btcminer84
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April 06, 2014, 11:55:07 PM |
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5ghs that i got for free , somebody bought them for me . 5 GH/s (0,032 BTC) ? If you got it or bought it today, this is 0.02588584 BTC in 1-2 years of "fake mining" using PBMining. OMG, you are sooooo rich.
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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locopao
Legendary
Offline
Activity: 910
Merit: 1000
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April 06, 2014, 11:57:02 PM |
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Gonna throw it out there that I'm customer #21, have been part of PB for a good couple of months now and I have actually got to the point now where I am making profit. Rapidly declining profit yeah but profit all the same.
As i can see you have a paid out of 0.02136423 with 2 GH How long have you been there? Do you remember how much did you pay?
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btcminer84
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April 07, 2014, 12:02:51 AM Last edit: April 07, 2014, 12:43:13 AM by btcminer84 |
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How long have you been there? Do you remember how much did you pay?
Am sure he paid 0.013 BTC (1 GH/s).
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h3rlihy
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April 07, 2014, 12:18:21 AM |
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My mistake. Sorry to confuse everyone. I'm customer #23. My username is on the global stats!
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btcminer84
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April 07, 2014, 12:20:52 AM Last edit: April 07, 2014, 12:32:20 AM by btcminer84 |
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You told us your # 21 (now # 23 ), but how big was your invest for the 2 GH/s? Am sure it was 0.026 BTC. The point is. A profit ROI is not possible using PBMining service. The price is too expensive per GH/s, so there is never a ROI for the customer.
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h3rlihy
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April 07, 2014, 12:25:51 AM |
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I paid BTC1.3 for 100gh/s very near the beginning. I got a further 20 gh/s from referrals. My payout has now added up to a total of BTC1.34014644
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h3rlihy
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April 07, 2014, 12:28:18 AM |
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Although theoretically I have still lost money with the price of bitcoin going down the toilet over the last three months.
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btcminer84
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April 07, 2014, 12:30:09 AM |
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So, to get ROI, you need to play the PONZI-Game of PBMining. LOL. What about customers, who not advertise for PBMining using referral spam links? Although theoretically I have still lost money ...
Theoretically or as a matter of fact (without refer shit)?
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clickerbox
Newbie
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Activity: 2
Merit: 0
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April 07, 2014, 01:55:40 AM Last edit: April 07, 2014, 02:13:11 AM by clickerbox |
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well, I don't have much in the way of referrals myself to be honest, I'm just using PBMining to make sure that I keep up with the current rising difficulty trends. Is it strange that I yearn for the next block-halving. Last time it occurred, I was like, damn, this is the end. Errrr, now I see, it was only the beginning. it's... The Curious Case of Benjamin Bitcoin Nah I don't have any referrals, A buddy referred me and he is reaping the rewards haha. I'm playing catch up, at around 50Gh/s I don't think im catching up that fast yet. http://pbmining.com/banners/468x60.pngDon't feel bad I have no referrals either............ +1. I don't have referrals either i have only two who bought only 1Gh/s Lucky you +1. I don't have referrals either 購買PB Mining五年合同,請聯絡我。令您意想不到的....!
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5ick3uffalo
Legendary
Offline
Activity: 994
Merit: 1000
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April 07, 2014, 05:35:37 AM Last edit: April 07, 2014, 05:46:03 AM by 5ick3uffalo |
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well, I don't have much in the way of referrals myself to be honest, I'm just using PBMining to make sure that I keep up with the current rising difficulty trends. Is it strange that I yearn for the next block-halving. Last time it occurred, I was like, damn, this is the end. Errrr, now I see, it was only the beginning. it's... The Curious Case of Benjamin Bitcoin Nah I don't have any referrals, A buddy referred me and he is reaping the rewards haha. I'm playing catch up, at around 50Gh/s I don't think im catching up that fast yet. Don't feel bad I have no referrals either............ +1. I don't have referrals either i have only two who bought only 1Gh/s Lucky you +1. I don't have referrals either 購買PB Mining五年合同,請聯絡我。令您意想不到的....!Your Signature scares people off , that´s why SO today i start mining with Gridseed Miner, i know i maybe never get my 170Euro back for what i paid for it, but it´s fun and i want to learn. And maybe never owned a littly cute Rasperry PI My investment stategy: I buy BTC and keep them next 10-15 years, won´t touch them no matter what (did it before when btc was 70$ , still own some, some i bought GH/s here with it ). And i buy silver (physical) every month Mining just for fun in rl and own 280.2 GH/s here now, buying from time to time, hoping for the best. Started 10.3. and got 0.45577016 paid out until now You can´t predict difficult level and btc prize. And don´t forget the special payouts from PB mining for Christmas present and so
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BTC: 1Dw9feZAGSeHvaiQ55T7C92VAAXB2nVKKk
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5ick3uffalo
Legendary
Offline
Activity: 994
Merit: 1000
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April 07, 2014, 06:03:13 AM |
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Not like CEX at all, way to expensive.
