vindimy (OP)
|
|
October 14, 2013, 02:55:59 AM Last edit: October 26, 2013, 03:16:27 PM by MiningBuddy |
|
Just found out that one can buy hash rate (currently traded at 0.18 BTC per GH/s) from cex.io (the people behind that infamous ghash.io pool). https://cex.io/ (regular link) However, according to http://bitcoinwisdom.com/bitcoin/calculator a 1 GH/s is expected to return about 0.083 BTC total (assuming 25% difficulty increment), so it's definitely not something I'd recommend to anyone. On the other hand, you get to keep that 1 GH/s forever and can sell it back to someone at a later time. Thoughts?
|
|
|
|
|
|
|
|
"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
papamoi
|
|
October 14, 2013, 07:58:55 AM |
|
BEWARE OF UKRAINIAN SCAMMER AND CROOKS
|
|
|
|
Zeek_W
|
|
October 14, 2013, 08:08:14 AM |
|
It's legit, but mods don't like people posting their referral links to much so be careful!
|
|
|
|
vindimy (OP)
|
|
October 14, 2013, 08:35:21 AM |
|
BEWARE OF UKRAINIAN SCAMMER AND CROOKS
I AGREE! THESE CROOKS AT BTC-CASH - BEWARE! SCAMMERS!
|
|
|
|
vindimy (OP)
|
|
October 14, 2013, 08:36:30 AM |
|
It's legit, but mods don't like people posting their referral links to much so be careful!
Thanks! I hope they'll let it slide
|
|
|
|
Zakryze
|
|
October 14, 2013, 10:55:23 AM |
|
It's legit, but mods don't like people posting their referral links to much so be careful!
Is that why you posted yours in the other thread? Lol how about practicing what you preach? Go pro or go home!
|
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀SNttx1hwtpf8TQEK7ZBojcvQrDmBaz9QPK SFC Addy
|
|
|
papamoi
|
|
October 14, 2013, 11:12:16 AM |
|
BEWARE OF UKRAINIAN SCAMMER AND CROOKS
I AGREE! THESE CROOKS AT BTC-CASH - BEWARE! SCAMMERS! PLEASE BE MORE CREATIVE lol i suspect you are part of bitfury crooks team
|
|
|
|
Zeek_W
|
|
October 14, 2013, 12:08:12 PM |
|
It's legit, but mods don't like people posting their referral links to much so be careful!
Is that why you posted yours in the other thread? Lol how about practicing what you preach? Go pro or go home! And guess how I know they don't like it?
|
|
|
|
cowandtea
|
|
October 14, 2013, 12:53:01 PM |
|
It's legit, but mods don't like people posting their referral links to much so be careful!
You have been posting a lot of referral links
|
|
|
|
Zakryze
|
|
October 14, 2013, 12:56:51 PM |
|
It's legit, but mods don't like people posting their referral links to much so be careful!
Is that why you posted yours in the other thread? Lol how about practicing what you preach? Go pro or go home! And guess how I know they don't like it? Probably not by nature or reading forum guidelines/rules...
|
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀SNttx1hwtpf8TQEK7ZBojcvQrDmBaz9QPK SFC Addy
|
|
|
Zeek_W
|
|
October 14, 2013, 01:50:29 PM |
|
It's legit, but mods don't like people posting their referral links to much so be careful!
