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Author Topic: PB Mining -- 5 year mining contracts!  (Read 378866 times)
fractal02
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June 22, 2014, 02:36:36 PM
 #2981

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.

Yep...still a long road to positive ROI...
And the diff is skyrocketting at the moment...
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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damiano
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103 days, 21 hours and 10 minutes.


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June 22, 2014, 02:42:04 PM
 #2982

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.

Positive ROI with cloud mining is impossible unless you got it at a lower price than what they paid.
fractal02
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June 22, 2014, 03:10:38 PM
 #2983

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.

Positive ROI with cloud mining is impossible unless you got it at a lower price than what they paid.


Well... time will tell me if you are right or wrong (if wrong it will be the hard way Smiley ).
At today, i'm at 78% of my ROI after 3 month.
byt411
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June 22, 2014, 03:13:01 PM
 #2984

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.

Positive ROI with cloud mining is impossible unless you got it at a lower price than what they paid.


This statement is incorrect, since I have already reached 100% ROI and I am already profiting.
silversurfer1958
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June 22, 2014, 03:17:59 PM
 #2985

I imagine that what is needed is for Bitcoin to go down in price so that more BTC can be accumulated then for it to go up in price so we can profit from it.
The same shroud be true of alt coin mining, yo want to mine alt coins while BTC price is low so BTC are easier to buy and you get more for your money, then wait for them to go up in price. Perhaps keeping hold of a few altcoins which you think might also do well in the future.

oztusk
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June 22, 2014, 05:01:46 PM
 #2986

Pb prices are not like the early days.
Yes, price goes down, but difficulty is going up faster..
At present prices you are sure to lose 30% of your outlay.
Its getting like cex around here.
Last diff up 14.5%...
Last price drop 10%..


Actual  price/yield ratio is up 70.66% since february.

<<<   "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
PBmining (OP)
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June 22, 2014, 05:20:37 PM
Last edit: June 22, 2014, 06:30:12 PM by PBmining
 #2987

We will do our best to increase the competitiveness of our prices.  Also keep in mind that there are usually two price drops during a difficulty period, sometimes more.  You just need to get in at an optimal time, and sometimes that's hard to predict.  If we lower our prices too much we could go out of business with overhead costs.  Perhaps wait to see how this difficulty storm plays out?  Nothing wrong with waiting for a better price..  As we become more effective with power costs, that will be another reason to lower prices again.

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!
Kashim
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June 22, 2014, 05:21:30 PM
 #2988

diff wont go up so fast since asics life rates are approx 2 years in 24/7 use. Cheesy
byt411
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June 22, 2014, 05:34:28 PM
 #2989

Pb prices are not like the early days.
Yes, price goes down, but difficulty is going up faster..
At present prices you are sure to lose 30% of your outlay.
Its getting like cex around here.
Last diff up 14.5%...
Last price drop 10%..


Actual  price/yield ratio is up 70.66% since february.


Actually, it's not going like cex.io. Difficulty is going up, and prices have started to go up there too.
5ick3uffalo
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June 22, 2014, 07:00:06 PM
Last edit: June 22, 2014, 07:46:57 PM by 5ick3uffalo
 #2990

My first 30GHS i bought in March made 0.23580233 btc so far. (cant remember the correct price per GHS back then but its damn close to break even it seems. was it 0.008?)
If btc jump from 600 to 1000 , all good. Just matter of time, everyone wants to jump ship but there is limited supply.



Ordered 75 GHS more Smiley

BTC: 1Dw9feZAGSeHvaiQ55T7C92VAAXB2nVKKk
rodeoclownicp
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June 22, 2014, 08:59:38 PM
 #2991

Pb prices are not like the early days.
Yes, price goes down, but difficulty is going up faster..
At present prices you are sure to lose 30% of your outlay.
Its getting like cex around here.
Last diff up 14.5%...
Last price drop 10%..


Actual  price/yield ratio is up 70.66% since february.


