[AUCTION][ENDS:1.20|3PM EST] 375Khash Scrypt 7 day lease #2L10

[miaviator]

Up for auction is a 7 day lease of 375Khash of scrypt mining power.

Starting bid: 0.01BTC 
Bid increment: .005BTC 
Lease Time: 1 Week/7 Days/168 Hours
Miner: L10

Auction ends 3PM EST 1/20/2014
Payment and pool information due by lease start time.
Lease Begins 1/20/2014 8PM EST and lasts through 1/27/2014 8PM EST. 

Timer is for reference only.  The forum time-stamp will count as the official timer.


Lease Features:

• Battery Backup
• Three available networks
• Backup miners in case of failure
• Proven compensation with extra hashing power and/or refunds for downtime
• 105%-110% rated performance provided
• Ability to solo mine or setup scheduled pool changes

Agreement to lease scrypt mining power:

Buyer: Highest bidder by public post at the close of the auction.
Seller: miaviator/gnar1ta$
Lease Term: Listed in auction
Hash Rate: Listed in auction
Business Day: 10AM to 6PM EST M-F excluding US holidays.
Miner: Listed in auction
Redundancy: Automatic Power, Manual Network, Manual Backup Miner.

Buyer agrees to pay the amount of the winning bid in BTC up front to Seller in exchange for a lease of scrypt mining power at the above defined hash rate +/-5% variance.

1. seller will host a dedicated miner for the buyer for the duration of the lease term.
2. seller will provide hash power using cgminer 3.7.2 on Ubuntu Linux 12.04 LTS.
3. seller will cover any and all hosting/electric/cooling/network/hardware/maintenance costs.
4. Seller will reimburse buyer for downtime on an hourly basis (in one hour blocks) based on: contract price / lease term / 24 hours * hours of downtime = x BTC per hour

5. Buyer may choose what pool(s) to mine with failover, load-balance, quota, and other multi-pool options available in cgminer. 
6. Buyer may further choose to solo mine coins based on client availability for Ubuntu Linux 12.04 LTS. 
7. Buyer may request changes to the dedicated miner either by a predefined schedule or criteria or once per business day.  Changes may take up to 8 business hours for implementation if not scheduled.

8. Sellers maximum liability is limited to the initial purchase price decreasing per hour the purchased hash power is available.
9. Any increase in hashing power will not be considered a breach by either party.
10. Hash per second numbers are as reported by cgminer after HW errors are taken into account.  Pool rejects/stales/availability are not considered a decrease in the provided hashing power.

If this dedicated miner is auctioned at the end of the lease term the current buyer will receive a 10% discount on their posted bid to continue mining without changes.

[1714106437]

1714106437

[1714106437]

1714106437

[1714106437]

1714106437

[1714106437]

1714106437

[cyclops]

0.01

[squall1066]

0.02

[damiano]

.035

[gnar1ta$]

I think we should post a payment address, and if payment isn't received in time the next highest bidder can see and have an opportunity to win the lease. 

[miaviator]

I think we should post a payment address, and if payment isn't received in time the next highest bidder can see and have an opportunity to win the lease. 

Can't edit the OP in an auction.  I'd rather change the auctions to end 24 hours prior to the lease starting and sell off any unpaid auctions to private buyers one hour before the lease starts.

.035

Highest bid is .035BTC

[miaviator]

A list of our previous auctions can be seen here: https://bitcointalk.org/index.php?topic=420784.0

[pennino]

how many time remain?

[miaviator]

how many time remain?

[miaviator]

.035

4:30 remaining.  High bid is .035BTC

[pennino]

.040

[pennino]

i win?

[miaviator]

i win?

You win.

.040

Sold.

.04BTC

1HTuNLYAUZPULHu6G6qMyMhX3odvTjsBUg

PM Pool info.  This rig will auto swap pools at 8PM EST so I need your primary and backup pool prior that time.  If you don't have a backup pool please provide a BTC address and I will set middle coin as the backup.

[pennino]

hi this is my first auction that win so i must pay.
i must transfer bitcoin from cex.io to wallet and after transfer you or i can pay directly from cex.io?

[miaviator]

hi this is my first auction that win so i must pay.
i must transfer bitcoin from cex.io to wallet and after transfer you or i can pay directly from cex.io?

You should be able to withdraw from Cex to that BTC address I don't know what their withdraw fee is though so it may not be economical.

[gnar1ta$]

hi this is my first auction that win so i must pay.
i must transfer bitcoin from cex.io to wallet and after transfer you or i can pay directly from cex.io?

You can pay directly from cex.io if you have the BTC there.  Just click on the balance tab and withdraw from the Bitcoin balance to the address posted above.  The fee is .001 BTC

[pennino]

ok i has make transfer from cex.io to my wallet and after i will transer you

[pennino]

ok i has transer you see pm

[miaviator]

Payment received.

Pools are set to auto start at 8PM EST.

[miaviator]

Code:

cgminer version 3.7.2 - Started: [2014-01-20 20:49:22]
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Lease Begins 1/20/2014 9PM EST and lasts through 1/27/2014 9PM EST.