PB Mining -- 5 year mining contracts!

[jjwhitehead]

Hey,
I signed up using a friends referral link for a contract but its not showing up under his page that I am his referral.
Can you investigate please.
My friends id - 1343
My id - 12336
Thanks.

[1714296978]

1714296978

[1714296978]

1714296978

[1714296978]

1714296978

[1714296978]

1714296978

[byt411]

Hey,
I signed up using a friends referral link for a contract but its not showing up under his page that I am his referral.
Can you investigate please.
My friends id - 1343
My id - 12336
Thanks.

Did you buy a contract? If you didn't and you just signed up, it won't show up.

[EveryDayHODLing]

The calculation includes other factors, which in this case was not enough to budge it from 0.003.  
If you don't like the price, there is a large list of alternatives you are more than free to try out.  

Nope, you folks have the best price and I think you know it.  

In all honestly, I was just holding off a week before buying more GHz. I took your "automatic price adjustment" to heart, and was hoping for a small dip. (Okay, yeah, I'm greedy. Guilty as charged.) When the price didn't go down, I just thought I'd ask for a clarification.

edit: Technically, there was a price drop resulting from the systems calculation, but the amount was so small that it still rounded to 0.003

Technically, your price for the minimum 10 GHz is 0.03007261. It doesn't look like you're rounding at all, which is why I asked.

edit #2: It's also very interesting that your login time is only 3 minutes apart from user "lunamine", and I only checked this because I had already suspected it.  Not sure what kind of tactic you're trying to use --  mind sharing?

Just a customer hoping to get a good price and good service. I'm getting the first, but I'm a little put off by your tone when it comes to the second.

[jjwhitehead]

Yes i bought a contract for 10gh

[5ick3uffalo]

Hey,
I signed up using a friends referral link for a contract but its not showing up under his page that I am his referral.
Can you investigate please.
My friends id - 1343
My id - 12336
Thanks.

Did you buy a contract? If you didn't and you just signed up, it won't show up.

He did:

https://www.dropbox.com/s/ye7udxlcdql4oh9/IMG_20140714_173217.png

My guess is he didn`t use the ref-Link correctly from User 1343, because the Ref-System is working it seems.

Because someone bought 23 GH/s and i got 2.3 GH/s

13-07-2014   Customer # 18208   23 GHs   2.3 GHs

edit: Just saw 13th was yesterday, today not sure. We can test it now, someone sign up and buy 1000 GH/s using my ref-link

[PBmining]

Technically, your price for the minimum 10 GHz is 0.03007261. It doesn't look like you're rounding at all, which is why I asked.

That "7261" you are seeing has nothing to do with the systems price.  It's the last 4 digits of your customer #.  

[PBmining]

Hey,
I signed up using a friends referral link for a contract but its not showing up under his page that I am his referral.
Can you investigate please.
My friends id - 1343
My id - 12336
Thanks.

Did you buy a contract? If you didn't and you just signed up, it won't show up.

Please contact support at admin@pbmining.com
Our tech will respond within 24 hours.

[EveryDayHODLing]

Technically, your price for the minimum 10 GHz is 0.03007261. It doesn't look like you're rounding at all, which is why I asked.

That "7261" you are seeing has nothing to do with the systems price.  It's your customer #.

Whoah! Good to know. I hope that's proof enough that I'm a paying customer and not some rival cloudmining shill. 

I guess that means I just doxxed myself on the global stats, too...

I'll take my GHz @ .003 and shaddap I guess.

[AirC]

Currently ASIC hardware efficiency is around 1w per GH/s, things like Terraminers much worse anyway so anyway 1w per GH/s... 1000GH/s = 1TH/s at PB's current price around $2000 ($2 per GH/s)...

1w per GH/s for how long?

If it is 1w per GH/s and 1w is .001 kwh at .10 = .0001 per GH/s in electricity costs?

1000GH/s = 1000w x 87600hours (10years) = 87600 kwh x .10 = $876 / 1000 = .876cents per GH/s for electricity.

Also, cloudhashing is going to be selling contracts at $1.99 per GH/s starting aug 1. Are you saying that doesn't even cover the electricity for the year of the contract?

1w per GH/s for how long? Doesn't make sense as a reply question... we know how long it's supposed to be 5 year contracts, why are you talking about 10years ?

1w per GH/s is the efficiency of the hardware, 1w of electricity per GH/s...

Sooooo 1000GH/s uses 1000w (1Kw)... 1TH/s would use 1KW  

1Kw at $0.10 per Kwh (Washington price) run for 5 years is over $4000 FACT.

FOR ELECTRICITY ALONE. There is no such thing as free data centers and hardware to go along with that.

It should be called PB mysterious payouts not 'mining' because they are not. Maths is quite well respected it's running the computer your reading this on and it clearly proves the utter impossibility to mine for 5 years with no further fees at $2 per GH/s.

This is spot on. But you know what?

Most wont care as long they get btc as they were promised lol.

[BitBoy900]

Currently ASIC hardware efficiency is around 1w per GH/s, things like Terraminers much worse anyway so anyway 1w per GH/s... 1000GH/s = 1TH/s at PB's current price around $2000 ($2 per GH/s)...

1w per GH/s for how long?

If it is 1w per GH/s and 1w is .001 kwh at .10 = .0001 per GH/s in electricity costs?

1000GH/s = 1000w x 87600hours (10years) = 87600 kwh x .10 = $876 / 1000 = .876cents per GH/s for electricity.

Also, cloudhashing is going to be selling contracts at $1.99 per GH/s starting aug 1. Are you saying that doesn't even cover the electricity for the year of the contract?

