CEX (OP)
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September 05, 2014, 05:22:33 AM |
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Continuing our expansion of altcoin trading opportunities on the CEX.IO Crypto Exchange, we have added the following trading pairs: POT/BTC ANC/BTC MEC/BTC WDC/BTC
MEC/LTC WDC/LTCWe invite you to join us at CEX.IO and try our Crypto Trading Platform for yourselves https://cex.io/
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Buy/sell BTC and ETH using your Visa/Mastercard. Instant payments, low fees, worldwide coverage, 100% secure. Register Join Bitcoin Affiliate program! Invite users and get 30% lifetime bonus. Join now
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ajw7989
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Activity: 924
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September 06, 2014, 03:33:47 AM |
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Great addition to have more coins however the price and maintenance fees need to come down to stay in line with the competition (hashnest and gaw)
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bigassboy
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September 07, 2014, 10:08:21 PM Last edit: September 08, 2014, 07:25:15 AM by bigassboy |
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why was NMC/GHS removed?
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CEX (OP)
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Activity: 1227
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September 08, 2014, 04:54:29 AM |
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why was NMC/GHs removed?
It was removed in the latest platform upgrade. There is conversation within our forum that it may be reintroduced if enough community support is there https://support.cex.io/hc/en-us/articles/203096696
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forzendiablo
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the grandpa of cryptos
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September 09, 2014, 03:04:27 AM |
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NMC is preety dead
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yolo
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Flep182
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September 11, 2014, 09:29:33 AM |
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Funny to see. Especially since there was a calculation elsewhere that the Hashnest offer isn't going to ROI either
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CEX (OP)
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Activity: 1227
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September 12, 2014, 05:33:51 AM |
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Terrible service attitude from CEX.IO if it is true We would like to make a response and clarify our position on the CEX.IO chat rules. We have always had a rule governing advertising via our chat box, the original statement in our rules is: 'Profanity, verbal attacks on others, on-line dating, advertisement of any sort, or promoting any business opportunity is not allowed.'During the last few weeks talk of other competing businesses became almost the sole topic of conversation in our chat facility, to the point where certain users were treating our chat as a place to ask/offer help with rival systems. While we support free speech and welcome competition, we cannot allow our own facility to be misused in this manner, this is not only bad for our business, but also impacts on the ability of new users to seek help with cex.io/ghash.io systems. We had been lenient on users mentioning competing business trade names/URL's until this point but felt that we should steer our chat box back to its original purpose, being a resource offering a community and help for our own site. So, the new rule clarification is: 'DO NOT advertise or promote rival businesses or attempt to influence other users to migrate to one - Repeated posting of other businesses details will be considered advertising.'We hope this clarifies our position and that users understand what is, and what is not allowed in our chat.
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Flep182
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September 12, 2014, 05:52:21 AM |
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Is GHash.io going to do the merged mining of LTC/DOGE?
I'd like to point some hashing capacity to a pool that results in both LTC and DOGE but so far I can't find whether GHash supports it.
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CEX (OP)
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Activity: 1227
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September 17, 2014, 02:43:00 AM |
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Is GHash.io going to do the merged mining of LTC/DOGE?
I'd like to point some hashing capacity to a pool that results in both LTC and DOGE but so far I can't find whether GHash supports it.
Hey Flep182 Merge mining LTC/DOGE is ready for your hashing power.
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Flep182
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September 17, 2014, 06:37:42 AM |
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Is GHash.io going to do the merged mining of LTC/DOGE?
I'd like to point some hashing capacity to a pool that results in both LTC and DOGE but so far I can't find whether GHash supports it.
Hey Flep182 Merge mining LTC/DOGE is ready for your hashing power. Good work! I read that DOGE can be merged mined with -all- scrypt coins. I see CM already implemented that, would you be considering doing the same?
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l3sny
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September 17, 2014, 03:36:09 PM |
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what happens when the maitenance costs outweight the amount of bitcoins hashed by the shaers on CEX? I think the profits are minimal at the moment but we cen get into a negative equity sooner rather than later. And the price of the shares does not seem to be anywhere near the market price. It has to be pegged somehow...
