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miztaziggy (OP)
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November 11, 2013, 11:38:13 AM |
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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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elasticband
Legendary
 Offline
Activity: 1036
Merit: 1000
Nighty Night Don't Let The Trolls Bite Nom Nom Nom
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November 11, 2013, 11:40:00 AM |
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pool size has increased, your payout pre block reduces, but block should be more frequent
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miztaziggy (OP)
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November 11, 2013, 12:15:27 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 |
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Thenen
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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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mvidetto
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November 11, 2013, 04:06:41 PM |
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What is the fee going to be?
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realitycheck
Member
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Activity: 85
Merit: 10
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November 11, 2013, 04:10:41 PM |
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https://cex.io/maintenance which works out to be around 3% of the mining profits whilst mining.
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CEX.IO - Get yourself into bitcoin mining -no min starting point to figure out how it works while you mine.
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mvidetto
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November 11, 2013, 04:19:42 PM |
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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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realitycheck
Member
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Activity: 85
Merit: 10
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November 11, 2013, 06:00:51 PM |
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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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CEX.IO - Get yourself into bitcoin mining -no min starting point to figure out how it works while you mine.
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IYFTech
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November 11, 2013, 06:37:30 PM |
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Registering as a UK company means nothing - apart from making them an Official shady company instead of an unofficial one.
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realitycheck
Member
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Activity: 85
Merit: 10
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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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CEX.IO - Get yourself into bitcoin mining -no min starting point to figure out how it works while you mine.
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Goldenboy
Newbie
Offline
Activity: 15
Merit: 0
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November 12, 2013, 06:59:40 AM |
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woweeeeee  |
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realitycheck
Member
Offline
Activity: 85
Merit: 10
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November 12, 2013, 08:21:26 AM |
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hurrah
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CEX.IO - Get yourself into bitcoin mining -no min starting point to figure out how it works while you mine.
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wunkbone
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November 12, 2013, 12:36:41 PM |
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Oh cmon, why did they keep delaying the fees  |
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werauchimmer
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Activity: 65
Merit: 10
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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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JessicaSe
Legendary
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Activity: 840
Merit: 1000
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November 13, 2013, 07:57:43 AM |
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The drop is really minimal.... though that It would drop at least 2x...
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johncarpe64
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November 13, 2013, 12:24:10 PM |
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Guys, please stop holding or buying hash from CEX, it is really overpriced ... |
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realitycheck
Member
Offline
Activity: 85
Merit: 10
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November 13, 2013, 01:32:35 PM |
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Guys - please start buying Ghs from cex.io - its really under priced :-)
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CEX.IO - Get yourself into bitcoin mining -no min starting point to figure out how it works while you mine.
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Golph
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November 13, 2013, 03:04:43 PM |
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Oh cmon, sell some hash please I wanna buy some cheap hash...
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Omikifuse
Legendary
Offline
Activity: 1750
Merit: 1009
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November 14, 2013, 02:03:32 PM |
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Guys - please start buying Ghs from cex.io - its really under priced :-)
No  |
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