Vagnavs
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January 18, 2014, 05:26:34 AM |
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I know this has been kicked around but would it be wise to part this hardware out and sell it now? If running many units at one time is an issue we would not be knowingly giving anyone "bad" hardware.
yes, we should be check into seeing the ROI of holding the units vs. selling them. What is the anticipated payout for each share at the 1st? Does anybody have a guesstimate.. I know dumping hardware on eBay is a good way to get a good price. I've done that a couple times.. (Instead of selling it on the forums). |
Avalanche is a must own
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philipma1957
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'The right to privacy matters'
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January 18, 2014, 05:46:51 AM |
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I know this has been kicked around but would it be wise to part this hardware out and sell it now? If running many units at one time is an issue we would not be knowingly giving anyone "bad" hardware.
yes, we should be check into seeing the ROI of holding the units vs. selling them. What is the anticipated payout for each share at the 1st? Does anybody have a guesstimate.. I know dumping hardware on eBay is a good way to get a good price. I've done that a couple times.. (Instead of selling it on the forums). we have been doing 2.8th that is about .7869 a day for the diff of 1789 mill the 15th to the 24th would be 10 days or 7.869 the next jump should be to 2050 mill we would earn about .68 a day for 6 days say 4 btc a total of 10 -12 btc is close for feb 1st. |
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Hili
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Activity: 69
Merit: 10
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January 18, 2014, 11:41:53 AM |
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Let's just sell the hardware, it's failling horribly.
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thomas_s
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January 18, 2014, 03:48:22 PM |
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Let's just sell the hardware, it's failling horribly.
The hardware has been up except one unit since the move almost 2 weeks ago R9-12 used to be bitfury boards but they were sold and replaced with different equipment |
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bobsag3
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January 18, 2014, 05:30:48 PM |
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Also, I found out one of the other workers problems, so we should be up to 3.2 now.
I am working on some forms of compensation for the loss, so I appreciate the patience.
I just really dont like jupiters, and I think the feeling is mutual.
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philipma1957
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'The right to privacy matters'
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January 18, 2014, 08:32:30 PM |
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Also, I found out one of the other workers problems, so we should be up to 3.2 now.
I am working on some forms of compensation for the loss, so I appreciate the patience.
I just really dont like jupiters, and I think the feeling is mutual.
Bob you have done a lot of work to keep it going. I want to thank you for doing that. I know when I ran 10-13 pcs and 23 gpus from july 2012 to july 2013 it was hard work. my house was hot even in the dead of winter. and I don't think I ever had all the pc's run non stop for more then 5 or 6 days. on bad days constant tweaking. So I know your ops must be hard work. |
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btc6000
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January 20, 2014, 02:49:06 PM |
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Bob you have done a lot of work to keep it going. I want to thank you for doing that.
+1 |
We have come to be one of the worst ruled, one of the most completely controlled and dominated, governments in the civilized world—no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and the duress of small groups of dominant men.
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Vagnavs
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Activity: 1121
Merit: 1003
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January 25, 2014, 08:07:58 PM |
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looks like the new design is up.. I am unable to login to the website now. I've tried a password reset and email not found. Please let me know what the status is.
Regards,
Brian
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Avalanche is a must own
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thomas_s
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January 25, 2014, 08:16:22 PM |
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looks like the new design is up.. I am unable to login to the website now. I've tried a password reset and email not found. Please let me know what the status is.
Regards,
Brian
Make a new account |
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Vagnavs
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January 25, 2014, 10:31:47 PM |
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looks like the new design is up.. I am unable to login to the website now. I've tried a password reset and email not found. Please let me know what the status is.
Regards,
Brian
Make a new account okay, I've made an account.. What do I do next? (previous customer of R12) regards, Brian |
Avalanche is a must own
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Ridicuss
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January 26, 2014, 03:47:30 AM |
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looks like the new design is up.. I am unable to login to the website now. I've tried a password reset and email not found. Please let me know what the status is.
Regards,
Brian
Make a new account okay, I've made an account.. What do I do next? (previous customer of R12) regards, Brian If you just want to browse the Group buy hashrates you can do it here. http://www.crypto-ops.com/?page_id=302Thats to the r9-12. Select the round you want to look at in the upper right corner. |
Man, I wish I could change my avatar!
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Vagnavs
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Merit: 1003
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January 26, 2014, 07:08:53 AM |
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okay, I was able to login and see my account. Are we done mining or what's the status?
Regards,
Brian
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Avalanche is a must own
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Ridicuss
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January 26, 2014, 01:52:38 PM |
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okay, I was able to login and see my account. Are we done mining or what's the status?
Regards,
Brian
If you are talking about R-9 R-12, we are still mining. Attached is a screen shot of the action. Thanks to mootinator!  |
Man, I wish I could change my avatar!
