Got offered an Avalon, how much to pay? - page 2.

Entropy-uc

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Quote from: jgarzik on March 16, 2013, 08:04:32 PM

For reference, my Avalon miner solo-mined two blocks in the past 24h (50 BTC + fees).

Statistically this was quite lucky, of course.

Or maybe your friend should sell them for nnnn BTC + a percentage of ongoing revenue for 1 year.

Are you solo-mining through your own pool software or directly to bitcoind?

I tried running solo to bitcoind for a while, but the lack of share activity made me wonder if anything was actually happening. So I was a coward and stuck with pools.

CrazyGuy

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2 blocks is 50. That's pretty impressive, are you strictly solo mining now?

DobZombie

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Former curator of The Bitcoin Museum

Quote from: jgarzik on March 16, 2013, 08:04:32 PM

For reference, my Avalon miner solo-mined two blocks in the past 24h (50 BTC + fees).

Statistically this was quite lucky, of course.

Or maybe your friend should sell them for nnnn BTC + a percentage of ongoing revenue for 1 year.

You mean 25BTC & fees?

jgarzik

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Activity: 1596

Merit: 1100

For reference, my Avalon miner solo-mined two blocks in the past 24h (50 BTC + fees).

Statistically this was quite lucky, of course.

Or maybe your friend should sell them for nnnn BTC + a percentage of ongoing revenue for 1 year.

vdragon

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Merit: 100

Thanks, thats about 5000 usd. Will make an offer

server

legendary

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1 BTC =1 BTC

~107 btc

vdragon

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Iunderstand your idea

, but I am a man of a moment, much more impulsive. For me it was always important to break even, after that, I dont care that much

. Someone said offer the original amount of BTC, I am trying to figure out how much was that. Anyone know when was exactly the first batch ordered?

robamichael

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Quote from: vdragon on March 16, 2013, 07:28:40 PM

Quote from: robamichael on March 16, 2013, 07:26:01 PM

Don't forget that BTC prices are highly volatile and that difficulty will continue to increase.

What makes $250 today might not do the same a month down the road.

Next difficulty is in 10 days These 2 thing will make 14 btc/day, 140 btc in 10 days...

I mean that as ASICs roll out, the mining difficulty will increase, making them less profitable long-term.

By all means, offer him what you feel comfortable, especially if he is a friend. But I would not rely too heavily on today's prices and difficulty to figure long term profit.

Maybe offer him 1% mined BTC? That way, if the unit does not work quite right, or it quits on you, it will seem fair. Just spitballing here Tongue

vdragon

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Quote from: robamichael on March 16, 2013, 07:26:01 PM

Don't forget that BTC prices are highly volatile and that difficulty will continue to increase.

What makes $250 today might not do the same a month down the road.

Next difficulty is in 10 days These 2 thing will make 14 btc/day, 140 btc in 10 days...

vdragon

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Quote from: kibblesnbits on March 16, 2013, 06:57:24 PM

Quote from: vdragon on March 16, 2013, 06:53:34 PM

...he doesnt like the units for some reason....

I think you'll need to expand on the reason. Do they look/smell like burnt toaster ovens?

I think the reason is that they are technically not like he expected - now what he expected, dont ask me. They sure dont look anything special, but hey, they work

robamichael

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Don't forget that BTC prices are highly volatile and that difficulty will continue to increase.

What makes $250 today might not do the same a month down the road.

vdragon

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Activity: 196

Merit: 100

50btc for something that makes 250usd a day.... thats would be an insult. To answer the other question, they work perfectly, he is just one of those ppl that have plenty, he ordered them for a thrill. How much did people pay in btc when they ordered those ? like 130 btc?

Keefe

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If I were local to him, I'd offer 50 BTC each.

invader

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I think they worth at least the same amount of coins what was spended at the preorder time.

kibblesnbits

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Quote from: vdragon on March 16, 2013, 06:53:34 PM

...he doesnt like the units for some reason....

I think you'll need to expand on the reason. Do they look/smell like burnt toaster ovens?

vdragon

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A friend of mine who was more of a believer in avalon than me got his 2 units few days ago. He is not in it for the money, and he doesnt like the units for some reason - he is a kind of a technical freak, he even had an idea to make one himself. So he said if I want to buy them, to make him an offer. So how much is a decent offer? I dont want to insult him, so just give me an idea how much do you think its worth.

Topic: Got offered an Avalon, how much to pay? - page 2. (Read 3112 times)