Topic: [Cryptostocks] Big Cactus Mine - Preview & Review of Mine-shares - page 2. (Read 5110 times)

To promote his project and allow it to start faster? That worked quite well for Autotrade.

I should laugh at you for losing money to neobee then

omg. this is going to be sooo funny. your going to lose your money. you can try and defend this fraud as much as you like, but all the writing is on the wall. he gave you "bonus" investment?! ahahahaa you absolute fool. why give away a free bonus if he can perform? lololololololololol

Because he trolled in your Peta-Mine thread, you feel the need to troll in his?
How very mature of you

A diversified mining investment fund managed by a trader who do legit analysis of securities is a good idea, which could be quite lucrative long-term.
Time will prove if this will be successful or not, but I believe this is worth risking 1% of my portfolio, at least for shits and giggles.
(Actually made 25% back on my investment because of the 2 BTC bonus to early shareholders, +10% more if you factor in the increase in share price. Quite happy with that.)

share price cant drop. these idiots are stuck in at the price they purchased at because they cant sell. stupid investors couldnt see a scam from a mile away. LOLOLOLOLOLOLOLOLOL

Confirmed how? Trolling on the peta-mine thread to get better prices does not mean he's a scammer.

-Devil advocate.

your asuming this peice of shit doesn't run away with everyones money, which is allot more likely as he has absolutely zero understanding of the mining industry

and axa? whos that?! they only have two posts as a newbie member. you just copied some other guys work? jesus christ your the bottom of the barrel. and your investors are even stupider than you.

i love how your investors can't sell there shares. stuck with the stupidest decision they will ever make for life, well, until you run off with there money. and your dividends are a joke, would take like 10 years to break even!! or your dividends are drying up because so are your investors, and your just pumping there money back in to pay for dividends.

AHAHAHAAHAAHAHAAA

Review Scryptsmining

It is a new company that mines litecoin and other scrypt coins using 1600 Gridseed ASIC miners. The company sells shares of their mining operation on cryptostocks.com allowing anyone to participate in mining scrypt ASIC coins with a minimal investment. The mining operation uses pool switching to ensure the most profitable scrypt coin is always being mined, and mining statistics are updated regularly.

The Gridseed miner is the first scrypt ASIC miner on the market and hashes at 350 kh/sec while drawing only 5 watts of electricity. Compared to scrypt ASICs expected to deliver this summer the Gridseed miners are not as efficient, but they are available now.

Gridseed miners are available from serveral outlets like zoomhash.com and Hash Master Technology for miners who want to build their own Gridseed mining rigs. Scryptsmining.com allows new miners to begin mining scrypt coins right away without building and maintaining a mining rig, and at a lower cost per kH/sec of mining power compared to a home brewed miner.


Company Details and Estimated Income

The Scryptsmining.com website lists these particulars and estimated income:
IPO price is 0.04 BTC per share, 1 Megahash of scrypt mining equals to 0.8 BTC
Our average BTC per DAY per 1 MH/S is 0.00754 BTC
Our average BTC/DAY per share is 0.000377 BTC
Estimated Return on Investment is 8.34% a week.
Average monthly profitability against LTC is 125%-135%
Dividends are paid weekly in bitcoin every Tuesday.
A prospective miner can invest in Scryptsmining.com by creating an account at cryptostocks.com. After funding your account with bitcoin the minimum investment in Scryptsmining.com (ticker: SCRYPT) is .04 BTC which buys you one share providing 50 kH/sec of hashing power. Every Tuesday 92% of profits are paid to shareholders with 8% being held to cover electricity and maintenance costs.


Scryptsmining.com compared to GPU Mining

Building your own four card GPU litecoin miner using R9 270 video cards would cost you about $1100 and provide 2000 kH/sec mining power. The mining rig will be very noisy, generate a lot of heat and increase your electric bill by about $75 a month.

Buying shares in Scryptsmining.com equivalent to your GPU miner would cost you 1.6 BTC for 2000 kH/sec of hashing power, about $770 at today's bitcoin price of $480. So compared to building your own mining rig shares at Scryptsmining.com are 30% cheaper with no hassle, noise or high electric bills.


Building your own Gridseed Miner vs. Buying Scryptsmining.com Shares

The best retail price we have seen for Gridseed miners is at zoomhash.com. They provide everything you need to make a nominal 3200 kH/sec ten Gridseed mining rig for $1999.

Purchasing 3200 kH/sec hashing power from Scryptsmining.com would require you to buy 64 shares and cost 2.56 BTC or $1230, almost 40% less than building your own 10 unit Gridseed miner (and avoiding the hassle.)

