if it looks, sounds and smells too good to be true.. then it always is!
this was complete douchebaggery on behalf of CEX.. you should have stated the 40Ghs limit upfront, not 2 days later when you "remembered" that you don't want to go above 51% and also if you do not want to go above 51% you should have limited the registrations instead of changing the rules of the game midgame!
A lot of people have leasing contracts for rigs because of the promotion, really nice way of screwing your new users!
Topic: **CEX.IO Bitcoin Exchange ** Buy Bitcoins with Cards in iOS / Android App*** - page 106. (Read 422328 times)
March 14, 2014, 11:24:19 AM
March 14, 2014, 09:51:48 AM
So far the amount of Gh/s on Ghash.io stays safely under the 40 Gh/s limit. I think some people are very well planning capacity 
So far one block has been mined above the 40 Gh/s limit, so far not much "loss" to be compensated for.
I have a few mining contracts with over 64 hours left in them, so if and when we pass 40GHs;they will immediately become unprofitable. So far one block has been mined above the 40 Gh/s limit, so far not much "loss" to be compensated for.
Just kinda feel like they changed the rules in the middle of the game, you know?
March 14, 2014, 09:32:07 AM
So far the amount of Gh/s on Ghash.io stays safely under the 40 Gh/s limit. I think some people are very well planning capacity
So far one block has been mined above the 40 Gh/s limit, so far not much "loss" to be compensated for.
So far one block has been mined above the 40 Gh/s limit, so far not much "loss" to be compensated for.
March 14, 2014, 09:30:02 AM
GHash.IO prevents 51% accumulation of the Litecoin hashing power
March 13, 2014, GHash.IO mining pool launched an offer, according to which users get doubled rewards for mining Litecoins. In one day GHash.IO became Litecoin mining pool #1. Unfortunately, we didn’t expect such a rush of Litecoin miners and are now forced to adjust the offer’s rules to prevent getting 51% of the Litecoin network.
Thus, from now on, the reward multiplier depends on the overall Litecoin pool speed at GHash.IO. If the speed varies between 0 and 40 GH/s, all Litecoin rewards will be doubled, as stated at the beginning of the offer. At the 40-60 Gh/s pool speed, the reward multiplier decreases to 1.25. Finally, if the pool reaches 60+ GH/s, GHash.IO will need to close the offer, since this rate is too critical for the double spending threat and the Litecoin currency in general.
We do our best to be a trustworthy pool and are not willing to destroy any cryptocurrency. Our actions coincide respectively.
Thank you for understanding!
Some of us have entered into multiple day mining contracts; and would not have done so had we known the double reward wasn't going to extend through the stated time frame. Is there anyway to get compensated for this, Cex? The website still states: Pool fee is 0% ! Doubled rewards for LiteCoin mining ends in [5 days, 23 hours, 28 minutes, and 51 seconds] March 13, 2014, GHash.IO mining pool launched an offer, according to which users get doubled rewards for mining Litecoins. In one day GHash.IO became Litecoin mining pool #1. Unfortunately, we didn’t expect such a rush of Litecoin miners and are now forced to adjust the offer’s rules to prevent getting 51% of the Litecoin network.
Thus, from now on, the reward multiplier depends on the overall Litecoin pool speed at GHash.IO. If the speed varies between 0 and 40 GH/s, all Litecoin rewards will be doubled, as stated at the beginning of the offer. At the 40-60 Gh/s pool speed, the reward multiplier decreases to 1.25. Finally, if the pool reaches 60+ GH/s, GHash.IO will need to close the offer, since this rate is too critical for the double spending threat and the Litecoin currency in general.
We do our best to be a trustworthy pool and are not willing to destroy any cryptocurrency. Our actions coincide respectively.
Thank you for understanding!
March 14, 2014, 09:27:00 AM
GHash.IO prevents 51% accumulation of the Litecoin hashing power
March 13, 2014, GHash.IO mining pool launched an offer, according to which users get doubled rewards for mining Litecoins. In one day GHash.IO became Litecoin mining pool #1. Unfortunately, we didn’t expect such a rush of Litecoin miners and are now forced to adjust the offer’s rules to prevent getting 51% of the Litecoin network.
Thus, from now on, the reward multiplier depends on the overall Litecoin pool speed at GHash.IO. If the speed varies between 0 and 40 GH/s, all Litecoin rewards will be doubled, as stated at the beginning of the offer. At the 40-60 Gh/s pool speed, the reward multiplier decreases to 1.25. Finally, if the pool reaches 60+ GH/s, GHash.IO will need to close the offer, since this rate is too critical for the double spending threat and the Litecoin currency in general.
