[2015-03-05] MegaBigPower announces buyback of Bitcoin Mining hardware

[LiteCoinGuy]

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.

[unamis76]

They are smart indeed. They probably have extremely cheap power... Mega profit for them, and profit for those who haven't got any ROI

[kd7tqn]

it looks like they are located in Wenatchee, WA. Which the power rates out there are as low as .02 cents a kilowatt hour.

[Bit_Happy]

"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?