Scrypt.CC | Scrypt Cloud Mining

[Holdaaja]

"Let's just hope for the best."

That pretty much sums up my experience with BitCoin investments over the last 8 months ..

Triff ..

That, unfortunately, is so incredibly true, Triff. That is my biggest disappointment in the entire crypto money thing. It's supposed to bring new possibilities but it has brought an incredible and growing amount of bullshit as well. Someone else said it also on this forum: the first experience a lot of people have with Bitcoin and altcoins is a scam. If anyone wants to bring crypto out of the dark corner, much more effort is needed.

But... dark shit doesn't apply to scrypt.cc of course. They'll be back. Soon®  

I guess that being scammed is part of the process required to become an experienced user of crypto currencies.

Fortunately so far I've been scammed only once (in bitcoinera.net) and I couldn't say I wasn't expecting that.

Only time I have been scammed was Leancy, but I was already on profit from there.

[RentaMouse]

I can understand Scrypt.cc's reasons for wanting to remain fairly anonymous, but its also a factor against me investing a significant amount in their site. I appreciate its still in "beta" and so far they have been pretty honest in their approach, however I would suggest they have to take steps to disprove the "Ponzi" accusation if they want to go mainstream. Which really means proving they have the hashpower they claim to have - anyone have any suggestions on how they can do it?

Perhaps announcing a list of coins their pool will mine for 24hrs, along with the deposit addresses with signed messages to verify ownership? The blockchains for those coins will then show which blocks they mined and comparison with the overall network hashrate for each coin would give a pretty good approximation of Scypt.cc's total hashrate.

[dyask]

I can understand Scrypt.cc's reasons for wanting to remain fairly anonymous, but its also a factor against me investing a significant amount in their site. I appreciate its still in "beta" and so far they have been pretty honest in their approach, however I would suggest they have to take steps to disprove the "Ponzi" accusation if they want to go mainstream. Which really means proving they have the hashpower they claim to have - anyone have any suggestions on how they can do it?

Perhaps announcing a list of coins their pool will mine for 24hrs, along with the deposit addresses with signed messages to verify ownership? The blockchains for those coins will then show which blocks they mined and comparison with the overall network hashrate for each coin would give a pretty good approximation of Scypt.cc's total hashrate.

They aren't anonymous, they are in Brazil.   The Admin has offered to give tours to people if they visiting in the area.  He has also clearly and many times explained why they don't publish the coins they are mining.   That is their edge and they don't want other pools following them.   This is a mining operation and profit is what it is all about.   However when the Admin is online he will tell you what they are mining if you ask.   In the past he has also provide addresses of many of the cold storage wallets used.   

There have been discussions about other less invasive ways to provide proof of their hashing power.  Such as just mining a chosen coin for 20 minutes.   (TheRue's plan)   I don't know if that will happen or not.   

The best evidence is just talking with them.   Also being paid every ten minutes!   Actually over time there is a wealth of evidence that everything is real.   For example when payouts have been lower I have found that must multipools are also having problems.

Finally the site has been up almost 3 months and it has been dealing honestly with customers.   If that isn't enough for you, then fine.   You have to decide the level of risk that you can accept.     For me there are two main points of risk:

1) There seems to be only one Admin that speaks English well.   I wish there were more at the site.   
2) The market is still very small, so it is hard to sell a large amount of KHS very quickly.   

[raskul]

Admin that speaks English well. 

can i haz an audit pleazes?

[dyask]

Admin that speaks English well. 

can i haz an audit pleazes?

When I wanted an audit, I entered a support ticket and it was done within a day.   

[RentaMouse]

I probably should have said that I have bought KHs at Scrypt.cc so I'm not calling it a scam, I'm just saying that with anything Bitcoin anyone thinking of investing should be checking out a site very thoroughly first. Currently there are a few things that I would think put some people off, but then maybe Scrypt.cc are fine with that whilst they are still in beta.

Being pedantic though, if you dont know the names and addresses of the people running the website, they are anonymous. Doesn't mean they are criminals, BTC-e are in Bulgaria, they are still anonymous, doesnt seem to do their business much harm.

[raskul]

Admin that speaks English well. 

can i haz an audit pleazes?

When I wanted an audit, I entered a support ticket and it was done within a day.   

lol , me too, i'm just being a rascal 

[gon88]

Anyone knows why the price of KHS is going down everyday?

[raskul]

Anyone knows why the price of KHS is going down everyday?

prices are controlled by users buy/sell. users are simply competing against one-another.

[gon88]

Anyone knows why the price of KHS is going down everyday?

prices are controlled by users buy/sell. users are simply competing against one-another.

Yeah, I know, thanks...  But I'm asking why this selling spree

[dyask]

Anyone knows why the price of KHS is going down everyday?

prices are controlled by users buy/sell. users are simply competing against one-another.

Yeah, I know, thanks...  But I'm asking why this selling spree

You have to find some sellers and ask them.   People just want btc fast for some reason.   I don't know what that reason is. 

[raskul]

thank you scrypt.cc for the very quick audit.
promptly reinvested 

[dyask]

thank you scrypt.cc for the very quick audit.
promptly reinvested  

The audit script went astray and spread out 600 BTC across accounts.  They retrieved all but 10 BTC because I guess people had already reinvested.   The admin called it the 10 BTC Easter give away.   Maybe you got some of that.  

I think I might have got .006 BTC of it myself across two accounts.  If so it is hashing away now.    

[beaknuke]

that explain why i have improved overnight also they are at 1.0000 per khs! wtf happened.. i know CEX is down to FHA price now but I never seen Script so low

[GhostPlayer]

great time to get in!

[Spitfire75]

I'm not getting the activation email. I've checked my spam folder and I'm able to reset my password and those emails I get, but I'm not able to activate my account. Please help.

[escrowguy]

great time to get in!

I panic bought some khs 

[RentaMouse]

that explain why i have improved overnight also they are at 1.0000 per khs! wtf happened.. i know CEX is down to FHA price now but I never seen Script so low

Someone put 20btc of khs on sale at BTC0.001 about 12 hours ago, seems to have been slowly getting sold off since. Does make a very tempting purchase at the current rate of return, especially compared to GHS from cex.io, but then it also shows that its harder to sell your KHS if you want to cash out in a hurry.

[shinyhare]

that explain why i have improved overnight also they are at 1.0000 per khs! wtf happened.. i know CEX is down to FHA price now but I never seen Script so low

Someone put 20btc of khs on sale at BTC0.001 about 12 hours ago, seems to have been slowly getting sold off since. Does make a very tempting purchase at the current rate of return, especially compared to GHS from cex.io, but then it also shows that its harder to sell your KHS if you want to cash out in a hurry.

Liquidity woes 

[dyask]

thank you scrypt.cc for the very quick audit.
promptly reinvested  

The audit script went astray and spread out 600 BTC across accounts.  They retrieved all but 10 BTC because I guess people had already reinvested.   The admin called it the 10 BTC Easter give away.   Maybe you got some of that.  

I think I might have got .006 BTC of it myself across two accounts.  If so it is hashing away now.    

My son also had an extra .003 BTC this morning in his account.   If it was 10 btc worth that would suggest about 3000 accounts.    Interesting.

Edit: Sounds like the extra was somewhat random.   So I guess that doesn't tell us much.