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Author Topic: **CEX.IO Bitcoin Exchange ** Buy Bitcoins with Cards in iOS / Android App***  (Read 422144 times)
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byt411
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April 29, 2014, 09:24:39 PM
 #1281

ghash.io ROCKS  Grin

Right?
Keep up the good work CEX, don't listen to these haters!

ghash.io rocks, not cex.io.
boumalo
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April 29, 2014, 09:35:22 PM
 #1282

Cex.io, has been down for over an hour, GHS price fell 2 dollars yesterday and https://bitcoinwisdom.com/markets/cexio/ghsbtc

lists last price at 0.006735.  I hope the GHS goes back up.

Thanks, site back up

0.066 atm

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April 29, 2014, 09:52:57 PM
Last edit: April 30, 2014, 03:20:24 AM by Icon
 #1283

Well the jury is still out on this new TOS adjustment, but i will give cex one thing, they finally managed to change the time zone to local time, no more guessing when something happened. By the looks of it they removed the maintenance fee % and just simply letting us do the math on $.23 per gh/s per month.

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April 30, 2014, 12:03:37 AM
 #1284

I want to sell my GHS and I get an error:

Code:
Error: An error occurred while processing this directive. The issue will be fixed as soon as possible

The fee is too high to be mining on GHS's, better mine with my own hardware.

Block reward x.xxxxxxxxx Fees: NO FEES



https://cex.io/maintenance

0.26$ / month / GH !!!!

PER MONTH! READ`!#"¤%
Do you ever think about everything else they do?
No fees on blocks.

  • You get higher amount of GHs than you have, see GHash's site.
  • No more fee's on blocks.
  • No fee´s on FHM
  • 1 month is 31days, NOT 28-30.

Wrong

They are still charging fee per block found just like it has in their TOS 2.0

https://cex.io/terms    section 11.4

"11.4. The basic fixed Maintenance Cost amount equals to $0.26 per month for 1 GH/s and is charged in Bitcoins in the way described at https://cex.io/maintenance but not less then 0.00000001. Maintenance Cost is deducted from cloud based GHS owners after a block is mined. The exact amount of GHS is calculated via the amount of shares provided for this block."

Basically only thing cex did was hide from their users the 29% maintenance fee oh and now charging us a 2% fixed trading fee. ( that will go up soon to the max of 5%)

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April 30, 2014, 09:05:50 AM
 #1285

oh well more fees. i can see more fees and higher fees in the near future, it is the start of a dying company. they are trying to make more money, that means they are starting to loose money (or are not making enough), time is now their enemy. many people were leaving now more will leave so less people will give cex less money. do the math!

the best faucet instant payment
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April 30, 2014, 09:15:01 AM
 #1286

It's hard to do the math when the candles do this, though :/

https://bitcoinwisdom.com/markets/cexio/ghsbtc

That said I still like cex for multipooly mining and folding that back into GHS (when appropriate)

It's short for Thomassina ⚥ • BTC veteran, Bitcointalk neophyte • BTC1THoM4cn8hHTyE637DEPMCLcerZe1mL1X • Cex.IO Cloud Mining - don't risk preorders, mine & trade now!
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April 30, 2014, 05:28:42 PM
 #1287

what the fuc is happening?? i see trades at 1 Bitcoin /GH ....  Huh Huh
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April 30, 2014, 05:32:34 PM
 #1288

what the fuc is happening?? i see trades at 1 Bitcoin /GH ....  Huh Huh

Thank you for your attention to this matter.
The graphs have already been fixed. We just have to wait some time so that old data will be replaced with actual chart data.

We apologise for the inconvenience.

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April 30, 2014, 05:35:45 PM
 #1289

CEX.IO Lowers Maintenance Costs



CEX.IO announces lower maintenance costs for owners of GHS. The previous cost was estimated at $0.30, but is now lowered to $0.26 for 1 GHS per month.

The maintenance costs on these cloud-based mining commodities are used to pay for costs of electricity, hardware maintenance, and data centre upkeep. The main reason for this drop in maintenance costs is due to working closely with hardware providers who can provide nearly free upkeep costs.
This drop in maintenance costs for holders of GHS should lead to long-term savings for investors.

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byt411
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April 30, 2014, 06:01:53 PM
 #1290

CEX.IO Lowers Maintenance Costs



CEX.IO announces lower maintenance costs for owners of GHS. The previous cost was estimated at $0.30, but is now lowered to $0.26 for 1 GHS per month.

The maintenance costs on these cloud-based mining commodities are used to pay for costs of electricity, hardware maintenance, and data centre upkeep. The main reason for this drop in maintenance costs is due to working closely with hardware providers who can provide nearly free upkeep costs.
This drop in maintenance costs for holders of GHS should lead to long-term savings for investors.

What is the % of mining profit?
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April 30, 2014, 06:32:05 PM
 #1291

If you are still mining at cex (more precisely its pool, ghash.io), you must be retarded. Switch over to btcguild or eligius for better stability and profits. No, really.
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April 30, 2014, 06:35:36 PM
 #1292

CEX.IO Lowers Maintenance Costs



CEX.IO announces lower maintenance costs for owners of GHS. The previous cost was estimated at $0.30, but is now lowered to $0.26 for 1 GHS per month.

