[WTS] 4 Pinidea X11 ASIC Miners - Price drop

[echofilter]

Hello marketplace!

I have several x11 ASIC miners for sale (used, not new).

Yes they exist. I have completed a transaction with a member here already (buckrogers) and another completed escrow for us - ManeBjorn. He would also likely be willing to do escrow for buyers, or we can find another agent.
Buying these new cost ~7 BTC (around $500/BTC though)

4 miners
Pinidea DR-1 X11 ASIC
500Mhash
320W
Power supply required (will be included if all 3 or 4 are bought together. Will also include raspberry pi currently serving as mining controller)
Price: Asking 3 2 BTC shipped CONUS apiece. Local pickup also available (Southern California - willing to drive a reasonable distance or meet in between)

Units are working perfectly within advertised hashrate.

PM with questions, requests. Thank you!

Prices may vary as directly quoted due to massive BTC price changes, but price at posting was $636.

[echofilter]

Bump! And here's a pic for proof.

https://dl2.pushbulletusercontent.com/BJtvclXt2m9vAFbZCGhsyQNNt29soy42/20160523_033053.jpg

[echofilter]

Bump -

Friend has lowered price to 3 BTC and also has an IbeLink (380Mhash) miner for sale under the same pretenses. 2 BTC for that.

Thank you for your interest

[echofilter]

As per current zpool rates these are making a combined 0.0416 BTC/day which calculates (Current $648/BTC) to $27 a day, or $811 monthly, minus power costs, for about $200 a miner per month.

If only SHA-256 miners were this awesome.

For those curious as to why I am selling - I would like more liquidity available in my trading accounts with Bitcoin volatility back right now. Honestly I would probably buy miners again once we settle down. I am quite happy with the profit they are providing me.

[adaseb]

As per current zpool rates these are making a combined 0.0416 BTC/day which calculates (Current $648/BTC) to $27 a day, or $811 monthly, minus power costs, for about $200 a miner per month.

If only SHA-256 miners were this awesome.

For those curious as to why I am selling - I would like more liquidity available in my trading accounts with Bitcoin volatility back right now. Honestly I would probably buy miners again once we settle down. I am quite happy with the profit they are providing me.

How many are you selling exactly? Its a little confusing adding up everything you are selling.

If it makes 0.0416BTC/Day you are selling about 2GH/s worth ? So 4 of these miners?

[echofilter]

Apologies. I tried to keep it as simple as possible.

I have a TOTAL of 5 Pinidea available. 3.5 BTC apiece, shipped

3 are currently running.
1 is shipping to China to be repaired.
1 is from my friend of which I am selling on his behalf.

I have 1 IbeLink miner available
It is from the same friend as above. He is asking 2 BTC shipped for this miner.

Post updated for clarification

[HagssFIN]

For that price, ROI seems terrible

[adaseb]

So 3.5 BTC for 500MH/s ?

[echofilter]

ROI is faster than you would see scrypt, sha-256, etc, mining, where you are looking at about 1275 Watts PER antminer.

Basically 1 antminer s9 takes as much power as 4 of these, to make the same profit as 1 of them (not even taking power costs into consideration) and they cost less than Antminer s9s.

I understand if you feel the ROI is insufficient for your liking.

You have the added advantage of people able to push a large amount of hash onto new X11 coins which are largely more profitable than other ASIC-available algos currently.

People who are familiar with mining profitability know these are still far and above other returns of most if not all asic units.

So 3.5 BTC for 500MH/s ?

That is correct

THAT BEING SAID - Prices may be negotiable: PM me.

[echofilter]

Post updated for clarification, price drop!

[echofilter]

I understand these are not a purchase to make lightly, especially if buying all of them.

I will not wipe my pi so you have an easier time setting up and am happy to help with any questions. Shoot, if you're in SoCal I'll even come make sure it's all working for you

Buckrogers purchased an iBeLink miner from me and I guided him through getting it running himself.

[MarkAz]

Just so I'm clear, you're asking 3BTC (right now $2100) for a machine that runs at 500MH for X11, which right now yields ~$223/month?  So about a year ROI with power included?  Just not seeing how this ROI compares to an R9...

[adaseb]

Just so I'm clear, you're asking 3BTC (right now $2100) for a machine that runs at 500MH for X11, which right now yields ~$223/month?  So about a year ROI with power included?  Just not seeing how this ROI compares to an R9...

Yeah most of the ads I've seen have prices like this pretty much. Reason why its so high is because its what the original retail price was when they came out a few months ago,

I would be interested also but not at 1 year ROI.

[echofilter]

Just so I'm clear, you're asking 3BTC (right now $2100) for a machine that runs at 500MH for X11, which right now yields ~$223/month?  So about a year ROI with power included?  Just not seeing how this ROI compares to an R9...

Yeah most of the ads I've seen have prices like this pretty much. Reason why its so high is because its what the original retail price was when they came out a few months ago,

I would be interested also but not at 1 year ROI.

Correct. If buying as a set there are several perks to make the deal more appealing. I'm also willing to work with pricing if units are bought in bulk due to shipping savings. As stated several times, just PM me for negotiations along those lines! If you are interested, talk to me about a ROI you find palatable we may be able to work something out.

FWIW X11 multipool mining ROI may be around a year, but you have the benefit of mining X11 coins. I just sold GB (Goldblocks) I mined with this coin for about x5 what mining would have returned me in the same amount of days, making ROI closer to ~2 months.

Not saying all performance will be the same, but wuher's IPOMiner is an excellent resource for these units.

Keep the questions coming guys. I am not trying to screw anyone out of your BTC. I believe these are still a good value, returning a faster ROI than SHA-256 or scrypt miners and I am happy to allay what concerns I can.

[DaveF]

How loud are these?
At 320w I of power I would think that the heat dissipation would not need to move that much air to keep it cool.
But there is what I think and what reality is.....
-Dave

[echofilter]

They aren't extremely loud. You could probably watch TV (turned up a bit) in the same room as them. You can't hear them behind a closed door.

The ventilation fan I have running (62dB) is louder than they are

[echofilter]

Profitability rising nicely again. 0.032 BTC/GH/Day @ 650 BTC means about $50/day, not counting power costs
Used them to become a whale on Synx. I own a decent share of the supply (Between 1-5%. Not trying to disclose exact amounts)
Related to that - if anyone IS looking to buy some Synx OTC you can contact me for that as well

Still available. They are incredibly solid. Hashrate consistent over the months I've had them with little to no downtime and with said downtime only being because of issues with my Pi or power, not the miners.

[echofilter]

Getting a few questions whether these are still available. Yes they are

[echofilter]

Bump - 1 sold, 2 in the process but buyer may have gone MIA

[echofilter]

Buyer has gone missing for 2 of them. 1 sold, 4 remaining.

All continue to work perfectly, profitability is fairly stable for x11 right now, had a nice spike to 0.05/btc/gh/day for a bit due to the DASH run