ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH - page 204.

suchmoon

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https://bpip.org

Quote from: -droid- on November 17, 2015, 04:26:01 PM

Quote from: OgNasty on November 17, 2015, 04:01:58 PM

Quote from: Biodom on November 17, 2015, 03:17:24 PM

In my personal experience, I had just one return while selling bitcoin related items. I did not fight it and the item was returned in good shape.
re selling on btctalk-you are right, it is mostly useless for newer items, but OK for old or cheap stuff.

I sold a miner 1 time on ebay. Will never try it again. The buyer actually returned a different miner that had obviously been burned to hell. It was completely destroyed and wasn't even the same board revision #. I provided evidence to paypal showing the miner worked beforehand, showed evidence the miner that was returned was not the same miner that was sent, and tried to fight it. They sided with the buyer (they always do) and I was out a miner and the $. The kicker is that ebay/paypal even still took fees from me for ripping me off. I can honestly say that I believe ebay is the absolute worst possible way to sell a miner and if it wasn't for how awful paypal is, I and many others probably wouldn't have even discovered Bitcoin in the first place. If you haven't been stung by a scammer yet on ebay, you will.

i just sold some gear on ebay.. had a promo for $5 max final value fees and 30% off final value fees (whichever they decide to let me use)

buyer is located in another country but having me ship to an in country address (which is what shows on the paypal purchase details) and paypal shows that i am seller protected after they reviewed the payment. buyer mentioned he does this to circumvent customs fees by having his friend ship the units to him (probably listing them as very little value on the customs docs)

I made sure to add signature confirmation and took pics of the units as i was packaging them up

crossing my fingers it goes well, the buyer literally bought up the majority of what i had listed FS for a big chunk of $ which was kind of odd but we'll see

Return scam is much less likely with a foreign buyer (would cost them a lot to ship it back) but make sure to save those signature confirmation PDFs... the payment may turn out to be "unauthorized" 6 months down the road.

-droid-

legendary

Activity: 1050

Merit: 1001

Quote from: OgNasty on November 17, 2015, 04:01:58 PM

Quote from: Biodom on November 17, 2015, 03:17:24 PM

In my personal experience, I had just one return while selling bitcoin related items. I did not fight it and the item was returned in good shape.
re selling on btctalk-you are right, it is mostly useless for newer items, but OK for old or cheap stuff.

I sold a miner 1 time on ebay. Will never try it again. The buyer actually returned a different miner that had obviously been burned to hell. It was completely destroyed and wasn't even the same board revision #. I provided evidence to paypal showing the miner worked beforehand, showed evidence the miner that was returned was not the same miner that was sent, and tried to fight it. They sided with the buyer (they always do) and I was out a miner and the $. The kicker is that ebay/paypal even still took fees from me for ripping me off. I can honestly say that I believe ebay is the absolute worst possible way to sell a miner and if it wasn't for how awful paypal is, I and many others probably wouldn't have even discovered Bitcoin in the first place. If you haven't been stung by a scammer yet on ebay, you will.

i just sold some gear on ebay.. had a promo for $5 max final value fees and 30% off final value fees (whichever they decide to let me use)

buyer is located in another country but having me ship to an in country address (which is what shows on the paypal purchase details) and paypal shows that i am seller protected after they reviewed the payment. buyer mentioned he does this to circumvent customs fees by having his friend ship the units to him (probably listing them as very little value on the customs docs)

I made sure to add signature confirmation and took pics of the units as i was packaging them up

crossing my fingers it goes well, the buyer literally bought up the majority of what i had listed FS for a big chunk of $ which was kind of odd but we'll see

OgNasty

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Leading Crypto Sports Betting & Casino Platform

Quote from: Biodom on November 17, 2015, 03:17:24 PM

In my personal experience, I had just one return while selling bitcoin related items. I did not fight it and the item was returned in good shape.
re selling on btctalk-you are right, it is mostly useless for newer items, but OK for old or cheap stuff.

