[ANN] CMX - Crypto Mining Index - Buy and Sell Mining Power on Exchanges

[MINEX.IO]

Dear Community.

https://i.imgur.com/6lQsas7.png?1

MINEX.IO is a user-controlled aggregator of Blockchain projects. We offer our customers a platform, which they can use to communicate with each other and make collective decisions about investing their crypto assets. The bitcoins collected are allocated by our managers into different Blockchain projects, and reserve fund, in proportions determined by the collective decisions of our users. Today, we have a major announcement to make.

Minex.io is launching CryptoMiningIndex[CMX] - the first cryptocurrency whose value is backed by the CloudPack (c) - a diversified portfolio of Cryptocurrency Mining contracts. Including several CloudMinings and P2P investments in private Mining Facilities.

CMX functions as the Dow Jones Index of Crypto Mining, but it pays dividends: by buying just one asset on an exchange, you are able to earn dividends from many companies. And you, as a member of the Minex.io community, are able to determine the distribution of collected bitcoins.

The Bitcoin profits from the contracts which comprise the portfolio will be distributed between the owners of CMX tokens via PoS-like payouts.

CMX tokens will be openly tradeable between users on various exchanges. All money earned by Minex.io by selling their own share of CMX tokens will be spent on purchasing more mining contracts and optimizing the performance of the CloudPack portfolio.

CMX Whitepaper
https://docs.google.com/document/d/1mTgUMB4rahkNKQakpqE3l7wZZbZ8MjHDEP0ghG6J3HQ/edit

MNX (Minex Coin) thread - voting currency.
https://bitcointalk.org/index.php?topic=1794907.0

Sell your Mining Power
https://bitcointalk.org/index.php?topic=1707782.0;topicseen

Initial thread by CloudMiningIndex
https://bitcointalk.org/index.php?topic=1594742.msg17473053#msg17473053


Please visit cloudminingindex.com for more info, or ask your questions here.

[traumschiff]

Worst idea I've ever seen on this forum. Mining contracts are worthless and every cloud mining business is a scam until proven otherwise (earning profit or even breaking even - not counting nicehash here).

Also please correct me, but didn't this J. Blasko simply dev cloned coins and didn't ever implement any advanced features?

[MINEX.IO]

Worst idea I've ever seen on this forum. Mining contracts are worthless and every cloud mining business is a scam until proven otherwise (earning profit or even breaking even - not counting nicehash here).

Also please correct me, but didn't this J. Blasko simply dev cloned coins and didn't ever implement any advanced features?

Thank you for your opinion.

Let me go deeper in CloudPack.

At the moment we have 5 types of assets in it:
- Genesis Mining Contracts
- Bifury contracts
- Hashflare contracts
- Ethtrade contracts
- Bitcoin Reserve

The project is functioning from August, and we have 150 directors on the BOD, they make decisions of investing bitcoins in this or that asset.
If one asset falls - the reserve fund serves to buy other asset and cover the loss.

You can ROI on this easily - buy token for reasonable price. Get dividends. Sell token for reasonable price. This is the key advantage of CMX.

J. Blasko is very innovative and very oldschool at one time. We have several innovations in our blockchain, you can keep eyes on this thread and wait for WP release.

[realmeidabr]

Worst idea I've ever seen on this forum. Mining contracts are worthless and every cloud mining business is a scam until proven otherwise (earning profit or even breaking even - not counting nicehash here).

Also please correct me, but didn't this J. Blasko simply dev cloned coins and didn't ever implement any advanced features?

Here the decision on what investments to make is up to the investors themselves.
You can always say on what contracts will be purchased, thus helping to avoid scams.

[electronicash]

worse idea to scam.  
the dev team perhaps is the only group of people who aren't aware that most of the users here in the forum already knew how scammy cloudmining is. your coin is no different.
nothing but hashocean a like.

[traumschiff]

Worst idea I've ever seen on this forum. Mining contracts are worthless and every cloud mining business is a scam until proven otherwise (earning profit or even breaking even - not counting nicehash here).

Also please correct me, but didn't this J. Blasko simply dev cloned coins and didn't ever implement any advanced features?

Thank you for your opinion.

Let me go deeper in CloudPack.

At the moment we have 5 types of assets in it:
- Genesis Mining Contracts
- Bifury contracts
- Hashflare contracts
- Ethtrade contracts
- Bitcoin Reserve

The project is functioning from August, and we have 150 directors on the BOD, they make decisions of investing bitcoins in this or that asset.
If one asset falls - the reserve fund serves to buy other asset and cover the loss.

You can ROI on this easily - buy token for reasonable price. Get dividends. Sell token for reasonable price. This is the key advantage of CMX.

