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Author Topic: PB Mining -- 5 year mining contracts!  (Read 378866 times)
byt411
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May 12, 2014, 03:37:43 PM
 #2421

why is buying disabled again?

Because everything is sold out.
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Kashim
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May 12, 2014, 03:38:06 PM
 #2422

received payday again Grin
thanks pbmining
so we will see drop price after next difficulty increase
time to buy contract again

its just happened diff is now at 8,8m
Kashim
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May 12, 2014, 03:39:59 PM
 #2423

why is buying disabled again?

Because everything is sold out.

pbmining wrote that someone is sending false amounts of payment to them thas why they disabled it at first. and they got plenty of GH to sell ....

to bad i did not buy yesterday....
byt411
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May 12, 2014, 03:41:41 PM
 #2424

received payday again Grin
thanks pbmining
so we will see drop price after next difficulty increase
time to buy contract again

its just happened diff is now at 8,8m

Awesome, only a 10% increase. Nice to see difficulty going up more slowly.
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May 12, 2014, 04:41:53 PM
 #2425

received payday again Grin
thanks pbmining
so we will see drop price after next difficulty increase
time to buy contract again

its just happened diff is now at 8,8m
only 10% increase? that is great news Grin
we can earn more BTC from mining in next week


Awesome, only a 10% increase. Nice to see difficulty going up more slowly.
yeah agree Grin
20-25% increasing for 12 days was crazy, i hope we won't see 20% increase anymore
and i think all of pbmining's investor here agree with me

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testerman
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May 12, 2014, 07:07:35 PM
 #2426

new gigahashes just started for sale  Grin
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May 12, 2014, 07:10:31 PM
 #2427

Go ahead people. NEW PRICE.  Smiley
testerman
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May 12, 2014, 07:36:27 PM
 #2428

new gigahashes just started for sale  Grin


lol again all sold out
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May 12, 2014, 07:52:28 PM
 #2429

The steep rise in difficulty is getting less steep. End of last year 50% in a month wasn't strange (100% even in one month!). When using calculators to see an estimate of income in mining hashes I already set the difficulty jump to 20%, later even to 15%, but now I think an estimate of 12% average would get more realistic numbers. Which is nice, cause it means the hashes you buy will be profitable a bit longer. Too bad PB ran out though, and so quickly after the new price  Wink

<||=||>  Rule #1a: Never invest more then you can afford to lose. <||=||>  Rule #1b: Never invest all you can afford to lose. <||=||> 
............. Whenever someone idly claims a scam, a Bitcoin somewhere dies .............
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May 12, 2014, 08:05:32 PM
 #2430

Too bad is sold out! the page should have a reserve option... or at least a message when more hashpower is available...
testerman
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May 12, 2014, 08:12:45 PM
 #2431

Too bad is sold out! the page should have a reserve option... or at least a message when more hashpower is available...

i agree, maybe when the new haspower available, pbmining can send an automated email to us.
jamieb81
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May 12, 2014, 08:15:30 PM
 #2432

The steep rise in difficulty is getting less steep. End of last year 50% in a month wasn't strange (100% even in one month!). When using calculators to see an estimate of income in mining hashes I already set the difficulty jump to 20%, later even to 15%, but now I think an estimate of 12% average would get more realistic numbers. Which is nice, cause it means the hashes you buy will be profitable a bit longer. Too bad PB ran out though, and so quickly after the new price  Wink

Could we speculate that less people are mining BTC, like big players switching over from btc to buy big Scrypt asics and thus diff lowering?
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May 12, 2014, 08:34:25 PM
 #2433

The steep rise in difficulty is getting less steep. End of last year 50% in a month wasn't strange (100% even in one month!). When using calculators to see an estimate of income in mining hashes I already set the difficulty jump to 20%, later even to 15%, but now I think an estimate of 12% average would get more realistic numbers. Which is nice, cause it means the hashes you buy will be profitable a bit longer. Too bad PB ran out though, and so quickly after the new price  Wink

Could we speculate that less people are mining BTC, like big players switching over from btc to buy big Scrypt asics and thus diff lowering?

I think, more realistically, the impact of dropping a 5TB miner onto the network is being lessened. As the difficulty goes up, old ASIC's (and any remaining GPU's) are being retired for more power efficient ASIC's (newer arch - 22nm, 28nm, etc).

*PS* App is submit to Apple for approval. Let's see if they ok it.
Android: https://play.google.com/store/apps/details?id=com.coniform.pbmin
iOS: ETA - June 12th, 2014

Making Apps and Websites for people. I charge reasonable rates ($30-40/hour in BTC).
Mike18feb
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May 12, 2014, 09:46:23 PM
 #2434

The truth is somewhere in the middle I think. The difficulty now is so high that to increase it you'll need an exponentially growing amount of hashrate. Simply said: the impact of new hardware released onto the blockchain is getting less. And yes, older mining equipment leaving the scene as well.

I dont believe scrypt asics will have much impac on the mining habits of bitcoin miners though. I rather believe some miners simply add one or more scrypt asics to their collection. A minority (with outdated miners) might switch, but their hashrate is minimal already.


