DZ MC: Round 5-6, KnC Jupiters. Please move ?s and discussions here.

[-Redacted-]

OK - here is the R5 and R6 December 1st payout info.   The coins will be winging their way to your wallets shortly

In USD terms, the R5 and R6 machines are still generating $15,000 worth of BTC every two weeks - they should remain profitable for at least another 6-8 weeks..


 

[floatyfish]

So, can we come to a conclusion as to where we want to sell the miners? I'm thinking that we should avoid Ebay due to Paypal.

[Ashitank]

24 Hour BTC | 0.46291900 

I still dont get it why we need to sell for another 16 days , Cointera & Hashfast have not delivered any thing yet.

[mootinator]

24 Hour BTC | 0.46291900 

I still dont get it why we need to sell for another 16 days , Cointera & Hashfast have not delivered any thing yet.

At this rate, BFL will be the next company to ship something.

 

[philipma1957]

24 Hour BTC | 0.46291900  

I still dont get it why we need to sell for another 16 days , Cointera & Hashfast have not delivered any thing yet.

the argument for selling 1 and keeping 1 is based not on difficulty but on BTC price.    If the BTC drops to 100 usd like it was in sept we really fucked up  if we keep both machines.  As always  I am in the sell one and keep one camp.  thus leveling the price risk somewhat.

  I do agree that diff will be flat for 8 or 9 days.  But the nov KNC have shipped a  bit and ant miner is ramping up  30 x 180 plus 30 x 180 plus 120 x 180 is 180 x 180 is only 32th knc's nov gear is about 600th  .  so that is 632th or 10%.

   I think we jump 20%  from 707 to 850 diff.

  This will make the sell value on the knc drop so If we sell one we lower that risk.  Hey I made a profit so whatever people want is cool.  But there are downsides to just mining. As long as you are aware of the downsides  of just mining I am fine with you picking that over selling one of two.

the latest listings show the the 25k price point is no longer around.   we had an offer for 23k right now ebay would be 17 or 18k.

http://www.ebay.com/sch/i.html?_trksid=p2050601.m570.l1313.TR0.TRC0.Xknc+miner&_nkw=knc+miner&_sacat=0&_from=R40


people saw the price of btc go all over the place on sunday and now are afraid to buy a machine at 25k.  hey don't worry in a day or two the btc price could go up  to 1500usd and the knc price on ebay could go to 30,000.  just remember this is a winning group buy and be happy

[thomas_s]

24 Hour BTC | 0.46291900  

I still dont get it why we need to sell for another 16 days , Cointera & Hashfast have not delivered any thing yet.

the argument for selling 1 and keeping 1 is based not on difficulty but on BTC price.    If the BTC drops to 100 usd like it was in sept we really fucked up  if we keep both machines.  As always  I am in the sell one and keep one camp.  thus leveling the price risk somewhat.

  I do agree that diff will be flat for 8 or 9 days.  But the nov KNC have shipped a  bit and ant miner is ramping up  30 x 180 plus 30 x 180 plus 120 x 180 is 180 x 180 is only 32th knc's nov gear is about 600th  .  so that is 632th or 10%.

   I think we jump 20%  from 707 to 850 diff.

  This will make the sell value on the knc drop so If we sell one we lower that risk.  Hey I made a profit so whatever people want is cool.  But there are downsides to just mining. As long as you are aware of the downsides  of just mining I am fine with you picking that over selling one of two.

the latest listings show the the 25k price point is no longer around.   we had an offer for 23k right now ebay would be 17 or 18k.

http://www.ebay.com/sch/i.html?_trksid=p2050601.m570.l1313.TR0.TRC0.Xknc+miner&_nkw=knc+miner&_sacat=0&_from=R40


people saw the price of btc go all over the place on sunday and now are afraid to buy a machine at 25k.  hey don't worry in a day or two the btc price could go up  to 1500usd and the knc price on ebay could go to 30,000.  just remember this is a winning group buy and be happy

BTC will probably be around 2k end of this week begining of next

[mootinator]

24 Hour BTC | 0.46291900  

I still dont get it why we need to sell for another 16 days , Cointera & Hashfast have not delivered any thing yet.

the argument for selling 1 and keeping 1 is based not on difficulty but on BTC price.    If the BTC drops to 100 usd like it was in sept we really fucked up  if we keep both machines.  As always  I am in the sell one and keep one camp.  thus leveling the price risk somewhat.

