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Topic: [AUCTION] 2.1 MH/s Scrypt Miner | 7 Day Lease - page 2. (Read 1705 times)

hero member
Activity: 770
Merit: 500
0.025
newbie
Activity: 14
Merit: 0
A) Can you provide more recent proof of the hashpower? The screenshot says 9/15/13.

B) Does jakedeez not understand how auctions work? Why would he bid .2 when the previous bid was .015?

C) Do you accept escrow?
A: I'll get a screenshot taken before the auction ends, I don't often plug my miner up to a monitor, so I'll work on that, plus I've gotten some software upgrades to show.

B: I'm not sure about jakedeez' bid, it's possible he meant to bid 0.02, but until he clarifies, he's the highest bidder.

C: Of course I accept escrow!  I understand I'm a new user, so escrow is no problem, and it'd probably be safer for both of us.
legendary
Activity: 1386
Merit: 1000
A) Can you provide more recent proof of the hashpower? The screenshot says 9/15/13.

B) Does jakedeez not understand how auctions work? Why would he bid .2 when the previous bid was .015?

C) Do you accept escrow?
hero member
Activity: 728
Merit: 500
without escrow no one will pay up front...i hope at least
newbie
Activity: 14
Merit: 0
jakedeez is the bighest bidder with a bid of 0.2 BTC!  Approximately 24 hours remaining.
sr. member
Activity: 512
Merit: 250
ICO is evil
.2
hero member
Activity: 770
Merit: 500
0.015 btc
newbie
Activity: 14
Merit: 0
[img]http://imgur.com/IDQnGkr[img]
Since proof was requested =]

jakedeez, you have highest bid right now, 0.01
I will point it at coye.
sr. member
Activity: 512
Merit: 250
ICO is evil
.01 if youll point it at coye
copper member
Activity: 2310
Merit: 1032
Sorry, You just registered, Can we have some proof you have the hashing power?

To quote you 
Quote
Don't ever send anyone BTC unless you know them in person or you can put your life on the fact that they are trustworthy.

newbie
Activity: 14
Merit: 0
I'm auctioning off a 7 day lease for my 2.1 MH/s Scrypt Miner

Starting bid: 0.01 BTC
Min. bid increment: 0.005 BTC

Auction Begins: 11:02am EST, Sunday January 12th, 2014
Auction Ends: 11:00pm EST, Monday January 13th, 2014

Payment and pool info due by lease start time.

Lease Begins: 11:00am EST, Tuesday January 14th, 2014
Lease Ends: 11:00am EST, Tuesday January 21st, 2014

Quote
Agreement to lease scrypt mining power:

Buyer: Highest bidder by public post at the close of the auction.
Seller: Suomynona
Lease Term: 7 Days
Hash Rate:  2.1 MH/s

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 cgminer 3.7.2 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 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 cgminer after HW errors are taken into account.  Pool rejects/stales/availability are not considered a decrease in the provided hashing power.
(Terms used with permission from miaviator)
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