Bitcoin Forum

Economy => Auctions => Topic started by: spartan82 on January 07, 2014, 09:52:03 AM



Title: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: spartan82 on January 07, 2014, 09:52:03 AM
Im putting up one of my miners for a 7 day lease. Here are some pics of the miner.
It's mining constantly over 2.6Mh/s but im calling it 2.5Mh/s for arguments sake.

https://i.imgur.com/TrkRCHy.jpg

https://i.imgur.com/HsipjuS


Starting bid is .01BTC

Bid increment is .005BTC

Any invalid bids will be rounded UP to the nearest valid incriment.

Auction ends 5PM EST 1/8/2014

Payment and pool information is due by lease start time.

Lease Begins 1/8/2014 6PM EST and lasts through 1/15/2014 6PM EST.


Lease terms: (thanks to miaviator for letting me use the following)

Quote
Buyer: Highest bidder by public post at the close of the auction.
Seller: spartan82
Lease Term: 7 Days
Hash Rate: 2500-2600Khash
Business Day: 10AM to 6PM EST M-F.

Buyer agrees to pay the amount of the winning bid in BTC up front to Seller in exchange for a lease of scrypt mining power at the above defined hash rate +/-5% variance.

1. seller will host a dedicated miner for the buyer for the duration of the lease term.
2. seller will provide hash power using cgminer 3.7.2 on Windows 7.
3. seller will cover any and all hosting/electric/cooling/network/hardware/maintenance costs.
4. Seller will reimburse buyer for downtime on an hourly basis (in one hour blocks) based on: contract price / lease term / 24 hours * hours of downtime = x BTC per hour

5. Buyer may choose what pool(s) to mine with failover, load-balance, quota, and other multi-pool options available in cgminer. 
6. Buyer may further choose to solo mine coins based on client availability for Windows 7. 
7. Buyer may request changes to the dedicated miner either by a predefined schedule or criteria or twice per business day. Changes may take up to 8 business hours for implementation if not scheduled.

8. Sellers maximum liability is limited to the initial purchase price decreasing per hour the purchased hash power is available.
9. Any increase in hashing power will not be considered a breach by either party.
10. Hash per second numbers are as reported by cgminer after HW errors are taken into account.  Pool rejects/stales/availability are not considered a decrease in the provided hashing power.

Im able to access my miner remotely so if the winning bidder has a request to change pools, a simple message to my bitcointalk.org account will notify me by email and if I happen to be away from home I can remotely change from my phone. No stress!

Any more questions, feel free to ask..






Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: spartan82 on January 07, 2014, 09:53:53 AM
second image..
https://i.imgur.com/MgcdmPJ.jpg


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: squall1066 on January 07, 2014, 10:07:29 AM
I will start 0.01


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: SStalin on January 07, 2014, 11:21:24 AM

 0.02


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: WorldWideBTC on January 07, 2014, 12:49:07 PM
Bidding @ 0.025


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: pmq on January 07, 2014, 12:59:38 PM
0.03


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: yakuza699 on January 07, 2014, 02:56:35 PM
0.035


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: LDR on January 07, 2014, 03:57:39 PM
0.04


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: yakuza699 on January 07, 2014, 04:50:32 PM
0.045


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: TheOrri on January 07, 2014, 05:56:15 PM
0.05  :)


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: damiano on January 07, 2014, 06:09:58 PM
.1


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: leancuisine on January 07, 2014, 06:23:02 PM
0.105


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: damiano on January 07, 2014, 07:46:38 PM
.13


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: spartan82 on January 08, 2014, 02:37:51 AM

I've had a PM in regards to shares as seen in the above pic why it's showing the way it is, thought I might shed light to it here, for those that don't understand the rig is solo mining TAG coins- two blocks have been solved since the beginning of this thread- hashes perfect normal.


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: yakuza699 on January 08, 2014, 01:18:59 PM
0.135


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: yakuza699 on January 08, 2014, 03:51:40 PM
0.135

Probably going to win this.


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: EnJoyThis on January 08, 2014, 08:59:28 PM
BTC0.14


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: yakuza699 on January 08, 2014, 09:11:00 PM
0.145


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: EnJoyThis on January 08, 2014, 09:15:41 PM
0.145

I hate those time zones....

Aeen't you 11min late??


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: spartan82 on January 08, 2014, 09:18:25 PM
0.145

I hate those time zones....

Aeen't you 11min late??

