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Re: PB Mining -- 5 year mining contracts!
by
PBmining
on 09/02/2014, 13:24:53 UTC
There is no miner with less than 1W/GHS. With makes in 5 years 50.000 kWh witch is min 5$ power expenses. You are now saying that you for the remaining 3,75$ you want to change hardware several times? Beside costs of Hosting maintenance etc...

I beg to differ that there is nothing less than 1W / Ghs.  I suggest you do a little research.  Wink  And even if you were right (which you're not), over 5 years there will be plenty of times to get more efficient power consumption as ASIC technology advances.  It only takes 1 change to completely destroy your estimate of $4 over 5 years.  Just ask the miners who are going to be changing out their avalons for neptunes, etc.  Nobody will be mining with the same hardware 5 years from now.. that's just silly.  That would be like someone still CPU mining for Bitcoins.
Anyways, I'm going to go and compile my payout list (its payday today!  Grin)  so have a great day.  Smiley



Do you Change to new Hardware on you own cost? or do you customers who bought a 5 year contract today have to pay for this?

Research? You are note willing to share with us what kind of magic Hardware you are using ? Wink


Changing to new hardware once over 5 years is a benefit for everyone, not a cost.. so of course my customers would not pay for it.
As for hardware, we are CPU mining of course.   Roll Eyes  (that's a joke by the way).  If you can't trust a contract from a registered business with an established ebay account, and hundreds of satisfied customers then this game isn't for you.

If you are willing to place a bet that we won't be around 5 years from now and still respecting our contracts, I would gladly bet against you.  Would you be willing to place this bet?