PB Mining -- 5 year mining contracts! - page 136.

rodeoclownicp

sr. member

Activity: 252

Merit: 250

Quote from: Coelho on July 28, 2014, 04:14:56 AM

So here is a question from the new kid on the block.

I recently started mining at pb as well. Most of you guys started months ago and past the break even point. As the difficulty goes up is it still worth to start investing (or re-investing) or is it too late to be profitable?

And this is a question just for your speculation/gut feeling, not one to discuss electricity costs as such

honest answer- no... its not.. with the low difficulty jumps u could of made up some ground when the price dropped.... but then pb stopped the price drops...every time the difficulty has gone up the price drop was less than the difficulty increase so profitability has been going down for a while... if pb does a second drop we would make up for the last increase which would just put u back where we were 2 drops ago

byt411

hero member

Activity: 798

Merit: 1000

Quote from: KriszDev on July 30, 2014, 01:05:22 AM

Why is the minimum buy 15GH/s?

Why shouldn't it be? Buying very little is worthless, and it's at an affordable price.

KriszDev

sr. member

Activity: 364

Merit: 250

Why is the minimum buy 15GH/s?

Mike18feb

hero member

Activity: 657

Merit: 500

MΣC

Quote from: testerman on July 29, 2014, 11:17:30 AM

diff is not rising too steep nowadays, i think more and more contracts invest time is coming

...

with these rates, pbmining has become the most profitiable cloud mining in the internet i think, any objections?

Not really objecting, though there are a few cheaper ones, also some more expensive ones. Cheaper isn't always better, and more expensive isn't always more secure. But I like to mix

And yes, difficulty increase seems to be declining. Until new technology builds bigger and better mining stuff maybe. Then again, the Antminer S3 is new, but not more powerful, but more efficient. With current difficulty increases that can be quite interesting. Especially for home miners, such a thing (or even more efficient) might be better then having a monstrous machine in the house that draws so much power it makes the walls glow.

byt411

hero member

Activity: 798

Merit: 1000

Quote from: ?? on ??

my entry: 16 (josef)

You are ineligible for the contest. Please read the rules properly, unless you lack the ability to do so.
Have a nice day.

testerman

hero member

Activity: 840

Merit: 1000

diff is not rising too steep nowadays, i think more and more contracts invest time is coming

FYI last 2 diff changes,

Jul 25 2014   18,736,441,558   8.08%   134,120,673 GH/s
Jul 12 2014   17,336,316,979   3.08%   124,098,191 GH/s

And NEXT will about be

Estimated Next Difficulty:   19,315,985,774 (+3.09%)

with these rates, pbmining has become the most profitiable cloud mining in the internet i think, any objections?

PBmining

sr. member

Activity: 378

Merit: 250

Quote from: VJain on July 28, 2014, 03:36:51 PM

Just curious, has anyone done much transaction/address/btc (or whatever the correct term is) tracing on them?

Just from a quick glance, you buy contracts by sending BTC to 1Bunny, which in turn sends it to another address which in turn sends it to 1Payday which pays us back.

I'm likely missing something, because I honestly don't know enough (Disclaimer, I'm ignorant due to lack of time to learn). Are there any outside input (from a potential mining address) to the addresses supplying 1Payday?

The coins are naturally mixed. Send yourself some Bitcoins on BTC-E or Bitstamp and then send yourself some coins back. You won't get it from the same address. We don't use our direct mining address to pay out. We also don't share our direct mining address, nor do we have to at this point as we are very conservative with keeping things going the way they have been. The more changes/info we introduce, the more risks we take and we aren't ready to do that right now.
A portion of revenue is stored as insurance, in case of downtime of hardware to make sure you always get paid no matter what. That has never been a secret and has always been described on our introduction page.
Our address we have been using for the last couple weeks: https://blockchain.info/address/1PiggymPPieBtwaUKdrmxi4p1VuXG2ZHy4 .. The 1Bunny address you are referring to was an order address we used around Easter. Sometimes it's 1Chops, 1Bacon, and other tasty vanity addresses.

