EFS
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Crypto Swap Exchange
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April 07, 2014, 02:27:52 PM |
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It won't even ROI in 5-6 years.
Overall, forget mining. Mining is for the suckers, unless you have access to very good deals in high-end gear AND have access to dirt cheap electricity.
Instead, buy BTC at a price you like and be done with it. It's clear that you don't know how to calculate. People who bought Ghashes 6-7 months ago (including me) already got their ROI and they make profit every second now. In Cex.io you already do your investment with Bitcoins, so "buy BTC with that amount of money" sentence is pointless. Investment are BTC, earnings are BTC, you don't have to follow BTC/USD rate. Mining is for pros, it is important for network. If nobody mine BTC, system will fail. We keep the system working. |
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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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jleefly
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Activity: 164
Merit: 100
jld.kr - Cryptocurrency Web Development !
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April 07, 2014, 02:52:52 PM |
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It won't even ROI in 5-6 years.
Overall, forget mining. Mining is for the suckers, unless you have access to very good deals in high-end gear AND have access to dirt cheap electricity.
Instead, buy BTC at a price you like and be done with it. It's clear that you don't know how to calculate. People who bought Ghashes 6-7 months ago (including me) already got their ROI and they make profit every second now. In Cex.io you already do your investment with Bitcoins, so "buy BTC with that amount of money" sentence is pointless. Investment are BTC, earnings are BTC, you don't have to follow BTC/USD rate. Mining is for pros, it is important for network. If nobody mine BTC, system will fail. We keep the system working. well if you got your ROI and making profit now, I wonder why you only have 75ghash at Cex.io any comment on this because i am still not sure whether hosting mining is ever worth it or not. |
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FalconFly
Sr. Member
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Activity: 252
Merit: 250
Sentinel
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April 07, 2014, 05:56:23 PM |
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It won't even ROI in 5-6 years.
Overall, forget mining. Mining is for the suckers, unless you have access to very good deals in high-end gear AND have access to dirt cheap electricity.
Instead, buy BTC at a price you like and be done with it. It's clear that you don't know how to calculate. People who bought Ghashes 6-7 months ago (including me) already got their ROI and they make profit every second now. In Cex.io you already do your investment with Bitcoins, so "buy BTC with that amount of money" sentence is pointless. Investment are BTC, earnings are BTC, you don't have to follow BTC/USD rate. Mining is for pros, it is important for network. If nobody mine BTC, system will fail. We keep the system working. It's clear that you're either a paid shill or don't know jack sh*t about cex cloud mining. Cex has never ROI at any time in its recent existence, outside of the temporary BTC runup to >1000$. People who bought Ghashes 6-7 months ago are far more than 70% in the minus of their total investment worth, this has been proven over and over. The absolutely only way to profit @ cex is successful trading, no exception. Mining is keeping the network alive for sure, but the only ones doing it really profitably are the hardware manufacturers. The rest gets the breadcrumps in comparison. |
This forum signature is like its owner - it can't be bought
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Borntostun
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Activity: 70
Merit: 10
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April 07, 2014, 11:36:50 PM |
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Does pbmining even have any availability?
And CEX continues to drop while BTC difficulty continues to rise.
I continue to think that scrypt mining is the way to go because it minimizes the difficulty increases. That said, there aren't so many longstanding scrypt cloud mining so you have to give it a try. I've grown comfortable with scrypt.cc (link below) . . . it's the best payout and passive income on returns that I've found. If anyone is beating it . . . please let me know. Thanks.
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April 08, 2014, 12:26:39 AM |
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Well for someone that has been into cex.io for now just over 6 months i am one that's not hit roi yet. And now i didn't get into cex to use bots to trade , i use cex to mine btc.
