3/19/14

New LTC commodity exchange opens, cloud LTC hashing just got serious!

Many crypto fans has been mining at cex.io and scrypt.cc, but now comes the best of each of them wrapped into one: LTC cloud mining with a eerily familiar interface.

As LTC was just added to huobi while cex.io just got a pure LTC mining pool after a week of 1.25x and 2x bonus awards as well, and with LTC clound hashing at markets.cx, LTC is gaining momentum.

All those three links are referral links, btw, so if you sign up, I get some trading bonuses from the services. (does not cost you). You can then refer users for personal bonus.

I worked out that selling my khash at scrypt.cc gave me BTC 0.64 and then I exchanged LTC 22.3 at cryptsy and then sent that to markets.cx deposits. I went from 440 khash on scrypt.cc to 1012 khash on markets.cx :) That is rather sweet.

3/10/14

Scrypt.cc Profit Analysis

What is Scrypt.cc ? In the same way that you can rent SHA256-based ASIC mining power at cex.io, you can rent scrypt-based computers at a per-Kh/s rate. This site mines various Altcoins and exchanges them for BTC for you. You can then withdraw that BTC at any time.

This is just a preliminary analysis of the potential income on Scrypt.cc so far. I've been renting hash power there for about a month now, and it looks fairly good.

It is a fairly new website, and it is under development. They plan to add more control to the users, for example to choose which types of coins to mine.

When I joined, the stock price was B0.00144, but when sold out, prices rose to the B0.00155 range.
The income varies a lot. You get mining rewards every 10 minutes, like this:

Mining rewards are paid every 10 minutes. For me, at my speed, it varies between 0.0000100 and 0.0000300.
This is just the raw data logged for 5 days
The BTC income on that list can vary up to 200%, so I spent a week logging the estimated income from the Scrypt.cc dashboard. 


The 'Conclusion so far' column shows my own monthly estimate, while the average Scrypt.cc estimate is under the 'Scryot.cc Profits Average' column. As you can see, we differ by just B0.001.

The reason I am interested in renting is because summer is coming, and I cannot justify keeping 1000 watts running just for mining. That is only worth it during winter. Want to sign up at Scrypt.cc ? Just click that banner. It's a referral banner that will get me a little extra bonus. And so will you if you pass on you own referral link. The site is a bit unclear as to where the bonus comes from; some people thought it came from the referee's own money but the devs themselves clarifed this in a chat with me. The bonus comes from the pool itself ! So don't worry!



3/9/14

Trying to rent out my Antminers!

bitcoinminingmarket is a leasing site where you can rent out your mining gear, like betarigs and leaserigs.

Here is my humble rig for rent:: Mining speed 4GH/s 24h rental on stable EU server


The site is snappy and responsive and is easy to use. I've had no luck so far, but I've had the account for under 24 hours.