Payouts from Ghash.io less than predicted?

picolo

hero member

Activity: 1022

Merit: 500

Quote from: gorgeouskykhan on November 25, 2014, 09:42:28 AM

Dear everbody,

I have got 134 GH/s cloud mining from "cex.io" for a while. Also I have got 60 GH/s from "genesis mining" cloud services.
They are lifetime based and GH/s from cex.io is tradeable and refundable via exchange trading. Also, I will prefer genesis mining for altcoins later.

Therefore, I have got 4GH/s from cloudhashing.com It is old style of cloud mining as contracts as 12 months.
It will be ended the first week of December. I paid 299 dollars for it at last year.

Other on the hand, I am victim of scam of Bitco Miners at the date of January of 2014.
It said that give 3 months period contracts. I paid 100 dollars for 50GH/s at that moment. There is a link below.
https://bitcointalksearch.org/topic/buyer-beware-bitco-miners-scam-399608

Also I paid nearly 60 dollars for 5GH/s Butterfly labs cloud mining contracts last year. So It has been placed into a temporary receivership pursuant to court orders. You can visit their website.

So What shold I do ?
Even if cex.io is not profitable, it is the most logical cloud mining service I have ever seen.

You can sell your GHS at cex.io and keep buying BTC. You don't have to cloudmine. There are also new companies that offer GHS at a lower cost, they have a lower maintenance cost too.

gorgeouskykhan

newbie

Activity: 20

Merit: 0

Dear everbody,

I have got 134 GH/s cloud mining from "cex.io" for a while. Also I have got 60 GH/s from "genesis mining" cloud services.
They are lifetime based and GH/s from cex.io is tradeable and refundable via exchange trading. Also, I will prefer genesis mining for altcoins later.

Therefore, I have got 4GH/s from cloudhashing.com It is old style of cloud mining as contracts as 12 months.
It will be ended the first week of December. I paid 299 dollars for it at last year.

Other on the hand, I am victim of scam of Bitco Miners at the date of January of 2014.
It said that give 3 months period contracts. I paid 100 dollars for 50GH/s at that moment. There is a link below.
https://bitcointalksearch.org/topic/buyer-beware-bitco-miners-scam-399608

Also I paid nearly 60 dollars for 5GH/s Butterfly labs cloud mining contracts last year. So It has been placed into a temporary receivership pursuant to court orders. You can visit their website.

So What shold I do ?
Even if cex.io is not profitable, it is the most logical cloud mining service I have ever seen.

dmasys

member

Activity: 85

Merit: 10

Quote from: argaostar on November 25, 2014, 05:56:06 AM

I have used Ghash.io for 5 months. The difficulty goes up and income goes down. End of June this year I bought 2 pcs S2 Antminers for 4000 $
Got good income first month, but it declined month after month. I am now down in 0,5 btc/month and that does not pay electricity bill.
I am now closing down this gambling, I lost 1000$ on this game. I strongly advice you guys not to start this game. Even if you buy a cheaper machine, it will be obsolete in 3 months time.
Those who win is probably those who buy and sell bitcoin.
PS. I am in Sweden where power cost is very low, but still no chance to reach ROI
The winner here is the electric company and those who built the machines. The naked truth!

you´re absolutly right !
i bought all of my miners as used... f.e. if the miner gots 1 ths i only pay max 50% of it in euro - so, max 625$...
then you are ROI @ 3 - 4 month to get a few bucks over!

to start this business with new miners u got to have a lot of money to play with or a really cheap distributor where u can buy.

a week ago i switched all miners with actually 28 ths from cex to btcguild and i´m better... only leave my scrypt miners there for doge & ltc and i´m fine with this

argaostar

newbie

Activity: 9

Merit: 0

I have used Ghash.io for 5 months. The difficulty goes up and income goes down. End of June this year I bought 2 pcs S2 Antminers for 4000 $
Got good income first month, but it declined month after month. I am now down in 0,5 btc/month and that does not pay electricity bill.
I am now closing down this gambling, I lost 1000$ on this game. I strongly advice you guys not to start this game. Even if you buy a cheaper machine, it will be obsolete in 3 months time.
Those who win is probably those who buy and sell bitcoin.
PS. I am in Sweden where power cost is very low, but still no chance to reach ROI
The winner here is the electric company and those who built the machines. The naked truth!