J. Blasko is very innovative and very oldschool at one time. We have several innovations in our blockchain, you can keep eyes on this thread and wait for WP release.

Let's take the very first one in the list, please tell me, which mining contracts of Genesis mining made profit EVER to any investor? You surely seen their ZEC mining contracts, it's at like 0.4% ROI after months of mining and the hashrate is the one thing that will go up to infinity as something gets more and more popular thus the chances of ROI even go beyong laughable.

The same goes for every single one of the cloud mining businesses. And you want to offer people an investment opportunity to pay you money so you buy these laughable mining shares and pay out dividends to them?

Come on dude.

J. Blasko is very innovative and very oldschool at one time.

There are literally tens if not hundreds of projects on this forum, which went way beyond using the old bitcoin codebase and implemented features like decentralized mixers, ring sigs, super peers, instant txs, witnesses, dpos you name it. All finest innovations in their own way. Even so many projects were coded from scratch.

How can you call that guy innovative according to his past projects? He literally didn't code anything.

[MINEX.IO]

worse idea to scam.  
the dev team perhaps is the only group of people who aren't aware that most of the users here in the forum already knew how scammy cloudmining is. your coin is no different.
nothing but hashocean a like.

The biggest problem of Cloud-Mining market - is lack of transparency. If there is a site with no-faces on it - yes, its 99% scam.

We work only with mining facilities with real people behind. Not only "cloud". We can invest in any mining rig, even if it is private. Every investment is made buy voting on the Board.

[MINEX.IO]

Worst idea I've ever seen on this forum. Mining contracts are worthless and every cloud mining business is a scam until proven otherwise (earning profit or even breaking even - not counting nicehash here).

Also please correct me, but didn't this J. Blasko simply dev cloned coins and didn't ever implement any advanced features?

Thank you for your opinion.

Let me go deeper in CloudPack.

At the moment we have 5 types of assets in it:
- Genesis Mining Contracts
- Bifury contracts
- Hashflare contracts
- Ethtrade contracts
- Bitcoin Reserve

The project is functioning from August, and we have 150 directors on the BOD, they make decisions of investing bitcoins in this or that asset.
If one asset falls - the reserve fund serves to buy other asset and cover the loss.

You can ROI on this easily - buy token for reasonable price. Get dividends. Sell token for reasonable price. This is the key advantage of CMX.

J. Blasko is very innovative and very oldschool at one time. We have several innovations in our blockchain, you can keep eyes on this thread and wait for WP release.

Let's take the very first one in the list, please tell me, which mining contracts of Genesis mining made profit EVER to any investor? You surely seen their ZEC mining contracts, it's at like 0.4% ROI after months of mining and the hashrate is the one thing that will go up to infinity as something gets more and more popular thus the chances of ROI even go beyong laughable.

The same goes for every single one of the cloud mining businesses. And you want to offer people an investment opportunity to pay you money so you buy these laughable mining shares and pay out dividends to them?

Come on dude.

Thank you, Legendary, for your interest to the matter.

We are not promising you any profits. We are just promising fare liquidity for the Mining contracts.

Do you know the market size? We do.

There are two basic advantages of CMX - bigger liquidity (you can always sell) + lower risks (diversification)

[traumschiff]

Worst idea I've ever seen on this forum. Mining contracts are worthless and every cloud mining business is a scam until proven otherwise (earning profit or even breaking even - not counting nicehash here).

Also please correct me, but didn't this J. Blasko simply dev cloned coins and didn't ever implement any advanced features?

Thank you for your opinion.

Let me go deeper in CloudPack.

At the moment we have 5 types of assets in it:
- Genesis Mining Contracts
- Bifury contracts
- Hashflare contracts
- Ethtrade contracts
- Bitcoin Reserve

The project is functioning from August, and we have 150 directors on the BOD, they make decisions of investing bitcoins in this or that asset.
If one asset falls - the reserve fund serves to buy other asset and cover the loss.

You can ROI on this easily - buy token for reasonable price. Get dividends. Sell token for reasonable price. This is the key advantage of CMX.

J. Blasko is very innovative and very oldschool at one time. We have several innovations in our blockchain, you can keep eyes on this thread and wait for WP release.

Let's take the very first one in the list, please tell me, which mining contracts of Genesis mining made profit EVER to any investor? You surely seen their ZEC mining contracts, it's at like 0.4% ROI after months of mining and the hashrate is the one thing that will go up to infinity as something gets more and more popular thus the chances of ROI even go beyong laughable.

The same goes for every single one of the cloud mining businesses. And you want to offer people an investment opportunity to pay you money so you buy these laughable mining shares and pay out dividends to them?

Come on dude.

Thank you, Legendary, for your interest to the matter.