The maintenance costs on these cloud-based mining commodities are used to pay for costs of electricity, hardware maintenance, and data centre upkeep. The main reason for this drop in maintenance costs is due to working closely with hardware providers who can provide nearly free upkeep costs.
This drop in maintenance costs for holders of GHS should lead to long-term savings for investors.

What is the % of mining profit?

The % of mining profit varies, depending on the block duration.

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byt411
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April 30, 2014, 06:40:01 PM
 #1293

CEX.IO Lowers Maintenance Costs



CEX.IO announces lower maintenance costs for owners of GHS. The previous cost was estimated at $0.30, but is now lowered to $0.26 for 1 GHS per month.

The maintenance costs on these cloud-based mining commodities are used to pay for costs of electricity, hardware maintenance, and data centre upkeep. The main reason for this drop in maintenance costs is due to working closely with hardware providers who can provide nearly free upkeep costs.
This drop in maintenance costs for holders of GHS should lead to long-term savings for investors.

What is the % of mining profit?

The % of mining profit varies, depending on the block duration.


Yeah, it may be 100%, 150%, or 200%+.
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April 30, 2014, 06:50:47 PM
 #1294

CEX.IO Lowers Maintenance Costs



CEX.IO announces lower maintenance costs for owners of GHS. The previous cost was estimated at $0.30, but is now lowered to $0.26 for 1 GHS per month.

The maintenance costs on these cloud-based mining commodities are used to pay for costs of electricity, hardware maintenance, and data centre upkeep. The main reason for this drop in maintenance costs is due to working closely with hardware providers who can provide nearly free upkeep costs.
This drop in maintenance costs for holders of GHS should lead to long-term savings for investors.

What is the % of mining profit?

The % of mining profit varies, depending on the block duration.


Yeah, it may be 100%, 150%, or 200%+.

It can also be 0.5% 5% 10% , depending on block duration

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April 30, 2014, 08:07:34 PM
 #1295

CEX.IO Lowers Maintenance Costs



CEX.IO announces lower maintenance costs for owners of GHS. The previous cost was estimated at $0.30, but is now lowered to $0.26 for 1 GHS per month.

The maintenance costs on these cloud-based mining commodities are used to pay for costs of electricity, hardware maintenance, and data centre upkeep. The main reason for this drop in maintenance costs is due to working closely with hardware providers who can provide nearly free upkeep costs.
This drop in maintenance costs for holders of GHS should lead to long-term savings for investors.

It will but the cost of maintenance is getting higher in terms of btc as the btc price goes down

I am happy I sold at 400+; I always liked cex.io but the price seemed too high, I would like to get some referees : is that the link i need to give them : https://cex.io/r/0/calculer/0/ ??

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April 30, 2014, 10:54:25 PM
 #1296

At this current price and difficulty 1GH generates $0.8278 per month and is charged $0.26 per month.
If the price were to remain constant, the average percentage for current difficulty is 31.4%

At bitcoinwisdom's estimate for the next difficulty level, the percentage charged would be 34.7%
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May 01, 2014, 12:57:35 AM
 #1297

Why is there now a trading fee? Its not like CEX is a coin exchange, the exchange is there purely for buying/selling GHS, your own product!!!

If its a bot trading problem then why not give each user x amount of free transactions per month to cover those who are only using the exchange to buy more GHS? Seems very strange to tax users for buying GHS.

Tompool - http://tompool.org - a 2% fee SHA256/Scrypt/BURST/Groestl multipool supporting ANC, ASC, DGC, EZC, FLO, GLD, GME, MNC, RYC, TGC, TRC, XNC, ZET & more
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May 01, 2014, 01:47:58 AM
 #1298

Fee lowered you say? Is that why you had 29.61% before lowering and now changed to .26 cents per gh/s per month, so how exactly did going from % to a cents make it lower?

Also funny thing i tried cex again like an idiot put in 4.6 btc up for about 12 hours with 700 gh/s just to mine .001 btc per block found and to have .001 removed for maintenance fee, just how am i suppose to make any profit if you keep taking what i am making per block?

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May 01, 2014, 05:41:24 PM
 #1299

cex,

The electricity cost is $0.13. You are charging an additional $0.13 for maintenance and hosting. I understand you guys need to make money too, but this is just too greedy.  Using real world terms, for a regular 1TH box you are charging $130 a month just for a shelf space.

If you continue down this path, you may make some short term profits, but then customers will leave, and i hope you realize the main driver of your business/profit is the ability to make market for buying/selling shares, once that becomes illiquid, things will go south pretty fast.

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May 01, 2014, 06:33:27 PM
 #1300

cex,

The electricity cost is $0.13. You are charging an additional $0.13 for maintenance and hosting. I understand you guys need to make money too, but this is just too greedy.  Using real world terms, for a regular 1TH box you are charging $130 a month just for a shelf space.

If you continue down this path, you may make some short term profits, but then customers will leave, and i hope you realize the main driver of your business/profit is the ability to make market for buying/selling shares, once that becomes illiquid, things will go south pretty fast.

+1

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