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Topic: PB Mining -- 5 year mining contracts! - page 189. (Read 378921 times)

sr. member
Activity: 378
Merit: 250
Payment received at payday  Cool
seems price drop again, time to buy more GHS Grin
The steep rise in difficulty is getting less steep. End of last year 50% in a month wasn't strange (100% even in one month!). When using calculators to see an estimate of income in mining hashes I already set the difficulty jump to 20%, later even to 15%, but now I think an estimate of 12% average would get more realistic numbers. Which is nice, cause it means the hashes you buy will be profitable a bit longer. Too bad PB ran out though, and so quickly after the new price  Wink

Could we speculate that less people are mining BTC, like big players switching over from btc to buy big Scrypt asics and thus diff lowering?

I think, more realistically, the impact of dropping a 5TB miner onto the network is being lessened. As the difficulty goes up, old ASIC's (and any remaining GPU's) are being retired for more power efficient ASIC's (newer arch - 22nm, 28nm, etc).

*PS* App is submit to Apple for approval. Let's see if they ok it.
Android: https://play.google.com/store/apps/details?id=com.coniform.pbmin
iOS: ETA - June 12th, 2014
wow i never think that will be a pbmining apk for android
thanks for your effort Cool
sr. member
Activity: 305
Merit: 250
The steep rise in difficulty is getting less steep. End of last year 50% in a month wasn't strange (100% even in one month!). When using calculators to see an estimate of income in mining hashes I already set the difficulty jump to 20%, later even to 15%, but now I think an estimate of 12% average would get more realistic numbers. Which is nice, cause it means the hashes you buy will be profitable a bit longer. Too bad PB ran out though, and so quickly after the new price  Wink

Could we speculate that less people are mining BTC, like big players switching over from btc to buy big Scrypt asics and thus diff lowering?

I think, more realistically, the impact of dropping a 5TB miner onto the network is being lessened. As the difficulty goes up, old ASIC's (and any remaining GPU's) are being retired for more power efficient ASIC's (newer arch - 22nm, 28nm, etc).

*PS* App is submit to Apple for approval. Let's see if they ok it.
Android: https://play.google.com/store/apps/details?id=com.coniform.pbmin
iOS: ETA - June 12th, 2014


i understand that, your app doesnot need any login / pass to operate? to check our data

None. Just your customer ID. All the data I get is publicly available.

If an API get's integrated, I would consider doing that, but at the moment the only way to log in would be to send data to my server. I would not be comfortable to have that occur (and I'm assuming neither would the avg user).
hero member
Activity: 840
Merit: 1000
The steep rise in difficulty is getting less steep. End of last year 50% in a month wasn't strange (100% even in one month!). When using calculators to see an estimate of income in mining hashes I already set the difficulty jump to 20%, later even to 15%, but now I think an estimate of 12% average would get more realistic numbers. Which is nice, cause it means the hashes you buy will be profitable a bit longer. Too bad PB ran out though, and so quickly after the new price  Wink

Could we speculate that less people are mining BTC, like big players switching over from btc to buy big Scrypt asics and thus diff lowering?

I think, more realistically, the impact of dropping a 5TB miner onto the network is being lessened. As the difficulty goes up, old ASIC's (and any remaining GPU's) are being retired for more power efficient ASIC's (newer arch - 22nm, 28nm, etc).

*PS* App is submit to Apple for approval. Let's see if they ok it.
Android: https://play.google.com/store/apps/details?id=com.coniform.pbmin
iOS: ETA - June 12th, 2014


i understand that, your app doesnot need any login / pass to operate? to check our data
hero member
Activity: 657
Merit: 500
MΣC
The truth is somewhere in the middle I think. The difficulty now is so high that to increase it you'll need an exponentially growing amount of hashrate. Simply said: the impact of new hardware released onto the blockchain is getting less. And yes, older mining equipment leaving the scene as well.

I dont believe scrypt asics will have much impac on the mining habits of bitcoin miners though. I rather believe some miners simply add one or more scrypt asics to their collection. A minority (with outdated miners) might switch, but their hashrate is minimal already.


