Review/Journal/ROI Calc of Litecoin GEAR (LTCGear) | LTC/DRK/VTC mining farm

[SasN1ggaXP]

That's great. Thanks for your reply!

[1714104420]

1714104420

[organizer]

A few have PM'd me on various forums about the preorder stuff and the calc. With all of the upcoming changes (VTC algo, Gen2 Multipool) combined with regular work and the holidays, i'm not planning on having anything in place for the calc to handle the preorder product.

Once we know how it's paying out (either 40% or 1:2.5) we'll all just have to manually convert the new products to qASIC values....

I'll have an updated post of all of the upcoming changes in the next couple days....

[organizer]

Ok, here's the list of upcoming changes for the calc:

Ok, here's the full breakdown for what's coming for the calc. Due to all of these recent announcements from Chris and things like the VTC switch. Here's my list if related issues/changes/updates to the calc site in the coming weeks:

Immediate Issues:
--------------------------

Regard Gen2 Pre-Orders
I will not be adding any mechanism to the calc for tracking the pre-order earnings. When we finally get the announced (and correct) payout for them, we'll all just need to figure out the formula for what a Gen2 Pre-Order Share is worth in terms of qASICs. When we all know what the payouts will be, i'll post a note with whatever formula you'd need to figure it out .

VTC Algo Switch
When it happens, it should be updated on the same day (depending on the timing and how much time that day I'll have). Worse case scenario would be that i'll do that update the following day. But we should be ready to go for the switch on the calc page. Now, on the ROI Tracker... there might be a few, unanticipated things that might affect the accuracy. But as always, i'll try to get those resolved if/when they come up.

The timing for this update is dependent on when Chris updates the final numbers for what the new power of DualMODs on VTC will be.

Upcoming Multiplication (Dec 24th)
Remember that you are responsible for updating your share count on your home page. The ROI tracker already has the mechanism to handle multiplications, so like last time, you don't need to change anything there. I'll post a note on the page when we're close to the date.

Obviously the timing of the multiplication is pretty bad (xmas eve), so I might not be able to make that update until the night of the 25th or maybe the 26th.

Gen 2 Shares
This will be a major addition to the back-end that i've already started working on. My goal is to have it in place for the calculator page when they come online (or shortly thereafter depending on when Chris tells us the final numbers and specific date to when they will be mining).

Initially it might function like the existing calculator, where you select which coin you are mining. BUT, I want to add a "Most Profitable" option that will switch the earnings estimates for you based on the most profitable coin for the week-to-date when you load the page. This will probably happen after they come online, but it's one of the things I really want to implement in January.


Other Features:
--------------------------

The Xardas Laziness Calculator
Once we get through all of these updates, I want to continue working on having the actual payouts displayed on the Calc on Fridays after Chris posts the farm payments... The plan is to have it display all-day Friday from when it's posted to the end of day. This way everyone can see what their actual payouts will be on Fridays (and i'll include the estimated numbers for the week as well, so you can see how accurate/inaccurate it was for the week).

Rewrite DRK estimate routines
This is still something I want to tackle, but all of these other changes are far more important. Will just stay on the "to-do list" for now...

There also have been a number of good, smaller suggestions that i'll look to implement after everything else is done.

[organizer]

In case you missed it:

Closure announcement:

Current affiliate system will be closed Mon Dec 15 at midnight (UTC). All registered referral rewards will be paid but no more referrals will be registered after this date.

Main reason; resources claimed by current affiliate system have negative impact on overall service performance, especially in support area but also in payment deadlines.

Moving to new generation product, new marketing strategy and adding new payment gateways are other reasons.
As discussed with a part of customers, the current affiliate percent will be maxed at 35% until closure.

In case you redirect customers to website, make sure they use correct affiliate link when accessing website since no more support is offered for affiliate system (one main reason to stop it). Make sure they don’t use another affiliate link after using yours since the new ID will overwrite your affiliate ID and referral will be registered under new ID.

And, this time it looks like he's gonna shut it down (at least in it's current form) for good. And I already got some PMs again... the Calc site will remain up and running regardless and i'll keep working on it for sure.

