Buying used Miners | Bitcointalksearch.org

Pendrak

member

Activity: 208

Merit: 46

Quote from: FP91G on February 19, 2022, 07:14:25 AM

Quote from: Pendrak on February 18, 2022, 10:06:55 PM

Quote from: adaseb on February 18, 2022, 10:04:48 PM

Quote from: Pendrak on February 18, 2022, 07:35:38 AM

Waste of time if you dont have a good place away from any house.

If your place is tiny dont mix gpu with asics.

Mixing GPUs with ASIC doesn’t affect anything. Many years ago most retail miners had tons of ASICs at their home and they also had GPUs.

ASICs also take up much less room than a GPU rig. The biggest difference is that the ASICs are crazy loud. So you can mine at home but the rigs need to be in a separate room such as a basement. You can’t sleep in that room.

"ASICs are crazy loud"

GPU and ASIC mixed give a lot of problems if the intake air temperature is not low.

Not all asics are loud
https://www.jinglemining.com/products/jasminer-x4-etchash-brick?variant=42041023037666
Hashrate: 65MH/s±/10%
Power: 23W±/10%
ETC Deadline: 2029/02
ETH Deadline: 2022/09
I have not seen reviews of this ASIC, this may be a scam. Find more information if you want to buy.

"if not loud then it's not worth"

Pendrak.-

FP91G

legendary

Activity: 1834

Merit: 1131

Quote from: Pendrak on February 18, 2022, 10:06:55 PM

Quote from: adaseb on February 18, 2022, 10:04:48 PM

Quote from: Pendrak on February 18, 2022, 07:35:38 AM

Waste of time if you dont have a good place away from any house.

If your place is tiny dont mix gpu with asics.

Mixing GPUs with ASIC doesn’t affect anything. Many years ago most retail miners had tons of ASICs at their home and they also had GPUs.

ASICs also take up much less room than a GPU rig. The biggest difference is that the ASICs are crazy loud. So you can mine at home but the rigs need to be in a separate room such as a basement. You can’t sleep in that room.

"ASICs are crazy loud"

GPU and ASIC mixed give a lot of problems if the intake air temperature is not low.

Not all asics are loud
https://www.jinglemining.com/products/jasminer-x4-etchash-brick?variant=42041023037666
Hashrate: 65MH/s±/10%
Power: 23W±/10%
ETC Deadline: 2029/02
ETH Deadline: 2022/09
I have not seen reviews of this ASIC, this may be a scam. Find more information if you want to buy.

Pendrak

member

Activity: 208

Merit: 46

Quote from: adaseb on February 18, 2022, 10:04:48 PM

Quote from: Pendrak on February 18, 2022, 07:35:38 AM

Waste of time if you dont have a good place away from any house.

If your place is tiny dont mix gpu with asics.

Mixing GPUs with ASIC doesn’t affect anything. Many years ago most retail miners had tons of ASICs at their home and they also had GPUs.

ASICs also take up much less room than a GPU rig. The biggest difference is that the ASICs are crazy loud. So you can mine at home but the rigs need to be in a separate room such as a basement. You can’t sleep in that room.

"ASICs are crazy loud"

GPU and ASIC mixed give a lot of problems if the intake air temperature is not low.

adaseb

legendary

Activity: 3808

Merit: 1723

Quote from: Pendrak on February 18, 2022, 07:35:38 AM

Waste of time if you dont have a good place away from any house.

If your place is tiny dont mix gpu with asics.

Mixing GPUs with ASIC doesn’t affect anything. Many years ago most retail miners had tons of ASICs at their home and they also had GPUs.

ASICs also take up much less room than a GPU rig. The biggest difference is that the ASICs are crazy loud. So you can mine at home but the rigs need to be in a separate room such as a basement. You can’t sleep in that room.

Pendrak

member

Activity: 208

Merit: 46

Waste of time if you dont have a good place away from any house.

