Author

Topic: PB Mining -- 5 year mining contracts! - page 209. (Read 378921 times)

full member
Activity: 191
Merit: 100
April 19, 2014, 04:43:55 PM
Tomorrow we know the 20 Ghs winners...am I right??
Happy Easter everybody  Smiley
Yup! I have high hopes. Smiley

I hope number 43 is one of the lucky numbers...mayby more than once  Cheesy
full member
Activity: 224
Merit: 101
April 19, 2014, 04:31:10 PM
Tomorrow we know the 20 Ghs winners...am I right??
Happy Easter everybody  Smiley
Yup! I have high hopes. Smiley
full member
Activity: 191
Merit: 100
April 19, 2014, 04:19:16 PM
Tomorrow we know the 20 Ghs winners...am I right??
Happy Easter everybody  Smiley
hero member
Activity: 546
Merit: 500
AKA The Rubber Monkey
April 19, 2014, 01:31:24 PM
to ascertain the true rise/fall in bitcoin difficulty, you don't need a calculator, you need a mind capable of prophesy.
There are so many factors which could make difficulty rise as well as fall. what if people realised that their 130nm rigs were no longer paying as much as they were costing - funny thing - it's time to switch off for lots of folks, but nobody does!?
what if the KnC datorhall fell through a crack in the earth (that would be nice)
what if?
what if?
what if?
ask me again in ~8 days and i'll give you as close an answer as I can to what the next difficulty change will be. That's the best anyone can do. get over it... move on...  anyone running old 130nm rigs, and criticising PBMining that they won't make break-even are just as guilty of maintaining idiosyncrasies as those who don't understand - DON'T PAY OUT MORE THAN YOU CAN AFFORD TO LOSE - Cloud Hashing, or Mining Rig.

+1
full member
Activity: 224
Merit: 101
April 19, 2014, 11:55:10 AM
I personally don´t care any calculators , because they can not see in future same me. Magic Glass Ball not working.

"es kommt wie es kommt" (engl: It´s comming as it´s coming - or something like that )

so am i.

I am just looking profits, just coming to my wallet, and it is pretty good, with no extra fees..

1 ghs pays exactly what it must. no extra costs.
Doesn't it take huge amounts of times to break even though?
hero member
Activity: 840
Merit: 1000
April 19, 2014, 08:23:05 AM
hey pbmining

Can you put a rank number,before our names, in global stats page, so we can see our position from top, according to the total number of ghs we have. Cause i really enjoy when my customer number increases in global stats page.

For example, i have 1000 ghs , and i am at rank 30 out of 10000 customers likewise.
hero member
Activity: 840
Merit: 1000
April 19, 2014, 12:30:49 AM
I personally don´t care any calculators , because they can not see in future same me. Magic Glass Ball not working.

"es kommt wie es kommt" (engl: It´s comming as it´s coming - or something like that )

so am i.

I am just looking profits, just coming to my wallet, and it is pretty good, with no extra fees..

1 ghs pays exactly what it must. no extra costs.
legendary
Activity: 994
Merit: 1000
April 18, 2014, 09:42:44 PM
I personally don´t care any calculators , because they can not see in future same me. Magic Glass Ball not working.

"es kommt wie es kommt" (engl: It´s comming as it´s coming - or something like that )
sr. member
Activity: 434
Merit: 250
April 18, 2014, 09:33:38 PM
I'm a customer, and I will say this, though their service is probably the best, you cannot ROI anymore. All those front page mining calculators do not take in the Difficulty increase over time, so they produce false results. You could go and try looking for a different solution really, just not SHA256. My opinion thought, your bitcoins and your choice in the end.

I didn't even know there were BTC profitability calculators WITHOUT the ability to project difficulty increases in your calculations.  Most calculators have this and the "default" number is normally set between 20-30%.

Here's a proper one : https://bitcoinwisdom.com/bitcoin/calculator

I could be misunderstanding you so please correct me if Im wrong.  You originally talked about bitcoin calculators produce false results because they dont take in to account difficulty increasing over time.  You then posted a calculator that takes in to account difficulty increasing over time. 

Yes. And?

quality response. respect. Cheesy
Haha, indeed. I've personally only seen calculators that include the increasing difficulty, altho I've never been able to change that value because I don't really know what it means ( embarrassed to admit it but it's the truth ). But I suppose the pre-set is accurate enough.

