Please bail me out - I'm an idiot bought mining gear at the peak

[OgNasty]

you guys must be kidding. we pay around 0.30 US-$ here for 1 kWh. and it's still profitable

I guess I'm lucky paying only $0.05/kWh. 

[perfectchoice4u]

You know i think this guys full of shit, because if he was serious, i asked him to send me a pm and maybe buying some of his stuff, and he never sent or said as much as a peep about it.

If he was really this bad off he's want to lay off some of his "losses"

[minerX]

Hawaii is .26cents a kilowatt/hour.

I'll be getting out before a lot of you.  Get ready to buy all my gear.

[AngelusWebDesign]

Are you sure?

What, do you live on a government-subsidized Indian reservation or something?

Seriously -- 3 cents is too low. Are you sure that's "power cost" plus "generation & transmission"?

Just subtract the customer/statement fee (usually a fixed amount) from your last bill, and divide that by the number of kilowatts you used.

[beeph]

I took some pics after just spending hte last 12 hours (yet another 12 hour day) on the set up... where do u 'radical internet dudes' share your awesome pictures like faceblasters or twitterbox or what?  cuz i dont see a photo option on this forum.. i think u guys will get a chuckle of the gigantic lair of the octopi computers.

I've gotten some interest but right now we're debating whether opening a box is even worth it even after we have sunk costs in a mobo and a free slot for it.. or if its just better to send everything back as is.. also buncha lowball offers.. noone is gonna sell something that goes for 160$ on ebay for 100$ on here, etc.

And those who think 12,000$ is alot of money honestly these bernanke bucks are on their way to being worthless anyway so spend em while u got em i spose... but yeah it was an amoutn i felt safe gambling with.. i dont like throwing money down the toilet tho, which this seems to be a very long and painfully hard way to accomplish just that.

[FlipPro]

Don't sell your stuff, move to a cheaper state ! Electricity in florida is about .05 KWH, you can stay in the midwest to, some states are .03-.05KWH

[Karen Palen]

Don't sell your stuff, move to a cheaper state ! Electricity in florida is about .05 KWH, you can stay in the midwest to, some states are .03-.05KWH

Don't forget to include the cost of HVAC to get rid of all that heat!

I see where there are some very large data centres opening up in places like Iceland for that region.

Random thought there is a HUGE hydro electric project in N. Quebec - I wonder how it would work for a co-location site? You could even sell the "waste heat" to help heat buildings.

Just the same it really does depend on the ratio of Difficulty Factor to BTC "value" in the currency where you pay the bills - at US$0.01/BTC and today's Difficulty Factor I doubt if there is any combination which would work.

[beeph]

Well I hate to turn this into my own personal sales thread so let me show u the pic at least HAHAhttp://
http://www.flickr.com/photos/64331187@N04/5858492956/in/photostream


biostar TA890FXE 150$
radeon 6870      170$
radeon 5830   150$
sempron 130 +fan     40$
sempron 140 + fan 40$
kingston 1gig DDR SRAM  13$
PCI-e risers (16-16x from cable2000 but shipped from chicago not long ass hong kong!)  Im not gonna run around shipping these 1 by one, but if u want to add them to an order i'll charge 10$ each which is a good deal.

I want to sell the mobo + cpu + fan together as a barebones, if possible.. anything not sold is going to continue mining, so order priority to those buying more of a 'total rig' set up.

8g flash drives with ubuntu + mining stuff:  14$

I'll give tech support anyone trying to get a rig up and running.
cards have not been overclocked, original bios, etc.

I will take paypal, probably to my old company paypal many of you may recognize the company if u are mmorpg gamers
It is 5000+ verified.
I will take bitcoins too but charge like 10% or so + the last tradehill/gox price - but hey small price to pay for the privilege of using the CURRENCY OF THE FUTURE.

min order 200$, I am in schaumburg area, chicago. Prices are all negotiable but dont lowball... all this stuff is tested and works together.
yahoo me at bitcoinlover (instant mesenger)
 

[RyNinDaCleM]

Will you take BTC equivalent?

Edit: Just noticed you do!

YGPM!

[newunit16]

shows some people got more money than sense.

good luck with sale. i hope this becomes a trend so the difficulty doesn't increase as fast/much.

[botnet]

more pictures please

[AngelusWebDesign]

Except you'll notice that all this equipment is going to be bought by someone on Bitcoin.org -- it probably won't end up sitting on a dusty shelf somewhere...

[newunit16]

Except you'll notice that all this equipment is going to be bought by someone on Bitcoin.org -- it probably won't end up sitting on a dusty shelf somewhere...

if selling hardware comes the trend, either a) big fish eat the little ones or b) miners dont buy it and difficulty goes down.

why wouldnt a miner buy it? decreasing profits, becomes risky. hopefully this is the case, id hate to have the top10% miners buy all of the jazz.

[pennytrader]

more pictures please

Yes, more pics pls

[xalex]

Hawaii is .26cents a kilowatt/hour.

I'll be getting out before a lot of you.  Get ready to buy all my gear.

I'm from The Netherlands.. its about 0.23 euro here. Roughly translates to 0.33 dollar at the moment

[asfas16123]

Hawaii is .26cents a kilowatt/hour.

I'll be getting out before a lot of you.  Get ready to buy all my gear.

I'm from The Netherlands.. its about 0.23 euro here. Roughly translates to 0.33 dollar at the moment

they are talking about .26 cents... that is 0.026$ which is around 15 times cheaper than yours

[bitcoin0918]

they are talking about .26 cents... that is 0.026$ which is around 15 times cheaper than yours

They made a typo. It's 26 cents, not .26 cents. Nobody gets it that cheap, except freeloaders.

[CydeWeys]

Are you guy who posted to Reddit saying something like "just some casual mining" and showed box after box of computer equipment in a rented storage locker?

[finnthecelt]

Are you guy who posted to Reddit saying something like "just some casual mining" and showed box after box of computer equipment in a rented storage locker?

What's with the box of gpu's on the bottom left? Seems like a strange way to stage.... I smell something strange here....

This could be a bunch of used gear being resold or already mined to death and he wants an upgrade. Could you also post a copy of your invoice with sales date please.....?

Proceed with caution. Not accusing him but.....just sayin'.

[beeph]

Are you guy who posted to Reddit saying something like "just some casual mining" and showed box after box of computer equipment in a rented storage locker?

What's with the box of gpu's on the bottom left? Seems like a strange way to stage.... I smell something strange here....

This could be a bunch of used gear being resold or already mined to death and he wants an upgrade. Could you also post a copy of your invoice with sales date please.....?

Proceed with caution. Not accusing him but.....just sayin'.

lol... u guys are retarded.. I've been on the phone with several buyers, taken people into my basement in person and am still selling as i speak on another thread.. why is it so hard to believe that someone is selling bitcoin mining gear on a bitcoin mining forum?  Where do u think this 10 terahashes is coming from god?
 
Exactly what is the supposed grand conspiracy here?  Am i suppose to be with the New world order selling 10,000$ worth of crap online to discredit bitcoin to prop up bilderberg group or what?  And exactly how does shit accomplish that anyway?  LOL..

I'm a genuine nice guy and i really wanna see the people buying my stuff put it to good use I took the picture because the machines you see there do mine and are mining right now, on btcguild.. and oh by the way my btcguild accoutn got hax0red and thank god for payout locks.  In the land of bitcoin one must use 20 letter passwords with a buncha weird ass symbols in it.