PB Mining -- 5 year mining contracts! - page 160.

PilotofBTC

legendary

Activity: 1736

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Quote from: PBmining on June 25, 2014, 02:58:04 PM

I would like to hear more opinions about this change. If there is enough users against it we will try to find other ways. I'm just trying to heighten the security of our site, and by no means trying to leave a bad taste with anybody.

I assume before you allow an email address change, you send an email to the current email address to verify the change and also an email to the new email address to verify the address.

You other thing, you have perfectly easy way to verify the account owner is making a change. Ask them to sign a message that contains a random token you generate for them with their BTC private key of the address they have on file. If they can do that, it's 99 % sure they have they are the owner of the PB minning address/acct.

so, with the above in place in order for someone to change my PMMinning email address they would have to ....

1. Hack my email account.
2. Hack my BTC wallet.

you could even make it more secure by using 2FA. This adds:

3. Have stolen my cell phone.

But, I agree, not allowing an email address change is a bit draconian.

PBmining

sr. member

Activity: 378

Merit: 250

I would like to hear more opinions about this change. If there is enough users against it we will try to find other ways. I'm just trying to heighten the security of our site, and by no means trying to leave a bad taste with anybody.

PBmining

sr. member

Activity: 378

Merit: 250

Quote from: jonsi on June 25, 2014, 02:46:21 PM

Quote from: PBmining on June 25, 2014, 02:35:23 PM

As of June 25th we are no longer allowing users to change their e-mail addresses under their PB Mining profile. The e-mail address you register with is now intended to be a permanent link to your account.

We apologize if this is an inconvenience to users who try to sell their accounts, and we have done our best to cater to everyone's wishes. However it has caused more frustration than it's worth for everybody.

This is also a reminder to make sure your PB Mining password is different than your e-mail password. For someone to change the payout address under your account, they would need access to both your PB Mining account AND your e-mail address. For this reason, the passwords should be completely different. You can change your password under "Your Profile" settings.

This is not right. The users who purchased until now have done that knowingly that they could change their email address. You can't jut force this upon a 5 year contract that was bought under different terms. Maybe someone has a payd email service and doesn't want to renew it, or has it's address on his own domain and he doesn't wish to prolonge it no more. There are more reasons beside selling the account. It's wrong to change the terms on a contract that someone has no way out of it.

We will manage it on a case by case basis. A user will have to provide valid reasons and possibly further verification before the change would be made. Also, the option to change the e-mail address was never an option in the first place. People have always made special requests for it, about half of them being attacks on hacked e-mail accounts.

jonsi

legendary

Activity: 1397

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Quote from: PBmining on June 25, 2014, 02:35:23 PM

As of June 25th we are no longer allowing users to change their e-mail addresses under their PB Mining profile. The e-mail address you register with is now intended to be a permanent link to your account.

We apologize if this is an inconvenience to users who try to sell their accounts, and we have done our best to cater to everyone's wishes. However it has caused more frustration than it's worth for everybody.

This is also a reminder to make sure your PB Mining password is different than your e-mail password. For someone to change the payout address under your account, they would need access to both your PB Mining account AND your e-mail address. For this reason, the passwords should be completely different. You can change your password under "Your Profile" settings.

This is not right. The users who purchased until now have done that knowingly that they could change their email address. You can't jut force this upon a 5 year contract that was bought under different terms. Maybe someone has a payd email service and doesn't want to renew it, or has it's address on his own domain and he doesn't wish to prolonge it no more. There are more reasons beside selling the account. It's wrong to change the terms on a contract that someone has no way out of it.

PBmining

sr. member

Activity: 378

Merit: 250

Quote from: byt411 on June 25, 2014, 02:37:21 PM

Quote from: PBmining on June 25, 2014, 02:35:23 PM

As of June 25th we are no longer allowing users to change their e-mail addresses under their PB Mining profile. The e-mail address you register with is now intended to be a permanent link to your account.

We apologize if this is an inconvenience to users who try to sell their accounts, and we have done our best to cater to everyone's wishes. However it has caused more frustration than it's worth for everybody.

This is also a reminder to make sure your PB Mining password is different than your e-mail password. For someone to change the payout address under your account, they would need access to both your PB Mining account AND your e-mail address. For this reason, the passwords should be completely different. You can change your password under "Your Profile".

Why is this new policy being implemented?

