I can show you where they are making more than their miners,
So you are accusing them of making a profit? Is by your definition Amazon a "scam company" because they charge more than it costs them?
I cna show you where buying thie cloud causes you to lose BTC rather than gain it, I can show you where their reported hashrates of your machines are more than 10% + or _ minus,
Im pretty sure you cant, and that you are unable to distinguish between pool luck and hashrate variation.
I can show you where they are payng us onlky 50% of our work. That SIR is a scam company!!!!
Again, I strongly suspect you dont understand pool luck, but prove me wrong.
ANd FYI your contractual agreement is bullshit they base their contractual agreement on a base of X amount of dollars per GHS for maintenance fees yet charge us per share submitted, there is your discrepancy, If they only charge X amount of dollars per GHS why do i get charged on every lock I mine, should not the Fees be taken at the beginning of every month before they are accrued to be more fair?
No, because you can sell your contract at any time, why would it be fair to have to pay fees for the entire month on the first day of that month? Moreover, throughout the month the price of bitcoin can vary pretty wildly.. If BTC exchange rate doubled in the course of a month, Im sure you would accuse them of scamming if they charged you based on the exchange rate of the beginning of the month. So if cex.io does that calculation every block, I have no problems with that as long as the average works out. If it does not, then prove it.
then at the end of the month the amount of BTC you have left over is your profit after the fees? And to be honest if I wanted to take the time I could disprove their what is it 10 cents per GHS, that is a flat our lie, i get charged well over 10 cents per GHS in fees every month. its more like 10 cents per GHS per block solved
Stop ranting and show us the numbers. Cex.io has many thousands of users and a profitable business model that doesnt require skimming or scamming. If what you say is true, Im fairly certain Id have seen the evidence from someone able to do basic arithmetic.
Thing is, like many you seem mad at cex.io because you didnt make a profit. and/or their prices are absurd The same goes for cryptx users. In both cases I went out of my way to show people those prices were insane and predicted what would happen, but also in both cases these companies to my knowledge have provided exactly what they promised, which is more than will be said from the majority of companies on my list.
No by miners I was talking about the people who pay them for cloud and the ones who point their machines there, So what is your excuse for them reporting sometimes 20 to 50 percent of the rates of the machines pointed at their pool, what can you pull out of your ass to protect them about that? let em guess Variance or wait maybe pool luck, or I bet its my machines ahuh anything but CEX of course.
Ye i actually can prove this part and here is your proof. of how you buy Cloud mining and lose money on cex.io this is pulled directly from my account there.
2014-12-13 11:22:30 -0.00010634 BTC -0.00007886 MAINTENANCE - Shares 216576 , Cost: -0.00010634
2014-12-13 11:22:30 0.00005109 BTC 0.00002748 MINING - Block #334075, Reward: 0.00005109
2014-12-13 07:09:50 -0.00007693 BTC -0.00010046 MAINTENANCE - Shares 156672 , Cost: -0.00007693
2014-12-13 07:09:50 0.00005014 BTC -0.00002353 MINING - Block #334049, Reward: 0.00005014
2014-12-13 05:20:47 -0.00011816 BTC -0.00007367 MAINTENANCE - Shares 240640 , Cost: -0.00011816
2014-12-13 05:20:47 0.00004888 BTC 0.00004449 MINING - Block #334038, Reward: 0.00004888
2014-12-13 02:36:42 -0.00006185 BTC -0.00000439 MAINTENANCE - Shares 125952 , Cost: -0.00006185
2014-12-13 02:36:42 0.00004143 BTC 0.00005746 MINING - Block #334031, Reward: 0.00004143
This is just a few blocks do you need more how about different sized hashrates o their cloud. how much do you need. do you see the rewards are lower than the fees. THIS IS NOT EVER POSSIBLE UNLESS YOUR RIPPING PEOPLE OFF some of them have fees that are doube and truiple what the reward was OMG SCAM!!!
I understand pool luck I am not stupid, You have your head sofar up CEX.ios ass you cant see the truth if it smacked you i the lips, thats not my problem its yours.
Ok seriously did you even mention about something being fair HOW STUPID ARE YOU, what is fair about pointing 20THS at their pool and them showing we have only 3 THS pointed there for 19 hours? What is fair about them having a server problem and wasting our electricity but not reimbursing us for their problems that they got paid for. What is fair about paying them X amount of BTC for cloud mining then having fees larger than the rewards. What is fair about solving blocks then not paying out on thsoe blocks until we make suh a huge fuss they have no choice, what is fair about hiding blocks that we solve? Please tell me anything that is fair about CEX.io that is not outlandishly a fabrication in your mind that is so far up their ass?
the proof you desire is everywhere you choose not to believe it. I am not the only one complaining, and others are noticing their bullshit too they dropped 10 PHS this past month in hardware miners pointing their machines at them.
Your problem is, like a lot of wannabe know it alls in the bitcoin industry, you have no equipment, you do not run true tests, you have a lot to say and a huge opinion backed up by nothing, no real work involved, no real machines you test with, no real accounts just your opinion.
You are a waste of our time, and a waste of space, Sorry to be blunt but you sir piss me off.