Bitcoin Forum

Economy => Services => Topic started by: JL421 on October 19, 2011, 12:05:33 AM



Title: JL421 Productions - Mining Contract Bids - Point Hashes to Any Pool
Post by: JL421 on October 19, 2011, 12:05:33 AM
JL421 Productions: Short Term Rig Rentals


I am converting my mining rigs into rental rigs. We currently have ~3,400 Mhash total, but more capacity is coming shortly.

Here we do things a little differently...instead of me setting a price that you pay...you bid what you want to pay for as many shares as you want, up to 500,000 shares.

When purchasing, if you have any special considerations or requests, please let me know before you submit your payment.

It's answered in the FAQ, but we support running to any pool of your choice. Not just major ones.

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Hash Rate Available: 0 Mhash/s

Current High Bid:

Shares being worked on: 0

Total customers in queue: 0

Estimated time to queue completion:

------------

Share Purchase Plan:
Note: There is a 500,000 share limit per customer at this time.

10,000 Shares . . . . Open To Bids.

------------

Payment Options Available:

BTC - Preferred
Mt. Gox Dollars - @ Current Exchange Rate + 2% Fee

------------

FAQ:

Q: What pools can you mine on?
A: Any pool your heart desires.

Q: Can we have backup pools?
A: You can have as many backup pools as you wish.

Q: When will we see more capacity?
A: Whenever my GLBSE company (https://bitcointalk.org/index.php?topic=46693.0) gains the necessary funds to purchase more equipment. Feel free to purchase some shares if you wish to speed this process along. The ticker is JLP-BMD.

Q: Why is there a limit on how many shares I can purchase at a time?
A: This is to make sure shares plans are completed in under 7 days. Once this operation gains more capacity, this limit will be reduced/eliminated.

Q: Why does this service exist when there's GPUMAX?
A: Because GPUMAX doesn't allow users to direct shares to any pool of their choice at this point in time. I believe that this gives us a market.

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TOS:

The operator (JL421) Guarantees to deliver the product ordered to within 1% of hash rate rented, or < 1% of all shares ordered will be stale.

If during share purchase contracts the stale rate goes above 5% mining will be switched to a backup pool until you notify me that the issue has been resolved. If you have not specified a backup pool, mining will be suspended until a backup pool is provided, or you notify me that the stale issue has been resolved.

In the event of down time, hash rates rental contracts will have total downtime added to the end of their contracts. For downtime longer than 3 hours, 1.5x downtime will be added to the end of the contract.
Share purchase contracts will have 1.5x the shares expected to be delivered during any downtime added to their contracts in all scenarios.

Before you order, the operator is required to let you know of any potential downtime occurring in the duration of your contract.

The operator retains the right to stop distributing shares, and issue a refund for the remainder of the contract, for work submitted to any pool that is giving unusually high reject rates.

Thanks for considering our services!


Title: Re: JL421 Productions - Mining Contracts
Post by: adraza on October 27, 2011, 09:52:37 AM
How about 125$ for a 4 weeks contract for 2500 MHashes ?


Title: Re: JL421 Productions - Mining Contracts
Post by: adraza on October 27, 2011, 05:45:42 PM
150$ is my last word !


Title: Re: JL421 Productions - Mining Contracts
Post by: adraza on October 28, 2011, 06:59:03 AM
So, I want 2500 Mhashes working for me for 1 month.

150$ is the price.


Title: Re: JL421 Productions - Mining Contracts
Post by: Eveofwar on November 01, 2011, 05:34:22 AM
Contract has been running fairly smoothly...minor downtime for rig maintenance, but all in all, everything promised has been delivered.  Looking to purchase more contracts in the near future !

+1 for JL421


Title: Re: JL421 Productions - Mining Contracts
Post by: BinaryMage on January 31, 2012, 03:31:23 AM
Contracts are available once again!

This still open?


Title: Re: JL421 Productions - Mining Contracts - Point Hashes to Any Pool
Post by: BinaryMage on February 24, 2012, 04:12:56 PM
Contracts are available!

