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Trustless hosting Service w/ Free Electricity
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Topic: Trustless hosting Service w/ Free Electricity (Read 682 times)
User705
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Trustless hosting Service w/ Free Electricity
September 20, 2013, 05:06:16 AM
#1
I have access to a location with free electricity. I'd like to offer a hosting service but I don't want to reveal too much about myself or the location for obvious reasons. Would anyone be interested in hosting with me if I were to escrow the entire cost of the unit with John K as security. What are possible issues or conditions that anyone would want? Also what fees would make this competitive. Keep in mind this would be much better then any other hosting service since you don't need to trust me at all. Any other service if something happens you'd have to wait for insurance and possibly still need to collect somehow in case of disputes but with me the total cost is 100% escrowed with John K.
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🏰 TradeFortress 🏰
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Re: Trustless hosting Service w/ Free Electricity
September 20, 2013, 06:00:02 AM
#2
How is that trustless? What if you steal my bitcoins with hardware access to my server?
User705
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Re: Trustless hosting Service w/ Free Electricity
September 20, 2013, 06:44:55 AM
#3
Quote from: TradeFortress on September 20, 2013, 06:00:02 AM
How is that trustless? What if you steal my bitcoins with hardware access to my server?
Then you'd collect the full price of the unit from escrow. Every other hosting service has to be trusted.
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b!z
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Re: Trustless hosting Service w/ Free Electricity
September 20, 2013, 02:34:30 PM
#4
Quote from: User705 on September 20, 2013, 06:44:55 AM
Quote from: TradeFortress on September 20, 2013, 06:00:02 AM
How is that trustless? What if you steal my bitcoins with hardware access to my server?
Then you'd collect the full price of the unit from escrow. Every other hosting service has to be trusted.
Is this hosting for ASICs or servers?
Mooshire
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Re: Trustless hosting Service w/ Free Electricity
September 20, 2013, 03:28:32 PM
#5
Quote from: b!z on September 20, 2013, 02:34:30 PM
Quote from: User705 on September 20, 2013, 06:44:55 AM
Quote from: TradeFortress on September 20, 2013, 06:00:02 AM
How is that trustless? What if you steal my bitcoins with hardware access to my server?
Then you'd collect the full price of the unit from escrow. Every other hosting service has to be trusted.
Is this hosting for ASICs or servers?
Common sense says miners, since he's talking about free electricity and hosting, two things often discussed here.
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User705
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Re: Trustless hosting Service w/ Free Electricity
September 20, 2013, 05:47:31 PM
#6
Sorry to be unclear. This is for hosting of ASIC miners.
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