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| . ,▄▄▄▄▄▄▄ ▄████▀▀▀▀████▄ ▄███` ,▄▄, ▀██▄ ▐██▀ ▄███████ ██▌ ,▄███ ████████▌ ▐██▄, ,▄███████▄ █▄▄██▄▄█ ▄███████▄▄ ██████████████████████████████████, ▐████▌ ██████████████████ ▐█████ ▀████▄▄████████▀ "████████▄▄████▀ `▀████████████▄▄████████████▀▀ '▀▀▀▀▀█████████▀▀▀▀ ▄▄ ▄▄ ███ ▄▄⌐ ███ ███ ██▌ ▀██ ███ ██▌ ▀██ ██▌ |
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FloridaBear
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September 17, 2014, 07:20:32 PM |
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what happens when the maitenance costs outweight the amount of bitcoins hashed by the shaers on CEX? I think the profits are minimal at the moment but we cen get into a negative equity sooner rather than later. And the price of the shares does not seem to be anywhere near the market price. It has to be pegged somehow...
It's amazing how ridiculous the cex.io GH/BTC prices are. I can't believe anyone would pay the going rate of BTC0.0038--that's nearly 100 times the actual value I calculate with 12% difficulty increases, which values 1 GH at 0.000051. Currently 1 GH brings about BTC0.000017 per day, but maintenance is 0.18/30/450= BTC0.0000134. So net profit/day is .00000347. Yes, that's 5 zeros. That means a 1096 day ROI with NO difficulty increases. Is that sane? With 12% diff increases, we are about a month away from implosion. Please be careful.I will be watching with interest when difficulty reaches 37.5 billion--that's when SHTF. This depends on BTC price, of course, but not that much, unless we go much higher.
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skuser
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September 18, 2014, 05:07:09 PM |
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what happens when the maitenance costs outweight the amount of bitcoins hashed by the shaers on CEX? I think the profits are minimal at the moment but we cen get into a negative equity sooner rather than later. And the price of the shares does not seem to be anywhere near the market price. It has to be pegged somehow...
Actually at projected next difficulty rise 20% and BTC exchange rate at $400 this is going to happen within 2 weeks and according to point 11.5 of their terms they can just stop hashing and the game is over https://cex.io/terms
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l3sny
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September 18, 2014, 06:12:31 PM |
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So why the price is that high then?
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| . ,▄▄▄▄▄▄▄ ▄████▀▀▀▀████▄ ▄███` ,▄▄, ▀██▄ ▐██▀ ▄███████ ██▌ ,▄███ ████████▌ ▐██▄, ,▄███████▄ █▄▄██▄▄█ ▄███████▄▄ ██████████████████████████████████, ▐████▌ ██████████████████ ▐█████ ▀████▄▄████████▀ "████████▄▄████▀ `▀████████████▄▄████████████▀▀ '▀▀▀▀▀█████████▀▀▀▀ ▄▄ ▄▄ ███ ▄▄⌐ ███ ███ ██▌ ▀██ ███ ██▌ ▀██ ██▌ |
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skuser
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September 18, 2014, 07:25:13 PM |
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No idea...maybe greed, maybe stupidity...maybe everybody is trading and not mining...
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l3sny
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September 18, 2014, 08:35:05 PM |
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or maybe none of this
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| . ,▄▄▄▄▄▄▄ ▄████▀▀▀▀████▄ ▄███` ,▄▄, ▀██▄ ▐██▀ ▄███████ ██▌ ,▄███ ████████▌ ▐██▄, ,▄███████▄ █▄▄██▄▄█ ▄███████▄▄ ██████████████████████████████████, ▐████▌ ██████████████████ ▐█████ ▀████▄▄████████▀ "████████▄▄████▀ `▀████████████▄▄████████████▀▀ '▀▀▀▀▀█████████▀▀▀▀ ▄▄ ▄▄ ███ ▄▄⌐ ███ ███ ██▌ ▀██ ███ ██▌ ▀██ ██▌ |
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Puppet
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Activity: 980
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September 21, 2014, 10:02:56 AM |
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Actually at projected next difficulty rise 20% and BTC exchange rate at $400 this is going to happen within 2 weeks and according to point 11.5 of their terms they can just stop hashing and the game is over https://cex.io/termsIts gonna happen in ~4 days. Current projections show next difficulty will be 35.8B. At that difficulty, and todays exchange rate, 1GH would mine $0.1607 per month. Cex.io maintenance fees are $0.18 per month. Game over. BTW, if my math isnt wrong, theoretically 1 share ought to mine 0.00001686 BTC per day now Subtract maintenance fees ($0.15/30 days/$381 per btc) -0.00001572 BTC = 0.00000113 BTC dividend per day. Multiply by 4 remaining days and I get 0.00000453 BTC That would be fair value. Its trading 640x higher lol.
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