CEX.io Adding LTC Mining to their Pool, LTC Cloud Mining Coming?

11 Mar
2014

ghash-io-ltc-mining-pool

It seems that the CEX.io cloud mining service for Bitcoin has added support for Litecoin (LTC) mining in their pool Ghash.io and this could also be a sign that the service might also plan on introducing Litecoin cloud mining soon. The LTC mining pool is with a mining fee of 0% just like the fee for the Bitcoin mining pool.

Stratum Server: ltc.ghash.io:3333. Please use -scrypt -o stratum+tcp://ltc.ghash.io:3333 in your command line. You should name your workers username. (e.g. username.worker1). Workers are added automatically, you can use any/empty password.

For the moment there is no official information about the addition of LTC mining pool or any future plans for adding LTC cloud mining capabilities, but we suspect that this is something that might soon happen…

Update: More alternative crypto pools are appearing on Ghash.io, aside from LTC there is now DOGE, AUR and FTC. Though unlike with LTC there is nothing yet in the CEX account balance for other new crypto coins, so it is a bit unclear how you will be getting the coins if you start mining them now.

– For more information about the Ghash.io mining pool and to try the LTC mining functionality…

Bitmain Selling the 180 GHS Antiminer S1 BTC ASIC for less than 1 BTC

11 Mar
2014

bitmaintech-antminer-s1-asic

The Chinese company Bitmain has shown to all other competitors in the field of Bitcoin ASICs how they should do their business successfully and keep all of the clients happy and coming back. The company is still shipping very fast 180 GHS ASIC devices that are on stock and with a price getting lower and lower over time. Currently you can purchase a single 180 GHS Antiminer S1 ASIC that easily overclocks to 200 GHS for 0.998 BTC and the price even includes express shipping. Really unbeatable price for something that will arrive on your door in about a week from China and you will be able to start mining with it. We are already eager to see the company come up with the next generation of ASIC chips using 28 nm technology and offering higher performance with even better performance per watt of power consumed.

– For more information about the Bitmain 180 GHS Antiminer S1 Bitcoin ASIC miners….

Cryptotrader Cloud Trading Service Adds Strategy Market Feature

11 Mar
2014

cryptotrader-org-homepage

We have covered the Cryptotrader automated cloud based trading platform a while ago in our short review. An now the service has added a new interesting feature that we believe to be very important for people that are not very experienced in trading and writing trading bots – the group of people that are probably most interested inautomating trading, but are not going to feel at home using Cryptotrader due to the more professional orientation of the service.

cryptotrader-strategy-market-new-feature

It seems that the service has added a new feature called Strategy Market where you can essentially “rent” a trading bot written by another user or sell your good trading strategy if you can program one yourself. Algorithm authors can list their algorithms in the Strategy Market as either a Free or Paid Strategy. Free strategies may have protected source code or not depending on author’s preference and the source code of paid strategies is never revealed, though apparently an option to buy the source as well is being worked on. Currently there seem to be about 20 paid strategies already with just a few free ones also available for you to try. This new feature can actually make the Cryptotrader automated cloud based trading platform more appealing to new users that are looking for an easy and automated solution to trade at Bitstamp, BTC-E or CEX.io exchanges without having to write their own automated bot.

Note that paid strategies are not going to guarantee you profit, but since they are going through an approval process at least you should be expecting to get a decent trading strategy that does not come with a high risk of loosing. Nevertheless you should also be careful with paid strategies as most of them do not come cheap and though they would probably cover the cost by making you some profit, again there is no guarantee that they will ensure you profit, so be careful with them as well!

– For more information and to try out the Cryptotrader automated trading service yourself…

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