Author

Topic: [AUCTION][ENDS:1.18|1PM EST] 550Khash Scrypt 7 day lease #1L12 (Read 865 times)

donator
Activity: 686
Merit: 519
It's for the children!
/\ /\ Never trust an apple to do a penguins job.

Payment received.

Lease ends 1/25/2014 5PM EST.
donator
Activity: 798
Merit: 500

BTW: I was WAY under spec on this thing:




No faith in my tuning ability....
donator
Activity: 686
Merit: 519
It's for the children!
... 0.045BTC

Sold.

.045BTC

1FHG9d1oiZgwXvS964L1C4BQFiKaNDmota   (? Fik aND mota ?) wtf.

PM Pool Info.

donator
Activity: 686
Merit: 519
It's for the children!
0.45

LOL Take it and run!

Sorry typo 0.045

I accept the retraction due to typo. 

High bid is .045BTC
hero member
Activity: 697
Merit: 503
Sorry typo 0.045
hero member
Activity: 697
Merit: 503
donator
Activity: 686
Merit: 519
It's for the children!
I was only poking fun at him for saying the same thing on my auction. Didn't mean his mining was crap. He's given me nothing but great info so far.

I concur.  I started it and it was deserved.


Are you still selling this Trout? Salmon?
At the risk of increasing competition for this service and thus increasing the bidding I'll say that I've currently got some rented hash going on from miaviator and it has been rock solid.

Thank you for the props!


.04

Still the highest bid.


BTW: I was WAY under spec on this thing:


sr. member
Activity: 266
Merit: 250
I was only poking fun at him for saying the same thing on my auction. Didn't mean his mining was crap. He's given me nothing but great info so far.
full member
Activity: 168
Merit: 100
Are you still selling this Trout? Salmon?

At the risk of increasing competition for this service and thus increasing the bidding I'll say that I've currently got some rented hash going on from miaviator and it has been rock solid.
donator
Activity: 686
Merit: 519
It's for the children!
sr. member
Activity: 266
Merit: 250
Are you still selling this Trout? Salmon?
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
donator
Activity: 686
Merit: 519
It's for the children!
Well I guess I should have listed it as 575Khash.  Whatever, buyer gets a bonus!

donator
Activity: 686
Merit: 519
It's for the children!
Up for auction is a 7 day lease of 550Khash of scrypt mining power.

  Starting bid: .01BTC
Bid increment:.005BTC
   Buy it Now: .07BTC lease will start early and last through original end time.
  Invalid Bids:  Rounded UP

Auction ends 1PM EST 1/18/2014
Payment and pool information due by lease start time.
Lease Begins 1/18/2014 1PM EST and lasts through 1/25/2014 1PM EST. 
Lease will begin early and end at the same end time if pool info and payment are provided immediately at the end of the auction.

There are a LOT of scrypt auctions popping up.  Our auctions are for Dedicated Mining rigs with:
  • Two power sources
  • Three available networks
  • Backup miners in case of failure
  • Proven compensation with extra hashing power and/or refunds for downtime
  • 105%-110% rated performance provided
  • Ability to solo mine or setup scheduled pool changes

The auction terms below are our original auction terms used by many others.
Quote
Agreement to lease scrypt mining power:

Buyer: Highest bidder by public post at the close of the auction.
Seller: miaviator/gnar1ta$
Lease Term: 7 Days
Hash Rate: 550Khash
Business Day: 10AM to 6PM EST M-F excluding US holidays.
Miner: L12
Redundancy: Automatic Power, Manual Network, Manual Backup Miner.

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.

If this dedicated miner is auctioned at the end of the lease term the current buyer will receive a 10% discount on their posted bid to continue mining without changes.

Timer is for reference only.  The forum time-stamp will count as the official timer.
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