[ANN] CMX - Crypto Mining Index - Buy and Sell Mining Power on Exchanges

MINEX.IO

newbie

Activity: 32

Merit: 0

Quote from: suchmoon on February 23, 2017, 05:08:01 PM

Quote from: Baerhulk on February 22, 2017, 04:58:37 PM

Honestly so many start ups like this fail before they even have a chance and end up looking like scams because of all the naysayers scaring aware prospective investors. Honestly, what would it hurt you guys to put in pocket change in the prospects of exponential growth? Especially when they are putting YOU in control of YOUR funds. I think this is one of the best ideas I have seen to date. It has just enough edge and sense of excitement to attract people worth attracting. And for those of you who try and disprove this by stating the coin basis is just a clone of previous material, honestly, go check yourself. Most physical currency was cloned off one another with similar basis backing it. That in itself should make a venture such as this a little more stable. It is ok to be cautious and even scared by something different guys but honestly you cant have progress without leaping into the unknown. I am all for it and only wish I had more money I could invest into it!! #fowardthinking

Best first post I have seen to date. You should go on a tour with your stand-up routine.

Now just one little problem - how exactly giving money to anonymous strangers on the intertubes translates into "putting YOU in control of YOUR funds"?

Actually there is another little problem - in other threads Minex.io is "a game", how come it's "aggregator of Blockchain projects" here?

It is not giving money to anonymous strangers.

Let me go deeper:

The exact person Konstantin Katsev is the angel investor in the project "Minex.io". On december 13, 2016, in the Minex.io Telegram chat (Board of Directors) Konstantin agree to sell his 100% shares to the new owner - the Minex Board Of Directors - current investors, holders of MinexCoins. The option is valid before december, 31, 2017.

At the moment - the lawyers from the Minex BOD (Renato and Dmitry) - ready to introduce the legal action plan to perform this exact deal.

After this happens - we will have all the papers put together, and crowd fund the Minex Coin, 1 Minex Coin [MNX]= 1 share on Minex Coin LLC

In this thread we discuss the CMX (cryptoMiningIndex) ICO - this is the token, managed by Minex.io. Minex.IO and its BOD (at the moment 161 ppl) we guarantee, that this game is fair enough.

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: Baerhulk on February 22, 2017, 04:58:37 PM

Honestly so many start ups like this fail before they even have a chance and end up looking like scams because of all the naysayers scaring aware prospective investors. Honestly, what would it hurt you guys to put in pocket change in the prospects of exponential growth? Especially when they are putting YOU in control of YOUR funds. I think this is one of the best ideas I have seen to date. It has just enough edge and sense of excitement to attract people worth attracting. And for those of you who try and disprove this by stating the coin basis is just a clone of previous material, honestly, go check yourself. Most physical currency was cloned off one another with similar basis backing it. That in itself should make a venture such as this a little more stable. It is ok to be cautious and even scared by something different guys but honestly you cant have progress without leaping into the unknown. I am all for it and only wish I had more money I could invest into it!! #fowardthinking

Best first post I have seen to date. You should go on a tour with your stand-up routine.

Now just one little problem - how exactly giving money to anonymous strangers on the intertubes translates into "putting YOU in control of YOUR funds"?

Actually there is another little problem - in other threads Minex.io is "a game", how come it's "aggregator of Blockchain projects" here?

traumschiff

legendary

Activity: 1498

Merit: 1001

180 BPM

Quote from: Baerhulk on February 22, 2017, 04:58:37 PM

I think this is one of the best ideas I have seen to date.

You got me loling hard there. When you make a shill acount atleast try to do it a bit less obviously. Best idea seen to date? On a forum staked with projects innovating with smart contracts, iot, instant transactions, lightning networks, etc.? This is the best idea seen to date?

Fucking hilarious.