PM'd.


Title: Re: JL421 Productions - Mining Contracts - Point Hashes to Any Pool
Post by: film2240 on February 25, 2012, 12:40:57 AM
What's your rep? If it's good and the price is low for a little extra hash power,I'll consider business.



Title: Re: JL421 Productions - Mining Contracts - Point Hashes to Any Pool
Post by: Garr255 on April 06, 2012, 11:40:26 PM
So if I were to purchase 1mh/s, I'd get the full 3,400 available until someone else purchases some? I'd like to purchase 1mh/s for 24h.


Title: Re: JL421 Productions - Mining Contracts - Point Hashes to Any Pool
Post by: Garr255 on April 06, 2012, 11:58:46 PM
Alright, I'm glad you closed up that exploit.

I saw your sig, the "Comprehensive Comparative Look at GLBSE Mining Companies"
I'd appreciate your review of my asset, Cognitive, then adding it to that list.

Thanks,
Garrett


Title: Re: JL421 Productions - Mining Contract Bids- Point Hashes to Any Pool
Post by: BinaryMage on April 16, 2012, 10:58:18 PM
In this thread? I bid 15 BTC for 500k shares.


Title: Re: JL421 Productions - Mining Contract Bids- Point Hashes to Any Pool
Post by: discordian666 on April 17, 2012, 01:19:02 AM
16BTC for the 500K shares :D



Title: Re: JL421 Productions - Mining Contract Bids- Point Hashes to Any Pool
Post by: BinaryMage on April 18, 2012, 12:03:14 AM
I'll bid 17 if you're willing to point at GPUMAX.


Title: Re: JL421 Productions - Mining Contract Bids- Point Hashes to Any Pool
Post by: BinaryMage on April 18, 2012, 12:08:13 AM
I'll bid 17 if you're willing to point at GPUMAX.

*Points at thread title*

When I say any pool...I mean any pool...it just has to be Bitcoin...not litecoin or something else...

Just checking, no ill intent. I bid 17 BTC then.


Title: Re: JL421 Productions - Mining Contract Bids - Point Hashes to Any Pool
Post by: DeaDTerra on April 18, 2012, 03:00:23 PM
I will bid 18 BTC :)
//DeaDTerra


Title: Re: JL421 Productions - Mining Contract Bids - Point Hashes to Any Pool
Post by: BinaryMage on April 20, 2012, 11:48:05 PM
15 BTC.


Title: Re: JL421 Productions - Mining Contract Bids - Point Hashes to Any Pool
Post by: rjk on April 21, 2012, 12:15:22 AM
16 BTC


Title: Re: JL421 Productions - Mining Contract Bids - Point Hashes to Any Pool
Post by: BinaryMage on April 21, 2012, 03:27:38 AM
Top bid is 16 BTC for 500k share I assume?

That would be a fair assumption.


Title: Re: JL421 Productions - Mining Contract Bids - Point Hashes to Any Pool
Post by: DeaDTerra on April 24, 2012, 04:07:15 PM
Roughly 32 hours to go...do I hear more than 16 BTC?
I bid 17 BTC :)
//DeaDTerra


Title: Re: JL421 Productions - Mining Contract Bids - Point Hashes to Any Pool
Post by: DeaDTerra on April 24, 2012, 04:38:53 PM
17 BTC for the returning customer...

I'm also working on something kind of cool that I hope to unveil next week some time.
Yea lets hope GPUMAX stays online this time xD


Title: Re: JL421 Productions - Mining Contract Bids - Point Hashes to Any Pool
Post by: DeaDTerra on April 25, 2012, 01:07:39 PM
Only 10 hours of bidding left on this round!

17 BTC for 500k shares is the top bid!

...also, due to an issue with the current contract running out of valid backup pools for a period of time, the start of the new contract will be slightly delayed. It looks like it will start roughly 4/27/12 at roughly 13:30 GMT.
Yea sorry about that :8 my fault
//DeaDTerra