360Kh/s Scrypt 28 Day lease #3L15 [E:2.13 23:55]

Up for auction is a 28 day lease of .36Mh/s of scrypt mining power.

Starting bid: 0.01BTC
Minimum bid increment: .005BTC
Reserve Price Hash: 88355bf105bfb88ff88c0c43213a513770a1f4167de13878b966f660ece3a5bd
Buy It Now: Not Available

Special Conditions:
You may bid with any currency/Item, bids may be accepted and converted to B value
A non-BTC bid is not considered valid unless you confirm the BTC value!
Proxy Bidding via PM is available - (So you can set a max bid like eBay)
*Bid first then send your max bid via PM, PM bids are subject to disclosure if contested.

Lease Time: 4 weeks/28 days
Lease starts after payment and mining info received.
Payment due within 24 hours.

Miner: L15

Auction ends 23:55 02/13 Forum Time
Auction may be cancelled if current lease holder renews

See our auction history here: https://bitcointalk.org/index.php?topic=420784.0

Lease Features:

Battery Backup or Under 20 Second reboot time
Three available networks
Backup miners in case of failure
Proven compensation with extra hashing power and/or refunds for downtime
100%-110% rated performance provided
Ability to solo mine or setup scheduled pool changes

Quote

Agreement to lease scrypt mining power/dedicated miner (intagible):

Buyer: Highest bidder by public post at the close of the auction.
Seller: miaviator/gnar1ta$
Lease Term: Listed in auction
Hash Rate: Listed in auction
Business Day: 10AM to 6PM EST M-F excluding US holidays.
Miner: Listed in auction
Redundancy: Automatic Power, Manual Network, Manual Backup Miner.

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 sgminer or cgminer on Ubuntu Linux 12.04 LTS.
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 sgminer or cgminer.
6. Buyer may further choose to solo mine coins based on client availability for Ubuntu Linux 12.04 LTS.
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 sgminer or cgminer after HW errors are taken into account. Pool rejects/stales/availability are not considered a decrease in the provided hashing power.

If this dedicated miner is auctioned at the end of the lease term the current buyer will receive a 10% discount on their posted bid to continue mining without changes.