Bitcoin Forum

Hey there,

I've just made some calculations and ended up with me being better off, supporting an american miner than to mine myself (which I'll do additionally anyway since I already bought a 5870) due to  the big difference in electricity costs.


I may want to buy approx. 500-1000 Mh/s.

If you got anything, send me an offer.

Thanks a lot.

I'd need cash to set up another machine for you plus electricity costs but otherwise I could administer one for you no problem.

I wouldn't know the best way to go about "renting" hashing. I was thinking of splitting the cost of a mining rig and going somewhere close to 60/40 (to cover electricity) for the output, but it'd be too easy for the miner to disconnect you and leave you hanging since there is no way for anyone to enforce the contract (and the admin has the physical computer, making it a very high risk for the rentee/investor). Anyone have any experiences renting out hashing that can shine some light on this?

i would be easy i think.

person paying for the rended hashes, sets up their account with whatever pool they choose, they manage the bitcoin wallet, u just tell your "hashes supplier" where to point the miners

right?

aye I was thinking about renting out space In my box but 60/40 type share that would help pay for future upgrades electric etc. I have a nice amd quad core sitting here with a xfire motherboard and a psu that will cope just fine with 3 gfx cards. But it only has a 5770 in atm. So would need someone to front up some cash to stick in some hardware. as a 5770 chugs along at 180 ish.

so for a 1200ish output that would be around a £450-500 outlay. for 3 5870s (yes I know they can push more than that once they have been tinkered with)

But there is the trust aspect as well that I will not run off with the persons cash.

part of me says that I should just go out buy the cards and hope the market does not crash around me. The other 1/2 thinks I should get someone or people go in with me on a share to limit the loss if any.

I am bilding a new 4*6950 rig tonight, should be up and runnind by Suinday latest.
I was thinking of selling shares as I have a few ppl amongst my friends who are interested but aren't willing to hassle with all the exchange stuff etc.

However, I'm not sure how to price it.

Am I going to make this

a subscription type thing (50€ for 1/x of the BTC of X months)?
a fixed amount thing (50€ for x% of all BTC ever)?
a mhash thing (x€ per mhash/month)?

if someone has any experience here, please advise!

Hallo Uhrenknecht,

Ich wohn in Deutschland und hab ne Stromflatrate. Fernwerwaltung wär kein problem (am einfachsten über teamviewer).

I would rent my 550 mh/s for $20 a day.  This beats most other offers, and is neg.!

I would be willing to rent 500 to 1000 mhash, toss me a fair offer, pay weekly upfront, and I mine to your pool account.

Check out my signature, and this thread : http://forum.bitcoin.org/index.php?topic=17421.0