Scrypt.CC | Scrypt Cloud Mining - page 450.

galdur

hero member

Activity: 616

Merit: 500

Quote from: Drumble on May 14, 2015, 11:58:34 AM

Quote from: galdur on May 14, 2015, 11:45:41 AM

Well, according to the rankings the top 20 hold something like 70% of the floating hash trading there. I don´t know whether they need to unload as such but certainly they´re sitting on substantial investments from which they probably want to extract regular earnings. Which requires selling and withdrawing and which of course also requires buying if the price is to hold up. Now that the ROI is up to 115 or so days that may be more of a problem than before. Good luck, g

Is there anywhere I could see the numbers of the hash trading of their site? I'm just a noob and jumped in less then a week ago.

Not really an expert here, others on this thread are much more knowledgeable I´m sure. But according to the Admin 500 GH/s of Scrypt are held by users and trading between them. And he has 350 himself which he presumably plans to sell at a later date. As for the top holders it´s under rankings there at the site.

ThorSWO

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Activity: 210

Merit: 100

Quote from: alienesb on May 14, 2015, 12:09:08 PM

Quote from: ThorSWO on May 14, 2015, 12:06:45 PM

Quote from: Danz0r77 on May 14, 2015, 11:10:41 AM

Looks like someone is desperately trying to keep the price high. It's got to fall sometime though.

I don't see any whales selling, just a lot of whales buying.

Nobody is buying now, looks like all auto-buys.

I disagree. I just sold 28BTC worth of KHS @ 698 I bought @ 453 On the day that mining stopped. I submitted the order and went to take a shower came back and was sold.

alienesb

hero member

Activity: 868

Merit: 1000

Quote from: ThorSWO on May 14, 2015, 12:06:45 PM

Quote from: Danz0r77 on May 14, 2015, 11:10:41 AM

Looks like someone is desperately trying to keep the price high. It's got to fall sometime though.

I don't see any whales selling, just a lot of whales buying.

Nobody is buying now, looks like all auto-buys.

ThorSWO

full member

Activity: 210

Merit: 100

Quote from: Danz0r77 on May 14, 2015, 11:10:41 AM

Looks like someone is desperately trying to keep the price high. It's got to fall sometime though.

I don't see any whales selling, just a lot of whales buying.

Drumble

newbie

Activity: 9

Merit: 0

Quote from: galdur on May 14, 2015, 11:45:41 AM

Well, according to the rankings the top 20 hold something like 70% of the floating hash trading there. I don´t know whether they need to unload as such but certainly they´re sitting on substantial investments from which they probably want to extract regular earnings. Which requires selling and withdrawing and which of course also requires buying if the price is to hold up. Now that the ROI is up to 115 or so days that may be more of a problem than before. Good luck, g

Is there anywhere I could see the numbers of the hash trading of their site? I'm just a noob and jumped in less then a week ago.

deephouse650

newbie

Activity: 25

Merit: 0

Quote from: Bitcollector on May 14, 2015, 10:08:17 AM

Quote from: DiCE1904 on May 14, 2015, 08:49:15 AM

Glad you didn't loose too much too. At least it was just profit. I did find is suspicious that the miners could be relocated in a day. The LTC hash rate didn't decline as much as it should of during this "off time" too. That raised from red flags for me as-well

They're not relocated in a day. He said that today. They're not all back on line. A lot of hashing power is still at DC4. He said that today. They're trying to resolve the power issues but they need the lawyers to work it out.

I see how this could appear to all add up, but at the same time - you can't rule out that this is a complete fabrication. For all we know, his name is not really Marcelo Santos.

I'm half IN half OUT at the moment...

galdur

hero member

Activity: 616

Merit: 500

Well, according to the rankings the top 20 hold something like 70% of the floating hash trading there. I don´t know whether they need to unload as such but certainly they´re sitting on substantial investments from which they probably want to extract regular earnings. Which requires selling and withdrawing and which of course also requires buying if the price is to hold up. Now that the ROI is up to 115 or so days that may be more of a problem than before. Good luck, g

Danz0r77

hero member

Activity: 574

Merit: 504

Quote from: SavellM on May 14, 2015, 11:13:21 AM

Quote from: Danz0r77 on May 14, 2015, 11:10:41 AM

Looks like someone is desperately trying to keep the price high. It's got to fall sometime though.

How do you know?
Or where can you see this?

I don't know, just the way buy orders keep appearing at stupid high prices. I guess the whales will want to keep the price as high as possible until they've unloaded.