I personally find this the best and simplest calculator: http://www.alloscomp.com/bitcoin/calculator
No settings, just type in your hashrate, and it will tell you how much you mine at current difficulty, and the estimated next. No calculating anymore.
Yeah I've used that one before, it's quite good. I like simplistic layouts so it definitely gets a plus for that.

to ascertain the true rise/fall in bitcoin difficulty, you don't need a calculator, you need a mind capable of prophesy.
There are so many factors which could make difficulty rise as well as fall. what if people realised that their 130nm rigs were no longer paying as much as they were costing - funny thing - it's time to switch off for lots of folks, but nobody does!?
what if the KnC datorhall fell through a crack in the earth (that would be nice)
what if?
what if?
what if?
ask me again in ~8 days and i'll give you as close an answer as I can to what the next difficulty change will be. That's the best anyone can do. get over it... move on...  anyone running old 130nm rigs, and criticising PBMining that they won't make break-even are just as guilty of maintaining idiosyncrasies as those who don't understand - DON'T PAY OUT MORE THAN YOU CAN AFFORD TO LOSE - Cloud Hashing, or Mining Rig.
full member
Activity: 224
Merit: 101
April 18, 2014, 06:58:10 PM
I'm a customer, and I will say this, though their service is probably the best, you cannot ROI anymore. All those front page mining calculators do not take in the Difficulty increase over time, so they produce false results. You could go and try looking for a different solution really, just not SHA256. My opinion thought, your bitcoins and your choice in the end.

I didn't even know there were BTC profitability calculators WITHOUT the ability to project difficulty increases in your calculations.  Most calculators have this and the "default" number is normally set between 20-30%.

Here's a proper one : https://bitcoinwisdom.com/bitcoin/calculator

I could be misunderstanding you so please correct me if Im wrong.  You originally talked about bitcoin calculators produce false results because they dont take in to account difficulty increasing over time.  You then posted a calculator that takes in to account difficulty increasing over time. 

Yes. And?

quality response. respect. Cheesy
Haha, indeed. I've personally only seen calculators that include the increasing difficulty, altho I've never been able to change that value because I don't really know what it means ( embarrassed to admit it but it's the truth ). But I suppose the pre-set is accurate enough.

I personally find this the best and simplest calculator: http://www.alloscomp.com/bitcoin/calculator
No settings, just type in your hashrate, and it will tell you how much you mine at current difficulty, and the estimated next. No calculating anymore.
Yeah I've used that one before, it's quite good. I like simplistic layouts so it definitely gets a plus for that.
hero member
Activity: 798
Merit: 1000
April 18, 2014, 06:55:30 PM
I'm a customer, and I will say this, though their service is probably the best, you cannot ROI anymore. All those front page mining calculators do not take in the Difficulty increase over time, so they produce false results. You could go and try looking for a different solution really, just not SHA256. My opinion thought, your bitcoins and your choice in the end.

I didn't even know there were BTC profitability calculators WITHOUT the ability to project difficulty increases in your calculations.  Most calculators have this and the "default" number is normally set between 20-30%.

Here's a proper one : https://bitcoinwisdom.com/bitcoin/calculator

I could be misunderstanding you so please correct me if Im wrong.  You originally talked about bitcoin calculators produce false results because they dont take in to account difficulty increasing over time.  You then posted a calculator that takes in to account difficulty increasing over time. 

Yes. And?

quality response. respect. Cheesy
Haha, indeed. I've personally only seen calculators that include the increasing difficulty, altho I've never been able to change that value because I don't really know what it means ( embarrassed to admit it but it's the truth ). But I suppose the pre-set is accurate enough.

I personally find this the best and simplest calculator: http://www.alloscomp.com/bitcoin/calculator
No settings, just type in your hashrate, and it will tell you how much you mine at current difficulty, and the estimated next. No calculating anymore.
full member
Activity: 224
Merit: 101
April 18, 2014, 06:32:53 PM
I'm a customer, and I will say this, though their service is probably the best, you cannot ROI anymore. All those front page mining calculators do not take in the Difficulty increase over time, so they produce false results. You could go and try looking for a different solution really, just not SHA256. My opinion thought, your bitcoins and your choice in the end.

I didn't even know there were BTC profitability calculators WITHOUT the ability to project difficulty increases in your calculations.  Most calculators have this and the "default" number is normally set between 20-30%.

Here's a proper one : https://bitcoinwisdom.com/bitcoin/calculator

I could be misunderstanding you so please correct me if Im wrong.  You originally talked about bitcoin calculators produce false results because they dont take in to account difficulty increasing over time.  You then posted a calculator that takes in to account difficulty increasing over time. 

Yes. And?

quality response. respect. Cheesy
Haha, indeed. I've personally only seen calculators that include the increasing difficulty, altho I've never been able to change that value because I don't really know what it means ( embarrassed to admit it but it's the truth ). But I suppose the pre-set is accurate enough.
sr. member
Activity: 434
Merit: 250
April 18, 2014, 03:53:59 PM
I'm a customer, and I will say this, though their service is probably the best, you cannot ROI anymore. All those front page mining calculators do not take in the Difficulty increase over time, so they produce false results. You could go and try looking for a different solution really, just not SHA256. My opinion thought, your bitcoins and your choice in the end.

I didn't even know there were BTC profitability calculators WITHOUT the ability to project difficulty increases in your calculations.  Most calculators have this and the "default" number is normally set between 20-30%.

