Recovery program beginning in January for PB Mining customers.

[david123]

Customer #: 37876
Join Date: 18-11-2014

Please Refund Full amount. I know this is a long shot but would like to get it in here.

Thanks

Pleeeeease stop these useless, nonesense posts. Do you think you can simply state your customer # here, choose some
amount at your discretion (like "refund full amount", why not, yeah..) and Jason will send it to you? The only effect
your post has is that it will annoy all of us who monitor this thread for news, non-trivial opinions etc.

[hexafraction]

I personally believe (though I might disagree with many) in that refunds should also compensate for a change in BTC/USD value (which has caused a loss, among many that PBMining "pledges" to fix).

[cypher21]

Customer #: 37876
Join Date: 18-11-2014

Please Refund Full amount. I know this is a long shot but would like to get it in here.

Thanks

Pleeeeease stop these useless, nonesense posts. Do you think you can simply state your customer # here, choose some
amount at your discretion (like "refund full amount", why not, yeah..) and Jason will send it to you? The only effect
your post has is that it will annoy all of us who monitor this thread for news, non-trivial opinions etc.

thank you...if everybody start posting that nonsense, the thread gonna blow up..

[alani123]

Way to make an exit. Please tell me more about how personal threats reduced payouts of a mining farm  , because that totally makes sense. This makes me feel extremely sorry for people that put money in this scheme.

[bennynjetz]

Well, if anyone at PB is listening, I would like to say this about my current situation:

We took money out of our savings to buy GH/s with PB. With that being said, the weekly payouts have become part of our overall income. Now that we have been stripped of that it hurts a lot. We have a LOT of money tied up here. Yes, there are a lot of angry people out there but we sincerely hope that we ALL are refunded our money. Too bad too - I have been a huge supporter of PB for a long time, I have referred people to PB and they have invested a lot of money as well - and this of course makes me and the rest of the referral "partners" look pretty bad to our friends who have peeled off a lot of money to sign up. This really sucks bad.

[majorhydra]

Customer #: 37876
Join Date: 18-11-2014
Total Invested: 14 BTC

Please Refund Full amount. I know this is a long shot but would like to get it in here- 14BTC is basically everything I had saved.

Thanks

Hashes Below:

https://blockchain.info/tx/15c1419c43681b8a5f13d251447618d1059a90139ba7e301fb35db3e738e354b
https://blockchain.info/tx/60ed5cef6abd1ea8807411ec261ac2fb60f51336fa1b9b5f3aefb1665485caac
https://blockchain.info/tx/090f7ba14207c07434f2ae33dd244b2739f2806367e9a2d2246ba78c438ab56e

holy fuk man, 14 btc...im lost for words..

shit hit the fan, and you have to prepare for the worse case scenario. Not seeing the hard earned blood and sweat for the 14 btc.

[coinmaster222]

For over a month on the site you were told not just by me but by a lot of people this was a ponzi,but would you believe it ...NO, the golden goose was still laying eggs so you turned a deaf ear.I have been on this site since last spring and so many people just send guys money without doing any due dilligence.One man got three debit cards from a rogue on here with a bounty on his head and loaded them with 2500 usd each 5 days later they were blocked and he lost everything.I now am convinced its not the rich in the US that have money but the loonies.

[anirgu]

For over a month on the site you were told not just by me but by a lot of people this was a ponzi,but would you believe it ...NO, the golden goose was still laying eggs so you turned a deaf ear.I have been on this site since last spring and so many people just send guys money without doing any due dilligence.One man got three debit cards from a rogue on here with a bounty on his head and loaded them with 2500 usd each 5 days later they were blocked and he lost everything.I now am convinced its not the rich in the US that have money but the loonies.

Amen. Not, only here but reddit as well. I have no sympathy for these guys. I will have no sympathy when GAW blows up just like this.

[tmfp]

I now am convinced its not the rich in the US that have money but the loonies.

No it's not a nationality thing mate, look at the number of new posters with not first language English.
It's a Bitcoinland thing.

