Author

Topic: Cex.io Gh/s Value (Read 1456 times)

full member
Activity: 163
Merit: 100
December 30, 2013, 06:54:14 AM
#6
Im on Picostock, was on Cex before

Pico has a very rude Interface, and less traffic.
But you get 1GH from 0.02-0.03


Greets
mastah
member
Activity: 89
Merit: 10
December 29, 2013, 07:57:00 PM
#5
Wise move man.

It's rollercoasting like hell these days.
newbie
Activity: 14
Merit: 0
December 29, 2013, 07:08:41 PM
#4
I would like your opinion on the price of Gh/s on Cex.io.
At the moment, It is low, around 0.048 BTC for 1 gh/s.
And it's continuing to fall.
With the new mining difficulty hitting in under 4 days, will this cause users to buy more gh/s in order to to speed up and get more profit, therefore raising the price of gh/s?
I would say, yes. But i would like some opinions from cex.io users. Thanks.

When the difficulty rises, the price goes down because 1 GH/s mines less BTC. Would you pay more or less for mining equipment that mines 30% less?

As far as buying cex.io shares, consider these issues:

1. With the difficulty going up so quickly, 1 GH/s is likely to mine less than 0.025 BTC over the next year. It doesn't make sense to pay 0.048 BTC to mine 0.025 BTC.

2. The price of 1 GH/s is dropping quickly because the difficulty is rising quickly. It has dropped 80% in the last three months. If the difficulty continues to rise at the current pace and the price continues to fall, then 1 GH/s will be worth 0.000077 BTC in a year. That would be nearly a total loss of your investment.



Thanks for the advice, I cashed out and got the hell out of there before I lost even more.
full member
Activity: 168
Merit: 100
December 29, 2013, 07:06:51 PM
#3
The price on cex.io is definitely more advantageous than it used to be right now, but invest at your own risk. You would only be able to see a ROI if you were to trade your GHS quite a bit and be able to predict the drops.

That said, it's a fun site but if your goal is to invest just to mine, look elsewhere.
legendary
Activity: 4466
Merit: 3391
December 29, 2013, 02:11:11 AM
#2
I would like your opinion on the price of Gh/s on Cex.io.
At the moment, It is low, around 0.048 BTC for 1 gh/s.
And it's continuing to fall.
With the new mining difficulty hitting in under 4 days, will this cause users to buy more gh/s in order to to speed up and get more profit, therefore raising the price of gh/s?
I would say, yes. But i would like some opinions from cex.io users. Thanks.

When the difficulty rises, the price goes down because 1 GH/s mines less BTC. Would you pay more or less for mining equipment that mines 30% less?

As far as buying cex.io shares, consider these issues:

1. With the difficulty going up so quickly, 1 GH/s is likely to mine less than 0.025 BTC over the next year. It doesn't make sense to pay 0.048 BTC to mine 0.025 BTC.

2. The price of 1 GH/s is dropping quickly because the difficulty is rising quickly. It has dropped 80% in the last three months. If the difficulty continues to rise at the current pace and the price continues to fall, then 1 GH/s will be worth 0.000077 BTC in a year. Even though the difficulty increases will start to decline in a few months, the price will of 1 GH/s will still drop to around 0.0037 BTC in six months. That would be nearly a total loss of your investment.

Edit: Replaced my example with a more realistic prediction.
newbie
Activity: 14
Merit: 0
December 28, 2013, 09:17:26 PM
#1
I would like your opinion on the price of Gh/s on Cex.io.
At the moment, It is low, around 0.048 BTC for 1 gh/s.
And it's continuing to fall.


With the new mining difficulty hitting in under 4 days, will this cause users to buy more gh/s in order to to speed up and get more profit, therefore raising the price of gh/s?

I would say, yes. But i would like some opinions from cex.io users. Thanks.


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