Tathata
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July 16, 2015, 01:11:50 PM |
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Yes, sooo much unknown to be talking about exact numbers.
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giveen
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July 16, 2015, 01:13:30 PM |
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I think those charts are a bit off. I moderate at WeMineLTC, and we are reporting 17.6GH/s for our traffic.
Thumbs up F2Pool is reporting 50GH/s more than what the chart shows as well.
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Tathata
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July 16, 2015, 01:15:50 PM |
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Oh god now we can have doubts about a doubters tools to prove numbers... and the plot thickens..
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CanariAnali
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July 16, 2015, 01:17:30 PM |
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Oh god now we can have doubts about a doubters tools to prove numbers... and the plot thickens..
No doubt about Give me the pie I am hungry
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cryptodevil
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Thread-puller extraordinaire
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July 16, 2015, 01:25:40 PM |
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Oh god now we can have doubts about a doubters tools to prove numbers... and the plot thickens..
No, not really. The page itself says how the chart is constructed if you'd take the time to actually read. As much as you'd love to be throwing some shade on the math, you still utterly fail to show the 'Unknown' figure is increasing sufficiently with the raised hashrate you mention. Scrypt.cc has sold at least 500GH/s of Scrypt mining. This means 500GH has to be present in the Scrypt coin networks that is not accounted for by known pools. The estimation for the pool numbers at any given time of the day is never going to allow that 500GH to fit anywhere.
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WARNING!!! Check your forum URLs carefully and avoid links to phishing sites like 'thebitcointalk' 'bitcointalk.to' and 'BitcointaLLk'
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ThePhwner
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July 16, 2015, 01:26:25 PM |
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Again, you are right about hash rate not being able to hide but it can be turned off and on and clearly visible wile doing so as unknown. The unknown on litcoinpool just shows the on part of unknown hashes not the "hiding" off hashes.
Show me where the 'Unknown' amount is increasing beyond a few dozen GH. I routinely check that figure and it is the Chinese pools mostly adding the extra hashrate to the total LTC network amount. I keep asking them to show exchange volumes where the 850 Gh/s of mined coins are being sold and they won't even acknowledge that point. Hysterical. And to clarify it is 850 Gh/s. Marcello has repeatedly claimed he has 500 Gh/s for sale and another 350 Gh/s mining for his partners. It's absolutely not possible to hide that amount of Scrypt hash. And the notion that it's in a single datacenter is fucking hilarious.
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D4RK5T4R
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July 16, 2015, 01:31:12 PM |
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We need a whole new definition now.
Scryptard = One who has been involved with the scam and continues to disbelieve the facts.
Scrypturd = One who is involved with vehemently defending the scam.
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Tathata
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July 16, 2015, 01:36:37 PM |
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We need a whole new definition now.
Scryptard = One who has been involved with the scam and continues to disbelieve the facts.
Scrypturd = One who is involved with vehemently defending the scam.
You know the beauty of it is we need each other. Thanks brother. EDIT... or sister?
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giveen
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July 16, 2015, 01:38:32 PM |
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No one has also mentioned that it's possible marcelo might actually be mining BTC instead with btc mining gear, not scrypt.
Which would make the statements "does not have 850 ghs of scrypt mining" technically true. After all this is a pretty shady operation.
LIke I said many pages ago, just cash out a profit, and then if you want to gamble with a small profit, stay in.
I sleep great at night because of this.
Good luck.
PS. rewards are NEVER coming back. Get over it. The current KHS prices reflect this. It sucks but oh well, what you going to do.
I highly doubt that he is mining BTC. He has stated that he is mining with 500GH/s. 500GH/s of BTC would make this a total obvious scam.
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CanariAnali
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July 16, 2015, 02:01:29 PM |
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No one has also mentioned that it's possible marcelo might actually be mining BTC instead with btc mining gear, not scrypt.
Which would make the statements "does not have 850 ghs of scrypt mining" technically true. After all this is a pretty shady operation.
LIke I said many pages ago, just cash out a profit, and then if you want to gamble with a small profit, stay in.
I sleep great at night because of this.
Good luck.
PS. rewards are NEVER coming back. Get over it. The current KHS prices reflect this. It sucks but oh well, what you going to do.
Love the post, this is how I think about it. But if I would be the scammer! I would buy 2,000 BTC in KHS back Bring the rewards back to the level of 1 month ago Sell all the KHS again ( made 4,000 BTC minimum, over 1 mill dollars) Drop the rewards again and maybe start over on a later date. I also remember at the power issue that withdraws were still in place while the deposit wallet went over 5,000 BTC which values over a mil dollars. Money is clearly there. You might be right about mining BTC but who gives a shit.... As long as my beer money is there every day until I stop drinking :p
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maokoto
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July 16, 2015, 02:12:28 PM |
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But if I would be the scammer! I would buy 2,000 BTC in KHS back Bring the rewards back to the level of 1 month ago Sell all the KHS again ( made 4,000 BTC minimum, over 1 mill dollars) Drop the rewards again and maybe start over on a later date.
