PBmining - legit?

[RD965]

The price they charge may change and it may have been more appealing in the past, but the price of bitcoin is irrelevant since you are paying and being paid in bitcoins.  All you need to know is how much it's costing you in BTC and how long it will take to get those BTCs back. 

 .

Well mate for now you still have to consider de FIAT part on it, wish it could be like that

[EvilPanda]

Don't forget the 20+ bitcoins a month they spend advertising their ponzi here in your calculations of costs.

They also advertise on google, if they spend $6000 a month here no reason to believe their google advertising budget isn't larger. Google charges $2.30 per ad on page 1 for "bitcoin mining" and there are 200,000 searches for that keyword every month.

Even if they only target 5% of that that's another $23,000 in advertising costs.

This is purely speculation of course, but considering the amount of google searches it would make sense for them to spend more money there than here

20 BTC is an exaggeration. They have ~40 people in the campaign with a rate of 0.1BTC, that makes it 4 BTC a month, if all of them get paid.
If you consider the money that are in the crypto mining business these days 20 BTC start to look like spare change.

[HWoodrow]

PBMining is almost open from 1 year and it doesn't scam any people. So, why do you make this question? History of this website talks and can say you many thing. PBMining is the best cloudmining platform !

[RD965]

PBMining is almost open from 1 year and it doesn't scam any people. So, why do you make this question? History of this website talks and can say you many thing. PBMining is the best cloudmining platform !

We are just curious about what are they doing with the money they get

[MrPiggles]

Don't forget the 20+ bitcoins a month they spend advertising their ponzi here in your calculations of costs.

They also advertise on google, if they spend $6000 a month here no reason to believe their google advertising budget isn't larger. Google charges $2.30 per ad on page 1 for "bitcoin mining" and there are 200,000 searches for that keyword every month.

Even if they only target 5% of that that's another $23,000 in advertising costs.

This is purely speculation of course, but considering the amount of google searches it would make sense for them to spend more money there than here

20 BTC is an exaggeration. They have ~40 people in the campaign with a rate of 0.1BTC, that makes it 4 BTC a month, if all of them get paid.
If you consider the money that are in the crypto mining business these days 20 BTC start to look like spare change.

look at their bids on the advertising threads here, i never mentioned signatures

[xilatleo]

If you want to know they are ponzi or not, just don't reinvesting anymore. I means all of you! Lets see if they still payout or vanish. The fact is NO. No one will sit there and watch their btc payout reduce overtime. 

[xhomerx10]

If you want to know they are ponzi or not, just don't reinvesting anymore. I means all of you! Lets see if they still payout or vanish. The fact is NO. No one will sit there and watch their btc payout reduce overtime. 

 What are you trying to say here? 
 "Let's see if they still payout of vanish.  The fact is NO"
This either or type of statement can't be factually NO.  Please elaborate.

[xilatleo]

If you want to know they are ponzi or not, just don't reinvesting anymore. I means all of you! Lets see if they still payout or vanish. The fact is NO. No one will sit there and watch their btc payout reduce overtime. 

 What are you trying to say here? 
 "Let's see if they still payout of vanish.  The fact is NO"
This either or type of statement can't be factually NO.  Please elaborate.

I said that no one want to see their btc payout from pb reduce overtime so they will keep reinvesting and that keep the ponzi continue. They are so smart to open this kind of "business". Although Im one of their first customer and have already Roi and profit but i still think they are operating a ponzi service

[neo_blaster]

I think pb mining is legit.............

[xhomerx10]

I think pb mining is legit.............

 Then clearly you are not really thinking.

[miner454]

Still getting btc weekly.  Is this like playing musical chairs?  You better hope you have your ROI back before the music stops.

[Grinder]

I think pb mining is legit.............

Then clearly you are not really thinking.

Don't be so harsh. I'm sure he's thinking, he's just not very good at it.

[MrPiggles]

i have find a forum that is ok: http://www.cloudminingreviews.com/pb-mining/

God it's so predictable.

Pretty much everyone in this thread with less than 5 activity is 100% positive about PonziBasedMining

[Puppet]

Did a little overview of current cloud mining services:
https://bitcointalk.org/index.php?topic=860400.0

[MrPiggles]

Did a little overview of current cloud mining services:
https://bitcointalk.org/index.php?topic=860400.0

haha nice work

unfortunately some of the dumbfucks here still think 1+2+3+4+5+6+7 = riches

[Puppet]

unfortunately some of the dumbfucks here still think 1+2+3+4+5+6+7 = riches

Nah, its more a matter of  "5 = I get some peanuts by promoting this scam"

[thirdprize]

Did a little overview of current cloud mining services:
https://bitcointalk.org/index.php?topic=860400.0

haha nice work

unfortunately some of the dumbfucks here still think 1+2+3+4+5+6+7 = riches

That should be 5+4+3+2+1+0.5+0.25+0.125 = riches

[revilo]

You say Cex.io is not traceable, but it has a UK registered company. And this guy is a Director of the company.

https://www.linkedin.com/pub/oleksandr-ushchapovskyi/22/a39/69b

[tempestb]

You say Cex.io is not traceable, but it has a UK registered company. And this guy is a Director of the company.

https://www.linkedin.com/pub/oleksandr-ushchapovskyi/22/a39/69b

CEX is owned by Bitfury.  We're talking about PBMining...

[Puppet]

You say Cex.io is not traceable, but it has a UK registered company. And this guy is a Director of the company.

https://www.linkedin.com/pub/oleksandr-ushchapovskyi/22/a39/69b

Your link doesnt say cex.io anywhere, if he is the director, he isnt exactly bragging about it.

Then again, they do seem to have added a lot of contact info, and Im going to assume its legitimate. Ill update their rating.