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Author Topic: PB Mining -- 5 year mining contracts!  (Read 378873 times)
Biomech
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November 10, 2014, 04:05:18 AM
 #4401

I like bacon. 

If you don't like bacon, you're wrong!
virtapayseller666
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November 10, 2014, 03:28:51 PM
 #4402

i just bought 31 GHS at pbmining how much btc i will get per 7 days ?

 

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raskul
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November 10, 2014, 03:33:22 PM
 #4403

I'm more than happy that I bought some early contracts with PB Mining. thank you for the great service guys.

if you have time, please take a minute to vote https://bitcointalk.org/index.php?topic=853809.0

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
cesmak
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November 10, 2014, 03:56:18 PM
 #4404

i just bought 31 GHS at pbmining how much btc i will get per 7 days ?

You will earn near 0.002852 BTC till the next difficulty change... probably on 18 nov.
virtapayseller666
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November 11, 2014, 06:20:04 AM
 #4405

i just bought 31 GHS at pbmining how much btc i will get per 7 days ?

You will earn near 0.002852 BTC till the next difficulty change... probably on 18 nov.

What is ROI how much time its will take to get my investment back

 

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cesmak
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November 11, 2014, 07:36:57 AM
 #4406

i just bought 31 GHS at pbmining how much btc i will get per 7 days ?

You will earn near 0.002852 BTC till the next difficulty change... probably on 18 nov.

What is ROI how much time its will take to get my investment back

It's hard to determine it... It depends on what will be the mining difficulty of BTC in the future, and this is not so predictable, so you can try some calculation by your own using some profit calculator on the web... i can't help you more than this...

Cheers
kotwica666
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November 11, 2014, 08:55:01 AM
 #4407

i just bought 31 GHS at pbmining how much btc i will get per 7 days ?

You will earn near 0.002852 BTC till the next difficulty change... probably on 18 nov.

What is ROI how much time its will take to get my investment back

Like in post above - that's difficult to say right now.. but people who buy contracts in april already get money back Smiley

.
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adaseb
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November 11, 2014, 11:04:27 AM
 #4408

Yes its nice but honestly not really worth it for the future. Very little profit margin.

virtapayseller666
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November 11, 2014, 05:30:17 PM
 #4409

i have bought 31 GHS @ 0.043 btc (Earned from online) and invested here

 

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Flep182
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November 11, 2014, 06:56:07 PM
 #4410

Buying now is a bit risky since noone can predict difficulty and conversion rates for the future.

On the other hand, once I ROI on pbmining I might reinvest 1/5th of the outcome into new contracts at the end of the month.
Mabsark
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November 12, 2014, 07:09:42 AM
 #4411

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.

You can buy 1 Gh/s from AMHash for 0.0012 BTC. Like others have said though, that'll just get you dust.
Netwerked
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November 12, 2014, 05:20:50 PM
 #4412

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.

You can buy 1 Gh/s from AMHash for 0.0012 BTC. Like others have said though, that'll just get you dust.

If the goal is to spend less money upfront, then AMHash is a better deal than PBmining.  If the goal is to have a higher long-term ROI, then PBmining is the better choice.  Personally, I would rather have a higher ROI.  25GH/s in USD terms is under $15.  Bitcoin is now over $400 (yay!!).  As I mentioned before, if risking $15 on 25GH/s makes you uncomfortable, then Bitcoin mining is not for you.

***What are the payout differences between PBmining and AMHash?  Let's assume we own 1TH/s: ***

PBmining: Looking at bitcoinwisdom.com/bitcoin/difficulty.  Plug in 1TH/s, we would receive 0.08889BTC/week at current difficulty.  Simple.

AMhash: The payout rate before fee subtraction is 25/ (difficulty * 4.295) BTC per unit per second.  1 unit = 1GH/s.  So, the payout before fees for one week is ( 25 / ( 39,603,666,252 * 4.295 ) ) * 1000 units * (60*60*24*7 seconds) = 0.00000000014697 * 1000 * 604800 = 0.08888746BTC/week.  That's pretty much exactly the same as PBmining.  Then the maintenance fees must be subtracted from that amount.

