PB Mining -- 5 year mining contracts!

[beast0]

And this little piggy went hashing!

#22

beast0

http://www.btcpig.com/pig3.jpg

[1714303041]

1714303041

[raskul]

A lot of people seem to miss the point that we are in the same game as the rest of you are.  All we did was purchase hardware for "X" amount and sell the hash power for "X" amount (+ profit margin).  We don't control the difficulty, and we don't guarantee a positive ROI.  All we guarantee is that you get exactly what you paid for, and profit exactly as you would expect from your hash power at the current difficulty.  If difficulty changes remain extremely high, then it is not profitable whether you mine with us or buy your own hardware for the same price.  If difficulty slows down, then that's good news for all of us and we do the piggy dance.  Our early customers seem to be doing reasonably well, and we will do our best to keep the prices competitive in this market.

it is also the case, of course that anyone buying piggy hashes, or indeed, for that matter, rigs to mine with at home, should be completely aware of what they are buying and the risks entailed in it. The first rule of gambling and investment, is: don't spend out what you can't afford to lose. The same should be advised in bitcoin mining. I've gone into this with my eyes wide open and i'm very happy with the service which PBMining have provided me so far. The fact that they are a business and should be turning a profit is of no consequence to me, this is a long term contract with a view to long term returns. I'm not a lunch-box Joe who wants to buy oil at 9am for $92/barrel and sell it at 3pm for $102/barrel. This is investment in the prospecting of bitcoins and this is a long term game. If you are frightened of this, go buy some antique postage stamps.

[sdmathis]

A lot of people seem to miss the point that we are in the same game as the rest of you are.  All we did was purchase hardware for "X" amount and sell the hash power for "X" amount (+ profit margin).  We don't control the difficulty, and we don't guarantee a positive ROI.  All we guarantee is that you get exactly what you paid for, and profit exactly as you would expect from your hash power at the current difficulty.  If difficulty changes remain extremely high, then it is not profitable whether you mine with us or buy your own hardware for the same price.  If difficulty slows down, then that's good news for all of us and we do the piggy dance.  Our early customers seem to be doing reasonably well, and we will do our best to keep the prices competitive in this market.

it is also the case, of course that anyone buying piggy hashes, or indeed, for that matter, rigs to mine with at home, should be completely aware of what they are buying and the risks entailed in it. The first rule of gambling and investment, is: don't spend out what you can't afford to lose. The same should be advised in bitcoin mining. I've gone into this with my eyes wide open and i'm very happy with the service which PBMining have provided me so far. The fact that they are a business and should be turning a profit is of no consequence to me, this is a long term contract with a view to long term returns. I'm not a lunch-box Joe who wants to buy oil at 9am for $92/barrel and sell it at 3pm for $102/barrel. This is investment in the prospecting of bitcoins and this is a long term game. If you are frightened of this, go buy some antique postage stamps.

+1

[RyanK]

I dont think people understand that they must have 20 posts to enter the giveaway... All it takes is reading one post to figure it out.

[RyanK]

I've got a suggestion for the referral piggies...  Is there a way to highlight our referrals on the global stats page in a different color from our own.  I think it would be cool to be able to see where our referrals are on a global level. 

[VJain]

Are referrals limited to the first contact? Or all contacts by that user?

[oztusk]

all future contracts

[Steiny217]

A lot of people seem to miss the point that we are in the same game as the rest of you are.  All we did was purchase hardware for "X" amount and sell the hash power for "X" amount (+ profit margin).  We don't control the difficulty, and we don't guarantee a positive ROI.  All we guarantee is that you get exactly what you paid for, and profit exactly as you would expect from your hash power at the current difficulty.  If difficulty changes remain extremely high, then it is not profitable whether you mine with us or buy your own hardware for the same price.  If difficulty slows down, then that's good news for all of us and we do the piggy dance.  Our early customers seem to be doing reasonably well, and we will do our best to keep the prices competitive in this market.

it is also the case, of course that anyone buying piggy hashes, or indeed, for that matter, rigs to mine with at home, should be completely aware of what they are buying and the risks entailed in it. The first rule of gambling and investment, is: don't spend out what you can't afford to lose. The same should be advised in bitcoin mining. I've gone into this with my eyes wide open and i'm very happy with the service which PBMining have provided me so far. The fact that they are a business and should be turning a profit is of no consequence to me, this is a long term contract with a view to long term returns. I'm not a lunch-box Joe who wants to buy oil at 9am for $92/barrel and sell it at 3pm for $102/barrel. This is investment in the prospecting of bitcoins and this is a long term game. If you are frightened of this, go buy some antique postage stamps.

DING DING DING!!!!!!   Boy Raskul you one smart dude.  It seems like we just got hit with a major hater troll last night that was solely trying to make PB look bad.  I HATE that shit!  Your post is great I couldn't of said it better!!!!  People also need to realize that 5GH/s or whatever isn't gonna make them a fortune right away.  I make 0.37BTC a day between my rig here at the house and what I've got here on PB all together that's 4.5TH/s.  Mining takes alot now days, if only we could go back to the days when I only had 120GH/s and was making 1BTC a day!!!! But, those days are long gone I'm afraid......  