DITTO - THE PRICE DECREASe WOULD HAVE TO EQUAL DIFFICULTY INCREASE TO BE OFFSET - so older miners and there opinions and there roi would belong in a different thread- it is not even relate-able... you can still turn a profit in the red you just have to hit on both ends... get your gh while conversion is low and get payout or hold your payout till btc is back up... if u need help, running numbers or making sense of it feel free to contact me
vipgelsi
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June 23, 2014, 01:30:00 AM
 #2992

Thanks for the payment. Pb
drpra
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June 23, 2014, 08:05:18 AM
 #2993

Hello,

as I recently invested in a PBMining contract I've create a simple profitability calculator. It allows you to balance your investment based on your difficulty increase rate estimation. Also it allows you to take into account re-investments of your earnings at a given rate (0-100%).

http://pratscher.org/pbmining/a.png

Check it out & I would be happy to get some feedback on the functionality: http://pratscher.org/pbmining/

Thanks!
fractal02
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June 23, 2014, 02:31:53 PM
 #2994

Hello,

as I recently invested in a PBMining contract I've create a simple profitability calculator. It allows you to balance your investment based on your difficulty increase rate estimation. Also it allows you to take into account re-investments of your earnings at a given rate (0-100%).



Check it out & I would be happy to get some feedback on the functionality: http://pratscher.org/pbmining/

Thanks!

Thank you !

Nice...
I'm going to try some scenarios on your profit calculator Wink
tprogex
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June 23, 2014, 03:33:54 PM
 #2995

We will do our best to increase the competitiveness of our prices.  Also keep in mind that there are usually two price drops during a difficulty period, sometimes more.  You just need to get in at an optimal time, and sometimes that's hard to predict.  If we lower our prices too much we could go out of business with overhead costs.  Perhaps wait to see how this difficulty storm plays out?  Nothing wrong with waiting for a better price..  As we become more effective with power costs, that will be another reason to lower prices again.
I like You style in business.
jonsi
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June 23, 2014, 03:59:34 PM
 #2996

Hello,

as I recently invested in a PBMining contract I've create a simple profitability calculator. It allows you to balance your investment based on your difficulty increase rate estimation. Also it allows you to take into account re-investments of your earnings at a given rate (0-100%).



Check it out & I would be happy to get some feedback on the functionality: http://pratscher.org/pbmining/

Thanks!

According to this if you reinvest any part of your earnings you will be at a loss, unless you are very optimistic about the difficulty increase and the price drops from PB.
mahowi
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June 23, 2014, 05:08:12 PM
 #2997

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.

Positive ROI with cloud mining is impossible unless you got it at a lower price than what they paid.


Well... time will tell me if you are right or wrong (if wrong it will be the hard way Smiley ).
At today, i'm at 78% of my ROI after 3 month.

Me too.  Smiley I will see if I get the other 22% to make a profit.

DRK: Xeojbw5gDNtvCbUK7VXaDqfyNU29ahqavB
BTC: 1K5hJ1wiRJ9mAWwn9pLzjst18jTa1benHT
LTC: LiUgyndo4sibahGEyuw8ymphciaq7tbS9a
fractal02
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June 23, 2014, 06:05:54 PM
 #2998

Me too.  Smiley I will see if I get the other 22% to make a profit.

Well...for the moment i wait until my ROI for a re-investment...
But i think this will happen in 3 or maybee more month with the diff skyrocketting at the moment...
drpra
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June 23, 2014, 06:12:20 PM
Last edit: June 23, 2014, 06:54:03 PM by drpra
 #2999

Hello,

as I recently invested in a PBMining contract I've create a simple profitability calculator. It allows you to balance your investment based on your difficulty increase rate estimation. Also it allows you to take into account re-investments of your earnings at a given rate (0-100%).

http://pratscher.org/pbmining/a.png

Check it out & I would be happy to get some feedback on the functionality: http://pratscher.org/pbmining/

Thanks!

According to this if you reinvest any part of your earnings you will be at a loss, unless you are very optimistic about the difficulty increase and the price drops from PB.

Well, it depends at which point you stop your re-investment. If the difficulty raises faster than the price decrease from PBMining you will make a loss, otherwise a profit.

I also added the functionality to stop re-investment after a certain period. This allows one to find the best time to stop re-investing money and cash out.
androhide
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June 24, 2014, 01:19:13 AM
 #3000

What should i do if my pbmining account was hacked?
I tried to reset password from login page but got no reply to my email.
I don,t get my payment last time.
Maybe my wallet address was changed by the hacker.
I try to email admin and not replied yet...
 Cry
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