I strongly encourage everyone renting their rigs out to take this seriously, and understand that you have a responsibility to provide a good service to those paying you for it.... The viability of this service relies upon you doing the right thing.
Perhaps implementing a '5 star rating' system, allowing customers to rate their providers would help differentiate the good ones from the bad ones.
For my part, I've always noticed any dips in service, and messaged the renter about it, and extended the lease without being asked by more than what was lost. I don't think I've had any unsatisfied customers.
Also, I do see a race to the bottom happening, now that providers seem to outnumber renters. The 'Order's' system will serve to only hasten it transitioning into a buyer's market, and putting more pressure on prices. Is the service more profitable than coin switching pools, yes; however, that margin is shrinking quite rapidly. I imagine it will settle to 1-2% higher, as people are willing to lease their rigs ever cheaper.
The precipitous drop in alt-coin value over the last couple weeks also blows. I guess less people are speculating and more people are buying mining hardware now that the asic ship has come in.
