[HAVELOCK] SCRYPT 4 GH/s hosted scrypt mining project by CRYPTX

[NotLambchop]

Congratulations greedy No-Brainers,

you have just burned your Money :-)

But you are VIP´s - so called IPO´s now.

Heehehehehehe

Omg Omg Omg

[nwfella]

Then lets prepare an email here together and we send it ?

Sure, saying what?

ATM here are 5 ideas in this thread we could use to make the project better, which would give scrypt also more profit .

The only problem here of course is that cryptx's current way of doing things has worked out great for one party so far...  Cryptx himself.  After a proven history of overcharging on electric and hosting/admin fee's.  Followed up by some extremely poor 'reinvestment' decisions (back when reinvestment was still part of the equation on sha project) which obviously don't affect his hosting and electric fee's at all and poor communication the end result is clear.  CryptX and team are the only winners on this venture :/

[burner2014]

ScryptX are the biggest amateurs I have ever met in the Scrypt Mining Business.

Never ever again. This images tells everything. The yellow at the bottom shows the LTC Profit. The other lines show profit pools and we would make 20-40% more profit every week. Sorry guys but you suck!

[mruiter]

And the worst thing is. They dont give A SHIT and dont even COMUNICATE here.
They just pop om in the beginning to sell of the hype and get there big fat mining fee.
Thats one thing that became sure the past weeks.

[burner2014]

And the worst thing is. They dont give A SHIT and dont even COMUNICATE here.
They just pop om in the beginning to sell of the hype and get there big fat mining fee.
Thats one thing that became sure the past weeks.

So guys can we make an email to them to get this project a bit back on track? I don't think they will sell us out, as everyone said they want to make profit.

My proposal: Get some people together, make a petition and send it to them.

If we....

• Make better reinvestments, better $/MHs
• Take Profitpools instead of LTC

...we can have a 50% increase in Profit over some time. THis is a circle , more profits, more reinvestment etc etc etc.
At the moment we could get with 81 BTC , 48.000 $ around 3-4.5 GH/s , so all in all around 8 Gh/s


Anyone in? I can only try to pull the trigger and motivate you guys to help me.

This project is not lost yet if you think 5-12 months from now and the Bitcoin price rises.

Cheers

Christian

[alexius89]

And the worst thing is. They dont give A SHIT and dont even COMUNICATE here.
They just pop om in the beginning to sell of the hype and get there big fat mining fee.
Thats one thing that became sure the past weeks.

So guys can we make an email to them to get this project a bit back on track? I don't think they will sell us out, as everyone said they want to make profit.

My proposal: Get some people together, make a petition and send it to them.

If we....

• Make better reinvestments, better $/MHs
• Take Profitpools instead of LTC

...we can have a 50% increase in Profit over some time. THis is a circle , more profits, more reinvestment etc etc etc.


Anyone in? I can only try to pull the trigger and motivate you guys to help me.

This project is not lost yet if you think 5-12 months from now and the Bitcoin price rises.

Cheers

Christian

Good Plan!
to use more profitable Multi Pools is a major point i think!

=> spending the reinvestment more intelligent is also pretty important. Lets just decide together what to buy for the reinvestment?! (Links to offers, websites are appreciated)

Perhaps its also possible to lower to Hosting & Administration fee a bit. It would have a very positive effect on the longterm run of this project.

By sending a proper Email to the Cryptx Team we want to achieve the following things

(1) Choosing a high profitable Multipool
(2) Better reinvestment decisions with the effort of the investors
(3) a hopefully lower admin/hosting fee

I hope you guys and investors are in and contribute here as well with some activity!

thanks.

[fractal02]

Maybe they already use a multipool...

But give you the LTC oupss....the BTC instead...and keep the diff coins...
They show what pool the equipment is pointed ? What hashrate ?

[IamNotSure]

Maybe they already use a multipool...

But give you the LTC oupss....the BTC instead...and keep the diff coins...
They show what pool the equipment is pointed ? What hashrate ?

Don't don't even tell us how many LTC are mined since 3 weeks... really shady 

[burner2014]

Maybe they already use a multipool...

But give you the LTC oupss....the BTC instead...and keep the diff coins...
They show what pool the equipment is pointed ? What hashrate ?

Don't don't even tell us how many LTC are mined since 3 weeks... really shady 

But guys you can complain right now or you can step up and change.

Can everyone who likes Alexius plan quote him with a +1?  Thanks!

Then I can see how many people are active here to make a vote in the future and forward this to ScryptX with some Recommendations for Mining and Reinvestment.

[Tragter]

And the worst thing is. They dont give A SHIT and dont even COMUNICATE here.
They just pop om in the beginning to sell of the hype and get there big fat mining fee.
Thats one thing that became sure the past weeks.

So guys can we make an email to them to get this project a bit back on track? I don't think they will sell us out, as everyone said they want to make profit.

My proposal: Get some people together, make a petition and send it to them.

If we....

