**CEX.IO Bitcoin Exchange ** Buy Bitcoins with Cards in iOS / Android App***

[JayBee66]

i am surprised there isnt more discussion on the FHA and FHM contracts.

With btc at $460, the FHM end of may contract at 0.004BTC per gh looks pretty good, i think that's the lowest price per gh anywhere currently, and cex.io usually carry a premium vs physical hardware due to the ability to easily trade.

Any thoughts?

Can you short as well as go long on these contracts?

If not then it is not a "future's contract" but another CEX.IO scam.

And no, selling is not the same as shorting. I want to "sell" a contract that I do not have.

[Flep182]

i am surprised there isnt more discussion on the FHA and FHM contracts.

With btc at $460, the FHM end of may contract at 0.004BTC per gh looks pretty good, i think that's the lowest price per gh anywhere currently, and cex.io usually carry a premium vs physical hardware due to the ability to easily trade.

Any thoughts?

PB mining currently charges 0,007 and when I enter those details on bitcoin wisdom calculator the FHM Gh/s doesn't return as fast as the PBM.

[nate123]

New to bitcoin mining on cex.io, there is no hashing going on at all for some blocks. it's not in the screencap but hashrate is pretty unstable too ranging from 600Mh/s to 2-3Gh/s even though i didn't sell anything

https://i.imgur.com/sRtUijs.png

i'd like to ask if there's an explanation for this, has anyone encountered this before?

[cesmak]

New to bitcoin mining on cex.io, there is no hashing going on at all for some blocks. it's not in the screencap but hashrate is pretty unstable too ranging from 600Mh/s to 2-3Gh/s even though i didn't sell anything



i'd like to ask if there's an explanation for this, has anyone encountered this before?

Unfortunately shifts are very short and the default difficulty for cloud mining is high so in 3 minutes with your hash rate you don't complete a diff hash that's why you have some shift with hashes and others without. You are watching the shift table not the discovered block tabel that is under the hash rate graph.

It's better if you search PPLNS rewad system to understand how pools reward function...

cheers

[nate123]

Thanks for the explanation cesmak Still trying to figure out all the different reward functions

[newguy05]

i am surprised there isnt more discussion on the FHA and FHM contracts.

With btc at $460, the FHM end of may contract at 0.004BTC per gh looks pretty good, i think that's the lowest price per gh anywhere currently, and cex.io usually carry a premium vs physical hardware due to the ability to easily trade.

Any thoughts?

PB mining currently charges 0,007 and when I enter those details on bitcoin wisdom calculator the FHM Gh/s doesn't return as fast as the PBM.

yeah except the counterparty risk is through the roof, no different than buying homebrew shares in the trade section, i always thought people are just batsht crazy trusting some guy in a basement to keep mining for them for a 6-12 month period. Cex.io despite all its fault, has proven to be relatively safe in term of running away with your bitcoins and is backed by a large scale mining farm.

[croato]

i am using cex.io for few days and can someone tell me how is possible to price of btc drops and price of ghs rises. sorry if question is stupid but that not looks logical to me. thank you in advance.

[vm_mpn]

i am using cex.io for few days and can someone tell me how is possible to price of btc drops and price of ghs rises. sorry if question is stupid but that not looks logical to me. thank you in advance.

 Questions about common sense, logic and rationality are currently being banned on this forum C... I do not recommend using these terms in the near future as well.

[cesmak]

Thanks for the explanation cesmak Still trying to figure out all the different reward functions

 

[semik]

i am using cex.io for few days and can someone tell me how is possible to price of btc drops and price of ghs rises. sorry if question is stupid but that not looks logical to me. thank you in advance.

Hard to say. I'm unable to see there any correlations with the news or trends. In February it was common that price drops were on sunday, but that is not true anymore. This quite surprising rise made me some money but in total I've still lost on cex.io as you never know when price will drop.

One is sure. cex.io is not expecting the price be over 0.008 at 25.4. otherwise they would not sell FHA at 0.008.

[CEX]

CEX.IO Bitcoin Commodity Exchange imposes trade fee

Please, be aware that within two weeks CEX.IO will introduce a trade fee, which suggests commission for every trade transaction performed by all users of the platform.
The fee introduction will be executed in two steps. The first one will embody a standard 0.2% commission on all buy/sell transactions and will last for one month.
After that, the fee will become flexible and vary for each user, depending on a 30-day trading history. Thus, the trade commission at CEX.IO will finally lie between 0.5% and 0.2%. Users will be able to get acquainted with the full fee policy at the respective “Trade Fee” page.
The fee implementation is aligned with the upcoming project monetisation, introduction of the most in-demand trading pairs, such as BTC/USD and USD/GHS, as well as a part of our upcoming affiliate program. We believe that this will be an incredible and awaited advancement for our users, who will be able to, for instance, to buy Bitcoin mining power and withdraw funds in the currency they are used to right on CEX.IO without the necessity to convert cryptocurrencies on 3rd party exchanges.

Read more at our official blog: http://blog.cex.io/cex-io-bitcoin-commodity-exchange-imposes-trade-fee/

[dyask]

Since making BTC at CEX.io depends on trading ... well good luck to the people that stay.   

