Herbert2020 (OP)
Legendary
 Offline
Activity: 1946
Merit: 1137
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December 12, 2014, 05:58:36 AM |
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i've been using CEX.IO for some time now but all for trading! even trading GHS but i wanted to know if it is profitable to buy GHS and let it mine.
i would be so thankful if you share your own experience with me like how much GHS did you buy and how much did it mine for you
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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ikydesu
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December 12, 2014, 06:22:13 AM |
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No, i think not profitable to mining there, because fees is too much.
for now, only trading GHS is worth.
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Herbert2020 (OP)
Legendary
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Activity: 1946
Merit: 1137
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December 12, 2014, 06:32:36 AM |
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No, i think not profitable to mining there, because fees is too much.
for now, only trading GHS is worth.
what fees? do you mean maintenance fee or trading fee? |
Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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ikydesu
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December 12, 2014, 07:40:30 AM |
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No, i think not profitable to mining there, because fees is too much.
for now, only trading GHS is worth.
what fees? do you mean maintenance fee or trading fee? I mean maintenance fee  i heard about they will re-built their miner and will decrease maintenance fee, but i don't know when they will implementation. |
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newIndia
Legendary
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Activity: 2226
Merit: 1052
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December 12, 2014, 09:03:43 AM |
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i've been using CEX.IO for some time now but all for trading! even trading GHS but i wanted to know if it is profitable to buy GHS and let it mine.
i would be so thankful if you share your own experience with me like how much GHS did you buy and how much did it mine for you
There are now better options out there than CEX in cloud mining world. Try them... |
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Amph
Legendary
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Activity: 3248
Merit: 1070
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December 12, 2014, 09:12:51 AM |
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not worth it, you will end up losing money or gaining very few cent, useless
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goosoodude
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December 12, 2014, 10:26:17 AM |
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cex.io is legitimate, unlike several of the other mining companines which may be risky. It is also one of those where you are bound to lose money so no reason to invest in.
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Kevin77
Legendary
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Activity: 1652
Merit: 1057
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December 12, 2014, 10:28:33 AM |
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The maintenance fee is indeed very big....
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goosoodude
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December 12, 2014, 10:29:39 AM |
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The maintenance fee is indeed very big....
Mining is never profitable for the end customers. |
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TalkTalk
Newbie
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Activity: 38
Merit: 0
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December 12, 2014, 10:45:26 AM |
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I've used them for mining, but now I trade there. Works well for me.
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lihuajkl
Legendary
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Activity: 1596
Merit: 1000
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December 12, 2014, 10:47:41 AM |
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i've been using CEX.IO for some time now but all for trading! even trading GHS but i wanted to know if it is profitable to buy GHS and let it mine.
i would be so thankful if you share your own experience with me like how much GHS did you buy and how much did it mine for you
There are now better options out there than CEX in cloud mining world. Try them... There are many cloud mining companies coming out suddenly this year! I think the operators earn a lot from selling this mining contracts. |
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sifter
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December 12, 2014, 10:57:53 AM |
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If you're going to be using cex just for mining I wouldn't recommend it.
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zmiley
Newbie
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Activity: 28
Merit: 0
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December 12, 2014, 11:32:06 AM
Last edit: December 12, 2014, 11:52:53 AM by zmiley |
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So basically what they are selling is close to worthless but trading it to unsuspecting victims is profitable, sounds very legit indeed  |
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pooya87
Legendary
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Activity: 3668
Merit: 11103
Crypto Swap Exchange
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December 12, 2014, 12:53:15 PM |
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i tried mining at CEX.IO recently. i bout GHS when the price went down but the maintanace fee was more than what i would earn from it so i sold it at higher price for GHS which at least i got some profit out of it
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MS.drawing
Newbie
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Activity: 42
Merit: 0
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December 12, 2014, 01:52:34 PM |
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i looked about cloud mining and CEX.IO too .... its strange to see the price falling on CEX.IO after a buy ... or not really strange ^^
After few calculations if i invest 1 btc on CEX.IO i will get back my btc after 3000 days .... so no thanks !
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avw1982
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December 12, 2014, 02:07:54 PM |
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I'm using Hashprofit and the ROI isn't there 3000 days. ;-) You could also try it for free for a week.
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maniacmusic
Jr. Member
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Activity: 80
Merit: 2
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December 12, 2014, 08:58:27 PM |
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I'm using Hashprofit and the ROI isn't there 3000 days. ;-) You could also try it for free for a week.
Are you kidding?? I was looking at the hashprofit too, but the prices are mad high... 0.97199 BTC for 1Mh/s (1000Kh/s)?? that's insane.. It's the highest i've seen on the cloud mining market |
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Wusolini
Legendary
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Activity: 1190
Merit: 1000
no need to carry heavy money bags anymore
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December 12, 2014, 09:37:24 PM |
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only for mining is not a good idea. But if you have skills and luck you can made profit by trading Ghs and other currencies..
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avw1982
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December 12, 2014, 09:53:43 PM |
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I'm using Hashprofit and the ROI isn't there 3000 days. ;-) You could also try it for free for a week.
Are you kidding?? I was looking at the hashprofit too, but the prices are mad high... 0.97199 BTC for 1Mh/s (1000Kh/s)?? that's insane.. It's the highest i've seen on the cloud mining market They arent mining Bitcoin so you can't compare the hashrate. I have 1409 khs and got 0,01 btc a day. |
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wadili89
Legendary
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Activity: 1106
Merit: 1000
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December 12, 2014, 10:41:15 PM |
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cex.io is one of the few which are proven to be reliable. That is not so useful as their maintenance costs are high and likely will never turn a profit.
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