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Topic: Review/Journal/ROI Calc of Litecoin GEAR (LTCGear) | LTC/DRK/VTC mining farm - page 30. (Read 71004 times)

newbie
Activity: 27
Merit: 0
From Homepage

Multiplication schedule


Hi,

Multiplication is scheduled for Nov 8, the day after payout. Saturday, Nov 8, the website will be placed in maintenance mode for several hours, all paid on-hold orders will be completed and will get their shares credited, then share multiplication will be performed.
 To report on-hold orders for quicker completion, please use ‘on-hold’ keyword when reporting via support contact.

Kind Regards,
 Chris
sr. member
Activity: 378
Merit: 250
THis sucks! I bought x2 of the anniversary shares and the order has been On-Hold for over 2 days now! I email and used their contact form but they still havent corrected it. Looks like I will miss the multiplication and possibly be out $1700.

Are you sure you accounted for the TX fee in your payment? Many people didn't do this when they sent through exchanges, etc. and these have resulted in delays... double check that... also did you include all that information (both order # and btc transaction info) in your contact? Just for the record, I don't think i've ever seen an order issue that wasn't ultimately resolved.

newbie
Activity: 4
Merit: 0
THis sucks! I bought x2 of the anniversary shares and the order has been On-Hold for over 2 days now! I email and used their contact form but they still havent corrected it. Looks like I will miss the multiplication and possibly be out $1700.

LTCGear has not so many people, so sometimes it takes time to get answer from them. Right now I think they have manually to go through each order + fix all dual-mode share conversions, and it is a lot of work.

I had problem with dual-mode, and didnt write a ticket about that, but missed shares were added to my account. Had one more case, where LTCGear were making decision in my favor, so from my experience with LTCGear, even if multiplication will happen before your orders will be credited, you will be compensated after some time. But I think they will try to fix all before multiplication, so maybe we will have 2-3 day delay in multiplication.... bad thing about that is that this Friday payout could be without multiplication.

So I suggest you to start worry only if you problem wont be solved till next Friday, before that time just relax  Wink
newbie
Activity: 32
Merit: 0
THis sucks! I bought x2 of the anniversary shares and the order has been On-Hold for over 2 days now! I email and used their contact form but they still havent corrected it. Looks like I will miss the multiplication and possibly be out $1700.
full member
Activity: 156
Merit: 100
Oct 31 payout conversion (FIX) sent out as well.  Once again Chris handles his business. 

This was the dual mod/share issue? good news for the folks that got hit by it.


I can confirm, the Dual MOD fix was in today when i logged in. very pleasent surprise ahead of the multiplication Smiley
sr. member
Activity: 378
Merit: 250
Oct 31 payout conversion (FIX) sent out as well.  Once again Chris handles his business. 

This was the dual mod/share issue? good news for the folks that got hit by it.
legendary
Activity: 1174
Merit: 1001
Oct 31 payout conversion (FIX) sent out as well.  Once again Chris handles his business. 
sr. member
Activity: 378
Merit: 250
This is like the 12th or 13th week of regular payments... I think 12 weeks must be when most of the angst stops... that plus being close to full ROI for initial & reinvestment (doing the math on this now) now it's just boring again (knocks on wood)

sr. member
Activity: 420
Merit: 250
- Right now, there are some delays handling support cases. Please insert ‘on-hold’ keyword into your message when contacting support about on-hold orders. Please use ‘payout’ when reporting any issue with payouts.
- Referral payments will be sent Tuesday Nov 4 (instead of Monday Nov 3.)
 Regards,
Chris
__________
Ok, received it at last.


  referral payment is sending out now.
newbie
Activity: 43
Merit: 0
- Right now, there are some delays handling support cases. Please insert ‘on-hold’ keyword into your message when contacting support about on-hold orders. Please use ‘payout’ when reporting any issue with payouts.
- Referral payments will be sent Tuesday Nov 4 (instead of Monday Nov 3.)
 Regards,
Chris
__________
Ok, received it at last.
sr. member
Activity: 378
Merit: 250
I think we'll just be stuck with DRK mining at that point... nothing has been announced yet as to if anything will be added...but VTC has been so good everyone's DualMODs should have ROI'd by the switch... combined with multiplication i'll just look at it like i can mine some DRK for free.
legendary
Activity: 1174
Merit: 1001
is there some sort of multiplication today?

Not today, it's scheduled for the 5th. But I wouldn't be surprised if it gets pushed back a couple of days (last one also was delayed)... some users who had DualMODs were reporting some issues with payouts in shares this past week... which also might explain why affiliate payments are pushed back as well if he's addressing that issue.



