Topic: [KRYPTOLOGIKA] Trade silver-backed hash power for the best prices! - page 6. (Read 29716 times)
September 12, 2014, 02:31:54 PM
just so u guys know l3sny is a mod of official polish bitcoin forum and hes known and respected in the local community
September 12, 2014, 01:44:29 PM
A short 1 hr maintenance break on kryptologika.
No impact on the mining process whatsoever
No impact on the mining process whatsoever
September 05, 2014, 04:48:37 PM
We are pleased to announce we will be making purchases for fiat possible within two to three weeks. The sale of the shares will go thorough our business parters.
We are also considering API for trading.
Prices on the market are still relatively low same as our maintenance costs. We have reduced them by 2% starting from September. We will be reviewing the maintenance costs on monthly basis and we expect further reductions depending on the volume.
2014-09-05
Price min/max, open/close:
0.00215001 - 0.00220012, 0.00215001 - 0.00220012
Happy trading!
We are also considering API for trading.
Prices on the market are still relatively low same as our maintenance costs. We have reduced them by 2% starting from September. We will be reviewing the maintenance costs on monthly basis and we expect further reductions depending on the volume.
2014-09-05
Price min/max, open/close:
0.00215001 - 0.00220012, 0.00215001 - 0.00220012
Happy trading!
September 01, 2014, 05:47:21 PM
Well, I disagree. Technically they should be merged indeed but on the other hand it creates a bit more buying/selling pressure given that there are no trading fees. If you want to buy/sell make a better offer. So it is neutral from our perspective then. The graph will show them as walls anyway.
We may change it later however should there be people asking for it.
2014-09-02
Price min/max, open/close:
0.0021 - 0.00242826, 0.00242826 - 0.00211
We may change it later however should there be people asking for it.
2014-09-02
Price min/max, open/close:
0.0021 - 0.00242826, 0.00242826 - 0.00211
September 01, 2014, 01:59:40 PM
Okay, understood.
Anyway, here is another thing - I have buy order at 21 and a new one appeared at the same price. First thing - I guess they should be merged into one since that would make hell of a mess with more liquidity. The other thing is that it looks that the new order would be fulfilled first and it definitely should be FIFO.
Anyway, here is another thing - I have buy order at 21 and a new one appeared at the same price. First thing - I guess they should be merged into one since that would make hell of a mess with more liquidity. The other thing is that it looks that the new order would be fulfilled first and it definitely should be FIFO.
September 01, 2014, 12:51:50 PM
Our press note from New Money Feed
Quote
Low Cost Bitcoin Hashing Power Trading Platform Kryptologika Offers GH/s Backed With Physical Silver
Submitted by rss parser on Mon, 09/01/2014 - 17:15
“Increased competition in cloud mining should be welcomed by bitcoin enthusiasts, silver bugs and miners,” according to the creators of kryptologika.com—a Polish-Irish-Swedish Bitcoin trading platform that was launched early August 2014.
Differentiating from competitors Kryptologika offers a unique system of backing shares against the gradual drop in profitability of mining, utilizing physical silver. It is a well-known fact that during Bitcoin price stagnation, rising difficulty makes mining less and less productive over time and eventually, the costs of electricity can make the entire process unprofitable. The benefit of silver is ability to ensure that the price of GH/s offered by the platform would never fall to zero, as it is backed by the price of an equivalent amount of physical silver per share. Thus, buying shares is not only an investment in hashing power, but also in silver. This solution, combined with much lower maintenance costs for hosting in China, would result in a very competitive offer. Moreover, the shares can be traded among the users on the platform and in the near future, they will be available not only for Bitcoin, but also in fixed prices for fiat currencies.
“We want to optimize the mining process to make it as cost-effective as possible for the benefit of our customers. At the same time, since we are devoted miners and silver bugs, we created a product that combines the two: low-cost hashing power and an investment in physical silver.” said Project Manager of kryptologika Antoni Lesinski. “At this stage we are still in the beta phase but we will be offering cheap hashing power for Dollars, Euros, British pounds and Polish zloty in a few weeks, bringing the whole undertaking to new levels.”
At the start, the maintenance fees have been as low at $0.11 per GH/s (denominated in Polish zloty) per month. The good news is that this is also changing for the benefit of the users, starting in September. A 2% reduction of fees was offered to Kryptologika users due to an increasing client base and availability of better pricing in China.
“We will be reviewing our maintenance fees at least every quarter. This small reduction in fees demonstrates our commitment to deliver to our customers the best solutions possible, and build long term relationships, which are both very challenging, especially when Bitcoin prices are at lower levels.”