I also remember at the power issue that withdraws were still in place while the deposit wallet went over 5,000 BTC which values over a mil dollars. Money is clearly there.
You might be right about mining BTC but who gives a shit.... As long as my beer money is there every day until I stop drinking :p
But, if you brought the rewards back, you would have to pay the higher rewards. Perhaps it would not compensate. If the rewards are not increasing, it is likely because people have still many khs in their power, and there is no money to pay them for the mining. Raising rewards would add to that problem. I agree with the "beer money" part. The rewards, though reduced, are still Ok for me to get some satoshis everyday without doing nothing. Perhaps it is even better, as it will be more sustainable this way.
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CanariAnali
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July 16, 2015, 02:27:30 PM |
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But if I would be the scammer! I would buy 2,000 BTC in KHS back Bring the rewards back to the level of 1 month ago Sell all the KHS again ( made 4,000 BTC minimum, over 1 mill dollars) Drop the rewards again and maybe start over on a later date.
I also remember at the power issue that withdraws were still in place while the deposit wallet went over 5,000 BTC which values over a mil dollars. Money is clearly there.
You might be right about mining BTC but who gives a shit.... As long as my beer money is there every day until I stop drinking :p
But, if you brought the rewards back, you would have to pay the higher rewards. Perhaps it would not compensate. If the rewards are not increasing, it is likely because people have still many khs in their power, and there is no money to pay them for the mining. Raising rewards would add to that problem. I agree with the "beer money" part. The rewards, though reduced, are still Ok for me to get some satoshis everyday without doing nothing. Perhaps it is even better, as it will be more sustainable this way. Thanks, maybe so and here a sample of take the ride With the high rewards you had 1 BTC in KHS With the low rewards you bought an extra 2 to have similar income so 3 BTC in KHS Let's say rewards going up and following If the KHS goes up to 500 / KHS you sell KHS for 1 BTC If goes up to 750 / KHS you sell KHS for 2 BTC If goes up to 1,000 you are very lucky..... And reversed, and if the site closes down just stop drinking beer. Long Live Beer :0
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D4RK5T4R
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July 16, 2015, 04:15:49 PM |
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If the rewards are not increasing, it is likely because people have still many khs in their power, and there is no money to pay them for the mining. Raising rewards would add to that problem.
What? just what? Surely if the site was mining then there would be enough to pay users the correct rewards based on their khs, but as we know it isn't it explains why your rewards are so low.
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ThePhwner
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July 16, 2015, 04:50:36 PM |
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No one has also mentioned that it's possible marcelo might actually be mining BTC instead with btc mining gear, not scrypt.
Which would make the statements "does not have 850 ghs of scrypt mining" technically true. After all this is a pretty shady operation.
LIke I said many pages ago, just cash out a profit, and then if you want to gamble with a small profit, stay in.
I sleep great at night because of this.
Good luck.
PS. rewards are NEVER coming back. Get over it. The current KHS prices reflect this. It sucks but oh well, what you going to do.
So you're asserting he's actually running a SHA mining operation and disguising it as Scrypt? Excuse me while I LOL for a few minutes.
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rrocket66
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July 16, 2015, 05:09:40 PM |
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I think those charts are a bit off. I moderate at WeMineLTC, and we are reporting 17.6GH/s for our traffic.
Careful your logic might crash and burn his little brain. He can't wrap his head around the fact that an "estimated net hash" is not a firm number. It is a number derived from block times and difficulty. Not the other way around. He has an agenda, who knows what it is. He is a lonely child that needs this attention we give him to feel important. I await a snarky, WELL thought out, response from the elite crypto folks as I send this poolside. hahaha.
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Soylent_Green
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July 16, 2015, 05:25:29 PM |
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I think those charts are a bit off. I moderate at WeMineLTC, and we are reporting 17.6GH/s for our traffic.
So around 43% less. (distribution chart say 10 GH/s) Applied to the entire Hashrate this might as well be around 1834 GH/s max. right?
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giveen
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July 16, 2015, 07:45:25 PM |
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I think those charts are a bit off. I moderate at WeMineLTC, and we are reporting 17.6GH/s for our traffic.
So around 43% less. (distribution chart say 10 GH/s) Applied to the entire Hashrate this might as well be around 1834 GH/s max. right? I'm not saying the numbers add up perfectly. Just saying there is some discrepancies from using that chart. At the time I looked at the chart, it was reporting WeMineLTC at 7GH when I looked at the website, it was 17.6GH
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cryptodevil
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July 16, 2015, 07:56:03 PM |
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So around 43% less. (distribution chart say 10 GH/s) Applied to the entire Hashrate this might as well be around 1834 GH/s max. right?
Lol, sure, sounds legit. How precise is this data? Hash rate estimates are based on the rate at which blocks are solved, so the precision is relatively low. Errors of a few GH/s should be regarded as normal. (Standard deviation for the total hash rate estimate above: 57 GH/s.)
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WARNING!!! Check your forum URLs carefully and avoid links to phishing sites like 'thebitcointalk' 'bitcointalk.to' and 'BitcointaLLk'
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