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Author Topic: FOR SALE - BTC MINING FARM - 30 S7s Hosted and In Location. $13,500.00  (Read 1954 times)
AriesIV10 (OP)
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July 01, 2016, 11:54:29 AM
Last edit: July 05, 2016, 04:19:26 PM by AriesIV10
 #1

FOR SALE - BTC MINING FARM - Already Hosted and In Location.   $17,000.00

30 Hosted Miners (no shipping costs, no waiting, full control and profit immediately)

Approximately 141 TH/s

There are 30 Bitmain Antminer S7's and 14 Bitmain PSUs(Power Supplies) for sale.  They are being hosted in Washington State which has the best electric rates in the US.  You can take full control of the miners and start earning profits immediately.  This will avoid shipping, installation and purchasing component parts.  You can be anywhere in the world and control this farm.  Ownership and Control of 30 miners and 14 PSUs are included in this auction.  I have 14 PSUs for 14 of the miners and rent 16 PSUs for $5 per month for the other 16 miners.

I pay $80/mo per miner(30) and rent PSUS for $5/mo per miner(16).  You will have full control of the miners through the user interface.  This sale is for 30 S7 miners, 14 Bitmain PSUs and take over control of all of them in location.  This is a turnkey sale.

Please ask questions if you are serious about this Bitcoin Mining Farm.

There is no shipping; THIS SALE IS IN LOCATION ONLY with this Hosting Agency.  No shipping costs, no waiting, full control and profit immediately.  

MAKE AN OFFER!

BTC Address (Donations):  3LepZAju88ZRuNVD4cS6Xv5hKyKrjvirkB     Website:  www.MintMining.com
Email: Mining@MintMining.com      Power Supplies: https://bit.ly/2TtvdOR
BadAss.Sx
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July 01, 2016, 11:57:06 AM
 #2

You can only make profit after you get your money back from this sales. My guess is that there won't be any profit at all after halving.
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July 01, 2016, 05:23:36 PM
 #3

If there is a LOT of room for negotiations, I'm interested. Your price is easy higher than new prices though.

Go Big or Go Home.
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July 01, 2016, 05:46:25 PM
 #4

Do you own the miners?  Can I get them shipped?  I have bought plenty of them from Oregonmines already and had them shipped to me in Texas.


I will offer $6750 for the 30 S7's and I will take care of shipping.  Paying in BTC escrow with OGNasty.

AriesIV10 (OP)
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July 01, 2016, 08:09:35 PM
 #5

Do you own the miners?  Can I get them shipped?  I have bought plenty of them from Oregonmines already and had them shipped to me in Texas.


I will offer $6750 for the 30 S7's and I will take care of shipping.  Paying in BTC escrow with OGNasty.



I do own the miners, but cannot ship them.  My contract with the Host Company goes through December.  They buyer will have to sign a new contract.  $6750 would be WAY too low!  I appreciate the time in making the offer.

BTC Address (Donations):  3LepZAju88ZRuNVD4cS6Xv5hKyKrjvirkB     Website:  www.MintMining.com
Email: Mining@MintMining.com      Power Supplies: https://bit.ly/2TtvdOR
AriesIV10 (OP)
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July 01, 2016, 08:19:49 PM
Last edit: July 04, 2016, 11:17:53 AM by AriesIV10
 #6

You can only make profit after you get your money back from this sales. My guess is that there won't be any profit at all after halving.

I am not in a hurry to sell them.  After Halving there is still plenty of profit.  Just look at the numbers right now:  I am making about $9.50 per day per miner = 9.50 x 30 = $285 per month per miner - $80 collocation and maintenance fee = $205 profit per month per miner.   Total for 30 miners is $6150.00 per month!   

Not too bad.  If there is no increase in BTC, after halving this will be $3075 per month.  That would be a $36,900 per year profit!

Before Halving:
Monthly Gross = $8,550.   Annual Gross = $102,600
Monthly Net    = $6,150.   Annual Net = $73,800

After Halving:
Monthly Gross = $4,275.   Annual Gross = $51,300
Monthly Net    = $1,875.   Annual Net = $22,500

You should not "guess" when it comes to your income.