Trading shares on the platform is free of charge and hashing power goes live almost immediately after the purchase making it even more attractive for traders. Kryptologika recently teamed up with UK based onestopminingshop.com— a mining hardware retailer with a view to build a system of distribution of hashing power, for fiat currencies.
To learn more please go to: https://kryptologika.com/
Media Contact: [email protected]
Submitted by rss parser on Mon, 09/01/2014 - 17:15
“Increased competition in cloud mining should be welcomed by bitcoin enthusiasts, silver bugs and miners,” according to the creators of kryptologika.com—a Polish-Irish-Swedish Bitcoin trading platform that was launched early August 2014.
Differentiating from competitors Kryptologika offers a unique system of backing shares against the gradual drop in profitability of mining, utilizing physical silver. It is a well-known fact that during Bitcoin price stagnation, rising difficulty makes mining less and less productive over time and eventually, the costs of electricity can make the entire process unprofitable. The benefit of silver is ability to ensure that the price of GH/s offered by the platform would never fall to zero, as it is backed by the price of an equivalent amount of physical silver per share. Thus, buying shares is not only an investment in hashing power, but also in silver. This solution, combined with much lower maintenance costs for hosting in China, would result in a very competitive offer. Moreover, the shares can be traded among the users on the platform and in the near future, they will be available not only for Bitcoin, but also in fixed prices for fiat currencies.
“We want to optimize the mining process to make it as cost-effective as possible for the benefit of our customers. At the same time, since we are devoted miners and silver bugs, we created a product that combines the two: low-cost hashing power and an investment in physical silver.” said Project Manager of kryptologika Antoni Lesinski. “At this stage we are still in the beta phase but we will be offering cheap hashing power for Dollars, Euros, British pounds and Polish zloty in a few weeks, bringing the whole undertaking to new levels.”
At the start, the maintenance fees have been as low at $0.11 per GH/s (denominated in Polish zloty) per month. The good news is that this is also changing for the benefit of the users, starting in September. A 2% reduction of fees was offered to Kryptologika users due to an increasing client base and availability of better pricing in China.
“We will be reviewing our maintenance fees at least every quarter. This small reduction in fees demonstrates our commitment to deliver to our customers the best solutions possible, and build long term relationships, which are both very challenging, especially when Bitcoin prices are at lower levels.”
Trading shares on the platform is free of charge and hashing power goes live almost immediately after the purchase making it even more attractive for traders. Kryptologika recently teamed up with UK based onestopminingshop.com— a mining hardware retailer with a view to build a system of distribution of hashing power, for fiat currencies.
To learn more please go to: https://kryptologika.com/
Media Contact: [email protected]
September 01, 2014, 08:41:05 AM
The delay is 15 block as they need confirmation by the network. We cannot pay the award immediately as a block can be rejected. This is giving us some 99.9999% chances
The award is proportional to the lenght of a block that is related to time spent on solving it. I am not sure what is not clear here?
BTW we may have some technical problems later today as bitcurex.com has just changed their API today without a notice. It should not affect the mining however same may affect the maintenance fees for a short period of time that is about 2 to 4 hours. As per our T&C a 24hrs maintenance breake in mining is permitted for every 30 days of mining rollong without any compensation to the users. We do not think it will take that long of course if at all.
The award is proportional to the lenght of a block that is related to time spent on solving it. I am not sure what is not clear here?
BTW we may have some technical problems later today as bitcurex.com has just changed their API today without a notice. It should not affect the mining however same may affect the maintenance fees for a short period of time that is about 2 to 4 hours. As per our T&C a 24hrs maintenance breake in mining is permitted for every 30 days of mining rollong without any compensation to the users. We do not think it will take that long of course if at all.
September 01, 2014, 06:11:08 AM
You can see your GH/s working under mining history tab. Perhaps it will take 2-3 hrs but not more.
Does it take 2 or 3 hours to "turn on" GHS or is it just the time for hashing power to come up on the site?
Another thing I dont quite understand is the payouts from block. WIth cex the payout from block was +/- constant but with kryptologika it varies from block to block even for as much as 200%. Could you please explain the mechanic behind this?
August 31, 2014, 08:04:50 AM
edit: deleted
August 29, 2014, 09:19:14 AM
You can see your GH/s working under mining history tab. Perhaps it will take 2-3 hrs but not more.
No TAS indeed, we will be improving this gradually. It is really important feature I absolutely agree.
The place is not dead, it is growing slowly but surely. The project has its advantages we do not charge trading fees (and never will) and our maintenance fees are as low as possible (same will never be increased only reduced in the future). In return you are getting tradeable shares in GH/s which actually do work! And they are backed with physical silver!! Probably all those early buyers have more luck than the others who will come in a week or two. So far we have been mor focused on functionality and safety of the platform rather than anything else planning to develop it gradually as we get more attention and credibility. We are working on improvements and we take into account every remark from our customers.
