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Topic: Recovery program beginning in January for PB Mining customers. - page 53. (Read 143904 times)

full member
Activity: 154
Merit: 100
♥Bitcoin-Ethereum-Ripple♥
whoa, now bitcoin cloud services drops it's contracts to a year, the blue pig

Hmmm yeah I noticed that too, I wonder if they announced it to current customers who re-invest their payouts?
sr. member
Activity: 387
Merit: 250
hello i have been a pbmining customer since January. my customer ID is #60 and i have about 60ghs mining with PBmining. at first payouts were as high as 0.05BTC every sunday. As difficulty increased, this dropped and by summertime it was about half (0.025). I'm pretty sure I have ROI'd, but i feel i am owed 4 more years of mining (what we all paid for).
When i found PBmining they were selling mining equipment on ebay, then they started selling mining contracts on ebay.

I have not even checked this thread in a long time until a few days ago when the last payment received was 0.0001815 (down from 0.00387 the previous sunday). now i see there has been alot of drama here but why the FUCK is the payout so low. no level of harrasment causes the equipment to lose efficiency. So why the FUCK did you, PBmining, do this.

If you feel that some customers are harassing you, then contact RCMP. Your conduct here is unacceptable.
newbie
Activity: 14
Merit: 0
whoa, now bitcoin cloud services drops it's contracts to a year, the blue pig
legendary
Activity: 1274
Merit: 1004
Thanks to everyone who filled out the google form.
https://docs.google.com/forms/d/1JJwD4agNpgAbHpXdN936iAESZgHtstTcYIuD5_Dcbb0/viewform

I'm compiling the information and I still have some holes in it that I'm filling. Specifically, if you are an early customers (march or before) I'd love to get some more data on that time period.
legendary
Activity: 980
Merit: 1040
speaking of other ponzis, you guys know if that site called coinminer.com is a ponzi?

this site right here https://cloudminr.io/

i wish there was a excel spread sheet on listed ponzi.

Check my sig.
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
So, i wonder how many people believe PBMining will refund to their customer ?
Maybe he's running with our bitcoin & celebrate chrismast
full member
Activity: 210
Merit: 100
speaking of other ponzis, you guys know if that site called coinminer.com is a ponzi?

this site right here https://cloudminr.io/

i wish there was a excel spread sheet on listed ponzi.
legendary
Activity: 994
Merit: 1000
Man ponzis everywhere, choose your poison: Zeusminer, Moolah, Pbmining, who's next?  Roll Eyes Roll Eyes Roll Eyes

Just wait and see mate

My predict soon another ponzi will down

they take btc for new years holiday Cheesy

Wow, you must be a psychic, considering that saying a ponzi will fail soon, is like saying the sun will rise in the am.
sr. member
Activity: 434
Merit: 250
sr. member
Activity: 504
Merit: 250
I would imagine that like most countries including here in New Zealand the police force is a blunt instrument of state.
Given the potential scale of the alleged offending, I believe the investigation would best be handled by an appropriate Government body.

New Zealand has two ... The Serious Fraud Office who deal with primarily criminal fraud of large scale and value and The Commerce Commission who deal with corporate illegality and crime.
I imagine that there are similar bodies in Canada who will have far wider powers of investigation than the local police would. That is where we should direct our complaints.

Is there a Canadian here with some knowledge to share ?

RCMP Anti-fraud would be the highest you could go, aside from contacting CSIS which would not be suitable for this.

RCMP is the Canadian equivalent to the FBI, I guess. Smaller towns have RCMP as city police, but they are actually federal police.

You could try contacting his MP or MPP, but it probably wouldn't be very helpful.

The other way I guess would be to contact the head office of the RCMP and ask them where they think you should direct your call. Another option would be to call "crimestoppers" though I'm not sure if that would be of much help. Contacting the BBB is useless, but if he has a real business in Saskatchewan you might be able to contact his local Chamber of Commerce.

I'm just coming up with anything that might help at this point. RCMP are the best people to contact in this situation. Unless you know some Warriors, he definitely doesn't want them looking for him.
copper member
Activity: 2310
Merit: 1032
PM'd, not that I expect a response, I did not put in more than I could afford to loose luckily.
sr. member
Activity: 485
Merit: 274

Am I right guessing the 5 and 6 GHs contracts where much older than the 60GH ?


