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Author Topic: Scrypt.CC | Scrypt Cloud Mining  (Read 750509 times)
cjrosero
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August 26, 2015, 08:44:58 PM
 #8061


Are there any cloudmining sites out there with decent roi that are NOT scams? Can anybody name any?
There are many outthere like zueshash they are legit cloud mining but lots of fees but its legit and its been running for a year now,
Propagandalf
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August 26, 2015, 09:06:47 PM
 #8062

I don't see the added benefit of pooling coins in a POS setting above doing it yourself in your wallet. Well, minus the work that it saves you.

The main benefit is the reduced orphan rate. A staking pool allows a bunch of people to cooperate, and effectively agree not to orphan each other's blocks.

Then there's the fact that most people don't keep a server online 24/7, and so a staking pool allows them to be always staking without having to maintain their own server.

There are lots of downsides of course, with the biggest being the counterparty risk and the fees you'll have to pay.

Proceed with extreme caution it appears to be a black box you put money into and a trickle of money comes out of because  magic or staking or something.  If you wish to withdraw principal you pay an unspecified penalty.  Transparency about zero as far as i could find with limited digging.

I've not looked at their site, but there's no excuse for such a site not to offer a proof-of-solvency, so its clients can be sure they're not investing in a Ponzi.

I will have to do more research before considering any sizeable investment obviously, since its legitimacy cannot be confirmed as of yet. I have a smaller investment there in order to try it out, so I will see how it goes.

I am no crypto-expert, but in the thread there any reasonable arguments that suggest transparency and proof-of-solvency, while others claim the total opposite... The usual. And of course the owner could run off with all of the investments, but if the service is half as good as it claims to be, he won't have any reason to do that unless he is related to Scamtos.

The owner of Stakeminers explains the need for withdraw fees in the thread, and it makes sense. It is in place to prevent sudden mass-withdrawal that will damage the effectiveness of staking. Unless you have a need to withdraw your investment prematurely, I don't consider that a fee. You can withdraw all of your earnings for free. Apparently, people with smaller investments can get the premature-withdrawal-fee waived by asking, which I guess can be a good option for people who are sceptical, but who still want to try it out.
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August 26, 2015, 09:08:44 PM
 #8063

Are there any cloudmining sites out there with decent roi that are NOT scams? Can anybody name any?


What is your definition of decent?

I take everything under one year as "fucking awesome".
That would be Hashnest, Genesis Mining and possible Mining Sweden.

And always remember:
Under normal investments (using a bank), you would need 10 years.
So one year is really damn good.
Wow that really makes a lot of sense. So I guess 1 year ain't too bad lol. Cause in the business world your investment wouldn't be returned for at least a few years right? I think I'm gonna take a chance with Hashnest. They might not have a sub 100 day roi but at least its pretty legit. 😃

In these days with hashnest you will get minus

That's what you get when you have bad pool luck, low BTC exchange rate, and maintenance fees in fiat.

You know, sort of like real mining or something.
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August 26, 2015, 09:21:52 PM
 #8064

The problem is that a lot of places are trying to run business models that work(ed) in the current fiat setup but they're not going to work with a digital currency.
Until someone can come up with something that fits the BTC model then we're just going to get scams and failures.

PSA: scrypt.cc is a scam, most likely of the "ponzi" variety. You will lose your money if you try to "invest" or "play" or whatever you want to call your participation in this shitshow. You've been warned.
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August 26, 2015, 09:34:24 PM
 #8065

Lol, the rage is real in this thread.

I'll pitch in too.

I want my fucking money Scamtos piece of f@#$@#$ @#$@# you scammign @#$@#$ @#$. I hope you get cancer and die from Hemorrhoids.  Angry
Are there any cloudmining sites out there with decent roi that are NOT scams? Can anybody name any?

Hashnest S5 is the safer choice because you can sell your hash at any time with no penalty. Stakeminers is interesting but there are significant withdrawal penalties if you want out. Genesis Mining has never been a good choice, overpriced and there is no way to sell your hashing power.

