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Hello, I am selling my Bitcoin miners and hoping to invest the money into the actual coins instead. I have had them for a few months now and its been a good experience in which time i have learned alot about Bitcoin and the whole mining process in general. However the noise of all 5 running in my house has got my wife to the breaking point so i will be selling all of my hardware as soon as possible. There are 5 Machines and they are all Cointerra TerraMiner IV and the average hash rate per machine is between 1.4TH/1.6TH. They are all 3 months old and still have around 9 months of the Cointerra warranty left on them. All of the machines are in a very good condition having been kept in an Air-Conditioned room specially adapted for them and are in perfect working order. I also have some upgraded PSU's and other bits and bobs related to the miners that i will be throwing in for the new buyer. If you would like to know anything else or have any questions please send me an email James jamessco1@outlook.com
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I have my miners in an air conditioned room and its kept really cold at all times. Keep em cool and keep em running.
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This is what minings all about, Inevitably the difficulty will rise. The only way to combat this is to get more hashing power.
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Very nice setup indeed. I always say that if you are going to do something then do it properly. You sir have done that! well done
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Its always been my ideal money, I look forward to when we can use bitcoins everywhere.
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Cant beat good old fashioned paper wallets!
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I'm an optimist also but $1 billion? Lol i dont think so.
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Filled it in for you, Good luck with it
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I think they like to keep your money aslong as possible to finance there own ends. I got quite a few terraminers when they were first announced and now people can get them for nealy half the price an have them not long after ive received mine.
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Hi,
I was wondering when you buy a miner from Bitmain is china does the custom charge duties on it?
Normaly when sending a package from foreign countries there has to be a invoice on the outside showing the value of the product. But when you pay in bitcoins and the value on the invoice is in bitcoins they should not be legally entitled to raise tax on it because bitcoin is not an official currency in most countries. People who previous ordered miners and paid them in bitcoins, how did this work out??
I live in the Netherlands.
The Taxman will always require his share, That was a nice surprise for me when i spent 30k on miners the first time around and then got hit with a %20 import tax that i wasnt aware of. Not cool
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You can never have to many GH's, I'm running about 6TH and looking for more
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I dont think the US military thinks a lot of things through
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They must be making a fair bit of money
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http://nypost.com/2014/03/05/bitcoin-firm-ceo-found-dead-in-suspected-suicide/ It appears bitcoin’s recent turmoil has claimed its first life.
Autumn Ratke a 28-year-old American CEO of bitcoin exchange firm First Meta was found dead in her Singapore apartment on Feb. 28.
Local media are calling it a suicide, but Singapore officials are waiting for toxicology test results. Ratke formerly worked with Apple and other Silicon Valley tech firms on developing digital payment systems.
Ratke’s death brings the number of questionable financial sector deaths this year to eight. On Feb. 18 a 33-year-old JPMorgan finance pro leaped to his death the roof of the JPMorgan’s 30-story Hong Kong office tower. Modal Trigger
Photo: Facebook
Li Junjie’s suicide marked the third mysterious death of a JPMorgan banker. So far, there is no other known link between any of the deaths.
Gabriel Magee, 39, a vice president with the JPMorgan’s corporate and investment bank technology arm in the UK, also jumped to his death from the roof of the bank’s 33-story Canary Wharf tower in London on Jan. 28.
On Feb. 3, Ryan Henry Crane, 37, a JPM executive director who worked in New York, was found dead inside his Stamford, Conn., home.
A cause of death in Crane’s case has not be determined until a toxicology report is complete, according to a spokesperson for the Stamford detectives division.
The report is expected within two weeks.
Two other bankers have also taken their lives outside of JPMorgan.
On Jan. 31, Mike Dueker — the chief economist at Russell Investments and former Federal Reserve bank economist — was found dead at the side of a road that leads to the Tacoma Narrows Bridge in Washington state, according to the Pierce County Sheriff’s Department. He was 50.
On Jan. 26, William Broeksmit, 58, a former senior risk manager at Deutsche Bank, was found hanging in a house in South Kensington, according to London police. Say... 'Theres Been a Murdah' in a Scottish accent and you will know the truth.
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There's no party like a Bitcoin Party
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Hi,
Today I had an interesting chat with an Agent from Amazon. I was trying to clear a different issue, when I ask him whether there plans to integrate Bitcoin as a payment possibility. He told me that the subject has been discussed internally, but as long as the customers not ask for it they wont implement it.
So, I asked for it now, what about you?
Regards
Jupppo
A friend of mine did this a few months back, I have also followed suit and received a reply. Unfortunately Amazon cant see the future aswell as many of us
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Yeah so technically you havent found a block. The pool has and you would of likely not found the same block solo. It was a team effort I'm afraid.
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Hi. I need some experienced mining folks to give me some feedback. I work for one of the largest residential solar installers in Arizona and we are also in California. Our cash payment customers are getting their electricity between $0.04 and $0.06/kWh. There's been a trend in solar to "oversize" systems by 20-30%. By this i mean, if a customer is using 10,000 kWh/yr they may purchase a system that's generating between 12,000 and 13,000 kWh/yr. Personally, I don't like to oversize systems because the "extra" electricity is sold back to the utility company at the end of the year at "wholesale" rates (read: less than what they are paying for the electricity). It occurred to me that bitcoin mining may be a great way to go for some of these homeowners. For example: Over the course of a year the PV system overproduces 2,000 kWh of electricity. As opposed to selling that electricity back to the utility company at say $0.04/kWh it may be better to drop off a "bit coin rig" at the customers house that's capable of using up the extra 2,000 kWh in the course of say a week.
Questions: Is it feasible to install a rig of that size at someones home? How many coins would it likely mint? From your experience mining bitcoins would profit sharing with the home owner be preferable to say $0.07/ kWh? Considering hardware costs, is this even a worthwhile endeavor?
Cheap clean free energy is the only way to go in the future for mining purposes. The power requirements today are rediculous.
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Well i for one would love a reliable trustworthy hardware wallet.
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This will definately be useful , Thank you for the contribution
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