Author

Topic: PB Mining -- 5 year mining contracts! - page 264. (Read 379008 times)

sr. member
Activity: 327
Merit: 250
March 18, 2014, 10:22:00 AM
think it has to be a new signup to get referral. i already had an acct.
see what pbm says. i believe your link works correctly though.
sr. member
Activity: 434
Merit: 250
March 18, 2014, 10:01:16 AM
Hi, something went wrong with my first (and only maybe lol ) refereel.

(Understanding that´s in Test/Beta , but maybe to find out what went wrong. Not see 0.1 GHS.


http://schirmfoto.de/e523dc3196



User ID 3506


Hey PBMining

I just bought more hashing at piggy back mining  Grin

TX: 90338ac0b6eb406b73bf7455c76de1c63b8c43f986c6636f6b33e5f26ae908c2

can you add this to my prize please!!!


thanks


R

congrats Wink

thanks mate, all good experiences with PB  Grin
sr. member
Activity: 327
Merit: 250
March 18, 2014, 09:59:08 AM
Hi, something went wrong with my first (and only maybe lol ) refereel.

(Understanding that´s in Test/Beta , but maybe to find out what went wrong. Not see 0.1 GHS.


http://schirmfoto.de/e523dc3196



User ID 3506







congrats Wink
[/quote]

my # 1302, i bought the one share he's talking about, just to test his link. i got my share, allright but wonder how he didnt get the 1/10..
im going to try again..
legendary
Activity: 994
Merit: 1000
March 18, 2014, 08:35:42 AM
Hi, something went wrong with my first (and only maybe lol ) refereel.

(Understanding that´s in Test/Beta , but maybe to find out what went wrong. Not see 0.1 GHS.


http://schirmfoto.de/e523dc3196



User ID 3506


Hey PBMining

I just bought more hashing at piggy back mining  Grin

TX: 90338ac0b6eb406b73bf7455c76de1c63b8c43f986c6636f6b33e5f26ae908c2

can you add this to my prize please!!!


thanks


R

congrats Wink
sr. member
Activity: 434
Merit: 250
March 18, 2014, 08:00:11 AM
Hey PBMining

I just bought more hashing at piggy back mining  Grin

TX: 90338ac0b6eb406b73bf7455c76de1c63b8c43f986c6636f6b33e5f26ae908c2

can you add this to my prize please!!!


thanks


R
sr. member
Activity: 327
Merit: 250
March 18, 2014, 04:45:07 AM
aw Shucks!.. im a 62 not 63 Cry
member
Activity: 91
Merit: 10
*bamf!* you've just been eaten by a gr00.
March 18, 2014, 03:58:36 AM
I'm a happy little oinker.
sr. member
Activity: 434
Merit: 250
March 18, 2014, 02:46:57 AM
Happy St. Patricks day, Piggies!

   The giveaway has ended, and our winning numbers are as follows (from left to right of the hash):

  52,27,63,31,19,93,76,63,33,38,63,68

SUPERB!!!! my number came up!!!
and this little piggy keeps hashing, hurrah!!!
newbie
Activity: 13
Merit: 0
March 17, 2014, 09:24:53 PM
Happy St. Patricks day, Piggies!

   The giveaway has ended, and our winning numbers are as follows (from left to right of the hash):

  52,27,63,31,19,93,76,63,33,38,63,68

I really hope some little piggy had #63!  It shows up 3 times!     
   

Congrats piggies!
newbie
Activity: 56
Merit: 0
March 17, 2014, 08:42:56 PM
Do you still sell mining contracts at ebay?
sr. member
Activity: 378
Merit: 250
March 17, 2014, 05:52:17 PM
Stay tuned for the Easter Giveaway!

sr. member
Activity: 378
Merit: 250
March 17, 2014, 05:51:48 PM
Happy St. Patricks day, Piggies!

   The giveaway has ended, and our winning numbers are as follows (from left to right of the hash):

  52,27,63,31,19,93,76,63,33,38,63,68

I really hope some little piggy had #63!  It shows up 3 times!     
   
This time the claiming process is a little bit different.  All winners who have entered the giveaway contest must PM me (no e-mail please)!  There is no deadline.  As long as you have posted in this thread and your
winning numbers match, you will be given a hefty 5GH/s contract with PB Mining! 

You will need to provide the following information within your PM:
1. If you are a current user, please provide your customer #.  This can be found by clicking "Your profile" on the side menu at pbmining.com
2. If you have not registered on our site yet, you will need to do that first!  After registration, PM me with your customer #.
3. For a 10% bonus, please provide a direct link to your entry in this thread.  It would save us a lot of time! 

Here is the conversion chart just in case the big bad wolf ate your entry #:

newbie
Activity: 13
Merit: 0
March 17, 2014, 05:28:36 PM
The following users will be skipped during todays payout because they signed up with invalid payout addresses.  Your funds will be on hold until you can provide a valid one.  Don't worry, your bitcoins won't go anywhere -- but if you notice your Customer # on this list then please e-mail [email protected] ASAP so that we can pay your balance!  Smiley

485
1027
1177
1236
1423
1449
2858
3157
3281
3294
3401
3411
3421
3699
3718
3785
3807

We will do everything we can to contact you during the next week.  Thank you.

