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Topic: cex.io is Reliable ? (Read 5666 times)

hero member
Activity: 526
Merit: 500
February 28, 2015, 12:03:42 PM
#35
yes
cex.io is one of the best mining and trading service provider
they can be trusted
legendary
Activity: 3374
Merit: 1859
Curmudgeonly hardware guy
February 25, 2015, 01:43:35 AM
#34
Hey,

So I got question about Bitcoin Mining! I got an $100 on PayPal and I want change that to BTC. Is that good idea to invest it here: https://www.hashnest.com/

hashnest have the cheapest hash so far, but the maintenance charges is really high. Its a gamble if you can ROI from hashnest or not.
sr. member
Activity: 481
Merit: 250
February 24, 2015, 11:27:11 PM
#33
Buy from hashnest instead, reliable, cheapest hash and cheaper maintenance as compare to cex.io.
newbie
Activity: 68
Merit: 0
February 24, 2015, 03:05:47 PM
#32
Lmao. Absolute no,  ghs on cex are worse than worthless on cex.io
newbie
Activity: 38
Merit: 0
February 24, 2015, 10:48:04 AM
#31
This thread is misleading and just plain wrong!! It sounds like the posters in this thread haven't read anything regarding CEX.io in the past year.

CEX is defunct... dead... gone the way of the Dodo bird.

They shut down cloudmining about a month ago because maintenance fees were greater than mining income.

https://bitcointalksearch.org/topic/cexio-suspends-cloud-mining-922513

Quote
Taking into consideration our users’ interests, the recent Bitcoin price drop, as well as the upscaling of the mining difficulty, CEX.IO Bitcoin Exchange would like to announce a temporary suspension of cloud mining services provided by the platform at the time of the next difficulty increase.

According to the 11.5. paragraph of CEX.IO Terms of Use:

“Mining with using User’s Gigahashes can be stopped by CEX.IO if the amount of the Maintenance Cost exceeds rewards for each mined block or if the mining is economically inexpedient.”

Thereby, all GHS formerly purchased by CEX.IO users remain their absolute property, with appropriate figures reflected in users’ profile balance. Additionally users will be able to manually enable mining with Gigahashes by their own choice.

“Suspension of CEX.IO cloud mining service is only a forced temporary measure, the result of cloud mining costs exceeding mining profit,” Jeffrey Smith, Chief Information Officer of CEX.IO. “Currently all cloud mining/maintenance costs are directed to the Hardware provider, hence, we are open for negotiations with additional mining hardware providers, who can offer favourable terms. And, as soon as we get an opportunity to upgrade mining hardware, or come to more efficient terms with energy suppliers, cloud mining process will be automatically resumed.”

Meanwhile, CEX.IO will continue operating as full service exchange platform for trading cryptocurrencies and fiat money.

They are not dead, it's just cloud mining which is temporarily suspended. Their pool is still operational. Blockchain.info shows their pool's share is 7-9% which is quite impressive.

You mean their exchange is still operational, not their pool.  CEX.io doesn't have a mining pool, but their affiliate company does.

Ghash.io is about 7% of the pool hashrate on https://blockchain.info/pools


Yes, you're correct. I consider them as one entity.
hero member
Activity: 1372
Merit: 783
better everyday ♥
February 23, 2015, 06:04:34 PM
#30
This thread is misleading and just plain wrong!! It sounds like the posters in this thread haven't read anything regarding CEX.io in the past year.

CEX is defunct... dead... gone the way of the Dodo bird.

They shut down cloudmining about a month ago because maintenance fees were greater than mining income.

https://bitcointalksearch.org/topic/cexio-suspends-cloud-mining-922513

Quote
Taking into consideration our users’ interests, the recent Bitcoin price drop, as well as the upscaling of the mining difficulty, CEX.IO Bitcoin Exchange would like to announce a temporary suspension of cloud mining services provided by the platform at the time of the next difficulty increase.

According to the 11.5. paragraph of CEX.IO Terms of Use:

“Mining with using User’s Gigahashes can be stopped by CEX.IO if the amount of the Maintenance Cost exceeds rewards for each mined block or if the mining is economically inexpedient.”

Thereby, all GHS formerly purchased by CEX.IO users remain their absolute property, with appropriate figures reflected in users’ profile balance. Additionally users will be able to manually enable mining with Gigahashes by their own choice.

