The truth is: it is infinitely more profitable to buy LTC on an exchange, than buying mining shares here.
It is actually "infinitely"
more profitable to mine on free hardware with zero costs for electricity or maintenance.
Alkhara is just another scammer until proven otherwise...
We are ALL scammers until proven otherwise, and even if proven not a scammer that doesn't stop the possibility of still scamming. We are also all purple jellyfish that roll around in wheelchairs stealing old ladies purses while eating ham sandwiches with JUST not enough mayo...unless someone can prove otherwise!
Not defending Alkhara, just saying that I blow money almost daily on stupid stuff, might as well take a risk. We take a risk that the homeless guy we give to isn't going to spend it on booze. We take the risk that we are hungry enough to supersize those fries. We take the risk that the movie are going to see will be good. If you have the money, you might as well spend it on something. There is also risk when buying from the exchange that you will be profitable, but if you bought a month ago you would be wrong. No risk usually equals no reward, but there is still the risk (as that is the first thing mentioned in that sentence).
Brotip: If you calculate mining ROI and you need to correct the USD/LTC price to a more 'reasonable level' (like August 2014, or even November 2013) because this is a bottom, and you're sure as hell not going to sell at bottom.
Actually, to calculate ROI you have to base it off whatever currency you paid in. If you paid 1 BTC then you have to figure out how long will it take to make back that 1 BTC. If you paid 1 BTC when it was $400 and now it's at $200, you still hit ROI when you make 1 BTC even if the dollar value is not the same. 1 BTC = 1 BTC no matter what the current converted value is.
Might I suggest buying LTC on an exchange makes a trillion times more sense than mining?
IF mining was not profitable, then why would ANYONE do it? There would actually be no coins on the market if no one mined them and sold them for a profit. My home mining equipment has all ROIed at this point AND I pay nothing for electricity in my apartment AND it's winter so I have free cooling too. So every coin that I mine is profit and makes much more sense than buying LTC. 100% profit is significantly (not quite a trillion) better than the amount that you can gain or lose buying from the exchange. Cloud mining is a little different, although with LTCGear I have ROIed and so it is all profit at this point as well (if they come back). Once you hit ROI it is all gains from there. If you buy one coin then you still just have one coin.