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LTCshare2G: 12th Dividend = 177,000 NXT = 8.85 NXT/share = 1,247,542 NXT to date singapore
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Author Topic: LTCshare2G: 12th Dividend = 177,000 NXT = 8.85 NXT/share = 1,247,542 NXT to date  (Read 106475 times)

mallorcaman

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A reply would be apreciated soon
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kyma

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you all should note that the LTCGear website say's they are migrating servers and doing maintenance... seems like they plan to be up and running soon.

Quote
Server got moved to a different provider.

Not all services are restored, some will be returned tomorrow (as for example, X11 mods and dual mods are not yet visible, same with 2fa).

Please visit your account page and verify your LTC/BTC addresses.
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mallorcaman

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you all should note that the LTCGear website say's they are migrating servers and doing maintenance... seems like they plan to be up and running soon.

Quote
Server got moved to a different provider.

Not all services are restored, some will be returned tomorrow (as for example, X11 mods and dual mods are not yet visible, same with 2fa).

Please visit your account page aIt was found that unauthorised modifications were performed on old servers database. Modifications were performed in such manner to make them undistinguishable from legitimate operations.
Alterations are present in recent database backups too.

In order analyse and clean the database, initiate procedures to identify the sources of alterations and to migrate service from weekly payouts to balance per user and pay on demand, payout, multiplication or other operations will be delayed for a week.

No support via e-mail will be available before analysys is finished.
A support form to report missing payouts shares or orders will be available tomorrow.nd verify your LTC/BTC addresses.
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dolux

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Quote
Quote from: ltcgear.com

http://ltcgear.com/

Database alteration

It was found that unauthorised modifications were performed on old servers database. Modifications were performed in such manner to make them undistinguishable from legitimate operations.
Alterations are present in recent database backups too.

In order analyse and clean the database, initiate procedures to identify the sources of alterations and to migrate service from weekly payouts to balance per user and pay on demand, payout, multiplication or other operations will be delayed for a week.

No support via e-mail will be available before analysys is finished.
A support form to report missing payouts shares or orders will be available tomorrow.
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Klokan

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Quote
Quote from: ltcgear.com

http://ltcgear.com/

Database alteration

It was found that unauthorised modifications were performed on old servers database. Modifications were performed in such manner to make them undistinguishable from legitimate operations.
Alterations are present in recent database backups too.

In order analyse and clean the database, initiate procedures to identify the sources of alterations and to migrate service from weekly payouts to balance per user and pay on demand, payout, multiplication or other operations will be delayed for a week.

No support via e-mail will be available before analysys is finished.
A support form to report missing payouts shares or orders will be available tomorrow.

Huh, what does it mean ? Does anybody have some additional info? I hope it's really "just" technical troubles, but with the current experiences of nXtGen mining boys (they're probably lost their business, no communication for more than month, no dividends for more than month...), any issues of this kind sound somewhat unsettling.

Anyway, Zack, do we have a more detailed statistics about (our share of) LTCgear mining in last week? In other words, do we know how much Chris will pay you the dividends for the past week, when / if the payment process will back into operation ? Thank you!
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hurrikaani

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I also would appreciate update on the situation on the behalf of Cryptographer. I hope he has not driven off a cliff with his mountainbike.  :(
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Klokan

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I also would appreciate update on the situation on the behalf of Cryptographer. I hope he has not driven off a cliff with his mountainbike.  :(

ltcgear.com is completely down now (just "502 Bad gateway" error message here) :-(
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dolux

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ltcgear.com is completely down now (just "502 Bad gateway" error message here) :-(

Below might explain why the site was down.

Quote


Quote from ltcgear.com

Server maintenance
To cope with high server load, server will go under maintenance Sunday for an upgrade. ETA will be announced later.

Thank You,
Chris

It was back up last time I looked.
« Last Edit: December 28, 2014, 07:12:00 pm by dolux »
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Cryptographer

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Hey guys, latest word from LTCgear is we are waiting until next week for payments. If everything is fixed by then we should be getting 3 weeks worth of payouts which will make for a nice fat dividend.