Is that why you posted yours in the other thread? Lol how about practicing what you preach? Go pro or go home! And guess how I know they don't like it? Probably not by nature or reading forum guidelines/rules... I read them as well as i can. A mod did delete some that didnt follow guidelines i had forgotten about for certain sections. anyway here is my referral link: LOL just kidding
|
|
|
|
MRKLYE
Legendary
Offline
Activity: 1358
Merit: 1003
Designer - Developer
|
|
October 14, 2013, 01:51:34 PM Last edit: October 26, 2013, 03:15:23 PM by MiningBuddy |
|
Just found out that one can buy hash rate (currently traded at 0.18 BTC per GH/s) from cex.io (the people behind that infamous ghash.io pool). https://cex.io/ (regular link) However, according to http://bitcoinwisdom.com/bitcoin/calculator a 1 GH/s is expected to return about 0.083 BTC total (assuming 25% difficulty increment), so it's definitely not something I'd recommend to anyone. On the other hand, you get to keep that 1 GH/s forever and can sell it back to someone at a later time. Thoughts? Given the difficulty going up in a few days.. those .18 shares are going to turn into .14 shares in a matter of days.. I lost .75BTC on that fucking site. Never again
|
|
|
|
Zeek_W
|
|
October 14, 2013, 01:55:33 PM Last edit: October 26, 2013, 03:15:29 PM by MiningBuddy |
|
Just found out that one can buy hash rate (currently traded at 0.18 BTC per GH/s) from cex.io (the people behind that infamous ghash.io pool). https://cex.io/ (regular link) However, according to http://bitcoinwisdom.com/bitcoin/calculator a 1 GH/s is expected to return about 0.083 BTC total (assuming 25% difficulty increment), so it's definitely not something I'd recommend to anyone. On the other hand, you get to keep that 1 GH/s forever and can sell it back to someone at a later time. Thoughts? Given the difficulty going up in a few days.. those .18 shares are going to turn into .14 shares in a matter of days.. I lost .75BTC on that fucking site. Never again Shit! and you could use the coin! Are you still in the same situation you were in before the forum was hacked? I can't find your thread.
|
|
|
|
papamoi
|
|
October 14, 2013, 02:01:59 PM Last edit: October 26, 2013, 03:15:36 PM by MiningBuddy |
|
Just found out that one can buy hash rate (currently traded at 0.18 BTC per GH/s) from cex.io (the people behind that infamous ghash.io pool). https://cex.io/ (regular link) However, according to http://bitcoinwisdom.com/bitcoin/calculator a 1 GH/s is expected to return about 0.083 BTC total (assuming 25% difficulty increment), so it's definitely not something I'd recommend to anyone. On the other hand, you get to keep that 1 GH/s forever and can sell it back to someone at a later time. Thoughts? Given the difficulty going up in a few days.. those .18 shares are going to turn into .14 shares in a matter of days.. I lost .75BTC on that fucking site. Never again thanks bitfury and his team of crooks
|
|
|
|
Zakryze
|
|
October 15, 2013, 01:00:00 PM Last edit: October 26, 2013, 03:15:42 PM by MiningBuddy |
|
Just found out that one can buy hash rate (currently traded at 0.18 BTC per GH/s) from cex.io (the people behind that infamous ghash.io pool). https://cex.io/ (regular link) However, according to http://bitcoinwisdom.com/bitcoin/calculator a 1 GH/s is expected to return about 0.083 BTC total (assuming 25% difficulty increment), so it's definitely not something I'd recommend to anyone. On the other hand, you get to keep that 1 GH/s forever and can sell it back to someone at a later time. Thoughts? Given the difficulty going up in a few days.. those .18 shares are going to turn into .14 shares in a matter of days.. I lost .75BTC on that fucking site. Never again man just do ur math BEFORE you trade and dont always rush it.
|
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀SNttx1hwtpf8TQEK7ZBojcvQrDmBaz9QPK SFC Addy
|
|
|
high110
Sr. Member
Offline
Activity: 728
Merit: 253
A Blockchain Mobile Operator With Token Rewards
|
|
October 25, 2013, 09:01:08 PM Last edit: October 26, 2013, 03:15:50 PM by MiningBuddy |
|
Just found out that one can buy hash rate (currently traded at 0.18 BTC per GH/s) from cex.io (the people behind that infamous ghash.io pool). https://cex.io/ (regular link) However, according to http://bitcoinwisdom.com/bitcoin/calculator a 1 GH/s is expected to return about 0.083 BTC total (assuming 25% difficulty increment), so it's definitely not something I'd recommend to anyone. On the other hand, you get to keep that 1 GH/s forever and can sell it back to someone at a later time. Thoughts? Given the difficulty going up in a few days.. those .18 shares are going to turn into .14 shares in a matter of days.. I lost .75BTC on that fucking site. Never again How did you lose your money?
