Auction to lease 1.6TH/s (cointerra 2TH/s) unit for 1 week starting 4/6

[MGK-]

I decided to sell this machine and without luck here I am forced to sell it on ebay

Proof I own the machine
https://bitcointalk.org/index.php?topic=554454.0

I'm going to lease it out for the next week starting 4/6/14-4/13/14 12PM-12PM EST


-Starting bid .1BTC, bid increment should be .01BTC
-Auction will end 4/5/14 Saturday at 5PM eastern time. Payment will be expected before midnight on Saturday or I may lease it to the next highest bidder.
-Buy it now price 1.75BTC


I reserve the right to end the auction early and to cancel lease agreement before payment is received. I reserve the right to deny bids.

You should have at least 2 pool workers setup incase you need backup, I am not responsible for lost time due to pool issues.

[ccollectables]

I will start out with a .1 bid

[MGK-]

Let's get some bids in here, or constructive criticism going peeps.

For .1BTC I would be willing to rent it for 48hours, really prefer not to but I will offer it. I thought this would bring a lot more than .1, this mines .2BTC a day and thats if you don't mine alts and make a little more.

[alabamafan1]

0.13 BTC for the 48 hours, escrow with DannyHamilton, I'll pay the fees.

[alabamafan1]

What pool is this mining on currently? If I win, would prefer it just stay on whatever pool you're using to mine with it now.

[MGK-]

I mine on Ghash.io with BTCGuild as my backup and EclipseMC as the backups backup. Can never be to safe.

I'm not offering escrow for this unless bids exceed 1BTC, feel free to null your bid if you don't agree. If my rep doesn't cover .13BTC then I don't know what to tell you.

[alabamafan1]

I mine on Ghash.io with BTCGuild as my backup and EclipseMC as the backups backup. Can never be to safe.

I'm not offering escrow for this unless bids exceed 1BTC, feel free to null your bid if you don't agree. If my rep doesn't cover .13BTC then I don't know what to tell you.

You're on the bandwagon that I am a scammer alt and thus any debts of that scammer I feel you pay first before paying me. The entire bandwagon has no evidence however. Without escrow, I retract my bid. Thanks.

[MGK-]

I mine on Ghash.io with BTCGuild as my backup and EclipseMC as the backups backup. Can never be to safe.

I'm not offering escrow for this unless bids exceed 1BTC, feel free to null your bid if you don't agree. If my rep doesn't cover .13BTC then I don't know what to tell you.

You're on the bandwagon that I am a scammer alt and thus any debts of that scammer I feel you pay first before paying me. The entire bandwagon has no evidence however. Without escrow, I retract my bid. Thanks.

Are you delusional? Actually don't waste your time with a response.

[MGK-]

The whole point of leasing the rig so I can have the bitcoin before hand, why would I wait and then sent out more money than I would receive?

[alabamafan1]

I mine on Ghash.io with BTCGuild as my backup and EclipseMC as the backups backup. Can never be to safe.

I'm not offering escrow for this unless bids exceed 1BTC, feel free to null your bid if you don't agree. If my rep doesn't cover .13BTC then I don't know what to tell you.

You're on the bandwagon that I am a scammer alt and thus any debts of that scammer I feel you pay first before paying me. The entire bandwagon has no evidence however. Without escrow, I retract my bid. Thanks.

Are you delusional? Actually don't waste your time with a response.

You receive the .13 BTC entitled to you from me. You mine .20 or so for me in that time. Instead of sending the BTC to me, you send the BTC to one claiming to be owed by the scammer people are accusing me of and the one you have actively voiced opinion that I am as well. So no I'm not delusional, I'm making sure I don't get scammed myself by a "robin hood" act.

[MGK-]

I mine on Ghash.io with BTCGuild as my backup and EclipseMC as the backups backup. Can never be to safe.

I'm not offering escrow for this unless bids exceed 1BTC, feel free to null your bid if you don't agree. If my rep doesn't cover .13BTC then I don't know what to tell you.

You're on the bandwagon that I am a scammer alt and thus any debts of that scammer I feel you pay first before paying me. The entire bandwagon has no evidence however. Without escrow, I retract my bid. Thanks.

Are you delusional? Actually don't waste your time with a response.

You receive the .13 BTC entitled to you from me. You mine .20 or so for me in that time. Instead of sending the BTC to me, you send the BTC to one claiming to be owed by the scammer people are accusing me of and the one you have actively voiced opinion that I am as well. So no I'm not delusional, I'm making sure I don't get scammed myself by a "robin hood" act.

Unlike you I hold up my agreements. Other than that tough luck guy.

[MGK-]

30min till auction closes, looks like ccollectables gets a hell of a deal.

[ccollectables]

I see you changed the terms to 2 days for min bid which is fine with me for what the bid is,  but how much for the week like the original terms stated?

[MGK-]

I see you changed the terms to 2 days for min bid which is fine with me for what the bid is,  but how much for the week like the original terms stated?

For a week term buy it now price was 1.75, since you were the only bid I will do it for 1BTC. I believe that is a fair price and you will also see a good return. It also helps me keep the work on my website going which I appreciate a lot.

[ccollectables]

I see you changed the terms to 2 days for min bid which is fine with me for what the bid is,  but how much for the week like the original terms stated?

For a week term buy it now price was 1.75, since you were the only bid I will do it for 1BTC. I believe that is a fair price and you will also see a good return. It also helps me keep the work on my website going which I appreciate a lot.

Unless I am missing something a week of this unit at 1.6th is only 0.92039299 btc at current difficulty.  I know the machine is rated 2th,  but I have one running now and am lucky to get 1.7 so I really can not count on anything higher than 1.6.  I will take the 48 hours if that is still an option.

[MGK-]

I see you changed the terms to 2 days for min bid which is fine with me for what the bid is,  but how much for the week like the original terms stated?

For a week term buy it now price was 1.75, since you were the only bid I will do it for 1BTC. I believe that is a fair price and you will also see a good return. It also helps me keep the work on my website going which I appreciate a lot.

Unless I am missing something a week of this unit at 1.6th is only 0.92039299 btc at current difficulty.  I know the machine is rated 2th,  but I have one running now and am lucky to get 1.7 so I really can not count on anything higher than 1.6.  I will take the 48 hours if that is still an option.

Youre closer than I am. I did the math from yesterday I made .1715, I'm not sure how to look back farther on ghash.io. So lets say 1.715x7 is 1.2BTC and difficulty is going up in the next couple days I think so you would make a little bit less. 1BTC invested for a week with a return around 1.2 isn't bad in my book.

Since I was off and we have talked a bit the last few days I will do .85BTC for 1 week or I will honor the 48hr offer I made. Just let me know if you want either offer or neither and I will make sure we are good to go starting tomorrow.

[ccollectables]

Pretty sure difficulty went up yesterday,  possibly where the difference in our math is coming from.  I will take the 48 hours if you want to send me the wallet address.

[MGK-]

We will use

1B6oVv4pxbzst5MperiwEbjR3HQ4qC4La6

for this transaction, PM me the pool, worker names, and pw if any. I will switch to yours by noon tomorrow until Tuesday 12PM. Thanks.

[ccollectables]

Payment sent,  will send PM with account info in a moment.

[MGK-]

Payment sent,  will send PM with account info in a moment.

received, thanks.