Bitcoin Forum
March 26, 2023, 08:49:32 AM *
News: Latest Bitcoin Core release: 24.0.1 [Torrent]
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Bitcoin / Mining / KnCMiner and Cointerra Hosting - Pay As You Go - No Contract ($90 - $160) on: September 30, 2013, 09:37:07 PM
Hosting begins in November 2013 - I will begin to accept orders when my website is up.

KnCMiner is about to ship - You will need a manufacturer's recommend power supply.

You pay for the first and  last month, plus return shipping. Then you pay as you go beginning on the second month.

Pricing is based on space + power usage (manufacturer's estimate):

$130 per month for a KnCMiner Jupiter.
$90 per month for a KnCMiner Saturn.

$160 per month for a Cointerra TerraMiner IV.
$90 per month for a Cointerra TerraMiner II.

Power Users:
You will have complete control of your hardware using the manufacture's web based interface (SSL VPN or IPsec VPN).
If you are not a power user, I will assist you in setting it up (SSL VPN).

Data Center:
Tier 3 data center - 99.999% uptime SLA.
Solid steel and concrete building.
Redundant Power and Cooling.
2 independent Power Substation Feeds.
UPS and standby Generators.
4 layer building security.
1 megawatt of reserved power.
Equipment Insurance Coverage.
Multiple Internet Service Providers.

15 years of experience as a Systems Integrator/Administrator, Network Architect (Cisco gear).
Background in Electrical/Electronics Engineering. (FPGA Programmer)
2  Bitcoin / Mining / Your thoughts on a $3.00 - $3.24 per GH/s per Year Bitcoin Mining Contract on: September 21, 2013, 11:20:31 PM
Hello all,

If I were to offer a 1 year Bitcoin mining contract for $3.00 - $3.24 per GH/s for Pre-Order, would you consider it to be a good deal or a great deal?

Contract period: January 1, 2014 to December 31, 2014.
Fully hosted solution in a Tier III data center.
Purchased in blocks of 250 GH/s for $810 each or purchased in blocks of 5 TH/s for $15,000 each (additional blocks of 250 GH/s for $750 each).
Bi-weekly payouts (with no transaction fees) and all payouts will be in BTCs, no exceptions.
Transparent payout calculations based on your percentage of the total Bitcoin network's hash rate (calculated every 2016 blocks - in sync with difficulty changes).
Secured website to monitor all of your payments and manage your Bitcoin payment addresses.
No other fees.

If I were to offer such a deal, I would do the following:
Accept BTC as the preferred payment method.
Accept Credit Cards through PayPal or Amazon.
Accept Dwolla.
Provide refunds minus any transaction fees.
Guarantee that you will have at least as much BTCs in returns as you invested (I will make for the shortfall if necessary). If you paid in fiat currency, your equivalent amount of BTCs will be locked in when your payment was processed using the following rate table ( Who else is going to make such a guarantee without the fear of losing BTCs.

Some background info:
I have 15 years of experience as a Systems Administrator, Systems Integrator, and a Network Architect. (I hold many certifications)
Some background in Electrical/Electronics Engineering.
Started mining Bitcoin in late 2009 on my Virtex-6 LX240T FPGA development board.
3  Other / Beginners & Help / Hello and Greetings to All on: September 21, 2013, 09:07:45 AM
I am new to this forum but not new to Bitcoin. Hello to all.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!