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Topic: My cloud mining experiment - page 5. (Read 10728 times)

hero member
Activity: 784
Merit: 1004
Glow Stick Dance!
March 30, 2014, 03:18:03 AM
#36
any option for other cloud mining?
pbmining in max 5 month will ROI..

Every other cloudmining option is much more expensive at the moment.  Last I looked, CEX.io was ~$7.00/GHs.  Cloudhashing best deal is $9.00 and Nimbus (BFL) $25.00!  PBMining is ~$3.75 or less.
newbie
Activity: 42
Merit: 0
March 30, 2014, 03:13:47 AM
#35
any option for other cloud mining?
pbmining in max 5 month will ROI..
hero member
Activity: 784
Merit: 1004
Glow Stick Dance!
March 30, 2014, 03:04:34 AM
#34
PB Mining appears to be the best value in terms of purchase price of cloud mining hash. However, the 5yr commitment  and current inability to trade the capacity is quite a limitation. if only PB  Mining could enable transfer of mining hash among customers, then using an escrow service, customers of PB Mining could trade hashing capacity among themselves. That would be great.

But the 5 year commitment is a plus.  You only pay them once and the hash is yours for 5 years... or however long they stay in business.  It's not a trading platform.  It's really just an alternative to buying hardware when you really think about it.


edit... ah yes, I see your point now.  With hardware, you could possibly sell it for a profit.  The upside with PBMining is you don't have to deal with the headache of hosting the miners yourself.  And for me that is a HUGE deal.  I've simply reached capacity and don't have the room for another miner in my house.
member
Activity: 88
Merit: 10
March 30, 2014, 02:01:18 AM
#33
PB Mining appears to be the best value in terms of purchase price of cloud mining hash. However, the 5yr commitment  and current inability to trade the capacity is quite a limitation. if only PB  Mining could enable transfer of mining hash among customers, then using an escrow service, customers of PB Mining could trade hashing capacity among themselves. That would be great.
hero member
Activity: 784
Merit: 1004
Glow Stick Dance!
March 29, 2014, 10:59:49 PM
#32
Good thing with cex.io is that you can trade ghashes and coins without provision

But you have to play the game right since the GH are so overpriced on CEX.  I lost my ass when there was a series of waterfall drops a couple of weeks ago.  Once the price drops on CEX, don't hope for a real rebound because it never happens.  Just check the chart on the site.  It goes only one way... down.
hero member
Activity: 616
Merit: 500
1BkEzspSxp2zzHiZTtUZJ6TjEb1hERFdRr
March 29, 2014, 09:02:59 PM
#31
Good thing with cex.io is that you can trade ghashes and coins without provision
hero member
Activity: 784
Merit: 1004
Glow Stick Dance!
March 29, 2014, 08:49:15 PM
#30
Any opinions about scrypt.cc nobody tried this service?


I did. People seem satisfied in general. I own few Kh/s and everything seems fine. I get paid for shares many times a day. I haven't tried to withdraw though. The developers are still working on the site though and the price had droped since I bought.

I own 214.2 GHS at PB and get about 0.12 - 0.13 BTC weekly

More than Happy  Grin

Was so close to make mistake and invest in CEX lol Ghs was 0.019 there

Care to share with us what price did you buy them?

PBMining is 0.0075 / GH

PBmining is going to kill hardware sales if this trend continues.

I pointed this out in another thread but may bear repeating here.  The current price on PBMining is like buying a 5GHs Jalapeno for ~$25.00 and owning for 5 years and never having to pay for electricity.

Extending that out to the high-end,  1THs miners, it's liking ordering a BitMain S2 and having it delivered today, owning it for 5 years and not paying for electricity. 
sr. member
Activity: 434
Merit: 250
March 29, 2014, 05:40:55 PM
#29
Any opinions about scrypt.cc nobody tried this service?


I did. People seem satisfied in general. I own few Kh/s and everything seems fine. I get paid for shares many times a day. I haven't tried to withdraw though. The developers are still working on the site though and the price had droped since I bought.

I own 214.2 GHS at PB and get about 0.12 - 0.13 BTC weekly

More than Happy  Grin

Was so close to make mistake and invest in CEX lol Ghs was 0.019 there

Care to share with us what price did you buy them?

