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Author Topic: Mhash/s for rent  (Read 2376 times)
fortismilites
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July 01, 2011, 04:08:54 AM
 #1

Im renting out 350 Mhash/s for 1.8 BTC per week. pm me or post here for more info.
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Reikoku
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July 01, 2011, 04:34:49 AM
 #2

0.05 per MH/sec? That's very expensive.

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fortismilites
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July 01, 2011, 08:40:05 AM
 #3

0.05 per MH/sec? That's very expensive.

I looked up some more prices and adjusted it to market average of 1.8 BTC week for full 350 Mhash/s ( compared to 2 BTC that ive seen with other people)
Sannyasi
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July 01, 2011, 08:56:38 AM
 #4

that will produce about .23 a day or 1.61 a week at current difficulty

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Duffman
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July 01, 2011, 01:21:43 PM
 #5

350MHash/s*10^6Hash/MHash*60s/min*60min/h*24h/d*7d/wk*Block/(1379223.4296725*2^32)Hash*50BTC/Block=
1.7867152481724483147159317204098 BTC/wk

if the difficulty is expected to go down to 1369044 or lower, this is worth it; if it isn't, then its not worth it. Wink
CNMOH
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July 01, 2011, 01:28:25 PM
 #6

You can't expect him to pay more than he produces, that wouldn't exactly be profitable.

lemonginger
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July 01, 2011, 02:36:09 PM
 #7

why would someone pay X bitcoins for Y amount of bitcoins if Y<X?
BtcNmcMiner
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July 01, 2011, 02:42:44 PM
 #8

why would someone pay X bitcoins for Y amount of bitcoins if Y<X?
For the same reason that is always referenced when this question is asked. To get freshly mined bitcoins, no risk of ending up with stolen or illegally tainted bitcoins if they come direct from mining. This is worth a premium to some people.

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Reikoku
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July 01, 2011, 10:44:56 PM
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why would someone pay X bitcoins for Y amount of bitcoins if Y<X?
For the same reason that is always referenced when this question is asked. To get freshly mined bitcoins, no risk of ending up with stolen or illegally tainted bitcoins if they come direct from mining. This is worth a premium to some people.

This is the main reason, yes. Bitcoins without a history are worth more to some people.

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