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Topic: I just got a lot of crypto-mining hardware as a payment. Where do I sell it all? (Read 799 times)

member
Activity: 363
Merit: 16
picked up the Gigabyte 1080 Ti yesterday...

no scam or somoething
copper member
Activity: 46
Merit: 0
I've just put the first (and biggest) item on my list which is crypto mining container on Computer Hardware board here.
must admit that this looks superrrr nice , wish i had access to very cheap electricity , I wouldnt think twice about this..  Good luck selling , I am looking forward to see your other listings i also live in EU and have friends in Germany to check this Smiley

I've already listed some stuff on the Hardware board. Check them out Smiley
full member
Activity: 294
Merit: 123
The World’s First Blockchain Core
I've just put the first (and biggest) item on my list which is crypto mining container on Computer Hardware board here.

I have not much money to buy the whole hardwares from you but if you list in order of parts Maybe I can buy some parts in that topic .Anyway, I wish you have a good selling as you want and get more money from community.
member
Activity: 107
Merit: 11
I've just put the first (and biggest) item on my list which is crypto mining container on Computer Hardware board here.
must admit that this looks superrrr nice , wish i had access to very cheap electricity , I wouldnt think twice about this..  Good luck selling , I am looking forward to see your other listings i also live in EU and have friends in Germany to check this Smiley
newbie
Activity: 24
Merit: 0
I've just put the first (and biggest) item on my list which is crypto mining container on Computer Hardware board here.

Good luck man, thats a really BIG one.. Hope u sell it all..
copper member
Activity: 46
Merit: 0
I've just put the first (and biggest) item on my list which is crypto mining container on Computer Hardware board here.
jr. member
Activity: 182
Merit: 7
No noise. No hustle. Quiet as whisper. Comino.
You should either start mining, (which you don’t want), depending on the rig and electricity costs you might still get your minimum profit.
Or sell it by parts, that will take some time and effort, but you will get some cash back.
copper member
Activity: 46
Merit: 0
From what I'm hearing here from you guys eBay and Craigslist is not an option for me or any of us who want to sell crypto-mining gear. I am currently preparing a list of the hardware that I have with photos and will post on the marketplace board. Maybe I can find a bulk buyer there.
full member
Activity: 1148
Merit: 132
I sold a few GPUs recently on eBay and fucking PayPal held my money after confirmed delivery (and positive feedback) for 10+ days because they said "there was a lot of fradulent activity" in the graphics card market,  so I had to just wait for them to "release" my money in my account.  After a chat with eBay  support - the funds were released.
Never sell this sort of equipment on ebay. They always side in the buyers favor. Those who are buying can play and say they did not receive the item and usually ebay&paypal will hold the money until they investigate has concluded and most of the time they believe the buyer who can just say they didn't receive anything. Then they have your graphics cards and their money back after just waiting 10+ days.
That is a messed up system they have their with ebay acting as "escrow".

Might as well put them up on the marketplace board here and let the devoted miners here pick what they need so to keep the mining community alive.
Here is the computer hardware/mining equipment thread: https://bitcointalk.org/index.php?board=75.0

Yes I completely agree with this. This always generally happens during a huge mining boom and then bust.

Basically the best time to sell mining gear is when you have the highest chances of getting scammed on eBay.

Many people bought GPUs for over MSRP during January of this year. Because they assumed "$10/day today and $10/day in 6 months". Then they learned about difficulty and are calling Bitcoin and Mining a scam. So they want their money back. They basically file a claim saying "GPU is broken" and want a full refund. And not only that they want their shipping back and you are also charged the back shipping of the GPU.

Best way is to sell these locally on Criagslist and meet in some public area. Tell the seller the truth they were mined with but they are free to test GPU prior to purchase. Most will agree.

Too many lowballers on craiglists, I tired to sell vega 56s like 2-3 months old and ppl wanted to pay 350 , plus half the time they get mad when you refuse to give your gear away.

