People are crazy or really bad at math!!
http://www.befr.ebay.be/itm/KnC-KnCMiner-Bitcoin-Miner-ASIC-Jupiter-mit-550-GH-s-Standalone-Gerat-ohne-USB-/251384445642?pt=DE_Computer_Sonstige&hash=item3a87ae3aca&_uhb=1
a kncminer Jupiter sold for 16.716,00 EUR that's insane. At the current price that's about 33 bitcoin, there is no way this machine is going to mine more than 20 bitcoin.
Topic: Increase of Asics on Ebay - page 2. (Read 4189 times)
The buyer will mine for 30 days, drop a couple of drops of water and file a claim stating item is dead. Sell local on or here.
And why would he do that? Does ebay checks physically if something is broken?
The seller will get back dead mining equipment, nobody will argue that it's dead. eBay always sides with buyer (can't you tell I'm a spiteful previous eBay seller).
eBay has no ethics and I make the assumption that everybody on there is out to scam.
Save the headache and sell on here and use an escrow... unless you like headaches.
The buyer will mine for 30 days, drop a couple of drops of water and file a claim stating item is dead. Sell local on or here.
And why would he do that? Does ebay checks physically if something is broken?
Because in the next month or so another 5PH is expected to roll out. Clueless buyers may use a calculator with the current difficulty instead of one twice as high. The sellers of said equipment know that they can buy more BTC with the proceeds from the sale than they can mining with it.
Having said that, I abhor the idea of ever returning to the scam that is eBay. The buyer will mine for 30 days, drop a couple of drops of water and file a claim stating item is dead. Sell local on or here.
Having said that, I abhor the idea of ever returning to the scam that is eBay. The buyer will mine for 30 days, drop a couple of drops of water and file a claim stating item is dead. Sell local on or here.
LOL That's funny... I've done that... Guilty if you charge me...
So a month ago it was difficult to find a decent Asic for sale on Ebay, and within the past week more and more are being listed.
Jalepenos, Blades, Avalons you name it. Must not be as profitable to mine anymore time to cash out.
Jalepenos, Blades, Avalons you name it. Must not be as profitable to mine anymore time to cash out.
Simple. Because more and more of them are becoming obsolete. Everyone's racing to ditch them to recover their cash investment to either a) purchase bitcoins, b) purchase the next gen miner, or a & b.
Another possibility is that people is mining other SHA-256 based crypto-currency with the "first generation" of ASICs?
All the SHA256 coins are less profitable than BTC. It would be better to mine BTC and convert it to the alt-currency if you suspected that those currencies had a better chance of increased valuation vs BTC in the future, but then again people hate to do the extra steps...
Another possibility is that people is mining other SHA-256 based crypto-currency with the "first generation" of ASICs?
yea don't mine.. buy coins instead
BTC's hitting $800 didn't help either. asic sticks are back up to $25+ from the low of $6-7. I picked up a pair of 13gh Blades for $190 each, maybe I should sell them.
Because in the next month or so another 5PH is expected to roll out. Clueless buyers may use a calculator with the current difficulty instead of one twice as high. The sellers of said equipment know that they can buy more BTC with the proceeds from the sale than they can mining with it.
Having said that, I abhor the idea of ever returning to the scam that is eBay. The buyer will mine for 30 days, drop a couple of drops of water and file a claim stating item is dead. Sell local on or here.
Having said that, I abhor the idea of ever returning to the scam that is eBay. The buyer will mine for 30 days, drop a couple of drops of water and file a claim stating item is dead. Sell local on or here.
So a month ago it was difficult to find a decent Asic for sale on Ebay, and within the past week more and more are being listed.
Jalepenos, Blades, Avalons you name it. Must not be as profitable to mine anymore time to cash out.
Jalepenos, Blades, Avalons you name it. Must not be as profitable to mine anymore time to cash out.
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