[AUCTION] Butterfly Labs BFL Little Single IN HAND

[bitpop]

This auction is for a Butterfly Labs Little Single. IN HAND, just received (https://bitcointalk.org/index.php?topic=187802.0).

    Starting bid is 30 BTC
    Bid increments of 0.50BTC
    Reserve 40 BTC (may be waived)
    Shipping: Free USA
    Ends: 8-24-2013
    Buy It Now for 40 BTC

[1715488862]

1715488862

[bitpop]

Stable 30 Gh/s, comes with power supply

[zulover]

16btc

[mechs]

17BTC

[rammy2k2]

17.5

[TheSwede75]

I love how people here can't read

[ArrowInTheDark]

I love how people here can't read

I love how people overcharge the hell out of things...

[TheSwede75]

I love how people here can't read

I love how people overcharge the hell out of things...

And if you are not interested in buying, how is that any of your business?

[bitpop]

Thanks I JUST paid 30

[joeventura]

I love how people here can't read

If you are going to start bids at $118 a GH

( Block Erupter USBs are $96 a GH  <<---- In Stock delivered tomorrow.
and Blades are $78 a GH )   <<---- In Stock delivered tomorrow

You should say

"Don't post a bid that isn't my minimum"

This way you only have to come back every day and bump the thread because that is all will happen here.

EBay would be a great option for you.

[bitpop]

I thought that was the definition of minimum.

[bitpop]

You fail to mention the expensive hubs erupters need too.

[TheSwede75]

I love how people here can't read

If you are going to start bids at $118 a GH

( Block Erupter USBs are $96 a GH  <<---- In Stock delivered tomorrow.
and Blades are $78 a GH )   <<---- In Stock delivered tomorrow

You should say

"Don't post a bid that isn't my minimum"

This way you only have to come back every day and bump the thread because that is all will happen here.

EBay would be a great option for you.

So basically people are too stupid to understand "starting bid" nowadays? wow, this forum is going places.

[rammy2k2]

You fail to mention the expensive hubs erupters need too.

that shouldnt be your problem

[mechs]

The hubs cost $30 or about 0.3 BTC.   Regardless, hard to try to sell a used BFL miner for a price higher than brand new ASICMiner blades and USB eruptors which are readily available.  Especially since those are all dead money themselves unless the difficulty rate stops its exponential climb which seems unlikely.

[superduh]

this will never ROI at 30 bitcoins - so those who bid that much would be doing so just because they are huge BFL fanboys

[mechs]

this will never ROI at 30 bitcoins - so those who bid that much would be doing so just because they are huge BFL fanboys

That is like being a fanboy of bernie madoff

[TheSwede75]

this will never ROI at 30 bitcoins - so those who bid that much would be doing so just because they are huge BFL fanboys

OR like 90% of people who buy ASIC in auctions here, selling them on eBay for a profit.

[TheSwede75]

For the record, I agree 30 BTC is steep but 15-16 is just an insult when they go for $3k+ on eBay.

[bitpop]

Yup let's get 30+

[xyzzy099]

Yup let's get 30+

I think you'll need to head on over to EBay for that.

[bitpop]

I maxed out at eBay this month. You guys can get a good deal until next month.

[mechs]

For the record, I agree 30 BTC is steep but 15-16 is just an insult when they go for $3k+ on eBay.

Not true, only one I could find on ebay not a pre-order is here:
http://www.ebay.com/itm/IN-HAND-Butterfly-Labs-BFL-Little-Single-30-GH-s-ASIC-Bitcoin-Miner-NO-RESERVE/171108069910?_trksid=p2045573.m2102&_trkparms=aid%3D555012%26algo%3DPW.MBE%26ao%3D1%26asc%3D298%26meid%3D711836790678274929%26pid%3D100034%26prg%3D1079%26rk%3D2%26rkt%3D8%26sd%3D181198526904%26

Currently bid is at equivalent of about 19.5 BTC

[mechs]

If you assume difficulty increases 50% per month (very conservative, been closer to 70%) and 0 power costs:
http://btcinvest.net/bitcoin-mining-profit-calculator.php?diff=50810339.048276&dcosts=3150&diff_mincrease=50&blpbtc=25&dhsmhs=30000&btcusd_mincrease=0&btcusd=105&dpowcon=&dleadtime=0&pcost=&calcweeks=52&action=calc
You only only make back 24.8 BTC

