it isn't cool and i never said it was. i have purchased 75 gh from genesis and only make 12000 satoshis daily. of course it isnt fair. i should make my full 19 cents, but they take their cut and i get nothing. And that is not criminal, its just not fair business...
If scrypt did anything similar it would likely pan out the way it has. if he was only getting money from users, then how the hell is his server still up. That shit take money. If people are withdrawing *period* that depletes the money. and as such no mater how much goes in, if the ponzi gets less than is being withdrawn it shuts down.
Scrypt.cc = ponzi, yeh likely.
scrypt.cc = shitty hash sale for rediculous profit, im not counting anything out...
If you're looking for "fairness," getting into crypto was a mistake for you. This is one of the riskiest most volatile investment sectors out there.
Genesis actually bought mining hardware and has to pay electricity and maintenance costs to run it. Yes your daily pay isn't as much as you would like but it's honest and backed by real hardware from a real company. Why do you think that you should effectively be able to mine for free on their hardware? And yes, since electricity is paid in real dollars and the BTC exchange rate changes, when BTC price is low, mining isn't that profitable. Please explain this idea you have that Genesis should pay you "in full". I'm totally confused. When I buy mining hardware and plug it in, I also have to pay my power bill, etc. If you told me you wanted to buy a share on my miners, why in the hell would I absorb all the OpEx and send you the gross revenue before expenses? That's bad business sir.
Scamzi lied about mining and took people's money. ThorSwallow would have you believe its working fine, but if money an investor intended to withdraw was funneled back into the investment, that's theft. Even if these lost withdrawals do magically re-appear, is Scamtos going to credit people who were forced to buy KHS/MHS they didn't want?
i do know genesis is an actual company, the only problem is the larger up front costs. I own my own hardware. I am also looking at hashnest and buying the units rather than the contract. I wasn't looking for fairness when i started with scryp.cc. And total i have only placed $10 in their trust. I'm not sure what that buys me, prolly a canister of coffee and a pack of filters? The point is, if we are to take down scrypt.cc there has to be a deeper looking at all options.
To point you back to occam's razor, Scrypt.cc has a cited 850 GH worth of scrypt mining. Many uses feel disatisfied about is claim and believe that it is indeed false. The mathematically computational volume would have to be substantialy lower. either A. Scrypt.cc is a ponzi because it has not stated many facts, and many users have experienced crippling errors, or B. scrypt.cc is a bussiness in a rundown hut in the middle of the brazzilian summer, that has many issues. To that end i do not believe we have enough evidence yet to tear him appart.
Yes he has lied, but does that mean everything he has said was also a lie? Has everone who has made a withdrawal since the "Bug" was encountered, recieved refunds if their transaction did not process? And if it was indeed a "withdrawal lottery," i would indeed like to see a snippet of code produce this effect so that i may try it out and therefore aid you in proving him false one and for all.
As it stand we must look to occam's razor and it proves neither is really the end all. We do need to see more than a blurb about missing withdrawals, because to me all of the missing ones occurred in a lapse in a poorly designed code block that cannot handle multiple requests too soon. If you can provide me with a snippet of code that has the possibility of producing random withdrawals then i can see about tesing it in running code for you.
As i see it this code block was a conditional that was not immediately looped back to. Search google for logic branching and looping...