  I do agree that diff will be flat for 8 or 9 days.  But the nov KNC have shipped a  bit and ant miner is ramping up  30 x 180 plus 30 x 180 plus 120 x 180 is 180 x 180 is only 32th knc's nov gear is about 600th  .  so that is 632th or 10%.

   I think we jump 20%  from 707 to 850 diff.

  This will make the sell value on the knc drop so If we sell one we lower that risk.  Hey I made a profit so whatever people want is cool.  But there are downsides to just mining. As long as you are aware of the downsides  of just mining I am fine with you picking that over selling one of two.

the latest listings show the the 25k price point is no longer around.   we had an offer for 23k right now ebay would be 17 or 18k.

http://www.ebay.com/sch/i.html?_trksid=p2050601.m570.l1313.TR0.TRC0.Xknc+miner&_nkw=knc+miner&_sacat=0&_from=R40


people saw the price of btc go all over the place on sunday and now are afraid to buy a machine at 25k.  hey don't worry in a day or two the btc price could go up  to 1500usd and the knc price on ebay could go to 30,000.  just remember this is a winning group buy and be happy

BTC will probably be around 2k end of this week begining of next

Where do you get that idea. This seems like a nice spot for a 90 day or so plateau. In my clueless opinion anyway.

[thomas_s]

24 Hour BTC | 0.46291900  

I still dont get it why we need to sell for another 16 days , Cointera & Hashfast have not delivered any thing yet.

the argument for selling 1 and keeping 1 is based not on difficulty but on BTC price.    If the BTC drops to 100 usd like it was in sept we really fucked up  if we keep both machines.  As always  I am in the sell one and keep one camp.  thus leveling the price risk somewhat.

  I do agree that diff will be flat for 8 or 9 days.  But the nov KNC have shipped a  bit and ant miner is ramping up  30 x 180 plus 30 x 180 plus 120 x 180 is 180 x 180 is only 32th knc's nov gear is about 600th  .  so that is 632th or 10%.

   I think we jump 20%  from 707 to 850 diff.

  This will make the sell value on the knc drop so If we sell one we lower that risk.  Hey I made a profit so whatever people want is cool.  But there are downsides to just mining. As long as you are aware of the downsides  of just mining I am fine with you picking that over selling one of two.

the latest listings show the the 25k price point is no longer around.   we had an offer for 23k right now ebay would be 17 or 18k.

http://www.ebay.com/sch/i.html?_trksid=p2050601.m570.l1313.TR0.TRC0.Xknc+miner&_nkw=knc+miner&_sacat=0&_from=R40


people saw the price of btc go all over the place on sunday and now are afraid to buy a machine at 25k.  hey don't worry in a day or two the btc price could go up  to 1500usd and the knc price on ebay could go to 30,000.  just remember this is a winning group buy and be happy

BTC will probably be around 2k end of this week begining of next

Where do you get that idea. This seems like a nice spot for a 90 day or so plateau. In my clueless opinion anyway.

Internal sources that we are currently testing. (Hasn't been wrong the past month so I'm not thinking this info is wrong)

[floatyfish]

24 Hour BTC | 0.46291900  

I still dont get it why we need to sell for another 16 days , Cointera & Hashfast have not delivered any thing yet.

the argument for selling 1 and keeping 1 is based not on difficulty but on BTC price.    If the BTC drops to 100 usd like it was in sept we really fucked up  if we keep both machines.  As always  I am in the sell one and keep one camp.  thus leveling the price risk somewhat.

  I do agree that diff will be flat for 8 or 9 days.  But the nov KNC have shipped a  bit and ant miner is ramping up  30 x 180 plus 30 x 180 plus 120 x 180 is 180 x 180 is only 32th knc's nov gear is about 600th  .  so that is 632th or 10%.

   I think we jump 20%  from 707 to 850 diff.

