Is this ebay mining contract worth it?

[superbit]

It seems like a pretty reasonable deal to me.

http://www.ebay.com/itm/20-GH-s-out-of-2-TH-s-Bitcoin-ASIC-miner-with-Hosting-Not-BFL-Butterfly-Labs-/181209464986?ssPageName=ADME:X:RTQ:US:1123

[infested999]

eBay is a nightmare for dealing with non-physical items. I can't imagine the trouble when you sell something that's not even an item!

[pedrog]

Not a good deal.

I had to guess some numbers, I didn't find the duration of the "contract", or the Watt per GHash.

Here:

http://mining.thegenesisblock.com/a/9224e4a521

[superbit]

Not a good deal.

I had to guess some numbers, I didn't find the duration of the "contract", or the Watt per GHash.

Here:

http://mining.thegenesisblock.com/a/9224e4a521

Nice analysis, thanks!

[Perseus353]

He's probably reselling a Cloudhashing contract -- who start their payouts in September when the KNC rig goes live. After December, 20 GH/s will be a lot less profitable than in these crucial first few months of September-November.

Moreover, Cloudhashing has a revenue reinvestment programme to keep their contracts profitable for clients -- and the seller is not passing this on in his offer.

So no, not a good deal at all.