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Author Topic: BDD.MINE vs GHash.io  (Read 423 times)
jjdub7
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May 29, 2014, 06:44:12 AM
 #1

Hi guys, just wanted to stop by in this thread to let you know about a Derivative product I run called BDD - the Bitcoin Difficulty Derivative.

One of its components, B.MINE, acts as a 5GH/s miner and makes daily payouts based on about what a 5GH/s miner would mine in a day. You can trade it just like a stock on the exchange, just like CEX.io. However, there are no other fees because the shares are backed by formula, not actual hardware. This means no variance and no electricity bills  Smiley

Currently, CEX.io runs at about .0094 BTC for 1GH/s; B.MINE runs at about .00572 BTC per GH/s (about 40% cheaper per GH/s!) - B.MINE is sold in 5GH/s shares, however.

I've never really mentioned or 'promoted' B.MINE outside of the Securities subforum, partially because it's part of a larger set of Securities that are all linked together. B.SELL, which is B.MINE's counterpart, actually allows people to bet that B.MINE is overvalued on the market. I highly recommend reading up on BDD if you do consider purchasing any shares, as there are some key differences between BDD and CEX.io.

So, thanks for reading - if you have any questions please feel free to stop by the BDD Thread or shoot me a PM.

Happy trading-

In case newbs are thinking of getting into the mining business - check out BDD on Havelock instead.  Especially with CEX.io constantly pushing the 51% mark...

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EMPHY
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C.Steven
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May 29, 2014, 09:47:10 AM
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The figures are out of date since it is made in Apr.
Current hashrate price on cex is 0.0070 per GH/s and current price for B.MINE is 0.0301 (0.00602 per GH/s)
Maintenance fee on cex is $0.26 per month per GH/s while there is no cost for B.MINE (as there is no actual mining going on)

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