Topic: PB Mining -- 5 year mining contracts! - page 151. (Read 379006 times)

You are not the first person to run around saying "Bitcoin mining isn't profitable!"
What you are doing is nothing original or revolutionary. We get these kind of trolls every day.
I would suggest you start your own Bitcoin mining business, one in which you sell the hash power for less than you purchased it for. We would all sign up.

"Godlike Mining" has a very nice ring to it.

Surely I'm not the first, but I'm here with good arguments I think.
Math is a good proof.

You are asking us to sell our hash power for less than what we purchased it for. How is that reasonable?

GODLIKE

hero member

Activity: 546

Merit: 500

LOL what you looking at?

Quote from: byt411 on June 30, 2014, 06:25:49 PM

You are not the first person to run around saying "Bitcoin mining isn't profitable!"
What you are doing is nothing original or revolutionary. We get these kind of trolls every day.
I would suggest you start your own Bitcoin mining business, one in which you sell the hash power for less than you purchased it for. We would all sign up.

"Godlike Mining" has a very nice ring to it.

Surely I'm not the first, but I'm here with good arguments I think.
Math is a good proof.

GODLIKE

hero member

Activity: 546

Merit: 500

LOL what you looking at?

You are not the first person to run around saying "Bitcoin mining isn't profitable!"
What you are doing is nothing original or revolutionary. We get these kind of trolls every day.
I would suggest you start your own Bitcoin mining business, one in which you sell the hash power for less than you purchased it for. We would all sign up.

"Godlike Mining" has a very good ring to it.

Exactly. Also, even if you buy your own miner and you run it yourself, the btc/ghs price is still nearly the same. And why do people continue to buy them? Because they profit. Please keep your bashing to another thread.
PBMining, if needed, you can ask him to leave the thread, and if he doesn't, he may get banned.

Until you prove my (simple) math wrong, I will keep writing.
Unless the mod is your friend and warns me to not do so.

And why, instead of attacking me, you don't try to see what I've written and prove that I'm wrong?

BTW, kick me out of this thread and I'll open a page just to show up how a good investment PBMining is.
Time needed: couple of hours.

byt411

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Activity: 798

Merit: 1000

Quote from: PBmining on June 30, 2014, 06:10:30 PM

You are not the first person to run around saying "Bitcoin mining isn't profitable!"
What you are doing is nothing original or revolutionary. We get these kind of trolls every day.
I would suggest you start your own Bitcoin mining business, one in which you sell the hash power for less than you purchased it for. We would all sign up.

"Godlike Mining" has a very good ring to it.

Exactly. Also, even if you buy your own miner and you run it yourself, the btc/ghs price is still nearly the same. And why do people continue to buy them? Because they profit. Please keep your bashing to another thread.
PBMining, if needed, you can ask him to leave the thread, and if he doesn't, he may get banned.

PBmining

sr. member

Activity: 378

Merit: 250

You are not the first person to run around saying "Bitcoin mining isn't profitable!"
What you are doing is nothing original or revolutionary. We get these kind of trolls every day.
I would suggest you start your own Bitcoin mining business, one in which you sell the hash power for less than you purchased it for. We would all sign up.

"Godlike Mining" has a very nice ring to it.

GODLIKE

hero member

Activity: 546

Merit: 500

LOL what you looking at?

Quote from: GODLIKE on June 30, 2014, 06:08:38 PM

Quote from: PBmining on June 30, 2014, 05:54:52 PM

Quote

You better lower your prices and give back at least some chance of recovery of investment or you'll find me here wasting your efforts every time I'll find a minute.

That type of threat is illegal in most countries, I believe. We will continue selling our hash power for what it's worth on the market. The buyers set the price in the end, not us. Supply and Demand.

Threat? I am threating you that I will make your possible users aware of your "product", that's all.
I will warn users that when they buy XX GH/s at YY price they won't almost surely get back their investment.

And if you think you can scare me with words you are far by a long long long shot, kiddy Roll Eyes

You can tell users whatever you choose to. But when you say "Lower your prices or else", then it's a different story.

