Scrypt Cloud Has Been LAUNCHED!!!!
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[quote name=“Kevlar” post=“49249” timestamp=“1388688512”]
[quote author=FTClover link=topic=6481.msg49152#msg49152 date=1388675313]
[quote author=SkullandHeadphones link=topic=6481.msg49133#msg49133 date=1388671448]
Hi FTClover,Happy New Year to you and your family.
I would love the 2mh/s 6 month contract once Feathercoin payment is accepted.
Please keep me in the loop.Best,
S&H
[/quote]Hi SkullandHeadphones,
Thank you and happy new year to you :)
Well I cannot seem to find a payment processor for FTC so I’ve started placing listings for contracts on the feathercoin market place under the cryptocurrency category, so that would be the best I can do for now, unless anyone know’s a payment processor for feathercoin?
[/quote][url=http://coinpayments.net/]http://coinpayments.net/[/url]
[/quote]aaah! Thank you kevlar!! +1 :)
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[quote name=“Kevlar” post=“49249” timestamp=“1388688512”]
[url=http://coinpayments.net/]http://coinpayments.net/[/url]
[/quote]Been using them for about a week now, I admit we are only testing with them but it’s a very simple interface and just seams to work!
We are only intending to accept payments via FTC but looking at the interface, you tell them what you want to take and then when someone makes a purchase, they select the coin they want to make the payment with!
UM
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[quote name=“SkullandHeadphones” post=“49133” timestamp=“1388671448”]
Hi FTClover,Happy New Year to you and your family.
I would love the 2mh/s 6 month contract once Feathercoin payment is accepted.
Please keep me in the loop.Best,
S&H
[/quote]Ok now that I am using coinpayments.net we are accepting BTC, FTC, LTC and GLD as forms of payment :)
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Do you actually have ALL of your machines up an running? Any pictures?
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[quote name=“RIPPEDDRAGON” post=“49279” timestamp=“1388696131”]
Do you actually have ALL of your machines up an running? Any pictures?
[/quote]Sorry Rippeddragon I don’t mean to be rude or anything but did you read the first post? :)
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[quote name=“FTClover” post=“49158” timestamp=“1388677078”]
[quote author=zerodrama link=topic=6481.msg49045#msg49045 date=1388654995]
Feature request: make it possible for people to form virtual pools for everything from mining to charities. And let ppl trade hashes to each other on an exchange and by exchanging vouchers that they can trade off site.
[/quote]That could very possibly be a part of scryptcloud.com sometime this year! Only problem is I am not the best website maker, I am looking into paying people to develop the site further and I want to include that feature aswell as everyone having their own accounts ect…
Thank you though I would have never of thought of that :)
[/quote]Let’s have a chat. I have a couple domains I want to make use of. I could make it much easier than it sounds.
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[quote name=“FTClover” post=“49287” timestamp=“1388697254”]
[quote author=RIPPEDDRAGON link=topic=6481.msg49279#msg49279 date=1388696131]
Do you actually have ALL of your machines up an running? Any pictures?
[/quote]Sorry Rippeddragon I don’t mean to be rude or anything but did you read the first post? :)
[/quote]By the way, whatever happened to altcoinbase.com?
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[quote name=“FTClover” post=“49287” timestamp=“1388697254”]
[quote author=RIPPEDDRAGON link=topic=6481.msg49279#msg49279 date=1388696131]
Do you actually have ALL of your machines up an running? Any pictures?
[/quote]Sorry Rippeddragon I don’t mean to be rude or anything but did you read the first post? :)
[/quote]So you are planning on the 20th to have them all running but do you have any running now? If you have even just 1 running can you take a picture and/or SS and post it? If you don’t even have the first machine built yet how do you know your plan will work at all? I am guessing you are going the no riser 3 GPUs in one case build with how you have described this working. Have you found a way to dissipate all the heat that will build up with them next to each other in a case? Do you even have enough cooling capacity in your building to cool 39 GPUs?
If you are waiting on everything for two weeks you really should consider buying another one now at a premium to get the bugs worked out in your design before you start selling a 100% unproven hash rate. I am working on building my own cloud mining service out of local data center and I can tell you that you cant run 3x GPUs side by side in a rackmount case without under volting and down clocking or water cooling the cards.