Here's a proper one : https://bitcoinwisdom.com/bitcoin/calculator

I could be misunderstanding you so please correct me if Im wrong.  You originally talked about bitcoin calculators produce false results because they dont take in to account difficulty increasing over time.  You then posted a calculator that takes in to account difficulty increasing over time. 

Yes. And?

quality response. respect. Cheesy
hero member
Activity: 798
Merit: 1000
April 18, 2014, 03:48:11 PM
I'm a customer, and I will say this, though their service is probably the best, you cannot ROI anymore. All those front page mining calculators do not take in the Difficulty increase over time, so they produce false results. You could go and try looking for a different solution really, just not SHA256. My opinion thought, your bitcoins and your choice in the end.

I didn't even know there were BTC profitability calculators WITHOUT the ability to project difficulty increases in your calculations.  Most calculators have this and the "default" number is normally set between 20-30%.

Here's a proper one : https://bitcoinwisdom.com/bitcoin/calculator

I could be misunderstanding you so please correct me if Im wrong.  You originally talked about bitcoin calculators produce false results because they dont take in to account difficulty increasing over time.  You then posted a calculator that takes in to account difficulty increasing over time. 

Yes. And?
member
Activity: 112
Merit: 10
April 18, 2014, 01:57:20 PM
I'm a customer, and I will say this, though their service is probably the best, you cannot ROI anymore. All those front page mining calculators do not take in the Difficulty increase over time, so they produce false results. You could go and try looking for a different solution really, just not SHA256. My opinion thought, your bitcoins and your choice in the end.

I didn't even know there were BTC profitability calculators WITHOUT the ability to project difficulty increases in your calculations.  Most calculators have this and the "default" number is normally set between 20-30%.

Here's a proper one : https://bitcoinwisdom.com/bitcoin/calculator

I could be misunderstanding you so please correct me if Im wrong.  You originally talked about bitcoin calculators produce false results because they dont take in to account difficulty increasing over time.  You then posted a calculator that takes in to account difficulty increasing over time. 
sr. member
Activity: 378
Merit: 250
April 18, 2014, 10:49:41 AM
There has even been a couple recent difficulty changes that look promising, and may be a sign of a slowdown of growth.  11% on March 13th and 14% yesterday were good signs that mining might become very profitable again.  Only time will tell.  I always encourage customers to look at all possible scenarios, and to determine their own limits of risk..  
hero member
Activity: 506
Merit: 500
April 18, 2014, 10:43:10 AM
I didn't even know there were BTC profitability calculators WITHOUT the ability to project difficulty increases in your calculations.  Most calculators have this and the "default" number is normally set between 20-30%.

Given the low price of Bitcoin, I dont think 20-30% steady increase is possible. If the Bitcoin fall in price even more this year, decrease in difficulty is possible
legendary
Activity: 1736
Merit: 1001
April 18, 2014, 10:39:59 AM
2. Because there are people who want to bring us down.  All I will add to that is big players in their earliest stages need to be careful what pool they mine in.  We don't have any reason to do anything differently than what we're doing.  No matter what anyone thinks they know, there is risk when you are in our shoes.

I am not trolling in any way. I am just curious about this on a technical standpoint. Let's say that you are mining on a pool and you disclose which hardware you use and which pool you are using. How can this affect your security? The pool will pay a BTC address, which is anonymous per se. The pool may log your IP but you can protect yourself behind a VPN. How can people damage you?

Again, I am just interested in the technicalities behind this. I have invested in PBMining and I will continue investing.

+1
legendary
Activity: 924
Merit: 1000
April 18, 2014, 10:32:31 AM
I'm a customer, and I will say this, though their service is probably the best, you cannot ROI anymore. All those front page mining calculators do not take in the Difficulty increase over time, so they produce false results. You could go and try looking for a different solution really, just not SHA256. My opinion thought, your bitcoins and your choice in the end.

I didn't even know there were BTC profitability calculators WITHOUT the ability to project difficulty increases in your calculations.  Most calculators have this and the "default" number is normally set between 20-30%.

Some of the cheaper profitability calculators do not especially ones that come built into these cloud mining websites. It is essentially false advertising since they assume difficulty does not increase but that is probably how they get more "customers" into buying 1-2 year contracts.
sr. member
Activity: 252
Merit: 250
April 18, 2014, 10:32:19 AM
I'm a customer, and I will say this, though their service is probably the best, you cannot ROI anymore. All those front page mining calculators do not take in the Difficulty increase over time, so they produce false results. You could go and try looking for a different solution really, just not SHA256. My opinion thought, your bitcoins and your choice in the end.

I didn't even know there were BTC profitability calculators WITHOUT the ability to project difficulty increases in your calculations.  Most calculators have this and the "default" number is normally set between 20-30%.

Here's a proper one : https://bitcoinwisdom.com/bitcoin/calculator
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