Honestly i sugges holding your gear till the next mining boom and mining with some of it at break even prices.  Selling GPU's in this market is a POS
legendary
Activity: 3808
Merit: 1723
Up to 300% + 200 FS deposit bonuses
I sold a few GPUs recently on eBay and fucking PayPal held my money after confirmed delivery (and positive feedback) for 10+ days because they said "there was a lot of fradulent activity" in the graphics card market,  so I had to just wait for them to "release" my money in my account.  After a chat with eBay  support - the funds were released.
Never sell this sort of equipment on ebay. They always side in the buyers favor. Those who are buying can play and say they did not receive the item and usually ebay&paypal will hold the money until they investigate has concluded and most of the time they believe the buyer who can just say they didn't receive anything. Then they have your graphics cards and their money back after just waiting 10+ days.
That is a messed up system they have their with ebay acting as "escrow".

Might as well put them up on the marketplace board here and let the devoted miners here pick what they need so to keep the mining community alive.
Here is the computer hardware/mining equipment thread: https://bitcointalk.org/index.php?board=75.0

Yes I completely agree with this. This always generally happens during a huge mining boom and then bust.

Basically the best time to sell mining gear is when you have the highest chances of getting scammed on eBay.

Many people bought GPUs for over MSRP during January of this year. Because they assumed "$10/day today and $10/day in 6 months". Then they learned about difficulty and are calling Bitcoin and Mining a scam. So they want their money back. They basically file a claim saying "GPU is broken" and want a full refund. And not only that they want their shipping back and you are also charged the back shipping of the GPU.

Best way is to sell these locally on Criagslist and meet in some public area. Tell the seller the truth they were mined with but they are free to test GPU prior to purchase. Most will agree.
jr. member
Activity: 44
Merit: 2
probier mal hood.de und natürlich ebay-kleinanzeigen - tageszeitungen ggf, gamer foren.

oder google mal nach "hardware ankauf", auch ein paar ergebnisse

Wenn der preis günstiger ist als der market nehme ich vllt auch was ^^
full member
Activity: 1179
Merit: 131
Selling the gear in the Computer Hardware board couldn’t hurt (proceed with escrow unless buyer goes first). Plus, you’ll get payments in crypto if you choose to accept that as payment, and that’s always nice. I’ve never had a deal go bad there, but I’ve also always used escrow.

As a general rule on eBay, don’t sell what you can’t afford to lose. People always find a way to fraudently refund items there, and I’ve been burned by it in the past so many times I just quit using the site except for buying goods. eBay seems good on the buyer’s end, but it’s really a mess when you start going to sell things, and I wouldn’t risk it selling gear in bulk. The forums aren’t the quickest place to sell gear, and a lot of posts in the computer hardware board are for North American sales, but it’s better than some alternatives like eBay.
True story which if you do like to save yourself into  trouble or headache then its better to skip out Ebay and same as leo i do have the similar experience when it comes to selling.Why not try to sell out first on local buy and sell site?
On op, if i do have that large amount of miners since all things are intact then it would be better to mine on your own since it wont really needed for you to go full time and do make check up anytime but knowing on where you do live then it isnt really profitable at all knowing that your place do have an expensive electricity.Your last choice is to sell it out. Try to post on the forum link given above.

Thanks for your comment. I am based in Germany where electricity prices are the second highest in the EU. I have a contact in Poland where they offer me $0.11 per kWh. All the hardware that I have is worth (retail) approximately 180.000 EUR. I am willing to drop the price for all to 110.000 EUR. With the current crypto prices and GPU mining, in general, it would take years to make the same amount of money with mining. That's why I'm willing to drop 70.000 EUR and just sell it all in one go.

Unfortunately everyone else knows that it would take years to make that money back also  Grin  Without knowing the specifics, it sounds like you have about 70k Euro worth of GPUs.  I don't know how much a shipping container costs but I doubt the rest of the equipment equals 40k.  I personally think you should try the ebay route.  Yes it will be a pain in the ass, but the equipment you have only gets more obsolete with time, and selling it all at once will require a deep discount and finding a buyer could prove difficult.
sr. member
Activity: 847
Merit: 383
i'd be interested if you were in USA.  =(
hero member
Activity: 3010
Merit: 794
Selling the gear in the Computer Hardware board couldn’t hurt (proceed with escrow unless buyer goes first). Plus, you’ll get payments in crypto if you choose to accept that as payment, and that’s always nice. I’ve never had a deal go bad there, but I’ve also always used escrow.

