[ANN] BETARIGS.COM - Cryptocurrency cloud mining - thousands of rigs available!

[gunner0136]

Rig #34 Minecraft ---)

I just would like to let you all know I have my rig listed at 2500 kh/s but you will more than likely be higher than that.  I am on my 3rd order with no real problems so far.  If you see me up for rent give me a try and let me know what you think.  I have a constant remote connection to the rig and I work 5 minutes away so if there are any problems I can get on it and get it back going fast. 



As always lets go find those diamonds  ---)

[carly200]

maybe have people pay BTC first to their account and only then allow them to rent a rig? then there would be no waiting time...

you could then give them a (e.g. 5min) period to cancel their rent (like google play's, return policy), if needed.




like the idea of that service, btw...!



other idea: calculate rig-availability/downtime over last x hours/days... so when choosing a rig user can guestimate the reliablilty...

[jro238]

Wanted to let anyone interested in the service know that I have been successfully paid for all three rig rentals from yesterday without issue.

An idea I had for renters:
If people are able to deposit btc into their betarig account to pay for rentals (as I assume will probably be the case at some point) there could be a system in place to reserve rentals.  Example: I could reserve a rental for a rig that is currently mining on another lease so that it would start mining for me immediately after the current lease is up or extend/re-rent if the current lease was my own.  This would mean that people could stick with rigs they like or prices they like even if they aren't able to be at a computer the minute the rig becomes available.

Thanks for the great service mux!

[carly200]

i like that idea!

[Asmegin]

Site says mining but not getting any hash from:

Mining rig #252 BadBoy

Been over an hour but nothing yet. Other rigs I've rented work fine.

Will wait until hour or so before making any judgement

[Nullu]

I think I've been a newb. I didn't put my login name with the worker name. I'll wait 10 minutes and see if the rig comes online.  

Edit: Yep, my bad. Silly mistake.

[mechx]

4 people have leased my rigs so far over 38 hours, nice going    betarigsmech

Just want to say, very good job to the creator of this site! When payments can be streamlined it'd be perfect.

[tfbpa]

Just woke up and noticed that "frun89" rented my rig #158 and would like to know how things went.

From my end, what I can see, all went fine. Not a single minute downtime, no stales, 1.95% rejects and lots of work done.

But if you are on here, please let me know your thoughts about how it went.

Thanks.

[Speedie]

If the person renting HashMaster6 is on here ("loz"), please check your pool. CGMiner shows endless new blocks and rejections like this:

 [2014-01-29 20:42:17] Stratum from pool 0 detected new block
 [2014-01-29 20:42:18] Stratum from pool 0 detected new block
 [2014-01-29 20:42:20] Stratum from pool 0 detected new block
 [2014-01-29 20:42:21] Stratum from pool 0 detected new block
 [2014-01-29 20:42:22] Stratum from pool 0 detected new block
 [2014-01-29 20:42:25] Stratum from pool 0 detected new block
 [2014-01-29 20:42:25] Found block for pool 0!
 [2014-01-29 20:42:26] Rejected 01e6e924 Diff 34.5K/1024 BLOCK! GPU 5 pool 0 (Worker is temporarily banned

There is no reason for the worker to be banned, and you're not receiving credit for the found shares and blocks.

Also the pool's vardiff is sending difficulty 1024 work for a 0.xxxx difficulty coin which is a recipe for failure.

[gunner0136]

If the person renting HashMaster6 is on here ("loz"), please check your pool. CGMiner shows endless new blocks and rejections like this:

 [2014-01-29 20:42:17] Stratum from pool 0 detected new block
 [2014-01-29 20:42:18] Stratum from pool 0 detected new block
 [2014-01-29 20:42:20] Stratum from pool 0 detected new block
 [2014-01-29 20:42:21] Stratum from pool 0 detected new block
 [2014-01-29 20:42:22] Stratum from pool 0 detected new block
 [2014-01-29 20:42:25] Stratum from pool 0 detected new block
 [2014-01-29 20:42:25] Found block for pool 0!
 [2014-01-29 20:42:26] Rejected 01e6e924 Diff 34.5K/1024 BLOCK! GPU 5 pool 0 (Worker is temporarily banned

There is no reason for the worker to be banned, and you're not receiving credit for the found shares and blocks.

Also the pool's vardiff is sending difficulty 1024 work for a 0.xxxx difficulty coin which is a recipe for failure.

Me and the roommate had a chuckle at that one

[nocare]

Rig #34 Minecraft ---)

I just would like to let you all know I have my rig listed at 2500 kh/s but you will more than likely be higher than that.  I am on my 3rd order with no real problems so far.  If you see me up for rent give me a try and let me know what you think.  I have a constant remote connection to the rig and I work 5 minutes away so if there are any problems I can get on it and get it back going fast. 

As always lets go find those diamonds  ---)

Oh nice. I spotted your rig, seemed an intelligent listing and ordered it. First time using the service.
Fancy seeing you here. haha.

Nice doing business with ya

[gunner0136]

Rig #34 Minecraft ---)

I just would like to let you all know I have my rig listed at 2500 kh/s but you will more than likely be higher than that.  I am on my 3rd order with no real problems so far.  If you see me up for rent give me a try and let me know what you think.  I have a constant remote connection to the rig and I work 5 minutes away so if there are any problems I can get on it and get it back going fast. 

