PB Mining -- 5 year mining contracts!

[Mabsark]

Well, I doubt that you´re a very reliable authority on these things.

And since that AMASH thing carries a ponzi scam warning from BCT
I think I´m in full right to enquire.

AMHash does not carry a warning from BCT at all. The BCT "Securities" sub-forum is what carries the warning.

BCT thinks BCT is a ponzi!

What are u talking about ? Hashie admitted that they do the same !!! What's the problem if PB does it ?

After saying that though, Hashie then started selling AMHash which was confirmed by AMHash. So, they have an ASIC manufacturer confirming that they have hashing power. What ASIC manufacturer has confirmed PB have any hashing power?

[raskul]

What ASIC manufacturer has confirmed PB have any hashing power?

I know of at least TWO h/w manufacturers who have approached PBMining to offer them good discounts to purchase their products.
FACT: PBMining refused flat they required any hardware from those vendors.

to this day, I do not know which hardware PBMining are using, and I had speculated a while back that it was actually a venture which evolved from the HashFail brothers mass-screw-over of their customers.

In fact, wouldn't it be a proper kick in the nuts if Hashfail have been getting away with this ponzi for this length of time.
scary, unlikely, but not wholly impossible.

[galdur]

Well, I doubt that you´re a very reliable authority on these things.

And since that AMASH thing carries a ponzi scam warning from BCT
I think I´m in full right to enquire.

AMHash does not carry a warning from BCT at all. The BCT "Securities" sub-forum is what carries the warning.

BCT thinks BCT is a ponzi!

What are u talking about ? Hashie admitted that they do the same !!! What's the problem if PB does it ?

After saying that though, Hashie then started selling AMHash which was confirmed by AMHash. So, they have an ASIC manufacturer confirming that they have hashing power. What ASIC manufacturer has confirmed PB have any hashing power?

Every "security" in that securities section carries that Ponzi
warning from BCT. It´s just strange that the ponzi specialists
here are pushing something that has this warning. But of
course it´s very well established that they don´t have a clue
about what´s a ponzi and what´s not.

[ATCkit]

What ASIC manufacturer has confirmed PB have any hashing power?

I know of at least TWO h/w manufacturers who have approached PBMining to offer them good discounts to purchase their products.
FACT: PBMining refused flat they required any hardware from those vendors.

to this day, I do not know which hardware PBMining are using, and I had speculated a while back that it was actually a venture which evolved from the HashFail brothers mass-screw-over of their customers.

In fact, wouldn't it be a proper kick in the nuts if Hashfail have been getting away with this ponzi for this length of time.
scary, unlikely, but not wholly impossible.

I don't think any company could get away with a Ponzi for as long as companies like PB mining have been around. I very much doubt PB Mining is a ponzi as i have seen several people mention ( in various forum threads) they gained ROI with PB a long time ago.

[raskul]

What ASIC manufacturer has confirmed PB have any hashing power?

I know of at least TWO h/w manufacturers who have approached PBMining to offer them good discounts to purchase their products.
FACT: PBMining refused flat they required any hardware from those vendors.

to this day, I do not know which hardware PBMining are using, and I had speculated a while back that it was actually a venture which evolved from the HashFail brothers mass-screw-over of their customers.

In fact, wouldn't it be a proper kick in the nuts if Hashfail have been getting away with this ponzi for this length of time.
scary, unlikely, but not wholly impossible.

I don't think any company could get away with a Ponzi for as long as companies like PB mining have been around. I very much doubt PB Mining is a ponzi as i have seen several people mention ( in various forum threads) they gained ROI with PB a long time ago.

you clearly haven't read the arguments in this thread.
a ponzi is able to last as long as people keep throwing money at it. I don't know how much clearer i can put that.

[n2004al]

What ASIC manufacturer has confirmed PB have any hashing power?

I know of at least TWO h/w manufacturers who have approached PBMining to offer them good discounts to purchase their products.
FACT: PBMining refused flat they required any hardware from those vendors.

to this day, I do not know which hardware PBMining are using, and I had speculated a while back that it was actually a venture which evolved from the HashFail brothers mass-screw-over of their customers.

In fact, wouldn't it be a proper kick in the nuts if Hashfail have been getting away with this ponzi for this length of time.
scary, unlikely, but not wholly impossible.