  This will make the sell value on the knc drop so If we sell one we lower that risk.  Hey I made a profit so whatever people want is cool.  But there are downsides to just mining. As long as you are aware of the downsides  of just mining I am fine with you picking that over selling one of two.

the latest listings show the the 25k price point is no longer around.   we had an offer for 23k right now ebay would be 17 or 18k.

http://www.ebay.com/sch/i.html?_trksid=p2050601.m570.l1313.TR0.TRC0.Xknc+miner&_nkw=knc+miner&_sacat=0&_from=R40


people saw the price of btc go all over the place on sunday and now are afraid to buy a machine at 25k.  hey don't worry in a day or two the btc price could go up  to 1500usd and the knc price on ebay could go to 30,000.  just remember this is a winning group buy and be happy

BTC will probably be around 2k end of this week begining of next

Where do you get that idea. This seems like a nice spot for a 90 day or so plateau. In my clueless opinion anyway.

Internal sources that we are currently testing. (Hasn't been wrong the past month so I'm not thinking this info is wrong)

Internal sources that you're testing? Are they androids with the ability to predict the future?

[thomas_s]

24 Hour BTC | 0.46291900  

I still dont get it why we need to sell for another 16 days , Cointera & Hashfast have not delivered any thing yet.

the argument for selling 1 and keeping 1 is based not on difficulty but on BTC price.    If the BTC drops to 100 usd like it was in sept we really fucked up  if we keep both machines.  As always  I am in the sell one and keep one camp.  thus leveling the price risk somewhat.

  I do agree that diff will be flat for 8 or 9 days.  But the nov KNC have shipped a  bit and ant miner is ramping up  30 x 180 plus 30 x 180 plus 120 x 180 is 180 x 180 is only 32th knc's nov gear is about 600th  .  so that is 632th or 10%.

   I think we jump 20%  from 707 to 850 diff.

  This will make the sell value on the knc drop so If we sell one we lower that risk.  Hey I made a profit so whatever people want is cool.  But there are downsides to just mining. As long as you are aware of the downsides  of just mining I am fine with you picking that over selling one of two.

the latest listings show the the 25k price point is no longer around.   we had an offer for 23k right now ebay would be 17 or 18k.

http://www.ebay.com/sch/i.html?_trksid=p2050601.m570.l1313.TR0.TRC0.Xknc+miner&_nkw=knc+miner&_sacat=0&_from=R40


people saw the price of btc go all over the place on sunday and now are afraid to buy a machine at 25k.  hey don't worry in a day or two the btc price could go up  to 1500usd and the knc price on ebay could go to 30,000.  just remember this is a winning group buy and be happy

BTC will probably be around 2k end of this week begining of next

Where do you get that idea. This seems like a nice spot for a 90 day or so plateau. In my clueless opinion anyway.

Internal sources that we are currently testing. (Hasn't been wrong the past month so I'm not thinking this info is wrong)

Internal sources that you're testing? Are they androids with the ability to predict the future?

Highly possible

[madpoet]

Skynet?  Yikes!

[mootinator]

Skynet?  Yikes!

Or has the almighty Satoshi has selected this coop for His wisdom.

[philipma1957]

 this is a quote from me on r9-r10-r11-r12

https://bitcointalk.org/index.php?topic=328996.new#new
philipma1957
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Re: Black Arrow R9-12 threads, DZ Miners Co-op. Plz move ?s and discussion here.
Today at 01:43:48 AM
Reply with quote  Edit message  Delete message  #121
As I have r5+r6   and r9-r10-r11-r12   I am very happy with dZcoop.  


 If I may say I am USA based and I pay taxes.  SO btc roi means 0 to me .    When I pay my taxes in APRIL next year.   This purchase made roi. and a usd profit.


 To all that believe in BTC roi fine you can do this.  But in most countries btc is translated to the fiat of that country in order to determine gain.  

 I purchased 11 shares here at 123 usd each a total of 1353  if selling this gear off gets us 180 a share I get 180 x 11 = 1980 usd

my usa taxes would be 1980usd  plus the coins paid to me prior 1.09098806 cashed in on  nov 14 for 450 usd and 1.12229538 cashed in for 1122.29 a grand  total of :



 3552 income against  123 a share x 11 or 1353  this comes to a net of 2199 usd……  So I would be fine with cashing out my chips.  this gear has been harder to run so lets get rid of it.

