How can I proove that I am legit? what if the agreement starts after 1 minute that I've seen the Hashrates in the pool?
and after that minute you stop ..
do u suggest something else?
Interesting. I can foresee some issues that may crop up. What rate are you proposing? PP the only way you will pay? If the hash rate fluctuates (and it does/will) will you panic and refuse payment?
Spell out some ground rules and see where it goes.
I would prefer PayPal because I do not have any BTC, only LTC. I am interested in any rate above 2GHs.. the more the better.
It depends on the price that you'll ask for your rig & electricity. I will not refuse payment once it's agreed, no matter the difficulty raise (which already
goes crazy) or the LTC price. But you cannot change the price during the renting time neither. Also, we could break the total price in even more parts, that way you will be more sure that I am not a thief.
If I were interested then I would want to be paid in BTC/LTC. That would be much better than PP.
Ok, so lay out a rough contract including your offer of rent and some ground rules, most things being negotiable. You do realize your offer would have to be tempting enough or the miner would just mine for themselves?
I realize that my offer should be tempting yes.
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Well the contract is as follows:
1) The renting will last 1 or 2 months. Theres no turning back on the timeplan once it's agreed between us. However, if in case we choose the 1 month, then when the month is over we can renew it for another month, if we both wish so.
2) The price will be fixed. It will be based on the hashrate for mining LiteCoins (note that there are some variations between the hashrate when mining BTC and when mining LTC. Some indication of the hashrate for LTC you can find here
https://github.com/litecoin-project/litecoin/wiki/Mining-hardware-comparison). If we choose initially the 1-month period and then choose to renew it for the second month,
we can continue with the same price or agree upon another price (up to us).
3) The pool that we will use will be the "pool-x.eu" and we'll mine with my username (in case you do not want me to do the settings/tests of cgminer or reaper with TeamViewer). I'll give you my password and then I will open the page and look at the hashrate of your rig. You will open the same page too to see the current hashrate, to be secure that I am not lying (you can also see the hashrate in the application/DOS window if we use cgminer).
4) After some minutes pass we will note the hashrate and I will give you the first payment through PayPal. It would be better if we break the total payment into 5 or more parts. The first payment during the 1st day - to establish our trust and build faith between us. The second after 1 week (7 days) of the first payment, the third after 2 weeks of the first payment, the fourth after 3 weeks of the first payment and the fifth after 4 weeks (end of month).
5) The suggested price is 260,6USD or 200Euro per 1GHz
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I am open for discussion/changes
Updated:Edited price
