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It has been about a week already since we have discovered the new Markets CX LTC cloud mining service and have started testing it. We have decided to give it a try as it was new and interesting, so we have invested 5 Litecoins to purchase about 120 KHS worth of cloud mining hashrate at a price of 0.0410 LTC per KHS. Initially we’ve had some concerns about the service that is claiming to be using Gridseed ASIC devices to provide so attractive prices for cloud mining hashrate as compared to other services that are still using GPUs. You can check our first impressions from the MarketsCX Litecoin cloud mining service and see some of the concerns and issues that some readers that have decided to try it out as well have reported.
The good news is that a week later and the service is still here and works and today we’ve got an official reply in the comments section of the article with our initial impressions seemingly from the Support of the service. This is the reason why we’ve decided to give some updates on our experience with the Markets CX service so far and below is a quote of the post regarding some of the issues reported in the comments above:
Guys, indeed there were some technical problems a few days ago. Some user accounts with dots and uppercase characters in their E-mail addresses were affected. We have successfully solved this problem. No LTC, KHS or mining profits were lost.
It is nice that they are keeping an eye on what other people are talking about their service and taking the time to respond to users with issues that are not posted on their website, though their onsite support seems a bit slow in responding apparently. Up until today we’ve had no issues with the service so far, and today was a bit of a delay when we have requested an LTC withdraw – we did not receive a confirmation email shortly after requesting the withdraw (previously we got it in less than a minute). So we’ve sent a support ticket about the problem and have requested multiple times a withdraw to test if we are going to receive an email. A bit more than an hour later we got a confirmation email and the withdraw was completed, so we’ve closed the ticket (we got no answer, but maybe the issues was addressed). So a few more hours later we’ve requested another withdraw to see if the problem with the delay still exists. Again we did not get a confirmation email within a few minutes, but requesting the withdraw again and we got the confirm email in a moment (again just one with two requests made).
Another thing that we did not like much about the service is the rapid decline in price per KHS, we have purchased hashrate just a week ago at 0.0410 LTC per KHS and back then this was very reasonable price and now the price is 0.02442 LTC per KHS. We are not sure if this is because of users that are dumping their hashrate or by the service pushing new hashrate at a lower price, but we are not very happy that in just a week time our hashrate lost almost half of its value (a common problem with cloud hashrate services with trading exchanges). Currently there are more than 34 MHS worth of hashrate available on the exchange, so at the moment you can buy some cheap LTC mining hashrate. We do recommend caution though as this is still a new service and we still do have some concerns, so not a good idea to invest a lot of Litecoins in it for the moment. If you are interested in checking it out you can get with a few LTCs like we did, as it is probably not a good idea to invest in thousands of KHS for the moment!
– For more information about the Markets CX Litecoin cloud mining service and to try it out…
- Published in: Cloud Mining|Tests and Reviews
- Related tags: cloud miner, cloud mining, crypto cloud mining, Gridseed, gridseed asics, gridseed litecoin asics, gridseed ltc asics, litecoin cloud, litecoin cloud miner, Litecoin cloud mining, litecoin cloud mining service, LTC cloud, ltc cloud miner, LTC cloud mining, LTC cloud mining service, Markets cx, Markets cx cloud mining, Markets cx first impressions, Markets cx litecoin, Markets cx litecoin cloud mining, Markets cx LTC cloud mining, Markets cx review, Markets cx test, Marketscx, scrypt cloud mining, Scrypt cloud mining service, scrypt mining
One more week has passed from our ongoing PB Mining Bitcoin cloud mining service tests and yesterday we have received our payout. As we’ve already discussed the service is sending the payouts from the cloud mining hashrate that you have purchased every Sunday before Midnight. From what we are seeing so far the payout seems to be fixed based on the current difficulty and the hashrate you have purchased. So far we haven’t had any issues with the service, unlike many other similar services that do have problems lately, but we are still a bit wary and are not investing too much coins in hashrate.
We already have 20 GHS purchased worth of hashrate and we are probably going to be upping that hashrate some more after the next Bitcoin difficulty adjustment in about 8 days, because PB Mining is decreasing their price per GHS with every difficulty increase. And for the moment they are still offering the best price per GHS for cloud mining hashrate that starts mining for you right away. The total hashrate of the service that is being officially reported is now 64 THS. There seem to be already about 4000 people that have registered and are using the service for cloud mining and while there are still some concerns about it, things seem to be running smoothly so far. And even though we have been testing the service for more than 3 weeks already and are so far happy with the results, we do still recommend some caution and to start small and not rush in with a lot of BTC to invest in cloud mining hashrate if you do wan to test it yourself.
– For more information and to try out the PB Mining Bitcoin cloud mining service…
- Published in: Cloud Mining|Tests and Reviews
- Related tags: bitcoin cloud mining, Bitcoin cloud mining hashrate, Bitcoin mining, Bitcoin mining contracts, BTC cloud mining, BTC mining, BTC mining contracts, cex.io alternative, cloud mining, cloud mining hashrate, crypto mining contract, PB Mining, PB Mining Bitcoin cloud mining, PB Mining BTC cloud mining, PB Mining cloud mining, PB Mining first impressions, PB Mining review, PB Mining test, pbmining, pbmining break even time, pbmining first impressions, pbmining profitability, pbmining return of investment, pbmining review, pbmining roi, pbmining test
The Bit Mining service for Litecoin and Bitcoin cloud mining is kind of down yet again, not long since they had another serious issue. Last week the service was apparently been hacked, but it was brought back online and this week the people behind it were trying to fix things and get everything back to normal and about a week now and it still is not fully back to normal. And while they almost did it, now the website is not opening again, giving an error about their SSL certificate not being valid. And this has been going on for more than a day now, though we have notified the support as probably other users did so already and they are apparently looking into the problem. If you disable the certificate validity check in the browser you can apparently login on the website, however this does pose a risk for your security and you should enable the validity check for SSL certificates after that.
The Bit Mining service has been available for a while now, but apparently things are getting out of their control. We just recently started testing the service and more specifically the LTC cloud mining that has been added not so long ago, but our experience so far with the service is more than unsatisfactory. Lots of downtime, problems and things that need more polishing, and along all that the the price drop of the hashrate, making it really not worth to invest into more hashrate. In fact we do plan to sell our 100 KHS of LTC cloud mining hashrate and stop using it and we would recommend you do the same thing if you have hasrate there, and when everything is back to normal we may consider trying the service again. Investing in cloud mining hashrate there for the moment is also not recommended, not until the issues they are having are completely resolved. Issues like that are really killing the users trust in services offering cloud mining hashrate as an alternative to using hardware miners, we’ll keep you updated on how things progress.
- Published in: Cloud Mining
- Related tags: Bit Mining downtime, Bit Mining issues, Bit Mining not available, Bit Mining not working, Bit Mining problem, Bit Mining technical issues, Bit-Mining, Bit-Mining BTC cloud mining, Bit-Mining cloud mining, Bit-Mining cloud mining service, Bit-Mining LTC cloud mining, Bit-Mining review, Bit-Mining test, BTC cloud mining, cex.io alternative, cloud mining service, LTC cloud mining, scrypt cloud mining, sha-256 cloud mining, SSL certificate issue, SSL certificate problem, SSL issue, SSL problem