Bitcoin Forum

Bitcoin => Hardware => Topic started by: btc-room101 on June 22, 2021, 08:13:30 AM



Title: cheap bitcoin miner hw from the china crackdown? any deals out there?
Post by: btc-room101 on June 22, 2021, 08:13:30 AM
I get kids asking me here in asia, if anybody is selling, IMHO I say no, because I think they're just moving out of certain regions of china, boxing the equipment and finding a new home,
Trouble in recent years is everybody was mining in one place, where they had cheap coal, the water is real low, so hydro ain't avail anymore cheap

Anybody see anything? So I can tell these kids?

Sure I can go on alibaba.com and there is a ton of 'used crap' like 5+ year old s-12's that do 20th, but generally the stuff is smoked out, and 90% of the time it never ship's and alibaba still gets paid, whether it ships or not, or even if it gets shipped its usually not what was described an  return shipping costs more than it cost to buy in the first place, and then they just deny they ever got it back, virtually impossible to 'correct'


Title: Re: cheap bitcoin miner hw from the china crackdown? any deals out there?
Post by: EdenHazard on July 23, 2021, 02:59:06 PM
I get kids asking me here in asia, if anybody is selling, IMHO I say no, because I think they're just moving out of certain regions of china, boxing the equipment and finding a new home,
Trouble in recent years is everybody was mining in one place, where they had cheap coal, the water is real low, so hydro ain't avail anymore cheap

Anybody see anything? So I can tell these kids?

Sure I can go on alibaba.com and there is a ton of 'used crap' like 5+ year old s-12's that do 20th, but generally the stuff is smoked out, and 90% of the time it never ship's and alibaba still gets paid, whether it ships or not, or even if it gets shipped its usually not what was described an  return shipping costs more than it cost to buy in the first place, and then they just deny they ever got it back, virtually impossible to 'correct'
PM me where do you live so i might help you out to find some deals.
as few days ago i heard someone successfully smuggling tons of GPU here with quite cheap price tag.


Title: Re: cheap bitcoin miner hw from the china crackdown? any deals out there?
Post by: NotFuzzyWarm on July 23, 2021, 03:06:06 PM
...
PM me where do you live so i might help you out to find some deals.
as few days ago i heard someone successfully smuggling tons of GPU here with quite cheap price tag.
^^ Of course smuggling is ILLEGAL so that does not give any confidence in the folks selling them....

Aiding and abetting such operations is not allowed in this Forum so expect mods to probably delete your post. At best since it deals with GPU's it would be moved to the crap altcoin area.


Title: Re: cheap bitcoin miner hw from the china crackdown? any deals out there?
Post by: mikeywith on July 23, 2021, 11:53:55 PM
I get kids asking me here in asia, if anybody is selling, IMHO I say no, because I think they're just moving out of certain regions of china, boxing the equipment and finding a new home,

Why would you say no? the Chinese sell miners every day, it all depends on your expectations, most people falsely believe that the Chinese are rushing to flee with their gears and that the police are after them and thus they would sell their gears for the first buyer they meet, that couldn't be further from the truth.

Mining gear prices did drop compared to say 3 months ago when bitcoin was at 60k and mining was ok in China, but nothing too crazy, S19 pro still trades between 8-9k in China, used S9s are back above $200 (most clean gears will be in the 250-300 dollar range), Used M20s are 3k each, M21s is anywhere between 2 to 2.5k depending on the hashrate, so if your "kids" can pay these prices, they can buy all the gears they want.



Title: Re: cheap bitcoin miner hw from the china crackdown? any deals out there?
Post by: EdenHazard on July 24, 2021, 12:02:40 AM
...
PM me where do you live so i might help you out to find some deals.
as few days ago i heard someone successfully smuggling tons of GPU here with quite cheap price tag.
^^ Of course smuggling is ILLEGAL so that does not give any confidence in the folks selling them....

Aiding and abetting such operations is not allowed in this Forum so expect mods to probably delete your post. At best since it deals with GPU's it would be moved to the crap altcoin area.
well better to speak the truth than have to hiding it eh ?

just to clear things up , i only heard about that but i can follow up the person in contact to get more information and doing the deal in as legal as possible way tho.


Title: Re: cheap bitcoin miner hw from the china crackdown? any deals out there?
Post by: btc-room101 on July 25, 2021, 01:36:23 AM
I get kids asking me here in asia, if anybody is selling, IMHO I say no, because I think they're just moving out of certain regions of china, boxing the equipment and finding a new home,

Why would you say no? the Chinese sell miners every day, it all depends on your expectations, most people falsely believe that the Chinese are rushing to flee with their gears and that the police are after them and thus they would sell their gears for the first buyer they meet, that couldn't be further from the truth.

Mining gear prices did drop compared to say 3 months ago when bitcoin was at 60k and mining was ok in China, but nothing too crazy, S19 pro still trades between 8-9k in China, used S9s are back above $200 (most clean gears will be in the 250-300 dollar range), Used M20s are 3k each, M21s is anywhere between 2 to 2.5k depending on the hashrate, so if your "kids" can pay these prices, they can buy all the gears they want.



I agree, its all FUD, I'm here in ASIA, and I see no deals, on anything, even old S12's are still selling top $$$

BTC miners are the golden-goose, nobody gives it away cheap, u have a golden-goose you take it home and lay golden eggs.