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Title: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: miaviator on February 01, 2014, 12:45:44 AM Previous incorrect thread: https://bitcointalk.org/index.php?topic=443084.0
Up for auction is a 90 day lease of 150Ghash of SHA256 mining power. Starting bid: .1BTC Minimum bid increment: .05BTC Reserve price: Undisclosed Lease Time: 90 Days *(I may consider shorter terms) Miner: L04 Auction ends 3PM EST 2/3/2014 Payment and pool information due by lease start time. Lease Begins at the time payment and pools are received until 90 days later. Timer is for reference only. The forum time-stamp will count as the official timer. http://gifcountdown.com/america-new_york/1391436000/141414/0f0f0f/aaaaaa/fdfdfd/faedad/true/counter.gif See our auction history here: https://bitcointalk.org/index.php?topic=420784.0 Lease Features:
Quote Agreement to lease SHA256 mining power/dedicated miner (intagible): [/list]Buyer: Highest bidder by public post at the close of the auction. Seller: miaviator Lease Term: Listed in auction Hash Rate: Listed in auction Business Day: 10AM to 6PM EST M-F excluding US holidays. 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 SHA256 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 sgminer or cgminer on Ubuntu Linux 12.04 LTS. 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: Pro-rated amount based on bitcoinwisdom calcuator at the time of the auction 5. Buyer may choose what pool(s) to mine with failover, load-balance, quota, and other multi-pool options available in sgminer or cgminer. 6. Buyer may further choose to solo mine coins based on client availability for Ubuntu Linux 12.04 LTS. 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 sgminer or cgminer after HW errors are taken into account. Pool rejects/stales/availability are not considered a decrease in the provided hashing power. Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: EnJoyThis on February 01, 2014, 12:48:56 AM BTC0.10
Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: damiano on February 01, 2014, 05:54:33 AM BTC.25
Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: gavgav on February 02, 2014, 01:00:36 AM 0.3
Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: jonsi on February 02, 2014, 04:05:50 PM 0.35
Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: miaviator on February 02, 2014, 11:16:26 PM Bump.
Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: mudge on February 03, 2014, 03:57:31 PM 0.4
Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: railzand on February 03, 2014, 07:32:23 PM .5
Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: jonsi on February 03, 2014, 07:59:16 PM .55
Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: railzand on February 03, 2014, 07:59:50 PM .6
Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: cyclops on February 03, 2014, 08:00:04 PM 0.70
Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: cyclops on February 03, 2014, 08:00:30 PM Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: miaviator on February 03, 2014, 08:06:46 PM Lol. Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: railzand on February 03, 2014, 08:11:00 PM What's next?
Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: cyclops on February 03, 2014, 08:12:07 PM Lol. It has been funny, me waiting with another window and time.is (Atomic clock) opened. When I clicked "post", the annoying message of "Someone has posted while you were writing"appeared and so, late. Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: jonsi on February 03, 2014, 08:13:23 PM Next time I'll put my offer at 3:59:59 :p
Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: miaviator on February 03, 2014, 08:15:19 PM ... Reserve price: Undisclosed ... 1BTC was the Reserve. I suppose I should hash the reserve before posting the auction. Looks like I'm way off on SHA pricing this round. Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: miaviator on February 03, 2014, 08:19:21 PM What's next? Nothing since this was an auction with a reserve which was not met. Next time I'll put my offer at 3:59:59 :p I accept proxy max bids via PM. So if you bid and want to ensure a last bid you can PM the high bid amount. If asked I'd have to disclose the PM for fairness. Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: railzand on February 03, 2014, 08:22:59 PM ... Reserve price: Undisclosed ... 1BTC was the Reserve. I suppose I should hash the reserve before posting the auction. Looks like I'm way off on SHA pricing this round. I guessed as much. I was just being mean. Can I pay this reserve price? Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: miaviator on February 03, 2014, 08:26:26 PM Yes.