Use blockchain to verify this my cex deposit address:
18SCt6XCchp7UDnxdRDaJUPUUA8qfjdu39 ~ 14 btc sent there
and with my 460 gh/s and if i sell now i would make only less then 5.10 btc
And i have mined probably (guessing) 5 btc worth. so i am still in the whole -5 btc
Reason i did was simple i rather have small amount of daily income instead of just selling those 14 btc and have a limited amount of cash laying around always going down due to me spending it.
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bronan
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April 12, 2014, 11:26:38 AM |
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WTF people use your brains you think that the scrypt coins not gonna suffer from the oncoming monster asic miners
Are you so blind or did not see knc selling 250 Mhash machines .... what do you think will happen if several hundred of these machines hit the scrypt market...
The others are selling tons of their smaller models as well, but even those will add so much new power that diff will rise soon as fast as it did on sha256 coins
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BTCloft.com
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Activity: 22
Merit: 0
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August 03, 2014, 11:16:42 PM |
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Friday I started to test with 140 GHs, on CEX.io, I will report back later next week.
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ducmami
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August 04, 2014, 07:21:55 AM |
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there is no really cloud mining at cex.io
if they have 1Th/s mining that can mine 15$/day, there is no reason for them to sell it to get less profit
Members are trade together on it, and give them profit while their mining still make money
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xstr8guy
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August 04, 2014, 11:15:12 AM |
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Lunamine instead? Cheaper than Cex and they seem more legitimate than PBMining. BTW, PBMining has been great so far. Ponzi? I don't know but I've had no problems so far with PBMIning.
Full disclosure: I have contracts with PBMining and Lunamine. I'm 91% of positive ROI with PBMining on a 1200GHs contract. And I recently bought 2THs from Lunamine and I'm currently promoting them in my sig.
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zeroworld
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Activity: 23
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August 04, 2014, 04:49:11 PM |
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wooha~learn more about this~thumb~  |
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jjc326
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August 04, 2014, 09:50:14 PM |
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Just don't go nuts with 1 pick, might want to spread around your money. Some of the cloud mining or even CEX could be a Ponzi or could just run away with the BTC. Why don't you try both and see what gives you the better ROI over a month?
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rikkejohn
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August 06, 2014, 10:59:55 PM |
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I just had another go with Cex. I bought 650 ghz, and then spent 2 hours waiting for a block to be found. By that time, I was in he red, as I had a maintenance fee slapped on me. Block speed improved after that, but with the dropping price per ghz, and the insane maintenance fees popping up, I sold at a loss. It was the right decision. It dropped even further after that, and blocks found were still on the slow side.
I can't see any chance of profit unless BTC goes insane, and is suddenly worth 2k or something. Even then iit would be trivial.
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1PkwpyTLo5TfagzCPgjdvQFNVzuEyHViGt
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Rboxer
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Activity: 43
Merit: 0
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August 07, 2014, 05:09:09 PM |
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It's easy , Cex.io = loose money and PBMining win money
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bitgeek
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August 07, 2014, 05:35:09 PM |
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I'd go with a third option: Zenminer Cloud  Don't know much about PB but CEX prices are afaik the highest on the market. |
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Nawaytes
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August 08, 2014, 03:06:56 AM |
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as my experience, i have some ghs in cex.io, it runs a few months. It won't even ROI in 5 months. and then pbmining comes up with much cheaper price/ghs. i sold all my ghs in cex.io and bought in pbmining I get the GHS 2-fold. runs until now. and i don't get ROI too. haha  so far i realized cloud mining is not worth. and prefer to trading or play dice bitcoin like in Dicebitco.in |
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DhaniBoy
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August 09, 2014, 04:19:06 AM |
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Which one do u guys I am looking to try one of them. Also where is a place where I can get bitcoins securely with my debit card other than Virtex.
