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Title: Possibly buying a used Cointerra, few Q's, owners please chime in. Post by: googlemaster1 on April 06, 2014, 07:30:58 PM Hey, so I met this guy that wants to get rid of his Cointerra. I'm thinking of picking it up. He is selling it for $3800 if I drive out to get it. Seems like a legit deal. I can come straight to his house and watch it work, and take it to my place. Its a couple hours drive, but whatever, could be a fun day trip.
I'm interested in your guys' take on that price, and if you can speculate as to if it would break even, or if you would consider that deal even at all. He says it hashes just under 1.7th/s, like 1690 gh/s. My concern is the high power usage. I have a dedicated 220 outlet to plug into, so I think It'll be a problem. I'm just looking at ROI in terms of BTC, and I'm just really not sure. $3800 seems like an average deal, definitely better than ebay, but i dont give two shits about ebay prices. So guys, what should I do? Do I even bother with it, or should I give him a counter-offer? Do cointerras even still have a warranty? Is there going to be any restitution for the lack of hashrate via a fix or anything for existing customers? All feedback would be greatly apppreciated, thanks! Title: Re: Possibly buying a used Cointerra, few Q's, owners please chime in. Post by: seriouscoin on April 06, 2014, 07:33:21 PM gee thats a good price. you know he bought it at $6k or $10k depends on the batch right?
Title: Re: Possibly buying a used Cointerra, few Q's, owners please chime in. Post by: googlemaster1 on April 07, 2014, 12:29:18 AM Yeah, but I don't know. I just don't see ROI with Bitcoin at this price. I think i'm just better off buying BTC. I bought an S2 for 5.5BTC, and the only reason I did that is because I bought 10 BTC at $430 a week earlier, so I felt like this would be a good way to spend it.
I would like to add diversity to my arsenal, and grow it ever so slightly, and this is a good deal, sure, but even still, would 8 BTC be worth 1.7TH/S? Hmmmmm.... I kind of want to do it, aside from the couple hour drive it sounds good, but these difficulty increases are destroying me :( Title: Re: Possibly buying a used Cointerra, few Q's, owners please chime in. Post by: xstr8guy on April 07, 2014, 12:50:51 AM That's a great price. I'd buy it! ROI, schmROI... if you have mining in your blood you wouldn't pass up that deal, lol. But if it's your last dime, think twice.
Title: Re: Possibly buying a used Cointerra, few Q's, owners please chime in. Post by: seriouscoin on April 07, 2014, 01:03:55 AM Yeah, but I don't know. I just don't see ROI with Bitcoin at this price. I think i'm just better off buying BTC. I bought an S2 for 5.5BTC, and the only reason I did that is because I bought 10 BTC at $430 a week earlier, so I felt like this would be a good way to spend it. I would like to add diversity to my arsenal, and grow it ever so slightly, and this is a good deal, sure, but even still, would 8 BTC be worth 1.7TH/S? Hmmmmm.... I kind of want to do it, aside from the couple hour drive it sounds good, but these difficulty increases are destroying me :( Then buy BTC. You know BTC is at great price right now. Title: Re: Possibly buying a used Cointerra, few Q's, owners please chime in. Post by: aerobatic on April 07, 2014, 02:59:40 AM Hey, so I met this guy that wants to get rid of his Cointerra. I'm thinking of picking it up. He is selling it for $3800 if I drive out to get it. Seems like a legit deal. I can come straight to his house and watch it work, and take it to my place. Its a couple hours drive, but whatever, could be a fun day trip. I'm interested in your guys' take on that price, and if you can speculate as to if it would break even, or if you would consider that deal even at all. He says it hashes just under 1.7th/s, like 1690 gh/s. My concern is the high power usage. I have a dedicated 220 outlet to plug into, so I think It'll be a problem. I'm just looking at ROI in terms of BTC, and I'm just really not sure. $3800 seems like an average deal, definitely better than ebay, but i dont give two shits about ebay prices. So guys, what should I do? Do I even bother with it, or should I give him a counter-offer? Do cointerras even still have a warranty? Is there going to be any restitution for the lack of hashrate via a fix or anything for existing customers? All feedback would be greatly apppreciated, thanks! seems like a pretty good deal. theyre still retailing for $6000. i paid more than that for some bought off a forum member in jan batch, in addition to the ones i bought directly from cointerra. the jan, feb and march batches (and soon to be april) will all be that performance. its possible the may batch will be 2 th/s... there wont be any restitution other than a discount voucher off the next order for those that got the earlier batches running at 1.6-1.7th/s, but i doubt thats a transferable voucher. |