Buying a new 2Th miner

[firewire2013]

Hello all!

I really want to buy a 2Th miner but the prices are so high, once electric and rising difficulty are factored in the unit will never make ROI.

Currently I have seen a few offer flying around on ebay but the seller wont except PayPal and he says it only 2-3 weeks old and currently mining at 2Th.

http://www.ebay.co.uk/itm/2TH-2-TH-s-2000-GH-s-Bitcoin-ASIC-Miner-Mining-Rig-KNC-BFL-Antminer-In-hand-UK-/161439580085?pt=LH_DefaultDomain_3&hash=item25968c7fb5

I have managed to knock him down to £1000 cash on collection but to be honest something just doesn't real right, wont except PayPal or Visa card. Both would provide some level of protection if the unit when belly up.

The other place I have been looking is Alibaba and what wild place that is!

A company called Shenzhen Semtong Technologies Co. Ltd. has emailed me by this morning:

Offer 1 with shipping to UK (door to door)
Unit x1              $1450
DHL                  $159
Sub Total           $1609
Shipping Tax 9% $144.81
VAT Tax  20%     $350.76
Total                 $2104.57

I added the all the UK taxes and was amazed that even from China the price was around the same as UK price.

So I sent back an email to China explaining the price was too high and they immediately returned with a lower one

Offer 2 with shipping to UK (door to door)
Unit x1              $1360
DHL                  $140
Sub Total           $1500
Shipping Tax 9% $135
VAT Tax  20%     $327
Total                 $1962

Again I have added all the UK taxes. Surprisingly to company came back and said

" About the custom, usually we write a lower value in the invoice for shipping and custom. Such like $200. It always works "

Yeah I'm all for saving money but that to me just sounds unprofessional and didnt do much for confendnece building, also I don't think UK Boarder Control are that stupid!

They said delivery would be 1-2 days after payment so i thinking about 7-10 days to my door at the very latest.

The miner they are selling is:

http://semtong.en.alibaba.com/product/2010370288-800149340/A1_Coincraft_2Th_s_Bitcoin_miner_2000gh_s_in_stock_7_years_Golden_member_suppier.html

So i'm guessing the more I push the lower the price will get, i'm interested to know what other peeps are paying for this type of machine and where they got it from. I'm not looking to make millions of pounds but I would at least like to achieve ROI with I little bit of extra bitcoin.

Thanks for reading


James

[Peter882]

Not sure if the companies you contacted with are legit or not, but I would rather do business with more reputable companies.
For example, you can get a S4 from Bitmain, or join the ASICMiner Prisma GB.

[jonnybravo0311]

Definitely do NOT go with that eBay sale.  You will get zero protection from them if you arrange payment terms other than what they accept (PayPal, etc).

Look to see if there are any EU group buys in the forums or any EU private sales in the marketplace forum.

[xstr8guy]

Did I read that right? You're actually contemplating making a purchase from some company that sent you an unsolicited email?   

You deserve what's coming to you.

[ChuckBuck]

That's a gross price bro!  NEVER BUY YOUR MINING SH#T from eBay, you're better off buying in this forum.

Buy one of these if you're serious about mining:

CrazyGuy:
https://bitcointalk.org/index.php?topic=795477.0

Canaryinthemine:

https://bitcointalk.org/index.php?topic=795609.0

Beastlymac (EU):

https://bitcointalk.org/index.php?topic=769335.0

[firewire2013]

Did I read that right? You're actually contemplating making a purchase from some company that sent you an unsolicited email?   

You deserve what's coming to you.

 

No you did not read right and before I would even part with any cash I would ask a professionals advice. The email wasnt unsolicited, I contacted them through Alibaba for a quote, Im simply relaying the information to this site.
The ebay sale is obviously a no go I was simply asking about prices and where to buy. Yes I bartered him down but only for reconnaissance.

This is a first large purchase for me HENCE the reason I am here asking for advice.

Thankyou all for replying.

James

[firewire2013]

That's a gross price bro!  NEVER BUY YOUR MINING SH#T from eBay, you're better off buying in this forum.

Buy one of these if you're serious about mining:

CrazyGuy:
https://bitcointalk.org/index.php?topic=795477.0

Canaryinthemine:

https://bitcointalk.org/index.php?topic=795609.0

Beastlymac (EU):

https://bitcointalk.org/index.php?topic=769335.0

Thankyou very much for this information

[dairy100]

You can also try www.bitmainantminer.com or look on amazon. Amazon's a pretty safe place to shop at.

[firewire2013]

You can also try www.bitmainantminer.com or look on amazon. Amazon's a pretty safe place to shop at.

