PB Mining -- 5 year mining contracts! - page 53.

Mabsark

legendary

Activity: 826

Merit: 1004

Quote from: SpanishSoldier on December 04, 2014, 07:55:07 PM

Quote from: Mabsark on December 04, 2014, 07:54:04 PM

Quote from: PBmining on December 04, 2014, 07:49:57 PM

A - B = C

So, what do A, B and C represent?

Why dont u ask this to AM hash ?

AMHash have already provided that information:

Quote from: friedcat on October 24, 2014, 11:20:32 AM

Payout calculation
Payouts are done daily.

The payout rate before fee substraction is 25 / (difficulty * 4.295) BTC per unit per second.

The fee is 1.89*10^(-8) USD per unit per second. It will be substracted from the pre-fee payout rate. The exchange rate is based on bitstamp 24h average.

The total seconds of each payout is:

1. in the first payout, 3,600 * 24.

2. During normal payouts, the number of seconds during the most recent payout to this payout.

If there is a difficulty change between two payouts, the due payout will be calculated based on two different difficulties and their corresponding time intervals.

If the calculated payout after fee substraction is less than or equal to zero, the contract will be suspended. If the number of subsequent days suspended reaches 10, the contract terminates.

jimmothy

hero member

Activity: 770

Merit: 509

Quote from: Mabsark on December 04, 2014, 07:54:04 PM

Quote from: PBmining on December 04, 2014, 07:44:19 PM

And violate a very important NDA with our supplier? No thanks.

Why would a supplier force you to act like a ponzi? Why do you think it is even remotely acceptable to sell fixed hash rate mining contracts in which you can payout anything you feel like?

I don't know how anyone could possibly still think you are legitimate.

The supplier must really hate pbmining to cripple their sales like that.

Maybe pbmining is just a charity for gullible cryptonoobs who would otherwise be scammed in another get rich quick scheme? That would explain why they really don't want investors involved.

SpanishSoldier

sr. member

Activity: 728

Merit: 256

Quote from: MrTeal on December 04, 2014, 07:58:45 PM

Quote from: PBmining on December 04, 2014, 07:32:53 PM

Havelock is registered in Belize. Therefore, their legal responsibility is much smaller than ours. Just something to keep in mind.

Their legal responsibility is only smaller than yours if you are registered. Where is your business registered again?

From their website front page...

Quote

PB Mining is a fully trusted business in SK, Canada

MrTeal

legendary

Activity: 1274

Merit: 1004

Quote from: PBmining on December 04, 2014, 07:32:53 PM

Havelock is registered in Belize. Therefore, their legal responsibility is much smaller than ours. Just something to keep in mind.

Their legal responsibility is only smaller than yours if you are registered. Where is your business registered again?

SpanishSoldier

sr. member

Activity: 728

Merit: 256

Quote from: coinmaster222 on December 04, 2014, 07:50:44 PM

Companies that want to talk in private usually have something to hide,they should be honest and answer all the customers fears on the forum.

What is the policy of your HashProfit ?

Source: https://bitcointalksearch.org/topic/wwwhashprofitcom-ranking-867300

Quote from: Mabsark on December 04, 2014, 07:54:04 PM

Quote from: PBmining on December 04, 2014, 07:44:19 PM

And violate a very important NDA with our supplier? No thanks.

Why would a supplier force you to act like a ponzi? Why do you think it is even remotely acceptable to sell fixed hash rate mining contracts in which you can payout anything you feel like?

I don't know how anyone could possibly still think you are legitimate.

Quote from: PBmining on December 04, 2014, 07:49:57 PM

A - B = C

So, what do A, B and C represent?

Why dont u ask this to AM hash ?

Mabsark

legendary

Activity: 826

Merit: 1004

Quote from: PBmining on December 04, 2014, 07:44:19 PM

And violate a very important NDA with our supplier? No thanks.

Why would a supplier force you to act like a ponzi? Why do you think it is even remotely acceptable to sell fixed hash rate mining contracts in which you can payout anything you feel like?

