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501  Economy / Services / Re: PB Mining -- 5 year mining contracts! on: July 01, 2014, 07:29:22 PM
It's fun to see how you all with mining services in your signature attack me just because I am showing some simple math Cheesy

So I show it again. Don't trust me, trust these guys that set up this website.

GHASH.IO - https://tradeblock.com/mining/a/dee185c118

PBMining - https://tradeblock.com/mining/a/1ee5110f01

The only thing you can attack me on is the difficulty change, but that's practically a no go as well, especially now when the last rise was over 24%.

Difficulty rises by around 18% every step.
Steps happen around every 12 days.
To make it simple: every month difficulty raises around 32%.

Links are provided.
Everything else you say is fried air  Grin

*facepalm*
You fail so hard at simple maths.
0.003 x 100 = 0.3, and not 0.36.
Input the numbers correctly and you will see that you will profit.
Can someone quote this so that he can see it? It looks like he's ignoring me.

omg... byt411 is an idiot asskissing fuck tard... the guy wont shut up.. i think he thinks he is really important, every thread i goto he fields questions as if it were his pool or hosting site... the dude is just a dick -thats life... "teacher you forgot to assign homework" , "i'm telling" and when they get a little older you got to deal with this bull shit... i am not even going to look i dont care enough but if the guy was pointing out that dificulty is out pacing price reduction - then he is just existing as part of the market-same as an ass kisser does-just one of them thinks for himself

If you had the ability to input numbers into a calculator and read it, you would see that I am correct. All you are doing is insulting people basing your arguments on nothing, as if you were a 3-year old ranting for a toy. What I do is help people out, what you do is go through threads and scream at people.
Have a nice day.

you dont help though- your a dick - if thats helping then stop helping - nobody asked you, you are an ass kisser that gets involved in questions that dont pertain to you- go away

He is in ignore anyway, and when I bought contract the price was 0.0036 per GHs.
The owner of PBMining clearly lowered the price, as I suggested him to do Cheesy
Still, you are going to make just around 30 Euro more than your investment... at the end of the year.
502  Economy / Services / Re: PB Mining -- 5 year mining contracts! on: July 01, 2014, 06:40:50 PM


These are my returns so far since March 24th. I've sold every pay out at market price the day it arrived. As you can see if I had held till now I would have made more and been closer to breaking even. But nonetheless I think I'll be there in about 6 weeks.

Considering putting a large investment into this, it's really a no brainer.



It's "strange" (to say the least) that your income is not falling by around 18% every 2 weeks.
How do you explain that?

Also, your 141 GH/s look like producing much more than my 104 GH/s.
1 week is giving me 12$ right now.
Based on what I take, you should get 17$ per week.
You take around twice as that.
Have you got some partner bonus?
But even with partners... you should have 30 of them to reach that amount.
503  Bitcoin / Mining speculation / Re: 400GH/s - how many BTC can you extract? on: July 01, 2014, 09:42:48 AM
about 0.01 a day, probably another 3 months roi

That's 10 days at 0.01, then difficulty goes up 20% so no you get 0.0083 for 10-11 days, then 0.00065 for 10-11 days and so on.

As you approach the 3 month time period the electricity costs more than the income, so you turn it off.

You will not recoup your 1 BTC.  Unless the network crashes and burns in which case you get thousands of useless BTC lol.

I think this machine gives back what you pay it, but not by much... I mean, after 6 months you get 0.3 BTC on top of your investment repaid. Is it really worth it? Mining is essentially dead.

And...just wait for the new 50 PHs stomping into the network, and boom, bye bye mining, once and for all.
504  Economy / Services / Re: PB Mining -- 5 year mining contracts! on: July 01, 2014, 09:06:39 AM
Attacking you? I thought you said forums are made to talk about stuff?! Wellm, you're going on ignore as you haven't got anything sensisible to say anymore yet you keep forcing your opinion around and do not know when to stop.

