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Re: PB Mining -- 5 year mining contracts!
by
rodeoclownicp
on 12/06/2014, 13:05:52 UTC
Spondoolies Tech seems to indicate that PBmining it's a ponzi:

This is not endorsement to buy CBCM, but I look at PBMINING cost. The electricity alone for 5 years cost a lot more than the contract cost per $/GHs
Either it is a pyramid or they expect to replace with new hardware at an unrealistic rate. Do the math.

Guy

quoted from https://bitcointalk.org/index.php?topic=647360.0.
i am also confused with their low rates.No one can provide this service on these rates.it looks like a ponzi or hyip

low rates?? its over 2.5usd per gh??? relative speaking low, but per gh with the eficiency  of buying power and 28nm..no