Topic: [ANN] Bi•Fury | 5 GH/s USB Miner [IN STOCK!] {SALE !} - page 29. (Read 305017 times)
Will you accept payment from coinbase?
Smartest thing to do is to mine with these for max. 1 month and then put it on sale for Ebay. Everything you mine in the first month will be pure profit because you will be able to sell on Ebay for the same price you bought it for (or even get more). There are a lot of buyers who don't calculate the rising difficulty and will buy it for you for way too expensive.
Look at the Jalapenos of 5 Gh that are being sold for €350, totally ridiculous.
I also see it currently with KNCminers on Ebay. The Mercury which you could buy for €2000 has been sold this week for €2700 !
And besides that the guy has mined with it for a couple of weeks!
Look at the Jalapenos of 5 Gh that are being sold for €350, totally ridiculous.
I also see it currently with KNCminers on Ebay. The Mercury which you could buy for €2000 has been sold this week for €2700 !
And besides that the guy has mined with it for a couple of weeks!
The eBay market for ASIC miners is not nearly as good today as it was yesterday (last week, last month, etc)! Every day, the final sell price for miners drops considerably. It seems eBay buyers are finally wising up. BFL Singles are often selling for well below retail price.
well bfl singles are not the best gear to use as a price gauge. it had 2 price points the older buyers and the newer buyers.. It is expensive at either price IIRC first 1249 then 2499 usd in april 2013.
The beauty of a stick or even a hub of sticks is the lure of free power. Many dorms and apartments have free power. so a hub of 10x 5gh sticks burning 50-70 watts with a quiet fan has a big value compared to a loud single burning 350-400 watts.
I could sell these for a good price on ebay 1.5x-2x the price of a single per gh.
http://www.ebay.com/itm/Butterfly-Labs-BFL-Single-60-GH-s-ASIC-Bitcoin-Miner-IN-HAND-READY-TO-SHIP-/131035789127?pt=CPUs&hash=item1e82577747
this is the lowest buy-it-now 60gh for 1375 or 22usd a gh.
I know a 5gh stick will sell for 150 200 or 30- 40 usd a gh. why one stick even 2 3 or 4 can vanish power wise at a college dorm. so the value is far better then a loud bfl single.
So can this miners mine all them SHA-256 alt coins like PPC, Zetacoin, TGC ?
Yes.
So can this miners mine all them SHA-256 alt coins like PPC, Zetacoin, TGC ?
Smartest thing to do is to mine with these for max. 1 month and then put it on sale for Ebay. Everything you mine in the first month will be pure profit because you will be able to sell on Ebay for the same price you bought it for (or even get more). There are a lot of buyers who don't calculate the rising difficulty and will buy it for you for way too expensive.
Look at the Jalapenos of 5 Gh that are being sold for €350, totally ridiculous.
I also see it currently with KNCminers on Ebay. The Mercury which you could buy for €2000 has been sold this week for €2700 !
And besides that the guy has mined with it for a couple of weeks!
Look at the Jalapenos of 5 Gh that are being sold for €350, totally ridiculous.
I also see it currently with KNCminers on Ebay. The Mercury which you could buy for €2000 has been sold this week for €2700 !
And besides that the guy has mined with it for a couple of weeks!
The eBay market for ASIC miners is not nearly as good today as it was yesterday (last week, last month, etc)! Every day, the final sell price for miners drops considerably. It seems eBay buyers are finally wising up. BFL Singles are often selling for well below retail price.
Has anybody done the math (assuming plausible difficulty increases, electricity price, etc) to determine a theoretical break even price for these?
I think paying break even is reasonable given the strong demand for better mining gear, offset by the massive risks of BTC price volatility and skyrocketing difficulty.
Getting people to pay above break even is a recipe for failure, as many other posters have alluded to. To buy or not to buy should be an economically rational decision....
I think paying break even is reasonable given the strong demand for better mining gear, offset by the massive risks of BTC price volatility and skyrocketing difficulty.
Getting people to pay above break even is a recipe for failure, as many other posters have alluded to. To buy or not to buy should be an economically rational decision....
It doesn't make sense to put your capital at risk merely to break even.
Of course it doesn't make sense, but I suspect break even is a price the market will bear.
Smartest thing to do is to mine with these for max. 1 month and then put it on sale for Ebay. Everything you mine in the first month will be pure profit because you will be able to sell on Ebay for the same price you bought it for (or even get more). There are a lot of buyers who don't calculate the rising difficulty and will buy it for you for way too expensive.
Look at the Jalapenos of 5 Gh that are being sold for €350, totally ridiculous.
I also see it currently with KNCminers on Ebay. The Mercury which you could buy for €2000 has been sold this week for €2700 !
