How to Price Your Servers for Rental

The minimum profitability that your GPUs can bring is the mining income, calculated using a mining calculator, such as hashrate.no. This serves as a baseline for setting a rental price. Let’s consider an example for a mining rig with 8 x 3070 GPUs.

Determining Rig Profitability:

Go to the hashrate.no website and find the profitability for a single 3070 card, for example, $0.37. For a rig with 8 cards, the profitability would be:

0,37 * 8 = 2,96$

This is the current profitability for an 8 x 3070 rig, which can be used as a starting point when setting the rental price.

Setting the Price on the Server:

As mentioned earlier, you can directly specify a price in dollars in the server settings by enabling the corresponding feature. The price in BTC and CLORE will then be automatically recalculated and updated based on the exchange rate. If you prefer to set fixed values for BTC and CLORE, manually convert the calculated dollar amount.

Configuring in the Clore Dashboard:

Log in to your dashboard on clore.ai, and insert the calculated values into the On-demand pricing field. Set the Spot price slightly lower, then enable the rental.

Note: You can set the price above or below the baseline, depending on demand. Mining profitability in this case serves as a guideline.

Setting Prices for GPU Servers:

If you not only have a mining rig but also a powerful GPU server capable of handling AI tasks, you can set the Spot price based on mining profitability, while the Rent price can be based on the anticipated cost of services.

CLORE Coin Bonus:

In addition to rental payments (e.g., $2.96), renters receive a bonus in CLORE coins. You can find the exact amount using the calculator on the website.

Remember to account for the commission: for Spot rentals, it’s 2.5%, and for other cases, it’s 10%. Thus, for a day’s rental, the result would be:

2,664$ + 14,9775 CLORE