Hello, my name is Shane Farrar. While I am not new to bitcoin or the forums (lurker) I have finally made an account here.

I noticed that there are a lot of places selling mining contracts that are scams, with only a few legitimate ones. I created a business plan in an attempt to offer a legitimate service for mining contracts. While there service is not up yet and things are subject to change I was hoping to get some feed back on the price point that I have come up with for the service. I wanted to put it up to scrutiny as I finalize it in the coming weeks. If it holds, I hope to start kick this thing off.

Basically I am hoping to offer shares at $24.99 each. These shares will come with:

• A MINIMUM guarenteed 1 GH/s at any given time.
  • There will be soft prorates that will increase hashing power of a share for an unspecified amount of time. And there will be hard prorates that will increase the MINIMUM atleast twice a year at an amount depending on hardware improvements.
• A minimum of 4 years service. Contracts will continue to run after 4 years if they remain profitable.
• No mandatory Reinvestment
• No hidden fees
• No skimming of the coins produced by the shares.
• No repair, power, or equipment fees for the first 4 years (up to 5% of production thereafter)

What do you guys think?