If your place is tiny dont mix gpu with asics.

devil2man

member

Activity: 759

Merit: 15

In neither case, i.e. gpu for eth or asics for btc, it is advisable to buy used equipment even if it costs less, perhaps even half of the new one is often that those equipment are squeezed to the maximum with mining and are at the end of life so they will last a short time, it is convenient the new one because it will last longer over time

FP91G

legendary

Activity: 1834

Merit: 1131

Quote from: jc12345 on February 15, 2022, 11:31:09 PM

The way I understand it is that after the merge ETH will be PoS. It seems that this would happened sometime this year. It is totally your decision but is it wise to invest in ETH PoW miners at this point? Perhaps it is better to invest in miners that will be PoW for some time to come? My experience with PoW miners is that it is not really profitable unless you buy something with significant higher hash rate. Having said that, many people will probably want to offload their ETH PoW miners at this point and you may get a very cheap price and perhaps make a few bucks still.

I think it's very important to buy a GPU or ASIC at the right time. If we talk about bitcoin, many mining companies are building their data cents with new equipment, and it takes a long time for video cards to pay off on ethereum mining. Now you can only invest in mining if the electricity is free or the price is very very low.

JayDDee

full member

Activity: 1424

Merit: 225

Buying an ETH ASIC miner is betting ETH will never go POS. ASIC miners only make sense for coins
that will never change algos, How many ASICs instantly became worthless when Raven switched algos?
When Vertcoin switched algos? When Zcoin switched algos? When Monero swicthed algos?

SHA256D & SCRYPT miners will depreciate but never go to zero.

jc12345

legendary

Activity: 1638

Merit: 1013

The way I understand it is that after the merge ETH will be PoS. It seems that this would happened sometime this year. It is totally your decision but is it wise to invest in ETH PoW miners at this point? Perhaps it is better to invest in miners that will be PoW for some time to come? My experience with PoW miners is that it is not really profitable unless you buy something with significant higher hash rate. Having said that, many people will probably want to offload their ETH PoW miners at this point and you may get a very cheap price and perhaps make a few bucks still.

Pendrak

member

Activity: 208

Merit: 46

Dont buy asic miners, stick with GPU.

FP91G

legendary

Activity: 1834

Merit: 1131

Quote from: whoisthis on February 11, 2022, 10:03:16 AM

oh my mistake.
Bitmain L3+ around 500 MH/S. This is what i'm looking at on ebay
The going rate seems to be $1200. Is that a good price in the current LTC market?
Also what should i be looking for when i buy used ones ?

https://whattomine.com/asic
https://www.asicminervalue.com/miners/bitmain/antminer-l3-504mh
I see very low profit from this ASIC and buying it now for $1000 is a very bad investment. Moreover, you will not have a guarantee for this equipment.

adaseb

legendary

Activity: 3808

Merit: 1723

If you are going to buy used then check the classifieds section or eBay where you got some guarantee and not get scammed. Don’t go to those 2 websites, I’ve never heard of them before.

When buying something on Bitcointalk classifieds use escrow. Basically you pay someone to hold the funds for you until your stuff is delivered. The fee is low and you won’t get scammed this way.

Also keep in mind that an ASIC is extremely loud. As loud as a vacuum cleaner pretty much. Make sure you are aware of this.

Lafu

legendary

Activity: 3164

Merit: 3290

Quote from: whoisthis on February 11, 2022, 10:03:16 AM

oh my mistake.
Bitmain L3+ around 500 MH/S. This is what i'm looking at on ebay
The going rate seems to be $1200. Is that a good price in the current LTC market?
Also what should i be looking for when i buy used ones ?

Mostly there is always a bit of risk when you buying used Miners and this goes for Asics and GPUs.
You really dont know how they was handled and maintenanced , for sure if you have a trusted person you know it can be all good.
If the devices was running for month or years overclocked you should be not take them or at least dont pay to much.
I bought a Baikal 900 back in the days 1 year old for a cheap price and it only takes 1 year before it died.

whoisthis

newbie

Activity: 13

Merit: 0

hmm i see
https://www.1000depot.com/
https://www.solockpool.us/
Anyone bought from these websites before?
They sell some new ones.

