[WTS] CANCELLED: Changing to auction: 350Khash scrypt 30 days $0 hosting costs

[miaviator]

Auction Thread: https://bitcointalk.org/index.php?topic=394759.0

I have a 350Khash +/- 10% scrypt miner.

I'm entertaining offers for 30 days of hashing to your pool/pools.

No maintenance/electric/hosting/etc costs.

I'll consider shorter/longer time-frames as well.

EDIT: Offers in BTC or any alt coin you'd like to offer (Please specify currency)

[vm1990]

0.01

[cooldgamer]

.03

[LDR]

0.04

[miaviator]

These offers are in BTC I hope.

[grendel25]

pretty sure that's how it works around here 

[miaviator]

pretty sure that's how it works around here 

You never know.  I could get .02 (NameAnAltCoinHere) worth .0000002BTC

[grendel25]

Can you be more specific on the terms and details?  I've never seen one of these work before.  Does the winner just give the btc receive address and then can go to middlecoin to monitor that address for payouts?  Seems like that would make sense, then the user/customer could verify the mining speed from the website. 

[LDR]

Yeah in BTC.

I will do multiple months if you are open to it.

[miaviator]

Yeah in BTC.

I will do multiple months if you are open to it.

You seem to have created an account just to reply to this post? 

[LDR]

I have been a member for about a month but yes I am kinda new. I have done a few group buy purchases via PM and that's all I pretty much use this forum for. I have been waiting for something like this, and today I just happened to check right after you posted it. I can PM you more specific information like my identity/TXids(from same wallet I will pay for this with) from the group buy purchases if you'd like.

I will prepay for each month a week or two before the next month starts.

[cooldgamer]

.05

[miaviator]

http://www.coinwarz.com/cryptocurrency/?sha256HashRate=100.00&sha256Power=100.00&sha256PowerCost=0.1206&scryptHashRate=350&scryptPower=0&scryptPowerCost=0.0000&sha256Check=false&scryptCheck=true

-inefficiency, -pool fees of 3-6%, -orphans and issues, you should get a minimum of $2.5 per day.  Likely double to triple if you have a decent pool or have it solo mine alts?

I think .05 is still a bit low.

[cooldgamer]

I'm just bidding here, if anybody else offers more I might beat it.

[SardonicJester]

.06

[gnar1ta$]

Can you be more specific on the terms and details?  I've never seen one of these work before.  Does the winner just give the btc receive address and then can go to middlecoin to monitor that address for payouts?  Seems like that would make sense, then the user/customer could verify the mining speed from the website. 

I would guess, winner pays and provides pool info.  Miner is redirected to wherever you want.

[miaviator]

Can you be more specific on the terms and details?  I've never seen one of these work before.  Does the winner just give the btc receive address and then can go to middlecoin to monitor that address for payouts?  Seems like that would make sense, then the user/customer could verify the mining speed from the website. 

I would guess, winner pays and provides pool info.  Miner is redirected to wherever you want.

Thanks G, I missed this post.

This is a dedicated miner for lease.  Within reason (and US laws) it can do whatever the F* you want it to

You can provide as many pools as you want with whatever balancing/failover/round robbin strategy you choose.

I could also install one or various clients and it could solo mine them.

I haven't tried it yet however, I could proly write a quick script to have say 10 alt pools listed and just pull the most profitable from coinchoose/coinwars/whatever api.  It would stop and restart mining when switching pools.  I think alternate pool and middle coin would do a better job of this though.

I'm sure there is a way to script withdrawing coins from a local wallet to say cryptsy but I'd charge to write that as it would take some time and research.

[grendel25]

Good answer and thank you.  yah... I have no clue about what would be a good round robin pool strat or solo success probability so I'd probably just go with the middlepool option unless someone could point me to a link with some understandable pool hopping strategy.

Very interesting and thanks for providing the service.  I assume you are just doing this out of the goodness of your heart since you could just use the miner for yourself and do much better than the current bid in a month's time.  So, thanks for that too!  I'm still contemplating placing a bid  /ponder /ponder

[miaviator]

Good answer and thank you.  yah... I have no clue about what would be a good round robin pool strat or solo success probability so I'd probably just go with the middlepool option unless someone could point me to a link with some understandable pool hopping strategy.

Very interesting and thanks for providing the service.  I assume you are just doing this out of the goodness of your heart since you could just use the miner for yourself and do much better than the current bid in a month's time.  So, thanks for that too!  I'm still contemplating placing a bid  /ponder /ponder

I don't think I would accept a request for a single pool.  I can explain the different load balance strategies to the buyer and assist with choosing pools if needed.

Goodness of my heart... Yeah, we can go with that...

I am managing risk. 

Based on current calculations $1 per 100Khash per day is the going profit for multi-alt mining, subtract the average electric, hosting, heat, maintenance, etc costs and you would make what $1-$2 a day?   So I make BTC up front to expand my farm and you make the full $3.5 per day with no added costs.  This is using the current value of BTC to USD and average alt to BTC numbers.

I am fairly well trusted (and known for being a jackass) on these forums and I'm not going anywhere. 

***Do your own research and don't blindly trust the numbers given by a seller.  (Besides I got these from Gnar1ta$)

[miaviator]

I believe I'll accept .1BTC for 30 days or .18BTC for 60 days.

Otherwise I'm taking the highest bidder some time on 1/2/2014 mining from 1/3/2014 until 30 days later.

Again if anyone has any better math please provide it.

I'll likely have 2-10 more offerings of about the same amount next month (and year).