You mean invest in OLD hardware.........new hardware will not ROI for at least 1 year,unless BTC price goes up
long post/ rant..you don't like it ....put me on /ignore...(a fine thing to toggle on here imho)
well thru dumb luck i was able to get a 2nd titan 300mh 1st batch all the cubes work full out at 325 setting on adv page
hits like 375mh when in orig 4 cube mode..for $567 usd (no dead dies) or 2.3 btc at the time (march 1st)
the 2nd unit will ROI with electricity at current prices in about the middle of the 4th month...maybe ROI in 4.5 months..even at above price
and I got this unit from a whale/had a traveling job (not like you can leave these fire hazards alone)...I think? he had shut it off for a month while he traveled) for 567 usd
march 1st ..and 269 of that was shipping from Australia and the shipping was INCLUDED in the 567 price ..2.3 BTC at the time. With what he mined up to that point. I assume
he just wanted to get the original coin back he spent on it (neppie conversion to titan) back in Nov 2013 when btc was 1100 usd a coin..and get the titan eyesore out the door
...whatever I grab'd it...hey he offered...
now I am a hated man on here due to the above stroke of luck on a futile search for another such stupendously lucky purchase (ain't gonna happen)
but truth be told for the risk of getting the miner...a 4.5 month turn around...2nd batch titans coming out (god knows how many) that was probably an
ok price ..until you look at the insane prices on ebay
my point is even at the above price it is 4 to 4.5 months to ROI at current prices (on paper I'm holding LTC for now) march 1st i saw a slight risk
so these prices for used equipment of any kind and Titans in particular on Ebay ...from my above scenario are INSANE..beyond insane in fact.....just buy coin.
If you must buy 'used equipment'
my advice is find someone overseas with 31c kwh elec....gone a lot .....it is hot as hell summer...eventually ..hot climate and high priced elec places in the world
will dump their equipment first imho.....but it is all a matter of chance to trip over something that works now used ROI wise..and usually you have to know the
person at least somewhat from skype/TS or something...(he got 1/2 before and other 1/2 when it arrived) hard to line all them ducks up for this to work
and remember before you HATE ME too much...I have an orig $10,131.80 w/ship Titan 300mh (2 dead dies 1 each 2 cubes KNC refuses to RMA because unit got over 300mh ..barely..)
with my biz and equip deductions (hey these last 3 years ...incl end of this year sucked....but it looks in
the bag that I will get the full 25% off equip via the biz)...so now I"m 7.6k in the hole.....on this dubious purchase
so with that I HOPE to mine out of it ...before they all turn to doorstops..my goal is ONLY to lose (with the 2nd titan chiming in the kitty etc) 25% including electricity on my original no roi no refund Titan
yep would be happy with at 25% loss on the orig Titan at this point...and damn lucky to be only that much in the hole when the Titans are shut off someday
lame goal...but hey ..if I manage to get that out of this dubious orig Titan purchase I will take it....
but it comes down imho any deal that works and ROI's less then 1/2 a year is dumb luck ...especially with the fact you could dump any crap old asic on ebay and
get imho 4x what it is worth at worse...and also he offered to sell this too me (a couple cubes to start) at 1/2 the price I paid...i doubled the price for the works
so ..hell maybe it was charity...myself again..I think he holds coin and just wanted the original BTC at 1100 bucks a coin back ...it was worth back from this fiasco
but as to this thread..most of anything you get used will either be by 'luck' like me...or just for 'fun' or I suppose the 3rd choice is you are soooo rich you
can pay big bucks on ebay for your 'toy miner' at ebay prices..
yeah I'm still scratching my head on this as well thou when I look at what people are STILL paying 5 weeks later for equipment on ebay
