LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, Not paying!!!

[vasude]

btc value is 377 usd ,do you sell the bitcoin and encash it in your bank account or holding in wallet?  i want comment

[1714764965]

1714764965

[1714764965]

1714764965

[1714764965]

1714764965

[1714764965]

1714764965

[1714764965]

1714764965

[zoro1]

if you afford to take the risk then keep them
i think since the difficulty was the same all this week ~52000
the payout would be a little less than previous week.

[camsarria]

Its a new announcment, the last week payout started at 00:00

[Flep182]

btc value is 377 usd ,do you sell the bitcoin and encash it in your bank account or holding in wallet?  i want comment

This week I'm receiving LTC instead of BTC. I'll just sell them for BTC but can play a bit with the exchangerate and maybe grab a few percent more. On top of that, I'm keeping all BTC. Only reinvesting in BTC producing stuff atm.

[blackice2013]

Hi again.
I want to ask you guys about tha 2 months... ROI posted here.
I cant see how can you get 2 months ROI on this...
PLEASE CORRECT ME IF I'M WRONG

Nov 28 2014 calculations for Litecoin:

2014-11-21 – Network difficulty 46816.02093 – 0.00135356 LTC/day / 1 Farm$hare (0.00016507 LTC/day / 1 Hw$hare)
2014-11-22 – Network difficulty 46847.29664 – 0.00135265 LTC/day / 1 Farm$hare (0.00016496 LTC/day / 1 Hw$hare)
2014-11-23 – Network difficulty 49818.48906 – 0.00127198 LTC/day / 1 Farm$hare (0.00015512 LTC/day / 1 Hw$hare)
2014-11-24 – Network difficulty 49818.48906 – 0.00127198 LTC/day / 1 Farm$hare (0.00015512 LTC/day / 1 Hw$hare)
2014-11-25 – Network difficulty 49818.48906 – 0.00127198 LTC/day / 1 Farm$hare (0.00015512 LTC/day / 1 Hw$hare)
2014-11-26 – Network difficulty 51792.20751 – 0.00122351 LTC/day / 1 Farm$hare (0.00014921 LTC/day / 1 Hw$hare)
2014-11-27 – Network difficulty 52646.50355 – 0.00120365 LTC/day / 1 Farm$hare (0.00014679 LTC/day / 1 Hw$hare)

Total: 0.00894931 LTC (0.00921779 for 3% bonus shares and 0.00966526 for 3+5% bonus shares)/ 7 days / 1 Farm$hare
Total: 0.01420526 LTC / 7 days / 1 ASIC Share
Total: 0.00071026 LTC / 7 days / 1 Hw$hare

Assuming the last payouts are 0.01420526 for 1 share (7 days), lets use 3000 shares for example:

3000 shares cost about 899$ (today)
0.01420526 * 3000 = 42.61 LTC in 7 days . Thas about 150$ at current LTC price of 3.5$
So its suposed to be 150*4 weeks = 600$ for 1 mouth. BUT
There is a increment of difficulty of 1% EVERY DAY looking at last 6 months (not regular increments)
That means 30% less at the end of the first month: 600$ - 30% = 420$
So second month may be 600-60% = 240$.
And for 3rth month will be only = 600-90% = 60$
That will be about 750$ in 3 months.... still far from 899$ investment.

What I' am doing wrong?
Where is 2 months ROI ?

I'm sry if I am wrong. Just want to be sure how this goes before buy.
Awaiting your comments.

Thanks!

[alienesb]

Hi again.
I want to ask you guys about tha 2 months... ROI posted here.
I cant see how can you get 2 months ROI on this...
PLEASE CORRECT ME IF I'M WRONG

Nov 28 2014 calculations for Litecoin:

2014-11-21 – Network difficulty 46816.02093 – 0.00135356 LTC/day / 1 Farm$hare (0.00016507 LTC/day / 1 Hw$hare)
2014-11-22 – Network difficulty 46847.29664 – 0.00135265 LTC/day / 1 Farm$hare (0.00016496 LTC/day / 1 Hw$hare)
2014-11-23 – Network difficulty 49818.48906 – 0.00127198 LTC/day / 1 Farm$hare (0.00015512 LTC/day / 1 Hw$hare)
2014-11-24 – Network difficulty 49818.48906 – 0.00127198 LTC/day / 1 Farm$hare (0.00015512 LTC/day / 1 Hw$hare)
2014-11-25 – Network difficulty 49818.48906 – 0.00127198 LTC/day / 1 Farm$hare (0.00015512 LTC/day / 1 Hw$hare)
2014-11-26 – Network difficulty 51792.20751 – 0.00122351 LTC/day / 1 Farm$hare (0.00014921 LTC/day / 1 Hw$hare)
2014-11-27 – Network difficulty 52646.50355 – 0.00120365 LTC/day / 1 Farm$hare (0.00014679 LTC/day / 1 Hw$hare)