I sold a miner 1 time on ebay. Will never try it again. The buyer actually returned a different miner that had obviously been burned to hell. It was completely destroyed and wasn't even the same board revision #. I provided evidence to paypal showing the miner worked beforehand, showed evidence the miner that was returned was not the same miner that was sent, and tried to fight it. They sided with the buyer (they always do) and I was out a miner and the $. The kicker is that ebay/paypal even still took fees from me for ripping me off. I can honestly say that I believe ebay is the absolute worst possible way to sell a miner and if it wasn't for how awful paypal is, I and many others probably wouldn't have even discovered Bitcoin in the first place. If you haven't been stung by a scammer yet on ebay, you will.

Biodom

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Quote from: not.you on November 17, 2015, 03:03:34 PM

Quote from: Biodom on November 17, 2015, 02:44:53 PM

Quote from: not.you on November 17, 2015, 02:31:21 PM

I don't think that is true. You are not providing a warranty on used gear to work for 45 days. This is from ~~paypal~~ ebay:

http://pages.ebay.com/help/sell/return-policy.html
Important: Even if you specify "no returns accepted," under the eBay Money Back Guarantee the buyer can still return an item if it doesn't match the listing description. Learn more about what the eBay Money Back Guarantee means to sellers.
http://pages.ebay.com/resolutioncenter/BuyerProtectionForSellers.html

This is what it says on a listing when the seller does not offer return:
Seller does not offer returns. You are covered by the eBay Money Back Guarantee if you received an item that is not as described in the listing.

you are just being naive about it. the buyer does not need to elaborate on anything. "the item is not as described", no questions asked. what you described is a miner that hashes as specified. imagine the buyer having shitty PSU, then doing something inane in addition. case closed and you lose.
You can try to fight it, but will lose review in most cases-just ask around.
It is better to simply refund and hope that the item will be returned undamaged.
However, I don't think that the majority of buyers on ebay are unfair, but the higher is the price, the higher a probability of a deal going south, I believe, although I don't have hard numbers.

I see. So your interpretation of the ebay policy is for some reason a fact? Who says no questions asked? Besides you I mean?

Like Marvell1 I have sold (and bought) quite a bit of asic gear on ebay and never had a problem. Maybe I have been lucky. But you can be damn sure if it came to a forced return I would expect the customer to explain in detail why the listing was not as described. Having never had a problem I can't say what that would look like in terms of dealing with ebay arbitration but if they can force returns on sellers just because the buyer says so without any questions I would be pretty surprised (to put it mildly). Courts have a way of making these kinds of policies unworkable unless spelled out really clearly. They spelled out really clearly in both the policy as well as the listing that you can only return if the item is not as described. I am inclined to go with the actual meaning of those words as opposed to your interpretation that it means return anything for any reason.

see the OP above ^^^. You can fight it, but if you don't issue a prompt refund (at least after getting an item back), it would affect your seller ratings.
Everytime I sell something on ebay, I prepare for a return, which is not a good feeling especially since they simply take $ from you regardless of your opinion about it.
In my personal experience, I had just one return while selling bitcoin related items. I did not fight it and the item was returned in good shape.
re selling on btctalk-you are right, it is mostly useless for newer items, but OK for old or cheap stuff.

Marvell1

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Quote from: not.you on November 17, 2015, 03:03:34 PM

Quote from: Biodom on November 17, 2015, 02:44:53 PM

Quote from: not.you on November 17, 2015, 02:31:21 PM

I don't think that is true. You are not providing a warranty on used gear to work for 45 days. This is from ~~paypal~~ ebay:

http://pages.ebay.com/help/sell/return-policy.html
Important: Even if you specify "no returns accepted," under the eBay Money Back Guarantee the buyer can still return an item if it doesn't match the listing description. Learn more about what the eBay Money Back Guarantee means to sellers.
http://pages.ebay.com/resolutioncenter/BuyerProtectionForSellers.html

This is what it says on a listing when the seller does not offer return:
Seller does not offer returns. You are covered by the eBay Money Back Guarantee if you received an item that is not as described in the listing.

you are just being naive about it. the buyer does not need to elaborate on anything. "the item is not as described", no questions asked. what you described is a miner that hashes as specified. imagine the buyer having shitty PSU, then doing something inane in addition. case closed and you lose.
You can try to fight it, but will lose review in most cases-just ask around.
It is better to simply refund and hope that the item will be returned undamaged.
However, I don't think that the majority of buyers on ebay are unfair, but the higher is the price, the higher a probability of a deal going south, I believe, although I don't have hard numbers.

