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Author Topic: Review/Journal/ROI Calc of Litecoin GEAR (LTCGear) | LTC/DRK/VTC mining farm  (Read 70439 times)
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October 10, 2014, 01:01:18 PM
 #221

Well, as i've mentioned here many times and on the calc itself, the data on the calc is still a work in progress for the more volatile diff coins like DRK & FTC... which is why I didn't cite it. As posted before, new DRK estimating was implemented Mon, so part of the week probably won't be good but waiting to see payout page to see how this new method performed.

Go look back on your own, from like Aug-Mid Sept VTC returns were very nice and DRK were terrible.
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October 10, 2014, 01:43:50 PM
 #222

I was not aware that the qasic shares expire? do they??
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October 10, 2014, 02:07:50 PM
 #223

I was not aware that the qasic shares expire? do they??

Shares are a 1-year contract, there is a "TBD" maintenance fee that will happen at the end of the term... nothing is really known about it other than it might be 5%-20%ish.
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October 10, 2014, 03:29:00 PM
 #224

Well, as i've mentioned here many times and on the calc itself, the data on the calc is still a work in progress for the more volatile diff coins like DRK & FTC... which is why I didn't cite it. As posted before, new DRK estimating was implemented Mon, so part of the week probably won't be good but waiting to see payout page to see how this new method performed.

Go look back on your own, from like Aug-Mid Sept VTC returns were very nice and DRK were terrible.


I agree that the diff of DRK is pretty hard to track. No offense in my question at all, sorry if you do feel like this.
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October 10, 2014, 07:28:08 PM
 #225

I was not aware that the qasic shares expire? do they??

Shares are a 1-year contract, there is a "TBD" maintenance fee that will happen at the end of the term... nothing is really known about it other than it might be 5%-20%ish.


Is the 1 year based on the purchase date? If so, then would people that purchased the contract early on know what the fee will be before the people who recently came on board?

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POM
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October 10, 2014, 08:13:54 PM
 #226

Farm payments page is updated

 0.01924225 LTC / 7 days / 1 ASIC Share
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October 10, 2014, 08:32:23 PM
 #227

Farm payments page is updated

 0.01924225 LTC / 7 days / 1 ASIC Share

Payments take a while to go through right? I've selected to get my payment converted to shares and they remain the same
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October 10, 2014, 08:47:08 PM
 #228

Farm payments page is updated

 0.01924225 LTC / 7 days / 1 ASIC Share

Payments take a while to go through right? I've selected to get my payment converted to shares and they remain the same
BTC used to be on the last priority of the payout cycle before "convert to shares" option was introduced, but you should be getting the shares in a few hours Smiley
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October 10, 2014, 08:50:21 PM
 #229

Farm payments page is updated

 0.01924225 LTC / 7 days / 1 ASIC Share

Payments take a while to go through right? I've selected to get my payment converted to shares and they remain the same
BTC used to be on the last priority of the payout cycle before "convert to shares" option was introduced, but you should be getting the shares in a few hours Smiley

are we there yet?
are we there yet?
are we there yet?
are we there yet?
are we there yet?
are we there yet?
are we there yet?
are we there yet?

haha, j/k

Thanks mate
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October 10, 2014, 09:35:24 PM
 #230


Is the 1 year based on the purchase date? If so, then would people that purchased the contract early on know what the fee will be before the people who recently came on board?

As far as I know, no further info has been given on this... it's one of the things you'll just have to get used to with Chris... things come when they come...
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October 10, 2014, 10:02:52 PM
 #231

So, aside from really bad data for DRK on Monday (which I went in and just edited) which looks like things were being double calculated... here's how the estimates look:

Coin - Estimated/Actual/Difference

LTC  0.01936/0.01924/~ +.0.6218%
FTC  2.74512/2.75732/~ -.0.4434%
VTC  4.67789/4.63828/~ +.0.8503%
DRK  0.11028/0.11149/~ -1.09120%

For me, this is close enough for government work and a crypto-estimate... aside from some very minor tweaks that I made that i'll probably revert back to on LTC... I think i'm calling the estimate portion of things done for now, unless there's some real big calculation error that pops up.

So, I think i'll move onto the ROI tracker-thingy now.
POM
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October 10, 2014, 10:17:09 PM
 #232

So who is getting a VTC payout today? Smiley
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October 11, 2014, 12:04:25 AM
 #233

BTC Payout is IN. Grin
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October 11, 2014, 01:41:14 AM
 #234

8th payout in a row, without issue for me.
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October 11, 2014, 01:49:41 AM
 #235

their contact never replied to me. which is pretty red falg for me

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October 11, 2014, 02:36:50 AM
 #236

i received my btc payment already, 4th payment.

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October 11, 2014, 01:58:15 PM
 #237

their contact never replied to me. which is pretty red falg for me

Was it an account related issue or just some general-type question? My experience has been (I think i posted in the "cons" list) is that if you have an account related issue and use the contact form off the website is the most effective way to get a reply.. aside from payout days, if you send it early enough i've pretty much always gotten a reply...

Now, if it's a general type of question, i.e. "What does X do?", "Can I pay through PayPal"?, etc... you probably won't get a reply or if you do it'll be much later...

That's just how it's always worked apparently...
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October 11, 2014, 04:01:10 PM
 #238

Can anybody say what payment will I receive after purchasing 1K6X for example a day before the payout day? Something like 0.3xxx/7 BTC?
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October 11, 2014, 04:21:20 PM
 #239

Can anybody say what payment will I receive after purchasing 1K6X for example a day before the payout day? Something like 0.3xxx/7 BTC?

Well you can look at last week's Farm Payment page on the site, or you can use my calc below... which has some pre-populated data choices from dropdowns... but note that the BTC estimates on the calc are made daily, while the BTC conversion price seems to be set on payday, so while the per-coin estimates are pretty good, the BTC estimates can vary a bit... something i'll work on.

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October 11, 2014, 04:40:43 PM
 #240

Can anybody say what payment will I receive after purchasing 1K6X for example a day before the payout day? Something like 0.3xxx/7 BTC?

Well you can look at last week's Farm Payment page on the site, or you can use my calc below... which has some pre-populated data choices from dropdowns... but note that the BTC estimates on the calc are made daily, while the BTC conversion price seems to be set on payday, so while the per-coin estimates are pretty good, the BTC estimates can vary a bit... something i'll work on.



Ok, then do You have any idea why have I received 0.326xx BTC for one day (LTC mining)? Is it some mistake from ltcgear? It's not like I am against it  Grin, but...
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