Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: DebitMe on December 06, 2013, 09:23:22 PM



Title: Need Advice to Sell Equipment or Keep
Post by: DebitMe on December 06, 2013, 09:23:22 PM
I was offered 10.5K USD for...

2 BFL 60 GH/s
1 BFL 50 GH/s
1 BFL 30 GH/s
1 BFL  5 GH/s
Total 205 GH/s

I am wondering if you would take this deal and be happy?  I am thinking about taking it and buying some Prospero's from Black Arrow.

Any advice?


Title: Re: Need Advice to Sell Equipment or Keep
Post by: smithytzu on December 07, 2013, 12:36:52 AM
I'm a bit too lazy to do the numbers off the top of my head but in theory it should be worth it IF Black Arrow deliver on time, if you buy 4TH (2 Prospero X-3) and the opportunity cost of not mining for potentially 3-4 months, taking into account the best guess difficulty rise in March/April, you should still come out on top.

My gut says you will come on on top quite nicely, it's clear the bitcoin price isn't going to be where people expected it to be in March now so that'll affect demand for the next gen stuff and thus affect bitcoin difficulty.






Title: Re: Need Advice to Sell Equipment or Keep
Post by: cowandtea on December 07, 2013, 01:07:12 PM
I was offered 10.5K USD for...

2 BFL 60 GH/s
1 BFL 50 GH/s
1 BFL 30 GH/s
1 BFL  5 GH/s
Total 205 GH/s

I am wondering if you would take this deal and be happy?  I am thinking about taking it and buying some Prospero's from Black Arrow.

Any advice?

Buying from black arrow is a better deal, you can get few TH/s


Title: Re: Need Advice to Sell Equipment or Keep
Post by: BitcoinDenvini on December 07, 2013, 09:17:03 PM
For that price sell it.


Title: Re: Need Advice to Sell Equipment or Keep
Post by: jamesc760 on December 08, 2013, 05:51:49 PM
Hell yeah, SELL it to the poor sucker NOW, before he grows a brain!


Title: Re: Need Advice to Sell Equipment or Keep
Post by: jayeeyee on December 09, 2013, 09:21:05 AM
I would hold out.  Until BFL runs out of current stock on their singles.. then it'll drive the price up provided BFL sells out before the TH gets released into the market.  Even then, I'm assuming re-sale value for singles could still be profitable provided there are dummies that exist in this world.


Title: Re: Need Advice to Sell Equipment or Keep
Post by: crocko on December 09, 2013, 11:07:42 AM
Invest in coins instead of mining -> safe and more profit.
Don't worry, the BTC price will raise again and all the coins will have much more value.  ;)


Title: Re: Need Advice to Sell Equipment or Keep
Post by: BitcoinDenvini on December 09, 2013, 01:38:22 PM
Sell these and buy LTC rigs for altcoin mining.


Title: Re: Need Advice to Sell Equipment or Keep
Post by: Klubknuckle on December 09, 2013, 03:04:48 PM
Don't take the deal, buy bitcoin instead...


Title: Re: Need Advice to Sell Equipment or Keep
Post by: Xer0 on December 10, 2013, 01:10:39 AM
are you getting the 10.5k or going to spend it?

latter: no, overpriced
former: do it and get 2 AntMiner S1 and eventually pile up for a 3rd -> yields 400 or 600 GH/s
also you could try to get a used Jupiter with 550 Gigs for your 10k


Title: Re: Need Advice to Sell Equipment or Keep
Post by: Gologuzan on December 11, 2013, 07:34:13 AM
best idea

DONATE that equip to me so i play a   little.



Title: Re: Need Advice to Sell Equipment or Keep
Post by: DebitMe on December 11, 2013, 03:03:14 PM
I decided to sell, I was given 10.2K for everything.  I think I will buy some X-1's from Black Arrow now.


Title: Re: Need Advice to Sell Equipment or Keep
Post by: ceyre on December 24, 2013, 04:30:09 AM
I think right now, the only option is to hold mining gear. 


Title: Re: Need Advice to Sell Equipment or Keep
Post by: squall1066 on December 24, 2013, 12:19:52 PM
I think right now, the only option is to hold mining gear. 

Says the person selling some equipment  ;D


Title: Re: Need Advice to Sell Equipment or Keep
Post by: slk_wow on December 24, 2013, 04:35:14 PM
What is the price ?


Title: Re: Need Advice to Sell Equipment or Keep
Post by: EvilPanda on December 24, 2013, 04:46:11 PM
I would sell. Over time you're much better investing in currency than mining.


Title: Re: Need Advice to Sell Equipment or Keep
Post by: ceyre on December 24, 2013, 11:14:57 PM
I think right now, the only option is to hold mining gear. 

Says the person selling some equipment  ;D

To be fair to me, I was wanting to sell but once I saw what the demand was for equipment these days, it's a no-brainer to hold on.
I would have liked to have sold some of my gear, but there's just not enough of a market for it right now.
1 month ago, huge demand for items like Jupiters.
Now... you're lucky to get 13 BTC.  Pretty crazy.

I still hold that the network hash begins to stabilize in the coming Q12014.