Bitcoin Forum

Economy => Auctions => Topic started by: miaviator on February 10, 2014, 03:48:54 PM



Title: 360Kh/s Scrypt 28 Day lease #3L15 [E:2.13 23:55]
Post by: miaviator on February 10, 2014, 03:48:54 PM
Up for auction is a 28 day lease of .36Mh/s of scrypt mining power.

Starting bid: 0.01BTC 
Minimum bid increment: .005BTC
Reserve Price Hash: 88355bf105bfb88ff88c0c43213a513770a1f4167de13878b966f660ece3a5bd
Buy It Now: Not Available


Special Conditions:
You may bid with any currency/Item, bids may be accepted and converted to B value
A non-BTC bid is not considered valid unless you confirm the BTC value!
Proxy Bidding via PM is available - (So you can set a max bid like eBay)
*Bid first then send your max bid via PM, PM bids are subject to disclosure if contested.


Lease Time: 4 weeks/28 days
Lease starts after payment and mining info received.
Payment due within 24 hours.

Miner: L15

Auction ends 23:55 02/13 Forum Time
Auction may be cancelled if current lease holder renews

See our auction history here: https://bitcointalk.org/index.php?topic=420784.0


Lease Features:
  • Battery Backup or Under 20 Second reboot time
  • Three available networks
  • Backup miners in case of failure
  • Proven compensation with extra hashing power and/or refunds for downtime
  • 100%-110% rated performance provided
  • Ability to solo mine or setup scheduled pool changes

Quote
Agreement to lease scrypt mining power/dedicated miner (intagible):

Buyer: Highest bidder by public post at the close of the auction.
Seller: miaviator/gnar1ta$
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
Redundancy: Automatic Power, Manual Network, Manual Backup Miner.

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 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: 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 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.

If this dedicated miner is auctioned at the end of the lease term the current buyer will receive a 10% discount on their posted bid to continue mining without changes.

http://gifcountdown.com/africa-abidjan/1392353700/141414/0f0f0f/aaaaaa/fdfdfd/faedad/true/counter.gif

http://puu.sh/6QY4n.png


Title: Re: 360Kh/s Scrypt 28 Day lease #3L15 [E:2.13 23:55]
Post by: cyclops on February 10, 2014, 06:08:17 PM
0.01


Title: Re: 360Kh/s Scrypt 28 Day lease #3L15 [E:2.13 23:55]
Post by: -droid- on February 10, 2014, 07:37:09 PM
.015


Title: Re: 360Kh/s Scrypt 28 Day lease #3L15 [E:2.13 23:55]
Post by: cyclops on February 10, 2014, 07:49:19 PM
0,02


Title: Re: 360Kh/s Scrypt 28 Day lease #3L15 [E:2.13 23:55]
Post by: -droid- on February 10, 2014, 10:49:59 PM
0.025


Title: Re: 360Kh/s Scrypt 28 Day lease #3L15 [E:2.13 23:55]
Post by: hasher87 on February 11, 2014, 04:55:14 AM
0.035


Title: Re: 360Kh/s Scrypt 28 Day lease #3L15 [E:2.13 23:55]
Post by: albon on February 11, 2014, 05:14:02 PM
0.04


Title: Re: 360Kh/s Scrypt 28 Day lease #3L15 [E:2.13 23:55]
Post by: -droid- on February 11, 2014, 05:25:42 PM
.045


Title: Re: 360Kh/s Scrypt 28 Day lease #3L15 [E:2.13 23:55]
Post by: miaviator on February 11, 2014, 05:31:53 PM
.045

0.05BTC Proxy bid.


Title: Re: 360Kh/s Scrypt 28 Day lease #3L15 [E:2.13 23:55]
Post by: crankmonkey on February 11, 2014, 09:18:33 PM
.06


Title: Re: 360Kh/s Scrypt 28 Day lease #3L15 [E:2.13 23:55]
Post by: miaviator on February 11, 2014, 09:20:08 PM
.06

0.065BTC proxy


Title: Re: 360Kh/s Scrypt 28 Day lease #3L15 [E:2.13 23:55]
Post by: Takounie on February 11, 2014, 10:27:26 PM
0.07


Title: Re: 360Kh/s Scrypt 28 Day lease #3L15 [E:2.13 23:55]
Post by: miaviator on February 11, 2014, 10:40:01 PM
0.07

0.075BTC Proxy Bid


Title: Re: 360Kh/s Scrypt 28 Day lease #3L15 [E:2.13 23:55]
Post by: -droid- on February 12, 2014, 12:15:12 AM
.08


Title: Re: 360Kh/s Scrypt 28 Day lease #3L15 [E:2.13 23:55]
Post by: miaviator on February 12, 2014, 12:36:13 AM
.08

0.085BTC Proxy


Title: Re: 360Kh/s Scrypt 28 Day lease #3L15 [E:2.13 23:55]
Post by: jungle_dave on February 12, 2014, 12:13:54 PM
0.09BTC


Title: Re: 360Kh/s Scrypt 28 Day lease #3L15 [E:2.13 23:55]
Post by: miaviator on February 12, 2014, 12:53:23 PM
0.09BTC

albon 0.095BTC


Title: Re: 360Kh/s Scrypt 28 Day lease #3L15 [E:2.13 23:55]
Post by: miaviator on February 12, 2014, 04:34:34 PM
bump


Title: Re: 360Kh/s Scrypt 28 Day lease #3L15 [E:2.13 23:55]
Post by: miaviator on February 12, 2014, 11:11:05 PM
Ends in an hour.

0.095BTC current bid.


Title: Re: 360Kh/s Scrypt 28 Day lease #3L15 [E:2.13 23:55]
Post by: albon on February 12, 2014, 11:37:05 PM
Ends in an hour.

0.095BTC current bid.

don't you mean 1 day 1 hour?


Title: Re: 360Kh/s Scrypt 28 Day lease #3L15 [E:2.13 23:55]
Post by: miaviator on February 12, 2014, 11:59:06 PM
Ends in an hour.

0.095BTC current bid.

don't you mean 1 day 1 hour?

Yes


Title: Re: 360Kh/s Scrypt 28 Day lease #3L15 [E:2.13 23:55]
Post by: albon on February 14, 2014, 07:18:58 AM
so what was the reserve?


Title: Re: 360Kh/s Scrypt 28 Day lease #3L15 [E:2.13 23:55]
Post by: vanycon on February 14, 2014, 11:01:58 AM
If you have more KH to sell... I would like to buy 2-3times 360KH/s at 0.1 BTC

But first handle albons win (:


Title: Re: 360Kh/s Scrypt 28 Day lease #3L15 [E:2.13 23:55]
Post by: miaviator on February 14, 2014, 01:16:00 PM
so what was the reserve?

Code:
 echo -n "Reserve Price:0.125[btc] Payment Address:1Gnrqc1J5CVpXunWNMhW2ys7E7uudo9pLv" | sha256sum
88355bf105bfb88ff88c0c43213a513770a1f4167de13878b966f660ece3a5bd  -
If you have more KH to sell... I would like to buy 2-3times 360KH/s at 0.1 BTC

But first handle albons win (:

Albon is already renting two rigs he won at auction. 

I dislike these reserve auctions.