As a general rule on eBay, don’t sell what you can’t afford to lose. People always find a way to fraudently refund items there, and I’ve been burned by it in the past so many times I just quit using the site except for buying goods. eBay seems good on the buyer’s end, but it’s really a mess when you start going to sell things, and I wouldn’t risk it selling gear in bulk. The forums aren’t the quickest place to sell gear, and a lot of posts in the computer hardware board are for North American sales, but it’s better than some alternatives like eBay.
True story which if you do like to save yourself into  trouble or headache then its better to skip out Ebay and same as leo i do have the similar experience when it comes to selling.Why not try to sell out first on local buy and sell site?
On op, if i do have that large amount of miners since all things are intact then it would be better to mine on your own since it wont really needed for you to go full time and do make check up anytime but knowing on where you do live then it isnt really profitable at all knowing that your place do have an expensive electricity.Your last choice is to sell it out. Try to post on the forum link given above.

Thanks for your comment. I am based in Germany where electricity prices are the second highest in the EU. I have a contact in Poland where they offer me $0.11 per kWh. All the hardware that I have is worth (retail) approximately 180.000 EUR. I am willing to drop the price for all to 110.000 EUR. With the current crypto prices and GPU mining, in general, it would take years to make the same amount of money with mining. That's why I'm willing to drop 70.000 EUR and just sell it all in one go.
On this case basing on that price per kWh then it would really just like suicide when you do tend to mine.Its much better to sell it out and for those guys who do reside on other side of the world sits on having the most cheapest electricity would really have the advantage.Checking out into that discount its already a great deal which you cant hardly see on any sellers out there.Did you already post on Computer Hardware board? That would be a good start up and you might get a bulk buyer there.
copper member
Activity: 46
Merit: 0
Selling the gear in the Computer Hardware board couldn’t hurt (proceed with escrow unless buyer goes first). Plus, you’ll get payments in crypto if you choose to accept that as payment, and that’s always nice. I’ve never had a deal go bad there, but I’ve also always used escrow.

As a general rule on eBay, don’t sell what you can’t afford to lose. People always find a way to fraudently refund items there, and I’ve been burned by it in the past so many times I just quit using the site except for buying goods. eBay seems good on the buyer’s end, but it’s really a mess when you start going to sell things, and I wouldn’t risk it selling gear in bulk. The forums aren’t the quickest place to sell gear, and a lot of posts in the computer hardware board are for North American sales, but it’s better than some alternatives like eBay.
True story which if you do like to save yourself into  trouble or headache then its better to skip out Ebay and same as leo i do have the similar experience when it comes to selling.Why not try to sell out first on local buy and sell site?
On op, if i do have that large amount of miners since all things are intact then it would be better to mine on your own since it wont really needed for you to go full time and do make check up anytime but knowing on where you do live then it isnt really profitable at all knowing that your place do have an expensive electricity.Your last choice is to sell it out. Try to post on the forum link given above.

Thanks for your comment. I am based in Germany where electricity prices are the second highest in the EU. I have a contact in Poland where they offer me $0.11 per kWh. All the hardware that I have is worth (retail) approximately 180.000 EUR. I am willing to drop the price for all to 110.000 EUR. With the current crypto prices and GPU mining, in general, it would take years to make the same amount of money with mining. That's why I'm willing to drop 70.000 EUR and just sell it all in one go.
hero member
Activity: 3010
Merit: 794
Selling the gear in the Computer Hardware board couldn’t hurt (proceed with escrow unless buyer goes first). Plus, you’ll get payments in crypto if you choose to accept that as payment, and that’s always nice. I’ve never had a deal go bad there, but I’ve also always used escrow.

