5ick3uffalo
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Activity: 994
Merit: 1000
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July 15, 2014, 05:15:19 PM |
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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  Congraz! Already saw it in Global Stats  Shows once again how unprofitable our Piggies are, lol. |
BTC: 1Dw9feZAGSeHvaiQ55T7C92VAAXB2nVKKk
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hawkfish007
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July 15, 2014, 05:54:54 PM |
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Congraz! Already saw it in Global Stats Shows once again how unprofitable our Piggies are, lol. Used to be on top 10 list of hashers in April with 1.5 TH, but now probably around 1000th. |
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5ick3uffalo
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Activity: 994
Merit: 1000
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July 15, 2014, 06:01:07 PM
Last edit: July 15, 2014, 06:28:34 PM by 5ick3uffalo |
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Congraz! Already saw it in Global Stats Shows once again how unprofitable our Piggies are, lol. Used to be on top 10 list of hashers in April with 1.5 TH, but now probably around 1000th. Only around 1000th with 1.5 TH/s? Not think so , think Top 500 sure but could be wrong  I am 4 places behind you hmmm I want more than you, i just need someone buying 500GH/s with my ref-link |
BTC: 1Dw9feZAGSeHvaiQ55T7C92VAAXB2nVKKk
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5ick3uffalo
Legendary
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Activity: 994
Merit: 1000
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July 15, 2014, 06:53:20 PM |
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Congraz! Already saw it in Global Stats Shows once again how unprofitable our Piggies are, lol. Used to be on top 10 list of hashers in April with 1.5 TH, but now probably around 1000th. Top 200 we are  |
BTC: 1Dw9feZAGSeHvaiQ55T7C92VAAXB2nVKKk
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kained
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Activity: 35
Merit: 0
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July 15, 2014, 10:10:10 PM |
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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: http://i60.tinypic.com/2lm5tup.jpgUntil now those 33 GH/s paid out 0.258 BTChttp://i61.tinypic.com/vzd4cm.jpg33 x 0.0075 = 0.2475 BTCPay Out until now : 0.258 BTCPositive ROI until now 0.011 BTC with about 4.5 Years left in contract That's a good method. Thanks for the info. |
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coinkita
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Activity: 46
Merit: 0
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July 17, 2014, 03:54:42 AM |
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jjwhitehead
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July 17, 2014, 02:50:20 PM |
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I'm happy with the 10gh I purchased. Testing it out. Thinking of ordering 250gh now |
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Biomech
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Activity: 1372
Merit: 1022
Anarchy is not chaos.
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July 17, 2014, 03:04:04 PM |
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I'm happy with the 10gh I purchased. Testing it out. Thinking of ordering 250gh now If you're the guy that ordered through my link, THANKS! Every little bit helps Especially if you buy that 250... |
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VJain
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July 17, 2014, 05:11:08 PM |
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Hi, I notice the PB Android app isn't worked since yesterday. Anyone know about this?
I was a bit busy, so I wasn't on the forums. How was it broken? It takes up to 1 hour to update stats. |
Making Apps and Websites for people. I charge reasonable rates ($30-40/hour in BTC).
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VJain
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July 17, 2014, 05:11:38 PM |
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I'm about to kill the old app btw  . You might want to update. |
Making Apps and Websites for people. I charge reasonable rates ($30-40/hour in BTC).
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5ick3uffalo
Legendary
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Activity: 994
Merit: 1000
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July 17, 2014, 05:35:09 PM |
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Haha i just came here to report old app not working anymore " Customer ID does not exist" Why you kill the old app  Love it! Well new one much better but don´t ask me why i liked the old version design - so simple hehe |
BTC: 1Dw9feZAGSeHvaiQ55T7C92VAAXB2nVKKk
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VJain
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July 17, 2014, 05:55:33 PM |
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Haha i just came here to report old app not working anymore " Customer ID does not exist" Why you kill the old app Love it! Well new one much better but don´t ask me why i liked the old version design - so simple hehe I had to kill it since it was another code-stream I'd have to manage, and it was built in a terrible, unscalable way. Here's a link to the latest mockups - http://imgur.com/zl24gIv - for the new design. Feedback would be nice. Link to Android App - https://play.google.com/store/apps/details?id=com.coniform.pbminIos - Will be resubmitting within the next 30 days. 3rd times the charm? |
Making Apps and Websites for people. I charge reasonable rates ($30-40/hour in BTC).
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5ick3uffalo
Legendary
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Activity: 994
Merit: 1000
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July 18, 2014, 09:57:15 PM |
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Haha i just came here to report old app not working anymore " Customer ID does not exist" Why you kill the old app Love it! Well new one much better but don´t ask me why i liked the old version design - so simple hehe I had to kill it since it was another code-stream I'd have to manage, and it was built in a terrible, unscalable way. Here's a link to the latest mockups - http://imgur.com/zl24gIv - for the new design. Feedback would be nice. Link to Android App - https://play.google.com/store/apps/details?id=com.coniform.pbminIos - Will be resubmitting within the next 30 days. 3rd times the charm? Not sure aboout the latest mockup , however in landscape mode on my Z10 the Bar is hiding my balance. That i liked more in the old version. not had to scroll down to see balance  |
BTC: 1Dw9feZAGSeHvaiQ55T7C92VAAXB2nVKKk
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rodeoclownicp
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July 19, 2014, 05:38:44 AM |
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I'm happy with the 10gh I purchased. Testing it out. Thinking of ordering 250gh now If you're the guy that ordered through my link, THANKS! Every little bit helps Especially if you buy that 250... i am so jealous - so who will win tomorrow?? |
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5ick3uffalo
Legendary
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Activity: 994
Merit: 1000
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July 19, 2014, 12:02:59 PM |
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I'm happy with the 10gh I purchased. Testing it out. Thinking of ordering 250gh now If you're the guy that ordered through my link, THANKS! Every little bit helps Especially if you buy that 250... i am so jealous - so who will win tomorrow?? me ^^ PS: Breaking: Computer Giant DELL now accepts Bitcoin http://www.coindesk.com/computer-giant-dell-now-accepts-bitcoin/ |
BTC: 1Dw9feZAGSeHvaiQ55T7C92VAAXB2nVKKk
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JennaK
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Activity: 42
Merit: 0
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July 19, 2014, 11:43:23 PM |
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I purchased .2btc worth of hashing power. Hope I eventually make my money back!
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5ick3uffalo
Legendary
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Activity: 994
Merit: 1000
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July 20, 2014, 05:40:22 AM |
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Payday! And yesss,First  |
BTC: 1Dw9feZAGSeHvaiQ55T7C92VAAXB2nVKKk
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rodeoclownicp
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July 20, 2014, 05:45:44 AM |
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omg-- i just checked
nice by the way
anyways
pizzzzzzaid
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Biomech
Legendary
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Activity: 1372
Merit: 1022
Anarchy is not chaos.
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July 20, 2014, 07:10:13 AM |
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Damn. I step out for an hour and get beat!
Paid!
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