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Topic: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, Not paying!!! - page 178. (Read 361391 times)

newbie
Activity: 35
Merit: 0
Also, are there any deals where you can purchase through people's affilate link and they hook you up with extra shares?  I PM'ed the guy I did this before but wanted to see what was up  Cool
hero member
Activity: 868
Merit: 1000
mod 10 was 800 before black friday and seems to be priced high now so you wont buy it. Gen 2 is replacing dual mods but no payout calculations exist right now that make sense.

So doing the 3k shares of gen 1 is the best way to go at the moment?

Is there anyway to estimate what the gen 2 packages will generate?  I'd like to get involved in the advanced algo's to help diversify - plus it seems cool - but I have no idea how to go about working it out.

3K is a known quantity that will generate you BTC (or other coin) right away and also qualify for multiplication on the 24th so yes, go with that for right now if you're new to LTCG.
newbie
Activity: 35
Merit: 0
mod 10 was 800 before black friday and seems to be priced high now so you wont buy it. Gen 2 is replacing dual mods but no payout calculations exist right now that make sense.

So doing the 3k shares of gen 1 is the best way to go at the moment?

Is there anyway to estimate what the gen 2 packages will generate?  I'd like to get involved in the advanced algo's to help diversify - plus it seems cool - but I have no idea how to go about working it out.
hero member
Activity: 504
Merit: 500
mod 10 was 800 before black friday and seems to be priced high now so you wont buy it. Gen 2 is replacing dual mods but no payout calculations exist right now that make sense.

Is the ROI calculator working correctly? My earnings went down 3 times?
hero member
Activity: 868
Merit: 1000
mod 10 was 800 before black friday and seems to be priced high now so you wont buy it. Gen 2 is replacing dual mods but no payout calculations exist right now that make sense.
newbie
Activity: 35
Merit: 0
I had posted this in a different thread and thought I'd ask here also.  I'm trying to wrap my head around how the LTCgear advanced stuff works, here is what I wrote, thanks in advance for your help! (and remember BTC tips are available for help Smiley




I was wondering if someone could point me in the general direction of understanding some of the more advanced algo's with LTCgear.

I understand how the LTC mining and regular shares work - but now that I've got some experience with that, I'm trying to wrap my head around the Dual Mod M10 and the second generation product and what the ROI for that looks like.

I played around with ltcgearcalc.com and think that I'm doing something wrong because with the Dual Mod M10 for a $1200 product it seems to be making only a 30-40 dollar a week difference in what I'm doing.  I'm also trying to get a ballpark figure on what a 10 pack of the 2nd gen chips would generate in $ and I'm having a hard time.

I don't know if I'm overthinking things - but I was wondering if some kind soul could break it down for me - possibly using real world data examples so I have some more information to make a decision.  Bitcoin tips will be provided if I can understand this well enough to explain it to someone else Smiley

Not trying to hijack the thread - but I suspect a lot of other people reading this might need some help understanding how these more advanced items work.

Thanks!
hero member
Activity: 504
Merit: 500
Do we currently earn anything on 2nd Gen pre – ASIC share 10 ?
hero member
Activity: 504
Merit: 500
Quick question for the Mod guys, did you change to Dark this week instead of VTC because of the Titans messing with the hashrate and price?

I stayed on VTC!
hero member
Activity: 868
Merit: 1000
Quick question for the Mod guys, did you change to Dark this week instead of VTC because of the Titans messing with the hashrate and price?
full member
Activity: 150
Merit: 100
Don't buy shares - hold on - the price will come down....

The price did go up for qASICs this week, maybe resellers will drop it a bit next week. It really matters the demand and payout. I doubt LTCgear is going to do another big promo until the 2nd gens are about to launch for real  Wink.

The price went because the difficulty went down for a while and qASICs became very profitable for a day or so, difficulty is spiking up again plus we have 2nd gen coming in, Wait and watch ! Wink
hero member
Activity: 868
Merit: 1000
Don't buy shares - hold on - the price will come down....

The price did go up for qASICs this week, maybe resellers will drop it a bit next week. It really matters the demand and payout. I doubt LTCgear is going to do another big promo until the 2nd gens are about to launch for real  Wink.

Normally I'd agree with you on this but I'm thinking there will be a sale around Christmas but you never know with the multiplication schedule for around the 24th.
legendary
Activity: 1456
Merit: 1000
Don't buy shares - hold on - the price will come down....

The price did go up for qASICs this week, maybe resellers will drop it a bit next week. It really matters the demand and payout. I doubt LTCgear is going to do another big promo until the 2nd gens are about to launch for real  Wink.
full member
Activity: 150
Merit: 100
Don't buy shares - hold on - the price will come down....
hero member
Activity: 868
Merit: 1000
Diff seems to be holding steady...

I saw a projection on wemineltc that it's going up to 58k next. Of course that changes but I expect a big bump up this time around.
sr. member
Activity: 462
Merit: 250
www.dashpay.io
Diff seems to be holding steady...
hero member
Activity: 868
Merit: 1000

btw. the litecoin difficulty went 10.45% up in 2 days, a little bit scary.

Well look at the big jump in hashrate...

https://bitcoinwisdom.com/litecoin/difficulty
member
Activity: 83
Merit: 10
looking to buy 60000 shares at price 0.0006btc. Just leave me a privat message if you want to sell.

btw. the litecoin difficulty went 10.45% up in 2 days, a little bit scary.
legendary
Activity: 1022
Merit: 1004
But I said that, there's nothing wrong with it. I do not advise against buying from him and
I do not want to start a quarrel. I just don't support it. I'm free to do so in a free market, right?^^
I'm also not overly greedy, I think that's reflected by the fact that I take a lower price.
hero member
Activity: 938
Merit: 1000
Product Description

This product will reserve the right to use of a 2nd generation ASIC equivalent to:
- 13000 kHs Neoscrypt algorithm
- 30000 kHs Scrypt algorithm
- 95000 kHs X11 algorithm
- equivalent of (27 – 30)  x Radeon 290 Lyra2RE (estimate, final numbers after hard fork)

The payout algorithm is selected either by “coin choice” or best paying if neutral coin is selected (“BTC” or “LTC”). Other algorithms will be listed as soon as they are available.

This unit will pay 1/2.5 of Scrypt algorithm until 2nd ASICs are received (mid January)


if we mine feathercoin with neoscrypt algo we can get weekly 0.29 btc

Yes and you forget if all ltcgear customers mine FTC in Jan, we will get maximum 0.1BTC weekly. It's the same in all mining games.
hero member
Activity: 938
Merit: 1000
If someone is looking for shares i sell it for 0.69btc/1k
20k+ in stock

cheers
I currently offer shares @65 in the german sub, Deki1904 just wrote me to buy some and apperantly has the intention to
sell them here @69. Sure, it's not forbidden and - don't get me wrong here - I have no doubt he is a honest guy to trade with.
But (call it a spleen) I have a general antipathy against people trying to make money with the dullest business ideas. This is
also the reason why I don't like this sponger who's running ltcgearstore.com.
So, as I am under not-the-slightest pressure to sell shares, I will not trade with Deki1904 again in the near future but repeat
my offer here to sell to anyone else @65.


Well David I didn't see anything wrong with this. This guy needs to feed himself too. He's working hard to find his customer and is busy keeping them happy. It's like in any free market, you can't decide the price and the customer choose the one they want to buy from.
Stop being greedy and let's everyone has a piece of this cake.

Regards,

Aizen
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