As a general rule on eBay, don’t sell what you can’t afford to lose. People always find a way to fraudently refund items there, and I’ve been burned by it in the past so many times I just quit using the site except for buying goods. eBay seems good on the buyer’s end, but it’s really a mess when you start going to sell things, and I wouldn’t risk it selling gear in bulk. The forums aren’t the quickest place to sell gear, and a lot of posts in the computer hardware board are for North American sales, but it’s better than some alternatives like eBay.
True story which if you do like to save yourself into  trouble or headache then its better to skip out Ebay and same as leo i do have the similar experience when it comes to selling.Why not try to sell out first on local buy and sell site?
On op, if i do have that large amount of miners since all things are intact then it would be better to mine on your own since it wont really needed for you to go full time and do make check up anytime but knowing on where you do live then it isnt really profitable at all knowing that your place do have an expensive electricity.Your last choice is to sell it out. Try to post on the forum link given above.
copper member
Activity: 46
Merit: 0
I am interested in shipping container.

If you could get me a realistic price, I can find out about logistics to UK.

Thanks (PM me please)

Tried to PM you but you do not accept messages from newbies Sad

Fixed, try again please.

I've just sent you a PM.
newbie
Activity: 36
Merit: 0
I am interested in shipping container.

If you could get me a realistic price, I can find out about logistics to UK.

Thanks (PM me please)

Tried to PM you but you do not accept messages from newbies Sad

Fixed, try again please.
newbie
Activity: 15
Merit: 0
copper member
Activity: 46
Merit: 0
no newbie PM from newbie to newbie Sad

would take some cards if you are based in NRW (will pick up for cash)

I just sent you a PM.
copper member
Activity: 46
Merit: 0
I am interested in shipping container.

If you could get me a realistic price, I can find out about logistics to UK.

Thanks (PM me please)

Tried to PM you but you do not accept messages from newbies Sad
newbie
Activity: 36
Merit: 0
I am interested in shipping container.

If you could get me a realistic price, I can find out about logistics to UK.

Thanks (PM me please)
member
Activity: 363
Merit: 16
no newbie PM from newbie to newbie Sad

would take some cards if you are based in NRW (will pick up for cash)
newbie
Activity: 4
Merit: 0
Hey, just saw your post.

We mine in the Netherlands and I  actually have some German friends that do GPU mining.
As you know the demand is rather low at this moment but I think I could help you from having to sell 1 by 1.
Which I know is very shitty and takes a lot of time.
Would you be interested in having them running if it was cheap enough?
Do you have a whatsapp number or Discord ID name/id for me.  Pm me
copper member
Activity: 46
Merit: 0
Quote
Selling the gear in the Computer Hardware board couldn’t hurt (proceed with escrow unless buyer goes first). Plus, you’ll get payments in crypto if you choose to accept that as payment, and that’s always nice. I’ve never had a deal go bad there, but I’ve also always used escrow.

As a general rule on eBay, don’t sell what you can’t afford to lose. People always find a way to fraudently refund items there, and I’ve been burned by it in the past so many times I just quit using the site except for buying goods. eBay seems good on the buyer’s end, but it’s really a mess when you start going to sell things, and I wouldn’t risk it selling gear in bulk. The forums aren’t the quickest place to sell gear, and a lot of posts in the computer hardware board are for North American sales, but it’s better than some alternatives like eBay.

Yes, I think I will proceed with the full list with prices on Computer Hardware board. eBay / Classifieds is not an option right now as I don't want to sell 300 GPUs to 300 people and deal with all of them.
copper member
Activity: 46
Merit: 0
Quote
aus Deutschland? Sag das doch gleich Smiley

ganz im Ernst...ebay Kleinanzeigen und dann nur paypal Friends akzeptieren
wenn du wirklich 40% unter Neupreis abgibst...dann findest du definitiv sofort eine Menge käufer

Könntest auch den "Container" voll bestücken und verkaufen - aber wie mit meinem schlechten Englisch beschrieben - du findest eher Käufer für die Karten einzeln, als ein bestücktes Rig inkl. der Karten

Einzelpreis aller Grafikkarten ist definitiv höher als alle Karten inkl. allem drum und dran

Wo genau stehen die Sachen denn derzeit?

p.s. aktiviere mal private Nachrichten

Hi, thanks for the tips. I just enabled private messages.
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
Selling the gear in the Computer Hardware board couldn’t hurt (proceed with escrow unless buyer goes first). Plus, you’ll get payments in crypto if you choose to accept that as payment, and that’s always nice. I’ve never had a deal go bad there, but I’ve also always used escrow.