• Make better reinvestments, better $/MHs
• Take Profitpools instead of LTC

...we can have a 50% increase in Profit over some time. THis is a circle , more profits, more reinvestment etc etc etc.


Anyone in? I can only try to pull the trigger and motivate you guys to help me.

This project is not lost yet if you think 5-12 months from now and the Bitcoin price rises.

Cheers

Christian

Good Plan!
to use more profitable Multi Pools is a major point i think!

=> spending the reinvestment more intelligent is also pretty important. Lets just decide together what to buy for the reinvestment?! (Links to offers, websites are appreciated)

Perhaps its also possible to lower to Hosting & Administration fee a bit. It would have a very positive effect on the longterm run of this project.

By sending a proper Email to the Cryptx Team we want to achieve the following things

(1) Choosing a high profitable Multipool
(2) Better reinvestment decisions with the effort of the investors
(3) a hopefully lower admin/hosting fee

I hope you guys and investors are in and contribute here as well with some activity!

thanks.

+1

[EdoBcn]

And the worst thing is. They dont give A SHIT and dont even COMUNICATE here.
They just pop om in the beginning to sell of the hype and get there big fat mining fee.
Thats one thing that became sure the past weeks.

So guys can we make an email to them to get this project a bit back on track? I don't think they will sell us out, as everyone said they want to make profit.

My proposal: Get some people together, make a petition and send it to them.

If we....

• Make better reinvestments, better $/MHs
• Take Profitpools instead of LTC

...we can have a 50% increase in Profit over some time. THis is a circle , more profits, more reinvestment etc etc etc.


Anyone in? I can only try to pull the trigger and motivate you guys to help me.

This project is not lost yet if you think 5-12 months from now and the Bitcoin price rises.

Cheers

Christian

Good Plan!
to use more profitable Multi Pools is a major point i think!

=> spending the reinvestment more intelligent is also pretty important. Lets just decide together what to buy for the reinvestment?! (Links to offers, websites are appreciated)

Perhaps its also possible to lower to Hosting & Administration fee a bit. It would have a very positive effect on the longterm run of this project.

By sending a proper Email to the Cryptx Team we want to achieve the following things

(1) Choosing a high profitable Multipool
(2) Better reinvestment decisions with the effort of the investors
(3) a hopefully lower admin/hosting fee

I hope you guys and investors are in and contribute here as well with some activity!

thanks.

+1

+1

[JstnPwll]

Remember the prospectus?

The projected dividend for the week of 8/7/2014 was 0.0006048. Last week we got 0.0001369. We're only 80% behind!

Ha.

[stompysteve]

Remember the prospectus?

The projected dividend for the week of 8/7/2014 was 0.0006048. Last week we got 0.0001369. We're only 80% behind!

Ha.

was also based off starting with 10GH online.....they only started with 3GH since IPO did not sell out

[JstnPwll]

was also based off starting with 10GH online.....they only started with 3GH since IPO did not sell out

Exactly, that's why I divided the weekly div projection by 100,000 instead of by the actual number of shares sold (29,438).

[TheSmackDown]

People they need guarantee buybacks on any IPO minus say 10% as they hv earnt a lot in BTC using the funds to scrypt mine. So if they hv made their money and continue to so so by buying peoples shares, its still a win situation for them.

That would be good and proper.

[nwfella]

buyback at -10%?  Why not at full IPO price rather.  It's not like they haven't been raking in the hosting and admin fee's this whole time!

[TheSmackDown]

Just trying to entice them. And yes they have made their money and continue to do so. So yes they should buy back at full IPO price.

[EdoBcn]

If Cryptx would buy back at IPO -10% -all dividends paid until now, I would be so happy.
Even -20%.

I'm losing 85% right now... with no chance to sell even with this huge loss. So yes... whatever. But it will not happen.

I still think that the option of using reinvestment to buy back shares each week, is the most profitable for Cryptx and (maybe) for shareholders.

[Stego]

Yeah I hope they buy back our shares at IPO price minus 10-20%. They would still make huge profit even with this

[alexius89]

Dear CryptX Team,

as you might already read in the SCRYPT Thread there is a lot discussion regarding the way you manage the Project. You as the Hoster/Share issuer are responsible for your investors so please do not ignore us. Happy Investors will spread positive word of mouth anywhere which results in a Win situation for you too.

With that official mail we would like to get your attention concerning our situation which is currently not reallly good.

Suggestions were made as follows:

(1) let the Shareholder decide which Hardware should be bought witht he reinvestment Fund

(2) write at least one update per week in the BTC-talk Thread. Further plans, current LTC rate, how many LTC were mined...etc.. pp

(3)  a Possible BUY BACK until IPO Price (perhaps also IPO price - 10%)  with the current Reinvestment Fund.

(4) Choosing of a more profitable Multi Pool than now (nice-hash e.g.)

Thanks in advance
Cheers

That is the Mail i wanted to send.  Please correct anything if there is something wrong. (grammer, content) and also feel free to add other suggestions.  I will send the Email in the next 2 days.

Thanks