PBmining



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Sr. MemberActivity: 378Merit: 250 Recovery program beginning in January for PB Mining customers. December 09, 2014, 09:51:08 PM

Last edit: December 13, 2014, 07:20:50 AM by PBmining #1 Unfortunately the extreme harassment and threats since the posting of a Facebook profile with friends/family information has lead to some horrible losses thanks to some very shady people with unreasonable demands. This is an attempt to reach out and give customers what is left, even if it means liquidating personal assets to help. I will start the process now of looking at customers on a case-by-case basis and doing what I can to help. Any refunds in December will be aimed at those who have suffered "extreme" losses due to reduced payout. I will begin to look at the remaining majority of accounts in January.



Questions may go unanswered for awhile, but that is because there is a lot of work to do. Please be patient. Unfortunately it will be impossible to make everyone happy but a very honest attempt will be made.



For those who are wondering, the owner is not laughing all the way to Mexico. Losses have been substantial due to complete invasion of privacy and some very harsh blackmail that followed thereafter, but there will be a strong attempt to make things right even if it is unsuccessful.















Did you know?: Most of our hash power comes from other sources. We are now specialized in the resale of cloudmining contracts through our associates!

SpanishSoldier



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Sr. MemberActivity: 560Merit: 255 Re: Recovery program beginning in January for PB Mining customers. December 09, 2014, 10:06:25 PM #7 Quote from: PBmining on December 09, 2014, 09:51:08 PM Unfortunately the extreme harassment and threats since the posting of a Facebook profile with friends/family information has lead to some horrible losses thanks to some very shady people with unreasonable demands. This is an attempt to reach out and give customers what is left, even if it means liquidating personal assets to help. I will start the process now of looking at customers on a case-by-case basis and doing what I can to help. Any refunds in December will be aimed at those who have suffered "extreme" losses due to reduced payout. I will begin to look at the remaining majority of accounts in January.



Questions may go unanswered for awhile, but that is because there is a lot of work to do. Please be patient. Unfortunately it will be impossible to make everyone happy but a very honest attempt will be made.



For those who are wondering, the owner is not laughing all the way to Mexico. Losses have been substantial due to complete invasion of privacy and some very harsh blackmail that followed thereafter, involving thoughts of suicide over some matters, but there will be a strong attempt to make things right even if it is unsuccessful.





Do u plan to register a case against HaveLock and AM hash for privacy invasion ? Do u plan to register a case against HaveLock and AM hash for privacy invasion ? CPD Token - DeFi on Decentralized Browser Network

david123



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Hero MemberActivity: 966Merit: 1002 Re: Recovery program beginning in January for PB Mining customers. December 09, 2014, 10:20:46 PM #11 It was not a warmhearted thank you, but I have to acknowledge that

Jason must have had some hard days. I really believe he's not a profi

criminal but a youngster who had a very stupid idea and missed the opportunity

to stop it at an early point. While I want my money back, I don't wish him

bad things like others here. I hope he learned his lesson for life.

Puppet



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LegendaryActivity: 980Merit: 1008 Re: Recovery program beginning in January for PB Mining customers. December 09, 2014, 10:27:44 PM #13 Quote from: david123 on December 09, 2014, 10:20:46 PM It was not a warmhearted thank you, but I have to acknowledge that

Jason must have had some hard days. I really believe he's not a profi

criminal but a youngster who had a very stupid idea and missed the opportunity

to stop it at an early point. While I want my money back, I don't wish him

bad things like others here. I hope he learned his lesson for life.



He's not that young. He must be well over 30. And for some perspective, Pirate is facing up to 40 years of jail time and $40M in fine so far for his bitcoin ponzi.

I may find that exaggerated, but Jason just paying back whatever he wants to pay back, without even coming clean about what he did, that aint nearly enough for him to learn his lesson. He's not that young. He must be well over 30. And for some perspective, Pirate is facing up to 40 years of jail time and $40M in fine so far for his bitcoin ponzi.I may find that exaggerated, but Jason just paying back whatever heto pay back, without even coming clean about what he did, that aint nearly enough for him to learn his lesson.

guitarplinker



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LegendaryActivity: 1680Merit: 1006 Re: Recovery program beginning in January for PB Mining customers. December 09, 2014, 10:44:04 PM #15



Quote from: admin@pbmining.com "Contract" is a broad term used in Bitcoin Mining, and is not necessarily reflective upon a piece of paper that you would normally sign and date. I can describe your very simple terms to you through e-mail.



1. No refunds on a contract if a payout has already been made.

2. Hash power efficiency will never change from what it is now, even if we have technical issues. Our insurance covers you so that you will always receive the proper payments.

3. Contract will end in 5 years after it has been activated.



If you have any more questions please let me know.

In the simple terms of their "contract" it says that the contract will end "5 years after it has been activated." So if PBMining stops paying out and rather just paying a lump sum out to "contract" holders, I believe that would be breaching their "contract" terms.



However since it isn't a true contract, I'm not sure how much of a legal case could be made against PBMining / Jason with this point. This is all really interesting. I didn't think PBMining "contracts" were true contracts, so I asked customer support a few months ago for a copy of the "contract" and here's what they said:In the simple terms of their "contract" it says that the contract will end "5 years after it has been activated." So if PBMining stops paying out and rather just paying a lump sum out to "contract" holders, I believe that would be breaching their "contract" terms.However since it isn't a true contract, I'm not sure how much of a legal case could be made against PBMining / Jason with this point.

odlal



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Full MemberActivity: 151Merit: 100 Re: Recovery program beginning in January for PB Mining customers. December 09, 2014, 11:13:43 PM #16 Quote from: PBmining on December 09, 2014, 09:51:08 PM Unfortunately the extreme harassment and threats since the posting of a Facebook profile with friends/family information has lead to some horrible losses thanks to some very shady people with unreasonable demands.



Quote from: PBmining on December 09, 2014, 09:51:08 PM Losses have been substantial due to complete invasion of privacy and some very harsh blackmail that followed thereafter, involving thoughts of suicide over some matters, but there will be a strong attempt to make things right even if it is unsuccessful.



Well I do hope no-one has come to any Injury or Physical Harm !



So given the apparent severity of the threats you've :



1) given in to their demands and paid up

OR

2) contacted the Authorities, passed on all of the evidence of said threats and paid up

OR

3) contacted the Authorities, passed on all of the evidence of said threats



Please can you confirm the "Account Balance" is now accruing at about 1/10 of what it should be doing because it has been deliberately set like that and that it's NOT a technical error ? Thank you.



Well I do hope no-one has come to any Injury or Physical Harm !So given the apparent severity of the threats you've :1) given in to their demands and paid upOR2) contacted the Authorities, passed on all of the evidence of said threats and paid upOR3) contacted the Authorities, passed on all of the evidence of said threatsPlease can you confirm the "Account Balance" is now accruing at about 1/10 of what it should be doing because it has been deliberately set like that and that it's NOT a technical error ? Thank you.