I'm the other 1TH person on PBMining. Glad to see I found the other person (and potential 'mark'
) doing 1TH on PBMining. I thought I'd stay at the top of the list ALONE for a bit longer though. I've actually considering buying another 1MH to just stay at the top of that darn list - LOL! Seriously, I just might do that today!!!
The person that referred me to it also got my referral fees, so I know that process does work and he's rather happy right now as well.
For what it's worth, if I understand KnC's current rounds/shipping schedule, they have 2400 miners at 3TH that will be shipping by the end of Q2. I think one of the reasons we are seeing the difficulty for mining BTC rise are these units have already started shipping. I don't track other vendors, but I'm sure they are shipping their TH+ products as well now or soon will.
I go back and forth between is this a scam or not. I definitely see the difficulty level of mining BTC going nuts over the next 3 to 6 months. He could also be trying to build out a larger mining operation and using the upfront money to fund it. And frankly what looks like a good deal, may not be in the next 3 months. Someone involved in selling this stuff would definitely be well aware of the equipment about to be shipped/shipping. It's actually one of the reasons I jumped quickly on it was because everyday we are getting closer to the next difficulty rise. I'd go as far as to even wait for the next price decline before jumping in for more.
If it's a scam, I figure he'll run it for another 1 to 6 months and hopefully by that time I've gotten most if not all my money back plus some. Being blunt, if it is scam, the greater risk is for the people that get on it late in the game, or those that reinvest their earnings into more hash. So, ironically, if you are on the fence and it is a scam, probably better to jump in now then in 6 months. (As warped as that logic is!)
My two cents.