I don't think any company could get away with a Ponzi for as long as companies like PB mining have been around. I very much doubt PB Mining is a ponzi as i have seen several people mention ( in various forum threads) they gained ROI with PB a long time ago.

I have 9 month with pb mining and pb mining has another 2 year story with the selling of hash power in ebay. No one compliant.

[galdur]

What ASIC manufacturer has confirmed PB have any hashing power?

I know of at least TWO h/w manufacturers who have approached PBMining to offer them good discounts to purchase their products.
FACT: PBMining refused flat they required any hardware from those vendors.

to this day, I do not know which hardware PBMining are using, and I had speculated a while back that it was actually a venture which evolved from the HashFail brothers mass-screw-over of their customers.

In fact, wouldn't it be a proper kick in the nuts if Hashfail have been getting away with this ponzi for this length of time.
scary, unlikely, but not wholly impossible.

I don't think any company could get away with a Ponzi for as long as companies like PB mining have been around. I very much doubt PB Mining is a ponzi as i have seen several people mention ( in various forum threads) they gained ROI with PB a long time ago.

According to the ponzi specialists here this is a special kind
of ponzi with extra long staying power which could run for years
and years.

[Mabsark]

Every "security" in that securities section carries that Ponzi
warning from BCT. It´s just strange that the ponzi specialists
here are pushing something that has this warning. But of
course it´s very well established that they don´t have a clue
about what´s a ponzi and what´s not.

Says the new member with a pile of ponzis in his sig.  

Like I said, ponzi-pusher, that warning applies to the securities forum, not to any specific security and the full message is:

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

There have previously been verified ponzis that advertised in the services sub-forum. Does that mean all services advertised here are ponzis? Of course not. If the moderator put up a message warning people that there have been ponzis in this subforum, would you then agree that all the services in your sig which have promoted their service here are ponzis?

[ATCkit]

So? I really lost my 0.10 BTC?

I contacted you by email twice, no response until now.

Here is the second time two. So?

I rounded an amount for mistake in the order No:

4599622532352    0.10509545   75   22-11-2014   

The total amount sent was 0.105096 BTC you can see in transaction:

https://blockchain.info/pt/tx/0b19b69e9fe4edd86d4d4a137f55f4eb801a73ab120e58ab0be68de0688f3878

The trouble is that I sent the coins from a trade site, not from my own wallet and if you refund it it won't come to me.
So I ask you to mine the 75ghs into my account and leave the rounded amount away. Or if you refund it you must to do to my BTC wallet registered in my pbmining account.

I hope you can answer me asap, before you refund to other wallet because I sent you an email but didn't have response in time.

Thanks!

I made that mistake when i ordered the first time. I sent them a PM here. It got fixed. Here is the reply i got from them:

 "Our order system doesn't recognize amounts that are higher or lower, and so we must process those orders manually.  We actually have an agreement that you clicked through during the checkout process that told you how important this is, and failure to send the exact amount can lead to a 30 day hold on your order.  I'll process it for you now though, just remember for next time."

[galdur]

Every "security" in that securities section carries that Ponzi
warning from BCT. It´s just strange that the ponzi specialists
here are pushing something that has this warning. But of
course it´s very well established that they don´t have a clue
about what´s a ponzi and what´s not.

Says the new member with a pile of ponzis in his sig.  

Like I said, ponzi-pusher, that warning applies to the securities forum, not to any specific security and the full message is:

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

There have previously been verified ponzis that advertised in the services sub-forum. Does that mean all services advertised here are ponzis? Of course not. If the moderator put up a message warning people that there have been ponzis in this subforum, would you then agree that all the services in your sig which have promoted their service here are ponzis?

How do you know that those operations are ponzis ?
Since you state this as a fact you presumably have
something to back it up.

[Puppet]

I know of at least TWO h/w manufacturers who have approached PBMining to offer them good discounts to purchase their products.
FACT: PBMining refused flat they required any hardware from those vendors.

Fixed that for you.

[galdur]

Yeah, those ponzi specialists are always long on
knowing this and that but always short on providing
any evidence.

[raskul]

I know of at least TWO h/w manufacturers who have approached PBMining to offer them good discounts to purchase their products.
FACT: PBMining refused flat they required any hardware from those vendors.

