|
Title: 1 week mining contracts? Post by: Snowpea on April 24, 2012, 12:30:57 AM Would it be easy for me to sell 1 week mining contracts for my setup? ~3.2 G/hash or is this too small?
Wondering if there would be much interest in these kinds of deals. Does anyone have experience with arrangements like these? Please feel free to share. Title: Re: 1 week mining contracts? Post by: Rainarrow on April 24, 2012, 06:53:26 AM I think 3.2Gh/s is decent. I've seen people sell contracts for 2x6990(~1.5Gh/s) before.
Title: Re: 1 week mining contracts? Post by: DeaDTerra on April 24, 2012, 01:52:48 PM I bought a mining contract for 500 000 shares with a hash speed of about 3.5 Ghash, I think it's easier to sell the contract if you state share numbers instead of a speed. As it makes it more exact and is not effected by downtime :)
//DeaDTerra Title: Re: 1 week mining contracts? Post by: Snowpea on April 24, 2012, 04:19:31 PM what would be a competitive price for this hashrate? and if i do it by shares, i wouldn't want to eat the cost of the stales if the pool they ask me to point to has high stale rate :-( although it is nice to have an easier way to measure it by
Title: Re: 1 week mining contracts? Post by: DeaDTerra on April 24, 2012, 04:22:28 PM what would be a competitive price for this hashrate? and if i do it by shares, i wouldn't want to eat the cost of the stales if the pool they ask me to point to has high stale rate :-( although it is nice to have an easier way to measure it by No you say x amounts of shares independent if they are rejected,stale or accepted. The risk for that is on the purchaser. I would bid 15 BTC for 500 000 shares, if I can point them to any pool :)Title: Re: 1 week mining contracts? Post by: max in montreal on April 24, 2012, 05:38:49 PM id point to anyones pool if I was offered BTC for my 3878 Mhash/s for a week...what is the math to calculate shares?
Title: Re: 1 week mining contracts? Post by: DeaDTerra on April 24, 2012, 05:57:05 PM id point to anyones pool if I was offered BTC for my 3878 Mhash/s for a week...what is the math to calculate shares? You can use this calculator you put in 50 as difficulty and the amount of coins= amount of shareshttp://www.alloscomp.com/bitcoin/calculator.php I think that's correct at least :) //DeaDterra Title: Re: 1 week mining contracts? Post by: pyramids on April 25, 2012, 04:52:31 PM How do mining contracts work?
I want to build an ASIC miner, but am more keen in the challenge and actually being able to finance it than operating the miner. So either selling the result or renting it out sounds rather interesting. Title: Re: 1 week mining contracts? Post by: DeaDTerra on April 25, 2012, 05:07:17 PM How do mining contracts work? Either you sell a amount of hashing power or a amount of shares, for a certain amount of BTC :)I want to build an ASIC miner, but am more keen in the challenge and actually being able to finance it than operating the miner. So either selling the result or renting it out sounds rather interesting. //DeaDTerra Title: Re: 1 week mining contracts? Post by: prismspecs on April 25, 2012, 08:46:28 PM Do big financial firms have huge BTC operations I wonder?
Title: Re: 1 week mining contracts? Post by: DeaDTerra on April 26, 2012, 08:44:01 AM Do big financial firms have huge BTC operations I wonder? There are some big ASIC companies starting up but none that I know of is actually mining atm, most of them are at the idea or planning stage of their development.//DeaDTerra Title: Re: 1 week mining contracts? Post by: Graet on April 26, 2012, 01:07:48 PM Do big financial firms have huge BTC operations I wonder? nobut some are investigating BTC Title: Re: 1 week mining contracts? Post by: Snowpea on April 26, 2012, 01:55:11 PM i'm on your pool graet :-)
Title: Re: 1 week mining contracts? Post by: bitbonus on April 26, 2012, 11:45:54 PM What are the power price at your place? I have turn off my 2x6990, because i currently will pay around 15% more for the power than I will get for the bitcoins.
Title: Re: 1 week mining contracts? Post by: Snowpea on April 27, 2012, 04:48:49 AM live in an apartment where it's inclusive in rent and not metered
|