Email sent

Thanks
sr. member
Activity: 327
Merit: 250
March 17, 2014, 04:39:53 PM
as far as the accountant or financier goes, i think yes, because this looks like a typical business/banking type of decision that i think has been solved many times before by people who do nothing but think about money, which thank god i dont. i can almost swear that iv'e seen it somewhere before, or close to it.
i have a great deal of interest in distributed computational power and that is a major driving force for me.. computers.
that keeps me interested enough that i dont mind messing around with making a little extra money, its comes in handy because as you say, i am not rich, maybe even poor.
sr. member
Activity: 327
Merit: 250
March 17, 2014, 04:22:49 PM
IDK  [i dont know]...
maybe because im not a new customer,
maybe because i i skipped the sign up since im already a customer.
maybe some other reason.
but your refferral went correctly to the reffered url when i clicked the link.
it was a test though, and any result is significant, so it served its purpose.
ill point it out to pbm when im not so tired.
i know that the referral system works, because i got some from people.
so, we'll figure it out.
legendary
Activity: 994
Merit: 1000
March 17, 2014, 03:47:03 PM
Im not always right, so i want to do some thinking.
Iguess neither of us are financeiers.. ill bet an accountant could answer our question in about two seconds, and then charge us a couple hundred, of course. Grin

No even the accountant, because he can not see in future same we do. (and i guess we have some very experienced ppl in this forum also)

There are so many factors (btc value at given time, difficult level adjustments ,upcoming mega-hardware) to keep in mind.


oztusk: Not see a refereel and 0.1 GH/S should that name also show up under:

Your piggies:?

The refereel system is in Testing (beta) phase, maybe not working properly or appears later u guess.

PS: How do you make your own btc adress with some own letters in front of it? In the QT Wallet or?

PSS: What happends exactly after 5 years (not that long time frame) ? The GH/s mining contract free then (could sell if i want/can do it like on a exchange) or is then automaticly 5 years more?
legendary
Activity: 994
Merit: 1000
March 17, 2014, 03:35:36 PM
A lot to learn here, i see Smiley

Glad some liked my suggention with this automatic "re-investment" plan.

Is it necessary? I think not.
Does it save money and time? i think yes.

There of course should be also options to choose if someone likes to re-invest his money. re/invest = yes/no , not buy for more than 0.008 etc
(just examples)

It´s my understanding that there is not always avaibable GHS to buy also.

sr. member
Activity: 327
Merit: 250
March 17, 2014, 02:58:02 PM
"Also, what i believe matters most, is buying GHS at the nearest opportunity of a price drop after a difficult y increase"

THAT i understand, i made the same determination myself....

If i get enough to buy enough to get more than enough to buy enough the next time.
lets get back to it tomorrow. its getting interesting.
Im not always right, so i want to do some thinking.
Iguess neither of us are financeiers.. ill bet an accountant could answer our question in about two seconds, and then charge us a couple hundred, of course. Grin
sr. member
Activity: 327
Merit: 250
March 17, 2014, 02:43:40 PM
so all you get is a lesser price on some more shares, but are those shares going to be enough to boost your yield to its original amount or more? Because if not,
then continual reinvestment of all of your yield can only have one result...  The complete dissappearence  of ALL of your funds, eventually.

not reinvesting any of your yield will result in the yield diminishing to nil over time, but its sum over time Might return your investment, might not, or might make you more than it cost you.

Just keeping track of how much you are getting back per week can save you that one mistake.
If you calculate what a single reinvestment would return if you bought it first, then decide based upon that.
there is more to it but not right now.
I hope it works out on the positive side. Grin Grin Grin
newbie
Activity: 58
Merit: 0
March 17, 2014, 02:33:51 PM
When you think about 'reinvesting' with bitcoin mining you should calculate carefully that the yield after reinvesting will actually be more than the yield you were getting initially.
Because of the difficulty changes.
Just to be absolutely sure your principal stake is not actually slowly shrinking.
This gets confusing, at least for me.
Just pointing something out to you. Might be important.

Oh, hey, i make big mathematical errors sometimes, so try to double check anything i say before you act on any of it.


My understanding is that the date at which you invest is irrelevant, as the price drops in proportion to the increase in difficulty.

E.g. - 20% increase in difficulty, 20% decrease in price.

Due to this direct proportionality, i'm not certain that your ROI(%) should ever change? Except with a change in block payout?

I believe you missed the concept.
placing all of your return into the purchase of additional shares might not increase your return to its original amount.
Because difficulty usually increases.


"20% increase in difficulty, 20% decrease in price."
True but did you forget something?
Your holdings at that time are not automatically increased by 20%!
That would be nice, same payout/return forever. Unfortunately not. Grin

I hope i can get the point across, i would hate to see anybody miss it.
i ran the math actually, but not very carefully. so im not sure which way it goes.
repeated iterations of simple formulae became tedious, so ive dug up an emulator for a good programmable scientific calculator.
[ti-86 the best i know] my second and last ti-86 became inoperable, and so of course i got rid of it,... along with the instruction manual lol Grin
its been a few years so it's taking awhile to remember the correct syntax, etc.


 

No, i understand completely, im just saying that because the difficulty increases 20% and the price decreases, doesn't your ROI in terms of percentage remain constant? Assuming a constant GHS rate and block reward of course.

Also, what i believe matters most, is buying GHS at the nearest opportunity of a price drop after a difficult y increase.
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