Topic: I Will Pay You To Mine With CEX.IO (Read 2282 times)

Yeah, I m just treating cex as a passive coin generator now

That would only give me around 0.023 ghs so it will mine barely anything.

I have 2.8 ghs now and I am planning to buy 5 more

0.2% will not account for much to be honest,

And the 20% or so fees on maintenance is what you would expect to pay if you mined in your own home, if not LESS expensive than hosting your own equipment.

https://cex.io/maintenance

19.68% of mining profit. But that's only if you use their cloud hashing, if you have your own hardware it's still 0% pool fee.

Their site is starting to get greedy. They charge a .2% fee temporary then it will range from .2-.5% based on trade volume. On top of this they are charging about 20% in fees (electric/hosting/etc). It used to be profitable to play as an exchange and look at the mining as interest. However now they charge trading fees and maintenance fees making it very hard to turn a profit at their ridiculous btc/gh rate.

Yes they charge a maintenance fee(electricity/hosting/repair), i think it was slightly over 12% of the mining incomes last time i looked at there site, it's probably slightly more now.
Recently they announced there about to charge fees(0,2-0,5%?) when people trade there GH to.

You'll have to state how many you have now and what you plan on buying.

What you have to understand is that you may sell off your GH/s (maybe at a higher price!) so what it has mined you is profit PLUS any difference when you sold.

well, i have some ghs. can i create another account then transfer them over? what will i get?

Profitable ?? You have to explain me because, according to my calculations it is not :

0.01124000*100GH = 1.124807 BTC

date (dd/mm/yy)    days    days added     +diff                       diff   gain in BTC   gain added   FIAT minus electricity   FIAT added
8/4/14                 10.2          10.2          0.00%   6,119,726,089   0.08256544   0.08256544   33                        33
18/4/14                 15          25.2          19.15%   7,291,653,635   0.09966282   0.18222827   39                        72
3/5/14                 15          40.2          20.00%   8,749,984,362   0.07973026   0.26195852   30                        102
18/5/14                 15          55.2          20.00%   10,499,981,234   0.06378421   0.32574273   23                        125
2/6/14                 15          70.2          20.00%   12,599,977,481   0.05102737   0.37677010   17                        143
17/6/14                 15          85.2          20.00%   15,119,972,978   0.04082189   0.41759199   13                        155
2/7/14                 15          100.2       20.00%   18,143,967,573   0.03265751   0.45024951   9                        165
17/7/14                 15          115.2       20.00%   21,772,761,088   0.02612601   0.47637552   6                        171
1/8/14                 15          130.2       20.00%   26,127,313,305   0.02090081   0.49727633   4                        175
16/8/14                 15          145.2       20.00%   31,352,775,966   0.01672065   0.51399697   2                        177
31/8/14                 15          160.2       20.00%   37,623,331,160   0.01337652   0.52737349   1                        177
15/9/14                 15          175.2       20.00%   45,147,997,392   0.01070121   0.53807470   -1                        177

So you spend 1.124 and may get back 0.538 BTC after 5.84 months ?

Do CEX.IO charge fees ? What happen when the price of electricity > gain ??

Bump

Let's say you buy 100ghs under my link, I will get 3 ghs as a bonus, then I'll see what it makes me and offer you btc in return. The more ghs you buy the more I'll be willing you pay you!

I don't know would other or not but I will!)))
How mush would you pay? If you are going to realise your project

I dont think that is the case, it is more expensive than PBmining because you arent fixed to 5 years (WTF!!) of mining and you can resell your GH/s any time you like!

I heard cex.io have the most expensive hash ?

Yeah, that is the risk part

Not always. Luck favors the brave when it comes to high risk.

@ Howzar it is better if you just advertise with your referral link in google advertising, so you can get referrals without paying here and there. Here the chances are there are too many less people who just mine using them. So chances for you are low.

Yeah, but high risk means faster/bigger profit.

Now that's a high risk 'investment' hahah