BTC Address (Donations):  3LepZAju88ZRuNVD4cS6Xv5hKyKrjvirkB     Website:  www.MintMining.com
Email: Mining@MintMining.com      Power Supplies: https://bit.ly/2TtvdOR
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July 01, 2016, 08:38:08 PM
 #7

You can only make profit after you get your money back from this sales. My guess is that there won't be any profit at all after halving.

I am not in a hurry to sell them.  After Halving there is still plenty of profit.  Just look at the numbers right now:  I am making about $9.50 per day per miner = 9.50 x 30 = $285 per month per miner - $80 collocation and maintenance fee = $205 profit per month per miner.   Total for 30 miners is $6150.00 per month!  

Not too bad.  If there is no increase in BTC, after halving this will be $3075 per month.  That would be a $36,900 per year profit!

Before Halving:
Monthly Gross = $8,550.   Annual Gross = $102,600
Monthly Net    = $6,150.   Annual Net = $73,800

After Halving:
Monthly Gross = $4,275.   Annual Gross = $51,300
Monthly Net    = $3,075.   Annual Net = $36,900

You should not "guess" when it comes to your income.

I thought you were paying $80 per miner plus $80 for the PSU's.  Wouldn't that be $2480 for costs?

Your costs don't halve after the halving.

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July 01, 2016, 10:12:12 PM
 #8

I thought you were paying $80 per miner plus $80 for the PSU's.  Wouldn't that be $2480 for costs?

Your costs don't halve after the halving.

The difference between his pre-halving gross and net is $2400, so pretty much what you thought... And you're 100% right about his costs not halving, so really it would be more like:

After Halving:
Monthly Gross = $4,275.   Annual Gross = $51,300
Monthly Net    = $1,875.   Annual Net = $22,500

And this doesn't take into consideration that the difficulty has been increasing by about 10% each month (so just subtract 10% from gross):

Net: $1875, $1447, $1062, $716, $404, $124, -$128

So after 6 months, you'll probably be negative mining - of course this assumes that difficulty keeps rising at a constant 10%, and the value of bitcoin basically doesn't increase at all from what it is today.  While I believe that the difficulty is probably a good estimate, I'm also a believer that the value of BTC will increase over time.

So 6 months it would net ~$5628, pretty close to the $6750 you've offered, so I imagine you used similar math to come up with that price.
AriesIV10 (OP)
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July 02, 2016, 02:26:48 AM
Last edit: July 02, 2016, 02:57:49 AM by AriesIV10
 #9

You can only make profit after you get your money back from this sales. My guess is that there won't be any profit at all after halving.

I am not in a hurry to sell them.  After Halving there is still plenty of profit.  Just look at the numbers right now:  I am making about $9.50 per day per miner = 9.50 x 30 = $285 per month per miner - $80 collocation and maintenance fee = $205 profit per month per miner.   Total for 30 miners is $6150.00 per month!  

Not too bad.  If there is no increase in BTC, after halving this will be $3075 per month.  That would be a $36,900 per year profit!

Before Halving:
Monthly Gross = $8,550.   Annual Gross = $102,600
Monthly Net    = $6,150.   Annual Net = $73,800

After Halving:
Monthly Gross = $4,275.   Annual Gross = $51,300
Monthly Net    = $1,795.   Annual Net = $21,540. ---THESE ARE CORRECTED

Exact Payments per month:
14 Miners and 14 PSUs = $80 x 14 = $1,120.00 Colocation and Maint Costs
16 Miners and 16 Rented PSUs ($5 each) = $85 x 16 = $1,360 Colocation and Maint Costs
Total Cost for 30 Miners, 14 owned PSUs and 16 Rented PSUs = $2,480.00

Profits per month = $4,275.00
Colo and Maint per mo = $2,480.00

Net = $1795.00

You should not "guess" when it comes to your income.

These are all assumptions based on the BTC not increasing and the difficulty not changing.  MarkAz has estimated the difficulty at 10% which may very well be correct, but the assumption would then be that BTC would increase as he has also eluded.  Thanks MarkAz.




