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Topic: 150Gh SHA256 90 day Lease #2L04 [ENDS:2.3|3PM EST] (Read 2639 times)

donator
Activity: 686
Merit: 519
It's for the children!
Yes indeed hashing away. Very clear instructions and planning. Great seller. Thanks miaviator!

This lease was upgraded to a BitMain ANT miner S1 on 2/14 with no additional cost and no downtime for the buyer.  The original lease still stands as stated:

Quote
9. Any increase in hashing power will not be considered a breach by either party.

The remainder of the lease will be completed at ~180Ghash vs ~150Ghash.



Clearly the buyer won on this deal  Grin
donator
Activity: 686
Merit: 519
It's for the children!
Shane you lowered your reserve without noticing. In PM you told me 1.20btc which would leave only a small margin of profit. With the reserve at 1btc I would have agreed to take it although my first bid was 0.70btc.

Have worked with you in the past and liked it a lot. I suggest to be fully clear next time and post reserve price in your post.

Cheers

Again I agree.  My pm to you was worded badly:

Unfortunately I will make at least 1.2 and most of the risks of 30+ diffs are gone so I think the auction is just going to end below the reserve price.  

I should have pointed out that the reserve was less than my expected returns.

I will hash the reserve price on future auctions and avoid reserves when possible.
hero member
Activity: 980
Merit: 1000
Shane you lowered your reserve without noticing. In PM you told me 1.20btc which would leave only a small margin of profit. With the reserve at 1btc I would have agreed to take it although my first bid was 0.70btc.

Have worked with you in the past and liked it a lot. I suggest to be fully clear next time and post reserve price in your post.

Cheers
sr. member
Activity: 462
Merit: 250
Lux e tenebris
Yes indeed hashing away. Very clear instructions and planning. Great seller. Thanks miaviator!
sr. member
Activity: 462
Merit: 250
Lux e tenebris
14610   ---   17,280   In Progress
14609   0.00032%   10,368   2014-02-03 09:01 PM
14608   0.00000%   0   2014-02-03 08:11 PM
donator
Activity: 686
Merit: 519
It's for the children!
Hashing to buyers pool.
sr. member
Activity: 462
Merit: 250
Lux e tenebris

Reserve price: Undisclosed
Is this legal?

It is in my country and jurisdiction.  Like I said though I really should have hashed the reserve price when the auction was posted so it could be proven fair.  Next time I auction something with a reserve I'll keep that in mind.

Mine too.

https://blockchain.info/tx-index/e2da8159a33600e148f4dd7b76c555bf062250f94743f6535e1b11a59f1f896a

agreed to downtime credit and moar hash! pming with pool..

Many, many thanks
donator
Activity: 686
Merit: 519
It's for the children!

Reserve price: Undisclosed
Is this legal?

It is in my country and jurisdiction.  Like I said though I really should have hashed the reserve price when the auction was posted so it could be proven fair.  Next time I auction something with a reserve I'll keep that in mind.
donator
Activity: 686
Merit: 519
It's for the children!
Great I'll send the BTC1.0 where? My worker would be railzand_3 -p 123 here stratum.btcguild.com:3333


1BTC

123tpXge1rsQtXdVhAAtLDqWhVL3NQCDWR

Hourly Credit for any downtime:
2-4 – 2-10 (7 days)   0.00728750
2-11 – 2-17 (14 days)   0.01406250
2-18 – 2-24 (21 days)   0.01906250
2-25 – 3-3 (28 days)   0.02373333
3-4 – 3-10 (35 days)   0.02736250
3-11 – 3-17 (42 days)   0.03048333
3-18 – 3-24 (49 days)   0.03306250
3-25 – 3-31 (56 days)   0.03505417
4-1 – 4-7 (63 days)   0.03682083
4-8 – 4-14 (70 days)   0.03798750
4-15 – 4-21 (77 days)   0.03903333
4-22 – 4-28 (84 days)   0.03969583
4-29 – 5-5 (91 days)   0.04019583

I have to fix one of the miners so I may put you at 200Ghash to start.

Please PM a backup pool!



legendary
Activity: 1397
Merit: 1019

Reserve price: Undisclosed




Is this legal?
sr. member
Activity: 462
Merit: 250
Lux e tenebris
Great I'll send the BTC1.0 where? My worker would be railzand_3 -p 123 here stratum.btcguild.com:3333
donator
Activity: 686
Merit: 519
It's for the children!
Yes.

I'll accept offers for the reserve price.

Let me get the sheet worked up for any downtime reimbursement and grab proof of mining speed.
sr. member
Activity: 462
Merit: 250
Lux e tenebris
...
Reserve price: Undisclosed
...

1BTC was the Reserve.  I suppose I should hash the reserve before posting the auction.

Looks like I'm way off on SHA pricing this round.



I guessed as much. I was just being mean. Can I pay this reserve price?
donator
Activity: 686
Merit: 519
It's for the children!
What's next?

Nothing since this was an auction with a reserve which was not met.

Next time I'll put my offer at 3:59:59 :p

I accept proxy max bids via PM.  So if you bid and want to ensure a last bid you can PM the high bid amount.  If asked I'd have to disclose the PM for fairness.
donator
Activity: 686
Merit: 519
It's for the children!
...
Reserve price: Undisclosed
...

1BTC was the Reserve.  I suppose I should hash the reserve before posting the auction.

Looks like I'm way off on SHA pricing this round.

legendary
Activity: 1397
Merit: 1019
Next time I'll put my offer at 3:59:59 :p
legendary
Activity: 1162
Merit: 1001

It has been funny, me waiting with another window and time.is (Atomic clock) opened. When I clicked "post", the annoying message of "Someone has posted while you were writing"appeared and so, late.
sr. member
Activity: 462
Merit: 250
Lux e tenebris
What's next?
donator
Activity: 686
Merit: 519
It's for the children!
legendary
Activity: 1162
Merit: 1001
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