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Author Topic: PB Mining -- 5 year mining contracts!  (Read 378871 times)
MrTeal
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December 03, 2014, 09:15:48 PM
 #5061

The weekly Payout on 10GH/s (on a very suspecious) Cloud mining.website was:

0.00066363



PBMining Payout 10 Gh/s was: 0.00075139


I have not done the numbers but what 10Gh/s should have been then?

Try to collect the data of CEX.io & AMhash payment of last week against 10Ghs as well Wink

wasn´t "never trust and IO website" one of the groundrules in cryptocurrency?

I think CEX has a heavy monthly fee on GH, so i expect it little low when eating up big % roi ?

What are the data for them against 10 GH/s?
They charge $0.105/month, so BTC0.00276316/month or BTC0.00063765/week (based on 4.333wks/yr) at  the current $380 rate. cex.io uses actually equipment to mine with so payout will vary based on luck, but you would expect the same BTC0.00087353 plus a couple percent for transaction fees, if they pay those out.
5ick3uffalo
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December 03, 2014, 10:20:33 PM
 #5062

The weekly Payout on 10GH/s (on a very suspecious) Cloud mining.website was:

0.00066363



PBMining Payout 10 Gh/s was: 0.00075139


I have not done the numbers but what 10Gh/s should have been then?

Try to collect the data of CEX.io & AMhash payment of last week against 10Ghs as well Wink

wasn´t "never trust and IO website" one of the groundrules in cryptocurrency?

I think CEX has a heavy monthly fee on GH, so i expect it little lower when eating up big % roi ?

What are the data for them against 10 GH/s?

Any websites out there who are doing the maths for me for different cloud minign services? ^^ Where i can put in 1,10,100 GH/s whatever and it shows me actual payouts after fees, if any?

If u go back a few page before, u'll find CEX.io has done -ve payout and AM hash is paying within the range of 60%-65% of the ideal amount (that u find in various mining calculators), whereas from your example only, it is evident that both cloudmining.website and PB mining are paying within the range of 75%-85% of the ideal amount. Electricity & maintenance costs are applicable to everyone. Some are giving the breakup and some are not.

So, how far these HaveLock guys try to push u to CEX.io or AM hash, be confident that u r still at a way better position than them...

I can´t find any maintenance costs on both websites.

Maybe just bad luck in mining hence the lower Payouts?

BTC: 1Dw9feZAGSeHvaiQ55T7C92VAAXB2nVKKk
Netwerked
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December 03, 2014, 10:44:40 PM
 #5063

That he is underpaying is a proven fact. That not more people are outraged can only be explained by me by the fact those people are glad to still be receiving anything at all.

I received 86% of my expected payment this past Saturday night.  That comes out to about 6/7ths of my expected payout, or one day of theoretical pay missing.  I know that the payments can vary slightly from week to week, depending on payout time.  For example, in some weeks, I received slightly more than the theoretical payment to make up for getting a little less the week before (less than 1% difference).  The payment has never been off by 14% though.

I think everyone who reads this thread is aware that a payment anomaly has taken place.  Now we will look for a pattern.  Ideally, the next payment will be the theoretical payment plus the missing 1/7th of this past Sunday's payment.  Perhaps the payment will return to the normal theoretical payout, or it will continue to be short.  The fact that we haven't received an official statement about the payment anomaly is a bit disconcerting.

Its also a fact pbmining has never demonstrated any proof of legitimacy and countless red flags make this as trustworthy as a nigerian 419 scam.

The entire business is built on blind trust.  The company's mantra is, "We don't have to prove we are legitimate, because we get enough business as is."
SpanishSoldier
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December 03, 2014, 10:48:26 PM
 #5064

The weekly Payout on 10GH/s (on a very suspecious) Cloud mining.website was:

0.00066363



PBMining Payout 10 Gh/s was: 0.00075139


I have not done the numbers but what 10Gh/s should have been then?

Try to collect the data of CEX.io & AMhash payment of last week against 10Ghs as well Wink

wasn´t "never trust and IO website" one of the groundrules in cryptocurrency?

I think CEX has a heavy monthly fee on GH, so i expect it little lower when eating up big % roi ?

What are the data for them against 10 GH/s?

Any websites out there who are doing the maths for me for different cloud minign services? ^^ Where i can put in 1,10,100 GH/s whatever and it shows me actual payouts after fees, if any?

If u go back a few page before, u'll find CEX.io has done -ve payout and AM hash is paying within the range of 60%-65% of the ideal amount (that u find in various mining calculators), whereas from your example only, it is evident that both cloudmining.website and PB mining are paying within the range of 75%-85% of the ideal amount. Electricity & maintenance costs are applicable to everyone. Some are giving the breakup and some are not.

So, how far these HaveLock guys try to push u to CEX.io or AM hash, be confident that u r still at a way better position than them...

