PB Mining -- 5 year mining contracts!

[odlal]

It's ALL speculation ! Until PBM come clean about it NOBODY including you or me knows precisely what's going on with their operation !

It is purely scam operation <<< Most precisely as possible.

Yes perhaps !

 

[AirWolf]

Mr. PBMINING:

I can testify that those threats are being made, however some will be empty and some may not, i think the only thing that will get the things back to normal is to FIX THE LOWERING PAYOUTS PROBLEM, PAY YOUR CUSTOMERS, AND BUSINESS AS USUAL.

We know you have the money, just do the right thing, we know who you are, so there is no going back from there, now that we know you name and how do you look like, this is the best time to act as a serious businessman and from that point forward, everything will be better for you and for us.

Don't play the victim card: Everyone is expecting to see how you deal with this, you are young and have a lot of life in front of you, but also remember that The Net Does Not Forget, so it depends on you if that lot of life in front of you will be easier or tougher, because 6000+ people badmouthing and threatening for the some years to come, not counting some ugly threats will make you desire that you have come back to this moment and acted like you were expected to act.

[investor respect]

holly shit you are dumb- its just a counter - you dont think those numbers are actually tied to any machine do you? if what you are saying is true,(pb) then their would be variance over and above 99% as much as there is below --- think before you insist on being stupid

It's ALL speculation ! Until PBM come clean about it NOBODY including you or me knows precisely what's going on with their operation !

 

how fuking dumb are you. i am not talking about a single thing that can be speculated.what i said is undeniable fact of all things not just mining.god dam it shut up stop lie trolling.if its down 10 % there would be days above 10%. thats true for everything in the world ever.that is not up for debate stop talking , go to a thread for yourself and name it "fantasy made up bull shit thread- where mathimatical facts are not real!!!"

[odlal]

holly shit you are dumb- its just a counter - you dont think those numbers are actually tied to any machine do you? if what you are saying is true,(pb) then their would be variance over and above 99% as much as there is below --- think before you insist on being stupid

It's ALL speculation ! Until PBM come clean about it NOBODY including you or me knows precisely what's going on with their operation !

 

how fuking dumb are you. i am not talking about a single thing that can be speculated.what i said is undeniable fact of all things not just mining.god dam it shut up stop lie trolling.if its down 10 % there would be days above 10%. thats true for everything in the world ever.that is not up for debate stop talking , go to a thread for yourself and name it "fantasy made up bull shit thread- where mathimatical facts are not real!!!"

Ah but Mathematics is what us Humans use as a representation of the Universe ... have you heard of Quantum Physics by the way ? It sort of puts a different light on things that way

Like for example you think of your Body as a whole but actually it's made up of a vast number of Electrons and Protons etc which are in themselves mostly empty space ... so it depends on the context as to whether or not Maths can be said to be Factual !

But that's getting off the topic somewhat

My point stands though : You do not and cannot KNOW how their Payouts are calculated, but yes you are free to make an Educated Guess just like everyone else ...

 

[Syke]

My point stands though : You do not and cannot KNOW how their Payouts are calculated, but yes you are free to make an Educated Guess just like everyone else ...

It used to be posted on the website but have since removed it so they can change the terms of the contract anytime they want.

https://web.archive.org/web/20140719195343/http://www.pbmining.com/

At Piggyback Mining, we cover the electricity costs and all pool fees.

Oh, look, they removed that from the website also. Anyone who ordered a contract before that was removed from the website is being stolen from.

[btcminer84]

@ odlal, gadur and (m)other fuckers: GH/s means Hash power (Gigahashes per second). The difficulty is another important factor to put into the calculation. It is as simple as that. Plus the time (604800 seconds per week) and the time to find the block based on the difficulty, GH/s and time frame. Thats all. But PBMining is skimming since a few weeks.

[kotwica666]

all right. but where is the evidence? just asking?

[galdur]

@ odlal, gadur and (m)other fuckers: GH/s means Hash power (Gigahashes per second). The difficulty is another important factor to put into the calculation. It is as simple as that. Plus the time (604800 seconds per week) and the time to find the block based on the difficulty, GH/s and time frame. Thats all. But PBMining is skimming since a few weeks.

OK, so this skimming is evidently widespread in the cloudmining

industry. Have you pointed this out yet in other threads ?

[investor respect]

holly shit you are dumb- its just a counter - you dont think those numbers are actually tied to any machine do you? if what you are saying is true,(pb) then their would be variance over and above 99% as much as there is below --- think before you insist on being stupid

It's ALL speculation ! Until PBM come clean about it NOBODY including you or me knows precisely what's going on with their operation !

 

how fuking dumb are you. i am not talking about a single thing that can be speculated.what i said is undeniable fact of all things not just mining.god dam it shut up stop lie trolling.if its down 10 % there would be days above 10%. thats true for everything in the world ever.that is not up for debate stop talking , go to a thread for yourself and name it "fantasy made up bull shit thread- where mathimatical facts are not real!!!"

Ah but Mathematics is what us Humans use as a representation of the Universe ... have you heard of Quantum Physics by the way ? It sort of puts a different light on things that way

Like for example you think of your Body as a whole but actually it's made up of a vast number of Electrons and Protons etc which are in themselves mostly empty space ... so it depends on the context as to whether or not Maths can be said to be Factual !

But that's getting off the topic somewhat

My point stands though : You do not and cannot KNOW how their Payouts are calculated, but yes you are free to make an Educated Guess just like everyone else ...