There has been far too much confusion from users who try to request support from an e-mail address they already wiped out of the system. It's also a huge security issue -- a hacker will always try to change the e-mail address first so that the victim is completely clueless of other changes being made. We want all confirmation e-mails to be sent to the original e-mail address that signed up.

If a hacker gains access to an e-mail account, and doesn't know the PB Mining password, there is nothing he can really do. In the worst case scenario, the original payout address will continue receiving payments until expiration.

We have not yet had an issue of a payout address being wrongfully changed without our alarms going off, and we continue to keep it that way.

byt411

hero member

Activity: 798

Merit: 1000

Quote from: PBmining on June 25, 2014, 02:35:23 PM

As of June 25th we are no longer allowing users to change their e-mail addresses under their PB Mining profile. The e-mail address you register with is now intended to be a permanent link to your account.

We apologize if this is an inconvenience to users who try to sell their accounts, and we have done our best to cater to everyone's wishes. However it has caused more frustration than it's worth for everybody.

This is also a reminder to make sure your PB Mining password is different than your e-mail password. For someone to change the payout address under your account, they would need access to both your PB Mining account AND your e-mail address. For this reason, the passwords should be completely different. You can change your password under "Your Profile".

Why is this new policy being implemented?

PBmining

sr. member

Activity: 378

Merit: 250

As of June 25th we are no longer allowing users to change their e-mail addresses under their PB Mining profile. The e-mail address you register with is now intended to be a permanent link to your account.

We apologize if this is an inconvenience to users who try to sell their accounts, and we have done our best to cater to everyone's wishes. However it has caused more frustration than it's worth for everybody.

This is also a reminder to make sure your PB Mining password is different than your e-mail password. For someone to change the payout address under your account, they would need access to both your PB Mining account AND your e-mail address. For this reason, the passwords should be completely different. You can change your password under "Your Profile" settings.

rodeoclownicp

sr. member

Activity: 252

Merit: 250

Quote from: drpra on June 24, 2014, 05:08:55 AM

Quote from: rodeoclownicp on June 24, 2014, 12:18:02 AM

wow that would be amazing - it would give actual roi comparisons, that would be like the holy grail of predictions and profitability

Done, please have a look, note that the performance ist quite poor, will check this later. Also the PBMining prices might not be fully accurate but you should get an idea.

pratscher.org/pbmining

awsome

tprogex

member

Activity: 104

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Quote from: inni on June 24, 2014, 07:13:38 AM

I started using pbmining in Feb this year and from my calculations I am now in profit - well I hope I've calculated correctly.
I used pingit to pay for bitcoin to get the contracts - my pingit shows I've spent £34 on bitcoin and from the contract screen I totalled all my contracts worth so far and its over the amount I spent..not by much but its profit.
The money I made back from the contracts were re invested in new contracts - so far I have a total of 37GH which isnt much but I was really just testing to see how to service was.
I'm customer no 443

I have 856 ghs for test in PB and 2 ths hardware on my balcony . In September plan to add 10-20 ths minimum if pb will stand as strong as it is now I'll buy that 10-20 ths from PB.

inni

newbie

Activity: 13

Merit: 0

I started using pbmining in Feb this year and from my calculations I am now in profit - well I hope I've calculated correctly.
I used pingit to pay for bitcoin to get the contracts - my pingit shows I've spent £34 on bitcoin and from the contract screen I totalled all my contracts worth so far and its over the amount I spent..not by much but its profit.
The money I made back from the contracts were re invested in new contracts - so far I have a total of 37GH which isnt much but I was really just testing to see how to service was.
I'm customer no 443

byt411

hero member

Activity: 798

Merit: 1000

Quote from: tuanvie on June 24, 2014, 06:38:25 AM

increasingly difficult now cloud mining, pbmining I also rely on the less income.
I want to order GHS back on pbmining but whether the minimum contract is 10 GH / s now?

Yes, the minimum is now 10 GH/s.

tuanvie

sr. member

Activity: 448

Merit: 250

increasingly difficult now cloud mining, pbmining I also rely on the less income.
I want to order GHS back on pbmining but whether the minimum contract is 10 GH / s now?

drpra

newbie

Activity: 6

Merit: 0

Quote from: rodeoclownicp on June 24, 2014, 12:18:02 AM

wow that would be amazing - it would give actual roi comparisons, that would be like the holy grail of predictions and profitability

Done, please have a look, note that the performance ist quite poor, will check this later. Also the PBMining prices might not be fully accurate but you should get an idea.

pratscher.org/pbmining

rodeoclownicp

sr. member

Activity: 252

Merit: 250

Quote from: drpra on June 24, 2014, 12:07:30 AM

Quote from: rodeoclownicp on June 23, 2014, 10:35:17 PM

Quote from: drpra on June 23, 2014, 03:05:18 AM

Hello,

as I recently invested in a PBMining contract I've create a simple profitability calculator. It allows you to balance your investment based on your difficulty increase rate estimation. Also it allows you to take into account re-investments of your earnings at a given rate (0-100%).

