for me it is the single reason for staying with cexio and that's the equipment being maintained by them, buying equipment is very expensive now and you don't see an ROI for a long time, by which time the difficulty is always increasing.
Are you saying that if you use equipment maintained by them, the difficulty rise wont affect you?
I dont understand on what basis do people buy GH/s on cex.io. 1 GH/s bought today at cex.io will make a total of ~0.01 BTC in its lifetime (assuming 30% difficulty jumps) and from mid may will actually start costing more in maintenance fee than it would mine.
I have a feeling that they artificially inflate prices to make people think that their GH/s is actually worth something. One day when people get better at math, it'll come crashing down. Hope you aren't still holding your GH/s on that day.
First of all, it depends in what way you take to profit using cexio\ghashio - I get the feeling a lot of people don't quite understand the concept.
There are 3 ways you do this.
1. Buy gig and sell gig, just as you would buy and sell coins on an exchange.
2. Buy gig and use that to mine.
3. Do both
With number 1. the price is determined by what someone is willing to pay for a gig, exactly the same as what influences the price of a bitcoin. It has nothing to do with mining or difficulty.
I am already ahead of my initial outlay, and I've only been doing this for 2 months now, but since this whole experience moves ever so fast, I am keeping a close eye on the profit drop per block on a daily basis.
~Foyz
