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Topic: [Auction] [Mining contract] 1 millions shares - 1 BTC start price (Read 2466 times)

legendary
Activity: 1022
Merit: 1000
Freelance videographer
Id like to see more auctions for mining services like this in future as this is now sold to the highest bidder.
hero member
Activity: 518
Merit: 500
And sold!
PM for details.
hero member
Activity: 518
Merit: 500
hero member
Activity: 518
Merit: 500
~10 hours to go.
hero member
Activity: 686
Merit: 500
Oh I didn't notice the 2nd page, well I bumped the thread.
hero member
Activity: 686
Merit: 500
32 BTC ONLY if the shares are after the difficulty change.

Quote
Delivery will begin no sooner than 26/04 and will be completed within 7 days (note, difficulty will change on the 26th).
hero member
Activity: 518
Merit: 500
hero member
Activity: 632
Merit: 500
32 BTC ONLY if the shares are after the difficulty change.

Fair enough. when I wrote the OP, it looked as if the difficulty would change the 26th, seems to have moved to the 27th. I got no problem delaying delivery until after the new difficulty.

Ok nice! So I confirm my bid, 32 BTC.
hero member
Activity: 518
Merit: 500
32 BTC ONLY if the shares are after the difficulty change.

Fair enough. when I wrote the OP, it looked as if the difficulty would change the 26th, seems to have moved to the 27th. I got no problem delaying delivery until after the new difficulty.
hero member
Activity: 632
Merit: 500
32 BTC ONLY if the shares are after the difficulty change.
hero member
Activity: 686
Merit: 500
1. Buy a million shares
2. Point it at GPUMax, hoping for public work. Have the private pool point at Goat or Clipse's PPS Pools
3. Huh
4. Profit!
hero member
Activity: 518
Merit: 500
Compared to buying at gpumax, its a 50% discount!
legendary
Activity: 2044
Merit: 1000
True, but their invalid rates are typically higher. Either way you may turn a profit here. ABC is ~0.2% invalid so you may net a 2.06 btc profit.

WOOHOOO!!!

that is one hell of an annualized interest rate!
sr. member
Activity: 476
Merit: 500
True, but their invalid rates are typically higher. Either way you may turn a profit here. ABC is ~0.2% invalid so you may net a 2.06 btc profit.
legendary
Activity: 2044
Merit: 1000
PPS is ~31 btc but invalids/stales will take you down to about break even I think

There are pools that pay for stale shares.......
sr. member
Activity: 476
Merit: 500
PPS is ~31 btc but invalids/stales will take you down to about break even I think
legendary
Activity: 2044
Merit: 1000
You won't even break even at 30 BTC!  WTH

Check the maths. 
donator
Activity: 308
Merit: 250
legendary
Activity: 1260
Merit: 1000
He's probably just intent on gambling it'll solve a block before 1 million shares.
legendary
Activity: 924
Merit: 1000
Think. Positive. Thoughts.
You won't even break even at 30 BTC!  WTH

This is what I was wondering... is there a calculator somewhere to figure out how much a million shares would generate?
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