With the recent development in the publicly available miners and the launch of Zcash in a few hours, I feel the time is right to exit from private mode and make our plans public: http://www.ManagedMiners.com
First, let me get right to the point. With the launch of the site, we would like to beat any other price that is currently being offered:
3 Months – Between $29 and $32 per Sol/s (packages are between 1 and 25 Sol/s).
6 Months – Between $34 and $38 per Sol/s (packages are between 1 and 25 Sol/s).
12 Months – Between $39 and $44 per Sol/s (packages are between 1 and 25 Sol/s).
We have been doing private mining for years. In addition, the thought of opening up the mining to the public is an idea we have been entertaining for awhile. As you can see our domain was registered back in January of 2014, as we have been thinking about opening up our private mining since late 2013 (for about 3 years now). Now is the time to open it up to the public.
We have only recently made the www.ManagedMiners.com website public. The only other presence we have had for online sales is we would use eBay to sell old equipment mining. You can view our eBay account here: http://www.ebay.com/usr/managedminers_dot_com We have over 1,000 feedback, with 100% positive feedback. In the past we even sold mining on eBay, and believe it or not it actually worked pretty good (even with the threat of charge-backs).
We have been active on Bitcointalk.org since 2013, going under the name dance191. You can view the trust of that account here: https://bitcointalk.org/index.php?action=trust;u=204006
Currently we have some publicly viewable bitcoin mining at Kano.is (which is a great pool by the way, run by the cgminer devs). We mine under the username dance191 (the same name we use at Bitcointalk), we are currently #4 in the list of miners there. Right now we have about 175 S7s pointed there, for about 800 Th/s (give or take):
Username Hash Rate 5m
In the interest of full disclosure, if you mouse over the video on the main page it is called “ManagedMiners YouTube Data Center Stream”. The video was streamed live, we did some live streaming off and on for a few months (you can see a bunch of random test videos in our account over the past few months). However, the video that is playing there is currently not a live stream and is a few months old. The machine died that was doing the streaming and we never bothered to fix it. At some point in the near future we will resume the live streams, but for now the streams are not live.
As I mentioned earlier, with the recent release of a few publicly available miners, we now feel comfortable with revealing our plans to the public. Up until very recently, Jonathan had about the only decent miner but he has been unresponsive to working with us (Jonathan, we reached out to you buddy!). The group of miners in Central Washington is pretty small, but we now have a plan we feel very good about.
As you can see from the website, we have 3 packages (1 H/s, 5 H/s, 25 H/s) that are available for 3 different terms (3/6/12 months). All packages and terms offer volume discounts, with what we feel is a lot of flexibility on both the amount of hashing speed and the length of the term. However, everyone likes a good deal, so what we really want to focus on is price and making sure the customers are happy.
Now, a few things we want people to be aware of:
Orders placed will start hashing within 1 week (168 hours) after the order's payment has received 1 confirmation. If for some reason, and there is some horrible disaster, we will refund orders if they have not started hashing within 2 weeks (336 hours) after the order has received 1 confirmation. We do not anticipate any major problems, but we have to cover all bases. In addition, you will receive a refund in the amount of BTC that you paid, not the amount of USD you paid. So, if you paid 2.0 BTC, that is what you will get back, not the value in USD at the time of payment/refund.
H/s = Sol/s. There is some confusion about this among people as the term H/s is somewhat left over from mining other coins. Really people should be using Sol/s but I think out of habit they like to use H/s. I just want to clarify this so there is no confusion.
Currently, our plan is to take a rig and have it mine for you for some fraction of a day (basically everyone would have a timeshare on 1 machine). For example, say you purchase 25 H/s and say you end up mining on a rig that is 100 H/s. What is going to happen is you will mine at 100 H/s for ¼ of the day. 25 H/s = 2,160,000 hashes a day and that is what you will receive. We just want people to be aware they will probably receive those 2,160,000 hashes a day in under a day (this is especially true for the slower speed orders). Your speed will likely not be spread out evenly during the day. If there becomes something like a –load-balance option (like in cgminer, where we can split the hashing) then we will do our best efforts to spread out the hashing evenly during the day. In the end, this shouldn't matter (as you simply get more speed for less time), as it all comes out the same. We just want people to be aware of this technical detail beforehand.
In the event there is any outages that are our fault (due to a power outage, internet outage, etc), you will receive extra speed as soon as possible to make up for any missed hashes. So, for example, if you should get 1,000,000 hashes every day and one day you get only 800,000 due to an outage, you will receive 200,000 extra asap (1,200,000 in a day, rather than 1,000,000). This only covers outages that are our fault, we can not be held responsible for any pool outages.
We reserve the right to rapidly change prices and or stop selling/limit sales at any time. We don't have an infinite supply and we can only sell what we can supply. In addition, any bitcoin addresses are valid for only 1 hour after they are generated. If you pay after that time, we might reject your order so please pay within the hour.
We know a lot of people have had a bad experience with cloud mining. All we ask is people give us a chance. We will not let you down as we have been mining for years and know how to run a mine. We have lots of other plans in the works, but this will get the ball rolling.