PBMining is 0.0075 / GH
sr. member
Activity: 265
Merit: 250
Honni Soit Qui Mal i Pense
March 29, 2014, 05:38:15 PM
#28
Thanks a lot for the effort and the follow up. Im sure that this is the best summary about the whole Cloud Mining thing.
Lets see how providers react if BTC goes down a lot. Maybe problems with power costs? no ROI for them? who knows...
Interesting Times!
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
March 29, 2014, 05:26:39 PM
#27
Any opinions about scrypt.cc nobody tried this service?


I did. People seem satisfied in general. I own few Kh/s and everything seems fine. I get paid for shares many times a day. I haven't tried to withdraw though. The developers are still working on the site though and the price had droped since I bought.

I own 214.2 GHS at PB and get about 0.12 - 0.13 BTC weekly

More than Happy  Grin

Was so close to make mistake and invest in CEX lol Ghs was 0.019 there

Care to share with us what price did you buy them?
full member
Activity: 221
Merit: 100
Bitcoin lover
March 29, 2014, 01:38:14 PM
#26
Any opinions about scrypt.cc nobody tried this service?
legendary
Activity: 994
Merit: 1000
March 29, 2014, 12:20:11 PM
#25
When do you expect to start making profit?

Three weeks ago, for me Cheesy

Congraz Smiley
legendary
Activity: 994
Merit: 1000
March 29, 2014, 12:17:20 PM
#24
I own 214.2 GHS at PB and get about 0.12 - 0.13 BTC weekly

More than Happy  Grin

Was so close to make mistake and invest in CEX lol Ghs was 0.019 there
legendary
Activity: 1372
Merit: 1022
Anarchy is not chaos.
March 29, 2014, 12:09:19 PM
#23
When do you expect to start making profit?

Three weeks ago, for me Cheesy
sr. member
Activity: 430
Merit: 500
March 29, 2014, 12:07:16 PM
#22
Is there something wrong with PB mining? The earning seem similar to those of the 6 Gh/s of cex!  Shocked
He said he had some 'dust' on cex address.

But still assuming that 60 is 10 times bigger than 6.

Shouldn't the daily payout be similar to that?
I'm looking day 3:
cex daily:         0.00037
PB mining daily: 0.00544

It's 14 times bigger. (luck probably)



cex has high maintenance fees (16.1%) so that makes also a difference in profits
full member
Activity: 200
Merit: 100
March 29, 2014, 12:05:25 PM
#21
Is there something wrong with PB mining? The earning seem similar to those of the 6 Gh/s of cex!  Shocked

Nope. As I said, Day 2 had some dust on CEX, therefore it's not reliable. Look at Day 3.

CEX daily profit is  0.00037039. If you multiply this profit by 10 (6 GHS on CEX become 60 GHS), you get 0.00370390  which is even less than what I get with PBMining at 53 GHS,  0.00544143 .

Also, consider that PBMining does not give you profits from an actual pool. It uses a fixed formula similar to the one used by bitcoinwisdom.com and it gives you this fixed amount every week. I assume that the guys at PBMining have created a sort of consortium, where they use BTC from members to buy hardware and mine according to their strategy and they give to members profits according to the fixed formula. It's like saying: "OK, you are the expert, here are my money, use them as you want as long as you guarantee me the return I would have according to profitability formulas".
hero member
Activity: 630
Merit: 500
March 29, 2014, 12:02:55 PM
#20
Is there something wrong with PB mining? The earning seem similar to those of the 6 Gh/s of cex!  Shocked
He said he had some 'dust' on cex address.

But still assuming that 60 is 10 times bigger than 6.

Shouldn't the daily payout be similar to that?
I'm looking day 3:
cex daily:         0.00037
PB mining daily: 0.00544

It's 14 times bigger. (luck probably)

sr. member
Activity: 434
Merit: 250
March 29, 2014, 11:59:24 AM
#19
Is there something wrong with PB mining? The earning seem similar to those of the 6 Gh/s of cex!  Shocked
He said he had some 'dust' on cex address.

But still assuming that 60 is 10 times bigger than 6.

Shouldn't the daily payout be similar to that?

If you consider the difference between the luck of each pool, there is aught to be some variance.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
March 29, 2014, 11:56:55 AM
#18
Is there something wrong with PB mining? The earning seem similar to those of the 6 Gh/s of cex!  Shocked
He said he had some 'dust' on cex address.

But still assuming that 60 is 10 times bigger than 6.

Shouldn't the daily payout be similar to that?
hero member
Activity: 630
Merit: 500
March 29, 2014, 11:54:58 AM
#17
Is there something wrong with PB mining? The earning seem similar to those of the 6 Gh/s of cex!  Shocked
He said he had some 'dust' on cex address.
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