The benefits of cloud hashing with CEX.IO are many; no need to buy, set up and configure a Bitcoin ASIC miner, worry about power consumption, connectivity issues, or noise and heat from the hardware. CEX.IO takes care of all of the details so users can get what they really want; the ability to purchase as much hashing power as they can afford and start mining some Bitcoin with the ASICs in CEX.IO’s datacenter.
Beyond the Bitcoin mining revenue which purchased cloud hashing shares generate – users also receive Devcoin, Namecoin and IXCoin for free into their accounts. These coins are merge mined with Bitcoin and so in essence are “free coins”. Namecoin can be traded for Bitcoin at CEX.IO, and all three of these established digital currencies can be traded on many other cryptocurrency exchanges online.
The CEX.IO cloud hashing platform also offers an open exchange where users buy and sell their ASIC mining shares; the price is dictated by the open market on the CEX.IO exchange. As well as the mining shares themselves, users can also trade Bitcoin and Namecoin; with plans being made to add IXCoin and Devcoin trading as soon as possible. All hash-rates on the Bitcoin cloud mining platform are guaranteed, and customers always have the option to sell their mining equipment at market price if need be.
With their Bitcoin ASIC mining hash-rate guarantee, the included merge mined coins, the integrated Bitcoin exchange, and the professionalism of the platform – CEX.IO may well be one of the most promising Bitcoin startups to emerge in the last few months. Perhaps, CEX.IO say it best “We advise you to become a member of the CEX.IO exchange platform as soon as possible”.
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