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Author Topic: Merged mining on CEX.IO  (Read 716 times)
jongameson (OP)
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December 31, 2013, 12:38:01 PM
Last edit: December 31, 2013, 01:01:09 PM by jongameson
 #1

I just bought a couple GHS, and noticed it's mining NMC, IXC, and DVC at the same time as BTC.  What is this all about??
minifrij
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December 31, 2013, 12:40:21 PM
 #2

It's just giving you more bang for your buck I should think. I don't think that it mining the other cryptos takes away from your BTC mining rate.
Lethn
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December 31, 2013, 12:41:11 PM
 #3

yeah when you rent the hashpower it mines other coins using the same SHA-256 protocol Bitcoin does, I wish they'd rent out scrypt hashing Sad and minifrij is right, from what I can gather it doesn't do anything to your hashrate.
Pazatron
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December 31, 2013, 12:59:23 PM
 #4

As a complete newb, I'd like to know the financial benefits of cloud mining. Any opinions?
jongameson (OP)
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December 31, 2013, 01:04:55 PM
Last edit: December 31, 2013, 01:21:04 PM by jongameson
 #5

The cost per GH/s is exchanged just like a stock.  So it fluctuates while your mining and you can sell it at any time for a profit or a loss.

And it's kind of tricky because currently a GH/s will make you 0.03 by March, and level off after that.  And your paying 0.038 so the benefits? probably minimal.

I guess you get the other coins too..
Smileyftw
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January 01, 2014, 05:52:14 PM
 #6

is CEX advertising everywhere ? i can see them here only
kostja
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January 01, 2014, 06:02:37 PM
 #7

I wish they'd rent out scrypt hashing Sad

In "services"  on Marketplace is one guy, that rent own GPU farm.

And other that exist CPU cloud mining.
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