Re: ***CEX.IO Cloud mining official page***

Any one know whats the new TOS coming and how come the Ghz price went down so much ?

If you log in in your cex.io account you will se in the upper part of the screen that the tos will be effective on 4th feb.

For price down, i'm expecting it, during the previous difficulty jump of 13 Jan the price hasn't done a retarget, so probably someone with huge power or new power injection directly from cex mantained the price higher, now probably this has stopped and the price has to recover two difficulty jumps so is going down....

(This is my opinion, no proofs about that).

Cheers.

wasnt it already have tos ? it say some change in tos and whats tat ?

You will have to verify yourself with Utility bill and ID Docs

The way I see it, those requirements only apply if you want to trade fiat on CEX. They must be gearing up for fiat trading:

Quote

KYC verification will be required for all transactions, which involve the exchange of fiat currency on the CEX.IO platform.

In order to access this option you will be required to submit:

(govt ID card, proof of residency, etc)