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Author Topic: PB Mining -- 5 year mining contracts!  (Read 378916 times)
galdur
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December 05, 2014, 06:50:04 AM
 #5201

Looks like their payout is about as shitty as at AMHASH and Hashie as I suspected

2014-11-18 13:28:04 +0800


Quote
GOOD NEWS: HASHNEST announces that the electricity fee will be lowered to CNY 0.6/KWH from Nov. 18th, 2014(UTC+8). In another words, the maintenance fee of UMISOO and ANTS2 will be lower to $0.00228/GHS/day, and ANTS3 will be lowered to $0.002/GHS/day. The current difficulty is 39,603,666,252, so the calculation of Fees/Earnings should be 45.3% if the Bitcoin exchange rate is at $400.

gusxyz
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December 05, 2014, 06:53:07 AM
 #5202

prices of major cloud mining today (GHS/BTC):

cex.io:   0.00155108
pbmining.com:   0.0014
bitmaintech.com (BITMAIN cloud mining): 0.0008988

There are more but not mentioned, it is clear who will be the leader.

BITMAIN takes things seriously, it is not a joker, your company is very solid and known worldwide.

I doubt a lot that pbmining or any other company will be able to compete with their prices and services, in fact no one can compete with chinese.

http://2.bp.blogspot.com/-KMPtQCfqNuw/VIFLnGZoa0I/AAAAAAAAANg/VGmGQPcoJRE/s1600/minar.png

 Grin
That's not Bitmain, that's a reseller market place. Bitmain itself charges 0.0001125/GH/s. That's not really that important a distinction though.
The biggest difference is that they charge a maintenance fee of $0.0022896/GHS/Day. At the current price, that's BTC0.00018874/month.

who said pbmining had no electricity costs HuhHuh that explains the difference in payments, otherwise would exist SKIMMING PAYOUTS.
Rudler
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December 05, 2014, 06:56:56 AM
 #5203

Wow....only sleeping 8 hours and so many new post, no...sites and posts of PBMining... Grin

Ok, where are the sockpuppets, got my coffee ready steady go!

And again.

Waitress:   Well, there's egg and bacon; egg sausage and bacon; egg and scam; egg bacon and scam;
                egg bacon sausage and scam; scam bacon sausage and scam; scam egg scam scam bacon and scam;
                scam sausage scam scam bacon scam tomato and scam

 Wink





jimmothy
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December 05, 2014, 07:02:06 AM
 #5204

who said pbmining had no electricity costs HuhHuh that explains the difference in payments, otherwise would exist SKIMMING PAYOUTS.

Can you find any mention of electricity costs?

I'm not sure why anyone in their right mind would buy a contract that allows the operator to pay out whatever he wants.
gusxyz
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December 05, 2014, 07:03:36 AM
 #5205

Looks like their payout is about as shitty as at AMHASH and Hashie as I suspected

2014-11-18 13:28:04 +0800


Quote
GOOD NEWS: HASHNEST announces that the electricity fee will be lowered to CNY 0.6/KWH from Nov. 18th, 2014(UTC+8). In another words, the maintenance fee of UMISOO and ANTS2 will be lower to $0.00228/GHS/day, and ANTS3 will be lowered to $0.002/GHS/day. The current difficulty is 39,603,666,252, so the calculation of Fees/Earnings should be 45.3% if the Bitcoin exchange rate is at $400.

I have not to prove to you anything, I care a hoot about what you think about.  Cheesy
galdur
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December 05, 2014, 07:09:28 AM
 #5206

Looks like their payout is about as shitty as at AMHASH and Hashie as I suspected

2014-11-18 13:28:04 +0800


Quote
GOOD NEWS: HASHNEST announces that the electricity fee will be lowered to CNY 0.6/KWH from Nov. 18th, 2014(UTC+8). In another words, the maintenance fee of UMISOO and ANTS2 will be lower to $0.00228/GHS/day, and ANTS3 will be lowered to $0.002/GHS/day. The current difficulty is 39,603,666,252, so the calculation of Fees/Earnings should be 45.3% if the Bitcoin exchange rate is at $400.

I have not to prove to you anything, I care a hoot about what you think about.  Cheesy

Well, I´m just elated that you care a hoot about what i think about.

Puppet
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December 05, 2014, 07:10:30 AM
 #5207

A - B = C

Where
A= last week total sales
B= arbitrary profit margin
C= weekly total payouts (capped at theoretical mining revenue)

Recently sales have been dropping, they are now quite close to the theoretical mining revenue. No surprise payouts had to be lowered, otherwise there wouldnt have been a ponzi profit. Next move will likely be to lower prices, but doing so will accelerate the collapse of this ponzi.

gusxyz
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December 05, 2014, 07:16:19 AM
 #5208

Looks like their payout is about as shitty as at AMHASH and Hashie as I suspected

2014-11-18 13:28:04 +0800


Quote
GOOD NEWS: HASHNEST announces that the electricity fee will be lowered to CNY 0.6/KWH from Nov. 18th, 2014(UTC+8). In another words, the maintenance fee of UMISOO and ANTS2 will be lower to $0.00228/GHS/day, and ANTS3 will be lowered to $0.002/GHS/day. The current difficulty is 39,603,666,252, so the calculation of Fees/Earnings should be 45.3% if the Bitcoin exchange rate is at $400.