DarkRavenGamer

newbie

Activity: 33

Merit: 0

I have all my Antminer S3+ mining on ghash.io, I've also noticed that I'm getting less than the calculators are saying I should get. I will give it a few more days to get it confirmed.

picolo

hero member

Activity: 1022

Merit: 500

Quote from: dmasys on November 16, 2014, 11:01:29 AM

Quote from: picolo on November 15, 2014, 10:08:56 PM

Quote from: dmasys on November 15, 2014, 07:47:38 PM

Quote from: picolo on November 15, 2014, 04:26:43 PM

Quote from: mavericklm on November 15, 2014, 07:30:02 AM

why would u use ghash when there other beter pools with 0% fee's!

There is a recommandation of eleuthria here : https://bitcointalksearch.org/topic/m.9395478

Quote from: dmasys on November 15, 2014, 06:38:31 AM

Quote from: picolo on November 14, 2014, 04:25:23 PM

Quote from: dmasys on November 14, 2014, 05:44:52 AM

hah! buying ghs is the best what you can do -> FOR CEX !
you pay fee´s for every transaction and pay fee for holding ghs... that i know!

i switched my miners to eligius and get the first day about 0,42 and the second 0,26 ... but the delay between the payouts are to high (sometimes)...
bitminter is a good pool to but since the last increase of the diff the luck is verry bad Sad

whats another good pool, identical to cex but little more fair ?!

Previous bad luck can make you suspicious but doesn't predict future performance. Do you know Cloudminr?

yes, have read it... will contact it next days do ask conditions.
you got mining power there or any experience ?

I am advertising them and I got a voucher of 18 Ghs with them a few days ago but I didn't deposit /withdraw.

The signature campaign is well organized and the website is easy to use but I don't know the owner and didn't visit their operations.

ok... 18 ghs voucher Wink

fine but when you are in with about 25 - 30 TH/s its another one ... i spend a lot of money in equipment and also a lot of my time... anyways i´m realy unhappy with cex. they dont care if anything is wrong - and there is no transparency on it ... they earn on exchange fees, trade fees, and a lot of other things.

when u look what your 18 ghs will do nothing more than negative balance ... cool ...
my highest ghs was 200 i think but maybe u remeber - a few weeks ago the ghs market dropped so everyone gets negative balance cause of the maintanance fee ...
i got luck. i sold a few hours bevor price drops... now i investet in some real cloud services and get my payouts per day and per week ...
i´m startet leaving cex today and switched the first 10 miners to eligius ... see whats happnd Wink

If you were unhappy with cex, you were right to leave it. Cloudminr is very new but seems very professional; my balance is positive so far

ahm.... i´m talking about real hardware i´ve got on cex mining ... not ghs´s ?! do you try to make some referals Wink

Yes, you have real hardware to connect, I don't have any hardware with cloudminr or cex but I got Ghs from having a link to their website in my signature; they pay well but I cannot write my referral link in my signature.

dmasys

member

Activity: 85

Merit: 10

Quote from: picolo on November 15, 2014, 10:08:56 PM

Quote from: dmasys on November 15, 2014, 07:47:38 PM

Quote from: picolo on November 15, 2014, 04:26:43 PM

Quote from: mavericklm on November 15, 2014, 07:30:02 AM

why would u use ghash when there other beter pools with 0% fee's!

