jesse11
Sr. Member
 Offline
Activity: 333
Merit: 250
Ants Rock
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June 03, 2014, 01:20:00 PM |
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Too much stale!
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Mining with: BE's,BE Cubes, K16's, AntMiners U1's and AntMiners S1's
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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fractal02
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June 03, 2014, 04:20:15 PM |
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What i wait is the "Cloud Scrypt" plan ^^. And with the already multipool and altcoins added in GHash pool. Price for KH/s will go to the moon when this plan start...be ready guys  |
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OhMyCoin
Member
Offline
Activity: 117
Merit: 10
Long live Bitcoin.
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June 04, 2014, 01:20:10 PM |
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What i wait is the "Cloud Scrypt" plan ^^. And with the already multipool and altcoins added in GHash pool. Price for KH/s will go to the moon when this plan start...be ready guys 12 altcoins in GHash.IO MultiPool and Darkcoin and more to come they say. I am ready Brother  |
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Zeta0S
Legendary
Offline
Activity: 1890
Merit: 1031
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June 06, 2014, 01:51:39 AM |
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Too much stale!
on ghash you do not pay for stale |
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forzendiablo
Legendary
Offline
Activity: 1526
Merit: 1000
the grandpa of cryptos
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June 06, 2014, 03:54:34 AM |
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great pool
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yolo
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Marlo Stanfield
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June 06, 2014, 02:49:41 PM |
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Theoretically, how would one profit off purchasing cloud mining? Do you guy a certain number of Ghash for a certain price and then wait x number of days to break even? Or make enough mining and then you sell off the Ghashes you bought for profit? If difficulty adjustments slow down and are lower than expected, does that make it more likely that the Ghashs you bought will be worth more money?
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jjdub7
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June 07, 2014, 07:44:19 AM |
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Hashing power is a depreciating asset, and at the current price you aren't projected to break even buying on CEX.io. Basically what's happening is everyone on the market is betting that the bubble won't pop while they're holding hashes...
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ozycash
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June 09, 2014, 04:12:19 AM |
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i sold my GHs and then mined using my own hardware, they claim no fees for your own hardware but i was still getting fees, i stopped using my hardware so i was not mining at all yet fees were still being deducted days later, cex said that it was not possible and that is all the 'help' they gave me!
if you do not have enough btc to withdraw cex slowly take it all in fees
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ozycash
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June 09, 2014, 04:19:59 AM |
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many times the fees charged are higher than the rewards you get from the block, in general if it takes more than 1 hour to solve the block you loose, sometimes the fees are three times higher than the rewards, yet they claim no electrical costs, no hardware costs, that is untill you read their terms where they state the fees comprise of electric costs, hardware costs building costs, staff costs, tax costs etc, it is cheaper to use your own hardware at a trusted pool, you will also get better rewards per block
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IYFTech
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June 11, 2014, 12:17:50 PM |
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CEX.IO official statement:We haven’t found any signs of the system being compromised, but we believe that the attack was made from within the former development team. Was there ever any update to this from CEX? I wonder if their investigation went any further. No. It was a thinly veiled cover-up. They did it - pure & simple. |
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CEX (OP)
Legendary
Offline
Activity: 1227
Merit: 1003
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June 13, 2014, 09:09:13 AM |
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CEX.IO together with GHash.IO are not intending to capture the 51% of the overall Bitcoin hashrate.
Our team consists of dedicated Bitcoin adherents, large investors into this cryptocurrency and people who get their wages in Bitcoin. Thus, there is logically no point for us to crash the system and kill the coin.
CEX.IO has been working on possible ways of decentralising Bitcoin mining since February. We will present our solutions to the Bitcoin community in the nearest time and ask you for understanding our intentions in the right way.
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MICRO
Legendary
Offline
Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
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June 13, 2014, 09:17:02 AM |
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CEX.IO together with GHash.IO are not intending to capture the 51% of the overall Bitcoin hashrate.
Our team consists of dedicated Bitcoin adherents, large investors into this cryptocurrency and people who get their wages in Bitcoin. Thus, there is logically no point for us to crash the system and kill the coin.
CEX.IO has been working on possible ways of decentralising Bitcoin mining since February. We will present our solutions to the Bitcoin community in the nearest time and ask you for understanding our intentions in the right way.
Good to hear. I hope u guys can pull it off. Coz it would be rly bad for you guys and for bitcoin if 51% happen . |
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ThePhwner
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June 13, 2014, 11:11:54 AM |
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Is the previously published mitigation plan still valid?
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Parazyd
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June 13, 2014, 11:14:40 AM |
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CEX.IO together with GHash.IO are not intending to capture the 51% of the overall Bitcoin hashrate.
