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Author Topic: Review/Journal/ROI Calc of Litecoin GEAR (LTCGear) | LTC/DRK/VTC mining farm  (Read 70091 times)
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October 17, 2014, 02:56:01 PM
 #301

Yes the only login issue was human error on myside sry for the fud not my intention. adjusted the post to reflect that Wink
Old tired sneaky single malt my only excuses.

Chris was there to hold my hand and spelled it out so even i could understand unparalleled service.



Yeah, i wonder if he has any support staff or anything... he does a pretty good job if he's doing it all solo.
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October 17, 2014, 04:22:32 PM
 #302

Chris for pres!

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 17, 2014, 06:56:19 PM
 #303

Ok, so below are the results for the calculator based on the actual numbers Chris posted today for payouts... The cliff notes version is:

- All coin estimates are under 1% error, with the exception of DRK (which was 8% under estimated). Which means I might have tweaked one too many things, i have a couple little items I can revert back this week... but it also could just be the nature of the friggin coin.

- The only real payout issue is with VTC, the calc over-estimated by 5.98%... even though the coin estimate was pretty solid. The new calculations take the last price I capture for a mining week (Thursday night, before 00:00 GMT) and adjusts the full week by that. I had something like 0.000178 vs. Chris' 0.00017 ...  Now this might be related to Cryptsy's crash overnight, since I believe this is what Chris uses for the payout price (this is where I pull prices from too)... but I did look around and couldn't find any exchange that had it at 0.00017... maybe he just rounds down.. I dunno.

- The DRK price difference matches the estimation % error, so that's ok... we'll see what this week brings.

Otherwise, If I can get everything to perform at something like 1-3% error rate, i'd probably be ok with that... hopefully the VTC price issue is just this one time thing and might be Cryptsy related.

-----------------------

Coin Estimates vs. Actuals (Error)
LTC: 0.01955 / 0.01955602 (0.0307833598043%)
FTC: 2.36183 / 2.34416065 (0.75376019984%)
DRK: 0.09657 / 0.10534306 (-8.32808540022%)
VTC: 5.16733 / 5.13393581 (0.650459827233%)

BTC Estimates vs. Actuals (Error)
LTC: 0.000206 / 0.000203382608 (1.28693009975%)
FTC: No payment info posted
DRK: 0.000552 / 0.000600455442 (-8.06978147098%)
VTC: 0.000925 / 0.0008727690877 (5.98450529883%)
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October 17, 2014, 07:04:58 PM
 #304

LTC/VTC coming in!
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October 17, 2014, 09:08:52 PM
 #305

Well, now I'm more confused... BTC payments came in and compared to the calculator, this is what I got:

LTC Payment Error: 0.626378320883%
VTC Payment Error: 1.1080024614%

Now the difference in VTC is probably because of the 5% bonus (I guess he's still giving that on VTC)... maybe my math is off... my head hurts.
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October 18, 2014, 08:45:01 AM
 #306

I woke up to see the payout in my wallet, thanks again LTCgear!!  Cheesy
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October 18, 2014, 10:05:01 AM
 #307

I woke up to see the payout in my wallet, thanks again LTCgear!!  Cheesy

Haha why did you go to sleep early at the weekend ? The payout is very early yesterday.

Well, now I'm more confused... BTC payments came in and compared to the calculator, this is what I got:

LTC Payment Error: 0.626378320883%
VTC Payment Error: 1.1080024614%

Now the difference in VTC is probably because of the 5% bonus (I guess he's still giving that on VTC)... maybe my math is off... my head hurts.


I don't understand what do you mean with 5% VTC? My VTC payout is only off from 0.65% from your calc. Your calc give me 3255.420VTC while I get 3234.379VTC.
LTC is even more accurate. Only 0.004% off. What do you expect, man? You have done perfect already.
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October 18, 2014, 10:57:44 AM
 #308

I woke up to see the payout in my wallet, thanks again LTCgear!!  Cheesy

Haha why did you go to sleep early at the weekend ? The payout is very early yesterday.

