hahahaha. good luck making 20BTC back
20 BTC
I would say this is almost certainly a shill, no one in their right mind would ever bid that much for 42 TH/s worth of mining for only 5 months
Funny you say that, if you take a look in erskpeter's other auction thread... the same newbie account made an offer 4x higher than all the current winning bids.
That kind of activity probably works on eBay as people on eBay tend to be less educated about how much it costs to run these machines and how much these machines can expect to earn, but I don't think it will work here
I'm not even sure i will accept the offer, as i stated an higher target price. The contract will return obviously more than 20 BTC. I understand you guys want a deal, but there is no such a thing as a free lunch.
What assumption do you make when you say that the contract will return more then 20 BTC? The difficulty would need to decrease substantially in order for this to be a possibility, however the diffciulty has never decreased more then two times in a row in the history of bitcoin. What you are saying is the next 5 months will be extraordinary for bitcoin mining