Quote from: ChuckBuck on February 23, 2015, 11:04:34 PM

Quote from: TalkTalk on February 23, 2015, 03:12:29 PM

Quote from: xstr8guy on February 23, 2015, 12:22:41 AM

This thread is misleading and just plain wrong!! It sounds like the posters in this thread haven't read anything regarding CEX.io in the past year.

CEX is defunct... dead... gone the way of the Dodo bird.

They shut down cloudmining about a month ago because maintenance fees were greater than mining income.

https://bitcointalk.org/index.php?topic=922513.0

Quote

Taking into consideration our users interests, the recent Bitcoin price drop, as well as the upscaling of the mining difficulty, CEX.IO Bitcoin Exchange would like to announce a temporary suspension of cloud mining services provided by the platform at the time of the next difficulty increase.

According to the 11.5. paragraph of CEX.IO Terms of Use:

Mining with using Users Gigahashes can be stopped by CEX.IO if the amount of the Maintenance Cost exceeds rewards for each mined block or if the mining is economically inexpedient.

Thereby, all GHS formerly purchased by CEX.IO users remain their absolute property, with appropriate figures reflected in users profile balance. Additionally users will be able to manually enable mining with Gigahashes by their own choice.

Suspension of CEX.IO cloud mining service is only a forced temporary measure, the result of cloud mining costs exceeding mining profit, Jeffrey Smith, Chief Information Officer of CEX.IO. Currently all cloud mining/maintenance costs are directed to the Hardware provider, hence, we are open for negotiations with additional mining hardware providers, who can offer favourable terms. And, as soon as we get an opportunity to upgrade mining hardware, or come to more efficient terms with energy suppliers, cloud mining process will be automatically resumed.

Meanwhile, CEX.IO will continue operating as full service exchange platform for trading cryptocurrencies and fiat money.

They are not dead, it's just cloud mining which is temporarily suspended. Their pool is still operational. Blockchain.info shows their pool's share is 7-9% which is quite impressive.

You mean their exchange is still operational, not their pool. CEX.io doesn't have a mining pool, but their affiliate company does.

Ghash.io is about 7% of the pool hashrate on https://blockchain.info/pools

Yes, you're correct. I consider them as one entity.