Total: 0.00894931 LTC (0.00921779 for 3% bonus shares and 0.00966526 for 3+5% bonus shares)/ 7 days / 1 Farm$hare
Total: 0.01420526 LTC / 7 days / 1 ASIC Share
Total: 0.00071026 LTC / 7 days / 1 Hw$hare

Assuming the last payouts are 0.01420526 for 1 share (7 days), lets use 3000 shares for example:

3000 shares cost about 899$ (today)
0.01420526 * 3000 = 42.61 LTC in 7 days . Thas about 150$ at current LTC price of 3.5$
So its suposed to be 150*4 weeks = 600$ for 1 mouth. BUT
There is a increment of difficulty of 1% EVERY DAY looking at last 6 months (not regular increments)
That means 30% less at the end of the first month: 600$ - 30% = 420$
So second month may be 600-60% = 240$.
And for 3rth month will be only = 600-90% = 60$
That will be about 750$ in 3 months.... still far from 899$ investment.

What I' am doing wrong?
Where is 2 months ROI ?

I'm sry if I am wrong. Just want to be sure how this goes before buy.
Awaiting your comments.

Thanks!

You can re-do your math with these facts:

Take off 8% for paying with BTC = $827.08 for the 3000 shares
Multiply the 3000*1.25 and you get 3750 shares (you get multiplication every 6 weeks based on the increase in LTC difficulty)

[david123]

1. You forgot about the 6-weekly share multiplications, which make a big difference.
2.

Just want to be sure how this goes before buy.

You cannot be sure how this goes. LTC-diff and exchange rates can vary, nobody can tell
you the future. It's a gamble in any case.

[blackice2013]

Thanks for your answers.

I didnt know about that multiplications on your shares..
So it seems not that bad with this increase.

I'll give it a try.

Thanks again!


PD: found this calculator. You probably already know, but I'll leave here.

https://ltcgearcalc.com/roi-tracker.php

it says ROI is about 6-7 weeks if you buy today or in next days.

[rhkazani1]

Out of the blue I get LTC gear one time pass codes on my email, is it a glitch in the system or someone is trying to get into my account, is anyone else having the issue?

[Pistachio]

Out of the blue I get LTC gear one time pass codes on my email, is it a glitch in the system or someone is trying to get into my account, is anyone else having the issue?

Never had this issue with any of my accounts. Sounds like someone is trying to get into your account.

[vasude]

Out of the blue I get LTC gear one time pass codes on my email, is it a glitch in the system or someone is trying to get into my account, is anyone else having the issue?

change your password ,use strong password

[rhkazani1]

Out of the blue I get LTC gear one time pass codes on my email, is it a glitch in the system or someone is trying to get into my account, is anyone else having the issue?

Never had this issue with any of my accounts. Sounds like someone is trying to get into your account.

I thought so, what would you recommend?

Edit: Do you stay logged in all the time?

[Pistachio]

Out of the blue I get LTC gear one time pass codes on my email, is it a glitch in the system or someone is trying to get into my account, is anyone else having the issue?

change your password ,use strong password

+1 for LTCgear and your email

Add a 2FA to your email if you don't already have one.

Edit: Better to not stay logged in.

[rhkazani1]

Out of the blue I get LTC gear one time pass codes on my email, is it a glitch in the system or someone is trying to get into my account, is anyone else having the issue?

change your password ,use strong password

+1 for LTCgear and your email

Add a 2FA to your email if you don't already have one.

Ok, then I am good, I have done all....thanks!

[david123]

I think you only get OTP-Mails if the entered password was correct. Either you had
a very very weak password that the bad boy could guess easily, or you have
some other security problem like a keylogger or whatever. I would be rather alerted..

[rhkazani1]

I think you only get OTP-Mails if the entered password was correct. Either you had
a very very weak password that the bad boy could guess easily, or you have
some other security problem like a keylogger or whatever. I would be rather alerted..

You can get the OTP emails with the wrong password as well right? I don't think password is that easy! I just hope i don't have a key-logger / rookit or some crap like that, i take all possible measures i could.....

[katsuro]

Anyone selling BlackFriday / Monday shares for a good price?
Is there another thread where shares are offered?

[Pistachio]

Anyone selling BlackFriday / Monday shares for a good price?
Is there another thread where shares are offered?

I think they're all gone. There are some good resellers with threads posted under https://bitcointalk.org/index.php?board=161.0 or https://bitcointalk.org/index.php?board=93.0.

[damiano]

Out of the blue I get LTC gear one time pass codes on my email, is it a glitch in the system or someone is trying to get into my account, is anyone else having the issue?

hack attempt probably,

change pw

[alienesb]

Out of the blue I get LTC gear one time pass codes on my email, is it a glitch in the system or someone is trying to get into my account, is anyone else having the issue?

hack attempt probably,

change pw

Yep you should change that sucker and make it complicated.