Is It Worth Buying Mining Shares At CEX.IO?

Earlier this month, we published an article about buying mining shares with Poloniex, who began offering 1 gigahash cloud mining shares at a fixed price of 0.0185 Bitcoin. It was concluded that shares in Poloniex weren’t worth investing in due to the ridiculous price. But what about CEX.IO?

CEX.IO offers one distinct advantage over all of the other major exchanges such as Cryptsy or Poloniex. The mining  prices of the shares available on CEX.IO are driven and decided by the market, rather than using a fixed price that all of the other companies required. This means that cloud mining shares are significantly cheaper on CEX.IO than any of its competitors, actually making it worth investing Bitcoin into.

Doing the math, people who purchase shares through CEX.IO will see a full return on investment in as little as 90 days. This factors in the rising difficulty of Bitcoin, along with the power and maintenance fees that CEX.IO adds on (25 cents per month per gigahash). This is an incredibly quick ROI, especially considering the fact that the shares are yours to keep or sell for further profits.

While we can’t recommend buying shares with Poloniex or Cryptsy right now, we can say with absolute certainty that buying shares with CEX.IO would be a good investment. We have already done the same, and know in the long run we will make a ton of profit.

Click here to visit CEX.IO’s website.

For those that would rather learn about purchasing Bitcoin cloud mining shares through video, one is available below.

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