- Joined
- Mar 15, 2014
- Messages
- 137
- Points
- 0
Ok first @ Jon you can exchange your bitcoins for cash on a whole host of websites, it is no different to selling and buying shares really, this site has a good reputation:
https://bittylicious.com/
Onto CEX.IO they have a massive data centre, you in theory rent a little from them and they then mine on your behalf and give out equal shares that are based on the speed you are mining, for example I now have 11.5GH/s but there are people on there with 10000GH/s they will get a bigger share than I do.
But it is all free anyway so i dont care they take a small maintenance fee from every block found.
Here is an image from today's balance sheet on there, the Blue is my reward and the red is their maintenance fee, the longer the block takes to mine the more the fee but you will see there i am well up... and again and i cant stress this enough its all for free
https://bittylicious.com/
Onto CEX.IO they have a massive data centre, you in theory rent a little from them and they then mine on your behalf and give out equal shares that are based on the speed you are mining, for example I now have 11.5GH/s but there are people on there with 10000GH/s they will get a bigger share than I do.
But it is all free anyway so i dont care they take a small maintenance fee from every block found.
Here is an image from today's balance sheet on there, the Blue is my reward and the red is their maintenance fee, the longer the block takes to mine the more the fee but you will see there i am well up... and again and i cant stress this enough its all for free