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.
Actually I don't think your logic is fully correct. Yes, you may make some interest based on your BTC but how sure are you if you are going to get back your full amount? GH/BTC price is decreasing pretty fast. Since the difficulty is increasingly higher, you would need the difficulty to slow down to make a tiny bit of profit. Before you know it, you would be paying maintainence fees using your profits.
