PSA: scrypt.cc is a scam, most likely of the "ponzi" variety. You will lose your money if you try to "invest" or "play" or whatever you want to call your participation in this shitshow. You've been warned.More info here:
https://bitcointalksearch.org/topic/scryptcc-is-provably-lying-about-their-850ghs-scrypt-mining-11025601. Investor fraud began immediately when Marcelo advertised he was selling shares on a mining farm when no mining was taken place. This is investor fraud by US law and likely in other jurisdictions. From the front page of ScryptCC as of 9/2/1025:
Scrypt.CC | Purchase MHS in a matter of seconds, start mining right away and even be able to trade your MHS in real time with prices based on supply and demand!Our custom software mines the most profitable coins!
Most cryptocurrencies that are mined by computers use a ‘proof of work’ algorithm, designed to make them prove that they have invested the computing power in producing the coins. Bitcoin uses SHA–256, but many alternative coins (altcoins) use another system, called scrypt.
Scrypt.CC was created to make mining scrypt based coins accessible to everyone without huge upfront costs, no huge electricity bill at the end of the month, no worries with hardware failure, no babysitting the machines 24/7. We take care of all of that for you!
2. The 850 Gh/s claimed which is now closer to 6000 Gh/s, cannot be accounted for on any Scrypt coin network and coin liquidity analysis on exchanges does not show volume sufficient to exchange enough Scrypt coins to support Bitcoin payouts on this site:
https://bitcointalksearch.org/topic/scryptcc-is-provably-lying-about-their-850ghs-scrypt-mining-11025603. Rewards have steadily diminished now for months, despite significant improvements in Scrypt mining conditions. This resulted in a price drop and extended many people's ROI into neverland. Conveniently both SccStats and MSGRelay have deleted all the KHS history and now only show a few days of MHS history.
4. Many people had 37,000 KHS mysteriously removed from their accounts. This has not been explained or corrected:
https://bitcointalksearch.org/topic/m.12218831https://bitcointalksearch.org/topic/m.12151050https://bitcointalksearch.org/topic/scryptcc-scrypt-cloud-mining-444495https://bitcointalksearch.org/topic/m.12151152https://bitcointalksearch.org/topic/m.12151183https://bitcointalksearch.org/topic/m.12151196https://bitcointalksearch.org/topic/m.121513255. Many people have had multiple support tickets deleted with no resolution:
https://bitcointalksearch.org/topic/m.121511736. Many people have had withdrawals cancelled and/or shown them as processed when they were never sent:
https://bitcointalksearch.org/topic/m.12298508https://bitcointalksearch.org/topic/m.12288899https://bitcointalksearch.org/topic/m.12288972https://bitcointalksearch.org/topic/m.12286562https://bitcointalksearch.org/topic/m.12218846https://bitcointalksearch.org/topic/m.12218875https://bitcointalksearch.org/topic/m.12219039https://bitcointalksearch.org/topic/m.12219078https://bitcointalksearch.org/topic/m.121891827. When KHS was converted to MHS, the overall availability went from 850 "GHS" to 6000 "GHS" with no explanation
7a. During this conversion rounding was used and many people lost KHS
7b. Once the conversion took place, the commodity was immediately devalued below the 100 satoshi per KHS threshold once again devaluing portfolios:
https://bitcointalksearch.org/topic/m.122261518. At multiple points, many people have had auto-invest force turned on, resulting in additional loss of accrued BTC:
http://bitcoinist.net/cloud-mining-provider-scrypt-cc-drains-bitcoin-user-balances/https://bitcointalksearch.org/topic/m.12288899https://bitcointalksearch.org/topic/m.12290220https://bitcointalksearch.org/topic/m.12291203https://bitcointalksearch.org/topic/m.12286569https://bitcointalksearch.org/topic/m.12286562https://bitcointalksearch.org/topic/m.12219039https://bitcointalksearch.org/topic/m.12219078https://bitcointalksearch.org/topic/m.12219252https://bitcointalksearch.org/topic/m.12219411https://bitcointalksearch.org/topic/m.12213273
