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Author Topic: [CLOSING] GHash.IO mining pool official page  (Read 149239 times)
daddyfatsax
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October 16, 2014, 07:16:51 PM
 #681

Anyone here help a partially blind person set up a new worker on windows 7 cex.io .I am mining 500 just now with there hash but want to buy my own antminer S3 but cant set up a worker,would love someone to do it my remote

Ghash automatically sets the worker up when you point it to the pool.
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ghash.io
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October 17, 2014, 09:08:07 AM
 #682

Anyone here help a partially blind person set up a new worker on windows 7 cex.io .I am mining 500 just now with there hash but want to buy my own antminer S3 but cant set up a worker,would love someone to do it my remote

Ghash automatically sets the worker up when you point it to the pool.

daddyfatsax (Great name by the way!!!) is right, as long as you enter the correct details into your miner configuration we take care of the rest.

'You should name your workers yourusername.<WORKERID> (e.g. yourusername.worker1). Workers are added automatically, you can use any/empty password. The minimum stratum difficulty is 16. Support: webmaster@ghash.io'
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October 18, 2014, 03:03:45 PM
 #683

Are we no longer merge mining IXC?  I don't see any earnings anymore.  And when are we able to trade DVC?

Put something in my tip jar if I made your day. Smiley
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1MkmBHDjonAFXui6JEx9ZmEemfMtUo9Cmu
helipotte
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October 18, 2014, 08:24:51 PM
 #684

Are we no longer merge mining IXC?  I don't see any earnings anymore.  And when are we able to trade DVC?

IXC rewards went to zero.

https://bitcointalk.org/index.php?topic=806482.0
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October 18, 2014, 09:08:28 PM
 #685

I've been getting a lot of stales lately, has anyone had this issue? 

My miners are pointed to the US but I seem to be redirected to the uk1.  I remember someone mentioning before you can change to port so this won't happen but I can't seem to find which port that is.
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October 18, 2014, 09:13:37 PM
 #686

I've been getting a lot of stales lately, has anyone had this issue? 

My miners are pointed to the US but I seem to be redirected to the uk1.  I remember someone mentioning before you can change to port so this won't happen but I can't seem to find which port that is.

Try: stratum+tcp://us1.ghash.io:3334 Wink
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October 19, 2014, 07:25:42 AM
 #687

I've been getting a lot of stales lately, has anyone had this issue? 

My miners are pointed to the US but I seem to be redirected to the uk1.  I remember someone mentioning before you can change to port so this won't happen but I can't seem to find which port that is.

Try: stratum+tcp://us1.ghash.io:3334 Wink

Thanks, I will give a try.  How has your experience with port 3334, better?
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October 19, 2014, 01:24:58 PM
 #688

Thanks for adding the ability to delete old workers...my OCD is happy.
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October 19, 2014, 03:26:39 PM
 #689

I've been getting a lot of stales lately, has anyone had this issue? 

My miners are pointed to the US but I seem to be redirected to the uk1.  I remember someone mentioning before you can change to port so this won't happen but I can't seem to find which port that is.

Try: stratum+tcp://us1.ghash.io:3334 Wink

Thanks, I will give a try.  How has your experience with port 3334, better?

Much lower stales, and hash speeds up by a small amount (5%).  Also no more "different server every day" going on.
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October 22, 2014, 07:07:16 AM
 #690

Also its second pool some time now with discus pool to be first with 30 block difference
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October 22, 2014, 08:07:02 PM
 #691

cex is best pool right now

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October 23, 2014, 07:32:14 PM
 #692

i created an account on CEX.IO afew months ago.
AS a starter recently i managed to fund and charge my balance on GHASH.IO with Bitcoins and i'm planning to purchase Gh/s and start mining my bitcoins, the overal site is kinda complicated to me so, please can u guide me how to purchase my Gh/s cloud service and start mining my Bitcoins ?
thanks for reading my reply and thanks for ur support, quality and patient.
CEX
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October 24, 2014, 01:09:44 AM
 #693

i created an account on CEX.IO afew months ago.
AS a starter recently i managed to fund and charge my balance on GHASH.IO with Bitcoins and i'm planning to purchase Gh/s and start mining my bitcoins, the overal site is kinda complicated to me so, please can u guide me how to purchase my Gh/s cloud service and start mining my Bitcoins ?
thanks for reading my reply and thanks for ur support, quality and patient.

