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Author Topic: SOLD OUT Bitforce singles for immediate delivery. $799 in BTC + shipping  (Read 3703 times)
Fjordbit (OP)
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June 19, 2012, 04:47:11 PM
Last edit: June 23, 2012, 08:13:20 PM by Fjordbit
 #1

Am sold out of the BitForce Singles I had for sale. These were delivered to me last week. I actually ordered 30, and I've unboxed all of them, want to keep 17, and have sold 13.
 
I am selling each of these for $799 in bitcoin. It is an additional $20 in shipping (US only), and I can fit 3 in a box. They will be sent priority mail. This will get them to you in 3-4 business days as opposed to 2 months or more waiting for Butterfly to fullfill your order. These took 75 days to fulfill and in that time at the current difficulty, one of these units will produce 36.351 bitcoins (about $243).

In addition, Butterfly has announced that you will be able to use these units for a $599 trade in for their upcoming ASIC units. Mine now at the lower difficulty rates and then trade in when the next generation is available:
http://news.yahoo.com/butterfly-labs-announces-next-generation-asic-lineup-054626776.html
http://www.butterflylabs.com/bitforce-sc-release-notes/

Thanks,
Fjordbit

All of these are tested running the 832 flash with no throttling. I will wrap them back up into the bubble wrap that came with them and send them priority mail with tracking.

Images at http://imgur.com/a/Qw3Xs

Edit: I decided to keep 17 instead of 10. Sorry to change this (I did say originally that I might want to keep more), but this will work out the best for me.
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bulanula
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June 19, 2012, 05:53:27 PM
 #2

Nice $200 markup mate !

Hope you get rich !

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crazyates
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June 19, 2012, 05:58:01 PM
 #3

At 6.5, that's 123BTC. That's what I paid for mine from BFL less than a month ago!

Tips? 1crazy8pMqgwJ7tX7ZPZmyPwFbc6xZKM9
Previous Trade History - Sale Thread
Fjordbit (OP)
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June 19, 2012, 06:02:01 PM
 #4

Nice $200 markup mate !

You have to consider the opportunity cost in waiting. For one thing, BFL is saying that they aren't working on any more Single orders to focus on the Rig deliveries, so you could order from them and hope to get it in 3 months.
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June 19, 2012, 06:20:23 PM
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Nice $200 markup mate !

You have to consider the opportunity cost in waiting. For one thing, BFL is saying that they aren't working on any more Single orders to focus on the Rig deliveries, so you could order from them and hope to get it in 3 months.

I like it. A cool $4000 profit for doing absolutely nothing.

Can you make a GLBSE thing so we can invest ?

Also, worth mentioning that BFL tradein works even if you are not the original buyer, so more power to you Fjordbit.

Where are you located for shipping costs !
crazyates
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June 19, 2012, 06:27:27 PM
 #6

Nice $200 markup mate !

You have to consider the opportunity cost in waiting. For one thing, BFL is saying that they aren't working on any more Single orders to focus on the Rig deliveries, so you could order from them and hope to get it in 3 months.

I like it. A cool $4000 profit for doing absolutely nothing.

Can you make a GLBSE thing so we can invest ?

Also, worth mentioning that BFL tradein works even if you are not the original buyer, so more power to you Fjordbit.

Where are you located for shipping costs !

Absolutely nothing? He had to front tens thousands of dollars up front, something that is not trivial.

Tips? 1crazy8pMqgwJ7tX7ZPZmyPwFbc6xZKM9
Previous Trade History - Sale Thread
Definit
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June 19, 2012, 06:30:11 PM
Last edit: June 19, 2012, 06:44:43 PM by Definit
 #7

I wonder what the expected wait time for trade-in's will be though, lol.

& then figure time lost without singles as they are being shipped to bfl...

then the time lost waiting for the asic's you traded for to be shipped to you...


and Shipping costs more then likely to & from bfl.


LOSS at any rate... lol...

rather just wait for bfl to take pre-order n wait.

add all that up.
Fjordbit (OP)
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June 19, 2012, 06:49:14 PM
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I like it. A cool $4000 profit for doing absolutely nothing.

I am giving up the ability to use these to mine over the next several weeks. If I were to take the money and order another Single with it, I would bet that I would come out behind.

Where are you located for shipping costs !

