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ASIC Miners
258 sats \ 5 comments \ @nymkey 18 Oct 2022 bitcoin
What would be the right way to offer someone to mine
for them using your electricity if they are planning to 
turn off their miners?

How would someone trust sending the ASICs to someone
in exchange of, let's say 50/50, the Sats obtained for the
life of that specific ASIC sent.

Curious about some creative ideas about how to proceed
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254 sats \ 1 reply \ @Wumbo 18 Oct 2022
Maybe exchange the ASIC for 1/2 their purchase value in BTC.
Then over the course of time the person doing the mining would make payments to the old owner with their share of mining rewards.
Not a perfect system but at least one has a 50% security deposit on the miner.
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1 sat \ 0 replies \ @nymkey OP 18 Oct 2022
Sounds like a good option.
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1 sat \ 0 replies \ @Dgr8otudor 18 Oct 2022
Is there any company or individual that can give you a contract for a miner and you mine on your electricity.
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1 sat \ 1 reply \ @k00b 18 Oct 2022
Why do you format your posts this way?
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302 sats \ 0 replies \ @nymkey OP 18 Oct 2022
No specific reason but probably because I am
a boomer, and use to sign my messages with PGP and
this format makes it easier to verify them, if needed.
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