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Author Topic: PB Mining -- 5 year mining contracts!  (Read 378920 times)
rodeoclownicp
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May 15, 2014, 07:07:25 AM
 #2461

the first contract i bought in february is just about to break even.
come payday on sunday, my first contract will then be in profit.
 Grin



Me too! Cheers to reaching the break even point!

would you say that the btc earned per gh/s is the same as what the btc calculators say you should be earning?
rodeoclownicp
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May 15, 2014, 07:08:05 AM
 #2462

the first contract i bought in february is just about to break even.
come payday on sunday, my first contract will then be in profit.
 Grin

http://pbmining.com?ref=raskul



same question for you?

would you say that the btc earned per gh/s is the same as what the btc calculators say you should be earning?
raskul
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May 15, 2014, 07:08:35 AM
 #2463

the first contract i bought in february is just about to break even.
come payday on sunday, my first contract will then be in profit.
 Grin



Me too! Cheers to reaching the break even point!

would you say that the btc earned per gh/s is the same as what the btc calculators say you should be earning?

you'd be as well using a crystal ball, as using the calculators.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
byt411
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May 15, 2014, 07:10:06 AM
 #2464

the first contract i bought in february is just about to break even.
come payday on sunday, my first contract will then be in profit.
 Grin

http://pbmining.com?ref=raskul



same question for you?

would you say that the btc earned per gh/s is the same as what the btc calculators say you should be earning?

No, because those calculators are just an estimation, there is variance.
rodeoclownicp
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May 15, 2014, 07:17:34 AM
 #2465

the first contract i bought in february is just about to break even.
come payday on sunday, my first contract will then be in profit.
 Grin

http://pbmining.com?ref=raskul



same question for you?

would you say that the btc earned per gh/s is the same as what the btc calculators say you should be earning?

No, because those calculators are just an estimation, there is variance.
the first contract i bought in february is just about to break even.
come payday on sunday, my first contract will then be in profit.
 Grin



Me too! Cheers to reaching the break even point!

would you say that the btc earned per gh/s is the same as what the btc calculators say you should be earning?

you'd be as well using a crystal ball, as using the calculators.


well would you say it is as good as the pool of your choice would be? and over the long  run variance typicaly would work itself out? i guess i am just trying to get a feal for the performance of the pool since you cant point your hash where you want?

also whats this recommendation commission? can you open 1 account and then buy more and get commission from yourself ? or is that frowned upon... what happens if you keep buying more hash here and there, does it all run together or is it seperate contracts and viewed as seperate results?
byt411
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May 15, 2014, 07:19:17 AM
 #2466

the first contract i bought in february is just about to break even.
come payday on sunday, my first contract will then be in profit.
 Grin

http://pbmining.com?ref=raskul



same question for you?

would you say that the btc earned per gh/s is the same as what the btc calculators say you should be earning?

No, because those calculators are just an estimation, there is variance.
the first contract i bought in february is just about to break even.
come payday on sunday, my first contract will then be in profit.
 Grin



Me too! Cheers to reaching the break even point!

would you say that the btc earned per gh/s is the same as what the btc calculators say you should be earning?

you'd be as well using a crystal ball, as using the calculators.


well would you say it is as good as the pool of your choice would be? and over the long  run variance typicaly would work itself out? i guess i am just trying to get a feal for the performance of the pool since you cant point your hash where you want?

also whats this recommendation commission? can you open 1 account and then buy more and get commission from yourself ? or is that frowned upon... what happens if you keep buying more hash here and there, does it all run together or is it seperate contracts and viewed as seperate results?

First, it seems to be a few satoshis under the long term average, but that's perfectly normal.
Second, some pools merge mine Namecoins and Devcoins and Ixcoins, but PBMining does not, but I personally don't care much about those.
raskul
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May 15, 2014, 07:22:31 AM
 #2467

the first contract i bought in february is just about to break even.
come payday on sunday, my first contract will then be in profit.
 Grin

http://pbmining.com?ref=raskul



same question for you?

would you say that the btc earned per gh/s is the same as what the btc calculators say you should be earning?

No, because those calculators are just an estimation, there is variance.
the first contract i bought in february is just about to break even.
come payday on sunday, my first contract will then be in profit.
 Grin



Me too! Cheers to reaching the break even point!

would you say that the btc earned per gh/s is the same as what the btc calculators say you should be earning?

you'd be as well using a crystal ball, as using the calculators.


well would you say it is as good as the pool of your choice would be? and over the long  run variance typicaly would work itself out? i guess i am just trying to get a feal for the performance of the pool since you cant point your hash where you want?

also whats this recommendation commission? can you open 1 account and then buy more and get commission from yourself ? or is that frowned upon... what happens if you keep buying more hash here and there, does it all run together or is it seperate contracts and viewed as seperate results?