Because ROI on S5 is almost two years now if you buy you are betting on bitcoin price increase so you can sell your hash at a profit. Rather than investing in any hosted mining I would just hold bitcoin now. Check the charts in Hashnest and look for a turnaround and wait until hash prices are in an uptrend before buying. When the market is trending up there is a good spread and volume on UMISOO and money to be made day trading.

iambitcoin5
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August 26, 2015, 09:52:07 PM
 #8066

Lol, the rage is real in this thread.

I'll pitch in too.

I want my fucking money Scamtos piece of f@#$@#$ @#$@# you scammign @#$@#$ @#$. I hope you get cancer and die from Hemorrhoids.  Angry
Are there any cloudmining sites out there with decent roi that are NOT scams? Can anybody name any?

Hashnest S5 is the safer choice because you can sell your hash at any time with no penalty. Stakeminers is interesting but there are significant withdrawal penalties if you want out. Genesis Mining has never been a good choice, overpriced and there is no way to sell your hashing power.

Because ROI on S5 is almost two years now if you buy you are betting on bitcoin price increase so you can sell your hash at a profit. Rather than investing in any hosted mining I would just hold bitcoin now. Check the charts in Hashnest and look for a turnaround and wait until hash prices are in an uptrend before buying. When the market is trending up there is a good spread and volume on UMISOO and money to be made day trading.
Thanks for the input and I'll definitely take that into consideration. Its hard trying to find cloudmining sites that won't scam you and also have a reasonable roi. Its almost like what's the point of even doing this at all if nothing works and your money sitting in limbo at a site taking forever to roi. Might as well park your couple of grand at the bank IMO.

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August 26, 2015, 09:58:35 PM
 #8067

wow scrypt.cc is scam?
one year ago I bought some kh/s there but I really forget about that. Tongue

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iambitcoin5
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August 26, 2015, 10:00:46 PM
 #8068

wow scrypt.cc is scam?
one year ago I bought some kh/s there but I really forget about that. Tongue
Yep its a SCAM with a capital S 😁

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August 26, 2015, 10:50:04 PM
 #8069

damn.. my pin is working on the settings but it's saying invalid on the withdrawal page. nice... Roll Eyes Shocked
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August 26, 2015, 11:37:00 PM
 #8070

deposits still dont work .   admin doesnt know what the frack they are doing

so this scrypt cc is dead ?
am i late to join this cloudmining ?
i calculate buy mhs and i get faster ROI than hashnet

YOU CANNOT WITHDRAW !!!!!!!!

Thank's for your reply/coment that can help me Smiley
now im research to other cloudmining (where i can get fast ROI + profit )

Screw Scrypt CC.

So far, the best option I have found for fast ROI + profit that seems legit, is Stakeminers. It is not conventional cloud mining, but POS. All investments are put together to stake as much as possible and maximize profit, and then we reap the rewards. The nature of the beast holds the potential of increasing rewards over time, instead of decreasing them. Read up on staking if you don't know the difference between POW and POS mining, and give Stakeminers a try Smiley In my opinion it is not selling a pipe dream, but a rather good business model that benefits all parties.

That's going to work great ...  Until one or more of the coins they are staking gets dumped and they get left holding the bag. Or when one of the coins they are staking gets dumped and the owner can pocket a bunch of bitcoins by claiming to have lost more in that dump than he really did due to the lack of transparency.

That idea would be ok if they collected various coins, staked them, and paid out the profits in the same coin. That way the users would have the level of risk for each coin that they choose, giving them bitcoins and allowing them to "diversify" them into various coins means that it really boils down to you sending him coins and letting him trade them for you. The staking gives some sort of backup plan, but that business model has a long history of failure, and way too many points of failure and/or ways to make a scam look like a failure.
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August 27, 2015, 02:39:25 AM
 #8071


That's going to work great ...  Until one or more of the coins they are staking gets dumped and they get left holding the bag. Or when one of the coins they are staking gets dumped and the owner can pocket a bunch of bitcoins by claiming to have lost more in that dump than he really did due to the lack of transparency.

