Recovery program beginning in January for PB Mining customers.

[AFarpa]

So.. we all going to be reimbursed ?
And about the 5  years contracts?
Humm... so funny this stuffs..!
Better keep walking..
https://cloudminr.io/?r=YVkjMq

[1715383788]

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[1715383788]

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[1715383788]

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[1715383788]

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[investor respect]

I'm so rich!

?

[rooster2000bka]

According to you, PBmining may be have problem, but you can not just apologize for the member has lost investment, so unfair! Your money, money and effort of everyone's hard work! You pay so that only apologize as:

           pb mining is currently a failing business and a recovery is trying to be made. if you feel you have suffered a loss i am sincerely sorry, our losses are very large as well. there are thousands of customers affected by this.  other options are also being looked at for sources of recovery.

*This is an automated message.  *

I will never accept it! You have to think that money is invested sweat, effort, not leaf. So you must pay it back to us if you do not continue the contract.
My english is not good but understand?

[MichaelNZ]

Boyko has been checking us out ...

Name:   PBmining
Posts:   720
Activity:   364
Position:   Sr. Member
Date Registered:   December 19, 2013, 01:27:47 AM
Last Active:   December 21, 2014, 10:51:57 PM

[btcgnome]

According to you, PBmining may be have problem, but you can not just apologize for the member has lost investment, so unfair! Your money, money and effort of everyone's hard work! You pay so that only apologize as:

           pb mining is currently a failing business and a recovery is trying to be made. if you feel you have suffered a loss i am sincerely sorry, our losses are very large as well. there are thousands of customers affected by this.  other options are also being looked at for sources of recovery.

*This is an automated message.  *

I will never accept it! You have to think that money is invested sweat, effort, not leaf. So you must pay it back to us if you do not continue the contract.
My english is not good but understand?

They "suffered a loss" after Boyko got doxxd by MrTeal.

[hussar]

i think Boyko would have ran off eventually had he got doxxed or not. such is the nature of a ponzi, and if there was never any mining, just payouts from btc generated from new customers. than that is exactly what this is... or was, he will eventually run out of new customers.

[investor respect]

i think Boyko would have ran off eventually had he got doxxed or not. such is the nature of a ponzi, and if there was never any mining, just payouts from btc generated from new customers. than that is exactly what this is... or was, he will eventually run out of new customers.

OK GUYS LONG ENOUGH. wtf IS GOING ON

[SimplisticStu]

i think Boyko would have ran off eventually had he got doxxed or not. such is the nature of a ponzi, and if there was never any mining, just payouts from btc generated from new customers. than that is exactly what this is... or was, he will eventually run out of new customers.

OK GUYS LONG ENOUGH. wtf IS GOING ON

What is going on? Allow me to summarise..........

PBMining is still making "payments" to customers but the last 2 Sundays have seen the payments decrease to 10% of expected revenue on Sunday 14th December and to a dismal 1% on Sunday 21st December.

On the blockchain of the most recent reduced payouts you will see a payment half way down which is for £384.06 (1.8198228 BTC).
This payment is from 1PBMqRZMnx2xL7zoqh2kFuAqdr4L3W1tjr  ----to---- 1PBMqRZMnx2xL7zoqh2kFuAqdr4L3W1tjr (known PBMining address)

This is made even more frustrating by the fact that the whole chain is worth £979.13 (4.63945429 BTC)
https://blockchain.info/tx/bf55044a5fb8ddf8d2cf69dddc5ca4119692a989dc4bf77c142a0969f014092e
I use GBP as I'm from the UK and the payment is easier to spot as it stands out in GBP.

Many helpful (and not so helpful) people have weighed in over the last few weeks. The most beneficial posts have been from MrTeal who is compiling some form of loss database which is comprised of voluntary info from PB customers as to how much they have lost. Others include links to local police contacts and templates of letters to send to your local authorities and also showing progress emails from Canadian Police.

As far as I know it's now known to Boyko's local Police, payments are being made at 1% and many, many, many customers are still unhappy.

Hope this is an accurate summary of the situation as it stands at this time.

I'm sure others will weigh in with additional info if they have it (or weigh in complaining or giving their account number expecting a refund from this thread) 

[byteSized]

Wow, I got paid only on my second, very small account, my first account with nearly 1.5Ths gets nothing.

Hey Jason, you dont fullfilled the contract! Are there others, still waiting for 1% payout?

Something similar happened to me. 

Received a meager 0.00010325 BTC from my 103 GHS contract, but nothing from my smaller 42 GHS contract. The account balance isn't empty; it just never paid out.

[cypher21]

i think here is the whole money of us:


https://blockchain.info/de/address/1FsVcdeHbpvUVT3gjeuVR2ZSDnpcsJMsLL


from that adress the money comes for our weekly payment

[Puppet]

i think here is the whole money of us:


https://blockchain.info/de/address/1FsVcdeHbpvUVT3gjeuVR2ZSDnpcsJMsLL


from that adress the money comes for our weekly payment

123 BTC. For the ~5PH he sold = 0.0000246 per GH. Not exactly a "whole lot".
Im sure there is more elsewhere, but not nearly enough to pay back whats owned and Im equally sure you wont get to see it anyhow.

