Bitcoin Forum

I have an idle ATI 5770 that I would like to mine with. However, I do not have a motherboard, memory module(s) and CPU to make a complete system.

If you're interested in forming a partnership to generate some Bitcoin shared revenue, feel free to post below or contact me.

you fucking pedofile!

Damn, it took me a good 2 minutes to understand the 'pedophile' connection... I'm getting slow! Good one, though :)

Lololol, took me a while too.

I was almost about to ask what the point was.. was looking at the wrong piece of text.

I have a spare PC or two. What kind of partnership are you looking for (apart from the pedofile bit :))? What's the hashrate of this one?

I send you the card. You set it up. We split the profit 53/47(me).

Heh. For the lazy, the answer to the joke is hidden here (highlight to read): ** "Miner partner" **

And what's the hashrate of 5770?

Interesting, just got new PSU, where do you live ?

I've got an empty slot I could throw it in but I reserve the right to mail it back if I come across a 5970 that I end up buying.

I'm fairly certain the generated coins from a 5770 wouldn't cover electricity or rental of the computer.

If you decide to co-op with me, you wont have to pay the electricity, since I dont have to pay, too.

153 mhashes

Central Texas

I'm just worried if it covers it's own electricity and profits something because I've got room for it at the moment.
I'm not 100% sure it's worth it for me right now I'd have to do the math.

This is a good idea. Is this common? I thought about doing it with a spare 5830 I have, but it seems like you would really have to trust the person.

You don't have to trust them any more or less than any other transaction like selling something to them really.
I suppose you could have a few other issues where they say it breaks or whatever but if they're not going to pay you for the % that it helps then they're not going to pay you for anything else you sell them.

The only difference is that you have to send them a card without receiving payment first and then have that recurring trust that they will allow it to mine for the both of you.

Yeah, but if you compare buying a card where you could possibly send money and not get a card or get a bad one it seems about the same.
I think people in general are either going to rip you off or they're not. Personally I'd rather get the card and pay half the profits back than pay 100% of the cost up front and hope I don't get ripped off. I'm not talking about this card specifically just in general.

We may soon be offering a service along the lines of this. We being a coworker and I who have recently (1+month) begun building rack/cage based GPU rigs of our own. We are located in central California.

To overcome the trust issues/concerns what do you all think about us covering a percentage of the FMV of a GPU entrusted to us prior to delivery of a GPU? Say for example if we were to pay the provider of the GPU 50% of FMV of the card prior to shipment and payment be considered prepayment of expected BTC rewards. When the GPU works off the prepayment the provider begins receiving percentage/share/whatever based rewards.

Is something like this of interest to anyone?

I feel like stealing your business plan. If your idea works, you could amass enough GPUs in one location to potentially start the largest pool in the network.

Could work but you're going to need more than that for some people. You could get ripped off too. I could see you sending the 50% and never getting the card.
Or someone else sends you the card and only gets the 50% basically you getting a really good deal.

I'd personally want more to go by before I sent cash or cards.

Trust wouldn't be an issue once business gets going.

Yeah I agree, I had it more aimed at the guy with a post count of 1 and I'm talking about in the beginning.

..and a registration date of today. Been lurking a while, I finally decided to get more involved.

I did the same. Not trying to call you out, obviously good sense to make sure who you're sending money to though lol I wouldn't expect you to just send me some cash either  ;D

I think it's a really good idea. Although it's probably not the kind of thing you reveal this early, because like Atlas said, it may get stolen. You could also have your own 5970's and charge for a share of the mining. I think someone had mentioned mining contracts before, but this could be a month to month thing where someone pays like $10 or 10btc a month to reap 5% of everything mined by that card. Or a time share thing, where you pay day to day and get what's mined that day.

Well that would just motivate us to provide an increasingly better service. Although I would not consider it stealing, rather I would encourage it.

Thanks for the feedback guys, this was one of a handful of ideas we have been tossing around.

Isnt elecricity expensive in california ?

What sort of ongoing costs do you have ?

I have my kids pedaling bicycle generators.  :)

We are at $0.095 for electricity and no other costs. If space (garage) and/or bandwidth becomes an issue we have physical access to a local data center that we have used in the past and at very reasonable rates.

We built a little rack/cage system for densely mounting many cards in a compact space so I don't see space as an issue whether garage or data center. Currently working through a cooling design to accommodate large quantity of GPUs but I think this will be done within a week or so.