Up for auction is 5 x 24 hour leases of 2,000Khash of scrypt mining power.
5 days are available! Please bid in Quantity @ Price incriments
If you bid on all 5 days it would be:
5@0.02BTC This is not a uniform price auction.
The five highest bids will win a 24 hour slot in order of bid posting time.
Starting Bid:0.02
BTC each
Bid Incriment:0.005
BTC each
Invalid Bids will be rounded up
Lease Time: 1 Day/24 Hours
Miner: LC01 & LC02
Auction ends 5PM GMT 1/27/2014
Payment and pool information due by lease start time.Slot 1) Lease Begins 1/27/2014 7PM GMT and lasts through 1/28/2014 7PM GMT
Slot 2) Lease Begins 1/28/2014 7PM GMT and lasts through 1/29/2014 7PM GMT
Slot 3) Lease Begins 1/29/2014 7PM GMT and lasts through 1/30/2014 7PM GMT
Slot 4) Lease Begins 1/30/2014 7PM GMT and lasts through 1/31/2014 7PM GMT
Slot 5) Lease Begins 1/31/2014 7PM GMT and lasts through 2/1/2014 7PM GMT
Timer is for reference only. The forum time-stamp will count as the official timer.
Lease Features:
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: cyclops
Lease Term: Listed in auction
Hash Rate: Listed in auction
Business Day: 5PM to 10PM GMT+1
Miner: Listed in auction
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 (c/s)gminer on Windows 7 64bit.
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 (c/s)gminer.
6. Buyer may further choose to solo mine coins based on client availability for Windows 7 64bit.
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 (c/s)gminer after HW errors are taken into account. Pool rejects/stales/availability are not considered a decrease in the provided hashing power.
Proof of Hashing Power:
http://imagizer.imageshack.us/v2/800x600q90/600/h9u9.pnghttp://imagizer.imageshack.us/v2/800x600q90/855/nb5g.png
