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Bitcoin => Press => Topic started by: LiteCoinGuy on March 05, 2015, 05:44:25 PM



Title: [2015-03-05] MegaBigPower announces buyback of Bitcoin Mining hardware
Post by: LiteCoinGuy on March 05, 2015, 05:44:25 PM
MegaBigPower announces buyback of Bitcoin Mining hardware

The US-based Bitcoin mining giant MegaBigPower has announced on its official website (www.megabigpower.com) that it will launch a buyback program where unprofitable Bitcoin miners can sell their hardware. The company plans to boost its mining power by as much as 10 megawatts by buying pre-owned ASICs.

http://www.newsbtc.com/2015/03/05/megabigpower-buy-asics-failing-bitcoin-miners/


interesting offer.


Title: Re: [2015-03-05] MegaBigPower announces buyback of Bitcoin Mining hardware
Post by: unamis76 on March 05, 2015, 06:18:00 PM
They are smart indeed. They probably have extremely cheap power... Mega profit for them, and profit for those who haven't got any ROI :)


Title: Re: [2015-03-05] MegaBigPower announces buyback of Bitcoin Mining hardware
Post by: kd7tqn on March 06, 2015, 10:35:42 AM
it looks like they are located in Wenatchee, WA. Which the power rates out there are as low as .02 cents a kilowatt hour.


Title: Re: [2015-03-05] MegaBigPower announces buyback of Bitcoin Mining hardware
Post by: Bit_Happy on March 06, 2015, 09:20:10 PM
"I’m hoping this program will keep enthusiasts and investors involved with Bitcoin on a positive note and not leave them feeling burned,” said Carlson
^^^Sounds like a decent, mutually beneficial offer. How many of those miners will wish they were back in the game when Bitcoin has a huge rally?