Quote

You better lower your prices and give back at least some chance of recovery of investment or you'll find me here wasting your efforts every time I'll find a minute.

This here over is my exact sentence.
You have some problem with semantics or you are again playing dumb to look like a victim.

So I also repeat it more clearly:

I WILL BE HERE, WASTING YOUR EFFORTS OF SELLING STUFF THAT WILL MUCH PROBABLY NOT PAY BACK CLIENTS.
I WILL WARN THEM, NOT BECAUSE I HAVE ANYTHING AGAINST YOU BUT BECAUSE I DON'T LIKE THIS TYPE OF ACTIVITY BASED ON PLAYING ON GOOD FAITH OF PEOPLE.

Now go, make a judgement call Cheesy

GODLIKE

hero member

Activity: 546

Merit: 500

LOL what you looking at?

Quote from: wakhidNkcom on June 30, 2014, 06:07:49 PM

Quote from: GODLIKE on June 30, 2014, 05:25:38 PM

Quote from: 5ick3uffalo on June 30, 2014, 05:04:33 PM

Quote from: GODLIKE on June 30, 2014, 06:08:38 PM

There's always the option of running your own hardware if you think you can do it cheaper.

Iyou know perfectly that at 0.0036 per MH/s the payer will never get his money back Wink

at 0.0036 per MH/s never, yes, true

I'm still trying to determine whether he has time traveled from the future and seen the difficulty changes, or if he has traveled from the past when the prices were 0.0036/Mhs. Either way, he needs to patent that technology ASAP. If he can share some lottery numbers with us I'll give him free hash power. Wink

You look a bit stupid with this question.

Here, if you are not a complete idiot, you can see that the difficulty is rising by around 15-20% on average for each step.
To be more precise, the average on the last 20 steps is around 18%, so my counts are even too sweet, as I based them on a 15% increase.
This last increase was a 24% hammer anyway.
And the more people will put power to mine (and this IS happening), the more the difficulty will rise.

But you know this perfectly, you are only playing dumb to not get your "activity" exposed

I'll be here though, and I'll try to save as many people I can from cloud mining and especially from PBMining Cheesy

You better lower your prices and give back at least some chance of recovery of investment or you'll find me here wasting your efforts every time I'll find a minute.

hmm this guys making me think 1000 times for use cloud mining(currently i have investment some on PBmining and never get problem with payment) for BEP i think you're right.. and this is my question

Can you describe the comparative advantages and disadvantages of buying miner (1TH/s) and buy 1TH/s on PBmining

note : i'm just stupid people whose want to know more

I've just opened this thread.
This looks rewarding... on a 6-10 month period.
After that, if you pay your electricity, you can trash it as well, because buying BTC on the market will probably be less expensive.

If BTC explodes to 2000$ in one year, you will have your tree of money.

By contrast, if you buy 1 GH/s of cloud mining from a cloud service Roll Eyes

you are going to pay 470 GH/s a total of 1,692 BTC, that is 1080$.
Doesn't look too attractive, does it? Cheesy

If you put now 0.0036 BTC for 1 GH/s and the difficulty will keep increasing every around 12 days by 15-20%, you won't get back your investment. EVER.

PBmining

sr. member

Activity: 378

Merit: 250

Quote from: PBmining on June 30, 2014, 05:54:52 PM

Quote

You better lower your prices and give back at least some chance of recovery of investment or you'll find me here wasting your efforts every time I'll find a minute.

That type of threat is illegal in most countries, I believe. We will continue selling our hash power for what it's worth on the market. The buyers set the price in the end, not us. Supply and Demand.

Threat? I am threating you that I will make your possible users aware of your "product", that's all.
I will warn users that when they buy XX GH/s at YY price they won't almost surely get back their investment.

And if you think you can scare me with words you are far by a long long long shot, kiddy Roll Eyes

You can tell users whatever you choose to. But when you say "Lower your prices or else", then it's a different story.

GODLIKE

hero member

Activity: 546

Merit: 500

LOL what you looking at?

