Yeah, chat is not the greatest, but it's not a main function. "Just" a popular one  Cheesy

As for autoreinvestment, look here for a well tested solution in the main time: https://scrypt.cc/forum/viewtopic.php?f=4&t=4087

<||=||>  Rule #1a: Never invest more then you can afford to lose. <||=||>  Rule #1b: Never invest all you can afford to lose. <||=||> 
............. Whenever someone idly claims a scam, a Bitcoin somewhere dies .............
dyask
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April 30, 2014, 10:35:33 AM
 #407

Some data showing what people have been earning per KHS per day.    I'm in Japan and end my day at 7pm, so my days may not be in alignment with yours.

Date   Amount in satoshi
4/231030
4/24688
4/25874
4/26634
4/27624
4/28620
4/29665
4/30594

On the low side right now.    Sad
gon88
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May 01, 2014, 11:12:37 PM
 #408

Mining profit in scrypt.cc getting lower. Does it explain the price of KHS going down too?
dyask
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May 01, 2014, 11:29:09 PM
Last edit: May 01, 2014, 11:54:19 PM by dyask
 #409

Mining profit in scrypt.cc getting lower. Does it explain the price of KHS going down too?

My data is now commingled with another small income stream (plus my time offset is extreme for most @ GMT+9)   However, I think that suchmoon has been doing a great job of recording the daily yields in his thread and spreadsheet.   https://bitcointalk.org/index.php?topic=514242.0

I will say that right now our yield is pretty much as low as I've seen.   1 KHS yielding about .000004 btc currently.   That will probably vary though out the day, but right now that is pretty low.  

The flipside is right now KHS is also extremely cheap even as low as .00085 btc per KHS.   ( < $.40 / KHS)

Currently some ASIC hardware/cloud combo can ordered by about $0.113.  (ZeusMining Bizzard)   However that is prepay not to be shipped for a month.  

My belief is that many coins will give up on scrypt and scrypt yields will continue to sink.  Then we should see an improvement in yield.   How low or how high I don't have any idea, but the big advantage of scrypt.cc (Scc) is that they are mining for themselves and probably want the yield as high as possible too.

EDIT - Yield by KHS from suchmoon's data
 
                    BTC / KHS
5/1/2014      0.00483865
4/30/2014    0.00551926
4/29/2014    0.00637223
4/28/2014    0.00575257
4/27/2014    0.00627888
4/26/2014    0.00569182
4/25/2014    0.00706295
4/24/2014    0.00741519
4/23/2014    0.00729475
4/22/2014    0.01077762  <-- This point was probably inflated by the Easter gift script (each account got .003 btc).   Should be .00777762
4/21/2014    0.00712663
4/20/2014    0.00753195
4/19/2014    0.00714063
4/18/2014    0.00737194
4/17/2014    0.00747421
4/16/2014    0.00727083
4/15/2014    0.00674545
4/14/2014    0.00547317
4/13/2014    0.00625852
4/12/2014    0.00703569
4/11/2014    0.00637944
dyask
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May 01, 2014, 11:34:37 PM
 #410

Mining profit in scrypt.cc getting lower. Does it explain the price of KHS going down too?

I don't think anyone really knows the answer.   I think there maybe a lot of people trying to sell fast to buy ASIC hardware.   
bitcoinvideos
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May 02, 2014, 04:24:34 PM
 #411

I've been super happy and to be honest the cost of getting in right now is quite low. While the crypto mining world is having profit deflation in general you can scoop up some khs quite low. For guys like me who can't afford to save for 4 months for a R9 290x we can invest those lower profits we make into immediate KHS now and thats what I do.
Join and try it out http://scrypt.cc?ref=babLE
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May 02, 2014, 07:04:55 PM
 #412

I started a subreddit for Scrypt.cc if anyone is interested: http://www.reddit.com/r/scryptcc/
kained
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May 03, 2014, 10:53:46 PM
 #413

How to Mine Bitcoin on the Cloud - Daily Reinvestment at Scrypt.cc

https://www.youtube.com/watch?v=bwR-a442DpU
kained
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May 03, 2014, 11:00:37 PM
 #414

I started a subreddit for Scrypt.cc if anyone is interested: http://www.reddit.com/r/scryptcc/

That's awesome.
GSpgh
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May 03, 2014, 11:18:21 PM
 #415

Mining profit in scrypt.cc getting lower. Does it explain the price of KHS going down too?

you wouldnt know that by looking at their site would you

i mean the lack of any historic data or charts its ridiculous
vladannik
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May 03, 2014, 11:32:33 PM
 #416

surf and read
https://docs.google.com/spreadsheets/d/1VOAhFX1XRizdaTp71qnYI5pRh9VIZEQ51LHuGUmxri0/pubhtml#
DarkAGeS
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May 06, 2014, 06:37:52 AM
 #417

looks like many people (and me) have deposit issues now.
I've submited support ticket like others, but no info from admins
RentaMouse
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May 06, 2014, 10:37:51 AM
 #418

Does seem that about 1 in 10 deposits get stuck since they stopped using Blockchain's API, and the admin only does the support tickets once per day. Hopefully one of the things they sort out when the site stops being beta version....

Pool admin @ http://cryptonotepool.org.uk/ - for miners who value reliability (and like orange)!
Currently donating all of our 1% pool fee to the dev fund - mine at CryptonotepoolUK and support XMR at no extra cost!
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May 06, 2014, 11:54:59 AM
Last edit: May 06, 2014, 01:16:10 PM by DarkAGeS
 #419

there is no answer from support for about 6 hours Sad

update:
deposit appeared Smiley good
xephyr
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May 06, 2014, 04:02:11 PM
 #420

I have investments in three different cloud mining services and would like to share my actual returns for the week ending 4/6:

Farm$hares - 4.8% return at current litecoin price of $10.3
Scrypt.cc - 3.9% return at current bitcoin price of $430
Scryptsmining.com - 3.4% return at current bitcoin price of $430
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