First, it seems to be a few satoshis under the long term average, but that's perfectly normal.
Second, some pools merge mine Namecoins and Devcoins and Ixcoins, but PBMining does not, but I personally don't care much about those.

yeah, it would be preferable if we were able to point our mining contracts at a pool of our choice, the mathematical equation that PBmining use for payments is on page 33 or thereabouts of this thread. it's not far off what you would see at a PPLNS pool, in total I bought/got referred ~400GH/s on PB, not buying any more until the entirety of that 400GH/s breaks even.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
rodeoclownicp
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May 15, 2014, 07:32:51 AM
 #2468

did that ponzi sceam thing around page 33 ever come to a conclusion? did they ever post a pic or blockchain?
oztusk
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May 15, 2014, 07:33:10 AM
 #2469

i did the calc a couple months ago when i got into this... the btc per ghz paid worked out accurately then, by formula.
where miners are pointed makes no difference btc/ghz is the same.
idk the merged mining advantage though, i imagine pb will eventually do that if people are concerned about it....
what is a merge namecoin yield worth per btc mined? anyone tell me?
i think ozcoin merges and converts, but im not sure.
their payout system is a little screwy, so i quit mining there.

<<<   "MY DOG ATE YOUR BITCOIN"..mtGox - - "MY DOG IS EATING YOUR BITCOIN"...Antpool - - "We were drinking espresso with shots of vodka at this little cafe. My laptop was on the table. This big dog came up behind us and,.. and..." ...nicehash     ANTMINER is currently servicing 20-30% of the entire network hash rate. Enenatis. Quis interdum ac, aliquet nec est. www.bitmaintech.com Euismod risus sed, venenatis tellus. Aliquam vel. Spontaneous emission is not inherent to an emitter, but rather depends on its electromagnetic environment.        "THE DOG ATE YOUR BITCOIN"..mtGox
raskul
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May 15, 2014, 07:38:06 AM
 #2470

i did the calc a couple months ago when i got into this... the btc per ghz paid worked out accurately then, by formula.
where miners are pointed makes no difference btc/ghz is the same.
idk the merged mining advantage though, i imagine pb will eventually do that if people are concerned about it....
what is a merge namecoin yield worth per btc mined? anyone tell me?
i think ozcoin merges and converts, but im not sure.
their payout system is a little screwy, so i quit mining there.

on a personal level, the pools where I mine, do make a difference in many ways.
and if I had 400GH/s and was able to dictate where it was pointed, I could also mine SHA256 altcoins. there are lots of options, some of which can sometimes be more profitable than mining btc. anyway, that's on a personal level, and more control over the contracts would be good, but not essential.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
rodeoclownicp
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May 15, 2014, 07:47:41 AM
 #2471

i did the calc a couple months ago when i got into this... the btc per ghz paid worked out accurately then, by formula.
where miners are pointed makes no difference btc/ghz is the same.
idk the merged mining advantage though, i imagine pb will eventually do that if people are concerned about it....
what is a merge namecoin yield worth per btc mined? anyone tell me?
i think ozcoin merges and converts, but im not sure.
their payout system is a little screwy, so i quit mining there.

on a personal level, the pools where I mine, do make a difference in many ways.
and if I had 400GH/s and was able to dictate where it was pointed, I could also mine SHA256 altcoins. there are lots of options, some of which can sometimes be more profitable than mining btc. anyway, that's on a personal level, and more control over the contracts would be good, but not essential.
i did the calc a couple months ago when i got into this... the btc per ghz paid worked out accurately then, by formula.
where miners are pointed makes no difference btc/ghz is the same.
idk the merged mining advantage though, i imagine pb will eventually do that if people are concerned about it....
what is a merge namecoin yield worth per btc mined? anyone tell me?
i think ozcoin merges and converts, but im not sure.
their payout system is a little screwy, so i quit mining there.

1300 gh/ 5 year contract or 25mh/s script 1 year contract then you get the machine - what would you pick?
raskul
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May 15, 2014, 07:51:05 AM
 #2472

i did the calc a couple months ago when i got into this... the btc per ghz paid worked out accurately then, by formula.
where miners are pointed makes no difference btc/ghz is the same.
idk the merged mining advantage though, i imagine pb will eventually do that if people are concerned about it....
what is a merge namecoin yield worth per btc mined? anyone tell me?
i think ozcoin merges and converts, but im not sure.
their payout system is a little screwy, so i quit mining there.

on a personal level, the pools where I mine, do make a difference in many ways.
and if I had 400GH/s and was able to dictate where it was pointed, I could also mine SHA256 altcoins. there are lots of options, some of which can sometimes be more profitable than mining btc. anyway, that's on a personal level, and more control over the contracts would be good, but not essential.
i did the calc a couple months ago when i got into this... the btc per ghz paid worked out accurately then, by formula.
where miners are pointed makes no difference btc/ghz is the same.
idk the merged mining advantage though, i imagine pb will eventually do that if people are concerned about it....
what is a merge namecoin yield worth per btc mined? anyone tell me?
i think ozcoin merges and converts, but im not sure.
their payout system is a little screwy, so i quit mining there.

