So I bought some of them cloud mining GH/s

Zawamiya

hero member

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Quote from: Remember remember the 5th of November on November 06, 2013, 09:34:44 PM

Quote from: SquallLeonhart on November 06, 2013, 09:20:53 PM

Quote from: Remember remember the 5th of November on November 06, 2013, 08:53:12 PM

Quote from: ?? on ??

Well you won't earn them back that way with or without the hashpower..

Why?

Because its overpriced...

Just a bit, yes. If it's down to 0.08 and less, I think it's a bang for the buck type of deal, but there are fees per gh/s per hour too.

It should be around 0.04 based on 30% difficulty increment..

Remember remember the 5th of November

legendary

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Reverse engineer from time to time

Quote from: SquallLeonhart on November 06, 2013, 09:20:53 PM

Quote from: Remember remember the 5th of November on November 06, 2013, 08:53:12 PM

Quote from: ?? on ??

Well you won't earn them back that way with or without the hashpower..

Why?

Because its overpriced...

Just a bit, yes. If it's down to 0.08 and less, I think it's a bang for the buck type of deal, but there are fees per gh/s per hour too.

SquallLeonhart

legendary

Activity: 2436

Merit: 1102

Quote from: Remember remember the 5th of November on November 06, 2013, 08:53:12 PM

Quote from: ?? on ??

Well you won't earn them back that way with or without the hashpower..

Why?

Because its overpriced...

Remember remember the 5th of November

legendary

Activity: 1862

Merit: 1011

Reverse engineer from time to time

Quote from: ?? on ??

Well you won't earn them back that way with or without the hashpower..

Why?

Sythyn

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Merit: 505

A Digital Universe with Endless Possibilities.

Quote from: Remember remember the 5th of November on November 06, 2013, 05:10:21 PM

And to be honest I was blinded that I wanted to invest heavily in CEX.io, to the point where I was thinking of requesting a 12BTC loan here to buy at least 100gh/s more of mining power, then I saw on their forums a guy asking what happens with their hashing power if the site shuts down and my ideas got crushed.

I mean imagine me having to return a 12btc loan, and all of a sudden my 100-150gh/s go poof?

Well, if the site got shuts down, most likely you will lost all your hash. Maybe cex will do some reimburse or private hash?

Remember remember the 5th of November

legendary

Activity: 1862

Merit: 1011

Reverse engineer from time to time

And to be honest I was blinded that I wanted to invest heavily in CEX.io, to the point where I was thinking of requesting a 12BTC loan here to buy at least 100gh/s more of mining power, then I saw on their forums a guy asking what happens with their hashing power if the site shuts down and my ideas got crushed.

I mean imagine me having to return a 12btc loan, and all of a sudden my 100-150gh/s go poof?

Topic: So I bought some of them cloud mining GH/s (Read 586 times)