[odlal]

Fcuking ONE PERCENT ! What a fcuking P!sstake  

Dear Mr Scam-A-Lot,

In keeping with the Spirit of Christmas, and how I appreciate you must be feeling somewhat under Pressure just now, I have decided to GIVE YOU BACK my astronomically HUGE payout towards any Lawyer fees I presume you're going to have to Pay For in the near Future !!!

Merry Xmas and a Happy New Year,
Ha! I think NOT in your case !

Yours,
Odlal.

PS In future if you decide to carry on with these Paltry amounts of BTC then please kindly Donate mine towards a Homeless Shelter or some other needy cause instead ... OK ?

PPS You Sir are a TW@T !!!

PPPS I reserve the right to change my opinion of You if in fact you have the balls to come back here onto this thread and provide some insight into what you intend to do ...

 

[Puppet]

Ok, so this is another "I told you so" post, but allow me to bring this up, when I offered my bet that pbmining was a ponzi about to collapse, I didnt accept the betting terms about the website being online, and pb still paying out 'something' after x months. Instead I  insisted on this: " I also want to stipulate that I win the bet if payouts substantially diverge from theoretical mining yields. So for instance if pbmining comes up with some new fee or whatever, to reduce payouts to a few satoshi, or declares being hacked/fire/whatever and begins paying out just a fraction of what would be expected based on difficulty, I still win."
https://bitcointalk.org/index.php?topic=418183.msg9684757#msg9684757

The bet wasnt made, but now you understand why I insisted on this and why I am not in the least bit surprised.

[5ick3uffalo]

Where is the proof it is a Ponzi/Scam?

I don´t see any scam , PBMining always paid me. But those payouts are very low.

Low payouts are not nice but SCAM? Nope


I just can´t see myself going to the police because my sha-256 cloudmining service has low payouts.

They would laugh at me and say  

"boy go home sleep we have better things to do here. your own fault with your low payout virtual tokens. What was the name? bitcoin? ah anyway: bye"

[adib]

Where is the proof it is a Ponzi/Scam?

I don´t see any scam , PBMining always paid me. But those payouts are very low.

Low payouts are not nice but SCAM? Nope


I just can´t see myself going to the police because my sha-256 cloudmining service has low payouts.

They would laugh at me and say  

"boy go home sleep we have better things to do here. your own fault with your low payout virtual tokens. What was the name? bitcoin? ah anyway: bye"

Seriously dude... not a scam? serously? excuse my bluntness ... but are you high or something?

[supersajin]

Customer # 36    384.3    0.00007454     2.26797292

PB until recently has paid me consistently for 6-7 months!!  No SCAM here..

[Syke]

Where is the proof it is a Ponzi/Scam?

Payments to old customers were made from payments received from new customers. That's the pure definition of a ponzi.

[odlal]

Where is the proof it is a Ponzi/Scam?

Payments to old customers were made from payments received from new customers. That's the pure definition of a ponzi.

Don't let him/her [5ick3uffalo] Hook you so easily !

 

[odlal]

Where is the proof it is a Ponzi/Scam?

I don´t see any scam , PBMining always paid me. But those payouts are very low.

Low payouts are not nice but SCAM? Nope


I just can´t see myself going to the police because my sha-256 cloudmining service has low payouts.

They would laugh at me and say  

"boy go home sleep we have better things to do here. your own fault with your low payout virtual tokens. What was the name? bitcoin? ah anyway: bye"

Seriously dude... not a scam? serously? excuse my bluntness ... but are you high or something?

Nah he/she is just fishing to see who can be caught with such Mis-Information !

 

[MiningJoe]

I lost 3.8 Terahash (Plus 16 ghs from referrals) at PBMining - I was payed consistently every sunday.  Right when I got to 3 terahash I thought what if PBMining goes under, what can I do - so I opened another mining at ZenCloud - I bought up tons of ZenHash, and Multiminers, and Genesis hash - got approx 140 MH in zenhash, and over 500 ghs in Genesis by reinvesting!

Then ZenCloud changes everything and pulls their miners for the HasHpoint crap. I cashed all my miners out, bought more power at PBMining, and started looking for other cloud miners -  Genesis Mining, MinerKing - and now that PBMining has gone under I lost my entire investment. That was almost 6 months of home mining, reinvesting every single btc bit I had back into the system.  I'm extremely ticked. I lost everything. I have .23 USD left .

My last payout was less than the base amount of hash that can be bought at other cloud providers.
I'm already moving all my mining to other cloud providers.  With ZenCloud being considered a ponzi,
I'm trying to find alternatives.

So far, I've only been able to find one -  I added my ref link if you want to bonus me for my referral. Remove it if you dont.
https://www.bitcoincloudservices.com/?ref=3686

They have been stable, and I receive a payout daily.  My Current Payout for 190 GH/sec is: 0.00242168 daily.
The Cost of 190 GH/Sec for a 1 year contract was: 0.3230
Cost is currently 0.0017 BTC per GH/SEC with a minimum order of 50.
They did have 5 year contracts - they reduced them to 1 year Dec 22.  

I dont want to keep my eggs in one basket though - if you know of alternatives with long 5 year contracts and verifiable NONPONZI Cloud stuff, please let me know.
I got shafted.  am so sad. =(


Updated: sorry my math was off when I updated this.
Didn't know it was a ponzi too - nevermind then.