Re: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, Not paying!!!
What are you people talking about? Characteristics of what? Miners? What miners?
So I'll summarize the whole important thing for you. Not clear what miners yet but Chris offered everyone an "exit" strategy for those who dont want to pay the nonsense maintenance fee to reactivate weekly payout anymore. This "exit" strategy converts your shares as well as the 2nd gen to an ASIC boards , which has no clarification yet on what kind of miner is it . Also that it is not even clear yet about the shipping fee or the other stuff and it will be all revealed on the Q&A that has been promised 3 weeks ago( you can expect it to be much longer )
Some people made a guess on what type of miner it will be so here it is( post above yours but requote it and deleted some words on it ). Highly unlikely that it will be Vipers but Chris mentioned a few times in the past that he used his own chips and make his own boards so we can expect something similar or it could be totally different.
This is pretty much grey area because people are left without any explanation nor clues on what is going on. I suspect that It will be weeks before the Q&A and it will be months later before the shipping ( if he really decided to ship them off , I doubt that this is another stalling strategy from Chris )
47 pre-gen 2 units converted to 1 ASIC unit and there are 23 2nd Gen shares left.
well we know at least one thing: each 10 shares are the equivalent of 30 Radeon 290 Lyra2RE .
So his 1 unit ASIC must be 47/30 = 1.5 x 30 = 45 MHs = one 50 MHs unit from Alpha Tenchology Viper (Alpha-t.net):
https://alpha-t.net/product/scrypt-asic-miner/
The 50 MHs unit is underperforming according to tests and is running at 45 MHs
well we know at least one thing: each 10 shares are the equivalent of 30 Radeon 290 Lyra2RE .
So his 1 unit ASIC must be 47/30 = 1.5 x 30 = 45 MHs = one 50 MHs unit from Alpha Tenchology Viper (Alpha-t.net):
https://alpha-t.net/product/scrypt-asic-miner/
The 50 MHs unit is underperforming according to tests and is running at 45 MHs
Thx for you summary but I ask the same question again, WHAT MINERS? Nobody has ever seen any miner designed by Chris, no blockchain proof of mining, no hash fluctuations when he promised to switch his "farm" off. All in all, not a single credible piece of evidence about mining. So, discussing about characteristics and delivery of non-existing mining is wasting of your time and energy. That man has broken every promise he has ever given to us and you discuss about him shipping ASIC boards to you?
WTF. ahh I didnt realized that you mean to ask this for sarcasm, I thought you are asking question as you dont know how thing has progressed up here . As for the bolded part, I've read it somewhere in litecointalk that Chris used to sell physical miners to few forum member instead of offering cloud *ponzi* mining but It seems I lost track on it
if there is any possible way to get his ass thrown in jail.
There is, only if some Romanian victim goes to knock his front door but I didnt see any latest action regarding this ever since the report of someone had his account cleared with 1 LTC balance in it
IF i would get paid for the last 7 months id happily remain a customer of his and even pay the outragious Fee but i do NOT expect this to happen.
Everyone here is falling into depression. We have waited months for him even let him have the benefit of doubt but again he dissapoint us with all this nonsense . No one will be paid, I can almost ensure this because if he really intend to pay us up then he would have done so few weeks ago but the fact is that the nonsense fee is only to resume mining