Math is not an opinion  Smiley
And maybe you are right: I am a fanatic... of coherence.
Glad I get into your ignore list  Wink
Stating that I have nothing "else" senisble to say is fun also... I'll miss comments like these.
And also "forcing your opinion", while you come here to say that I'm wrong in good number... should I shut up just because you are more?
I'll miss you. Seriously.
505  Economy / Services / Re: PB Mining -- 5 year mining contracts! on: July 01, 2014, 09:04:36 AM
I WILL BE HERE, WASTING YOUR EFFORTS OF SELLING STUFF THAT WILL MUCH PROBABLY NOT PAY BACK CLIENTS.
I WILL WARN THEM, NOT BECAUSE I HAVE ANYTHING AGAINST YOU BUT BECAUSE I DON'T LIKE THIS TYPE OF ACTIVITY BASED ON PLAYING ON GOOD FAITH OF PEOPLE.
As I said, religious fanatic, yelling and wailing as others say


Only one thing needs to be taught to people (and luckily a lot already learned it) : learn to think for yourself and take nothing for granted.
You said your thing, now give people a chance to start doing their own thinking.


I agree.
Think with your head.
Don't accept misinformation.
And especially don't take for granted that people are selling good stuff.
Double check everything  Cheesy

And the religious fanatic here is somebody in your family probably, not here.
506  Economy / Services / Re: PB Mining -- 5 year mining contracts! on: July 01, 2014, 08:57:02 AM
It's fun to see how you all with mining services in your signature attack me just because I am showing some simple math Cheesy

So I show it again. Don't trust me, trust these guys that set up this website.

GHASH.IO - https://tradeblock.com/mining/a/dee185c118

PBMining - https://tradeblock.com/mining/a/1ee5110f01

The only thing you can attack me on is the difficulty change, but that's practically a no go as well, especially now when the last rise was over 24%.

Difficulty rises by around 18% every step.
Steps happen around every 12 days.
To make it simple: every month difficulty raises around 32%.

Links are provided.
Everything else you say is fried air  Grin
507  Economy / Services / Re: PB Mining -- 5 year mining contracts! on: July 01, 2014, 08:26:02 AM
Why oh why does every thread on Bitcointalk get infected with religious fanatics who try to enforce their views upon others  Roll Eyes

Nobody is trying to enforce anything.
If I only had read a thread like the one I had post, I didn't put my money into cloud mining, that's why I posted it.
Now, either you have some ARGUMENT against math, or you better let it be and not try to enforce your faith vision without other arguments than "I am right".

here's a hypothetical question for you, and one which may give you some idea what your words make you look like, in your attitude and stature;

If you were to go into a clothes shop and see some item of clothing, say it's a suit for a wedding - you are to be married. The suit is an item of clothing which you know that you will ever only wear once, and it will not be worn ever again, after your wedding day.
The suit cost $3500.
Do you
A) decline to buy quietly and leave the shop, or
B) stand ranting at the customers, shouting and wailing at how hard-done-to they are?


currently, you are performing B.
think about it, my friend.

This is not a shop, it's a forum.
Forums are made to talk about stuff.
This forum is made to talk about bitcoin related stuff.
Think of it, my friend.
508  Economy / Services / Re: PB Mining -- 5 year mining contracts! on: July 01, 2014, 08:16:53 AM
Why oh why does every thread on Bitcointalk get infected with religious fanatics who try to enforce their views upon others  Roll Eyes

Nobody is trying to enforce anything.
If I only had read a thread like the one I had post, I didn't put my money into cloud mining, that's why I posted it.
Now, either you have some ARGUMENT against math, or you better let it be and not try to enforce your faith vision without other arguments than "I am right".
509  Economy / Services / Re: PB Mining -- 5 year mining contracts! on: July 01, 2014, 07:24:22 AM
Quote
You better lower your prices and give back at least some chance of recovery of investment or you'll find me here wasting your efforts every time I'll find a minute.

That type of threat is illegal in most countries, I believe.  We will continue selling our hash power for what it's worth on the market.  The buyers set the price in the end, not us.  Supply and Demand.

Threat? I am threating you that I will make your possible users aware of your "product", that's all.
I will warn users that when they buy XX GH/s at YY price they won't almost surely get back their investment.

And if you think you can scare me with words you are far by a long long long shot, kiddy  Roll Eyes

I will point out the failure in your scenario. The one you cannot control for. Electicity cost. RIGHT NOW, as I understand it from my European friends, any exisiting 1st gen ASIC device is unprofitable due to power consumption. Yet here, in Idaho, that same machine would still be fine. That in itself militates against cloud mining being a scam. Some, yes, but pb has always been about on par with an Antminer running for a month. Except that the contract runs for 5 years...

I stop you right here.
Re-read the bold.

After 6 months, your profit is 10% of what it was in the first 12 days.
After 1 year your profit is 1% of what it was in the first 12 days.