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[quote name=“RIPPEDDRAGON” post=“49307” timestamp=“1388701774”]
[quote author=FTClover link=topic=6481.msg49287#msg49287 date=1388697254]
[quote author=RIPPEDDRAGON link=topic=6481.msg49279#msg49279 date=1388696131]
Do you actually have ALL of your machines up an running? Any pictures?
[/quote]Sorry Rippeddragon I don’t mean to be rude or anything but did you read the first post? :)
[/quote]So you are planning on the 20th to have them all running but do you have any running now? If you have even just 1 running can you take a picture and/or SS and post it? If you don’t even have the first machine built yet how do you know your plan will work at all? I am guessing you are going the no riser 3 GPUs in one case build with how you have described this working. Have you found a way to dissipate all the heat that will build up with them next to each other in a case? Do you even have enough cooling capacity in your building to cool 39 GPUs?
If you are waiting on everything for two weeks you really should consider buying another one now at a premium to get the bugs worked out in your design before you start selling a 100% unproven hash rate. I am working on building my own cloud mining service out of local data center and I can tell you that you cant run 3x GPUs side by side in a rackmount case without under volting and down clocking or water cooling the cards.
[/quote]Well I was going to build 13 separate rigs with risers of course in an open case, 3 GPU’s per rig, 4 rigs per room in the house not beside each other, I haven’t really considered cooling the rooms though, I figured splitting the rigs up into separate rooms would be enough… The 20th is not a definite launch date either… But contracts will begin once all rigs are up and running. But if things start to get too hot I can just drop down to one of many PC parts shops nearby and pick up some cooling equipment.
My brother is a game designer and is very knowledgeable when it comes to building pc’s and working with graphics cards so I will be getting him to help me out with this. I had recently inherited a nice little sum and decided I would invest it in a monster mining rig, then the cloud mining contracting idea sprung to mind. But I don’t need anyone to buy these contracts and no one has too, I am going to use the money to buy more rigs and I am looking into renting a server room for this. But I know later down the line when scrypt Asic’s are available I will already have done the ground work for a great investment opportunity.
But as I said if all contracts do not sell the remaining hash power is mine, and I would be perfectly happy with that.
As soon as everything arrives I will upload pictures of everything together and then again once everything is assembled, then maybe make a video once everything is up and running.
[quote author=zerodrama link=topic=6481.msg49295#msg49295 date=1388700114]
[quote author=FTClover link=topic=6481.msg49158#msg49158 date=1388677078]
[quote author=zerodrama link=topic=6481.msg49045#msg49045 date=1388654995]
Feature request: make it possible for people to form virtual pools for everything from mining to charities. And let ppl trade hashes to each other on an exchange and by exchanging vouchers that they can trade off site.
[/quote]That could very possibly be a part of scryptcloud.com sometime this year! Only problem is I am not the best website maker, I am looking into paying people to develop the site further and I want to include that feature aswell as everyone having their own accounts ect…
Thank you though I would have never of thought of that :)
[/quote]Let’s have a chat. I have a couple domains I want to make use of. I could make it much easier than it sounds.
[/quote]Really? that would be awesome zerodrama! PM me let me know what you can do! I can pay you with Mh/s or in crypto, whichever you prefer :)
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can I get only 1 megahash for a month , or 200 kilohash for 6 months ? I don’t have enough for 1 megahash for 6 months :| . Thanck you so much and sorry for spaming on the giveaway topic :D
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[quote name=“ghitzafunny” post=“49317” timestamp=“1388703927”]
can I get only 1 megahash for a month , or 200 kilohash for 6 months ? I don’t have enough for 1 megahash for 6 months :| . Thanck you so much and sorry for spaming on the giveaway topic :D
[/quote]PM sent :)
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Just wanted to say thanks for the big reply earlier :)
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Ok so due to a lot of requests for shorter contracts I am now offering 3 month contracts.
1Mh/s - 0.55 BTC
2Mh/s - 1.1 BTCBut really this is the best I can do with manual processing for now…
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a curious question about your pricing model. Will your prices fluctuate together with the currencies (btc, ftc whatever you) value, or will you always be flatrated at the prices mentioned for the contracts?
Normally, a cloud service offers less risk and less work to the customer buying the service, but here you basically put all the risk on the customers and none on yourself. If no one buys a contract, you still have a lot of power and the cards can ROI at their own pace. If a person buys a contract at the price of say 1BTC, they take a risk since the difficulty can rapidly skyrocket, thus leaving them with a service that costs 1BTC over 3 months, but only generate half of that back (since they buy a static ammount of MH). Meanwhile, you still get the income, either from contracts or by just mining with whatever power you have left over.
