I started mining with PBmining in FEB after I lost my building that I was using for mining it had free power and ac, after mining a week at home , the heat was killing me
I have never thought about it being a Ponzi tell I read this I used 2 BTC that I had , I have gotten my payments every sunday, and I'm in the plus side now, I never went into it as a 5 year deal
knowing after 6 months it would drop to a lower return with time but I took 2 BTC and made it 3 BTC with no heat and power cost.
Danny
Topic: PBmining - legit? - page 11. (Read 67909 times)
very reliable
and hopefully I get a bonus 2THS of PB
Too reliable and the mining awards are too high for it to be real. Every time you refresh the mining page the amount of BTC is increased. It isn't real mining. and hopefully I get a bonus 2THS of PB
You're not the first person I've heard this from. I think you have some scam operators who are looking for more advanced ways to scam people and this could be one. They act like it's above board and all you're doing is mining BTC. But actually they just give you more and more BTC in order to lure more and more "investors" (sound familiar?) in. Make sure your cloud mining site DISCLOSES their info - fees, how they are calculating what you are getting, etc.
very reliable
and hopefully I get a bonus 2THS of PB
Too reliable and the mining awards are too high for it to be real. Every time you refresh the mining page the amount of BTC is increased. It isn't real mining. and hopefully I get a bonus 2THS of PB
very reliable
and hopefully I get a bonus 2THS of PB
and hopefully I get a bonus 2THS of PB
I'm a university student going to University of Toronto, being a student isn't cheap!
If you're considering joining pbmining please join under me!!!
http://pbmining.com <<<<< FIXED IT FOR YOU
Referral links only in signature please! If you're considering joining pbmining please join under me!!!
http://pbmining.com <<<<< FIXED IT FOR YOU
Pbmining is definitely a legit site. I have been paid by them before and they are the cheapest site i can find at 0.003btc/GH. This gives people a really easy break even point because at that price buying hardware is more expensive that just buy cloud mining. Pbmining is a one time payment with only 0.003btc per Gh and no other fee so far. they payout every sunday and so far they have been on time. IF you do decide to sign up plz go it under me.
copy and paste : http://www.pbmining.com/ <<<<< Fixed for you
copy and paste : http://www.pbmining.com/ <<<<< Fixed for you
Hey newbies, you are only supposed to put referral links in your signatures.
Pbmining is definitely a legit site. I have been paid by them before and they are the cheapest site i can find at 0.003btc/GH. This gives people a really easy break even point because at that price buying hardware is more expensive that just buy cloud mining. Pbmining is a one time payment with only 0.003btc per Gh and no other fee so far. they payout every sunday and so far they have been on time. IF you do decide to sign up plz go it under me.
copy and paste : http://www.pbmining.com/?ref=andylin
I wouldn't say that just because you've been paid by them that they're legit. They very well may be, but they haven't proved anywhere that they have and hashing gear, let alone 1-2% of the network hashrate (which I've heard they have contracts with users for) copy and paste : http://www.pbmining.com/?ref=andylin
As other have said yes he thing you want I do is do the math and figure our if it makes sense mathematically to pay for cloud mining. The one vRiable will be the difficulty increase so you'll want to make your best guess on that too, then decide whether to join. For instance the best ROI and honest answer are with the company in my sig. At least you know what you're getting there.
Some questions :
Electricity fees or any other fees?
You buy ghs for what term?
Any proof of them owning mining rigs?
As other have said yes he thing you want I do is do the math and figure our if it makes sense mathematically to pay for cloud mining. The one vRiable will be the difficulty increase so you'll want to make your best guess on that too, then decide whether to join. For instance the best ROI and honest answer are with the company in my sig. At least you know what you're getting there.
Thanks ^^
Well I'm already invested and I can't get out.. (invested .3BTC) 
Dont reinvest till you get out your 0.3 BTC.
Best of luck to you, Mate!
Well I'm already invested and I can't get out.. (invested .3BTC)
I bought into this a few days ago. I only bought 100 GH/s because I have this feeling that I wont really make anything on it. In fact I would be happy to see just break even in 5yrs. It all depends on the difficulty not increasing drastically I think. This term it doesn't look like it is predicted to be a big increase so I shouldn't see a big drop per day. If we get a few terms with bog increases I may not have any chance to ever make it back. Either way it will be an experience that I will learn from one way or the other.
This is the problem with buying such a long term investment in cloud mining or any type of mining for that matter. As it is now the difficulty is doubling roughly every two months, in other words your expected revenue is going to half every two months (assuming that your provider does not charge any kind of ongoing maintenance fee, if it does then your drop will be more every two months). The later part of your contract will see very few results. Bitman AntMiner S3 costs .725 BTC that runs at 478 GHs, or ~ .15 per 100 GHs.
Granted you do not have to pay for electricity, however I don't think that the electric cost would add up to be 1/2 of the cost of the machine.
So even with very cheap power you are looking at .75+1.27 or 2.02 BTC. 2 BTC / 478 is .004184 BTC
So if PBMining were legit they would be either charging a fee for power or charging a LOT more per GH/s.
We also know they aren't charging a fee for maintenance because they have been basically returning the theoretical maximum BTC that can be mined. So something isn't right and the math doesn't support them.
For the record you can by cloud mining cheaper than what PBMining charges, but there is a fee for power taken out on a daily basis. An example it the PETA shares at HavelockInvestments. Each share is 1 GH/s of mining and the current cost is about .0027 per share. It is a free market price so it goes up and down all the time, well mostly down. You get paid daily.
You made a good math right there. Maybe you have any idea where to invest my btc? Any legit cloudmining sites out there?
