Topic: Scrypt.CC | Scrypt Cloud Mining - page 398. (Read 750572 times)

ayyyyyyyyyyyyy finally added

My funds were hanging for over 2 days, but yesterday my funds was added to my account... Hang in there, i'm not completely conviced this isn't a scam site, but at least for now, it seems to keep on running 

still waiting  want to buy some Khs

Best is re-investment. Of course it is, that makes the ponzi scheme work for longer.

After all, the numbers on their screens don't actually relate to anything tangible, do they SpanishSoldier/GermanGiant/RussianRainbow?

Your multiple ponzis only have to cover for when somebody withdraws and, even then, they often will only withdraw to test they can and then immediately 're-invest' it back in for more 'profit'. That's why the scams get to run for so long. That you are clearly running more than one Ponzi scheme, given the fact you've already been caught out for that back in January, obviously gives you and your buddies more flexibility to adjust for if there is a little panic-run on the withdrawals you just move funds from one ponzi to another to cover any shortfall and count on the fact that, once people see they can withdraw, they'll mostly send it all back again to one of your scam ops at least, which is all you need.

I will say it again, for all you people attempting to claim the 'hashing' looks correct, there is NOWHERE for 850GH/s of hash power to exist within the Scrypt mineable altcoins because the public pools of actual real miners hashing already show sufficient power to cover for the total combined hashrate.

This is not bitcoin mining, 850GH/s is a massive amount of hashpower for Scrypt and only if there was a 850GH/s shortfall between the public Scrypt mining pool rates and the total Scrypt network rate for all coins then maybe you could claim that this was where scrypt.cc's claimed hashrate could be.

But there isn't an 850Gh/s gap between the total public hashrate and the total Scrypt network hashrate.

So what do you think you are actually doing 're-investing' other than allowing scrypt.cc to move the numbers around on the screen to make you feel like you actually are doing something tangible?

Take a look at sccstats.com or msgrelay.com. The reward is stable since some days at 12.94xxxx only the last digits are changing over time. Thats a normal progress based on altcoin prices and mining luck of the past 10mins.

ltc prices are also a factor in rise and fall of rewards

Best is re-investment. That makes your investment worthwhile. Have a target for each investment. Achieve it through re-investment. And then withdraw. Simple...

The problem here is we have no clue as to how the altcoin to bitcoin conversion is talking place. That is, what is being factored in.  Regardless of whether or not SCC is (or is not) mining, this is likely a config file that the admin is changing a variable or multiplier to adjust the rewards.  And there is likely a randomizer in there to help give the appearance of varying rewards.  

Good math though =)

I think I disagree. It would be better to have auto-invest on until the break even point. This way u could reach break even faster than the expected 86 days or invest much less in order to reach a certain goal within the 86 days  


My calculations currently yielded 12.85 average satoshi per KHS for my recent 300 minute interval... I've been preparing an excel with calculations in a 30 payment interval (300 minutes). My interval started more than 10 minutes before my most recent KHS auto increment and more than 10 minutes after the second most recent KHS auto-increment, in order to factor out the re-investment (as if I had auto invest off). These were my 30 payments not affected by auto-invest for my 468 KHS:

 revenue/468KHS/10mins
 0.00000042075138584934
 0.00000042074868699279
 0.00000042074872904345
 0.00000042074828634674
 0.00000037867385916729
 0.00000042074871562773
 0.00000042075139498238
 0.00000042075139749561
 0.00000042075385724815
 0.00000042075404792488
 0.00000042075138724822
 0.00000042075140016707
 0.00000042075138276795
 0.00000042075368151698
 0.00000042075396991020
 0.00000042075126527177
 0.00000037867857501019
 0.00000042075404620521
 0.00000042075375217419
 0.00000042075393954483
 0.00000042075405194585
 0.00000042075137748805
 0.00000042074873359145
 0.00000042074606277229
 0.00000042074873762614
 0.00000042074873468968
 0.00000042074607168006
 0.00000042074606993548
 0.00000042074606336479
 0.00000042074606361884

I split the 300 min interval and calculated the average of the first 15 payments and the average of the the next 15 payments. for my 468 KHS the first 15 payments average was  0.00000041794614548592 BTC and the average of the next 15 payments was  0.00000041794490299459

The payments per 10 mins had dropped from the first 15 average by
(0.00000041794614548592 - 0.00000041794490299459) = 0.00000000000124249133

That is a percentage revenue drop for every 150 minutes per KHS
(0.00000041794614548592 - 0.00000041794490299459) / 0.00000041794614548592)
=  0.00000297285031599815 =  0.000297285031599815 %

There are 24 * 60 / 150 = 9.6 intervals of 150 minutes in 24 hours

Therefore, using the compound interest formula the expected compound revenue decrease rate per KHS is

(1 + 0.00000297285031599815)^9.6 - 1 =  0.0000285397278616539 =  0.00285397278616539 %

and the expected monthly revenue decrease based on this 300 minute interval, would be

(1 + 0.00000297285031599815)^(9.6*30.5) - 1 =   0.000870828229561749 =  0.0870828229561749 %

and the expected annual revenue decrease rate would be:

(1 + 0.00000297285031599815)^(9.6*365) - 1 =  0.0104712963079583 =  1.047129630795830000 %

So ur wrong, it does decrease over time (which it should) due to the expected decrease of efficiency of the ASIC miners due to the rising difficulty of mining, although quite a little.

