Konstigt (OP)
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November 02, 2014, 01:16:13 AM |
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Hiya,
So I am looking to invest for the first time in bitcoin, in PBMining. I was considering buying a bitcoin miner, but I saw that with this there are no power costs and it is pretty much the same price as buying a physical miner. Any thoughts?
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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petersiddle98
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November 02, 2014, 01:49:56 AM |
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Hiya,
So I am looking to invest for the first time in bitcoin, in PBMining. I was considering buying a bitcoin miner, but I saw that with this there are no power costs and it is pretty much the same price as buying a physical miner. Any thoughts?
Actually, price from pbmining is more expensive then if you buy hardware. But yeah its power cost free so you might ROI better from PBmining then buying hardware... |
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HobbzHobbleton
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November 02, 2014, 02:09:53 AM |
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Wait, what is PBMining? I was under the understanding that mining BTC was using w/e GPU you have to solve complex algorithms. So how can someone mine with zero power costs? GPU usage = power consumption. What am I missing here?
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Icardi09
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November 02, 2014, 02:32:25 AM |
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Wait, what is PBMining? I was under the understanding that mining BTC was using w/e GPU you have to solve complex algorithms. So how can someone mine with zero power costs? GPU usage = power consumption. What am I missing here?
pbmining is cloud mining service so you only need to buy hashrate (GHS) from them and they mine bitcoin for you for period of time you didn't need mining hardware and cost (electricity and hosting) anymore but some people think pbmining don't actually mining you can see the discussion here -> https://bitcointalk.org/index.php?topic=484355.0 |
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Konstigt (OP)
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November 02, 2014, 02:41:39 AM |
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Hiya,
So I am looking to invest for the first time in bitcoin, in PBMining. I was considering buying a bitcoin miner, but I saw that with this there are no power costs and it is pretty much the same price as buying a physical miner. Any thoughts?
Actually, price from pbmining is more expensive then if you buy hardware. But yeah its power cost free so you might ROI better from PBmining then buying hardware... For me, an Antminer S3+ 400+gh/s costs £210 with shipping (power costs too) PBMining 450 gh/s = £195~ with no power costs Is there better hardware, that is cheaper than PBMining? |
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HobbzHobbleton
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November 02, 2014, 03:13:44 AM |
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AHHH I get it now! lol so you pay someone else to use their hardware to mine for you. That sounds like a huge scam. They could easilly mine and just keep everything and say they got nothing. OR like you said, not mine at all.
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CoinBreader
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November 02, 2014, 10:45:10 AM |
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now days if you dont have super cheap power cost or for free, its better to go with a cloudmining service, PBmining is working fine for me, since last may is you wanna go with pbmining pm me to send you my ref link and share with you the 50% from your referal  |
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mezmerizer9
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November 02, 2014, 11:25:35 AM |
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Does pbmining still ask for a 5 year contract? I remember that when I was looking for a cloud mining services. That's why I've chosen CEX.IO.
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nor9865
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November 02, 2014, 11:29:34 AM |
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Does pbmining still ask for a 5 year contract? I remember that when I was looking for a cloud mining services. That's why I've chosen CEX.IO.
I think you can choose that or a 1 year contract. Some people buy GHs, mine for a month then sell the GHs at the current rate, making back their investment possible + the mining revenue. |
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HWoodrow
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November 02, 2014, 11:50:21 AM |
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I can advice you pbmining, it is a good cloud mining website. If you want to try it, invest a little part of your bitcoin and you decide if pbmining is a good way for you or not. Anyway, remember: Don't invest what you can afford to lose.
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kotwica666
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November 02, 2014, 12:09:55 PM |
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I can advice you pbmining, it is a good cloud mining website. If you want to try it, invest a little part of your bitcoin and you decide if pbmining is a good way for you or not. Anyway, remember: Don't invest what you can afford to lose.
well said! ..and check price - sometimes on front page you can see 0.0021 / GHS, but now price is 0.0015 / GHS (If you see 0.0021 - you have to refresh - sometimes few times site) it looks like is cheapest offer on market atm. ..and if you decide to invest in PBmining - PM me before - i will tell you how to get 5% more power for free  |
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Konstigt (OP)
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November 02, 2014, 12:52:15 PM |
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Does pbmining still ask for a 5 year contract? I remember that when I was looking for a cloud mining services. That's why I've chosen CEX.IO.
I think you can choose that or a 1 year contract. Some people buy GHs, mine for a month then sell the GHs at the current rate, making back their investment possible + the mining revenue. I see you have gawminers in your sig. Have you got a miner with them? I am trying to decide between gawminers and pbmining. |
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niaz
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November 02, 2014, 01:09:48 PM |
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hey
don't invest what you can't afford to lose before investing look around more about it here i heard so many people make profit from pbmining ...
so look around here more....
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newIndia
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November 02, 2014, 01:14:16 PM |
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Hiya,
So I am looking to invest for the first time in bitcoin, in PBMining. I was considering buying a bitcoin miner, but I saw that with this there are no power costs and it is pretty much the same price as buying a physical miner. Any thoughts?
