PB Mining -- 5 year mining contracts!

[BitBoy900]

Do we have any idea when ordering will be available again?  I want to move all my bitcoins from CEX to PB asap, plus I've got several investors interested too.

I need the same info.

[1715498848]

1715498848

[1715498848]

1715498848

[jseppeli]

looks like there is more GHs available now

[kalongking]

"And this little piggy went hashing!"
Entry #27
1KeXSYczd3yroseTg8dsSR2PjLYnDBfSuZ
 

[niktitan132]

Just bought 2 Ghs,to test this out! 

Later,i will buy more! Cheap price. 

[oztusk]

you are up around 30 terrahash/s now, congrats.
ive been wondering.... what type of mining equip are you using?

[highcloug12]

Hi everybody! Could someone please tell me what is the best and easiest place to buy BTC at (for USDollars)? It isn't an offtop because I just need to purchase more BTC to buy the service you are discussing here on these pages Thank you.

[j3steven]

@highcloug I have used and trust Coinbase.com , widely trusted from my opinion too

@PBmining......got some more contracts to sell i see? 

[ghur]

you are up around 30 terrahash/s now, congrats.
ive been wondering.... what type of mining equip are you using?

They're not using any.
The reason they can add so much hashing power this fast and this cheap is because it's a ponzi scheme.

[ajw7989]

you are up around 30 terrahash/s now, congrats.
ive been wondering.... what type of mining equip are you using?

They're not using any.
The reason they can add so much hashing power this fast and this cheap is because it's a ponzi scheme.

I hope its not a ponzi scheme but so far payments have been coming weekly for a month straight for me. Support is also very quick and prompt

[Wattda]

I got a email from blockchain saying:
Wallet Backup
Attached to this email is an AES encrypted wallet backup which contains everything you need to restore your bitcoin balance. You can use it to restore the wallet at anytime at My Wallet or using the 3rd party MultiBit Desktop client.
 does anyone know anything about that site?

[Aphelion27]

I calculate break even at 87 days at constant payout from the stats on the PBmining page assuming all the balances are 1 day totals.  I know a lot of assumptions there, but anyone else have better calculation of break even?


Will payouts approach zero as difficulty rises?  5 years is a long time to plan for payouts.

[j3steven]

I calculate break even at 87 days at constant payout from the stats on the PBmining page assuming all the balances are 1 day totals.  I know a lot of assumptions there, but anyone else have better calculation of break even?


Will payouts approach zero as difficulty rises?  5 years is a long time to plan for payouts.

I put it a little longer than that because of difficulty increasing, probably around 125 days is what I've calculated.  I mainly use this website for mining profitablity (http://bitcoinwisdom.com/bitcoin/calculator) but will use other calculators out there from time to time just to verify it's somewhat in line.

I enter a 0 for pool fees, electricity costs, hardware costs and setup costs etc.  I personally assume the difficulty will increase 15% (after 2016 blocks) but that number is up for debate, some people say less and Ive seen a lot of people assume between 20-30%.

As for payouts approach zero.....yes, unless you buy more hash or difficulty goes down.

[Wattda]

you are up around 30 terrahash/s now, congrats.
ive been wondering.... what type of mining equip are you using?

They're not using any.
The reason they can add so much hashing power this fast and this cheap is because it's a ponzi scheme.

I hope its not a ponzi scheme but so far payments have been coming weekly for a month straight for me. Support is also very quick and prompt

That is a reasonable question..., I too would like to know what type of equipment are you guys using and how are you able to get more hashing power so fast?

respectfully
Wattda

[BaalMcKloud]

I got a email from blockchain saying:
Wallet Backup
Attached to this email is an AES encrypted wallet backup which contains everything you need to restore your bitcoin balance. You can use it to restore the wallet at anytime at My Wallet or using the 3rd party MultiBit Desktop client.
 does anyone know anything about that site?

it is normal when you change something on your blockchain wallet
( generate a new adress or when you archive a adress )

[BaalMcKloud]

you are up around 30 terrahash/s now, congrats.
ive been wondering.... what type of mining equip are you using?

They're not using any.
The reason they can add so much hashing power this fast and this cheap is because it's a ponzi scheme.

I hope its not a ponzi scheme but so far payments have been coming weekly for a month straight for me. Support is also very quick and prompt

That is a reasonable question..., I too would like to know what type of equipment are you guys using and how are you able to get more hashing power so fast?

respectfully
Wattda

the only i can say is that he is mining on eligius with this address... http://eligius.st/~wizkid057/newstats/userstats.php/1PBMyo8kLhwtxKdNwSdjwvA377D6M5EgzS

but i think that he is mining on different addresses since the name is ( #3 merged with #6, out at Mel. )

[steyehn]

thanks micro

[oztusk]

ive assuming 18% as a difficulty increase
i think 15 might be a little low, and am pretty sure 30 is too high.
at 23.5% profits approach zero.
anyone who has an opinion as to the 18% figure, please post.

[RyanK]

Is there work being done on the site right now that is stopping me from entering?

[oztusk]

i have no problem logging in

[LavaWave]

Is there work being done on the site right now that is stopping me from entering?

Its down for me as well.