Bitcoin Forum

Economy => Auctions => Topic started by: miaviator on January 25, 2014, 04:49:43 PM



Title: [ENDS:1.26|11AM EST] 575Khash Scrypt 7 day lease #2L12
Post by: miaviator on January 25, 2014, 04:49:43 PM
Up for auction is a 7 day lease of 575Khash of scrypt mining power.

Starting bid: 0.055BTC 
Minimum bid increment: .005BTC
(So a .00513242 jump is valid)
 
Lease Time: 1 Week/7 Days/168 Hours
Miner: L12

Auction ends 11AM EST 1/26/2014
Payment and pool information due by lease start time.
Lease Begins 1/26/2014 5PM EST and lasts through 2/2/2014 5PM EST. 

Timer is for reference only.  The forum time-stamp will count as the official timer.
http://gifcountdown.com/america-new_york/1390730400/141414/0f0f0f/aaaaaa/fdfdfd/faedad/true/counter.gif

See our auction history here: https://bitcointalk.org/index.php?topic=420784.0

Lease Features:
  • Battery Backup
  • Three available networks
  • Backup miners in case of failure
  • Proven compensation with extra hashing power and/or refunds for downtime
  • 105%-110% rated performance provided
  • Ability to solo mine or setup scheduled pool changes

Quote
Agreement to lease scrypt mining power/dedicated miner (intagible):

Buyer: Highest bidder by public post at the close of the auction.
Seller: miaviator/gnar1ta$
Lease Term: Listed in auction
Hash Rate: Listed in auction
Business Day: 10AM to 6PM EST M-F excluding US holidays.
Miner: Listed in auction
Redundancy: Automatic Power, Manual Network, Manual Backup Miner.

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 sgminer or cgminer on Ubuntu Linux 12.04 LTS.
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 sgminer or cgminer.
6. Buyer may further choose to solo mine coins based on client availability for Ubuntu Linux 12.04 LTS. 
7. Buyer may request changes to the dedicated miner either by a predefined schedule or criteria or once 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 sgminer or cgminer after HW errors are taken into account.  Pool rejects/stales/availability are not considered a decrease in the provided

hashing power.

If this dedicated miner is auctioned at the end of the lease term the current buyer will receive a 10% discount on their posted bid to continue mining without changes.


Title: Re: [ENDS:1.26|11AM EST] 575Khash Scrypt 7 day lease #2L12
Post by: hasher87 on January 25, 2014, 05:21:37 PM
0.065

lets go!!


Title: Re: [ENDS:1.26|11AM EST] 575Khash Scrypt 7 day lease #2L12
Post by: TechByPC on January 25, 2014, 05:31:46 PM
.1


Title: Re: [ENDS:1.26|11AM EST] 575Khash Scrypt 7 day lease #2L12
Post by: gavgav on January 25, 2014, 09:31:08 PM
.1

Wow. That went up quick!


Title: Re: [ENDS:1.26|11AM EST] 575Khash Scrypt 7 day lease #2L12
Post by: Kapz786 on January 26, 2014, 02:01:55 AM
Just wanted to thank miaviator and gnar1ta$  for their assistance with the last lease - highly recommend them great communication best of luck to the bidders for this one


Title: Re: [ENDS:1.26|11AM EST] 575Khash Scrypt 7 day lease #2L12
Post by: SCOnline on January 26, 2014, 04:16:15 AM
BTC0.177


Title: Re: [ENDS:1.26|11AM EST] 575Khash Scrypt 7 day lease #2L12
Post by: gnar1ta$ on January 26, 2014, 04:44:34 AM
Just wanted to thank miaviator and gnar1ta$  for their assistance with the last lease - highly recommend them great communication best of luck to the bidders for this one

Thanks Kapz.

BTC0.177

Can you confirm this bid?


Title: Re: [ENDS:1.26|11AM EST] 575Khash Scrypt 7 day lease #2L12
Post by: hasher87 on January 26, 2014, 05:47:22 AM
BTC0.177

Can you confirm this bid?
[/quote]lol post no.3


Title: Re: [ENDS:1.26|11AM EST] 575Khash Scrypt 7 day lease #2L12
Post by: hasher87 on January 26, 2014, 05:48:09 AM
^lol post no.3


Title: Re: [ENDS:1.26|11AM EST] 575Khash Scrypt 7 day lease #2L12
Post by: hasher87 on January 26, 2014, 05:48:39 AM
*edit:


Title: Re: [ENDS:1.26|11AM EST] 575Khash Scrypt 7 day lease #2L12
Post by: miaviator on January 26, 2014, 05:33:34 PM
BTC0.177

Sold.

0.177BTC

17AwTg2SD9uHfab2dJ16iMy7WC6GaXguW2

Payment and pool information is due by 5PM to start the lease.

This bid wasn't confirmed so if payment is not confirmed (1 confirm) by 4PM the second highest bid will become valid:

.1



Title: Re: [ENDS:1.26|11AM EST] 575Khash Scrypt 7 day lease #2L12
Post by: miaviator on January 26, 2014, 09:26:14 PM
Payment and pool info received. 

Queued for autostart at 5PM EST