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Topic: CEX.IO-I You Show Me Yours and I will Show You Mine. - page 3. (Read 9709 times)

newbie
Activity: 56
Merit: 0
I have 11.6gh but it's not showing on this banner...strange
newbie
Activity: 56
Merit: 0
Well I swing between 2.5-5gh..... I will be buying more. I also auto buy Hashing power thanks to a small windows program mention on CEX.Io website.
Running 9 erupters at 3gh....just for fun. Currently making $1.61 a day profit lol.


Just bought a few Gh.... Not like some monster hashers on here!
http://cex.io/informer/Blackswan122/a9b99702b826ecad3609b11a0c5dccf1/

legendary
Activity: 2800
Merit: 1012
Get Paid Crypto To Walk or Drive
hero member
Activity: 725
Merit: 500
newbie
Activity: 56
Merit: 0
Im looking on their site and I dont understand this part (tell me where I am going wrong)

An example realtime price is .082 BTC for each GHS.  Lets say I want to go big and get 1TH/s which is 82BTC. At this point is where I get lost...How long will they hash at 1TH/s for me?  Until infinity?  The reason I ask is that at a rate of 700USD/BTC it will take over a year to become profitable according to http://www.vnbitcoin.org/bitcoincalculator.php

My conclusion is the people willing to go this route are gambling on BTC going even higher, or still being able to sell your hashing power in the future?  Or was your cost for each GH/s much lower and you happened to get in early?

they will hash forever and ever (or until some scam / hack / natural death / it ends).

its not really much of a gamble, just a flat out loss versus mining yourself unless you factor in risks like your hardware breaking, house burning down, etc.

There was never a point where they were willingly offering GH/s at a "good deal" price, one of the larger deals that is pure profit is obtaining the GH/s via referrals. The fact that they're able to monetize this points directly to botnet and/or they are clearly making a good profit on the upsell.


In short, they're buying the same equipment you could buy (maybe at a bulk discount, maybe not) and selling it to you and making a profit on the service. As the generation % of 1gh/s changes, the value of it should go down but... randomly hasn't, etc.


for example i will sell you a % of my GH/s for 1% more than the coins it generates are worth to be assessed and paid daily. Deal?
full member
Activity: 238
Merit: 100
Im looking on their site and I dont understand this part (tell me where I am going wrong)

An example realtime price is .082 BTC for each GHS.  Lets say I want to go big and get 1TH/s which is 82BTC. At this point is where I get lost...How long will they hash at 1TH/s for me?  Until infinity?  The reason I ask is that at a rate of 700USD/BTC it will take over a year to become profitable according to http://www.vnbitcoin.org/bitcoincalculator.php

My conclusion is the people willing to go this route are gambling on BTC going even higher, or still being able to sell your hashing power in the future?  Or was your cost for each GH/s much lower and you happened to get in early?
member
Activity: 105
Merit: 10


Not the slowest... but no where near the top!
newbie
Activity: 56
Merit: 0
http://cex.io/informer/Blackswan122/a9b99702b826ecad3609b11a0c5dccf1/

Well I swing between 2.5-5gh..... I will be buying more. I also auto buy Hashing power thanks to a small windows program mention on CEX.Io website.
Running 9 erupters at 3gh....just for fun. Currently making $1.61 a day profit lol.
hero member
Activity: 821
Merit: 503
Easy, you can mine or send btc to cex.io to purchase their gh/s that in turns mines for you, cloud mining.

Also you can sell the gh/s you buy from them for btc as well, its a commodity market.

Icon

full member
Activity: 238
Merit: 100
can someone explain how things work with cex.io please?
hero member
Activity: 756
Merit: 500
sr. member
Activity: 462
Merit: 250
Firing it up

2.1Gh/s hardware, few ghash with 0.03 referral hash
hero member
Activity: 1246
Merit: 501


All but 0.15GH is referrals.  I did have over 50GH 'cloud' mining and 30GH 'real' miners at one time.
newbie
Activity: 25
Merit: 0
I don't think you can deposit NMC on CEX.IO. You can mine them and you can use them to get BTC or get GHS.

http://cex.io/informer-small/botolo/bd3144153e1a0f8e50a00af309758d58/

You absolutely can deposit NMC into CEX.io. You click Fund Account and there should be a NMC address there you can use to deposit NMC to. I just moved all of my NMC out of BTC-E to cex.io because I was getting better prices there.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
I was as high as 16gh





when coins shot up I cashed out.
full member
Activity: 224
Merit: 100


puny especially compared to that over 1ths earlier...da mmmmmmmm boy
DrG
legendary
Activity: 2086
Merit: 1035

Haha, not even 1 KH/s  Sad
sr. member
Activity: 276
Merit: 250
In Blockchain We Trust!
hero member
Activity: 821
Merit: 503
Well when in Roam..


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