Bitcoin Forum
May 13, 2024, 11:07:03 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: buying a used kncminer Jupiter  (Read 455 times)
1giantrobot (OP)
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
December 13, 2013, 08:08:17 PM
 #1

I'm considering buying a used Jupiter that is for sale.  I would like to avoid problems and I'm hoping some folks with experience can point out any issues I might have. 
The first question is simple: Is there any obvious reason I shouldn't buy it?  I've run the numbers on the genesis block and should be able to turn a profit based on what I'm paying for the miner, barring a price crash.
What are some other things I should consider?
Thanks.
1715598423
Hero Member
*
Offline Offline

Posts: 1715598423

View Profile Personal Message (Offline)

Ignore
1715598423
Reply with quote  #2

1715598423
Report to moderator
The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
cunixion
Newbie
*
Offline Offline

Activity: 48
Merit: 0


View Profile
December 14, 2013, 02:49:02 AM
 #2

allow for 1000Watts power requirements.
mjc
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500


Available on Kindle


View Profile WWW
December 14, 2013, 03:14:18 AM
Last edit: December 14, 2013, 03:27:47 AM by mjc
 #3

Here is a simple formula to use.

How many BTC will you have if you buy Bitcoins today with the same amount of money?

How many Bitcoins can you earn with the miner?

If equal buy Bitcoins .

If fewer by mining buy Bitcoins .

If more with mining and you are confident in the values you used when estimating, then consider buying the mining equipment.

For more check out my blog: http://bitcoinsbs.wordpress.com/2013/12/13/do-i-mine-or-not/

Kindle : Bitcoin Step by Step (2nd Ed) : http://www.amazon.com/Bitcoin-Step-by-ebook/dp/B00A1CUQQU
Kindle : Bitcoin Mining Step by Step : http://www.amazon.com/Bitcoin-Step-by-ebook/dp/B00A1CUQQU
Facebook :  https://www.facebook.com/BitcoinStepByStep     Twitter : @BitcoinSbS
4chanme
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
December 14, 2013, 03:24:11 AM
 #4

you should invest into something better
stompix
Legendary
*
Offline Offline

Activity: 2884
Merit: 6323


Blackjack.fun


View Profile
December 14, 2013, 03:53:02 AM
 #5

you should invest into something better

Define better?
What did you compare , so you think something is better that the offer he has ?
He didn't even mentioned the price!!!!

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!