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It (pbmining) is no longer competitive, a few months ago the price was almost half that cex are now almost equal, besides that you can not trade, not instant payments, time indefinite, etc
I'll rerun the 1 TH/s example with cex.io. pbmining.com - Cost is 2.9BTC with no other fees, 5 year contract, and 10% referral program cex.io - Cost is 3.17314BTC + 0.18USD per GH/s per month, and it is possible to liquidate your GH/s at any time 0.18USD * 1000 * 12 = 2,160USD or ~3.7BTC at today's exchange rate for one year of fees. So cex.io is 3.17314BTC + ~3.7BTC or ~6.87BTC expenditure during the first year of mining. You can subtract 1-2BTC from the expenditure when selling your GH/s after a year. Still not a good deal compared to pbmining. Yup, you pay about 30-40% of what you mine in fees... And I know it's not a lot, but you also have to pay fees for trading AND transaction fees for every withdrawal... So in my opinion, PBMining is awesome. Would've been even better if the price would be at 0.002 BTC / GHs now, WAY faster ROI and I would invest a LOT more if it was  |
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Lol, if that LinkedIn account isn't the real owner of Bit-mining, he's gonna be like: WHAT THE HELL! WHERE ARE ALL THESE PROFILE VIEWS COMING FROM! O_O
If he IS the real guy, he's now being like: WHAT THE HELL!! HOW DID THEY FIND ME! O_O
Either way, it should be some progress, good job people!
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I don't know what happened with you all, but shouldn't we be after BMC, not each other...?
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if you goto Domaincontrol.com you get a Mining Page Login for Cryptoglance Mining Frontend
they just have it Open your Own systems Port 80 and show you your own systems Webserver If you have one that is
Cleaver but not funny
Not funny at all tbh. |
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I didn't lose much, but it still s*cks. I already offered my help a few times to them (I'm a programmer / developer), but they didn't want me. I don't really know why, but that's what I know from offering them help. On the other hand, I can provide you with SOME info I have, I hope it'll help you people resolve stuff a lot quicker: - They have changed their hosting servers a few times, was cloudflare at one point but is currently domaincontrol.com - Domain was registered at Godaddy.com and will expire on Wed Nov 12 23:59:59 GMT 2014 - Domain was last updated on: Fri Apr 25 17:21:43 GMT 2014 (I think this was the last moment they changed anything in the DNS) - Their email server is pointed to secureserver.net - Admin's Skype is: bit-mining - Admin is from Canada - Tech's Skype is: thekazu4u - Tech is born (according to Skype) on 28th of January 1990 - It took them 2 months to recover from the first hack / attack That's what I can think of at this moment, when remember more, I will post it here  |
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I think there is a fundamental misunderstanding here, and you are missing the point. You can obviously buy at a higher price, but in normal exchanges (CEX/Cryptsy/etc), the order will complete at market price.
Consider a simple order book for buys (KS/LTC):
Total on sale: 120 KS total
seller 1: 0.07 10 (sell 10 KS at 0.07 LTC each)
seller 2: 0.08 10 (sell 10 KS at 0.08 LTC each)
seller 3: 0.1 100 (sell 100 KS at 0.1 LTC each)
Suppose I place an order for buying 5 KS at 1 LTC each (5 LTC total) (Here, I meant to type 0.1 LTC, but I made a mistake and typed 1 LTC). What happens?
In a normal exchange (CEX/Cryptsy/etc), the sale goes through at market price. I will get KS until all my LTC gets filled up. Since I placed an order for 5 LTC, I would eat up the first order (10 KS at 0.07 = 0.7 LTC); the second order (10 KS at 0.08 = 0.8 LTC), and part of the third order (35 KS at 0.1 = 3.5 LTC). Therefore, I would get 10+10+35 = 55 KS in return for my 5 LTC total.
In bit-mining.co, I would just get 5 KS for 5 LTC. The buyer spends 5 LTC, the seller (in this case, the top one) gets 0.07*5 = 0.35 LTC, and the rest (5-0.35=4.65LTC) is pocketed by bit-mining.co.
I hope this makes things clear.
Aaaaah, now I get what you meant, but I don't think the last part is true, about them cashing the difference. I think it actually gets sold at the price the user states, not at market price |
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Thanks Bit-Mining.Co for fixing so much so fast. Really happy and glad with how they handled it all. The moment the site came back online, SUPPORT was there to help you and / or answer your questions. Really have a lot of respect for him since he worked around the clock to aid as many people as possible! Same for the community so far! Almost everyone that got word of what happened and got info on how to deal with it, told other people what happened and how they should respond correctly if SUPPORT was afk from the chat to talk to ADMIN and / or TECH, or respond to emails they got from users. They told us they figured out all accounts by hand and I got everything back Thank you for handling this so well guys! I can see you really like Bit-Mining.Co and do everything to keep everyone happy and satisfied, I know I am |
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This kind of is a weird post from me, since I already left once...
BUT!
I don't think you should leave for screwing up yourself...
Yes, it s*cks what happened, but you can do that at almost every website I know..
At Cex, I can buy GHS more expensive than market order, same for Cryptsy, TheRockTrading and any other website where users can sell anything themselves!
For instance, you want to buy a car, but you have to much money, so you buy the 5000 dollar one instead of the 2000 dollar one, while they have the same specs.
IT HAPPENS!
I REALLY think it's your own fault for screwing up.
Next time, check what says.
Also a tip: you can click on the highest bid / ask on the list and it automatically fills that in on the sell/buy form.
Scroll back to the top to click on your amount of BTC / LTC and it automatically gives market order pricings for you ^^
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Everytime I try to add it, it says: *Link removed* ....
Help? Anyone?
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I'm new to pyramining and I'm wondering what they meant with a complete account / revenue...
Can anyone answer me what that means?
Also wondering why my payment still is in queue (has been for a week =/ )
Thanks ^^
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Actually it's quite simple, you don't. It's not profitable anymore to mine with some random computer you bought at some random computer store. If you really want to mine, you should probably buy a mining rig OR outsource it. There is just 1 problem with buying mining rigs (that would actually be profitable)... They cost A LOT of money, it takes a lot of time to ship and they require energy, ofcourse, which also costs you money... So what do you do? (If you don't have 5000 dollars spare cash) You outsource it. And how do you outsource it? You click on this nice little link here: https://cex.io/r/0/Cheridum/0/You can 'buy' GHS there for a really good price (About 38 dollars/0.045BTC per GHS) This is not a mining contract for a month or 3 like you've seen them on EBAY, they mine for the rest of your life! Atleast, until you decide to sell them back to them OR their company goes bankrupt for some reason... It's a cloud miner You're probably thinking: But how do I get bitcoins or litecoins?! (Since you can trade LTC over there as well) Easy! You can get free 'BTC' here: http://freebitco.in/?r=42086and if you click that link, you're gonna get a free 100 satoshi's (1 satoshi is 0.0000001 BTC) If use it everyhour like it's supposed to, you'll get enough in 1 week to buy you a bit of GHS to start with. In for LTC? http://ltc4you.com/?r=28024about the same thing as the last link, but with LTC. The great thing about the cloud miner is that it also mines NMC for you! And you can sell those NMC back into GHS! OHW! AND!! You can also use the cloud miner as your wallet! You don't need a separate wallet, you'll only lose BTC in transaction costs! Got questions? Ask 'm! ^^ Cheridum out! |
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Heey guys, About this, if you press 'alt+left' you'll also go back to the last visited page and for me, it saves the text I had in the boxes... So I didn't get as screwed over as some people here, just a tip  |
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