Many negative reports about sha contracts. I bought 2 scrypt contrtacts, payed 0,33btc and earned after 4 days 0,18.
What did I do special? Nothing, just mining POT and selling to the highest bidder.
Can anyone report own experience with your scrypt contracts, especially if it differs from my?
They are in Beta stage and these are negative aspects currently (speaking only for myself):
- Contracts are not rentable
- Misleading info. When you buy contract, you can see that it is tradeable, but contract market is "Contract Trading Coming Soon".
- On contract details and FAQ, there is no word about renting. Currently renting of own contracts is not possible. In my case, I bought them to rent, which was not possible
- Hashrate: I read some reports about unstable hashrate. I got 200%-1000% of purchased, which could mean that I got hashrate from someone else, but does not mean that I did not get this hashrate from unsold contracts. Mintsy never replied with an explanation what is going on with their hashrate and how much does everybody get. I can confirm that their shown hashrate is wrong. I rent my own rigs there and I've set cgmonitor which actually always shows correct hashrate. If I look at the hashrate of my miner, it shows correct hashrate, looking at the hashrate my renter got, it shows 300%. This is a big mess, especially because renter and rig owner do not have possibility to communicate and refunds are initiated 24hours after the rent is over, which is for crypto, especially for altcoins, it's very long time
There are many cloud services around which are 100% not legit. Until now, Mintsy is far from being accused as a scam, it's just a beta system of an unfinished code.
It's nice to see that someone tries (Mintsy) to create an transparent and legit service and it's great that Vern supports this idea, but whoever is running and developing mintsy, please hire some experienced devs to help your active dev/devs, it's obvious that they are overloaded or there is a problem they are not able to solve by themself, get a good project manager and hire additional devs to pass testing phase.
Thanks for your comments, I concur with most of it.
Pot that profitable though? Still figuring the math on that
*** I don't see 2 scrypt contracts totalling that little, did you have coupon code? Given how low my hashrate has been, I can see someone having the opposite luck.
I was not going for most profitable coin, I was going for most stable pool. Mining LTC gave me exact hashrate that I bought, POT showed much more, 50Mh contracts were mining with 200-300Mh in last couple of days, which is 400-600%. Taking this in maths would maybe explain how I actually have already 70% of my ROI.
As I was renting there too, I have multiple tickets regarding hashrate, where for the renter it is shown almost double higher then the real one, mining on external pool shows (in most cases
) "real" hashrate, but it depends still on the pool, there are some pools which Mintsy also shows in double rate, for me it really looks like a bug. Ie, if you make 2 workers, each 1Mh, in sum 2Mh, then you create a new worker and use it's pool for your 2Mh to mine on some pool, their system would show your total hashrate sum 4Mh, would it be correct from a system to recognise that it is 2Mh or is it ok to assume 4Mh? Knowing this fact I was curios if it is the same bug or do I really get so much. According to my contributed shares on mintsy, 400-600% are correct, giving the amount of POT like if I would mine with 200-300Mh.
It would be interesting to find out if they add their own hashrate or is it an uncontroled bug where some of the customers hashrate counts to another account. Maybe some transparency regarding this question would be nice from Mintsy.
I hope that there are no/not many mintsy customers who lost their hashrate, I am really sorry you got unlucky, but I do not think it has anything with luck to do, it's beta system and there are some glitches.
EDIT: No I did not use coupon code, I was asking them multiple times to give me some as I wanted to test their system but had to pay full price.
*** I don't see 2 scrypt contracts totalling that little,...?
10Mh costs $ 59, in moment I bought it 54 €