Baerhulk

newbie

Activity: 1

Merit: 0

Honestly so many start ups like this fail before they even have a chance and end up looking like scams because of all the naysayers scaring aware prospective investors. Honestly, what would it hurt you guys to put in pocket change in the prospects of exponential growth? Especially when they are putting YOU in control of YOUR funds. I think this is one of the best ideas I have seen to date. It has just enough edge and sense of excitement to attract people worth attracting. And for those of you who try and disprove this by stating the coin basis is just a clone of previous material, honestly, go check yourself. Most physical currency was cloned off one another with similar basis backing it. That in itself should make a venture such as this a little more stable. It is ok to be cautious and even scared by something different guys but honestly you cant have progress without leaping into the unknown. I am all for it and only wish I had more money I could invest into it!! #fowardthinking

MINEX.IO

newbie

Activity: 32

Merit: 0

Dear TimeTeller.

We are making Mining Power liquid.

Thats all we do.

TimeTeller

hero member

Activity: 2744

Merit: 588

Quote from: traumschiff on February 18, 2017, 07:57:46 AM

Mining hardware is just as useless if you are not located in China w "free" electricity or some of the colder US state or Iceland or whatever. The ROI margin is so thin that only the biggest players profit from the market or insiders who gain the modern mining equipment pre public release (before difficulites rise). If you would be an insider, you would be mining already with these miners and wouldn't ask for others money first.

As I already wrote, so many red flags it hurts. I see no chance that there will be any profit in a project like this for investors.

That's completely right. And also, if you already have invested in solar panels that will compensate for your high electricity bill at the end of the month. That will surely help. Otherwise, you need to assess which coin will be profitable on top of this bill. And as you said, its "ROI margin is so thin". I fully agree with that.
And I'm glad that you are opening the minds of MINEX.IO, of what kind of project that they will be engaging with before submerging themselves in a deep trouble.

Quote from: traumschiff on February 18, 2017, 12:13:22 PM

Quote

Instead of buying own rigs, you can invest in someone's rigs.

That's exactly what Nicehash does, but without getting involved in a 3rd party issued token/currency. People leasing their mining equipment there get directly paid in BTC, which lets just say, is also superior.

Not sure who came up with your ideas really, but he sure didn't sit down with industry relevant minds to discuss it.

I really, really wouldn't spend my time here if the ideas weren't so utterly bad, believe me. I'm fine with helping out some people to avoid this.

MINEX.IO

newbie

Activity: 32

Merit: 0

Quote from: traumschiff on February 18, 2017, 12:13:22 PM

Quote from: MINEX.IO on February 18, 2017, 11:10:49 AM

Quote from: 0xfff on February 18, 2017, 08:10:40 AM

Why do people interested in all of these cloud mining? Just buy the hardware and mine or buy the coin and hodl.

We are not only about Cloud Mining. We are Crypto Mining Index. You can mine on your own rig at home. You can get funded on Minex.IO, set up your rig, share profits.

Quote from: bathrobehero on February 18, 2017, 08:37:55 AM

Quote from: traumschiff on February 17, 2017, 11:58:08 AM

Worst idea I've ever seen on this forum. Mining contracts are worthless and every cloud mining business is a scam until proven otherwise (earning profit or even breaking even - not counting nicehash here).

Also please correct me, but didn't this J. Blasko simply dev cloned coins and didn't ever implement any advanced features?

Well said and can't really add much more to this.

It's just another new showerthought approach of scamming people and/or total lack of understanding of dynamics in crypto.

Hmm... Do you know how to read, Legendary?
Special answer for you:
- Instead of buying own rigs, you can invest in someone's rigs. Instead of selling mining equipment when you done mining, you can sell tokens. Got it?

My name isn't Legendary, you must be new here. Also your skills in giving explanations sure lack a bit.

Quote

Instead of buying own rigs, you can invest in someone's rigs.

That's exactly what Nicehash does, but without getting involved in a 3rd party issued token/currency. People leasing their mining equipment there get directly paid in BTC, which lets just say, is also superior.

Not sure who came up with your ideas really, but he sure didn't sit down with industry relevant minds to discuss it.

