Scrypt.CC | Scrypt Cloud Mining

[dyask]

Are there new informations about the eletricy prize?

Most likely getting a 30% reduction in electricity bill. That's likely (as in, the trollbox thinks so) to result in a doubling of current rewards.

A doubling? 6 satoshi per khs per day +30% is less than 8 satoshi. That's not a doubling. Or is the power price such a big percentage that 30% less power costs is 200% reward increase? Sounds curious to me...

Math doesn't seem to be your thing.   The power costs are greater than the awards.   That is how a 30% decrease in the power cost could lead to a doubling of award.   You applied the 30% to the award.  

More like this.   awards = (gross profits - costs) * .92.    As I remember they held back 8%.    

With electrical cost of .17 BRL / KWH - awards were 17.76  (But ~7% due to having the larger pool)
With electrical cost of .29 BRL / KWH - awards are 5.98

1) 29 * ((17.76 * .93) - 5.98) / (.29 - .17)  ==> Power is costing 25.46 satoshi    
2) Reducing power by 30% then save 25.46 * .3 ==> 7.64 satoshi in awards.
3) However Admin set the rate would go to .225 from 29 ... so that is really a 22.4% reduction in power, likely they already of a discount
4) 22.4% reduction implies a savings of 5.7 satoshi
5) 5.98 + 5.7 => 11.68 satoshi
6) Add back the 7% pool bump and that brings up to 12.5 satoshi per KHW per day

So a double is possible.  

[ilic]

so what is the general conensus of rewards once the new electricity deal is underway?  we are currently at 6 satoshis now, it was around 17 satoshis before, somewhere in the middle maybe?

[dyask]

so what is the general conensus of rewards once the new electricity deal is underway?  we are currently at 6 satoshis now, it was around 17 satoshis before, somewhere in the middle maybe?

Look up, I just did the math for you.   12.5 satoshi is my estimate, somewhere in the middle.

[alienesb]

Supposedly double what you are currently getting putting it at 60% of what it was previously (or close to that.)

[redomanit]

Without having in account any other type of variable;

Assuming that the proportion is linear;

The new rewards should be something like this:

(witch could be totally wrong because we simply don't have enough information to make a accurate projection)


https://i.imgur.com/wDaZPaP.jpg

[alienesb]

This is on IRC from the admin dude:

Contract 1 offers $0.225BRL/kWh, contract 2 offers $0.18BRL/kWh. To avoid repeat, will likely do contract 1. Expect approximate doubling in current rewards, update on Tuesday

[rhok666]

This is on IRC from the admin dude:

Contract 1 offers $0.225BRL/kWh, contract 2 offers $0.18BRL/kWh. To avoid repeat, will likely do contract 1. Expect approximate doubling in current rewards, update on Tuesday

Pump&dump.
People believe the high reward is coming back and buying more with fresh money because they believe the price will go up and they want to buy before..

Admin will make a lot of $$$ while dumping a shitload of fake hashrate into your buy orders. Happy money burning. See you in some weeks

[ThorSWO]

This is on IRC from the admin dude:

Contract 1 offers $0.225BRL/kWh, contract 2 offers $0.18BRL/kWh. To avoid repeat, will likely do contract 1. Expect approximate doubling in current rewards, update on Tuesday

Pump&dump.
People believe the high reward is coming back and buying more with fresh money because they believe the price will go up and they want to buy before..

Admin will make a lot of $$$ while dumping a shitload of fake hashrate into your buy orders. Happy money burning. See you in some weeks

Someone said the same thing a couple of days ago. How come we don`t see big sell orders and there are hundreds of BTC sitting in buy orders. Why wouldn't he dump on the buy orders?

[Gultahin]

This is on IRC from the admin dude:

Contract 1 offers $0.225BRL/kWh, contract 2 offers $0.18BRL/kWh. To avoid repeat, will likely do contract 1. Expect approximate doubling in current rewards, update on Tuesday

Pump&dump.
People believe the high reward is coming back and buying more with fresh money because they believe the price will go up and they want to buy before..

Admin will make a lot of $$$ while dumping a shitload of fake hashrate into your buy orders. Happy money burning. See you in some weeks

Someone said the same thing a couple of days ago. How come we don`t see big sell orders and there are hundreds of BTC sitting in buy orders. Why wouldn't he dump on the buy orders?

Probably bcz he forgot to activate his bots, and is spending almost all day explaining things and solving issues in the trollbox, you know goog communication/transparency is the soul of a ponzi scheme (irony). But besides that price will probably hit the 900/1000 when rewards come back bigger, and then a slow comeback to sit around 700/800, that's my guess

[Viper_Unleashed]

more than 38 confirmations still its not showing..taking a bit more time than usual
Is anybody facing the same problem..?

[ThorSWO]

more than 38 confirmations still its not showing..taking a bit more time than usual
Is anybody facing the same problem..?

I have a stuck deposit too, the Admin was just in chat saying they are aware of the problem and are working on a fix. It should get sorted in a bit.