Quote from: PBmining on June 30, 2014, 05:54:52 PM

Quote

You better lower your prices and give back at least some chance of recovery of investment or you'll find me here wasting your efforts every time I'll find a minute.

That type of threat is illegal in most countries, I believe. We will continue selling our hash power for what it's worth on the market. The buyers set the price in the end, not us. Supply and Demand.

Threat? I am threating you that I will make your possible users aware of your "product", that's all.
I will warn users that when they buy XX GH/s at YY price they won't almost surely get back their investment.

And if you think you can scare me with words you are far by a long long long shot, kiddy Roll Eyes

wakhidNkcom

hero member

Activity: 539

Merit: 500

Nkcom Collection Shop

Quote from: GODLIKE on June 30, 2014, 05:25:38 PM

Quote from: 5ick3uffalo on June 30, 2014, 05:04:33 PM

Quote from: 5ick3uffalo on June 30, 2014, 05:29:32 PM

There's always the option of running your own hardware if you think you can do it cheaper.

Iyou know perfectly that at 0.0036 per MH/s the payer will never get his money back Wink

at 0.0036 per MH/s never, yes, true

I'm still trying to determine whether he has time traveled from the future and seen the difficulty changes, or if he has traveled from the past when the prices were 0.0036/Mhs. Either way, he needs to patent that technology ASAP. If he can share some lottery numbers with us I'll give him free hash power. Wink

You look a bit stupid with this question.

Here, if you are not a complete idiot, you can see that the difficulty is rising by around 15-20% on average for each step.
To be more precise, the average on the last 20 steps is around 18%, so my counts are even too sweet, as I based them on a 15% increase.
This last increase was a 24% hammer anyway.
And the more people will put power to mine (and this IS happening), the more the difficulty will rise.

But you know this perfectly, you are only playing dumb to not get your "activity" exposed

I'll be here though, and I'll try to save as many people I can from cloud mining and especially from PBMining Cheesy

You better lower your prices and give back at least some chance of recovery of investment or you'll find me here wasting your efforts every time I'll find a minute.

hmm this guys making me think 1000 times for use cloud mining(currently i have investment some on PBmining and never get problem with payment) for BEP i think you're right.. and this is my question

Can you describe the comparative advantages and disadvantages of buying miner (1TH/s) and buy 1TH/s on PBmining

note : i'm just stupid people whose want to know more

GODLIKE

hero member

Activity: 546

Merit: 500

LOL what you looking at?

GOAAAALLL 2:0 Germany Win Win Win Grin

Darn... as you can see I have no glass ball, but I can bet 48651667069 BTC that in the next year the average increase of difficulty will be between 15 and 20% on every step of 11-13 days Wink

PBmining

sr. member

Activity: 378

Merit: 250

Also, I have constantly encouraged customers to use an Excel spreadsheet and measure their own risk:reward. If we were trying to convince everyone that they are 100% certain to make a positive ROI, why would I encourage this method of calculating possible scenarios?

PBmining

sr. member

Activity: 378

Merit: 250

Quote

You better lower your prices and give back at least some chance of recovery of investment or you'll find me here wasting your efforts every time I'll find a minute.

That type of threat is illegal in most countries, I believe. We will continue selling our hash power for what it's worth on the market. The buyers set the price in the end, not us. Supply and Demand.

5ick3uffalo

legendary

Activity: 994

Merit: 1000

Quote from: GODLIKE on June 30, 2014, 05:27:06 PM

Quote from: 5ick3uffalo on June 30, 2014, 05:23:26 PM

Quote from: 5ick3uffalo on June 30, 2014, 05:04:33 PM

Quote from: 5ick3uffalo on June 30, 2014, 05:23:26 PM

There's always the option of running your own hardware if you think you can do it cheaper.

Iyou know perfectly that at 0.0036 per MH/s the payer will never get his money back Wink

at 0.0036 per MH/s never, yes, true

I'm still trying to determine whether he has time traveled from the future and seen the difficulty changes, or if he has traveled from the past when the prices were 0.0036/Mhs. Either way, he needs to patent that technology ASAP. If he can share some lottery numbers with us I'll give him free hash power. Wink

For prediction difficult changes and btc price (and those two factors are big) you need a glass ball

You must have some brain damage, or you are just playing dumb because you are friend with the owner of the "service".

