Yep. Total Ponzi Scheme. Payouts are based on current Mhs trading prices. Real shame actually. That was the only Scrypt cloud mining service I could find and of course it turns out to be a ponzi. LOL
Anyone know of a REAL scrypt cloud mining service? Something like scrypt.cc (with trading and such) but, well, not run by a scumbag criminal?
I have my own machines but they are off for the summer. Heat from them just drives my electric bill way too high.
Anyone know of a REAL scrypt cloud mining service? Something like scrypt.cc (with trading and such) but, well, not run by a scumbag criminal?
I have my own machines but they are off for the summer. Heat from them just drives my electric bill way too high.
Would you rent out your miners when they were running for less money than they will generate? Why would you expect someone else to do it?
I'm assuming business do not have the same electricity rates as home owners. Electricity rates are lower in some areas. Someone might have "off the grid" electricity such as wind, solar, geothermal, hydro and many other forms of electricity.
As for myself, the only reason they are off is we are having a rather warm summer this year and the miners create a lot of heat (I have seven 35Mh Scrypt miners and one 2.3 Th Sha256 miner). So my AC needs to run more to offset it causing me to use more electricity. Once the weather cools down the miners actually offset my heating bill thus save me some money there.
Other than that, it's a fun hobby.
Edit: Oops, sorry. To answer your question, yes I would and have in the past using miningrigrentals. If I had the capital and more knowledge of the market I would start up a scrypt cloud service. Right now it seems there is no one else trustworthy doing it so the market is there.
I don't make huge amounts of profit from my miners in the winter, but I do make a profit and that is with no trading knowledge or hunting the most profitable coin. I usually just set them on litecoin and forget them.