Liquidity wise... we are currently focused on marketing campaign and kryptologika will be much more visible next week. Secondly there is API coming to implement purchasing shares with fiat outside of the platform. This should bring a bit more users in satisfactory numbers. THe system will be tested late September and fully operational October the latest.
A bit improved version of the platform will be launched coming Monday, we will extend the log out time of the session.
At this stage just spread the word about our platform. Bringing new customers at this low number of users (below 100, yes!) may have a positive impact on liquidity and trading for the benefit of the users.
We also encourage our users to get involved actively in promoting kryptologika by voluntarily adding our signature:
Do not worry. We will get there!
No TAS indeed, we will be improving this gradually. It is really important feature I absolutely agree.
The place is not dead, it is growing slowly but surely. The project has its advantages we do not charge trading fees (and never will) and our maintenance fees are as low as possible (same will never be increased only reduced in the future). In return you are getting tradeable shares in GH/s which actually do work! And they are backed with physical silver!! Probably all those early buyers have more luck than the others who will come in a week or two. So far we have been mor focused on functionality and safety of the platform rather than anything else planning to develop it gradually as we get more attention and credibility. We are working on improvements and we take into account every remark from our customers.
Liquidity wise... we are currently focused on marketing campaign and kryptologika will be much more visible next week. Secondly there is API coming to implement purchasing shares with fiat outside of the platform. This should bring a bit more users in satisfactory numbers. THe system will be tested late September and fully operational October the latest.
A bit improved version of the platform will be launched coming Monday, we will extend the log out time of the session.
At this stage just spread the word about our platform. Bringing new customers at this low number of users (below 100, yes!) may have a positive impact on liquidity and trading for the benefit of the users.
We also encourage our users to get involved actively in promoting kryptologika by voluntarily adding our signature:
Quote
[color=#00cccc]▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ [/color]
[url=http://kryptologika.com][b][color=#0000cc]K[/color][color=#0000cc]R[/color][color=#0000cc]Y[/color][color=#0000cc]P[/color][color=#0000cc]T[/color][color=#0000cc]O[/color][color=#0000cc]L[/color][color=#0000cc]O[/color][color=#0000cc]G[/color][color=#0000cc]I[/color][color=#0000cc]K[/color][color=#0000cc]A[/color][/b][/url] [color=#000] [b]Trade Silver-Backed GH/s For The Best Prices![/b][/color] [color=#0000cc][/color][url=https://www.facebook.com/kryptologika][b][color=#3b5998][size=11pt]f[/size][/color][/b][/url] [url=https://twitter.com/kryptologika_pl][b][color=#99CCFF][color=#4396E8][size=11pt]t[/size][/color][/b][/url] [url=https://plus.google.com/u/0/communities/110447920403429245417?cfem=1][size=11pt][b][color=#d34836]g[/color][/b][/size][color=#d34836][size=8pt]+[/size][/color]
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[url=http://kryptologika.com][b][color=#0000cc]K[/color][color=#0000cc]R[/color][color=#0000cc]Y[/color][color=#0000cc]P[/color][color=#0000cc]T[/color][color=#0000cc]O[/color][color=#0000cc]L[/color][color=#0000cc]O[/color][color=#0000cc]G[/color][color=#0000cc]I[/color][color=#0000cc]K[/color][color=#0000cc]A[/color][/b][/url] [color=#000] [b]Trade Silver-Backed GH/s For The Best Prices![/b][/color] [color=#0000cc][/color][url=https://www.facebook.com/kryptologika][b][color=#3b5998][size=11pt]f[/size][/color][/b][/url] [url=https://twitter.com/kryptologika_pl][b][color=#99CCFF][color=#4396E8][size=11pt]t[/size][/color][/b][/url] [url=https://plus.google.com/u/0/communities/110447920403429245417?cfem=1][size=11pt][b][color=#d34836]g[/color][/b][/size][color=#d34836][size=8pt]+[/size][/color]
[color=#00cccc] ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄[/color]
Do not worry. We will get there!
August 29, 2014, 07:53:02 AM
Just bought small amount of ghs to check it out. Here are some thoughts about the whole thing - as its surely a nice alternative to cex, for now because of almost no liquidity it just cant compete. At least not in model in which you reinvest your profit on daily basis. How about you, as owner/operator act as market maker at this early stage of the project? When I first saw the site and take a look at order book my impression was like "hell, this place is dead."
What IMO site lacks is:
So these are things that struck me the most. I hope the project will grow and we will see improvements. Keep it up!
