yochdog (OP)
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Merit: 1000
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September 06, 2011, 07:18:59 PM
Last edit: October 28, 2011, 04:12:57 PM by yochdog |
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I own a mining operation that hashes at the ridiculous rate of 9,000+ MH/s, and gets closer to 10,000 MH/s in the evening. Over the last week I have averaged over 9,000 MH/s. I am willing to rent out this "farm" to interested parties.
Terms are as follows:
1) 7 day contract
2) Guaranteed 9,000 MH/s average over the contract term
3) MINING WILL BE DONE AT MY CURRENT POOL, you will merely recieve the pay-outs. I will set auto payment for every 2.5 BTC
4) Any increase in mining power over the contract is yours, gratis. (I still have a few GPU's to put to work)
5) Payment is to be made half in advance, half at the midpoint of the contract.
Price: 32 BTC
My terms are firm, please DO NOT ask for something different. If no one is interested, I am glad to keep hashing away and keeping the BTC myself.
If you would like to purchase this contract, reply with your BTC address and send your initial payment (16 BTC) to my address (which can be found below).
Thanks!
Please read this as well!
Since I have begun offering these contracts, the difficulty level has fallen SIGNIFICANTLY, and my hashing power has grown. I now average over 11,000 MH/s.
Given these new circumstances, the price for a 7 day contract is now 55 BTC. I am pricing this based on an assumed difficulty of 1,250,000 (which should be very close to where the next adjustment will be).
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I am a trusted trader! Ask Inaba, Luo Demin, Vanderbleek, Sannyasi, Episking, Miner99er, Isepick, Amazingrando, Cablez, ColdHardMetal, Dextryn, MB300sd, Robocoder, gnar1ta$ and many others!
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Chemicalbro
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September 06, 2011, 07:27:09 PM |
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Just curious if you have rep
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MoonShadow
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Merit: 1007
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September 06, 2011, 07:27:29 PM |
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I own a mining operation that hashes at the ridiculous rate of 9,000+ MH/s, and gets closer to 10,000 MH/s in the evening.
Why does it go up in the evening? 5) Payment is to be made half in advance, half at the midpoint of the contract.
Price: 32 BTC
Why are you doing this, if you can earn more just hashing? |
"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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Chemicalbro
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September 06, 2011, 07:30:43 PM |
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I'm assuming so he can buy more hardware upfront to add
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yochdog (OP)
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September 06, 2011, 07:51:39 PM |
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Just curious if you have rep
There is another thread up here for my last contract, went off without a hitch and the buyer verified that. Look for the thread titled "mining contract - 8,000 MH/s" |
I am a trusted trader! Ask Inaba, Luo Demin, Vanderbleek, Sannyasi, Episking, Miner99er, Isepick, Amazingrando, Cablez, ColdHardMetal, Dextryn, MB300sd, Robocoder, gnar1ta$ and many others!
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yochdog (OP)
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Activity: 2044
Merit: 1000
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September 06, 2011, 07:57:03 PM |
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I own a mining operation that hashes at the ridiculous rate of 9,000+ MH/s, and gets closer to 10,000 MH/s in the evening.
Why does it go up in the evening? 5) Payment is to be made half in advance, half at the midpoint of the contract.
Price: 32 BTC
Why are you doing this, if you can earn more just hashing? I have miners that do not run during the day, as the workstations are being used for other purposes. I bump up about 1 GH overnight. I went into a whole explanation of why I am willing to pre-sell for less than expected value. If you really want to read the debate, head over the the thread titled "mining contract - 8,000 MH/s". It basically boils down to exchange rate risk. I get 32 BTC of certain value today, the buyer gets 36+ BTC of uncertain value over the next week. that help? |
I am a trusted trader! Ask Inaba, Luo Demin, Vanderbleek, Sannyasi, Episking, Miner99er, Isepick, Amazingrando, Cablez, ColdHardMetal, Dextryn, MB300sd, Robocoder, gnar1ta$ and many others!
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MoonShadow
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September 06, 2011, 10:21:52 PM |
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I went into a whole explanation of why I am willing to pre-sell for less than expected value. If you really want to read the debate, head over the the thread titled "mining contract - 8,000 MH/s". It basically boils down to exchange rate risk. I get 32 BTC of certain value today, the buyer gets 36+ BTC of uncertain value over the next week.
that help?