The 5 was my original toe in the water.  The 6 was much newer than the 60 but was a piggy back bonus.
legendary
Activity: 980
Merit: 1040
FWIW i have a couple of contracts under a couple of names and they both got payments last night.  Both were 60Ghz and got 0.000242 each.  Roughly 10% of what they got last week.  A couple for 5 or 6 Ghs did not.  I think the amounts were probably what the formula was predicting.  

Silly question, but was there some sort of EULA/contract we had to agree to stating what the terms were when we signed up?  I don't remember one.  If we can't actually say "this is what was agreed between us and Jason" then I'm not sure what sort of claim we have?

So the 5 and 6Ghs were frozen last week but the 60Ghs got a payout this week.  Anyone with less than 50 or 10 Ghs get a payout?  I wonder what the cut off point is? 

Could he still be paying out to cover his backside?  All the while he is delivering (albeit at a reduced rate) he is still in business and we have less of an argument. 

Am I right guessing the 5 and 6 GHs contracts where much older than the 60GH ?

As for the original contract, here ya go:

Quote
There are no mining pool fees to the customer. We cover our own mining fees from our pool workers which the customer will never have to see.

Instead, the customer is payed based on this fixed formula, taken right from our PHP script:

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

This formula is standard with all Bitcoin Profit Calculators.
https://bitcointa.lk/threads/pb-mining-5-year-mining-contracts.238321/page-7#post-4610327

The post was later edited and replaced with "A+B=C" or something along those lines, but you cant just retroactively change a contract.
hero member
Activity: 854
Merit: 503
FWIW i have a couple of contracts under a couple of names and they both got payments last night.  Both were 60Ghz and got 0.000242 each.  Roughly 10% of what they got last week.  A couple for 5 or 6 Ghs did not.  I think the amounts were probably what the formula was predicting.  

Silly question, but was there some sort of EULA/contract we had to agree to stating what the terms were when we signed up?  I don't remember one.  If we can't actually say "this is what was agreed between us and Jason" then I'm not sure what sort of claim we have?

So the 5 and 6Ghs were frozen last week but the 60Ghs got a payout this week.  Anyone with less than 50 or 10 Ghs get a payout?  I wonder what the cut off point is? 

Could he still be paying out to cover his backside?  All the while he is delivering (albeit at a reduced rate) he is still in business and we have less of an argument. 

yeah i also think he is planning in that way, BUT we pay for full GHS and not 10% of these GHS. It is still illegal
sr. member
Activity: 485
Merit: 274
FWIW i have a couple of contracts under a couple of names and they both got payments last night.  Both were 60Ghz and got 0.000242 each.  Roughly 10% of what they got last week.  A couple for 5 or 6 Ghs did not.  I think the amounts were probably what the formula was predicting.  

Silly question, but was there some sort of EULA/contract we had to agree to stating what the terms were when we signed up?  I don't remember one.  If we can't actually say "this is what was agreed between us and Jason" then I'm not sure what sort of claim we have?

So the 5 and 6Ghs were frozen last week but the 60Ghs got a payout this week.  Anyone with less than 50 or 10 Ghs get a payout?  I wonder what the cut off point is? 

Could he still be paying out to cover his backside?  All the while he is delivering (albeit at a reduced rate) he is still in business and we have less of an argument. 
member
Activity: 106
Merit: 10
Man ponzis everywhere, choose your poison: Zeusminer, Moolah, Pbmining, who's next?  Roll Eyes Roll Eyes Roll Eyes

Just wait and see mate

My predict soon another ponzi will down

they take btc for new years holiday Cheesy




member
Activity: 110
Merit: 10
www.secondstrade.com - 190% return Binary option
Man ponzis everywhere, choose your poison: Zeusminer, Moolah, Pbmining, who's next?  Roll Eyes Roll Eyes Roll Eyes

Just wait and see mate

My predict soon another ponzi will down

they take btc for new years holiday Cheesy
member
Activity: 106
Merit: 10
Man ponzis everywhere, choose your poison: Zeusminer, Moolah, Pbmining, who's next?  Roll Eyes Roll Eyes Roll Eyes
full member
Activity: 206
Merit: 100
STUFF THE TURKEY'S ARSE WITH HOLLY FA LA LA LA LA LA LA LA LA LA
hero member
Activity: 1106
Merit: 501
www.bitcoin.org
R.I.P Pbmining
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