   My vote is sell  it all.  r9-r10-r11-r12.      my vote for r5+ r6 remains sell 1 keep 1.

Report to moderator  
https://cex.io/r/1/philipma1957/0/




We are talking sell on buy r9-10-11-12.  


    I voted a full sale there due to the gear being a bit flakey compared to the KNC in this buy.  My vote here is sell one and keep one.      I wish all my investments had these problems. LOL

[floatyfish]

24 Hour BTC | 0.46291900  

I still dont get it why we need to sell for another 16 days , Cointera & Hashfast have not delivered any thing yet.

the argument for selling 1 and keeping 1 is based not on difficulty but on BTC price.    If the BTC drops to 100 usd like it was in sept we really fucked up  if we keep both machines.  As always  I am in the sell one and keep one camp.  thus leveling the price risk somewhat.

  I do agree that diff will be flat for 8 or 9 days.  But the nov KNC have shipped a  bit and ant miner is ramping up  30 x 180 plus 30 x 180 plus 120 x 180 is 180 x 180 is only 32th knc's nov gear is about 600th  .  so that is 632th or 10%.

   I think we jump 20%  from 707 to 850 diff.

  This will make the sell value on the knc drop so If we sell one we lower that risk.  Hey I made a profit so whatever people want is cool.  But there are downsides to just mining. As long as you are aware of the downsides  of just mining I am fine with you picking that over selling one of two.

the latest listings show the the 25k price point is no longer around.   we had an offer for 23k right now ebay would be 17 or 18k.

http://www.ebay.com/sch/i.html?_trksid=p2050601.m570.l1313.TR0.TRC0.Xknc+miner&_nkw=knc+miner&_sacat=0&_from=R40


people saw the price of btc go all over the place on sunday and now are afraid to buy a machine at 25k.  hey don't worry in a day or two the btc price could go up  to 1500usd and the knc price on ebay could go to 30,000.  just remember this is a winning group buy and be happy

BTC will probably be around 2k end of this week begining of next

Where do you get that idea. This seems like a nice spot for a 90 day or so plateau. In my clueless opinion anyway.

Internal sources that we are currently testing. (Hasn't been wrong the past month so I'm not thinking this info is wrong)

Internal sources that you're testing? Are they androids with the ability to predict the future?

Highly possible

Will there be a group buy (or rather, group funding) so we can get some of the profits from selling these bad boys? 

[Ashitank]

24 Hour BTC | 0.46291900 

I still dont get it why we need to sell for another 16 days , Cointera & Hashfast have not delivered any thing yet.

At this rate, BFL will be the next company to ship something.

 

Not heard any news on that happening yet from a close , inside source at BFL 

[Ashitank]

24 Hour BTC | 0.46291900  

I still dont get it why we need to sell for another 16 days , Cointera & Hashfast have not delivered any thing yet.

the argument for selling 1 and keeping 1 is based not on difficulty but on BTC price.    If the BTC drops to 100 usd like it was in sept we really fucked up  if we keep both machines.  As always  I am in the sell one and keep one camp.  thus leveling the price risk somewhat.

  I do agree that diff will be flat for 8 or 9 days.  But the nov KNC have shipped a  bit and ant miner is ramping up  30 x 180 plus 30 x 180 plus 120 x 180 is 180 x 180 is only 32th knc's nov gear is about 600th  .  so that is 632th or 10%.

   I think we jump 20%  from 707 to 850 diff.