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BTC: 1Dw9feZAGSeHvaiQ55T7C92VAAXB2nVKKk
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5ick3uffalo
Legendary
Offline
Activity: 994
Merit: 1000
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April 07, 2014, 06:35:27 AM |
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if i get it right, the only way to make it even or mybe have some profit is to get as many referrals as you can.
Buying BTC is get you the best ROI and you get the BTC instantly instead of waiting FIVE years to get back a little bit(coins) of your invested money. Realistically speaking, a vast majority of return will happen within the first 3-4 months. 1 year contract and a 5 year contract will pay out essentially the same thing.
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BTC: 1Dw9feZAGSeHvaiQ55T7C92VAAXB2nVKKk
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Didldak
Full Member
Offline
Activity: 150
Merit: 100
Oh boy!
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April 07, 2014, 06:52:03 AM |
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It's weird how BTC are updated/added each second (when you refresh page)
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Hey.. watsup.
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raskul
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April 07, 2014, 06:52:46 AM |
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It's weird how BTC are updated/added each second (when you refresh page)
they call that 'live statistics' what's weird about that?
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tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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Didldak
Full Member
Offline
Activity: 150
Merit: 100
Oh boy!
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April 07, 2014, 07:05:49 AM |
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weird is that you only get BTC per mined blocks.. but of course, you could so some kind of calculation based on time, difficulty and hashing speed
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Hey.. watsup.
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raskul
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April 07, 2014, 07:08:40 AM |
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weird is that you only get BTC per mined blocks.. but of course, you could so some kind of calculation based on time, difficulty and hashing speed
the calculations on the btc earnings you accrue are further up this thread, posted by PBMining
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tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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jimmyl
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April 07, 2014, 07:09:59 AM |
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ignore that troll, i think he is a bit jelous ..
i love this site, and i am seeing my profit in my wallet , thats what i am looking for..
i had used to cex too, in CEX, from 0.070 to today's 0.010 in 3 months time. -86% . you lost 86% of your investment only in three months in cex.
In pbmining i made 40% of my initial investments in a month, and a 4 years and 11 months is a go now..
So far anyone broke-even, excluding referrals? CEX, I have 3 GHS worth 0.01 each but I get 0.01btc every 2 to 4 weeks, they are free to me now.
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raskul
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April 07, 2014, 07:16:51 AM |
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ignore that troll, i think he is a bit jelous ..
i love this site, and i am seeing my profit in my wallet , thats what i am looking for..
i had used to cex too, in CEX, from 0.070 to today's 0.010 in 3 months time. -86% . you lost 86% of your investment only in three months in cex.
In pbmining i made 40% of my initial investments in a month, and a 4 years and 11 months is a go now..
So far anyone broke-even, excluding referrals? CEX, I have 3 GHS worth 0.01 each but I get 0.01btc every 2 to 4 weeks, they are free to me now. my first contract on PBMining, purchased end of February, is now more than halfway to break even. how long did your CEX contract take to break even? or did you just resell the GH/s?
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tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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5ick3uffalo
Legendary
Offline
Activity: 994
Merit: 1000
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April 07, 2014, 07:33:43 AM |
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ignore that troll, i think he is a bit jelous ..
i love this site, and i am seeing my profit in my wallet , thats what i am looking for..
i had used to cex too, in CEX, from 0.070 to today's 0.010 in 3 months time. -86% . you lost 86% of your investment only in three months in cex.
In pbmining i made 40% of my initial investments in a month, and a 4 years and 11 months is a go now..
So far anyone broke-even, excluding referrals?
There are some , yes
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BTC: 1Dw9feZAGSeHvaiQ55T7C92VAAXB2nVKKk
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markostus
Newbie
Offline
Activity: 15
Merit: 0
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April 07, 2014, 08:04:22 AM |
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I do not believe that hashrate increase will go on with like 20% each 10 Days, there is a limit to exponential growth. At a certain point hardware becomes to expensive to manufacture and so hardware prices and network hashrate will find a stable top. I think you cant build hardware for much less than maybe 0.002 BTC (or 1 $) for 5 GHS or 0.0004 for 1 GHS. So if hardware becomes too expensive in comparison to bitcoin difficulty, hasrate will stabilize at a very high top, maybe like 30 or 60 billion. From this point on you´re making constant profits with hardware you already have. So my pbmining goal is to increase my hashpower until we reach that point. Always assuming that BTC price in fiat wont drop to zero, pbmining is not ponzi and so on... So be careful with your ROI calculations, youre making assumptions of diff increases nobody can safely predict.
Another thing: I would like to buy piggyback GHS for sha256 altcoins because i think there are some coins worth looking at. Wouldnt that be a nice expansion for pbmining? Why not give that a try? Lets say all the altcoins listed at coinwarz.com.
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