FOR SALE - BTC MINING FARM - 30 S7s Hosted and In Location. $13,500.00

[fuzion1]

This seems like a pretty high price for used s7. The monthly profit after halving would be about $3350 at the current price and then minus your hosting cost of $2480 per month.

Net profit of: $870

I think the only way you are going to sell this is to sell at about $6000. Even that might be too much.  Or you could just ride it out and reap the profit until it's time to shut them off.

[1714751546]

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[402blownstroker]

This is a little risky as it would require trust from 2 parties, one of which (NOT you) can up and leave without any real repercussions - if I understand the OP correctly. 

I've been thinking about cloud mining/hosted mining, but this has been a major hurdle for me.

[AriesIV10]

This seems like a pretty high price for used s7. The monthly profit after halving would be about $3350 at the current price and then minus your hosting cost of $2480 per month.

Net profit of: $870

I think the only way you are going to sell this is to sell at about $6000. Even that might be too much.  Or you could just ride it out and reap the profit until it's time to shut them off.

Here are the EXACT numbers that I redid for the past month:

Before Halving:
Monthly Gross = $9,747.00   Annual Gross = $116,964
Monthly Net    = $7,267.00   Annual Net = $87,8204

After Halving:
Monthly Gross = $4,873.50   Annual Gross = $58,482
Monthly Net    = $2,393.50   Annual Net = $28,722.

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 = $4,873.50
Colo and Maint per mo = $2,480.00

Net = $2,393.50


Based on the BTC not increasing and the difficulty not changing.  Bitcoin and Difficulty will change.

[thedreamer]

Here are the EXACT numbers that I redid for the past month:

After Halving:
Monthly Gross = $4,873.50   Annual Gross = $58,482
Monthly Net    = $2,393.50   Annual Net = $28,722

Your calc is waaay wrong. How do you get $4873.50 per month after halfing with 141th?

[smracer]

Here are the EXACT numbers that I redid for the past month:

After Halving:
Monthly Gross = $4,873.50   Annual Gross = $58,482
Monthly Net    = $2,393.50   Annual Net = $28,722

Your calc is waaay wrong. How do you get $4873.50 per month after halfing with 141th?

It is $3,504 per month (without difficulty increases) for 141TH after the halving.

Right now 1TH makes .0024 BTC per day.  After halving 1TH will make .0012 BTC per day.

141TH X .0012 X 30.5 = 5.16BTC per month or $3,504.

[fuzion1]

This seems like a pretty high price for used s7. The monthly profit after halving would be about $3350 at the current price and then minus your hosting cost of $2480 per month.

Net profit of: $870

I think the only way you are going to sell this is to sell at about $6000. Even that might be too much.  Or you could just ride it out and reap the profit until it's time to shut them off.

Here are the EXACT numbers that I redid for the past month:

Before Halving:
Monthly Gross = $9,747.00   Annual Gross = $116,964
Monthly Net    = $7,267.00   Annual Net = $87,8204

After Halving:
Monthly Gross = $4,873.50   Annual Gross = $58,482
Monthly Net    = $2,393.50   Annual Net = $28,722.

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 = $4,873.50
Colo and Maint per mo = $2,480.00

Net = $2,393.50


Based on the BTC not increasing and the difficulty not changing.  Bitcoin and Difficulty will change.

If you lower the price below $6000 I would be interested. A 6 month payoff would be fair to anyone buying this. Other than that you might just keep it and ride it out. Then sell the units on eBay or something. My calculations have this netting anywhere from 800-1000 per month for the next 6 months if everything stays steady, which it might not.

[AriesIV10]

Maybe it is the pool that some of you are doing your estimates that are lower than mine; I am with CKPool.

