Post
Topic
Board Beginners & Help
Re: Buying & Selling idle GPU Capacity on SpotCloud
by
ruv
on 22/06/2011, 14:35:15 UTC
Sounds interesting. How much would it cost? Guess it depends on that

It's free to signup as both a buyer or seller. We take 30% of anything sold. There is no markup on the buy side.

@ruv

How would you monitor this and ensure you get your cut?  Maybe I don't understand the logistics of the process, but if a customer is using your hardware to mine and moving the coins into his personal wallet, how can you be sure he will pay you? 

Buyers make an up front deposit, 'pay as you go' model. As they use providers compute resources, the platform automatically (real time) debts the buyer and credits the associated seller/provider. At the end of the month any providers who have $50USD or more are sent a check via an automated check writing service.

What I'm thinking is offering an option to be paid in bitcoins, immediately, rather than at the end of the month.

@ruv