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Topic: PB Mining -- 5 year mining contracts! - page 47. (Read 378917 times)

hero member
Activity: 1022
Merit: 500
December 05, 2014, 09:40:04 PM
just one question: they mine or not?  Grin

I would like to know what return a GHS bought at 0.0041BTC on January 14 has produced so far.
legendary
Activity: 2282
Merit: 1035
December 05, 2014, 09:28:56 PM
just one question: they mine or not?  Grin
hero member
Activity: 532
Merit: 500
December 05, 2014, 08:19:30 PM
I think it is cheaper to buy BTC directly than purchasing GH/s. The benefit of buying BTCs: You get it instantly without waiting many many weeks or months. Plus you can start a business like PBMining: Fake Mining as a ponzi.

Says BTCMINER  Grin
legendary
Activity: 994
Merit: 1000
December 05, 2014, 07:33:17 PM


The total hash rate of PBMining customers is currently at 4284 Th/s


How do you know?


Written at the top of their website.

It´s for days (think over a week) at 4284.

Think it´s updated manuelly and not automaticly and we are likely looking at way over 5000 now.
legendary
Activity: 2226
Merit: 1052
December 05, 2014, 06:57:11 PM


The total hash rate of PBMining customers is currently at 4284 Th/s


How do you know?


Written at the top of their website.
legendary
Activity: 994
Merit: 1000
December 05, 2014, 06:40:27 PM


The total hash rate of PBMining customers is currently at 4284 Th/s


How do you know?
hero member
Activity: 616
Merit: 500
December 05, 2014, 06:15:27 PM
Current price is now at 0.0016 BTC/GHs

So, from now on it this is the most expensive cloud mining provider at the moment.

Oh well, that´s how it goes

increased demand leads to higher prices.

And of course the extremely consistent and reliable service will fetch
a certain premium I guess.

LOL  Cheesy Grin Roll Eyes
Are you kidding?

The amount of BTC you can mine per 1 GH/s is approximately about BTC 0.0008 BTC to BTC 0.0010 BTC and some Satoshis in 12 months.

Reliable service? LOL. PBMining had not paid about 14 % (or 1 day) of mined BTC amount. The total hash rate of PBMining customers is currently at 4284 Th/s. This means they mined BTC 376.9586+ BTC. They cut the mined BTC amount (-14% and more). So, PBMining was stealing BTC 52.77419 BTC.

Oh, it´s 12 months now. That´s improvement.
full member
Activity: 210
Merit: 100
December 05, 2014, 06:13:57 PM
I think it is cheaper to buy BTC directly than purchasing GH/s. The benefit of buying BTCs: You get it instantly without waiting many many weeks or months. Plus you can start a business like PBMining: Fake Mining as a ponzi.
hero member
Activity: 616
Merit: 500
December 05, 2014, 06:08:26 PM
The Zeros: Don't Push Me Around

https://www.youtube.com/watch?v=ZrgVDwHXGYo
hero member
Activity: 1022
Merit: 500
December 05, 2014, 06:03:01 PM
Current price is now at 0.0016 BTC/GHs

So, from now on it this is the most expensive cloud mining provider at the moment.

Oh well, that´s how it goes

increased demand leads to higher prices.

LOL  Cheesy Grin Roll Eyes
Are you kidding?

The amount of BTC you can mine per 1 GH/s is approximately about 0.0008 BTC to 0.0010 BTC and some Satoshis.


If the difficulty doesn't go up too fast you could mine 0.0015-0.002/GHS, it all depends of how fast the difficulty will rise and when.
hero member
Activity: 616
Merit: 500
December 05, 2014, 05:46:31 PM
Current price is now at 0.0016 BTC/GHs

So, from now on it this is the most expensive cloud mining provider at the moment.

Oh well, that´s how it goes

increased demand leads to higher prices.

LOL  Cheesy Grin Roll Eyes
Are you kidding?

The amount of BTC you can mine per 1 GH/s is approximately about 0.0008 BTC to 0.0010 BTC and some Satoshis.


Nonsense. Better check your zeros.
full member
Activity: 210
Merit: 100
December 05, 2014, 05:41:03 PM
Current price is now at 0.0016 BTC/GHs

So, from now on it this is the most expensive cloud mining provider at the moment.

Oh well, that´s how it goes

increased demand leads to higher prices.

And of course the extremely consistent and reliable service will fetch
a certain premium I guess.

LOL  Cheesy Grin Roll Eyes
Are you kidding?

