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Title: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: erskPeter on November 07, 2014, 12:42:26 PM This auctions is for an already running 42 TH/S cloud mining contract with Bitmine.ch.
The contract duration is 6 Months, and it started on 18 October. Price on Bitmine.ch website is 15100 USD for 10 TH/s, the total value of the contract is over 63000 USD, please bid accordingly. Escrow is welcome with a trusted community member, this auction will end on 13/11 at 21.00 GMT. https://i.imgur.com/rdxzxBr.jpg Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: erskPeter on November 08, 2014, 07:55:29 AM Maintenance fee is 80 USD / TH / month
Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: bidoh on November 08, 2014, 07:55:30 PM 1BTC
Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: markj113 on November 08, 2014, 09:33:18 PM 1BTC From 1st post - Quote rice on Bitmine.ch website is 15100 USD for 10 TH/s, the total value of the contract is over 63000 USD, please bid accordingly. I think 1BTC is going to cut it :D Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: bidoh on November 09, 2014, 01:06:43 AM ;)
Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: allinvain on November 09, 2014, 02:34:19 AM 1 BTC now and a promise to pay 1 btc when the btc/usd exchange reaches 63,000.
Crazy how overpriced this contract is, but so is all hardware these days anyways. Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: erskPeter on November 09, 2014, 06:48:51 AM 1 BTC now and a promise to pay 1 btc when the btc/usd exchange reaches 63,000. Crazy how overpriced this contract is, but so is all hardware these days anyways. Very entertaining :) Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: erskPeter on November 09, 2014, 07:55:57 AM More seriously, here is the mining revenue over 6 months, it takes as a reference 10% difficulty increase at each round :
https://i.imgur.com/G0AreHx.jpg I will sell this contract for 45 BTC, you can clearly make a good ROI with it :) Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: bidoh on November 09, 2014, 03:03:04 PM Thats ok if bitmine dont go bankrupt or fail to pay their electricity bill or massa doesnt buy a new ferrari to take himself to work. Only having one ferrari bought with your customers' money is a bit silly. Im sure he needs a fleet of ferraris. bitmine are scummy as fuck.
Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: erskPeter on November 09, 2014, 04:10:42 PM Thats ok if bitmine dont go bankrupt or fail to pay their electricity bill or massa doesnt buy a new ferrari to take himself to work. Only having one ferrari bought with your customers' money is a bit silly. Im sure he needs a fleet of ferraris. bitmine are scummy as fuck. Can you please take your unsolicited trolling to someshere else? cheers Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: markj113 on November 09, 2014, 04:24:13 PM he's just butt hurt his 1BTC bid didn't cut it ;D
Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: padrino on November 09, 2014, 05:52:15 PM More seriously, here is the mining revenue over 6 months, it takes as a reference 10% difficulty increase at each round : Sure that is the revenue with no maintenance, why don't you use the calculator to put that in as well to provide the expected return since that has a MASSIVE impact on the return, in short it will kill most of the BTC as your original screenshot already showed... Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: padrino on November 09, 2014, 05:55:38 PM More seriously, here is the mining revenue over 6 months, it takes as a reference 10% difficulty increase at each round : Sure that is the revenue with no maintenance, why don't you use the calculator to put that in as well to provide the expected return since that has a MASSIVE impact on the return, in short it will kill most of the BTC as your original screenshot already showed... So I took the opportunity to factor in maintenance as you stated, since it is USD against BTC at the time it is due best we can do is use current value... At the 10% you estimate in about 88 days the contract will go negative, what is Bitmine's T&Cs on that, in short are you obligated to pay when the mined coins do not cover maintenance? Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: the joint on November 09, 2014, 05:56:19 PM More seriously, here is the mining revenue over 6 months, it takes as a reference 10% difficulty increase at each round : https://i.imgur.com/G0AreHx.jpg I will sell this contract for 45 BTC, you can clearly make a good ROI with it :) No, you're not looking at 10% each "round," you're looking at 10% each month. This makes an enormous difference as this would mean ~5% each difficulty adjustment. Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: the joint on November 09, 2014, 05:57:54 PM More seriously, here is the mining revenue over 6 months, it takes as a reference 10% difficulty increase at each round : https://i.imgur.com/G0AreHx.jpg I will sell this contract for 45 BTC, you can clearly make a good ROI with it :) No, you're not looking at 10% each "round," you're looking at 10% each month. This makes an enormous difference as this would mean ~5% each difficulty adjustment. You should make this more clear. I've never once heard a month referred to as a "round" when talking about BTC difficulty. Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: ACCTseller on November 09, 2014, 06:06:18 PM More seriously, here is the mining revenue over 6 months, it takes as a reference 10% difficulty increase at each round : https://i.imgur.com/G0AreHx.jpg I will sell this contract for 45 BTC, you can clearly make a good ROI with it :) No, you're not looking at 10% each "round," you're looking at 10% each month. This makes an enormous difference as this would mean ~5% each difficulty adjustment. Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: ACCTseller on November 09, 2014, 06:09:29 PM Also do you have a reserve price? You mention what Bitmine.ch is charging on their website but fail to mention what you are willing to take for it
Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: erskPeter on November 09, 2014, 06:51:04 PM More seriously, here is the mining revenue over 6 months, it takes as a reference 10% difficulty increase at each round : https://i.imgur.com/G0AreHx.jpg I will sell this contract for 45 BTC, you can clearly make a good ROI with it :) No, you're not looking at 10% each "round," you're looking at 10% each month. This makes an enormous difference as this would mean ~5% each difficulty adjustment. Yes correct, i did not notice it is 10% monthly difficulty increase. Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: erskPeter on November 09, 2014, 06:52:33 PM More seriously, here is the mining revenue over 6 months, it takes as a reference 10% difficulty increase at each round : Sure that is the revenue with no maintenance, why don't you use the calculator to put that in as well to provide the expected return since that has a MASSIVE impact on the return, in short it will kill most of the BTC as your original screenshot already showed... So I took the opportunity to factor in maintenance as you stated, since it is USD against BTC at the time it is due best we can do is use current value... At the 10% you estimate in about 88 days the contract will go negative, what is Bitmine's T&Cs on that, in short are you obligated to pay when the mined coins do not cover maintenance? I doubt that contract will ever go negative, you are simply spreading FUD. Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: erskPeter on November 09, 2014, 06:53:46 PM I will sell this contract for 45 BTC, you can clearly make a good ROI with it :) Also do you have a reserve price? You mention what Bitmine.ch is charging on their website but fail to mention what you are willing to take for it Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: ACCTseller on November 09, 2014, 07:12:35 PM I will sell this contract for 45 BTC, you can clearly make a good ROI with it :) Also do you have a reserve price? You mention what Bitmine.ch is charging on their website but fail to mention what you are willing to take for it Maintenance fee is 80 USD / TH / month Oops, it looks like I missed that. If maintenance/electric cost is $80 per TH per month then it would cost $3,360 per month for the entire contract for maintenance. Assuming that difficulty increases 10% every 2016 blocks then maintenance would exceed revenue after 75 days and you would have lost ~37 BTC on the contract. If difficulty increases by 5% then maintenance would exceed revenue after 145 days (which is just before the end of the contract because it is already a month in) and you would end up losing ~30 BTC. If difficulty goes up by 1% then revenue would exceed maintenance for the rest of the contract, however after 162 days you would have lost ~14 BTC. In order to have any kind of ROI on this contract you would need to have difficulty decrease by ~2% every 2016 blocks (something I would consider extremely unlikely, especially over a 5 month period) which would result in a profit of ~1.9 BTC on a 45 BTC investment or a ~4.22% return. Source: bitcoinwisdom (https://bitcoinwisdom.com/bitcoin/calculator) Calculations: Code: Difficulty Increment: rates above Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: erskPeter on November 09, 2014, 07:20:19 PM I will sell this contract for 45 BTC, you can clearly make a good ROI with it :) Also do you have a reserve price? You mention what Bitmine.ch is charging on their website but fail to mention what you are willing to take for it Maintenance fee is 80 USD / TH / month Oops, it looks like I missed that. If maintenance/electric cost is $80 per TH per month then it would cost $3,360 per month for the entire contract for maintenance. Assuming that difficulty increases 10% every 2016 blocks then maintenance would exceed revenue after 75 days and you would have lost ~37 BTC on the contract. If difficulty increases