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Topic: Confused about CEX.IO Cloud Mining (Read 406 times)

legendary
Activity: 1022
Merit: 1010
HALO Coin Project Lead - Mod @ r/PaintingTheTape
April 15, 2015, 03:44:58 AM
#3
So I've searched the forum; but it's been a bit quiet on the issue.

CEX.IO suspended cloud mining in January.  I realize GH/BTC and other pairs are still being traded on their exchange; but why does their website still advertise them as a Cloud Mining Service? 

Theres no indication that they are no longer mining. Or are they?

Sorry if I have missed the obvious... but I don't understand why they would have Mining as a service on their site if they don't offer it at all.

Strato


They aren't mining because the maintaince is too high at the moment to be profitable but you can still buy/sell the contracts if they ever resume mining.

Don't you find it slightly odd that they don't state that on their site?

I mean; essentially they are saying buy this product; but in reality, if you "didnt get the memo" 4 months ago, you would have no idea that what you are buying is essentially nothing.

Strato
legendary
Activity: 3738
Merit: 1708
April 15, 2015, 03:34:52 AM
#2
So I've searched the forum; but it's been a bit quiet on the issue.

CEX.IO suspended cloud mining in January.  I realize GH/BTC and other pairs are still being traded on their exchange; but why does their website still advertise them as a Cloud Mining Service? 

Theres no indication that they are no longer mining. Or are they?

Sorry if I have missed the obvious... but I don't understand why they would have Mining as a service on their site if they don't offer it at all.

Strato



They aren't mining because the maintaince is too high at the moment to be profitable but you can still buy/sell the contracts if they ever resume mining.
legendary
Activity: 1022
Merit: 1010
HALO Coin Project Lead - Mod @ r/PaintingTheTape
April 15, 2015, 03:30:03 AM
#1
So I've searched the forum; but it's been a bit quiet on the issue.

CEX.IO suspended cloud mining in January.  I realize GH/BTC and other pairs are still being traded on their exchange; but why does their website still advertise them as a Cloud Mining Service? 

Theres no indication that they are no longer mining. Or are they?

Sorry if I have missed the obvious... but I don't understand why they would have Mining as a service on their site if they don't offer it at all.

Strato

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