Item is sold.. Yes, I understand all arguments on keeping it in bitcoin, etc. But if your a miner, (a serious one) the main thing I care about is the btc price keeping up with the difficulty. I never said you werent better off just holding on to the coin if thats the case....
Anyways, subject close, item is sold..
Topic: Auction: 500 Gh/s Mini rig from BFL (Read 1153 times)
Your assumption is flawed. If your saying the USD value of bitcoins go up. And you profit from mining coins alone.
From that in the long term.
A person is better off just buying 200 coins and holding them if it is going to go up.
Then buy this rig.
Person A buys this rig for 200 Coins.
BTC goes up to $500.
He makes 85 Coins in the life time of the unit.
He makes 85*500=$42,500
Sure Person A profits going by your statement.
Person B buys 200 coins holds it.
BTC goes up to $500.
He has 200 coins still.
He makes 200*500= $100,000
If you see the comparison, why would someone choose Person A over Person B?
I do agree BTC could go up, and even lots in the future. But that means
Person B is better off then Person A.
Difficulty is going up to infinitey, from all these emergencing companies, Cointerra dropping 2PH.
Hashfast Dropping 500-1000TH, BFL dropping some, Asic miner, Labcoin, ETC.
So Person B is far better off then Person A.
Here it comes, I know you will say it. Troll bla bla, shit my thread.
Always does, even when I tell the truth.
From that in the long term.
A person is better off just buying 200 coins and holding them if it is going to go up.
Then buy this rig.
Person A buys this rig for 200 Coins.
BTC goes up to $500.
He makes 85 Coins in the life time of the unit.
He makes 85*500=$42,500
Sure Person A profits going by your statement.
Person B buys 200 coins holds it.
BTC goes up to $500.
He has 200 coins still.
He makes 200*500= $100,000
If you see the comparison, why would someone choose Person A over Person B?
I do agree BTC could go up, and even lots in the future. But that means
Person B is better off then Person A.
Difficulty is going up to infinitey, from all these emergencing companies, Cointerra dropping 2PH.
Hashfast Dropping 500-1000TH, BFL dropping some, Asic miner, Labcoin, ETC.
So Person B is far better off then Person A.
Here it comes, I know you will say it. Troll bla bla, shit my thread.
Always does, even when I tell the truth.
Granted, it may make only 8500 dollars by may or it may make 100k, but we are talking coins, not dollars. Still, if it made 8500, thats a pretty good return in about 6 months.... The btc has gone up about 30 percent in the last month, not quite keeping up with the difficulty, but its holding its own..
Anyone that gets into mining is taking a risk, those that are in for the "For sure, quick buck" shouldn't be mining...
Good grief, I hate trolls....
Anyone that gets into mining is taking a risk, those that are in for the "For sure, quick buck" shouldn't be mining...
Good grief, I hate trolls....
shipping from usa...
This is for unit number 2, Start the auction at 200btc with increments of 1 btc this is for a 500ghs minirig from BFL.
Johnk will hold escrow.
This auction will last 10 days or if I decide I get a good enough offer... I tried to post a picture but had an issue uploading, If you are serious, Ill send it via email or pm..
Pm me with any questions or concerns....
Buyer is responsible for shipping costs as overnight can be expensive.
BA
Witch country are you shipping from so people can estimate how long shipment of the miner will take before it can start mining ? Johnk will hold escrow.
This auction will last 10 days or if I decide I get a good enough offer... I tried to post a picture but had an issue uploading, If you are serious, Ill send it via email or pm..
Pm me with any questions or concerns....
Buyer is responsible for shipping costs as overnight can be expensive.
BA
BTC also went down by the same amount over the summer. You can not make assumptions on future prices of Bitcoins, the market is small and easily manipulated by big players.
Granted, it may make only 8500 dollars by may or it may make 100k, but we are talking coins, not dollars. Still, if it made 8500, thats a pretty good return in about 6 months.... The btc has gone up about 30 percent in the last month, not quite keeping up with the difficulty, but its holding its own..
Anyone that gets into mining is taking a risk, those that are in for the "For sure, quick buck" shouldn't be mining...
Good grief, I hate trolls....
Anyone that gets into mining is taking a risk, those that are in for the "For sure, quick buck" shouldn't be mining...
Good grief, I hate trolls....
Just being a dick here.
For an investment of 200 BTC ~ $30000 (considering it might reach there since this is an auction)
This will only yield a profit of $8500 that too till May 2014
Projected Calculation from http://mining.thegenesisblock.com/
For an investment of 200 BTC ~ $30000 (considering it might reach there since this is an auction)
This will only yield a profit of $8500 that too till May 2014
Projected Calculation from http://mining.thegenesisblock.com/
Again? Finally in hand now?
This is for unit number 2, Start the auction at 200btc with increments of 1 btc this is for a 500ghs minirig from BFL.
Johnk will hold escrow.
This auction will last 10 days or if I decide I get a good enough offer... I tried to post a picture but had an issue uploading, If you are serious, Ill send it via email or pm..
Pm me with any questions or concerns....
Buyer is responsible for shipping costs as overnight can be expensive.
BA
Johnk will hold escrow.
This auction will last 10 days or if I decide I get a good enough offer... I tried to post a picture but had an issue uploading, If you are serious, Ill send it via email or pm..
Pm me with any questions or concerns....
Buyer is responsible for shipping costs as overnight can be expensive.
BA
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