Author

Topic: PB Mining -- 5 year mining contracts! - page 156. (Read 378920 times)

full member
Activity: 191
Merit: 100
Maybe ur right...time will tell  Cheesy

I bought my first Bitcoins when it was 70$, should´ve bought more but everybody was saying i am crazy pay so much money for a virtual currency Wink

0.0030 hm ok, re-investing Smiley

I sold 231 BTC  when it was 2.93 Dollar  Lips sealed

Oh my god !!.... Wink
legendary
Activity: 1890
Merit: 1031
Maybe ur right...time will tell  Cheesy

I bought my first Bitcoins when it was 70$, should´ve bought more but everybody was saying i am crazy pay so much money for a virtual currency Wink

0.0030 hm ok, re-investing Smiley

I sold 231 BTC  when it was 2.93 Dollar  Lips sealed
legendary
Activity: 994
Merit: 1000
Maybe ur right...time will tell  Cheesy

I bought my first Bitcoins when it was 70$, should´ve bought more but everybody was saying i am crazy pay so much money for a virtual currency Wink

0.0030 hm ok, re-investing Smiley
full member
Activity: 191
Merit: 100
Maybe ur right...time will tell  Cheesy
legendary
Activity: 994
Merit: 1000
Yeah....just 598$....i just checked.
It should be over 700$....in mine opinion ,because of this kind of difficult change


I´ll buy below 600$. I know for sure in 10- 15years i think  "oh boy just 600$ back then , why did not buy some more"
full member
Activity: 191
Merit: 100
Yeah....just 598$....i just checked.
It should be over 700$....in mine opinion ,because of this kind of difficult change
legendary
Activity: 994
Merit: 1000
Estimated Next Difficulty:   16,855,522,528 (+25.20%)  Shocked
Adjust time:   After 7 Blocks, About 53.8 minutes


Holy Cow! Can this be true given past diff jumps:

Jun 18 2014      14.51%   96,368,902 GH/s
Jun 05 2014      12.44%   84,156,677 GH/s
May 24 2014      18.10%   74,844,960 GH/s
May 12 2014      10.66%   63,375,223 GH/s
Apr 29 2014      14.64%   57,272,474 GH/s
Apr 17 2014      14.04%   49,956,502 GH/s

Check out how much hash rate have changed since last time....there is ur answer.
In January was that kind of difficult change.
This sucks...big time  Cry

126,378,868  - 96,368,902 GH/s = WoW

With getting more and more difficult to mine btc one can think btc prize will rise?

full member
Activity: 191
Merit: 100
Estimated Next Difficulty:   16,855,522,528 (+25.20%)  Shocked
Adjust time:   After 7 Blocks, About 53.8 minutes


Holy Cow! Can this be true given past diff jumps:

Jun 18 2014      14.51%   96,368,902 GH/s
Jun 05 2014      12.44%   84,156,677 GH/s
May 24 2014      18.10%   74,844,960 GH/s
May 12 2014      10.66%   63,375,223 GH/s
Apr 29 2014      14.64%   57,272,474 GH/s
Apr 17 2014      14.04%   49,956,502 GH/s

Check out how much hash rate have changed since last time....there is ur answer.
In January was that kind of difficult change.
This sucks...big time  Cry
legendary
Activity: 994
Merit: 1000
Estimated Next Difficulty:   16,855,522,528 (+25.20%)  Shocked
Adjust time:   After 7 Blocks, About 53.8 minutes


Holy Cow! Can this be true given past diff jumps:

Jun 18 2014      14.51%   96,368,902 GH/s
Jun 05 2014      12.44%   84,156,677 GH/s
May 24 2014      18.10%   74,844,960 GH/s
May 12 2014      10.66%   63,375,223 GH/s
Apr 29 2014      14.64%   57,272,474 GH/s
Apr 17 2014      14.04%   49,956,502 GH/s
legendary
Activity: 1134
Merit: 1000
It looks like some of you will receive a payment from 1BeHPS71bmWW9sLzD7z792cjRXBMTdJdRG instead of the typical payday address.  This is because some returned change got recycled into the payment process rather than being frozen like it was supposed to.  Oops!  

I can accept to have my bitcoins even from 1gt5436gdtfsredr54637hdfygdtfert453654sdfaredsfret4565758588jfjgfngfjg885t8i595 9595959090.  Cheesy

Important is to have my bitcoins. And my bitcoins has arrived.....  Wink
legendary
Activity: 994
Merit: 1000
Payday Smiley

sr. member
Activity: 378
Merit: 250
It looks like some of you will receive a payment from 1BeHPS71bmWW9sLzD7z792cjRXBMTdJdRG instead of the typical payday address.  This is because some returned change got recycled into the payment process rather than being frozen like it was supposed to.  Oops! 
sr. member
Activity: 434
Merit: 250
oink
sr. member
Activity: 252
Merit: 250
pizzzzzzaid ... first to say it again.. who will beet me too it
sr. member
Activity: 305
Merit: 250
In essence. I don't care if they are even hashing. I see this as a PMB (perpetual mining bond). As long as I'm paid. I don't care. In the past, I don't think any PMBs have broken even, but this one can due to the pricing.
sr. member
Activity: 378
Merit: 250
In other news, Payday is coming, in combination with a BTC difficulty jump. Will this rare alignment eat up all available hashes in no time? Does it foretell the end of of human civilization? 

