PBMining has the best price per GHs. But it's not a trading site. You buy your GHs and hash for 5 years. 90% of your return on investment will probably be in the first 6 months. Do the math and it might actually be worthwhile. I made a sizable investment (for me) a couple of months ago and I've earned about 60% of my initial investment back so far.
lol, that's putting a lot of trust into a place to still be around in 5 years.
cryptsy's mn1 and mn2 can be traded, and right now 10ghash is priced at .073 , which is essentially the same price it is on cex. the difference is that cryptsy doesn't take away 35% in maintenance fees, like cex does.
Lol, this argument again? Most of your return will obviously be weighted at the beginning of the term. After a year, you will see very little return because of difficulty adjustments.
With PBMining, you are purchasing a 5 year contract. You don't get your original investment back at the end of the 5 years. So your point isn't really valid.
Really, PBMining could have made this a one year contract and it would return about the same. The last 4 years of term will see just a trickle of Satoshis per week. But that's the same result that you would get if you invested in mining gear.
What argument was I making, exactly? That it's a rather large leap to assume that some place will still be paying you five years from now?
What does PBMining and a 5 year contract have to do with the point I was making? My reply to the PBMining post was "lol, that's putting a lot of trust into a place to still be around in 5 years.", the next statement was in response to the topic, "Best Cloud Mining other Than cex.io".
Since we're living in Fantasy Land, I'll point out that Cryptsy's is a
lifetime contract, which, well, is longer than 5 years. Since PBMining will still be around in 5 years, I don't see any reason to think that Cryptsy won't also still be around in 5 years.
Again, Cryptsy's MN1 and MN2 are a better value than CEX because they contain no maintenance fee. That makes them ~30% more valuable, yet they both are trading at around .007BTC per GH. What's your argument about that statement?
(and I don't have interest in any 'cloud' mining shiat)