I thought you were paying $80 per miner plus $80 for the PSU's.  Wouldn't that be $2480 for costs?

Your costs don't halve after the halving.



No, just $80 per machine and then I own 14 PSUs so, I rent PSUs for the other 16 Miners at $5 each per month.  



BTC Address (Donations):  3LepZAju88ZRuNVD4cS6Xv5hKyKrjvirkB     Website:  www.MintMining.com
Email: Mining@MintMining.com      Power Supplies: https://bit.ly/2TtvdOR
AriesIV10 (OP)
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July 02, 2016, 02:52:13 AM
Last edit: July 02, 2016, 11:03:37 AM by AriesIV10
 #10

I thought you were paying $80 per miner plus $80 for the PSU's.  Wouldn't that be $2480 for costs?

Your costs don't halve after the halving.

The difference between his pre-halving gross and net is $2400, so pretty much what you thought... And you're 100% right about his costs not halving, so really it would be more like:

After Halving:
Monthly Gross = $4,275.   Annual Gross = $51,300
Monthly Net    = $1,875.   Annual Net = $22,500

And this doesn't take into consideration that the difficulty has been increasing by about 10% each month (so just subtract 10% from gross):

Net: $1875, $1447, $1062, $716, $404, $124, -$128

So after 6 months, you'll probably be negative mining - of course this assumes that difficulty keeps rising at a constant 10%, and the value of bitcoin basically doesn't increase at all from what it is today.  While I believe that the difficulty is probably a good estimate, I'm also a believer that the value of BTC will increase over time.

So 6 months it would net ~$5628, pretty close to the $6750 you've offered, so I imagine you used similar math to come up with that price.



Your figures are correct as well as your estimates as long as Bitcoin does not rise at all over the next 7 months.  I believe that there is going to be a dramatic increase in BTC due to supply and demand over the next 6 months.  My estimates are $1800 in Sept and $3000 by the end of the year.

BTC Address (Donations):  3LepZAju88ZRuNVD4cS6Xv5hKyKrjvirkB     Website:  www.MintMining.com
Email: Mining@MintMining.com      Power Supplies: https://bit.ly/2TtvdOR
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July 02, 2016, 05:41:03 PM
 #11

I thought you were paying $80 per miner plus $80 for the PSU's.  Wouldn't that be $2480 for costs?

Your costs don't halve after the halving.

The difference between his pre-halving gross and net is $2400, so pretty much what you thought... And you're 100% right about his costs not halving, so really it would be more like:

After Halving:
Monthly Gross = $4,275.   Annual Gross = $51,300
Monthly Net    = $1,875.   Annual Net = $22,500

And this doesn't take into consideration that the difficulty has been increasing by about 10% each month (so just subtract 10% from gross):

Net: $1875, $1447, $1062, $716, $404, $124, -$128

So after 6 months, you'll probably be negative mining - of course this assumes that difficulty keeps rising at a constant 10%, and the value of bitcoin basically doesn't increase at all from what it is today.  While I believe that the difficulty is probably a good estimate, I'm also a believer that the value of BTC will increase over time.

So 6 months it would net ~$5628, pretty close to the $6750 you've offered, so I imagine you used similar math to come up with that price.



Your figures are correct as well as your estimates as long as Bitcoin does not rise at all over the next 7 months.  I believe that there is going to be a dramatic increase in BTC due to supply and demand over the next 6 months.  My estimates are $1800 in Sept and $3000 by the end of the year.

I am interested too.  Not at $17k, and if you are banking on $3k/btc at the end of the year for negotiations that will be tough.  Its possible but you need to consider todays rate.  If you see $3k prices at the end of the year you can pretty much expect difficulty to rise faster then the current rate as well.  Whats your wiggle toom from $17k?

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       +4,000       
PROVABLY FAIR
GAMES
   $500,000   
MONTHLY
PRIZE POOL
      $10,000     
BLACKJACK
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MarkAz
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July 02, 2016, 06:04:26 PM
 #12

I am interested too.  Not at $17k, and if you are banking on $3k/btc at the end of the year for negotiations that will be tough.  Its possible but you need to consider todays rate.  If you see $3k prices at the end of the year you can pretty much expect difficulty to rise faster then the current rate as well.  Whats your wiggle toom from $17k?

