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Topic: ... - page 6. (Read 9692 times)

legendary
Activity: 4466
Merit: 3391
May 15, 2014, 12:20:00 PM
#4
Bitcoin cloud mining services provide hashing power in exchange for Bitcoin. Cex.io is perhaps the biggest and most popular Bitcoin cloud mining service. You can buy 1 GH/s of mining power for 0.0071 Bitcoin

Unfortunately, cex.io charges 0.007 BTC per year per GH/s as a maintenance fee. That is about what 1 GH/s will mine in a year!

Profit/loss per 1 GH/s over the next year:

Mining revenue+0.007
Cost-0.0071
Maintenance fee-0.007
Profit/loss-0.0071
sr. member
Activity: 364
Merit: 250
May 15, 2014, 11:50:28 AM
#3
Cex.io: the largest Bitcoin cloud mining service, not a profitable investment - an article by The Cryptocurrency Times http://www.usacryptocoins.com/thecryptocurrencytimes/uncategorized/cex-io-the-largest-bitcoin-cloud-mining-service/

Seems is like just one big scam to me, I kinda figured unless you buy more then 3 TH you really wont make profit the ones that are in the game are the ones who been mining and with half there profits they keep investiing into more hashing power, thats the only strategy is that I see thats how senior miners  been doing it for a while have done it. 
member
Activity: 84
Merit: 10
May 15, 2014, 11:15:30 AM
#2
Bitcoin cloud mining services provide hashing power in exchange for Bitcoin. Cex.io is perhaps the biggest and most popular Bitcoin cloud mining service. You can buy 1 GH/s of mining power for 0.0071 Bitcoin
full member
Activity: 197
Merit: 100
May 14, 2014, 09:10:37 PM
#1
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