And besides that the guy has mined with it for a couple of weeks!
Look at the Jalapenos of 5 Gh that are being sold for €350, totally ridiculous.
I also see it currently with KNCminers on Ebay. The Mercury which you could buy for €2000 has been sold this week for €2700 !
And besides that the guy has mined with it for a couple of weeks!
Has anybody done the math (assuming plausible difficulty increases, electricity price, etc) to determine a theoretical break even price for these?
I think paying break even is reasonable given the strong demand for better mining gear, offset by the massive risks of BTC price volatility and skyrocketing difficulty.
Getting people to pay above break even is a recipe for failure, as many other posters have alluded to. To buy or not to buy should be an economically rational decision....
I think paying break even is reasonable given the strong demand for better mining gear, offset by the massive risks of BTC price volatility and skyrocketing difficulty.
Getting people to pay above break even is a recipe for failure, as many other posters have alluded to. To buy or not to buy should be an economically rational decision....
It doesn't make sense to put your capital at risk merely to break even.
Bingo, and the first vendor to get chips, produce hardware, and sell between the parts price and the ROI point will bank. Seems like everyone who has gotten greedy has just managed to produce themselves a bunch of hardware.
Has anybody done the math (assuming plausible difficulty increases, electricity price, etc) to determine a theoretical break even price for these?
I think paying break even is reasonable given the strong demand for better mining gear, offset by the massive risks of BTC price volatility and skyrocketing difficulty.
Getting people to pay above break even is a recipe for failure, as many other posters have alluded to. To buy or not to buy should be an economically rational decision....
I think paying break even is reasonable given the strong demand for better mining gear, offset by the massive risks of BTC price volatility and skyrocketing difficulty.
Getting people to pay above break even is a recipe for failure, as many other posters have alluded to. To buy or not to buy should be an economically rational decision....
It doesn't make sense to put your capital at risk merely to break even.
Has anybody done the math (assuming plausible difficulty increases, electricity price, etc) to determine a theoretical break even price for these?
I think paying break even is reasonable given the strong demand for better mining gear, offset by the massive risks of BTC price volatility and skyrocketing difficulty.
Getting people to pay above break even is a recipe for failure, as many other posters have alluded to. To buy or not to buy should be an economically rational decision....
I think paying break even is reasonable given the strong demand for better mining gear, offset by the massive risks of BTC price volatility and skyrocketing difficulty.
Getting people to pay above break even is a recipe for failure, as many other posters have alluded to. To buy or not to buy should be an economically rational decision....
If the price is right for this product then these will be the new erupters. I hope the seller isnt too stupid too overprice them and let the project fail.
Waiting Price 
Do we know the price yet?
Looking forward to this product, looks very promising.
definitely will be following this thread now 
looks like great work thus far...
looks like great work thus far...
5000/335= 14.9 AM BEs
14.9*0.035= 0.52
I expect at least 0.5 BTC.
14.9*0.035= 0.52
I expect at least 0.5 BTC.
You also have to consider that you need ports for 14-15 block erupters. An additional cost
The problem is that at each level there is an upsell - and unfortunately right now it is the chip makers who are selling chips / pre-sold chips at such an unreasonable price that custom hardware makers have no choice but to charge more than items are worth to even cover their own costs. Of course we're all sitting here hoping this is a different story and items are priced to roughly match diff expectation vs. btc price, etc.
5000/335= 14.9 AM BEs
14.9*0.035= 0.52
I expect at least 0.5 BTC.
14.9*0.035= 0.52
I expect at least 0.5 BTC.
These units will never earn back more then 0.3BTC if delivered by next diff update.
http://btcinvest.net/en/bitcoin-mining-profit-calculator.php?diff=390928787.63809&dcosts=8000&diff_mincrease=30&blpbtc=25&dhsmhs=5000&diff_mincreasedecrease=3&btcusd=190.75&dpowcon=30&btcusd_mincrease=1&pcost=0.25&calcweeks=32&dleadtime=1&action=calc
If they are priced over 0.3BTC then they will be insanely overpriced, and a terrible investment.
http://btcinvest.net/en/bitcoin-mining-profit-calculator.php?diff=390928787.63809&dcosts=8000&diff_mincrease=30&blpbtc=25&dhsmhs=5000&diff_mincreasedecrease=3&btcusd=190.75&dpowcon=30&btcusd_mincrease=1&pcost=0.25&calcweeks=32&dleadtime=1&action=calc
If they are priced over 0.3BTC then they will be insanely overpriced, and a terrible investment.
Yea it's pretty amazing how totally unprofitable mining is now, only people making money are early adopters and hardware companies.
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