Our team consists of dedicated Bitcoin adherents, large investors into this cryptocurrency and people who get their wages in Bitcoin. Thus, there is logically no point for us to crash the system and kill the coin.
CEX.IO has been working on possible ways of decentralising Bitcoin mining since February. We will present our solutions to the Bitcoin community in the nearest time and ask you for understanding our intentions in the right way.
Have you blocked users from adding additional hashrate already? |
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elasticband
Legendary
Offline
Activity: 1036
Merit: 1000
Nighty Night Don't Let The Trolls Bite Nom Nom Nom
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June 13, 2014, 11:17:32 AM |
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CEX.IO official statement:We haven’t found any signs of the system being compromised, but we believe that the attack was made from within the former development team. Was there ever any update to this from CEX? I wonder if their investigation went any further. No. It was a thinly veiled cover-up. They did it - pure & simple. wise words! |
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IYFTech
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June 13, 2014, 01:15:16 PM
Last edit: June 13, 2014, 01:28:26 PM by IYFTech |
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CEX.IO together with GHash.IO are not intending to capture the 51% of the overall Bitcoin hashrate.
Our team consists of dedicated Bitcoin adherents, large investors into this cryptocurrency and people who get their wages in Bitcoin. Thus, there is logically no point for us to crash the system and kill the coin.
CEX.IO has been working on possible ways of decentralising Bitcoin mining since February. We will present our solutions to the Bitcoin community in the nearest time and ask you for understanding our intentions in the right way.
CEX/Ghash - You're so full of shit it's not funny. Nobody believes you because of your previous lies. Here's what you do: 1) Stop accepting new miners, so that they choose a different pool & distribute the hash rate. 2) If this doesn't have the desired effect, stop some of your mining hardware temporarily until other pools have caught up. 3) Easy isn't it? If you haven't worked this out since February, you're either stupider than we all thought or don't give a toss. Or both. |
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d57heinz
Legendary
Offline
Activity: 1453
Merit: 1011
Bitcoin Talks Bullshit Walks
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June 13, 2014, 01:25:10 PM |
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what I find is irresponsible is that other pools hop onto ghash .. Yeah you multipool.us!!.. and im sure there are others... that is part of the bigger issue.. you smaller pools think since you haven't found a block in a couple days that you can take your enormous hash and jump to another pool.. that has to stop.. and yes I believe if you have over 1 ph but maybe less, then you need to either goto to p2p pool or solo. you don't need to be on another pool.. That's greed!!! Also all the other pools get with the program and start merge mining.. offer the same benefits as cex/ghash and this wouldn't be a problem. and also we aren't at 51 % we have been real lucky if you look at zeroblock the network is at 100 ph so 42 ph/100ph is not 51.. Have a good day:D
73's
d57heinz
In Bitcoin We Trust
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As in nature, all is ebb and tide, all is wave motion, so it seems that in all branches of industry, alternating currents - electric wave motion - will have the sway. ~Nikola Tesla~
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MICRO
Legendary
Offline
Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
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June 13, 2014, 01:37:24 PM |
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CEX.IO together with GHash.IO are not intending to capture the 51% of the overall Bitcoin hashrate.
Our team consists of dedicated Bitcoin adherents, large investors into this cryptocurrency and people who get their wages in Bitcoin. Thus, there is logically no point for us to crash the system and kill the coin.
CEX.IO has been working on possible ways of decentralising Bitcoin mining since February. We will present our solutions to the Bitcoin community in the nearest time and ask you for understanding our intentions in the right way.
CEX/Ghash - You're so full of shit it's not funny. Nobody believes you because of your previous lies. Here's what you do: 1) Stop accepting new miners, so that they choose a different pool & distribute the hash rate. 2) If this doesn't have the desired effect, stop some of your mining hardware temporarily until other pools have caught up. 3) Easy isn't it? If you haven't worked this out since February, you're either stupider than we all thought or don't give a toss. Or both. I agree that is what they should do but they are to greedy for that . And not only them its all the miners and other pools that joined them, and they continue doing that for some extra profit. Its everybody fault not only cex. |
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Parazyd
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June 14, 2014, 10:06:37 AM |
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Can't wait to see what bullshit will be in the official statement. It's taking quite long.
Why's it so hard to decentralize for them? Greed?
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ThePhwner
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June 14, 2014, 04:15:26 PM |
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Well they obviously waited too long to do anything meaningful and now they've been getting DDoS'ed all morning. I don't see how they didn't see that coming. I believed in Ghash. I pulled my hardware off their pools long ago, and now I don't even want to trade their. Seeing the GHS price at a 10 week high in the midst of BTC price drops, their platform instability, etc.... something is so very fundamentally wrong.
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