I have not to prove to you anything, I care a hoot about what you think about.  Cheesy

Well, I´m just elated that you care a hoot about what i think about.

well, men write in English, kitten in Icelandic.  Wink
galdur
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December 05, 2014, 07:23:54 AM
 #5209

Looks like their payout is about as shitty as at AMHASH and Hashie as I suspected

2014-11-18 13:28:04 +0800


Quote
GOOD NEWS: HASHNEST announces that the electricity fee will be lowered to CNY 0.6/KWH from Nov. 18th, 2014(UTC+8). In another words, the maintenance fee of UMISOO and ANTS2 will be lower to $0.00228/GHS/day, and ANTS3 will be lowered to $0.002/GHS/day. The current difficulty is 39,603,666,252, so the calculation of Fees/Earnings should be 45.3% if the Bitcoin exchange rate is at $400.

I have not to prove to you anything, I care a hoot about what you think about.  Cheesy

Well, I´m just elated that you care a hoot about what i think about.

well, men write in English, kitten in Icelandic.  Wink

Your bunk looks more like drunkenese to me.

gusxyz
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December 05, 2014, 07:52:14 AM
 #5210

Looks like their payout is about as shitty as at AMHASH and Hashie as I suspected

2014-11-18 13:28:04 +0800


Quote
GOOD NEWS: HASHNEST announces that the electricity fee will be lowered to CNY 0.6/KWH from Nov. 18th, 2014(UTC+8). In another words, the maintenance fee of UMISOO and ANTS2 will be lower to $0.00228/GHS/day, and ANTS3 will be lowered to $0.002/GHS/day. The current difficulty is 39,603,666,252, so the calculation of Fees/Earnings should be 45.3% if the Bitcoin exchange rate is at $400.

I have not to prove to you anything, I care a hoot about what you think about.  Cheesy

Well, I´m just elated that you care a hoot about what i think about.

well, men write in English, kitten in Icelandic.  Wink

Your bunk looks more like drunkenese to me.

JAJAJA you make me laugh  Cheesy Cheesy, next time write in English, and do not hide like a woman writing in another language.
Rudler
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December 05, 2014, 08:17:51 AM
 #5211

Btw. @PBMining:

How about some christmaspromotion?  Wink
 
cypher21
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December 05, 2014, 08:22:59 AM
 #5212

Btw. @PBMining:

How about some christmaspromotion?  Wink
 


good idea Wink so PB get more money = more payout for us xD
Rudler
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December 05, 2014, 08:30:27 AM
 #5213

Yep!  Wink

And again I want to spend some BTC too.

gusxyz
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December 05, 2014, 09:12:57 AM
 #5214

today the question is, how long PBmining will be running before the system collapses ?

5 or 6 months maybe ?

A-B=C

E=mc2
RD965
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December 05, 2014, 10:44:52 AM
 #5215

today the question is, how long PBmining will be running before the system collapses ?

5 or 6 months maybe ?

A-B=C

E=mc2

Im pretty sure theyve already passed the most profitable moment to run away with the money, so who knows, maybe is legit  Grin
Rudler
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December 05, 2014, 11:08:00 AM
 #5216

+10   Grin
Puppet
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December 05, 2014, 11:12:45 AM
 #5217

Im pretty sure theyve already passed the most profitable moment to run away with the money, so who knows, maybe is legit  Grin

Im pretty sure you havent done the math, or you cant do math.
Any week they sell more than they pay out, they increase their profits. Its slower than in the past and its requiring a reduction in payouts. But he is still increasing his loot, which is the only reason he is still around. dont expect it to last very long though
Rudler
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December 05, 2014, 11:57:44 AM
 #5218

What is math?   Wink
Muhammed Zakir
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December 05, 2014, 12:23:16 PM
 #5219

who said pbmining had no electricity costs HuhHuh that explains the difference in payments, otherwise would exist SKIMMING PAYOUTS.

Can you find any mention of electricity costs?

I'm not sure why anyone in their right mind would buy a contract that allows the operator to pay out whatever he wants.

There is no mention about fees but PBmining is asking some BTC when Ghs are being bought. I can't say actual fee/Ghs as I haven't done any math.

What is math?   Wink

Your sig proves it... Wink

   ~~MZ~~

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December 05, 2014, 12:58:04 PM
 #5220


Quote

Your sig proves it... Wink

   ~~MZ~~


Yeah.....dont take me toooo serious, I dont do it too... Wink
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