“Suspension of CEX.IO cloud mining service is only a forced temporary measure, the result of cloud mining costs exceeding mining profit,” Jeffrey Smith, Chief Information Officer of CEX.IO. “Currently all cloud mining/maintenance costs are directed to the Hardware provider, hence, we are open for negotiations with additional mining hardware providers, who can offer favourable terms. And, as soon as we get an opportunity to upgrade mining hardware, or come to more efficient terms with energy suppliers, cloud mining process will be automatically resumed.”

Meanwhile, CEX.IO will continue operating as full service exchange platform for trading cryptocurrencies and fiat money.

They are not dead, it's just cloud mining which is temporarily suspended. Their pool is still operational. Blockchain.info shows their pool's share is 7-9% which is quite impressive.

You mean their exchange is still operational, not their pool.  CEX.io doesn't have a mining pool, but their affiliate company does.

Ghash.io is about 7% of the pool hashrate on https://blockchain.info/pools
newbie
Activity: 38
Merit: 0
February 23, 2015, 10:12:29 AM
#29
This thread is misleading and just plain wrong!! It sounds like the posters in this thread haven't read anything regarding CEX.io in the past year.

CEX is defunct... dead... gone the way of the Dodo bird.

They shut down cloudmining about a month ago because maintenance fees were greater than mining income.

https://bitcointalksearch.org/topic/cexio-suspends-cloud-mining-922513

Quote
Taking into consideration our users’ interests, the recent Bitcoin price drop, as well as the upscaling of the mining difficulty, CEX.IO Bitcoin Exchange would like to announce a temporary suspension of cloud mining services provided by the platform at the time of the next difficulty increase.

According to the 11.5. paragraph of CEX.IO Terms of Use:

“Mining with using User’s Gigahashes can be stopped by CEX.IO if the amount of the Maintenance Cost exceeds rewards for each mined block or if the mining is economically inexpedient.”

Thereby, all GHS formerly purchased by CEX.IO users remain their absolute property, with appropriate figures reflected in users’ profile balance. Additionally users will be able to manually enable mining with Gigahashes by their own choice.

“Suspension of CEX.IO cloud mining service is only a forced temporary measure, the result of cloud mining costs exceeding mining profit,” Jeffrey Smith, Chief Information Officer of CEX.IO. “Currently all cloud mining/maintenance costs are directed to the Hardware provider, hence, we are open for negotiations with additional mining hardware providers, who can offer favourable terms. And, as soon as we get an opportunity to upgrade mining hardware, or come to more efficient terms with energy suppliers, cloud mining process will be automatically resumed.”

Meanwhile, CEX.IO will continue operating as full service exchange platform for trading cryptocurrencies and fiat money.

They are not dead, it's just cloud mining which is temporarily suspended. Their pool is still operational. Blockchain.info shows their pool's share is 7-9% which is quite impressive.
tss
hero member
Activity: 742
Merit: 500
February 22, 2015, 10:10:09 PM
#28
i was under the impression they suspended their cloud mining services indefinitely. 

and fyi.. all cloud mining is ponzi.
hero member
Activity: 784
Merit: 1004
Glow Stick Dance!
February 22, 2015, 07:22:41 PM
#27
This thread is misleading and just plain wrong!! It sounds like the posters in this thread haven't read anything regarding CEX.io in the past year.

CEX is defunct... dead... gone the way of the Dodo bird.

They shut down cloudmining about a month ago because maintenance fees were greater than mining income.

https://bitcointalksearch.org/topic/cexio-suspends-cloud-mining-922513

Quote
Taking into consideration our users’ interests, the recent Bitcoin price drop, as well as the upscaling of the mining difficulty, CEX.IO Bitcoin Exchange would like to announce a temporary suspension of cloud mining services provided by the platform at the time of the next difficulty increase.

According to the 11.5. paragraph of CEX.IO Terms of Use:

“Mining with using User’s Gigahashes can be stopped by CEX.IO if the amount of the Maintenance Cost exceeds rewards for each mined block or if the mining is economically inexpedient.”

Thereby, all GHS formerly purchased by CEX.IO users remain their absolute property, with appropriate figures reflected in users’ profile balance. Additionally users will be able to manually enable mining with Gigahashes by their own choice.