I really, really wouldn't spend my time here if the ideas weren't so utterly bad, believe me. I'm fine with helping out some people to avoid this.

Traumschiff, thank you for this. Sorry for calling you "Legendary" - i didn't wanted to heart you. Your name is not so easy to replicate before knowing you well.

Thank you for explaining what NiceHash is. Thats AMAZING, that there is such a service. Now we can add to our portfolio something legitimate.
Do you really sure, that community trusts this website?

Do you know, what is the ROI there? is it fare?

We are starting to discuss NiceHash investing right now with our BOD.

traumschiff

legendary

Activity: 1498

Merit: 1001

180 BPM

Quote from: MINEX.IO on February 18, 2017, 11:10:49 AM

Quote from: 0xfff on February 18, 2017, 08:10:40 AM

Why do people interested in all of these cloud mining? Just buy the hardware and mine or buy the coin and hodl.

We are not only about Cloud Mining. We are Crypto Mining Index. You can mine on your own rig at home. You can get funded on Minex.IO, set up your rig, share profits.

Quote from: bathrobehero on February 18, 2017, 08:37:55 AM

Quote from: traumschiff on February 17, 2017, 11:58:08 AM

Worst idea I've ever seen on this forum. Mining contracts are worthless and every cloud mining business is a scam until proven otherwise (earning profit or even breaking even - not counting nicehash here).

Also please correct me, but didn't this J. Blasko simply dev cloned coins and didn't ever implement any advanced features?

Well said and can't really add much more to this.

It's just another new showerthought approach of scamming people and/or total lack of understanding of dynamics in crypto.

Hmm... Do you know how to read, Legendary?
Special answer for you:
- Instead of buying own rigs, you can invest in someone's rigs. Instead of selling mining equipment when you done mining, you can sell tokens. Got it?

My name isn't Legendary, you must be new here. Also your skills in giving explanations sure lack a bit.

Quote

Instead of buying own rigs, you can invest in someone's rigs.

That's exactly what Nicehash does, but without getting involved in a 3rd party issued token/currency. People leasing their mining equipment there get directly paid in BTC, which lets just say, is also superior.

Not sure who came up with your ideas really, but he sure didn't sit down with industry relevant minds to discuss it.

I really, really wouldn't spend my time here if the ideas weren't so utterly bad, believe me. I'm fine with helping out some people to avoid this.

MINEX.IO

newbie

Activity: 32

Merit: 0

Quote from: 0xfff on February 18, 2017, 08:10:40 AM

Why do people interested in all of these cloud mining? Just buy the hardware and mine or buy the coin and hodl.

We are not only about Cloud Mining. We are Crypto Mining Index. You can mine on your own rig at home. You can get funded on Minex.IO, set up your rig, share profits.

Quote from: bathrobehero on February 18, 2017, 08:37:55 AM

Quote from: traumschiff on February 17, 2017, 11:58:08 AM

Worst idea I've ever seen on this forum. Mining contracts are worthless and every cloud mining business is a scam until proven otherwise (earning profit or even breaking even - not counting nicehash here).

Also please correct me, but didn't this J. Blasko simply dev cloned coins and didn't ever implement any advanced features?

Well said and can't really add much more to this.

It's just another new showerthought approach of scamming people and/or total lack of understanding of dynamics in crypto.

Hmm... Do you know how to read, Legendary?
Special answer for you:
- Instead of buying own rigs, you can invest in someone's rigs. Instead of selling mining equipment when you done mining, you can sell tokens. Got it?

bathrobehero

legendary

Activity: 2002

Merit: 1051

ICO? Not even once.

Quote from: traumschiff on February 17, 2017, 11:58:08 AM

Worst idea I've ever seen on this forum. Mining contracts are worthless and every cloud mining business is a scam until proven otherwise (earning profit or even breaking even - not counting nicehash here).

Also please correct me, but didn't this J. Blasko simply dev cloned coins and didn't ever implement any advanced features?