I don't know how anyone could possibly still think you are legitimate.

Quote from: PBmining on December 04, 2014, 07:49:57 PM

A - B = C

So, what do A, B and C represent?

raskul

sr. member

Activity: 434

Merit: 250

Quote from: PBmining on December 04, 2014, 07:49:57 PM

Code:

[quote author=raskul link=topic=418183.msg9743441#msg9743441 date=1417740319]
[quote author=PBmining link=topic=418183.msg9743428#msg9743428 date=1417740209]
[quote author=raskul link=topic=418183.msg9743391#msg9743391 date=1417739930]
[quote author=PBmining link=topic=418183.msg9743385#msg9743385 date=1417739848]
[quote author=raskul link=topic=418183.msg9743367#msg9743367 date=1417739661]
[quote author=PBmining link=topic=418183.msg9742781#msg9742781 date=1417734236]
[quote]
$per24 = ($totalHashingPower * 25 / $difficulty) * (60 * 60 * 24 * 65535 * pow(10,6) / pow(2,48));
[/quote]

[b]That is quoted from January, and was deleted after, as we changed our formula to include other factors.[/b]
[/quote]

You initially gave a calculation in a PPS method as to how your customers will be paid. This was a good move as it persuades customers that earnings may indeed be made on a PPS algorithm and there is a possibility that you are mining.

To then simply delete the post without notice to your customers, is rather deceitful is it not?
As a customer, I had presumed payouts were still as-per that PPS calculation.
You should have advised the new calculation, instead of leaving us to notice payments were being reduced.

You will have to go a long way from here to convince those of us who - you must admit to yourself - have every right to be dubious about your practices.
I'm not yet convinced in any way that you are actually mining anything by these remarks.
[/quote]

I will state this one more time. If you are one of the customers who read this formula while it was still posted in the forums at that time which resulted in you buying a contract, please e-mail our support and we will make sure you are compensated for any losses you feel that you endured.
[/quote]

I don't mind being open and transparent.

i am customer #51.

your turn to be open and transparent.
[/quote]

Please e-mail [email protected] if you feel you suffered any losses from our service.
[/quote]

I do not understand why we cannot discuss it here? please advise the new calculation which went into place after the old calculation was changed.
please post it here:
[/quote]

A - B = C

looks like deceit, smells like deceit. hey, who am i to judge.
I'm going to say that you have done pretty well up until now, but i'm afraid your lack of transparency merely shows that you have nothing to show us.
quite literally, nothing. no mining. no pool tx. no mined blocks.

nothing.

coinmaster222

hero member

Activity: 756

Merit: 500

Companies that want to talk in private usually have something to hide,they should be honest and answer all the customers fears on the forum.

PBmining

sr. member

Activity: 378

Merit: 250

Quote from: raskul on December 04, 2014, 07:45:19 PM

Quote from: PBmining on December 04, 2014, 07:43:29 PM

Quote from: raskul on December 04, 2014, 07:38:50 PM

Quote from: PBmining on December 04, 2014, 07:37:28 PM

Quote from: raskul on December 04, 2014, 07:34:21 PM

Quote from: PBmining on December 04, 2014, 06:03:56 PM

Quote

$per24 = ($totalHashingPower * 25 / $difficulty) * (60 * 60 * 24 * 65535 * pow(10,6) / pow(2,48));

That is quoted from January, and was deleted after, as we changed our formula to include other factors.

You initially gave a calculation in a PPS method as to how your customers will be paid. This was a good move as it persuades customers that earnings may indeed be made on a PPS algorithm and there is a possibility that you are mining.

To then simply delete the post without notice to your customers, is rather deceitful is it not?
As a customer, I had presumed payouts were still as-per that PPS calculation.
You should have advised the new calculation, instead of leaving us to notice payments were being reduced.

You will have to go a long way from here to convince those of us who - you must admit to yourself - have every right to be dubious about your practices.
I'm not yet convinced in any way that you are actually mining anything by these remarks.

