Kakmakr (OP)
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October 08, 2014, 12:43:15 PM |
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I have some coins to experiment on Cloud mining.
I know everyone is saying, cloud mining is a waste of good money, but I want to try it out as a experiment and to increase my knowledge on this part of bitcoins.
I do not want to invest in PBmining, because they seem to be a Ponzi
Is buying Hashlets at GAW better than buying GHs from CEX/Ghash?
Both of these are cloud mining right?
Your objective opinion would be appreciated, if you previously invested in both operations.
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schutzhund
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October 08, 2014, 12:48:12 PM |
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Cloud mining in general is bad because of the near impossibility of gaining a profit but sure if you just wana test out i say go with cex.io
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Kakmakr (OP)
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October 08, 2014, 01:30:36 PM |
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+1 post towards your 50 posts for PBmining signature campaign. Your post says nothing, it just bumps your post count. Please give constructive posts with valued inputs.
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Zawamiya
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October 08, 2014, 01:31:36 PM |
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I have some coins to experiment on Cloud mining.
I know everyone is saying, cloud mining is a waste of good money, but I want to try it out as a experiment and to increase my knowledge on this part of bitcoins.
I do not want to invest in PBmining, because they seem to be a Ponzi
Is buying Hashlets at GAW better than buying GHs from CEX/Ghash?
Both of these are cloud mining right?
Your objective opinion would be appreciated, if you previously invested in both operations.
Well, hashlets seems to be way better compare to cex but both is unprofitable..
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Kakmakr (OP)
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October 08, 2014, 01:41:40 PM |
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Let's forget for one moment about ROI and focus on what the two operations offer.
GAW has no pool fees, but is this applicable to the cloud mining, when I buy Hashlets?
CEX/Ghash has high maintenance fees, but have trading options.
If you say, one of the options are better, please substantiate, why you are saying that. ^smile^
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bitgeek
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October 08, 2014, 02:23:49 PM |
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Yes there are no pool fees when mining with Hashlets and the cost of running goes down as difficulty rises. GAW also allows you to trade. They have a very basic marketplace for now, but I heard they are planning to improve it.
CEX is only profitable if you're trading, their mining prices are probably the highest on the market.
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jonnybravo0311
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October 08, 2014, 02:47:09 PM |
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Well, let's compare apples to apples.
GAW charges $8.95 (current conversion of $340 per BTC makes this 0.0263BTC) for a 10GH/s Genesis Hashlet. CEX.io charges 0.00266BTC per GH/s, so the same 10GH/s will cost you 0.0266BTC.
Advantage GAW (at current rates). CEX.io could take the advantage if the conversion rates go down or price per GH/s goes down.
GAW has a $0.01 per 5GH/s per day maintenance fee, so $0.02 per day for our 10GH/s. CEX.io has a $0.105 per GH/s per month fee, so $0.03 per day for the 10GH/s.
Advantage GAW.
GAW allows you to switch pools with your Genesis (between BTCGuild, NiceHash and MultiPool). CEX.io mines on GHash.io.
Advantage GAW.
GAW will buy back your Genesis for 80% of what you paid. CEX.io allows you to sell any or all of your GH/s at current market price.
Advantage CEX.io unless the price of GH/s drops over 20% from when you purchased it, then advantage back to GAW.
GAW gives you HashPoints, which can be used towards Hashlet purchases, or to use add-on features (not currently available for Genesis, only for Primes). Further, GAW allows you to setup an auto-purchase that gives you 5% off purchases. CEX.io has nothing of the sort.
Advantage GAW.
Because of the different pools and different rates each of those pools pays, GAW requires you to constantly monitor your Genesis to ensure you've got the best pool chosen. CEX.io only has a single pool, so no need to babysit it.
Advantage CEX.io
GAW offers multiple different kinds of Hashlets, corresponding to different pools (ZenPool, MultiPool, WafflePool, etc) and each of those Hashlets is offered at a different price point. Further, the Prime allows you to switch between any of the aforementioned pools. CEX.io only offers BTC cloud mining.
Advantage GAW
GAW makes all payouts to your account in BTC regardless of which Hashlet your choose. CEX.io only allows BTC cloud mining, so all payouts are BTC.
Tie
GAW has a marketplace where you can buy/sell Hashlets. CEX.io has a marketplace where you can buy/sell GH/s.
Tie
GAW does not have an exchange. CEX.io has an exchange, so you can trade your DRK, LTC, DOGE, whatever.
Advantage CEX.io
I'll let the OP draw his own conclusions from the above comparison between the two.
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Jonny's Pool - Mine with us and help us grow! Support a pool that supports Bitcoin, not a hardware manufacturer's pockets! No SPV cheats. No empty blocks.
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pumawolf
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October 09, 2014, 01:31:25 AM |
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do not buy and hold at cex, do that some where else, theres a very very high probability u will regret that choice. dont even think that ur gonna be one of the early dumpers and escape the loss. it happens very fast. trade at cex if u got the skills ,its not for everyone.but dont do any hodling there ,unless u have a near perfect strategy.
