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Board Services
Re: PB Mining -- 5 year mining contracts!
by
Anyayakubu
on 08/09/2014, 20:46:20 UTC
Thanks! Payment received. The amount is lowering. According to my calculation, it would take approximately 3 years to get what we invested. Roll Eyes I think, we will have to wait for a looong time... Smiley
           
            The past history and the math shows this is incorrect.  Contracts have payed off in 22 weeks or less.  there are 260 weeks in a 5 yr contract. right now April contracts are reaching break even in approximately 22 weeks.In my case 21 weeks.  Other months will also reach break even, not in 22 weeks but slightly higher. A contract bought in July will not take 3 years. Three years is 156 weeks,  My estimate  is much closer to 26 to 28 weeks. This still doesn't mean your going to earn a lot  from this, but it important to keep the correct math in mind when working with this. Often I hear on this thread people using the word never. Never is bad math, never is a failing grade in math. Pb mining is going to reach breakeven, but its a matter of how many weeks and how many weeks are you willing to expend your assets, to receive a very small amount later on when difficulty has increased and block halfing.  Those of you who bought April contracts, take a look, your either already reached breakeven or are soon to achieve it.

 







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