FP91G

legendary

Activity: 1834

Merit: 1131

Quote from: whoisthis on February 10, 2022, 02:07:21 PM

I've been running GPUs for ETH mining for awhile now.
I want to try something like Bitman type of miner for mining ETH this time in 240V.
Which miners can you recommend that i get from Ebay shipped in USA for under 4000$?

Check out this post
https://bitcointalksearch.org/topic/m.59163791
Study the new ASIC models that will be sold in 2022 in order to understand this market.
https://news.bitcoin.com/a-mining-rig-that-boasts-440-th-s-miners-question-the-legitimacy-of-new-bitcoin-mining-device/
SCAM
https://bitcointalksearch.org/topic/numiner-new-manufacturer-are-they-legit-5384359

If your electricity is more expensive than 10 cents, then do not buy old ASICs.

whoisthis

newbie

Activity: 13

Merit: 0

oh my mistake.
Bitmain L3+ around 500 MH/S. This is what i'm looking at on ebay
The going rate seems to be $1200. Is that a good price in the current LTC market?
Also what should i be looking for when i buy used ones ?

BitKongy

member

Activity: 405

Merit: 19

OP when something is too good to be true then it's probably is, don't be fooled with all those unrealistic ASIC miners price, those things are demanding and right now mining is still profitable so you can't find one for cheap price, if you must buy then use the ASIC official website only to avoid getting scammed.

sxemini

member

Activity: 1558

Merit: 69

Quote from: whoisthis on February 10, 2022, 10:56:26 PM

Quote from: BitMaxz on February 10, 2022, 07:50:33 PM

Are you looking for a used/2nd hand Antminer that could mine ETH? Bitmain doesn't release yet any miner that could mine ETH so you can't buy any 2nd hand ETH miner.

They have planning to release a new one this year but I don't think that you can buy it for $4000 I believe the price will be higher than that.

I don't mind mining BTC. Is it safe to buy used ones?
i saw a few used Bitmain for like $2000. I'm seeing these Bitmain hashing 1500 Gh/s. Is it really 1500 Gh/s for $2000?

I spent a lot of money on GPU rig and it’s hashing 1 GH/s. Sound too good to be true

What? 1500Gh/s? You must read the description again - the Bitmain E9 is the only Miner from Bitmain for ETH at the moment this one do 3 Gh/s and the offers you saw, only fraud nothing more. Only buy on the official websites.

Quote from: whoisthis on February 10, 2022, 02:07:21 PM

I've been running GPUs for ETH mining for awhile now.
I want to try something like Bitman type of miner for mining ETH this time in 240V.
Which miners can you recommend that i get from Ebay shipped in USA for under 4000$?

You will never find a serious offer for ETH asic miner for under 4000$.

whoisthis

newbie

Activity: 13

Merit: 0

Quote from: BitMaxz on February 10, 2022, 07:50:33 PM

Are you looking for a used/2nd hand Antminer that could mine ETH? Bitmain doesn't release yet any miner that could mine ETH so you can't buy any 2nd hand ETH miner.

They have planning to release a new one this year but I don't think that you can buy it for $4000 I believe the price will be higher than that.

I don't mind mining BTC. Is it safe to buy used ones?
i saw a few used Bitmain for like $2000. I'm seeing these Bitmain hashing 1500 Gh/s. Is it really 1500 Gh/s for $2000?

I spent a lot of money on GPU rig and it’s hashing 1 GH/s. Sound too good to be true

BitMaxz

legendary

Activity: 3374

Merit: 3095

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Are you looking for a used/2nd hand Antminer that could mine ETH? Bitmain doesn't release yet any miner that could mine ETH so you can't buy any 2nd hand ETH miner.

They have planning to release a new one this year but I don't think that you can buy it for $4000 I believe the price will be higher than that.

Topic: Buying used Miners (Read 322 times)