Statistically speaking my guess would be that we shouldn't see the average difficulty rise at a faster rate than my 10% estimate, and I wouldn't be surprised to see it less by years end... Keep in mind that each progressive increase means that it takes more and more machines to make an equivalent increase.  Each new hardware platform is yielding less and less incremental improvement, so we'll be close to the point where it probably won't be faster hardware that pushes difficulty, but larger new deployments that do.

Now, if BTC goes to $3k by the end of the year, then people will be spinning up machines like crazy and difficulty could skyrocket, but I really doubt that's realistic - I'd be happy if we saw it at a stable 2x of today (~$1.4k) by December.
AriesIV10 (OP)
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July 02, 2016, 06:11:09 PM
 #13

I thought you were paying $80 per miner plus $80 for the PSU's.  Wouldn't that be $2480 for costs?

Your costs don't halve after the halving.

The difference between his pre-halving gross and net is $2400, so pretty much what you thought... And you're 100% right about his costs not halving, so really it would be more like:

After Halving:
Monthly Gross = $4,275.   Annual Gross = $51,300
Monthly Net    = $1,875.   Annual Net = $22,500

And this doesn't take into consideration that the difficulty has been increasing by about 10% each month (so just subtract 10% from gross):

Net: $1875, $1447, $1062, $716, $404, $124, -$128

So after 6 months, you'll probably be negative mining - of course this assumes that difficulty keeps rising at a constant 10%, and the value of bitcoin basically doesn't increase at all from what it is today.  While I believe that the difficulty is probably a good estimate, I'm also a believer that the value of BTC will increase over time.

So 6 months it would net ~$5628, pretty close to the $6750 you've offered, so I imagine you used similar math to come up with that price.



Your figures are correct as well as your estimates as long as Bitcoin does not rise at all over the next 7 months.  I believe that there is going to be a dramatic increase in BTC due to supply and demand over the next 6 months.  My estimates are $1800 in Sept and $3000 by the end of the year.

I am interested too.  Not at $17k, and if you are banking on $3k/btc at the end of the year for negotiations that will be tough.  Its possible but you need to consider todays rate.  If you see $3k prices at the end of the year you can pretty much expect difficulty to rise faster then the current rate as well.  Whats your wiggle toom from $17k?

There may be a little wiggle room, but not much.  I do still see a nice profit now and in the next year.  Let's take for example 10% difficulty over the next 6 months.  That would be compounded, but just for simplicity we will call it 60% increase in difficulty.  Then we take the Bitcoin rate at let say double.  That is 200% in Bitcoin profitability...leaving a nice margin for profit. 

BTC Address (Donations):  3LepZAju88ZRuNVD4cS6Xv5hKyKrjvirkB     Website:  www.MintMining.com
Email: Mining@MintMining.com      Power Supplies: https://bit.ly/2TtvdOR
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July 02, 2016, 07:33:38 PM
 #14

I thought you were paying $80 per miner plus $80 for the PSU's.  Wouldn't that be $2480 for costs?

Your costs don't halve after the halving.

The difference between his pre-halving gross and net is $2400, so pretty much what you thought... And you're 100% right about his costs not halving, so really it would be more like:

After Halving:
Monthly Gross = $4,275.   Annual Gross = $51,300
Monthly Net    = $1,875.   Annual Net = $22,500

And this doesn't take into consideration that the difficulty has been increasing by about 10% each month (so just subtract 10% from gross):

Net: $1875, $1447, $1062, $716, $404, $124, -$128

So after 6 months, you'll probably be negative mining - of course this assumes that difficulty keeps rising at a constant 10%, and the value of bitcoin basically doesn't increase at all from what it is today.  While I believe that the difficulty is probably a good estimate, I'm also a believer that the value of BTC will increase over time.

So 6 months it would net ~$5628, pretty close to the $6750 you've offered, so I imagine you used similar math to come up with that price.