That will depend if there is a full moon or not.   Smiley
hero member
Activity: 657
Merit: 500
MΣC
In other news, Payday is coming, in combination with a BTC difficulty jump. Will this rare alignment eat up all available hashes in no time? Does it foretell the end of of human civilization? 
legendary
Activity: 1372
Merit: 1022
Anarchy is not chaos.
I'll probably regret this, but I'm gonna jump in to this fray and say a couple of hopefully cogent things.

First, to all of you making your calculations, I have to challenge what appears to be an axiom to all of you: That pbmining is ONLY mining with the hardware they are leasing out. It may be true, but I highly doubt it.

Think about this: They sell ONE HALF of the hashrate they purchase, and they continue to do so. This would indeed cover both expansion and electric costs.

Here's more. As some of you keep saying, the coins come from 'somewhere unknown' rather than a specific mining address. I can tell you from direct personal experience that low grade equipment is still damn profitable if it's mining something other than bitcoin. Now, with the way they are set up, are you sure all of your hash is mining BTC directly? I'm not. It's a hell of a way to recycle obsolete equipment!

And there is yet another thing that gets constantly ignored not only in this theread, but for the most part in the whole bitcoin ecosphere. I find this shocking, actually, but it's true. There is no reason why a company cannot buy land with running water and generate their own power!!!! Among other ways to keep old equipment mining.

I think pbmining has proven themselves quite adequately. I could be wrong of course, but I don't  think I am.

You'd need to buy Niagara Falls to power 800TH/s.  Roll Eyes

No. You might, but I'd need about ten 8 foot waterwheels each powering five delco 10Si alternators feeding a bank of 100 deep cycle batteries. Cost would be about the same as two spondoolies sp 30's, and would be scalable for a lot less than that. If the stream moved at a decent volume, you could double that by simply adding 5 more alternators per shaft to keep the battteries at peak. The above by the way, is extreme overkill.
legendary
Activity: 994
Merit: 1000
I'll probably regret this, but I'm gonna jump in to this fray and say a couple of hopefully cogent things.

First, to all of you making your calculations, I have to challenge what appears to be an axiom to all of you: That pbmining is ONLY mining with the hardware they are leasing out. It may be true, but I highly doubt it.

Think about this: They sell ONE HALF of the hashrate they purchase, and they continue to do so. This would indeed cover both expansion and electric costs.

Here's more. As some of you keep saying, the coins come from 'somewhere unknown' rather than a specific mining address. I can tell you from direct personal experience that low grade equipment is still damn profitable if it's mining something other than bitcoin. Now, with the way they are set up, are you sure all of your hash is mining BTC directly? I'm not. It's a hell of a way to recycle obsolete equipment!

And there is yet another thing that gets constantly ignored not only in this theread, but for the most part in the whole bitcoin ecosphere. I find this shocking, actually, but it's true. There is no reason why a company cannot buy land with running water and generate their own power!!!! Among other ways to keep old equipment mining.

I think pbmining has proven themselves quite adequately. I could be wrong of course, but I don't  think I am.


I think they not mine btc directly with all hashing power.

Really don´t know but whatever they do they seem to do it right and until now i can´t complain i always get what i paid for
full member
Activity: 180
Merit: 100
Cloud Mining & Colocation
I'll probably regret this, but I'm gonna jump in to this fray and say a couple of hopefully cogent things.

First, to all of you making your calculations, I have to challenge what appears to be an axiom to all of you: That pbmining is ONLY mining with the hardware they are leasing out. It may be true, but I highly doubt it.

Think about this: They sell ONE HALF of the hashrate they purchase, and they continue to do so. This would indeed cover both expansion and electric costs.

Here's more. As some of you keep saying, the coins come from 'somewhere unknown' rather than a specific mining address. I can tell you from direct personal experience that low grade equipment is still damn profitable if it's mining something other than bitcoin. Now, with the way they are set up, are you sure all of your hash is mining BTC directly? I'm not. It's a hell of a way to recycle obsolete equipment!

And there is yet another thing that gets constantly ignored not only in this theread, but for the most part in the whole bitcoin ecosphere. I find this shocking, actually, but it's true. There is no reason why a company cannot buy land with running water and generate their own power!!!! Among other ways to keep old equipment mining.

I think pbmining has proven themselves quite adequately. I could be wrong of course, but I don't  think I am.

You'd need to buy Niagara Falls to power 800TH/s.  Roll Eyes
Jump to: