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Author Topic: PB Mining -- 5 year mining contracts!  (Read 378914 times)
SpanishSoldier
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November 21, 2014, 11:24:59 PM
 #4521

Puppet, you've made your case. I do not believe you correct, but you've cast sufficient doubt that I'll remove the link.

pbmining, I will restore it if you do reveal your operation sufficiently for someone like him to deem it legit.

What is he wrong about? Rather than prove they are legitimate, which costs them nothing, they spend on advertising, referrals, promotions, etc. It's so obviously a Ponzi!

My question is who is legit here ? AMhash, havelock, RockMiner are actually forming a cartel showing some fake 'mining proof', because they know, even if they are identified, none is going to catch them to China. So, the problem is for western companies. If their data is out, they'll have a Pirate40 like fate...
jimmothy
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November 21, 2014, 11:31:28 PM
 #4522

Puppet, you've made your case. I do not believe you correct, but you've cast sufficient doubt that I'll remove the link.

pbmining, I will restore it if you do reveal your operation sufficiently for someone like him to deem it legit.

What is he wrong about? Rather than prove they are legitimate, which costs them nothing, they spend on advertising, referrals, promotions, etc. It's so obviously a Ponzi!

My question is who is legit here ? AMhash, havelock, RockMiner are actually forming a cartel showing some fake 'mining proof', because they know, even if they are identified, none is going to catch them to China. So, the problem is for western companies. If their data is out, they'll have a Pirate40 like fate...

https://blockchain.info/address/1K7AuMJwVfZg3UVjinnjT2HzG4pJvACat6

What's fake about this?

Anyone can verify for themselves that amhash has several PH/s mining on ghash.io.
SpanishSoldier
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November 21, 2014, 11:44:13 PM
 #4523

Puppet, you've made your case. I do not believe you correct, but you've cast sufficient doubt that I'll remove the link.

pbmining, I will restore it if you do reveal your operation sufficiently for someone like him to deem it legit.

What is he wrong about? Rather than prove they are legitimate, which costs them nothing, they spend on advertising, referrals, promotions, etc. It's so obviously a Ponzi!

My question is who is legit here ? AMhash, havelock, RockMiner are actually forming a cartel showing some fake 'mining proof', because they know, even if they are identified, none is going to catch them to China. So, the problem is for western companies. If their data is out, they'll have a Pirate40 like fate...

https://blockchain.info/address/1K7AuMJwVfZg3UVjinnjT2HzG4pJvACat6

What's fake about this?

Anyone can verify for themselves that amhash has several PH/s mining on ghash.io.

How funny. Pay something to Ghash.io and use their 'unknown miners' to get some extra mileage. What's so great about that ? This happens every now & then in every industry !!!
jimmothy
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November 21, 2014, 11:46:34 PM
 #4524

Puppet, you've made your case. I do not believe you correct, but you've cast sufficient doubt that I'll remove the link.

pbmining, I will restore it if you do reveal your operation sufficiently for someone like him to deem it legit.

What is he wrong about? Rather than prove they are legitimate, which costs them nothing, they spend on advertising, referrals, promotions, etc. It's so obviously a Ponzi!

My question is who is legit here ? AMhash, havelock, RockMiner are actually forming a cartel showing some fake 'mining proof', because they know, even if they are identified, none is going to catch them to China. So, the problem is for western companies. If their data is out, they'll have a Pirate40 like fate...

https://blockchain.info/address/1K7AuMJwVfZg3UVjinnjT2HzG4pJvACat6

What's fake about this?

Anyone can verify for themselves that amhash has several PH/s mining on ghash.io.

How funny. Pay something to Ghash.io and use their 'unknown miners' to get some extra mileage. What's so great about that ? This happens every now & then in every industry !!!

I don't think you understand how pools work.
SpanishSoldier
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November 21, 2014, 11:57:35 PM
 #4525

Puppet, you've made your case. I do not believe you correct, but you've cast sufficient doubt that I'll remove the link.

pbmining, I will restore it if you do reveal your operation sufficiently for someone like him to deem it legit.

What is he wrong about? Rather than prove they are legitimate, which costs them nothing, they spend on advertising, referrals, promotions, etc. It's so obviously a Ponzi!

My question is who is legit here ? AMhash, havelock, RockMiner are actually forming a cartel showing some fake 'mining proof', because they know, even if they are identified, none is going to catch them to China. So, the problem is for western companies. If their data is out, they'll have a Pirate40 like fate...

https://blockchain.info/address/1K7AuMJwVfZg3UVjinnjT2HzG4pJvACat6

What's fake about this?

Anyone can verify for themselves that amhash has several PH/s mining on ghash.io.

How funny. Pay something to Ghash.io and use their 'unknown miners' to get some extra mileage. What's so great about that ? This happens every now & then in every industry !!!

I don't think you understand how pools work.

I dont think you know that GHash has its own set of hardware that do not mine on their own pool. They are classified under 'unknown' category.
jimmothy
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November 22, 2014, 12:21:50 AM
Last edit: November 22, 2014, 12:45:18 AM by jimmothy
 #4526

You dont think you know that GHash has its own set of hardware that do not mine on their own pool. They are classified under 'unknown' category.

Got any proof or did you just make that up?

I think what you're trying to say is that AMhash could be renting hashrate from Bitfury (who supplies cex.io) which is possible, but incredibly unlikely considering Bitfury's hardware is much more expensive than Asicminers own hardware. Either way it's real hardware paying out real mining earnings.

You're right in the sense that a mining address alone with proof of mining does not prove they wont scam you, however it is strong evidence.

Likewise, hiding a mining address is not definitive proof of being a ponzi, however most agree that it is a very strong indicator.
Mabsark
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November 22, 2014, 12:49:05 AM
 #4527

My question is who is legit here ? AMhash, havelock, RockMiner are actually forming a cartel showing some fake 'mining proof', because they know, even if they are identified, none is going to catch them to China. So, the problem is for western companies. If their data is out, they'll have a Pirate40 like fate...

AMHash is ASICMiner - the oldest ASIC mining manufacturer - they're quite obviously legit and have provided plenty of evidence to show that. You'd have to be incredibly ignorant of bitcoin mining to think otherwise. Either that or just trolling...


ml73
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November 22, 2014, 08:37:13 AM
 #4528

Pbmining: Christmas contest coming  ??

raskul
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November 22, 2014, 08:55:58 AM
 #4529

You dont think you know that GHash has its own set of hardware that do not mine on their own pool. They are classified under 'unknown' category.

Got any proof or did you just make that up?

I think what you're trying to say is that AMhash could be renting hashrate from Bitfury (who supplies cex.io) which is possible, but incredibly unlikely considering Bitfury's hardware is much more expensive than Asicminers own hardware. Either way it's real hardware paying out real mining earnings.

You're right in the sense that a mining address alone with proof of mining does not prove they wont scam you, however it is strong evidence.

Likewise, hiding a mining address is not definitive proof of being a ponzi, however most agree that it is a very strong indicator.

one thing is true - there has never been a coinbase tx associated with any pbmining payouts which has been published in this thread.
I tried to follow back some of my very early payouts (i was customer number 51) - so it should have been easy to find the mined block right?
wrong.

pbmining is a pure ponzi.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
jimmothy
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November 22, 2014, 09:30:19 AM
 #4530

You dont think you know that GHash has its own set of hardware that do not mine on their own pool. They are classified under 'unknown' category.

Got any proof or did you just make that up?

I think what you're trying to say is that AMhash could be renting hashrate from Bitfury (who supplies cex.io) which is possible, but incredibly unlikely considering Bitfury's hardware is much more expensive than Asicminers own hardware. Either way it's real hardware paying out real mining earnings.

You're right in the sense that a mining address alone with proof of mining does not prove they wont scam you, however it is strong evidence.

Likewise, hiding a mining address is not definitive proof of being a ponzi, however most agree that it is a very strong indicator.

one thing is true - there has never been a coinbase tx associated with any pbmining payouts which has been published in this thread.
I tried to follow back some of my very early payouts (i was customer number 51) - so it should have been easy to find the mined block right?
wrong.

pbmining is a pure ponzi.