|
|
|
|
wrenchmonkey
|
|
October 26, 2013, 11:38:00 PM |
|
Just found out that one can buy hash rate (currently traded at 0.18 BTC per GH/s) from cex.io (the people behind that infamous ghash.io pool). https://cex.io/ (regular link) However, according to http://bitcoinwisdom.com/bitcoin/calculator a 1 GH/s is expected to return about 0.083 BTC total (assuming 25% difficulty increment), so it's definitely not something I'd recommend to anyone. On the other hand, you get to keep that 1 GH/s forever and can sell it back to someone at a later time. Thoughts? Given the difficulty going up in a few days.. those .18 shares are going to turn into .14 shares in a matter of days.. I lost .75BTC on that fucking site. Never again How did you lose your money? I don't think he "Lost" anything like he claims. I think he sold at a loss, because he didn't invest wisely, and sold at a bad time. Nobody's fault but his own. I've been doing quite nicely on that site (referral link in my signature, if you want to sign up and throw some reward my way).
|
|
|
|
high110
Sr. Member
Offline
Activity: 728
Merit: 253
A Blockchain Mobile Operator With Token Rewards
|
|
October 27, 2013, 03:48:42 AM |
|
OK cool. I started cloud mining too =) It's kinda fun...try it out!
|
|
|
|
jdebunt
Legendary
Offline
Activity: 1596
Merit: 1010
|
|
October 27, 2013, 09:08:46 AM |
|
going to give this a try soon, might be worth it
|
|
|
|
high110
Sr. Member
Offline
Activity: 728
Merit: 253
A Blockchain Mobile Operator With Token Rewards
|
|
October 27, 2013, 10:49:02 PM |
|
Yeah it is! You missed the boat on the .075 BTC/GHS prices. It's a little bit more expensive...but still much better than buying something on ebay right now.
|
|
|
|
hayek
|
|
October 28, 2013, 07:13:12 AM |
|
Can anyone show where renting hash rates have given a return or were not a scam?
Seriously, why sell something if you make more running it yourself?
|
|
|
|
high110
Sr. Member
Offline
Activity: 728
Merit: 253
A Blockchain Mobile Operator With Token Rewards
|
|
October 28, 2013, 12:04:39 PM |
|
I just started like 2 days ago...and I'm already making a little bit. I have a small return...but I do have one none the less... Do you want specifics? I just have to sell soon if I want to keep my "small" return =)
|
|
|
|
chalidore
|
|
October 29, 2013, 08:29:25 PM |
|
They will start charging a fee of $.001 per hr per gh on Friday. I would suggest you get out before then.
|
|
|
|
high110
Sr. Member
Offline
Activity: 728
Merit: 253
A Blockchain Mobile Operator With Token Rewards
|
|
October 30, 2013, 03:15:18 AM |
|
Thanks man! I actually just pulled out today - got out with my gain! Now I don't know what to do with it. Can someone teach me how to loan? haha...wrong forum...I better start reading up on it.
|
|
|
|
wunkbone
|
|
October 31, 2013, 02:12:06 PM |
|
They will start charging a fee of $.001 per hr per gh on Friday. I would suggest you get out before then.
Yup that sucks, sold off everything today...
|
|
|
|
high110
Sr. Member
Offline
Activity: 728
Merit: 253
A Blockchain Mobile Operator With Token Rewards
|
|
October 31, 2013, 10:22:10 PM |
|
They will start charging a fee of $.001 per hr per gh on Friday. I would suggest you get out before then.
Yup that sucks, sold off everything today... Let's hope they make a last minute change in their pricing.
|
|
|
|
Amph
Legendary
Offline
Activity: 3206
Merit: 1069
|
|
November 01, 2013, 08:25:15 AM |
|
0.18 per ghs is already a scam, don't even need to look at it
|
|
|
|
papamoi
|
|
November 01, 2013, 10:00:55 AM |
|
0.18 per ghs is already a scam, don't even need to look at it
i ve read somewhere he is claiming to have 1000 btc of trades/day and 6k of customer base something like that is this for real?
|
|
|
|
Kimowa
|
|
November 01, 2013, 11:31:23 AM |
|
0.18 per ghs is already a scam, don't even need to look at it
That is few months back, you should look at the price per GHs now...
|
|
|
|
high110
Sr. Member
Offline
Activity: 728
Merit: 253
A Blockchain Mobile Operator With Token Rewards
|
|
November 01, 2013, 12:48:55 PM |
|
0.18 per ghs is already a scam, don't even need to look at it
That is few months back, you should look at the price per GHs now... It was around .106 BTC as of last night.
|
|
|
|
Zawamiya
|
|
November 01, 2013, 01:45:37 PM |
|
0.18 per ghs is already a scam, don't even need to look at it
That is few months back, you should look at the price per GHs now... It was around .106 BTC as of last night. It's going to drop once the hourly charges kick in, I wonder how much it would drop.. hm...
|
|
|
|
high110
Sr. Member
Offline
Activity: 728
Merit: 253
A Blockchain Mobile Operator With Token Rewards
|
|
November 01, 2013, 04:22:53 PM |
|
Good news - charges are kicking in on the 8: See update below:
Dear CEX users,
First of all, thank you for using the CEX.IO exchange platform, we are glad you like our system and we struggle every day in order to make your CEX.IO experience as pleasant as possible.
Today, we had a hardware failure at our main backend server, which was beyond our control. We are going to replace the faulty DIMM memory module, which may take up to 5-10 minutes planned downtime to ensure that it will not happen again. However, all mining power will be compensated.
The maintenance fee
The fee will be implemented in 1 week, which makes it November 8th 2013.
The maintenance fee is estimated as $0.30 / kW*hour: $0.17/kW electricity cost + $0.09 data centre upkeep + $0.04 hardware repair/maintenance.
(The power consumption of 1 GHS is 1.5W per hour)
The fee will be billed in BTC per mining share. The estimated fee is 0.000000002695 BTC/share, which makes it ~4% of total mining profit. The fee will be adjusted according to the BTC/USD exchange rate.
About the hardware maintenance: We will charge $0.09 for the data centre upkeep + $0.04 for hardware repair/maintenance.
Handling 600+ kW mining equipment is quite challenging. This involves MANY people working at the backend, who: - Replace dead chips - Fix PCB issues - Upgrade electricity links - Improve mining software to reduce stale shares (we have stopped delivering stale shares for purchased GHS).
|
|
|
|
papamoi
|
|
November 01, 2013, 06:10:42 PM |
|
i thought it was 0 fees? 0 became 4 let s see how much people will go with them..
|
|
|
|
high110
Sr. Member
Offline
Activity: 728
Merit: 253
A Blockchain Mobile Operator With Token Rewards
|
|
November 02, 2013, 03:02:43 AM |
|
If you read the FAQ, they say they will implement a fee at some point.
|
|
|
|
DeathAndTaxes
Donator
Legendary
Offline
Activity: 1218
Merit: 1079
Gerald Davis
|
|
November 02, 2013, 03:16:05 AM |
|
0.18 per ghs is already a scam, don't even need to look at it
That is few months back, you should look at the price per GHs now... It was 0.18 less than 3 weeks ago (look at title and date of OP) so it shows how much "investors" have already lost.
|
|
|
|
Amph
Legendary
Offline
Activity: 3206
Merit: 1069
|
|
November 02, 2013, 08:25:08 AM |
|
yeah he talk about months ago, when the op date is two week and half ago at best
|
|
|
|
high110
Sr. Member
Offline
Activity: 728
Merit: 253
A Blockchain Mobile Operator With Token Rewards
|
|
November 02, 2013, 12:57:59 PM |
|
I am hoping for .05 BTC/GHS by Dec 1!
|
|
|
|
MTBmanTT
Member
Offline
Activity: 66
Merit: 10
Bitcoin: The new Wild West
|
|
November 02, 2013, 01:18:29 PM |
|
I am hoping for .05 BTC/GHS by Dec 1!
I am with you High, I really don't understand how the price has been holding so high when most of know in fact only a couple weeks ago, we saw in the .08 range. Usually a difficulty jump handles this, but wasnt that supposed to have happened already?
|
BTC: 15EsnLVpCqAKMC59hm5BUYvTLMWXxmwh2D http://scrypt.cc?ref=babi4 LTC: LYgXWLpzQUjWXAHtc7ouMbf83pBTPsGfVG
|
|
|
thew3apon
|
|
November 02, 2013, 02:27:29 PM |
|
I am hoping for .05 BTC/GHS by Dec 1!