Dumb because i say you need a glassball to predict difficult jumps and btc price?
That´s a fact.

Germany beats Algeria anytime of the day - also a fact

And no i´m not a friend with the owner - just customer thats all.

5ick3uffalo

legendary

Activity: 994

Merit: 1000

GOAAAALLL 2:0 Germany Win Win Win Grin

GODLIKE

hero member

Activity: 546

Merit: 500

LOL what you looking at?

Quote from: 5ick3uffalo on June 30, 2014, 05:04:33 PM

There's always the option of running your own hardware if you think you can do it cheaper.

Iyou know perfectly that at 0.0036 per MH/s the payer will never get his money back Wink

at 0.0036 per MH/s never, yes, true

I'm still trying to determine whether he has time traveled from the future and seen the difficulty changes, or if he has traveled from the past when the prices were 0.0036/Mhs. Either way, he needs to patent that technology ASAP. If he can share some lottery numbers with us I'll give him free hash power. Wink

For prediction difficult changes and btc price (and those two factors are big) you need a glass ball

You must have some brain damage, or you are just playing dumb because you are friend with the owner of the "service".

GODLIKE

hero member

Activity: 546

Merit: 500

LOL what you looking at?

Quote from: 5ick3uffalo on June 30, 2014, 05:04:33 PM

There's always the option of running your own hardware if you think you can do it cheaper.

Iyou know perfectly that at 0.0036 per MH/s the payer will never get his money back Wink

at 0.0036 per MH/s never, yes, true

I'm still trying to determine whether he has time traveled from the future and seen the difficulty changes, or if he has traveled from the past when the prices were 0.0036/Mhs. Either way, he needs to patent that technology ASAP. If he can share some lottery numbers with us I'll give him free hash power. Wink

You look a bit stupid with this question.

Here, if you are not a complete idiot, you can see that the difficulty is rising by around 15-20% on average for each step.
To be more precise, the average on the last 20 steps is around 18%, so my counts are even too sweet, as I based them on a 15% increase.
This last increase was a 24% hammer anyway.
And the more people will put power to mine (and this IS happening), the more the difficulty will rise.

But you know this perfectly, you are only playing dumb to not get your "activity" exposed

I'll be here though, and I'll try to save as many people I can from cloud mining and especially from PBMining Cheesy

You better lower your prices and give back at least some chance of recovery of investment or you'll find me here wasting your efforts every time I'll find a minute.

5ick3uffalo

legendary

Activity: 994

Merit: 1000

Quote from: 5ick3uffalo on June 30, 2014, 05:04:33 PM

Quote from: 5ick3uffalo on June 30, 2014, 05:04:33 PM

There's always the option of running your own hardware if you think you can do it cheaper.

Iyou know perfectly that at 0.0036 per MH/s the payer will never get his money back Wink

at 0.0036 per MH/s never, yes, true

I'm still trying to determine whether he has time traveled from the future and seen the difficulty changes, or if he has traveled from the past when the prices were 0.0036/Mhs. Either way, he needs to patent that technology ASAP. If he can share some lottery numbers with us I'll give him free hash power. Wink

Hm if he travelled from future he not bet silly 2:0 Algeria then he knew the final score Wink

It´s 1:0 Germany ,lol

For prediction difficult changes and btc price (and those two factors are big) you need a glass ball but bet a soccer game between Algeria and Germany.
Sorry, that´s no brainer and really no rocket science:

Germany advance 1/4 Finals.

PBmining

sr. member

Activity: 378

Merit: 250

On a serious note, we did not create Bitcoin Mining. We simply sell our hash power for what it is worth on the market. What the difficulty factor is going to be is not under our control. You are digging for gold and we are selling you the shovels. That's all we do.

PBmining

sr. member

Activity: 378

Merit: 250