by 5% then maintenance would exceed revenue after 145 days (which is just before the end of the contract because it is already a month in) and you would end up losing ~30 BTC. If difficulty goes up by 1% then revenue would exceed maintenance for the rest of the contract, however after 162 days you would have lost ~14 BTC. In order to have any kind of ROI on this contract you would need to have difficulty decrease by ~2% every 2016 blocks (something I would consider extremely unlikely, especially over a 5 month period) which would result in a profit of ~1.9 BTC on a 45 BTC investment or a ~4.22% return. Source: bitcoinwisdom (https://bitcoinwisdom.com/bitcoin/calculator) Calculations: Code: Difficulty Increment: rates above Your projections are too pessimistic. It remains to be seen what will be the difficulty adjustment for the interested period of time. Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: ACCTseller on November 09, 2014, 08:00:41 PM I will sell this contract for 45 BTC, you can clearly make a good ROI with it :) Also do you have a reserve price? You mention what Bitmine.ch is charging on their website but fail to mention what you are willing to take for it Maintenance fee is 80 USD / TH / month Oops, it looks like I missed that. If maintenance/electric cost is $80 per TH per month then it would cost $3,360 per month for the entire contract for maintenance. Assuming that difficulty increases 10% every 2016 blocks then maintenance would exceed revenue after 75 days and you would have lost ~37 BTC on the contract. If difficulty increases by 5% then maintenance would exceed revenue after 145 days (which is just before the end of the contract because it is already a month in) and you would end up losing ~30 BTC. If difficulty goes up by 1% then revenue would exceed maintenance for the rest of the contract, however after 162 days you would have lost ~14 BTC. In order to have any kind of ROI on this contract you would need to have difficulty decrease by ~2% every 2016 blocks (something I would consider extremely unlikely, especially over a 5 month period) which would result in a profit of ~1.9 BTC on a 45 BTC investment or a ~4.22% return. Source: bitcoinwisdom (https://bitcoinwisdom.com/bitcoin/calculator) Calculations: Code: Difficulty Increment: rates above Your projections are too pessimistic. It remains to be seen what will be the difficulty adjustment for the interested period of time. From the looks of it bitmine.ch is selling horribly overpriced contracts. If you can find an error in my numbers/assumptions/calculations then please let me know, as I may be interested in the potential for ROI is right. Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: erskPeter on November 09, 2014, 08:06:40 PM As the difficulty increase miners without a price rise, more miners will be soon forced to shut down. I am not sure we will continue to see the kind of exponential increase forever, of course mine is just a conjecture, as it is yours, nobody knows the outcome for certain. Besides, i am selling the contract just because an unexpected problem and immediate need of liquidity. What is your offer ?
Cheers Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: erskPeter on November 09, 2014, 08:08:10 PM i am sorry, i messed up the message. This is what i wanted to say :
As the difficulty increases without a price rise, more miners will be soon forced to shut down. I am not sure we will continue to see the kind of exponential increase forever, of course mine is just a conjecture, as it is yours, nobody knows the outcome for certain. Besides, i am selling the contract just because an unexpected problem and immediate need of liquidity. What is your offer ? Cheers Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: ACCTseller on November 09, 2014, 08:17:42 PM i am sorry, i messed up the message. This is what i wanted to say : You are correct that we will not see exponential increases forever but I can say that it will likely increase by a good 9% in roughly a week or so and difficulty has increased by at least 10% with very few exceptions this year. As the difficulty increases without a price rise, more miners will be soon forced to shut down. I am not sure we will continue to see the kind of exponential increase forever, of course mine is just a conjecture, as it is yours, nobody knows the outcome for certain. Besides, i am selling the contract just because an unexpected problem and immediate need of liquidity. What is your offer ? Cheers I am not sure you would want to see my offer as it would be well under 10 BTC (while you are asking for 45) nor that you would even take it seriously. Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: erskPeter on November 09, 2014, 08:48:02 PM i am sorry, i messed up the message. This is what i wanted to say : You are correct that we will not see exponential increases forever but I can say that it will likely increase by a good 9% in roughly a week or so and difficulty has increased by at least 10% with very few exceptions this year. As the difficulty increases without a price rise, more miners will be soon forced to shut down. I am not sure we will continue to see the kind of exponential increase forever, of course mine is just a conjecture, as it is yours, nobody knows the outcome for certain. Besides, i am selling the contract just because an unexpected problem and immediate need of liquidity. What is your offer ? Cheers I am not sure you would want to see my offer as it would be well under 10 BTC (while you are asking for 45) nor that you would even take it seriously. Your observation is correct, although during the last year we witnessed big changes in the mining scenario. For the time being there aren't new products being released so i am not expecting a massive rise in difficulty. I'd be willing to accept a reasonable offer, but i am afraid that anything under 10 btc isn't going to make it. Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: WeMineCoins on November 10, 2014, 12:01:38 AM You'd be wrong in assuming new products wont drop Q1 2015
Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: padrino on November 10, 2014, 12:24:10 AM More seriously, here is the mining revenue over 6 months, it takes as a reference 10% difficulty increase at each round : Sure that is the revenue with no maintenance, why don't you use the calculator to put that in as well to provide the expected return since that has a MASSIVE impact on the return, in short it will kill most of the BTC as your original screenshot already showed... So I took the opportunity to factor in maintenance as you stated, since it is USD against BTC at the time it is due best we can do is use current value... At the 10% you estimate in about 88 days the contract will go negative, what is Bitmine's T&Cs on that, in short are you obligated to pay when the mined coins do not cover maintenance? I doubt that contract will ever go negative, you are simply spreading FUD. Really? I used YOUR difficulty estimate increase you used earlier and YOUR maintenance price.. It's basic math and I asked a serious question since i want to understand the details before bidding but if you want to be an asshole then perhaps you should fuck off.... Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: bidoh on November 10, 2014, 12:34:00 AM 2BTC
Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: allinvain on November 10, 2014, 02:11:15 AM Why don't you just keep the contract and hope to get back even a small portion because there is no way anyone here is going to give you 62,000 for it. You can get the same amount of hashing power from bitmain (with S4s which are overpriced as well) for $26,250 roughly. It would require 21 S4s though, but someone who had that amount of cash on hand likely has a place to host them.
I won't even bother to bid because as a previous poster said all realistic (and smart) offers would have to be below 10 BTC. Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: nothing2seeHere on November 10, 2014, 02:16:55 AM The TOS of Bitmine.ch do not actually allow for the contracts to be transferred so you would be risking that any buyer would have the contract revoked and/or given back to the seller
Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: erskPeter on November 10, 2014, 04:41:13 AM 48 hours left
Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: mnmShadyBTC on November 10, 2014, 04:44:12 AM Why don't you just keep the contract and hope to get back even a small portion because there is no way anyone here is going to give you 62,000 for it. You can get the same amount of hashing power from bitmain (with S4s which are overpriced as well) for $26,250 roughly. It would require 21 S4s though, but someone who had that amount of cash on hand likely has a place to host them. In order for even a 10 BTC bid to be realistic for the buyer to potentially be able to ROI the price of bitcoin would need to increase substantially (without a corresponding increase in difficulty) so the maintenance (electric) fee will be a lower percentage of mining revenue I won't even bother to bid because as a previous poster said all realistic (and smart) offers would have to be below 10 BTC. Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: erskPeter on November 10, 2014, 05:14:40 AM Why don't you just keep the contract and hope to get back even a small portion because there is no way anyone here is going to give you 62,000 for it. You can get the same amount of hashing power from bitmain (with S4s which are overpriced as well) for $26,250 roughly. It would require 21 S4s though, but someone who had that amount of cash on hand likely has a place to host them. I won't even bother to bid because as a previous poster said all realistic (and smart) offers would have to be below 10 BTC. I don't want 62000 USD for it, i said i will accept a reasonable offer, but 10 btc isn't one. The contract will output much than that in my opinion. Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: bidoh on November 10, 2014, 02:57:08 PM in my opinion.
Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: vm_mpn on November 12, 2014, 05:02:56 AM Calculation is somewhat approximate and based on average BTC value during length of the contract at $400 with 20% monthly network difficulty adjustment (sorry if I'm risking actual BTC here I can not do 10% even if the actual difficulty will be close to 10% than to 20%)
42 TH/s with $3360 month maintenance and ~20% monthly diff adjustment Month 1 = $3000 Month 2 = $2400 Month 3 = $1920 Month 4 = $1536 Month 5 = $1230 Month 6 = $980 <= 6 Month Cut Off Total: ~$11,000 (27 BTC) If nothing goes terribly wrong ('it never does') you can expect to earn 26 - 28 BTC by the cutoff date. It is not 10 BTC contract for sure, but it's not 45 BTC contract either... Stay humble. Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: ScreamnShout on November 12, 2014, 05:10:00 AM Calculation is somewhat approximate and based on average BTC value during length of the contract at $400 with 20% monthly network difficulty adjustment (sorry if I'm risking actual BTC here I can not do 10% even if the actual difficulty will be close to 10% than to 20%) How did you come up with those revenue numbers? They are very different from above (maybe because you assume the difficulty does not change every two weeks but every 30 days, but even this would not account for the difference). 42 TH/s with $3360 month maintenance and ~20% monthly diff adjustment Month 1 = $3000 Month 2 = $2400 Month 3 = $1920 Month 4 = $1536 Month 5 = $1230 Month 6 = $980 <= 6 Month Cut Off Total: ~$11,000 (27 BTC) If nothing goes terribly wrong ('it never does') you can expect to earn 26 - 28 BTC by the cutoff date. It is not 10 BTC contract for sure, but it's not 45 BTC contract either... Stay humble. I would also say that 20% per month is a minimum that difficulty would rise which would work out to a little less then 10% every two weeks (compounded) Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: vm_mpn on November 12, 2014, 05:29:00 AM I think you are right S... I have been subtracting 20% a month after electric / maintenance fee which is wrong. Actual numbers look much more depressing. Double check me below and see if this is correct (more or less).
42 TH/s @ $3360 / Month Maintenance ~20% monthly diff adjustment Month 1 = $6400 - $3360 = $3040 Month 2 = $5120 - $3360 = $1760 Month 3 = $4096 - $3360 = $736 Month 4 = $3076 - $3360 = -$284 Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: ScreamnShout on November 12, 2014, 05:41:55 AM I think you are right S... I have been subtracting 20% a month after electric / maintenance fee which is wrong. Actual numbers look much more depressing. Double check me below and see if this is correct (more or less). Assuming that there is a difficulty increase of 10% every 2016 blocks (which is slightly more then 20% per month, then I calculate that you would receive ~8.63 BTC in mining revenue assuming 379 BTC/USD price to pay for the maintenance fee.42 TH/s @ $3360 / Month Maintenance ~20% monthly diff adjustment Month 1 = $6400 - $3360 = $3040 Month 2 = $5120 - $3360 = $1760 Month 3 = $4096 - $3360 = $736 Month 4 = $3076 - $3360 = -$284 Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: ScreamnShout on November 12, 2014, 05:44:59 AM Note: this also assumes that there is a zero chance the cloud mining provider is a scam (I am sure that some are) - although I would say their prices are certainly a scam as there is essentially zero chance that anyone paying their asking prices will ever ROI on their contract.
I think it also highlights the competitive advantage that PB mining has as you are prepaying for electric costs in BTC instead of paying electric/maintenance out of mining revenue. Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: vm_mpn on November 12, 2014, 06:21:26 AM I think it's Bitmine.ch hosting - they charge over $2k for 12 month 1TH/s hosting.
