Buy Hashing power at CEX.io - do you think it's legit?

[monbux]

So I came across https://www.cex.io/ today, but It's been running for over a month.

What do you think?

You purchase 1 GH/s mining speed for about 0.23 - 0.25 BTC - and you can trade. it.

What do you think?

[1714943271]

1714943271

[MRKLYE]

So I came across https://www.cex.io/ today, but It's been running for over a month.

What do you think?

You purchase 1 GH/s mining speed for about 0.23 - 0.25 BTC - and you can trade. it.

What do you think?

It appears to be an IPO but with its own website. I am gonna try it out for a month or 2 and see whats up.

[monbux]

So I came across https://www.cex.io/ today, but It's been running for over a month.

What do you think?

You purchase 1 GH/s mining speed for about 0.23 - 0.25 BTC - and you can trade. it.

What do you think?

It appears to be an IPO but with its own website. I am gonna try it out for a month or 2 and see whats up.

It appears, at current price, you can break even in less than 2 months.. o.O

[Zeek_W]

Works well for me!

[bitcoin44me]

Works well for me!

I don't understand why people are selling hashpower instead of using it for them, and making all profits...

[Zakryze]

because its like those perpetual mining bonds.
Every difficulty increase puts out a new yield of ur ghash so the worth of 1ghash declines. If you sell at the right time just to buy back in later you can improve your position in the game.

[b!z]

Works well for me!

I don't understand why people are selling hashpower instead of using it for them, and making all profits...

Because they can make more when people trade the ghs

[cowandtea]

So I came across https://www.cex.io/ today, but It's been running for over a month.

What do you think?

You purchase 1 GH/s mining speed for about 0.23 - 0.25 BTC - and you can trade. it.

What do you think?

I strongly think that it is illegal because it also fall into the trading category. Just that, they have to take care all the gambling site and security before this so it is quite safe

[b!z]

So I came across https://www.cex.io/ today, but It's been running for over a month.

What do you think?

You purchase 1 GH/s mining speed for about 0.23 - 0.25 BTC - and you can trade. it.

What do you think?

I strongly think that it is illegal because it also fall into the trading category. Just that, they have to take care all the gambling site and security before this so it is quite safe

I think they have taken the proper steps to make sure everything is working fine. There's a signup link under my avatar

[stefffe]

So I came across https://www.cex.io/ today, but It's been running for over a month.

What do you think?

You purchase 1 GH/s mining speed for about 0.23 - 0.25 BTC - and you can trade. it.

What do you think?

Its 100% legit, Ive done transactions both ways and my miners are keeping a steady income

[Shallow]

Should be interesting to see if they can keep up with difficulty increases.

[bitcoindigi]

I think it's like throwing your coins in the trash can.

[bbxx]

You can make roi with it and sell gigs when you need btc

Good deal but you have to set stop loss

[stefffe]

You can make roi with it and sell gigs when you need btc

Good deal but you have to set stop loss

Pretty sure I will make roi, but then I will sell shares at a lower price than I bought them for...still a little profit

[neordicICE]

Should be interesting to see if they can keep up with difficulty increases.

You mean decreasing cost per 1 GH/s as difficulty rises ?
They do poor job here 

[hulk]

Can hardly ROI with cex.io now, the Bitcoin difficulty willl the biggest rise every in history in few hours time.

[Novalok]

The price per GH, has fallen over .1 btc so far, soon it will be like .07-.09 a ghash... Not horrible.

[hulk]

The price per GH, has fallen over .1 btc so far, soon it will be like .07-.09 a ghash... Not horrible.

Current price 0.13 GH/S on cex.io. Hm.... wonder if its good entry price...

[Zeek_W]

The price per GH, has fallen over .1 btc so far, soon it will be like .07-.09 a ghash... Not horrible.

Current price 0.13 GH/S. Hm.... wonder if its good entry price...

yeah its damn low - I've been pumping spare BTC into it this afternoon.

This is my referral link for those who want to help me:
Cex.io

[Mitchell]

Without a increase in difficulty it would take around 2 to 3 months to hit ROI. But difficulty will increase and the price will drop, so I guess this is not profitable.

Hardware break even: 76 days
Net profit first time frame (3 months): 3.95 USD