To say it more clearly: it doesn't matter how many years the contract is, because the real earning is in the first year.
After that, you earn practically nothing. You keep getting nearer to your initial investment by smaller and smaller dust grains, but never reach it.
This is because you lose around 18% of income each 12 days, no matter what.
So if your initial investment is over a certain price, you will never make it back.

Keep in mind 50 PHs will be put into the flow soon.

About electricity: you barely make it by buying hardware, basically after 6 months/1 year that hardware becomes useless.
If you don't pay electricity, you can essentially cut down the price of the hardware by a measure, but it doesn't get much better.
The difference between your own hardware and cloud mining is that with your hardware you can get back your investment in the first few months or in the year, and cut something over it, and then you can trash it, but the cost per GHs offered by cloud mining will never allow that.
This could have been different in the past, but now it's like this.
510  Economy / Services / Re: PB Mining -- 5 year mining contracts! on: July 01, 2014, 01:45:06 AM
This thread is too funny. We had one guy for 5 pages tell us that you can't even pay for the electricity at the prices PB Mining is charging.

Now, we have GODLIKE telling us their prices are much too high and they are making too much money.

You are free to believe who/what you want.
You can believe an alias advertising PBMining.
Or you can believe somebody who put under your eyes some math.
Your choice  Smiley

I can help against ignorance, but have no time or power to fight stupidity.
511  Economy / Services / Re: PB Mining -- 5 year mining contracts! on: July 01, 2014, 12:29:30 AM
You are not the first person to run around saying "Bitcoin mining isn't profitable!"
What you are doing is nothing original or revolutionary.  We get these kind of trolls every day.  
I would suggest you start your own Bitcoin mining business, one in which you sell the hash power for less than you purchased it for.  We would all sign up.  Smiley  "Godlike Mining" has a very nice ring to it.  

Surely I'm not the first, but I'm here with good arguments I think.
Math is a good proof.

You are asking us to sell our hash power for less than what we purchased it for.  How is that reasonable?  

OK. I'll prove your maths wrong.
https://tradeblock.com/mining/a/d3e47a28c5

Done. Happy? Now stfu and gtfo.

Difficulty increase per month... 16%  Cheesy  Cheesy  Cheesy  Cheesy  Cheesy
Let's stay real: 18% each 12 days = more or less 35% each month.
Link ->You won't ever get your money back.

Now, STFU and GTFO, mom's kiddy, and don't even answer, putting you useless **** in ignore  Kiss

Lol ok, I thought that was difficulty increase/increase. Even if it's 35% per month, you still make a profit, look at the calculator.

LOL NO!
You never get back the money you spent!
Look at the cumulative return: you never get back over 0 again!

And, yes, GHASH is even worse!
They base their business on the fact that people will trade BTC on GH/s but if you fail on selling your GH/s on the right moment, you waste any mining you have done.

I don't have experience with other cloud mining services, these 2 were enough!  Grin

Wrong. In a year, you would've gained 0.000366BTC as profit. It says that, you know. The contract is for 5 years too.
Calling names basically means insulting people.
This proves that your entire statement and argument is wrong: You will profit.

Insulting people is also telling them GET THE FUCK OUT and SHUT THE FUCK UP, in my opinion, because you miss respect to them, and insulting is essentially this: having no respect for somebody.
Don't play dumb with me, you go nowhere.
And now I really put you in ignore as I hate wasting time this way.
Not even answering to your supposed profit, nonsense. Adieux.
512  Economy / Services / Re: PB Mining -- 5 year mining contracts! on: June 30, 2014, 11:59:53 PM
You are not the first person to run around saying "Bitcoin mining isn't profitable!"
What you are doing is nothing original or revolutionary.  We get these kind of trolls every day.  
I would suggest you start your own Bitcoin mining business, one in which you sell the hash power for less than you purchased it for.  We would all sign up.  Smiley  "Godlike Mining" has a very nice ring to it.  

Surely I'm not the first, but I'm here with good arguments I think.
Math is a good proof.

You are asking us to sell our hash power for less than what we purchased it for.  How is that reasonable?  

OK. I'll prove your maths wrong.
https://tradeblock.com/mining/a/d3e47a28c5

Done. Happy? Now stfu and gtfo.

Difficulty increase per month... 16%  Cheesy  Cheesy  Cheesy  Cheesy  Cheesy
Let's stay real: 18% each 12 days = more or less 35% each month.
Link ->You won't ever get your money back.