I will state this one more time. If you are one of the customers who read this formula while it was still posted in the forums at that time which resulted in you buying a contract, please e-mail our support and we will make sure you are compensated for any losses you feel that you endured.

I don't mind being open and transparent.

i am customer #51.

your turn to be open and transparent.

Please e-mail [email protected] if you feel you suffered any losses from our service.

I do not understand why we cannot discuss it here? please advise the new calculation which went into place after the old calculation was changed.
please post it here:

A - B = C

SpanishSoldier

sr. member

Activity: 728

Merit: 256

Quote from: PBmining on December 04, 2014, 07:44:19 PM

Quote from: jimmothy on December 04, 2014, 07:42:33 PM

Quote from: PBmining on December 04, 2014, 07:40:49 PM

Quote from: Mabsark on December 04, 2014, 07:39:07 PM

Quote from: PBmining on December 04, 2014, 07:31:34 PM

If you are not comfortable with our lack of full transparency, please don't buy a contract.

I'm not comfortable with that at all and most certainly will not be buying any contracts from you.

That is fine. Perhaps https://www.havelockinvestments.com is your cup of tea.
Good luck.

Don't you realize you could easily get millions of dollars in VC funding if you would quit acting like a ponzi scheme?

Do you hate money?

And violate a very important NDA with our supplier? No thanks.

I dont want u or any other cloud company to get listed under HaveLock. They are link bank. Being a mediator, they are skimming off our earning. There is already big noise in AM hash thread.

Quote from: raskul on December 04, 2014, 07:45:19 PM

Quote from: PBmining on December 04, 2014, 07:43:29 PM

Quote from: raskul on December 04, 2014, 07:38:50 PM

Quote from: PBmining on December 04, 2014, 07:37:28 PM

Quote from: raskul on December 04, 2014, 07:34:21 PM

Quote from: PBmining on December 04, 2014, 06:03:56 PM

Quote

$per24 = ($totalHashingPower * 25 / $difficulty) * (60 * 60 * 24 * 65535 * pow(10,6) / pow(2,48));

That is quoted from January, and was deleted after, as we changed our formula to include other factors.

You initially gave a calculation in a PPS method as to how your customers will be paid. This was a good move as it persuades customers that earnings may indeed be made on a PPS algorithm and there is a possibility that you are mining.

To then simply delete the post without notice to your customers, is rather deceitful is it not?
As a customer, I had presumed payouts were still as-per that PPS calculation.
You should have advised the new calculation, instead of leaving us to notice payments were being reduced.

You will have to go a long way from here to convince those of us who - you must admit to yourself - have every right to be dubious about your practices.
I'm not yet convinced in any way that you are actually mining anything by these remarks.

I will state this one more time. If you are one of the customers who read this formula while it was still posted in the forums at that time which resulted in you buying a contract, please e-mail our support and we will make sure you are compensated for any losses you feel that you endured.

I don't mind being open and transparent.

i am customer #51.

your turn to be open and transparent.

Please e-mail [email protected] if you feel you suffered any losses from our service.

I do not understand why we cannot discuss it here? please advise the new calculation which went into place after the old calculation was changed.
please post it here:

Why dont u understand a simple thing ? There is no calculation here. They'll give u what they'll get. That is all about mining. U were lucky when u got the ideal sum. Those golden days are over.

raskul

sr. member

Activity: 434

Merit: 250

Quote from: PBmining on December 04, 2014, 07:43:29 PM

Quote from: raskul on December 04, 2014, 07:38:50 PM

Quote from: PBmining on December 04, 2014, 07:37:28 PM

Quote from: raskul on December 04, 2014, 07:34:21 PM

Quote from: PBmining on December 04, 2014, 06:03:56 PM

Quote

$per24 = ($totalHashingPower * 25 / $difficulty) * (60 * 60 * 24 * 65535 * pow(10,6) / pow(2,48));

That is quoted from January, and was deleted after, as we changed our formula to include other factors.

You initially gave a calculation in a PPS method as to how your customers will be paid. This was a good move as it persuades customers that earnings may indeed be made on a PPS algorithm and there is a possibility that you are mining.

To then simply delete the post without notice to your customers, is rather deceitful is it not?
As a customer, I had presumed payouts were still as-per that PPS calculation.
You should have advised the new calculation, instead of leaving us to notice payments were being reduced.

You will have to go a long way from here to convince those of us who - you must admit to yourself - have every right to be dubious about your practices.
I'm not yet convinced in any way that you are actually mining anything by these remarks.

I will state this one more time. If you are one of the customers who read this formula while it was still posted in the forums at that time which resulted in you buying a contract, please e-mail our support and we will make sure you are compensated for any losses you feel that you endured.

I don't mind being open and transparent.

i am customer #51.

your turn to be open and transparent.

Please e-mail [email protected] if you feel you suffered any losses from our service.

I do not understand why we cannot discuss it here? please advise the new calculation which went into place after the old calculation was changed.
please post it here:

PBmining

sr. member

Activity: 378

Merit: 250

Quote from: jimmothy on December 04, 2014, 07:42:33 PM

Quote from: PBmining on December 04, 2014, 07:40:49 PM

Quote from: Mabsark on December 04, 2014, 07:39:07 PM

Quote from: PBmining on December 04, 2014, 07:31:34 PM

If you are not comfortable with our lack of full transparency, please don't buy a contract.

I'm not comfortable with that at all and most certainly will not be buying any contracts from you.

That is fine. Perhaps https://www.havelockinvestments.com is your cup of tea.
Good luck.

Don't you realize you could easily get millions of dollars in VC funding if you would quit acting like a ponzi scheme?

Do you hate money?

And violate a very important NDA with our supplier? No thanks.

PBmining

sr. member

Activity: 378

Merit: 250

Quote from: raskul on December 04, 2014, 07:38:50 PM

Quote from: PBmining on December 04, 2014, 07:37:28 PM

Quote from: raskul on December 04, 2014, 07:34:21 PM

Quote from: PBmining on December 04, 2014, 06:03:56 PM

Quote

$per24 = ($totalHashingPower * 25 / $difficulty) * (60 * 60 * 24 * 65535 * pow(10,6) / pow(2,48));

That is quoted from January, and was deleted after, as we changed our formula to include other factors.

You initially gave a calculation in a PPS method as to how your customers will be paid. This was a good move as it persuades customers that earnings may indeed be made on a PPS algorithm and there is a possibility that you are mining.

To then simply delete the post without notice to your customers, is rather deceitful is it not?
As a customer, I had presumed payouts were still as-per that PPS calculation.
You should have advised the new calculation, instead of leaving us to notice payments were being reduced.

You will have to go a long way from here to convince those of us who - you must admit to yourself - have every right to be dubious about your practices.
I'm not yet convinced in any way that you are actually mining anything by these remarks.

I will state this one more time. If you are one of the customers who read this formula while it was still posted in the forums at that time which resulted in you buying a contract, please e-mail our support and we will make sure you are compensated for any losses you feel that you endured.

I don't mind being open and transparent.

i am customer #51.

your turn to be open and transparent.

Please e-mail [email protected] if you feel you suffered any losses from our service.

jimmothy

hero member

Activity: 770

Merit: 509

Quote from: PBmining on December 04, 2014, 07:40:49 PM

Quote from: Mabsark on December 04, 2014, 07:39:07 PM

Quote from: PBmining on December 04, 2014, 07:31:34 PM

If you are not comfortable with our lack of full transparency, please don't buy a contract.

I'm not comfortable with that at all and most certainly will not be buying any contracts from you.

That is fine. Perhaps https://www.havelockinvestments.com is your cup of tea.
Good luck.

Don't you realize you could easily get millions of dollars in VC funding if you would quit acting like a ponzi scheme?

