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Author Topic: [AUCTION] Butterfly Labs BFL Little Single IN HAND  (Read 2639 times)
xyzzy099
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August 20, 2013, 11:25:29 PM
 #21

Yup let's get 30+

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

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bitpop (OP)
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August 20, 2013, 11:28:06 PM
 #22

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

mechs
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August 20, 2013, 11:30:46 PM
 #23

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
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August 20, 2013, 11:37:51 PM
 #24

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 (OP)
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August 20, 2013, 11:40:09 PM
 #25

Things can change. Some may mine alt coins.

joeventura
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August 22, 2013, 01:39:30 AM
 #26

BTC18
bitpop (OP)
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August 22, 2013, 01:56:30 AM
 #27

Keep going

mechs
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August 22, 2013, 03:57:54 AM
 #28

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
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August 22, 2013, 04:15:56 AM
 #29


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 (OP)
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August 22, 2013, 04:30:20 AM
 #30

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
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August 22, 2013, 04:40:21 AM
 #31

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 (OP)
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August 22, 2013, 04:47:19 AM
 #32

Ok

joeventura
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August 22, 2013, 10:50:57 PM
 #33

BTC20 - Offer is good for 4 hours
bitpop (OP)
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August 22, 2013, 10:55:50 PM
 #34

I can't I just paid 30 last week

mechs
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August 23, 2013, 04:01:28 AM
 #35

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 (OP)
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August 23, 2013, 04:10:16 AM
 #36

Yeah I'm gonna list next week

twentyseventy
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August 23, 2013, 04:14:16 AM
 #37

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
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August 23, 2013, 04:22:33 AM
 #38

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 (OP)
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August 23, 2013, 04:27:35 AM
 #39

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

joeventura
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August 26, 2013, 11:54:47 PM
 #40

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

Sold on Ebay?
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