Hey GlassICE, Log into your account via https://cex.io This takes you to the exchange platform. Here you can buy / sell GHS or other tradeable crypto pairs / fiat.

Once you are there you can then follow the instructions from our blog on how to place an order. This link should help you out.

http://blog.cex.io/cex-io-website-tip-of-the-week-2-2/

We have a lot of 'how to' resource in the support pages and blog area which you can search on for more help.

Good luck.

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cyberpinoy
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October 24, 2014, 02:29:55 AM
 #694

i created an account on CEX.IO afew months ago.
AS a starter recently i managed to fund and charge my balance on GHASH.IO with Bitcoins and i'm planning to purchase Gh/s and start mining my bitcoins, the overal site is kinda complicated to me so, please can u guide me how to purchase my Gh/s cloud service and start mining my Bitcoins ?
thanks for reading my reply and thanks for ur support, quality and patient.

I do you one better and give you very valuable advise, Ghash.io/CEX.io is a PPLNS pool, meaning you get paix X amount on N shares, or so many shares at the end of a block, because of this purchasing GHS is useless sometimes as the reward is smaller then the fees associated with their cloud GHS. What this means is simple, they charge you maintenance fees on every single share you provide in each block but only pay you for a certain amount of shares at the end of the block. the longer it takes to solve a share the higher the fees and the lower the reward will be.

If you still do not understand I will try and break it down in numbers for you (these numbers are not exact but a representation of what they are doing to screw us over) if you processed 1,234,567 shares and it costs 0.00000001 per share in maintenance fees but it takes 2 hours to solve the block and you get paid for the last 15 minutes of submitted shares only. In that last 15 minutes you only processed 154320.875 and you got paid 0.00000002 per share on thieir PPLNS system your reward would be 0.00308641 but your fees will be 0.01234567. leaving you with a loss of 0.00925926. and this is how their system works but the numbers are not quite that high, there still is a loss and sometimes with high enough GHS it will be substantial. Basically the more GHS you own the worse off you are as far as mining for them goes.

Now in order to make a profit you need short blocks onlyso if you would work for 15 minutes and process 154320 shares you will be charged 0.00154320 in maintenance fees but your reward will be 0.00308641 giving you a profit of 0.00154320. I showed an example including 50% fees a lot of miners are saying their fees are actually higher at 62% so this really hurts us. In addition the fees do not equal the power they say the fees are paying for, they are making a profit even on the electricity they say they are charging the fees for.

You will also nbotice your GHS you buy from them does not work every single shift but rather works 2.2 times as much one shift and not at all the second shift again incurring unneccessary matinence fees on 2% of GHS you do not actually own. They have a very nice system in place for their pocket that does not always benefit our pocket.

SO all in all DO NOT get GHS from them Smiley its ok when  you have a lot of 15 minute blocks and 20 minute blocks its the 1 hour and 2 hour blocks that hurt you, 1 a day is enough to mess up your profit exponentially, and they have more than  1 a day Smiley
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October 24, 2014, 06:22:36 AM
 #695

Is anyone else getting random payments here.

I set my automatic payment threshold to pay .1 and the balance is currently at .3  They never pay me at the threshold, sometimes it takes a day after the threshold is hit before payment is done.  Is this a bug in their system?

This is not the first time, i've set and reset this the automatic payment threshold.  I've been mining with them for 2 months, so it's nothing new to me.  Just curious if anyone else is seeing this.

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October 24, 2014, 08:03:23 AM
 #696


Auto-payout is stuck again.

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October 24, 2014, 05:18:50 PM
Last edit: October 25, 2014, 05:13:34 PM by Icon
 #697

Just an FYI, when the price of BTC (as it is now) is low all you are doing on cex is mining to pay your maintenance fees, and as far as how long it takes to find a block, that's called randomness, meaning one pool can not be counted on consistent to make payouts do to how bitcoin mining works.