Thanks Much Help Appreciated
PBmining is more cheap than CEO.IX, but CEO.IX is more safe than PBmining but for now i recomended not invest to both of them because the price of bitcoin tends increasing smoothly thanks ... |
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testerman
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August 13, 2014, 02:43:18 PM |
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Antminer s3 vs cex vs pbmining Antminer S3, it seems cheapest mining hardware in the world. BUT it is not. Assuming you will mine with this device for one year. Because after a year, hardware mines nothing because of diff rise. Lets calculate the how much it costs.. 0.68 BTC for 441 GHS. 340 watt for 441 GHS = (0.34kwh/441ghs)*0.15$/kwh*24*365/(550$/BTC) = 0.00183 btc/ghs in one year energy cost with 0.15 $ / kwh 0.68/441 = 0.00154 btc/ghs comes from order 0.00183 btc/ghs comes energy cost PSU : lets say, 75$ ----> 75$/441/550$/BTC = 0.00020 btc/ghs TOTAL COST IN ONE YEAR 0.00154 + 0.00183 + 0.00031 = 0.00368 BTC/ghs = 2.02 $ / ghs @ 550$/btc Cex is double of that.. Some advise for you, just try cloud mining services with has no fee policy. Just like http://pbmining.com with prices 0.0029 btc/ghs for five years..hardware mining is useless at the moment. |
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johny08
Legendary
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August 13, 2014, 05:35:44 PM
Last edit: August 14, 2014, 10:21:21 AM by johny08 |
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Antminer s3 vs cex vs pbmining Antminer S3, it seems cheapest mining hardware in the world. BUT it is not. Assuming you will mine with this device for one year. Because after a year, hardware mines nothing because of diff rise. Lets calculate the how much it costs.. 0.68 BTC for 441 GHS. 340 watt for 441 GHS = (0.34kwh/441ghs)*0.15$/kwh*24*365/(550$/BTC) = 0.00183 btc/ghs in one year energy cost with 0.15 $ / kwh 0.68/441 = 0.00154 btc/ghs comes from order 0.00183 btc/ghs comes energy cost PSU : lets say, 75$ ----> 75$/441/550$/BTC = 0.00020 btc/ghs TOTAL COST IN ONE YEAR 0.00154 + 0.00183 + 0.00031 = 0.00368 BTC/ghs = 2.02 $ / ghs @ 550$/btc Cex is double of that.. Some advise for you, just try cloud mining services with has no fee policy. Just like http://pbmining.com with prices 0.0029 btc/ghs for five years..hardware mining is useless at the moment. ok. but cex.io charges from your income also 20% for maintance. have you calculated that too? 1 Dollar for 1 GHs sounds good to me... |
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Bitsaurus
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August 13, 2014, 06:47:57 PM |
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Antminer s3 vs cex vs pbmining Antminer S3, it seems cheapest mining hardware in the world. BUT it is not. Assuming you will mine with this device for one year. Because after a year, hardware mines nothing because of diff rise. Lets calculate the how much it costs.. 0.68 BTC for 441 GHS. 340 watt for 441 GHS = (0.34kwh/441ghs)*0.15$/kwh*24*365/(550$/BTC) = 0.00183 btc/ghs in one year energy cost with 0.15 $ / kwh 0.68/441 = 0.00154 btc/ghs comes from order 0.00183 btc/ghs comes energy cost PSU : lets say, 75$ ----> 75$/441/550$/BTC = 0.00020 btc/ghs TOTAL COST IN ONE YEAR 0.00154 + 0.00183 + 0.00031 = 0.00368 BTC/ghs = 2.02 $ / ghs @ 550$/btc Cex is double of that.. Some advise for you, just try cloud mining services with has no fee policy. Just like http://pbmining.com with prices 0.0029 btc/ghs for five years..hardware mining is useless at the moment. ok. but cex.io charges from your income also 20% for maintance. have you calculated that too? 1 Dollar for 1 GHs sounds good to me... He is shilling for PBMining which should be assumed is a ponzi unless they can prove otherwise. They will accept contracts for some time, develop huge amounts of income, and run away. The miners will be left holding the bag. Would you even know where to go to sue these guys? Nobody has even seen their facility. |
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