LTCGear: What’s going on?
If you peer over to Litecointalk, a forum dedicated exclusively to Litecoin, LTCGear has been a rather infamous topic for the last couple of months. LTCGear started by a member by the username Beekeeper, also known by his real name Chris. When Chris started the service, members both senior and junior ravished over its profitability, legitimacy and was always out of stock due to these reasons. Then starting in December of last year, LTCGear started acting up. Payments were paid out to some people, but not to others. Payments then were delayed or late, but then stopped altogether. Chris’....
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Cloudhashing or Cloudmining, the process of paying someone else to mine BTC for you, has been popular since the rise of CEX.io's Ghash service. Numerous alternatives have risen to compete with Ghash such as Hashie and LTCGear. Many cloud mining sites have been revealed as poorly designed ponzi schemes over the last year, as anticipated by Gavin Andresen. It seems we might be seeing more now. Update: LTCGear's website is back online, though no payouts have been received. Also read: Gavin Andresen Suspects Ponzi Schemes in Bitcoin Cloud Mining. Hashie Playing Games? While literally no....
Two cloud-mining sites, Hashie.co and LTCGear have seemingly up and vanished. While LTC later reappeared, no payouts have been received and the website is bearing no further details. Cloud-mining is always a risky business, as it involves others mining bitcoin for you. Many who don't fully understand cryptocurrency look at the process as a positive action in the sense that they can reap the rewards without performing the "labor." With that said if you can't trust yourself to get things done, who can you trust? Several cloud-mining platforms have been revealed as defective or as hidden....
While the price and attention has subsided substantially, Litecoin has gone through a lot of the changes over the last couple of months. I’m here today with Andrew Vegetabile from the Litecoin Association to talk about things that have been happening in Litecoin in the past few months. Since our talk in Februaryregarding LTCGear, how has Litecoin changed? There have been a number of activities and events that has happened since February between major events with Litecoin itself as well as Litecoin Association news and some other miscellaneous things. As I write this, the Litecoin network....
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If we want to know what’s really going on in El Salvador, asking a Salvadoran is the way to go. Our first From The Ground report had phenomenal information, but there are details that only a local can provide. Luckily for us, the “Bitcoin en Español” podcast, a Swan Bitcoin production, had the Salvadoran guest […]