Your figures are correct as well as your estimates as long as Bitcoin does not rise at all over the next 7 months.  I believe that there is going to be a dramatic increase in BTC due to supply and demand over the next 6 months.  My estimates are $1800 in Sept and $3000 by the end of the year.

I am interested too.  Not at $17k, and if you are banking on $3k/btc at the end of the year for negotiations that will be tough.  Its possible but you need to consider todays rate.  If you see $3k prices at the end of the year you can pretty much expect difficulty to rise faster then the current rate as well.  Whats your wiggle toom from $17k?

There may be a little wiggle room, but not much.  I do still see a nice profit now and in the next year.  Let's take for example 10% difficulty over the next 6 months.  That would be compounded, but just for simplicity we will call it 60% increase in difficulty.  Then we take the Bitcoin rate at let say double.  That is 200% in Bitcoin profitability...leaving a nice margin for profit.  

I understand your thinking but you have to consider opportunity cost when mining.  If i was to spend $17k on gear and you believe that btc will double in 6 months why wouldnt i just buy btc and end up with $34k after 6 months.  Thats why i dont consider the cost of btc price increases, maybe im wrong.  Not trying to derail you im genuinely interested i just cant come close to $17k.  Let me know if/when you want to reduce the price and we can chat.  Thanks and good luck with your sale.  It is nice gear.

Edit:  where is it being hosted?

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    ██████████████████████▀
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.
.Duelbits.
.
..THE MOST REWARDING CASINO......
   ▄▄▄▄████▀███▄▄▄▄▄
▄███▄▀▄██▄   ▄██▄▀▄███▄
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       +4,000       
PROVABLY FAIR
GAMES
   $500,000   
MONTHLY
PRIZE POOL
      $10,000     
BLACKJACK
GIVEAWAY
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July 03, 2016, 03:44:39 AM
 #15

I thought you were paying $80 per miner plus $80 for the PSU's.  Wouldn't that be $2480 for costs?

Your costs don't halve after the halving.

The difference between his pre-halving gross and net is $2400, so pretty much what you thought... And you're 100% right about his costs not halving, so really it would be more like:

After Halving:
Monthly Gross = $4,275.   Annual Gross = $51,300
Monthly Net    = $1,875.   Annual Net = $22,500

And this doesn't take into consideration that the difficulty has been increasing by about 10% each month (so just subtract 10% from gross):

Net: $1875, $1447, $1062, $716, $404, $124, -$128

So after 6 months, you'll probably be negative mining - of course this assumes that difficulty keeps rising at a constant 10%, and the value of bitcoin basically doesn't increase at all from what it is today.  While I believe that the difficulty is probably a good estimate, I'm also a believer that the value of BTC will increase over time.

So 6 months it would net ~$5628, pretty close to the $6750 you've offered, so I imagine you used similar math to come up with that price.



Your figures are correct as well as your estimates as long as Bitcoin does not rise at all over the next 7 months.  I believe that there is going to be a dramatic increase in BTC due to supply and demand over the next 6 months.  My estimates are $1800 in Sept and $3000 by the end of the year.

I am interested too.  Not at $17k, and if you are banking on $3k/btc at the end of the year for negotiations that will be tough.  Its possible but you need to consider todays rate.  If you see $3k prices at the end of the year you can pretty much expect difficulty to rise faster then the current rate as well.  Whats your wiggle toom from $17k?

There may be a little wiggle room, but not much.  I do still see a nice profit now and in the next year.  Let's take for example 10% difficulty over the next 6 months.  That would be compounded, but just for simplicity we will call it 60% increase in difficulty.  Then we take the Bitcoin rate at let say double.  That is 200% in Bitcoin profitability...leaving a nice margin for profit.  

I understand your thinking but you have to consider opportunity cost when mining.  If i was to spend $17k on gear and you believe that btc will double in 6 months why wouldnt i just buy btc and end up with $34k after 6 months.  Thats why i dont consider the cost of btc price increases, maybe im wrong.  Not trying to derail you im genuinely interested i just cant come close to $17k.  Let me know if/when you want to reduce the price and we can chat.  Thanks and good luck with your sale.  It is nice gear.

