Frequently Asked Questions
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MiningRigRentals.com provides a unique marketplace for renters and rig owners. We facilitate a safe transaction similar to an escrow service. Choose the algorithm of the coin you wish to mine and filter the results. Now you can review mining rigs that are listed for rental. We provide renters with tools such as our average hashrate graph and an elaborate rating system. Not only can you safely narrow your choices but we also act as a 3rd party mediator of transactional funds should there be a discrepancy between what you paid for and what you received. Once you've selected the rig you wish to rent, you can follow the onscreen instructions to make the exact payment. Once there is confirmation, the mining rig will automatically switch to the pool of your choice.
Great! You're one step closer to mining at your pool of choice. Input the exact number of hours you would like to rent the mining rig. Proceed by clicking "Rent." The next page will allow you to enter 5 total pools. In the first pool #1 spot, enter the pool you wish to immediately begin mining at. Pool #2 and #3 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 immediately on a coin launch. Finish the rental process by clicking on "Instant Pay." That's it! You're on your way to mining, it has never been simpler.
Unfortunately, this is not possible. The mining rig you rented is configured by it's owner to mine a specific algorithm. You're welcome to contact him but we will be unable to switch your payment amounts and totals.
- Make sure you have a second pool in your pool list. If your main pool fails to provide work to our system, our system will disconnect the rig owner's mining rig. If you have a second pool set it will automatically switch to the second pool. It is critical to set more than one pool because of this!
- If you have two pools listed and you're sure both pools are functioning properly, please then contact the rig owner immediately. It's our experience that rig owners tend to be just as concerned about down time as their renters are.
- If you've set two pools and the rig owner is unresponsive and the rig is still offline please submit a ticket to support. To provide rig owners with a complete opportunity to compensate time, refunds cannot be processed until after the rental period has completed.
While the rating you provide is entirely up to you, please weigh in all the factors of your rental. This will ensure that future users will have the necessary tools to make a good decision on their rental choice. Was the rig stable? If there was down time was the rig owner responsive? Was the rig owner willing to compensate for any loss in mining time?
There are a lot of variables to the hashrate. It is not uncommon for the hash rate to be 10%-15% above or below the previous 24 hour chart. . Factors such as pool choice, coin difficulty, latency from your pool choice etc could play a major factor in the variation. If you don't feel something is fair, try contacting the rig owner.
If you rent a rig that is offline for at least 20 minutes during the first 30 minutes of the rental, the rental will be cancelled and you will be refunded. Our system accurately tracks accepted shares. Should you need a refund for partially delivered hash rate and or downtime, please wait until the rental completes and then simply open a ticket for our review. Please open this ticket within 12 hours of the rental completing or we will not be able to refund you. Once we review the rental we will refund exactly what you are owed.
When someone rents out your mining rig, they only have the ability to direct your hashing power to a pool of their choice. You will always control your hardware and mining configuration files. MiningRigRentals.com adds an additional layer of protection through our specialized bouncer connection.
- Please allow up to 2-3 minutes for your connection to complete and begin reporting.
- Please double check the configuration suggestions, it's possible you are using the wrong client name or password.
- You need at least one working pool defined in MRR's rig detail page in order to connect to MRR's stratums.
- Make sure you're not using a mining client that has the "reconnect fix" added (currently only special versions of cgminer). Also check your config file for this line: no-client-reconnect : true, This line needs to be set to false.
- If your rig is rented out and loses it's connection and cannot reconnect, ask your renter to double check that they setup at least 2 pools. If they are only using one and that pool fails, there will be no failovers and the connection will be lost. With no available pools at MRR, your rig will failover to your local config in search of work.
All payouts are held upto 12 hours after the rental completes. The designated timeframe is to allow 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" page. Your payout address should be set on the Settings page along with Autopayout thresholds. MiningRigRental.com's fee is 3% and is only charged on transactions. Using our service is free otherwise.
This is entirely up to you. We find that most renters place heavy emphasis on mining rig ratings when making their rental choice. We suggest contacting the renter and also considering adding additional time to the original rental agreement.
Please check MiningRigRentals.com to ensure your rig is not pending a new rental and or is not currently rented out. If you've decided to "unlist" your rig, simply disable it by clicking on "My Rigs" and selecting the rig's name in your list of mining rigs.
We provide an extra avenue of potential profit in your mining adventure. If you've found success mining, simply figure out what it would be worth to you to allow someone else to rent your mining rig. Price your rig accordingly. Our service allows you to setup backup pools. This allows you to have multiple fallbacks. We also provide the convenience of allowing you to change your mining rig's pool from anywhere you have access to the internet.
We don't recommend this. Once you extend the renter's time we cannot credit the time or funds back to your account. If you choose to do this, you must assume the risk that the renter may never send the additional funds. The time extension is meant to allow compensation for rig down time.
Other services online don't prevent people from renting rigs but not paying, thus excluding your rig from the rental list. We track renters who fail to pay for rentals to prevent abuse. Your rig will continue to hash at your pool unaffected by the Not paid status.
Please check your account details page for the referral link. Use this link to recommend MiningRigRentals.com to your mining friends. We will pay you a commission from each transaction that occurs from your referral.
Commissions are paid out after each transaction fully completes. We offer .1% of the total transaction. This applies to both renters and rig owners that are referred to MRR using your referral link. If you refer a renter and a rig owner and the renter leases the rig owner's rig then you will receive a total of .2% commission for that transaction. There is no ceiling on your earnings potential. You will continue to earn .1% on every transaction the referred account fully completes.
Absolutely! Make sure to contact us directly by using our feedback/contact page.