Amazon price seems too high, think best thing I can do is find a group buy..

[ChuckBuck]

You can also try www.bitmainantminer.com or look on amazon. Amazon's a pretty safe place to shop at.

Only buy from the official Bitmain site or one of the trusted sellers here:

https://www.bitmaintech.com/productDetail.htm?pid=00020140926075515819D846Og240603

Official resellers:

[Corenin]

Advice is don't buy any miner right now, even if its legit you will still not make money from it ....

[petahashminer]

Advice is don't buy any miner right now, even if its legit you will still not make money from it ....

[notlist3d]

The worst thing I have heard about this miner is airflow. If you plan on using multiple this has fans going out sides, instead of just back.   This will make it harder to make a row of them.   

If you plan on using multiple i would look at the dragon 1.5.  Or S3's.  Either way you will be able to direct airflow much better.

[BTCish]

If you buy now, you can still make profit, if the prices goes up again , and they will.

[ChuckBuck]

If you buy now, you can still make FIAT profit but not BTC profit, if the prices goes up again , and they will.

FTFY, still better off buying coin then wasting money, time, and energy mining.  Mining the equivalent Bitcoin you could've just purchased today instead of mining that same amount in either several months to a year to possibly never is the reality today.

[MelodyRowell]

Dont buy miner, buy Bitcoin instead, it is going to $400 now and soon to $500..

[CoinMojo]

I would say just mine using rig rental companies like NiceHash or BetaRigs.

You avoid the upfront cost and get get mining power when needed.

CoinMojo

[MelodyRowell]

I would say just mine using rig rental companies like NiceHash or BetaRigs.

You avoid the upfront cost and get get mining power when needed.

CoinMojo

Does renting rig give you a profit? I tried and get nothing back much..

[notlist3d]

I would say just mine using rig rental companies like NiceHash or BetaRigs.

You avoid the upfront cost and get get mining power when needed.

CoinMojo

Does renting rig give you a profit? I tried and get nothing back much..

I think it depends on what you rent.  I think Scrypt can be profitable if you hold.   But on SHA bitcoin is most profitable so often its hard for profitable rental.

[Zeta0S]

Hello all!

I really want to buy a 2Th miner but the prices are so high, once electric and rising difficulty are factored in the unit will never make ROI.

Currently I have seen a few offer flying around on ebay but the seller wont except PayPal and he says it only 2-3 weeks old and currently mining at 2Th.

http://www.ebay.co.uk/itm/2TH-2-TH-s-2000-GH-s-Bitcoin-ASIC-Miner-Mining-Rig-KNC-BFL-Antminer-In-hand-UK-/161439580085?pt=LH_DefaultDomain_3&hash=item25968c7fb5

I have managed to knock him down to £1000 cash on collection but to be honest something just doesn't real right, wont except PayPal or Visa card. Both would provide some level of protection if the unit when belly up.

The other place I have been looking is Alibaba and what wild place that is!

A company called Shenzhen Semtong Technologies Co. Ltd. has emailed me by this morning:

Offer 1 with shipping to UK (door to door)
Unit x1              $1450
DHL                  $159
Sub Total           $1609
Shipping Tax 9% $144.81
VAT Tax  20%     $350.76
Total                 $2104.57

I added the all the UK taxes and was amazed that even from China the price was around the same as UK price.

So I sent back an email to China explaining the price was too high and they immediately returned with a lower one

Offer 2 with shipping to UK (door to door)
Unit x1              $1360
DHL                  $140
Sub Total           $1500
Shipping Tax 9% $135
VAT Tax  20%     $327
Total                 $1962

Again I have added all the UK taxes. Surprisingly to company came back and said

" About the custom, usually we write a lower value in the invoice for shipping and custom. Such like $200. It always works "

Yeah I'm all for saving money but that to me just sounds unprofessional and didnt do much for confendnece building, also I don't think UK Boarder Control are that stupid!

They said delivery would be 1-2 days after payment so i thinking about 7-10 days to my door at the very latest.

The miner they are selling is:

http://semtong.en.alibaba.com/product/2010370288-800149340/A1_Coincraft_2Th_s_Bitcoin_miner_2000gh_s_in_stock_7_years_Golden_member_suppier.html

So i'm guessing the more I push the lower the price will get, i'm interested to know what other peeps are paying for this type of machine and where they got it from. I'm not looking to make millions of pounds but I would at least like to achieve ROI with I little bit of extra bitcoin.

Thanks for reading


James

Do not buy, you will not make 400 dollar back (if you got it at all)