I can´t find any maintenance costs on both websites.

Maybe just bad luck in mining hence the lower Payouts?

Do they mention zero maintenance cost either ? If u demand that u wont give any maintenance fee, just because they dint give the breakup, then I have nothing much to say. But, I believe, except for the few havelock sales agents, no one will make such an impossible demand.

If u have ever done solo mining, u'll know that 75%-85% are no bad luck. That is normal. U need to consider pool fees as well, which probably does not apply to CEX.io as they mine at Ghash, their own pool.
picolo
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December 03, 2014, 11:28:25 PM
 #5065

The weekly Payout on 10GH/s (on a very suspecious) Cloud mining.website was:

0.00066363



PBMining Payout 10 Gh/s was: 0.00075139


I have not done the numbers but what 10Gh/s should have been then?

Try to collect the data of CEX.io & AMhash payment of last week against 10Ghs as well Wink

wasn´t "never trust and IO website" one of the groundrules in cryptocurrency?

I think CEX has a heavy monthly fee on GH, so i expect it little lower when eating up big % roi ?

What are the data for them against 10 GH/s?

Any websites out there who are doing the maths for me for different cloud minign services? ^^ Where i can put in 1,10,100 GH/s whatever and it shows me actual payouts after fees, if any?

Your revenue will depend on your prediction of the change in difficulty.

Cloudminr gives you your expected profit for a year : for 50GHS : 0.10465 BTC
Cex.io gives you a simulation here https://cex.io/bitcoin-calculator
SpanishSoldier
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December 03, 2014, 11:36:12 PM
 #5066

The weekly Payout on 10GH/s (on a very suspecious) Cloud mining.website was:

0.00066363



PBMining Payout 10 Gh/s was: 0.00075139


I have not done the numbers but what 10Gh/s should have been then?

Try to collect the data of CEX.io & AMhash payment of last week against 10Ghs as well Wink

wasn´t "never trust and IO website" one of the groundrules in cryptocurrency?

I think CEX has a heavy monthly fee on GH, so i expect it little lower when eating up big % roi ?

What are the data for them against 10 GH/s?

Any websites out there who are doing the maths for me for different cloud minign services? ^^ Where i can put in 1,10,100 GH/s whatever and it shows me actual payouts after fees, if any?

Your revenue will depend on your prediction of the change in difficulty.

Cloudminr gives you your expected profit for a year : for 50GHS : 0.10465 BTC
Cex.io gives you a simulation here https://cex.io/bitcoin-calculator

I'm not sure if they're saying it. But, if I consider that u r speaking the truth, then they are blatantly lying. It is impossible to predict 1 year return. There are so many unknown parameters out there... difficulty, mining variance, electricity cost, maintenance cost are to name a few...
picolo
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December 03, 2014, 11:50:15 PM
 #5067

The weekly Payout on 10GH/s (on a very suspecious) Cloud mining.website was:

0.00066363



PBMining Payout 10 Gh/s was: 0.00075139


I have not done the numbers but what 10Gh/s should have been then?

Try to collect the data of CEX.io & AMhash payment of last week against 10Ghs as well Wink

wasn´t "never trust and IO website" one of the groundrules in cryptocurrency?

I think CEX has a heavy monthly fee on GH, so i expect it little lower when eating up big % roi ?

What are the data for them against 10 GH/s?

Any websites out there who are doing the maths for me for different cloud minign services? ^^ Where i can put in 1,10,100 GH/s whatever and it shows me actual payouts after fees, if any?

Your revenue will depend on your prediction of the change in difficulty.

Cloudminr gives you your expected profit for a year : for 50GHS : 0.10465 BTC
Cex.io gives you a simulation here https://cex.io/bitcoin-calculator

I'm not sure if they're saying it. But, if I consider that u r speaking the truth, then they are blatantly lying. It is impossible to predict 1 year return. There are so many unknown parameters out there... difficulty, mining variance, electricity cost, maintenance cost are to name a few...

If you go to the website, you will see they give you this result. It is obviously an estimation, I don't know the parameters but they had to set a certain maintenance fee and increase in difficulty. Electricity would be calculated in the maintenance costs (currently zero) and mining variance is just variance so wouldn't affect the calculated result.
btcminer84
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December 04, 2014, 01:09:37 AM
 #5068

but if it has been paying under expectation every week for more than 10weeks, there is a big problem.

The payout issue is indeed for more than a few weeks.

I received 86% of my expected payment this past Saturday night.  That comes out to about 6/7ths of my expected payout, or one day of theoretical pay missing.  I know that the payments can vary slightly from week to week, depending on payout time.  For example, in some weeks, I received slightly more than the theoretical payment to make up for getting a little less the week before (less than 1% difference).  The payment has never been off by 14% though.

Correct.

