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Author Topic: PB Mining -- 5 year mining contracts!  (Read 378866 times)
byt411
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June 16, 2014, 06:04:39 PM
 #2961

The OP might need to be updated, as the current price is about 0.004 BTC / Gh/s.

Does anyone know what the minimum amount of BTC is to receive a payout? I received 0.0002429 BTC ^^.

great buying price for those converting cash to btc---its very low now--- and when btc goes back up you will get paid at the a higher rate than you bought in for which equals a nice payday opportunity

http://pbmining.com?

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Payouts are made every Sunday, regardless of amount.
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VJain
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June 16, 2014, 06:48:18 PM
 #2962

App Update:

Those who are on Version 2 of the app, please be aware I will be End of Life'ing it on Friday. Please update to the latest version.
I am getting ready to republish it to the iOS app store shortly. I still haven't received any word back from Cydia store, so that seems like a dead end Sad.

Looking for recommendations as to the next BTC related app to build Smiley

Making Apps and Websites for people. I charge reasonable rates ($30-40/hour in BTC).
byt411
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June 16, 2014, 06:54:50 PM
 #2963

App Update:

Those who are on Version 2 of the app, please be aware I will be End of Life'ing it on Friday. Please update to the latest version.
I am getting ready to republish it to the iOS app store shortly. I still haven't received any word back from Cydia store, so that seems like a dead end Sad.

Looking for recommendations as to the next BTC related app to build Smiley

What repo did you try on cydia? You can also create your own repo here:
https://www.myrepospace.com/

Now that apple changed their policies, they might accept your app. Good luck.
PBmining (OP)
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June 16, 2014, 07:28:06 PM
 #2964

The OP might need to be updated, as the current price is about 0.004 BTC / Gh/s.

Does anyone know what the minimum amount of BTC is to receive a payout? I received 0.0002429 BTC ^^.

great buying price for those converting cash to btc---its very low now--- and when btc goes back up you will get paid at the a higher rate than you bought in for which equals a nice payday opportunity

http://pbmining.com?

You're not allowed to post referal URLs on this forum anymore.



Payouts are made every Sunday, regardless of amount.

Actually the minimum transaction amount is .000053, since anything lower than that will most likely be rejected on the blockchain (regardless of fee).   We rounded this minimum off to 0.00006 within our own payout system, so any payout that is lower than that will be kept in the users balance for another pay period (and until the minimum is reached).  This is one of the reasons that we have kept raising the minimum purchase quantity, as this successfully results in receiving less e-mails with the subject: "Where's my payout?  You owe me a three Satoshis".   Cheesy

Did you know?: Most of our hash power comes from other sources.  We are now specialized in the resale of cloudmining contracts through our associates!
byt411
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June 16, 2014, 07:34:54 PM
 #2965

The OP might need to be updated, as the current price is about 0.004 BTC / Gh/s.

Does anyone know what the minimum amount of BTC is to receive a payout? I received 0.0002429 BTC ^^.

great buying price for those converting cash to btc---its very low now--- and when btc goes back up you will get paid at the a higher rate than you bought in for which equals a nice payday opportunity

http://pbmining.com?

You're not allowed to post referal URLs on this forum anymore.



Payouts are made every Sunday, regardless of amount.

Actually the minimum transaction amount is .000053, since anything lower than that will most likely be rejected on the blockchain (regardless of fee).   We rounded this minimum off to 0.00006 within our own payout system, so any payout that is lower than that will be kept in the users balance for another pay period (and until the minimum is reached).  This is one of the reasons that we have kept raising the minimum purchase quantity, as this successfully results in receiving less e-mails with the subject: "Where's my payout?  You owe me a three Satoshis".   Cheesy

Well, unless a customer knows when the payout will be and buys ghashes like an hour before payout, that won't happen again.
PBmining (OP)
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June 16, 2014, 07:42:57 PM
 #2966

We get orders all the time, and some customers are banking on a single referral (10% of 10Ghs).  So it still happens more than you would think.  Smiley

Did you know?: Most of our hash power comes from other sources.  We are now specialized in the resale of cloudmining contracts through our associates!
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June 20, 2014, 02:03:55 PM
 #2967

