can you guys tell me the litecoin cloud mining contracts websites ?
maybe you can try this websitehttps://scrypt.cc
learn about it before you buy contract
Topic: Is cloud mining with PBmining.com profitable ??? - page 2. (Read 3368 times)
https://scrypt.cc
learn about it before you buy contract
can you guys tell me the litecoin cloud mining contracts websites ?
Well, it's a contract for five years, so you will definitely break even.
If you are going to buy, please buy through my ref link
This is not true. The difficulty for bitcoin is rising so fast that at one point you will not even make 1% of your first payment. If you are going to buy, please buy through my ref link
However I've been looking at PBmining and it might actually go break even.
I bought mining contracts from e-pickaxe in November and they gave me ROI +10-20%. That's ROI in BTC. If I were to buy the contracts in dollars and straight away sell whatever was payed out for me I would probably not get ROI.
Use a calculator. You will most likely find that it will take a LOT of time to break even not to mention making a profit worthwhile. Cloud mining is definitely not recommended at the prices today. I think PB mining has proven to be legitimate enough, and while I don't doubt their service, I do doubt the concept.
Is it because they are still paying weekly as promised?
To be honest, all ponzi/hyip make payments to their "investors" as promised, until the owners run away with your money...
I found one thread on other forum where OP caims "pure profit" but he started in January so it took him 5 months (still good for 5y contract)
but who know, maybe he profits from his referals
check
http://www.moneymakergroup.com/Pbmining-Bitcoin-Mining-t465153.html&pid=1108834170&mode=threaded#entry1108834170
but who know, maybe he profits from his referals
check
http://www.moneymakergroup.com/Pbmining-Bitcoin-Mining-t465153.html&pid=1108834170&mode=threaded#entry1108834170
Use a calculator. You will most likely find that it will take a LOT of time to break even not to mention making a profit worthwhile. Cloud mining is definitely not recommended at the prices today. I think PB mining has proven to be legitimate enough, and while I don't doubt their service, I do doubt the concept.
Is it because they are still paying weekly as promised?
To be honest, all ponzi/hyip make payments to their "investors" as promised, until the owners run away with your money...
Hey Guys !
I am a newbie in mining first I was planning to purchase mining equipment but when I saw this website PBmining.com
They sell 0.0044/BTC per GH. So, if I purchase direct GH from that website site will it make me profit?
I am planning to purchase 200GH/s.
Please share your views!
Thanks
Danny 
I am a newbie in mining first I was planning to purchase mining equipment but when I saw this website PBmining.com
They sell 0.0044/BTC per GH. So, if I purchase direct GH from that website site will it make me profit?
I am planning to purchase 200GH/s.
Please share your views!
Thanks
Danny
To me, the site is very likely a ponzi because of 2 reasons.
1. It has no indication of any hardware, even if they claim to have sold about 600TH/s.
2. The weekly payments aren't sent from block rewards.
Use a calculator. You will most likely find that it will take a LOT of time to break even not to mention making a profit worthwhile. Cloud mining is definitely not recommended at the prices today. I think PB mining has proven to be legitimate enough, and while I don't doubt their service, I do doubt the concept.
I got paid today too. Look, it might be a ponzi, but the whole point is that it's a sustainable and paying ponzi.
These insignificant payments you are receiving don't prove anything. You will find out that it is a ponzi scheme when they stop paying. They can stop paying at any time and you will lose all of your money.
And even if they don't have that many TH/s, they should at least have some.
They don't have to have any mining equipment if they don't intend to pay the full amount.
I'm like 2 weeks to break even
And yes, they might not have any mining equipment at all, but I think they do. However, that's just my opinion.
I got paid today too. Look, it might be a ponzi, but the whole point is that it's a sustainable and paying ponzi.
These insignificant payments you are receiving don't prove anything. You will find out that it is a ponzi scheme when they stop paying. They can stop paying at any time and you will lose all of your money.
And even if they don't have that many TH/s, they should at least have some.
They don't have to have any mining equipment if they don't intend to pay the full amount.
I got paid today too. Look, it might be a ponzi, but the whole point is that it's a sustainable and paying ponzi.
