Topic: ASIC SHA256 miners needed (payment 0.00035 BTC/GH/day) (Read 1864 times)
Very interested! Might be able to point some miners in the beginning of April, lets see if still needed xD
Rigs are needed again! Come, get joined asap to make some more money than with regular BTC mining.
Actually, it didn't make any sense to me until I started leasing my rigs... then I saw what people were mining with my rigs. I did the calculations and discovered that the people who rented from me made more than I did in BTC rental cost. There are some smart people who find every crazy coin and now have instant access to more hashpower than they could get ordinarily... I just keep my rigs running, my customers find the profit and give some of it to me.
how does that work specifically from the renters point of view? I don't quite understand how the renters can make more than what the owners would.
Posted from Bitcointa.lk - #2q4EcabDrEHaKaII
SHA256 rigs are again needed! All rented out! Go go go, great chance to make some profit.
what are the best pools for us to use while waiting for a lease?
SHA256 rigs are again needed! All rented out! Go go go, great chance to make some profit.
I recommend you to slightly drop your prices if you want to rent them out (you will still make at least 2x more than mining BTC). You are missing the train, you should have jumped on it 3 days ago 
now it's to many of them, 7 sitting without a work 
Makes no sense
Thu Mar 06 00:35:14 CET 2014 0.00037662 72 0.73440000 CCD600 (SHA256 650.00 GH/s)
Guy pays 0.73btc(per day???) for 650gh/s for 72 hours, he'd only earn back 0.24 in the whole three days or am I missing something?
I redid the calculations many times, everybody seems to be mining at a loss there. Is this some kind of scam?
Another example:
mpdas108 Radha 2.20 0.00981818 517 99.58% Hash. 2.36 MH/s Available! hire
2.20mh/s*0.00981818 = 0,021599996 BTC per day cost.
Using this calculator here https://www.litecoinpool.org/calc?hashrate=2200&difficulty=3636.52061264&power=1500&energycost=0.13¤cy=USD we determine that 2200kh/s earns 0.58 ltc per day
0.58ltc*0.025btc on btc-e = 0.01455 btc per day. So you are mining at a negative cost.
Thu Mar 06 00:35:14 CET 2014 0.00037662 72 0.73440000 CCD600 (SHA256 650.00 GH/s)
Guy pays 0.73btc(per day???) for 650gh/s for 72 hours, he'd only earn back 0.24 in the whole three days or am I missing something?
I redid the calculations many times, everybody seems to be mining at a loss there. Is this some kind of scam?
Another example:
mpdas108 Radha 2.20 0.00981818 517 99.58% Hash. 2.36 MH/s Available! hire
2.20mh/s*0.00981818 = 0,021599996 BTC per day cost.
Using this calculator here https://www.litecoinpool.org/calc?hashrate=2200&difficulty=3636.52061264&power=1500&energycost=0.13¤cy=USD we determine that 2200kh/s earns 0.58 ltc per day
0.58ltc*0.025btc on btc-e = 0.01455 btc per day. So you are mining at a negative cost.
Actually, it didn't make any sense to me until I started leasing my rigs... then I saw what people were mining with my rigs. I did the calculations and discovered that the people who rented from me made more than I did in BTC rental cost. There are some smart people who find every crazy coin and now have instant access to more hashpower than they could get ordinarily... I just keep my rigs running, my customers find the profit and give some of it to me.
Why do you think people decide to rent out? So they can make more than mining just BTC or LTC. There are some stacked guys, gambing with new coins and so the rental prices are high 
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
Makes no sense
Thu Mar 06 00:35:14 CET 2014 0.00037662 72 0.73440000 CCD600 (SHA256 650.00 GH/s)
Guy pays 0.73btc(per day???) for 650gh/s for 72 hours, he'd only earn back 0.24 in the whole three days or am I missing something?
I redid the calculations many times, everybody seems to be mining at a loss there. Is this some kind of scam?
Another example:
mpdas108 Radha 2.20 0.00981818 517 99.58% Hash. 2.36 MH/s Available! hire
2.20mh/s*0.00981818 = 0,021599996 BTC per day cost.