Now, STFU and GTFO, mom's kiddy, and don't even answer, putting you useless **** in ignore  Kiss

Lol ok, I thought that was difficulty increase/increase. Even if it's 35% per month, you still make a profit, look at the calculator.

LOL NO!
You never get back the money you spent!
Look at the cumulative return: you never get back over 0 again!

And, yes, GHASH is even worse!
They base their business on the fact that people will trade BTC on GH/s but if you fail on selling your GH/s on the right moment, you waste any mining you have done.

I don't have experience with other cloud mining services, these 2 were enough!  Grin
513  Economy / Services / Re: PB Mining -- 5 year mining contracts! on: June 30, 2014, 11:54:37 PM
Godlike, I respect your opinions, but can you stop the name calling and rude behavior?  

Of course I can, he started with gtfo and stuff.
He begun the arrogance, not me.
Also, what name calling?  Smiley

Anyway, the thing ends here for me.
I'll just warn users about what they are buying when they pop up.
You lower your prices and make it a working service, then I won't warn anybody of anything  Smiley
You got my money for free, dude, this is the result  Wink
514  Economy / Services / Re: PB Mining -- 5 year mining contracts! on: June 30, 2014, 11:43:16 PM
You are not the first person to run around saying "Bitcoin mining isn't profitable!"
What you are doing is nothing original or revolutionary.  We get these kind of trolls every day.  
I would suggest you start your own Bitcoin mining business, one in which you sell the hash power for less than you purchased it for.  We would all sign up.  Smiley  "Godlike Mining" has a very nice ring to it.  

Surely I'm not the first, but I'm here with good arguments I think.
Math is a good proof.

You are asking us to sell our hash power for less than what we purchased it for.  How is that reasonable?  

OK. I'll prove your maths wrong.
https://tradeblock.com/mining/a/d3e47a28c5

Done. Happy? Now stfu and gtfo.

Difficulty increase per month... 16%  Cheesy  Cheesy  Cheesy  Cheesy  Cheesy
Let's stay real: 18% each 12 days = more or less 35% each month.
Link ->You won't ever get your money back.

Now, STFU and GTFO, mom's kiddy, and don't even answer, putting you useless **** in ignore  Kiss
515  Economy / Services / Re: PB Mining -- 5 year mining contracts! on: June 30, 2014, 11:37:41 PM
if you buy your own miner and you run it yourself, the btc/ghs price is still nearly the same.

Nearly the same.
I LOVE that  Cheesy Kiss

http://www.coindesk.com/bitmain-releases-energy-efficient-478ghs-antminer-s3/

470 GH/s at 470$

1 GH/s at 0.0036 BTC =
470 GH/s at 1,692 BTC =
470 GH/s at 1065$

Nearly the same  Cheesy

And with this I leave you.
See you soon  Wink
516  Economy / Services / Re: PB Mining -- 5 year mining contracts! on: June 30, 2014, 11:28:28 PM
You are not the first person to run around saying "Bitcoin mining isn't profitable!"
What you are doing is nothing original or revolutionary.  We get these kind of trolls every day.  
I would suggest you start your own Bitcoin mining business, one in which you sell the hash power for less than you purchased it for.  We would all sign up.  Smiley  "Godlike Mining" has a very nice ring to it.  

Surely I'm not the first, but I'm here with good arguments I think.
Math is a good proof.
517  Economy / Services / Re: PB Mining -- 5 year mining contracts! on: June 30, 2014, 11:27:08 PM
You are not the first person to run around saying "Bitcoin mining isn't profitable!"
What you are doing is nothing original or revolutionary.  We get these kind of trolls every day.  
I would suggest you start your own Bitcoin mining business, one in which you sell the hash power for less than you purchased it for.  We would all sign up.  Smiley  "Godlike Mining" has a very good ring to it.  

Exactly. Also, even if you buy your own miner and you run it yourself, the btc/ghs price is still nearly the same. And why do people continue to buy them? Because they profit. Please keep your bashing to another thread.
PBMining, if needed, you can ask him to leave the thread, and if he doesn't, he may get banned.

Until you prove my (simple) math wrong, I will keep writing.
Unless the mod is your friend and warns me to not do so.

And why, instead of attacking me, you don't try to see what I've written and prove that I'm wrong?

