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Topic: SCRYPT mining contract from CryptoCurrency Inc. $25 per 1,000 Kh/s. (Read 2010 times)

legendary
Activity: 812
Merit: 1002
Scrypt mining will start on December 01, 2014.

So basically when this amount of hash power is nearly useless by then. Difficulty will be so high, you'll never be able to ROI in the contract timeframe to make back $25.
newbie
Activity: 42
Merit: 0
sr. member
Activity: 476
Merit: 250
Make sure you read the website fully.

It says mining starts December 2014

Latest update on Cryptocurrency Inc. web site:

Scrypt mining will start on December 01, 2014. That is only our estimate date when we will receive our miners from Kncminer. The official mining date can be earlier than December 01, 2014. Cryptocurrency Inc. will keep you notify via email and on this site. Pre-order for only $25 for each 1,000 Kh/s. That's $0.025 cent per each 1 Kh/s.

Please note that each 1,000 KH/s is the same as 1 Mh/s scrypt mining contract.
sr. member
Activity: 476
Merit: 250
Scrypt mining contract from Cryptocurrency Inc. currently priced at $0.025 cent per 1 Kh/s.

Price has been reduced to only $25 per each 1000 Kh/s.

What a scam. No other way to explain making your price 1/3 what it was a week ago.

No, it's not a scam. When it first launched it was at $75 per 1000 Kh/s.
But no one purchase, so I had to reduce the price down to $25 per 1000 Kh/s.
It's a July 2014 summer sale!
legendary
Activity: 1036
Merit: 1000
Scrypt mining contract from Cryptocurrency Inc. currently priced at $0.025 cent per 1 Kh/s.

Price has been reduced to only $25 per each 1000 Kh/s.

What a scam. No other way to explain making your price 1/3 what it was a week ago.
sr. member
Activity: 476
Merit: 250
Scrypt mining contract from Cryptocurrency Inc. currently priced at $0.025 cent per 1 Kh/s.

Price has been reduced to only $25 per each 1000 Kh/s.
full member
Activity: 168
Merit: 100
december..... so no profits until then?
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
Make sure you read the website fully.

It says mining starts December 2014
hero member
Activity: 980
Merit: 1000
www.DonateMedia.org
How profitable exactly is 1 KH/s? Isn't that only 1,000 hashes per second, and a GH/s is one million? Why would somebody choose you over someone who offers a GH/s and for cheaper?
Well this looks like a scrypt rental for scrypt coins (Litecoin, Doge, Feathercoin) and so far ASICs don't go into GH/s yet. I assume you were thinking about SHA-256 (Bitcoin) rentals? Wink
hero member
Activity: 644
Merit: 500
How profitable exactly is 1 KH/s? Isn't that only 1,000 hashes per second, and a GH/s is one million? Why would somebody choose you over someone who offers a GH/s and for cheaper?
hero member
Activity: 980
Merit: 1000
www.DonateMedia.org
Quote
It is a new start up company own by His Majesty the King Cuong V Truong.

 Roll Eyes

The order page states $100/MHs as the pre-order price, and $200/MHs for retail price. When will pre-orders start mining then?
sr. member
Activity: 266
Merit: 250
Sorry I don't really understand. Wouldn't you guys be running a loss if the profit i make on the contract is more than the contract itself?
sr. member
Activity: 476
Merit: 250
SCRYPT mining contract from CryptoCurrency Inc.
http://cryptocurrencyinc.com/

Each contract will mine 24x7 for six months.
Only $25 per each 1000 Kh/s.

CryptoCurrency Inc. automatically mine the most profitable scrypt based coins.
Your pay out will be converted to Bitcoin.

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