“Suspension of CEX.IO cloud mining service is only a forced temporary measure, the result of cloud mining costs exceeding mining profit,” Jeffrey Smith, Chief Information Officer of CEX.IO. “Currently all cloud mining/maintenance costs are directed to the Hardware provider, hence, we are open for negotiations with additional mining hardware providers, who can offer favourable terms. And, as soon as we get an opportunity to upgrade mining hardware, or come to more efficient terms with energy suppliers, cloud mining process will be automatically resumed.”

Meanwhile, CEX.IO will continue operating as full service exchange platform for trading cryptocurrencies and fiat money.
hero member
Activity: 490
Merit: 500
February 22, 2015, 01:47:25 PM
#26
I can't believe how many absolutely idiotic stupid morons are out there who keep believing in these mining shares. For starters, the math proves that you will never get your investment paid back, let alone any interest on that investment. Second of all, all of these operations would be stupid to actually mine bitcoin since it is so troublesome. They can make money by just taking your money and slowly giving you back little by little but never giving it all back. Why would they run a gigantic bitcoin farm when they can simply run a single server and not have any headaches? Also have any of these cloud mining companies actually shown any evidence that they actually mine bitcoin? I don't think so. All you ever hear from them is "trust us, we do!" What a load of BS. Some of these operations, if they truly mine bitcoin, would have gigantic mining farms, so why can't they give us any shred of evidence that it exists? There is not even any circumstantial evidence of their existence for most of the cloud mining companies.

Lastly, even if these companies were completely honorable and actually mining like they claim to, how freaking stupid do you have to be to buy into something that you will never profit from? The only people who make any sort of profit from cloud mining are the cloud mining companies running the ponzi scheme and some people who trade fake mining contracts with gullible fools.
Yes you can make a profit, I did (you know, you sell the BTC you've invested to begin with) so after a while you start making a profit. WHy would they run a farm? Because people are not patient and expect to earn money instantly, if you wait 6 months you'll start seeing profits...

Only point I agree on you is that CEX.io is dangerous. It controls way too much of the BTC market!
sr. member
Activity: 328
Merit: 250
February 22, 2015, 01:34:32 PM
#25
I can't believe how many absolutely idiotic stupid morons are out there who keep believing in these mining shares. For starters, the math proves that you will never get your investment paid back, let alone any interest on that investment. Second of all, all of these operations would be stupid to actually mine bitcoin since it is so troublesome. They can make money by just taking your money and slowly giving you back little by little but never giving it all back. Why would they run a gigantic bitcoin farm when they can simply run a single server and not have any headaches? Also have any of these cloud mining companies actually shown any evidence that they actually mine bitcoin? I don't think so. All you ever hear from them is "trust us, we do!" What a load of BS. Some of these operations, if they truly mine bitcoin, would have gigantic mining farms, so why can't they give us any shred of evidence that it exists? There is not even any circumstantial evidence of their existence for most of the cloud mining companies.

Lastly, even if these companies were completely honorable and actually mining like they claim to, how freaking stupid do you have to be to buy into something that you will never profit from? The only people who make any sort of profit from cloud mining are the cloud mining companies running the ponzi scheme and some people who trade fake mining contracts with gullible fools.

Yea you're completely right. If you buy the GH/s, you'll never get ROI. Im using Ghash.io for mining on my own hardware.
member
Activity: 98
Merit: 10
ToQcHista
February 22, 2015, 12:04:36 PM
#24
I can't believe how many absolutely idiotic stupid morons are out there who keep believing in these mining shares. For starters, the math proves that you will never get your investment paid back, let alone any interest on that investment. Second of all, all of these operations would be stupid to actually mine bitcoin since it is so troublesome. They can make money by just taking your money and slowly giving you back little by little but never giving it all back. Why would they run a gigantic bitcoin farm when they can simply run a single server and not have any headaches? Also have any of these cloud mining companies actually shown any evidence that they actually mine bitcoin? I don't think so. All you ever hear from them is "trust us, we do!" What a load of BS. Some of these operations, if they truly mine bitcoin, would have gigantic mining farms, so why can't they give us any shred of evidence that it exists? There is not even any circumstantial evidence of their existence for most of the cloud mining companies.

Lastly, even if these companies were completely honorable and actually mining like they claim to, how freaking stupid do you have to be to buy into something that you will never profit from? The only people who make any sort of profit from cloud mining are the cloud mining companies running the ponzi scheme and some people who trade fake mining contracts with gullible fools.

