Your point is certainly valid. Hindsight is 20-20. I do think Chris has a solid product though. Would I invest if I was coming across them NOW though having never invested before? Certainly not. Hopefully we get back to steady payouts with the new deposit system though and all of these speculations and anxiety for the last 2-3 weeks will be a moot point. The point is I *DID* invest... so I really can only hope. I have no other choice.

I'm right there with you. UNIX Administrator myself (started with SunOS, BSD, and HP-UX... now doing mostly Linux). Also doing some Dev (C/C++, Perl, PHP, etc).

Started in mining on some VPS servers for fun. Wanted to invest a bit and get a bit more serious... looked into buying miners (because I have free electricity at my business incubator) and came across GAW and cloud mining. Bought some 'haslets' and read hype after hype with disappointment after disappointment on their forums. The Hashtalk forum is mind-boggling to read. Especially after my 100 PayCoins that were promised to be worth $20 each are now worth roughly $3 each. Yet the GAW-army is still strong and all trusting. I look at them shaking my head at how dumb and clueless they are... yet I'm here trusting in Chris and LTCGear. I don't see it as a scam. I don't see Chris at the hype-spinner that Josh obviously is. Chris has never taken a shot (that I've seen) at another mining company like Josh has... it just all seems genuine. He's a complete idiot when it comes to communication and running a company and web site. But that doesn't mean he isn't for real and has a genuine miner that is profitable. Here's to hoping Monday gives light to the truth.

Nor did anyone. Payments were postponed to Sunday. This was already stated.

Its as 'safe' as clear text communication CAN be.

He will most likely get SSL (https) up and working again, but it isn't an automatic process. He will need to re-issue a new SSL cert for the new server. Depending on his cert type, etc. etc. it could take a day or two or more.

With that said... if you aren't many hops away from their server (traceroute to the server to find out) and your network is secure (local network) then you would most likely be safe. Yes you're always open to the possibility of a MITMA, but unless someone is specifically targeting you, or you are in an unsecured area with many 'hops' across internet land to his VPS server, then you'll likely be fine. If likely isn't good enough or you want to error on the side of caution, then I'd just say to wait until SSL is re-established. I would also NOT use TOR if you have in the past, however a VPN should be fine.

How do you figure? Considering BTC's price is directly related to LTC's price. Especially in concern to USD valuation.

You're kidding right? Go back and read the last few pages of this thread.

I got 1.775 BTC this AM. So some, over 1 BTC transactions are going through.

BTC exchange rates have fluctuated and VTC rates aren't accurate (as the note on the site says).

Personally my payout was within 10% of what LTCGearCalc says... which I think is very accurate considering.

You're a funny guy. I've just been quietly watching from the sidelines... I don't know you or sysclone from Adam.

Yes sysclone seems a bit annoying, yes hes an idiot for not confirming his username before having you send shares, and yes maybe he didn't handle everything the best way (calling work, etc).

But he's posted screenshots (being as transparent as possible), helped facilitate with Chris the reversal of the shares to you so you could send to the CORRECT username, and has answered any question presented to him.

The last FACT we have is that the shares were reversed to you. You SAY you sent him the shares (not distinguishing, by the way, if you mean the first incorrect share transfer, or the 2nd corrected share transfer). You wont post screenshots, wont answer questions, wont return money OR confirm shares were sent. You are completely dismissive and arrogant. You seem... frankly... like a shoddy used car salesman (the image you portray fits reality, no?). Again, I don't know either of you but I'd never trust you with my shares or BTC, I'd never buy anything from you and I'd be sure to alert anyone else that may become scammed by you (you owe me nothing, but you owe any potential customer complete transparency, and you've in almost exact words told your customer, syclone, that you have no intention of being transparent). Its sad that another user on the forum had to fix your problem by giving up their OWN shares to syclone.

If one thing is clear from all this drama... it's that you weren't the one scammed or taken advantage of.

BTC payouts received.

First BTC payment just came in (10:11pm EST 12/12/14)

From Litecoin Talk forum:


Looks like we'll be waiting for awhile.

1118pm EST and still haven't received BTC. Hoping hes just backed up

Totally agree that having control over the hashing power should cost more. Although I'm happy with LTCGear and the ROI I've already received... but I could see how its not for everyone (cannot pick pools, cannot get daily payouts, etc).

But how do you compare your service to say GAW Miner's Hashlets? I'm a prospective customer (of yours, or any new cloud hashing provider) and really interested in hearing your response. I'm a big supporter of cloud hashing and really support more competition in this space. If you can sell me on why I should pay almost double what GAW's pricing is... then I'll be happy to make an investment with your company. Otherwise I'll be continuing to put my investments into Genesis Mining, GAW, and LTCGear.

If they don't wish to use your affiliate link, they can also go to this straight link: http://ltcgear.com/product/asic-share-1k6x/

He's asking if there is a charge to use the API.



hoop - No there is no charge to use the microwallet API services or their open source faucet software. However you will be responsible for the hosting of the faucet site, as well as funding the faucet.

Still available?

I'm committed to trying Genesis-Mining... but not more than $150 on my first go... and not paying $10 for a wire transfer since I'm only committing less than $150 to try out a new vendor I don't know much about.

I don't mind jumping through hoops to pay (only accepting DOGE, or PayPal, or Coinbase, or CC, etc) but I'm not going to eat a $10 bank fee... From the looks of this thread... others aren't willing to either.

I highly suggest you relay that to Marco. It looks like you already have (and hes already trying to rectify the situation) but the reality is he could even accept BTC in less than 5 min. There really is no excuse.