there must be some computational application for a hashing device...
Topic: PB Mining -- 5 year mining contracts! - page 177. (Read 378920 times)
sell old machines? really. for foot warmers?
there must be some computational application for a hashing device...
there must be some computational application for a hashing device...
poor pb he will need to wear a neck brace around to handle the hardware in his head from his one century long contracts
The contracts are 5 years, not a century. Yes, I know you were being hyperbolic.
That said, you aren't buying a contract on a particular machine. PBMining provides the contracted hash power. He is welcome to sell off older machines and buy newer more efficient machines throughout the contract.
well in years 3,4,5 i dont think you could blame pb for not mining the coin and not using greater cost to produce almost nothing - for instance and i am just making something up for examples sake - lets say in year 4 it cost pb $10,000 in electricity to produce 2 coins doo to difficulty jumps(made up number) u would just pay out the 2coins from previous profit and not bother mining it ,,,but most likely hardware will get cheaper ....my brain will have wifi and thousands of pico-meter asics in it- my electricity will be generated through my movement like an automatica wrist watch.. i will just think my money into existence...poor pb he will need to wear a neck brace around to handle the hardware in his head from his one century long contracts
his overhead doesn't always drop though
attractively priced equipment is getting harder to find, for the time being.
if chips advance to a 15 nm process or something, maybe. but if not, diff rise may lessen as fewer buy overpriced equipment.
attractively priced equipment is getting harder to find, for the time being.
if chips advance to a 15 nm process or something, maybe. but if not, diff rise may lessen as fewer buy overpriced equipment.
price, consistent with yield, has actually gone up 61%.
so yield is actually down 61%
as compared to pb price in february, when it was .0107/ghz
so bitcoin out per bitcoin in has dropped drastically
never mind price per ghz, its price per btc yield per time that counts
todays price to equal februarys proportional yield should be about 0.0027btc/ghz
so yield is actually down 61%
as compared to pb price in february, when it was .0107/ghz
so bitcoin out per bitcoin in has dropped drastically
never mind price per ghz, its price per btc yield per time that counts
todays price to equal februarys proportional yield should be about 0.0027btc/ghz
That's correct. If difficulty increases by +15%, price should theoretically go -15%.
yes, just putting out the figures FI
oztusk, we sell hash power for what we determine we can get for it on the market just as any business would. We have remained competitive and still have the best prices available.
Got my first referral, he bought 50Ghs, and now I see another contract in my dashboard showing 5Ghs 
!!! If anyone else want to get in
http://pbmining.com?ref=chinchs
the Price has dropped to 0.0044
!!! If anyone else want to get in http://pbmining.com?ref=chinchs
the Price has dropped to 0.0044
if part of your referral will get a share?
I am interested to join
Got my first referral, he bought 50Ghs, and now I see another contract in my dashboard showing 5Ghs !!! If anyone else want to get in
http://pbmining.com?ref=chinchs
the Price has dropped to 0.0044
!!! If anyone else want to get in http://pbmining.com?ref=chinchs
the Price has dropped to 0.0044
if part of your referral will get a share?
I am interested to join
price, consistent with yield, has actually gone up 61%.
so yield is actually down 61%
as compared to pb price in february, when it was .0107/ghz
so bitcoin out per bitcoin in has dropped drastically
never mind price per ghz, its price per btc yield per time that counts
todays price to equal februarys proportional yield should be about 0.0027btc/ghz
so yield is actually down 61%
as compared to pb price in february, when it was .0107/ghz
so bitcoin out per bitcoin in has dropped drastically
never mind price per ghz, its price per btc yield per time that counts
todays price to equal februarys proportional yield should be about 0.0027btc/ghz
Got my first referral, he bought 50Ghs, and now I see another contract in my dashboard showing 5Ghs !!! If anyone else want to get in
http://pbmining.com?ref=chinchs
the Price has dropped to 0.0044
!!! If anyone else want to get in http://pbmining.com?ref=chinchs
the Price has dropped to 0.0044
look at you, lucky dog!
Got my first referral, he bought 50Ghs, and now I see another contract in my dashboard showing 5Ghs !!! If anyone else want to get in
http://pbmining.com?ref=chinchs
the Price has dropped to 0.0044
!!! If anyone else want to get in http://pbmining.com?ref=chinchs
the Price has dropped to 0.0044
Is there a way to work out what I'm getting per GH on pbmining? What the rate of satoshi is per GH?
Do an effort, maybe? scrool down a few posts, at least
I gave it all away for free, ffshttps://bitcointalksearch.org/topic/m.6957655
you get the calculated rate...
just use calculator @ upper right of page:.. https://bitcoinwisdom.com/bitcoin/difficulty
pb will pay at this rate.
for a nice estimate of return, multiply the weekly yield x ten... its all guesswork and prophecy if you want a more exact figure.
I made a video about PBmining.
How to Mine Bitcoin on the Cloud - PBmining
https://www.youtube.com/watch?v=swnojmlPV2k
http://pbmining.com?ref=kainedamo
Thanks everyone.
How to Mine Bitcoin on the Cloud - PBmining
https://www.youtube.com/watch?v=swnojmlPV2k
http://pbmining.com?ref=kainedamo
Thanks everyone.
It hadn't even occurred to me until rodeoclownicp mentioned it, I've always just thought of it in terms of BTC, ignoring exchange rates, not too worry, just go with the flow, see what happens when it happens
yeah, I don't really care how much it costs in USD, because I look at this as an investment and I think we are all still early in this game. In the end I think it'll all work out in our benefit in the end!
It hadn't even occurred to me until rodeoclownicp mentioned it, I've always just thought of it in terms of BTC, ignoring exchange rates, not too worry, just go with the flow, see what happens when it happens
and that is a good point, What rodeo clown was pointing out is that lets say BTC/USD jumps to say USD$5000 tomorrow, what would the price for contracts do, as it would make them seriously unattractive over buying from someone who charges in USD
Would PB change price accordingly to stay attractive or everyone else will raise their prices accordingly to capitalise on the high BTC price
option 2 would be my guess
Would PB change price accordingly to stay attractive or everyone else will raise their prices accordingly to capitalise on the high BTC price
option 2 would be my guess
So......... I've been with PBmining for a couple months now and have noticed them do the following a couple times now. Beginning of this week the price per GH was 0.0048BTC then we had the BTC value jump, they dropped the price to 0.0046BTC and then on Friday we had the Difficulty increase and they dropped the price again to the current price of 0.0044BTC. No guarantees that it's because of price but sure seemed like that might have something to do with it. Like I said they've done this several times in the past. It would be a complete pain in the ass to chase the value of BTC/USD/CAD and drop the price, due to the fact that the value is fluctuating like crazy all the time as we had a $20USD drop in value over night.
Is there a way to work out what I'm getting per GH on pbmining? What the rate of satoshi is per GH?
Do an effort, maybe? scrool down a few posts, at least
I gave it all away for free, ffshttps://bitcointalksearch.org/topic/m.6957655
Is there a way to work out what I'm getting per GH on pbmining? What the rate of satoshi is per GH?
and that is a good point, What rodeo clown was pointing out is that lets say BTC/USD jumps to say USD$5000 tomorrow, what would the price for contracts do, as it would make them seriously unattractive over buying from someone who charges in USD
Would PB change price accordingly to stay attractive or everyone else will raise their prices accordingly to capitalise on the high BTC price
option 2 would be my guess
Would PB change price accordingly to stay attractive or everyone else will raise their prices accordingly to capitalise on the high BTC price
option 2 would be my guess
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