Well said and can't really add much more to this.

It's just another new showerthought approach of scamming people and/or total lack of understanding of dynamics in crypto.

0xfff

full member

Activity: 224

Merit: 100

Why do people interested in all of these cloud mining? Just buy the hardware and mine or buy the coin and hodl.

traumschiff

legendary

Activity: 1498

Merit: 1001

180 BPM

Quote from: MINEX.IO on February 18, 2017, 06:54:06 AM

Quote from: TimeTeller on February 17, 2017, 08:36:25 PM

Quote from: traumschiff on February 17, 2017, 01:03:27 PM

You can't diversify risks when it's impossible to ROI from any cloud mining contracts offered from any currently operating business.

There is a market for OneCoin aswell, doesn't make it less of a scam. Also you can't assure liquidity on exchanges on a mid to long term, only investors and market makers can, you won't swallow a loss just to make liquidity.

This project raises so many red flags, it's not even funny that you try to make something like this work.

I am with traumschiff.
Lost a lot of money from cloud mining contracts way back.
I learned my lesson the hard way. Invest in actual hardware instead. At least if everything goes bad, you still have your piece of equipment with you.
But it's up to the investors if they want to take the risk.
And for me, that's a NO NO already.

Thank you for your opinion!
Really, we are investing not only in Cloud Mining.

We invest in mining hardware directly p2p. If you want to set up your own rig - just tell us, you will get funded.

Mining hardware is just as useless if you are not located in China w "free" electricity or some of the colder US state or Iceland or whatever. The ROI margin is so thin that only the biggest players profit from the market or insiders who gain the modern mining equipment pre public release (before difficulites rise). If you would be an insider, you would be mining already with these miners and wouldn't ask for others money first.

As I already wrote, so many red flags it hurts. I see no chance that there will be any profit in a project like this for investors.

traumschiff

legendary

Activity: 1498

Merit: 1001

180 BPM

Quote from: MINEX.IO on February 18, 2017, 07:30:52 AM

Quote from: traumschiff on February 17, 2017, 11:58:08 AM

Worst idea I've ever seen on this forum. Mining contracts are worthless and every cloud mining business is a scam until proven otherwise (earning profit or even breaking even - not counting nicehash here).

CMX is solving this exact issue. You have liquid token. So - if you have even 1 satoshi mined - you can go and sell your token at reasonable price. Get your ROI from selling token. You don't need to wait until you mine 100% ROI.

You can't sell if you have no buyers and you can't guarantee buyers.

MINEX.IO

newbie

Activity: 32

Merit: 0

Quote from: traumschiff on February 17, 2017, 11:58:08 AM

Worst idea I've ever seen on this forum. Mining contracts are worthless and every cloud mining business is a scam until proven otherwise (earning profit or even breaking even - not counting nicehash here).

CMX is solving this exact issue. You have liquid token. So - if you have even 1 satoshi mined - you can go and sell your token at reasonable price. Get your ROI from selling token. You don't need to wait until you mine 100% ROI.

MINEX.IO

newbie

Activity: 32

Merit: 0

Quote from: TimeTeller on February 17, 2017, 08:36:25 PM

Quote from: traumschiff on February 17, 2017, 01:03:27 PM

You can't diversify risks when it's impossible to ROI from any cloud mining contracts offered from any currently operating business.

There is a market for OneCoin aswell, doesn't make it less of a scam. Also you can't assure liquidity on exchanges on a mid to long term, only investors and market makers can, you won't swallow a loss just to make liquidity.

This project raises so many red flags, it's not even funny that you try to make something like this work.

I am with traumschiff.
Lost a lot of money from cloud mining contracts way back.
I learned my lesson the hard way. Invest in actual hardware instead. At least if everything goes bad, you still have your piece of equipment with you.
But it's up to the investors if they want to take the risk.
And for me, that's a NO NO already.

Thank you for your opinion!
Really, we are investing not only in Cloud Mining.

