The rent would be for a 3-12 month contract, your call. I'm thinking a price of about $150 a month. I pay cheap prices for electricty and you are taking on the risk paying upfront, so it seems fair to me.
Your $150 per month rate would be appropriate now, however as difficulty increases it will become less and less appropriate. Would you be willing to consider any longer term leases when the price per month declines each additional month by an agreed upon amount?
This is actually an excellent point I have not considered. Bitcoin IMO, is going to see a difficulty decline soon and this is probably the least profitable we will see it. But I could be wrong. It could get worse. And in the longterm one thing is for sure: Diff rises.
I'm opening this to single month rentals with optional renewals either at the current rate, or a renegotiated rate. I of course reserve the right to terminate at the end of the month if I feel I'd be doing better on my own, but you'd be given some kind of advance notice (I'm thinking at least 15 days ahead of time). Renegotiated renewals would consider what is happening, for better or for worse. If bitcoin is doing well however you'd probably want to opt to keep your current rate.
Editing opening post to indicate such.
Oh, and thanks for the vouch AT101ET! Great to see you here as well!