We do our best to be a trustworthy pool and are not willing to destroy any cryptocurrency. Our actions coincide respectively.
Thank you for understanding!
http://s29.postimg.org/smw60uut3/awards.png
March 13, 2014, GHash.IO mining pool launched an offer, according to which users get doubled rewards for mining Litecoins. In one day GHash.IO became Litecoin mining pool #1. Unfortunately, we didn’t expect such a rush of Litecoin miners and are now forced to adjust the offer’s rules to prevent getting 51% of the Litecoin network.
Thus, from now on, the reward multiplier depends on the overall Litecoin pool speed at GHash.IO. If the speed varies between 0 and 40 GH/s, all Litecoin rewards will be doubled, as stated at the beginning of the offer. At the 40-60 Gh/s pool speed, the reward multiplier decreases to 1.25. Finally, if the pool reaches 60+ GH/s, GHash.IO will need to close the offer, since this rate is too critical for the double spending threat and the Litecoin currency in general.
We do our best to be a trustworthy pool and are not willing to destroy any cryptocurrency. Our actions coincide respectively.
Thank you for understanding!
http://s29.postimg.org/smw60uut3/awards.png
Why don't you close registrations instead ?
Yea, this is not right
March 14, 2014, 08:59:35 AM
Quote
Why don't you close registrations instead ?
+1Suddenly reducing the offer by 75% is quite... sleazy.
March 14, 2014, 08:39:44 AM
Quote
Why don't you close registrations instead ?
+1Suddenly reducing the offer by 75% is quite... sleazy.
Yup. And as fast as they went to #1, they will lose #1.
Of course they knew all this, It was part of the plan.
March 14, 2014, 08:37:01 AM
Quote
Why don't you close registrations instead ?
+1Suddenly reducing the offer by 75% is quite... sleazy.
March 14, 2014, 08:19:50 AM
cex.io confirm error
I agree.
but does not receive approval.
HELP PLAESE!
March 14, 2014, 08:19:01 AM
GHash.IO prevents 51% accumulation of the Litecoin hashing power
March 13, 2014, GHash.IO mining pool launched an offer, according to which users get doubled rewards for mining Litecoins. In one day GHash.IO became Litecoin mining pool #1. Unfortunately, we didn’t expect such a rush of Litecoin miners and are now forced to adjust the offer’s rules to prevent getting 51% of the Litecoin network.
Thus, from now on, the reward multiplier depends on the overall Litecoin pool speed at GHash.IO. If the speed varies between 0 and 40 GH/s, all Litecoin rewards will be doubled, as stated at the beginning of the offer. At the 40-60 Gh/s pool speed, the reward multiplier decreases to 1.25. Finally, if the pool reaches 60+ GH/s, GHash.IO will need to close the offer, since this rate is too critical for the double spending threat and the Litecoin currency in general.
We do our best to be a trustworthy pool and are not willing to destroy any cryptocurrency. Our actions coincide respectively.
Thank you for understanding!
March 13, 2014, GHash.IO mining pool launched an offer, according to which users get doubled rewards for mining Litecoins. In one day GHash.IO became Litecoin mining pool #1. Unfortunately, we didn’t expect such a rush of Litecoin miners and are now forced to adjust the offer’s rules to prevent getting 51% of the Litecoin network.
Thus, from now on, the reward multiplier depends on the overall Litecoin pool speed at GHash.IO. If the speed varies between 0 and 40 GH/s, all Litecoin rewards will be doubled, as stated at the beginning of the offer. At the 40-60 Gh/s pool speed, the reward multiplier decreases to 1.25. Finally, if the pool reaches 60+ GH/s, GHash.IO will need to close the offer, since this rate is too critical for the double spending threat and the Litecoin currency in general.
We do our best to be a trustworthy pool and are not willing to destroy any cryptocurrency. Our actions coincide respectively.
Thank you for understanding!
Why don't you close registrations instead ?
March 14, 2014, 08:02:20 AM
GHash.IO prevents 51% accumulation of the Litecoin hashing power
March 13, 2014, GHash.IO mining pool launched an offer, according to which users get doubled rewards for mining Litecoins. In one day GHash.IO became Litecoin mining pool #1. Unfortunately, we didn’t expect such a rush of Litecoin miners and are now forced to adjust the offer’s rules to prevent getting 51% of the Litecoin network.