The amount of BTC you can mine per 1 GH/s is approximately about BTC 0.0008 BTC to BTC 0.0010 BTC and some Satoshis in 12 months.

Reliable service? LOL. PBMining had not paid about 14 % (or 1 day) of mined BTC amount. The total hash rate of PBMining customers is currently at 4284 Th/s. This means they mined BTC 376.9586+ BTC. They cut the mined BTC amount (-14% and more). So, PBMining was stealing BTC 52.77419 BTC.
full member
Activity: 172
Merit: 100
December 05, 2014, 03:52:59 PM
Does anyone know where this company is actually registered,highly unlikely in the US.If its outside the US as I suspect then it is really impossible to sue or at least way too costly for most people.
https://drive.google.com/file/d/0B-h65PZOjaekYlpNLTBSMGhvYms/view

MrTeal, you are awesome. ^^
legendary
Activity: 3878
Merit: 1193
December 05, 2014, 03:42:16 PM
Oh well, that´s how it goes

increased demand leads to higher prices.

And of course the extremely consistent and reliable service will fetch
a certain premium I guess.

You mean paying out lower than promised payouts? You call that reliable?
legendary
Activity: 1274
Merit: 1004
December 05, 2014, 03:38:48 PM
Does anyone know where this company is actually registered,highly unlikely in the US.If its outside the US as I suspect then it is really impossible to sue or at least way too costly for most people.
https://drive.google.com/file/d/0B-h65PZOjaekYlpNLTBSMGhvYms/view
hero member
Activity: 756
Merit: 500
December 05, 2014, 03:24:03 PM
Does anyone know where this company is actually registered,highly unlikely in the US.If its outside the US as I suspect then it is really impossible to sue or at least way too costly for most people.
legendary
Activity: 1274
Merit: 1004
December 05, 2014, 03:16:54 PM
Oh, Im not saying he cant afford to keep paying for quite some time, certainly if you take in to account an arbitrary fee. Question is: how long will he want to keep paying (anything more than a token div) if he is no longer collecting any sales? My guess is,  that he is panicking now that you called him out and probably weighing his options.  He'd be unwise to rush a decision, so Id expect him to pay on sunday, pending legal advice.  That will probably consist of pack your bags and run to Costa Rica.

Oh, I was mostly being facetious there. The one number is correct though, there is at least BTC1300 floating around in his possession since the last div that he hasn't paid out to his victims on top of whatever else he's squirreled away over the last year. There's a lot of way this could play out, so I'm not taking any bets on what will happen next. He could just dissappear, he could start ratcheting down divs and hope people get worn out and lose the will to actually sue, he might actually retain a lawyer and ask for advice, who knows? It will be interesting however it plays out.
At least for now more people aren't feeding the beast.
sr. member
Activity: 430
Merit: 500
December 05, 2014, 03:14:37 PM
I don't know if this helps but here is a PM from pbmining from the quite begining

Quote
PBmining
Your referrals
« Sent to: jseppeli on: February 18, 2014, 04:17:29 PM »
« You have forwarded or responded to this message. »
I notice that you are bringing in a massive amount of traffic.  This is great, and it looks like it is working out good for you.  However, we are currently experiencing issues with our server not being able to keep up.  My web developer is currently in the process of "splitting" my web site onto different hosts.  I kindly ask you, if it is possible, to pull most of your ads off for at least a week to allow the dust to settle so that we can have a chance to expand our resources.  I never thought i would have to ask someone this, but I hope you understand.  
Report To Admin

This was when pbmining was new to me (customer #97) and I started to advertise pbmining,
I would say that if this was a real ponzi they would not have asked me to stop bringing in money.
They would just been happy when someone brings in new customers and more BTC.

Read what he wrote. Did he say 'we cant provide or accommodate the hashrate' ?  No, he had a problem with his crappy website stats and/or payout system. That just shows the level of incompetence you are dealing with here, nothing else. Oh and that he didnt expect that number of sales, which in a real cloud mining company would cause capacity problems elsewhere than on the stats page.

From my experience from the quite beginning there has been quite a lot of times there has been no hash available. In the beginning it was quite often and a couple of times for almost 2 weeks.
sr. member
Activity: 434
Merit: 250
December 05, 2014, 03:11:10 PM
Degree in Photography as a Science here. I'm totally crazy for having still been able to work as a freelance, running a very successful business for over 17 years.

Just a nutcase nobody i guess :/
hero member
Activity: 756
Merit: 500
December 05, 2014, 03:07:16 PM
Well they say people with a Phd. in Quantum Chaos are crazy so yes you might be right lol
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