thepwnorbpwnd (OP)
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February 08, 2013, 02:13:16 AM Last edit: February 12, 2013, 12:00:28 AM by thepwnorbpwnd |
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Looking to buy a Butterfly Labs Jalapeno on a mining contract/ buyout.
Will pay 75$ @mtgox avg in bitcoins now, let you mine it for 2 weeks when you get it and then send it up to Canada to me.
You not only get the $75/$170 you paid out of it, but the extra BTC it mines within the two weeks you have it.
ESCROW ONLY
Open to offers if people are interested.
Due to no interest or offers I close my request.
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In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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debianlinux
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February 08, 2013, 02:23:04 AM |
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LOL @ Butt Labs That is all...
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thepwnorbpwnd (OP)
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February 08, 2013, 02:33:40 AM |
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It's generated alot of traffic so far.
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kjlimo
Legendary
Offline
Activity: 2086
Merit: 1031
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February 09, 2013, 06:56:20 AM |
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It's generated alot of traffic so far. Fun to watch silly deals in the making I like to see what my preorder is worth sometimes. I ordered singles though, no jalepenos... Good luck! Mining for fun? Or trying to actually make money?
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thepwnorbpwnd (OP)
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February 09, 2013, 07:32:17 AM |
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Making money, so far covered my half of the rent for 4 months without a job and my woman is pleased.
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EricTyle
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February 09, 2013, 03:34:58 PM |
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Whats your hr?
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thepwnorbpwnd (OP)
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February 09, 2013, 03:40:47 PM |
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3-5 Ghash, depending on heating for a someone I know, usually 5 Ghash except for 4 hours a day.
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thepwnorbpwnd (OP)
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February 09, 2013, 03:44:53 PM |
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Assuming you asked for hash rate (hr).
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sal002
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February 09, 2013, 07:44:18 PM |
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I must be missing something - you pay $75 now - and you paying the rest when shipped?
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thepwnorbpwnd (OP)
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February 09, 2013, 10:10:03 PM |
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I pay 75$ NOW, you get it shipped to YOURSELF, mine with it on your own farm and pool for 14 days, and then send it to ME when the 14 days are over. I MAY be able to pay for shipping by the time the 14 days is over if I've got extra past my profitability margin has been met.
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thepwnorbpwnd (OP)
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February 09, 2013, 10:13:08 PM |
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It's basically like saying ''I'll give you money now and let the device mine the rest when you get it.''
Speculation such as ''What if coin price flops to 2$?'' Isn't a part of the contract either. 14 days is your 14 days. And then it's mine.
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sal002
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February 10, 2013, 02:33:20 PM |
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Gotcha - so hopefully in that 14 days the difference between $75 and the price being paid is made. I think that is a big if.
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thepwnorbpwnd (OP)
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February 10, 2013, 04:25:21 PM |
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That risk is up to the person who gives me an offer.
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EricTyle
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February 10, 2013, 08:11:25 PM |
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From what I know, Jeff's avalon mines 10 BTC per day. Let's do some math! 10BTC/day/66 GH/s = xBTC/day/4.5GH/s 45BTC*GH/days*s = 66xGH*BTC/days*s (Simplified -> 66GH/s*xBTC/days) ----------------------------------------------- 66GH/s x = .681 BTC/day * 23.50$ = 16$/day * 14 days = 224$ on unchanged difficulty + 75$ offer = 299$ -149$ = 150$ profit for who sells this Jalapeno to him; however, keep in mind on unchanged difficulty ** Note: Also assumes bitcoin value does not depreciate, but keeps a constant in USD value and difficult in mining.
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thepwnorbpwnd (OP)
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February 10, 2013, 08:33:05 PM |
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Thanks alot for the clarification for everyone. Plus whoever takes this offer would probably get the opportunity to use the jally before the difficulty completely skyrockets. Who knows may take that two weeks for the diff to get up there. Then what? I get it when diff is jacked and prices really drop? Therres a high chance someone would be able to pay for it and then some. *All said is subject to speculation.
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