Rizla2345

full member

Activity: 238

Merit: 100

I had been there about three months but out for now. Can´t really complain much, have some profit to show for it. And there was no problem withdrawing. Going to see how it devolops from here and probably go back in if things settle and stabilize.

SavellM

sr. member

Activity: 305

Merit: 250

Quote from: Danz0r77 on May 14, 2015, 11:10:41 AM

Looks like someone is desperately trying to keep the price high. It's got to fall sometime though.

How do you know?
Or where can you see this?

Danz0r77

hero member

Activity: 574

Merit: 504

Looks like someone is desperately trying to keep the price high. It's got to fall sometime though.

Drumble

newbie

Activity: 9

Merit: 0

Quote from: deephouse650 on May 14, 2015, 09:56:18 AM

Quote from: Drumble on May 14, 2015, 09:44:53 AM

So any news on when trading will start again?

I was finally able to place a sell order. Looks like chat is disabled.

Sold here and withdraw. I have nothing to complain and will be back when things are smoother with the new server.

unitedminers

full member

Activity: 241

Merit: 100

In the chat someone said Scrypt.cc is currently mining only with 500 GH/s and further 350 GH/s are not yet mining. He also said if the rest starts mining the reward will only rise from 6 satoshi/KH to 6,5 satoshi/KH. 350 GH/s means 70% more hashing power. Shouldn't the reward rise also by 70% if the rest starts mining?

Any updates on better electricity rates?

Bitcollector

member

Activity: 65

Merit: 10

Quote from: DiCE1904 on May 14, 2015, 08:49:15 AM

Glad you didn't loose too much too. At least it was just profit. I did find is suspicious that the miners could be relocated in a day. The LTC hash rate didn't decline as much as it should of during this "off time" too. That raised from red flags for me as-well

They're not relocated in a day. He said that today. They're not all back on line. A lot of hashing power is still at DC4. He said that today. They're trying to resolve the power issues but they need the lawyers to work it out.

ThorSWO

full member

Activity: 210

Merit: 100

Quote from: koeberle on May 14, 2015, 09:58:36 AM

Quote from: Gultahin on May 14, 2015, 09:43:05 AM

If they had the werehouse/datacenter already prepared for reciving those machines it should be fast, they are probably stored in the same city and might as well be close places

Admin said that the two datacenters are about 300km apart

I believe he said 500 km but you have to take into consideration the DC receiving the miners already had the GPU miners there. So it's just a matter of unplugging the old ones and plugging the new ones. The infrastructure already existed, it's not like they built a warehouse in 24 hours.

koeberle

newbie

Activity: 3

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Quote from: Gultahin on May 14, 2015, 09:43:05 AM

If they had the werehouse/datacenter already prepared for reciving those machines it should be fast, they are probably stored in the same city and might as well be close places

Admin said that the two datacenters are about 300km apart

deephouse650

newbie

Activity: 25

Merit: 0

Quote from: Drumble on May 14, 2015, 09:44:53 AM

So any news on when trading will start again?

I was finally able to place a sell order. Looks like chat is disabled.

Drumble

newbie

Activity: 9

Merit: 0

So any news on when trading will start again?

Gultahin

member

Activity: 84

Merit: 10

۩۞۩ secondstrade.com ★

If they had the werehouse/datacenter already prepared for reciving those machines it should be fast, they are probably stored in the same city and might as well be close places so i see no problems in that, and about the other one talking about ltc hash rate, i don't think they mine mostly ltc as it's not the most profitable one most of the times, and even if they do 500Ghs would be like that much for scrypt coins hash rate.

deephouse650

newbie

Activity: 25

Merit: 0

Quote from: DiCE1904 on May 14, 2015, 08:49:15 AM

Glad you didn't loose too much too. At least it was just profit. I did find is suspicious that the miners could be relocated in a day. The LTC hash rate didn't decline as much as it should of during this "off time" too. That raised from red flags for me as-well

This is where I'm coming from also. We moved our datacenter from Bay Are to PHX in 48 hours, I'm talking about 20 cages, and that's a full fledged operation on both ends, with 6 months planning. Logistics nightmare. Granted, miners are likely preconfigured and plug and play, that's still a ton of legwork. My theory is that these are likely warehouses, not datacenters. If they in fact are mining.

My story: Started in Feb 2015, and did a combination of withdraws & reinvesting. I was .9 BTC away from ROI, so on 5/13 I took advantage of selling while the prices were in the 900-925 range to dump 100,000 khs and "break even". What's left in my scrypt account I may just pull also.

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