Topic: Review/Journal/ROI Calc of Litecoin GEAR (LTCGear) | LTC/DRK/VTC mining farm - page 9. (Read 71022 times)

The only issue I have with this is a possible delay of the chips. 

8% paying in BTC dicount is gone

It looks like to me he's gonna end the whole thing this time... with this 35%... Hope i'm mistaken.

https://litecointalk.org/index.php?topic=22433.585

This is good news, I have sent some BTC in the past to the donation link on the site. Maybe you can add a LTCgear username for accepting shares as donation? 

In case you missed it:


And, this time it looks like he's gonna shut it down (at least in it's current form) for good. And I already got some PMs again... the Calc site will remain up and running regardless and i'll keep working on it for sure.

Ok, here's the list of upcoming changes for the calc:

Ok, here's the full breakdown for what's coming for the calc. Due to all of these recent announcements from Chris and things like the VTC switch. Here's my list if related issues/changes/updates to the calc site in the coming weeks:

Immediate Issues:
--------------------------

Regard Gen2 Pre-Orders
I will not be adding any mechanism to the calc for tracking the pre-order earnings. When we finally get the announced (and correct) payout for them, we'll all just need to figure out the formula for what a Gen2 Pre-Order Share is worth in terms of qASICs. When we all know what the payouts will be, i'll post a note with whatever formula you'd need to figure it out .

VTC Algo Switch
When it happens, it should be updated on the same day (depending on the timing and how much time that day I'll have). Worse case scenario would be that i'll do that update the following day. But we should be ready to go for the switch on the calc page. Now, on the ROI Tracker... there might be a few, unanticipated things that might affect the accuracy. But as always, i'll try to get those resolved if/when they come up.

The timing for this update is dependent on when Chris updates the final numbers for what the new power of DualMODs on VTC will be.

Upcoming Multiplication (Dec 24th)
Remember that you are responsible for updating your share count on your home page. The ROI tracker already has the mechanism to handle multiplications, so like last time, you don't need to change anything there. I'll post a note on the page when we're close to the date.

Obviously the timing of the multiplication is pretty bad (xmas eve), so I might not be able to make that update until the night of the 25th or maybe the 26th.

Gen 2 Shares
This will be a major addition to the back-end that i've already started working on. My goal is to have it in place for the calculator page when they come online (or shortly thereafter depending on when Chris tells us the final numbers and specific date to when they will be mining).

Initially it might function like the existing calculator, where you select which coin you are mining. BUT, I want to add a "Most Profitable" option that will switch the earnings estimates for you based on the most profitable coin for the week-to-date when you load the page. This will probably happen after they come online, but it's one of the things I really want to implement in January.


Other Features:
--------------------------

The Xardas Laziness Calculator
Once we get through all of these updates, I want to continue working on having the actual payouts displayed on the Calc on Fridays after Chris posts the farm payments... The plan is to have it display all-day Friday from when it's posted to the end of day. This way everyone can see what their actual payouts will be on Fridays (and i'll include the estimated numbers for the week as well, so you can see how accurate/inaccurate it was for the week).

Rewrite DRK estimate routines
This is still something I want to tackle, but all of these other changes are far more important. Will just stay on the "to-do list" for now...

There also have been a number of good, smaller suggestions that i'll look to implement after everything else is done.

A few have PM'd me on various forums about the preorder stuff and the calc. With all of the upcoming changes (VTC algo, Gen2 Multipool) combined with regular work and the holidays, i'm not planning on having anything in place for the calc to handle the preorder product.

Once we know how it's paying out (either 40% or 1:2.5) we'll all just have to manually convert the new products to qASIC values....

I'll have an updated post of all of the upcoming changes in the next couple days....

That's great. Thanks for your reply!

yes you will get that power around the mid of January no exact date known until now
you will not get it NOW
so nobody knows what amount of $ you can out of it in 5-6 weeks when it may start hashing

If I buy a Gen 2 10 unit, will I get 13000kh/s Neoscrypt mining power? Because that makes alot(around 20$ a day).

Thank you sir!

E-mail [email protected] and in the subject headline write, "order 'on hold' but paid in full."

Thanks for the response.

I bought a 3K0 qASIC pack and it has been in an 'on-hold' status for the last 2.5 days.  Over 158 confirmations on the payment already.  I figured that it was an oversight or something, but wanna make sure that it gets fixed before Friday :-)

-enso

That's the best way really... if it's payout/acct related... wait another day or so and try again... if it's something non-serious... likely he won't respond.

What is the best way to get in contact with Chris @ LTC Gear?  I submitted a support request 48 hours ago, and haven't heard anything yet.

I recommend https://litecointalk.org/index.php?board=98.0 if you are looking for that

Also is anyone running a deal where if you buy through their affiliate link they hook you up with free shares?

I read that as meaning they pay 0.4 of the Scrypt speed until he actually gets the chips in mid January.  This would be 12Mhs for the 10 share unit.

Has anyone heard back from Chris what 1/2.5 means? If it means the Scrypt shares pay out as x2.5, that's a damn good deal.

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

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!