Kano.is  CKPool

Mar 2016, 129 Blocks, 4.16 Blks/Day
Apr 2016, 134 Blocks, 4.47 Blks/Day
May 2016, 126 Blocks, 4.07 Blks/Day
Jun 2016, 132 Blocks, 4.40 Blks/Day

4.275 average per day (based upon the last 4 months)

Today July 4th 2016 my pool (CKPool) hit 4 blocks (we still may hit more).  My total Payout was $277.37.  $277.37 x 30 days per month = $8321.10.  Halving it would be $4160.55

If you would like to do the numbers with the average per day 4.275:  $277.37/4=$69.34 per block;  $69.34 x 4.275 ave per day = $296.43 ave per day;  $296.43 * 30 days per month = $8892.90 ave per month; After halving $4445.


I still do not see the $800 - $1000 estimate per month that you are talking about.  Another factor is the increase in Bitcoin over the next six months that would negate or at least mitigate the difficulty.  Maybe you are just wanting see the price reduced?

[EnJoyThis]

Well, if we assume btc will hit $1800 in september, let me buy your farm at that price/btc.

so you're asking $16.000, I'll buy it against $1800/btc which is 8.89btc

with this offer we both will have a chance to ROI. If you tell me this isn't a good offer you're in other words saying you don't believe btc will hit $1800

PM me to get the deal done!

Escrow by OgNasty, he has done escrow for me on several hardware purchases.

Cheers

[AriesIV10]

Well, if we assume btc will hit $1800 in september, let me buy your farm at that price/btc.

so you're asking $16.000, I'll buy it against $1800/btc which is 8.89btc

with this offer we both will have a chance to ROI. If you tell me this isn't a good offer you're in other words saying you don't believe btc will hit $1800

PM me to get the deal done!

Escrow by OgNasty, he has done escrow for me on several hardware purchases.

Cheers

You want me to sell you 30 S7 miners and 14 PSUs for $6000?  That is Crazy!  

[EnJoyThis]

Well, if we assume btc will hit $1800 in september, let me buy your farm at that price/btc.

so you're asking $16.000, I'll buy it against $1800/btc which is 8.89btc

with this offer we both will have a chance to ROI. If you tell me this isn't a good offer you're in other words saying you don't believe btc will hit $1800

PM me to get the deal done!

Escrow by OgNasty, he has done escrow for me on several hardware purchases.

Cheers

You want me to sell you 30 S7 miners and 14 PSUs for $6000?  That is Crazy!  

NO, i'm buying them from you for 8.89btc today and you will have $16.000 in september.

Hence it will be $26.670 by december this year!

[thedreamer]

You are basing your income potential on 'luck' on a pool, and NOT the real-world minimum income at current levels.

Luck is great, but you can not bank on it. The longer you hold off on selling at a realistic price, the more you're gonna dig yourself into a hole.
In a week nobody will even think about paying more than 1/2 for your whole mine. Sorry chief.

[EnJoyThis]

I just read in your other thread you dropped your price already to $15,500

[fuzion1]

Maybe it is the pool that some of you are doing your estimates that are lower than mine; I am with CKPool.

Kano.is  CKPool

Mar 2016, 129 Blocks, 4.16 Blks/Day
Apr 2016, 134 Blocks, 4.47 Blks/Day
May 2016, 126 Blocks, 4.07 Blks/Day
Jun 2016, 132 Blocks, 4.40 Blks/Day

4.275 average per day (based upon the last 4 months)

Today July 4th 2016 my pool (CKPool) hit 4 blocks (we still may hit more).  My total Payout was $277.37.  $277.37 x 30 days per month = $8321.10.  Halving it would be $4160.55

If you would like to do the numbers with the average per day 4.275:  $277.37/4=$69.34 per block;  $69.34 x 4.275 ave per day = $296.43 ave per day;  $296.43 * 30 days per month = $8892.90 ave per month; After halving $4445.


I still do not see the $800 - $1000 estimate per month that you are talking about.  Another factor is the increase in Bitcoin over the next six months that would negate or at least mitigate the difficulty.  Maybe you are just wanting see the price reduced?

