PB Mining -- 5 year mining contracts!

[raskul]

so they have added a perpetually decreasing calculator on payouts.

seems this ponzi is indeed winding down.

[pbleak]

"Jeremy Biggs".

I cannot find anything on him but there is an old post where someone was selling a PBMining contract and the admin seemed to reply with a different name. Struggling to find the post (would be under something like 'selling pbmining contract').

[pbleak]

Another weird mention of his name:
https://forum.bittiraha.fi/index.php?topic=1760.70;wap2

[pbleak]

Also I'm willing to listen to offers for selling my contract for those of you who trust in this more. 525 GHS, month old contracts.

[blubberli]

"Jeremy Biggs".

I cannot find anything on him but there is an old post where someone was selling a PBMining contract and the admin seemed to reply with a different name. Struggling to find the post (would be under something like 'selling pbmining contract').

Now, this Twitter account is labeled "Jeremy Biggs": https://twitter.com/PBminer 

[pbleak]

Well he is online now...

[raskul]

Well he is online now...

[coinmaster222]

Doubt if that twitter account has anything to do with Pb Mining,if they were up to talking I think the first place they would address peoples fears would be on here and it has never tweeted I dont think. 

[pbleak]

He replied to me on here quite quickly regarding a query.

[raskul]

He replied to me on here quite quickly regarding a query.

[galdur]

I doubt that Mr. Biggs has the proper medical training

to deal with the worst nutcases here 

[raskul]

I doubt that Mr. Biggs has the proper medical training

to deal with the worst nutcases here 

This is Jeremy's brother, Ronnie (you might want to google them)

[galdur]

Like this seriously obsessive-compulsive case.

[pbleak]

https://anonfiles.com/file/761b218acec1a625e22b3a143791bc00

Here you go.

[5ick3uffalo]

He replied to me on here quite quickly regarding a query.

Had also never a problem and support was quick when needed

[picolo]

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.....

Guys:) Wait for the next payout. If there is again 6/7 we have a problem. otherwise i think it is no problem 

exactly. yes because difficult jump was negative , so can`t be lower than last one

Ummmm... I have a feeling that our next payment will be lower than the last one.  Here is why:

Let's assume that a contract has 1TH, and the difficulty decreased around 6PM EST 12/2/2014.

Difficulty, Theoretical BTC/Hour, # Hours This Week So Far
40,300,030,328, 0.00052BTC, 66 Hours (Sunday - Tuesday @ 6PM)
40,007,470,271, 0.0005238BTC, 42 Hours (Tuesday @ 6PM + 24 Hours for Wednesday + 12 Hours Today)

This means that as of 12PM EST, I should have:
0.00052 * 66 + 0.0005238 * 42 = 0.03432 + 0.0219996 = 0.0563196BTC pending

When I check my account balance, I actually have: 0.04641061BTC pending

0.04641061 / 0.0563196 = 82.41% of expected pending BTC.

The network was unlucky as a whole for the last 24h so should get less than expected.
https://blockchain.info/

[Rudler]

raskul, I have got some other one for you:



scnr....

[MrTeal]

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.....

Guys:) Wait for the next payout. If there is again 6/7 we have a problem. otherwise i think it is no problem 

exactly. yes because difficult jump was negative , so can`t be lower than last one

Ummmm... I have a feeling that our next payment will be lower than the last one.  Here is why:

Let's assume that a contract has 1TH, and the difficulty decreased around 6PM EST 12/2/2014.

Difficulty, Theoretical BTC/Hour, # Hours This Week So Far
40,300,030,328, 0.00052BTC, 66 Hours (Sunday - Tuesday @ 6PM)
40,007,470,271, 0.0005238BTC, 42 Hours (Tuesday @ 6PM + 24 Hours for Wednesday + 12 Hours Today)

This means that as of 12PM EST, I should have:
0.00052 * 66 + 0.0005238 * 42 = 0.03432 + 0.0219996 = 0.0563196BTC pending

When I check my account balance, I actually have: 0.04641061BTC pending

0.04641061 / 0.0563196 = 82.41% of expected pending BTC.

The network was unlucky as a whole for the last 24h so should get less than expected.
https://blockchain.info/

PBMining's whole schtick was that you would get 100% PPS equivalent for your hashrate, no fees or costs. Network luck should have no bearing on it.

[ajw7989]

I hope we get some clarification to why the payouts are being skimmed. I am too lazy to do the calculations since I ROIed a bit ago so I will believe the crowd. If it was a scam the payouts would stop and not be skimmed. Not sure if they aren't making enough profit so they decided to skim or its a bug/glitch only time will tell.

[newIndia]

-snip-
PBMining's whole schtick was that you would get 100% PPS equivalent for your hashrate, no fees or costs. Network luck should have no bearing on it.

For a real miner, this is impossible. If they satisfy this demand of yours, u can be 110% sure that they are Ponzi.