OH! I like the app, btw! Checked it a dozen times today Cheesy
sr. member
Activity: 305
Merit: 250
The steep rise in difficulty is getting less steep. End of last year 50% in a month wasn't strange (100% even in one month!). When using calculators to see an estimate of income in mining hashes I already set the difficulty jump to 20%, later even to 15%, but now I think an estimate of 12% average would get more realistic numbers. Which is nice, cause it means the hashes you buy will be profitable a bit longer. Too bad PB ran out though, and so quickly after the new price  Wink

Could we speculate that less people are mining BTC, like big players switching over from btc to buy big Scrypt asics and thus diff lowering?

I think, more realistically, the impact of dropping a 5TB miner onto the network is being lessened. As the difficulty goes up, old ASIC's (and any remaining GPU's) are being retired for more power efficient ASIC's (newer arch - 22nm, 28nm, etc).

*PS* App is submit to Apple for approval. Let's see if they ok it.
Android: https://play.google.com/store/apps/details?id=com.coniform.pbmin
iOS: ETA - June 12th, 2014
sr. member
Activity: 308
Merit: 250
The steep rise in difficulty is getting less steep. End of last year 50% in a month wasn't strange (100% even in one month!). When using calculators to see an estimate of income in mining hashes I already set the difficulty jump to 20%, later even to 15%, but now I think an estimate of 12% average would get more realistic numbers. Which is nice, cause it means the hashes you buy will be profitable a bit longer. Too bad PB ran out though, and so quickly after the new price  Wink

Could we speculate that less people are mining BTC, like big players switching over from btc to buy big Scrypt asics and thus diff lowering?
hero member
Activity: 840
Merit: 1000
Too bad is sold out! the page should have a reserve option... or at least a message when more hashpower is available...

i agree, maybe when the new haspower available, pbmining can send an automated email to us.
hero member
Activity: 784
Merit: 1000
Too bad is sold out! the page should have a reserve option... or at least a message when more hashpower is available...
hero member
Activity: 657
Merit: 500
MΣC
The steep rise in difficulty is getting less steep. End of last year 50% in a month wasn't strange (100% even in one month!). When using calculators to see an estimate of income in mining hashes I already set the difficulty jump to 20%, later even to 15%, but now I think an estimate of 12% average would get more realistic numbers. Which is nice, cause it means the hashes you buy will be profitable a bit longer. Too bad PB ran out though, and so quickly after the new price  Wink
hero member
Activity: 840
Merit: 1000
new gigahashes just started for sale  Grin


lol again all sold out
legendary
Activity: 1134
Merit: 1000
Go ahead people. NEW PRICE.  Smiley
hero member
Activity: 840
Merit: 1000
new gigahashes just started for sale  Grin
legendary
Activity: 1512
Merit: 1011
received payday again Grin
thanks pbmining
so we will see drop price after next difficulty increase
time to buy contract again

its just happened diff is now at 8,8m
only 10% increase? that is great news Grin
we can earn more BTC from mining in next week


Awesome, only a 10% increase. Nice to see difficulty going up more slowly.
yeah agree Grin
20-25% increasing for 12 days was crazy, i hope we won't see 20% increase anymore
and i think all of pbmining's investor here agree with me
hero member
Activity: 798
Merit: 1000
received payday again Grin
thanks pbmining
so we will see drop price after next difficulty increase
time to buy contract again

its just happened diff is now at 8,8m

Awesome, only a 10% increase. Nice to see difficulty going up more slowly.
sr. member
Activity: 300
Merit: 250
why is buying disabled again?

Because everything is sold out.

pbmining wrote that someone is sending false amounts of payment to them thas why they disabled it at first. and they got plenty of GH to sell ....

to bad i did not buy yesterday....
sr. member
Activity: 300
Merit: 250
received payday again Grin
thanks pbmining
so we will see drop price after next difficulty increase
time to buy contract again

its just happened diff is now at 8,8m
hero member
Activity: 798
Merit: 1000
why is buying disabled again?

Because everything is sold out.
legendary
Activity: 1512
Merit: 1011
received payday again Grin
thanks pbmining
so we will see drop price after next difficulty increase
time to buy contract again
sr. member
Activity: 300
Merit: 250
why is buying disabled again?
legendary
Activity: 1036
Merit: 1000
Thanks for the payment.  As usual!
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