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Author Topic: Review/Journal/ROI Calc of Litecoin GEAR (LTCGear) | LTC/DRK/VTC mining farm  (Read 70080 times)
buuhh99
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October 11, 2014, 05:19:04 PM
 #241

Did anyone else get a fifth share multiplication? I did not. I got the 4th but not the fifth.
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ErikvanBreen
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October 11, 2014, 05:40:16 PM
 #242

Did anyone else get a fifth share multiplication? I did not. I got the 4th but not the fifth.

The 5th shares multiplication was on September 26th, did you already have the shares back then? All shares should have been multiplicated back then so I don't think you can miss out on it...
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October 11, 2014, 07:10:02 PM
 #243

Did anyone else get a fifth share multiplication? I did not. I got the 4th but not the fifth.

The latest was the fifth apparently, but he just called it some places the 4th multiplication and the 5th in other places... it's details like this that you'll just learn to live wtih...

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October 11, 2014, 07:10:38 PM
 #244

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...

If you buy shares up to the day before payouts, you get credit for the full week of mining.
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October 11, 2014, 09:58:05 PM
 #245

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...

If you buy shares up to the day before payouts, you get credit for the full week of mining.

Well... some kind of FAQ need to be done. There're lot of nuances.
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October 12, 2014, 06:13:16 AM
 #246

if you got overpaid and you want to give some shares away you can transfer them to Fierce, Thank you  Grin

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http://ltcgear.com?apage=259ltcgear.com/?apage=259
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October 12, 2014, 03:16:45 PM
 #247

Ok, I am going to adjust the BTC calculations throughout the week to be more inline with what you get on paydays vs. showing what you would get if you were selling those coins throughout the week....

You can read more about it here:
https://litecointalk.org/index.php?topic=22417.msg212203#msg212203
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October 13, 2014, 12:18:44 AM
 #248

A few of the rare Tricoin packs are available... though probably not as good a value as the M10 + either the anniversary pack or the 830x if you can ever find those...
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October 13, 2014, 12:58:53 AM
 #249

A few of the rare Tricoin packs are available... though probably not as good a value as the M10 + either the anniversary pack or the 830x if you can ever find those...

Yeah doesn't seem like THAT great of a deal for the Tricoin pack.  It looks like VTC has taken back over as more profitable than DRK at the moment according to your calculator.
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October 13, 2014, 01:25:34 AM
 #250

   yes, nice to mine VTC and dev for vtc happy now for now that Titan wont be able to mine vtc or no support for scrypt-N.
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October 13, 2014, 02:17:42 AM
 #251

   yes, nice to mine VTC and dev for vtc happy now for now that Titan wont be able to mine vtc or no support for scrypt-N.

Where did you see that?
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October 13, 2014, 02:31:00 AM
 #252

   yes, nice to mine VTC and dev for vtc happy now for now that Titan wont be able to mine vtc or no support for scrypt-N.
Link?
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October 13, 2014, 03:17:25 AM
 #253

Anyone done any rough calculations on ROI for a brand new 1600 qASIC (with the coupon & 8% discount) & then choosing the Convert to Shares payment option?  Should bring it down a good few weeks I imagine?
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October 13, 2014, 05:15:35 AM
 #254

   yes, nice to mine VTC and dev for vtc happy now for now that Titan wont be able to mine vtc or no support for scrypt-N.

Where did you see that?

  you can check out at KNC forum also on home of KNC remove scrypt-N.
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October 13, 2014, 01:41:02 PM
 #255

2 questions:
Firstly, how long does it take to receive shares from a referral? I signed up my friend yesterday for a 1600pack. It shows a pending referral payment but how long does that take to come?

Second question, is there any benefit to purchase a tricoin mod or something like that. It says you get an additional 630 shares and I understand i have the ability to mine another coin but is that more profitable than purchasing a 1600 pack of shares? So for example if I can buy a tricoin mod or a 1600 shares which should I buy in terms of profitability?

Any insight much appreciated!  Smiley

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

http://ltcgear.com?apage=259ltcgear.com/?apage=259
AizenSou
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October 13, 2014, 02:40:00 PM
 #256


If you buy shares up to the day before payouts, you get credit for the full week of mining.


It depends on when Chris does the snapshot. In my case there was once that I received payment for the full week, but another one only for 2 days.

2 questions:
Firstly, how long does it take to receive shares from a referral? I signed up my friend yesterday for a 1600pack. It shows a pending referral payment but how long does that take to come?

Second question, is there any benefit to purchase a tricoin mod or something like that. It says you get an additional 630 shares and I understand i have the ability to mine another coin but is that more profitable than purchasing a 1600 pack of shares? So for example if I can buy a tricoin mod or a 1600 shares which should I buy in terms of profitability?

Any insight much appreciated!  Smiley

1. Referral was paid on Sunday night.
2. Tricoin mod is simply qASICs share (only 63mhs) + dualMOD. So you could mine DRK/VTC directly without any others qASICs shares like in case of DualMOD alone.
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October 13, 2014, 03:14:33 PM
 #257

2 questions:
Firstly, how long does it take to receive shares from a referral? I signed up my friend yesterday for a 1600pack. It shows a pending referral payment but how long does that take to come?

Second question, is there any benefit to purchase a tricoin mod or something like that. It says you get an additional 630 shares and I understand i have the ability to mine another coin but is that more profitable than purchasing a 1600 pack of shares? So for example if I can buy a tricoin mod or a 1600 shares which should I buy in terms of profitability?

Any insight much appreciated!  Smiley

You'll probably get the referral in the next payout.. (presumably next Sunday)... they are on a slightly different timeframe than the mining week.. but we're up to either 3 or 4 affiliate payments, so i wouldn't sweat it, you'll get paid.
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October 13, 2014, 03:15:32 PM
 #258

For fun:

https://ltcgearcalc.com/hashlets-vs-ltcgear.php

See how far a dollar goes...   Cheesy
Fierce
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October 13, 2014, 07:38:43 PM
 #259

How long has LTC Gear offered cloud mining? I know they have been around about a year, but when did they enter the cloud industry?

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

http://ltcgear.com?apage=259ltcgear.com/?apage=259
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October 13, 2014, 07:56:07 PM
 #260

How long has LTC Gear offered cloud mining? I know they have been around about a year, but when did they enter the cloud industry?

I don't think it's cloud in the same sense as other people are calling their services "the cloud"... you're really buying shares of a mining farm...

It might have been as early as Feb/March as he was selling shares of the FPGA farm... then (again if i remember right) his first batch of chips came in around April... I think he has been offering shares since around that timeframe... Farmshares (F$) I think... there were also Hardware Shares... which again, I think, was a deal for people who bought his original product...

I started following it more closely in May/June and was talking to people off and on especially when he started delivering Scrypt-N / X11 based products...
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