Bitcoin Forum

Economy => Services => Topic started by: BtcNmcMiner on July 01, 2011, 06:27:06 AM



Title: Mining Contracts for sale 200 Mhash/s or 400Mhash/s 2-8 months Btc or USD
Post by: BtcNmcMiner on July 01, 2011, 06:27:06 AM
Hello all,

I have the extra capacity to rent out (2) 200 Mhash/s or (1) 400 M/hash per second mining contracts. Prices are listed below and can be paid in Bitcoins or USD. Contract must be paid in advance.

Why? - I'm looking to add to my mining capacity, I will probably offer more contracts as capacity grows.

How? - I am running Guiminer on Windows and will connect to any pool you like, I just need a username and password, I do not need your pool username and password, just your worker username and password. If you like, I can set up an account at any pool you like and send you the login info where you can change the login password and add your wallet address yourself. If you need any more details, please ask.

Prices? -
   
Number    of Months   200 MHash/s USD   200 MHash/s Btc   400 MHash/s USD   400 MHash/s Btc  
2150927017
32101338024
42651648030
63802469043
84803090056

You will get my personal email address and phone number when you buy a mining contract from me. I will accept cash, paypal (possible restrictions), dwolla, or bitcoins for payment, other options possible, pm me if you have another payment suggestion. Also, please PM me or post with any questions, comments, concerns, etc.

Thanks!


Title: Re: Mining Contracts for sale 200 Mhash/s or 400Mhash/s 2-8 months Btc or USD
Post by: shakaru on July 03, 2011, 02:40:19 AM
Ill pay you half that. Otherwise not profitable.


Title: Re: Mining Contracts for sale 200 Mhash/s or 400Mhash/s 2-8 months Btc or USD
Post by: BtcNmcMiner on July 03, 2011, 03:02:52 AM
You'll notice that the longer term contracts are at a significant discount over the shorter term ones. If you are looking for a long enough term, we may be able to work something out. What might you have in mind?


Title: Re: Mining Contracts for sale 200 Mhash/s or 400Mhash/s 2-8 months Btc or USD
Post by: shakaru on July 03, 2011, 04:25:03 AM
Even at that rate its still unprofitable. If you look around the forum too, I can get a much nicer deal.


Title: Re: Mining Contracts for sale 200 Mhash/s or 400Mhash/s 2-8 months Btc or USD
Post by: BtcNmcMiner on July 03, 2011, 04:43:37 AM
Actually I did look before offering this service, I thought I was rather reasonable compared to other similar offers.

I figured my pricing on an average difficulty increase of 25% every 10 days, and an increase in Btc - USD exchange of 10% every 25 days. Many other services seem to be priced as though difficulty never increases. I added approximately 30% to the expected bitcoin return over the shortest time frame to cover electricity and maintenance/upkeep of hardware and administration, keeping everything running. For longer contracts I have significantly reduced the additional percentage added on.

What do you get for this? You get bitcoins, freshly mined (this is valuable to some people). You also have control over what pool(s) you support or you can mine namecoins. You can mine bitcoins with no electricity cost, no need to worry about administration or hardware upkeep etc. For someone without the hardware or experiance, contracts are an easy way to get into mining. You also get to add to your mining capacity as a hedge against bitcoin difficulty going down. If you buy bitcoins now, you have a set amount, if you mine bitcoins, and dificultyu goes down in the future, you have the chance of getting more bitcoins for the same money, you will then make more profit on the next upswing.




Finally, I asked you to make an offer of what you would be willing to pay for my service, I can be flexible to an extent. If you are unwilling to do so, or you are not actually looking for mining services, then you are simply trolling and I'll ask you to please not do that in my thread.


Title: Re: Mining Contracts for sale 200 Mhash/s or 400Mhash/s 2-8 months Btc or USD
Post by: shakaru on July 03, 2011, 05:12:45 AM
I sent you a pm


Title: Re: Mining Contracts for sale 200 Mhash/s or 400Mhash/s 2-8 months Btc or USD
Post by: BtcNmcMiner on July 03, 2011, 05:43:35 AM
I sent you a pm

Responded, Thanks!


Title: Re: Mining Contracts for sale 200 Mhash/s or 400Mhash/s 2-8 months Btc or USD
Post by: BtcNmcMiner on July 04, 2011, 07:59:27 PM
Bump -

Since there is a difficulty update coming soon, I will knock 10% off of all the prices in the first post!  :)