1w per GH/s for how long? Doesn't make sense as a reply question... we know how long it's supposed to be 5 year contracts,
why are you talking about 10years ?

1w per GH/s is the efficiency of the hardware, 1w of electricity per GH/s...

Sooooo 1000GH/s uses 1000w (1Kw)... 1TH/s would use 1KW  

1Kw at $0.10 per Kwh (Washington price) run for 5 years is over $4000 FACT.

FOR ELECTRICITY ALONE. There is no such thing as free data centers and hardware to go along with that.

It should be called PB mysterious payouts not 'mining' because they are not. Maths is quite well respected it's running the computer your reading this on and it clearly proves the utter impossibility to mine for 5 years with no further fees at $2 per GH/s.

This is spot on. But you know what?

Most wont care as long they get btc as they were promised lol.

And this is all said to prove what?
Some just want btc, some uses it to build their own labs.
So I ask what are you really trying to prove or do.
Don't like it, don't use it.

[5ick3uffalo]

You all think too much

For me the Calculation is/was simple.

Buying Hardware and mine myself with 0.27 Euro /Kwh or pay little bit more per GH/s and not pay electric for mining.

All other stuff is not my business and i´m sure PB Mining knows better than me hobby BTC`ler

AND i am not sure if i would like running a dozen ANT Miners in my 3 room Apartment.

Heat, Dust, Stress, Noise

I am mining, yes i do. But just for the Funny and only because my Gridseeds run fan-less , nearly no electric and yes, they look great 

[testerman]

You all think too much

For me the Calculation is/was simple.

Buying Hardware and mine myself with 0.27 Euro /Kwh or pay little bit more per GH/s and not pay electric for mining.

All other stuff is not my business and i´m sure PB Mining knows better than me hobby BTC`ler

AND i am not sure if i would like running a dozen ANT Miners in my 3 room Apartment.

Heat, Dust, Stress, Noise

I am mining, yes i do. But just for the Funny and only because my Gridseeds run fan-less , nearly no electric and yes, they look great 

i agree with you man, cloud mining has lots of advantages, no heat, no dust, no noise, no maintanance..

[kained]

Is it at all possible to check your purchase history?  As in, how much you paid for GH?

[jjc326]

I've been looking at buying hash power and I can figure out how much I can earn but how do you account for fees etc.?  As in, will this be profitable and how long and under what conditions will I break even?  Thanks if anyone can point me in the right direction.

[5ick3uffalo]

Is it at all possible to check your purchase history?  As in, how much you paid for GH?

As far as i know: Nope.

I sometimes make Screenshots of current prize when i bought GH/s. Example

Back in March this year when i bought this 33 GH/s Prize was:




Until now those 33 GH/s paid out 0.258 BTC






33 x 0.0075 = 0.2475 BTC

Pay Out until now : 0.258 BTC


Positive ROI until now 0.011 BTC with about 4.5 Years left in contract

[hawkfish007]

I've been looking at buying hash power and I can figure out how much I can earn but how do you account for fees etc.?  As in, will this be profitable and how long and under what conditions will I break even?  Thanks if anyone can point me in the right direction.

I started with 200 GHs at the end of March, and by the end of April I had close to 1500 GH at PB. Total spent ~11 btc, so far I have received 10.2 btc back. By looking at this calculator, I will be getting about 4.3 btc more at $620/btc by the end of next June https://tradeblock.com/mining/a/05bd85eb63 . 

[5ick3uffalo]

And you know what, an Moderator (User: phantastisch) from here in german Sub-Forum gave me negative Rating because i would advertise (lol) unprofitable Cloud Mining. (was just speaking about Piggyback Mining)

Haha he better listened to me  

[jjc326]

I've been looking at buying hash power and I can figure out how much I can earn but how do you account for fees etc.?  As in, will this be profitable and how long and under what conditions will I break even?  Thanks if anyone can point me in the right direction.

I started with 200 GHs at the end of March, and by the end of April I had close to 1500 GH at PB. Total spent ~11 btc, so far I have received 10.2 btc back. By looking at this calculator, I will be getting about 4.3 btc more at $620/btc by the end of next June https://tradeblock.com/mining/a/05bd85eb63 .  

So a year of "expected" price action and difficulty increases will net you about $2500 in a year?

How did you do this - were you constantly reinvesting in more cloud mining hash or were you pumping new money in (for the last 4 months)?

[hawkfish007]

I've been looking at buying hash power and I can figure out how much I can earn but how do you account for fees etc.?  As in, will this be profitable and how long and under what conditions will I break even?  Thanks if anyone can point me in the right direction.

I started with 200 GHs at the end of March, and by the end of April I had close to 1500 GH at PB. Total spent ~11 btc, so far I have received 10.2 btc back. By looking at this calculator, I will be getting about 4.3 btc more at $620/btc by the end of next June https://tradeblock.com/mining/a/05bd85eb63 .  

So a year of "expected" price action and difficulty increases will net you about $2500 in a year?

How did you do this - were you constantly reinvesting in more cloud mining hash or were you pumping new money in (for the last 4 months)?

Like I said, I started small with 200 GH, after receiving weekly payouts for a couple of weeks, I increased my hash rate to 1500 GH the following month. Stopped pumping money in after that. I may reinvest again when I get my investment back which is only 2 payouts away 

[5ick3uffalo]

I started with 33 GH/s middle of march and own 2 TH/s soon

Did this with re-investing , mining (Altcoins to Bitcoins) and purchasing BTC when price was/is low to buy more GH/s.

Think he did same