I see. So your interpretation of the ebay policy is for some reason a fact? Who says no questions asked? Besides you I mean?

Like Marvell1 I have sold (and bought) quite a bit of asic gear on ebay and never had a problem. Maybe I have been lucky. But you can be damn sure if it came to a forced return I would expect the customer to explain in detail why the listing was not as described. Having never had a problem I can't say what that would look like in terms of dealing with ebay arbitration but if they can force returns on sellers just because the buyer says so without any questions I would be pretty surprised (to put it mildly). Courts have a way of making these kinds of policies unworkable unless spelled out really clearly. They spelled out really clearly in both the policy as well as the listing that you can only return if the item is not as described. I am inclined to go with the actual meaning of those words as opposed to your interpretation that it means return anything for any reason.

yeah great points not that i am a big fan of ebay I hate thier fees and i see them as leeches, however i have had far more lucky selling stuff on EBAY than here and lightcointalk , Ebay allows you to reach a larger percentage of people who actually are not tire kickers and really want to buy something.

In regards to returns i think on disputes ebay weighs your rep as a seller vs the buyer. Ive had a buyer try to claim that they did not recive an item i shipped and ebay took my side based on my history and ratings. So i don;t think its a cut and dry as "buyer allways wins" if you are not selling alot on Ebay I get a feeling they pennalize you in these kinds of circumstances.

not.you

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Quote from: Biodom on November 17, 2015, 02:44:53 PM

Quote from: not.you on November 17, 2015, 02:31:21 PM

I don't think that is true. You are not providing a warranty on used gear to work for 45 days. This is from ~~paypal~~ ebay:

http://pages.ebay.com/help/sell/return-policy.html
Important: Even if you specify "no returns accepted," under the eBay Money Back Guarantee the buyer can still return an item if it doesn't match the listing description. Learn more about what the eBay Money Back Guarantee means to sellers.
http://pages.ebay.com/resolutioncenter/BuyerProtectionForSellers.html

This is what it says on a listing when the seller does not offer return:
Seller does not offer returns. You are covered by the eBay Money Back Guarantee if you received an item that is not as described in the listing.

you are just being naive about it. the buyer does not need to elaborate on anything. "the item is not as described", no questions asked. what you described is a miner that hashes as specified. imagine the buyer having shitty PSU, then doing something inane in addition. case closed and you lose.
You can try to fight it, but will lose review in most cases-just ask around.
It is better to simply refund and hope that the item will be returned undamaged.
However, I don't think that the majority of buyers on ebay are unfair, but the higher is the price, the higher a probability of a deal going south, I believe, although I don't have hard numbers.

I see. So your interpretation of the ebay policy is for some reason a fact? Who says no questions asked? Besides you I mean?

Like Marvell1 I have sold (and bought) quite a bit of asic gear on ebay and never had a problem. Maybe I have been lucky. But you can be damn sure if it came to a forced return I would expect the customer to explain in detail why the listing was not as described. Having never had a problem I can't say what that would look like in terms of dealing with ebay arbitration but if they can force returns on sellers just because the buyer says so without any questions I would be pretty surprised (to put it mildly). Courts have a way of making these kinds of policies unworkable unless spelled out really clearly. They spelled out really clearly in both the policy as well as the listing that you can only return if the item is not as described. I am inclined to go with the actual meaning of those words as opposed to your interpretation that it means return anything for any reason.

hawkfish007

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Quote from: not.you on November 17, 2015, 02:31:21 PM