Check it out & I would be happy to get some feedback on the functionality: http://pratscher.org/pbmining/

Thanks!

will it back date to past buy prices and therefore known dificulties and compare difference of dificulty increases versus current buy price

Not yet, but if somebody could provide me with the pricing evolutioin for PB mining I will add this functionality.

wow that would be amazing - it would give actual roi comparisons, that would be like the holy grail of predictions and profitability

drpra

newbie

Activity: 6

Merit: 0

Quote from: rodeoclownicp on June 23, 2014, 10:35:17 PM

Quote from: drpra on June 23, 2014, 03:05:18 AM

Hello,

as I recently invested in a PBMining contract I've create a simple profitability calculator. It allows you to balance your investment based on your difficulty increase rate estimation. Also it allows you to take into account re-investments of your earnings at a given rate (0-100%).

http://pratscher.org/pbmining/a.png

Check it out & I would be happy to get some feedback on the functionality: http://pratscher.org/pbmining/

Thanks!

will it back date to past buy prices and therefore known dificulties and compare difference of dificulty increases versus current buy price

Not yet, but if somebody could provide me with the pricing evolutioin for PB mining I will add this functionality.

rodeoclownicp

sr. member

Activity: 252

Merit: 250

Quote from: drpra on June 23, 2014, 03:05:18 AM

Hello,

as I recently invested in a PBMining contract I've create a simple profitability calculator. It allows you to balance your investment based on your difficulty increase rate estimation. Also it allows you to take into account re-investments of your earnings at a given rate (0-100%).

Check it out & I would be happy to get some feedback on the functionality: http://pratscher.org/pbmining/

Thanks!

will it back date to past buy prices and therefore known dificulties and compare difference of dificulty increases versus current buy price

PBmining

sr. member

Activity: 378

Merit: 250

Quote from: androhide on June 23, 2014, 08:19:13 PM

What should i do if my pbmining account was hacked?
I tried to reset password from login page but got no reply to my email.
I don,t get my payment last time.
Maybe my wallet address was changed by the hacker.
I try to email admin and not replied yet...
Cry

All support requests are responded to within 24 hours. If you PM me with your Customer # and details I can try to push it faster.

Also, just to put your mind at ease, a hacker would not be able to change your Payout Address unless he had full control of your e-mail address as well. Hopefully that gives you peace of mind until we can help you further.

androhide

newbie

Activity: 6

Merit: 0

What should i do if my pbmining account was hacked?
I tried to reset password from login page but got no reply to my email.
I don,t get my payment last time.
Maybe my wallet address was changed by the hacker.
I try to email admin and not replied yet...
Cry

drpra

newbie

Activity: 6

Merit: 0

Quote from: jonsi on June 23, 2014, 10:59:34 AM

Quote from: drpra on June 23, 2014, 03:05:18 AM

Hello,

as I recently invested in a PBMining contract I've create a simple profitability calculator. It allows you to balance your investment based on your difficulty increase rate estimation. Also it allows you to take into account re-investments of your earnings at a given rate (0-100%).

http://pratscher.org/pbmining/a.png

Check it out & I would be happy to get some feedback on the functionality: http://pratscher.org/pbmining/

Thanks!

According to this if you reinvest any part of your earnings you will be at a loss, unless you are very optimistic about the difficulty increase and the price drops from PB.

Well, it depends at which point you stop your re-investment. If the difficulty raises faster than the price decrease from PBMining you will make a loss, otherwise a profit.

I also added the functionality to stop re-investment after a certain period. This allows one to find the best time to stop re-investing money and cash out.

fractal02

hero member

Activity: 504

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$Profile photo of fractal02$

Quote from: mahowi on June 23, 2014, 12:08:12 PM

Me too.

I will see if I get the other 22% to make a profit.

Well...for the moment i wait until my ROI for a re-investment...
But i think this will happen in 3 or maybee more month with the diff skyrocketting at the moment...

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