Waiting for that too .... Should be able to ROI at least 100% base on my calculation...
|
|
|
|
high110
Sr. Member
Offline
Activity: 728
Merit: 253
A Blockchain Mobile Operator With Token Rewards
|
|
November 02, 2013, 07:34:00 PM |
|
It's very fear driven. I think it will take a big jump in difficulty to start a panic sell and we should see the prices dip to .04/.05/06/.07 BTC.
|
|
|
|
bigb159
|
|
November 05, 2013, 01:06:43 AM |
|
Lot of people making predictions about cex.io pricing. Don't fail to take into account noob interest, joining and throwing coin at whatever price to get some GH/s.
|
|
|
|
TrippyPippy
Member
Offline
Activity: 110
Merit: 10
|
|
November 05, 2013, 08:38:14 AM |
|
As long as newbies keep joining they just want to get up and running at the going price.
After a while they start realizing that they are not going to get a good return on their investment and start getting wiser with the prices.
In the meantime the price stays relatively stable or even goes up against all odds with more newbies buying it.
In my opinion the price will never go down below 0.08 even after a difficulty rise !!
|
|
|
|
ampbuster
|
|
November 05, 2013, 10:19:34 AM |
|
It's probably like buying shares of companies that give dividends (CEX.io) as opposed to buying shares of companies that focus on growth (bitcoins).
|
|
|
|
TrippyPippy
Member
Offline
Activity: 110
Merit: 10
|
|
November 05, 2013, 11:47:08 AM |
|
That's right.
If you buy high , mine a bit then sell high you're a winner.
Obviously the trick is to sell high but remember whilst you are mining with your GHS the actual price you paid for them ( less what you mine) is going down also!!
But I agree with whoever said it's like a game of musical chairs !!
|
|
|
|
high110
Sr. Member
Offline
Activity: 728
Merit: 253
A Blockchain Mobile Operator With Token Rewards
|
|
November 05, 2013, 08:11:11 PM |
|
Prices are coming down today and it's almost time to purchase. We are back in the .1- .11 BTC zone... .14 was just crazy! Note, a change in diff is coming up and admin fees are kicking in on the 8th.
|
|
|
|
DeathAndTaxes
Donator
Legendary
Offline
Activity: 1218
Merit: 1079
Gerald Davis
|
|
November 05, 2013, 08:33:00 PM Last edit: November 05, 2013, 11:18:43 PM by DeathAndTaxes |
|
0.1 is still crazy. Prices have a long way to go before reasonable territory.
|
|
|
|
Dexter770221
Legendary
Offline
Activity: 1029
Merit: 1000
|
|
November 05, 2013, 10:02:00 PM |
|
0.1 is crazy prices have a long way to go before reasonable territory.
True. CEx.io needs to apply some trading fees becuse speculators are playing like crazy and price changes in kaleidoscopic fashion.
|
Under development Modular UPGRADEABLE Miner (MUM). Looking for investors. Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
|
|
|
IYFTech
|
|
November 06, 2013, 12:27:46 AM |
|
You got that right dude. They really screwed up their fee structure. I think their thread is populated by cex.io wannabe employees too....... it really is the best most wonderful fun super duper thing since sliced bread ever ever you know!! Apparently
|
|
|
|
high110
Sr. Member
Offline
Activity: 728
Merit: 253
A Blockchain Mobile Operator With Token Rewards
|
|
November 06, 2013, 01:36:15 AM |
|
It was fun while the prices was low...but I'm over it now... waiting for something reasonable to get back in =)
|
|
|
|
CobaltBlueD
Newbie
Offline
Activity: 19
Merit: 0
|
|
November 06, 2013, 03:27:49 AM |
|
It was fun while the prices was low...but I'm over it now... waiting for something reasonable to get back in =)
And yet your signature still touts it.
|
|
|
|
DeathAndTaxes
Donator
Legendary
Offline
Activity: 1218
Merit: 1079
Gerald Davis
|
|
November 06, 2013, 04:10:59 AM |
|
It was fun while the prices was low...but I'm over it now... waiting for something reasonable to get back in =)
And yet your signature still touts it. "Greater fool theory" doesn't work without new less knowledgeable fools to offload the overpriced shares to.
|
|
|
|
|