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Author Topic: More insane prices for Miners  (Read 1186 times)
Somekindabitcoin (OP)
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March 27, 2014, 03:24:17 AM
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http://www.ebay.com/itm/New-Year-sale-Avalon-ASIC-Bitcoin-BTC-miner-200-GH-s-New-Model-IN-HAND-low-Price-/370975642311?pt=LH_DefaultDomain_0&hash=item565fdf12c7

This person sold four 200 GH/s Avalons for 4,500 each.

http://www.ebay.com/itm/ASIC-Bitcoin-BTC-miner-1TH-s-Networked-5-machines-Avalon-Chipset-In-Stock-USA-/390739268684?pt=LH_DefaultDomain_0&hash=item5af9e0144c

A whopping 11,000 dollars for only a 1 TH/s miner and it was bought this month!



Well, I hope you guys learned something from this. The moral? You can sell things you bought for around a thousand dollars and who knows how big of a fortune you could make.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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March 27, 2014, 05:28:40 AM
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All I can say is good for him..
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March 27, 2014, 06:36:01 AM
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http://www.ebay.com/itm/New-Year-sale-Avalon-ASIC-Bitcoin-BTC-miner-200-GH-s-New-Model-IN-HAND-low-Price-/370975642311?pt=LH_DefaultDomain_0&hash=item565fdf12c7

This person sold four 200 GH/s Avalons for 4,500 each.

http://www.ebay.com/itm/ASIC-Bitcoin-BTC-miner-1TH-s-Networked-5-machines-Avalon-Chipset-In-Stock-USA-/390739268684?pt=LH_DefaultDomain_0&hash=item5af9e0144c

A whopping 11,000 dollars for only a 1 TH/s miner and it was bought this month!



Well, I hope you guys learned something from this. The moral? You can sell things you bought for around a thousand dollars and who knows how big of a fortune you could make.

It is crazy

When I hear that you can't make ROI mining, I have always answer that you can make money out of mining if you can buy a miner cheaply and sell it back for the same amount or more on ebay a few weeks after but you mostly make money by fliping the miner

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March 27, 2014, 06:46:24 AM
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The reason for this is Ebay's ridiculous fees, which are 10% of the sale

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March 27, 2014, 12:30:25 PM
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The reason for this is Ebay's ridiculous fees, which are 10% of the sale

lets not forget ebay owns paypal which also takes about 3% as well. That is why I stopped selling most stuff on ebay and use it as a last resort the fees are outrageous
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March 30, 2014, 10:55:24 AM
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Why do you mine if you need more and more hashpower, the difficulty rises and bitcoin turns down?Huh? It will cost you a fortune!!! You will have no ROI for sure!!

Ofcourse, but some noobs dont understand this
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March 30, 2014, 03:47:31 PM
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http://www.ebay.com/itm/New-Year-sale-Avalon-ASIC-Bitcoin-BTC-miner-200-GH-s-New-Model-IN-HAND-low-Price-/370975642311?pt=LH_DefaultDomain_0&hash=item565fdf12c7

This person sold four 200 GH/s Avalons for 4,500 each.

http://www.ebay.com/itm/ASIC-Bitcoin-BTC-miner-1TH-s-Networked-5-machines-Avalon-Chipset-In-Stock-USA-/390739268684?pt=LH_DefaultDomain_0&hash=item5af9e0144c

A whopping 11,000 dollars for only a 1 TH/s miner and it was bought this month!



Well, I hope you guys learned something from this. The moral? You can sell things you bought for around a thousand dollars and who knows how big of a fortune you could make.

This looks like money laundering to me, no way any real ebay buyer paid that much.
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