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philipma1957
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Activity: 4116
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'The right to privacy matters'
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January 26, 2014, 04:28:27 PM
Last edit: January 26, 2014, 04:41:25 PM by philipma1957 |
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okay, I was able to login and see my account. Are we done mining or what's the status?
Regards,
Brian
If you are talking about R-9 R-12, we are still mining. Attached is a screen shot of the action. Thanks to mootinator! good info to get a little more of an idea of our current earnings go to this btc address from the screen shot above. https://blockchain.info/address/1CR3h3SLewfcYK4XGySe4bgKwXV2VYqvVV 9 coins in it and this is our earnings from jan 15 to now. so figure 5 more coins the 27th 28th 29th 30th 31st 1st and this would be 14 coins maybe 15 coins. after fees back down to 14 coins across 400 shares = .035 btc a share on feb 1st all rough numbers. but not far off. This is why with all complaints bitching moaning by lots of us about this round I don't go that crazy as this round has made fiat taxable profit of more then 180 usd a share. And if we get .035 btc more on the 1st at 800 usd a coin the profit in fiat will be 28 usd more or over 208 usd a share. So far almost no mining gear has turned an roi in btc since sept 2013. The exceptions are very early knc Jupiter's. Other mining gear that made roi in btc very early BFL orders. Lastly some early Avalon orders. I realize the argument of btc vs fiat roi means plenty to many people , but frankly BTC roi has seem to be almost an impossible task while many have made lots of fiat. This round would not see a BTC profit but frankly as long as I make fiat profit I am happy. |
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Vagnavs
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January 26, 2014, 11:40:59 PM |
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okay thanks for the update. Am curious as to compensation and what the plans are for sale of the unit
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Avalanche is a must own
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philipma1957
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Activity: 4116
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'The right to privacy matters'
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January 28, 2014, 10:43:47 PM |
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okay thanks for the update. Am curious as to compensation and what the plans are for sale of the unit
we are up to 10.5 coins earned this pay period. It is the 28th we have the 29th the 30th the 31st and part of the 1st to add to that number. I like you am interested in the gear we have 3th or so of gear. what is this gear? thomas_S said will sold the black arrow and replaced it with other gear. What are we mining with? what do we now own? |
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philipma1957
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Activity: 4116
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'The right to privacy matters'
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January 28, 2014, 10:45:25 PM |
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Let's just sell the hardware, it's failling horribly.
The hardware has been up except one unit since the move almost 2 weeks ago R9-12 used to be bitfury boards but they were sold and replaced with different equipment So we have 3.2th of what gear? I am curious as to our replacement gear. we are mining and the hash rate is over 3.3th which is great. but what are we using? hey I don't mind if it is a 20 s-1 antminers but I am intrigued as to what is doing all the hash below? especially since I still have 5 out of the 400 shares. http://www.crypto-ops.com/?page_id=302 |
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DyslexicZombei (OP)
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January 28, 2014, 11:00:03 PM |
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It's a mix but its mostly Antminers.
Much less problematic than the prototype board issues and the rPis blowing up.
Basically: if a mfg. puts out a good value that's reliable - we throw them a ton of BTC on the behalf of miners.
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philipma1957
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Activity: 4116
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'The right to privacy matters'
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January 29, 2014, 12:23:36 AM |
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It's a mix but its mostly Antminers.
Much less problematic than the prototype board issues and the rPis blowing up.
Basically: if a mfg. puts out a good value that's reliable - we throw them a ton of BTC on the behalf of miners.
antminers are a good choice for replacement. when the time comes to sell them they will be easy to sell on ebay. in general they have been reliable gear. http://www.ebay.com/itm/Bitmain-Antminer-S1-180GH-s-Bitcoin-ASIC-Miner-w-PSU-/321303625991?pt=LH_DefaultDomain_0&hash=item4acf304107here they go for 2500 selling well on ebay. down the road when we off load these they will sell easy. |
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yomamanodros
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“Create Your Decentralized Life”
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January 30, 2014, 05:50:18 PM |
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I really think that we need to look into selling this equipment. The fees that we pay to the coop are still a reasonable percentage of the total mined BTC, coming in a bit less than 5%. The next pay period, Feb.15, is going to be a much higher percentage and we will probably be at 25% or more by our Mar 1 payout. I know that we are still making btc at that point, but our equipment will be doing over a quarter of it's work just to pay our fees.
Selling Antminers on ebay sounds like it could be a very good idea right now. I think that we, the miners, need to make this decision. I know that the co-op organizers have worked very hard for us but their income doesn't change when difficulty goes up, only ours does. They make $400 every two weeks whether we mine $20000 worth of BTC or $1000 worth. We can't wait for them to suggest selling, we need to start to force this issue.
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