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vdragon (OP)
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March 16, 2013, 11:53:34 PM |
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A friend of mine who was more of a believer in avalon than me got his 2 units few days ago. He is not in it for the money, and he doesnt like the units for some reason - he is a kind of a technical freak, he even had an idea to make one himself. So he said if I want to buy them, to make him an offer. So how much is a decent offer? I dont want to insult him, so just give me an idea how much do you think its worth.
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"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
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kibblesnbits
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March 16, 2013, 11:57:24 PM |
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...he doesnt like the units for some reason....
I think you'll need to expand on the reason. Do they look/smell like burnt toaster ovens? |
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invader
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March 17, 2013, 12:02:22 AM |
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I think they worth at least the same amount of coins what was spended at the preorder time.
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Keefe
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March 17, 2013, 12:17:29 AM |
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If I were local to him, I'd offer 50 BTC each.
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vdragon (OP)
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March 17, 2013, 12:21:37 AM |
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50btc for something that makes 250usd a day.... thats would be an insult. To answer the other question, they work perfectly, he is just one of those ppl that have plenty, he ordered them for a thrill. How much did people pay in btc when they ordered those ? like 130 btc?
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robamichael
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March 17, 2013, 12:26:01 AM |
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Don't forget that BTC prices are highly volatile and that difficulty will continue to increase.
What makes $250 today might not do the same a month down the road.
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vdragon (OP)
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March 17, 2013, 12:26:53 AM |
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...he doesnt like the units for some reason....
I think you'll need to expand on the reason. Do they look/smell like burnt toaster ovens? I think the reason is that they are technically not like he expected - now what he expected, dont ask me. They sure dont look anything special, but hey, they work |
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vdragon (OP)
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March 17, 2013, 12:28:40 AM |
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Don't forget that BTC prices are highly volatile and that difficulty will continue to increase.
What makes $250 today might not do the same a month down the road.
Next difficulty is in 10 days These 2 thing will make 14 btc/day, 140 btc in 10 days... |
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robamichael
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March 17, 2013, 12:47:52 AM |
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Don't forget that BTC prices are highly volatile and that difficulty will continue to increase.
What makes $250 today might not do the same a month down the road.
Next difficulty is in 10 days These 2 thing will make 14 btc/day, 140 btc in 10 days... I mean that as ASICs roll out, the mining difficulty will increase, making them less profitable long-term. By all means, offer him what you feel comfortable, especially if he is a friend. But I would not rely too heavily on today's prices and difficulty to figure long term profit. Maybe offer him 1% mined BTC? That way, if the unit does not work quite right, or it quits on you, it will seem fair. Just spitballing here  |
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vdragon (OP)
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March 17, 2013, 12:55:12 AM |
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Iunderstand your idea  , but I am a man of a moment, much more impulsive. For me it was always important to break even, after that, I dont care that much . Someone said offer the original amount of BTC, I am trying to figure out how much was that. Anyone know when was exactly the first batch ordered? |
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server
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Activity: 892
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1 BTC =1 BTC
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March 17, 2013, 12:57:50 AM |
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~107 btc
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vdragon (OP)
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March 17, 2013, 01:01:29 AM |
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Thanks, thats about 5000 usd. Will make an offer |
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jgarzik
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March 17, 2013, 01:04:32 AM |
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For reference, my Avalon miner solo-mined two blocks in the past 24h (50 BTC + fees).
Statistically this was quite lucky, of course.
Or maybe your friend should sell them for nnnn BTC + a percentage of ongoing revenue for 1 year.
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Jeff Garzik, Bloq CEO, former bitcoin core dev team; opinions are my own.
Visit bloq.com / metronome.io
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DobZombie
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March 17, 2013, 02:10:22 AM |
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For reference, my Avalon miner solo-mined two blocks in the past 24h (50 BTC + fees).
Statistically this was quite lucky, of course.
Or maybe your friend should sell them for nnnn BTC + a percentage of ongoing revenue for 1 year.
You mean 25BTC & fees? |
Tip Me if believe BTC1 will hit $1 Million by 2030
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CrazyGuy
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March 17, 2013, 02:17:26 AM |
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2 blocks is 50. That's pretty impressive, are you strictly solo mining now?
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ASICPuppy.net ASIC Mining Hardware and Accessories - Compac F in stock!
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Entropy-uc
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March 17, 2013, 02:33:46 AM |
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For reference, my Avalon miner solo-mined two blocks in the past 24h (50 BTC + fees).
Statistically this was quite lucky, of course.
Or maybe your friend should sell them for nnnn BTC + a percentage of ongoing revenue for 1 year.
Are you solo-mining through your own pool software or directly to bitcoind? I tried running solo to bitcoind for a while, but the lack of share activity made me wonder if anything was actually happening. So I was a coward and stuck with pools. |
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Bogart
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March 17, 2013, 02:36:46 AM |
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This guy said he'll pay $10k for one: https://bitcointalk.org/index.php?topic=140519.0You could offer $7.5k and try and flip it to that guy in an arbitrage deal. |
"All safe deposit boxes in banks or financial institutions have been sealed... and may only be opened in the presence of an agent of the I.R.S." - President F.D. Roosevelt, 1933
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Entropy-uc
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March 17, 2013, 03:35:56 AM |
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If he is truly your friend, make him your best offer, and then tell him to auction it on here for a week with your price as a reserve while it mines on your pool.
Ask him for 10% of whatever he gets above your price.
That's what I would do for a friend.
Now, if he's the kind of friend who snakes your girlfriend. Just take whatever he asks and smile.
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scyth3
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March 17, 2013, 04:29:13 AM |
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I would offer him 10k each.  |
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jgarzik
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March 17, 2013, 04:34:14 AM |
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2 blocks is 50. That's pretty impressive, are you strictly solo mining now?
Yes. Are you solo-mining through your own pool software or directly to bitcoind?
bitcoind + eloipool. cgminer does not support direct-mining to bitcoind. It appears to work, but eventually HTTP problems and other oddness appears. Luke-Jr's BFGMiner should support ASIC mining directly with bitcoind, but I think Luke-Jr is still looking for a volunteer to test BFGMiner + Avalon. |
Jeff Garzik, Bloq CEO, former bitcoin core dev team; opinions are my own.
Visit bloq.com / metronome.io
Donations / tip jar: 1BrufViLKnSWtuWGkryPsKsxonV2NQ7Tcj
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