  This will make the sell value on the knc drop so If we sell one we lower that risk.  Hey I made a profit so whatever people want is cool.  But there are downsides to just mining. As long as you are aware of the downsides  of just mining I am fine with you picking that over selling one of two.

the latest listings show the the 25k price point is no longer around.   we had an offer for 23k right now ebay would be 17 or 18k.

http://www.ebay.com/sch/i.html?_trksid=p2050601.m570.l1313.TR0.TRC0.Xknc+miner&_nkw=knc+miner&_sacat=0&_from=R40


people saw the price of btc go all over the place on sunday and now are afraid to buy a machine at 25k.  hey don't worry in a day or two the btc price could go up  to 1500usd and the knc price on ebay could go to 30,000.  just remember this is a winning group buy and be happy

Till we are making BTC without being in loss I dont see the point to sell , if BTC goes to 1800$ tomorrow & difficulty it still bearable for us , then it further reduces our chances of selling , why throw away our cash cow ...ehh mm ... i mean miner. Easy & simple way of going forward.   

[philipma1957]

24 Hour BTC | 0.46291900  

I still dont get it why we need to sell for another 16 days , Cointera & Hashfast have not delivered any thing yet.

the argument for selling 1 and keeping 1 is based not on difficulty but on BTC price.    If the BTC drops to 100 usd like it was in sept we really fucked up  if we keep both machines.  As always  I am in the sell one and keep one camp.  thus leveling the price risk somewhat.

  I do agree that diff will be flat for 8 or 9 days.  But the nov KNC have shipped a  bit and ant miner is ramping up  30 x 180 plus 30 x 180 plus 120 x 180 is 180 x 180 is only 32th knc's nov gear is about 600th  .  so that is 632th or 10%.

   I think we jump 20%  from 707 to 850 diff.

  This will make the sell value on the knc drop so If we sell one we lower that risk.  Hey I made a profit so whatever people want is cool.  But there are downsides to just mining. As long as you are aware of the downsides  of just mining I am fine with you picking that over selling one of two.

the latest listings show the the 25k price point is no longer around.   we had an offer for 23k right now ebay would be 17 or 18k.

http://www.ebay.com/sch/i.html?_trksid=p2050601.m570.l1313.TR0.TRC0.Xknc+miner&_nkw=knc+miner&_sacat=0&_from=R40


people saw the price of btc go all over the place on sunday and now are afraid to buy a machine at 25k.  hey don't worry in a day or two the btc price could go up  to 1500usd and the knc price on ebay could go to 30,000.  just remember this is a winning group buy and be happy

Till we are making BTC without being in loss I dont see the point to sell , if BTC goes to 1800$ tomorrow & difficulty it still bearable for us , then it further reduces our chances of selling , why throw away our cash cow ...ehh mm ... i mean miner. Easy & simple way of going forward.   

it is why  I don't fully disagree with you .  my keep 1 sell 1 would be half right and half wrong.

 your keep both would be all right or all wrong..  on the all right side it could be a lot of money.  and if coins spike up to 2000 people would pay 35k for a knc.

  also the knc run better then the black arrows.  so keeping them is not a terrible idea.

[Ashitank]

Lets hold till 16/12/13 & not every body here has got shares in both r5 & r6 so I hope you understand every ones perspective as well 

[DyslexicZombei]

OK - here is the R5 and R6 December 1st payout info.   The coins will be winging their way to your wallets shortly

In USD terms, the R5 and R6 machines are still generating $15,000 worth of BTC every two weeks - they should remain profitable for at least another 6-8 weeks..


 

That's amazing that in USD ROI terms, just this half month almost generated more per share than we paid for 1 share, thanks to Bitcoin's rise in value, and thanks to other manufacturers not shipping miners yet.

The majority voted to sell this miner and we will if that's what the majority want.

We could probably get $18K-ish for it. For the sake of simple math: Assuming each miner makes $15K each month, that $18K only represents about 5-6 weeks worth of mining at current BTC values.

Shall we still sell or revisit this in a few weeks?

[czspeedycz]

I dont understand, why almost everybody calculate with bitcoin price. The price (mainly increase) wont affect us, if we sell it or not. The only thing that matter is difficulty. If we sell it and difficulty goes down, then we made mistake (highly unprobable). We can mine around 12-17 BTC this year and about 23-40 BTC at all. So if we sold it at $28k, we could earn about 28 BTC now! Thats almost the same amount we can mine next year. Again, the price of BTC affect us only, if it goes down. But when we have our bitcoins in hand, we can decide, if we want to hold them or sell them. Not with BTC which will be mined in two, three months.