http://bitmine.ch/product/cloud-mining-hosting-plans-bitcoin/ (http://bitmine.ch/product/cloud-mining-hosting-plans-bitcoin/) Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: ScreamnShout on November 12, 2014, 06:33:37 AM I think it's Bitmine.ch hosting - they charge over $2k for 12 month 1TH/s hosting. This is their price they are selling their cloud mining contracts, which are at scam levels. I have not calculated just what would need to happen to potentially break even on their contracts, however I do know that it would involve the difficulty declining substantially over the term of the contracthttp://bitmine.ch/product/cloud-mining-hosting-plans-bitcoin/ (http://bitmine.ch/product/cloud-mining-hosting-plans-bitcoin/) Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: australwind on November 12, 2014, 08:32:01 AM 20 BTC
Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: bidoh on November 12, 2014, 04:25:48 PM hahahaha. good luck making 20BTC back
Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: RobertDJ on November 12, 2014, 06:05:51 PM hahahaha. good luck making 20BTC back 20 BTC I would say this is almost certainly a shill, no one in their right mind would ever bid that much for 42 TH/s worth of mining for only 5 monthsTitle: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: armedmilitia on November 12, 2014, 06:11:52 PM hahahaha. good luck making 20BTC back 20 BTC I would say this is almost certainly a shill, no one in their right mind would ever bid that much for 42 TH/s worth of mining for only 5 monthsFunny you say that, if you take a look in erskpeter's other auction thread... the same newbie account made an offer 4x higher than all the current winning bids. Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: RobertDJ on November 12, 2014, 06:24:35 PM hahahaha. good luck making 20BTC back 20 BTC I would say this is almost certainly a shill, no one in their right mind would ever bid that much for 42 TH/s worth of mining for only 5 monthsFunny you say that, if you take a look in erskpeter's other auction thread... the same newbie account made an offer 4x higher than all the current winning bids. Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: erskPeter on November 12, 2014, 06:27:00 PM hahahaha. good luck making 20BTC back 20 BTC I would say this is almost certainly a shill, no one in their right mind would ever bid that much for 42 TH/s worth of mining for only 5 monthsFunny you say that, if you take a look in erskpeter's other auction thread... the same newbie account made an offer 4x higher than all the current winning bids. I'm not even sure i will accept the offer, as i stated an higher target price. The contract will return obviously more than 20 BTC. I understand you guys want a deal, but there is no such a thing as a free lunch. Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: RobertDJ on November 12, 2014, 06:37:53 PM hahahaha. good luck making 20BTC back 20 BTC I would say this is almost certainly a shill, no one in their right mind would ever bid that much for 42 TH/s worth of mining for only 5 monthsFunny you say that, if you take a look in erskpeter's other auction thread... the same newbie account made an offer 4x higher than all the current winning bids. I'm not even sure i will accept the offer, as i stated an higher target price. The contract will return obviously more than 20 BTC. I understand you guys want a deal, but there is no such a thing as a free lunch. Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: padrino on November 13, 2014, 02:09:51 AM hahahaha. good luck making 20BTC back 20 BTC I would say this is almost certainly a shill, no one in their right mind would ever bid that much for 42 TH/s worth of mining for only 5 monthsFunny you say that, if you take a look in erskpeter's other auction thread... the same newbie account made an offer 4x higher than all the current winning bids. I'm not even sure i will accept the offer, as i stated an higher target price. The contract will return obviously more than 20 BTC. I understand you guys want a deal, but there is no such a thing as a free lunch. How the hell do you figure, use your own damn estimates from earlier in the thread and you may end up negative at the end of the term.. Sure it's all speculation but I am at least using the numbers you suggested earlier in the thread... Normally I wouldn't be an ass like this but you are such an embarrassment to yourself.. Title: Re: [WTS] 42 TH/s / 6 Months Bitmine.ch Cloud mining contract Post by: erskPeter on November 13, 2014, 05:48:16 AM hahahaha. good luck making 20BTC back 20 BTC I would say this is almost certainly a shill, no one in their right mind would ever bid that much for 42 TH/s worth of mining for only 5 monthsFunny you say that, if you take a look in erskpeter's other auction thread... the same newbie account made an offer 4x higher than all the current winning bids. I'm not even sure i will accept the offer, as i stated an higher target price. The contract will return obviously more than 20 BTC. I understand you guys want a deal, but there is no such a thing as a free lunch. How the hell do you figure, use your own damn estimates from earlier in the thread and you may end up negative at the end of the term.. Sure it's all speculation but I am at least using the numbers you suggested earlier in the thread... Normally I wouldn't be an ass like this but you are such an embarrassment to yourself.. Here you are the only reason to be embarassed, also, change your nickname, you don't deserve it ;D |
