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Author Topic: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, Not paying!!!  (Read 361292 times)
blackice2013
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December 06, 2014, 10:41:39 AM
 #1801

Lol.. bit confusing!!

But seems interesting  Shocked

Well yea.. a better explanation will be great..
What does it mean in LTC/BTC weekly ?

Thanks!
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dazz
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December 06, 2014, 10:48:38 AM
 #1802

Still no payment for me Sad

Got it set to LTC, last week got it no probs
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December 06, 2014, 10:53:46 AM
 #1803

I dont understand.. how many mhs will this 300$ product hash in the
meantime (befors the new chips)?


Did the statement not say   1/2     .5    of scrypt, but all squished uptight?
Thats how i read it anyway.
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December 06, 2014, 10:54:12 AM
 #1804

I wanted to purchase 1 share of the new Asic 2nd generation reservations but I guess I am too late. I noticed they have the 10 pack still available. Does anyone going to make more of the single shares available?  Thanks.  Lips sealed


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December 06, 2014, 10:56:02 AM
 #1805

I dont understand.. how many mhs will this 300$ product hash in the
meantime (befors the new chips)?

I think it means it will pay 30000 KH /2.5 which equals 12000 KH or 1.2 MH per 1 share

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December 06, 2014, 10:58:51 AM
 #1806

I liked my version better, but I am thinking you are right.
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December 06, 2014, 10:59:23 AM
 #1807

They should keep these new ASIC shares in stock for a while if the point is to raise money.

So, 12Mh of scrypt power for $300 until the final chip arrives?
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December 06, 2014, 11:02:43 AM
 #1808

I trust Chris, he has been awesome so I bought 4 10packs of whatever it is  Wink

I think you guys are on the right track.

Instead of choosing the raw performance path - this is where the industry has been going...
Chris has decided to go the highly configurable path - leverage newest algorithms -  be the first ASIC mining new coins and algorithms and then switch to the next newest etc...

He choose flexibility over raw performance - which means we all have DUAL MOD XXX when you buy qASIC 2's today or upgrade to them in the future.
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December 06, 2014, 11:09:33 AM
 #1809

I trust Chris, he has been awesome so I bought 4 10packs of whatever it is  Wink

I think you guys are on the right track.

Instead of choosing the raw performance path - this is where the industry has been going...
Chris has decided to go the highly configurable path - leverage newest algorithms -  be the first ASIC mining new coins and algorithms and then switch to the next newest etc...

He choose flexibility over raw performance - which means we all have DUAL MOD XXX when you buy qASIC 2's today or upgrade to them in the future.

His announcement made it sound like he was going to sell these new shares separately and maybe not go the upgrade route. qASIC shares are still profitable as is but upgrading would be nice.
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December 06, 2014, 11:25:16 AM
 #1810

Nothing to worry about, I'm pretty confident we'all get paid in the end, just abit delayed the usual

I hope you are right  Smiley , still waiting

Sikman and Pug, do you guys have Dual Mod or just ASICs?

Just qasic's at the moment I wanted the dual mods but kept missing out, too many ninja snipers about..

I also got paid out today so all good and can't wait for the new gen 2 product

PECULIUM                    [  PRIVATE SALE ~$2M PLEDGED ]
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[url=https://bitcointalk.org/index.php?topic=385
eugene2878
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December 06, 2014, 11:26:40 AM
 #1811

They should keep these new ASIC shares in stock for a while if the point is to raise money.

So, 12Mh of scrypt power for $300 until the final chip arrives?

Looks like ROI in 4 days.
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December 06, 2014, 11:33:06 AM
 #1812

no payout received yet
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December 06, 2014, 11:38:24 AM
 #1813

i bought the new 2nd gen pack or whatever it was called, not sure if i understand exactly what it is but i trust chris
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December 06, 2014, 11:41:52 AM
 #1814

no payout received yet

Bookmark this link :-

https://litecointalk.org/index.php?action=profile;area=showposts;u=15253
david123
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December 06, 2014, 12:00:02 PM
 #1815

hmm, 30$ for 1.2 MHs is a terrible price for the performance until the new chip arrives. So he asks for a lot of confidence in
advance. I'm quite satisfied with Chris, but I'm not happy with buying things I don't know yet what exactly they'll do
nor will I trust Chris blindly.

Also, there is one golden rule that the community should have learned during expensive
lessons: No preorders, no preorders, no preorders even if your grandma is the CEO.
This second gen is basically a preorder. So: No competition from my side if you try to
snap this 2nd gen product Wink
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December 06, 2014, 12:01:39 PM
 #1816

They should keep these new ASIC shares in stock for a while if the point is to raise money.

So, 12Mh of scrypt power for $300 until the final chip arrives?

Looks like ROI in 4 days.


guys 30000 * 2.5 = 75000 not 120000
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December 06, 2014, 12:05:42 PM
 #1817

no no,  1/2.5 = 0.4,  and 0.4*30 MHs is 12 MHs indeed. Very odd that he used
1/2.5 instead of 0.4, though..
dquancey
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December 06, 2014, 12:09:02 PM
 #1818

no no,  1/2.5 = 0.4,  and 0.4*30 MHs is 12 MHs indeed. Very odd that he used
1/2.5 instead of 0.4, though..

That makes no sense?

I read it that 1 share = x2.5 shares until chip release?

Therefore giving 7500 shares.
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December 06, 2014, 12:09:20 PM
 #1819

no no,  1/2.5 = 0.4,  and 0.4*30 MHs is 12 MHs indeed. Very odd that he used
1/2.5 instead of 0.4, though..

Ahh funny how we are all reading it differnt...

I read it as 1-2.5 *  so something between 1 and 2.5
karmala
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December 06, 2014, 12:10:26 PM
 #1820

no no,  1/2.5 = 0.4,  and 0.4*30 MHs is 12 MHs indeed. Very odd that he used
1/2.5 instead of 0.4, though..

Ahh funny how we are all reading it differnt...

I read it as 1-2.5 *  so something between 1 and 2.5

for me its a division sign. So, 0.4 * 30 indeed. I had it in checkout allready but this turned me down. 9.8$ mh is heavy but this is a pure pre-order then.

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