Chris posted this 2 days ago -

"It was found that unauthorised modifications were performed on old servers database. Modifications were performed in such manner to make them undistinguishable from legitimate operations.
Alterations are present in recent database backups too.

In order analyse and clean the database, initiate procedures to identify the sources of alterations and to migrate service from weekly payouts to balance per user and pay on demand, payout, multiplication or other operations will be delayed for a week.

No support via e-mail will be available before analysys is finished.
A support form to report missing payouts shares or orders will be available tomorrow."

Hopefully everything gets back on track when that happens. In the meantime, looks like a lot of people are panicking and dumping shares for super cheap, so if you are ballsy you can make some good moves right now.   Hope everyone is enjoying the holidays and soon we should see things return to normal.
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LTCshare2G - ID 2128300325778905751 ColdHash - ID 11632121299907478243

luggi5711

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Now you can submit a ticket for missing orders/payouts here:

ltcgear.com/support/
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Klokan

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Hey guys, latest word from LTCgear is we are waiting until next week for payments. If everything is fixed by then we should be getting 3 weeks worth of payouts which will make for a nice fat dividend.

Chris posted this 2 days ago -

"It was found that unauthorised modifications were performed on old servers database. Modifications were performed in such manner to make them undistinguishable from legitimate operations.
Alterations are present in recent database backups too.

In order analyse and clean the database, initiate procedures to identify the sources of alterations and to migrate service from weekly payouts to balance per user and pay on demand, payout, multiplication or other operations will be delayed for a week.

No support via e-mail will be available before analysys is finished.
A support form to report missing payouts shares or orders will be available tomorrow."

Hopefully everything gets back on track when that happens. In the meantime, looks like a lot of people are panicking and dumping shares for super cheap, so if you are ballsy you can make some good moves right now.   Hope everyone is enjoying the holidays and soon we should see things return to normal.

Probably they panicking again, today we can see trades at 40NXT/share. Anyway, Zack, do you have some news from Chris/LTCgear, will be payout (from him) today or thru the weekend? Do we have estimates for this week and statistics (of mining ratio, etc.) for the last two weeks?

Thanx & have a nice year 2015 (not just) for all the miners :-)
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hurrikaani

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I dont rly understand the panic sellers. If LTCGear was a ponzi or something, why would they bother keeping website etc. up?

But yeah, i'm not sure how much will we get paid/if we get paid this weekend. There is alot of people who havent been paid and also the multiplication is still unode.

Btw. Something i wondered, if LTCGear pays all the dividends at once, wouldnt this crash the price of LTC pretty hard?
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weekendwarrior

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I dont rly understand the panic sellers. If LTCGear was a ponzi or something, why would they bother keeping website etc. up?


they are stil taking payments. the website running is necessary to continue to perpetuate the fraud for as long as possible.
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hurrikaani

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I dont rly understand the panic sellers. If LTCGear was a ponzi or something, why would they bother keeping website etc. up?


they are stil taking payments. the website running is necessary to continue to perpetuate the fraud for as long as possible.

And this opinion is based on what evidence...?
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Cryptographer

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Hoping that payouts resume this week. By the way, I've submitted support tickets for our missing payments.
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LTCshare2G - ID 2128300325778905751 ColdHash - ID 11632121299907478243

Cryptographer

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Here is the latest post from Chris on the LTCgear website:

"As a reminder, the weekly payments were moved to balance per user and pay on demand, which will become live Monday, Dec 5."

Pretty sure he means Monday Jan 5th :)  So, I expect to be able to withdraw about 35-40 BTC on Monday and make a nice dividend payment covering the past few weeks of missing payouts. I'd guess something like 25 NXT per share.
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LTCshare2G - ID 2128300325778905751 ColdHash - ID 11632121299907478243

semibaron

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In the event of litecoin dying, can the ltcgear hardware be used to mine another coin?
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th4o

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I'm sure he can mine other scrypt coins
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nxt2me

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In the event of litecoin dying, can the ltcgear hardware be used to mine another coin?

From what I've read, yes.

The hardware supports scrypt (Litecoin and Feathercoin), scrypt N (Vertocoin) and X11 (Darkcoin).

Also any other coin that supports these algos.
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hurrikaani

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Someone just sold at 26 NXT / Share.  :o
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