I am still searching for a ZX Spectrum 48k {In a good condition} at the right price. {Even if it's not working... just for display purpose} Why.... because it was my first.
The sentimental value and the rarity of the item over time increase.
Topic: Could obsolete ASICs become expensive antiques one day? - page 2. (Read 1889 times)
There are already people buying "old tech" simply for nostalgia value. {Eg. The physical BTC coins that was banned}
I am still searching for a ZX Spectrum 48k {In a good condition} at the right price. {Even if it's not working... just for display purpose} Why.... because it was my first.
The sentimental value and the rarity of the item over time increase.
I am still searching for a ZX Spectrum 48k {In a good condition} at the right price. {Even if it's not working... just for display purpose} Why.... because it was my first.
The sentimental value and the rarity of the item over time increase.
Moore's Law - processor speed doubles every year. As a computer enthusiast, I have hundreds of old obsolete components that were once state of the art. As a general rule, they are not worth anything unless they operate stand alone (such as computers or automobiles). For example, a state of the art serial port (at the time) would be worthless today. What's a serial port??
True. I have a PC from the mid 1980's that's easily worth over $100 now which I managed to buy for about $10 about 5 years ago. It came with a serial adapter which I didn't have any use for but I couldn't even sell the thing on eBay for $1.
One thing also is if you sold the gear and held the coins made from selling, depending on VERY far btc price selling might have been better.
Actually that's a good point.
Quote
I think some of the first, and very memorable asics might have a market one day. I don't think everything will. For example they pumped out A LOT of A1 1T Dragons, I don't see that being a antique someday.
Where I'm from, the Antminer S series seems to be the most popular model. Come to think of it, Model Ts don't really go for that much since they made so much of them unless you have one that was built in 1908 and is in flawless original condition.
Does anyone know what the rarest or historically significant miners of 2013 were? The example in the Reddit link I provided was a 1st batch Avalon. I guess that probably counts since it was the first ASIC ever delivered to customers and there was huge initial demand for them with very limited supply.
One thing also is if you sold the gear and held the coins made from selling, depending on VERY far btc price selling might have been better.
I think some of the first, and very memorable asics might have a market one day. I don't think everything will. For example they pumped out A LOT of A1 1T Dragons, I don't see that being a antique someday.
I think some of the first, and very memorable asics might have a market one day. I don't think everything will. For example they pumped out A LOT of A1 1T Dragons, I don't see that being a antique someday.
What do you think of the possibility that Bitcoin miners could become expensive antiques one day? There is a thread on Reddit which explores this very possibility:
http://www.reddit.com/r/Bitcoin/comments/21ifrg/one_dev_asks_what_to_do_with_first_bitcoin_asic/
This is more of a question for those who have 1st generation BFL Jalapenos, Block Erupters, Batch 1 Avalons, and (possibly) Antminer S1s. Instead of selling your obsolete miners, could it be a smarter move to hold onto them in the hopes of their value increasing as Bitcoin awareness expands?
If Bitcoin becomes truly mainstream then those early miners will increasingly be seen as an important part of our history. For similar examples, take a look at the earliest vintage computers such as the Apple I and MITS Altair 8800 as well as vintage automobiles which can often go for thousands of dollars on eBay despite being obsolete.
http://www.reddit.com/r/Bitcoin/comments/21ifrg/one_dev_asks_what_to_do_with_first_bitcoin_asic/
This is more of a question for those who have 1st generation BFL Jalapenos, Block Erupters, Batch 1 Avalons, and (possibly) Antminer S1s. Instead of selling your obsolete miners, could it be a smarter move to hold onto them in the hopes of their value increasing as Bitcoin awareness expands?
If Bitcoin becomes truly mainstream then those early miners will increasingly be seen as an important part of our history. For similar examples, take a look at the earliest vintage computers such as the Apple I and MITS Altair 8800 as well as vintage automobiles which can often go for thousands of dollars on eBay despite being obsolete.
I'd say it's not a possibility - it is an inevitability.
Moore's Law - processor speed doubles every year. As a computer enthusiast, I have hundreds of old obsolete components that were once state of the art. As a general rule, they are not worth anything unless they operate stand alone (such as computers or automobiles). For example, a state of the art serial port (at the time) would be worthless today. What's a serial port??
What do you think of the possibility that Bitcoin miners could become expensive antiques one day? There is a thread on Reddit which explores this very possibility:
http://www.reddit.com/r/Bitcoin/comments/21ifrg/one_dev_asks_what_to_do_with_first_bitcoin_asic/
This is more of a question for those who have 1st generation BFL Jalapenos, Block Erupters, Batch 1 Avalons, and (possibly) Antminer S1s. Instead of selling your obsolete miners, could it be a smarter move to hold onto them in the hopes of their value increasing as Bitcoin awareness expands?
If Bitcoin becomes truly mainstream then those early miners will increasingly be seen as an important part of our history. For similar examples, take a look at the earliest vintage computers such as the Apple I and MITS Altair 8800 as well as vintage automobiles which can often go for thousands of dollars on eBay despite being obsolete.
http://www.reddit.com/r/Bitcoin/comments/21ifrg/one_dev_asks_what_to_do_with_first_bitcoin_asic/
This is more of a question for those who have 1st generation BFL Jalapenos, Block Erupters, Batch 1 Avalons, and (possibly) Antminer S1s. Instead of selling your obsolete miners, could it be a smarter move to hold onto them in the hopes of their value increasing as Bitcoin awareness expands?
If Bitcoin becomes truly mainstream then those early miners will increasingly be seen as an important part of our history. For similar examples, take a look at the earliest vintage computers such as the Apple I and MITS Altair 8800 as well as vintage automobiles which can often go for thousands of dollars on eBay despite being obsolete.
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