Apparently you can buy hashes at 0.18 BTC/GH from cex.io (behind ghash.io)

[hayek]

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?

[1715355679]

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[high110]

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]

They will start charging a fee of $.001 per hr per gh on Friday. I would suggest you get out before then.

[high110]

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]

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]

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]

0.18 per ghs is already a scam, don't even need to look at it

[papamoi]

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]

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]

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]

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]

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]

i thought it was 0 fees?

0 became 4

let s see how much people will go with them..

[high110]

If you read the FAQ, they say they will implement a fee at some point.

[DeathAndTaxes]

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]

yeah he talk about months ago, when the op date is two week and half ago at best

[high110]

I am hoping for .05 BTC/GHS by Dec 1!

[MTBmanTT]

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?

[thew3apon]

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]

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.