go ahead and figure the odds, we will wait, (ill save you a step, its not impossible and not that unlikely).

As pointed out, every block found on a PACMiC contract pays the full amount that 1 TH/s of hashing speed would have generated on Antpool.  There is no electricity or maintenance fees taken out which is why first you calculate how quickly .666 btc will be paid back with 1 TH/s of hash with no electricity fee.  Then compare that to how long the S5 will remain profitable.

Great, with my reputation there is no need for escrow.  You will be sending first and you will promptly receive the bitcoin as soon as the machines arrive and are verified to be working (you should send priority for quickest payment times).

Please PM me and I will get you my details to mail to.  This should end this offer because there is no way anyone will send you a dime first and in fact I will be negging your account if you don't accept this deal because it is a clear scam attempt otherwise.

That spreadsheet doesn't care about electricity price.  All it does it figure out how long it will take to pay back .666 btc with 1 TH/s of mining power based on how many blocks Antpool should be finding per day.

As of right now, it will take roughly 80 days to pay back .666 btc on a PACMiC contract with a 5% difficulty increase.
A S5 will become unprofitable after roughly 120 days.

That is a 40 day difference, for me that is under the 50 day difference I try to keep it over and as such, I usually turn off the auto rebuy at this point.  But, I think the price will rebound and the difficulty adjustments will be low for another 2 or 3 rounds before we see some bigger growth, so I will leave my auto rebuy on for now.

How do you figure your 40% cut is fair?  You have free power and besides initial setup (5 minutes tops), they should need no other support.  Meanwhile, the risk of you stealing my miners, them crapping out, difficulty increases, price drops, etc... are all on me.

You also don't specify what conditions they will be kept in, return policies (if I want them back do I pay shipping, if you move do you pay shipping, etc...)

Basically, 10% is more than fair for this type of service.  40% is absolutely ridiculous.

I can do this for you over multiple deals if we go through Western Union.  My rate is 4% over spot price.  WU should be the exact same for you, just withdraw the cash and send it.  Also I am very highly trusted so we can cut out escrow fees, which will make it cheaper for you overall.

You might want to say 2x the value of the bills on the black market, that way there isn't any confusion about which exchange rate your talking about.

That is a sweet collection of Zimbabwe dollars.  Did someone sell them to you on here?  If your interested and have a minute could you PM how much you paid?

I was trying to buy a bunch of stacks of Venezuelan bolivar on the topic where that picture was taken.  If I end up ever finding a seller I will point them your way as well and as that you would do the same.

Thanks Buddy

DebitMe 3.9 13KF2SwoTRsM8xJ95MNjQorkhUfztdip6E

Yes, all the profit that you earned from each block mined gets added to your principal amount, then the next block takes the amount of profit you earn times the outstanding principal amount, which is now higher than .666.  Basically you are compounding your profits.

If your going to scam, at least make it believable.  Your not fooling anyone as the technology to make a chip that fast with that low of power consumption has not been achieved yet and will not for a long time.

Yes, when you are selling hashpower and the hash is in a sell order on the market it is still considered yours until sold and you will receive and payouts/maintenance fees.

your auto rebuy is turned off (even though it still says "on") and the money that would be going towards buying more hashpower is now going into your wallet.  You should start to see that the contracts, "Paid Back" amount is increasing, as is the coins in your wallet.

Well if you would rather work on a progressive video poker website let me know. lol.  GL with your recovery.

What is considered a small coding job?  I would like a classical looking video poker website that accepts bitcoin

sweet sweet, glad you liked my idea.  I ordered from Grix on the forums here through his shop.  He has a lot of high quality products and a good range of products.

Love my laser from him.  They are a ton of fun to play with and I use it as security if anyone were to try and break into my apartment.  Have fun with whatever you decide to order.

Anyone live there and want to sell these bills and make some money?  I am willing to pay over the black market exchange rate for a couple stacks of these bills if someone is willing to pack them up and ship them to the U.S.

It is most certainly not temporary.
Contract Suspension

If after 120 days, a PACMiC has still not recovered the initial capital for its user, and is not mining enough revenue to pay for its own electricity cost (fixed at 0.098 USD per kWh, calculated using an ideal AntMiner S5 hashing at 100% uptime per PPS payout), whether because of difficulty increase or BTC price decrease, the PACMiC will continue paying out for ten days as though it were running, even if the machine is turned off. If these conditions persist for ten continuous days, the contract will be considered temporarily suspended. During the suspension period, mining revenues and profit payments will also be temporarily stopped. If after the suspension period, difficulty has dropped or bitcoin price has risen, making mining possible again, the contract will be reinstated and pick up where it left off.

The above is from their ToS and it clearly states that you can lose whatever remaining balance is left to be paid back if conditions are bad.

Look 2 posts up, go to the calculator, and type in different numbers based off of different scenarios.  It will tell you exactly when the contract will end based on whatever inputs you give it.

The way you are describing it is correct.  Your profit is being added onto what is owed back to you and your payouts are being used to purchase more hashing power.  Once the auto rebuy is turned off or they run out of PACMiC  contracts, then you will start to get paid back.

The auto rebuy will be turned off if you turn it off or if they run out of contracts.

The contract will end when you are paid back or if it costs more in electricity to run the units than they make.  You can go to
https://bitcoinwisdom.com/bitcoin/calculator
to calculate when that might be.  I usually put in 5% increase to be conservative, electricity price of .098, pool fee of 0, 1000 GH/s, hardware price of 0, and power of 590.

As of right now, with those inputs, a S5 will become unprofitable in about 138 days.  If you change the power usage to 0, it shows that .666 bitcoin will be paid back in about 80 days.  That leaves almost 60 days for autorebuy to be left on (which will of course change some factors as your speed will be higher but so will the amount owed).

You can at least play with the above numbers some and get an idea of how long it would take to pay you back with various scenarios and when you could lose your investment if bitcoin price dropped or difficulty shot up.