If you use a more realistic 70% difficulty increase per month and add power costs:
http://btcinvest.net/bitcoin-mining-profit-calculator.php?diff=50810339.048276&dcosts=3150&diff_mincrease=70&blpbtc=25&dhsmhs=30000&btcusd_mincrease=0&btcusd=105&dpowcon=60&dleadtime=0&pcost=0.12&calcweeks=40&action=calc
You only make 20 BTC in 40 weeks after which it becomes unprofitable to run

I actually would not even pay 17 BTC for this anymore - would like to see at least a 25% return on my investment over a 10 month period.  Max I would pay would be 15 BTC to acheive that.  Problem is this item has 0 residual value once it no longer profitable to mine bitcoins.

[bitpop]

Things can change. Some may mine alt coins.

[joeventura]

BTC18

[bitpop]

Keep going

[mechs]

Keep going

Honestly, your best bet is ebay - there is one currently bidded up to $2500 there by bitcoin noobs.  Noone who knows mining will pay more than 22BTC for this and it is depreciating in value by about 1BTC/week.  If you want, I have an excellent ebay rating.  I can sell it for you for a 5% commission. I won't take any comission if it sells for less than $2200. 

[QueenB]

I actually would not even pay 17 BTC for this anymore - would like to see at least a 25% return on my investment over a 10 month period.  Max I would pay would be 15 BTC to acheive that.  Problem is this item has 0 residual value once it no longer profitable to mine bitcoins.

But even with 15BTC you are being very generous. a decent break-even calculation at the genesisblock.com is at about 11.5BTC

http://mining.thegenesisblock.com/a/7396f00320

[bitpop]

Pm me but I want 4k

Keep going

Honestly, your best bet is ebay - there is one currently bidded up to $2500 there by bitcoin noobs.  Noone who knows mining will pay more than 22BTC for this and it is depreciating in value by about 1BTC/week.  If you want, I have an excellent ebay rating.  I can sell it for you for a 5% commission. I won't take any comission if it sells for less than $2200. 

[mechs]

Pm me but I want 4k

Keep going

Honestly, your best bet is ebay - there is one currently bidded up to $2500 there by bitcoin noobs.  Noone who knows mining will pay more than 22BTC for this and it is depreciating in value by about 1BTC/week.  If you want, I have an excellent ebay rating.  I can sell it for you for a 5% commission. I won't take any comission if it sells for less than $2200. 

You are not going to get anymore than this current identical ebay auction ends at:
http://www.ebay.com/itm/IN-HAND-Butterfly-Labs-BFL-Little-Single-30-GH-s-ASIC-Bitcoin-Miner-NO-RESERVE/171108069910?_trksid=p2045573.m2102&_trkparms=aid%3D555012%26algo%3DPW.MBE%26ao%3D1%26asc%3D298%26meid%3D711836790678274929%26pid%3D100034%26prg%3D1079%26rk%3D2%26rkt%3D8%26sd%3D181198526904%26
There are 20 hours left and it at 2.5k.  Of course, most of the bidding will likely happen in the last 30 minutes but I doubt it will get anywhere near 4k.  Maybe it will reach 3k.  Will know in 20 hours.  See what this current one sells for and then decide whether you rather sell yours or mine with it. 

[bitpop]

Ok

[joeventura]

BTC20 - Offer is good for 4 hours

[bitpop]

I can't I just paid 30 last week

[mechs]

Solf for $3700BTC on ebay - which converts to about 34BTC on coinbase after all fees.  That just the better way to go for you.

[bitpop]

Yeah I'm gonna list next week

[twentyseventy]

I've got a 10 year old eBay account with 600+ positive feedback. If be willing to sell it on eBay for a commission; PM me if you're interested.

[joeventura]

I can't I just paid 30 last week

So you are just buying them and flipping them?

I guess there are plenty of suckers on Ebay

[bitpop]

No I wanted it but it for here very late and I have more hardware coming

[joeventura]

No I wanted it but it for here very late and I have more hardware coming

Sold on Ebay?

[bitpop]

Still got it 34 btc buy it now

[bigasic]

I listed my little single on Ebay and here at the same time. I took the for  sure coins here instead of the 3500 bucks it went for on Ebay... So, Ebay is a really good place to sell mining gear. I hear the scams (reverse) are quite high...

Ebay is the best bet for the hard to sell stuff or if you need to get more money than its worth...