That idea would be ok if they collected various coins, staked them, and paid out the profits in the same coin. That way the users would have the level of risk for each coin that they choose, giving them bitcoins and allowing them to "diversify" them into various coins means that it really boils down to you sending him coins and letting him trade them for you. The staking gives some sort of backup plan, but that business model has a long history of failure, and way too many points of failure and/or ways to make a scam look like a failure.

Coinwallet has actual staking pools - you deposit and withdraw in said coin at any time you'd like and the UI is completely automated. I do not know why anyone would trust a service like Leroy's StakeMiners when there are actual transparent POS pools where you are still in control of your coins.

Hand-carved Bitcoin stamps for sale: https://bitcointalk.org/index.php?topic=1247131
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August 27, 2015, 04:10:29 AM
 #8072

lol two days . and deposit still isnt their . admin of the site is a dumb as barrack obama and hillary combined .
iambitcoin5
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August 27, 2015, 04:18:54 AM
 #8073

lol two days . and deposit still isnt their . admin of the site is a dumb as barrack obama and hillary combined .
Wait. So you are still trying to invest money here? Oh lord. 😑

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August 27, 2015, 04:20:26 AM
 #8074

lol two days . and deposit still isnt their . admin of the site is a dumb as barrack obama and hillary combined .

you are the dumb one for depositing

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August 27, 2015, 04:47:24 AM
 #8075

RE: Mining.

Bitcoin has been tanking straight down for a month now and I don,t see much strength in the dead cat bounce now. So buying into cloud mining (the reality based variety) is probably not a very good idea right now. Do nothing for now. If bitcoin drops to 200-210 buy it. If this ongoing bear market bounce shows signs of holding and somehow improving  maybe then start thinking mining. Good luck, g

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August 27, 2015, 05:55:26 AM
 #8076

RE: Mining.

Bitcoin has been tanking straight down for a month now and I don,t see much strength in the dead cat bounce now. So buying into cloud mining (the reality based variety) is probably not a very good idea right now. Do nothing for now. If bitcoin drops to 200-210 buy it. If this ongoing bear market bounce shows signs of holding and somehow improving  maybe then start thinking mining. Good luck, g
SCC and gawminers were my first two cloudmining sites i have invested money in and lost money too. Now I just feel like everything is a scam at this point and also my ass hurts already from cloudmining. I just don't know anymore. Cheesy

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August 27, 2015, 06:40:26 AM
 #8077

RE: Mining.

Bitcoin has been tanking straight down for a month now and I don,t see much strength in the dead cat bounce now. So buying into cloud mining (the reality based variety) is probably not a very good idea right now. Do nothing for now. If bitcoin drops to 200-210 buy it. If this ongoing bear market bounce shows signs of holding and somehow improving  maybe then start thinking mining. Good luck, g
SCC and gawminers were my first two cloudmining sites i have invested money in and lost money too. Now I just feel like everything is a scam at this point and also my ass hurts already from cloudmining. I just don't know anymore. Cheesy

Take it easy, bitcoin isn,t going to rush to the moon without you any time soon. But this nasty bear market that has lasted for over a year has to end at some point. I suppose that the halving next year is bullish forward looking and if so the market should start pricing it in soon in the new year or perhaps a bit earlier. Consider buying coin on dips until then and hold.

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August 27, 2015, 07:13:34 AM
Last edit: September 02, 2015, 01:48:04 PM by btccashacc
 #8078

There are many outthere like zueshash they are legit cloud mining but lots of fees but its legit and its been running for a year now,

hashnet is better choice
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August 27, 2015, 08:02:42 AM
 #8079


Are there any cloudmining sites out there with decent roi that are NOT scams? Can anybody name any?
There are many outthere like zueshash they are legit cloud mining but lots of fees but its legit and its been running for a year now,

hashnet is better choice

I think you mean hashneSt Wink There's quite a big difference between the two

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August 27, 2015, 08:22:44 AM
Last edit: September 02, 2015, 01:44:15 PM by btccashacc
 #8080


I think you mean hashneSt Wink There's quite a big difference between the two
yeahhh i know it but i chose hashnet if to compare it with zeushash
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