Edit:  where is it being hosted?

Haha, I have a good friend that says the same thing, that he will just invest.  His investment last year is at $218 per Bitcoin was a smart investment looking at it now when Bitcoin is at $700.  I have congratulated him on his smart investment and showed him how I doubled his profitability over the last year by mining.  I made the profit all the way through and have machines that will still make me money. 

I cannot give out the name of the hosting agency except when I give the person the phone number to call him to arrange the deal. 

BTC Address (Donations):  3LepZAju88ZRuNVD4cS6Xv5hKyKrjvirkB     Website:  www.MintMining.com
Email: Mining@MintMining.com      Power Supplies: https://bit.ly/2TtvdOR
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July 03, 2016, 11:15:05 AM
 #16

I thought you were paying $80 per miner plus $80 for the PSU's.  Wouldn't that be $2480 for costs?

Your costs don't halve after the halving.

The difference between his pre-halving gross and net is $2400, so pretty much what you thought... And you're 100% right about his costs not halving, so really it would be more like:

After Halving:
Monthly Gross = $4,275.   Annual Gross = $51,300
Monthly Net    = $1,875.   Annual Net = $22,500

And this doesn't take into consideration that the difficulty has been increasing by about 10% each month (so just subtract 10% from gross):

Net: $1875, $1447, $1062, $716, $404, $124, -$128

So after 6 months, you'll probably be negative mining - of course this assumes that difficulty keeps rising at a constant 10%, and the value of bitcoin basically doesn't increase at all from what it is today.  While I believe that the difficulty is probably a good estimate, I'm also a believer that the value of BTC will increase over time.

So 6 months it would net ~$5628, pretty close to the $6750 you've offered, so I imagine you used similar math to come up with that price.



Your figures are correct as well as your estimates as long as Bitcoin does not rise at all over the next 7 months.  I believe that there is going to be a dramatic increase in BTC due to supply and demand over the next 6 months.  My estimates are $1800 in Sept and $3000 by the end of the year.

I am interested too.  Not at $17k, and if you are banking on $3k/btc at the end of the year for negotiations that will be tough.  Its possible but you need to consider todays rate.  If you see $3k prices at the end of the year you can pretty much expect difficulty to rise faster then the current rate as well.  Whats your wiggle toom from $17k?

There may be a little wiggle room, but not much.  I do still see a nice profit now and in the next year.  Let's take for example 10% difficulty over the next 6 months.  That would be compounded, but just for simplicity we will call it 60% increase in difficulty.  Then we take the Bitcoin rate at let say double.  That is 200% in Bitcoin profitability...leaving a nice margin for profit.  

I understand your thinking but you have to consider opportunity cost when mining.  If i was to spend $17k on gear and you believe that btc will double in 6 months why wouldnt i just buy btc and end up with $34k after 6 months.  Thats why i dont consider the cost of btc price increases, maybe im wrong.  Not trying to derail you im genuinely interested i just cant come close to $17k.  Let me know if/when you want to reduce the price and we can chat.  Thanks and good luck with your sale.  It is nice gear.

Edit:  where is it being hosted?

Haha, I have a good friend that says the same thing, that he will just invest.  His investment last year is at $218 per Bitcoin was a smart investment looking at it now when Bitcoin is at $700.  I have congratulated him on his smart investment and showed him how I doubled his profitability over the last year by mining.  I made the profit all the way through and have machines that will still make me money. 

I cannot give out the name of the hosting agency except when I give the person the phone number to call him to arrange the deal. 



New Price - $16,000 - no shipping costs, no waiting, full control and profit immediately - This is a GREAT DEAL!  30 Miners and 14 PSUs Already Hosted!

BTC Address (Donations):  3LepZAju88ZRuNVD4cS6Xv5hKyKrjvirkB     Website:  www.MintMining.com
Email: Mining@MintMining.com      Power Supplies: https://bit.ly/2TtvdOR
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July 03, 2016, 12:19:11 PM
 #17

Sorry but unless you do a BIG drop in price you're going to be stuck with this past the halfing in a few days.

