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Well they have yet to change the .26 cents to .20 cent *as time of posting* on there maintenance page
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Got a question, this new threshold you've added just how low will it go? can i do an .0001 auto withdraw? or will i have to pay the xsfer fee's?
Thanks
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Shame it wasnt solo, 25 whole Bitcoins  "No Inputs (Newly Generated Coins)" Correct me if i am wrong but that is solo.. that wasn't done by a pool mining Icon |
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Had a strange transaction recently, only noticed as my account now has a negative BTC balance. So usually after a block is rewarded I see the block reward in my account history and a maintenance fee, a % of the block reward, but this time I see:
Mining: 0.00010283 BTC
Maintenance: -0.00045417 BTC
Maintenance is over 4 times the block reward? Is this a known issue?
The maintenance fee is calculated per-share, so for long blocks your shares will cost more than they make, but on the "a few seconds" blocks you'll barely pay any maintenance. While frustrating and somewhat opaque, the same would be true if you were using your own gear mining at home. Long blocks would use more electricity than your reward from them, but short blocks would use barely any electricity for the same reward. Not really the long blocks would also have more shares in them due to the time it took to find the block, Cex charges for the amount of shares you have. IE the more fee you paid for longer blocks, BUT the more btc you would get as well seeing you submitted more shares during the time to find the next block. Like wise the shorter time to find a block the fewer shares you submitted to get paid for. Basically it all equals out. Icon |
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I'd like to here a story of someone solo mining a block.
read first page of this OP i not only found 1 but 2 under a week SOLO mining.. Icon |
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depends what is your btc balance needs to be at min .01 for automatic withdraw to work..
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yep if you got in the bfgminer folder and your on the same pc as the qt client and synced is running and you have added the bitcoin.conf file to were your wallet.dat file is located.. should work.. and make sure you run the bitcoin-cli.exe before you run bfgminer. and what ever pool you are relaying off use your pool login/password info so you can get info about the block the network is on.
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just an fyi if you are trying to solo mine you'll need a relay node to notify your miner that the block has changed else you will be working on old useless work. I suggest using a large pool as the relay node example of my solo.bat file @ echo off d:\bfgminer\bfgminer -o 127.0.0.1:8332 -u x -p cat -o btcguild.gigaforge.com:3333 -u y -p egg --coinbase-addr 1JafVRe23oLSku4FBwBE3rJAKc9Y8wZM5z --coinbase-sig "Yep Icon did it again!" O and add a coinbase-addr to tell the blockchain where to deposit the btc you mine  Icon PS Also if your solo mining with the newest bitcoinqt client the .0.9.1 you can still use the old bitcoin.conf file simple run the bitcoin-cli.exe file afterwards to get it to accept connections example of the bitcoin.conf: server=1 rpcuser=x rpcpassword=y rpcport=8332 rpcallowip=127.0.0.1 |
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Fee lowered you say? Is that why you had 29.61% before lowering and now changed to .26 cents per gh/s per month, so how exactly did going from % to a cents make it lower?
Also funny thing i tried cex again like an idiot put in 4.6 btc up for about 12 hours with 700 gh/s just to mine .001 btc per block found and to have .001 removed for maintenance fee, just how am i suppose to make any profit if you keep taking what i am making per block?
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I want to sell my GHS and I get an error: Error: An error occurred while processing this directive. The issue will be fixed as soon as possible The fee is too high to be mining on GHS's, better mine with my own hardware. Block reward x.xxxxxxxxx Fees: NO FEES 0.26$ / month / GH !!!! PER MONTH! READ`!#"¤% Do you ever think about everything else they do? No fees on blocks. - You get higher amount of GHs than you have, see GHash's site.
- No more fee's on blocks.
- No fee´s on FHM
- 1 month is 31days, NOT 28-30.
Wrong They are still charging fee per block found just like it has in their TOS 2.0 https://cex.io/terms section 11.4 "11.4. The basic fixed Maintenance Cost amount equals to $0.26 per month for 1 GH/s and is charged in Bitcoins in the way described at https://cex.io/maintenance but not less then 0.00000001. Maintenance Cost is deducted from cloud based GHS owners after a block is mined. The exact amount of GHS is calculated via the amount of shares provided for this block." Basically only thing cex did was hide from their users the 29% maintenance fee oh and now charging us a 2% fixed trading fee. ( that will go up soon to the max of 5%) Icon |
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Well the jury is still out on this new TOS adjustment, but i will give cex one thing, they finally managed to change the time zone to local time, no more guessing when something happened. By the looks of it they removed the maintenance fee % and just simply letting us do the math on $.23 per gh/s per month.
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Just an FYI beta doesn't always lead to a final version.. Hashcows has been in beta for better part of year now (or close to).
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Test their withdrawal and I got mine in seconds really great cloud mining site to invest two thumbs up BTCBTC
It should be fast considering how much they charge for withdraw fee .001 btc. Considering the default bitecoinqt fee is like .00005 btc.. giving that btc would be $500 a coin you basically paying .50 cent for each withdraw. FYI that's more then US Post office stamp. Icon |
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Not got enough gh/s to cover the 30% mining fee, welcome to cex..
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I had that happen when i was on ipad, but when i got on my pc worked fine had 4.5 btc to get out of there..
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Wow , that's all i can say wow, what a complete waste, tell me what pros if any can anyone get that blew btc on FHA?
Seeing that the current ghs/btc is at .0086x btc and the FHA is up to .0082x btc?
The thing is the price staid over .01xx for like 2 months but 2 weeks out "someone" dropped the price on the ghs/btc . I think cex didn't want anyone to make any profit at ALL.
What a complete fail...
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PS
.. and still got 4 days left on price dropping..
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Hi,
I am new to cloudmining and wanted to buy 1000GHS at CEX IO, but I bought nearly 11GHS to test if it is something for me.
But I am wondering why are the fees so extremely high!? With 11GHS I get +- 1700 Satoshi's for every found block, but when I see the fees, it make me think......
Some times the fee is very low, like 70 Satoshi's, but I also pay fees that go over 2000 Satoshi, while I only get rewarded with 1700 Satoshi per found block.
The reason is once an hour you are charged the 30% maintenance fee and during that hour if you find a block you are charged partial fee on that block, that's why its lower then the hourly fee is. Problem is what happens if you don't find a block during the hour? Not to worry they'll still debt the 30% fee no matter what, got to love those red boxes with no withdraw address next to them. Icon PS Oh and if you don't have the btc to pay the fee they'll just put your balance in the negative. PPS On a side note is it safe to assume that the 30% fee is like 30% of gh/s being removed?, So basically you pay say 500 gh/s to mine then times .3 to the 500 and get 150 gh/s removed for the fee and use the 350 gh/s left to calculate the profit you'll make? Someone correct me if i am wrong..  |
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So.. are the maintenance fees ever going to be lowered anytime soon? Seems they went up by 10% you posted on twitter: "we experienced some technical problems and will announce the maintenance cost lowering as soon as everything's fixed. stay tuned!" Basically is everything fixed yet? Paying almost 30% maintenance fee is a bit much don't you think? Seeing it was at almost 20% before the redacted twitter post where you "removed" the twit about lowering the maintenance fees. Icon https://cex.io/maintenancefee: 29.67% was at 19.61% |
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Yea all the info was on the blog post they said it was at .30$ per gh/s per month or something but they got better contract and better deals with their suppliers and lowered the fee down. Guess someone changed their minds.
Does anyone out there know how to get cached web sites off Google? Maybe we can find the old blog post.
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