[papoboy]

I have an issue with selling khs.  I sold 238khs but was only credited for 23khs.  Is there some kind of fee or minimum I'm not aware of?

[LsHallo]

I have an issue with selling khs.  I sold 238khs but was only credited for 23khs.  Is there some kind of fee or minimum I'm not aware of?

Are all khs sold already? Maybe the market was not big enough at that price to take all your khs. Check  your open orders.

[harizen]

Sorry for the offtopic but can anyone suggest me a same site and service like scrypt.cc? Quote my message or PM me. Thanks for your time >_<  .

[papoboy]

I have an issue with selling khs.  I sold 238khs but was only credited for 23khs.  Is there some kind of fee or minimum I'm not aware of?

Are all khs sold already? Maybe the market was not big enough at that price to take all your khs. Check  your open orders.

No open orders.  All 238khs sold.  It's a small amount but worried if it happens to a much bigger order.

[Diesel]

Since Feb of 2014, I have had people (a lot of the same people) telling me I was playing a Ponzi at Scrypt.cc.   It took me 90 days to get my initial deposit back.  Things were crap at the sit for awhile, but I constantly made some money, and withdrew it on a regular basis.   Starting in December 2014, I was making double my initial investment each month. By withdrawing most of the profit (Income), putting some back in when prices were low (Investing), and playing the market (trading) whenever there is a site problem also racked up enough KHS to more than quadruple my KHS.

I am saying this because no Ponzi in the world would let me actually make money for so long. And the Haters, well they kept saying 'good luck, see what you say in a month'.

Well, its been 15 months. Still happy, still making an income (a rather large one).  I'm happy.  The only people I know that have lost are people that got skittish and bailed out. Or were playing the market - something you can lose at no matter what company you bet on.

I've said it before, and I will say it again: You have to offer proof to make someone/something guilty of something. Proof is not another thread on a Forum, or people making up scam rating system.  If you are nervous about using them, then don't - I would prefer if you stayed away. I appreciate you not trying to save me from your fears, almost as much as I appreciate you not shoving your religion down my throat.

[ilic]

Since Feb of 2014, I have had people (a lot of the same people) telling me I was playing a Ponzi at Scrypt.cc.   It took me 90 days to get my initial deposit back.  Things were crap at the sit for awhile, but I constantly made some money, and withdrew it on a regular basis.   Starting in December 2014, I was making double my initial investment each month. By withdrawing most of the profit (Income), putting some back in when prices were low (Investing), and playing the market (trading) whenever there is a site problem also racked up enough KHS to more than quadruple my KHS.

I am saying this because no Ponzi in the world would let me actually make money for so long. And the Haters, well they kept saying 'good luck, see what you say in a month'.

Well, its been 15 months. Still happy, still making an income (a rather large one).  I'm happy.  The only people I know that have lost are people that got skittish and bailed out. Or were playing the market - something you can lose at no matter what company you bet on.

I've said it before, and I will say it again: You have to offer proof to make someone/something guilty of something. Proof is not another thread on a Forum, or people making up scam rating system.  If you are nervous about using them, then don't - I would prefer if you stayed away. I appreciate you not trying to save me from your fears, almost as much as I appreciate you not shoving your religion down my throat.

+1!

In a way, I kinda hope all the fear mongering and scam talk continues because it will drive people away from scrypt.cc and those of us with enough sense/balls to invest will have higher returns as the price per khash will stay lower.

[greyfoxsylux]

This is on IRC from the admin dude:

Contract 1 offers $0.225BRL/kWh, contract 2 offers $0.18BRL/kWh. To avoid repeat, will likely do contract 1. Expect approximate doubling in current rewards, update on Tuesday

Can't say I'm the 'admin dude' but I am an operator (temporarily until the IRC administrator of the channel perma-grants it)

We were doing a bunch of number crunching, and yes it's going to be an approximate double.

As for those with issues with deposits, withdraws, and market orders the admin is working on it. Seems the server upgrade wasn't enough, although there's a noticeable (and drastic I might add) increase in server performance. Eventually it'll all show up.

I'm personally happy with this service. Up to you how you consider that.

[killer625]

just you wait for cryptosaran or w/e his name was to tell you all that you are wrong, and u all will lose your money and its a scam and a ponzi and a drug dealing business and man tarfficking etc.

fuck the haters ! long live scrypt.cc

[cryptodevil]

just you wait for cryptosaran or w/e his name was to tell you all that you are wrong, and u all will lose your money and its a scam and a ponzi and a drug dealing business and man tarfficking etc.

fuck the haters ! long live scrypt.cc

LOL, hey sockpuppet, pro-tip: At least make the effort to post in other threads before you go rushing to the scam thread you are desperately promoting, it makes it so tediously obvious when the puppeteer's first post on a brand new account is a blatant incitement to 'buy moarnomnomnom' etc.

keep refreshing, will work eventually. i'd advise to buy khs now. they will not get any cheaper than this.