There is a recommandation of eleuthria here : https://bitcointalksearch.org/topic/m.9395478

Quote from: dmasys on November 15, 2014, 06:38:31 AM

Quote from: picolo on November 14, 2014, 04:25:23 PM

Quote from: dmasys on November 14, 2014, 05:44:52 AM

hah! buying ghs is the best what you can do -> FOR CEX !
you pay fee´s for every transaction and pay fee for holding ghs... that i know!

i switched my miners to eligius and get the first day about 0,42 and the second 0,26 ... but the delay between the payouts are to high (sometimes)...
bitminter is a good pool to but since the last increase of the diff the luck is verry bad Sad

whats another good pool, identical to cex but little more fair ?!

Previous bad luck can make you suspicious but doesn't predict future performance. Do you know Cloudminr?

yes, have read it... will contact it next days do ask conditions.
you got mining power there or any experience ?

I am advertising them and I got a voucher of 18 Ghs with them a few days ago but I didn't deposit /withdraw.

The signature campaign is well organized and the website is easy to use but I don't know the owner and didn't visit their operations.

ok... 18 ghs voucher Wink

fine but when you are in with about 25 - 30 TH/s its another one ... i spend a lot of money in equipment and also a lot of my time... anyways i´m realy unhappy with cex. they dont care if anything is wrong - and there is no transparency on it ... they earn on exchange fees, trade fees, and a lot of other things.

when u look what your 18 ghs will do nothing more than negative balance ... cool ...
my highest ghs was 200 i think but maybe u remeber - a few weeks ago the ghs market dropped so everyone gets negative balance cause of the maintanance fee ...
i got luck. i sold a few hours bevor price drops... now i investet in some real cloud services and get my payouts per day and per week ...
i´m startet leaving cex today and switched the first 10 miners to eligius ... see whats happnd Wink

If you were unhappy with cex, you were right to leave it. Cloudminr is very new but seems very professional; my balance is positive so far

ahm.... i´m talking about real hardware i´ve got on cex mining ... not ghs´s ?! do you try to make some referals Wink

picolo

hero member

Activity: 1022

Merit: 500

Quote from: dmasys on November 15, 2014, 07:47:38 PM

Quote from: picolo on November 15, 2014, 04:26:43 PM

Quote from: mavericklm on November 15, 2014, 07:30:02 AM

why would u use ghash when there other beter pools with 0% fee's!

There is a recommandation of eleuthria here : https://bitcointalksearch.org/topic/m.9395478

Quote from: dmasys on November 15, 2014, 06:38:31 AM

Quote from: picolo on November 14, 2014, 04:25:23 PM

Quote from: dmasys on November 14, 2014, 05:44:52 AM

hah! buying ghs is the best what you can do -> FOR CEX !
you pay fee´s for every transaction and pay fee for holding ghs... that i know!

i switched my miners to eligius and get the first day about 0,42 and the second 0,26 ... but the delay between the payouts are to high (sometimes)...
bitminter is a good pool to but since the last increase of the diff the luck is verry bad Sad

whats another good pool, identical to cex but little more fair ?!

Previous bad luck can make you suspicious but doesn't predict future performance. Do you know Cloudminr?

yes, have read it... will contact it next days do ask conditions.
you got mining power there or any experience ?

I am advertising them and I got a voucher of 18 Ghs with them a few days ago but I didn't deposit /withdraw.

The signature campaign is well organized and the website is easy to use but I don't know the owner and didn't visit their operations.

ok... 18 ghs voucher Wink

fine but when you are in with about 25 - 30 TH/s its another one ... i spend a lot of money in equipment and also a lot of my time... anyways i´m realy unhappy with cex. they dont care if anything is wrong - and there is no transparency on it ... they earn on exchange fees, trade fees, and a lot of other things.

when u look what your 18 ghs will do nothing more than negative balance ... cool ...
my highest ghs was 200 i think but maybe u remeber - a few weeks ago the ghs market dropped so everyone gets negative balance cause of the maintanance fee ...
i got luck. i sold a few hours bevor price drops... now i investet in some real cloud services and get my payouts per day and per week ...
i´m startet leaving cex today and switched the first 10 miners to eligius ... see whats happnd Wink

If you were unhappy with cex, you were right to leave it. Cloudminr is very new but seems very professional; my balance is positive so far

dmasys

member

Activity: 85

Merit: 10

Quote from: picolo on November 15, 2014, 04:26:43 PM

Quote from: mavericklm on November 15, 2014, 07:30:02 AM

why would u use ghash when there other beter pools with 0% fee's!