And for buying gh/s to hold is a complete waste of time and money, only purpose for cex is to buy low and sell high and the payouts think of that as interest cex is paying you for holding your btc.

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October 25, 2014, 01:10:29 AM
 #698

*grumbles about auto-payout still being hosed*
ebrahim payel
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October 25, 2014, 01:13:57 AM
 #699

Anyone here help a partially blind person set up a new worker on windows 7 cex.io .I am mining 500 just now with there hash but want to buy my own antminer S3 but cant set up a worker,would love someone to do it my remote

Ghash automatically sets the worker up when you point it to the pool.
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October 25, 2014, 12:30:09 PM
 #700

i created an account on CEX.IO afew months ago.
AS a starter recently i managed to fund and charge my balance on GHASH.IO with Bitcoins and i'm planning to purchase Gh/s and start mining my bitcoins, the overal site is kinda complicated to me so, please can u guide me how to purchase my Gh/s cloud service and start mining my Bitcoins ?
thanks for reading my reply and thanks for ur support, quality and patient.

I do you one better and give you very valuable advise, Ghash.io/CEX.io is a PPLNS pool, meaning you get paix X amount on N shares, or so many shares at the end of a block, because of this purchasing GHS is useless sometimes as the reward is smaller then the fees associated with their cloud GHS. What this means is simple, they charge you maintenance fees on every single share you provide in each block but only pay you for a certain amount of shares at the end of the block. the longer it takes to solve a share the higher the fees and the lower the reward will be.

If you still do not understand I will try and break it down in numbers for you (these numbers are not exact but a representation of what they are doing to screw us over) if you processed 1,234,567 shares and it costs 0.00000001 per share in maintenance fees but it takes 2 hours to solve the block and you get paid for the last 15 minutes of submitted shares only. In that last 15 minutes you only processed 154320.875 and you got paid 0.00000002 per share on thieir PPLNS system your reward would be 0.00308641 but your fees will be 0.01234567. leaving you with a loss of 0.00925926. and this is how their system works but the numbers are not quite that high, there still is a loss and sometimes with high enough GHS it will be substantial. Basically the more GHS you own the worse off you are as far as mining for them goes.

Now in order to make a profit you need short blocks onlyso if you would work for 15 minutes and process 154320 shares you will be charged 0.00154320 in maintenance fees but your reward will be 0.00308641 giving you a profit of 0.00154320. I showed an example including 50% fees a lot of miners are saying their fees are actually higher at 62% so this really hurts us. In addition the fees do not equal the power they say the fees are paying for, they are making a profit even on the electricity they say they are charging the fees for.

You will also nbotice your GHS you buy from them does not work every single shift but rather works 2.2 times as much one shift and not at all the second shift again incurring unneccessary matinence fees on 2% of GHS you do not actually own. They have a very nice system in place for their pocket that does not always benefit our pocket.

SO all in all DO NOT get GHS from them Smiley its ok when  you have a lot of 15 minute blocks and 20 minute blocks its the 1 hour and 2 hour blocks that hurt you, 1 a day is enough to mess up your profit exponentially, and they have more than  1 a day Smiley
Im hearing you, Ive had my own mining gear with these assholes for a while and it wasn't too bad, but recently ive gone to just buying hosted GHs and they are blatantly ripping off the customers.

I tested with 100GHs bought through CEX and my balance went negative each time a block was solved. Sorry, I just don't understand how a percentage of maintenance can cost more than the mining power bought. I emailed their so called support and they tried to explain the PPLNS system as above, but ive never known any pool that takes from you until you've made up enough credits so to speak. The negative fees kept going for well over the 12 hours of so called complete shifts just in case anyone was wondering.

Ive just moved my small amount of BTC out of CEX for good and would suggest anyone else that is using the pool with the intention of actually earning any profits does the same. If you just want to buy low and sell high without ever even worrying about the mining return, then its probably not too bad, but im sure there are other sites that you can buy GHs from that don't blatantly rip you off out there.

Anyway, im off to find a much more honest site.

Good luck to you all.
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