I am basing my numbers off very rosy inputs into this Bitcoin mining calculator. http://www.coinwarz.com/calculators/bitcoin-mining-calculator

[AriesIV10]

NEW PRICE:  $14,750.00

I am with CKPool: Kano.is

Average Blocks per day over the past 4 months:
* Mar 2016, 129 Blocks, 4.16 Blks/Day
* Apr 2016, 134 Blocks, 4.47 Blks/Day
* May 2016, 126 Blocks, 4.07 Blks/Day
* Jun 2016, 132 Blocks, 4.40 Blks/Day

4.275 average blocks per day

Quick Math: Today July 4th 2016 my pool (CKPool) hit 4 blocks.  My total Payout was $277.37.  $277.37 x 30 days per month = $8321.10.  Halving it would be $4160.55

If you would like to do the numbers with the average per day 4.275:  $277.37/4=$69.34 per block;  $69.34 x 4.275 ave per day = $296.43 ave per day;  $296.43 * 30 days per month = $8892.90 ave per month; After halving $4445 ave per month.


Another factor is the increase in Bitcoin over the next six months that would negate or at least mitigate the difficulty.

--------------------VS------------------------

If you purchased brand new from Bitmain the cost would be:

S7 x $440 x 30 = $13200.00
Shipping S7s - $54 x 30 = $1620.00
PSU $140 x 16 = $2240.00
Shipping PSUs $43 x 16 = $688

Total 30 New S7s and 16 PSUs = $17,748.00 + Wait time for delivery + Setup/Startup Issues.

----------------------------------------------

NEW PRICE: $14,750.00 for 30 S7 Antminers and 14 Bitmain PSUs.

[EnJoyThis]

The problem with your 'offer' is that you are asking a high price $14,750 is still quite high for 2nd hand gear, no matter how good they run, it's 2nd hand.

And don't forget the buyer has to take over a hosting contract in which he has to make a commitment untill december this year to pay for hosting of those machines.
That's a monthly bill to be paid of $2,480
Looking for july till december, that's 6 months or in other words $14,880

So when buying they commit themselves to pay atleast a total sum of $29,630

You better ask your hosting company how much it would cost you to breach your contract and turn it into a monthly hosting contract instead of a year / 6 months.

[Tupsu]

NEW PRICE:  $14,750.00

I am with CKPool: Kano.is

Average Blocks per day over the past 4 months:
* Mar 2016, 129 Blocks, 4.16 Blks/Day
* Apr 2016, 134 Blocks, 4.47 Blks/Day
* May 2016, 126 Blocks, 4.07 Blks/Day
* Jun 2016, 132 Blocks, 4.40 Blks/Day

4.275 average blocks per day

Quick Math: Today July 4th 2016 my pool (CKPool) hit 4 blocks.  My total Payout was $277.37.  $277.37 x 30 days per month = $8321.10.  Halving it would be $4160.55

If you would like to do the numbers with the average per day 4.275:  $277.37/4=$69.34 per block;  $69.34 x 4.275 ave per day = $296.43 ave per day;  $296.43 * 30 days per month = $8892.90 ave per month; After halving $4445 ave per month.


Another factor is the increase in Bitcoin over the next six months that would negate or at least mitigate the difficulty.

--------------------VS------------------------

If you purchased brand new from Bitmain the cost would be:

S7 x $440 x 30 = $13200.00
Shipping S7s - $54 x 30 = $1620.00
PSU $140 x 16 = $2240.00
Shipping PSUs $43 x 16 = $688

Total 30 New S7s and 16 PSUs = $17,748.00 + Wait time for delivery + Setup/Startup Issues.

----------------------------------------------

NEW PRICE: $14,750.00 for 30 S7 Antminers and 14 Bitmain PSUs.

These numbers are beautiful.
But you have to understand that your maintenance fees are too high.