Hi, i bought 10 GHS (more than 12 hours before) , maybe something went wrong because never took that long before:

tx.id: 2a5f27225cd816b184a694863c96806ef883ab67f9f5f53c07f5435c84742bb0

Order Number 1819219521809   

Thanks Smiley

BTC: 1Dw9feZAGSeHvaiQ55T7C92VAAXB2nVKKk
rodeoclownicp
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June 21, 2014, 06:15:36 AM
 #2968

i have heard some crazy things about only comparing btc to btc on this thread... but to people who dont realize how value is determined---(just an example to make a point)lets say a car is 10,000 or 20 btc(1btc=500 for examples sake) then btc rises to where 1btc=10,000. would you still pay 20 btc for it?? if its true with larger numbers its true for smaller ones... btc roi and roi can be differnt

It is very simple. Incorporating the dollar value just confuses the profit from mining with the profit from holding.

If you buy 1 BTC, then you will always have 1 BTC. If you spend that 1 BTC for X GH/s and it mines more than 1 BTC, then you have made a profit. If it mines less than 1 BTC, you have made a loss. It doesn't matter what the dollar value is because if you mine for a profit (loss) you will have more (less) dollars than you would have had if you didn't mine.

Think of it this way: If you give me 10 BTC and then 1 year later I give you 9 BTC, who makes a profit in the transaction? I will do that deal with anyone for as much BTC as they are willing to give me, and I don't care what the dollar value is at the beginning or the end.

generic coin=gc example using your logic,,, if i gave you 10gc worth 10 cents and a year later you gave me 9gc back worth 10 billion- you did not profit... you are not very good with markets..... no way---that logic is flawed-you dont even believe yourself

this is one of the best chances ever to get a contact- these guys havent scared you away if you can do simple math

2.16 usd per gh....thats less than 1th miner-throw in its not your electric and your way up. pm me if u need anything



http://pbmining.com?ref=rodeoclownicp

by the way this is one of the best times ever to get a contract
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June 21, 2014, 07:50:39 AM
 #2969

Hi, i bought 10 GHS (more than 12 hours before) , maybe something went wrong because never took that long before:

tx.id: 2a5f27225cd816b184a694863c96806ef883ab67f9f5f53c07f5435c84742bb0

Order Number 1819219521809   

Thanks Smiley
whether the problems you have finished
you should wait 24 hours if your problem has not been completed you should send an email to PB or can be via PM


                                      ▄._      
                                       ▀█████████▀ 
                                     ,▄▓████████   
                                ╓▄▓███████████▀   
                           ╓▄▓███████▀╙.  ▀█     
                      ▄▄▓███████▀╙▄▄▄▄███         
                 ▄▄▓███████▀╙▄,  ▓███████        
           .▄▄▓██████▀▀╙▄▄▓████▌ ████████         
      .▄▄███████▀▀╙▄▄  ▐███████▌ ████████         
 .▄▄███████▀▀ ▐▄▄▓████ ▐███████▌ ████████         
╙█████▀▀▐▄▄▓  ████████ ▐███████▌ ████████        
 ╙▀ ▄▄▓█████  ████████ ▐███████▌ ████████         
    ████████  ████████ ▐███████▌ ████████         
    ████████  ████████ ▐███████▌ ████████             
tprogex
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June 21, 2014, 10:08:08 AM
 #2970

i have heard some crazy things about only comparing btc to btc on this thread... but to people who dont realize how value is determined---(just an example to make a point)lets say a car is 10,000 or 20 btc(1btc=500 for examples sake) then btc rises to where 1btc=10,000. would you still pay 20 btc for it?? if its true with larger numbers its true for smaller ones... btc roi and roi can be differnt

It is very simple. Incorporating the dollar value just confuses the profit from mining with the profit from holding.

If you buy 1 BTC, then you will always have 1 BTC. If you spend that 1 BTC for X GH/s and it mines more than 1 BTC, then you have made a profit. If it mines less than 1 BTC, you have made a loss. It doesn't matter what the dollar value is because if you mine for a profit (loss) you will have more (less) dollars than you would have had if you didn't mine.