We invest in mining hardware directly p2p. If you want to set up your own rig - just tell us, you will get funded.

TimeTeller

hero member

Activity: 2744

Merit: 588

Quote from: traumschiff on February 17, 2017, 01:03:27 PM

You can't diversify risks when it's impossible to ROI from any cloud mining contracts offered from any currently operating business.

There is a market for OneCoin aswell, doesn't make it less of a scam. Also you can't assure liquidity on exchanges on a mid to long term, only investors and market makers can, you won't swallow a loss just to make liquidity.

This project raises so many red flags, it's not even funny that you try to make something like this work.

I am with traumschiff.
Lost a lot of money from cloud mining contracts way back.
I learned my lesson the hard way. Invest in actual hardware instead. At least if everything goes bad, you still have your piece of equipment with you.
But it's up to the investors if they want to take the risk.
And for me, that's a NO NO already.

Loepuenkyou

hero member

Activity: 588

Merit: 500

Quote from: MINEX.IO on February 17, 2017, 12:35:21 PM

Quote from: traumschiff on February 17, 2017, 11:58:08 AM

Worst idea I've ever seen on this forum. Mining contracts are worthless and every cloud mining business is a scam until proven otherwise (earning profit or even breaking even - not counting nicehash here).

Also please correct me, but didn't this J. Blasko simply dev cloned coins and didn't ever implement any advanced features?

Thank you for your opinion.

Let me go deeper in CloudPack.

At the moment we have 5 types of assets in it:
- Genesis Mining Contracts
- Bifury contracts
- Hashflare contracts
- Ethtrade contracts
- Bitcoin Reserve

The project is functioning from August, and we have 150 directors on the BOD, they make decisions of investing bitcoins in this or that asset.
If one asset falls - the reserve fund serves to buy other asset and cover the loss.

You can ROI on this easily - buy token for reasonable price. Get dividends. Sell token for reasonable price. This is the key advantage of CMX.

J. Blasko is very innovative and very oldschool at one time. We have several innovations in our blockchain, you can keep eyes on this thread and wait for WP release.

ct
what is project, youre create new altcoin after ico selling and collect bitcoin from investor
you only use capital bitcoin investor only use investment in cloud mining, i think is very bad is youre plan

jimblasko

hero member

Activity: 510

Merit: 500

Hello everyone, just stopping by to clear something up, last year I started a service called Cryptos.io and it's a blockchain creation and consulting service. Minex.io is a client that is using the Cryptos.io service. Cryptos.io charges BTC for the service of creating new blockchains and hosting nodes and pools. In otherwords, Cryptos.io nor myself is receiving any CmX for creating the CmX blockchain. If anyone else wants a crypto made, well, I can be reached at [email protected] !

Jim

MINEX.IO

newbie

Activity: 32

Merit: 0

Quote from: traumschiff on February 17, 2017, 01:03:27 PM

Quote from: MINEX.IO on February 17, 2017, 12:53:59 PM

Quote from: traumschiff on February 17, 2017, 12:47:57 PM

Quote from: MINEX.IO on February 17, 2017, 12:35:21 PM

Quote from: traumschiff on February 17, 2017, 11:58:08 AM

Worst idea I've ever seen on this forum. Mining contracts are worthless and every cloud mining business is a scam until proven otherwise (earning profit or even breaking even - not counting nicehash here).

Also please correct me, but didn't this J. Blasko simply dev cloned coins and didn't ever implement any advanced features?

Thank you for your opinion.

Let me go deeper in CloudPack.

At the moment we have 5 types of assets in it:
- Genesis Mining Contracts
- Bifury contracts
- Hashflare contracts
- Ethtrade contracts
- Bitcoin Reserve

The project is functioning from August, and we have 150 directors on the BOD, they make decisions of investing bitcoins in this or that asset.
If one asset falls - the reserve fund serves to buy other asset and cover the loss.

You can ROI on this easily - buy token for reasonable price. Get dividends. Sell token for reasonable price. This is the key advantage of CMX.

