Topic: Cex.IO what can i do with GHS? (Read 2083 times)

Are you serious? That's insane! How do they even have that many customers if they have to jump through those loops! I always figured buying hash power over there was the latest craze because it was really simple and people could actually mine, without being scammed by an ASIC manufacturer!

Just keep trade it someone on this forum as a trade.

On top of whatever the deal may come out to be. Its a nice gesture as a gift.

Or just keep it, you never know how much you maybe short to completing a solid bitcoin lol.

Getting 0.0002 BTC out from cex.io is better then keeping the hash and get less later ...

The transaction fees would be really high. Gambling doesn't mean a guaranteed return. People may get addicted to gambling after winning for a few times. The transaction fees would be 0.0001 from withdrawing from cex.io, leaving you with 0.0002BTC. Even if you win, the payout is low.

Why would they make it nearly impossible for newbies to enter Cex.IO?

You send someone a voucher, to get them to signup for the site, then it gets complicated beyond believe.

First off, you MUST enable 2FA or you f#$%ed. To do this, you have to configure APPs on your phone {Authy} - If this fail, and it did with "No carrier Rockchip S10" problem, you can skip the APP and say you have no smart phone, and they must send your code via SMS <--- But you never get the SMS and the APP says -->Install successful.

Then you enter the site, and you try to redeem the voucher, but it stops you, and tells you this " Please enable two-factor authentication and verify your identity to be able to process fiat transactions "

To verify your identity, you have to do this :

Our beta-testing offer is limited, so please make sure that you meet all the requirements below:
 
1. Your age is not less than 21 years
2. You have the following documents required for verification:
 - Passport or National ID
 - Proof of Residency
3. You agree to provide us with scans of your passport or national ID, and agree to present the documents via Skype call as a part of the video verification process.
4. You have a bank account, which allows you to send bank transfers or transfer funds via VISA/MasterCard.
5. You are aware that the minimum funding/withdrawal limit for beta testing is 50 USD.
6. You have a web-camera with resolution not less than 1 MP for live video verification.
7. You have Skype installed.
8. You are proficient in basic English.
9. Your CEX.IO account is older than 3 months.
10. Two-Factor Authentication is enabled on your CEX.IO account.

Apart from getting a enema to get bodily fluids, it's impossible to enable 2FA or to verify your identity or to redeem your voucher.

WTF, why would they make this so impossible for people to join, once you refer them and give them free vouchers? 

I recommend you to use them for selling, you wont get much of them.

sell all and go gambling . thats nothing.

With that almost nothing... but join signature campaing, as I did, and use your ces.io wallet here. Ive got about 27GH/s just from signature services here. I suggest you buy gh/s now since the price is low and wait for it to get higher.

Worth it.

Agree that cex.io hashrate is over-priced and the maintenance fee is high, but it is not as high as 50%.
With 1 GH/s, you can approximately get $0.47 a month at current difficulty and btc price, and the site charges you $0.18 a month for maintenance fee which is about 40%.

I don't think it would be profitable for you even at 10% off. Also, are you going to pay 0.0001 fees for a 0.0005 transaction? It doesn't seem logical.
You are wasting a lot for something that gives you satoshis for 0.0005.

Sell it to me @ 10% off

Sell it and withdraw to your wallet?

Sell it on listia and earn some points later you exchange points with various rewards and giftcards and bitcoins I exactly do this to grab bitcoins more by invest small

Just sell it. Mining is kinda pointless, unless you have a good rig that can give hundreds of gigahashes.

All I can think of is selling them to someone gullible. Or giving them as a gift. I would never buy that garbage....

Cex.io GH/s is not worthless, but it is worth much less than its current price because of the 50% maintenance fee.

1 GH/s at cex.io is worth about 2.2 mBTC, but it sells for about 3.38 mBTC. Sell it now for a 50% profit!

Not much... Slowly buy more GH/S if you want but realy, its effectively worthless now. check back on it every month or so and buy more.

Agree, sell it and keep BTC is even better...

Funny thing is, your daily return on that is 15 times less than using a faucet once a day. {2 minutes of your day} Most faucets pay out 300 Satoshi's per hour.

Just to show you how little that is.  It's heartbreakingly true.

Rather sell it, for more profit.