As a general rule on eBay, don’t sell what you can’t afford to lose. People always find a way to fraudently refund items there, and I’ve been burned by it in the past so many times I just quit using the site except for buying goods. eBay seems good on the buyer’s end, but it’s really a mess when you start going to sell things, and I wouldn’t risk it selling gear in bulk. The forums aren’t the quickest place to sell gear, and a lot of posts in the computer hardware board are for North American sales, but it’s better than some alternatives like eBay.
member
Activity: 363
Merit: 16
aus Deutschland? Sag das doch gleich Smiley

ganz im Ernst...ebay Kleinanzeigen und dann nur paypal Friends akzeptieren
wenn du wirklich 40% unter Neupreis abgibst...dann findest du definitiv sofort eine Menge käufer

Könntest auch den "Container" voll bestücken und verkaufen - aber wie mit meinem schlechten Englisch beschrieben - du findest eher Käufer für die Karten einzeln, als ein bestücktes Rig inkl. der Karten

Einzelpreis aller Grafikkarten ist definitiv höher als alle Karten inkl. allem drum und dran

Wo genau stehen die Sachen denn derzeit?

p.s. aktiviere mal private Nachrichten
copper member
Activity: 46
Merit: 0
Quote
Sold your shares for crypto mining equipment? Sounds like you BOUGHT mining equipment with your shares.

Unfortunately it seems like you got the bad end of the stick. The reason they probably gave you the hardware because crypto mining GPUs at this point in time is literally unprofitable. I noticed you didn't mention any ASIC miners, because they probably kept those to themselves because those still could be profitable.

Not exactly. Without going too much into details, it was a tense situation in a company I co-founded and I wanted the other shareholders to buy me out. So they did but they didn't have enough cash so it was a mix of cash/hardware deal.

When it comes to ASICs I also received 23 x L3+. I didn't mention them in my original post as they don't have any spectacular value right now.
full member
Activity: 406
Merit: 110
Long story short - I sold my shares in one company and as a payment, I received *a lot* of crypto hardware (200 x 1070, 90 x 1060 6GB, 24 x 1080TI, tens of power supply units, countless pci-e risers, cables, fans, etc.). I also got a crypto-mining container (20 ft. long) fitted with four axial fans and 170 smaller vents (similar to Envion's design) with cables, shelves and networking already prepared.

I'm not very much into hardcore mining as I see it as a full-time job. Where do I sell it all? eBay? Craigslist? I have invoices/receipts for all the parts on my list but on the other hand, I'm not very keen on selling the hardware on a per-piece basis. I'm willing to give huge discounts on all items. Any ideas how to liquidate the hardware all-in-one-go would be greatly appreciated.

Sold your shares for crypto mining equipment? Sounds like you BOUGHT mining equipment with your shares.

Unfortunately it seems like you got the bad end of the stick. The reason they probably gave you the hardware because crypto mining GPUs at this point in time is literally unprofitable. I noticed you didn't mention any ASIC miners, because they probably kept those to themselves because those still could be profitable.
copper member
Activity: 46
Merit: 0
Quote
Might as well put them up on the marketplace board here and let the devoted miners here pick what they need so to keep the mining community alive.
Here is the computer hardware/mining equipment thread: https://bitcointalk.org/index.php?board=75.0

Good idea. Will also list the hardware there.
copper member
Activity: 46
Merit: 0
What country are you in?

