SgtSpike
Legendary
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Activity: 1400
Merit: 1005
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October 14, 2013, 07:21:44 PM |
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zerocode20
Member
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Activity: 84
Merit: 10
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October 14, 2013, 07:36:09 PM |
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Probably the people buying have no idea the difference between FPGA/ASIC ....... |
"That which you call your soul or spirit is your consciousness, and that which you call 'free will' is your mind's freedom to think or not, the only will you have, your only freedom, the choice that controls all the choices you make and determines your life and your character."
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gmaxwell
Staff
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Activity: 4270
Merit: 8805
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October 15, 2013, 05:37:07 AM |
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Let me say, I do not think they are scrap. They do have a value, it is just pretty low. They can be used as an FPGA dev platform. That is why I say I would buy a few for $30 each. But I will never get that $30 back mining BTC.
Last I checked they were cryptographically locked to BFL's FPGA images and BFL won't provide the info needed to reprogram them. IIRC they also can't be reprogramed over the USB bus. |
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kramble
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October 15, 2013, 08:17:00 AM |
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Let me say, I do not think they are scrap. They do have a value, it is just pretty low. They can be used as an FPGA dev platform. That is why I say I would buy a few for $30 each. But I will never get that $30 back mining BTC.
Last I checked they were cryptographically locked to BFL's FPGA images and BFL won't provide the info needed to reprogram them. IIRC they also can't be reprogramed over the USB bus. That's useful info. I was wondering if it might be worth porting my litecoin miner onto them, but I'll stick with the Lancelot and Ztex for now. Its just a hobby project anyway as the return on mining LTC would be minimal at the sort of hash rates I'm achieving (It was a challenge ... lots of people said FPGA couldn't do scrypt, well it can, just not very well  ). |
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Leehoya
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October 15, 2013, 08:22:44 AM |
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Plenty of sha256 alt coins right now. Mine them all!
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OleOle
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October 15, 2013, 08:43:43 AM |
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Mine it while selling it online at high price, who know you might be lucky.  Or maybe even mine with it while selling it online as 'pre-order', then arrange for delivery in two weeks, two months or two years. Seems to have worked before...  |
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Leehoya
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October 15, 2013, 09:00:05 AM |
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Mine it while selling it online at high price, who know you might be lucky. Or maybe even mine with it while selling it online as 'pre-order', then arrange for delivery in two weeks, two months or two years. Seems to have worked before... I think that guy is from BFL isnt it? |
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lightfoot
Legendary
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Activity: 3178
Merit: 2260
I fix broken miners. And make holes in teeth :-)
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October 22, 2013, 06:56:47 PM |
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Interesting side thought: How low could the sale prices on things like this go?
Could the price of 500 erupters drop below that of a 1,500 watt space heater? That might be the minimum price.
C
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SgtSpike
Legendary
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Activity: 1400
Merit: 1005
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October 22, 2013, 08:04:13 PM |
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Interesting side thought: How low could the sale prices on things like this go?
Could the price of 500 erupters drop below that of a 1,500 watt space heater? That might be the minimum price.
C
It definitely could. Who wants to maintain 500 erupters and all the USB tangle that goes along with it to save $15? |
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razorfishsl
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October 22, 2013, 10:24:23 PM |
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Let me say, I do not think they are scrap. They do have a value, it is just pretty low. They can be used as an FPGA dev platform. That is why I say I would buy a few for $30 each. But I will never get that $30 back mining BTC.
Last I checked they were cryptographically locked to BFL's FPGA images and BFL won't provide the info needed to reprogram them. IIRC they also can't be reprogramed over the USB bus. That's useful info. I was wondering if it might be worth porting my litecoin miner onto them, but I'll stick with the Lancelot and Ztex for now. Its just a hobby project anyway as the return on mining LTC would be minimal at the sort of hash rates I'm achieving (It was a challenge ... lots of people said FPGA couldn't do scrypt, well it can, just not very well ). That can easily be fixed. The crypto keys can be removed with a JTAG. yep ok ..... the BFL bit-files will no longer work, but it's not as if you need them. |
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Carlton Banks
Legendary
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Activity: 3430
Merit: 3080
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October 22, 2013, 10:35:27 PM |
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I have the same problem with my FPGAminer x6500's, they're just scraping by still now that the exchange rate has jumped, lol
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Vires in numeris
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OleOle
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October 23, 2013, 12:08:47 AM |
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Mine it while selling it online at high price, who know you might be lucky. Yeah, there's a great tradition of over-priced miners online, no point in fighting history  Worth out what you think it is worth, add 25%, double your anticipated shipping charges then add that to the unit total cost then advertise it as 'free shipping'. Throw in a 'free' usb with drivers and miners plus an 'instruction guide' and away you go I can just hear the buyers now thinking, "Hmm... bitcoin? ...crypto? Sounds interesting... make money in rising and falling markets... I might buy that." ----- Disclaimer: I have bought overpriced asic miner units on ebay so I know it works |
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Quix
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October 23, 2013, 03:27:17 AM |
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Figure out what the real board underneath it is, remove the BFL casing and sell it as whatever FPGA it is. Worth way more that way.
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evansearle42
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October 25, 2013, 10:45:14 AM |
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Keep it as a collection and show it to your kids next time |
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OleOle
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October 25, 2013, 12:40:52 PM |
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The forum member Vesperwillow has this in their signature, maybe worth contacting them? "ASIC/Scrypt Buyback Program: I will BUY your mining equipment if you're considering selling." No harm in asking. |
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P_Shep
Legendary
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Activity: 1795
Merit: 1208
This is not OK.
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October 25, 2013, 12:41:49 PM |
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They have two, quite expensive, FPGA chips inside. They could be recovered and used elsewhere.
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high110
Sr. Member
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Activity: 728
Merit: 253
A Blockchain Mobile Operator With Token Rewards
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October 25, 2013, 01:34:22 PM |
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Oh man - bitcoin just touched 180...at this rate, I'll have to turn off my miners. Sell it while you can.
Ironly Cloud mining at CEX has gone up?? was 0.85 per GHs yesterday and now it's .9 per GHS. Check out the signature.
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rocks (OP)
Legendary
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Activity: 1153
Merit: 1000
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October 25, 2013, 04:27:52 PM |
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Keep it as a collection and show it to your kids next time I think this is what I decided to do. Sell it on ebay what probably the best suggestion, but today they go for less than $100 and at that price it would be nice to just hold onto the brick for sentimental purposes. If I had more than 1 though I'd sell the extra's on ebay. |
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