BTW, kick me out of this thread and I'll open a page just to show up how a good investment PBMining is.
Time needed: couple of hours.
518  Economy / Services / Re: PB Mining -- 5 year mining contracts! on: June 30, 2014, 11:18:08 PM
Quote
You better lower your prices and give back at least some chance of recovery of investment or you'll find me here wasting your efforts every time I'll find a minute.

That type of threat is illegal in most countries, I believe.  We will continue selling our hash power for what it's worth on the market.  The buyers set the price in the end, not us.  Supply and Demand.

Threat? I am threating you that I will make your possible users aware of your "product", that's all.
I will warn users that when they buy XX GH/s at YY price they won't almost surely get back their investment.

And if you think you can scare me with words you are far by a long long long shot, kiddy  Roll Eyes

You can tell users whatever you choose to.  But when you say "Lower your prices or else", then it's a different story. 

Quote
You better lower your prices and give back at least some chance of recovery of investment or you'll find me here wasting your efforts every time I'll find a minute.

This here over is my exact sentence.
You have some problem with semantics or you are again playing dumb to look like a victim.

So I also repeat it more clearly:

I WILL BE HERE, WASTING YOUR EFFORTS OF SELLING STUFF THAT WILL MUCH PROBABLY NOT PAY BACK CLIENTS.
I WILL WARN THEM, NOT BECAUSE I HAVE ANYTHING AGAINST YOU BUT BECAUSE I DON'T LIKE THIS TYPE OF ACTIVITY BASED ON PLAYING ON GOOD FAITH OF PEOPLE.

Now go, make a judgement call  Cheesy
519  Economy / Services / Re: PB Mining -- 5 year mining contracts! on: June 30, 2014, 11:12:22 PM
There's always the option of running your own hardware if you think you can do it cheaper.  Smiley  

Iyou know perfectly that at 0.0036 per MH/s the payer will never get his money back  Wink


at 0.0036 per MH/s never, yes, true

I'm still trying to determine whether he has time traveled from the future and seen the difficulty changes, or if he has traveled from the past when the prices were 0.0036/Mhs.  Either way, he needs to patent that technology ASAP.  If he can share some lottery numbers with us I'll give him free hash power.  Wink

You look a bit stupid with this question.

Here, if you are not a complete idiot, you can see that the difficulty is rising by around 15-20% on average for each step.
To be more precise, the average on the last 20 steps is around 18%, so my counts are even too sweet, as I based them on a 15% increase.
This last increase was a 24% hammer anyway.
And the more people will put power to mine (and this IS happening), the more the difficulty will rise.

But you know this perfectly, you are only playing dumb to not get your "activity" exposed  Smiley
I'll be here though, and I'll try to save as many people I can from cloud mining and especially from PBMining  Cheesy
You better lower your prices and give back at least some chance of recovery of investment or you'll find me here wasting your efforts every time I'll find a minute.

hmm this guys making me think 1000 times for use cloud mining(currently i have investment some on PBmining and never get problem with payment) for BEP i think you're right.. and this is my question

Can you describe the comparative advantages and disadvantages of buying miner (1TH/s) and buy 1TH/s on PBmining

note : i'm just stupid people whose want to know more Smiley

I've just opened this thread.
This looks rewarding... on a 6-10 month period.
After that, if you pay your electricity, you can trash it as well, because buying BTC on the market will probably be less expensive.

If BTC explodes to 2000$ in one year, you will have your tree of money.

By contrast, if you buy 1 GH/s of cloud mining from a cloud service Roll Eyes you are going to pay 470 GH/s a total of 1,692 BTC, that is 1080$.
Doesn't look too attractive, does it?  Cheesy

If you put now 0.0036 BTC for 1 GH/s and the difficulty will keep increasing every around 12 days by 15-20%, you won't get back your investment. EVER.
520  Economy / Services / Re: PB Mining -- 5 year mining contracts! on: June 30, 2014, 11:08:38 PM
Quote
You better lower your prices and give back at least some chance of recovery of investment or you'll find me here wasting your efforts every time I'll find a minute.

That type of threat is illegal in most countries, I believe.  We will continue selling our hash power for what it's worth on the market.  The buyers set the price in the end, not us.  Supply and Demand.

Threat? I am threating you that I will make your possible users aware of your "product", that's all.
I will warn users that when they buy XX GH/s at YY price they won't almost surely get back their investment.

And if you think you can scare me with words you are far by a long long long shot, kiddy  Roll Eyes
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