Topic: Trustless hosting Service w/ Free Electricity (Read 697 times)
Sorry to be unclear. This is for hosting of ASIC miners.
How is that trustless? What if you steal my bitcoins with hardware access to my server?
Then you'd collect the full price of the unit from escrow. Every other hosting service has to be trusted.Common sense says miners, since he's talking about free electricity and hosting, two things often discussed here.
How is that trustless? What if you steal my bitcoins with hardware access to my server?
Then you'd collect the full price of the unit from escrow. Every other hosting service has to be trusted.How is that trustless? What if you steal my bitcoins with hardware access to my server?
Then you'd collect the full price of the unit from escrow. Every other hosting service has to be trusted. 
How is that trustless? What if you steal my bitcoins with hardware access to my server?
I have access to a location with free electricity. I'd like to offer a hosting service but I don't want to reveal too much about myself or the location for obvious reasons. Would anyone be interested in hosting with me if I were to escrow the entire cost of the unit with John K as security. What are possible issues or conditions that anyone would want? Also what fees would make this competitive. Keep in mind this would be much better then any other hosting service since you don't need to trust me at all. Any other service if something happens you'd have to wait for insurance and possibly still need to collect somehow in case of disputes but with me the total cost is 100% escrowed with John K.
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