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

[acegilz]

big hit today... i bought yesterday night at 0.0149 .. fuck my life

do you think it ll keep going down or stick around, eventually make a small correction on following weeks?

[Light]

The chance of it making a correction will get slimmer every single day, so I don't think that it will unless it manages to do so in a couple of days time. Any further than that and the value of GHS should fall to keep in sync with the rising amount of network hashing power making each individual GHS less valuable.

[Micky25]

its a quite easy calculation, 0,005/GHs is the price for an immediately available Antminer.

[CEX]

GHash.IO prevents 51% accumulation of the Litecoin hashing power

 

March 13, 2014, GHash.IO mining pool launched an offer, according to which users get doubled rewards for mining Litecoins. In one day GHash.IO became Litecoin mining pool #1. Unfortunately, we didn’t expect such a rush of Litecoin miners and are now forced to adjust the offer’s rules to prevent getting 51% of the Litecoin network.

 

Thus, from now on, the reward multiplier depends on the overall Litecoin pool speed at GHash.IO. If the speed varies between 0 and 40 GH/s, all Litecoin rewards will be doubled, as stated at the beginning of the offer. At the 40-60 Gh/s pool speed, the reward multiplier decreases to 1.25. Finally, if the pool reaches 60+ GH/s, GHash.IO will need to close the offer, since this rate is too critical for the double spending threat and the Litecoin currency in general.

 

We do our best to be a trustworthy pool and are not willing to destroy any cryptocurrency. Our actions coincide respectively.

Thank you for understanding!

[tomewok]

GHash.IO prevents 51% accumulation of the Litecoin hashing power

 

March 13, 2014, GHash.IO mining pool launched an offer, according to which users get doubled rewards for mining Litecoins. In one day GHash.IO became Litecoin mining pool #1. Unfortunately, we didn’t expect such a rush of Litecoin miners and are now forced to adjust the offer’s rules to prevent getting 51% of the Litecoin network.

 

Thus, from now on, the reward multiplier depends on the overall Litecoin pool speed at GHash.IO. If the speed varies between 0 and 40 GH/s, all Litecoin rewards will be doubled, as stated at the beginning of the offer. At the 40-60 Gh/s pool speed, the reward multiplier decreases to 1.25. Finally, if the pool reaches 60+ GH/s, GHash.IO will need to close the offer, since this rate is too critical for the double spending threat and the Litecoin currency in general.

 

We do our best to be a trustworthy pool and are not willing to destroy any cryptocurrency. Our actions coincide respectively.

Thank you for understanding!

Why don't you close registrations instead ?

[patara66]

cex.io confirm error

I agree.
but does not receive approval.



HELP  PLAESE!

[dragonmike]

Why don't you close registrations instead ?

+1
Suddenly reducing the offer by 75% is quite... sleazy.

[Planethill]

Why don't you close registrations instead ?

+1
Suddenly reducing the offer by 75% is quite... sleazy.

Yup.  And as fast as they went to #1, they will lose #1.

Of course they knew all this,  It was part of the plan.

[uberua]

Why don't you close registrations instead ?

+1
Suddenly reducing the offer by 75% is quite... sleazy.

+1

[josg21]

GHash.IO prevents 51% accumulation of the Litecoin hashing power

 

March 13, 2014, GHash.IO mining pool launched an offer, according to which users get doubled rewards for mining Litecoins. In one day GHash.IO became Litecoin mining pool #1. Unfortunately, we didn’t expect such a rush of Litecoin miners and are now forced to adjust the offer’s rules to prevent getting 51% of the Litecoin network.

 

Thus, from now on, the reward multiplier depends on the overall Litecoin pool speed at GHash.IO. If the speed varies between 0 and 40 GH/s, all Litecoin rewards will be doubled, as stated at the beginning of the offer. At the 40-60 Gh/s pool speed, the reward multiplier decreases to 1.25. Finally, if the pool reaches 60+ GH/s, GHash.IO will need to close the offer, since this rate is too critical for the double spending threat and the Litecoin currency in general.

 

We do our best to be a trustworthy pool and are not willing to destroy any cryptocurrency. Our actions coincide respectively.