The maintenance fee is 1.89*10^(-8) USD per unit per second or $0.01141 per GH per week. $0.01141 * 1000 units = $11.41 USD

The exchange rate is based on bitstamp.net 24h average.  Let's assume the 24 hour average is $390.  $11.41/$390 = 0.02925641BTC

The AMhash payout for a one week period is then 0.08888746 - 0.02925641 = 0.05963105BTC

***How much does it cost for 1TH, how often do I get paid, and what am I paid?***

PBmining: 1TH is currently 1.4BTC.  Payouts are weekly.  You receive 0.08889BTC/week at current difficulty.

AMhash: 1TH is currently 1.21BTC.  Payouts are daily.  The past 7 days of dividends have been 0.00000845 0.00000830 0.00000824 0.00000805 0.00000795 0.00000799 0.00000788 = 0.00005686BTC per unit for the week.  0.00005686 * 1000 = 0.05686BTC.  This number is a little lower than 0.05963105BTC, because the value of a Bitcoin has risen over the past week.

***What's the better deal?  PBmining or AMhash?***

The current upfront price difference for 1TH is that AMhash is 0.19BTC cheaper than PBmining.  If the value of a Bitcoin is $390 USD for the next 8 weeks, then you will pay 0.02925641 * 8 = 0.23405128BTC in maintenance fees to AMhash, which negates any upfront savings and makes AMhash more expensive.

Unless you have a fear of long-term commitment, PBmining is by far the better deal.
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November 12, 2014, 09:43:08 PM
 #4413

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.

You can buy 1 Gh/s from AMHash for 0.0012 BTC. Like others have said though, that'll just get you dust.

If u chose to go for cloudmining.website, u'll get 1 GHs @ 0.001 BTC Wink

Does cloudmining.website subtract any maintenance fees?  Their website doesn't mention it.  They have a 10GH/s minimum order.  Also looks like it is a temporary promotional rate.  Seems like a very good deal, but they are new and unproven.
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November 12, 2014, 09:45:11 PM
 #4414

Is there some news about the signature campaign? I saw some days ago that PBMining wants to open another type of signature campaign Smiley

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RD965
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November 13, 2014, 09:45:02 AM
 #4415

Is there some news about the signature campaign? I saw some days ago that PBMining wants to open another type of signature campaign Smiley

Don't think they need it
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November 13, 2014, 09:50:41 AM
 #4416

Is there some news about the signature campaign? I saw some days ago that PBMining wants to open another type of signature campaign Smiley

cloudminer.io is having a sig campaign. they are paying in both BTC & GHs. u may like to join them...

SpanishSoldier
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November 13, 2014, 09:52:48 AM
 #4417

Is there some news about the signature campaign? I saw some days ago that PBMining wants to open another type of signature campaign Smiley

Don't think they need it

Why do u think that PB does not need a sig campaign ?
kotwica666
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November 13, 2014, 09:54:32 AM
 #4418

Is there some news about the signature campaign? I saw some days ago that PBMining wants to open another type of signature campaign Smiley

cloudminer.io is having a sig campaign. they are paying in both BTC & GHs. u may like to join them...

BTC slots - all are already full.. GHS slots - just 2 for "members" free..

.
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.....I AM BLACKJACK.FUN.....
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RD965
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November 13, 2014, 10:03:25 AM
 #4419

Is there some news about the signature campaign? I saw some days ago that PBMining wants to open another type of signature campaign Smiley

Don't think they need it

Why do u think that PB does not need a sig campaign ?

Well they are actually the most well known company besides others so why would they bother
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November 13, 2014, 11:20:50 PM
 #4420

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

Thank you PBMining.

Congratulations, it's a good feeling when you can do it. I'm getting close.
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