Bitcoin Forum
December 17, 2017, 11:50:32 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Selling Advice - 60GH/s (early order) BFL Miner arrived last week  (Read 2098 times)
subi
Newbie
*
Offline Offline

Activity: 28


View Profile
October 17, 2013, 03:38:58 AM
 #1

Had a pre-order for an original 60GH/s miner, finally arrived last week. It mines about 1 BTC per 5 days or 0.144 BTC per hour 24 hours (as per btcguild stats). It looks exactly like this one available at BFL now but is the 60GH/s version:

https://products.butterflylabs.com/homepage/50-gh-s-bitcoin-miner.html

Looking for some selling advice. What is a reasonable price to ask for this unit? BFL is asking $2499 for a 50GH/s unit -- and then there is the dreaded shipping; I don't know what the arrival times are looking like now, but mine took almost a year to arrive. Next question, where's the best place to try to sell it (bitcointalk, ebay, BFL forums)?

Thanks for any suggestions.

Edit: corrected per hour to per 24 hours Smiley
1513554632
Hero Member
*
Offline Offline

Posts: 1513554632

View Profile Personal Message (Offline)

Ignore
1513554632
Reply with quote  #2

1513554632
Report to moderator
1513554632
Hero Member
*
Offline Offline

Posts: 1513554632

View Profile Personal Message (Offline)

Ignore
1513554632
Reply with quote  #2

1513554632
Report to moderator
1513554632
Hero Member
*
Offline Offline

Posts: 1513554632

View Profile Personal Message (Offline)

Ignore
1513554632
Reply with quote  #2

1513554632
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513554632
Hero Member
*
Offline Offline

Posts: 1513554632

View Profile Personal Message (Offline)

Ignore
1513554632
Reply with quote  #2

1513554632
Report to moderator
1513554632
Hero Member
*
Offline Offline

Posts: 1513554632

View Profile Personal Message (Offline)

Ignore
1513554632
Reply with quote  #2

1513554632
Report to moderator
The Rouge 1
Jr. Member
*
Offline Offline

Activity: 49



View Profile
October 17, 2013, 03:59:10 AM
 #2

1150-1200 Euros would be my suggestion my 5gh just shipped this week too but I think eventually I will have to either build something faster or buy another BFL to daisy chain for more BTC.
vpasic
Sr. Member
****
Offline Offline

Activity: 266


View Profile
October 17, 2013, 05:50:36 AM
 #3

Wrong calculation!
It mines about 0.11btc/day minus pool fee or 1btc every 10 days.
Around $1000 is fair price considering diff and profit. Even a $1000 is impossible to earn in his lifetime unless bitcoin value goes up.

Tips: 1Ejj8eANy2PLZVwrWUczkbQ8kQY2JhKqp6
hulk
Sr. Member
****
Offline Offline

Activity: 392


View Profile
October 17, 2013, 06:17:33 AM
 #4

Wrong calculation!
It mines about 0.11btc/day minus pool fee or 1btc every 10 days.
Around $1000 is fair price considering diff and profit. Even a $1000 is impossible to earn in his lifetime unless bitcoin value goes up.

$1000 is a good price, considered that difficulty is increasing like mad. Sell it before price drop again..

desired_username
Hero Member
*****
Offline Offline

Activity: 867


View Profile
October 17, 2013, 05:29:06 PM
 #5

I think if someone is willing to pay more than 300$ for it, then they are pretty much dumb.
subi
Newbie
*
Offline Offline

Activity: 28


View Profile
October 17, 2013, 10:59:20 PM
 #6

I think if someone is willing to pay more than 300$ for it, then they are pretty much dumb.

Trying hard to understand this one?? I get difficult is increasing, but this still made over $160 in the last week.
GenTarkin
Legendary
*
Offline Offline

Activity: 2170


View Profile
October 17, 2013, 11:00:52 PM
 #7

Ill offer 5btc shipped to Portland OR, USA insured, overnight, escrow...

GenTarkin's MOD Kncminer Titan custom firmware! v1.0.4! <--- CLICK HERE
Donations: bitcoin- 1Px71mWNQNKW19xuARqrmnbcem1dXqJ3At || litecoin- LYXrLis3ik6TRn8tdvzAyJ264DRvwYVeEw
uberdag
Member
**
Offline Offline

Activity: 60


View Profile
October 17, 2013, 11:43:55 PM
 #8

I sold mine on ebay yesterday for $1600... I plan to wait till Dec/Jan and see about getting something with that cash.  I do this as a hobby but didnt want to get stuck with equipment that in march wont even be worth turning on.

leoragraves666
Full Member
***
Offline Offline

Activity: 191



View Profile
October 17, 2013, 11:50:33 PM
 #9

If it was up to me, I would take anything 800-1600 USD. It won't make that kind of money in 6 month time

PC & Mac repairs
Picklee
Newbie
*
Offline Offline

Activity: 29


View Profile
October 18, 2013, 12:27:41 AM
 #10

I am considering buying one for $1500, but after reading these posts and looking at the rising difficulty, it doesn't seem like it would really be worth the effort in 3-6 months when difficulty has increased 10-fold more. Now I am thinking $1000-1200 is a reasonable price point, considering the payout and risk. They are selling on eBay for about $1500. The prices are falling literally every day locally as buyers become more scarce. My guess is you would be lucky to get $1500 by mid-November.

1PickTiPWRi4WqU6GxuW8yqfzVSHSu4Xjm
shmadz
Legendary
*
Offline Offline

Activity: 1512


@theshmadz


View Profile
October 18, 2013, 12:42:59 AM
 #11

Avalon is selling a 60 GH/s miner for 6 BTC right now. They recently held an auction and some people were able to get this unit for between 2.21-3 BTC (which is actually a pretty good deal, as long as they ship promptly)

The single is much better from an efficiency standpoint - Avalon states that these devices draw 600W from the wall, I'm sure the single draws less than this.

Personally I'm not currently interested in anything that costs more than 10 dollars per GH/s - but that's just me.


"You have no moral right to rule us, nor do you possess any methods of enforcement that we have reason to fear." - John Perry Barlow, 1996
uberdag
Member
**
Offline Offline

Activity: 60


View Profile
October 18, 2013, 01:02:20 AM
 #12

Looks like they overclocked the hell out of the old stock to get to those rates.

vesperwillow
Hero Member
*****
Offline Offline

Activity: 616


View Profile
October 21, 2013, 02:28:24 PM
 #13

I think if someone is willing to pay more than 300$ for it, then they are pretty much dumb.

Trying hard to understand this one?? I get difficult is increasing, but this still made over $160 in the last week.

Because in another week's time it'll make about 1/3rd that. Here's a good rule of thumb which is only good until the next difficulty jump:

A. If you're wanting this to break even (at the least) mining BTC, then don't pay more than $300-$500 for it.

B. If you want to a collectible which does nifty stuff and helps warm a room and don't care if it breaks even, then pay any price up to $1000

C. Any 60GH unit over $1000 is just like rolling a joint in Benjamins. Sure it's neat at first, but after awhile you'll feel the burn, unless you don't care either way.

If it were me, I'd be concerned with breaking even/mining up until it's no longer profitable with BTC. Then go mine altcoins fast as hell and hope everything goes up in price over time.

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!