**CEX.IO Bitcoin Exchange ** Buy Bitcoins with Cards in iOS / Android App*** - page 69.

CEX

legendary

Activity: 1227

Merit: 1003

CEX.IO is now available in Chinese and Russian!

CEX.IO is a Bitcoin crypto exchange operating at the international level.
To make our platform more user-friendly, we have translated it into two more languages – Chinese and Russian.

You can find the Change Language button at the top right corner.

Stay tuned, as we are looking forward to introducing more languages soon.

l3sny

hero member

Activity: 859

Merit: 1000

Quote from: newIndia on December 05, 2014, 01:40:15 PM

Quote from: CEX on December 05, 2014, 06:51:27 AM

Quote from: pumawolf on December 04, 2014, 11:52:02 PM

is it possible to have an option where we can turn off the mining and just trade.

If you have GHS with CEX.IO, they are automatically used for mining.
However, you can sell your GHS and use CEX.IO solely as an exchange platform by trading with fiat and crypto. You can choose from a number of Bitcoin and altcoin trading pairs.

This is probably the first time in the history, Ghs @ CEX.io costs lower than PB mining !!!

PB Mining: 0.0016 BTC/Ghs

CEX.io: 0.00154104 BTC/Ghs

But PBmining has just collapsed!

iluvpie60

hero member

Activity: 700

Merit: 500

Quote from: Icon on November 30, 2014, 06:14:44 PM

Someone see if i am right on this maths Shocked

3 th/s = 3000 gh/s * .11 cents (so sue me i rounded up i know its 10.5 cents per gh/s per month) = $330 a month in fees

At the time of this post btc is ~ $375 per btc and according to this web site: https://alloscomp.com/bitcoin/calculator

per Day   0.03743718 BTC   $14.22
per Week   0.26206027 BTC   $99.55 <.. (this is your payout. 3/4 of that is going to cex.io)
per Month   1.13949421 BTC   $432.86 <... that's what a month is so subtract $330 - $432 = ~ $102

So buying 3 th/s on cex will net you only $102 and btw the price of btc/ghs at time of post is ~ .0015 btc = BTC4.5 meaning you would pay $1,687.50 to earn $102 a month
and Lord help you trying to reach ROI with that 102/1687 = 17 months.

So I'll let you decide is it a good time to buy cloud hashing on cex?

Icon

PS

I know i didn't even count the difficulty increase that will even eat up the $102 profit over the next 17 months.. ((too much of a hassle)) i think i made my point .

The difficulty increase will make people lose money within a few months.

here is my story.

Lost about 45% of my 7 bitcoins within a day period. They implemented futures trading or whatever it is called and within one day I lost a lot... I used them for GHS mining for a little while and everything was ok during that time. I am pretty sure their change easily wiped out 10,000 + bitcoins worth of peoples value across their entire website the day they added this change.

I am surprised no one has really commented that on here, but I realized I didn't say my story either. I am giving them a neutral rating because I really don't feel like getting red negative trust scored by them as retaliation. Seems like anyone with default trust these days abuses the system. Hopefully people don't use cloud mining as you just lose money.

darrenwgray

sr. member

Activity: 756

Merit: 278

Further to my earlier post I thought to reconcile my mining figures for the last full day.
I made no trades, so my GHS was consistent throughout; I paid more in maintenance fees than I earned through mining.

CEX.io must increase market share to make it profitable for those who are buying into it's cloud mining as I can see the model will simply collapse soon

l3sny

hero member

Activity: 859

Merit: 1000

Interesting... But still maintenace fees are way too high!

darrenwgray

sr. member

Activity: 756

Merit: 278

Personally, since the CEX market share (or at least as advertised on their home page) was cut from 40% to 20% the cost of maintenance has far outstripped the share of mining.

It is obvious though; the decrease in share decreases the likelihood of solving a block.
All the time mining is trying to solve a block the static maintenance fee is building.
You have to solve a block on average every 90 minutes for you to stand still; any longer and you lose money on the block.
At 40% Market Share I think this happened more often than not, at 20% is is a sinking ship.

Note: None of this takes into account the actual cost of purchasing or selling GHS

newIndia

legendary

Activity: 2226

Merit: 1052

Quote from: CEX on December 05, 2014, 06:51:27 AM

Quote from: pumawolf on December 04, 2014, 11:52:02 PM

is it possible to have an option where we can turn off the mining and just trade.

If you have GHS with CEX.IO, they are automatically used for mining.
However, you can sell your GHS and use CEX.IO solely as an exchange platform by trading with fiat and crypto. You can choose from a number of Bitcoin and altcoin trading pairs.

This is probably the first time in the history, Ghs @ CEX.io costs lower than PB mining !!!

PB Mining: 0.0016 BTC/Ghs

CEX.io: 0.00154104 BTC/Ghs

CEX

legendary

Activity: 1227

Merit: 1003

Quote from: pumawolf on December 04, 2014, 11:52:02 PM

is it possible to have an option where we can turn off the mining and just trade.

