10 shares in GB2, 10 shares in GB3, bought out the 2 Ants.

Purchased 20 shares x 6 months x $8.50 via coinbase.  Please send payments to address used in GB2 and 3:

18nh2MxTB1Jn2L4DvLLNqfuKBNnKBqM293   

Thanks!

We have a company already specifically for this.    We do short term rentals already, but we could put together a longer term rental if that is what the community desires.

I'm thinking about putting together a groupbuy for a KNC Titan with possibly some immediate hashing thrown in from our existing GPUs.

Option 1:  Yet another KNC Titan Group Buy - 1BTC/5Mhs, 20 shares.

Option 2:  2 BTC for 5MH/s (1Mhs now, 4Mhs when KNC ships).  This is double the current group buy price but is in line with GPU pricing/Mhs, but would provide you with a small drip dividend from now until KNC ships the Titan. 

Total of 25 shares.

Option 3:  1 BTC/1Mhs immediate hashing

All hosted in our dedicated, secured, air conditioned environment.  We hash whatever is most profitable - with a goal to gain 20% more than LTC.  Hosting fees are as follows:

Space/power = $50/month per 1Mhs, GPU; to be determined for KNC miner, but expected to be less than $10/month per 1Mhs
Management fee = Performance based relative to LTC to keep operator focussed on maximizing profits.  If we are equivalent or less than LTC, no management fee, 5-9.99% higher = 1% fee, 10-14.99% higher = 2% fee, 15-19.99%=3%, 20-24.99% higher = 4%, 25+% higher that LTC = 5%.

Will formally present with details on me/space, etc shortly, but would appreciate any thoughts.

Mine all swapped to backup as well - around 3am EST.

In Canada, their instock and pricing is pretty bad compared to other retailers. 

I agree on the gridseed miners - I watch this carefully, but at current capital costs, they are not more cost effective.   It is better to purchase cheaper GPUs and run them undervolted - I look at windows of 3-6 months of time for ROI.  Gridseeds may be 6+ months ROI, and that starts to get very risky with the current BTC and alt coin climate.

Yup - I'm at 0.077/kwh, so I'm pretty happy with that...  Hydroelectric power at its best!

I think this will be completely dependent on your price of power.  It can range from 5 cents to 40+ cents per kwh depending on where you are, and that can be enough to make GPUs profitable for many months to come, or not at all right now.

Is it time to either create a minimum hash rate, or a minimum transaction amount?

There are some rigs on the site with such a low hashrate that even purchasing 7 days is less than a transaction fee - this seems absurd.

Who is even interested in 6khs hashrate?  I wonder if a more reasonable 300khs bottom limit is placed, and perhaps this is even too low.  Even a low grade single 270 card should top 400khs.

I notice alot of the lower end cpu miners have lower rating scores, and perhaps another way of dealing with this is to allow searching by only 10/10 rigs or those with a rating.

What you are seeing is a combination of factors, but alt-coins are not independent of BTC.  Shutting down your farm may be the right decision for you and will help other individuals who are able to keep their rigs operating at lower cost by decreasing the network hashrates.

Full disclosure, I am increasing my position in scrypt hashing at the moment.

This sounds risky...  can you provide more details?

Where are the rigs located?
What are they going to be made up of?  GPU?  Asic?  What models, and what does "upgraded" mean to you?
How do you have free electricity?  That sounds unsustainable over 180 days.

If you want this, go with a multipool that allows you to withdraw the coins mined yourself, as opposed to auto-switching to BTC.  There are several out there.

For what it's worth, I think you need to work on power optimization - if I read your chart right, you are pulling 702 watts to run 1.3Mhs of scrypt?

I run rigs that pull 686 watts for 1.8Mhs when using Bronze PSU's, and I am currently now purchaing Gold rated PSU's as they pull closer to 640 watts at the wall for the same setup.  I still can't justify the increased cost of Platinum PSU's. 

Have you explored undervolt your rig or invest in a better PSU, or different GPU's with a better power per kh ratio.  Heck, with that power cost, you may want to explore ASICs, when they actually become more reliable. 

I think people running rigs on Betarigs are actually following the market to ensure they may out their profits for the rig investment. Right now, profit switchers are running less than 0.007 on average right now...  there is the odd day spike from that.  So, I think what you are seeing is that there are people who find that rending at 0.007-0.008 on betarigs is more profitable than mining themselves.  As profit switcher pools start to increase back up in earnings (if), then it stands to reason betarigs pricing will follow.  Betarigs pricing has never gone below profit switchers to date from what I have noticed.

http://poolpicker.eu/text.php

What are the specs on the 10 miner kit?  Hashrate?

Always rent from those who provide support, so you can get clarity around any issues.

And, hash rates reported by pools and actual hash rates can vary depending on how the pool reports the hash rate (over what amount of time) and what the diff is.

If I'm not mistaken - this isn't an essential with betarigs, you can point multiple rigs to the same username/password and it will combine the hashrates.  I have rewarded some long term users not with extra hours, but by increasing their hashrate, and this appears to work.

No - when you rent, you can only enter one pool.

I'm with you.  Let the market decide.  It's like spot instances on AWS...  if demands increases relative to supply, prices will go up.  If supply increases relative to demand, prices drop.    I think we are starting to see some stability in pricing around 0.0125-0.013 range and I don't anticipate this will increase too much when there is close to 500Mh/s available.

Simple solution it seems for me...  fresh usb stick, fresh BAMT install - now running stable for a few hours...  going to keep watching this thing, though to see if this is just random, or a fix.