Quote from: cryptodevil on July 11, 2015, 01:21:52 PM

Quote from: ilic on July 11, 2015, 10:19:59 AM

khash price plumetting at the moment, down to 260sat.

not sure why people are dumping, i just bought another 20,000 or so at around 280 average.

once rewards get increased again which they will (just like always) the price will go back up to 500-1000 range again.

crazyness.

Craziness? No, perhaps some sanity is setting in as people realise the truth that scrypt.cc is lying about their mining which means you are all being sold 'KHS' that is simply a number on a screen with nothing of substance behind it.

Too true!

My daily payout just gets less and less, yet Scrypt mining should be profitable at the moment and with over 120 MH/s I should be getting quite a nice amount each day but am not. When KHS price was higher then I got a better payout but as it gets lower I get less but it should not be like that. KHS price shouldn't be related to how much mining payout I get each day, but it is. 120 MH/s should be 120MH/s no matter how much or how little the mining power is being traded at on the market.

For example look at it this way. I go to a Shop that sells Scrypt Miners. I see one that does 120 MH/s and I purchase it for 200 USD. I go home and it hashes away at 120MH/s for me. A week later I go to the shop and they have a sale on. Theyre selling the same miner for 150 USD. I do not go home and expect my mining payouts to be less because the shop that is selling the miner is selling them for less. So why should the price of KHS affect the hashpower I am supposed to have??

To me KHS does not mean hashpower here, it is something else,

Ian