If you have GHS with CEX.IO, they are automatically used for mining.
However, you can sell your GHS and use CEX.IO solely as an exchange platform by trading with fiat and crypto. You can choose from a number of Bitcoin and altcoin trading pairs.

pumawolf

sr. member

Activity: 968

Merit: 250

is it possible to have an option where we can turn off the mining and just trade.

Trade-Winds

member

Activity: 63

Merit: 10

Quote from: SpanishSoldier on November 30, 2014, 07:21:52 PM

Quote from: l3sny on November 30, 2014, 02:02:05 PM

Quote from: SpanishSoldier on November 28, 2014, 08:52:05 AM

Quote from: coinpr0n on November 13, 2014, 05:20:47 AM

Need to look through my mining transactions csv to see if it's at all worth it to be cloud mining. Otherwise, I'm loving CEX.

Cloud Mining is definitely profitable, especially when difficulty is going to drop. Once upon a time, it was profitable on CEX also. But, now all the maintenance charges eats up the profit on CEX. U might like to try cloudmining.website. Their current offer is super cexy... 0.001BTC/Ghs Wink

What an obvious scam... I am surprised someone is still trying to con people this way
disgusting!

Read the review thread yourself before making such stupid statement => https://bitcointalksearch.org/topic/cloudminingwebsite-new-puppy-in-cloud-mining-844310

Well, there are quite a few review threads here, this one, for example – https://bitcointalk.org/index.php?topic=878387.new

SpanishSoldier

sr. member

Activity: 728

Merit: 256

Quote from: l3sny on November 30, 2014, 02:02:05 PM

Quote from: SpanishSoldier on November 28, 2014, 08:52:05 AM

Quote from: coinpr0n on November 13, 2014, 05:20:47 AM

Need to look through my mining transactions csv to see if it's at all worth it to be cloud mining. Otherwise, I'm loving CEX.

Cloud Mining is definitely profitable, especially when difficulty is going to drop. Once upon a time, it was profitable on CEX also. But, now all the maintenance charges eats up the profit on CEX. U might like to try cloudmining.website. Their current offer is super cexy... 0.001BTC/Ghs Wink

What an obvious scam... I am surprised someone is still trying to con people this way
disgusting!

Read the review thread yourself before making such stupid statement => https://bitcointalksearch.org/topic/cloudminingwebsite-new-puppy-in-cloud-mining-844310

Quote from: Icon on November 30, 2014, 06:14:44 PM

Someone see if i am right on this maths Shocked

3 th/s = 3000 gh/s * .11 cents (so sue me i rounded up i know its 10.5 cents per gh/s per month) = $330 a month in fees

At the time of this post btc is ~ $375 per btc and according to this web site: https://alloscomp.com/bitcoin/calculator

per Day   0.03743718 BTC   $14.22
per Week   0.26206027 BTC   $99.55 <.. (this is your payout. 3/4 of that is going to cex.io)
per Month   1.13949421 BTC   $432.86 <... that's what a month is so subtract $330 - $432 = ~ $102

So buying 3 th/s on cex will net you only $102 and btw the price of btc/ghs at time of post is ~ .0015 btc = BTC4.5 meaning you would pay $1,687.50 to earn $102 a month
and Lord help you trying to reach ROI with that 102/1687 = 17 months.

So I'll let you decide is it a good time to buy cloud hashing on cex?

Icon

PS

I know i didn't even count the difficulty increase that will even eat up the $102 profit over the next 17 months.. ((too much of a hassle)) i think i made my point .

With 500 Ghs at CEX.io, someone just reported to have -ve ROI !!! Now, u decide your way...

Quote from: miner454 on November 30, 2014, 01:45:21 PM

-snip-

Can someone tell me why I got -0.010100 btc after mining for a week in cex.io? I have 500 ghs.

Icon

hero member

Activity: 821

Merit: 503

Someone see if i am right on this maths Shocked

3 th/s = 3000 gh/s * .11 cents (so sue me i rounded up i know its 10.5 cents per gh/s per month) = $330 a month in fees

At the time of this post btc is ~ $375 per btc and according to this web site: https://alloscomp.com/bitcoin/calculator

per Day   0.03743718 BTC   $14.22
per Week   0.26206027 BTC   $99.55 <.. (this is your payout. 3/4 of that is going to cex.io)
per Month   1.13949421 BTC   $432.86 <... that's what a month is so subtract $330 - $432 = ~ $102

So buying 3 th/s on cex will net you only $102 and btw the price of btc/ghs at time of post is ~ .0015 btc = BTC4.5 meaning you would pay $1,687.50 to earn $102 a month
and Lord help you trying to reach ROI with that 102/1687 = 17 months.

So I'll let you decide is it a good time to buy cloud hashing on cex?

Icon

PS

I know i didn't even count the difficulty increase that will even eat up the $102 profit over the next 17 months.. ((too much of a hassle)) i think i made my point .

l3sny

hero member

Activity: 859

Merit: 1000

Quote from: SpanishSoldier on November 28, 2014, 08:52:05 AM

Quote from: coinpr0n on November 13, 2014, 05:20:47 AM

Need to look through my mining transactions csv to see if it's at all worth it to be cloud mining. Otherwise, I'm loving CEX.