Quote from: hawkfish007 on November 17, 2015, 01:52:56 PM

Quote from: -droid- on November 17, 2015, 01:49:55 PM

Quote from: Biodom on November 17, 2015, 01:43:27 PM

Quote from: not.you on November 17, 2015, 01:32:46 PM

One interesting thing to note about ROI is that for some reason bitcoin miners have an unreasonably high resell value on ebay. So an S7 in hand today (or soon) doesn't have to mine the full value back if you can resell it and:

resell amount + mining returns > cost + expenses

Of course with the halving coming up there may actually be a glut of miners hitting the resell market next year some time so timing a sale might be part of the equation if you go that route. But it's hard to predict what the halving will actually do. I would have thought the LTC halving would increase the value of LCT but it didn't really. If BTC follows the same pattern then mining will get much less profitable.

what is ebay return rate, i wonder? also, once you remove 13% fees, there is not much profit there either.
It seems that $400 level does not induce much fraud on ebay, but i don't know if $2000 does, especially since a buyer can make a mistake, then return for any reason at all.

theres options on your listing to select no returns.. also if you mention no returns in the listing as well thats twice being mentioned returns not offered.

can a buyer still return them after that?

Yes they can by claiming that the miner doesn't work within 45 days or PayPal refund window. You have no choice but to accept the return.

I don't think that is true. You are not providing a warranty on used gear to work for 45 days. This is from ~~paypal~~ ebay:

http://pages.ebay.com/help/sell/return-policy.html
Important: Even if you specify "no returns accepted," under the eBay Money Back Guarantee the buyer can still return an item if it doesn't match the listing description. Learn more about what the eBay Money Back Guarantee means to sellers.
http://pages.ebay.com/resolutioncenter/BuyerProtectionForSellers.html

This is what it says on a listing when the seller does not offer return:
Seller does not offer returns. You are covered by the eBay Money Back Guarantee if you received an item that is not as described in the listing.

You probably didn't had to go through eBay return process yet. This is from my experience, I sold B1 S7 on eBay after 40 days buyer started a return process on my no return eBay sale. I was given three choices :

1. Issue a return label at my own expense
2. Issue refund now or
3. Issue refund after receiving the item.

Not much choice.

RichBC

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Quote from: dmwardjr on November 17, 2015, 02:48:29 PM

Really? You're not even buying bitcoin anymore? It's easily going to $700 [Minimum] in my opinion just before the halving. Even if one thought it was going to $500 or $550 minimum just before the halving, it's worth buying on the next dip and hold until it gets to $500 to $550 [If one has the funds to spare in buying it].

Really hope you are right.

Would be interested in your theory as to why will see a rise, and why just before the halving?

We know that 1/2 the number of coins a Day will then be mined, but why does that mean the value increases? Also surely if there is a rise "Due" it will happen way ahead of the actual event?

Rich

Biodom

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Quote from: dmwardjr on November 17, 2015, 02:48:29 PM

Quote from: Biodom on November 17, 2015, 01:08:02 PM

i don't think that you can predict anymore. i run the numbers based on 10% rise during next 1-3 cycles, then 4%. As a result, there are $$ deficits by July IF bitcoin price is the same. If bitcoin goes to $700 by July, this will all be in +. I decided not to buy either bitcoin or miners anymore. I had my fill for 2015 already.

Really? You're not even buying bitcoin anymore? It's easily going to $700 [Minimum] in my opinion just before the halving. Even if one thought it was going to $500 or $550 minimum just before the halving, it's worth buying on the next dip and hold until it gets to $500 to $550 [If one has the funds to spare in buying it].

To be very honest, wifie complains that i overspent "our" money recently, and I somewhat agree as I spent quite a bit on B1-B6 (been greedy Grin

).
They will provide a bitcoin flow, hopefully, so i don't have to purchase more for cash and instead buy or lease her a Mini that she wants.
happy wife, happy life rule.

dmwardjr

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Technical Analyst/Trader

Quote from: Biodom on November 17, 2015, 01:08:02 PM

i don't think that you can predict anymore. i run the numbers based on 10% rise during next 1-3 cycles, then 4%. As a result, there are $$ deficits by July IF bitcoin price is the same. If bitcoin goes to $700 by July, this will all be in +. I decided not to buy either bitcoin or miners anymore. I had my fill for 2015 already.

Really? You're not even buying bitcoin anymore? It's easily going to $700 [Minimum] in my opinion just before the halving. Even if one thought it was going to $500 or $550 minimum just before the halving, it's worth buying on the next dip and hold until it gets to $500 to $550 [If one has the funds to spare in buying it].