Thank you for understanding!

http://s29.postimg.org/smw60uut3/awards.png

Why don't you close registrations instead ?

Yea, this is not right

[GreenBits]

GHash.IO prevents 51% accumulation of the Litecoin hashing power

 

March 13, 2014, GHash.IO mining pool launched an offer, according to which users get doubled rewards for mining Litecoins. In one day GHash.IO became Litecoin mining pool #1. Unfortunately, we didn’t expect such a rush of Litecoin miners and are now forced to adjust the offer’s rules to prevent getting 51% of the Litecoin network.

 

Thus, from now on, the reward multiplier depends on the overall Litecoin pool speed at GHash.IO. If the speed varies between 0 and 40 GH/s, all Litecoin rewards will be doubled, as stated at the beginning of the offer. At the 40-60 Gh/s pool speed, the reward multiplier decreases to 1.25. Finally, if the pool reaches 60+ GH/s, GHash.IO will need to close the offer, since this rate is too critical for the double spending threat and the Litecoin currency in general.

 

We do our best to be a trustworthy pool and are not willing to destroy any cryptocurrency. Our actions coincide respectively.

Thank you for understanding!

Some of us have entered into multiple day mining contracts; and would not have done so had we known the double reward wasn't going to extend through the stated time frame. Is there anyway to get compensated for this, Cex? The website still states: Pool fee is 0% ! Doubled rewards for LiteCoin mining ends in [5 days, 23 hours, 28 minutes, and 51 seconds]

[Flep182]

So far the amount of Gh/s on Ghash.io stays safely under the 40 Gh/s limit. I think some people are very well planning capacity

So far one block has been mined above the 40 Gh/s limit, so far not much "loss" to be compensated for.

[GreenBits]

So far the amount of Gh/s on Ghash.io stays safely under the 40 Gh/s limit. I think some people are very well planning capacity

So far one block has been mined above the 40 Gh/s limit, so far not much "loss" to be compensated for.

I have a few mining contracts with over 64 hours left in them, so if and when we pass 40GHs;they will immediately become unprofitable.

 
Just kinda feel like they changed the rules in the middle of the game, you know?

[Amberdark]

if it looks, sounds and smells too good to be true.. then it always is!

this was complete douchebaggery on behalf of CEX.. you should have stated the 40Ghs limit upfront, not 2 days later when you "remembered" that you don't want to go above 51% and also if you do not want to go above 51% you should have limited the registrations instead of changing the rules of the game midgame!

A lot of people have leasing contracts for rigs because of the promotion, really nice way of screwing your new users!

[arawrpc]

Why is there no clearly stated way to remove/withdraw your mined feathercoins?

[sapstar]

Is there an android app for Ghash to monitor the workers? I found an app, but it is asking for an api key which I cant find on the website.

[newguy05]

its a quite easy calculation, 0,005/GHs is the price for an immediately available Antminer.

ditto, and with the 880W 1TH miners getting pumped out like no tomorrow from china, the disadvantage of antminer's ability to scale is gone.

With a 13%+ cut on profit, any edge to hosted mining is gone too.

I expect price to get within 15% of market rate for hash power in the next 1-2 month.

Since the beginning of the markets when they were still trading on the streets, there is always bubble and burst, but eventually market is always right and corrects it self...before the next bubble/burst happens.

We are in the burst phase in regards to cex mining shares...

[itod]

ditto, and with the 880W 1TH miners getting pumped out like no tomorrow from china, the disadvantage of antminer's ability to scale is gone.

Where can one find reliable info what's happening with Antminer, quantity of miners, batches, etc?

[GreenBits]

Pool fee is 0% ! Doubled rewards ( change this please guys, its misleading at this point) for LiteCoin mining ends in [5 days, 19 hours, 35 minutes, and 46 seconds]
To prevent getting 51% of the Litecoin network, the reward multiplier will be adjusted according to the pool speed. Current multiplier: x1.25.

0 – 40 GH/s   x2
Current Pool Speed: 39.01 Gh/s

 
Sigh.

[Amgclk65]

How do I change difficulty setting for my workers ?

I figured how too. I think I screwed myself for the past 10 hours with a low difficulty setting.
Hashing at 4.5mh/a for ten hours and I'm only at .5 ltc.