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Title: ** Post by: Arvicco on June 01, 2013, 06:30:44 PM **
Title: Re: Selling a working Avalon ASIC miner (NOT a preorder) Post by: 777miller777 on June 01, 2013, 06:47:21 PM I'm not even allowed to PM yet. How much?
Title: Re: Selling a working Avalon ASIC miner (NOT a preorder) Post by: JSMill on June 01, 2013, 06:59:49 PM Just post like 7 more times and you should be able to PM.
Title: Re: Selling a working Avalon ASIC miner (NOT a preorder) Post by: 777miller777 on June 01, 2013, 08:25:03 PM Post #1
Title: Re: Selling a working Avalon ASIC miner (NOT a preorder) Post by: bigdude on June 02, 2013, 05:38:28 PM Title: Re: Selling a working Avalon ASIC miner (NOT a preorder) Post by: simpy on June 03, 2013, 02:31:36 AM i agree on the strong post!
Title: Re: Selling a working Avalon ASIC miner (NOT a preorder) Post by: sabd on June 03, 2013, 02:34:45 AM Dude, you are literally printing money with the the starting bid of 230 BTC. Good luck!
One of the rare opportunities to start ASIC-mining right away with a considerable hashing power: https://bitcointalk.org/index.php?topic=221806.0 I will accept offers by pm if you're not able to post in the auction thread. Title: Re: Selling a working Avalon ASIC miner (NOT a preorder) Post by: fanwen on June 03, 2013, 05:08:01 AM awesome, can post some spec of it ?
Title: Re: Selling a working Avalon ASIC miner (NOT a preorder) Post by: algobait on June 03, 2013, 07:09:08 AM this is a bold way for a newbie to start his/her btc career
Title: Re: Selling a working Avalon ASIC miner (NOT a preorder) Post by: Nik1ab on June 03, 2013, 09:06:49 AM Title: Re: Selling a working Avalon ASIC miner (NOT a preorder) Post by: bitdig on June 03, 2013, 10:06:10 AM damns 250btc, 80 days ROI with current difficulty, making it end of August starting to mine for profit, there will be very short period of time to make good profit, the next 80 days, probably, will make less then half of that sum, as all the asics hit the market (and i'm not talking abut bfl), if 30% of bfl hit the market till September, which is probably not going to happen, 80 days will make about 50btc.... but this still profitable not as it is now tho...
Title: Re: Selling a working Avalon ASIC miner (NOT a preorder) Post by: HorusFTW on June 03, 2013, 10:11:12 AM Worthwhile investment if you could manage to part with the upfront costs. I'd do just about anything to get in on this.
Title: Re: Selling a working Avalon ASIC miner (NOT a preorder) Post by: gijoes on June 03, 2013, 04:04:06 PM Worthwhile investment if you could manage to part with the upfront costs. I'd do just about anything to get in on this. is anyone organizing a group bid for this one? if there is a group bid, please let me know! Title: Re: Selling a working Avalon ASIC miner (NOT a preorder) Post by: pluMmet on June 03, 2013, 07:22:07 PM Will you post winning bid?
Title: Re: Selling a working Avalon ASIC miner (NOT a preorder) Post by: J35st3r on June 04, 2013, 02:43:31 PM damns 250btc, 80 days ROI with current difficulty, making it end of August starting to mine for profit, there will be very short period of time to make good profit, the next 80 days, probably, will make less then half of that sum, as all the asics hit the market (and i'm not talking abut bfl), if 30% of bfl hit the market till September, which is probably not going to happen, 80 days will make about 50btc.... but this still profitable not as it is now tho... ^^^^ ... this. But let's try working backward. 80 days ROI at current difficulty, so 40 days to recover half the cost. Use that to calculate the maximum acceptable rate of difficulty increase (so the other half of the cost is recovered by mining for eternity). 40 days is almost 6 weeks or 3 difficulty increases. Cube root of 2 is 1.26, so as long as the difficulty increase is less than 26% per fortnight, you'll recover your costs. But factor in delivery time, and the exact point in the block difficulty cycle to get an accurate answer, and perhaps you won't make any profit at all. Do your math folks. Title: Re: Selling a working Avalon ASIC miner (NOT a preorder) Post by: Spectrome on June 04, 2013, 02:48:09 PM damns 250btc, 80 days ROI with current difficulty, making it end of August starting to mine for profit, there will be very short period of time to make good profit, the next 80 days, probably, will make less then half of that sum, as all the asics hit the market (and i'm not talking abut bfl), if 30% of bfl hit the market till September, which is probably not going to happen, 80 days will make about 50btc.... but this still profitable not as it is now tho... ^^^^ ... this. But let's try working backward. 80 days ROI at current difficulty, so 40 days to recover half the cost. Use that to calculate the maximum acceptable rate of difficulty increase (so the other half of the cost is recovered by mining for eternity). 40 days is almost 6 weeks or 3 difficulty increases. Cube root of 2 is 1.26, so as long as the difficulty increase is less than 26% per fortnight, you'll recover your costs. But factor in delivery time, and the exact point in the block difficulty cycle to get an accurate answer, and perhaps you won't make any profit at all. Do your math folks. this +1 why selling such a profit maker? Title: Re: Selling a working Avalon ASIC miner (NOT a preorder) Post by: Taihen on June 04, 2013, 02:58:26 PM do you happen to know the approximate shipping dimensions and weight?
Title: Re: Selling a working Avalon ASIC miner (NOT a preorder) Post by: J35st3r on June 04, 2013, 04:59:19 PM 80 days ROI at current difficulty, so 40 days to recover half the cost. Use that to calculate the maximum acceptable rate of difficulty increase (so the other half of the cost is recovered by mining for eternity). 40 days is almost 6 weeks or 3 difficulty increases. Cube root of 2 is 1.26, so as long as the difficulty increase is less than 26% per fortnight, you'll recover your costs. But factor in delivery time, and the exact point in the block difficulty cycle to get an accurate answer, and perhaps you won't make any profit at all. Do your math folks. Why does everyone forgets the RESALE value? What you're saying is that in 80 days this Avalon will have a 0 resale value... sorry, this does not look realistic. Once you add back a resale value to your ROI calculation, it is becoming very hard for difficulty to raise fast enough to leave you with a negative ROI. Everyone should do their own math, of course, but to assume that in a couple of months this unit will be as good as useless is an obvious stretch of imagination. Nice try, but you'll need to find a buyer who's a bit weak on the math too, otherwise you'll only get its value for its remaining mining life, which won't make up the difference between what you paid and the sum of your mining earnings. I've gone over my math with the help of http://coinish.com/calc and I think I've been wildly over-optimistic. 209BTC would be the breakeven price, assuming the rate of change of difficulty remains unchanged. 26% per fortnight would breakeven at 165BTC https://bitcointalk.org/index.php?topic=225285.msg2369876#msg2369876 But kudos on getting such a good sale price 8) Title: Re: Selling a working Avalon ASIC miner (NOT a preorder) Post by: J35st3r on June 04, 2013, 05:11:07 PM J35st3r: Can we keep this discussion to one thread? Cross-posting is tiresome... Yes, good idea, but you started it :P Anyway I think I've said all I want to say about this, I just got a bit of a bee in my bonnet about ASICs the last couple of days, no hard feelings. Have a good one. :) |
