Author

Topic: [WTS] 16BTC pyramining.com account {13 BTC} (Read 619 times)

legendary
Activity: 1713
Merit: 1029
June 25, 2012, 12:16:32 AM
#3
Thank you so much N.Olmos!
full member
Activity: 162
Merit: 100
You should contact user eliale.


https://bitcointalksearch.org/topic/m.959596

n.olmos
legendary
Activity: 1713
Merit: 1029
Hey all! I have no idea how this would work, I'd be happy to give the buyer my whole wallet.dat file so they could receive the pyramining payouts, or if someone has a more elegant solution that hopefully wouldn't leave the possibility of people thinking I would be able to also use the wallet.dat file, etc. So please if you have another way tell me Smiley It's also probably really far out of the question, but I could get the Bitcoins in payment now, then pay out every time the contract sends me a Bitcoin, but this is extremely risky and personally if I were a buyer of this, there is no way I would want to do go that route, although as the seller it would be fine with me.

Basically, a month or so ago May 16th, 2012, I put 16.01 Bitcoins into a pyramining.com account. For anyone who doesn't know what this is, it's basically a mining contract, where right now my Bitcoins are equivalent to ~120MH/s of hashing power. You get 110% of the investment. Your bitcoins go towards purchasing Mining hardware, and then you get paid in the mining yields. The expected time for the contract to complete is 10 months, so 9 from now, likely March of 2012. I put in 16 BTC then got one person in my referral chain so the total payout will be around 17.67 BTC in March, although no idea what the ASIC will do to this contract, pyramiding is currently based on FPGA's.

I now offer this account for sale for 13 BTC up front, meaning you will have a profit of ~4.67 BTC just letting it sit there. I am doing this because I would like to have those bit coins on hand, and selling the contract for less than it will eventually yield at this point is worth it to me.

Let me know if there is any interest in this. If this is just totally unfeasible as to the transfer process, ah well.

The contract is pretty close to paying out it's first Bitcoin, by the way Smiley 0.895BTC so far, payouts happen at every 1 BTC and then when the contract completes if there is any decimal left over (like the .67...).

Thanks!
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