Skip to main content

PB Mining Continued

A follow up to a previous blog about PB Mining from last week. I recieved my first payout from my 100GH/s contract last night and it came up to 0.01557916 BTC. Technically it ran for about 3 days (give or take a couple hours). So let's do a little estimation, if that was my payout after 3 days; let's say my average weekly payout at this difficulty is approximately 0.0363513733331 BTC. Any calculation with bitcoin mining is subject to a lot of variation because of "pool luck", but this is just an estimate.

 

Last week I speculated the yield of a 100GH/s contract with a profitability calculator to be 0.0336 BTC per payout (once a week). It could be that my pool luck was just high during this period of mining, or the rate that i'm receiving is a little but higher than the GH/s contract that I've purchased.

So far the PB Mining contract has been an interesting side project. More updates to come on the progress and payouts of the contract as mining difficulty increases.

Remember to check out PB Mining for yourself here, or the image below.


Labels:
Location: Toronto, ON, Canada

Comments

Post a Comment

Popular posts from this blog

Mining ZCash(ZEC) on windows

I spent some time trying out a few different pieces of software to try to figure out one that works best for me. I have 2 good options for mining ZCash, both for the coin and using NiceHash to auto convert it to BTC for you. Option 1 Download the NiceHash Miner Run the miner (install steps) Put in your btc address and your worker name Run the benchmark (depending on your number of devices this can take some time, however, it's worth it). Once the benchmark has completed, simply click "Start" This option will be mining with NiceHash, however, it auto converts coins into btc. This may not be what you're looking for, so see option 2. Option 2 Download the latest release of nheqminer Extract Create a run.bat file Here's a couple examples for your run.bat file Examples AMD 1 GPU nheqminer_zcash.exe -l usa -u YOUR-ZCASH-ADDRESS-HERE -t 6 -od 0 NVIDIA 1 GPU nheqminer_zcash.exe -l usa -u YOUR-ZCASH-ADDRESS-HERE -t 6 -cd 0 ...
Post a Comment
Read more

BTC-Flow

Today I'll be giving a bit of a look into BTC-Flow . It's a game based bitcoin faucet that has me pretty into it. No more of the jumping from site to site clicking your way through pop ups and other fun activities. The concept of the game is that you run a  company. At first, your company mines bitcoin and has a earning rate of 0.0000015 BTC/Min and your max capacity is 0.000012 BTC. Your part in running this company is getting the bitcoin from your company either before or after your max capacity is hit. You then need to click once your bitcoin capacity is reached to put that balance into your main bank. From here you basically repeat this as much as you'd like. If you really enjoy this, you can "level" your business with bitcoin to increase capacity and earning/min at any point. If you like faucets, you need to check this out . BTC-Flow.com
5 comments
Read more

Mining in the Outdoors

Forget the heat, lets mine in the snow So, I've been mining inside for about a year, normally with one or two pieces of hardware. I lived in a one room apartment then, so the heat and noise was a bit crazy. Luckily I live in a proper several room flat with a fairly large balcony, which will now be the new stage for my small mining farm. What's involved So all that's really involved is as follows: 1 x large rubbermaid storage unit 2 x 6 inch vents 2 x 4 inch vents 1 x 6 inch blower fane 1 x 4 inch blower fan 2 x 3 slot extension cords 1 x router 3 x ethernet cords 1 x piece of cardboard for a divider 3 x miner PSU 3 x Antminer S5 Here's a little video of the rig that I have set up: So now you should have an idea of exactly how it's set up. There's many ways to build an outdoor unit like this, but this was just my vision. I just wanted to go through some of the reasoning behind how its set up, to help educate some of your decisio...
Post a Comment
Read more