Post
Topic
Board Service Discussion
Re: CEX.io Halts Cloud Mining Service Due to Low Bitcoin Price
by
opossum
on 15/01/2015, 10:11:25 UTC
If they wait until bitcoin price reach $320, they could halts their service for a long time
It's better they to get a new hardware like UMISOO / antminer S4 / something better
Well the reason they are waiting is that it will cost more in electricity to run the miners then they would mine. This would result in a negative EV for mining which does not make sense to do.