There is a recommandation of eleuthria here : https://bitcointalksearch.org/topic/m.9395478

Quote from: dmasys on November 15, 2014, 06:38:31 AM

Quote from: picolo on November 14, 2014, 04:25:23 PM

Quote from: dmasys on November 14, 2014, 05:44:52 AM

hah! buying ghs is the best what you can do -> FOR CEX !
you pay fee´s for every transaction and pay fee for holding ghs... that i know!

i switched my miners to eligius and get the first day about 0,42 and the second 0,26 ... but the delay between the payouts are to high (sometimes)...
bitminter is a good pool to but since the last increase of the diff the luck is verry bad Sad

whats another good pool, identical to cex but little more fair ?!

Previous bad luck can make you suspicious but doesn't predict future performance. Do you know Cloudminr?

yes, have read it... will contact it next days do ask conditions.
you got mining power there or any experience ?

I am advertising them and I got a voucher of 18 Ghs with them a few days ago but I didn't deposit /withdraw.

The signature campaign is well organized and the website is easy to use but I don't know the owner and didn't visit their operations.

ok... 18 ghs voucher Wink

fine but when you are in with about 25 - 30 TH/s its another one ... i spend a lot of money in equipment and also a lot of my time... anyways i´m realy unhappy with cex. they dont care if anything is wrong - and there is no transparency on it ... they earn on exchange fees, trade fees, and a lot of other things.

when u look what your 18 ghs will do nothing more than negative balance ... cool ...
my highest ghs was 200 i think but maybe u remeber - a few weeks ago the ghs market dropped so everyone gets negative balance cause of the maintanance fee ...
i got luck. i sold a few hours bevor price drops... now i investet in some real cloud services and get my payouts per day and per week ...
i´m startet leaving cex today and switched the first 10 miners to eligius ... see whats happnd Wink

goozman96

hero member

Activity: 728

Merit: 500

I've never had a bad experience with eligius. They don't require registration, which removes an extra step for getting started.

picolo

hero member

Activity: 1022

Merit: 500

Quote from: mavericklm on November 15, 2014, 07:30:02 AM

why would u use ghash when there other beter pools with 0% fee's!

There is a recommandation of eleuthria here : https://bitcointalksearch.org/topic/m.9395478

Quote from: dmasys on November 15, 2014, 06:38:31 AM

Quote from: picolo on November 14, 2014, 04:25:23 PM

Quote from: dmasys on November 14, 2014, 05:44:52 AM

hah! buying ghs is the best what you can do -> FOR CEX !
you pay fee´s for every transaction and pay fee for holding ghs... that i know!

i switched my miners to eligius and get the first day about 0,42 and the second 0,26 ... but the delay between the payouts are to high (sometimes)...
bitminter is a good pool to but since the last increase of the diff the luck is verry bad Sad

whats another good pool, identical to cex but little more fair ?!

Previous bad luck can make you suspicious but doesn't predict future performance. Do you know Cloudminr?

yes, have read it... will contact it next days do ask conditions.
you got mining power there or any experience ?

I am advertising them and I got a voucher of 18 Ghs with them a few days ago but I didn't deposit /withdraw.

