Re: ***CEX.IO Bitcoin Crypto Exchange & Cloud mining official page***
Need to look through my mining transactions csv to see if it's at all worth it to be cloud mining. Otherwise, I'm loving CEX.
Cloud Mining is definitely profitable, especially when difficulty is going to drop. Once upon a time, it was profitable on CEX also. But, now all the maintenance charges eats up the profit on CEX. U might like to try cloudmining.website. Their current offer is super cexy... 0.001BTC/Ghs
What an obvious scam... I am surprised someone is still trying to con people this way
disgusting!
Read the review thread yourself before making such stupid statement => https://bitcointalk.org/index.php?topic=844310.0
Someone see if i am right on this maths 
3 th/s = 3000 gh/s * .11 cents (so sue me i rounded up i know its 10.5 cents per gh/s per month) = $330 a month in fees
At the time of this post btc is ~ $375 per btc and according to this web site: https://alloscomp.com/bitcoin/calculator
per Day 0.03743718 BTC $14.22
per Week 0.26206027 BTC $99.55 <.. (this is your payout. 3/4 of that is going to cex.io)
per Month 1.13949421 BTC $432.86 <... that's what a month is so subtract $330 - $432 = ~ $102
So buying 3 th/s on cex will net you only $102 and btw the price of btc/ghs at time of post is ~ .0015 btc = BTC4.5 meaning you would pay $1,687.50 to earn $102 a month
and Lord help you trying to reach ROI with that 102/1687 = 17 months.
So I'll let you decide is it a good time to buy cloud hashing on cex?
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PS
I know i didn't even count the difficulty increase that will even eat up the $102 profit over the next 17 months.. ((too much of a hassle)) i think i made my point .
3 th/s = 3000 gh/s * .11 cents (so sue me i rounded up i know its 10.5 cents per gh/s per month) = $330 a month in fees
At the time of this post btc is ~ $375 per btc and according to this web site: https://alloscomp.com/bitcoin/calculator
per Day 0.03743718 BTC $14.22
per Week 0.26206027 BTC $99.55 <.. (this is your payout. 3/4 of that is going to cex.io)
per Month 1.13949421 BTC $432.86 <... that's what a month is so subtract $330 - $432 = ~ $102
So buying 3 th/s on cex will net you only $102 and btw the price of btc/ghs at time of post is ~ .0015 btc = BTC4.5 meaning you would pay $1,687.50 to earn $102 a month
and Lord help you trying to reach ROI with that 102/1687 = 17 months.
So I'll let you decide is it a good time to buy cloud hashing on cex?
Icon
PS
I know i didn't even count the difficulty increase that will even eat up the $102 profit over the next 17 months.. ((too much of a hassle)) i think i made my point .
With 500 Ghs at CEX.io, someone just reported to have -ve ROI !!! Now, u decide your way...
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Can someone tell me why I got -0.010100 btc after mining for a week in cex.io? I have 500 ghs.
Can someone tell me why I got -0.010100 btc after mining for a week in cex.io? I have 500 ghs.