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Author Topic: [Auction] 240Khash Scrypt Mining 15 day lease  (Read 781 times)
cyclops
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January 09, 2014, 09:35:08 PM
 #1

Up for auction is a 15 day lease of 240-245Khash of scrypt mining power.

Starting bid is .01BTC

Bid increment is .005BTC

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

Auction ends 12/01/2014 at 12:00 GMT+0

Lease will start when both payment and pool information is received.

Lease lasts for 15 days from the moment pool is set up.

Agreement to lease scrypt mining power:

Buyer: Highest bidder by public post at the close of the auction.
Seller: cyclops
Lease Term: 15 Days
Hash Rate: 240Khash-245Khash


Code:
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 GUI-Miner 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 GUI-Miner. 
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 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 GUI-Miner after HW errors are taken into account.  Pool rejects/stales/availability are not considered a decrease in the provided hashing power.
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squall1066
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January 09, 2014, 09:43:21 PM
 #2

0.01
leancuisine
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January 09, 2014, 10:07:54 PM
 #3

0.015

TechByPC
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January 10, 2014, 01:32:21 AM
 #4

.02
viriat0
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January 10, 2014, 05:19:40 PM
 #5

0.025
cyclops
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January 10, 2014, 11:22:37 PM
 #6

Thanks for the bids!
squall1066
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January 11, 2014, 04:19:48 PM
 #7

0.03
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January 12, 2014, 12:36:33 AM
 #8

Auction ends today!
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January 12, 2014, 01:22:11 AM
 #9

0.035

      ▄▄▀▀▀▀▀▀▀▀▀▄▄           ▄▄▀▀▀▀▀▀▀▀▀▄▄           ▄▄▀▀▀▀▀▀▀▀▀▀▄▄           ▄▄▀▀▀▀▀▀▀▀▀▄▄           ▄▄▀▀▀▀▀▀▀▀▀▄▄           ▄▄█████████▄▄
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.POWER. PLAY
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EURO
MILLIONS

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miaviator
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January 12, 2014, 03:15:16 AM
 #10

It's customary to ask permission before blatantly ripping off someones work.  I've given several users permissions to copy my terms and auction format.  I don't see you on the list?

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

Thanks

cyclops
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January 12, 2014, 09:57:14 AM
 #11

It's customary to ask permission before blatantly ripping off someones work.  I've given several users permissions to copy my terms and auction format.  I don't see you on the list?

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

Thanks

You are right I should have asked before, next time I'll do, sorry for the inconvenience.

P.D. 1 Hour left!
cyclops
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January 12, 2014, 10:56:30 AM
 #12

Woops, now yes, 1 Hour left http://wwp.greenwichmeantime.com
squall1066
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January 12, 2014, 11:24:21 AM
 #13

i'll go 0.04
cyclops
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January 12, 2014, 12:02:29 PM
 #14

i'll go 0.04


Auction ended, you win! I've PM'ed you with payment information.
squall1066
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January 12, 2014, 12:18:00 PM
 #15

i'll go 0.04


Auction ended, you win! I've PM'ed you with payment information.

Paid and pool info sent, Thank you
cyclops
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January 12, 2014, 12:33:39 PM
 #16

i'll go 0.04


Auction ended, you win! I've PM'ed you with payment information.

Paid and pool info sent, Thank you

Confirmed, GPU is mining.
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