Bitcoin Forum

Economy => Auctions => Topic started by: miaviator on February 03, 2014, 04:26:50 PM



Title: 2Mhash Scrypt 7 Day Lease #6LC01&2 [END:2.5|5PM GMT]
Post by: miaviator on February 03, 2014, 04:26:50 PM
Up for auction is a 7 Day lease of 2,000Khash+ of scrypt mining power.

Starting Bid:0.025BTC
Bid Incriment:0.01BTC
Buy It Now: 0.25BTC
Reserve Price: Undisclosed
Invalid Bids will be rounded up

Lease Time: 7 Days/168 Hours
Miner: LC01 & LC02

Auction ends 5PM GMT 2/5/2014
Payment and pool information due within 24 hours.
Lease Begins when payment and pool info are confirmed and ends 7 days after.

Timer is for reference only.  The forum time-stamp will count as the official timer.
http://gifcountdown.com/africa-ouagadougou/1391616000/141414/0f0f0f/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.



Title: Re: 2Mhash Scrypt 7 Day Lease #6LC01&2 [END:2.5|5PM GMT]
Post by: cyclops on February 03, 2014, 04:47:36 PM
I confirm this auction.


Title: Re: 2Mhash Scrypt 7 Day Lease #6LC01&2 [END:2.5|5PM GMT]
Post by: wickedsick on February 03, 2014, 06:43:38 PM
0.1 BTC


Title: Re: 2Mhash Scrypt 7 Day Lease #6LC01&2 [END:2.5|5PM GMT]
Post by: Clayce on February 03, 2014, 11:26:05 PM
1.1BTC  8)


Title: Re: 2Mhash Scrypt 7 Day Lease #6LC01&2 [END:2.5|5PM GMT]
Post by: Clayce on February 03, 2014, 11:26:51 PM
1.1BTC  8)

EDIT: .11 !!!! lol


Title: Re: 2Mhash Scrypt 7 Day Lease #6LC01&2 [END:2.5|5PM GMT]
Post by: miaviator on February 03, 2014, 11:51:07 PM

Welcome to the edit free auction board  ;D

Bid confirmed as 0.11BTC


Title: Re: 2Mhash Scrypt 7 Day Lease #6LC01&2 [END:2.5|5PM GMT]
Post by: miaviator on February 03, 2014, 11:53:41 PM
There is a reserve price on this which is lower than the BIN.  I should have included proof of the reserve price so here is a hash of the reserve and payment address that can be verified when the auction is over: b910a956bc189cfe776a773f6e5092d6533af124f318b47212b68e3fd3456f72


Title: Re: 2Mhash Scrypt 7 Day Lease #6LC01&2 [END:2.5|5PM GMT]
Post by: leancuisine on February 03, 2014, 11:56:59 PM
0.12


Title: Re: 2Mhash Scrypt 7 Day Lease #6LC01&2 [END:2.5|5PM GMT]
Post by: hasher87 on February 04, 2014, 03:57:42 AM
0.13


Title: Re: 2Mhash Scrypt 7 Day Lease #6LC01&2 [END:2.5|5PM GMT]
Post by: gavgav on February 04, 2014, 07:59:07 AM
0.14


Title: Re: 2Mhash Scrypt 7 Day Lease #6LC01&2 [END:2.5|5PM GMT]
Post by: zgock on February 04, 2014, 01:12:01 PM
0.15


Title: Re: 2Mhash Scrypt 7 Day Lease #6LC01&2 [END:2.5|5PM GMT]
Post by: zgock on February 04, 2014, 01:37:12 PM
ooouts! my wallet is not enough.
plz cancel bid. :'(


Title: Re: 2Mhash Scrypt 7 Day Lease #6LC01&2 [END:2.5|5PM GMT]
Post by: miaviator on February 04, 2014, 03:34:39 PM
0.15

ooouts! my wallet is not enough.
plz cancel bid. :'(

I'll accept the bid cancellation.

0.14

High bidder is gavgav at 0.14BTC


Title: Re: 2Mhash Scrypt 7 Day Lease #6LC01&2 [END:2.5|5PM GMT]
Post by: amazon4btc on February 04, 2014, 04:07:45 PM
il give you a $250 amazon voucher if you want to do a deal now  ;)


Title: Re: 2Mhash Scrypt 7 Day Lease #6LC01&2 [END:2.5|5PM GMT]
Post by: miaviator on February 04, 2014, 04:15:37 PM
il give you a $250 amazon voucher if you want to do a deal now  ;)

$250*0.8 (20% off available on the forum so that is the value) at Preev (http://preev.com/btc/usd/source:bitstamp) is 0.2488BTC

I'll accept a bid of 0.2488BTC (*Adjustable at the time of payment) via equivalent goods but I can't end the auction for under .25BTC  ;D

High bid is 0.14BTC unless amazon4btc accepts.


Title: Re: 2Mhash Scrypt 7 Day Lease #6LC01&2 [END:2.5|5PM GMT]
Post by: miaviator on February 04, 2014, 04:44:51 PM
Updated: The forum members only regularly offer 10-15% off so this actually does end the auction.

Winning bid is buy it now > 0.25BTC

Sold to: amazon4btc

Proof of reserve price:
Code:
echo -n "Reserve: 0.195[btc] Payment Address: 17XYqJFu5etDD6Ck7zfzsmhf2UzTP9sVK2"|sha256sum
b910a956bc189cfe776a773f6e5092d6533af124f318b47212b68e3fd3456f72

Please PM code and pool info.


Title: Re: 2Mhash Scrypt 7 Day Lease #6LC01&2 [END:2.5|5PM GMT]
Post by: miaviator on February 04, 2014, 04:50:33 PM
Payment received.


Title: Re: 2Mhash Scrypt 7 Day Lease #6LC01&2 [END:2.5|5PM GMT]
Post by: amazon4btc on February 04, 2014, 05:00:14 PM
Payment received.

thanks its saying i have to wait a hour to send more pm so heres my pool ect

stratum+tcp://us.coinium.org:3336

worker is

imnottellingyou.worker

pass is x

pm me when its up and running thanks  ;D


Title: Re: 2Mhash Scrypt 7 Day Lease #6LC01&2 [END:2.5|5PM GMT]
Post by: miaviator on February 04, 2014, 05:22:35 PM
Backup pool or BTC address for middle coin?

I'm not a fan of running one pool without a backup  ;D


Title: Re: 2Mhash Scrypt 7 Day Lease #6LC01&2 [END:2.5|5PM GMT]
Post by: amazon4btc on February 04, 2014, 05:29:21 PM
Backup pool or BTC address for middle coin?

I'm not a fan of running one pool without a backup  ;D


back up pool
worker is

imnottellingyou.1

pass x

STRATUM:   stratum+tcp://fed.notnull.org
PORT:   3333