So you are hedging then? |
"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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yochdog (OP)
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Activity: 2044
Merit: 1000
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September 07, 2011, 01:06:21 AM |
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I went into a whole explanation of why I am willing to pre-sell for less than expected value. If you really want to read the debate, head over the the thread titled "mining contract - 8,000 MH/s". It basically boils down to exchange rate risk. I get 32 BTC of certain value today, the buyer gets 36+ BTC of uncertain value over the next week.
that help?
So you are hedging then? Precisely. I am willing to forego some expected return to lock in some certainty. The very definition of "hedging". I jus topped 10,000 MH/s.....very cool moment! So is anyone interesed in this contract? |
I am a trusted trader! Ask Inaba, Luo Demin, Vanderbleek, Sannyasi, Episking, Miner99er, Isepick, Amazingrando, Cablez, ColdHardMetal, Dextryn, MB300sd, Robocoder, gnar1ta$ and many others!
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Chemicalbro
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September 07, 2011, 01:20:25 AM |
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Ok, I'll bite.
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pbj sammich
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Activity: 272
Merit: 250
Fighting Liquid with Liquid
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September 07, 2011, 12:32:40 PM |
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is this sold?
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yochdog (OP)
Legendary
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Activity: 2044
Merit: 1000
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September 07, 2011, 02:03:52 PM |
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is this sold?
I am currently committed to a contract that runs through September 13th. If you are interested in purchasing a contract after that date, we might be able to work something out. |
I am a trusted trader! Ask Inaba, Luo Demin, Vanderbleek, Sannyasi, Episking, Miner99er, Isepick, Amazingrando, Cablez, ColdHardMetal, Dextryn, MB300sd, Robocoder, gnar1ta$ and many others!
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payb.tc
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September 09, 2011, 10:07:53 AM |
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sent you a pm by the way
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saykor
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September 13, 2011, 10:40:04 PM |
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Hi,
I want to buy a contract. It is still available?
Regards,
Saykor
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payb.tc
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September 13, 2011, 11:23:37 PM |
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i just bought sep 13th to sep 20th.
you'll have to get in line after that.
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saykor
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September 13, 2011, 11:24:37 PM |
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i just bought sep 13th to sep 20th.
you'll have to get in line after that.
ok no problem. I will wait one week. |
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yochdog (OP)
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Activity: 2044
Merit: 1000
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September 14, 2011, 01:28:57 PM |
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i just bought sep 13th to sep 20th.
you'll have to get in line after that.
ok no problem. I will wait one week. The 20-27th has also been purchased. |
I am a trusted trader! Ask Inaba, Luo Demin, Vanderbleek, Sannyasi, Episking, Miner99er, Isepick, Amazingrando, Cablez, ColdHardMetal, Dextryn, MB300sd, Robocoder, gnar1ta$ and many others!
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payb.tc
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September 15, 2011, 03:24:36 AM |
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almost 8 btc back already by the way. at the rate i'm seeing so far my best calculated guess right now for the contract is 36.89 btc... we'll see at the end how accurate that guess turns out to be  |
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saykor
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September 15, 2011, 03:45:05 AM |
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i just bought sep 13th to sep 20th.
you'll have to get in line after that.
ok no problem. I will wait one week. The 20-27th has also been purchased. count me please next on the line |
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yochdog (OP)
Legendary
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Activity: 2044
Merit: 1000
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September 16, 2011, 01:42:02 AM |
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*UPDATE* for all those interested in these contracts.
I am now holding steady at 10,000 MH/s.
If you are interested in renting this type of capacity, the price is now 37 BTC per 7 day contract.
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I am a trusted trader! Ask Inaba, Luo Demin, Vanderbleek, Sannyasi, Episking, Miner99er, Isepick, Amazingrando, Cablez, ColdHardMetal, Dextryn, MB300sd, Robocoder, gnar1ta$ and many others!
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jduck1987
Member
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Activity: 81
Merit: 10
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September 16, 2011, 05:44:45 AM |
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*UPDATE* for all those interested in these contracts.
I am now holding steady at 10,000 MH/s.
If you are interested in renting this type of capacity, the price is now 37 BTC per 7 day contract.
Glad I got in when it was 32BTC! |
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