[5ick3uffalo]

Also no refereels:

0004   87GHS  0.00410747     0.87272201BTC


Assuming he paid a 0.01 BTC GH/s he is in ROI soon, next months for sure! next years sure sure!

SO anyone who says no ROI possible simply lies!

Obviously, u don't do your research, just firing off.

0004 joined before the below posting so paid much higher for the 1st 52GHS.
   
Re: PB Mining -- 5 year mining contracts!
January 17, 2014, 06:43:12 PM
Reply with quote  #16
We also just dropped our price/GH for existing customers.  .016/GH
This offer is temporary!

Ok 0.016, then it takes little bit longer than 3 1/2 months for him to break even

[raskul]

A lot of people seem to miss the point that we are in the same game as the rest of you are.  All we did was purchase hardware for "X" amount and sell the hash power for "X" amount (+ profit margin).  We don't control the difficulty, and we don't guarantee a positive ROI.  All we guarantee is that you get exactly what you paid for, and profit exactly as you would expect from your hash power at the current difficulty.  If difficulty changes remain extremely high, then it is not profitable whether you mine with us or buy your own hardware for the same price.  If difficulty slows down, then that's good news for all of us and we do the piggy dance.  Our early customers seem to be doing reasonably well, and we will do our best to keep the prices competitive in this market.

it is also the case, of course that anyone buying piggy hashes, or indeed, for that matter, rigs to mine with at home, should be completely aware of what they are buying and the risks entailed in it. The first rule of gambling and investment, is: don't spend out what you can't afford to lose. The same should be advised in bitcoin mining. I've gone into this with my eyes wide open and i'm very happy with the service which PBMining have provided me so far. The fact that they are a business and should be turning a profit is of no consequence to me, this is a long term contract with a view to long term returns. I'm not a lunch-box Joe who wants to buy oil at 9am for $92/barrel and sell it at 3pm for $102/barrel. This is investment in the prospecting of bitcoins and this is a long term game. If you are frightened of this, go buy some antique postage stamps.

DING DING DING!!!!!!   Boy Raskul you one smart dude.  It seems like we just got hit with a major hater troll last night that was solely trying to make PB look bad.  I HATE that shit!  Your post is great I couldn't of said it better!!!!  People also need to realize that 5GH/s or whatever isn't gonna make them a fortune right away.  I make 0.37BTC a day between my rig here at the house and what I've got here on PB all together that's 4.5TH/s.  Mining takes alot now days, if only we could go back to the days when I only had 120GH/s and was making 1BTC a day!!!! But, those days are long gone I'm afraid......  

well it's like saying.. hey I don't like your sportsbook; because i have to put money into it, to win anything. Doh, yeah.
nobody ties your hands and demands you buy piggyback hashpower. it's all about choice but I understand that trolls aren't created with the ability of free choice.
it's a disease I call 'Internet Formus' it's very ugly and can cause severe emotions in those who catch it.

[raskul]

more please PBMining;

tx: b1efd1b2f8fc132cffd91f91d15b5a769b0640d71f5195c78e5e52ebd7409b5e

[jordixal]

A question, the referrals just works for first register or every time you buy a contract?

[raskul]

A question, the referrals just works for first register or every time you buy a contract?

every time.

[oztusk]

This guy is happy.

[jordixal]

Wow, that was quick! I'm going to buy 5 Gh, so if anyone wants to get referral, pm me. However I don't undertand how it works, if I click to the banner, the ref parameter appears in url, but when I click buy contract page, parameter just disappears, so I don't know if referral still works in this situation.

[raskul]

Wow, that was quick! I'm going to buy 5 Gh, so if anyone wants to get referral, pm me. However I don't undertand how it works, if I click to the banner, the ref parameter appears in url, but when I click buy contract page, parameter just disappears, so I don't know if referral still works in this situation.

don't worry, once you click the referral link, as long as you sign up from it, all works fine.

best wishes,

Rus

[jordixal]

Wow, that was quick! I'm going to buy 5 Gh, so if anyone wants to get referral, pm me. However I don't undertand how it works, if I click to the banner, the ref parameter appears in url, but when I click buy contract page, parameter just disappears, so I don't know if referral still works in this situation.

don't worry, once you click the referral link, as long as you sign up from it, all works fine.

best wishes,

Rus

Thank you for your help!

[raskul]

Wow, that was quick! I'm going to buy 5 Gh, so if anyone wants to get referral, pm me. However I don't undertand how it works, if I click to the banner, the ref parameter appears in url, but when I click buy contract page, parameter just disappears, so I don't know if referral still works in this situation.

don't worry, once you click the referral link, as long as you sign up from it, all works fine.

best wishes,

Rus

Thank you for your help!

you are welcome.

[raskul]

This guy is happy.

love it.

[Steiny217]

That's one happy lil piggy!