Just wondering about all you guys that bough into "hosted " mining contracts, how do you know if you actually mining anything?
What I mean is that I could design a site i.e. bitex.ro , take your payments ,
and have a simple math formula deduct % as a profit for me and
have the rest divided as a (weekly, daily, monthly take your pick) payments to you.
Taking account of difficulty exchange rates etc.etc.
Zero investments pure profit.
How would you know that you're actually not mining anything?
Most mining contract aren't worth the price, you might as well buy hash from cex....