Sudden demand in ASIC miners? | Bitcointalksearch.org

TouchFluffyTail

newbie

Activity: 13

Merit: 0

Thanks for all the replies, for a moment I got scared that I missed something Undecided

Quote from: ether19 on October 17, 2016, 02:10:15 AM

What was the price you quote to sell them? It should be some new users who wish to try mining with USB miners. Bitcoin is getting popular and lot of people wish to earn it by mining. Some of them want to play their part in securing the network. Yes indeed you are lucky because not all people usually go for second hand USB miners. Most of them prefer to have a second hand S7 or big miners.

But it's good to see people trying to get an idea of mining at home with a USB miner at first rather than heading straight to buy a S7.

I didn't have that many of them to begin with, and I would rather not mention the costs.
Lets say that by selling them all I made over ~$150 profit after covering my initial expenses.

I was thinking to pick up the S7 myself, but with the energy it requires I don't think there will be much of a profit in it.

ether19

sr. member

Activity: 532

Merit: 250

BTC. ETC. EOS

What was the price you quote to sell them? It should be some new users who wish to try mining with USB miners. Bitcoin is getting popular and lot of people wish to earn it by mining. Some of them want to play their part in securing the network. Yes indeed you are lucky because not all people usually go for second hand USB miners. Most of them prefer to have a second hand S7 or big miners.

But it's good to see people trying to get an idea of mining at home with a USB miner at first rather than heading straight to buy a S7.

Herbert2020

legendary

Activity: 1946

Merit: 1137

there is always a small chance that newer people are trying to start mining, especially because of the recent price rise and all the hype in the news about it.

if you look around you can always see newbies asking about mining and wanting to start it themselves and this mainly happens after a surge and when there is a lot of talk about bitcoin in the media.

dreamer81

sr. member

Activity: 616

Merit: 252

The popularity in bitcoin is rising, thus is mining also. What the buyers don't know is that those USB miners wont mine anything for them. They are practically worthless due to the low hashrate.

I doubt people collect mining equipment allready? Maybe in 20 years collectors will scavenge the market for leftovers, but not allready. Bitcoin is only in it's fetal phase now!

~BitSy~

member

Activity: 118

Merit: 100

No, there's no demand for USB miners, has been like that for few years. Those who purchase such mining gears are mostly collectors and see usb miners as their missing piece in their collection. I guess you just got lucky to find 3 different buyers, purchase it from you in a single day.

TouchFluffyTail

newbie

Activity: 13

Merit: 0

After ending my mining experiment, I've decided to sell my USB miners on eBay, they were sitting there for a long while with 0 interest in them.
Yesterday I sold them all to 3 different buyers.

Is there some particular reason for the demand? I tried searching for more and it seems that almost everything was sold out.

Topic: Sudden demand in ASIC miners? (Read 725 times)