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raskul
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July 30, 2014, 07:06:21 AM |
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so.. tl;dr
have we got any physical evidence that PB are actually mining, yet?
got some BTC sitting and wanna do something with it.
dude- yes buy from pb he is legit- doesnt mean u will roi though- use my reference - i will give u a 60day gurantee if u use my reference- he cuts and runs in the next 60 i will cover it http://pbmining.com?ref=rodeoclownicpits roi not the legitimacy u have to worry about i'm customer number 52 and my current contracts have all broken even. I'm asking if there is physical evidence of pb mining, not for irrelevant and overeager forum whores personal referral links. Please keep your overeagerness in your pants, in future. i stated already some time ago I would not be investing any more BTC into this until there is physical evidence of mining. so, either answer my question or do not respond, it was not an invite to spam your referral links. thanks. |
tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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byt411
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July 30, 2014, 07:09:28 AM |
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so.. tl;dr
have we got any physical evidence that PB are actually mining, yet?
got some BTC sitting and wanna do something with it.
dude- yes buy from pb he is legit- doesnt mean u will roi though- use my reference - i will give u a 60day gurantee if u use my reference- he cuts and runs in the next 60 i will cover it http://pbmining.com?ref=rodeoclownicpits roi not the legitimacy u have to worry about i'm customer number 52 and my current contracts have all broken even. I'm asking if there is physical evidence of pb mining, not for irrelevant and overeager forum whores personal referral links. Please keep your overeagerness in your pants, in future. i stated already some time ago I would not be investing any more BTC into this until there is physical evidence of mining. so, either answer my question or do not respond, it was not an invite to spam your referral links. thanks. No, there is no physical evidence at all. We don't know who is behind it, and we have no proof of actual mining either. Also, thanks for pointing out how annoying Mr. Clown is, I'm glad I'm not the only one who is seeing it. I don't really care though, I'm still getting payouts, and even if it's a ponzi, there's still loads of people investing, so I will still get paid. |
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raskul
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July 30, 2014, 07:11:10 AM |
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so.. tl;dr
have we got any physical evidence that PB are actually mining, yet?
got some BTC sitting and wanna do something with it.
dude- yes buy from pb he is legit- doesnt mean u will roi though- use my reference - i will give u a 60day gurantee if u use my reference- he cuts and runs in the next 60 i will cover it http://pbmining.com?ref=rodeoclownicpits roi not the legitimacy u have to worry about i'm customer number 52 and my current contracts have all broken even. I'm asking if there is physical evidence of pb mining, not for irrelevant and overeager forum whores personal referral links. Please keep your overeagerness in your pants, in future. i stated already some time ago I would not be investing any more BTC into this until there is physical evidence of mining. so, either answer my question or do not respond, it was not an invite to spam your referral links. thanks. No, there is no physical evidence at all. We don't know who is behind it, and we have no proof of actual mining either. Also, thanks for pointing out how annoying Mr. Clown is, I'm glad I'm not the only one who is seeing it. I don't really care though, I'm still getting payouts, and even if it's a ponzi, there's still loads of people investing, so I will still get paid. thanks for answering my question. best luck. |
tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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rodeoclownicp
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July 30, 2014, 07:26:21 AM |
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you both are fucking trolling retards and u deserve each other- your question was answered dumb ass-and then i backed it up with my own btc...kinda a little more than a reference
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byt411
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July 30, 2014, 07:31:02 AM |
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you both are fucking trolling retards and u deserve each other- your question was answered dumb ass-and then i backed it up with my own btc...kinda a little more than a reference
No you did not. have we got any physical evidence that PB are actually mining, yet?
dude- yes buy from pb he is legit- doesnt mean u will roi though- use my reference - i will give u a 60day gurantee if u use my reference- he cuts and runs in the next 60 i will cover it
May I ask where is the physical evidence in your answer? You just said "yes", but you fail to link to the evidence. You didn't even bother to explain what evidence we had, you just started promoting your ref link. |
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rodeoclownicp
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July 30, 2014, 07:38:00 AM |
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you both are fucking trolling retards and u deserve each other- your question was answered dumb ass-and then i backed it up with my own btc...kinda a little more than a reference
No you did not. have we got any physical evidence that PB are actually mining, yet?