Biodom

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Activity: 3892

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Quote from: not.you on November 17, 2015, 02:31:21 PM

Quote from: hawkfish007 on November 17, 2015, 01:52:56 PM

Quote from: -droid- on November 17, 2015, 01:49:55 PM

Quote from: Biodom on November 17, 2015, 01:43:27 PM

Quote from: not.you on November 17, 2015, 01:32:46 PM

One interesting thing to note about ROI is that for some reason bitcoin miners have an unreasonably high resell value on ebay. So an S7 in hand today (or soon) doesn't have to mine the full value back if you can resell it and:

resell amount + mining returns > cost + expenses

Of course with the halving coming up there may actually be a glut of miners hitting the resell market next year some time so timing a sale might be part of the equation if you go that route. But it's hard to predict what the halving will actually do. I would have thought the LTC halving would increase the value of LCT but it didn't really. If BTC follows the same pattern then mining will get much less profitable.

what is ebay return rate, i wonder? also, once you remove 13% fees, there is not much profit there either.
It seems that $400 level does not induce much fraud on ebay, but i don't know if $2000 does, especially since a buyer can make a mistake, then return for any reason at all.

theres options on your listing to select no returns.. also if you mention no returns in the listing as well thats twice being mentioned returns not offered.

can a buyer still return them after that?

Yes they can by claiming that the miner doesn't work within 45 days or PayPal refund window. You have no choice but to accept the return.

I don't think that is true. You are not providing a warranty on used gear to work for 45 days. This is from ~~paypal~~ ebay:

http://pages.ebay.com/help/sell/return-policy.html
Important: Even if you specify "no returns accepted," under the eBay Money Back Guarantee the buyer can still return an item if it doesn't match the listing description. Learn more about what the eBay Money Back Guarantee means to sellers.
http://pages.ebay.com/resolutioncenter/BuyerProtectionForSellers.html

This is what it says on a listing when the seller does not offer return:
Seller does not offer returns. You are covered by the eBay Money Back Guarantee if you received an item that is not as described in the listing.

you are just being naive about it. the buyer does not need to elaborate on anything. "the item is not as described", no questions asked. what you described is a miner that hashes as specified. imagine the buyer having shitty PSU, then doing something inane in addition. case closed and you lose.
You can try to fight it, but will lose review in most cases-just ask around.
It is better to simply refund and hope that the item will be returned undamaged.
However, I don't think that the majority of buyers on ebay are unfair, but the higher is the price, the higher a probability of a deal going south, I believe, although I don't have hard numbers.

fr4nkthetank

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Now the money is free, and so the people will be

Any clues why bitmain is now charging based off btc ? so btc/usd doesnt matter anymore ? I'm guessing no one will buy until btc drops to 300ish and then boom everyone buys at the same time ? I understand the utopian world of only having btc as a barter currency Tongue

but seriously btc has to be compared to something to assess its value quickly and reliably. thoughts?

not.you

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Activity: 1726

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Quote from: hawkfish007 on November 17, 2015, 01:52:56 PM

Quote from: -droid- on November 17, 2015, 01:49:55 PM

Quote from: Biodom on November 17, 2015, 01:43:27 PM

Quote from: not.you on November 17, 2015, 01:32:46 PM

One interesting thing to note about ROI is that for some reason bitcoin miners have an unreasonably high resell value on ebay. So an S7 in hand today (or soon) doesn't have to mine the full value back if you can resell it and:

resell amount + mining returns > cost + expenses

Of course with the halving coming up there may actually be a glut of miners hitting the resell market next year some time so timing a sale might be part of the equation if you go that route. But it's hard to predict what the halving will actually do. I would have thought the LTC halving would increase the value of LCT but it didn't really. If BTC follows the same pattern then mining will get much less profitable.

what is ebay return rate, i wonder? also, once you remove 13% fees, there is not much profit there either.
It seems that $400 level does not induce much fraud on ebay, but i don't know if $2000 does, especially since a buyer can make a mistake, then return for any reason at all.

theres options on your listing to select no returns.. also if you mention no returns in the listing as well thats twice being mentioned returns not offered.

can a buyer still return them after that?

