PB Mining -- 5 year mining contracts!

[Hanslo]

Will there be any contest again soon  

[SpanishSoldier]

Will there be any contest soon again 

Which contest u r talking about ?

[Hanslo]

Will there be any contest soon again 

Which contest u r talking about ?

https://bitcointalk.org/index.php?topic=792178.0

[jacktheking]

So, I just registered on PBMining. I am thinking to buy 1 GH/s but.. it look like the minimum contract is 25 GH/s for 5 years. Please correct me if I'm wrong.

[young3dvard]

So, I just registered on PBMining. I am thinking to buy 1 GH/s but.. it look like the minimum contract is 25 GH/s for 5 years. Please correct me if I'm wrong.

Your right, 25 GH is minimum to buy. 1 GH would mine only under about 0.0001 weekly, so you would only receive dust weekly and it could cost more in fees to spend the dust

[dimiro]

Payment Received

[jacktheking]

So, I just registered on PBMining. I am thinking to buy 1 GH/s but.. it look like the minimum contract is 25 GH/s for 5 years. Please correct me if I'm wrong.

Your right, 25 GH is minimum to buy. 1 GH would mine only under about 0.0001 weekly, so you would only receive dust weekly and it could cost more in fees to spend the dust

Oh.. thanks for clarifying it. I will reconsider whether to buy 25 GH/s from PBMining.

[petahashminer]

payment recieved as always,

thx again.

[petahashminer]

So, I just registered on PBMining. I am thinking to buy 1 GH/s but.. it look like the minimum contract is 25 GH/s for 5 years. Please correct me if I'm wrong.

if you want real profit, just purchase a decent size of ghs , at least 1000GHS

today 1000 ghs pays , 0.08889 BTC per week.

[okae]

Payment recieved as always,

thx again.

[martanFTM]

Hey guys, I want to step in PB and buy 25 - 75 TH.
Is there some way to buy for better price, than on website?
ie: Private sale - maybe whole account?

Same question opposite....Will I be able to sell my account, if i wanted to, in future?

Thanks Martin

[Mike18feb]

I don't think PBMining will give any support to account selling, so if you get in you get in for the whole term, unless you are willing to do risky stuff. As if this isn't risky enough

As for best price, there are no discount codes or anything. Still, currently is not such a bad time. Price is okay, the next difficulty adjustment is still some time way, and the estimate of the next adjustment is decreasing as we speak (down to 8% from 12%)

[martanFTM]

Thanks, price is fair atm.
It is just, that I´m more comfortable, if any major change in difficulty occurs, or maybe I will just need some money etc in future, to have some possibilities.

I made many escrowed transactions involving buying/selling several whole account with GAW miners for example.
My question is: It is not supported, but generally allowed?
All risk is on buyers/seller side obviously, escrow is a must here.

[Mike18feb]

Heh, yeah, we all want a safety net. Especially with the kind of investments you mentioned

Not sure about allowed or not. Just.. not supported means PBMining will not move a muscle to aid. I got that from reading this thread so far. Means you can still go ahead probably if you think you can make a good deal, but think about stuff such as account details. You cannot change email address for example. I can buy your account but it will be linked to your email address, so even after selling, you still control the account

[martanFTM]

Ohh, this is not good. Is there some 2FA involved?
I mean, I used to do some whole account buys on GAW, in time, where email change was not also possible in a way, that seller disabled 2FA, we used escrow, which gave me his login details after payment and I logged in and enabled 2FA on my phone.
This way, seller lost his access to account forever. He would request new password (had to be jerk for that), but it would render account inaccessible for both sides...because of 2FA set for me only...

[maxl]

With todays payout I exactly got the same amount payed out as I invested.

Thank you PBMining.

[Mike18feb]

Ohh, this is not good. Is there some 2FA involved?
I mean, I used to do some whole account buys on GAW, in time, where email change was not also possible in a way, that seller disabled 2FA, we used escrow, which gave me his login details after payment and I logged in and enabled 2FA on my phone.
This way, seller lost his access to account forever. He would request new password (had to be jerk for that), but it would render account inaccessible for both sides...because of 2FA set for me only...

Well, there is no 2FA on the account, but anyone hacking into the account must also hack into the email address to be able to do anything. Not unlikely to happen as people who try out the cool SuperQuickProfit.exe posted by some Newbie account is likely to have all of his accounts and passwords exposed, but not everybody falls for such things.

As for you, honestly, why all this extra trouble and risk. Spread your risk and try and build upon mining return instead of risky extra's. Which I'm sure you already do. PBMining pays a good share as long as they don't go poof. No need to sell account. And if return is not good enough, then nothing is, and we're all doomed.

[Anyayakubu]

You actually can sell a PB account. I have bought someones account from them in September. However PB does not do it for you, you do it yourself. First by changing the email of the account to the new owner. PB did this for us, then the new owner can change the payout address to his own and change the password to his own.  Which is what I did.
It's mostly the buyer and seller doing it, not PB.
          I'm getting a nice payout from the cloudmining site. However I never was able to determine the length of the contract.

[martanFTM]

Ohh, this is not good. Is there some 2FA involved?
I mean, I used to do some whole account buys on GAW, in time, where email change was not also possible in a way, that seller disabled 2FA, we used escrow, which gave me his login details after payment and I logged in and enabled 2FA on my phone.
This way, seller lost his access to account forever. He would request new password (had to be jerk for that), but it would render account inaccessible for both sides...because of 2FA set for me only...

Well, there is no 2FA on the account, but anyone hacking into the account must also hack into the email address to be able to do anything. Not unlikely to happen as people who try out the cool SuperQuickProfit.exe posted by some Newbie account is likely to have all of his accounts and passwords exposed, but not everybody falls for such things.

As for you, honestly, why all this extra trouble and risk. Spread your risk and try and build upon mining return instead of risky extra's. Which I'm sure you already do. PBMining pays a good share as long as they don't go poof. No need to sell account. And if return is not good enough, then nothing is, and we're all doomed.

I get your point, I´m trying to asses possibilities and risk involved and decide after.
As i wrote, i have experience in buy/sell multiple accounts on various services. Personally, I like official marketplace, where you can buy/sell as it suits you - in cloud controlled environment...shame PB does not have one...
My point is, that I like the idea to invest a lot just from start, don't reinvest and have option to cash out any time - even if the payout is very good, ROI and profit over ROI is almost guaranteed by math...Just to have exit option, when you see good opportunity elsewhere, or you need your initial investment for real life...obviously lowered somewhat by actual price, demand etc.

Is there

[Zeta0S]

I like bacon.