Topic: Review/Journal/ROI Calc of Litecoin GEAR (LTCGear) | LTC/DRK/VTC mining farm - page 23. (Read 71022 times)

11/21/2014 Update: The Road to ROI #3
So, I haven't done one of these for a while, but this is a pretty good point to catch up. After today's payout, my last rogue purchase (where I didn't stick to my plan and made some additional purchases, mostly DualMODs, which already ROI'd and a bit more Anniv.) will have ROI'd 100%.

So at just over 3 months in, i've covered my initial investment amount and now 100% of what I reinvested! Feels good. Almost all of my initial purchases were DualMODs to mine VTC, which barring a few lean weeks has been really good to me. I tried to keep my mining at 25-30% DualMOD originally, but after 2 multiplications and some impulse purchases that's out the window. I will be very sad to see VTC go, but will mine and hold some DRK.

The one thing that i've been good about is sticking to my own strategy of 30% savings, 30% into reinvestment fund and 30% for paying myself. It's pretty nice to either buy some Amazon gift cards with BTC and know that this xmas will be completely paid for w/ BTC! Otherwise i've just been selling to fiat.

So, what's next? I think i'll be sitting on my hands for the rest of the year unless a really great product comes out... i might buy some of the new pack after payday, just to offset some of the diff increases, but i'm not going to chase things right now.

Either something really good comes out in the next month or two or not... I'm hoping something better comes out, like when the Anniv. package first came out.

Regarding the calculator, I have a few things still in the works (a long with a bunch of little things on my to-do list):

- Add the ROI gauges (small) to the home page, so you can see everything on one page.
- Rewrite DRK estimates completely. It's been a pain in my ass, but with VTC leaving us soon, I've got 2 different ideas on how to revise this.

  good work

Yep... the main page/calc page "pauses" for most of Friday until payouts are mostly completed... I did it so people can compare while waiting... at midnight UTC, it will switch over to next week.....

The ROI tracker is giving me different results for this week than the calculator...
both are set from 14/11

(EDIT: is this because its including friday (today) ?)

He is cleaning up the website.  Eliminating the hassle of the anniversary code and referral payments the end of this week apparently, but also the following:

1.) I noticed my last order was marked "Completed" as appose to the standard "Processing"

2.) He took the older products off the shop.  Only 9 items listed under Hosted Mining (shares).

I like it. Seems like he is simplifying his effort so that we wont see the delays we have been seeing recently.

Chris posted this regarding Share Payouts:

NOTE (got many questions over this): Temporarily, payout in shares will be done at 8% over share/USD rate 1K83 offers.

I'll adjust the share conversion estimate to reflect this shortly.

I mean a ledger or clearing house with bids/asks to facilitate liquidity between BTC/LTC and LTCgear shares. It would take a lot of work to setup but you could always charge a small fee for your services  .

OHHHHH, you mean Chris said that the new share conversion price would be the 1k83 price? Did that include the additional 8% for BTC payments? i'm guessing not... i'll change that now though and put in the new price..

No:)

the conversion as payout option

Not sure what type of exchange you mean? There are many people selling smaller packages of shares if that's what you were talking about...

What do you mean share conversion? multiplication?

Hi organizer,

in an other thread somebody ask chris if the shareconversion will be calculated with the new 1k83 package - and he said he got a yes

will you honor this in your calculator?
would be great

Some like OP could create a third party exchange service. What do you say OP?

I can't wait until the referral program is completely dead  . Also, anyone else notice that Paypal is not available as a checkout option with the new share package?

Maybe Chris should list his shares on an exchange..hmm...

Stop posting your damn referral links in the post. Keep it to sigs PLEASE

Edit: 575 current asic shares available to buy at .1825 GH per = 104.9375 GH potentially added to total litecoin network. Woooooow

I think above line is referral link watch out anyone click on it.

 yes, referral did work and I think referral wont work anymore in few days.

Just purchased one... do referrals work on these as well or no?

So this new product is about a 20% savings on the 16k product??  I may pick one up...