Quote from: thirdprize on December 16, 2014, 09:03:31 AM

Quote from: thirdprize on December 15, 2014, 08:44:38 AM

FWIW i have a couple of contracts under a couple of names and they both got payments last night. Both were 60Ghz and got 0.000242 each. Roughly 10% of what they got last week. A couple for 5 or 6 Ghs did not. I think the amounts were probably what the formula was predicting.

Silly question, but was there some sort of EULA/contract we had to agree to stating what the terms were when we signed up? I don't remember one. If we can't actually say "this is what was agreed between us and Jason" then I'm not sure what sort of claim we have?

So the 5 and 6Ghs were frozen last week but the 60Ghs got a payout this week. Anyone with less than 50 or 10 Ghs get a payout? I wonder what the cut off point is?

Could he still be paying out to cover his backside? All the while he is delivering (albeit at a reduced rate) he is still in business and we have less of an argument.

Am I right guessing the 5 and 6 GHs contracts where much older than the 60GH ?

As for the original contract, here ya go:

Quote

There are no mining pool fees to the customer. We cover our own mining fees from our pool workers which the customer will never have to see.

Instead, the customer is payed based on this fixed formula, taken right from our PHP script:

$per24 = ($totalHashingPower * 25 / $difficulty) * (60 * 60 * 24 * 65535 * pow(10,6) / pow(2,48));

This formula is standard with all Bitcoin Profit Calculators.

https://bitcointa.lk/threads/pb-mining-5-year-mining-contracts.238321/page-7#post-4610327

The post was later edited and replaced with "A+B=C" or something along those lines, but you cant just retroactively change a contract.