Post
Topic
Board Service Discussion
Re: CEX.IO
by
cafminer1
on 17/04/2014, 14:39:04 UTC
On April 16, CEX.IO on its official twitter account (https://twitter.com/cex_io) made an announcement: "CEX.IO ‏@cex_io  21h
Monthly Maintenance Cost for cloud-based GHS has been lowered to $0.26 per 1 GHS! Read more: http://blog.cex.io/?p=1616". Soon after the announcement, the linked article was removed from CEX.IO blog site, and the monthly maintenance cost per GHS is still $0.30 on the fee calculation page (https://cex.io/maintenance). Ironically total maintenance fee percentage went from 19% to 26% on the same day. Would someone with CEX.IO please explain what is going on here?

This last change from 19% to 26% is due to BTC price in the calculations. CEX was using 665, but it is now updated to current 503.

I just hope it is reviewed when BTC goes up, for this is now more than a quarter of everything mined and has resulted in more than 20% elevation from already high fees.

About electricity costs, no doubt it is time to review that as well...