Yes, seems he is still processing the convert to shares issue.  I have an unresolved ticket in.  It just seems the conversion falls on the low side when factoring in the DualMODs. 

Have you read anywhere about what will happen with MODs once VTC changes algos?  I guess we will temporarily switch to DRK i just hope we can still get paid in BTC. 
sr. member
Activity: 378
Merit: 250
is there some sort of multiplication today?

Not today, it's scheduled for the 5th. But I wouldn't be surprised if it gets pushed back a couple of days (last one also was delayed)... some users who had DualMODs were reporting some issues with payouts in shares this past week... which also might explain why affiliate payments are pushed back as well if he's addressing that issue.

newbie
Activity: 1
Merit: 0
I just create an account but no 2 step Auth technology on http://ltcgear.com is it on a way?
I'm fallowing your topic and  I'm sure some guys are managing 10000$+ shares how are you confident.
It's time to eat in France i wish you all bon appétit!
member
Activity: 81
Merit: 1002
It was only the wind.
Question to anyone who received affiliate payment.
Does LTCGear pays it on Sunday?
I see "Commissions pending payment USD xxxx " in my account. Order was completed October 23, 2014. But I haven't received it yet.
Any ideas?

UPDATE Nov 2: Referral payouts in BTC (interval Oct23 – Oct 29) will be paid Monday, Nov 3.

Possibly private ones, but likely not on a large scale. I'm still turning a profit with a far more efficient GPU miner, so obviously they're not everywhere.

AFAIK FPGAs running @ private farms in China a few months already.

The way I see it is this: If they have been running a while, and I'm still profitable, then they are no threat by themselves. If they haven't, then they're not running yet, therefore, there's still time.
newbie
Activity: 43
Merit: 0
Question to anyone who received affiliate payment.
Does LTCGear pays it on Sunday?
I see "Commissions pending payment USD xxxx " in my account. Order was completed October 23, 2014. But I haven't received it yet.
Any ideas?

UPDATE Nov 2: Referral payouts in BTC (interval Oct23 – Oct 29) will be paid Monday, Nov 3.

Possibly private ones, but likely not on a large scale. I'm still turning a profit with a far more efficient GPU miner, so obviously they're not everywhere.

AFAIK FPGAs running @ private farms in China a few months already.
Hm, haven't received it today either. I mailed yesterday - no answer.
sr. member
Activity: 378
Merit: 250
A quick note about the upcoming share multiplication and the calculator:

- The main calculator page will not adjust anything based on the multiplication... so you'll either just have to make a note of the estimates before it happens or have another browser to use for pre & post multiplication numbers if estimates are that important to you!

- The ROI tracker *will* compensate once the multiplication happens (at least in theory), so don't worry about changing your share #'s there... but I won't switch that on until after the multiplication actually happens.
hero member
Activity: 938
Merit: 1000
Question to anyone who received affiliate payment.
Does LTCGear pays it on Sunday?
I see "Commissions pending payment USD xxxx " in my account. Order was completed October 23, 2014. But I haven't received it yet.
Any ideas?

UPDATE Nov 2: Referral payouts in BTC (interval Oct23 – Oct 29) will be paid Monday, Nov 3.

Possibly private ones, but likely not on a large scale. I'm still turning a profit with a far more efficient GPU miner, so obviously they're not everywhere.

AFAIK FPGAs running @ private farms in China a few months already.
that's what you think  Grin
(that's the beauty of selling shares rather than hardware...)


Ah my Dom. You're spoiling my fun again Cheesy ( Shsss don't tell anyone Tongue).
legendary
Activity: 1400
Merit: 1050
Question to anyone who received affiliate payment.
Does LTCGear pays it on Sunday?
I see "Commissions pending payment USD xxxx " in my account. Order was completed October 23, 2014. But I haven't received it yet.
Any ideas?

UPDATE Nov 2: Referral payouts in BTC (interval Oct23 – Oct 29) will be paid Monday, Nov 3.

Possibly private ones, but likely not on a large scale. I'm still turning a profit with a far more efficient GPU miner, so obviously they're not everywhere.

AFAIK FPGAs running @ private farms in China a few months already.
that's what you think  Grin
(that's the beauty of selling shares rather than hardware...)
member
Activity: 81
Merit: 1002
It was only the wind.
Mmm, how big is this GPU farm?

It's not GPU, wolf. Part ASIC and part FPGA.

They said X11 - AFAIK, X11 FPGAs are not currently available.

AFAIK, FPGAs X11 haben been running for months already Wink.

Possibly private ones, but likely not on a large scale. I'm still turning a profit with a far more efficient GPU miner, so obviously they're not everywhere.
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