The signature campaign is well organized and the website is easy to use but I don't know the owner and didn't visit their operations.

mavericklm

hero member

Activity: 742

Merit: 500

Pool Recommendations

For users looking for a new home for their miners, I highly recommend BitMinter, Eligius, and p2pool. I do not recommend Slush over any of those 3 options, and I actively encourage users to not use Discus Fish or GHash.io. Other smaller pools exist which are run by honest people, but due to their size, it is difficult to recommend them to the average miner.

by eleuthria owner of btcguild

i'm on eligius and back-up: btcguild

dmasys

member

Activity: 85

Merit: 10

Quote from: mavericklm on November 15, 2014, 07:30:02 AM

why would u use ghash when there other beter pools with 0% fee's!

that´s right, but which one... Huh

mavericklm

hero member

Activity: 742

Merit: 500

why would u use ghash when there other beter pools with 0% fee's!

dmasys

member

Activity: 85

Merit: 10

Quote from: kotwica666 on November 14, 2014, 01:54:45 PM

CEX.IO - look at GHs price in last few days there.. everyone escape from there.. but now is even too late.. Roll Eyes

yeah ! i used cex only for make "daytrade" on ghs to make some experience in trading... not professional but a few bucks are in...
sold all my ghs right on time before btc market goes up these days so, yes i´m leaving to.
only a few people read the toc and understand whats realy written there Cheesy

2 - 3 weeks ago they got total hash power on mining btc of 64 phs... now they lose over 10% of the miners...
the last weeks they got trouble with the uk and nl stratum server and switched port from 3333 to 3334 without making an announcement...

thats happend to me over night so not all of my miners where configured for a backup pool... Sad

cex got a good concept for make money but much more for the operators and less for the miners!

dmasys

member

Activity: 85

Merit: 10

Quote from: picolo on November 14, 2014, 04:25:23 PM

Quote from: dmasys on November 14, 2014, 05:44:52 AM

hah! buying ghs is the best what you can do -> FOR CEX !
you pay fee´s for every transaction and pay fee for holding ghs... that i know!

i switched my miners to eligius and get the first day about 0,42 and the second 0,26 ... but the delay between the payouts are to high (sometimes)...
bitminter is a good pool to but since the last increase of the diff the luck is verry bad Sad

whats another good pool, identical to cex but little more fair ?!

Previous bad luck can make you suspicious but doesn't predict future performance. Do you know Cloudminr?

yes, have read it... will contact it next days do ask conditions.
you got mining power there or any experience ?

picolo

hero member

Activity: 1022

Merit: 500

Quote from: dmasys on November 14, 2014, 05:44:52 AM

hah! buying ghs is the best what you can do -> FOR CEX !
you pay fee´s for every transaction and pay fee for holding ghs... that i know!

i switched my miners to eligius and get the first day about 0,42 and the second 0,26 ... but the delay between the payouts are to high (sometimes)...
bitminter is a good pool to but since the last increase of the diff the luck is verry bad Sad

whats another good pool, identical to cex but little more fair ?!

Previous bad luck can make you suspicious but doesn't predict future performance. Do you know Cloudminr?

kotwica666

legendary

Activity: 2282

Merit: 1035

CEX.IO - look at GHs price in last few days there.. everyone escape from there.. but now is even too late.. Roll Eyes

dmasys

member

Activity: 85

Merit: 10

i know about calculating, diff´s and luck but what cex do is probably not fair. they make a huge amount of money everyday for nothing!

every other pool i tried pay out more than cex. the only problem is that the payouts are realtime on cex an in a short intervall cause the high pool speed.

btcguild is ok but a has pool fees
bitminter is one of the best (imho) but to low speed
eligius is superb but has a payout que (the worst case thats happend to me was waiting 5 day for my payout of 1,2 btc)
a lot of other small pools under 1 ph/s that are ok but not interesting

i´ve setup my own pool these days to mine to myself - maybe i´ll make it public, dont know right now - calculated est to solve a btc block is 68 days...
when waiting for payouts then it has to rentable Angry

Kprawn

legendary

Activity: 1904

Merit: 1074

Dr G has a nice thread on this, I will search for it and post it here. ^Smile^
It has a nice explanation on why there are such a huge difference, between the calculations you do and what you get, and it mostly have something to do about luck, not being counted.

Topic: Payouts from Ghash.io less than predicted? (Read 4892 times)