Hello, Back in February I have purchased batch of 5 Avalon Asic miners. ORDER EMAIL:
http://imgur.com/XUvkXUSWhen the shipment comes I have a dedicated space in my basement to set up everything (with a computer already in place) so everything will be up and running the moment the batch arrives. With 5 ASIC at targeted 65GH/s, I will a total hashing power of 325GH/s. I am selling 25% of my hashing power as shares. This equals to roughly 80 shares at 1GH/s each.
Right now, I am pricing the shares at 1 BTC per share, minimum 5 shares to make it easier for me when it comes to payout.
Details:
1 share valued at
1GH/s hashing power.
Minimum 5 shares.
1 BTC per share first 60 and 1.5 BTC per share last 20.
Total shares:
80.Note: I am selling 25% due to personal reasons needing cash now and to pay back some of my initial investments on ASIC. I have not decided on a duration of the contract but as of now, the minimum is 2 Year and will only go higher if changed. Electricity is extra and will be calculated before each payout. I have not yet decided on the pool so shareholders may vote on which pool they want to mine. Since I will have 5, there is no problem mining multiple pools. Each shareholder will be paid twice every week.
No reserves and no auction.
PM if you have questions.
Edit: Some calculations: With 1 share, that's 0.056 BTC a day @ 1GH/s. Time to pay off is 1/0.056= roughly 17.8~ days.
Edit: Typo, I will pay twice every week not every two weeks..