Yes they can by claiming that the miner doesn't work within 45 days or PayPal refund window. You have no choice but to accept the return.

I don't think that is true. You are not providing a warranty on used gear to work for 45 days. This is from ~~paypal~~ ebay:

http://pages.ebay.com/help/sell/return-policy.html
Important: Even if you specify "no returns accepted," under the eBay Money Back Guarantee the buyer can still return an item if it doesn't match the listing description. Learn more about what the eBay Money Back Guarantee means to sellers.
http://pages.ebay.com/resolutioncenter/BuyerProtectionForSellers.html

This is what it says on a listing when the seller does not offer return:
Seller does not offer returns. You are covered by the eBay Money Back Guarantee if you received an item that is not as described in the listing.

Marvell1

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Activity: 2408

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

Quote from: adaseb on November 17, 2015, 02:23:53 PM

Quote from: hawkfish007 on November 17, 2015, 01:52:56 PM

Quote from: -droid- on November 17, 2015, 01:49:55 PM

Quote from: Biodom on November 17, 2015, 01:43:27 PM

Quote from: not.you on November 17, 2015, 01:32:46 PM

One interesting thing to note about ROI is that for some reason bitcoin miners have an unreasonably high resell value on ebay. So an S7 in hand today (or soon) doesn't have to mine the full value back if you can resell it and:

resell amount + mining returns > cost + expenses

Of course with the halving coming up there may actually be a glut of miners hitting the resell market next year some time so timing a sale might be part of the equation if you go that route. But it's hard to predict what the halving will actually do. I would have thought the LTC halving would increase the value of LCT but it didn't really. If BTC follows the same pattern then mining will get much less profitable.

what is ebay return rate, i wonder? also, once you remove 13% fees, there is not much profit there either.
It seems that $400 level does not induce much fraud on ebay, but i don't know if $2000 does, especially since a buyer can make a mistake, then return for any reason at all.

theres options on your listing to select no returns.. also if you mention no returns in the listing as well thats twice being mentioned returns not offered.

can a buyer still return them after that?

Yes they can by claiming that the miner doesn't work within 45 days or PayPal refund window. You have no choice but to accept the return.

Yes you have to accept the return AND pay for shipping both ways.

on my paypa i say no returns on Bitcoin mining equipment clear as day in my terms. I have sold a ton of hardware , from sp30s , sp20s and now selling scrypt gear and only ever had one return.

the key is to never sell to new users , or people with less that 30+ positive feedbacks otherwises youre just shooting yourself in the foot

adaseb

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Up to 300% + 200 FS deposit bonuses

Quote from: hawkfish007 on November 17, 2015, 01:52:56 PM

Quote from: -droid- on November 17, 2015, 01:49:55 PM

Quote from: Biodom on November 17, 2015, 01:43:27 PM

Quote from: not.you on November 17, 2015, 01:32:46 PM

One interesting thing to note about ROI is that for some reason bitcoin miners have an unreasonably high resell value on ebay. So an S7 in hand today (or soon) doesn't have to mine the full value back if you can resell it and:

resell amount + mining returns > cost + expenses

Of course with the halving coming up there may actually be a glut of miners hitting the resell market next year some time so timing a sale might be part of the equation if you go that route. But it's hard to predict what the halving will actually do. I would have thought the LTC halving would increase the value of LCT but it didn't really. If BTC follows the same pattern then mining will get much less profitable.

what is ebay return rate, i wonder? also, once you remove 13% fees, there is not much profit there either.
It seems that $400 level does not induce much fraud on ebay, but i don't know if $2000 does, especially since a buyer can make a mistake, then return for any reason at all.

theres options on your listing to select no returns.. also if you mention no returns in the listing as well thats twice being mentioned returns not offered.

can a buyer still return them after that?

Yes they can by claiming that the miner doesn't work within 45 days or PayPal refund window. You have no choice but to accept the return.

