Crota Defeated at [b]5 Minutes 42 Seconds
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Useful guide on our setup
Fire team was all 31 but you can do this easily with 4 31's, 3 of them being the Gjallahorns, and 1 relic holder. 30's can be snipers. Is possible with only 1 31 but will take longer and more firepower.
Requirements: 2 Icebreakers and 3 Gjallarhorns. (Dragons Breath may work, have not tested) the clusters from Gjallarhorn are what takes down Crota's shield so quickly.
Sniper Duty: 2 members of the fire team are required to have Icebreakers and all they do is snipe the Knights that spawn at the top towers to the left and right of crota to insure the safety of the relic holder. [b]Sniper stay posted at the exit of the left side near the stairs[/b]
Rocketmen: 3 members fire 1 rocket at the same time to down Crota's shield only when the relic holder calls out his safe location
Relic Holder: once grabbing the relic run to the rock location and call out that you are there so Crota's shield gets destroyed, jump straight up to him (as he is kneeling) spam R2 3 times and immediately jump back down to the rock and call out for Crota's shield to be destroyed again. Rinse and repeat the process until dead.
When Ogres spawn have everyone down in the lower middle building (snipers included) and destroy the ogres, once completed have the snipers return to their stations.
Video pretty much explains itself.
http://youtu.be/6yIhqAOrJC4
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Used same strat was able to nail him 4 times each time. Downed in about 5 mins aswell.