Exactly the same maintenance fee you can pay in Hashnest.
Hashnest Maintenance Fee 2.8169 USD  Day   84.51 USD for 30 Day


But Hashnest shop price for S7 is today : 450.0 USD  Stock: over 300



30 x 450 USD = 13500 USD , No need for PSU.
This is  faster and much cheaper. After 72 hours miner is online and mine in Antpool.

14750-13500 =  1250 USD higher than  cheapest seller in the S7 hosting  market.

[AriesIV10]

The problem with your 'offer' is that you are asking a high price $14,750 is still quite high for 2nd hand gear, no matter how good they run, it's 2nd hand.

And don't forget the buyer has to take over a hosting contract in which he has to make a commitment untill december this year to pay for hosting of those machines.
That's a monthly bill to be paid of $2,480
Looking for july till december, that's 6 months or in other words $14,880

So when buying they commit themselves to pay atleast a total sum of $29,630

You better ask your hosting company how much it would cost you to breach your contract and turn it into a monthly hosting contract instead of a year / 6 months.

Very good information.  I have checked and the contract must be kept, per the Hosting Agency.  Thanks.

[AriesIV10]

NEW PRICE:  $14,750.00

I am with CKPool: Kano.is

Average Blocks per day over the past 4 months:
* Mar 2016, 129 Blocks, 4.16 Blks/Day
* Apr 2016, 134 Blocks, 4.47 Blks/Day
* May 2016, 126 Blocks, 4.07 Blks/Day
* Jun 2016, 132 Blocks, 4.40 Blks/Day

4.275 average blocks per day

Quick Math: Today July 4th 2016 my pool (CKPool) hit 4 blocks.  My total Payout was $277.37.  $277.37 x 30 days per month = $8321.10.  Halving it would be $4160.55

If you would like to do the numbers with the average per day 4.275:  $277.37/4=$69.34 per block;  $69.34 x 4.275 ave per day = $296.43 ave per day;  $296.43 * 30 days per month = $8892.90 ave per month; After halving $4445 ave per month.


Another factor is the increase in Bitcoin over the next six months that would negate or at least mitigate the difficulty.

--------------------VS------------------------

If you purchased brand new from Bitmain the cost would be:

S7 x $440 x 30 = $13200.00
Shipping S7s - $54 x 30 = $1620.00
PSU $140 x 16 = $2240.00
Shipping PSUs $43 x 16 = $688

Total 30 New S7s and 16 PSUs = $17,748.00 + Wait time for delivery + Setup/Startup Issues.

----------------------------------------------

NEW PRICE: $14,750.00 for 30 S7 Antminers and 14 Bitmain PSUs.

These numbers are beautiful.
But you have to understand that your maintenance fees are too high.

Exactly the same maintenance fee you can pay in Hashnest.
Hashnest Maintenance Fee 2.8169 USD  Day   84.51 USD for 30 Day


But Hashnest shop price for S7 is today : 450.0 USD  Stock: over 300



30 x 450 USD = 13500 USD , No need for PSU.
This is  faster and much cheaper. After 72 hours miner is online and mine in Antpool.

14750-13500 =  1250 USD higher than  cheapest seller in the S7 hosting  market.

WOW!  I did not know this!  Although there would be the questions:

1) After installation, Can the miner be directed to any pool or does it have to be Hashnest?
2) Is there full control of the miner by the user?

As for the Sale of my 30 S7 miners and 14 PSUs, that is a good price against what I am asking!  I will have to consider this information.

Thank You for the information!

[AriesIV10]

NEW PRICE: $13,500.00

I ran the numbers against Hashnest vs My Farm:




So, the big differences are:





NEW PRICE:  $13,500.00

[sale666]

hmm this is on an edge, i respect your offer mate but i was looking into this as interested in buying but at the price of 13.5k thats todays 20.2 BTC on hashnest i can buy 150TH/S and its instant and mining for me right away...
I understand later you have the actual hardware maybe to mine some other crypto or something..
Still thinking about your offer.

Good luck tho!