Go Big or Go Home.
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July 03, 2016, 12:38:15 PM
 #18

Sorry but unless you do a BIG drop in price you're going to be stuck with this past the halfing in a few days.

I am not in a hurry to sell them.  They are and will be profitable past halving.   Cheesy

BTC Address (Donations):  3LepZAju88ZRuNVD4cS6Xv5hKyKrjvirkB     Website:  www.MintMining.com
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July 03, 2016, 12:44:13 PM
 #19

Sorry but unless you do a BIG drop in price you're going to be stuck with this past the halfing in a few days.

I am not in a hurry to sell them.  They are and will be profitable past halving.   Cheesy

For you, yes..  Wink

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July 03, 2016, 06:50:38 PM
Last edit: July 03, 2016, 09:17:02 PM by Puffy23
 #20

I thought you were paying $80 per miner plus $80 for the PSU's.  Wouldn't that be $2480 for costs?

Your costs don't halve after the halving.

The difference between his pre-halving gross and net is $2400, so pretty much what you thought... And you're 100% right about his costs not halving, so really it would be more like:

After Halving:
Monthly Gross = $4,275.   Annual Gross = $51,300
Monthly Net    = $1,875.   Annual Net = $22,500

And this doesn't take into consideration that the difficulty has been increasing by about 10% each month (so just subtract 10% from gross):

Net: $1875, $1447, $1062, $716, $404, $124, -$128

So after 6 months, you'll probably be negative mining - of course this assumes that difficulty keeps rising at a constant 10%, and the value of bitcoin basically doesn't increase at all from what it is today.  While I believe that the difficulty is probably a good estimate, I'm also a believer that the value of BTC will increase over time.

So 6 months it would net ~$5628, pretty close to the $6750 you've offered, so I imagine you used similar math to come up with that price.



Your figures are correct as well as your estimates as long as Bitcoin does not rise at all over the next 7 months.  I believe that there is going to be a dramatic increase in BTC due to supply and demand over the next 6 months.  My estimates are $1800 in Sept and $3000 by the end of the year.

I am interested too.  Not at $17k, and if you are banking on $3k/btc at the end of the year for negotiations that will be tough.  Its possible but you need to consider todays rate.  If you see $3k prices at the end of the year you can pretty much expect difficulty to rise faster then the current rate as well.  Whats your wiggle toom from $17k?

There may be a little wiggle room, but not much.  I do still see a nice profit now and in the next year.  Let's take for example 10% difficulty over the next 6 months.  That would be compounded, but just for simplicity we will call it 60% increase in difficulty.  Then we take the Bitcoin rate at let say double.  That is 200% in Bitcoin profitability...leaving a nice margin for profit. 

I understand your thinking but you have to consider opportunity cost when mining.  If i was to spend $17k on gear and you believe that btc will double in 6 months why wouldnt i just buy btc and end up with $34k after 6 months.  Thats why i dont consider the cost of btc price increases, maybe im wrong.  Not trying to derail you im genuinely interested i just cant come close to $17k.  Let me know if/when you want to reduce the price and we can chat.  Thanks and good luck with your sale.  It is nice gear.

Edit:  where is it being hosted?

Haha, I have a good friend that says the same thing, that he will just invest.  His investment last year is at $218 per Bitcoin was a smart investment looking at it now when Bitcoin is at $700.  I have congratulated him on his smart investment and showed him how I doubled his profitability over the last year by mining.  I made the profit all the way through and have machines that will still make me money. 

I cannot give out the name of the hosting agency except when I give the person the phone number to call him to arrange the deal. 

The only way mining is more profitable than investing is if the miner returns more BTC than it costs. If the miner doesn't return equivalent or more BTC than it costs, then it is mathematically impossible to yield higher profits than just investing.  If a miner costs 8 BTC and creates 6 BTC regardless of the value of BTC so you have less money. Investors have 8 coins, you have 6.

Can these 30 miners create more BTC than what you're charging? Sure, it would require difficulty to stagnate. That would likely occur during a long lasting price slump.
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