Bitcoin Forum

Bitcoin => Mining => Topic started by: ThePanCakeKid95 on April 13, 2012, 07:37:52 PM



Title: Does anyone still offer Mining Contracts?
Post by: ThePanCakeKid95 on April 13, 2012, 07:37:52 PM
Hello, I'm just wondering if anyone offers mining contracts? Any information would be greatly appreciated :)


Title: Re: Does anyone still offer Mining Contracts?
Post by: SgtSpike on April 13, 2012, 07:42:29 PM
gpumax.com, basically.


Title: Re: Does anyone still offer Mining Contracts?
Post by: yochdog on April 13, 2012, 07:51:39 PM
Hello, I'm just wondering if anyone offers mining contracts? Any information would be greatly appreciated :)

I offer them still (up to 25 GH/s).  The rub is I only direct the payout to the buyer, and many buyers these days want the actual hashing power directed their way. 

If interested in just the payout on a certain amount of GH/s, I can make something happen. 



Title: Re: Does anyone still offer Mining Contracts?
Post by: ThePanCakeKid95 on April 13, 2012, 08:00:51 PM
Hello, I'm just wondering if anyone offers mining contracts? Any information would be greatly appreciated :)

I offer them still (up to 25 GH/s).  The rub is I only direct the payout to the buyer, and many buyers these days want the actual hashing power directed their way. 

If interested in just the payout on a certain amount of GH/s, I can make something happen. 



Yes I am very interested could you please tell me more :)


Title: Re: Does anyone still offer Mining Contracts?
Post by: JL421 on April 13, 2012, 08:04:29 PM
I still do, and have ~3.4 GHash to point directly where you want it to go...


Title: Re: Does anyone still offer Mining Contracts?
Post by: ThePanCakeKid95 on April 13, 2012, 08:07:12 PM
I am very interested in both of your porposials :) could you tell me the cost per either Mh/s or Gh/s :) and contract terms


Title: Re: Does anyone still offer Mining Contracts?
Post by: yochdog on April 13, 2012, 09:10:24 PM
Hello, I'm just wondering if anyone offers mining contracts? Any information would be greatly appreciated :)

I offer them still (up to 25 GH/s).  The rub is I only direct the payout to the buyer, and many buyers these days want the actual hashing power directed their way. 

If interested in just the payout on a certain amount of GH/s, I can make something happen. 



Yes I am very interested could you please tell me more :)

I generally sell 10 or 30 day contracts, at a slight discount to expected payout.  I garuantee the hash rate over the life of the contract, and you recieve the payments daily. 

A 10 day contract would sell for approximately .60 BTC per day, per GH.  So 10 days of 1 GH/s would cost 6 BTC.  Scale up accordingly. 



Title: Re: Does anyone still offer Mining Contracts?
Post by: ThePanCakeKid95 on April 13, 2012, 09:14:09 PM
I am really interested :) how do I buy?


Title: Re: Does anyone still offer Mining Contracts?
Post by: JL421 on April 13, 2012, 09:27:03 PM
I am very interested in both of your porposials :) could you tell me the cost per either Mh/s or Gh/s :) and contract terms

I offer both share based contracts, and hash rate rentals for 7 days at a time...

I sell contracts at a slight premium, but you can point shares at any pool you want.

Share contracts sell for 0.375 BTC per 10,000 shares submitted, and if your pool starts throwing high stale rates out, I will suspend your purchase to protect you.

You can also purchase up to 500,000 shares at one time.

Hash Rate contracts run for 7 days and run on 2 teirs.

1,500 MHash/s for 8.35 BTC - This works out to 0.795 BTC per day per 1 GHash/s

3,000 MHash/s for 16 BTC - This works out to 0.762 BTC per day per 1 GHash/s


Title: Re: Does anyone still offer Mining Contracts?
Post by: [Tycho] on April 15, 2012, 02:59:54 AM
Hello, I'm just wondering if anyone offers mining contracts?
Yes.


Title: Re: Does anyone still offer Mining Contracts?
Post by: oo-oo on April 17, 2012, 02:14:48 PM

1,500 MHash/s for 8.35 BTC - This works out to 0.795 BTC per day per 1 GHash/s

3,000 MHash/s for 16 BTC - This works out to 0.762 BTC per day per 1 GHash/s

But with 1ghas u can generate  ~0.65 btc/day, why someone is going to pay 0.762 ?? I dont get it.


Title: Re: Does anyone still offer Mining Contracts?
Post by: yochdog on April 17, 2012, 02:38:03 PM

1,500 MHash/s for 8.35 BTC - This works out to 0.795 BTC per day per 1 GHash/s

3,000 MHash/s for 16 BTC - This works out to 0.762 BTC per day per 1 GHash/s

But with 1ghas u can generate  ~0.65 btc/day, why someone is going to pay 0.762 ?? I dont get it.

Ease of use, avoid electricity cost, etc.

The math is not as simple as:  $ cost of GPU/MH/s = cost per hash! 



Title: Re: Does anyone still offer Mining Contracts?
Post by: oo-oo on April 17, 2012, 02:47:05 PM

1,500 MHash/s for 8.35 BTC - This works out to 0.795 BTC per day per 1 GHash/s

3,000 MHash/s for 16 BTC - This works out to 0.762 BTC per day per 1 GHash/s

But with 1ghas u can generate  ~0.65 btc/day, why someone is going to pay 0.762 ?? I dont get it.

Ease of use, avoid electricity cost, etc.

The math is not as simple as:  $ cost of GPU/MH/s = cost per hash! 



Ok with that.

But if i want 10 BTC, i will need 1 GHas/day for 15,4 days, so i had to pay u 15 x 0.762 = 11,72 BTC (about 58,26 USD). But i can buy it directly in MTgox for about 50 (and about %5 less if i buy with cash to a local BTC seller...) and without waiting more than 15 days...

Still dont get it...


Title: Re: Does anyone still offer Mining Contracts?
Post by: yochdog on April 17, 2012, 03:27:02 PM

1,500 MHash/s for 8.35 BTC - This works out to 0.795 BTC per day per 1 GHash/s

3,000 MHash/s for 16 BTC - This works out to 0.762 BTC per day per 1 GHash/s

But with 1ghas u can generate  ~0.65 btc/day, why someone is going to pay 0.762 ?? I dont get it.

Ease of use, avoid electricity cost, etc.

The math is not as simple as:  $ cost of GPU/MH/s = cost per hash! 



Ok with that.

But if i want 10 BTC, i will need 1 GHas/day for 15,4 days, so i had to pay u 15 x 0.762 = 11,72 BTC (about 58,26 USD). But i can buy it directly in MTgox for about 50 (and about %5 less if i buy with cash to a local BTC seller...) and without waiting more than 15 days...

Still dont get it...

The only thing I can think of is not wanting to wire funds into an exchange?? 

I do agree the whole issue is fuzzy. 


Title: Re: Does anyone still offer Mining Contracts?
Post by: Raize on April 19, 2012, 04:39:03 PM
Mined coin is cheaper than exchange coin because it can be done anonymously. This is a way for Silk Road merchants to essentially "clean" their coin.


Title: Re: Does anyone still offer Mining Contracts?
Post by: P4man on April 19, 2012, 08:48:03 PM
OP, if you are still looking, there is an auction for a 1 million share mining contract in my sig.