Topic: [ANN] CMX - Crypto Mining Index - Buy and Sell Mining Power on Exchanges - page 2. (Read 2213 times)

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)

The biggest problem of Cloud-Mining market - is lack of transparency. If there is a site with no-faces on it - yes, its 99% scam.

We work only with mining facilities with real people behind. Not only "cloud". We can invest in any mining rig, even if it is private. Every investment is made buy voting on the Board.

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.



There are literally tens if not hundreds of projects on this forum, which went way beyond using the old bitcoin codebase and implemented features like decentralized mixers, ring sigs, super peers, instant txs, witnesses, dpos you name it. All finest innovations in their own way. Even so many projects were coded from scratch.

How can you call that guy innovative according to his past projects? He literally didn't code anything.

worse idea to scam.  
the dev team perhaps is the only group of people who aren't aware that most of the users here in the forum already knew how scammy cloudmining is. your coin is no different.
nothing but hashocean a like.

Here the decision on what investments to make is up to the investors themselves.
You can always say on what contracts will be purchased, thus helping to avoid scams.

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.

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?

Dear Community.


MINEX.IO is a user-controlled aggregator of Blockchain projects. We offer our customers a platform, which they can use to communicate with each other and make collective decisions about investing their crypto assets. The bitcoins collected are allocated by our managers into different Blockchain projects, and reserve fund, in proportions determined by the collective decisions of our users. Today, we have a major announcement to make.

Minex.io is launching CryptoMiningIndex[CMX] - the first cryptocurrency whose value is backed by the CloudPack (c) - a diversified portfolio of Cryptocurrency Mining contracts. Including several CloudMinings and P2P investments in private Mining Facilities.

CMX functions as the Dow Jones Index of Crypto Mining, but it pays dividends: by buying just one asset on an exchange, you are able to earn dividends from many companies. And you, as a member of the Minex.io community, are able to determine the distribution of collected bitcoins.

The Bitcoin profits from the contracts which comprise the portfolio will be distributed between the owners of CMX tokens via PoS-like payouts.

CMX tokens will be openly tradeable between users on various exchanges. All money earned by Minex.io by selling their own share of CMX tokens will be spent on purchasing more mining contracts and optimizing the performance of the CloudPack portfolio.

CMX Whitepaper
https://docs.google.com/document/d/1mTgUMB4rahkNKQakpqE3l7wZZbZ8MjHDEP0ghG6J3HQ/edit

MNX (Minex Coin) thread - voting currency.
https://bitcointalksearch.org/topic/ann-mxc-minex-coin-proof-of-genesis-1794907

Sell your Mining Power
https://bitcointalk.org/index.php?topic=1707782.0;topicseen

Initial thread by CloudMiningIndex
https://bitcointalksearch.org/topic/m.17473053


Please visit cloudminingindex.com for more info, or ask your questions here.