OH! I like the app, btw! Checked it a dozen times today Cheesy

<||=||>  Rule #1a: Never invest more then you can afford to lose. <||=||>  Rule #1b: Never invest all you can afford to lose. <||=||> 
............. Whenever someone idly claims a scam, a Bitcoin somewhere dies .............
testerman
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May 12, 2014, 09:55:58 PM
 #2435

The steep rise in difficulty is getting less steep. End of last year 50% in a month wasn't strange (100% even in one month!). When using calculators to see an estimate of income in mining hashes I already set the difficulty jump to 20%, later even to 15%, but now I think an estimate of 12% average would get more realistic numbers. Which is nice, cause it means the hashes you buy will be profitable a bit longer. Too bad PB ran out though, and so quickly after the new price  Wink

Could we speculate that less people are mining BTC, like big players switching over from btc to buy big Scrypt asics and thus diff lowering?

I think, more realistically, the impact of dropping a 5TB miner onto the network is being lessened. As the difficulty goes up, old ASIC's (and any remaining GPU's) are being retired for more power efficient ASIC's (newer arch - 22nm, 28nm, etc).

*PS* App is submit to Apple for approval. Let's see if they ok it.
Android: https://play.google.com/store/apps/details?id=com.coniform.pbmin
iOS: ETA - June 12th, 2014


i understand that, your app doesnot need any login / pass to operate? to check our data
VJain
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May 12, 2014, 10:00:17 PM
 #2436

The steep rise in difficulty is getting less steep. End of last year 50% in a month wasn't strange (100% even in one month!). When using calculators to see an estimate of income in mining hashes I already set the difficulty jump to 20%, later even to 15%, but now I think an estimate of 12% average would get more realistic numbers. Which is nice, cause it means the hashes you buy will be profitable a bit longer. Too bad PB ran out though, and so quickly after the new price  Wink

Could we speculate that less people are mining BTC, like big players switching over from btc to buy big Scrypt asics and thus diff lowering?

I think, more realistically, the impact of dropping a 5TB miner onto the network is being lessened. As the difficulty goes up, old ASIC's (and any remaining GPU's) are being retired for more power efficient ASIC's (newer arch - 22nm, 28nm, etc).

*PS* App is submit to Apple for approval. Let's see if they ok it.
Android: https://play.google.com/store/apps/details?id=com.coniform.pbmin
iOS: ETA - June 12th, 2014


i understand that, your app doesnot need any login / pass to operate? to check our data

None. Just your customer ID. All the data I get is publicly available.

If an API get's integrated, I would consider doing that, but at the moment the only way to log in would be to send data to my server. I would not be comfortable to have that occur (and I'm assuming neither would the avg user).

Making Apps and Websites for people. I charge reasonable rates ($30-40/hour in BTC).
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May 13, 2014, 01:27:55 AM
 #2437

Payment received at payday  Cool
seems price drop again, time to buy more GHS Grin
The steep rise in difficulty is getting less steep. End of last year 50% in a month wasn't strange (100% even in one month!). When using calculators to see an estimate of income in mining hashes I already set the difficulty jump to 20%, later even to 15%, but now I think an estimate of 12% average would get more realistic numbers. Which is nice, cause it means the hashes you buy will be profitable a bit longer. Too bad PB ran out though, and so quickly after the new price  Wink

Could we speculate that less people are mining BTC, like big players switching over from btc to buy big Scrypt asics and thus diff lowering?

I think, more realistically, the impact of dropping a 5TB miner onto the network is being lessened. As the difficulty goes up, old ASIC's (and any remaining GPU's) are being retired for more power efficient ASIC's (newer arch - 22nm, 28nm, etc).

*PS* App is submit to Apple for approval. Let's see if they ok it.
Android: https://play.google.com/store/apps/details?id=com.coniform.pbmin
iOS: ETA - June 12th, 2014
wow i never think that will be a pbmining apk for android
thanks for your effort Cool
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May 13, 2014, 01:31:36 PM
 #2438

The steep rise in difficulty is getting less steep. End of last year 50% in a month wasn't strange (100% even in one month!). When using calculators to see an estimate of income in mining hashes I already set the difficulty jump to 20%, later even to 15%, but now I think an estimate of 12% average would get more realistic numbers. Which is nice, cause it means the hashes you buy will be profitable a bit longer. Too bad PB ran out though, and so quickly after the new price  Wink

Could we speculate that less people are mining BTC, like big players switching over from btc to buy big Scrypt asics and thus diff lowering?

I think, more realistically, the impact of dropping a 5TB miner onto the network is being lessened. As the difficulty goes up, old ASIC's (and any remaining GPU's) are being retired for more power efficient ASIC's (newer arch - 22nm, 28nm, etc).

*PS* App is submit to Apple for approval. Let's see if they ok it.
Android: https://play.google.com/store/apps/details?id=com.coniform.pbmin
iOS: ETA - June 12th, 2014

Wow... an iOS app will be awesome.
Thk...  Wink

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May 13, 2014, 02:45:35 PM
 #2439

Congrats Ashatak for taking the lead!!!!!!!!!   Grin  You are a baller now, 10TH/s!

byt411
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May 13, 2014, 04:26:59 PM
 #2440

Congrats Ashatak for taking the lead!!!!!!!!!   Grin  You are a baller now, 10TH/s!

Lol... He must've started with quite a lot of BTC, and just reinvested everything...
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