Since Scryptsmining.com sells Gridseeds wholesale for only $135 (minimum order 500) they have negotiated quantity discount prices with the manufacturer, explaining their very competitive kH/sec pricing compared to building your own Gridseed miner.

Gridseed has also just started shipping Gridseed Blade Miners available from MinerEU.com or gawminers.com. The $3000 80 chip Blade Miner will provide 5.2 mH/sec scrypt mining power at 140 watts power consumption. The same 5.2 mH/sec hashing power would only cost 4.16 BTC ($2000) if bought from Scryptsmining.com, a savings of $1000.


Scryptsmining.com versus and Bitcoin Trader

Scryptmining.com goes for 4.4% ROI for the week.

Another popular way to earn passive income from bitcoin is to buy trading pool shares at Bitcoin Trader. For the first week in April trading pool shares would have earned 5.52% on your investment (minimum $20.)

Should I Buy Shares in Scryptsmining.com or Bitcoin Trader?

Companies like Fibonacci and KnCminer are expected to deliver more efficient scrypt ASIC miners later this year. The advantage to buying shares in Scryptsmining.com now is the benefit of immediate mining before difficulty increases. You could expect to recover your initial investment in about 4-6 months, and your shares in Scryptsmining.com would then continue to earn you income paid weekly.

At present the most cost effective way to mine litecoin and other scrypt coins is by purchasing Scryptsmining.com. This option is available now and much less expensive than building your own miner using GPU cards or Gridseeds.

Because Bitcoin Trader makes money by taking advantage of arbitrage opportunities daily income should be more stable than income from mining shares at Scryptsmining.com, which will decrease as mining difficulty increases later this year.

(axa) - Administrator Hero Member in litecointalk.org pasted in by bcmine

Preview - BSVM

This project is already established on Cryptostocks. It has been active for more than three months. It started their operation as a cex.io active group buy when the price for a GH was about 0.040 XBT. The people behind this operation are friendly and honest and once you get behind the inflationary multi meaning use of 'are' you can invest in them.

The good thing is their daily paid dividend. Its respectable and around 2 times higher than from other copycats. The second thing is that you don’t see your loss of money as a GH is now worth around 0.013 XBT, but their share price keep stable. So their business model works by investing regularly fresh money into the operation to keep up with the difficulty, while the price of a GH continuously drops. As investing in cex.io is a horrible loss of money, just if someone could look in their numbers, would be definitely able to say, how deep the hole is (difference between value of their GH and market capitalisation).

Anyway, these guys are doing hard. They announced (were speculating) to buy 20 TH on ASIC SHA256 power. Also the dividend keeps up with new projects. It is even better than from the most newcomers, and it is clear that not all newcomers will survive the battle on Cryptostocks after their first month and offer a good dividend. The reinvestment of their profit is competitive as it has stayed at the same level for the last month, what’s means that their hardware costs are dropping with the raise of the difficulty. In a review later we will try to find how to manage a cex.io fund to be cheaper than ASIC hardware miners.

(This preview is just a summery from a subjective point of view, which not represents our process of investments.)

1. Sorry for you, you dont like it
2. Cryptostocks is valid and secure as long you invest in the right shares. Like in normal life they are losers and winners.
3. Aha, GMP is having no substance? 2 Years in the market, over 200 XBC paid out? Wow
4. No comment troll
5. we are transparent, giving our name, telephonenumber, address and we applied for the premium validation

Come up with facts and proofs or leave the stage troll!

I dont know if Vircurex ever was a mining operation. It could be that WIT is not more in operation. I understand that you know alot. We focus here on mining projects still operating.

About the hashpower, we can just take informations from their homepage at the time I was writting this. Thats the official informations. We dont write about rumors or speculations. Please check your sources. We dont know "then 4 TH from BTCMINE.CH and anouther 4TH from 2 CoinCraft Rig's so it should be 10+ TH at least but maby some of those"  btcmine.ch. Thanks

Semi-daily means for me twice a day. bi-daily means twice a day or every other day - what ever we agree on. Thanks for your correction, i will use instead every second day (or alternate  days)

Hey,

i think you invested in petamine buying for 0.10 and now its 0.05. However, we pay actually higher profits out as the petamine share and we keep a quarter of our funds in BTC (not invested). So if you think about making some money and not just losing by giving to someone else, think of a professional money management.

More questions, feel free to ask. I wish you a less painfull day as I read out of your posting, man.


Before you continue trolling here around, keep in mind.