J. Blasko is very innovative and very oldschool at one time. We have several innovations in our blockchain, you can keep eyes on this thread and wait for WP release.

Let's take the very first one in the list, please tell me, which mining contracts of Genesis mining made profit EVER to any investor? You surely seen their ZEC mining contracts, it's at like 0.4% ROI after months of mining and the hashrate is the one thing that will go up to infinity as something gets more and more popular thus the chances of ROI even go beyong laughable.

The same goes for every single one of the cloud mining businesses. And you want to offer people an investment opportunity to pay you money so you buy these laughable mining shares and pay out dividends to them?

Come on dude.

Thank you, Legendary, for your interest to the matter.

We are not promising you any profits. We are just promising fare liquidity for the Mining contracts.

Do you know the market size? We do.

There are two basic advantages of CMX - bigger liquidity (you can always sell) + lower risks (diversification)

You can't diversify risks when it's impossible to ROI from any cloud mining contracts offered from any currently operating business.

There is a market for OneCoin aswell, doesn't make it less of a scam. Also you can't assure liquidity on exchanges on a mid to long term, only investors and market makers can, you won't swallow a loss just to make liquidity.

This project raises so many red flags, it's not even funny that you try to make something like this work.

Thank you for your opinion.

You can make ROI on mining. If not - this forum is for nothing. =)

traumschiff

legendary

Activity: 1498

Merit: 1001

180 BPM

Quote from: MINEX.IO on February 17, 2017, 12:53:59 PM

Quote from: traumschiff on February 17, 2017, 12:47:57 PM

Quote from: MINEX.IO on February 17, 2017, 12:35:21 PM

Quote from: traumschiff on February 17, 2017, 11:58:08 AM

Worst idea I've ever seen on this forum. Mining contracts are worthless and every cloud mining business is a scam until proven otherwise (earning profit or even breaking even - not counting nicehash here).

Also please correct me, but didn't this J. Blasko simply dev cloned coins and didn't ever implement any advanced features?

Thank you for your opinion.

Let me go deeper in CloudPack.

At the moment we have 5 types of assets in it:
- Genesis Mining Contracts
- Bifury contracts
- Hashflare contracts
- Ethtrade contracts
- Bitcoin Reserve

The project is functioning from August, and we have 150 directors on the BOD, they make decisions of investing bitcoins in this or that asset.
If one asset falls - the reserve fund serves to buy other asset and cover the loss.

You can ROI on this easily - buy token for reasonable price. Get dividends. Sell token for reasonable price. This is the key advantage of CMX.

J. Blasko is very innovative and very oldschool at one time. We have several innovations in our blockchain, you can keep eyes on this thread and wait for WP release.

Let's take the very first one in the list, please tell me, which mining contracts of Genesis mining made profit EVER to any investor? You surely seen their ZEC mining contracts, it's at like 0.4% ROI after months of mining and the hashrate is the one thing that will go up to infinity as something gets more and more popular thus the chances of ROI even go beyong laughable.

The same goes for every single one of the cloud mining businesses. And you want to offer people an investment opportunity to pay you money so you buy these laughable mining shares and pay out dividends to them?

Come on dude.

Thank you, Legendary, for your interest to the matter.

We are not promising you any profits. We are just promising fare liquidity for the Mining contracts.

Do you know the market size? We do.

There are two basic advantages of CMX - bigger liquidity (you can always sell) + lower risks (diversification)

You can't diversify risks when it's impossible to ROI from any cloud mining contracts offered from any currently operating business.

There is a market for OneCoin aswell, doesn't make it less of a scam. Also you can't assure liquidity on exchanges on a mid to long term, only investors and market makers can, you won't swallow a loss just to make liquidity.

This project raises so many red flags, it's not even funny that you try to make something like this work.

Topic: [ANN] CMX - Crypto Mining Index - Buy and Sell Mining Power on Exchanges (Read 2213 times)