As always lets go find those diamonds  ---)

Oh nice. I spotted your rig, seemed an intelligent listing and ordered it. First time using the service.
Fancy seeing you here. haha.

Nice doing business with ya

Well so far it looks good.  Average is setting at 2.675 Mh/s right now.  we did start with a few rejects but they have worked out it looks like.  Let me know how you liked the service.  -Boneyard- #30 is ran by my room mate and we work opposite schedules so you have someone on hand at the rigs 24/7 in case of problems.

[linkgabbie]

This is a good idea, but am I the only one that thinks the price is a little high ?

4020 kh/s   0.09045 BTC  You'd be lucky to make .09 in 24 hours with 4k hash..

[jro238]

To manifest23 (rig #33):

I couldn't find you under that name on the forum but rig 33 is currently getting something close to 50% rejects and keeps failing over onto my backup pool.  I have double checked the rig itself but it is completely stable on middlecoin (my backup pool) so I have to conclude that it is a problem with your pool.  You may want to check into this.

[gunner0136]

This is a good idea, but am I the only one that thinks the price is a little high ?

4020 kh/s   0.09045 BTC  You'd be lucky to make .09 in 24 hours with 4k hash..

I am sure the prices will come down.  This site has only been up a couple days.  People right now are paying what the rig owners are putting in so I guess the price is right where the demand is right now.

[efarah2549]

There needs to be more in the FAQ

what do I need to put in pool url, is that the stratum info?  Is pool login/password for the worker?

[Speedie]

This is a good idea, but am I the only one that thinks the price is a little high ?

4020 kh/s   0.09045 BTC  You'd be lucky to make .09 in 24 hours with 4k hash..

If rig rental rates weren't higher than could be obtained by straight mining, then there wouldn't be any incentive to make them available for rent. There's risk on both sides of the equation, and the market seems to be doing a good job of sorting out a reasonable rent. If rates are too high then the rigs won't be rented. If they're too low then there's no incentive to rent them out. Somewhere in the middle is the equilibrium of supply and demand.

You also have to keep in mind that a lot of the rented rigs aren't being used to mine whatever's top of the list at CoinWarz or wherever. If someone wants to accumulate a stash of a fairly recently launched coin, and it's not on any exchanges yet, then the only way to accomplish it is to mine them. Plenty of people who don't have the time / space / funds / electrical capacity to run expensive rigs 24/7, so this marketplace lets them decide if they want to speculate on leasing someone else's equipment for a while.

Essentially the going rate will end up being normal mining returns + speculative premium. That speculative premium is what supply and demand is sorting out as we speak.

[Speedie]

There needs to be more in the FAQ

what do I need to put in pool url, is that the stratum info?  Is pool login/password for the worker?

Yes. So:

URL: stratum+tcp://poolurl:port
Login: worker name, usually in the format login.worker#
Password: worker password

[mechx]

Nicely said.

This is a good idea, but am I the only one that thinks the price is a little high ?

4020 kh/s   0.09045 BTC  You'd be lucky to make .09 in 24 hours with 4k hash..

If rig rental rates weren't higher than could be obtained by straight mining, then there wouldn't be any incentive to make them available for rent. There's risk on both sides of the equation, and the market seems to be doing a good job of sorting out a reasonable rent. If rates are too high then the rigs won't be rented. If they're too low then there's no incentive to rent them out. Somewhere in the middle is the equilibrium of supply and demand.

You also have to keep in mind that a lot of the rented rigs aren't being used to mine whatever's top of the list at CoinWarz or wherever. If someone wants to accumulate a stash of a fairly recently launched coin, and it's not on any exchanges yet, then the only way to accomplish it is to mine them. Plenty of people who don't have the time / space / funds / electrical capacity to run expensive rigs 24/7, so this marketplace lets them decide if they want to speculate on leasing someone else's equipment for a while.

Essentially the going rate will end up being normal mining returns + speculative premium. That speculative premium is what supply and demand is sorting out as we speak.

[linkgabbie]

This is a good idea, but am I the only one that thinks the price is a little high ?

4020 kh/s   0.09045 BTC  You'd be lucky to make .09 in 24 hours with 4k hash..

If rig rental rates weren't higher than could be obtained by straight mining, then there wouldn't be any incentive to make them available for rent. There's risk on both sides of the equation, and the market seems to be doing a good job of sorting out a reasonable rent. If rates are too high then the rigs won't be rented. If they're too low then there's no incentive to rent them out. Somewhere in the middle is the equilibrium of supply and demand.

You also have to keep in mind that a lot of the rented rigs aren't being used to mine whatever's top of the list at CoinWarz or wherever. If someone wants to accumulate a stash of a fairly recently launched coin, and it's not on any exchanges yet, then the only way to accomplish it is to mine them. Plenty of people who don't have the time / space / funds / electrical capacity to run expensive rigs 24/7, so this marketplace lets them decide if they want to speculate on leasing someone else's equipment for a while.

Essentially the going rate will end up being normal mining returns + speculative premium. That speculative premium is what supply and demand is sorting out as we speak.

Good point... +1