In two online studies (total N = 1215), respondents completed personality inventories and a survey of their Internet commenting styles. Overall, strong positive associations emerged among online commenting frequency, trolling enjoyment, and troll identity, pointing to a common construct underlying the measures. Both studies revealed similar patterns of relations between trolling and the Dark Tetrad of personality: trolling correlated positively with sadism, psychopathy, and Machiavellianism, using both enjoyment ratings and identity scores. Of all personality measures, sadism showed the most robust associations with trolling and, importantly, the relationship was specific to trolling behavior. Enjoyment of other online activities, such as chatting and debating, was unrelated to sadism. Thus cyber-trolling appears to be an Internet manifestation of everyday sadism.

+1
I did look at his cryptostocks page, and his website. Same text in both places. And no meaningful info!

Yes funds like this are popping up, but professional funds, not this kid who has no idea what he's doing. WHERES THE VERIFICATION? WHERES HIS PORTFOLIO LISTED? HOW DO YOU KNOW HE HAS EVEN INVESTED YOUR MONEY? Ffs people. Find somewhere else to invest your money

I mean seriously, LOOK AT HIS ANALYSIS. THINK FOR YOURSELVES PEOPLE. EVEN SOMEONE WITHOUT ANY UNDERSTANDING OF BITCOIN COULD INVEST YOUR MONEY BETTER.

I mean shit, LOOK AT THE CRYPTOSTOCKS PAGE. It basicly says "goto our website, it tells you all about are investments and gives you loads of information that will ease your mind, and tells you all about where we chose to invest" BULLSHIT. IT'S JUST THE SAME SALES PITCH ON THE WEBSITE. THERE IS NO INFORMATION.

Jesus Christ people, this is a Ponzi scheme IF YOUR LUCKY

Best thing to do, is find his personal details, so at least when he runs with your money you can chase him down. You think those personal details are really his? HE HASN'T EVEN TOLD YOU WHICH ONES. You deserve to lose your money

Well, I would say it's for people who are a bit lazy to research mining operators on their own (if that does any good) or just want to spread the risk investing in one mining "mutual fund" instead of buying stocks of individual miners. Basically you pay CACTUS % of your earnings to make investment for you. You will see more and more of these funds popping out.

Can't make any money on your own?

1) Create a shitty website
2) List it on the securities exchange with the least security and validation
3) Post 'summarys' of bitcoin mining operations that don't actually have any substance
4) find people stupider than you to give you money
5) either run away with their money or lose it

Anyone stupid enough to invest with this guy deserves to lose their money

Don't say you weren't warned

Sorry about being a grammar nazi, but bidaily means twice every day.
Their is no word that convey the meaning of "once every two days"

I have WIT noted as having payed out 309.36159808 BTC, Vircurex at 378,0723978 BTC and Petamine at 915.9281486 BTC so they have also payed out more on Cryptostocks than GMP's 265,6000173 btc

They have 5 KnC Jupiter machines so at least 2 TH there, then 4 TH from BTCMINE.CH and anouther 4TH from 2 CoinCraft Rig's so it should be 10+ TH at least but maby some of those haven't arrived yet, if they still have some FPGA's left running, those that Avalon diden't steal from them i don't know.

His other project ECA also has premium verification, worth mentioning in the matter might be that APG1 has advanced verification and that Quinto and BCMINECS said they have applied for advanced verification for there projects but it dosent look like kumala has increased the verification level for those projects yet.

3rd Preview - GMP, MGMP
Gmp is a dinosaur as its the oldest active mining projects on cryptostocks. Its like in the movie, in which a group get lost in a jungle and they actually find themself in a lost world with dinosaurs around. Gmp is from a prehistoric era when you could get a bitcoin for 10 bucks. Also their market capitalisation compared to the dividend is still from a time far away as its more as 300 bitcoins. Historical data says that they paid out 250 btc, what is the second biggest dividend in the market besides cognitive mining with over 1000 btc paid out. And the operation is still minimg with 2,5 ths sha256 fpga & asic miners with preorders of 8 ths more.
Well GMP is a dinosaur like a crocodile, that did not die out. Its a legimate investment, as Forbes figured out and its the only project on Cryptostocks with a Premium Verification.  Because of this  safe investment ROI is relativly small compared to new highflyer mining stocks. Or you have still some bitcoins, which you bought for 100 bucks. WIth such cheap bitcoins you gain a good FIAT dividend. Considering the management of Gmp and their success on cryptostocks in the past Gmp offers a good ROI, you will be happy with in the long run after some of your other stocks got delisted.

(This preview is just a summery from a subjective point of view, which not represents our process of investment.)

Its every other day +/- 12 hours except weekend. We pay out 3,5 times in a week. When dividend day is a Saturday payments are made on Friday and when its Sunday dividend will be paid out on Monday.