We are not promising you any profits. We are just promising fare liquidity for the Mining contracts.

Do you know the market size? We do.

There are two basic advantages of CMX - bigger liquidity (you can always sell) + lower risks (diversification)

You can't diversify risks when it's impossible to ROI from any cloud mining contracts offered from any currently operating business.

There is a market for OneCoin aswell, doesn't make it less of a scam. Also you can't assure liquidity on exchanges on a mid to long term, only investors and market makers can, you won't swallow a loss just to make liquidity.

This project raises so many red flags, it's not even funny that you try to make something like this work.

[MINEX.IO]

Worst idea I've ever seen on this forum. Mining contracts are worthless and every cloud mining business is a scam until proven otherwise (earning profit or even breaking even - not counting nicehash here).

Also please correct me, but didn't this J. Blasko simply dev cloned coins and didn't ever implement any advanced features?

Thank you for your opinion.

Let me go deeper in CloudPack.

At the moment we have 5 types of assets in it:
- Genesis Mining Contracts
- Bifury contracts
- Hashflare contracts
- Ethtrade contracts
- Bitcoin Reserve

The project is functioning from August, and we have 150 directors on the BOD, they make decisions of investing bitcoins in this or that asset.
If one asset falls - the reserve fund serves to buy other asset and cover the loss.

You can ROI on this easily - buy token for reasonable price. Get dividends. Sell token for reasonable price. This is the key advantage of CMX.

J. Blasko is very innovative and very oldschool at one time. We have several innovations in our blockchain, you can keep eyes on this thread and wait for WP release.

Let's take the very first one in the list, please tell me, which mining contracts of Genesis mining made profit EVER to any investor? You surely seen their ZEC mining contracts, it's at like 0.4% ROI after months of mining and the hashrate is the one thing that will go up to infinity as something gets more and more popular thus the chances of ROI even go beyong laughable.

The same goes for every single one of the cloud mining businesses. And you want to offer people an investment opportunity to pay you money so you buy these laughable mining shares and pay out dividends to them?

Come on dude.

Thank you, Legendary, for your interest to the matter.

We are not promising you any profits. We are just promising fare liquidity for the Mining contracts.

Do you know the market size? We do.

There are two basic advantages of CMX - bigger liquidity (you can always sell) + lower risks (diversification)

You can't diversify risks when it's impossible to ROI from any cloud mining contracts offered from any currently operating business.

There is a market for OneCoin aswell, doesn't make it less of a scam. Also you can't assure liquidity on exchanges on a mid to long term, only investors and market makers can, you won't swallow a loss just to make liquidity.

This project raises so many red flags, it's not even funny that you try to make something like this work.

Thank you for your opinion.

You can make ROI on mining. If not - this forum is for nothing. =)

[jimblasko]

Hello everyone, just stopping by to clear something up, last year I started a service called Cryptos.io and it's a blockchain creation and consulting service. Minex.io is a client that is using the Cryptos.io service. Cryptos.io charges BTC for the service of creating new blockchains and hosting nodes and pools. In otherwords, Cryptos.io nor myself is receiving any CmX for creating the CmX blockchain.  If anyone else wants a crypto made, well, I can be reached at Admin@cryptos.io !

Jim

[Loepuenkyou]

Worst idea I've ever seen on this forum. Mining contracts are worthless and every cloud mining business is a scam until proven otherwise (earning profit or even breaking even - not counting nicehash here).

Also please correct me, but didn't this J. Blasko simply dev cloned coins and didn't ever implement any advanced features?

Thank you for your opinion.

Let me go deeper in CloudPack.

At the moment we have 5 types of assets in it:
- Genesis Mining Contracts
- Bifury contracts
- Hashflare contracts
- Ethtrade contracts
- Bitcoin Reserve

The project is functioning from August, and we have 150 directors on the BOD, they make decisions of investing bitcoins in this or that asset.
If one asset falls - the reserve fund serves to buy other asset and cover the loss.

You can ROI on this easily - buy token for reasonable price. Get dividends. Sell token for reasonable price. This is the key advantage of CMX.

J. Blasko is very innovative and very oldschool at one time. We have several innovations in our blockchain, you can keep eyes on this thread and wait for WP release.

ct
what is project, youre create new altcoin after ico selling and collect bitcoin from investor
you only use capital bitcoin investor only use investment in cloud mining, i think is very bad is youre plan

[TimeTeller]

You can't diversify risks when it's impossible to ROI from any cloud mining contracts offered from any currently operating business.

There is a market for OneCoin aswell, doesn't make it less of a scam. Also you can't assure liquidity on exchanges on a mid to long term, only investors and market makers can, you won't swallow a loss just to make liquidity.

