Need Advice to Sell Equipment or Keep

ceyre

newbie

Activity: 28

Merit: 0

Quote from: squall1066 on December 24, 2013, 08:19:52 AM

Quote from: ceyre on December 24, 2013, 12:30:09 AM

I think right now, the only option is to hold mining gear.

Says the person selling some equipment Grin

To be fair to me, I was wanting to sell but once I saw what the demand was for equipment these days, it's a no-brainer to hold on.
I would have liked to have sold some of my gear, but there's just not enough of a market for it right now.
1 month ago, huge demand for items like Jupiters.
Now... you're lucky to get 13 BTC. Pretty crazy.

I still hold that the network hash begins to stabilize in the coming Q12014.

EvilPanda

hero member

Activity: 658

Merit: 500

Small Red and Bad

I would sell. Over time you're much better investing in currency than mining.

slk_wow

newbie

Activity: 42

Merit: 0

What is the price ?

squall1066

copper member

Activity: 2310

Merit: 1032

Quote from: ceyre on December 24, 2013, 12:30:09 AM

I think right now, the only option is to hold mining gear.

Says the person selling some equipment Grin

ceyre

newbie

Activity: 28

Merit: 0

I think right now, the only option is to hold mining gear.

DebitMe

legendary

Activity: 2800

Merit: 1012

Get Paid Crypto To Walk or Drive

I decided to sell, I was given 10.2K for everything. I think I will buy some X-1's from Black Arrow now.

Gologuzan

full member

Activity: 161

Merit: 100

best idea

DONATE that equip to me so i play a little.

Xer0

hero member

Activity: 826

Merit: 1000

°^°

are you getting the 10.5k or going to spend it?

latter: no, overpriced
former: do it and get 2 AntMiner S1 and eventually pile up for a 3rd -> yields 400 or 600 GH/s
also you could try to get a used Jupiter with 550 Gigs for your 10k

Klubknuckle

sr. member

Activity: 285

Merit: 250

Don't take the deal, buy bitcoin instead...

BitcoinDenvini

newbie

Activity: 14

Merit: 0

Sell these and buy LTC rigs for altcoin mining.

crocko

hero member

Activity: 826

Merit: 1000

'All that glitters is not gold'

Invest in coins instead of mining -> safe and more profit.
Don't worry, the BTC price will raise again and all the coins will have much more value. Wink

jayeeyee

full member

Activity: 191

Merit: 110

I would hold out. Until BFL runs out of current stock on their singles.. then it'll drive the price up provided BFL sells out before the TH gets released into the market. Even then, I'm assuming re-sale value for singles could still be profitable provided there are dummies that exist in this world.

jamesc760

sr. member

Activity: 448

Merit: 250

Hell yeah, SELL it to the poor sucker NOW, before he grows a brain!

BitcoinDenvini

newbie

Activity: 14

Merit: 0

For that price sell it.

cowandtea

sr. member

Activity: 434

Merit: 250

Quote from: DebitMe on December 06, 2013, 05:23:22 PM

I was offered 10.5K USD for...

2 BFL 60 GH/s
1 BFL 50 GH/s
1 BFL 30 GH/s
1 BFL 5 GH/s
Total 205 GH/s

I am wondering if you would take this deal and be happy? I am thinking about taking it and buying some Prospero's from Black Arrow.

Any advice?

Buying from black arrow is a better deal, you can get few TH/s

smithytzu

member

Activity: 72

Merit: 10

I'm a bit too lazy to do the numbers off the top of my head but in theory it should be worth it IF Black Arrow deliver on time, if you buy 4TH (2 Prospero X-3) and the opportunity cost of not mining for potentially 3-4 months, taking into account the best guess difficulty rise in March/April, you should still come out on top.

My gut says you will come on on top quite nicely, it's clear the bitcoin price isn't going to be where people expected it to be in March now so that'll affect demand for the next gen stuff and thus affect bitcoin difficulty.

DebitMe

legendary

Activity: 2800

Merit: 1012

Get Paid Crypto To Walk or Drive

I was offered 10.5K USD for...

2 BFL 60 GH/s
1 BFL 50 GH/s
1 BFL 30 GH/s
1 BFL 5 GH/s
Total 205 GH/s

I am wondering if you would take this deal and be happy? I am thinking about taking it and buying some Prospero's from Black Arrow.

Any advice?

Topic: Need Advice to Sell Equipment or Keep (Read 1665 times)