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Author Topic: Auction- 2.5-2.6Mh/s Scrypt Mining 7 Day Lease  (Read 3032 times)
spartan82 (OP)
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January 07, 2014, 09:52:03 AM
 #1

Im putting up one of my miners for a 7 day lease. Here are some pics of the miner.
It's mining constantly over 2.6Mh/s but im calling it 2.5Mh/s for arguments sake.






Starting bid is .01BTC

Bid increment is .005BTC

Any invalid bids will be rounded UP to the nearest valid incriment.

Auction ends 5PM EST 1/8/2014

Payment and pool information is due by lease start time.

Lease Begins 1/8/2014 6PM EST and lasts through 1/15/2014 6PM EST.


Lease terms: (thanks to miaviator for letting me use the following)

Quote
Buyer: Highest bidder by public post at the close of the auction.
Seller: spartan82
Lease Term: 7 Days
Hash Rate: 2500-2600Khash
Business Day: 10AM to 6PM EST M-F.

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 Windows 7.
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 Windows 7. 
7. Buyer may request changes to the dedicated miner either by a predefined schedule or criteria or twice 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.

Im able to access my miner remotely so if the winning bidder has a request to change pools, a simple message to my bitcointalk.org account will notify me by email and if I happen to be away from home I can remotely change from my phone. No stress!

Any more questions, feel free to ask..




spartan82 (OP)
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January 07, 2014, 09:53:53 AM
 #2

second image..
squall1066
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January 07, 2014, 10:07:29 AM
 #3

I will start 0.01
SStalin
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January 07, 2014, 11:21:24 AM
 #4


 0.02
WorldWideBTC
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January 07, 2014, 12:49:07 PM
 #5

Bidding @ 0.025
pmq
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January 07, 2014, 12:59:38 PM
 #6

0.03
yakuza699
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January 07, 2014, 02:56:35 PM
 #7

0.035

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BTC BitDice.me 
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January 07, 2014, 03:57:39 PM
 #8

0.04

yakuza699
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January 07, 2014, 04:50:32 PM
 #9

0.045

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TheOrri
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January 07, 2014, 05:56:15 PM
 #10

0.05  Smiley
damiano
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103 days, 21 hours and 10 minutes.


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January 07, 2014, 06:09:58 PM
 #11

.1
leancuisine
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January 07, 2014, 06:23:02 PM
 #12

0.105

damiano
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103 days, 21 hours and 10 minutes.


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January 07, 2014, 07:46:38 PM
 #13

.13
spartan82 (OP)
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January 08, 2014, 02:37:51 AM
 #14

second image..


I've had a PM in regards to shares as seen in the above pic why it's showing the way it is, thought I might shed light to it here, for those that don't understand the rig is solo mining TAG coins- two blocks have been solved since the beginning of this thread- hashes perfect normal.
yakuza699
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January 08, 2014, 01:18:59 PM
 #15

0.135

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yakuza699
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January 08, 2014, 03:51:40 PM
 #16

0.135

Probably going to win this.

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EnJoyThis
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January 08, 2014, 08:59:28 PM
 #17

BTC0.14

1Ew9k5guAGb44Uz6rYfSVscgFBUcgDZp5C
yakuza699
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January 08, 2014, 09:11:00 PM
 #18

0.145

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EnJoyThis
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January 08, 2014, 09:15:41 PM
 #19

0.145

I hate those time zones....

Aeen't you 11min late??

1Ew9k5guAGb44Uz6rYfSVscgFBUcgDZp5C
spartan82 (OP)
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January 08, 2014, 09:18:25 PM
 #20

0.145

I hate those time zones....

Aeen't you 11min late??

Sorry guys didnt know how else to do it, next time ill actually have a counter on here and we will work with that. There is just under 50mins left, 0.145 highest bid so far..
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