PB Mining -- 5 year mining contracts!

[dimiro]

This weeks payment 

[1714228086]

1714228086

[1714228086]

1714228086

[1714228086]

1714228086

[1714228086]

1714228086

[Muhammed Zakir]

Got the payment, thanks! The payment is reducing because of the increase in difficulty. I wonder what we will get after 1 month?

  ~~MZ~~

[vipgelsi]

Got the payment, thanks! The payment is reducing because of the increase in difficulty. I wonder what we will get after 1 month?

  ~~MZ~~

http://www.coindesk.com/bitcoin-mining-can-longer-ignore-moores-law/

[Armed]

0.06~ recieved, payment was really quick. Cheers, keep up the good service!

[5ick3uffalo]

Got the payment, thanks! The payment is reducing because of the increase in difficulty. I wonder what we will get after 1 month?

  ~~MZ~~

Not so easy to predict exactly . When btc prize back to 1000$ in 1 month i don´t care difficult jumps

Not long time before i got >1 BTC per Month, now it´s down to 0.21 per week.


But i knew before and i´m glad i choosed PB Mining back in march.

[vipgelsi]

Thanks pb for another payment.

[thirdprize]

Is PBMining actually going to invest in any new mining gear?  My payments are going down and down, so the only way to get them up would to be for some more Thz to come on line.  If not, what are you doing with all the new members money?

[jseppeli]

Is PBMining actually going to invest in any new mining gear?  My payments are going down and down, so the only way to get them up would to be for some more Thz to come on line.  If not, what are you doing with all the new members money?

It doesn't matter how much power pbmining has. It is what you have bought that counts
If you want larger weekly payouts then buy some more GHs from pbmining

[Flep182]

Is PBMining actually going to invest in any new mining gear?  My payments are going down and down, so the only way to get them up would to be for some more Thz to come on line.  If not, what are you doing with all the new members money?

It's quite straightforward. You want more payout, then buy more Ghs. Reinvesting part of the earnings is smart as long as you keep ROI in view. I'm now waiting for ROI and then adding another batch of Gh/s.

[vipgelsi]

When difficulty goes up you make less btc its a no brainer. If it bothers you add more hashpower to keep up.

[byt411]

When difficulty goes up you make less btc its a no brainer. If it bothers you add more hashpower to keep up.

What he is expecting and thinking is that PBMining will offer a double hashrate thing, so that his earnings go up.
He obviously didn't do his work before investing in bitcoin.

[snowcrawl]

Actually, this past payout was the very best I've seen in a while.  That is in the sense that the decrease from the previous week was the smallest we've had in quite a while.  That ought to put things in perspective.  We hope to see that happen more often, because eventually the payout will go down to the level of bitcoin dust.

[Netwerked]

Actually, this past payout was the very best I've seen in a while.  That is in the sense that the decrease from the previous week was the smallest we've had in quite a while.  That ought to put things in perspective.  We hope to see that happen more often, because eventually the payout will go down to the level of bitcoin dust.

What you say is true, but there is a logical reason for it.

Difficulty changes every 2016 blocks.  In a perfect world, a block is discovered every 10 minutes, so difficulty changes every 14 days.  If difficulty is rising at 10%, then a block is discovered roughly every 9 minutes.  2016 * 9 minutes = 18,144 minutes or 302 hours or difficulty increases 12.6 days.

A payout and difficulty change both happened right around August 31.  The next difficulty change happened a few hours before the September 14th difficulty change.  This would result in a very small decrease between the Sep 7 and Sep 14 payouts.  You can expect the next payout to be about 8.5% less.

To put things in perspective, 18 months ago we measured our mining capacity in megahashes.  About 10 months ago, gigahashes became the standard.  Now you need to have some terahashes to get any serious income.  Your payments will only turn to dust if you don't increase your mining capacity.

[vipgelsi]

When difficulty goes up you make less btc its a no brainer. If it bothers you add more hashpower to keep up.

What he is expecting and thinking is that PBMining will offer a double hashrate thing, so that his earnings go up.
He obviously didn't do his work before investing in bitcoin.

lol and maybe he will also buy him dinner.

[dimiro]

Payment received

[testerman]

today is a good day, cause it is payday

[cj92]

Payment Received!  Thanks PBMining!!!.. 

[Mike18feb]

Saying any good ROI goodbye because of growing difficulty is the same as dumping your Bitcoin low because price has dipped. You might be right for now. But only for now.

[alani123]

What's up with that?
https://www.reddit.com/r/Bitcoin/comments/2h0nht/seems_like_coinbase_is_broken/

False coinbase transaction notifications coming from PBmining addresses?

[n2004al]

What's up with that?
https://www.reddit.com/r/Bitcoin/comments/2h0nht/seems_like_coinbase_is_broken/

False coinbase transaction notifications coming from PBmining addresses?

I received 4 anouncements from coinbase today about bitcoins arrived to my wallet but when I opened my wallet there was nothing there.