Therefore id someone is making 10 USD, EUR, BTC every 10 minutes right now from the invested KHS (without auto-invest), after one year, he should expect to make
(1 - 0.0104712963079583) * 10 =  9.89528703692042 USD, EUR, or BTC accordingly.

Ffffweehhh...   that took some time and brain hashing power, but now I feel better and more confident that my revenues wont disappear very quickly... Of course this is based on the specific 30 payments throughout the specific 300 minutes... but it will have to do...  

P.S. I hope my post is not against the rules. If I'm wrong, or if I have any mathematical mistakes (I'm not perfect) please let me know and I will edit it ASAP.  

They had an power issue. After the issue the reward per khs dropped from 17.7 to 5.8 satoshi per day. Now it's back stable at 12.95 satoshi per khs per day. I would say the reward will not drop. And if it does you still can sell the khs you gained with autoinvest and withdraw that amount in addition to your 10min rewards. Also as i were you i would turn auto invest on if i got my roi. Not one day before. Too much risk...

Are you sure the payout/KHS does not drop?
The reason I ask, is that if I kept re-investing my BTC into KHS (growing) and until I reach a certain amount of KHS and then decided to just cash out the BTC revenues per 10 mins, would these BTC remain steady? Wouldn't they revenues just start to drop after a while as difficulty increases like all physical miners?

My concern is that the only thing keeping my generated BTC per 10 minutes revenues at the current rate is that I keep re-investing... The problem is I can't see much difference because I am currently working with only 468 KHS, I do however see some fluctuations in my satoshi revenues between the 10 min intervals...

its tough to understand the trading ups and downs
only best thing is patience........thats all I can say

Mining rewards are actually supposed to change in a radical manner, in value and in time of appearance. This applies to HashNest, for example. But on Scrypt.CC rewards are strong and steady, every 10 minutes the payout only depends on the KHS you currently hold. If you don't reinvest it won't drop, but it won't grow either. There are some tiny highs and lows / delays now and then, but they are steady and very punctual 99% of the time.

This is not advertisement, since I cannot explain how they manage to do it without going the Ponzi route. What is nice is that if you reinvest, you will not only be making more BTC to hold expecting it to gain value, KHS itself floats in value. This can backfire, of course, but in 6 days I made 6% profit only selling KHS, not taking mining into account!

 
My current KHS are from faucets as well. I had ordered my first 2 BTC the same day I signed up (3 days ago). I am waiting for them to come in my Coinbase so I can send some to my scrypt...

I am wandering though: Would the 10 min pay out drop if I do not keep reinvesting my BTC in KHS?

Oh you are a big player there. Did you take a look at their leader board instead of advertise your many khs?
I have gained all my BTC from faucets and even i have 3258khs.

I believe they are mining, or at least doing something equivalent. As u can c in the the screenshots:

I have deposited a total of 0.00509264 BTC



I have the Auto invest ON, and this is how much I am currently making every 10 minutes (about 42 satoshis/m):



Although the price of KHS has dropped since I purchased  3 days ago, If I was to sell out my 468 KHS, I would cash out for 468 KHS * 0.00001092BTC = 0.00511056 BTC



Not sure if it is related, but during the past period that there has been issues for miners to deposit BTC in their accounts, the price of KHS has dropped a lot... I would say it is a good time to buy KHS now if u have already have any available BTC in ur Scrypt wallet.

If you found this useful and would like to join, I have a referral code and link. I'm not sure if I am allowed to post it here though...

I wish Admin could make a presence here as well, especially since I cant chat in the Scrypt.cc chat box (can only read others' chat messages, possibly due to a minimum "KHS to chat limit"). 

I'm guessing he's a busy guy since it seems he's the doing all or most of the work including maintaining mining farm and fixing account and payment issues... 

Are they *actually* mining? This has not been answered truly. Hopefully, you will soon realises their lies but I doubt this ponzi will collapse soon as people keep feeding it.

I have yet to see them leave any questions unanswered when they are online in the chat.

Because most of the things people ask to them are undeniable.