Post
Topic
Board Service Discussion
Re: PBmining - legit?
by
Muhammed Zakir
on 03/11/2014, 05:09:25 UTC
Everyone seems to be missing something.

Say they are very charming and managed to get free mining hardware, free cooling, free rent and a free giant 10mw data center. That's great, well done PB! It's still impossible to run 1 Gh/s for 5 years for less than a dollar in electricity alone in the cheapest country in the world.

This simple fact should end any discussion as to whether they're mining or not. 
there's no way they do real mining with hardware Cheesy
the calculation didn't meet, they won't make profit if do real mining

Yup 0.0015 btc per GH/s looks to be too good to be true, when you factor in the maintenance and electricity cost for mining for 5 years.
The problem is, how far will the it go until the scheme collapses.

  If you had no costs at all, it would be very easy to continue as long as you have fresh money coming in.  Stop feeding the piggy!


The more they feed, the more they get. So it won't stop. Even if some persons stop, newbies will feed it as it is cheap. Roll Eyes

   ~~MZ~~