Quote from: P2Pooler on March 30, 2014, 04:37:58 PM

I'm really not trying to be a troll here, but have concerns with a couple of the new ownership's statements:

1) "The goal has always been to provide customers leased or hosted hardware for less than their anticipated mining profits. GPU rigs are often leased for 50-70% of expected revenue to ensure customers ROI. Our plans for leaserig are no different."

This statement gives me the feeling that the new owner has a bias towards the renter, and also a bias against GPU rigs. Not that there is anything wrong with putting the customer first, but the previous owner seemed neutral. At least I never saw them call out particular type of mining rig should only be rented at X%, or state that the service's main goal was to benefit the renter vs the owner or vice-versa. I like how the market determines the price and am leery of what actions will they take to "ensure" their main goal? Why would I rent my rig for 50% what I could mine with it? It seems in almost all cases it costs more to rent something than to own. Why? From what I have read in other threads, most rig owners expect a premium since they made the hardware investment, provide the space, power, cooling, network, monitoring, etc. I can't imagine many real estate owners taking their capital or a loan to purchase a home, then rent it for less than the mortgage, or less than they could earn in simple interest on the capital. So if I get a sense of the new owners doing anything to manipulate the market, I'm out.

2) "Migrate all unicorn hasher customers to the LeaseRig Platform for management and monitoring."

This statement gives me the feeling that they made this acquisition mainly to provide a ready made front-end for their ASIC datacenters, and therefore this migration will take priority above anything else. Again, not that there is anything wrong with this, it is what I would do too if I had such resources. However, I am leery that they will have much concern for the impact to pre-existing rig owners during and after this migration. This one doesn't concern me as much since my rig is configured for Scrypt-N, but wonder what this will do for the Scrypt market? I was hoping the new owner would be more into what they could do for the site and not what the site was going to do for them. I understand that they do plan to add features, but it all seems to be geared for larger providers and I feel like a small time lessor like myself won't be able to compete.

Howdy P2Pooler!

Miaviators' comments made me feel pretty much the same way (I told him so too Grin

).

Personally, as a developer for LeaseRig.net, I can tell you our goal isn't "What can we get out of the site?".

It's a lot more like "What can we do for: the site, the customers, and the providers". With a lot of "Where can we add value?", and "How can we make this platform more secure and efficient for everyone?" too.

I can without a doubt say that our current priority is completing the transition to a redundant production environment. Past that point, immediate plans include: improved security, LRP improvements, and new benefits for miners and providers alike.

IMHO the market has enough issues without people manipulating it, so it wouldn't really be in our best interests to pursue those types of activities. I get a little paranoid too sometimes (well maybe more like most times); but this is one instance where things will all be alright, and then things will gradually become much better. Cool