Sorry guys didnt know how else to do it, next time ill actually have a counter on here and we will work with that. There is just under 50mins left, 0.145 highest bid so far..


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: EnJoyThis on January 08, 2014, 09:20:01 PM
0.145

I hate those time zones....

Aeen't you 11min late??

Sorry guys didnt know how else to do it, next time ill actually have a counter on here and we will work with that. There is just under 50mins left, 0.145 highest bid so far..

So will end 10pm forum time?


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: damiano on January 08, 2014, 09:21:57 PM
0.15


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: spartan82 on January 08, 2014, 09:26:56 PM
http://wwp.greenwichmeantime.com/time-zone/usa/eastern-time/ (http://wwp.greenwichmeantime.com/time-zone/usa/eastern-time/)

Yes that makes it 10pm forum time, again so sorry for the confusion guys, next time I will go by the forum time.


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: chadwickx16 on January 08, 2014, 09:52:43 PM
0.155


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: damiano on January 08, 2014, 09:58:41 PM
.16


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: EnJoyThis on January 08, 2014, 09:59:44 PM
0.165


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: damiano on January 08, 2014, 10:00:01 PM
.17


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: spartan82 on January 08, 2014, 10:03:01 PM
.17

damiano im sorry but im afraid that was sniped just 1 second too late, i am going to have to honour EnJoyThis's bid of 0.165 BTC. Congratulations, I will pm the bitcoin address and gather pool details to set up. Will have more auctions straight after with more miners if this goes well. Thanks guys!


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: Jsnow on January 09, 2014, 01:10:48 AM
I missed this one, will check in 7 days if you'll relist it!


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: spartan82 on January 09, 2014, 02:13:08 AM
I missed this one, will check in 7 days if you'll relist it!

Ill keep everyone posted I may be renting more out after this, if everything runs smooth ill definitely rent out a few of my miners and give everyone a chance at mining that are looking to try before they buy their own or just can't own one period. I think it's a pretty smart service to provide and not a greedy one at that  :)


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: miaviator on January 12, 2014, 06:08:18 AM
(thanks to miaviator for letting me use the following)

Thanks for asking  :) 

I approve this message.


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: Blazed on January 12, 2014, 03:33:09 PM
I have wowed with Spartan before with rig rentals..stand up guy!  Maybe I should try and auction all my hashing power!  Are we allowed to only auction for BTC's???


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: spartan82 on January 12, 2014, 09:39:33 PM
I have wowed with Spartan before with rig rentals..stand up guy!  Maybe I should try and auction all my hashing power!  Are we allowed to only auction for BTC's???

Thanks for the feedback blazed much appreciated bud.. I noticed you were selling off some of your rigs, hope it goes well for you. Auctioning off for BTC seems the way to go these days, I didn't hear back from you, I offered a couple of times but I just assumed it was too much trouble for you at the time. Let me know what you're thinking if you have a number in mind for the lot and well see if we can work something out. Up to u bud


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: Blazed on January 12, 2014, 11:43:53 PM
I have wowed with Spartan before with rig rentals..stand up guy!  Maybe I should try and auction all my hashing power!  Are we allowed to only auction for BTC's???

Thanks for the feedback blazed much appreciated bud.. I noticed you were selling off some of your rigs, hope it goes well for you. Auctioning off for BTC seems the way to go these days, I didn't hear back from you, I offered a couple of times but I just assumed it was too much trouble for you at the time. Let me know what you're thinking if you have a number in mind for the lot and well see if we can work something out. Up to u bud

Well last time I had 6 people renting and it wan a hassle.  Wonder how many BTC I'd get for a 80 MH..


Title: Re: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease
Post by: spartan82 on January 13, 2014, 12:10:44 AM
I have wowed with Spartan before with rig rentals..stand up guy!  Maybe I should try and auction all my hashing power!  Are we allowed to only auction for BTC's???

Thanks for the feedback blazed much appreciated bud.. I noticed you were selling off some of your rigs, hope it goes well for you. Auctioning off for BTC seems the way to go these days, I didn't hear back from you, I offered a couple of times but I just assumed it was too much trouble for you at the time. Let me know what you're thinking if you have a number in mind for the lot and well see if we can work something out. Up to u bud

Well last time I had 6 people renting and it wan a hassle.  Wonder how many BTC I'd get for a 80 MH..

Big numbers! Lol ill send you an offer via PM soon maybe we can work something out. Otherwise auctions the best way to go :)