LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, Not paying!!! - page 267.

MemCiD

member

Activity: 70

Merit: 10

Quote from: bitgeek on October 02, 2014, 02:08:02 PM

Quote from: MemCiD on October 02, 2014, 01:31:57 PM

GAWMiners have virtual miners(whatever that is), LTCGear have actual hardware miners.

Not true, GAW calls their shares virtual miners, because they are upgradable and tradable. The hardware behind them is as real as any other.

True, sorry didn't know bud.

omar_e

newbie

Activity: 1

Merit: 0

Would have been good to find this thread prior to purchasing my shares.. Someone could have madfe a bit on the referral.. Roughly 18 thousand shares... Looking forward to week end Grin

crazyivan

legendary

Activity: 1652

Merit: 1007

DMD Diamond Making Money 4+ years! Join us!

Quote from: organizer on October 02, 2014, 03:48:39 PM

Quote from: ChristopherWalken on October 02, 2014, 11:55:58 AM

how does the LTCGear cloud mining service compare to GAWminers hashlets?

according to GAW they have ZEN pool that has 50% better returns than any other scrypt pool available

i think the ROI for GAW is now well over 70 days though...

LTC Gear isn't really "cloud mining" in the sense that GAW markets itself. LTC Gear, you buy shares of a mining farm, which equate to X amount of hash (depending on the coin/products you buy) for a 1 year time period... the biggest difference is the share multiplication, which helps maintain the overall earnings over time (it still degrades, but not that severe).

....and the fact LTCgear is 4x cheaper per Mhs compared to the most popular Zen Hash.

organizer

sr. member

Activity: 378

Merit: 250

Quote from: ChristopherWalken on October 02, 2014, 11:55:58 AM

how does the LTCGear cloud mining service compare to GAWminers hashlets?

according to GAW they have ZEN pool that has 50% better returns than any other scrypt pool available

i think the ROI for GAW is now well over 70 days though...

LTC Gear isn't really "cloud mining" in the sense that GAW markets itself. LTC Gear, you buy shares of a mining farm, which equate to X amount of hash (depending on the coin/products you buy) for a 1 year time period... the biggest difference is the share multiplication, which helps maintain the overall earnings over time (it still degrades, but not that severe).

mechtronic2001

member

Activity: 112

Merit: 10

Quote from: ?? on ??

If anyone here is familiar with mirc www.mirc.com
Come join us at irc.freenode.net / #ltcgear

We're going to give away 50 shares to a lucky person in a couple hours!
See you there.

I'm going to suggest Hexchat, you know, since they support BTC.

http://hexchat.github.io/index.html

tom99

sr. member

Activity: 420

Merit: 250

someone sold 100+ Zen hashlets mistake for about 20 usd and 2nd day row by miners.

bitgeek

sr. member

Activity: 462

Merit: 251

Quote from: MemCiD on October 02, 2014, 01:31:57 PM

GAWMiners have virtual miners(whatever that is), LTCGear have actual hardware miners.

Not true, GAW calls their shares virtual miners, because they are upgradable and tradable. The hardware behind them is as real as any other.

MemCiD

member

Activity: 70

Merit: 10

GAWMiners have virtual miners(whatever that is), LTCGear have actual hardware miners.

crazyivan

legendary

Activity: 1652

Merit: 1007

DMD Diamond Making Money 4+ years! Join us!

Quote from: ChristopherWalken on October 02, 2014, 11:55:58 AM

how does the LTCGear cloud mining service compare to GAWminers hashlets?

according to GAW they have ZEN pool that has 50% better returns than any other scrypt pool available

i think the ROI for GAW is now well over 70 days though...

GAW cannot be compared to LTCgear.
LTCgear ROI is about 5 weeks at the moment.

ChristopherWalken

newbie

Activity: 12

Merit: 0

how does the LTCGear cloud mining service compare to GAWminers hashlets?

according to GAW they have ZEN pool that has 50% better returns than any other scrypt pool available

i think the ROI for GAW is now well over 70 days though...

MemCiD

member

Activity: 70

Merit: 10

Quote from: tom99 on October 02, 2014, 08:16:55 AM

Quote from: POM on October 02, 2014, 06:55:54 AM

Quote from: Minerjoe on October 02, 2014, 01:03:48 AM

Tomorrow we get paid. I think I ll get myself one more 1K6X pack today, was lucky with some other investments this week.