Yes you have to accept the return AND pay for shipping both ways.

hawkfish007

hero member

Activity: 895

Merit: 504

Quote from: -droid- on November 17, 2015, 01:49:55 PM

Quote from: Biodom on November 17, 2015, 01:43:27 PM

Quote from: not.you on November 17, 2015, 01:32:46 PM

One interesting thing to note about ROI is that for some reason bitcoin miners have an unreasonably high resell value on ebay. So an S7 in hand today (or soon) doesn't have to mine the full value back if you can resell it and:

resell amount + mining returns > cost + expenses

Of course with the halving coming up there may actually be a glut of miners hitting the resell market next year some time so timing a sale might be part of the equation if you go that route. But it's hard to predict what the halving will actually do. I would have thought the LTC halving would increase the value of LCT but it didn't really. If BTC follows the same pattern then mining will get much less profitable.

what is ebay return rate, i wonder? also, once you remove 13% fees, there is not much profit there either.
It seems that $400 level does not induce much fraud on ebay, but i don't know if $2000 does, especially since a buyer can make a mistake, then return for any reason at all.

theres options on your listing to select no returns.. also if you mention no returns in the listing as well thats twice being mentioned returns not offered.

can a buyer still return them after that?

Yes they can by claiming that the miner doesn't work within 45 days or PayPal refund window. You have no choice but to accept the return.

-droid-

legendary

Activity: 1050

Merit: 1001

Quote from: Biodom on November 17, 2015, 01:43:27 PM

Quote from: not.you on November 17, 2015, 01:32:46 PM

One interesting thing to note about ROI is that for some reason bitcoin miners have an unreasonably high resell value on ebay. So an S7 in hand today (or soon) doesn't have to mine the full value back if you can resell it and:

resell amount + mining returns > cost + expenses

Of course with the halving coming up there may actually be a glut of miners hitting the resell market next year some time so timing a sale might be part of the equation if you go that route. But it's hard to predict what the halving will actually do. I would have thought the LTC halving would increase the value of LCT but it didn't really. If BTC follows the same pattern then mining will get much less profitable.

what is ebay return rate, i wonder? also, once you remove 13% fees, there is not much profit there either.
It seems that $400 level does not induce much fraud on ebay, but i don't know if $2000 does, especially since a buyer can make a mistake, then return for any reason at all.

theres options on your listing to select no returns.. also if you mention no returns in the listing as well thats twice being mentioned returns not offered.

can a buyer still return them after that?

RichBC

hero member

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Quote from: Questor on November 17, 2015, 01:17:38 PM

P.S. I just noticed that... IF the 1385's were producing 30 gh/s instead of 32.5 gh/s...

162 Chips @ 30gh/s = 4860

Yes that is correct and how they have been running the 600MHz, 4.86TH Miners.

Rich

Biodom

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Quote from: not.you on November 17, 2015, 01:32:46 PM

One interesting thing to note about ROI is that for some reason bitcoin miners have an unreasonably high resell value on ebay. So an S7 in hand today (or soon) doesn't have to mine the full value back if you can resell it and:

resell amount + mining returns > cost + expenses

Of course with the halving coming up there may actually be a glut of miners hitting the resell market next year some time so timing a sale might be part of the equation if you go that route. But it's hard to predict what the halving will actually do. I would have thought the LTC halving would increase the value of LCT but it didn't really. If BTC follows the same pattern then mining will get much less profitable.

what is ebay return rate, i wonder? also, once you remove 13% fees, there is not much profit there either.
It seems that $400 level does not induce much fraud on ebay, but i don't know if $2000 does, especially since a buyer can make a mistake, then return for any reason at all.

suchmoon

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Merit: 8909

https://bpip.org

Quote from: not.you on November 17, 2015, 01:32:46 PM

I would have thought the LTC halving would increase the value of LCT but it didn't really.

If you ignore the spike to $8 it increased just enough to compensate for halving. It was trading around ~$1.5 then spiked then settled at $3+. And there is no new Scrypt hardware being made so mining LTC has been surprisingly good during 2015.

That's not to say that Bitcoin would repeat the pattern. For one, hardware situation is completely different.

Topic: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH - page 204. (Read 527809 times)