Actually Bit-x is having 1PH, bought from Bitfury. Bitfury confirmed it.Check this link https://bitcointalksearch.org/topic/the-official-information-resource-for-bitfury-group-896350
But,yeah investing into cloud mining right now is not very profitable, but you will get at the end some profit if you are lucky enough (mining difficulty changes, selling and buying at the right price and so on).
 
That buyght this GHS after itself btc's earning ?

The mined BTC is credited to your account every 24 hours.

How many times exist this company (bit-x)
legendary
Activity: 1036
Merit: 1000
February 22, 2015, 10:40:51 AM
#23
I can't believe how many absolutely idiotic stupid morons are out there who keep believing in these mining shares. For starters, the math proves that you will never get your investment paid back, let alone any interest on that investment. Second of all, all of these operations would be stupid to actually mine bitcoin since it is so troublesome. They can make money by just taking your money and slowly giving you back little by little but never giving it all back. Why would they run a gigantic bitcoin farm when they can simply run a single server and not have any headaches? Also have any of these cloud mining companies actually shown any evidence that they actually mine bitcoin? I don't think so. All you ever hear from them is "trust us, we do!" What a load of BS. Some of these operations, if they truly mine bitcoin, would have gigantic mining farms, so why can't they give us any shred of evidence that it exists? There is not even any circumstantial evidence of their existence for most of the cloud mining companies.

Lastly, even if these companies were completely honorable and actually mining like they claim to, how freaking stupid do you have to be to buy into something that you will never profit from? The only people who make any sort of profit from cloud mining are the cloud mining companies running the ponzi scheme and some people who trade fake mining contracts with gullible fools.

Actually Bit-x is having 1PH, bought from Bitfury. Bitfury confirmed it.Check this link https://bitcointalksearch.org/topic/the-official-information-resource-for-bitfury-group-896350
But,yeah investing into cloud mining right now is not very profitable, but you will get at the end some profit if you are lucky enough (mining difficulty changes, selling and buying at the right price and so on).
 
That buyght this GHS after itself btc's earning ?

The mined BTC is credited to your account every 24 hours.
member
Activity: 98
Merit: 10
ToQcHista
February 22, 2015, 10:16:31 AM
#22
That buyght this GHS after itself btc's earning ?
newbie
Activity: 57
Merit: 0
February 22, 2015, 10:16:10 AM
#21
I can't believe how many absolutely idiotic stupid morons are out there who keep believing in these mining shares. For starters, the math proves that you will never get your investment paid back, let alone any interest on that investment. Second of all, all of these operations would be stupid to actually mine bitcoin since it is so troublesome. They can make money by just taking your money and slowly giving you back little by little but never giving it all back. Why would they run a gigantic bitcoin farm when they can simply run a single server and not have any headaches? Also have any of these cloud mining companies actually shown any evidence that they actually mine bitcoin? I don't think so. All you ever hear from them is "trust us, we do!" What a load of BS. Some of these operations, if they truly mine bitcoin, would have gigantic mining farms, so why can't they give us any shred of evidence that it exists? There is not even any circumstantial evidence of their existence for most of the cloud mining companies.

Lastly, even if these companies were completely honorable and actually mining like they claim to, how freaking stupid do you have to be to buy into something that you will never profit from? The only people who make any sort of profit from cloud mining are the cloud mining companies running the ponzi scheme and some people who trade fake mining contracts with gullible fools.
member
Activity: 98
Merit: 10
ToQcHista
February 22, 2015, 10:01:48 AM
#20
Thanks nick for answer. I now on bit-x will made invest .
legendary
Activity: 1036
Merit: 1000
February 22, 2015, 09:57:19 AM
#19
Yes may be the most reliable place to buy ghs online! Or trade
Regards


Always pays? I've heard that fake is.

Cex.io is legit, but it isn't worth mining there the maintaince fee is high! The fee is 1 GHS maintenance = $0.105 per month and the price of 1 Ghs right now on cex.io is 0.17880037 USD per GH/s.So after 1 month you would be in minus (-) = -0.00008047 (not counting the difficult increase...).
Enter 1Ghs on this site --> https://alloscomp.com/bitcoin/calculator and calculate minus the maintenace fee which is right now 0,0004249 BTC /Ghs per month.


okey,i understand your opinion, i'm else interesed this mining how is ? > https://www.cryptsy.com/currencies/view/MN


 Mining site or which is better?

If i have understanded correct the cryptsy mining shares. 1 share is 1.167 Ghs/s and it costs arround 0.0048 BTC per share? At that price you would never ROI..  Undecided

Check out rather Bit-x mining (link in my signature) they are for now providing profitable mining.



this is website? > https://bit-x.com/


how to start mining?

