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Author Topic: Review/Journal/ROI Calc of Litecoin GEAR (LTCGear) | LTC/DRK/VTC mining farm  (Read 70077 times)
organizer
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December 18, 2014, 03:22:53 AM
 #1001

Organizer, not sure if you saw it but he changed up a small bit on the Dual MODs:

"If your account contains Dual MODs and BTC is chosen as payment method, the Dual MODs mode will be set to most profitable coin minable with MODs, which will be converted to BTC with 5% extra over day average at Cryptsy and payment will be sent to SHA-256 address (only if SHA-256 address is filled).
If your account contains Dual MODs and LTC is chosen as payment method, the Dual MODs mode will be set to most profitable coin minable with MODs, which will be converted to BTC with 5% extra over day average at Cryptsy, then to LTC and payment will be sent to Scrypt address (requires to have a Litecoin address)."

So no need to pick which coin to mine it pays out the most profitable.  This may change your calc some.

Well, I think we still don't know what their mining power is for Lyra though, which is what I need more than anything...
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cartorys
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December 18, 2014, 11:21:21 AM
 #1002

Have anyone received referral payout?
djm34
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December 18, 2014, 11:28:33 AM
 #1003

Have anyone received referral payout?
didn't receive it.. actually received 0.1 btc (? wasn't my referal) and my account was in lockdown (even though I didn't change anything)

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BTC: 1NENYmxwZGHsKFmyjTc5WferTn5VTFb7Ze
Pledge for neoscrypt ccminer to that address: 16UoC4DmTz2pvhFvcfTQrzkPTrXkWijzXw
mm5aes
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December 18, 2014, 12:00:59 PM
 #1004

Have anyone received referral payout?
Just got share payout from referrals.

Now job in IT? Try http://techwork.uk/
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December 18, 2014, 12:15:12 PM
 #1005

Have anyone received referral payout?
Just got share payout from referrals.
After lockdown was disabled? Mine's still 2 hr to go.
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December 18, 2014, 12:20:55 PM
 #1006

Have anyone received referral payout?
Just got share payout from referrals.
After lockdown was disabled? Mine's still 2 hr to go.
My 24 hour lockdown has finished. Payout is only for referrals up till the 10th.

Now job in IT? Try http://techwork.uk/
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December 18, 2014, 12:30:52 PM
 #1007

Have anyone received referral payout?
Just got share payout from referrals.
After lockdown was disabled? Mine's still 2 hr to go.
My 24 hour lockdown has finished.
What do u mean  "Payout is only for referrals up till the 10th."?
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December 18, 2014, 12:47:29 PM
 #1008

only for the referrals from 4th to 10th December
those for 11th till 17th will follow next Monday or maybe a few days later


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December 18, 2014, 12:52:23 PM
 #1009

only for the referrals from 4th to 10th December
those for 11th till 17th will follow next Monday or maybe a few days later


makes sense with what I got

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BTC: 1NENYmxwZGHsKFmyjTc5WferTn5VTFb7Ze
Pledge for neoscrypt ccminer to that address: 16UoC4DmTz2pvhFvcfTQrzkPTrXkWijzXw
organizer
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December 18, 2014, 08:49:22 PM
 #1010

Have anyone received referral payout?

I too am still waiting, hopefully all payment stuff will be resolved today!
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December 19, 2014, 06:03:38 PM
 #1011

New coupon code posted in case anyone missed it.

"For a proper goodbye, a one day limited usage coupon is issued, “goodbyereferralsystem”, with 49% discount rate. Since coupon is limited in usage, please do not use it unless you plan to buy something."
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December 19, 2014, 07:12:17 PM
 #1012

New coupon code posted in case anyone missed it.

"For a proper goodbye, a one day limited usage coupon is issued, “goodbyereferralsystem”, with 49% discount rate. Since coupon is limited in usage, please do not use it unless you plan to buy something."
ffs... just before payday. This smells so bad...
There'are not even calculations for today in Farm Payments.
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December 19, 2014, 07:26:31 PM
 #1013

New coupon code posted in case anyone missed it.

"For a proper goodbye, a one day limited usage coupon is issued, “goodbyereferralsystem”, with 49% discount rate. Since coupon is limited in usage, please do not use it unless you plan to buy something."
ffs... just before payday. This smells so bad...
There'are not even calculations for today in Farm Payments.

This is very true. I don't mean to give a blanket endorsement for buying more shares. There are people reporting 100+BTC still missing from last week's payments. This is a very risky time to invest. You are basically betting on LTCgear being a legit company despite the short falls over the past few weeks. Over at ltcgearcalc.com, it reports a 29 day ROI with this deal and even a 19 day ROI if the shares happen to count for this week's payout.
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December 19, 2014, 07:33:01 PM
 #1014

Or production cost of his shares is <1$/Mh and Chris is leading us by the nose by selling more and more profitable products every time we think "it cant be more cheaper"...
Even if this is true, we cant even compare cs I doubt some other mining hardware developers will ever reveal the actual prod. cost or how much do they gain by selling us hardware.
Yet, if...
organizer
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December 19, 2014, 10:53:37 PM
 #1015

I would agree to the above statement that, at this moment, it's pretty risky to buy more... at least in my opinion. We have the following:

- Missing payments from last week still being reported (with a couple of claims from payments missing from a couple weeks)
- Missing affiliate payments from this week being reported
- No update or replies from Chris on these issues

I too am waiting on an affiliate payment, though nothing in my account was changed and nothing on lockdown. Also have sent an email asking for an update, no reply.

For me, I wouldn't consider anything until Chris gets back on track and we have a few uneventful weeks without major issue.
eugene2878
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December 20, 2014, 12:31:41 AM
 #1016

I would agree to the above statement that, at this moment, it's pretty risky to buy more... at least in my opinion. We have the following:

- Missing payments from last week still being reported (with a couple of claims from payments missing from a couple weeks)
- Missing affiliate payments from this week being reported
- No update or replies from Chris on these issues

I too am waiting on an affiliate payment, though nothing in my account was changed and nothing on lockdown. Also have sent an email asking for an update, no reply.

For me, I wouldn't consider anything until Chris gets back on track and we have a few uneventful weeks without major issue.


And now he is delaying payments for everyone. For 24 hours.
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December 20, 2014, 04:34:44 PM
 #1017

If i split the cost of a gen2 purchase with a friend how do we transfer the gen2 shares from his account to mine???

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http://ltcgear.com?apage=259ltcgear.com/?apage=259
djm34
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December 20, 2014, 04:40:53 PM
 #1018

If i split the cost of a gen2 purchase with a friend how do we transfer the gen2 shares from his account to mine???
send him 3 btc and hope for the best

(not sure it is really a good time to buy... tbh...)

djm34 facebook page
BTC: 1NENYmxwZGHsKFmyjTc5WferTn5VTFb7Ze
Pledge for neoscrypt ccminer to that address: 16UoC4DmTz2pvhFvcfTQrzkPTrXkWijzXw
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December 20, 2014, 05:29:59 PM
 #1019

If i split the cost of a gen2 purchase with a friend how do we transfer the gen2 shares from his account to mine???
send him 3 btc and hope for the best

(not sure it is really a good time to buy... tbh...)

They are $295 less 49%, but iis there the ability to transfer gen2 shares or only asic?

Supercoin (SUPER) The Only REAL Anonymous Coin with multi sig tech. No other altcoin can compete

http://ltcgear.com?apage=259ltcgear.com/?apage=259
syclone
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December 21, 2014, 02:51:00 AM
 #1020

Like djm34 said... send me my 3btc first and I'll show you how.   Grin

Can't transfer gen2's yet.

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