dude- yes buy from pb he is legit- doesnt mean u will roi though- use my reference - i will give u a 60day gurantee if u use my reference- he cuts and runs in the next 60 i will cover it
May I ask where is the physical evidence in your answer? You just said "yes", but you fail to link to the evidence. You didn't even bother to explain what evidence we had, you just started promoting your ref link. omfg...u are so fucking stupid-if u offer somebody a guarantee its because there is no evidence hence why i offered... i just assumed he wasnt as stupid as u... u are a fucking moron and a narc.... i have told u so many times stay the fuck away from me ... u field other peoples question like you are an employee... you are just a little tattle tale go tell your mommy dick head |
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PBmining (OP)
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July 30, 2014, 01:03:40 PM |
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So here is a question from the new kid on the block. I recently started mining at pb as well. Most of you guys started months ago and past the break even point. As the difficulty goes up is it still worth to start investing (or re-investing) or is it too late to be profitable? And this is a question just for your speculation/gut feeling, not one to discuss electricity costs as such  honest answer- no... its not.. with the low difficulty jumps u could of made up some ground when the price dropped.... but then pb stopped the price drops...every time the difficulty has gone up the price drop was less than the difficulty increase so profitability has been going down for a while... if pb does a second drop we would make up for the last increase which would just put u back where we were 2 drops ago We do not drop the price to directly match the difficulty change. There are other factors involved. If we drop the price as much as you want it to drop, then we would be selling below our own cost and that wouldn't make sense. In fact it is very unlikely we will drop below 0.029 for awhile. We all enjoyed the double price drops, but that obviously can't go on forever. |
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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Mike18feb
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July 30, 2014, 06:02:19 PM |
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Which brings us to the question: what if buying hashrate is no longer profitable? What if running all the equipment you have will start to cost more then it'll make? Obviously the difficulty can't go on forever either without serious impact sooner or later
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<||=||> 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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byt411
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July 30, 2014, 06:39:53 PM |
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Getting annoyed now. You are ineligible for the contest. Please read the rules properly, unless you lack the ability to do so.
Have a nice day.
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VJain
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July 30, 2014, 06:59:44 PM |
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I really wish when people post their referral links, they'd actually realize they need to use BB tags and not just copy/paste -_- And I really wish people just wouldn't post referral links in a thread where everyone wants referrals, and offer nothing in exchange. |
Making Apps and Websites for people. I charge reasonable rates ($30-40/hour in BTC).
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PBmining (OP)
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July 30, 2014, 07:02:46 PM |
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Which brings us to the question: what if buying hashrate is no longer profitable? What if running all the equipment you have will start to cost more then it'll make? Obviously the difficulty can't go on forever either without serious impact sooner or later
Declined profitability due to increased costs is within our control. This is why we set the prices rather than rodeoclown deciding them.  Declined profitability due to difficulty increase is out of our control. We don't know what the difficulty factor is going to do, and that's the risk we accept. Business is going great as usual, and these low difficulty adjustments are making the game a lot more interesting. |
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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BtcVegas
Newbie
 Offline
Activity: 28
Merit: 0
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July 30, 2014, 07:27:32 PM |
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This looks pretty good, should I sign up directly or use a referral?
