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Author Topic: Mining Contract, you buy it, I build, run, and maintain it  (Read 1832 times)
Icy- (OP)
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June 18, 2011, 03:45:43 AM
Last edit: June 19, 2011, 08:10:29 AM by Icy-
 #1

Not a tech guru? Maybe your lazy and want your money to work for you? Not enough time? Have kids? Well here I offer my mining contract services for such people.

You buy whatever package you would like, which is used to pay for the parts needed to generate the hashing power bought. I overclock and underclock memory on the cards and don't spend a dollar more than I need to, saving money where ever possible. Pure mining rigs and nothing more.

Delux
$1200 - 4 GPUs
1200+ mega-hashes/second

Standard Plus
$950 - 3 GPUs
900+ mega-hashes/second

Standard
$750 - 2 GPUs
600+ mega-hashes/second

Newbie
$550 - 1 GPU
300+ mega-hashes/second

$195 per GPU (per 400+ mh) if you wish to upgrade later. Max 4 GPUs.

The deal is simple, I will build, run, and maintain what ever rig packages you buy, and you will keep 100% of the profits generated up until the machine gets itself paid off. Once the machine is paid off, the profit starts to get split 50/50. The rigs are still yours, and at anytime after 3 months from your rig being paid off and you wish to cancel, I will offer you a deal to buy the rig from you or sell them on eBay, your choice. You will get paid in bitcoins only.

Currently I will only accept no more than 10 contracts/rigs. I will accept bitcoins or dwolla for purchase of the rig contracts. It will take approx. 7 days to order/receive and get the rigs up and going.

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sebdude420
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June 18, 2011, 08:01:32 AM
 #2

Good stuff. Nice to see qualified people offering mining contracts in bitcoin for bitcoin.

keep up the good work.

OG Bitcoin Miner turned Proof of Stake Validator.
Maxed out Raspberry Pi 4 8GB at 120$ a Day Revenue with ~15K XTZ Bonds in Summer of 2021.
Looking at Proof of Stake systems all across the crypto ecosystem to expand operations.
Icy- (OP)
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June 18, 2011, 07:38:44 PM
 #3

Good stuff. Nice to see qualified people offering mining contracts in bitcoin for bitcoin.

keep up the good work.

Thanks!  Cheesy
Thor
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June 19, 2011, 02:07:01 AM
 #4

This seems like a good deal, and a solid business plan, my main question is:  How do you define or determine when the rig has "paid for itself" what price/bitcoin are you using to calculate that?

Also, would it be possible, once the rig has paid for itself, to have it shipped to the purchaser?

Thank you for your anticipated responses.
Icy- (OP)
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June 19, 2011, 03:09:00 AM
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This seems like a good deal, and a solid business plan, my main question is:  How do you define or determine when the rig has "paid for itself" what price/bitcoin are you using to calculate that?

Also, would it be possible, once the rig has paid for itself, to have it shipped to the purchaser?

Thank you for your anticipated responses.

I'll send you the bitcoins on a weekly basis, and whatever they are valued at when I send them, that amount will go towards whatever contract you bought.

Shipping it to you right after you get the rig paid off makes it pointless for me to even offer this service, sense I wouldn't profit. I will however create another thread shortly after this post offering you to buy rigs instead of contracts.

bigfoot
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June 19, 2011, 03:35:23 AM
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Seems interesting. Do you have any previous sales/rep? Also, it seems the most cost effective path is to only build 4 GPU machines and then sell 25% or more of a machine.
Icy- (OP)
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June 19, 2011, 03:53:58 AM
 #7

Seems interesting. Do you have any previous sales/rep? Also, it seems the most cost effective path is to only build 4 GPU machines and then sell 25% or more of a machine.

Unfortunately I do not have any customers to date since I just recently posted. I may open up a website if anyone has interest enough for this service.
AndyRossy
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June 19, 2011, 07:07:11 AM
 #8

how are electricity costs factored in / cost of electric etc?
Icy- (OP)
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June 19, 2011, 08:04:38 AM
 #9

how are electricity costs factored in / cost of electric etc?

That gets deducted from profit.

Here is the company I use and the rates.

http://www.georgiapower.com/pricing/residential/pricing/standard-service-plan.asp
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June 19, 2011, 01:12:30 PM
 #10

I'm so proud of you to see how far you've come in these 10 days you've been here with us!

Tradehill.com referral code: TH-R1494
Please consider using it if I've said something useful!
Icy- (OP)
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June 19, 2011, 04:06:37 PM
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I'm so proud of you to see how far you've come in these 10 days you've been here with us!

Thanks. Smiley
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June 19, 2011, 04:28:56 PM
 #12

you should be eating the cost of electricity otherwise this isn't worth it for anyone to "invest"

Anonymous BITCOIN Exchange: https://www.TRADEHILL.COM
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