nwfella
Legendary
 Offline
Activity: 1610
Merit: 1000
Well hello there!
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September 12, 2014, 07:06:36 PM |
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Today's ScryptX dividend: 0.00007681/share
I suspect next dividend will be closer to 5500-6000 tops. Road to nowhere and in a hurry.
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¯¯̿̿¯̿̿'̿̿̿̿̿̿̿'̿̿'̿̿̿̿̿'̿̿̿)͇̿̿)̿̿̿̿ '̿̿̿̿̿̿\̵͇̿̿\=(•̪̀●́)=o/̵͇̿̿/'̿̿ ̿ ̿̿
Gimme the crypto!!
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TheSmackDown
Member
Offline
Activity: 100
Merit: 10
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September 13, 2014, 12:22:47 PM
Last edit: September 13, 2014, 07:05:13 PM by TheSmackDown |
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share price is up a smidgen!
err no it was temporary.
then again slightly up. wow.
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EdoBcn
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September 17, 2014, 09:18:43 AM |
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Today's ScryptX dividend: 0.00007681/share
I suspect next dividend will be closer to 5500-6000 tops. Road to nowhere and in a hurry.
This is one of the reasons I don't understand how the majority of shareholders voted to keep the reinvestment fund and to wait for opportunities... Unless those opportunities are to buy lottery tickets, I can't see how to get out of this. Anyway, on the topic of "cryptx faking the survey results", it could help to see a masked list of voters. Cryptx just remove the usernames but show us a screenshot please. I'm sure that if you faked it, you can also fake a photoshopped result... right? |
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IamNotSure
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September 17, 2014, 10:49:51 AM |
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Today's ScryptX dividend: 0.00007681/share
I suspect next dividend will be closer to 5500-6000 tops. Road to nowhere and in a hurry.
This is one of the reasons I don't understand how the majority of shareholders voted to keep the reinvestment fund and to wait for opportunities... Unless those opportunities are to buy lottery tickets, I can't see how to get out of this. Anyway, on the topic of "cryptx faking the survey results", it could help to see a masked list of voters. Cryptx just remove the usernames but show us a screenshot please. I'm sure that if you faked it, you can also fake a photoshopped result... right? IDK, based on the level of discussion over here, I woudn't be surprised that the vote was genuinely in favor of reinvesting... But good news, we're mining shitcoins now ! |
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Morguk
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September 18, 2014, 09:37:22 PM |
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Just sold my shares. Sucks, but sometimes you win and sometimes you lose. Lesson learnt.. hopefully!
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Calculate the chance of hitting a bitcoin block when solo mining at |
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TheSmackDown
Member
Offline
Activity: 100
Merit: 10
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September 19, 2014, 11:35:35 AM |
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Nice loss and share price
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EdoBcn
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September 22, 2014, 10:30:14 AM |
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So, we are keeping the reinvestment fund for future opportunities... how much in the future?
What are 106.93 BTC doing right now? Where are we looking as a possible scenario for using it?
Where are all the 50%+1 voters looking at?
I disclosed my amount of shares a while ago. No one else did the same... so where are them? Why they voted to keep the fund? What did they had in mind?
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IamNotSure
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September 22, 2014, 11:07:19 AM |
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BTW, we were supposed to mine DOGE but they weren't included in the last div ?
Cryptx, will you get out of your hole and answer here please ? I know this place is full of trolls but you have to provide ansmwers to genuine questions.
About the reinvest fund, I'm still in favor of a one time DIV distribution (around 0.0036 BTC /share if I'm right)
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TheSmackDown
Member
Offline
Activity: 100
Merit: 10
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September 23, 2014, 05:05:44 PM |
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you are right but we shud hv a one time say 50% fund div share.
