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Author Topic: Review/Journal/ROI Calc of Litecoin GEAR (LTCGear) | LTC/DRK/VTC mining farm  (Read 70003 times)
syclone
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November 10, 2014, 01:22:03 AM
 #561

Yeap, just replied to my email within 48-72 hours and paid me out in LTC.  Great dude!

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boy2k
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November 10, 2014, 12:06:17 PM
 #562

any news on the multi?
I'm guessing it will be later on tonight? Not sure what time it usually happens?
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November 10, 2014, 01:04:27 PM
 #563

any news on the multi?
I'm guessing it will be later on tonight? Not sure what time it usually happens?

There's never really a "usually happens" time with anything... Chris tends to move things around when necessary... but at least since i've been involved, they've always happened.
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November 10, 2014, 01:06:16 PM
 #564

any news on the multi?
I'm guessing it will be later on tonight? Not sure what time it usually happens?

There's never really a "usually happens" time with anything... Chris tends to move things around when necessary... but at least since i've been involved, they've always happened.


I figured as much just thought it was worth an ask Smiley
Fingers crossed for a nice % Cheesy
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November 10, 2014, 02:57:11 PM
 #565

Still not paid here but just realised my new LTC wallet address was copied in wrong. He should still send to my BTC instead though right?

Not if you have LTC selected as your coin payment... probably will have to mail him, but i would imagine it might take a day or two for a reply with the multiplication tomorrow.


Or it'll be added with next weeks payment Wink

Perhaps that is what will happen with my first weeks payment that didn't go out because I had "Scrypt-N" selected without the VTC address.  I now how BTC selected and the BTC addy.  3200 Shares.   I've emailed him explaining the situation and am patient to wait a week or so.

Glad this forum is not receiving any FUD like over at LTC forums


I dunno, I forgot to fill out an address for about 3 weeks (yes I am an idiot) and while Chris said I'd get the payment it never really happened and that was a month ago.  After I filled it in I got all the payments so so far I've been reasonably satisfied but if you didn't select the right thing I'm not sure the system always knows that it has to backpay you.

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November 10, 2014, 04:27:50 PM
 #566

Since I had a LTC address in, it got paid to it.  The shares I bought don't even mine VTC so I was good to go since I had a LTC addy.

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November 11, 2014, 02:41:04 PM
 #567

Am I wrong for getting a little paranoid about the time that the maintenance is taking to complete?  Was this the same for the last maintenance periods?
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November 11, 2014, 02:47:01 PM
 #568

Chris has delivered on every promise without exception for over a year. No need to worry.

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November 11, 2014, 04:14:22 PM
 #569

Approx. 19 hours last time
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November 11, 2014, 04:47:13 PM
 #570

ok - then it sounds like things are still inside of the established norm.  Thanks all for the info!
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November 11, 2014, 06:29:47 PM
 #571

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Maintenance, performing share multiplication, ETA around 22:00 UTC. Thank you for your understanding!
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November 12, 2014, 01:46:13 AM
 #572

done now

6th multiplication done

Hi,

The 6th multiplication is done. Based on Litecoin network difficulty variation over last one and a half month (from 33k to 41.5k) and available resources, multiplier factor was set to 1.25.

Kind Regards,
Chris

 nice and thank Chris
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November 12, 2014, 03:02:32 AM
 #573

Yep.. it's certainly a nice added bonus, eh?
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November 12, 2014, 03:19:18 PM
 #574

So, do we get paid for the first 5 or 6 days based on our old number of shares and only 1 or 2 days on the new number of shares? Or, could we be so lucky as to get paid for the entire week based on the new number of qASIC shares? (open question for anyone who might have some insight)
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November 12, 2014, 03:24:07 PM
 #575

So, do we get paid for the first 5 or 6 days based on our old number of shares and only 1 or 2 days on the new number of shares? Or, could we be so lucky as to get paid for the entire week based on the new number of qASIC shares? (open question for anyone who might have some insight)

AFAIK you will get credited with old shares until Monday, and with new shares from Tuesday to Thursday.
That means 4 days (old shares) + 3 days (old shares + multi shares + the new shares you might buy).

Someone corrects me ?
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November 12, 2014, 03:31:04 PM
 #576

With BTC on the rise and LTC at historic lows (in relation to BTC), what are people choosing for payouts? Is now a good time to take a couple payouts in LTC?
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November 12, 2014, 03:34:32 PM
 #577

With BTC on the rise and LTC at historic lows (in relation to BTC), what are people choosing for payouts? Is now a good time to take a couple payouts in LTC?

Well.... it depends on what type of faith you have in LTC to reverse it's course... me, not so much.. mostly i'm taking BTC, when VTC ends/switches algo, i'll take some partial payments in DRK just to build up a stash as it seems like there's still market interest in it...
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November 12, 2014, 04:46:08 PM
 #578

With BTC on the rise and LTC at historic lows (in relation to BTC), what are people choosing for payouts? Is now a good time to take a couple payouts in LTC?

Well.... it depends on what type of faith you have in LTC to reverse it's course... me, not so much.. mostly i'm taking BTC, when VTC ends/switches algo, i'll take some partial payments in DRK just to build up a stash as it seems like there's still market interest in it...

Don't you think litecoin will go up? Also what is the last day we can switch coin choice?

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

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November 12, 2014, 09:10:54 PM
 #579

im 50/50 drk/btc
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November 13, 2014, 01:36:29 PM
 #580

Don't you think litecoin will go up? Also what is the last day we can switch coin choice?

Personally, I have doubts about LTC... I think they were smart to mostly "sit out" the alt-coin boom and not chase every feature that was coming out.. i.e. POS, etc.

But, it still seems in general (at least from an outsider point of view), they are still happy with just trying to be the "silver to bitcoin's gold"... the development track just seems to be to follow the incremental changes that bitcoin makes...

While conceptually the approach is ok, LTC just hasn't been following BTC in terms of investment and adoption... I don't follow BTC news like a hawk, maybe just check in once a day to see if anything major is going on... What i've seen consistently is VC investment in BTC projects, merchant adoption, etc... I just don't see much if any of that happening with LTC...

The only coins i'm interested in long-term right now are, of course, BTC & DRK as my speculative one. I have a sentimental attachment to DRK as I was mining it pretty early on, plus I just think the dev seems like a straight shooter...  while the anonymous coin thing has come and gone in terms of significant hype, I do think that as BTC continues to go more mainstream, there will be demand for another coin in the "dark markets" looking for something that isn't being watched as closely as BTC will be... I have no idea if DRK will be THE ONE... but I think it's good speculative coin.

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