Using this calculator here https://www.litecoinpool.org/calc?hashrate=2200&difficulty=3636.52061264&power=1500&energycost=0.13¤cy=USD we determine that 2200kh/s earns 0.58 ltc per day
0.58ltc*0.025btc on btc-e = 0.01455 btc per day. So you are mining at a negative cost.
Thu Mar 06 00:35:14 CET 2014 0.00037662 72 0.73440000 CCD600 (SHA256 650.00 GH/s)
Guy pays 0.73btc(per day???) for 650gh/s for 72 hours, he'd only earn back 0.24 in the whole three days or am I missing something?
I redid the calculations many times, everybody seems to be mining at a loss there. Is this some kind of scam?
Another example:
mpdas108 Radha 2.20 0.00981818 517 99.58% Hash. 2.36 MH/s Available! hire
2.20mh/s*0.00981818 = 0,021599996 BTC per day cost.
Using this calculator here https://www.litecoinpool.org/calc?hashrate=2200&difficulty=3636.52061264&power=1500&energycost=0.13¤cy=USD we determine that 2200kh/s earns 0.58 ltc per day
0.58ltc*0.025btc on btc-e = 0.01455 btc per day. So you are mining at a negative cost.
I wasn't sure how quick my rig would get rented as it's the first time i'm leasing it out, but I got the proxy configured, made sure it was stable on my pool, and then listed it for lease, and it was rented within 2 minutes, btc sent straight to my wallet. That's.... just amazing how high the demand is.
Payment has been increased to:
There are even some buy orders for price higher than this. What are you waiting for?
Quote
Weighted average price for last 20 rentals: 0.00035755
There are even some buy orders for price higher than this. What are you waiting for?
This is ridiculous. So much money to be made out of rentals, so much of you having big ASIC and only few joined up so far?
Still looking to put more SHA rigs on!
Still looking to put more SHA rigs on!
Don't tell me you can get almost 1 BTC every 3 days with your Jupiter?
Well, on LeaseRig, you CAN:
Well, on LeaseRig, you CAN:
Quote
Tue Mar 04 02:19:50 CET 2014 (rehired) 0.00042500 72 0.84150000 CoinpoolSHA1 (SHA256 660.00 GH/s)
Some of you responded, some were added, but still not having enough....
http://leaserig.net/index.jsp?forg=0&fminh=0&fmaxh=72&fminrh=0&fspd=0.0&t=1
http://leaserig.net/index.jsp?forg=0&fminh=0&fmaxh=72&fminrh=0&fspd=0.0&t=1
To be more specific: Weighted average price for last 20 rentals: 0.00030922 BTC/GH/day
When mining BTC, your current income is: 0.0001318 BTC/GH/day (according to http://www.bitcoinx.com/profit/)
When mining BTC, your current income is: 0.0001318 BTC/GH/day (according to http://www.bitcoinx.com/profit/)
Still looking for more. As you can see, SHA256 rigs are almost always rented out for price at least twice as much as you would be getting when mining BTC.
Most of SHA256 rigs are constantly rented: http://leaserig.net/index.jsp?t=1
I am looking for some extra SHA256 providers. As you can see, profit is way better than with mining BTC - and when your rig is not rented out, it mines BTC anyway, so you can't loose at all.
If you are interested, read FAQ and let me know via PM.
I am looking for some extra SHA256 providers. As you can see, profit is way better than with mining BTC - and when your rig is not rented out, it mines BTC anyway, so you can't loose at all.
If you are interested, read FAQ and let me know via PM.
this is very interesting offer!
I will think about it and I hope you will find many interested users!
Cheers!
Most of SHA256 rigs are constantly rented: http://leaserig.net/index.jsp?t=1
I am looking for some extra SHA256 providers. As you can see, profit is way better than with mining BTC - and when your rig is not rented out, it mines BTC anyway, so you can't loose at all.
If you are interested, read FAQ and let me know via PM.
I am looking for some extra SHA256 providers. As you can see, profit is way better than with mining BTC - and when your rig is not rented out, it mines BTC anyway, so you can't loose at all.
If you are interested, read FAQ and let me know via PM.
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