I LOVE PAYDAYS Grin

me too.

Hopefully I get my affiliate payment too! I have to pay out like 80% to people who used my link :p

tom99

sr. member

Activity: 420

Merit: 250

Quote from: POM on October 02, 2014, 06:55:54 AM

Quote from: Minerjoe on October 02, 2014, 01:03:48 AM

Tomorrow we get paid. I think I ll get myself one more 1K6X pack today, was lucky with some other investments this week.

I LOVE PAYDAYS Grin

me too.

POM

sr. member

Activity: 547

Merit: 254

Quote from: Minerjoe on October 02, 2014, 01:03:48 AM

Tomorrow we get paid. I think I ll get myself one more 1K6X pack today, was lucky with some other investments this week.

I LOVE PAYDAYS Grin

Minerjoe

sr. member

Activity: 406

Merit: 250

Tomorrow we get paid. I think I ll get myself one more 1K6X pack today, was lucky with some other investments this week.

MemCiD

member

Activity: 70

Merit: 10

Theres always risk in anything you do.

organizer

sr. member

Activity: 378

Merit: 250

Quote from: Pistachio on October 01, 2014, 01:15:33 PM

Do you transfer the ltcgear shares directly to the participants?

My concern is mainly if someone holds everyone's shares and something goes wrong (lost, stolen, or ltcgear disappears). Then they are on the hook for the entire amount.

As for the transfer, it's a pretty straightforward process.... in your account area, you can transfer X shares to someone by their username... so the distribution would be pretty straightforward...

As for the second part... that can really be applied to anything crypto, exchanges, preorders, escrow, whatever... it all works... until it doesn't!

orenjuice5

newbie

Activity: 42

Merit: 0

Usually the way group buy works is someone pays LTCgear get the shares and then send the shares to all the people of the group.

I was part of 3 buy groups and everything was great. Then I finally decided to buy 1600 shares on my own yesterday...

Pistachio

legendary

Activity: 1470

Merit: 1000

Quote from: brioche on October 01, 2014, 12:39:54 PM

Quote from: Pistachio on October 01, 2014, 08:33:07 AM

Quote from: Minerjoe on October 01, 2014, 01:15:11 AM

I see a lot of people going to BTCjam and similar lending websites to raise money to buy LTCgear shares. How long does this usually take? Has anyone had any success with this?

I don't think it is a good idea to do any kind of group buy for these shares. It adds significant risk for everyone involved and could lead to prolonged legal disputes.

The weekly payments are real (so far) as listed on the website.

I haven't any problems doing group buys or even just buying individual shares. I'd suggest heading over to litecointalk and checking the Services section if your interested in getting small batches of shares.

As for BTCJam, as of Monday evening I successfully got my loan funded for purchasing LTCGear Shares. Grin

so it does work Grin

Do you transfer the ltcgear shares directly to the participants?

My concern is mainly if someone holds everyone's shares and something goes wrong (lost, stolen, or ltcgear disappears). Then they are on the hook for the entire amount.

brioche

full member

Activity: 192

Merit: 100

Quote from: Pistachio on October 01, 2014, 08:33:07 AM

Quote from: Minerjoe on October 01, 2014, 01:15:11 AM

I see a lot of people going to BTCjam and similar lending websites to raise money to buy LTCgear shares. How long does this usually take? Has anyone had any success with this?

I don't think it is a good idea to do any kind of group buy for these shares. It adds significant risk for everyone involved and could lead to prolonged legal disputes.

The weekly payments are real (so far) as listed on the website.

I haven't any problems doing group buys or even just buying individual shares. I'd suggest heading over to litecointalk and checking the Services section if your interested in getting small batches of shares.

As for BTCJam, as of Monday evening I successfully got my loan funded for purchasing LTCGear Shares. Grin

so it does work Grin

Pistachio

legendary

Activity: 1470

Merit: 1000

Quote from: Minerjoe on October 01, 2014, 01:15:11 AM

I see a lot of people going to BTCjam and similar lending websites to raise money to buy LTCgear shares. How long does this usually take? Has anyone had any success with this?

I don't think it is a good idea to do any kind of group buy for these shares. It adds significant risk for everyone involved and could lead to prolonged legal disputes.

The weekly payments are real (so far) as listed on the website.

Topic: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, Not paying!!! - page 267. (Read 361409 times)