PB Mining -- 5 year mining contracts!

[raskul]

groovy, i should have enough for another couple of GH this week, just before difficulty goes up.
everyone ready for the big one next time?? 

[LavaWave]

Payments today will be lumped together as 1 per customer.  A few customers will receive 2 separate payments because of a small bug that is still being ironed out, but we feel that overall this is a big improvement to our payout procedure.  This will also decrease the transactions from about 2500 down to 800.  

Theoretically, everyones "paid out" amount in their profile should be exactly the same as their actual single payout but if there are any issues please let me know.

Yes this is good news! Last week they consolidated 4 of my contracts down to 2. To simplify things for me, 1 payment is even better!

[jamieb81]

groovy, i should have enough for another couple of GH this week, just before difficulty goes up.
everyone ready for the big one next time?? 

you can also wait that difficulty goes up and buy after, cause every time diff goes up, contract price goes down

[5ick3uffalo]

groovy, i should have enough for another couple of GH this week, just before difficulty goes up.
everyone ready for the big one next time?? 

you can also wait that difficulty goes up and buy after, cause every time diff goes up, contract price goes down

But waiting means the GH/s are not mining ^^

[raskul]

groovy, i should have enough for another couple of GH this week, just before difficulty goes up.
everyone ready for the big one next time?? 

you can also wait that difficulty goes up and buy after, cause every time diff goes up, contract price goes down

maybe not this time, as they have already reduced the price. I don't mind, it's still an OK price for me.
I've been saying for long enough though... we'll be seeing a 40% diff-up pretttttttty sooooooon  

[ml73]

Blaah.....18% estimated difficulty rise

[raskul]

Blaah.....18% estimated difficulty rise

big stuff being shipped this coming week. what we're seeing now is a very conservative estimate. with only a few hours to go till change, it'll be ~20%+
once these new rigs are delivered and configured, we can expect a monster of a jump. did you see the knc datorhall pics in the KnC thread? scary.

sorry. OT. but relevant - I see PBMining as the perfect way for us little folk to ensure we keep in the game, i'm ploughing every last BTC I mine back into PB Mining while the price drops... and i'll keep doing so, as long as PBMining exist.

ADD: as the saying goes... if you can't beat them....

[ml73]

I hope that ur not right...quite scary vision 

[jamieb81]

Yeah so many huge power monsters coming out this summer / end of the year..

I dont know if we little people will be able to enjoy the fun of mining at home anymore..

[ml73]

I think....cloudmining is the future of bitcoin mining...

[raskul]

Yeah so many huge power monsters coming out this summer / end of the year..

I dont know if we little people will be able to enjoy the fun of mining at home anymore..

thankfully, I've managed to get free hosting in a data centre for my rig... I only have ~200GH, with another 800GH coming when hashfast get their fingers out, but with the d/c i'll be using it will ensure I can keep mining and not pay electric costs - allowing my old 130nm blades to keep going even when they would be costing more than they would to run (in about 2 weeks from now) on residential electric costs. my 65nm bfl won't be far off that, if difficulty rises as i expect it to.

again, PBMINING, thank you for an excellent means to allow those for whom bitcoin was intended, the chance to keep supporting bitcoin, as it was intended.

[jamieb81]

I think....cloudmining is the future of bitcoin mining...

yes it is.

I hope that we little ones we can still enjoy some homegrown mining of other crypto coins even with those monsters

[ml73]

...and lets hope pbmining is here to stay...   

[raskul]

I think....cloudmining is the future of bitcoin mining...

yes it is.

I hope that we little ones we can still enjoy some homegrown mining of other crypto coins even with those monsters

I may just keep my 55GH bfl at home for this purpose... quite enjoying gathering SHACoin with it, before it's PoS kicks in.

[jamieb81]

I think....cloudmining is the future of bitcoin mining...

yes it is.

I hope that we little ones we can still enjoy some homegrown mining of other crypto coins even with those monsters

I may just keep my 55GH bfl at home for this purpose... quite enjoying gathering SHACoin with it, before it's PoS kicks in.

yes I think the best is to keep it until the diff hits hard

[raskul]

I think....cloudmining is the future of bitcoin mining...

yes it is.

I hope that we little ones we can still enjoy some homegrown mining of other crypto coins even with those monsters

I may just keep my 55GH bfl at home for this purpose... quite enjoying gathering SHACoin with it, before it's PoS kicks in.

yes I think the best is to keep it until the diff hits hard

if I send it to the d/c chances are I'll just set it up to mine BTC and leave it. I'll have remote access tho so probably a better idea just to include it with the rest of the rig.

[raskul]

OT.

we are seriously going off topic.

PBMining, how about you set up an IRC for us loyal customers on your new site?

 

[apsvinet]

I think....cloudmining is the future of bitcoin mining...

Cloud mining is great but there's always a risk involved about companies dissapearing etc.
It looks like PB mining is here to stay though, which I really like.

[jamieb81]

I think....cloudmining is the future of bitcoin mining...

Cloud mining is great but there's always a risk involved about companies dissapearing etc.
It looks like PB mining is here to stay though, which I really like.

true tue, we dont want to get goxed, but that's also possible with a pool or an exchange etc..

[5ick3uffalo]

OT.

we are seriously going off topic.

PBMining, how about you set up an IRC for us loyal customers on your new site?

 

Not like the Chats.

Most they are abused to spam and scam here scam there bla bla.

Think this forum is enough to keep in touch.

Or you mean a customer only chat?

(But then again trolls own 0.1 or 1GH/s to spam the chat and talk bs)