Yes! The rented hash profits!
careful rentals have been high.
Agreed! This was the first hash that I have ever rented. The circumstance was very unusual-- the spread between low renting price and selling price on West/NiceHash was >20% a couple days ago (that doesn't happen often). Now, I know could have just taken the 45%+ extra from selling my hash there and dropped to zero on Kano for a while, but I really didn't want to be away from here that long. I decided to take advantage of the price spread instead. Here's how: while selling my hash to West/Nice I also bought the same rate back at a much cheaper rate than I was being paid. Sure I paid around a 20% premium on that hash compared to BTC rate, but I was still (45%+) - 20% = (25%+) ahead and I thought it was worth the risk on that 20% to not miss any positive variance here during the ramp down/up.
There were a few times during that day that I had to let the rental drop to zero rather than follow the price up, so there were gaps in the rental and I was left with a small amount (
BTC0.007) on the rental when I wanted to stop watching over the rental and go to sleep. I got a little daring and upped the hash rate to 50TH to burn through the remainder (though the rental overshot and sustained 60TH-65TH for nearly the entire time). That left me with a couple very risky shifts, kosaki and lucy, containing the higher hash rate burst that I've been talking about:
5wgp7 mutsumi Jan-27 04:46:28 46m 13s 0 0 0GHs 0 0.00 8 0.03309 158.89%
5wghs lucy Jan-27 04:02:11 44m 17s 8.088M 47.578k 13.07THs 170 47,578.00 8 0.03309 158.89%
5wgcm kosaki Jan-27 03:15:07 47m 4s 23.188M 95.156k 35.26THs 1.156k 20,058.44 7 0.02891 138.80%
5wg75 juvia Jan-27 02:30:46 44m 20s 3.546M 9.525k 5.72THs 2.082k 1,702.98 7 0.02891 138.80%
My excitement was when kosaki hit 6 payouts... my risk paid off at that point! With the remaining blocks during the night kosaki ended up paying 7 times and lucy 8 times. Yes, kosaki just fell outside of the last block! So, so close to 8 but I'm still happy!
Anyway, despite not risking a lot it was way too stressful for my taste and keeping the order at the best rate took up too much time for the small gain, so I probably will not be doing it again. It was more of a low risk curiosity of mine than anything, and now I know.