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Topic: Would you pay 33$ for a 7 days 1150Th/s ±5% mining contract? (Read 575 times)

ABCbits
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Would you pay 33$ for a 7 days 1150Th/s ±5% mining contract?
July 22, 2015, 10:54:54 AM
#15
Quote from: Amph on July 22, 2015, 05:58:32 AM
Quote from: xstr8guy on July 22, 2015, 05:09:06 AM
Quote
Would you pay 33$ for a 7 days 1150Th/s ±5% mining contract?

Ok, this MUST be a typo. That says Th/s not GH/s. How did everyone miss this? That would be 79BTC in a week. C'mon people... That's over 1 PH/s.

there your answer, but i was thinking that he forget about the "," instead, so 1.150, actually he made two typo, the second is the exact hashrate of the s5 which is 1,155TH/s

Hmm, 33$ just for 1,155TH/s in 7 days. That's unprofitable at all
You could earn about 0.07926166BTC or $21.98 Sad Sad

Could be worth if you are able get much more blocks than usual or bitcoin price suddenly rise to $500
subSTRATA
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Re: Would you pay 33$ for a 7 days 1150Th/s ±5% mining contract?
July 22, 2015, 06:51:50 AM
#14
ask yourself: why would you sell anything if youre not getting profit off of it? i guarantee you that contract you will buy will not get you your money's worth. there is no reason for the person selling this service to offer you this deal if he was not getting something out of this. why offer someone mining power if they could make more mining on their own? they wouldnt.
philipma1957
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Re: Would you pay 33$ for a 7 days 1150Th/s ±5% mining contract?
July 22, 2015, 06:48:57 AM
#13
People that are new to bitcoin may want the contract.  If you are new to the game it is hard to get coins.

The problem I see is  the some people  are crooks so they will put in a complaint and get the money back on a claim.

Amph
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Re: Would you pay 33$ for a 7 days 1150Th/s ±5% mining contract?
July 22, 2015, 05:58:32 AM
#12
Quote from: xstr8guy on July 22, 2015, 05:09:06 AM
Quote
Would you pay 33$ for a 7 days 1150Th/s ±5% mining contract?

Ok, this MUST be a typo. That says Th/s not GH/s. How did everyone miss this? That would be 79BTC in a week. C'mon people... That's over 1 PH/s.

there your answer, but i was thinking that he forget about the "," instead, so 1.150, actually he made two typo, the second is the exact hashrate of the s5 which is 1,155TH/s
xstr8guy
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Re: Would you pay 33$ for a 7 days 1150Th/s ±5% mining contract?
July 22, 2015, 05:09:06 AM
#11
Quote
Would you pay 33$ for a 7 days 1150Th/s ±5% mining contract?

Ok, this MUST be a typo. That says Th/s not GH/s. How did everyone miss this? That would be 79BTC in a week. C'mon people... That's over 1 PH/s.
Amph
legendary
Activity: 3248
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Re: Would you pay 33$ for a 7 days 1150Th/s ±5% mining contract?
July 22, 2015, 02:59:32 AM
#10
Quote from: PenguinFire on July 22, 2015, 02:13:34 AM
Quote from: Amph on July 22, 2015, 02:07:31 AM
7 days with that hash is roughly  0.077 which is around $21, this mean thast the guy who will buy this will lose if he need to pay 33%, more than 50%

so my answer is no

Eww.  I asked because I do not know much about mining.  Why would anyone pay for this service?  haha  Cheesy

not to mention that this assume that his electricity is free, but it is always the case that it's pointless to sell miners, when they can earn you profit, if you sell them then it mean they are not profitable and in the end, the buyers or the seller will lose money
n2004al
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Re: Would you pay 33$ for a 7 days 1150Th/s ±5% mining contract?
July 22, 2015, 02:32:51 AM
#9
Quote from: ferol on July 22, 2015, 01:15:00 AM
Im thinking about offering this through ebay but they would take 10% and im not sure if anyone would be interested on it, what do u guys think?


You offer is not correct. You must tell what kind of mining contract is (the full one; I suppose it will be a cloud). The site in which this power is and the approx earning to be expect from this hashing power. Then the people can judge and giving their opinions.
PenguinFire
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Re: Would you pay 33$ for a 7 days 1150Th/s ±5% mining contract?
July 22, 2015, 02:13:34 AM
#8
Quote from: Amph on July 22, 2015, 02:07:31 AM
7 days with that hash is roughly  0.077 which is around $21, this mean thast the guy who will buy this will lose if he need to pay 33%, more than 50%

so my answer is no

Eww.  I asked because I do not know much about mining.  Why would anyone pay for this service?  haha  Cheesy
Amph
legendary
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Re: Would you pay 33$ for a 7 days 1150Th/s ±5% mining contract?
July 22, 2015, 02:07:31 AM
#7
7 days with that hash is roughly  0.077 which is around $21, this mean thast the guy who will buy this will lose if he need to pay $33, more than 50%

so my answer is no
alh
legendary
Activity: 1846
Merit: 1052
Re: Would you pay 33$ for a 7 days 1150Th/s ±5% mining contract?
July 22, 2015, 02:04:26 AM
#6
It sounds like a losing proposition for the buyer, unless you get really lucky during your 7-day period. Wouldn't you expect to mine about .075 to .085 BTC during a week? Not a horrible deal for the buyer, but nothing great.

What are your electric rates? This should easily cover your running costs for 7 days I would think.
ferol
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Re: Would you pay 33$ for a 7 days 1150Th/s ±5% mining contract?
July 22, 2015, 01:34:35 AM
#5
No insertion fee for the first 20 items. You would have to pay 10% for each successful sale
PenguinFire
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Re: Would you pay 33$ for a 7 days 1150Th/s ±5% mining contract?
July 22, 2015, 01:31:06 AM
#4
Quote from: ferol on July 22, 2015, 01:26:54 AM

You would need to provide your desired mining details i.e. pool address, worker id's etc. The return would depend on it many things as you could imagine. Im just curious because i see many people on ebay offering this kind of service for a lot more money.


http://pages.ebay.com/help/sell/fees.html

I think its 10% in most of the cases.

But it suggests or says you can post 20 listings a month for free.  That sounds like a fair deal.

Plus, doing "buy it now" is always free.
ferol
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Re: Would you pay 33$ for a 7 days 1150Th/s ±5% mining contract?
July 22, 2015, 01:26:54 AM
#3

You would need to provide your desired mining details i.e. pool address, worker id's etc. The return would depend on it many things as you could imagine. Im just curious because i see many people on ebay offering this kind of service for a lot more money.


http://pages.ebay.com/help/sell/fees.html

I think its 10% in most of the cases.
PenguinFire
full member
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That Darn Cat
Re: Would you pay 33$ for a 7 days 1150Th/s ±5% mining contract?
July 22, 2015, 01:19:01 AM
#2
What would be an expected return on this?

And I don't think they hardly take that much.  More like 6 percent when I was there a short time ago.
ferol
jr. member
Activity: 41
Merit: 10
Re: Would you pay 33$ for a 7 days 1150Th/s ±5% mining contract?
July 22, 2015, 01:15:00 AM
#1
Im thinking about offering this through ebay but they would take 10% and im not sure if anyone would be interested on it, what do u guys think?
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