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Author Topic: Reduction in return from CEX  (Read 4172 times)
miztaziggy
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November 11, 2013, 11:38:13 AM
 #1

I bought a small amount of GH from CEX to try it out.

Last week, I was getting about 0.00039 - 0.0004 per block.

Right now I am getting closer to 0.00035 per block.

My GH hasn't been reduced and the difficulty hasn't gone up.

So why would that be? I thought that the payout would be fairly constant until the difficulty goes up?

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November 11, 2013, 11:40:00 AM
 #2

pool size has increased, your payout pre block reduces, but block should be more frequent
miztaziggy
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November 11, 2013, 12:15:27 PM
 #3

pool size has increased, your payout pre block reduces, but block should be more frequent

Ahh yeah, I get you. Frequency increases so overall payout stays the same. Obvious now you mention it.

Thanks

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November 11, 2013, 04:01:19 PM
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pool size has increased, your payout pre block reduces, but block should be more frequent

Ahh yeah, I get you. Frequency increases so overall payout stays the same. Obvious now you mention it.

Thanks


And it will further reduce once the fee starts tomorrow.
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November 11, 2013, 04:06:41 PM
 #5

What is the fee going to be?
realitycheck
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November 11, 2013, 04:10:41 PM
 #6

https://cex.io/maintenance which works out to be around 3% of the mining profits whilst mining.

CEX.IO  - Get yourself into bitcoin mining -no min starting point to figure out how it works while you mine.
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November 11, 2013, 04:19:42 PM
 #7

https://cex.io/maintenance which works out to be around 3% of the mining profits whilst mining.

Thank you, yeah still don't trust cex.io or ghash.io they have been doing some shady stuff (the betcoin debacle...).
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November 11, 2013, 06:00:51 PM
 #8

One to watch - however, they have recently registered as a UK company with named directors - which should indicate that they are not hiding and trying to make a proper business out of it?

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November 11, 2013, 06:37:30 PM
 #9

Registering as a UK company means nothing - apart from making them an Official shady company instead of an unofficial one.

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November 11, 2013, 06:48:59 PM
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Officially Shady company Ltd.  I like the sound of that..

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November 11, 2013, 07:02:18 PM
 #11

they announced today that the fee stays at 0%. Additionally, they now do merged mining.

https://bitcointalk.org/index.php?topic=318010.msg3549368#msg3549368

I had only good business with them since opening.
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November 12, 2013, 06:59:40 AM
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woweeeeee Grin
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November 12, 2013, 08:21:26 AM
 #13

hurrah

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November 12, 2013, 12:36:41 PM
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Oh cmon, why did they keep delaying the fees Sad

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November 12, 2013, 01:28:25 PM
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Well, discussions about profitability aside: I like it. It certainly has potential.
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November 13, 2013, 07:57:43 AM
 #16

The drop is really minimal.... though that It would drop at least 2x...
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November 13, 2013, 12:24:10 PM
 #17

Guys, please stop holding or buying hash from CEX, it is really overpriced Sad...

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RISE
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November 13, 2013, 01:32:35 PM
 #18

Guys - please start buying Ghs from cex.io - its really under priced :-)

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Golph
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November 13, 2013, 03:04:43 PM
 #19

Oh cmon, sell some hash please I wanna buy some cheap hash...

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November 14, 2013, 02:03:32 PM
 #20

Guys - please start buying Ghs from cex.io - its really under priced :-)

No Smiley

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