Wouldn’t it be more constructive (and make more sense) and win-win to take payment in percentage of the profit that the customer generates? :)
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[quote name=“vizay” post=“49476” timestamp=“1388745758”]
Wouldn’t it be more constructive (and make more sense) and win-win to take payment in percentage of the profit that the customer generates? :)
[/quote]Nope. That puts the risk back on the host. It makes the most sense to maximize your profit potential by putting all the risk on the buyer. What you suggest is a win for the customer, and a loss for the host, and there’s no incentive to do it.
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I totally get that, but I can’t for the love of god see why a customer would want to buy a service at risk when he can basically do the exact same thing, at a better profit, and without the risk? :)
Kind of drifting towards the cloud discussion again, I have a hard time seeing this being worth the time put in from FTClover. If you can’t over-allocate the resources the benefit just isn’t big enough imho.
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[quote name=“vizay” post=“49552” timestamp=“1388776366”]
I totally get that, but I can’t for the love of god see why a customer would want to buy a service at risk when he can basically do the exact same thing, at a better profit, and without the risk? :)Kind of drifting towards the cloud discussion again, I have a hard time seeing this being worth the time put in from FTClover. If you can’t over-allocate the resources the benefit just isn’t big enough imho.
[/quote]Doubling down.
0. Calculate what percentage each machine can do and correlate how many days it would take to ROI for each fraction of a config.
1. Buy a massive amount of hardware. On credit.
2. Sell the contracts, as he’s doing here, for BTC.
3. Hold the BTC until XX% increase. Use this to buy near equivalent hardware. Allocate this hardware as “the house”, will not be contracted out.
4. “The house” mines directly into payment to go towards the credit. After attaining ROI on the first set, hardware capacity now doubled, all equipment paid for.
5. ? ? ?
6. Prof-OMG GUYS DON’T ACTUALLY DO THIS. -
[quote name=“HopeStillFlies” post=“49554” timestamp=“1388778122”]
[quote author=vizay link=topic=6481.msg49552#msg49552 date=1388776366]
I totally get that, but I can’t for the love of god see why a customer would want to buy a service at risk when he can basically do the exact same thing, at a better profit, and without the risk? :)Kind of drifting towards the cloud discussion again, I have a hard time seeing this being worth the time put in from FTClover. If you can’t over-allocate the resources the benefit just isn’t big enough imho.
[/quote]Doubling down.
0. Calculate what percentage each machine can do and correlate how many days it would take to ROI for each fraction of a config.
1. Buy a massive amount of hardware. On credit.
2. Sell the contracts, as he’s doing here, for BTC.
3. Hold the BTC until XX% increase. Use this to buy near equivalent hardware. Allocate this hardware as “the house”, will not be contracted out.
4. “The house” mines directly into payment to go towards the credit. After attaining ROI on the first set, hardware capacity now doubled, all equipment paid for.
5. ? ? ?
6. Prof-OMG GUYS DON’T ACTUALLY DO THIS.
[/quote]I will just say that this is a very profitable venture, not so much short term but more long term, initial sales exceed’s the initial cost’s by 1/3 so money invested is made back + 1/3 “profit/developement money” to put back into it so I can then offer a better service, and more mh/s, after a year or so I will then be CEO of a company worth millions! Also I am not selling all 31.5mh/s, 1.5mh/s or so is mine to cover electricity and maintenance.
Think of it this way and sorry for using facebook as an example but do you think mark zuckerbourg made millions the first month facebook was launched? nope it took months for popularity to gain and then it became profitable.
The real fun begins when scrypt Asic miner’s are launched and I will be able to offer much more mining power for a lot less, all expenses will decrease and also a lot less maintenance will be involved.
I have been talking with zerodrama about making the site more automated and including features such as user accounts and a mh/s market where users can trade/sell/buy mh/s. So once I put in all the hard work in the beginning it’s just smooth sailing from there on out :)
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Would it also be possible to add an ability to select a pool?
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Like the idea behind it !
Did even thought of doing this myself and offering hash-shares to friends and family (maybe rethink about it again…)Some questions though:
Why are you running Windows as an OS ?
Why not running your own P2Pool server(s) ?
