Thread: Bitcoins
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Old 12-05-2013, 02:03 PM   #379
Kelekin
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Quote:
Originally Posted by Miniac View Post
If you're interested in mining why not try something like this https://www.cex.io/ its cloud mining.

My friends has about 40 GH and is making about ~$850 this mouth, half as much next month etc.
That's 13.5 GH per BTC ($1070 at time of writing). So he is effectively paying over $3000 to make $850? The other thing people forget with cex.io is that they think "oh I can re-sell it later". Yes, but it will continue to drop as a single GH becomes less valuable. In two months, cex.io GH's will likely be less than half that rate.

You're much better off with a physical miner, cex.io is comparatively not attractive.
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