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Author Topic: Review/Journal/ROI Calc of Litecoin GEAR (LTCGear) | LTC/DRK/VTC mining farm  (Read 70997 times)
organizer (OP)
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October 05, 2014, 12:08:36 PM
 #161

Thanks! I've got a few more features in mind that i'm working on (including dialing in the daily estimates a bit more, mostly on DRK at this point)...

The next big thing is to try to create some charts to compare LTC Gear vs. other services on a per-dollar spent basis... but i'm just in the beginning part of that so maybe in a week or so...

ErikvanBreen
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October 05, 2014, 03:25:11 PM
 #162

Thanks! I've got a few more features in mind that i'm working on (including dialing in the daily estimates a bit more, mostly on DRK at this point)...

The next big thing is to try to create some charts to compare LTC Gear vs. other services on a per-dollar spent basis... but i'm just in the beginning part of that so maybe in a week or so...


Comparing would be nice but we all know who the winner is  Cheesy LTCgear
POM
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October 05, 2014, 06:15:55 PM
 #163

My modifier friends, which coin are you currently mining? DRK or VTC???

it seems like vert is more profitable out of the two but the price is slumping..correct me if im wrong
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October 05, 2014, 11:28:30 PM
 #164

My modifier friends, which coin are you currently mining? DRK or VTC???

it seems like vert is more profitable out of the two but the price is slumping..correct me if im wrong

I'm still on VTC... especially until I get the calc's DRK estimates to be better... which hopefully will be tomorrow...

Some folks are also getting paid in VTC in expectation of a runup after the algo switch at the end of Nov... which might not be a bad idea, but for now i'm just sticking w/ VTC to BTC...
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October 06, 2014, 01:39:39 PM
 #165

If "Convert to shares" is selected on Referral payment, how many shares does that convert to per ASIC share1K6X – Anniversary signup?

Is it better to accept "Pay in BTC"? Just wondering what everyone has experienced so far.

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October 06, 2014, 02:52:00 PM
 #166

My modifier friends, which coin are you currently mining? DRK or VTC???

it seems like vert is more profitable out of the two but the price is slumping..correct me if im wrong

I'm still on VTC... especially until I get the calc's DRK estimates to be better... which hopefully will be tomorrow...

Some folks are also getting paid in VTC in expectation of a runup after the algo switch at the end of Nov... which might not be a bad idea, but for now i'm just sticking w/ VTC to BTC...

Meh, ok I changed over to DRK... can't not do it at this point with at least how DRK is performing right now...


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October 06, 2014, 02:54:32 PM
 #167

If "Convert to shares" is selected on Referral payment, how many shares does that convert to per ASIC share1K6X – Anniversary signup?

Is it better to accept "Pay in BTC"? Just wondering what everyone has experienced so far.

I don't know that there's a correct answer to this... if you convert to shares, you're getting the price of ~$4.5 per MHs... and those shares would get multiplication benefits, but obviously their value still degrades over time... with BTC payment, you're at the mercy of the BTC price on the time of payment...which obviously could go either way...

wlefever
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October 06, 2014, 03:43:02 PM
 #168

My modifier friends, which coin are you currently mining? DRK or VTC???

it seems like vert is more profitable out of the two but the price is slumping..correct me if im wrong

I'm still on VTC... especially until I get the calc's DRK estimates to be better... which hopefully will be tomorrow...

Some folks are also getting paid in VTC in expectation of a runup after the algo switch at the end of Nov... which might not be a bad idea, but for now i'm just sticking w/ VTC to BTC...

Meh, ok I changed over to DRK... can't not do it at this point with at least how DRK is performing right now...




With that being said, can you change MOD to DRK and still get paid in BTC? If so how

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October 06, 2014, 04:17:00 PM
 #169

Other than emptying Scrypt-N address since one of his announcements said to fill out all address fields.

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October 06, 2014, 09:20:06 PM
 #170


With that being said, can you change MOD to DRK and still get paid in BTC? If so how

No, for now you can't (I actually had the same question and submitted a ticket). Even if you select X11 from the drop down but fill in a BTC address the system will be on VTC... he did say that it might "change" ... which in Bee's world could be next week or next year....

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October 06, 2014, 09:45:59 PM
 #171


With that being said, can you change MOD to DRK and still get paid in BTC? If so how

No, for now you can't (I actually had the same question and submitted a ticket). Even if you select X11 from the drop down but fill in a BTC address the system will be on VTC... he did say that it might "change" ... which in Bee's world could be next week or next year....



So how are you mining MOD with DRK and getting a BTC payout? I had no problem with my payout last week based on MOD mining VTC and paid in BTC, but I noticed DRK being more profitable so far on your calculator....Just trying to maximize profits!

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October 06, 2014, 10:05:59 PM
 #172

So how are you mining MOD with DRK and getting a BTC payout? I had no problem with my payout last week based on MOD mining VTC and paid in BTC, but I noticed DRK being more profitable so far on your calculator....Just trying to maximize profits!

ohhh first, take note of my updates on the calc!! the DRK estimates haven't been that good.... there's a new process running now.. I think starting today they should be way more accurate (i basically scrapped the old method)... the issue was the low-ish amount of samples I was running compared to how dramatically the diff was swinging was resulting in some poor estimates....  but i've been posting that on the calc and in posts for a while!

But i'm not going to get paid in BTC for switching to DRK... this week i'll expect to get DRK.. which i'm ok with... it's a trial run for me to see how it pays out... plus I like DRK... I might mine it for a week or two and i'm considering to maybe switch back to VTC and get paid in it for a couple weeks as well... in the hopes that maybe it runs after the algo switch at the end of Nov.
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October 06, 2014, 10:17:12 PM
 #173

With that said though... at least using today as the first measure, the new methodolgy for both FTC and DRK are running very close to what CoinWarz is delivering for a 24hour estimate...
funktrust
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October 07, 2014, 03:28:33 AM
 #174

Anyone know when the next mining shares will be credited?
tom99
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October 07, 2014, 03:37:13 AM
 #175

Anyone know when the next mining shares will be credited?


   what did you mean credit or u meant multiplication Nov 5?
funktrust
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October 07, 2014, 03:44:41 AM
 #176

Yea sorry I mean when they multiply our shares by 1.34x
tom99
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October 07, 2014, 03:45:40 AM
 #177

Yea sorry I mean when they multiply our shares by 1.34x

    Next one is Nov. 5,2014.
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October 07, 2014, 12:57:01 PM
 #178

Yea sorry I mean when they multiply our shares by 1.34x

    Next one is Nov. 5,2014.

The date is exact, but the multiplicator still isn't decided, isn't it ?
ErikvanBreen
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October 07, 2014, 02:40:51 PM
 #179

Yea sorry I mean when they multiply our shares by 1.34x

    Next one is Nov. 5,2014.

The date is exact, but the multiplicator still isn't decided, isn't it ?

Exactly, it depends on how much the difficulty increased compared to September 26
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October 07, 2014, 04:27:28 PM
 #180

Yea sorry I mean when they multiply our shares by 1.34x

    Next one is Nov. 5,2014.

The date is exact, but the multiplicator still isn't decided, isn't it ?

Exactly, it depends on how much the difficulty increased compared to September 26

I reckon about 1.5 because the diff of LTC will be madness next time. LOL
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