Well, now I'm more confused... BTC payments came in and compared to the calculator, this is what I got:

LTC Payment Error: 0.626378320883%
VTC Payment Error: 1.1080024614%

Now the difference in VTC is probably because of the 5% bonus (I guess he's still giving that on VTC)... maybe my math is off... my head hurts.


I don't understand what do you mean with 5% VTC? My VTC payout is only off from 0.65% from your calc. Your calc give me 3255.420VTC while I get 3234.379VTC.
LTC is even more accurate. Only 0.004% off. What do you expect, man? You have done perfect already.

Still need to recover from last weekend in Amsterdam  Grin
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October 18, 2014, 11:05:55 AM
 #309

Well, now I'm more confused... BTC payments came in and compared to the calculator, this is what I got:

LTC Payment Error: 0.626378320883%
VTC Payment Error: 1.1080024614%

Now the difference in VTC is probably because of the 5% bonus (I guess he's still giving that on VTC)... maybe my math is off... my head hurts.

Organizer sir, you are doing an amazing job so far on the calc,
I appreciate all the time you put into the calculations Smiley
keep it up!
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October 18, 2014, 01:59:36 PM
 #310

I don't understand what do you mean with 5% VTC? My VTC payout is only off from 0.65% from your calc. Your calc give me 3255.420VTC while I get 3234.379VTC.
LTC is even more accurate. Only 0.004% off. What do you expect, man? You have done perfect already.

Well, the issue is really I think something I don't know if i can correct. The reason the VTC->BTC payments seem ok is because Chris pays out a 5% bonus on VTC-> BTC... which I don't take any bonuses into account... I guess technically the calc, if more accurate, would always be 5% under in BTC estimates, but accurate compared to payouts... it's not a huuuuge deal, but i'll be monitoring it and DRK some more.. but i'm working on an order/roi tracker thing that should be cool.

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October 18, 2014, 02:40:57 PM
 #311

Has anybody used the "convert to shares" option. If so, are you happy with the conversion over the payout?

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 18, 2014, 03:58:56 PM
 #312

Has anybody used the "convert to shares" option. If so, are you happy with the conversion over the payout?

You should go over litecointalk forum. People reported alot about convert to shares there.
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October 18, 2014, 06:40:18 PM
 #313

Has anybody used the "convert to shares" option. If so, are you happy with the conversion over the payout?

I just added the Shares Conversion to the calculator as well (thanks to some helpful members of Litecoin Talk who provided the #'s)... so you can see that along with BTC/USD estimates...
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October 18, 2014, 08:12:38 PM
 #314

Has anybody used the "convert to shares" option. If so, are you happy with the conversion over the payout?

I just added the Shares Conversion to the calculator as well (thanks to some helpful members of Litecoin Talk who provided the #'s)... so you can see that along with BTC/USD estimates...

Thank for you the feature update sir!!!  always appreciated Cool
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October 19, 2014, 12:25:46 AM
 #315

Still need to recover from last weekend in Amsterdam  Grin

Ahh, what a lovely city... the channels, the architecture, those colorful dragons flying everywhere... just beautiful Cheesy:D
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October 19, 2014, 11:05:42 PM
 #316

Another week... all payments received here... (keeps knocking on wood).
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October 20, 2014, 01:28:09 PM
 #317

Another week... all payments received here... (keeps knocking on wood).


Also knocking on wood. Smiley

ErikvanBreen
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October 20, 2014, 06:44:36 PM
 #318

Another week... all payments received here... (keeps knocking on wood).


Also knocking on wood. Smiley

I'm trying to knock on my wooden table, but its covered in money from LTCgear payouts  Cheesy Wink Tongue
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October 20, 2014, 09:15:00 PM
 #319

Another week... all payments received here... (keeps knocking on wood).


Also knocking on wood. Smiley

I'm trying to knock on my wooden table, but its covered in money from LTCgear payouts  Cheesy Wink Tongue

I thought your table was already covered in gold, Erik Wink
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October 20, 2014, 11:14:52 PM
 #320

Has there been any indication/rumours/made up info on what will happen when VTC changes Algo, apart from simply moving to DRK instead? 
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