Compare rates before u purchase... 1. https://cex.io/ => 0.00268387 BTC/GHS 2. http://pbmining.com/ => 0.0021 BTC/GHS 3. http://www.cloudmining.website/ => 0.001 BTC/GHS |
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letyouearn
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November 02, 2014, 01:17:19 PM |
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Guys, Give a try on hashprofit. Purchase some 5000 Kh/s and earn 0.03543 BTC / day. Purchasing 5000Kh/s will cost you around 6.53363 BTC. Your Initial Deposit will be recovered within exact 185 days only. And this 6 months period , all profit will be only yours till 2 years. In 2 years time period, it will be 8969.95USD Profit by purchasing just 5000khs for 6.53 bitcoins only. If you think you are not satisfied with ur cloud mining site, then you can move to hashprofit anytime.  |
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bitllionaire
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November 02, 2014, 01:33:20 PM |
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PBMining is one of the cheapest,try it man
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kotwica666
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November 02, 2014, 01:39:09 PM |
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Hiya,
So I am looking to invest for the first time in bitcoin, in PBMining. I was considering buying a bitcoin miner, but I saw that with this there are no power costs and it is pretty much the same price as buying a physical miner. Any thoughts?
Compare rates before u purchase... 1. https://cex.io/ => 0.00268387 BTC/GHS 2. http://pbmining.com/ => 0.0021 BTC/GHS 3. http://www.cloudmining.website/ => 0.001 BTC/GHS One more time: PBmining price is 0.0015/GHSSomething more about PBmining - check post of SlientBit from 01:31:39 PM - will tell you a lot! |
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newIndia
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November 02, 2014, 02:03:40 PM |
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Hiya,
So I am looking to invest for the first time in bitcoin, in PBMining. I was considering buying a bitcoin miner, but I saw that with this there are no power costs and it is pretty much the same price as buying a physical miner. Any thoughts?
Compare rates before u purchase... 1. https://cex.io/ => 0.00268387 BTC/GHS 2. http://pbmining.com/ => 0.0021 BTC/GHS 3. http://www.cloudmining.website/ => 0.001 BTC/GHS One more time: PBmining price is 0.0015/GHSSomething more about PBmining - check post of SlientBit from 01:31:39 PM - will tell you a lot! It was 0.0021 BTC/GHS even a few hours ago. Apart from me, others also got the same... what the sh i t going on front page, it says 0.0021 btc/ ghs
but you can buy 0.0015 btc / ghs in order page...
hey houston you have a web problem..
What does it mean by check post of SlientBit from 01:31:39 PM ? It does not mean anything. No mention of thread, no quotation !!! Moreover, I never said PB Mining is bad. I just wanted to point out that they are not the cheapest at the moment. It does not mean that they wont be the cheapest again. |
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Konstigt (OP)
Newbie
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Activity: 8
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November 02, 2014, 02:05:45 PM |
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Hiya,
So I am looking to invest for the first time in bitcoin, in PBMining. I was considering buying a bitcoin miner, but I saw that with this there are no power costs and it is pretty much the same price as buying a physical miner. Any thoughts?
Compare rates before u purchase... 1. https://cex.io/ => 0.00268387 BTC/GHS 2. http://pbmining.com/ => 0.0021 BTC/GHS 3. http://www.cloudmining.website/ => 0.001 BTC/GHS One more time: PBmining price is 0.0015/GHSSomething more about PBmining - check post of SlientBit from 01:31:39 PM - will tell you a lot! It was 0.0021 BTC/GHS even a few hours ago. Apart from me, others also got the same... what the sh i t going on front page, it says 0.0021 btc/ ghs
but you can buy 0.0015 btc / ghs in order page...
hey houston you have a web problem..
What does it mean by check post of SlientBit from 01:31:39 PM ? It does not mean anything. No mention of thread, no quotation !!! Moreover, I never said PB Mining is bad. I just wanted to point out that they are not the cheapest at the moment. It does not mean that they wont be the cheapest again. I will probably not go with PBMining because I am afraid they will run with the money. They have little to no information about their company on their website compared to cex.io or GAW. Still trying to decide between 50mh/s scrypt or 500gh/s sha |
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kotwica666
Legendary
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Merit: 1035
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November 02, 2014, 02:12:33 PM |
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Hiya,
So I am looking to invest for the first time in bitcoin, in PBMining. I was considering buying a bitcoin miner, but I saw that with this there are no power costs and it is pretty much the same price as buying a physical miner. Any thoughts?
Compare rates before u purchase... 1. https://cex.io/ => 0.00268387 BTC/GHS 2. http://pbmining.com/ => 0.0021 BTC/GHS 3. http://www.cloudmining.website/ => 0.001 BTC/GHS One more time: PBmining price is 0.0015/GHSSomething more about PBmining - check post of SlientBit from 01:31:39 PM - will tell you a lot! It was 0.0021 BTC/GHS even a few hours ago. Apart from me, others also got the same... what the sh i t going on front page, it says 0.0021 btc/ ghs
but you can buy 0.0015 btc / ghs in order page...
hey houston you have a web problem..
What does it mean by check post of SlientBit from 01:31:39 PM ? It does not mean anything. No mention of thread, no quotation !!! Moreover, I never said PB Mining is bad. I just wanted to point out that they are not the cheapest at the moment. It does not mean that they wont be the cheapest again. and for you probably still will be 0.0021/GHS - that's browser issue - you have to refresh site and you will have 0.0015/GHS maybe are some cheapest.. but this what you can see under is giving me many informations. If you have something like that from others please tell us more..  |
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