I've tried following the BTC myself and actually found that before they implemented their fancy coinmixer, they were sending BTC directly from new customer payments to their "mining payout" address.

See here:

https://bitiodine.net/a2a/1BaconNYiSsZoq79K9LuEEp7RyGjKuwodJ/1Payday1sm5wGqtatKscfXnxARZ2B2MF3z
https://bitiodine.net/a2a/1HammmJ8zaGVHicRxTPRDMdfGCujrfZc8y/1Payday1sm5wGqtatKscfXnxARZ2B2MF3z
https://bitiodine.net/a2a/1PBackwRV1rHvDpqkYRTR9WCEEEMEwuSrJ/1Payday1sm5wGqtatKscfXnxARZ2B2MF3z
https://bitiodine.net/a2a/1Bacon6DCo11jrXMvm39sgTxhRG9bRjQWy/1Payday1sm5wGqtatKscfXnxARZ2B2MF3z
https://bitiodine.net/a2a/1FeedQtUArhfWVGuVH13dX8dbf5XqqqJSq/1Payday1sm5wGqtatKscfXnxARZ2B2MF3z
https://bitiodine.net/a2a/1Porky8h4XMoM1RbtTHe7ZpPAe7DpE79Hb/1Payday1sm5wGqtatKscfXnxARZ2B2MF3z
https://bitiodine.net/a2a/1BaconH9L8CQ9eGJkjDqN28Pw8v8Rzbp6f/1Payday1sm5wGqtatKscfXnxARZ2B2MF3z
https://bitiodine.net/a2a/1Bacont6QxTg3SxfqEG5gfiqefGMCeSNqs/1Payday1sm5wGqtatKscfXnxARZ2B2MF3z
https://bitiodine.net/a2a/1PiGgYR36C3VdCP9k2zQLrp1ZvDQNdQsre/1Payday1sm5wGqtatKscfXnxARZ2B2MF3z
https://bitiodine.net/a2a/1BaconV3vARfyvKDMCbfZ5rE6acstH6GFV/1Payday1sm5wGqtatKscfXnxARZ2B2MF3z
https://bitiodine.net/a2a/1PorkyB6s8Tb7JU8QiBpreD159iW6aaSWt/1Payday1sm5wGqtatKscfXnxARZ2B2MF3z

I think one of the biggest red flags is the fact that PBmining doesn't care that several customers (many who have already turned a profit) are admitting they wont invest another dime simply due to their shadiness/lack of transparency.

It's hard to believe that they would rather spend boatloads of money on advertising/referrals payouts/coinmixing instead of proving they aren't a ponzi which would give them far more customers.

If they had proven they weren't a ponzi, I'm positive they would have dominated the cloudmining space and received huge amounts of VC funding because their rates are far better than any other offering.
raskul
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November 22, 2014, 09:34:20 AM
 #4531

for once in my life, Jimmothy, i'm in total agreement. and kudos to you for doing the research on the coinmixing.
i've sat with 540GH/s on pbmining since before summer and i will not be buying more, nor will i promote pbmining.

the funny thing i also notice, the very few referrals i did get, don't seem to buying any more either.

and agreed, if pbmining were to come clean, show us everything, they would indeed dominate the cloud mining market.
pbmining gives us anything more transparent than the link in my sig (proper p2p cloud mining) and i'll eat crow.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
SpanishSoldier
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November 22, 2014, 11:50:50 AM
 #4532

You dont think you know that GHash has its own set of hardware that do not mine on their own pool. They are classified under 'unknown' category.

Got any proof or did you just make that up?

I think what you're trying to say is that AMhash could be renting hashrate from Bitfury (who supplies cex.io) which is possible, but incredibly unlikely considering Bitfury's hardware is much more expensive than Asicminers own hardware. Either way it's real hardware paying out real mining earnings.

You're right in the sense that a mining address alone with proof of mining does not prove they wont scam you, however it is strong evidence.