Cloud Mining is definitely profitable, especially when difficulty is going to drop. Once upon a time, it was profitable on CEX also. But, now all the maintenance charges eats up the profit on CEX. U might like to try cloudmining.website. Their current offer is super cexy... 0.001BTC/Ghs Wink

What an obvious scam... I am surprised someone is still trying to con people this way
disgusting!

PhilippeD

member

Activity: 81

Merit: 10

Quote from: SpanishSoldier on November 28, 2014, 08:52:05 AM

Quote from: coinpr0n on November 13, 2014, 05:20:47 AM

Need to look through my mining transactions csv to see if it's at all worth it to be cloud mining. Otherwise, I'm loving CEX.

Cloud Mining is definitely profitable, especially when difficulty is going to drop. Once upon a time, it was profitable on CEX also. But, now all the maintenance charges eats up the profit on CEX. U might like to try cloudmining.website. Their current offer is super cexy... 0.001BTC/Ghs Wink

cloudmining.website is not sexy Roll Eyes

Look at hashnest.com, 0.0008 BTC/Ghs (called UMISO), no trading fee, less maintenance fees ... and made by Bitmain ... What else ? Wink

SpanishSoldier

sr. member

Activity: 728

Merit: 256

Quote from: coinpr0n on November 13, 2014, 05:20:47 AM

Need to look through my mining transactions csv to see if it's at all worth it to be cloud mining. Otherwise, I'm loving CEX.

Cloud Mining is definitely profitable, especially when difficulty is going to drop. Once upon a time, it was profitable on CEX also. But, now all the maintenance charges eats up the profit on CEX. U might like to try cloudmining.website. Their current offer is super cexy... 0.001BTC/Ghs Wink

PatMan

hero member

Activity: 924

Merit: 1000

Watch out for the "Neg-Rep-Dogie-Police".....

Yeah. Right. Like I'd trust CEX with my credit card & bank details....... Roll Eyes

CEX

legendary

Activity: 1227

Merit: 1003

BTC/USD and BTC/EUR markets are available at CEX.IO

CEX.IO provides everyone with the simplest way to buy and trade Bitcoins.

We remind our existing and new users that we accept both USD and EUR deposits and withdrawals.

Everyone can deposit funds via bank transfer and credit or debit cards.

CEX.IO accepts any kind of payment cards, including, but not limited to MasterCard and VISA.

If you are depositing fiat money via bank transfer for a sum up to $1,000/€1,000, you do not need to verify your identity.

Buying Bitcoins is as easy as never before! We offer multiple deposit options for everyone – just pick the one you like best.

Try out! https://cex.io/

Note:
Unfortunately, credit and debit card transactions are not available for USA, Vietnam, or Iceland at the moment.

CEX

legendary

Activity: 1227

Merit: 1003

Quote from: DARKANGEL6415 on November 20, 2014, 02:40:35 AM

hello i was wondering if anyone can please give me some information. I am trying to find out if anyone knows if cex.io is planning or ever going to consider doing cloud mining services for alt coins. I really dont care on what specific coin i just pretty much want to see scrypt cloud based mining from cex.io. If it already is there and i have not seen it please tell me where to buy scrypt cloud mining if it is available now from cex.io thanks

Hi, DARKANGEL6415
Currently, we offer only SHA-256 Cloud Mining on GHash.IO. However, we are following new chips development and are really considering the option of including cloud mining of Scrypt-based altcoins in our list of services. Right now, we cannot tell you the dates when this will be available, but the changes are to come.

CEX

legendary

Activity: 1227

Merit: 1003

GHash.IO Official iOS App Is Out

From now on, you can track your mining processes on iOS devices in an easy and user-friendly way with the new GHash.IO app. It provides visualisation of real-time stats on your hash rate, miners and balance with charts, tables and diagrams.

Here’s how it works:
1. Link the app to your GHash.IO/CEX.IO account by generating the access key for your mobile device from the CEX.IO website and enter the app by scanning the QR code.
2. Drag and drop all sub-pools you’re mining on to your customisable dashboard, in order to access them.
3. Enable push notifications to be able to track your progress even when the app is closed.

App Features:
– Real-time stats about user’s hash rate, workers and balance
– Customisable dashboard of your main pools Support of all sub-pools available on GHash.IO (i.e. Bitcoin, Litecoin (+Dogecoin), Darkcoin pools and Multipool)
– Advanced chart and diagram mining stats
– Push notifications

CEX.IO is now working on its trading app which will be out soon.

Official CEX.IO blog: http://blog.cex.io/news/cex-io-presents-official-ghash-io-mobile-application-for-ios-devices/
App Store link: https://itunes.apple.com/gb/app/ghash.io/id933944383?mt=8

Farmer17

hero member

Activity: 674

Merit: 500

I have encountered a strange problem on your site. HTTPS connection works on every page except the support page https://support.cex.io

Topic: **CEX.IO Bitcoin Exchange ** Buy Bitcoins with Cards in iOS / Android App*** - page 69. (Read 422328 times)

Topic: CEX.IO Bitcoin Exchange Buy Bitcoins with Cards in iOS / Android App*** - page 69. (Read 422328 times)