The idea behind Mining Equipment Rentals is to create a quicker, smarter and more powerful way to rent or lease cryptocurrency mining equipments. The motivations behind renting a equipment can be different for new-comers to cryptocurrency and pro miners who want to attempt out fresh equipment or algorithms. MiningRigRentals.com is suggesting a one-stop solution to anyone.
About Mining Equipment Rentals
Mining Equipment Rentals service has bot developed from the ground up by miners for the mining community. The domain of MiningRigRentals.com wasgoed registered te February 2014. The webpagina have bot active since April that year. The owners describe themselves spil “the eHarmony of the mining community” and list their address spil Fresh York City on their Twitter pagina. However aside from this, there is no public information about who’s behind the company.
On the other side, by now Mining Equipment Rentals has bot up and running for more than Three years, which makes it seem to be a legitimate, trusted service provider on the market.
Mining Equipment Rentals on Social Media
- Youtube: https://www.youtube.com/channel/UC9XzUmyJq9GVw4KwF3jKEKg
- Email: [email protected]
- Bitcointalk thread MiningRigRentals
- Twitter: @miningrigrental
- Facebook: miningrigrentals
- Tumblr: miningrigrentals
Core Algorithms: Sha256, Scrypt, X11, Dagger-Hashimoto
Fringe Algorithms: Libry, Lyra2rev2, Blake256-14, Neoscrypt, Yescrypt, Quark, Lyra2RE, Equihash
MiningRigRentals.com provides a unique marketplace for cryptocurrency equipment renters and equipment owners. They call their service similar to an escrow service, making the transactions spil sleek spil it can be inbetween the two counterparties. Mining Equipment Rentals also act spil a 3rd party mediator of transactional funds should there be a discrepancy inbetween what you paid for and what you received.
Services For Equipment Rentals
There are several different reasons, why users can determine on renting a equipment. Rookies to the cryptocurrency mining world can learn by hands-on practice the various hardware and mining algorithms.More experienced miners can attempt out fresh mining equipment before investing ter hardware or can test fresh algorithms when a fresh altcoin klapper the market.
Ter order to begin, you need to choose the algorithm of the coin you wish to mine and filterzakje the results. Now you can review mining equipments that are listed for rental. Mining Equipment Rentals provides renters with implements such spil our average hashrate graph and an elaborate rating system. Once you’ve selected the equipment you wish to rent, you can go after the onscreen instructions to make the precies payment. Input the precies number of hours you would like to rent the mining equipment. Proceed by clicking “Rent.” The next pagina will permit you to inject up to five total pools. Ter the very first pool #1 spot, come in the pool you wish to instantaneously start mining at. Pool #Two and #Trio are backup pools should your proceeding pools of choice fail or become unavailable. This is an excellent way to ensure you get up and mining instantaneously on a coin launch. Finish the rental process by clicking on “Instant Pay.” Once there is confirmation, the mining equipment will automatically switch to the pool of your choice.
One significant thing to note that you cannot switch algorithms after a rental period has began. The mining equipment you rented is configured by its possessor to mine a specific algorithm. You’re welcome to voeling the proprietor of the equipment directly but Mining Equipment Rental will be incapable to switch your payment amounts and totals once processed.
Benefits For Equipment Owners
Cryptocurrency mining equipment owners can benefit from the potential fresh revenue through renting out their right with Mining Equipment Rentals. If you’ve found success mining, simply figure out what it would be worth to you to permit someone else to rent your mining equipment. Price your equipment accordingly and earn income by renting out your hardware.
When someone rents out your mining equipment, they only have the capability to onmiddellijk your hashing power to a pool of their choice. You will always control your hardware and mining configuration files. MiningRigRentals.com adds an extra layer of protection through the specialized bouncer connection.
All payouts are held up to 12 hours after the rental completes. The designated timeframe is to permit for dispute resolution should it be required. After 12 hours your payout will be ready for disbursement. A manual payout button is located on the “Balance” pagina. Your payout address should be set on the Settings pagina along with Autopayout thresholds.
Fees and Pricing Schedule
Mining Equipment Rental charges both sides of the deals. There is a 2% toverfee charged to renters on rental transactions. This toverfee is typically not refunded unless the equipment downright malfunctions. MiningRigRental.com has also an extra toverfee of 3% and is charged on each transaction.
When signing up for a mining equipment, several aspects need to be considered, such spil rental spectacle index, hashrate, profitability, ondergrens and maximum rentable hours. The ondergrens rental period varies from Trio hours to 1 week. The maximum rental hours can go up to one month.
Some of the most popular mining equipments have the following rental prices.
- Antminer S9 for Bitcoin mining producing 12.Five Th/s hashrate with 100% rental spectacle index te the past cost 0.00019499 BTC Price/TH/Day.
- Antminer L3 for Scrypt mining including Litecoin 98.85% rental vertoning index and 1.20GH/s hash rate costs 00000374 BTC Price/MH/Day.
- X11 custom-built equipments begin from 0.00004900 BTC/GH/Day.
Various mining equipments are suggested for less known algorithms – everyone can truly find something for sure they are looking for.
Mining Equipment Rentals podium is effortless to use and very intuitive. Albeit the vormgeving is not that fancy, the webstek has all the relevant information needed to commence renting equipments. There are a lotsbestemming of information available about getting embarked and signing up. They also offerande movie tutorials to make sure you get around the podium and services lightly.
Albeit the podium has bot running for more than three years now, there hasn’t bot any complaints from their user base about the services provided. According to the podium, there are 300 available SHA256 equipments, 548 Scrypt based equipments and 220 X11 equipments are waiting for you to be rented out.
Mining Equipment Rentals also offers an appealing referral system. Commissions are paid out after each transaction fully completes with 0.1% of the total transaction. This applies to both renters and equipment owners that are referred to MRR using your referral listig. If you refer a renter and a equipment possessor and the renter leases the equipment holder’s equipment then you will receive a total of 0.2% commission for that transaction. There is no ceiling on your earnings potential. You will proceed to earn 0.1% on every transaction the referred account fully completes.
Mining Equipment Rentals is suggesting a unique solution on the cryptocurrency mining market where miners can suggest their equipment to rent and users can engage into lease agreements. The podium offers more than 30 different mining algorithms and associated equipments to choose from. Albeit they are charging both side of the transactions when renting out a equipment, the idea behind Mining Equipment Rentals is indeed good who would like to attempt out cryptocurrency mining te general or just a fresh equipment before investing into hardware.