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IamNotSure
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September 26, 2014, 08:48:17 AM |
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Since they don't bother replying here, what's the contact address of ScryptX ? Actually, I live near their office, I might pay them a visit ! I even know their landlord... funny world  |
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DebitMe
Legendary
Offline
Activity: 2800
Merit: 1012
Get Paid Crypto To Walk or Drive
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September 26, 2014, 06:57:57 PM |
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I have never heard of Rhinoceros Labs, so my initial thought is no, that is not legit as it is currently the highest scrypt miner on the market and someone would have mentioned it by now. Also, they say the 5 GH/s costs 55K, and our investment fund is only ~100 btc, which at $400 a coin, is 40K, not even enough to purchase 1. |
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mfajma
Newbie
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Activity: 5
Merit: 0
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September 26, 2014, 06:59:45 PM |
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I have never heard of Rhinoceros Labs, so my initial thought is no, that is not legit as it is currently the highest scrypt miner on the market and someone would have mentioned it by now. Also, they say the 5 GH/s costs 55K, and our investment fund is only ~100 btc, which at $400 a coin, is 40K, not even enough to purchase 1. Haha I put the decimal in the wrong place. It's always the mundane details. |
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DebitMe
Legendary
Offline
Activity: 2800
Merit: 1012
Get Paid Crypto To Walk or Drive
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September 26, 2014, 07:05:38 PM |
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I have never heard of Rhinoceros Labs, so my initial thought is no, that is not legit as it is currently the highest scrypt miner on the market and someone would have mentioned it by now. Also, they say the 5 GH/s costs 55K, and our investment fund is only ~100 btc, which at $400 a coin, is 40K, not even enough to purchase 1. Haha I put the decimal in the wrong place. It's always the mundane details. No problem, although I would have hoped that Cryptx would have provided some other opportunities by now for use of the reinvestment fund, its nice to see the dividend becoming slightly stagnant, but I would like to get our hashrate increased somehow. Certainly they have had time to talk with GAW, Bitmain, as well as other chip manufacturers/hosting centers, but not even an update in the weekly report. Its also funny how the amount taken for electricity/hosting didn't change from last week. Certainly the electricity costs per bitcoin price were not the exact same, which makes me wonder, are they just doing rough calculations to get the hosting fee or what are they doing? |
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EdoBcn
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October 03, 2014, 11:37:29 AM |
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Cryptx dropped the hosting fees on Peta.
While this brings up some additional discussion on how they are able to reduce a fixed cost, I wonder if they are going to do the same to Scryptx and when.
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webbrowser
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October 03, 2014, 02:24:39 PM |
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Cryptx dropped the hosting fees on Peta.
Called it back in Aug. While this brings up some additional discussion on how they are able to reduce a fixed cost, I wonder if they are going to do the same to Scryptx and when.
You can expect it to happen when or just before SCRYPT dividends hits zero. Because that may trigger the dissolution process specified in the prospectus, which is not in cryptx's favour. |
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EdoBcn
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October 03, 2014, 04:11:12 PM |
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Cryptx dropped the hosting fees on Peta.
Called it back in Aug. While this brings up some additional discussion on how they are able to reduce a fixed cost, I wonder if they are going to do the same to Scryptx and when.
You can expect it to happen when or just before SCRYPT dividends hits zero. Because that may trigger the dissolution process specified in the prospectus, which is not in cryptx's favour. thanks I forgot about that part (I reviewed the document when all lokked still pretty promising). anyone willing to calculete when this will happen? |
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DebitMe
Legendary
Offline
Activity: 2800
Merit: 1012
Get Paid Crypto To Walk or Drive
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October 03, 2014, 04:16:40 PM |
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Looks like they cut the hosting fee for scryptX as well. It went from almost 5 btc last week to 3.6 this week, and the exchange rate sure didn't recover.
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IamNotSure
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October 03, 2014, 04:51:25 PM |
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Looks like they cut the hosting fee for scryptX as well. It went from almost 5 btc last week to 3.6 this week, and the exchange rate sure didn't recover.
Looks like they "forgot" to distribute the DOGE mined 2 weeks ago... |
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EdoBcn
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October 03, 2014, 07:44:29 PM |
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Looks like they cut the hosting fee for scryptX as well. It went from almost 5 btc last week to 3.6 this week, and the exchange rate sure didn't recover.
Looks like they "forgot" to distribute the DOGE mined 2 weeks ago... unfortunately without stats we have no visibility on what is being mined and anything else. Also no news on how to invest the >100btc of the fund. (just out of curiosity: how do you know about the forgotten doge?) |
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