I am offering 1GHash/s mining for $1200 for 3 months.
3 months is the minimum, as I will need to rent some place to house the rigs. The shortest rental is 6 months, but I will take the risk if no one wants to buy my service after the 3 months.
Would need to get at least 4 people to get this started.
Please don't criticize my price based on current BTC price, or future difficulty, as those cannot be predicted with accuracy.
If you are going to make some bad comments, think if you will be willing to do $400/month/Ghash. If yes, I might be interested in buying your contract.
I do welcome comments though.
The reason for the 3 month contract is so that you and I will each take part in the risk, either due to market condition or difficulty. Furthermore, not everyone cares only about making profit.
BTC will be paid out every few days directly to your wallet, so it will appear as if there is no down time.
Calculation will be based on this site http://www.alloscomp.com/bitcoin/calculator.php
I think $400 per month is reasonable, taking into account PC electric cost, PC cost, rent, cooling cost, babysit the machines, potential downtime due to storm or 120F hot weather.
Note that I have enough BTC now even if the machines blow up, I will still be able to pay out everyday.
I can accept more contracts than what I currently have, but if machine do blow up, and I had to stop the BTC payments, I will also refund your $ based on how many days you have left in your contract.
As an added bonus for the world community, I will use Core i7 as my main CPU on all the machines, which will be running Folding@Home to benefit humanity.
All of my current machines run mining, F@H, and BOINC projects.
My feedback can be checked at www.heatware.com
. Search for chungenhung.
Will be back with more details.
Again, comments are welcome.