I'll accept offers for the reserve price. Let me get the sheet worked up for any downtime reimbursement and grab proof of mining speed. Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: railzand on February 03, 2014, 08:30:39 PM Great I'll send the BTC1.0 where? My worker would be railzand_3 -p 123 here stratum.btcguild.com:3333
Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: jonsi on February 03, 2014, 08:31:47 PM Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: miaviator on February 03, 2014, 08:40:18 PM Great I'll send the BTC1.0 where? My worker would be railzand_3 -p 123 here stratum.btcguild.com:3333 1BTC 123tpXge1rsQtXdVhAAtLDqWhVL3NQCDWR Hourly Credit for any downtime: 2-4 – 2-10 (7 days) 0.00728750 2-11 – 2-17 (14 days) 0.01406250 2-18 – 2-24 (21 days) 0.01906250 2-25 – 3-3 (28 days) 0.02373333 3-4 – 3-10 (35 days) 0.02736250 3-11 – 3-17 (42 days) 0.03048333 3-18 – 3-24 (49 days) 0.03306250 3-25 – 3-31 (56 days) 0.03505417 4-1 – 4-7 (63 days) 0.03682083 4-8 – 4-14 (70 days) 0.03798750 4-15 – 4-21 (77 days) 0.03903333 4-22 – 4-28 (84 days) 0.03969583 4-29 – 5-5 (91 days) 0.04019583 I have to fix one of the miners so I may put you at 200Ghash to start. Please PM a backup pool! Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: miaviator on February 03, 2014, 08:48:39 PM It is in my country and jurisdiction. Like I said though I really should have hashed the reserve price when the auction was posted so it could be proven fair. Next time I auction something with a reserve I'll keep that in mind. Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: railzand on February 03, 2014, 08:54:11 PM It is in my country and jurisdiction. Like I said though I really should have hashed the reserve price when the auction was posted so it could be proven fair. Next time I auction something with a reserve I'll keep that in mind. Mine too. https://blockchain.info/tx-index/e2da8159a33600e148f4dd7b76c555bf062250f94743f6535e1b11a59f1f896a agreed to downtime credit and moar hash! pming with pool.. Many, many thanks Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: miaviator on February 03, 2014, 09:09:02 PM Hashing to buyers pool.
Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: railzand on February 03, 2014, 09:10:39 PM 14610 --- 17,280 In Progress
14609 0.00032% 10,368 2014-02-03 09:01 PM 14608 0.00000% 0 2014-02-03 08:11 PM Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: railzand on February 03, 2014, 09:18:53 PM Yes indeed hashing away. Very clear instructions and planning. Great seller. Thanks miaviator!
Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: EnJoyThis on February 03, 2014, 09:36:54 PM Shane you lowered your reserve without noticing. In PM you told me 1.20btc which would leave only a small margin of profit. With the reserve at 1btc I would have agreed to take it although my first bid was 0.70btc.
Have worked with you in the past and liked it a lot. I suggest to be fully clear next time and post reserve price in your post. Cheers Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: miaviator on February 03, 2014, 09:59:39 PM Shane you lowered your reserve without noticing. In PM you told me 1.20btc which would leave only a small margin of profit. With the reserve at 1btc I would have agreed to take it although my first bid was 0.70btc. Have worked with you in the past and liked it a lot. I suggest to be fully clear next time and post reserve price in your post. Cheers Again I agree. My pm to you was worded badly: Unfortunately I will make at least 1.2 and most of the risks of 30+ diffs are gone so I think the auction is just going to end below the reserve price. I should have pointed out that the reserve was less than my expected returns. I will hash the reserve price on future auctions and avoid reserves when possible. Title: Re: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] Post by: miaviator on February 16, 2014, 04:26:13 AM Yes indeed hashing away. Very clear instructions and planning. Great seller. Thanks miaviator! This lease was upgraded to a BitMain ANT miner S1 on 2/14 with no additional cost and no downtime for the buyer. The original lease still stands as stated: Quote 9. Any increase in hashing power will not be considered a breach by either party. The remainder of the lease will be completed at ~180Ghash vs ~150Ghash. http://puu.sh/6XUQH.png Clearly the buyer won on this deal ;D |