Think of it this way: If you give me 10 BTC and then 1 year later I give you 9 BTC, who makes a profit in the transaction? I will do that deal with anyone for as much BTC as they are willing to give me, and I don't care what the dollar value is at the beginning or the end.


when I give You 1 btc and after year btc price raises 10 times and You back Me 0.9 btc I'm in profit and happy.when I give You 1 btc and btc prices dropped 10 times after a year  and You give me 2 btc I'm in lose and not happy. I think You understand what I mean and if its hard for You compare all with usd in this way Buy some btc with usd after buy ghs, when I think You can calc.
VJain
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June 21, 2014, 11:09:59 AM
 #2971

i have heard some crazy things about only comparing btc to btc on this thread... but to people who dont realize how value is determined---(just an example to make a point)lets say a car is 10,000 or 20 btc(1btc=500 for examples sake) then btc rises to where 1btc=10,000. would you still pay 20 btc for it?? if its true with larger numbers its true for smaller ones... btc roi and roi can be differnt

It is very simple. Incorporating the dollar value just confuses the profit from mining with the profit from holding.

If you buy 1 BTC, then you will always have 1 BTC. If you spend that 1 BTC for X GH/s and it mines more than 1 BTC, then you have made a profit. If it mines less than 1 BTC, you have made a loss. It doesn't matter what the dollar value is because if you mine for a profit (loss) you will have more (less) dollars than you would have had if you didn't mine.

Think of it this way: If you give me 10 BTC and then 1 year later I give you 9 BTC, who makes a profit in the transaction? I will do that deal with anyone for as much BTC as they are willing to give me, and I don't care what the dollar value is at the beginning or the end.


when I give You 1 btc and after year btc price raises 10 times and You back Me 0.9 btc I'm in profit and happy.when I give You 1 btc and btc prices dropped 10 times after a year  and You give me 2 btc I'm in lose and not happy. I think You understand what I mean and if its hard for You compare all with usd in this way Buy some btc with usd after buy ghs, when I think You can calc.

Then you're thinking of it as a USD investment, not a BTC investment. Both of you are right. But historically, buying and holding has [almost] always been better for profit.

Making Apps and Websites for people. I charge reasonable rates ($30-40/hour in BTC).
tprogex
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June 21, 2014, 12:50:59 PM
 #2972

i have heard some crazy things about only comparing btc to btc on this thread... but to people who dont realize how value is determined---(just an example to make a point)lets say a car is 10,000 or 20 btc(1btc=500 for examples sake) then btc rises to where 1btc=10,000. would you still pay 20 btc for it?? if its true with larger numbers its true for smaller ones... btc roi and roi can be differnt

It is very simple. Incorporating the dollar value just confuses the profit from mining with the profit from holding.

If you buy 1 BTC, then you will always have 1 BTC. If you spend that 1 BTC for X GH/s and it mines more than 1 BTC, then you have made a profit. If it mines less than 1 BTC, you have made a loss. It doesn't matter what the dollar value is because if you mine for a profit (loss) you will have more (less) dollars than you would have had if you didn't mine.

Think of it this way: If you give me 10 BTC and then 1 year later I give you 9 BTC, who makes a profit in the transaction? I will do that deal with anyone for as much BTC as they are willing to give me, and I don't care what the dollar value is at the beginning or the end.


when I give You 1 btc and after year btc price raises 10 times and You back Me 0.9 btc I'm in profit and happy.when I give You 1 btc and btc prices dropped 10 times after a year  and You give me 2 btc I'm in lose and not happy. I think You understand what I mean and if its hard for You compare all with usd in this way Buy some btc with usd after buy ghs, when I think You can calc.

Then you're thinking of it as a USD investment, not a BTC investment. Both of you are right. But historically, buying and holding has [almost] always been better for profit.
agree but if You talk about investments most 99% think about USD investment, I don't know any investor who does his investment calculations in gold.I agree in future may be they will calc in BTC but on that time btc price must be minimum as stable as usd price
oztusk
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June 21, 2014, 01:12:39 PM
 #2973

i have heard some crazy things about only comparing btc to btc on this thread... but to people who dont realize how value is determined---(just an example to make a point)lets say a car is 10,000 or 20 btc(1btc=500 for examples sake) then btc rises to where 1btc=10,000. would you still pay 20 btc for it?? if its true with larger numbers its true for smaller ones... btc roi and roi can be differnt

It is very simple. Incorporating the dollar value just confuses the profit from mining with the profit from holding.

