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Re: PB Mining -- 5 year mining contracts!
by
ranlo
on 28/05/2014, 05:45:09 UTC
Rly good post man. And kinda correct. I invested in PB , bought 5ghs with 0.051 btc, its been 3 months now and im almost even.


My experience is similar. Weekly return is about 8-10%. So, your buy is paid for in about 10-12 weeks. The other 4 years and 40 weeks is all profit.

If this wasn't profitable, people wouldn't be buying it. And, buying 30GHS for $76 for 5years at PBMinning is MUCH cheaper than the $299 for 1 year you pay at Cloudhashing.


Based on what I can tell, 1.1 GH/s (which is about 5 mBTC) gives a 9% yield right now per week. Buying into this right now should end up at least breaking even due to the fast rate of return (every 2 weeks it will slow down a bit, but the 5 years should give more than enough time for breaking even and profiting).

just curious how much btc do u thin 1000gh would produce in total years 2-5

That's a hard one. There's a calculator online but I always forget the URL. Anyways, someone can probably link it but there's one that will tell you the future years (based on today's progression) and help come up with estimates.