Yes, that website.

Register on the site, deposit BTC and place a buy order for Ghs...and that is all you need to do.

I would preffer cex.io its trusted and best for a newbie and u can trade, mine and chat at the same time
I would strongly recommend u to use cex.io
It will mine all coins at the same time and maily will be mining btc but other coins at the same time

Yeah, but cex.io is not profitable...you will be getting nothing in return and you will need to pay double at the end.Please, read my quote if you didn't.

Quote
Cex.io is legit, but it isn't worth mining there the maintaince fee is high! The fee is 1 GHS maintenance = $0.105 per month and the price of 1 Ghs right now on cex.io is 0.17880037 USD per GH/s.So after 1 month you would be in minus (-) = -0.00008047 (not counting the difficult increase...).
Enter 1Ghs on this site --> https://alloscomp.com/bitcoin/calculator (https://alloscomp.com/bitcoin/calculator) and calculate minus the maintenace fee which is right now 0,0004249 BTC /Ghs per month.
member
Activity: 98
Merit: 10
ToQcHista
February 22, 2015, 09:55:29 AM
#18
Yes may be the most reliable place to buy ghs online! Or trade
Regards


Always pays? I've heard that fake is.

Cex.io is legit, but it isn't worth mining there the maintaince fee is high! The fee is 1 GHS maintenance = $0.105 per month and the price of 1 Ghs right now on cex.io is 0.17880037 USD per GH/s.So after 1 month you would be in minus (-) = -0.00008047 (not counting the difficult increase...).
Enter 1Ghs on this site --> https://alloscomp.com/bitcoin/calculator and calculate minus the maintenace fee which is right now 0,0004249 BTC /Ghs per month.


okey,i understand your opinion, i'm else interesed this mining how is ? > https://www.cryptsy.com/currencies/view/MN


 Mining site or which is better?

If i have understanded correct the cryptsy mining shares. 1 share is 1.167 Ghs/s and it costs arround 0.0048 BTC per share? At that price you would never ROI..  Undecided

Check out rather Bit-x mining (link in my signature) they are for now providing profitable mining.



this is website? > https://bit-x.com/


how to start mining?

Yes, that website.

Register on the site, deposit BTC and place a buy order for Ghs...and that is all you need to do.

I would preffer cex.io its trusted and best for a newbie and u can trade, mine and chat at the same time
I would strongly recommend u to use cex.io
It will mine all coins at the same time and maily will be mining btc but other coins at the same time



Cex.io which is in mining ?


Thanks nic
full member
Activity: 168
Merit: 100
★777Coin.com★ Fun BTC Casino!
February 22, 2015, 09:47:47 AM
#17
Yes may be the most reliable place to buy ghs online! Or trade
Regards


Always pays? I've heard that fake is.

Cex.io is legit, but it isn't worth mining there the maintaince fee is high! The fee is 1 GHS maintenance = $0.105 per month and the price of 1 Ghs right now on cex.io is 0.17880037 USD per GH/s.So after 1 month you would be in minus (-) = -0.00008047 (not counting the difficult increase...).
Enter 1Ghs on this site --> https://alloscomp.com/bitcoin/calculator and calculate minus the maintenace fee which is right now 0,0004249 BTC /Ghs per month.


okey,i understand your opinion, i'm else interesed this mining how is ? > https://www.cryptsy.com/currencies/view/MN


 Mining site or which is better?

If i have understanded correct the cryptsy mining shares. 1 share is 1.167 Ghs/s and it costs arround 0.0048 BTC per share? At that price you would never ROI..  Undecided

Check out rather Bit-x mining (link in my signature) they are for now providing profitable mining.



this is website? > https://bit-x.com/


how to start mining?

Yes, that website.

Register on the site, deposit BTC and place a buy order for Ghs...and that is all you need to do.

I would preffer cex.io its trusted and best for a newbie and u can trade, mine and chat at the same time
I would strongly recommend u to use cex.io
It will mine all coins at the same time and maily will be mining btc but other coins at the same time
legendary
Activity: 1036
Merit: 1000
February 22, 2015, 09:37:30 AM
#16
all the mining websites are ponzi's and you wont earn anything using them.

Not all cloud mining websites are ponzi's, there are only few legit ones Bit-x, Hashnest, AMHash and KNC Cloud.
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