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Topic: Anyone willing to buy Mhash/s? / distributed hashing (Read 8353 times)

sr. member
Activity: 337
Merit: 285
Still have not received my  Huh

You received your coins in Block 84586.
hero member
Activity: 860
Merit: 1004
BTC OG and designer of the BitcoinMarket.com logo
Still have not received my  Huh
hero member
Activity: 532
Merit: 505
i wouldnt recommend to calculate compound annual rates here.
it dropped from ~78% a week to ~8% a month and i guess it will (or would if this kind of service is offered by anyone) go a lot deeper while difficulty still shoots up like it does lately, we're still closer to, or even above 10blocks/hr than 6.
donator
Activity: 826
Merit: 1060
a bit more than what?
A bit more than the cost to participate.

Price: 15 BTC per Mhash/s for 30 days
Payout: 16.26 BTC per Mhash/s at the end of the 30 days

That's equivalent to earning interest at 8.4% per month, equivalent to a compounded annual rate of 163%.
hero member
Activity: 532
Merit: 505
Next round: 1 Mhash/s for 30 days for 15 BTC in any fractional amount
And indeed it returned a bit more than this. Very worthwhile from my point of view.
a bit more than what?

here's my results:

round 1 (7days)
+2.34BTC/mhash

round 2 (30days)
+1.26BTC/mhash

still profit though, thanks tcatm.
donator
Activity: 826
Merit: 1060
Next round: 1 Mhash/s for 30 days for 15 BTC in any fractional amount
And indeed it returned a bit more than this. Very worthwhile from my point of view.

Thanks tcatm for doing this. I can't see that you gained anything directly from it, so I guess for you it was a community-building exercise.

It was very professionally done too, no need to chase up the payout etc. Thanks again!
legendary
Activity: 1246
Merit: 1016
Strength in numbers
Is this an ongoing offer? Can we still buy in?

No, the offer won't be repeated.

Any particular reason? Is it difficult to manage?

I do appreciate that you did it.
sr. member
Activity: 337
Merit: 285
Is this an ongoing offer? Can we still buy in?

No, the offer won't be repeated.
member
Activity: 116
Merit: 10
Is this an ongoing offer? Can we still buy in?
hero member
Activity: 860
Merit: 1004
BTC OG and designer of the BitcoinMarket.com logo
Whats the expiry date please?

30 days, i.e. the earliest will end on wednesday.

Ok thank you
sr. member
Activity: 337
Merit: 285
Whats the expiry date please?

30 days, i.e. the earliest will end on wednesday.
hero member
Activity: 860
Merit: 1004
BTC OG and designer of the BitcoinMarket.com logo
Whats the expiry date please?
sr. member
Activity: 337
Merit: 285
It looks to me like difficulty will rise soon. How many Mhash were sold in total?

~400
legendary
Activity: 1246
Merit: 1016
Strength in numbers
Even if difficulty rises even more I'll at least make sure everyone who invested makes a small profit form it.

It looks to me like difficulty will rise soon. How many Mhash were sold in total?

I think we will all make profit compared to buying coins now.
sr. member
Activity: 337
Merit: 285
Even if difficulty rises even more I'll at least make sure everyone who invested makes a small profit form it.
legendary
Activity: 1246
Merit: 1016
Strength in numbers
approx. 9.92 BTC/(Mhash/s) after two weeks.

Thanks for the update. It looks like we would have been a little better off buying at the beginning that generating, but better off generating than buying at the end.

I guess it is a little more complicated though because if the value and difficulty had decreased we'd do a lot better generating than buying at the start.
sr. member
Activity: 337
Merit: 285
approx. 9.92 BTC/(Mhash/s) after two weeks.
legendary
Activity: 2100
Merit: 1000
How are you progressing in generating. Are you still expecting to return more BTC than we invested after 30d?

One Mhash/s should generate about 19 to 24 BTC. Everyone who bought two days ago has generated 1.72 BTC / (Mhash/s).

Hi,
would you mind sharing what progress you are making?

thanks
legendary
Activity: 1246
Merit: 1016
Strength in numbers
Payment via Paypal is now possible.

1 Mhash/s for 30 days == $1.30

PM coming!
sr. member
Activity: 337
Merit: 285
How are you progressing in generating. Are you still expecting to return more BTC than we invested after 30d?

One Mhash/s should generate about 19 to 24 BTC. Everyone who bought two days ago has generated 1.72 BTC / (Mhash/s).
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