I'm in Florida, but I'm using flat rate priority shipping.
Fjordbit (OP)
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June 19, 2012, 07:28:10 PM
 #9

rather just wait for bfl to take pre-order n wait.

Given the delays BFL has had in the past in delivering, it's probably better to mine until they ship a unit, and then trade in.
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June 19, 2012, 08:29:45 PM
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I'm in Florida and I'll buy all of them. I'll pm you.
stevegee58
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June 19, 2012, 08:51:00 PM
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I'll wait for the current gen singles to hit the refurb market for $100 each after the trade-in program gets started.

You are in a maze of twisty little passages, all alike.
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June 19, 2012, 11:08:54 PM
 #12

I'll wait for the current gen singles to hit the refurb market for $100 each after the trade-in program gets started.
That makes no sense.  They will be according to BFL worth $599 towards new hardware. No one would keep em when they could trade in.  I doubt BFL will sell them for $100.

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June 19, 2012, 11:36:15 PM
 #13

I'll wait for the current gen singles to hit the refurb market for $100 each after the trade-in program gets started.
That makes no sense.  They will be according to BFL worth $599 towards new hardware. No one would keep em when they could trade in.  I doubt BFL will sell them for $100.

They'll go for whatever people are willing to pay for them.  Warmed-over leftovers aren't worth much.

You are in a maze of twisty little passages, all alike.
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June 20, 2012, 12:03:04 AM
 #14

Fjordbit,

I'll take one and I'll send the BTC to the address you PM.

thanks
Fjordbit (OP)
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June 20, 2012, 12:13:16 AM
 #15

Fjordbit,

I'll take one and I'll send the BTC to the address you PM.

thanks

Got it, I'll send it tomorrow, as agreed.
sadpandatech
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June 20, 2012, 12:27:45 AM
Last edit: June 20, 2012, 02:20:30 AM by sadpandatech
 #16

I'll wait for the current gen singles to hit the refurb market for $100 each after the trade-in program gets started.
That makes no sense.  They will be according to BFL worth $599 towards new hardware. No one would keep em when they could trade in.  I doubt BFL will sell them for $100.

They'll go for whatever people are willing to pay for them.  Warmed-over leftovers aren't worth much.


at that point you can get 3.5GH for $149. That would make one of these worth about $35 in comparison.

If you're not excited by the idea of being an early adopter 'now', then you should come back in three or four years and either tell us "Told you it'd never work!" or join what should, by then, be a much more stable and easier-to-use system.
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It is being worked on by smart people.  -DamienBlack
stevegee58
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June 20, 2012, 12:55:47 AM
 #17


at that point you can get 3.5GH for $149. That would make ones of these worth about $35 in comparison.

Woo hoo!  Happy days!

You are in a maze of twisty little passages, all alike.
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June 20, 2012, 04:40:22 AM
 #18

this is a joke lol
http://news.yahoo.com/butterfly-labs-announces-next-generation-asic-lineup-054626776.html

Fjordbit (OP)
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June 20, 2012, 12:57:57 PM
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Yeah, I linked to that in my posting. This is great news for BFL Single owners. That release says that you will get 100% of your value (in this case $599) on a trade in for ASIC equipment with BFL,

The FAQ confirms this applies to second hand items:
http://www.butterflylabs.com/bitforce-sc-faq/

"Upon release of BitForce SC based Singles & Mini Rigs, all previous generation BitForce products will enjoy a full 100% trade in value when used towards the purchase of the newer generation replacements.  This means your current device is protected from depreciation through this evolution in technology.  This buy back offer is good for all previous generation BitForce units whether purchased directly from us or from a third party."
Bitcoin Oz
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June 20, 2012, 01:12:25 PM
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Yeah, I linked to that in my posting. This is great news for BFL Single owners. That release says that you will get 100% of your value (in this case $599) on a trade in for ASIC equipment with BFL,

The FAQ confirms this applies to second hand items:
http://www.butterflylabs.com/bitforce-sc-faq/

"Upon release of BitForce SC based Singles & Mini Rigs, all previous generation BitForce products will enjoy a full 100% trade in value when used towards the purchase of the newer generation replacements.  This means your current device is protected from depreciation through this evolution in technology.  This buy back offer is good for all previous generation BitForce units whether purchased directly from us or from a third party."

You will only get 1:1 though

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