[AUCTION] 2000 Kh/s Scrypt 7 day Lease

[Musent]

168 Hours (1 week) at 2000 khash/s guaranteed.
(Hardware will usually average 2100+, but I am being conservative)

Starting bid is .01BTC

Bid increment is .005BTC

Buy it Now: .5BTC lease will start early and last through original end time.


BY BIDDING/BUYING, YOU AGREE TO THE TERMS BELOW:

1. You are bidding on a service contract to mine scrypt cypto currency.
2. No physical items are being exchanged in the transaction.
3. Mining difficulty levels fluctuate. I can only guarantee the hash rate, not your net profit.
4. Buyer supplies pool information. Send me a link to the pool's website you wish to use, IE: "http://wdc.theblocksfactory.com/index"
5. 168 hr contract will begin on 1/18/2013 5PM CST and run until 1/24/2013 5PM CST. (IF DATES CHANGE, I WILL LET YOU KNOW).
6. Payment and pool information is due by lease start time.
7. Auction ends Noon CST 1/18/2014

If you have any questions, feel free to contact me before buying.

Thank you and good luck.

[cyclops]

0.01

[leancuisine]

0.04

[cooldgamer]

Do you have any proof of hashing power?  Pictures of rig, links to pool stats, reputable people to vouch for you, etc?  I would love to work with you, but without any proof you're just another scammer taking advantage of the Scrypt rush.

[Musent]

Just took this while mining 42 coin. I haven't done any trades on here yet, so I don't have any reputation.

[damiano]

.05

[gavgav]

0.055

[demonserbia]

0.06

[Khanduras]

.1

[miaviator]

Will you allow escrow for the coins until the end of the lease period?

[Musent]

Will you allow escrow for the coins until the end of the lease period?

Yes, if you feel safer doing the transaction through escrow, that is fine with me. I have never used escrow before, so let me know which service you'd like to use and of course, I'd point the miner towards my wallet until the week was complete. Then we can do the escrow transaction.

I'd ask that you pay the escrow fees, though.

[Khanduras]

I'd actually like to retract my current bid of .1 if it isn't too much trouble. That would put it back at .06.

[Musent]

The contract has been fulfilled and will start today. In 4 days, I will repost another week contract. Thank you all for your bids.

[miaviator]

Did someone order Trout?   Salmon?

[Musent]

Did someone order Trout?   Salmon?

Huh? Care to elaborate?

[Khanduras]

Did someone order Trout?   Salmon?

Huh? Care to elaborate?

"This smells fishy."  Precisely why I retracted my bid.

[Musent]

So then tell me how someone new is supposed to get started on this forum if I don't have feedback and I sent a picture? What else would suffice for trust? I said I would allow escrow on the transaction. Would you like my address social security number etc? Some better feedback other than "smells fishy" would help the community out better I'd think. Correct me if I'm wrong.

[miaviator]

So then tell me how someone new is supposed to get started on this forum if I don't have feedback and I sent a picture? What else would suffice for trust? I said I would allow escrow on the transaction. Would you like my address social security number etc? Some better feedback other than "smells fishy" would help the community out better I'd think. Correct me if I'm wrong.

None of that is required and you actually did a great job responding to cooldgamer's request for proof of ownership.

The issue is that your auction ended with a bid retracted, the highest bidder was never announced by you and you stated that:

The contract has been fulfilled and will start today. In 4 days, I will repost another week contract. Thank you all for your bids.

With no verifiable information on who won, if they paid, etc.  We all started out as un-trusted newbies on these forums.  It's usually through verifiable public deals that one builds trust.  This allows perspective clients/customers/bidders of yours to look back through your post history and if needed contact former customers for verification.  I'll likely bid on your next auction as I'm sure some other rig owners will at the lower prices, I would ask that you allow an escrow agent to hold the original payment and to point the rig at my pool of choice for the duration of the lease.  Once you complete a few auctions and deliver I believe most users would be willing to pay you directly.

[Musent]

So then tell me how someone new is supposed to get started on this forum if I don't have feedback and I sent a picture? What else would suffice for trust? I said I would allow escrow on the transaction. Would you like my address social security number etc? Some better feedback other than "smells fishy" would help the community out better I'd think. Correct me if I'm wrong.

None of that is required and you actually did a great job responding to cooldgamer's request for proof of ownership.

The issue is that your auction ended with a bid retracted, the highest bidder was never announced by you and you stated that:

The contract has been fulfilled and will start today. In 4 days, I will repost another week contract. Thank you all for your bids.

With no verifiable information on who won, if they paid, etc.  We all started out as un-trusted newbies on these forums.  It's usually through verifiable public deals that one builds trust.  This allows perspective clients/customers/bidders of yours to look back through your post history and if needed contact former customers for verification.  I'll likely bid on your next auction as I'm sure some other rig owners will at the lower prices, I would ask that you allow an escrow agent to hold the original payment and to point the rig at my pool of choice for the duration of the lease.  Once you complete a few auctions and deliver I believe most users would be willing to pay you directly.

Fair enough miaviator. I appreciate the constructive feedback as it is very useful. As with the fulfillment of the contract, the business was done through a PM. I'll ask the winner via PM to post on here. With your comment about using an escrow agent next time, I have no problem with that as I'd like to feel safe as well as the buyer. Can you point me in the direction of where a list of these people are please?

On my next auction, I'll post pics of both of my rigs along with my name on them for better proof and use an escrow agent. Thanks again for the info.

[miaviator]

Squall has a fairly large escrow list here: https://bitcointalk.org/index.php?topic=108716.0