.//edit// Oh, I forgot... Sites is logging me out like evry 5 minutes... Thats annoying
What IMO site lacks is:
- No TAS, cant really say when the last trade occured.
- Althought I have bought some ghs I cant really see if they are workin at all. Only thing I have found is a mining history tab uner "Your wallet" which is sadly empty for now. This is a cex feature that I value a lot - ability to actually see your investment working.
So these are things that struck me the most. I hope the project will grow and we will see improvements. Keep it up!
.//edit// Oh, I forgot... Sites is logging me out like evry 5 minutes... Thats annoying
August 28, 2014, 02:21:37 AM
2014-08-27
Price min/max, open/close:
0.00210976 - 0.0022987, 0.00210976 - 0.0022987
The website was off-line for a couple of hours. Now all is up and running. This would not affect the mining of course.
GH/s prices on the platform are still the lowest on the market! At the moment we have only two digit number of users.
We are working slowly but surely towards implementation of fiat however at this stage we cannot confirm the date yet.
We remind you of the small reduction in our maintenance fees by 2% starting from 01 Sept.
Happy trading!
Price min/max, open/close:
0.00210976 - 0.0022987, 0.00210976 - 0.0022987
The website was off-line for a couple of hours. Now all is up and running. This would not affect the mining of course.
GH/s prices on the platform are still the lowest on the market! At the moment we have only two digit number of users.
We are working slowly but surely towards implementation of fiat however at this stage we cannot confirm the date yet.
We remind you of the small reduction in our maintenance fees by 2% starting from 01 Sept.
Happy trading!
August 26, 2014, 02:10:12 AM
We are discussing currently options for sig campaign in exchange for shares in kryptologika for those who are interested.
We will be starting a new thread in respect of this in a day or two. Should you be interested please share your opinions and suggestions.
We will be starting a new thread in respect of this in a day or two. Should you be interested please share your opinions and suggestions.
August 24, 2014, 05:41:54 PM
2014-08-25
Price min/max, open/close:
0.0024876 - 0.002499, 0.0024876 - 0.002499
Price min/max, open/close:
0.0024876 - 0.002499, 0.0024876 - 0.002499
August 23, 2014, 12:52:59 PM
August 22, 2014, 12:43:53 PM
2014-08-22
Price min/max, open/close:
0.002343 - 0.002988, 0.002343 - 0.002988
We see now a bit higher prices.
Price min/max, open/close:
0.002343 - 0.002988, 0.002343 - 0.002988
We see now a bit higher prices.
August 21, 2014, 12:57:54 PM
2014-08-21
Price min/max, open/close:
0.00215 - 0.002335, 0.00215 - 0.002335
kryptologika was added today to http://cryptoverse.org/cloud_mining/
Please cast your vote!
Price min/max, open/close:
0.00215 - 0.002335, 0.00215 - 0.002335
kryptologika was added today to http://cryptoverse.org/cloud_mining/
Please cast your vote!
August 20, 2014, 04:01:06 PM
Why is the maintenance fees keeps on increasing? New receiving around 33% of what I am mining.
Maintenance fees is cocstructed exactly in the same way as paying bills for your miner at home. if bitcoin price goes higher the smaller amount of what you are mining is being deducted to pay the bills. If bitcoin price goes down mining is obviusly less profitable as the bigger portion goes to cover electricity costs.
Currently monthly costs of maintenance at kryptologikais around $0.11 per GH/s per month which is significantly lower than elswhere.
We will be reducing our maintenance costs by 2% starting from 01 September.
Okay, my bad.
The site is working nicely so far.
August 20, 2014, 02:43:06 AM
2014-08-19
Price min/max, open/close:
0.00229 - 0.0023, 0.00229 - 0.0023
Another thread involvig kryptologika
https://bitcointalk.org/index.php?topic=739510.40;topicseen
Price min/max, open/close:
0.00229 - 0.0023, 0.00229 - 0.0023
Another thread involvig kryptologika
https://bitcointalk.org/index.php?topic=739510.40;topicseen
August 20, 2014, 01:38:43 AM
Why is the maintenance fees keeps on increasing? New receiving around 33% of what I am mining.
Maintenance fees is cocstructed exactly in the same way as paying bills for your miner at home. if bitcoin price goes higher the smaller amount of what you are mining is being deducted to pay the bills. If bitcoin price goes down mining is obviusly less profitable as the bigger portion goes to cover electricity costs.
Currently monthly costs of maintenance at kryptologikais around $0.11 per GH/s per month which is significantly lower than elswhere.
We will be reducing our maintenance costs by 2% starting from 01 September.
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