Thus, from now on, the reward multiplier depends on the overall Litecoin pool speed at GHash.IO. If the speed varies between 0 and 40 GH/s, all Litecoin rewards will be doubled, as stated at the beginning of the offer. At the 40-60 Gh/s pool speed, the reward multiplier decreases to 1.25. Finally, if the pool reaches 60+ GH/s, GHash.IO will need to close the offer, since this rate is too critical for the double spending threat and the Litecoin currency in general.
We do our best to be a trustworthy pool and are not willing to destroy any cryptocurrency. Our actions coincide respectively.
Thank you for understanding!
March 13, 2014, GHash.IO mining pool launched an offer, according to which users get doubled rewards for mining Litecoins. In one day GHash.IO became Litecoin mining pool #1. Unfortunately, we didn’t expect such a rush of Litecoin miners and are now forced to adjust the offer’s rules to prevent getting 51% of the Litecoin network.
Thus, from now on, the reward multiplier depends on the overall Litecoin pool speed at GHash.IO. If the speed varies between 0 and 40 GH/s, all Litecoin rewards will be doubled, as stated at the beginning of the offer. At the 40-60 Gh/s pool speed, the reward multiplier decreases to 1.25. Finally, if the pool reaches 60+ GH/s, GHash.IO will need to close the offer, since this rate is too critical for the double spending threat and the Litecoin currency in general.
We do our best to be a trustworthy pool and are not willing to destroy any cryptocurrency. Our actions coincide respectively.
Thank you for understanding!
March 14, 2014, 05:24:48 AM
its a quite easy calculation, 0,005/GHs is the price for an immediately available Antminer.
March 14, 2014, 04:37:11 AM
The chance of it making a correction will get slimmer every single day, so I don't think that it will unless it manages to do so in a couple of days time. Any further than that and the value of GHS should fall to keep in sync with the rising amount of network hashing power making each individual GHS less valuable.
March 14, 2014, 04:01:58 AM
big hit today... i bought yesterday night at 0.0149 .. fuck my life
do you think it ll keep going down or stick around, eventually make a small correction on following weeks?
do you think it ll keep going down or stick around, eventually make a small correction on following weeks?
March 13, 2014, 11:47:58 PM
I had about 12GH/s mining for me. I figured it would be cool to have a place to store my btc and just reinvest. But now the price per GH/s is dropping really hard. If I sell out now I will lose out. All well I learned my mistake. There is always a chance of it coming back up again.
There is a zero chance of the price going back up to your pre-loss level.
But there is a 100% chance of you raiding your mother's purse.
0.0142 and descending, it will obv not come back; I sold at 0.04+ 2months ago
FHM are half the price of FHA which means it is a good buy comparatively if you will mine more than half what you will mine with your Ghs that you get April 26
The projected price of Ghs is now clearly written : 0.008 April 26 (FHA) and 0.004 May 26 (FHA), will a Ghs now mine 0.0142-0.008=0.0062 before April 26? That seems like "a lot"
March 13, 2014, 11:36:19 PM
im doing LTC now 
March 13, 2014, 05:28:58 PM
So that is not real clear 
If you buy fha which is april contract it will start mining imediatly when the fha is purchased or when it converts
to ghs
If you buy fha which is april contract it will start mining imediatly when the fha is purchased or when it converts
to ghs
You can only buy FHA before April 26.
It will not mine until this date.
On April 26 it will be transformed to GHS
March 13, 2014, 05:26:03 PM
So that is not real clear
If you buy fha which is april contract it will start mining imediatly when the fha is purchased or when it converts
to ghs
If you buy fha which is april contract it will start mining imediatly when the fha is purchased or when it converts
to ghs
March 13, 2014, 05:03:36 PM
Dear Users,
CEX.IO has just release Futures contracts for mining power.
Future Hashes April (FHA) is a futures contract
This future mining power can be traded on the exchange.
FHA will transform to GHs on April 26, 2014 00:00 GMT and will start mining for you immediately.
Future Hashes May (FHM) will transform to GHS on May 26, 2014 00:00 GMT and will also start mining for you immediately.
Please send a support ticket if you have any troubles or question.
[email protected]
CEX.IO has just release Futures contracts for mining power.
Future Hashes April (FHA) is a futures contract
This future mining power can be traded on the exchange.
FHA will transform to GHs on April 26, 2014 00:00 GMT and will start mining for you immediately.
Future Hashes May (FHM) will transform to GHS on May 26, 2014 00:00 GMT and will also start mining for you immediately.
Please send a support ticket if you have any troubles or question.
[email protected]
March 13, 2014, 05:00:38 PM
how can we see the per mh/s payouts?
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