I was about to invest in pbmining and all i can see its a ponzi scheme.
I've been buying/selling B.Mine & B.Sell on HavelockInvestments.com a lot. It isn't real but they clearly tell you that.
What does this page basically do? If you want you can private message me.
I bought into this a few days ago. I only bought 100 GH/s because I have this feeling that I wont really make anything on it. In fact I would be happy to see just break even in 5yrs. It all depends on the difficulty not increasing drastically I think. This term it doesn't look like it is predicted to be a big increase so I shouldn't see a big drop per day. If we get a few terms with bog increases I may not have any chance to ever make it back. Either way it will be an experience that I will learn from one way or the other.
This is the problem with buying such a long term investment in cloud mining or any type of mining for that matter. As it is now the difficulty is doubling roughly every two months, in other words your expected revenue is going to half every two months (assuming that your provider does not charge any kind of ongoing maintenance fee, if it does then your drop will be more every two months). The later part of your contract will see very few results. Bitman AntMiner S3 costs .725 BTC that runs at 478 GHs, or ~ .15 per 100 GHs.
Granted you do not have to pay for electricity, however I don't think that the electric cost would add up to be 1/2 of the cost of the machine.
So even with very cheap power you are looking at .75+1.27 or 2.02 BTC. 2 BTC / 478 is .004184 BTC
So if PBMining were legit they would be either charging a fee for power or charging a LOT more per GH/s.
We also know they aren't charging a fee for maintenance because they have been basically returning the theoretical maximum BTC that can be mined. So something isn't right and the math doesn't support them.
For the record you can by cloud mining cheaper than what PBMining charges, but there is a fee for power taken out on a daily basis. An example it the PETA shares at HavelockInvestments. Each share is 1 GH/s of mining and the current cost is about .0027 per share. It is a free market price so it goes up and down all the time, well mostly down. You get paid daily.
You made a good math right there. Maybe you have any idea where to invest my btc? Any legit cloudmining sites out there?
I was about to invest in pbmining and all i can see its a ponzi scheme.
I've been buying/selling B.Mine & B.Sell on HavelockInvestments.com a lot. It isn't real but they clearly tell you that.
I bought into this a few days ago. I only bought 100 GH/s because I have this feeling that I wont really make anything on it. In fact I would be happy to see just break even in 5yrs. It all depends on the difficulty not increasing drastically I think. This term it doesn't look like it is predicted to be a big increase so I shouldn't see a big drop per day. If we get a few terms with bog increases I may not have any chance to ever make it back. Either way it will be an experience that I will learn from one way or the other.
This is the problem with buying such a long term investment in cloud mining or any type of mining for that matter. As it is now the difficulty is doubling roughly every two months, in other words your expected revenue is going to half every two months (assuming that your provider does not charge any kind of ongoing maintenance fee, if it does then your drop will be more every two months). The later part of your contract will see very few results. Bitman AntMiner S3 costs .725 BTC that runs at 478 GHs, or ~ .15 per 100 GHs.
Granted you do not have to pay for electricity, however I don't think that the electric cost would add up to be 1/2 of the cost of the machine.
So even with very cheap power you are looking at .75+1.27 or 2.02 BTC. 2 BTC / 478 is .004184 BTC
So if PBMining were legit they would be either charging a fee for power or charging a LOT more per GH/s.
We also know they aren't charging a fee for maintenance because they have been basically returning the theoretical maximum BTC that can be mined. So something isn't right and the math doesn't support them.
For the record you can by cloud mining cheaper than what PBMining charges, but there is a fee for power taken out on a daily basis. An example it the PETA shares at HavelockInvestments. Each share is 1 GH/s of mining and the current cost is about .0027 per share. It is a free market price so it goes up and down all the time, well mostly down. You get paid daily.
You made a good math right there. Maybe you have any idea where to invest my btc? Any legit cloudmining sites out there?
I was about to invest in pbmining and all i can see its a ponzi scheme.
Is there a btc address they own which is mining with 1PH?
out of curiosity, wouldn't it be interesting to know where the BTC PBmining is paying weekly have been minted ?
( or is that also hidden by their mixing-service ? )
hahaha first post.
the more shills the more obvious a ponzi this is.
also, they could sell themselves equipment on ebay to make a false rep, ebay is irrelevant, they pay laundered coins and they won't provide the slightest evidence they have any mining equipment.
I highly doubt they hire(create) shills even if they are a ponzi. They have more than enough people that they don't need to bother with that at all...
do u have a link to his ebay account, i know he is not selling to anybody on ebay now but i want to read som of his feed back
There you go: http://ebay.com/usr/pbmining
Regards
pbmining seems legit to me.
hahaha first post.
the more shills the more obvious a ponzi this is.
also, they could sell themselves equipment on ebay to make a false rep, ebay is irrelevant, they pay laundered coins and they won't provide the slightest evidence they have any mining equipment.
Is there a btc address they own which is mining with 1PH?
out of curiosity, wouldn't it be interesting to know where the BTC PBmining is paying weekly have been minted ?
( or is that also hidden by their mixing-service ? )
I've dealt with pbmining in the past and I have to say it is legit and run by a stand up guy. Basically all he does is successfully predict future winners more often than most and splits the profit between all hash holders. If he didn;t have such a long and prosperous track record, I'd say it was all luck but in this case it seems more like a guy that really understands the game. From personal experience I can say with all honesty that I have no complaints about pbmining and have always been impressed by their service.
Can you elaborate? He only mines selective blocks?
Is there any definitive proof pbmining is not a ponzi yet?
Is there still no pictures/videos of their mine?
Is there a btc address they own which is mining with 1PH?
Are they still mixing/obfuscating payments?
Jump to: