Topic: PB Mining -- 5 year mining contracts! - page 90. (Read 378920 times)

Why do u think that PB does not need a sig campaign ?

cloudminer.io is having a sig campaign. they are paying in both BTC & GHs. u may like to join them...

Don't think they need it

Is there some news about the signature campaign? I saw some days ago that PBMining wants to open another type of signature campaign

Does cloudmining.website subtract any maintenance fees?  Their website doesn't mention it.  They have a 10GH/s minimum order.  Also looks like it is a temporary promotional rate.  Seems like a very good deal, but they are new and unproven.

If the goal is to spend less money upfront, then AMHash is a better deal than PBmining.  If the goal is to have a higher long-term ROI, then PBmining is the better choice.  Personally, I would rather have a higher ROI.  25GH/s in USD terms is under $15.  Bitcoin is now over $400 (yay!!).  As I mentioned before, if risking $15 on 25GH/s makes you uncomfortable, then Bitcoin mining is not for you.

***What are the payout differences between PBmining and AMHash?  Let's assume we own 1TH/s: ***

PBmining: Looking at bitcoinwisdom.com/bitcoin/difficulty.  Plug in 1TH/s, we would receive 0.08889BTC/week at current difficulty.  Simple.

AMhash: The payout rate before fee subtraction is 25/ (difficulty * 4.295) BTC per unit per second.  1 unit = 1GH/s.  So, the payout before fees for one week is ( 25 / ( 39,603,666,252 * 4.295 ) ) * 1000 units * (60*60*24*7 seconds) = 0.00000000014697 * 1000 * 604800 = 0.08888746BTC/week.  That's pretty much exactly the same as PBmining.  Then the maintenance fees must be subtracted from that amount.

The maintenance fee is 1.89*10^(-8) USD per unit per second or $0.01141 per GH per week. $0.01141 * 1000 units = $11.41 USD

The exchange rate is based on bitstamp.net 24h average.  Let's assume the 24 hour average is $390.  $11.41/$390 = 0.02925641BTC

The AMhash payout for a one week period is then 0.08888746 - 0.02925641 = 0.05963105BTC

***How much does it cost for 1TH, how often do I get paid, and what am I paid?***

PBmining: 1TH is currently 1.4BTC.  Payouts are weekly.  You receive 0.08889BTC/week at current difficulty.

AMhash: 1TH is currently 1.21BTC.  Payouts are daily.  The past 7 days of dividends have been 0.00000845 0.00000830 0.00000824 0.00000805 0.00000795 0.00000799 0.00000788 = 0.00005686BTC per unit for the week.  0.00005686 * 1000 = 0.05686BTC.  This number is a little lower than 0.05963105BTC, because the value of a Bitcoin has risen over the past week.

***What's the better deal?  PBmining or AMhash?***

The current upfront price difference for 1TH is that AMhash is 0.19BTC cheaper than PBmining.  If the value of a Bitcoin is $390 USD for the next 8 weeks, then you will pay 0.02925641 * 8 = 0.23405128BTC in maintenance fees to AMhash, which negates any upfront savings and makes AMhash more expensive.

Unless you have a fear of long-term commitment, PBmining is by far the better deal.

You can buy 1 Gh/s from AMHash for 0.0012 BTC. Like others have said though, that'll just get you dust.

Buying now is a bit risky since noone can predict difficulty and conversion rates for the future.

On the other hand, once I ROI on pbmining I might reinvest 1/5th of the outcome into new contracts at the end of the month.

i have bought 31 GHS @ 0.043 btc (Earned from online) and invested here

Yes its nice but honestly not really worth it for the future. Very little profit margin.

Like in post above - that's difficult to say right now.. but people who buy contracts in april already get money back

It's hard to determine it... It depends on what will be the mining difficulty of BTC in the future, and this is not so predictable, so you can try some calculation by your own using some profit calculator on the web... i can't help you more than this...

Cheers

What is ROI how much time its will take to get my investment back

You will earn near 0.002852 BTC till the next difficulty change... probably on 18 nov.

I'm more than happy that I bought some early contracts with PB Mining. thank you for the great service guys.

if you have time, please take a minute to vote https://bitcointalksearch.org/topic/poll-what-method-do-you-use-tactical-prospecting-853809

i just bought 31 GHS at pbmining how much btc i will get per 7 days ?

If you don't like bacon, you're wrong!

I like bacon. 

I get your point, I´m trying to asses possibilities and risk involved and decide after.
As i wrote, i have experience in buy/sell multiple accounts on various services. Personally, I like official marketplace, where you can buy/sell as it suits you - in cloud controlled environment...shame PB does not have one...
My point is, that I like the idea to invest a lot just from start, don't reinvest and have option to cash out any time - even if the payout is very good, ROI and profit over ROI is almost guaranteed by math...Just to have exit option, when you see good opportunity elsewhere, or you need your initial investment for real life...obviously lowered somewhat by actual price, demand etc.

Is there

You actually can sell a PB account. I have bought someones account from them in September. However PB does not do it for you, you do it yourself. First by changing the email of the account to the new owner. PB did this for us, then the new owner can change the payout address to his own and change the password to his own.  Which is what I did.
It's mostly the buyer and seller doing it, not PB.
          I'm getting a nice payout from the cloudmining site. However I never was able to determine the length of the contract.