Bitcoin Forum

I have an opportunity to purchase two KNC Jupiters, basically brand new for $8k each. Do you think the Jupiter is still profitable right now and for the next two months or so?

Yeah I think so to be honest. You can crunch some numbers here http://mining.thegenesisblock.com/

Personally I think when it comes to mining though you should consider really just how many bitcoin you'll make ultimately as time goes on there's always going to be a rise in prices.

$8,000 each is a bit crazy though, I'd try and haggle that down as they're not really worth anywhere near that much as hardware goes, it's purely a crazy price being of how much Bitcoin has increased recently.

 We should group buy those just to be safe

8k is the cheapest I could find them going for In Hand, but seems worth it until newer miners come out in Feb/March. As far as group buys go, Im sorta new to the forums and don't really understand how to orchestrate a group by lol.

Honestly, my thoughts are the best way to go in the bitcoin mining race is always look at future generations and move forward, you just have to guess which are the best preorders to go for company wise. but each to there own I guess.

2 knc miners will earn about .8 coins a day for the next  11 days.  that is 8.8 coins.

 a coin sells for 1156 usd on coinbase 8.8 x 1156 = 10172 


 even if the next jump is 30%  and diff moves from 710 mill to 923 mill  2  machines would earn .59 coins a day for 11 days  that is 6.49 so in 22 days you would have 15.29 coins at 1152 usd each  or 17,614.

have you seen what these go for on eBay or even here on bitcointalk?
even if you think they're not going to be profitable mining, they're sure going to be profitable to resell.

if you don't want them I'll have them for 8K each.

yeah he could sell one for 20k on ebay  which would mean the other one cost -4000 well -3000  after fees.

 frankly I doubt the price as it approaches the too good to be true concept.  

to me any seller that understood enough to buy one at 7k  months ago.  would know that a private sale for BTC only. should get 10btc or 10-11k  not 8btc or 8.8k.   ebay is selling them over 20k.  and with careful writing of your ad on ebay you can get payment in btc. not paypal. 

To be clear  I believe the op that he got the offer.  I just am not sure that the person that gave the offer to the op is trustworthy based on the low price.

that's right sounds to good to be true., either pickup in person and check out under the cover to make sure 4 ASIC boards & controller boards are there, and better still test them.

or use escrow if not picking it up.  JohnK is trusted escrow here on bitcointalk. the fee would be money well spent.

Thanks for the input. Yeah I will be picking them up in person. If they can get a little over 16btc this first month Ill be happy, and yeah I see the resale is crazy high on ebay.