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Author Topic: [WTS] Genesis Mining Account - 0.6 TH/s [SOLD]  (Read 1021 times)
MaximeAD (OP)
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May 12, 2015, 05:02:07 PM
Last edit: May 12, 2015, 07:24:10 PM by MaximeAD
 #1

Hey,

I would like to sell my Genesis account.
* Hashrate: 0.6 TH /s
* Daily fee: 0.02 USD / 10 GHS

It would cost 312 to buy this amount of power directly on Genesis. I'd like to sell this at a 30% discount : 220 USD

Escrow is recommended. I pay if we go with Tomatocage.

Screenshot : http://www.imageno.com/image.php?id=2e9o1rsvgkqb&kk=3880405475

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98problems
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May 12, 2015, 06:25:39 PM
 #2

wait i think i miss something. so you would pay 600/10*0.2*30=360 dollars on fees while according to this calculator: https://alloscomp.com/bitcoin/calculator you would earn only 50 dollars a month? either im wrong or its a bad deal

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May 12, 2015, 06:41:49 PM
 #3

correct me please if I'm wrong.

0.6TH = 600GH

you are paying 0.2$ per 10GH/s so 60*0.2=12$ per day?

because base on calculator posted above, it is generating just ~1.55$ per day so you are daily loosing more then 10$ right? and you want to sell it?
MaximeAD (OP)
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May 12, 2015, 06:56:21 PM
 #4

wait i think i miss something. so you would pay 600/10*0.2*30=360 dollars on fees while according to this calculator: https://alloscomp.com/bitcoin/calculator you would earn only 50 dollars a month? either im wrong or its a bad deal

it is generating just ~1.55$ per day so you are daily loosing more then 10$ right? and you want to sell it?

Ooops. Sorry, it is 0.02 USD / 10 GH / day. 1.20 USD. It's not losing money, It does about 50 cents / day with current price of BTC + difficulty.

Example of the payouts http://postimg.org/image/5e49uuwv1/

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vendetahome
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May 12, 2015, 07:07:57 PM
 #5

maybe you know an estimated time how much time after the mining account for buyer would make a return of investment? i think it should take really long
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May 12, 2015, 07:09:46 PM
 #6

it is not about payouts, point is that at current prices it is generating ~0.3$ per day..I just realized how this bitcoin low price impacted all those cloud mining services with maintenance fee:(( hope you will find somebody willing to risk and wait years for ROI..
MaximeAD (OP)
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May 12, 2015, 07:13:45 PM
 #7

It generates a little more than 0.50 USD / day. So it would take at today's price 400 days to get the return.

I may not sell it, but I assume that some people are willing to pay the advertised price on the website. If they stumble on this post, they can have a 30% discount on the price.

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MRKLYE
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May 12, 2015, 07:15:31 PM
 #8

wait i think i miss something. so you would pay 600/10*0.2*30=360 dollars on fees while according to this calculator: https://alloscomp.com/bitcoin/calculator you would earn only 50 dollars a month? either im wrong or its a bad deal

it is generating just ~1.55$ per day so you are daily loosing more then 10$ right? and you want to sell it?

Ooops. Sorry, it is 0.02 USD / 10 GH / day. 1.20 USD. It's not losing money, It does about 50 cents / day with current price of BTC + difficulty.

Example of the payouts http://postimg.org/image/5e49uuwv1/

So you are going to sit here and tell me with a straight face that you want to sell an account for $220 that has a 50 cent a day diminishing return?

I'll have what you are smoking please sir.. as no way in hell you are sober when you actually thought that was an acceptable price.
I'd be willing to bet that you won't find a sucker on these boards stupid enough to pay you for your obvious fail investment.


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MaximeAD (OP)
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May 12, 2015, 07:24:32 PM
 #9

A sale was made.

Thank you all.

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iram91445
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May 12, 2015, 07:26:11 PM
 #10

A sale was made.

Thank you all.
happy that you found a buyer. for what price did he buy it? just curious because it doesnt seem that it an bring people easy profit

MaximeAD (OP)
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May 12, 2015, 07:29:40 PM
 #11

160 USD.

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iram91445
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May 12, 2015, 07:39:11 PM
 #12

160 USD.
i see that the price was lowered really much however it will still be really hard for buyer to make roi as earnings are really small and difficulty increases over time

MaximeAD (OP)
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May 12, 2015, 07:46:46 PM
 #13

Maybe he'll explain here.

But this is a fair deal for both. I wanted money, he gets an investment with a payback period of (All thing being equals) of less than one year (Which is good in the normal world).

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iram91445
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May 12, 2015, 07:52:37 PM
 #14

Maybe he'll explain here.

But this is a fair deal for both. I wanted money, he gets an investment with a payback period of (All thing being equals) of less than one year (Which is good in the normal world).
maybe you can contact and ask him why he bought it? it would be interesting to here his opinion, or he could just pm me if he reads it

MaximeAD (OP)
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May 12, 2015, 07:58:05 PM
 #15

I'll send him a message to check out the thread. It'll be up to him to contact you.

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