[Pistachio]

In case you missed it:

Closure announcement:

Current affiliate system will be closed Mon Dec 15 at midnight (UTC). All registered referral rewards will be paid but no more referrals will be registered after this date.

Main reason; resources claimed by current affiliate system have negative impact on overall service performance, especially in support area but also in payment deadlines.

Moving to new generation product, new marketing strategy and adding new payment gateways are other reasons.
As discussed with a part of customers, the current affiliate percent will be maxed at 35% until closure.

In case you redirect customers to website, make sure they use correct affiliate link when accessing website since no more support is offered for affiliate system (one main reason to stop it). Make sure they don’t use another affiliate link after using yours since the new ID will overwrite your affiliate ID and referral will be registered under new ID.

And, this time it looks like he's gonna shut it down (at least in it's current form) for good. And I already got some PMs again... the Calc site will remain up and running regardless and i'll keep working on it for sure.

This is good news, I have sent some BTC in the past to the donation link on the site. Maybe you can add a LTCgear username for accepting shares as donation? 

[cartorys]

In case you missed it:

Closure announcement:

Current affiliate system will be closed Mon Dec 15 at midnight (UTC). All registered referral rewards will be paid but no more referrals will be registered after this date.

Main reason; resources claimed by current affiliate system have negative impact on overall service performance, especially in support area but also in payment deadlines.

Moving to new generation product, new marketing strategy and adding new payment gateways are other reasons.
As discussed with a part of customers, the current affiliate percent will be maxed at 35% until closure.

In case you redirect customers to website, make sure they use correct affiliate link when accessing website since no more support is offered for affiliate system (one main reason to stop it). Make sure they don’t use another affiliate link after using yours since the new ID will overwrite your affiliate ID and referral will be registered under new ID.

And, this time it looks like he's gonna shut it down (at least in it's current form) for good. And I already got some PMs again... the Calc site will remain up and running regardless and i'll keep working on it for sure.

It looks like to me he's gonna end the whole thing this time... with this 35%... Hope i'm mistaken.

https://litecointalk.org/index.php?topic=22433.585

[fhh]

8% paying in BTC dicount is gone

[damiano]

If I buy a Gen 2 10 unit, will I get 13000kh/s Neoscrypt mining power? Because that makes alot(around 20$ a day).

yes you will get that power around the mid of January no exact date known until now
you will not get it NOW
so nobody knows what amount of $ you can out of it in 5-6 weeks when it may start hashing

The only issue I have with this is a possible delay of the chips. 

[organizer]

This is good news, I have sent some BTC in the past to the donation link on the site. Maybe you can add a LTCgear username for accepting shares as donation? 

Thanks! Oh, the username for tipping shares was there all along (username: ltcgearcalc)... it's on the "Support this Site" page (oddly, the least trafficked page on the site...  )

[organizer]

Regarding VTC, obviously the estimates will be off (for both the calc & the ROI Tracker) until Chris posts new numbers for them... he said sometime next week, so we'll have a few days of bad data.

[marthelo]

payouts yet?

[bitrev]

I got my VTC, waiting for BTC and LTC though.

[BATeller]

First BTC payment just came in (10:11pm EST 12/12/14)

[marthelo]

i luv ltcgear... paid 

[yan7181]

Received payment.
Anyone know the payout for the gen2 share?

[mullvads]

Received payment.
Anyone know the payout for the gen2 share?

12mh per 10 pack

[djm34]

Received payment.
Anyone know the payout for the gen2 share?

12mh per 10 pack

that's seems more logical than the 1:2.5 interpretation as the hardware hasn't been delivered yet...

[Fierce]

are gen 2 shares subject to multiplication?

[syclone]

are gen 2 shares subject to multiplication?

Hey it's Fierce, our favorite scammer.  Can't believe he still shows up here. 

[eugene2878]

are gen 2 shares subject to multiplication?

Hey it's Fierce, our favorite scammer.  Can't believe he still shows up here. 

Yep. He does not give a f**k.