Author

Topic: Does anyone still offer Mining Contracts? (Read 2239 times)

hero member
Activity: 518
Merit: 500
April 19, 2012, 03:48:03 PM
#16
OP, if you are still looking, there is an auction for a 1 million share mining contract in my sig.
donator
Activity: 1419
Merit: 1015
Mined coin is cheaper than exchange coin because it can be done anonymously. This is a way for Silk Road merchants to essentially "clean" their coin.
legendary
Activity: 2044
Merit: 1000

1,500 MHash/s for 8.35 BTC - This works out to 0.795 BTC per day per 1 GHash/s

3,000 MHash/s for 16 BTC - This works out to 0.762 BTC per day per 1 GHash/s

But with 1ghas u can generate  ~0.65 btc/day, why someone is going to pay 0.762 ?? I dont get it.

Ease of use, avoid electricity cost, etc.

The math is not as simple as:  $ cost of GPU/MH/s = cost per hash! 



Ok with that.

But if i want 10 BTC, i will need 1 GHas/day for 15,4 days, so i had to pay u 15 x 0.762 = 11,72 BTC (about 58,26 USD). But i can buy it directly in MTgox for about 50 (and about %5 less if i buy with cash to a local BTC seller...) and without waiting more than 15 days...

Still dont get it...

The only thing I can think of is not wanting to wire funds into an exchange?? 

I do agree the whole issue is fuzzy. 
newbie
Activity: 37
Merit: 0

1,500 MHash/s for 8.35 BTC - This works out to 0.795 BTC per day per 1 GHash/s

3,000 MHash/s for 16 BTC - This works out to 0.762 BTC per day per 1 GHash/s

But with 1ghas u can generate  ~0.65 btc/day, why someone is going to pay 0.762 ?? I dont get it.

Ease of use, avoid electricity cost, etc.

The math is not as simple as:  $ cost of GPU/MH/s = cost per hash! 



Ok with that.

But if i want 10 BTC, i will need 1 GHas/day for 15,4 days, so i had to pay u 15 x 0.762 = 11,72 BTC (about 58,26 USD). But i can buy it directly in MTgox for about 50 (and about %5 less if i buy with cash to a local BTC seller...) and without waiting more than 15 days...

Still dont get it...
legendary
Activity: 2044
Merit: 1000

1,500 MHash/s for 8.35 BTC - This works out to 0.795 BTC per day per 1 GHash/s

3,000 MHash/s for 16 BTC - This works out to 0.762 BTC per day per 1 GHash/s

But with 1ghas u can generate  ~0.65 btc/day, why someone is going to pay 0.762 ?? I dont get it.

Ease of use, avoid electricity cost, etc.

The math is not as simple as:  $ cost of GPU/MH/s = cost per hash! 

newbie
Activity: 37
Merit: 0

1,500 MHash/s for 8.35 BTC - This works out to 0.795 BTC per day per 1 GHash/s

3,000 MHash/s for 16 BTC - This works out to 0.762 BTC per day per 1 GHash/s

But with 1ghas u can generate  ~0.65 btc/day, why someone is going to pay 0.762 ?? I dont get it.
hero member
Activity: 742
Merit: 500
Hello, I'm just wondering if anyone offers mining contracts?
Yes.
hero member
Activity: 812
Merit: 510
I am very interested in both of your porposials Smiley could you tell me the cost per either Mh/s or Gh/s Smiley and contract terms

I offer both share based contracts, and hash rate rentals for 7 days at a time...

I sell contracts at a slight premium, but you can point shares at any pool you want.

Share contracts sell for 0.375 BTC per 10,000 shares submitted, and if your pool starts throwing high stale rates out, I will suspend your purchase to protect you.

You can also purchase up to 500,000 shares at one time.

Hash Rate contracts run for 7 days and run on 2 teirs.

1,500 MHash/s for 8.35 BTC - This works out to 0.795 BTC per day per 1 GHash/s

3,000 MHash/s for 16 BTC - This works out to 0.762 BTC per day per 1 GHash/s
sr. member
Activity: 418
Merit: 250
I am really interested Smiley how do I buy?
legendary
Activity: 2044
Merit: 1000
Hello, I'm just wondering if anyone offers mining contracts? Any information would be greatly appreciated Smiley

I offer them still (up to 25 GH/s).  The rub is I only direct the payout to the buyer, and many buyers these days want the actual hashing power directed their way. 

If interested in just the payout on a certain amount of GH/s, I can make something happen. 



Yes I am very interested could you please tell me more Smiley

I generally sell 10 or 30 day contracts, at a slight discount to expected payout.  I garuantee the hash rate over the life of the contract, and you recieve the payments daily. 

A 10 day contract would sell for approximately .60 BTC per day, per GH.  So 10 days of 1 GH/s would cost 6 BTC.  Scale up accordingly. 

sr. member
Activity: 418
Merit: 250
I am very interested in both of your porposials Smiley could you tell me the cost per either Mh/s or Gh/s Smiley and contract terms
hero member
Activity: 812
Merit: 510
I still do, and have ~3.4 GHash to point directly where you want it to go...
sr. member
Activity: 418
Merit: 250
Hello, I'm just wondering if anyone offers mining contracts? Any information would be greatly appreciated Smiley

I offer them still (up to 25 GH/s).  The rub is I only direct the payout to the buyer, and many buyers these days want the actual hashing power directed their way. 

If interested in just the payout on a certain amount of GH/s, I can make something happen. 



Yes I am very interested could you please tell me more Smiley
legendary
Activity: 2044
Merit: 1000
Hello, I'm just wondering if anyone offers mining contracts? Any information would be greatly appreciated Smiley

I offer them still (up to 25 GH/s).  The rub is I only direct the payout to the buyer, and many buyers these days want the actual hashing power directed their way. 

If interested in just the payout on a certain amount of GH/s, I can make something happen. 

legendary
Activity: 1400
Merit: 1005
gpumax.com, basically.
sr. member
Activity: 418
Merit: 250
Hello, I'm just wondering if anyone offers mining contracts? Any information would be greatly appreciated Smiley
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