If you buy 1 BTC, then you will always have 1 BTC. If you spend that 1 BTC for X GH/s and it mines more than 1 BTC, then you have made a profit. If it mines less than 1 BTC, you have made a loss. It doesn't matter what the dollar value is because if you mine for a profit (loss) you will have more (less) dollars than you would have had if you didn't mine.

Think of it this way: If you give me 10 BTC and then 1 year later I give you 9 BTC, who makes a profit in the transaction? I will do that deal with anyone for as much BTC as they are willing to give me, and I don't care what the dollar value is at the beginning or the end.


when I give You 1 btc and after year btc price raises 10 times and You back Me 0.9 btc I'm in profit and happy.when I give You 1 btc and btc prices dropped 10 times after a year  and You give me 2 btc I'm in lose and not happy. I think You understand what I mean and if its hard for You compare all with usd in this way Buy some btc with usd after buy ghs, when I think You can calc.

Then you're thinking of it as a USD investment, not a BTC investment. Both of you are right. But historically, buying and holding has [almost] always been better for profit.
agree but if You talk about investments most 99% think about USD investment, I don't know any investor who does his investment calculations in gold.I agree in future may be they will calc in BTC but on that time btc price must be minimum as stable as usd price

Dollar inflates... I calculate in gold, silver, gasoline, bread... but not fiat.

<<<   "MY DOG ATE YOUR BITCOIN"..mtGox - - "MY DOG IS EATING YOUR BITCOIN"...Antpool - - "We were drinking espresso with shots of vodka at this little cafe. My laptop was on the table. This big dog came up behind us and,.. and..." ...nicehash     ANTMINER is currently servicing 20-30% of the entire network hash rate. Enenatis. Quis interdum ac, aliquet nec est. www.bitmaintech.com Euismod risus sed, venenatis tellus. Aliquam vel. Spontaneous emission is not inherent to an emitter, but rather depends on its electromagnetic environment.        "THE DOG ATE YOUR BITCOIN"..mtGox
5ick3uffalo
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June 21, 2014, 07:45:29 PM
 #2974

Hi, i bought 10 GHS (more than 12 hours before) , maybe something went wrong because never took that long before:

tx.id: 2a5f27225cd816b184a694863c96806ef883ab67f9f5f53c07f5435c84742bb0

Order Number 1819219521809   

Thanks Smiley
whether the problems you have finished
you should wait 24 hours if your problem has not been completed you should send an email to PB or can be via PM

!Processiong can take up to 12 hours! That`s what is written (not 24 hours or more, and when it´s long overdue i am allowed to ask maybe is there problem where they can look after it)

But no problem ,it is there now and just ordered 39 GH/s more Smiley

BTC: 1Dw9feZAGSeHvaiQ55T7C92VAAXB2nVKKk
5ick3uffalo
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June 21, 2014, 08:48:00 PM
 #2975

Hi, i bought 10 GHS (more than 12 hours before) , maybe something went wrong because never took that long before:

tx.id: 2a5f27225cd816b184a694863c96806ef883ab67f9f5f53c07f5435c84742bb0

Order Number 1819219521809   

Thanks Smiley
whether the problems you have finished
you should wait 24 hours if your problem has not been completed you should send an email to PB or can be via PM

!Processiong can take up to 12 hours! That`s what is written (not 24 hours or more, and when it´s long overdue i am allowed to ask maybe is there problem where they can look after it)

But no problem ,it is there now and just ordered 39 GH/s more Smiley

OMG that was fast , below 45 Minutes  Shocked

BTC: 1Dw9feZAGSeHvaiQ55T7C92VAAXB2nVKKk
rodeoclownicp
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June 22, 2014, 05:24:13 AM
 #2976

PIZZZZZZZZZAID- first to say it four weeks in a row
rodeoclownicp
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June 22, 2014, 05:24:46 AM
 #2977

keep up the good work pb

ps- say thank you rodeo
Biomech
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June 22, 2014, 07:22:38 AM
 #2978

paid again!
Steiny217
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June 22, 2014, 10:20:45 AM
 #2979

WOOHOO, Thanks PB!

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June 22, 2014, 11:44:03 AM
 #2980

Payment received, but still, long time to go until positive ROI, and with the difficulty increase I don't know, I may collecting just dust in a few more months.
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