PB Mining -- 5 year mining contracts!

[PilotofBTC]

Rly good post man. And kinda correct. I invested in PB , bought 5ghs with 0.051 btc, its been 3 months now and im almost even.

My experience is similar. Weekly return is about 8-10%. So, your buy is paid for in about 10-12 weeks. The other 4 years and 40 weeks is all profit.

If this wasn't profitable, people wouldn't be buying it. And, buying 30GHS for $76 for 5years at PBMinning is MUCH cheaper than the $299 for 1 year you pay at Cloudhashing.

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[oztusk]

sell old machines? really. for foot warmers?
there must be some computational application for a hashing device...

No, there isn't. ASICs are designed to mine bitcoins, and can only do that (or other sha-256 coins).

they hash, whether that be btc transaction data or something else..
question is, what other data could be hashed providing a hash result of some use, [other than cryptocoin pow]

[MICRO]

Rly good post man. And kinda correct. I invested in PB , bought 5ghs with 0.051 btc, its been 3 months now and im almost even.

My experience is similar. Weekly return is about 8-10%. So, your buy is paid for in about 10-12 weeks. The other 4 years and 40 weeks is all profit.

If this wasn't profitable, people wouldn't be buying it. And, buying 30GHS for $76 for 5years at PBMinning is MUCH cheaper than the $299 for 1 year you pay at Cloudhashing.

BUt still it is a perfect setup for ponzi . I just dont think it is.

[oztusk]

any growing business is a perfect setup for a ponzi...
google stock was a perfect setup for a ponzi...

[PilotofBTC]

Rly good post man. And kinda correct. I invested in PB , bought 5ghs with 0.051 btc, its been 3 months now and im almost even.

My experience is similar. Weekly return is about 8-10%. So, your buy is paid for in about 10-12 weeks. The other 4 years and 40 weeks is all profit.

If this wasn't profitable, people wouldn't be buying it. And, buying 30GHS for $76 for 5years at PBMinning is MUCH cheaper than the $299 for 1 year you pay at Cloudhashing.

BUt still it is a perfect setup for ponzi . I just dont think it is.

I guess it's possible. But, the payouts come close to the bitcoin mining calculators. Of course you could say that's by design. But, why would a ponzi shut down buy orders? To "look" legit?

I guess, so once again, only "invest" what you can 100% lose. All my crypto buys have been disposable income. I'm not betting the farm or the kids college funds or my 401k on this stuff.

[MICRO]

Rly good post man. And kinda correct. I invested in PB , bought 5ghs with 0.051 btc, its been 3 months now and im almost even.

My experience is similar. Weekly return is about 8-10%. So, your buy is paid for in about 10-12 weeks. The other 4 years and 40 weeks is all profit.

If this wasn't profitable, people wouldn't be buying it. And, buying 30GHS for $76 for 5years at PBMinning is MUCH cheaper than the $299 for 1 year you pay at Cloudhashing.

BUt still it is a perfect setup for ponzi . I just dont think it is.

I guess it's possible. But, the payouts come close to the bitcoin mining calculators. Of course you could say that's by design. But, why would a ponzi shut down buy orders? To "look" legit?

I guess, so once again, only "invest" what you can 100% lose. All my crypto buys have been disposable income. I'm not betting the farm or the kids college funds or my 401k on this stuff.

Like i said i dont think it is. But it can easily be ponzi . And a very profitable one. Since we dont have any proof from them with what we mine, and what exact block we mined so we know from where profits come from.

[byt411]

sell old machines? really. for foot warmers?
there must be some computational application for a hashing device...

No, there isn't. ASICs are designed to mine bitcoins, and can only do that (or other sha-256 coins).

they hash, whether that be btc transaction data or something else..
question is, what other data could be hashed providing a hash result of some use, [other than cryptocoin pow]

They can hash data into a SHA-256 hash. I don't think that there are actual applications besides cryptocurrency.

[oztusk]

consider this, the hashes of a very short input might contain boolian artifacts which could be rerouted to the inputs...
with some fiddling about you might be able to work boolian logic with them...

instant distributed supercomputational network

69 peta hash today, just maybe if some logic could be eked out of old equipment..

[rodeoclownicp]

it doesnt matter the topic once it turns into argument having a point would not negate anothers point and if the truth were in front of our face and there was 1000 uf us there would be 1000 opinions if a question is asked of pb and it bothers you just let pb answer it , just because a person doesnt get it does not mean it is irrelevant or offensive(and it is absurd to think a question with out any conotation is offensive) i spent the better part of a day fending off acusations trying to get an answer to a question,, people really like the btc to btc because well matbe its easy to grasp but if a readjustment happens again and it is 2.5 usd or over then the conversion of 2.5usd to btc is valid just dont attack the topiv if u dont like it - in no way is it offensive or meant to slight- i here by allow all to feel tottally different - just dont take the raising of the topic as an offense - do btc to btc all day- my point is if the 2.5 is broken there is more on the back end after profits are reached then if the btc per gh is recognized only in a comparison to btc in btc profit out.. so we will wait and  see or we will get an answer... to all who didnt freak out thank you, just really using the forum for what it is for

[byt411]

it doesnt matter the topic once it turns into argument having a point would not negate anothers point and if the truth were in front of our face and there was 1000 uf us there would be 1000 opinions if a question is asked of pb and it bothers you just let pb answer it , just because a person doesnt get it does not mean it is irrelevant or offensive(and it is absurd to think a question with out any conotation is offensive) i spent the better part of a day fending off acusations trying to get an answer to a question,, people really like the btc to btc because well matbe its easy to grasp but if a readjustment happens again and it is 2.5 usd or over then the conversion of 2.5usd to btc is valid just dont attack the topiv if u dont like it - in no way is it offensive or meant to slight- i here by allow all to feel tottally different - just dont take the raising of the topic as an offense - do btc to btc all day- my point is if the 2.5 is broken there is more on the back end after profits are reached then if the btc per gh is recognized only in a comparison to btc in btc profit out.. so we will wait and  see or we will get an answer... to all who didnt freak out thank you, just really using the forum for what it is for

Oh my god... Commas and full stops/periods please, that text was nearly impossible to read.
Also, insulting others and telling them to shut the fuck up is considered as offensive.

dude shut the fuck up

Maybe it's your habit. I don't know, but I suggest you stop this habit.