Likewise, hiding a mining address is not definitive proof of being a ponzi, however most agree that it is a very strong indicator.

My question is who is legit here ? AMhash, havelock, RockMiner are actually forming a cartel showing some fake 'mining proof', because they know, even if they are identified, none is going to catch them to China. So, the problem is for western companies. If their data is out, they'll have a Pirate40 like fate...

AMHash is ASICMiner - the oldest ASIC mining manufacturer - they're quite obviously legit and have provided plenty of evidence to show that. You'd have to be incredibly ignorant of bitcoin mining to think otherwise. Either that or just trolling...




Someone manufactures hardware or really mining some block, does not prove anything. This is no legitimacy proof as a cloud miner. It just means they know how to do the job. Unless they can accurately prove the volume they are selling, it is always a half truth or a magnificent lie. Any overselling is obviously Ponzi and the Havelock led AMhash backed Chinese cartel is exactly doing that.
jimmothy
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November 22, 2014, 12:25:35 PM
 #4533

Someone manufactures hardware or really mining some block, does not prove anything. This is no legitimacy proof as a cloud miner. It just means they know how to do the job.

A mining address actually does prove they are not a ponzi.

Quote
Unless they can accurately prove the volume they are selling, it is always a half truth or a magnificent lie.

It's pretty clear you've done absolutely no research before forming your conclusions. If you had ever visited havelock you would have known that they tell you exactly how many shares have been sold. (645 TH/s)



There's more than ~1 PH/s in this picture alone and they've proven they have ~5 PH/s currently mining on ghash.io.

Quote
Any overselling is obviously Ponzi and the Havelock led AMhash backed Chinese cartel is exactly doing that.

And you sir have just proven you're a complete idiot.
raskul
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November 22, 2014, 12:32:48 PM
 #4534

here is the thing... legitimate cloud mining operations should be invested in, because it means that little folks like myself are taking hashpower out of the hands of the big farms. this, in turn will ensure that BTC price improves since it reduces the massive dumps that are seen to bring the price down.

ideally, what I would want, is cloud mining that I can choose which pool to mine on - or even better, services like betarigs or leasreig which empower p2p cloud mining.

if I can't dictate which pool i use with any 'cloud mining' service, i just won't buy.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
galdur
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November 22, 2014, 12:35:15 PM
 #4535

Spanish S., Trying to reason with these obsessive-compulsive cases

is obviously a hopeless proposition and a total waste of time.

1Referee
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November 22, 2014, 12:47:35 PM
 #4536

This forum is full of people who are repeating the same all day long, aren't you guys tired already?

From the start of this thread till now, nothing has changed, and nothing will change, some guys are way too obsessed  Cheesy
galdur
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November 22, 2014, 12:50:41 PM
 #4537

I don´t have the medical training to deal with this kind of condition
so it soon goes on ignore.


pbleak
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November 22, 2014, 05:00:04 PM
 #4538

I have 500+GHs at pbmining. Would love to buy more because the site is so smooth, but it's very likely a ponzi. There is zero information about the owners or operation, there is no attempt on here to engage us, and due to the lack of info they could just disappear one day and what could you do anyway? I'm close to ROI so it won't matter so much. If they last another year I'll be happy.

The weird part is that if they are legit and really proved it I'd pummel way more into the site. So it's odd that they don't just do it.
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November 22, 2014, 06:28:58 PM
 #4539

I have 500+GHs at pbmining.  I'm close to ROI so it won't matter so much.

You mind to tell us when you bought the GHS?

And are all the GHS bought or did you also gain GHS via referrals?
Puppet
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November 22, 2014, 07:09:06 PM
 #4540

Some people prefer to stay anonymous.

Sure, in particular scammers love their anonymity.
Scammers also can't prove their hashrate by showing us the blockchain evidence.
They can't show pictures of their non existing datacenter
They can't get their hardware vendors to vouch for them because they have no vendors
They can, however, offer as low a price as they want to.
They can also offer insane deals on referrals.
And they like to mix coins so we cant trace the origins.


If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck.


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