 

you are the dumbest mother fucker on earth,you know what a gh pays out , we know if the payout is below that, we know that the payout was exactly 99% eversingle time. then with 99% every time the gh started to be taken away,we know that, we know that pb and when i say pb i am refering to you (because nobody gets robbed and defends the person stealing. so you are pb) we know that pb started to take away from the payout. we know that people started to notice. and we know you are a made up person who just said a bunch of shit that didnt make sense. we know that if it were mining based the payout would not be 99% and less than 99% without being over 99% as well . so we can say with absolute certainty that the way the calculations were performed were wrong. we dont have to wait for an explanation of what happend to know with certanty that you pb were wrong. if what you said was true btc per hour would vary and it does not. the pb calculations would not pass a p-test and the null hypothesis would be rejected

[galdur]

Payouts per gh per day SHA

PBM 1000 = skimming

Genesis Mining 1000 = skimming

AMHASH1 800 = skimming

Hashie 750 = skimming

GAW 700 = skimming

Can´t have it both ways.

[galdur]

So, is this skimming scandal being discussed around these threads ?

[btcminer84]

@ investor respect, I totally agree with you in all points posted in this threads.

[galdur]

How about this:

PBM 1000 = skimming

Genesis Mining 1000 = just because

AMHASH1 800 = that´s how it is

Hashie 750 = high electricity costs

GAW 700 = you dumbass don´t get it

[btcminer84]

PBMining is scam due to the reduced payouts. forum members like odlal, pbmining, galdur and those forists are Jason "PBMining.com" Boyko itself.

[galdur]

PBMining is scam due to the reduced payouts. forum members like odlal, pbmining and galdur other "new" forum members are Jason "PBMining.com" Boyko itself.

How about putting your finger more on the skimming argument.

[galdur]

Let´s say Genesis Mining started paying 900 tomorrow.

Would this mean that they started skimming and therefore

are a scam ?

What if they paid 1100 two months ago and it fell to 1000

a month ago? Would they have been running a scam for two

months now?

[galdur]

I sincerely hope that asking for definition of loose terms

being thrown around isn´t considered rude.

[jimmothy]

How about this:

PBM 1000 = skimming

Genesis Mining 1000 = just because

AMHASH1 800 = that´s how it is

Hashie 750 = high electricity costs

GAW 700 = you dumbass don´t get it

Do you not understand how contracts work?

AMhash, hashie, GAW, Hashnest, Cointerra, cex.io , zeushash and so on, all have daily fees clearly disclosed.

PBmining has never had fees and always paid the theoretical yield (zero variance and zero electricity costs)

[camsarria]

Today i saw a vicious atack from a group of persons against one of the services that provide cloud mining in the scene.

And honestly claims were made that the whole thing was a scam, with all different types of conjectures and theories.

After that i saw the same people spreading the same posts like wildfire in several forums.

And this has been a trend latelly.

The company that was mentioned as a scam was also reported as going under, dying, etc

Well , if i hadn't saw the forums i would say this was a regular day, had no complains about the operator, but this got me to think and i would like to post my opinion, wich is only an opinion, its up to you to read it, take it, or leave it.

When you go to get groceries do you demand the shop owner pictures of the pig getting slaughtered when you buy sausages? or do you demand the cofee bean certificate if you buy cofee? or do you demand the picture of the tree where the apples you got came from?

Cloud mining is a service, and a business that provides a product that one can buy or not, and as any business the owner has the right or previlege to set the rules where his business stands, or how visible or transparent his service is.

As customers we have the right to buy the product that we like and agree with the most, if we want a transparent product we select the company that has an effort to make its business model transparent, as customers we have the obligation to ourselves to act responsible and always with common sense. - no cloud mining services are transparent, so they either have a chance on being sucessfull or being a scam there are no guarantees, and thats something that will trouble us as long as we are investing in the industry; but there are some rules that can minimize our worries.

My model is simple, invest small in a multitude of businesses, you wont earn as much as if you invested in one place but one thing is for sure, if one of those businesses is a scam you will loose 1/5 of your money instead of the full ammount.

Dont reinvest 100% of your earnings, leave one week of earning for reinvestment and the rest of the week for own profit, leave the week where you reinvest for last, we never know if something awfull happens and you will have your earning money ready to use for any emergency.

Dont assume something is a scam unless it actually scams you - dont bother contemplating and asking your self "is it a scam or is it not?" you are wasting your energy and causing yourself an ulcera, and remember if you invest carefully you will only loose a small portion of your investment.

Consult badbitcoins - this is the local police here these guys will pinpoint sites that actually scam for real and leave them in a list, always consult before making an investment.

If its too good to be true... - who cares, as long as they pay you - check if the sites have a long history, if a site has 1 year or more of experience and a good reputation, invest a small ammount there, why be missing on the benefits everyone has been getting, yes it could be a scam in the future as everyone else ... or not you never know.

And for last...i do hope people gain a bit of common sense before banding into mobs accusing busineses of something they didnt do yet - if you had a restaurant and someone demanded you to reveal the recipe of best dish would you give them the details? of course not other restaurants would copy it! however if you didnt complied would you like to see a crowd of people insulting your business, scaring customers around and trashing the place? come on some common sense.

This is my 2 cents.. satoshis, or hashpoints

Best regards

camsarria

[miner454]

The worst is yet to come.  PBmining is hashing super slow.

Top Hashrate (GHS):  112856   
18-hr reward:  0.13157154

At this rate, this is not even going to reach 1.0 BTC by next week.  

I believe this account mined around 8 BTC last week.
https://blockchain.info/address/15wcWZ3qdadnvkJUshBmQNb9Ec3HJY5Wos

Whoever owns this contract is gonna be sad.

Anyone care to speculate why the reward counter is slow in a 24-hr period?  Did the ninja pop the smoke and run?