[rodeoclownicp]

it doesnt matter the topic once it turns into argument having a point would not negate anothers point and if the truth were in front of our face and there was 1000 uf us there would be 1000 opinions if a question is asked of pb and it bothers you just let pb answer it , just because a person doesnt get it does not mean it is irrelevant or offensive(and it is absurd to think a question with out any conotation is offensive) i spent the better part of a day fending off acusations trying to get an answer to a question,, people really like the btc to btc because well matbe its easy to grasp but if a readjustment happens again and it is 2.5 usd or over then the conversion of 2.5usd to btc is valid just dont attack the topiv if u dont like it - in no way is it offensive or meant to slight- i here by allow all to feel tottally different - just dont take the raising of the topic as an offense - do btc to btc all day- my point is if the 2.5 is broken there is more on the back end after profits are reached then if the btc per gh is recognized only in a comparison to btc in btc profit out.. so we will wait and  see or we will get an answer... to all who didnt freak out thank you, just really using the forum for what it is for

Oh my god... Commas and full stops/periods please, that text was nearly impossible to read.
Also, insulting others and telling them to shut the fuck up is considered as offensive.

dude shut the fuck up

Maybe it's your habit. I don't know, but I suggest you stop this habit.

out of context posts are not valid points.... it is pretty clear where u stand,,,,,, which is why u would choose to muddy the waters..... u r right about punctuation.... i will work on it

i guess we will see next change if the 2.5 usd barrier is broken... or if price per gh stays above... besides misleading your post was civil... congrats 

[rodeoclownicp]

ONE of my favorite things to do is get home and check how my balance has grown-- very fun

[Steiny217]

ONE of my favorite things to do is get home and check how my balance has grown-- very fun

I actually agree with you there!    You got enough posts now you should look into setting up your signature block with your referral link and hopefully someone will help ya grow.  Incase you don't know you get 10% of your referrals!  I've been lucky enough to get 1 so far and they bought 180GH/s so that gave me a nice 18Gh/s for FREEEEEEEEEEEEEEE.  lol

[Biomech]

dude shut the fuck up with your emotional outbursts i asked a guy a question and  you flipped out and made it last all day, god damn i would have liked to been in 3 or for 4 posts trying to get some input but you took offense when none was made

Peace, children!

Personally, I think pbmining is a good deal, but I also think hardware in hand is a good deal. It works out pretty similar. I like the control of my own hardware, but I like the payday every sunday too. Don't put your eggs in one basket.

[amc4486adam]

i just got my 680 ghs contract eeeeeks

[Meech]

And you didn't even use my referral?  Curses!
I like to have my miners close to home but to make a profit and especially during Summer you need to hash here.

[amc4486adam]

And you didn't even use my referral?  Curses!
I like to have my miners close to home but to make a profit and especially during Summer you need to hash here.

Aww no i would of aswell to help you out =]

[LavaWave]

dude shut the fuck up with your emotional outbursts i asked a guy a question and  you flipped out and made it last all day, god damn i would have liked to been in 3 or for 4 posts trying to get some input but you took offense when none was made

Peace, children!

Personally, I think pbmining is a good deal, but I also think hardware in hand is a good deal. It works out pretty similar. I like the control of my own hardware, but I like the payday every sunday too. Don't put your eggs in one basket.

Very well said! PBmining is not for everyone. But for people looking to get in the mining game, this is probably your best bet! I still feel that investment wise, your best bet is just buying BTC from an exchange and holding! Best of luck everyone!

[rodeoclownicp]

ONE of my favorite things to do is get home and check how my balance has grown-- very fun

I actually agree with you there!    You got enough posts now you should look into setting up your signature block with your referral link and hopefully someone will help ya grow.  Incase you don't know you get 10% of your referrals!  I've been lucky enough to get 1 so far and they bought 180GH/s so that gave me a nice 18Gh/s for FREEEEEEEEEEEEEEE.  lol

how do i set up a signature block?? what is a signature block?? 

[ranlo]

Rly good post man. And kinda correct. I invested in PB , bought 5ghs with 0.051 btc, its been 3 months now and im almost even.

My experience is similar. Weekly return is about 8-10%. So, your buy is paid for in about 10-12 weeks. The other 4 years and 40 weeks is all profit.

If this wasn't profitable, people wouldn't be buying it. And, buying 30GHS for $76 for 5years at PBMinning is MUCH cheaper than the $299 for 1 year you pay at Cloudhashing.

Based on what I can tell, 1.1 GH/s (which is about 5 mBTC) gives a 9% yield right now per week. Buying into this right now should end up at least breaking even due to the fast rate of return (every 2 weeks it will slow down a bit, but the 5 years should give more than enough time for breaking even and profiting).