[semik]

Please, be aware that within two weeks CEX.IO will introduce a trade fee, which suggests commission for every trade transaction performed by all users of the platform.

That is not good news. Zero fee is huge cex.io advantage.

[mboehler]

If I had a choice, I would keep the current structure.  No fees and no ability to deposit/withdraw US Dollars.  I use CEX.IO for Bitcoin/GHS mining/trading.  I do not need US Dollars to be introduced causing fees and other problems.

CEX.IO,  you should ask your users what they want, not tell them.

My 2¢.

[Zeta0S]

CEX.IO provides the best Cloud Mining opportunities

CEX.IO is the first commodity exchange website, which allows trading of bitcoin mining facilities or GHS (GigaHash per second) Trading.

Before CEX.IO, in order to mine BTC, users had to solve and overcome the following problems:

• Collect information on the available mining hardware, and their peculiarities
• Wait up to 6 months for the hardware to be shipped
• Read a ton of guides and tutorials in order to assemble and connect the hardware to the pool
• Ensure proper power supply and hardware cooling
• Suffer from hardware breakage and power loss

CEX.IO is based on a brand new business scheme, where all mining hardware is installed in a data-center, and are safely stored and properly maintained. Users can buy/sell mining facilities in a matter of seconds, and receive additional income from mining, or from trading with other users.

All GHS purchased at CEX.IO become sole property of the owner without any time constraints or other limitations, until sold to other users. All users are able to sell their GHS at any time for the appropriate market price. The GHS keep mining BTC even when the GHS are being sold, up until they are transferred to the new owner’s account.

CEX.IO gives it’s users the following benefits:

• All GHS start mining right after purchase
• Collective mining, where the chance of getting a reward gets bigger proportionally to the overall pool capacity.
• Mining hardware is kept safe and maintained properly in our data-center
• No cooling or space-related problems
• No power or network connection losses
• 0% pool fee
• Block reward includes transaction fees
• Minimum fee for electricity, hosting and maintenance, starting from November 1st. The approximate fee amount is  $0.001 per GHS / hour.
• Hardware failure or downtime is automatically compensated with high precision.
• Powerful Trader API, which allows users to implement CEX.IO features on their websites, apps, etc.
• Helpful and friendly support staff, able to solve all mining related issues
• A vast community of miners ready to provide useful advice on almost any topic.

All hardware is already set up and ready for mining with the most optimal settings.

Trading GHS is as easy as trading currency pairs.

CEX.IO works with a private mining pool GHash.IO. It supplies the commodity exchange with GHS from authorised partners, who secure a constant maintenance of GHS. GHash.IO uses the PPLNS payout system, where rewards are distributed among shares in a window, starting with the last share submitted and going backwards up to some number N of shares.

CEX.IO offers a convenient “Redeem Hardware” option, where users can redeem mining hardware equivalent to their GHS balance, and get it delivered to a specified location.

CEX.IO provides an attractive referral program, where users can receive bonus GHS for referring active traders to the commodity exchange. The system adds 3% of referred user’s GHS balance to the bonus GHS balance for mining purposes only.

CEX.IO has already accumulated:

• 40 TH/s (will be expanded up to 400 TH/s)
• 6k+ commodity exchange users
• 1000 BTC traded daily

You can always contact us via email: j.smith@cex.io or skype: cex.io

Also, don't forget to like us on Facebook and Follow us on Twitter - @cex_io

Love the video!
https://www.youtube.com/watch?v=ruS88Rw5xOM

[Ron~Popeil]

How about we just focus on getting the scrypt cloud mining up and running? Adding fiat currency adds unnecessary government oversight and the possibility of tampering by authorities.

[EFS]

I agree. You should consider implementing USD and other currencies one more time. I don't want you to deal with legal things. I only use this site for buy GHS with my BTC. Nobody wants unnecessary government attention. Don't forget. We bought GHS from your site, we didn't rent. So if somebody tries to shut down Cex.io for this unnecessary fiat currency implementation, you are responsible for all users.

[NorbyTheGeek]

i am using cex.io for few days and can someone tell me how is possible to price of btc drops and price of ghs rises. sorry if question is stupid but that not looks logical to me. thank you in advance.

Well, one school of thought is that since BTC value is dropping, mining is less profitable, so GHS price should drop too.  I think that's what you describe.

Another school of thought is since BTC value is dropping, it takes less fiat to buy a GHS.  So instead of it costing $6 for that GHS, it's now costing $4, so the price of GHS goes up to compensate.

You could say the truth is somethere in the middle, but as it has already been said logic and rationality rarely seem to enter the cryptocurrency world.

[croato]

i have bought ghs on cex.io. how can i setup miner to mine litecoins?

[JayBee66]

i have bought ghs on cex.io. how can i setup miner to mine litecoins?

What a mong!

In your earlier post you notice something dodgy about CEX.IO but you go ahead and buy.

Why don't you give your BTC to me, I'll spend it on something worthwhile. A bottle of champers and a ho or two.