15 day mining contract

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Topic: 15 day mining contract (Read 1289 times)

yochdog (OP)

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15 day mining contract

February 23, 2012, 03:56:58 PM

Terms:

-guaranteed 20,500 MH/s for 15 days
-Payouts every 2 days, with one final payment at contract expiration
-Expected payout of 224.70 BTC
-Price is 215 BTC

First come first served. Only selling one of these.

I am a trusted trader! Ask Inaba, Luo Demin, Vanderbleek, Sannyasi, Episking, Miner99er, Isepick, Amazingrando, Cablez, ColdHardMetal, Dextryn, MB300sd, Robocoder, gnar1ta$ and many others!

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joeyjoe

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Re: 15 day mining contract

February 24, 2012, 03:06:30 AM

I dont understand why you dont just mine yourself and keep it and make the more money?

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portron

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Re: 15 day mining contract

February 24, 2012, 03:21:06 AM

So he can have the BTC up front...

vampire

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Re: 15 day mining contract

February 24, 2012, 03:23:17 AM
Last edit: February 24, 2012, 04:27:59 AM by vampire

Quote from: joeyjoe on February 24, 2012, 03:06:30 AM

I dont understand why you dont just mine yourself and keep it and make the more money?

4% difference and money up front. And difficulty can go up.

copumpkin

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Re: 15 day mining contract

February 24, 2012, 04:13:54 AM

Quote from: joeyjoe on February 24, 2012, 03:06:30 AM

I dont understand why you dont just mine yourself and keep it and make the more money?

Same reasons farmers sell futures, among others.

yochdog (OP)

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Re: 15 day mining contract

February 24, 2012, 04:32:56 AM

Quote from: joeyjoe on February 24, 2012, 03:06:30 AM

I dont understand why you dont just mine yourself and keep it and make the more money?

Looks like the other folks educated you already, but think about time value for a minute, you can figure it out.

I am a trusted trader! Ask Inaba, Luo Demin, Vanderbleek, Sannyasi, Episking, Miner99er, Isepick, Amazingrando, Cablez, ColdHardMetal, Dextryn, MB300sd, Robocoder, gnar1ta$ and many others!

Eveofwar

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Re: 15 day mining contract

February 24, 2012, 04:40:52 AM

Quote from: yochdog on February 24, 2012, 04:32:56 AM

Quote from: joeyjoe on February 24, 2012, 03:06:30 AM

I dont understand why you dont just mine yourself and keep it and make the more money?

Looks like the other folks educated you already, but think about time value for a minute, you can figure it out.

You're making some money once difficulty rises here in about a week Wink

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