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Re: PB Mining -- 5 year mining contracts!
by
5ick3uffalo
on 30/03/2014, 13:04:46 UTC
do you guys really expect this company will last 5 years ?

Reasonably speaking a 1 year contract and a 5 year contract will pay out essentially the same thing. Hardware that's 1 year old at this point can no longer be run profitably due to its inefficient energy use compared to modern equipment, and suffice to say that the current equipment will be made obsolete before a terribly long time.
If they last even 1 year, and bitcoin price doesn't explode, crash, it'll have been a win for most of the investors. Smiley

First months / year is most important and all that matters for me.

5 year or 5000 years contract i don´t care.