PB Mining -- 5 year mining contracts! - page 161.

mahowi

full member

Activity: 142

Merit: 100

Quote from: fractal02 on June 22, 2014, 10:10:38 AM

Quote from: damiano on June 22, 2014, 09:42:04 AM

Quote from: jonsi on June 22, 2014, 06:44:03 AM

Payment received, but still, long time to go until positive ROI, and with the difficulty increase I don't know, I may collecting just dust in a few more months.

Positive ROI with cloud mining is impossible unless you got it at a lower price than what they paid.

Well... time will tell me if you are right or wrong (if wrong it will be the hard way

).
At today, i'm at 78% of my ROI after 3 month.

Me too.

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

jonsi

legendary

Activity: 1397

Merit: 1019

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!

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.

tprogex

member

Activity: 104

Merit: 10

Quote from: PBmining on June 22, 2014, 12:20:37 PM

We will do our best to increase the competitiveness of our prices. Also keep in mind that there are usually two price drops during a difficulty period, sometimes more. You just need to get in at an optimal time, and sometimes that's hard to predict. If we lower our prices too much we could go out of business with overhead costs. Perhaps wait to see how this difficulty storm plays out? Nothing wrong with waiting for a better price.. As we become more effective with power costs, that will be another reason to lower prices again.

I like You style in business.

fractal02

hero member

Activity: 504

Merit: 500

$Profile photo of fractal02$

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!

Thank you !

Nice...
I'm going to try some scenarios on your profit calculator Wink

drpra

newbie

Activity: 6

Merit: 0

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!

vipgelsi

legendary

Activity: 1736

Merit: 1001

Thanks for the payment. Pb

rodeoclownicp

sr. member

Activity: 252

Merit: 250

Quote from: oztusk on June 22, 2014, 12:01:46 PM

Pb prices are not like the early days.
Yes, price goes down, but difficulty is going up faster..
At present prices you are sure to lose 30% of your outlay.
Its getting like cex around here.
Last diff up 14.5%...
Last price drop 10%..

Actual price/yield ratio is up 70.66% since february.

DITTO - THE PRICE DECREASe WOULD HAVE TO EQUAL DIFFICULTY INCREASE TO BE OFFSET - so older miners and there opinions and there roi would belong in a different thread- it is not even relate-able... you can still turn a profit in the red you just have to hit on both ends... get your gh while conversion is low and get payout or hold your payout till btc is back up... if u need help, running numbers or making sense of it feel free to contact me

5ick3uffalo

legendary

Activity: 994

Merit: 1000

My first 30GHS i bought in March made 0.23580233 btc so far. (cant remember the correct price per GHS back then but its damn close to break even it seems. was it 0.008?)
If btc jump from 600 to 1000 , all good. Just matter of time, everyone wants to jump ship but there is limited supply.

Ordered 75 GHS more

byt411

hero member

Activity: 798

Merit: 1000

Quote from: oztusk on June 22, 2014, 12:01:46 PM

Pb prices are not like the early days.
Yes, price goes down, but difficulty is going up faster..
At present prices you are sure to lose 30% of your outlay.
Its getting like cex around here.
Last diff up 14.5%...
Last price drop 10%..

Actual price/yield ratio is up 70.66% since february.

Actually, it's not going like cex.io. Difficulty is going up, and prices have started to go up there too.

Kashim

sr. member

Activity: 300

Merit: 250

diff wont go up so fast since asics life rates are approx 2 years in 24/7 use. Cheesy

PBmining

sr. member

Activity: 378

Merit: 250

We will do our best to increase the competitiveness of our prices. Also keep in mind that there are usually two price drops during a difficulty period, sometimes more. You just need to get in at an optimal time, and sometimes that's hard to predict. If we lower our prices too much we could go out of business with overhead costs. Perhaps wait to see how this difficulty storm plays out? Nothing wrong with waiting for a better price.. As we become more effective with power costs, that will be another reason to lower prices again.

oztusk

sr. member

Activity: 327

Merit: 250

Pb prices are not like the early days.
Yes, price goes down, but difficulty is going up faster..
At present prices you are sure to lose 30% of your outlay.
Its getting like cex around here.
Last diff up 14.5%...
Last price drop 10%..

Actual price/yield ratio is up 70.66% since february.

silversurfer1958

full member

Activity: 474

Merit: 111

I imagine that what is needed is for Bitcoin to go down in price so that more BTC can be accumulated then for it to go up in price so we can profit from it.
The same shroud be true of alt coin mining, yo want to mine alt coins while BTC price is low so BTC are easier to buy and you get more for your money, then wait for them to go up in price. Perhaps keeping hold of a few altcoins which you think might also do well in the future.

byt411

hero member

Activity: 798

Merit: 1000

Quote from: damiano on June 22, 2014, 09:42:04 AM

Quote from: jonsi on June 22, 2014, 06:44:03 AM

Payment received, but still, long time to go until positive ROI, and with the difficulty increase I don't know, I may collecting just dust in a few more months.

Positive ROI with cloud mining is impossible unless you got it at a lower price than what they paid.

This statement is incorrect, since I have already reached 100% ROI and I am already profiting.

fractal02

hero member

Activity: 504

Merit: 500

$Profile photo of fractal02$

Quote from: damiano on June 22, 2014, 09:42:04 AM

Quote from: jonsi on June 22, 2014, 06:44:03 AM

Payment received, but still, long time to go until positive ROI, and with the difficulty increase I don't know, I may collecting just dust in a few more months.

Positive ROI with cloud mining is impossible unless you got it at a lower price than what they paid.

Well... time will tell me if you are right or wrong (if wrong it will be the hard way

).
At today, i'm at 78% of my ROI after 3 month.

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

Quote from: jonsi on June 22, 2014, 06:44:03 AM

Payment received, but still, long time to go until positive ROI, and with the difficulty increase I don't know, I may collecting just dust in a few more months.

Positive ROI with cloud mining is impossible unless you got it at a lower price than what they paid.

fractal02

hero member

Activity: 504

Merit: 500

$Profile photo of fractal02$

Quote from: jonsi on June 22, 2014, 06:44:03 AM

Payment received, but still, long time to go until positive ROI, and with the difficulty increase I don't know, I may collecting just dust in a few more months.

Yep...still a long road to positive ROI...
And the diff is skyrocketting at the moment...

jonsi

legendary

Activity: 1397

Merit: 1019

Payment received, but still, long time to go until positive ROI, and with the difficulty increase I don't know, I may collecting just dust in a few more months.

Steiny217

member

Activity: 118

Merit: 10

WOOHOO, Thanks PB!

Biomech

legendary

Activity: 1372

Merit: 1022

Anarchy is not chaos.

paid again!

Topic: PB Mining -- 5 year mining contracts! - page 161. (Read 378920 times)