A ponzi, by definition, is unsustainable. It only lasts as long as new investments come in.https://en.wikipedia.org/wiki/Ponzi_scheme
Hey, you know, as bitcoin difficulty rises, payouts will go down. The funds from the bought contracts can be then paid out. So it will last more and more.
If the expected payout is reduced, so then will be the money coming in from new investors, so it makes no difference.
And even if they don't have that many TH/s, they should at least have some.
I have no idea
No, because there will always be newbies trying out cloud mining.
In which case, you have to pay more and more people using the money from each set of new investors. This is why ponzi schemes can never be sustainable as you claimed.
You will most likely NEVER get ROI unless you can sell back your GHS like on cex.io
I got paid today too. Look, it might be a ponzi, but the whole point is that it's a sustainable and paying ponzi.
A ponzi, by definition, is unsustainable. It only lasts as long as new investments come in.https://en.wikipedia.org/wiki/Ponzi_scheme
Hey, you know, as bitcoin difficulty rises, payouts will go down. The funds from the bought contracts can be then paid out. So it will last more and more.
If the expected payout is reduced, so then will be the money coming in from new investors, so it makes no difference.
And even if they don't have that many TH/s, they should at least have some.
I have no idea
No, because there will always be newbies trying out cloud mining.
I got paid today too. Look, it might be a ponzi, but the whole point is that it's a sustainable and paying ponzi.
A ponzi, by definition, is unsustainable. It only lasts as long as new investments come in.https://en.wikipedia.org/wiki/Ponzi_scheme
Hey, you know, as bitcoin difficulty rises, payouts will go down. The funds from the bought contracts can be then paid out. So it will last more and more.
If the expected payout is reduced, so then will be the money coming in from new investors, so it makes no difference.
And even if they don't have that many TH/s, they should at least have some.
I have no idea
I got paid today too. Look, it might be a ponzi, but the whole point is that it's a sustainable and paying ponzi.
A ponzi, by definition, is unsustainable. It only lasts as long as new investments come in.https://en.wikipedia.org/wiki/Ponzi_scheme
Hey, you know, as bitcoin difficulty rises, payouts will go down. The funds from the bought contracts can be then paid out. So it will last more and more.
And even if they don't have that many TH/s, they should at least have some.
I got paid today too. Look, it might be a ponzi, but the whole point is that it's a sustainable and paying ponzi.
A ponzi, by definition, is unsustainable. It can only continue as long as new investors come in.https://en.wikipedia.org/wiki/Ponzi_scheme
I got paid today too. Look, it might be a ponzi, but the whole point is that it's a sustainable and paying ponzi.
hey guys
today I received payment from PBmining.com.
The address from where i got coins - 1Payday1sm5wGqtatKscfXnxARZ2B2MF3z
http://i61.tinypic.com/mc88k3.jpg
today I received payment from PBmining.com.
The address from where i got coins - 1Payday1sm5wGqtatKscfXnxARZ2B2MF3z
http://i61.tinypic.com/mc88k3.jpg
they neither show us proof that they have mining rig and BTC that mined from pools
they only give you fix rate BTC from GHS you purchased before
and they paid weekly using mixing/shared coin to us all
why they use mixing/shared coin? because they don't want us know from where the coins originated
it makes sense? sorry, no for me
it's like they laundering coins.
they only give you fix rate BTC from GHS you purchased before
and they paid weekly using mixing/shared coin to us all
why they use mixing/shared coin? because they don't want us know from where the coins originated
it makes sense? sorry, no for me
it's like they laundering coins.
They didn't prove that they physically own the hardware, possible ponzi scam.
I found this on a review, seems to be a bit risky but profitable:
Company Background: Bitcoin Mining company PB Mining is based in SK, Canada, and has successfully sold Bitcoin mining hardware on eBay for two years.
Further information about the company for a thorough Bitcoin mining comparison is more difficult to find.
Customers are advised to exercise caution on this point.
However, Bitcoin mining rates are quite inexpensive, customer support has been excellent, and Bitcoin mining clients have been paid promptly based on their Bitcoin mining investment in the company.
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