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Wesley
Newbie
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Activity: 27
Merit: 0
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July 23, 2014, 11:20:20 AM
Last edit: July 23, 2014, 12:09:56 PM by Wesley |
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I get a 404 error.  Google shows a cached version of that page, but I can't find any references elsewhere. But anyway, if this is true then I'm guessing that this is good news for CEX.IO users. I don't use them but I wonder if this will increase the value of their mining contracts? EDIT: It's back up.  |
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stryker
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July 23, 2014, 11:23:09 AM |
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I noticed GHS trading on there was trending up.... guess some people have seen the news
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BowieMan
Full Member
Offline
Activity: 154
Merit: 100
Is there life on Mars?
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July 23, 2014, 12:06:56 PM |
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Awesome, even more incentive to invest in the company that singlehandedly turns Bitcoin into a centralized coin. Thanks, CEX.IO and your right hand GHash.IO....
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PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice
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Bizmark13
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July 23, 2014, 12:14:29 PM |
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Awesome, even more incentive to invest in the company that singlehandedly turns Bitcoin into a centralized coin. Thanks, CEX.IO and your right hand GHash.IO....
Fortunately it's back down to 33 percent so it's nothing to be worried about anymore. |
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BowieMan
Full Member
Offline
Activity: 154
Merit: 100
Is there life on Mars?
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July 23, 2014, 12:15:39 PM |
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Awesome, even more incentive to invest in the company that singlehandedly turns Bitcoin into a centralized coin. Thanks, CEX.IO and your right hand GHash.IO....
Fortunately it's back down to 33 percent so it's nothing to be worried about anymore. Yeah they went down a couple of times ago. Who says it'll stay that way? Who says it isn't just variance? Who says they didn't just divert half of their hashrate to some mystery pool and actually possess 66% already? |
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PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice
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blatchcorn
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July 23, 2014, 12:17:44 PM |
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Why do they need to offer such an incentive when they dominate the market? It is like De Beers lowering the price of diamonds...
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stryker
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July 23, 2014, 12:41:48 PM |
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Actually they've been continually slagged off for the high running costs of their hosted GH/s.... guess people are getting what they asked for.
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blatchcorn
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July 23, 2014, 12:50:27 PM |
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Actually they've been continually slagged off for the high running costs of their hosted GH/s.... guess people are getting what they asked for.
So this is for good will essentially. How hard can it be to set up a competitor to GHash? |
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ranochigo
Legendary
Offline
Activity: 3038
Merit: 4420
Crypto Swap Exchange
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July 23, 2014, 12:52:45 PM |
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Why do they need to offer such an incentive when they dominate the market? It is like De Beers lowering the price of diamonds...
They probably want to have even more hashrate than before. IMO, it is a bad time to do this since miners would be encouraged to join, increasing the hashrate when they already have a huge amount of hashrates already. |
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BowieMan
Full Member
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Activity: 154
Merit: 100
Is there life on Mars?
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July 23, 2014, 12:53:56 PM |
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Actually they've been continually slagged off for the high running costs of their hosted GH/s.... guess people are getting what they asked for.
I can't believe how you can even buy hashing power there. From what I hear they're hopelessly overpriced to begin with! |
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PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice
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Lorenzo
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July 23, 2014, 12:59:09 PM |
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Actually they've been continually slagged off for the high running costs of their hosted GH/s.... guess people are getting what they asked for.
So this is for good will essentially. How hard can it be to set up a competitor to GHash? BTC Guild is the second largest pool at 24%. And there are alternatives to CEX.IO such as PBMining. But GHash.IO/CEX.IO has a strong advantage over others since the pool and the cloud mining operations are rolled into one. Plus, GHash.IO has no fees. Not quite sure about the others. |
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ranochigo
Legendary
Offline
Activity: 3038
Merit: 4420
Crypto Swap Exchange
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July 23, 2014, 01:10:13 PM |
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Actually they've been continually slagged off for the high running costs of their hosted GH/s.... guess people are getting what they asked for.
So this is for good will essentially. How hard can it be to set up a competitor to GHash? BTC Guild is the second largest pool at 24%. And there are alternatives to CEX.IO such as PBMining. But GHash.IO/CEX.IO has a strong advantage over others since the pool and the cloud mining operations are rolled into one. Plus, GHash.IO has no fees. Not quite sure about the others. P2pool also can be set up locally such that there are no fees. However, there were issues with some hardwares. Stability,support for hardwares and interface is pretty much most of the people would be concern about. |
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BigBoy89
Legendary
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Activity: 1512
Merit: 1011
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July 23, 2014, 01:20:00 PM |
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Good news  high withdrawal fee is one reason why many newly joined bitcoin user don't use their service and now they lowering maintenance fee too  are these action because many "investor" left cex.io service? but their GHS price still overpriced imo |
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hibr3d
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July 23, 2014, 01:45:35 PM |
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Is CEX.IO still profitable? Haven't used it for ages!
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ranochigo
Legendary
Offline
Activity: 3038
Merit: 4420
Crypto Swap Exchange
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July 23, 2014, 01:47:22 PM |
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Is CEX.IO still profitable? Haven't used it for ages!
No, their prices per GH IS far too high. Even without maintenance fees, it is difficulty to ROI unless difficulty stops moving. Even so, you would take a long time. |
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petersiddle98
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July 23, 2014, 02:00:52 PM |
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Good news but gh/s is still overpriced.
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sandykho47
Sr. Member
Offline
Activity: 252
Merit: 251
Knowledge its everything
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July 23, 2014, 02:07:03 PM |
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Wow, a good news for clod miner.
But, price GHs still to expensive
Still, it will take very long time to get profit form CEX.IO
I hope soon, the price become 0.003 / GHs
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Kemampuanku Tidak semua orang memiliki dan dapat melakukannya . Tidak memakan kaum sendiri . dan mempunyai kode etik yang tidak masuk akal.
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BigBoy89
Legendary
Offline
Activity: 1512
Merit: 1011
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July 23, 2014, 02:07:55 PM |
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Is CEX.IO still profitable? Haven't used it for ages!
it's not profitable since months ago better to invest your money in another place |
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stryker
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July 23, 2014, 03:54:22 PM |
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Actually they've been continually slagged off for the high running costs of their hosted GH/s.... guess people are getting what they asked for.
I can't believe how you can even buy hashing power there. From what I hear they're hopelessly overpriced to begin with! I barely have to be honest. I'm trying them having pointed my miners at their pool for this week... then noticed with my BTC balance at ghash I could buy 33 GH/s from them.... I figured why not have my btc earning "interest" while it sits there so I bough it.... Idea being I let it mine for a while then hopefully sell it at the price I bought it for or more. Why did I buy it? because there is no lock-in.... I bought... allow my balance at ghash to *work* for me then sell it when I move out. I really really wish some capable bods would fork p2pool and start working on advancing the project! I'd use it otherwise. |
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