I'm based in Germany. I need to liquidate this hardware pretty fast (in order to provide for my family for example) so I'm willing to give up to 40% discount over retail prices on GPUs and PSUs.
member
Activity: 340
Merit: 15
I sold a few GPUs recently on eBay and fucking PayPal held my money after confirmed delivery (and positive feedback) for 10+ days because they said "there was a lot of fradulent activity" in the graphics card market,  so I had to just wait for them to "release" my money in my account.  After a chat with eBay  support - the funds were released.
Never sell this sort of equipment on ebay. They always side in the buyers favor. Those who are buying can play and say they did not receive the item and usually ebay&paypal will hold the money until they investigate has concluded and most of the time they believe the buyer who can just say they didn't receive anything. Then they have your graphics cards and their money back after just waiting 10+ days.
That is a messed up system they have their with ebay acting as "escrow".

Might as well put them up on the marketplace board here and let the devoted miners here pick what they need so to keep the mining community alive.
Here is the computer hardware/mining equipment thread: https://bitcointalk.org/index.php?board=75.0
jr. member
Activity: 215
Merit: 3
It seems you have a buyer, over here ↓↓↓

What country are you in?

Or maybe lord Dagarair want to host all of your mining stuff in his own mining farm.
copper member
Activity: 96
Merit: 1
I sold a few GPUs recently on eBay and fucking PayPal held my money after confirmed delivery (and positive feedback) for 10+ days because they said "there was a lot of fradulent activity" in the graphics card market,  so I had to just wait for them to "release" my money in my account.  After a chat with eBay  support - the funds were released.
sr. member
Activity: 847
Merit: 383
What country are you in?
member
Activity: 363
Merit: 16
no

one advertisment for 1070, one for 1060, one for 1080ti ....

the other stuff (cables, risers) - yeah...dont know...but this items are not that worth like the cards and power supply units

someone who would buy all in one will not calculate that small things - so forget this stuff atm and try to get most money from the expansive stuff
copper member
Activity: 46
Merit: 0
Quote
if i had this amount of hardware i would sell at classifieds - every part one advertisement with one piece (doenst matter that you have more) at -20% of regular used price - that should bring you fast money

That sounds like thousands of advertisements (if we're counting every item I have)
member
Activity: 363
Merit: 16
Long story short - I sold my shares in one company and as a payment, I received *a lot* of crypto hardware (200 x 1070, 90 x 1060 6GB, 24 x 1080TI, tens of power supply units, countless pci-e risers, cables, fans, etc.). I also got a crypto-mining container (20 ft. long) fitted with four axial fans and 170 smaller vents (similar to Envion's design) with cables, shelves and networking already prepared.

I'm not very much into hardcore mining as I see it as a full-time job. Where do I sell it all? eBay? Craigslist? I have invoices/receipts for all the parts on my list but on the other hand, I'm not very keen on selling the hardware on a per-piece basis. I'm willing to give huge discounts on all items. Any ideas how to liquidate the hardware all-in-one-go would be greatly appreciated.

first...wow
second...should be hard to sold the stuff "all in one"

if i had this amount of hardware i would sell at classifieds - every part one advertisement with one piece (doenst matter that you have more) at -20% of regular used price - that should bring you fast money

p.s. damn that you are on other continent - would buy some stuff if u want fast money and no matter of best price
full member
Activity: 327
Merit: 100
Plug in everything.
Start Mining.

Choose a location where someone else pays for electricity.

Profit!
copper member
Activity: 46
Merit: 0
Long story short - I sold my shares in one company and as a payment, I received *a lot* of crypto hardware (200 x 1070, 90 x 1060 6GB, 24 x 1080TI, tens of power supply units, countless pci-e risers, cables, fans, etc.). I also got a crypto-mining container (20 ft. long) fitted with four axial fans and 170 smaller vents (similar to Envion's design) with cables, shelves and networking already prepared.

I'm not very much into hardcore mining as I see it as a full-time job. Where do I sell it all? eBay? Craigslist? I have invoices/receipts for all the parts on my list but on the other hand, I'm not very keen on selling the hardware on a per-piece basis. I'm willing to give huge discounts on all items. Any ideas how to liquidate the hardware all-in-one-go would be greatly appreciated.
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