This project raises so many red flags, it's not even funny that you try to make something like this work.

I am with traumschiff.
Lost a lot of money from cloud mining contracts way back.
I learned my lesson the hard way. Invest in actual hardware instead. At least if everything goes bad, you still have your piece of equipment with you.
But it's up to the investors if they want to take the risk.
And for me, that's a NO NO already.

[MINEX.IO]

You can't diversify risks when it's impossible to ROI from any cloud mining contracts offered from any currently operating business.

There is a market for OneCoin aswell, doesn't make it less of a scam. Also you can't assure liquidity on exchanges on a mid to long term, only investors and market makers can, you won't swallow a loss just to make liquidity.

This project raises so many red flags, it's not even funny that you try to make something like this work.

I am with traumschiff.
Lost a lot of money from cloud mining contracts way back.
I learned my lesson the hard way. Invest in actual hardware instead. At least if everything goes bad, you still have your piece of equipment with you.
But it's up to the investors if they want to take the risk.
And for me, that's a NO NO already.

Thank you for your opinion!
Really, we are investing not only in Cloud Mining.

We invest in mining hardware directly p2p. If you want to set up your own rig - just tell us, you will get funded.

[MINEX.IO]

Worst idea I've ever seen on this forum. Mining contracts are worthless and every cloud mining business is a scam until proven otherwise (earning profit or even breaking even - not counting nicehash here).

CMX is solving this exact issue. You have liquid token. So - if you have even 1 satoshi mined - you can go and sell your token at reasonable price. Get your ROI from selling token. You don't need to wait until you mine 100% ROI.

[traumschiff]

Worst idea I've ever seen on this forum. Mining contracts are worthless and every cloud mining business is a scam until proven otherwise (earning profit or even breaking even - not counting nicehash here).

CMX is solving this exact issue. You have liquid token. So - if you have even 1 satoshi mined - you can go and sell your token at reasonable price. Get your ROI from selling token. You don't need to wait until you mine 100% ROI.

You can't sell if you have no buyers and you can't guarantee buyers.

[traumschiff]

You can't diversify risks when it's impossible to ROI from any cloud mining contracts offered from any currently operating business.

There is a market for OneCoin aswell, doesn't make it less of a scam. Also you can't assure liquidity on exchanges on a mid to long term, only investors and market makers can, you won't swallow a loss just to make liquidity.

This project raises so many red flags, it's not even funny that you try to make something like this work.

I am with traumschiff.
Lost a lot of money from cloud mining contracts way back.
I learned my lesson the hard way. Invest in actual hardware instead. At least if everything goes bad, you still have your piece of equipment with you.
But it's up to the investors if they want to take the risk.
And for me, that's a NO NO already.

Thank you for your opinion!
Really, we are investing not only in Cloud Mining.

We invest in mining hardware directly p2p. If you want to set up your own rig - just tell us, you will get funded.

Mining hardware is just as useless if you are not located in China w "free" electricity or some of the colder US state or Iceland or whatever. The ROI margin is so thin that only the biggest players profit from the market or insiders who gain the modern mining equipment pre public release (before difficulites rise). If you would be an insider, you would be mining already with these miners and wouldn't ask for others money first.

As I already wrote, so many red flags it hurts. I see no chance that there will be any profit in a project like this for investors.

[0xfff]

Why do people interested in all of these cloud mining? Just buy the hardware and mine or buy the coin and hodl.

[bathrobehero]

Worst idea I've ever seen on this forum. Mining contracts are worthless and every cloud mining business is a scam until proven otherwise (earning profit or even breaking even - not counting nicehash here).

Also please correct me, but didn't this J. Blasko simply dev cloned coins and didn't ever implement any advanced features?

Well said and can't really add much more to this.

It's just another new showerthought approach of scamming people and/or total lack of understanding of dynamics in crypto.

[MINEX.IO]

Why do people interested in all of these cloud mining? Just buy the hardware and mine or buy the coin and hodl.

We are not only about Cloud Mining. We are Crypto Mining Index. You can mine on your own rig at home. You can get funded on Minex.IO, set up your rig, share profits.

Worst idea I've ever seen on this forum. Mining contracts are worthless and every cloud mining business is a scam until proven otherwise (earning profit or even breaking even - not counting nicehash here).

Also please correct me, but didn't this J. Blasko simply dev cloned coins and didn't ever implement any advanced features?

Well said and can't really add much more to this.

It's just another new showerthought approach of scamming people and/or total lack of understanding of dynamics in crypto.

Hmm... Do you know how to read, Legendary?
Special answer for you:
- Instead of buying own rigs, you can invest in someone's rigs. Instead of selling mining equipment when you done mining, you can sell tokens. Got it?