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Mike18feb
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July 30, 2014, 07:57:30 PM |
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Which brings us to the question: what if buying hashrate is no longer profitable? What if running all the equipment you have will start to cost more then it'll make? Obviously the difficulty can't go on forever either without serious impact sooner or later
Declined profitability due to increased costs is within our control. This is why we set the prices rather than rodeoclown deciding them. Declined profitability due to difficulty increase is out of our control. We don't know what the difficulty factor is going to do, and that's the risk we accept. Business is going great as usual, and these low difficulty adjustments are making the game a lot more interesting. Aww, let rodeoclown set prices for once  I'm also grateful for the low increases, and I think that's a trend that will continue, with an exception every now and then. Still, the road to Break Evensville is getting longer and longer  |
<||=||> 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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rodeoclownicp
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July 30, 2014, 08:16:36 PM |
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Which brings us to the question: what if buying hashrate is no longer profitable? What if running all the equipment you have will start to cost more then it'll make? Obviously the difficulty can't go on forever either without serious impact sooner or later
Declined profitability due to increased costs is within our control. This is why we set the prices rather than rodeoclown deciding them. Declined profitability due to difficulty increase is out of our control. We don't know what the difficulty factor is going to do, and that's the risk we accept. Business is going great as usual, and these low difficulty adjustments are making the game a lot more interesting. Aww, let rodeoclown set prices for once I'm also grateful for the low increases, and I think that's a trend that will continue, with an exception every now and then. Still, the road to Break Evensville is getting longer and longer its 0.00000000000000000000000000000000000000000000000000000000000001 norris as in chuck norris-oh wait thats still an increase |
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marthelo
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July 31, 2014, 06:53:28 AM |
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hey i am new but i think this is what i am looking for. i have been trying to find a place where i can mine but not at my house. like somebody else does it for u but then i get the bitcoin. what do i do? what other places are like this?wis the best?
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rodeoclownicp
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July 31, 2014, 06:55:51 AM |
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hey i am new but i think this is what i am looking for. i have been trying to find a place where i can mine but not at my house. like somebody else does it for u but then i get the bitcoin. what do i do? what other places are like this?wis the best?
hey feel free to pm me. i can explain. its not my first rodeo |
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PBmining (OP)
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August 01, 2014, 04:35:08 PM |
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Yes electricity and other costs are built into our purchase price. Our 10% referral program is just icing on the cake.
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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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bigtimespaghetti
Legendary
Offline
Activity: 1652
Merit: 1057
bigtimespaghetti.com
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August 01, 2014, 08:26:04 PM |
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So what would you fellows say the 'safest' -as in most likely to at least break even- amount of hashing power to rent?
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PilotofBTC
Legendary
Offline
Activity: 1736
Merit: 1001
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August 01, 2014, 09:11:39 PM |
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So what would you fellows say the 'safest' -as in most likely to at least break even- amount of hashing power to rent?
zero! I've done the calculations and buy and HOLD is the best option given the current difficulty (which will only get higher). While I do have some GH/s at PBMining I have determined to just buy and hold $X every month, money I consider 100% at risk expecting BTC value to grow against the US$. |
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Anyayakubu
Member
Offline
Activity: 71
Merit: 10
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August 02, 2014, 01:03:30 AM |
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I think buying and holding is a good thing to do, however I don't believe that buying contracts with PB can't be both fun and profitable. I started small back on April 6, buying small amounts 25 or 30 and as weeks went on buying larger amounts 50 and a hundred and then eventually contracts of hundreds. I now own 2,000 GHS and plan on increasing more soon. The way this works out is after 22 weeks the first contracts I bought in April will have paid me back what I have paid for them. This includes all the difficulty increases as well as near future difficulty increases. I'm having a lot of fun, I am being paid more than a third of a bitcoin per week. The past eight weeks I have averaged a payment each Sunday of about $230.00 dollars. So when I read some of the post in here saying don't invest in this because you will never get your money back.
Simple math shows me that if you wait 22 weeks, you will receive back what you have paid in, worse case possible, lets say it took 26 weeks which is exactly half a year. Then even with a miserable difficulty I will still be receiving a payment each week. It may be smaller but then again bitcoin might also be much more valuable than it is right now. using my math, I am willing to bet that all of the people who bought back in March are now seeing break even on what they paid for those contracts. Another aspect of this for me is, I bought much of the bitcoin that I purchased these contracts with when it was in the 400 dollar price range, and now it's paying me back when bitcoin is in the 600 dollar range. That's my take on this, sorry it so long.
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Poll
