CEX.IO and its partners have found an effective solution for people who want to join the Bitcoin mining community with their own mining - GHS, and be protected against those issues. We can guarantee a stable and profitable 24/7 uptime and output that you purchased on our exchange. But how do we do it? It’s easy - our partners authorized us to sell their facilities for their market price at our exchange.
You might ask why don’t we and our partners start mining bitcoins ourselves? The answer is simple and is partly explained in the definition of the Commodity Exchange term: “Commodity Exchange - permanent wholesale market of perfect competition, which according to certain rules, transactions of purchase and sale of a qualitatively homogeneous and easily interchangeable products” and hedge has been one of the most important functions of the exchange for the last 100 years.
(45 user ratings) 4 out of 5 stars
ZedBias (10) - 2016-01-06 07:27:50
AVOID THIS COMPANY
While the site looks great, and it has some nice functionality, their verification process is an absolute joke! I’ve been trying for 3 days to withdraw my funds, and so far I’ve been unable to.
To withdraw, you have to supply: Photo ID, a picture of you holding the ID (odd, but OK), and a recent bill/bank statement. This in its self is a lot of information. Naturally I blanked out sensitive information, statement transactions, driver license numbers, issue and expire dates, and left the key information, IE. Name and address.
For CEX.IO this isn’t good enough, apparently according to their support staff they need “unedited” documents with no information blanked out. Who sends an unedited Bank Statement?
As other reviews have mentioned, use another company that don’t have these restrictions in place.
DaReaper (1290) - 2015-03-08 00:32:56
They used to be one of the largest cloud mining websites for Bitcoins ,but later had to shut the cloud mining services down due to heavy losses. Their cloud mining was never profitable. Now they act as an exchange.
Wasabi (85) - 2014-12-22 01:34:57
I love the fact you can buy and sell GHS (which auto-mines BTC as you’re holding it). That and a bit of trading makes it a nice site to produce a little income.
Moqthar1 (15920) - 2014-11-09 01:22:37
Cex.io is nice and i like it. reason? We can buy hashes and can sell them anytime we want. Get the profit and again get the investment selling those hashes.
RcX (10) - 2014-09-28 22:18:57
t is really good. I like it. At current rate, i make about 0.75 cents per day per ghs. I like it
Cloud mining is good and great site if you can't mine by yourself
Rishi556 (2305) - 2014-08-28 15:06:58
It is really good. I like it. At current rate, i make about 0.75 cents per day per ghs. I like it and it also has a trading prat that is nice and worth it.
jacwib (70) - 2014-08-03 00:57:29
It looks good and everything but you will NEVER. EVER. get back what you paid.
But if you really wanna use cex.io atleast you get more than bitcoins! And apparently, they are "soon" adding scrypt currencys!
zeestarzone (60) - 2014-07-18 10:33:20
Cloud mining is good and great site if you can't mine by yourself . But no one really does that now how to mining there is difficulty ; the difficulty has increased quite a lot. Unless you wish to trade on there.This is one of the greatest cloud mining and trading center and the site has high security and privacy .
Zombie23 (20) - 2014-07-14 19:51:42
This site is great for people like me who cannot mine by themselves. You can buy mining shares on the cheap and sell them later. The worst part though is they charge for maintenance. Still a great site, I haven't earned anything here because shares were worth more than when I bought them, but i expect that to change soon.
Scythe (950) - 2014-07-14 08:47:09
Cloud mining is good if you can't mine by yourself. But no one really does that now; the difficulty has increased quite a lot. Unless you wish to trade commodities on there, I wouldn't spend money on mining there.