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Kakmakr (OP)
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October 09, 2014, 05:47:22 AM |
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I must say, I am impressed with jonnybravo0311 detailed reply. Thank you very much.
Also a thanks to the other replies, it was much better than the first one.
A follow up question: Based on the info here, I have decided to go with GAW. Only thing is, I am not sure what Hashlets would be the best investment.
Any advice?
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Unacceptable
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October 09, 2014, 05:58:41 AM |
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If you get any GAW hashlets,get the Zens,much better than sha 256 or waffle,nice or any other.Primes are ok,but way overpriced IMO My Zens will ROI in about another 4 weeks,15mh bought 1.5 months ago Read this review,it's pretty detailed & has been going on for quite awhile: https://bitcointalk.org/index.php?topic=768281.160
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"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole." -Raylan Givens Got GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan
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dablioraja
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October 09, 2014, 11:49:33 AM |
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As far as i understand it is possible that this is a very fast node connected to many other nodes.
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Collider
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October 09, 2014, 12:01:49 PM |
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GAW is also a highly ethical company in my opinion, so from that standpoint I would also prefer dealing with them.
They always take their customers advice seriously and are hoping to massively improve the hosted /cloudmining market.
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jonnybravo0311
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October 09, 2014, 12:20:54 PM |
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I must say, I am impressed with jonnybravo0311 detailed reply. Thank you very much.
Also a thanks to the other replies, it was much better than the first one.
A follow up question: Based on the info here, I have decided to go with GAW. Only thing is, I am not sure what Hashlets would be the best investment.
Any advice?
I agree with Unacceptable's advice here to go with the Zen. The Primes are way over-priced for the "extras" they offer. The Genesis (SHA-256) Primes are not terrible, but payout-wise are edged by the Zens.
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Jonny's Pool - Mine with us and help us grow! Support a pool that supports Bitcoin, not a hardware manufacturer's pockets! No SPV cheats. No empty blocks.
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Collider
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October 09, 2014, 12:34:54 PM |
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Zen hashlets traditionally offer the best chance of ROI for any Scrypt hosted miners on Zenminers.
They are also the most effective hashlets in terms of percentage of power costs.
The genesis hashlets are also quite a good option if you want to do bitcoin cloud mining.
All hashlets will probably get additional features soon, but as GAW has seen a massive increase in customers and demand, they have decided to first do some backend optimisation before releasing new features.
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cma3
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October 12, 2014, 01:02:30 AM |
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The general consensus @ GAW (full disclosure i am a customer and holder of zens, primes and gens) is that for the short term: go with Zens. For long term, due too features (both present and future) go with primes.
Lurk on hashtalk and see for yourself. Everyone is pretty open about what they do and why they do it.
I cannot speak on cex. I've never used them.
Good luck.
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Kimowa
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October 12, 2014, 01:19:23 AM |
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I have some coins to experiment on Cloud mining.
I know everyone is saying, cloud mining is a waste of good money, but I want to try it out as a experiment and to increase my knowledge on this part of bitcoins.
I do not want to invest in PBmining, because they seem to be a Ponzi
Is buying Hashlets at GAW better than buying GHs from CEX/Ghash?
Both of these are cloud mining right?
Your objective opinion would be appreciated, if you previously invested in both operations.
If you want to experiment, you should buy the real asic like usb erupter. Cloud mining won't let you understand much..
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bitkate
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October 12, 2014, 09:33:27 AM |
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who the best gaw or cex?? and how about fee ??
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Morguk
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October 12, 2014, 09:36:03 AM |
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If you're looking at SHA mining, don't even bother. But cloud scrypt mining is doing great!
I've got a couple of hashlets and I'm heading quickly towards ROI.
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Calculate the chance of hitting a bitcoin block when solo mining at
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IanFoxley
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October 12, 2014, 09:55:57 AM |
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Hi. If you want, take a look at my daily videos I am doing on Youtube at the moment or keep an eye on the thread I have linked to, as I tend to post the daily payouts there. https://bitcointalk.org/index.php?topic=768281.msg9165054#msg9165054I have purchased SHA256 contracts with Genesis Mining and GAW Miners. My contract with Genesis Mining was 10 GH/s and my Genesis Hashlet was 10 GH/s but then was upgraded by free to 15 GH/s I post my payouts daily so you can see what the payouts I am getting are like, so you can at least get an idea about daily payouts at the moment. Thanks Ian
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monetizator4
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October 12, 2014, 10:09:07 AM Last edit: October 12, 2014, 07:30:56 PM by monetizator4 |
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I´m disappointed in cloud mining. But I still use cex.io as online wallet for Doge, LTC, DRK, etc. CEX doesn't have lower limits for deposit, so I just use it for withdrawing coins from different faucets.
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