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Author Topic: Anyone willing to buy Mhash/s? / distributed hashing  (Read 7938 times)
tcatm
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October 27, 2010, 08:37:18 AM
 #41

approx. 9.92 BTC/(Mhash/s) after two weeks.
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FreeMoney
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October 27, 2010, 09:03:08 AM
 #42

approx. 9.92 BTC/(Mhash/s) after two weeks.

Thanks for the update. It looks like we would have been a little better off buying at the beginning that generating, but better off generating than buying at the end.

I guess it is a little more complicated though because if the value and difficulty had decreased we'd do a lot better generating than buying at the start.

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
tcatm
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October 27, 2010, 09:32:42 AM
 #43

Even if difficulty rises even more I'll at least make sure everyone who invested makes a small profit form it.
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October 27, 2010, 10:38:47 AM
 #44

Even if difficulty rises even more I'll at least make sure everyone who invested makes a small profit form it.

It looks to me like difficulty will rise soon. How many Mhash were sold in total?

I think we will all make profit compared to buying coins now.

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
tcatm
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October 27, 2010, 12:31:22 PM
 #45

It looks to me like difficulty will rise soon. How many Mhash were sold in total?

~400
idev
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November 07, 2010, 02:29:11 PM
 #46

Whats the expiry date please?
tcatm
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November 07, 2010, 04:34:35 PM
 #47

Whats the expiry date please?

30 days, i.e. the earliest will end on wednesday.
idev
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November 07, 2010, 07:36:15 PM
 #48

Whats the expiry date please?

30 days, i.e. the earliest will end on wednesday.

Ok thank you
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November 07, 2010, 10:12:50 PM
 #49

Is this an ongoing offer? Can we still buy in?
tcatm
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November 08, 2010, 12:59:48 AM
 #50

Is this an ongoing offer? Can we still buy in?

No, the offer won't be repeated.
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November 08, 2010, 01:19:55 AM
 #51

Is this an ongoing offer? Can we still buy in?

No, the offer won't be repeated.

Any particular reason? Is it difficult to manage?

I do appreciate that you did it.

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
ribuck
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November 11, 2010, 11:28:23 AM
 #52

Next round: 1 Mhash/s for 30 days for 15 BTC in any fractional amount
And indeed it returned a bit more than this. Very worthwhile from my point of view.

Thanks tcatm for doing this. I can't see that you gained anything directly from it, so I guess for you it was a community-building exercise.

It was very professionally done too, no need to chase up the payout etc. Thanks again!
BitLex
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November 11, 2010, 01:59:31 PM
 #53

Next round: 1 Mhash/s for 30 days for 15 BTC in any fractional amount
And indeed it returned a bit more than this. Very worthwhile from my point of view.
a bit more than what?

here's my results:

round 1 (7days)
+2.34BTC/mhash

round 2 (30days)
+1.26BTC/mhash

still profit though, thanks tcatm.

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November 11, 2010, 02:10:02 PM
 #54

a bit more than what?
A bit more than the cost to participate.

Price: 15 BTC per Mhash/s for 30 days
Payout: 16.26 BTC per Mhash/s at the end of the 30 days

That's equivalent to earning interest at 8.4% per month, equivalent to a compounded annual rate of 163%.
BitLex
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November 11, 2010, 02:20:27 PM
 #55

i wouldnt recommend to calculate compound annual rates here.
it dropped from ~78% a week to ~8% a month and i guess it will (or would if this kind of service is offered by anyone) go a lot deeper while difficulty still shoots up like it does lately, we're still closer to, or even above 10blocks/hr than 6.

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December 23, 2010, 02:17:17 PM
 #56

Still have not received my  Huh
tcatm
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December 23, 2010, 03:18:11 PM
 #57

Still have not received my  Huh

You received your coins in Block 84586.
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