Fixed that for you.

i refrained, but yes, had thought about wording it as you have FTFM. 

[coinmaster222]

galdur Well you that knows so much tell us how much hash power pb mining has and where they aquired there harware

[raskul]

galdur Well you that knows so much tell us how much hash power pb mining has and where they aquired there harware

he was also going to post a full business profile of PBMining, that took him 30 seconds to find on google, i recall.

[galdur]

galdur Well you that knows so much tell us how much hash power pb mining has and where they aquired there harware

I have no at all reason to do so.

It´s on you ponzi specialists to provide evidence
for your allegations. You started this ponzi bullshit.

[Mabsark]

How do you know that those operations are ponzis ?
Since you state this as a fact you presumably have
something to back it up.

It's not up to us to prove they're a ponzi, it's up to them to prove they're legit. If they were legit, they could quite easily prove that and end these allegations of being a ponzi but they choose not to do so. Why? Because they're a ponzi.

If you want to throw your money at some dodgy company instead of a company that's proven it has hashing power, or even more sensibly, a company that is also an ASIC manufacturer, then that just makes you a fool and anyone who listens to you is an even bigger fool.

Don't you think it strange that the only people supporting these ponzis are new users, whereas most the established users here are claiming they're ponzis?

[ATCkit]

Are there any companies providing hashing power with a maintenance fee whereby you can reach ROI if BTC is below $340?

I never expect BTC to stay above $340 for very long. So i do my profit calculations with that price in mind. As such, no company who charges a maintenance fee will ever reach ROI...unless they drastically lower maintenance fees to keep the customer base. GAW at least promises to lower  maintenance fees so miners can still be profitable. HahsNest recently lowered their fees.... but are still too high for me to buy from them. I ran both AMHASH offerings through my calculator (the coinplorer  site)  at that time too.

Since i can only break even and make some money from companies selling for the same price as  PB mining, as they have no maintenance fee, i had no choice but to buy from them....especially given the high ratings i have seen on Cloud Mining review web sites etc.

All in all there's very few cloud mining sites where we can have a chance to break even when btc is sub $340...which is where i worry it will settle at.

I actually view maintenance fees as a money grab to increase profits.  By using their low cost business model, companies like PB mining are happy to make X % and keep attracting customers away from their competitors. Simply put they don't want to be the only ones making $$. They want to customers to have a slice too.

[Puppet]

I don't think any company could get away with a Ponzi for as long as companies like PB mining have been around.

Its easy. If you do the math based on pb's public numbers,  you learn that in the previous month, PB got at least $150,000 more in revenue than they paid out as divs.  If you post that, then you got some ponzi apologists that try to correct your numbers, and you end up with closer to $250,000.  That would be net profit if you assume they have no real running costs. Not bad for one month.

Whatever the real number, no one is arguing its <$0. Hence continuing the ponzi is still increasing the operators loot.

The question of course is,  for how long.

Ive only recently been logging their stats, and one cant be sure they are accurate, but it appears sales arent going too well now. The past few days have been pretty much stagnant. If that continues,  Id expect desperate measures like price cuts or bonus reinvestment programs or whatever. If that fails to stop the bleeding, it wont be long before pbmining website looks like www.bitcoincloudhashing.com.

[ATCkit]

I don't think any company could get away with a Ponzi for as long as companies like PB mining have been around.

Its easy. If you do the math based on pb's public numbers,  you learn that in the previous month, PB got at least $150,000 more in revenue than they paid out as divs.  If you post that, then you got some ponzi apologists that try to correct your numbers, and you end up with closer to $250,000.  That would be net profit if you assume they have no real running costs. Not bad for one month.

Whatever the real number, no one is arguing its <$0. Hence continuing the ponzi is still increasing the operators loot.

The question of course is,  for how long.

Ive only recently been logging their stats, and one cant be sure they are accurate, but it appears sales arent going too well now. The past few days have been pretty much stagnant. If that continues,  Id expect desperate measures like price cuts or bonus reinvestment programs or whatever. If that fails to stop the bleeding, it wont be long before pbmining website looks like www.bitcoincloudhashing.com.

Well i guess i have to stop buying hashing power from any cloud miner then.