VJain

sr. member

Activity: 305

Merit: 250

Just curious, has anyone done much transaction/address/btc (or whatever the correct term is) tracing on them?

Just from a quick glance, you buy contracts by sending BTC to 1Bunny, which in turn sends it to another address which in turn sends it to 1Payday which pays us back.

I'm likely missing something, because I honestly don't know enough (Disclaimer, I'm ignorant due to lack of time to learn). Are there any outside input (from a potential mining address) to the addresses supplying 1Payday?

PBmining

sr. member

Activity: 378

Merit: 250

Quote from: ?? on ??

I have bought Ghs but refreshed my browser backwards, so they get mistakenly deleted

Since the payment address is the same as last time I have bought a new contract;
but now I have paid a few minutes before I have bought, I hope you can assign my payment.

Please e-mail [email protected] and our support staff will be able to help you.

ejinte

hero member

Activity: 644

Merit: 500

Quote from: Coelho on July 28, 2014, 04:14:56 AM

So here is a question from the new kid on the block.

I recently started mining at pb as well. Most of you guys started months ago and past the break even point. As the difficulty goes up is it still worth to start investing (or re-investing) or is it too late to be profitable?

And this is a question just for your speculation/gut feeling, not one to discuss electricity costs as such

Search for mining bitcoin profit calculator and do your own comperation, price per GHz is 1.6dollars now.

And of course you should shop around if you might find something cheaper.

byt411

hero member

Activity: 798

Merit: 1000

Quote from: Coelho on July 28, 2014, 04:14:56 AM

So here is a question from the new kid on the block.

I recently started mining at pb as well. Most of you guys started months ago and past the break even point. As the difficulty goes up is it still worth to start investing (or re-investing) or is it too late to be profitable?

And this is a question just for your speculation/gut feeling, not one to discuss electricity costs as such

Nothing is ever too late, but no one will know how future difficulty rises (or falls, hopefully).
So no one really knows if it's really profitable or not.

Coelho

newbie

Activity: 8

Merit: 0

So here is a question from the new kid on the block.

I recently started mining at pb as well. Most of you guys started months ago and past the break even point. As the difficulty goes up is it still worth to start investing (or re-investing) or is it too late to be profitable?

And this is a question just for your speculation/gut feeling, not one to discuss electricity costs as such

PBmining

sr. member

Activity: 378

Merit: 250

Quote from: byt411 on July 27, 2014, 05:14:38 AM

Quote from: jimmyl on July 27, 2014, 05:09:54 AM

When will be the next revision of prices?

After the next difficulty change.

Looks like it's going to be another low one too. Do the piggy dance!

Biomech

legendary

Activity: 1372

Merit: 1022

Anarchy is not chaos.

Quote from: jimmyl on July 27, 2014, 05:09:54 AM

When will be the next revision of prices?

Bitcoin Difficulty:    18,736,441,558
Estimated Next Difficulty:    19,558,016,424 (+4.38%)
Adjust time:    After 1727 Blocks, About 12.2 days

source: bitcoinwisdom.com

toxiclabs45

newbie

Activity: 37

Merit: 0

this fat piggy got paid
total worth it sign up thanks
http://pbmining.com?ref=kyoshi

fractal02

hero member

Activity: 504

Merit: 500

$Profile photo of fractal02$

Still not paid...
Hurry Piggy , i need re-invest Grin

Edit : Whooop ! Here come the BTC Grin

byt411

hero member

Activity: 798

Merit: 1000

Quote from: jimmyl on July 27, 2014, 05:25:38 AM

Any promos Grin

There is a 2TH/s giveaway going on right now, to be drawn on September 1st.
https://bitcointalksearch.org/topic/pbmining-2ths-giveaway-labour-day-tournament-631472

jimmyl

full member

Activity: 211

Merit: 100

Any promos Grin

byt411

hero member

Activity: 798

Merit: 1000

Quote from: jimmyl on July 27, 2014, 05:09:54 AM

When will be the next revision of prices?

After the next difficulty change.

jimmyl

full member

Activity: 211

Merit: 100

When will be the next revision of prices?

Topic: PB Mining -- 5 year mining contracts! - page 136. (Read 378920 times)