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Author Topic: Buying Mining Contracts -CLOSED-  (Read 1216 times)
emmanuel322
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June 14, 2011, 08:20:10 AM
 #1

Pm me with your offer .

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Sukrim
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June 14, 2011, 12:30:00 PM
 #2

What Hashrate do you want to rent?
In which currency do you plan to pay?
For how long do you want to have contracts?

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emmanuel322
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June 14, 2011, 09:02:29 PM
 #3

Well I want a zero variance contract on a month to month basis....I would like 1 G hash up to 10 ....basically im looking for someone to compete with the prices already established by the miners I have seen....and paying in USD.

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minerops
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June 15, 2011, 04:23:16 AM
 #4

my mining rate is under 1 GH/s.

I could give you (or anyone else viewing this) a set amount of BTC per day and ask a USD transfer to Dwolla or Mt. Gox based on 24 hour average Mt. Gox pricing. This would give you an advantage against price spikes or dips in your contract mining adventure.

If this contract is stable and lasts, I'll consider perhaps 10-20% discount from the 24 hour average Mt. Gox price on holidays and weekends.

-minerops

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June 15, 2011, 04:28:28 AM
 #5

I have about 4GH/s of capacity and would consider offering 1Gh/s on a contract basis, if interested we can discuss details via PM. You can also post terms publicly if you like but I would leave that decision to you.

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June 16, 2011, 11:19:22 AM
 #6

See the link in my signature.

I don't usually do zero variance but if its a must have I could do for a fee.

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emmanuel322
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June 16, 2011, 10:04:06 PM
 #7

I like the PM's  (close to 10) BUT ALL have been contracts which are too high in price...thus  becoming not profitable in the rising difficulty and only seem to secure the miners rig...

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June 16, 2011, 10:07:44 PM
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I like the PM's  (close to 10) BUT ALL have been contracts which are too high in price...thus  becoming not profitable in the rising difficulty and only seem to secure the miners rig...

You did not expect someone to provide you a  service at loss for himself, did you?

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emmanuel322
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June 16, 2011, 10:09:15 PM
 #9

NO BUT I have to consider my loss too don't I? and the market and difficulty right now are not in my favor.

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June 17, 2011, 03:51:53 AM
 #10

Hi Emmanuel,

As BTC is quite new, someone has to take a risk in any transaction. If you don't find a provider willing to take the risk of increasing difficulty and unknown BTC price, then you would have to take the risk. Otherwise, there is no transaction.

And BTW, a miner has already taken a risk, and will naturally seek someone to share a part of it. So look for a deal where the risk is shared equally as much as possible.

Just a thought to show that getting what you want might not be that easy.

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emmanuel322
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June 17, 2011, 08:37:21 AM
 #11

I seem to be Mis understood , I was not looking to put the miner on the short end , I was looking for short contracts and I see now that I cant because the miners take too much risk with it and would only benefit me ....so CLOSED.

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bitcoinminer
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June 19, 2011, 02:15:34 AM
 #12

I was curious about this but I see it got closed... Do people expect to hire miners on contracts for less than what they would get mining for a pool, is that the idea?

Be fearful when others are greedy, and greedy when others are fearful.

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June 19, 2011, 08:09:17 AM
 #13

some do some don't. some miners like getting the cash upfront and sell there rig power off cheap they come up on the forums now and again but not often. with the other rigs you can still make money just not loads.
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