Quote from: anthony27boo on June 03, 2015, 04:46:49 PM

@cryptodevil

I think it's important to have people out there that try to explain how mining actually works to people that are brand new to cryptocurrency. That's why I offered evidence to show that scrypt.cc's historical returns are unjustifiable based on the actual profitability of scrypt coins.

But no matter what, evidence-based arguments are answered with complete nonsense. Goldman Sachs was one of several companies that invested a total of $50 million in Circle, a website where you can buy Bitcoin with a credit card. What the hell does that have to do with scrypt.cc? As you pointed out, absolutely nothing.

Scrypt.cc says they paid like $2.50 per ghs for their hash power. That's far less than what it will cost even when next generation hardware comes out. There's no evidence they're actually mining, their returns are not based on reality, their payouts don't vary enough to account for the constant conversion from scrypt to Bitcoin they pretend they're doing, dissident voices are routinely muted in their chat, the list goes on...

These are things that we see and know are clear evidence of a scam, especially considering how easy it would be for scrypt.cc to prove us wrong if they were actually mining. The evidence is out there for anyone to see.

My point with all this is to say, maybe it's time to throw in the towel. The overwhelming tidal wave of stupidity will continue to crash down no matter what.

Huh? scrypt.cc claim to have paid only $2.50 for 1000Mh of scrypt-ASIC hash power? Seriously?

When are they saying they paid this because the first scrypt-ASIC units, the 90Mh/s Innosilicon A2 90's were about USD10,000 in May of 2014 and KnC's 300Mh/s Titan units which weren't even shipped fully working until the end of 2014 cost USD10,000.

You must have misread it, even at $2.50 per MH, let alone GH, it isn't feasible.

Do you have a reference link for where that figure is cited?