[coinmaster222]

I have a prime hashlet and on friday a coin total 60usd it better not blow up before I get a serious laugh out of it lol.

[coinmaster222]

Sorry should have said  not the rich but the idiots

[P4man]

This makes me feel extremely sorry for people that put money in this scheme.

Are you going to feel sorry for the people that click the link in your signature and end up getting scammed there too?

[SimplisticStu]

Unfortunately the extreme harassment and threats since the posting of a Facebook profile with friends/family information has lead to some horrible losses thanks to some very shady people with unreasonable demands.  This is an attempt to reach out and give customers what is left, even if it means liquidating personal assets to help.  I will start the process now of looking at customers on a case-by-case basis and doing what I can to help.  Any refunds in December will be aimed at those who have suffered "extreme" losses due to reduced payout.  I will begin to look at the remaining majority of accounts in January.

Questions may go unanswered for awhile, but that is because there is a lot of work to do.  Please be patient.  Unfortunately it will be impossible to make everyone happy but a very honest attempt will be made.

For those who are wondering, the owner is not laughing all the way to Mexico.  Losses have been substantial due to complete invasion of privacy and some very harsh blackmail that followed thereafter, involving thoughts of suicide over some matters, but there will be a strong attempt to make things right even if it is unsuccessful. 

Username              Hash Rate (GH/s)     Account Balance      Total Paid Out 

Customer # 22537   112856                   0.34570144            158.85065446
DE001                   84621                   0.25921175            164.41390964

These are the two highest profiles on PBMining, Customer # 22537 has been known as Pluto10 but recently changed settings to hide username and DE001 had a previous name which escapes me, Could they be owned by the owners of PB? Food for thought as I'm watching my lack of BTC income.

I do not understand why they have had to skim down to 10%?? Are they paying off the bribe weekly by skimming? If so, could we see rewards go back to 100% and how long would this last, I would rather one or two skimmed payments over absolutely nothing but this does not mean for one second that I am ok with this. I have money invested in PB too just like many do and I would hate to see it go *poof*

[anbu69]

i see so this is the reason why i haven't receive the correct total amount in my account in pbmining..... d fuckkkkkk....  ive been sending messages to the admin however nobody bothers to reply on all of my messages....now i know.....shitttt.......................

[coinmaster222]

Jeezus hate to see it go poof,its went poof he told people he gave all the money to blackmailers or fairies or something.When will you  get it in your heads he stole your money full stop!!! wise up for god sakes and move on

[MichaelNZ]

I'm down the hole for 9.25BTC which is seriously annoying as I've been pouring the payouts from my other contracts into PB.

As we now know, there is either no mining hardware or very little of it ... I suspect the later. I suggest the 10% of expected returns relates directly to the actual amount of physical hardware owned or leased or rented or borrowed by PB. The other 90% is fictitious and relies on a continual inflow of BTC to fund the weekly payouts ... Hence it is a pyramid scheme, a ponzi.

We may see some return on funds invested but, I suspect it will be inline with the current mining yield ... expect 10% or less of initial investment to be refunded. And that will only happen if the federal or whatever authorities don't swoop in and freeze all the accounts and funds pending inquiries, investigations etc.

It sucks doesn't it ... ho ho ho ... yeah right !

[coinmaster222]

The company is registered in Canada and he is in Europe,the CIA could not get him so dont blow money on lawyers.For those living in the US the IRS treat it as property so you claim a loss on your taxes.

[Faceboss]

He is on his way to Mexico,did anybody notify the mounties?

[SimplisticStu]

According to pbmining their current hash rate is 4284 TH/s which at the current difficulty of 40007470271 works out around 53.85BTC p.day.
If they are skimming and holding 90% this works out at 48.46BTC p.day they are gaining from skimming, it needs stopping, but how?

[SimplisticStu]

According to pbmining their current hash rate is 4284 TH/s which at the current difficulty of 40007470271 works out around 53.85BTC p.day.
If they are skimming and holding 90% this works out at 48.46BTC p.day they are gaining from skimming, it needs stopping, but how?

This equates to approx $16,500 to put it into fiat currency.......PER DAY!!