ddalex (OP)
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March 12, 2014, 11:38:47 PM Last edit: March 14, 2014, 02:38:58 PM by ddalex |
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The game is over at http://cex.io/r/0/ddname/0/To prevent getting 51% of the Litecoin network, the reward multiplier will be adjusted according to the pool speed. Pool Speed Reward multiplier 0 – 40 GH/s x2 40 – 60 GH/s x1.25 60+ GH/s x1
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Blazed
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March 13, 2014, 03:11:38 PM |
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It is too small... @ 1GH you will make less even with 2x rewards.
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muhhkuh
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March 14, 2014, 11:39:26 AM |
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Well I tried it and you don't even get the normal LTC reward In 3 hours just 0,01 LTC instead of 0,03 and if it's double reward it should be around 0,06 LTC
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muhhkuh
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March 14, 2014, 12:44:53 PM |
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Party is over anyway Pool Speed Reward multiplier 0 – 40 GH/s x2 40 – 60 GH/s x1.25 60+ GH/s x1 At the Moment we're at 38.51 Gh/s and it grows rapidly!
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tuner
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March 14, 2014, 12:59:44 PM |
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fking ghash scammers, if they promised 2x rewards for a week they should keep their word, it's not excuse about 51% attack, they just need do not let new miners join in and thats all Party is over anyway Pool Speed Reward multiplier 0 – 40 GH/s x2 40 – 60 GH/s x1.25 60+ GH/s x1 At the Moment we're at 38.51 Gh/s and it grows rapidly!
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dspair
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March 14, 2014, 01:00:25 PM |
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Yeah, total scam.
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Eastwind
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March 14, 2014, 01:03:10 PM |
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Party is over anyway Pool Speed Reward multiplier 0 – 40 GH/s x2 40 – 60 GH/s x1.25 60+ GH/s x1 At the Moment we're at 38.51 Gh/s and it grows rapidly! Where did you see the reward rate?
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muhhkuh
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March 14, 2014, 01:16:08 PM |
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Where did you see the reward rate?
Here - https://ghash.io/LTCI don't know if it's a scam but there is clearly no 2x reward
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kileris
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March 14, 2014, 01:19:55 PM |
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should have let people know beforehand about that. RIP
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perls
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March 14, 2014, 01:38:16 PM |
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I got in when it was at like 2gh's, some whale moved over with ~20gh's on his own (from Waffle since that's where he usually sits).
Oh well, it was fun for a minute, now it's meh.
"Hi we're going to offer a 7 day promotion"
less than 1 day in
"Hi, we're going to alter the promotion so its useless for the 'final' 6 days, thanks for playing"
=D
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Blazed
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March 14, 2014, 02:24:31 PM |
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Bait and Switch..
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Eganwp
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March 14, 2014, 05:15:27 PM |
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Their reward payout even when the pool is well below the 40GH/s doesnt make sense either.
My payouts from last night w/ 4MH were 0.04LTC per round, every round. This morning with the same 4MH still plugging away, every round payout is now 0.01LTC.... Exact same number of shares submitted.
Nice scam job...
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JaxonBTC
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March 14, 2014, 06:51:47 PM |
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Their reward payout even when the pool is well below the 40GH/s doesnt make sense either.
My payouts from last night w/ 4MH were 0.04LTC per round, every round. This morning with the same 4MH still plugging away, every round payout is now 0.01LTC.... Exact same number of shares submitted.
Nice scam job...
I noticed the same thing with my 5 MH pointed there: About .04 every round and then .01 every round this morning. After looking back at the stats I noticed the returns diminished as the pool grew from 7-9GH to almost 40, a factor of about 4. My thinking was that as the pool grew you get a smaller slice but you work through blocks quicker keeping earnings about the same. Is this right, wrong, someone care to chime in and clarify or offer their opinion on this?
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Trestle
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Rockem Sockem
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March 14, 2014, 06:58:01 PM |
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Changed again Pool fee is 0% ! Doubled rewards for LiteCoin mining ends in [5 days, 19 hours, 2 minutes, and 32 seconds] To prevent getting 51% of the Litecoin network, the reward multiplier will be adjusted according to the pool speed. Current multiplier: x1.25.
Pool Speed Reward multiplier 0 – 25 GH/s x2 25 – 60 GH/s x1.25 60+ GH/s x1
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Orion99
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March 14, 2014, 07:04:06 PM |
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Changed again Pool fee is 0% ! Doubled rewards for LiteCoin mining ends in [5 days, 19 hours, 2 minutes, and 32 seconds] To prevent getting 51% of the Litecoin network, the reward multiplier will be adjusted according to the pool speed. Current multiplier: x1.25.
Pool Speed Reward multiplier 0 – 25 GH/s x2 25 – 60 GH/s x1.25 60+ GH/s x1
Yes once again they've reduced the rewards. This promotion is looking worse with each passing minute.
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perls
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March 14, 2014, 07:59:12 PM |
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Changed again Pool fee is 0% ! Doubled rewards for LiteCoin mining ends in [5 days, 19 hours, 2 minutes, and 32 seconds] To prevent getting 51% of the Litecoin network, the reward multiplier will be adjusted according to the pool speed. Current multiplier: x1.25.
Pool Speed Reward multiplier 0 – 25 GH/s x2 25 – 60 GH/s x1.25 60+ GH/s x1
Yes once again they've reduced the rewards. This promotion is looking worse with each passing minute. Wow. Few more hours and it's going to be 0-5 x2, 5-60 x1, 60+ x.5 lol
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Blazed
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March 14, 2014, 08:04:49 PM |
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Bait and Switch... lets all ditch them the second this scam promotion is over
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paul09
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March 14, 2014, 08:48:58 PM |
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I guess the '51%' excuse is no longer valid, WTF is their reasoning for needing to lower the gh/s threshold even more?
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JaxonBTC
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March 14, 2014, 09:30:47 PM |
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I guess the '51%' excuse is no longer valid, WTF is their reasoning for needing to lower the gh/s threshold even more?
Yeah, it's pretty ridiculous, bordering on straight up misadvertising and illegal. Don't they have a legal right to keep a promotion going as advertised or can they get away with it because Crypto Currencies are still in the "West West" stage? I won't trust them again and I'm sure a LOT of miners feel the same. Bait and Switch... lets all ditch them the second this scam promotion is over
Absolutely agree!
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