Bitcoin Forum

Economy => Auctions => Topic started by: miaviator on January 26, 2014, 03:37:09 PM



Title: [ENDS: 1.27|5PM GMT] 2Mhash Scrypt 24 hour Lease #1LC01&2
Post by: miaviator on January 26, 2014, 03:37:09 PM
Up for auction is 5 x 24 hour leases of 2,000Khash of scrypt mining power.

5 days are available!  Please bid in Quantity @ Price incriments
If you bid on all 5 days it would be: 5@0.02BTC
This is not a uniform price auction. 
The five highest bids will win a 24 hour slot in order of bid posting time.

Starting Bid:0.02BTC each
Bid Incriment:0.005BTC each
Invalid Bids will be rounded up

Lease Time: 1 Day/24 Hours
Miner: LC01 & LC02

Auction ends 5PM GMT 1/27/2014
Payment and pool information due by lease start time.
Slot 1) Lease Begins 1/27/2014 7PM GMT and lasts through 1/28/2014 7PM GMT 
Slot 2) Lease Begins 1/28/2014 7PM GMT and lasts through 1/29/2014 7PM GMT 
Slot 3) Lease Begins 1/29/2014 7PM GMT and lasts through 1/30/2014 7PM GMT 
Slot 4) Lease Begins 1/30/2014 7PM GMT and lasts through 1/31/2014 7PM GMT 
Slot 5) Lease Begins 1/31/2014 7PM GMT and lasts through 2/1/2014 7PM GMT

Timer is for reference only.  The forum time-stamp will count as the official timer.
http://gifcountdown.com/africa-abidjan/1390838400/141414/0f0f0f/aaaaaa/fdfdfd/faedad/true/counter.gif

Lease Features:
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:

Buyer: Highest bidder by public post at the close of the auction.
Seller: cyclops
Lease Term: Listed in auction
Hash Rate: Listed in auction
Business Day: 5PM to 10PM GMT+1
Miner: Listed in auction

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 (c/s)gminer on Windows 7 64bit.
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 (c/s)gminer. 
6. Buyer may further choose to solo mine coins based on client availability for Windows 7 64bit. 
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 (c/s)gminer after HW errors are taken into account.  Pool rejects/stales/availability are not considered a decrease in the provided hashing power.


Proof of Hashing Power:
http://imagizer.imageshack.us/v2/800x600q90/600/h9u9.png
http://imagizer.imageshack.us/v2/800x600q90/855/nb5g.png


Title: Re: [ENDS: 1.27|5PM GMT] 2Mhash Scrypt 24 hour Lease #1LC01&2
Post by: Kapz786 on January 26, 2014, 03:46:01 PM
5@0.02BTC


Title: Re: [ENDS: 1.27|5PM GMT] 2Mhash Scrypt 24 hour Lease #1LC01&2
Post by: cyclops on January 26, 2014, 03:49:27 PM
I confirm this auction.


Title: Re: [ENDS: 1.27|5PM GMT] 2Mhash Scrypt 24 hour Lease #1LC01&2
Post by: hasher87 on January 26, 2014, 04:23:46 PM
2@0.025


Title: Re: [ENDS: 1.27|5PM GMT] 2Mhash Scrypt 24 hour Lease #1LC01&2
Post by: Huus on January 26, 2014, 05:14:07 PM
3@0.025


Title: Re: [ENDS: 1.27|5PM GMT] 2Mhash Scrypt 24 hour Lease #1LC01&2
Post by: kache on January 26, 2014, 05:20:18 PM
1@0.03


Title: Re: [ENDS: 1.27|5PM GMT] 2Mhash Scrypt 24 hour Lease #1LC01&2
Post by: subseaguru on January 26, 2014, 05:31:57 PM
3@0.035


Title: Re: [ENDS: 1.27|5PM GMT] 2Mhash Scrypt 24 hour Lease #1LC01&2
Post by: miaviator on January 26, 2014, 05:35:51 PM
High Bids:
subseaguru 3 @ .035
kache 1 @ .03
Huus 1 @ .025

Outbid:
Huus 2 @ .025
hasher87 2 @ .025
Kapz 5 @ .02


Title: Re: [ENDS: 1.27|5PM GMT] 2Mhash Scrypt 24 hour Lease #1LC01&2
Post by: gavgav on January 26, 2014, 05:59:20 PM
1 @0.03
1@0.035


Title: Re: [ENDS: 1.27|5PM GMT] 2Mhash Scrypt 24 hour Lease #1LC01&2
Post by: Huus on January 26, 2014, 06:59:14 PM
1@0.035


Title: Re: [ENDS: 1.27|5PM GMT] 2Mhash Scrypt 24 hour Lease #1LC01&2
Post by: miaviator on January 26, 2014, 07:05:43 PM
High Bids:
subseaguru 3 @ .035
Huus 1 @ .035
gavgav 1 @ .035

Outbid:
Kapz 5 @ .02
hasher87 2 @ .025
Huus 2 @ .025
Huus 1 @ .025
kache 1 @ .03
gavgav 1 @ .03


Title: Re: [ENDS: 1.27|5PM GMT] 2Mhash Scrypt 24 hour Lease #1LC01&2
Post by: Khanduras on January 27, 2014, 08:16:31 AM
Two at .035


Title: Re: [ENDS: 1.27|5PM GMT] 2Mhash Scrypt 24 hour Lease #1LC01&2
Post by: miaviator on January 27, 2014, 12:41:03 PM
Two at .035

You would have to go 2 @ .04 current high bids are all @ .035


Title: Re: [ENDS: 1.27|5PM GMT] 2Mhash Scrypt 24 hour Lease #1LC01&2
Post by: cyclops on January 27, 2014, 04:46:49 PM
Only 15 mins left!


Title: Re: [ENDS: 1.27|5PM GMT] 2Mhash Scrypt 24 hour Lease #1LC01&2
Post by: miaviator on January 27, 2014, 05:08:01 PM
Winning bidders:

subseaguru 3 @ .035 Slots 1-3
0.105BTC 18TWc8fAZQsKBQ8EnSkK2eXzwtjrdJGx2E

Huus 1 @ .035 Slot 4
0.035BTC 165Ansa89EvPcrFRvqZqRRBjmRcJkDVMP5

gavgav 1 @ .035 Slot 5
0.035BTC 1HMpkP47e8EKtLGJ6DP7nwq7UY13QKs5B7

Please PM pool info and txid