That's not reasonable at all, at the difficulty level now, you'd expect around $9.50, in about 6 1/2 days that'll drop, in 10-11 days that'll drop some more, and in 10-11 days that'll drop some more.
End result would be something around $8 if we use the extremely generous MtGox exchange rate. If you think bitcoins are going to go up, then you should buy bitcoins, not give money away.
Topic: BTCMiners "Cloud Hashing" | $8.50 USD per GH/s! - page 19. (Read 23114 times)
Is the $9.25/gh the monthly rate or a one time fixed cost? I've never done cloud hashing before so would I just be giving you guys my wallet address where you deposit whatever is mined or do i actually get to use the miner on any pool I want?
It would be with BTCMiners.net -- The physical units simply cannot allow multiple pools to be used at once. So each machine will produce +/- 10% of 1.2TH/s and if you bought 500 GH/s you would be paid out accordingly to what was purchased. (Basically you get your fair share of what you have paid for.)
As for the pricing, this is for the FIRST 35 TH/s -- After that our next orders will be coming in (to be announced..) and depending on the market and prices and such, I'm quite sure that fee will go up. $9.25 is the fixed rate for the first 35 TH/s.
Additional Note:
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Also, when you do purchase X amount of GH/s, I do get your email address. So closer to the date of arrival I will be reaching out to everyone to get their BTC Address, so that I can keep a record. We are working on the stats page for these miners, so individuals can log into their accounts similar to CEX and view their hash rates, payout, change BTC address, etc..
Is the $9.25/gh the monthly rate or a one time fixed cost? I've never done cloud hashing before so would I just be giving you guys my wallet address where you deposit whatever is mined or do i actually get to use the miner on any pool I want?
What hardware will be delivering this hashing power? HashFast? Bitmine? ....
Actually we have acquired it from Advanced Miners. Have been in contact with them. Should be getting more detailed pictures in the near future.
http://advancedminers.com/bitcoin-mining-hardware/1-2ths-bitcoin-miner/
Getting ready to start the construction of the staging area for the miners to placed on. Already have all the measurements for the cabling that is needed. There is a local ISP I am able to rent out a vacant office from, which was their old data-center. I'll be metered on the electricity usage, but the AC units operational and is capable of handling the needs of these.
We have more on order with them, but are awaiting a delivery date at this point.
Hope that answers your question!
What hardware will be delivering this hashing power? HashFast? Bitmine? ....
This is a great chance for newbies to join in on mining without having a huge risk value involved, along with veteran miners the likewise. Price per GH/s is extremely low and the time is now to get in on this!
I'm only pushing the subject because of the overhead expenses.. I'd REALLY like to break even selling these out per GH/s before the items arrive so that they're hashing away and generating revenue near immediately after we receive them.
So, please! Get it while the prices are low!
I'm only pushing the subject because of the overhead expenses.. I'd REALLY like to break even selling these out per GH/s before the items arrive so that they're hashing away and generating revenue near immediately after we receive them.
So, please! Get it while the prices are low!
Rolling out statistics to be updated as often as possible.
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Updated: 11/13/13
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35 TH/s total
146 GH Purchased
34.854 TH/s Remaining
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Updated: 11/13/13
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35 TH/s total
146 GH Purchased
34.854 TH/s Remaining
Various GH/s orders are now available for purchase.
We've had a pool up for a little while now. We have come to the conclusion it's not being used very much. We have confirmed our purchase of 35 TH/s of hashing power (more to come at a later date) by the end of November.
To stimulate our pool, we are subletting the GH/s out at a fixed rate, which is also a very reasonable rate as well. We're selling per GH/s @$9.25 USD $8.50 USD. We -MAY- charge a small % fee after everything is up and running due to the fact we're literally not going to make any money on this, however as said before it is to stimulate our pool which also has a 0% fee by default.
The 35 TH/s will be divided out per GH/s for the first 35 TH/s and once that has sold out and we get better dates and confirmation on the remaining purchase of the other equipment, those prices will be increased but will also be very competitive to other market players who are "cloud hashing" as well.
We will be selling these at a reasonable rate, only enough to pay for the devices, upkeep, electricity, etc.. If you want a chance to get in on what we hope is a very exciting opportunity please feel free to join us!
To stimulate our pool, we are subletting the GH/s out at a fixed rate, which is also a very reasonable rate as well. We're selling per GH/s @
The 35 TH/s will be divided out per GH/s for the first 35 TH/s and once that has sold out and we get better dates and confirmation on the remaining purchase of the other equipment, those prices will be increased but will also be very competitive to other market players who are "cloud hashing" as well.
We will be selling these at a reasonable rate, only enough to pay for the devices, upkeep, electricity, etc.. If you want a chance to get in on what we hope is a very exciting opportunity please feel free to join us!
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