1300 gh/ 5 year contract or 25mh/s script 1 year contract then you get the machine - what would you pick?

SHA256 every time.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
oztusk
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May 15, 2014, 08:31:49 AM
 #2473

i did the calc a couple months ago when i got into this... the btc per ghz paid worked out accurately then, by formula.
where miners are pointed makes no difference btc/ghz is the same.
idk the merged mining advantage though, i imagine pb will eventually do that if people are concerned about it....
what is a merge namecoin yield worth per btc mined? anyone tell me?
i think ozcoin merges and converts, but im not sure.
their payout system is a little screwy, so i quit mining there.

on a personal level, the pools where I mine, do make a difference in many ways.
and if I had 400GH/s and was able to dictate where it was pointed, I could also mine SHA256 altcoins. there are lots of options, some of which can sometimes be more profitable than mining btc. anyway, that's on a personal level, and more control over the contracts would be good, but not essential.
i did the calc a couple months ago when i got into this... the btc per ghz paid worked out accurately then, by formula.
where miners are pointed makes no difference btc/ghz is the same.
idk the merged mining advantage though, i imagine pb will eventually do that if people are concerned about it....
what is a merge namecoin yield worth per btc mined? anyone tell me?
i think ozcoin merges and converts, but im not sure.
their payout system is a little screwy, so i quit mining there.

1300 gh/ 5 year contract or 25mh/s script 1 year contract then you get the machine - what would you pick?

i am completely ignorant concerning script miners/kopykatkoin...
right now id just hold on to the 6.5 btc til it hits 800 or more..
cloud mining and equipment dont look good right now,...
but if diff bumps mean out to 14% or less, id be wrong. that i doubt tho...
... actually im not doing anything with the btc i have because i dont see a solid opportunity now.
its money in the bank... sometimes btc goes up when silver goes down, in that instance id convert btc>cash>silver ...

<<<   "MY DOG ATE YOUR BITCOIN"..mtGox - - "MY DOG IS EATING YOUR BITCOIN"...Antpool - - "We were drinking espresso with shots of vodka at this little cafe. My laptop was on the table. This big dog came up behind us and,.. and..." ...nicehash     ANTMINER is currently servicing 20-30% of the entire network hash rate. Enenatis. Quis interdum ac, aliquet nec est. www.bitmaintech.com Euismod risus sed, venenatis tellus. Aliquam vel. Spontaneous emission is not inherent to an emitter, but rather depends on its electromagnetic environment.        "THE DOG ATE YOUR BITCOIN"..mtGox
oztusk
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May 15, 2014, 08:37:26 AM
 #2474

what is the scrypt mining service, id like to look at their come on? ill bet its a losing deal, even if you get to keep the paperweight.

<<<   "MY DOG ATE YOUR BITCOIN"..mtGox - - "MY DOG IS EATING YOUR BITCOIN"...Antpool - - "We were drinking espresso with shots of vodka at this little cafe. My laptop was on the table. This big dog came up behind us and,.. and..." ...nicehash     ANTMINER is currently servicing 20-30% of the entire network hash rate. Enenatis. Quis interdum ac, aliquet nec est. www.bitmaintech.com Euismod risus sed, venenatis tellus. Aliquam vel. Spontaneous emission is not inherent to an emitter, but rather depends on its electromagnetic environment.        "THE DOG ATE YOUR BITCOIN"..mtGox
n2004al
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May 15, 2014, 08:48:58 AM
 #2475


... actually im not doing anything with the btc i have because i dont see a solid opportunity now.
its money in the bank... sometimes btc goes up when silver goes down, in that instance id convert btc>cash>silver ...


I pm you.
5ick3uffalo
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May 15, 2014, 11:00:43 AM
 #2476


... actually im not doing anything with the btc i have because i dont see a solid opportunity now.
its money in the bank... sometimes btc goes up when silver goes down, in that instance id convert btc>cash>silver ...


I pm you.

Where do you buy silver best ? I buy at bullionvault sometimes  Roll Eyes


I just recieved 5 new gridseed miners, 70$ each , which i think is a good price? (ordered from minereu 09.05. , got them today )


http://i59.tinypic.com/213qee.jpg



BTC: 1Dw9feZAGSeHvaiQ55T7C92VAAXB2nVKKk
n2004al
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May 15, 2014, 11:06:32 AM
Last edit: May 16, 2014, 01:40:52 PM by n2004al
 #2477


... actually im not doing anything with the btc i have because i dont see a solid opportunity now.
its money in the bank... sometimes btc goes up when silver goes down, in that instance id convert btc>cash>silver ...


I pm you.

Where do you buy silver best ? I buy at bullionvault sometimes  Roll Eyes


I just recieved 5 new gridseed miners, 70$ each , which i think is a good price? (ordered from minereu 09.05. , got them today )


http://i59.tinypic.com/213qee.jpg




See the second opportunity at my signature. This opportunity not only give numismatic silver coins MS70 (or gold or other precious metals) with a very good price but offer the possibility to earn commissions (up to 50 000$) if you recommend others. If you register the first opportunity the price of bought will be (in the future) even more cheap.
Koko
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May 15, 2014, 11:08:02 AM
 #2478

i did the calc a couple months ago when i got into this... the btc per ghz paid worked out accurately then, by formula.
where miners are pointed makes no difference btc/ghz is the same.
idk the merged mining advantage though, i imagine pb will eventually do that if people are concerned about it....
what is a merge namecoin yield worth per btc mined? anyone tell me?
i think ozcoin merges and converts, but im not sure.
their payout system is a little screwy, so i quit mining there.

on a personal level, the pools where I mine, do make a difference in many ways.
and if I had 400GH/s and was able to dictate where it was pointed, I could also mine SHA256 altcoins. there are lots of options, some of which can sometimes be more profitable than mining btc. anyway, that's on a personal level, and more control over the contracts would be good, but not essential.
i did the calc a couple months ago when i got into this... the btc per ghz paid worked out accurately then, by formula.
where miners are pointed makes no difference btc/ghz is the same.
idk the merged mining advantage though, i imagine pb will eventually do that if people are concerned about it....
what is a merge namecoin yield worth per btc mined? anyone tell me?
i think ozcoin merges and converts, but im not sure.
their payout system is a little screwy, so i quit mining there.

1300 gh/ 5 year contract or 25mh/s script 1 year contract then you get the machine - what would you pick?

i am completely ignorant concerning script miners/kopykatkoin...
right now id just hold on to the 6.5 btc til it hits 800 or more..
cloud mining and equipment dont look good right now,...
but if diff bumps mean out to 14% or less, id be wrong. that i doubt tho...
... actually im not doing anything with the btc i have because i dont see a solid opportunity now.
its money in the bank... sometimes btc goes up when silver goes down, in that instance id convert btc>cash>silver ...


As of right now, Scrypt/x11/Groestl etc. mining can still be quite profitable as is altcoin trading, you should consider it.
oztusk
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May 15, 2014, 11:42:46 AM
 #2479


... actually im not doing anything with the btc i have because i dont see a solid opportunity now.
its money in the bank... sometimes btc goes up when silver goes down, in that instance id convert btc>cash>silver ...


I pm you.

Where do you buy silver best ? I buy at bullionvault sometimes  Roll Eyes


I just recieved 5 new gridseed miners, 70$ each , which i think is a good price? (ordered from minereu 09.05. , got them today )


http://i59.tinypic.com/213qee.jpg





You will want to look at Kitco.com 
Best known metal scource for NA.
unfortunately their minimum purchases are raised.. its been awhile since i dealt with them.
anyways,.. they are reputable.

what do you estimmate as return on the gridseeds?    they look nice  Smiley

<<<   "MY DOG ATE YOUR BITCOIN"..mtGox - - "MY DOG IS EATING YOUR BITCOIN"...Antpool - - "We were drinking espresso with shots of vodka at this little cafe. My laptop was on the table. This big dog came up behind us and,.. and..." ...nicehash     ANTMINER is currently servicing 20-30% of the entire network hash rate. Enenatis. Quis interdum ac, aliquet nec est. www.bitmaintech.com Euismod risus sed, venenatis tellus. Aliquam vel. Spontaneous emission is not inherent to an emitter, but rather depends on its electromagnetic environment.        "THE DOG ATE YOUR BITCOIN"..mtGox
Koko
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May 15, 2014, 11:54:17 AM
 #2480


... actually im not doing anything with the btc i have because i dont see a solid opportunity now.
its money in the bank... sometimes btc goes up when silver goes down, in that instance id convert btc>cash>silver ...


I pm you.

Where do you buy silver best ? I buy at bullionvault sometimes  Roll Eyes


I just recieved 5 new gridseed miners, 70$ each , which i think is a good price? (ordered from minereu 09.05. , got them today )


http://i59.tinypic.com/213qee.jpg





You will want to look at Kitco.com 
Best known metal scource for NA.
unfortunately their minimum purchases are raised.. its been awhile since i dealt with them.
anyways,.. they are reputable.

what do you estimmate as return on the gridseeds?    they look nice  Smiley

That wholly depends on what you mine with them.
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