Bitcoin Forum

Hi all,

I have a BFL MiniRig SC in hand, available for pickup in Toronto area.

rules for this auction:

1. Minimum bid: 300 BTC, all others will be ignored.
2. Buy-now price is: 1250 BTC
3. Bid increments are 5 BTC
4. Winning bidder will be required to come to Toronto to pick it up and pay on pickup, or pay in full before I ship (Fedex,UPS, DHL)
   Please be prepared to use your ISP email address for all communication and provide your name and your land line phone number
5. I reserve the right to cancel any bid, all bids or this auction all together
6. This auction is for serious buyers only. 

Here are some pictures:

http://s18.postimg.org/md3cdexmt/20130807_200950.jpg (http://postimg.org/image/md3cdexmt/)http://s18.postimg.org/6nnlzgqth/20130807_201539.jpg (http://postimg.org/image/6nnlzgqth/)http://s18.postimg.org/n8v8f4hxh/20130807_201549.jpg (http://postimg.org/image/n8v8f4hxh/)http://s18.postimg.org/m1lw0nh6t/20130807_212004.jpg (http://postimg.org/image/m1lw0nh6t/)

http://s18.postimg.org/4x4kxz9ad/20130807_212009.jpg (http://postimg.org/image/4x4kxz9ad/)http://s18.postimg.org/hd1arq2md/20130807_212027.jpg (http://postimg.org/image/hd1arq2md/)http://s18.postimg.org/l35iyd3ut/20130807_212601.jpg (http://postimg.org/image/l35iyd3ut/)http://s18.postimg.org/avmzlyhmt/20130807_212627.jpg (http://postimg.org/image/avmzlyhmt/)

http://s18.postimg.org/edyziciit/20130808_083953.jpg (http://postimg.org/image/edyziciit/)http://s18.postimg.org/r7x1bovyd/20130808_084011.jpg (http://postimg.org/image/r7x1bovyd/)

When does this auction end?

7 days from now.  August 15th at 04:05:10 PM bitcointalk.org time.

Since I cannot edit the original post here is the timer:

Timer removed. End time: 2013-08-15+04:05:10

 LOL  Buy-now price is: 1250 BTC   ??? ??? ???

Just for fun (as mining profitability calculators are not by any means the word of god, as it were)


The most expensive mining.thegenesisblock.com thinks you should be able to sell BFL minirig for is:  BTC429.941

This would yield, they surmise, a lifetime profit of BTC0.000616

https://i.imgur.com/T00Vg48l.png (http://imgur.com/T00Vg48)

I don't think the network hash rate will increase exponentially as these calculators suggest. 
You just cannot keep plugging new equipment to existing power network and expect them to work.

Even with these BFL minirigs you simply cannot run them at home anymore.
They need two 15A dedicated circuits and proper cooling.  Professional hosting warehouse is what they need.

So expecting an exponential growth is probably a wrong assumption.  But then again, I'm the seller so I'm biased.

Right now, they make BTC6.4/day

As long as escrow with John K. acceptable, I will start you off with a 300 BTC bid.

Escrow?

Yeah, would have John K. hold, get a tracking # and if there were any serious problems with the unit (like he send a shipment of bricks), I would video myself opening the box as proof to send to John K for any disputes.

... I am asking HIM if he accepts escrow.

Aren't you selling 5 Avalons?

I am a broker, yes.

Anyway, question still to be answered - escrow accepted?

I don't know John K.  Never met him.

No escrow service.   Why escrow? so that you can mine with it and then say that you don't like how BFL installed the power supplies or
the unit is damaged because one screw is missing. 

BTW, this case was cut by BFL on the back side to fit the two PSUs, bottom half is hanging by one bracket on right.  Very unprofessional if you ask me.
Internal hub was glued to the case, it came off.  It is hanging in the case on the USB wires from the boards.

Fixed two fans that were not spinning because the wires came loose after they slammed the the fans into the case.  Soldered all fan wires together
on the right side.  All fan are working now.  Want to know more? Ask.

Bid not accepted.

You want to bid, accept my terms in the OP.

No.

I prefer we meet in person.  If you want me to ship, you have to pay in full before I ship.

Untrusting of escrow, seems legit. I also have a unicorn for sale without escrow.

I've done business and met in person people from this forum.

I never done escrow as a buyer or seller. 

Why don't you order from BFL or Avalon and ask for an escrow see how that goes.

 

You're not BFL or Avalon, you're just some guy on a forum. I don't know who you are, where you are, what you are. BFL and Avalon are rather harder to make disappear.

Trust me.  If you deal with me, you'll know who I am and I'll know who you are.
https://bitcointalk.org/index.php?action=trust;u=51626 (https://bitcointalk.org/index.php?action=trust;u=51626)

Read my OP.  5 days left in this auction. 

Fine, I have a friend in Rochester who could meet you to pick it up.  Bid is 300 BTC

Does meeting in person with 30K roughly not make anyone else nervous?  I just cant imagine carrying that much cash into a trade for the life of me.

Meet somewhere public to do the exchange, like a bank.

a lot of aggression too but still some bidding. will be like two gangs of bitcoin nerds meeting up like the scene in anchorman :D

Safer than cash, keep it on your coinbase or blockchain wallet.  Nothing to steal.  He should be more nervous since he actually has a physical item to steal.

anonymous bid via PM BTC450

Sorry to derail the auction thread more, but this made me LOL so hard. Well played sir.

btt.

Highest bid: BTC450
Days left: 2

nothing to see here people.  theymos did say shill bidding is allowed especially for hero members.

Why did you not just set a higher starting bid rather than this nonsense with "PM" bids?  It only pisses people off.

No escrow accepted? Forget about selling it. Good luck mate.

with actual difficulty you only win 199BTC first month  if difficulty not change

Monthly    199.51455177

Escrow?  No thanks.  I already sent my Icarus boards to Yifu in April.

You want to buy, come to pick it up.  I'll have two cops and a cruiser watch the exchange.

Otherwise, pay before I ship.

I'll not be shipping anything if I don't get the money first.

What went sour with your Icarus/Yifu transaction? Just trying to understand your 'no escrow' stance; it isn't something seen too often here for high-value transactions.

Yifu sent out Avalon "newsletter" on Apr 15th.  The "news" basically said, ok now it is the time to send out your Icarus boards for trade-ins for Avalons.
"We'll be sending them out before batch #2 units, as you are valued customers and all"  I'm paraphrasing.  "So do it know!!!".

Most of us fools, send out our boards, DHL express, paid duties (aka bribes) etc.  Guess what happened?
Absolutely nothing.  Bye, bye the boards, mining profit, opportunity to sell them  etc.

Here is a whole thread about it:

https://bitcointalk.org/index.php?topic=140974.0 (https://bitcointalk.org/index.php?topic=140974.0)

See for yourself what he said and when.  Totally, disgusting.

You have nothing else to do than to calculate mining outputs for current sales?
https://bitcointalk.org/index.php?action=profile;u=136862;sa=showPosts

Ok, BitSyncom bailed with your boards. I still don't see the connection with escrow.

If you know of any good escrow service in the Toronto area, let me know.  I'll check them out.

Sorry, I just don't trust some John X in country Y to send BTC450+ coins to, I wish I did.
I'm sure for smaller amounts, I would not mind (Hint: I have a Bitfury August kit order for sale for BTC25), but not for this.

I'm sure buyers feel the same about me, so that is why I'm offering a local pickup (as scary as it might sound).

Anyway, another 19 hours of this ordeal. 

um john k deals with more then 450btc on a daily basis you trusting him with 450BTC is nothing.

I did a 300BTC deal with John K and I know he has done 1000 BTC deals as well.  Or use Dooglus,  he is holding 50000 BTC of investors coin on Just-Dice.  This is chump change to him.

I understand your position now. I wasn't trying to be argumentative; just curious for my own sake. I'd feel the same as you.

Auction closed.

Hurrah, shill bid wins.

LOL
This thread did highlight that BTC really comes up short in online transactions for large amounts.