Do you hate money?

PBmining

sr. member

Activity: 378

Merit: 250

Quote from: galdur on December 04, 2014, 07:41:13 PM

I wonder why the other sockpuppets haven´t shown up yet. Grin

They only work during certain hours, otherwise they don't get paid.

galdur

hero member

Activity: 616

Merit: 500

I wonder why the other sockpuppets haven´t shown up yet. Grin

PBmining

sr. member

Activity: 378

Merit: 250

Quote from: Mabsark on December 04, 2014, 07:39:07 PM

Quote from: PBmining on December 04, 2014, 07:31:34 PM

If you are not comfortable with our lack of full transparency, please don't buy a contract.

I'm not comfortable with that at all and most certainly will not be buying any contracts from you.

That is fine. Perhaps https://www.havelockinvestments.com is your cup of tea.
Good luck.

Mabsark

legendary

Activity: 826

Merit: 1004

Quote from: PBmining on December 04, 2014, 07:31:34 PM

If you are not comfortable with our lack of full transparency, please don't buy a contract.

Why do you refuse to share this information with potential customers? This is vital information required to assess the profitability of the service. Potential customers have no way of knowing whether to expect 1 Satoshi or 1000 Satoshis per Gh/s.

I'm not comfortable with that at all and most certainly will not be buying any contracts from you.

raskul

sr. member

Activity: 434

Merit: 250

Quote from: PBmining on December 04, 2014, 07:37:28 PM

Quote from: raskul on December 04, 2014, 07:34:21 PM

Quote from: PBmining on December 04, 2014, 06:03:56 PM

Quote

$per24 = ($totalHashingPower * 25 / $difficulty) * (60 * 60 * 24 * 65535 * pow(10,6) / pow(2,48));

That is quoted from January, and was deleted after, as we changed our formula to include other factors.

You initially gave a calculation in a PPS method as to how your customers will be paid. This was a good move as it persuades customers that earnings may indeed be made on a PPS algorithm and there is a possibility that you are mining.

To then simply delete the post without notice to your customers, is rather deceitful is it not?
As a customer, I had presumed payouts were still as-per that PPS calculation.
You should have advised the new calculation, instead of leaving us to notice payments were being reduced.

You will have to go a long way from here to convince those of us who - you must admit to yourself - have every right to be dubious about your practices.
I'm not yet convinced in any way that you are actually mining anything by these remarks.

I will state this one more time. If you are one of the customers who read this formula while it was still posted in the forums at that time which resulted in you buying a contract, please e-mail our support and we will make sure you are compensated for any losses you feel that you endured.

I don't mind being open and transparent.

i am customer #51.

your turn to be open and transparent.

PBmining

sr. member

Activity: 378

Merit: 250

Quote from: raskul on December 04, 2014, 07:34:21 PM

Quote from: PBmining on December 04, 2014, 06:03:56 PM

Quote

$per24 = ($totalHashingPower * 25 / $difficulty) * (60 * 60 * 24 * 65535 * pow(10,6) / pow(2,48));

That is quoted from January, and was deleted after, as we changed our formula to include other factors.

You initially gave a calculation in a PPS method as to how your customers will be paid. This was a good move as it persuades customers that earnings may indeed be made on a PPS algorithm and there is a possibility that you are mining.

To then simply delete the post without notice to your customers, is rather deceitful is it not?
As a customer, I had presumed payouts were still as-per that PPS calculation.
You should have advised the new calculation, instead of leaving us to notice payments were being reduced.

You will have to go a long way from here to convince those of us who - you must admit to yourself - have every right to be dubious about your practices.
I'm not yet convinced in any way that you are actually mining anything by these remarks.

I will state this one more time. If you are one of the customers who read this formula while it was still posted in the forums at that time which resulted in you buying a contract, please e-mail our support and we will make sure you are compensated for any losses you feel that you endured.

Topic: PB Mining -- 5 year mining contracts! - page 53. (Read 379010 times)