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Whole lotta mining going on!
The photo shows a shelf of mining rigs in Vladimir’s datacenter.
His service sells mining contracts for a specific level of mining output that is measured in terms of GHash/second of mining capacity.  The amount of bitcoins returned daily over the life of the contract will vary as Bitcoin difficulty adjusts.
Mining under such a contract provides the buyer a method to acquire “newly minted”, or virgin bitcoins without requiring the investment and expertise that operating a Bitcoin miner encompasses.  Virgin coins have not previously been spent thus using coins in this state might increase the ability to transact anonymously.
At the current difficulty level of 92348, a 1 GHash/s contract returns about 10.89 BTC daily.   A common dedicated rig configuration has two ATI HD 5970s, will cost $1,500 or more and can generate roughly 1.2 GHash/s.  The configuration of GPU hardware used by the rigs in the photo is unknown.
There are multiple vendors advertising mining contracts for sale.
Previous Posts 

Whole lotta mining going on!

The photo shows a shelf of mining rigs in Vladimir’s datacenter.

His service sells mining contracts for a specific level of mining output that is measured in terms of GHash/second of mining capacity.  The amount of bitcoins returned daily over the life of the contract will vary as Bitcoin difficulty adjusts.

Mining under such a contract provides the buyer a method to acquire “newly minted”, or virgin bitcoins without requiring the investment and expertise that operating a Bitcoin miner encompasses.  Virgin coins have not previously been spent thus using coins in this state might increase the ability to transact anonymously.

At the current difficulty level of 92348, a 1 GHash/s contract returns about 10.89 BTC daily.   A common dedicated rig configuration has two ATI HD 5970s, will cost $1,500 or more and can generate roughly 1.2 GHash/s.  The configuration of GPU hardware used by the rigs in the photo is unknown.

There are multiple vendors advertising mining contracts for sale.

Previous Posts 

  1. bitcoinminer posted this
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