Shame to see PBMining finally die, although I guess this outcome was to be expected after they collapsed several months ago. If I remember correctly, they also had advertisements here on the forums as well. Many people spoke about them positively and their projected returns were much better than the competition (in retrospect, I guess this was a sign of it being a ponzi). I considered buying a contract from them but ultimately decided against it.
Cloudmining is going into history books as a synonym for ponzi and scam. Are there still any active cloudmining sites?
Most cloud mining companies have failed and were revealed to be ponzis in disguise but there are some that are still alive. Very few (if any) return any sort of profit however. Check out
this thread for a regularly updated list of them.
Some of the more notable ones which are still chugging along include the likes of Genesis Mining, Hashnest, Cryptsy's tradeable mining contracts, and CEX.IO (the option to continue cloud mining was switched off by default due to the falling BTC price but it's possible to switch it back on by changing your account settings).
Cloudmining is going into history books as a synonym for ponzi and scam. Are there still any active cloudmining sites?
I still have some hashpower with Genesis-Mining although it doesn't return much in reality, they seem to be able to continue and are still selling contracts.
Genesis Mining is usually considered to be one of the more legitimate cloud mining companies out there. That doesn't mean it definitely won't collapse though. AMHash enjoyed a similar reputation until earlier this year.