SFMiner
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December 04, 2014, 01:40:01 AM
 #5069

The weekly Payout on 10GH/s (on a very suspecious) Cloud mining.website was:

0.00066363



PBMining Payout 10 Gh/s was: 0.00075139


I have not done the numbers but what 10Gh/s should have been then?

Try to collect the data of CEX.io & AMhash payment of last week against 10Ghs as well Wink

wasn´t "never trust and IO website" one of the groundrules in cryptocurrency?

I think CEX has a heavy monthly fee on GH, so i expect it little lower when eating up big % roi ?

What are the data for them against 10 GH/s?

Any websites out there who are doing the maths for me for different cloud minign services? ^^ Where i can put in 1,10,100 GH/s whatever and it shows me actual payouts after fees, if any?

Your revenue will depend on your prediction of the change in difficulty.

Cloudminr gives you your expected profit for a year : for 50GHS : 0.10465 BTC
Cex.io gives you a simulation here https://cex.io/bitcoin-calculator

I'm not sure if they're saying it. But, if I consider that u r speaking the truth, then they are blatantly lying. It is impossible to predict 1 year return. There are so many unknown parameters out there... difficulty, mining variance, electricity cost, maintenance cost are to name a few...

If you go to the website, you will see they give you this result. It is obviously an estimation, I don't know the parameters but they had to set a certain maintenance fee and increase in difficulty. Electricity would be calculated in the maintenance costs (currently zero) and mining variance is just variance so wouldn't affect the calculated result.

If you use a profitability calculator like bitcoinwisdom, and work from an expected return of .10465 BTC/yr, with zero maintenance/electricity/hosting/etc, starting from today at 50 GH/S, the average difficulty increment would have to be 7.4% or less over the next year to achieve that ROI.  Before July I would have said that return was impossible, but given the latest difficulty drop, and the average difficulty increase since July, this is entirely possible.

That being said, I noticed a significant decrease to my PB Mining payment this week, whereas I would have expected a variance of less than 1% vs. the week ended Nov. 23rd, since the difficulty increased a few days into that week by 1.76%.

Overall, I would feel a lot more comfortable with my PB Mining investment if someone from the company would confirm that there was a payment variance this week for some reason.
Rudler
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December 04, 2014, 06:55:01 AM
 #5070

Hmm....PBMining was logged in the last days every time, a bunch of times every day.

So I think, he / they are reading everything here.

But why dont answer? Payouts are little bit smaller but coming constant.

Untill now, it is not too late to answer..... Wink

cypher21
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December 04, 2014, 07:53:36 AM
 #5071

Hmm....PBMining was logged in the last days every time, a bunch of times every day.

So I think, he / they are reading everything here.

But why dont answer? Payouts are little bit smaller but coming constant.

Untill now, it is not too late to answer..... Wink




Guys:) Wait for the next payout. If there is again 6/7 we have a problem. otherwise i think it is no problem  Smiley
Rudler
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December 04, 2014, 08:06:43 AM
 #5072

But an sign of life from PBMining would be good.

Maybe a new promotoin campaign?  Wink

Btw. if you are looking to your current account balance @ PB, there are 1/7 already missing....!
raskul
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December 04, 2014, 08:10:25 AM
 #5073

you can always rely on a swathe of newbs to assure us the ponzi's are genuine!  Roll Eyes

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
cypher21
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December 04, 2014, 08:26:45 AM
 #5074

But an sign of life from PBMining would be good.

Maybe a new promotoin campaign?  Wink

Btw. if you are looking to your current account balance @ PB, there are 1/7 already missing....!

it miss already 1/7? This week?
Rudler
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December 04, 2014, 09:00:23 AM
 #5075

If I compare the value from alloscomp calculator to my account balance of PB,
there is missing more then 1/7 of total every day...! Former times it was ok.
raskul
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December 04, 2014, 09:05:00 AM
 #5076

If I compare the value from alloscomp calculator to my account balance of PB,
there is missing more then 1/7 of total every day...! Former times it was ok.


because they are not mining anything. payouts are made from their own mathematical equation,
pbmining is clearly a ponzi scheme which can only pay out to the value of what people put in.

ponzi.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
Rudler
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December 04, 2014, 09:11:56 AM
 #5077

Therefore I was asking for another promotion.... Wink
Puppet
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December 04, 2014, 09:16:29 AM
 #5078

Therefore I was asking for another promotion.... Wink

translation: "lets try to convince some new suckers to throw away their money so that I can limit my loss or maybe profit".

Rudler
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December 04, 2014, 09:34:02 AM
 #5079

You understand irony? You have seen the smilie?

Only my endofworldmood.... Grin
newIndia
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December 04, 2014, 09:38:50 AM
 #5080

Therefore I was asking for another promotion.... Wink

Yah... another sig campaign from PB would be great. At least we wont be cheated like the escrow less sig campaigns.

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