MiningRigRentals is getting hash power eaten!! People are enjoying the new m7m algo.
Watch when other clones develop ontop of magi's innovation. I see a trend about to happen.
It looks to me as if renting these cpu's cost ten times the daily profit.
Why would I rent it for such an expensive price?
Or am I miscalculating?
how did you calculate?
32 kh/s -> around 8 xmg a day = 0,0004 btc.
costs mining rental a day (32 khs * 0.09 mhash/day): 0,003 btc = 800 %.
I was kinda floored by the rates too. Also wondering what those renters were thinking! Margings are thin there on all the algos, gotta really be set up right, and ready to jump around, have your backups etc etc.
I'd like to post a rig or two myself, but there seems to be absolutely nothing online about how to set up, what's needed etc etc. Info anyone?
Oh, and one reason I'd like to list, put a bit of realistic honesty into those numbers.
Edit: And here once again we've got an example of the minimalist style of this scene... one bit of text, roll-over, not highlighted, pointed to, big shiny button, etc etc. C'mon people, when it comes to information (and most other things) "Too Much is Always Better than Not Enough!" We're supposed to be computer geeks obsessed with protocols and triple-checks. I've got on more than a few nerves over the years (!!!) but it took me
thirty of them before I finally accidentally formatted the wrong hard-drive. (3 days sleepless, identical drives, bugger).
So, someone go and rent out my
Bad Girl and take her for a drive. Set way more honest price in the hopes that others will follow, then we'll recalc.
Thought that mined per day was a little low. I get 16+ per day on around 35 kh/s. I've set mine to 0.04 for now. Slight profit but that 30 Kh/s is more like 35+. Sooooo... anyone catch that pump today? Joy!