[WTB (over time)] Old bulk gear | Bitcointalksearch.org

Jamphone

full member

Activity: 125

Merit: 100

Quote from: VirosaGITS on March 01, 2016, 04:45:38 PM

Quote from: Jamphone on March 01, 2016, 04:30:53 PM

Quote from: Legacy2005 on March 01, 2016, 03:38:00 PM

Quote from: Jamphone on March 01, 2016, 02:13:50 PM

No one's buying an S5 for $100 in five months. In five months they'll be junk. S5s are currently going for $160 on the forums now.

i wouldn't say they will be junk there is always a market for them. No new hardware is/has been announced and validated so right now s7 and s5 are tier 1 and 2 as far as latest and greatest. sure the rising diff and 1/2ing will impact them but those in free or super super cheap power area will still use them or those that want to throw them at the solo lottery. look at the USB miners that are still made people snap those up instantly.

There is new hardware coming from at least two manufacturers in the next 60 days. We've got a lull in the hashrate here, but you'd be fooling yourself if you don't think even S7s are about to become old technology.

Where do you see new hardware coming to the small user within the next two months? All i saw is SP and Bitfury considering private investors.

I know from conversations with the companies. I wouldn't hold your breath for SP, where they're semi-publicly listed we can see that they don't have the funds to build a miner. The rest are finishing the next machines. Unless the price tanks, the roll outs will continue.

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: Jamphone on March 01, 2016, 04:30:53 PM

Quote from: Legacy2005 on March 01, 2016, 03:38:00 PM

Quote from: Jamphone on March 01, 2016, 02:13:50 PM

No one's buying an S5 for $100 in five months. In five months they'll be junk. S5s are currently going for $160 on the forums now.

i wouldn't say they will be junk there is always a market for them. No new hardware is/has been announced and validated so right now s7 and s5 are tier 1 and 2 as far as latest and greatest. sure the rising diff and 1/2ing will impact them but those in free or super super cheap power area will still use them or those that want to throw them at the solo lottery. look at the USB miners that are still made people snap those up instantly.

There is new hardware coming from at least two manufacturers in the next 60 days. We've got a lull in the hashrate here, but you'd be fooling yourself if you don't think even S7s are about to become old technology.

Where do you see new hardware coming to the small user within the next two months? All i saw is SP and Bitfury considering private investors.

Jamphone

full member

Activity: 125

Merit: 100

Quote from: Legacy2005 on March 01, 2016, 03:38:00 PM

Quote from: Jamphone on March 01, 2016, 02:13:50 PM

No one's buying an S5 for $100 in five months. In five months they'll be junk. S5s are currently going for $160 on the forums now.

i wouldn't say they will be junk there is always a market for them. No new hardware is/has been announced and validated so right now s7 and s5 are tier 1 and 2 as far as latest and greatest. sure the rising diff and 1/2ing will impact them but those in free or super super cheap power area will still use them or those that want to throw them at the solo lottery. look at the USB miners that are still made people snap those up instantly.

There is new hardware coming from at least two manufacturers in the next 60 days. We've got a lull in the hashrate here, but you'd be fooling yourself if you don't think even S7s are about to become old technology.

Legacy2005

sr. member

Activity: 266

Merit: 250

Quote from: Jamphone on March 01, 2016, 02:13:50 PM

No one's buying an S5 for $100 in five months. In five months they'll be junk. S5s are currently going for $160 on the forums now.

i wouldn't say they will be junk there is always a market for them. No new hardware is/has been announced and validated so right now s7 and s5 are tier 1 and 2 as far as latest and greatest. sure the rising diff and 1/2ing will impact them but those in free or super super cheap power area will still use them or those that want to throw them at the solo lottery. look at the USB miners that are still made people snap those up instantly.

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: Jamphone on March 01, 2016, 02:13:50 PM

No one's buying an S5 for $100 in five months. In five months they'll be junk. S5s are currently going for $160 on the forums now.

I don't know about that, the next step is 16nm and not so cheap to mass produce. Look at the price of S3's. They're still worth quite a bit because they're still valuable to people with free electricity.

Jamphone

full member

Activity: 125

Merit: 100

No one's buying an S5 for $100 in five months. In five months they'll be junk. S5s are currently going for $160 on the forums now.

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: Jamphone on March 01, 2016, 02:08:56 PM

Quote from: VirosaGITS on March 01, 2016, 01:52:56 PM

Quote from: Jamphone on March 01, 2016, 01:38:30 PM

Quote from: VirosaGITS on March 01, 2016, 01:18:27 PM

Quote from: Jamphone on March 01, 2016, 07:56:02 AM

No, I'd use GND in Labrador as escrow, they'd be hosting.

Right, so i can have my miners hosted with let say Allinvain, why would i share the profit with you 50/50? I get to make more within the 3 months AND keep the hardware. You're basically asking for free stuff here.

Obviously math wasn't your strong suit in school, so I'll explain.

Presumably you pay a bill to Allinvain? If you have S5s or Neptunes, you're underwater, you're paying more to host then they mine. I'm offering you a way out. You'd get more from that deal than the selling price on the forums these days.

Here is the "math" you're referring to, then you can explain how "math is not my strong suit in school".

Hosting at 0.06$/kWh on a S5. 1300GH/s, 650W. We're doing OC because there's no efficiency loss. Profits are 50$~ per month right now, cut in half, thats 25$. Of course thats assuming the difficulty wont go up. And it will.

25$*3 =75$.

Tell me where you see S5's for 75$. You're flat out trying to rip people off. Don't kid yourself.

From a bitcoinwisdom...

1300GH/s is $52/month
650 watts at 0.06 cents in a 30 day month is $28
So your profit is $24 a month (not $50 as you state above)
I'm offering $26/month (which is more than you currently make)
Difficulty will keep rising, you are a 25% away (roughly) from being underwater.

However, you make a good point, I'd do five months on an S5, same deal, 50/50.

Its true 5 Months is a bit better, the difference is that you keep the thing and earnings will drop over 5 months. You're also not paid immediately so "we" can't reinvest and you get to keep the S5 and probably sell it for 100$~

Jamphone

full member

Activity: 125

Merit: 100

Quote from: VirosaGITS on March 01, 2016, 01:52:56 PM

Quote from: Jamphone on March 01, 2016, 01:38:30 PM

Quote from: VirosaGITS on March 01, 2016, 01:18:27 PM

Quote from: Jamphone on March 01, 2016, 07:56:02 AM

No, I'd use GND in Labrador as escrow, they'd be hosting.

Right, so i can have my miners hosted with let say Allinvain, why would i share the profit with you 50/50? I get to make more within the 3 months AND keep the hardware. You're basically asking for free stuff here.

Obviously math wasn't your strong suit in school, so I'll explain.

Presumably you pay a bill to Allinvain? If you have S5s or Neptunes, you're underwater, you're paying more to host then they mine. I'm offering you a way out. You'd get more from that deal than the selling price on the forums these days.

Here is the "math" you're referring to, then you can explain how "math is not my strong suit in school".

Hosting at 0.06$/kWh on a S5. 1300GH/s, 650W. We're doing OC because there's no efficiency loss. Profits are 50$~ per month right now, cut in half, thats 25$. Of course thats assuming the difficulty wont go up. And it will.

25$*3 =75$.

Tell me where you see S5's for 75$. You're flat out trying to rip people off. Don't kid yourself.

From a bitcoinwisdom...

1300GH/s is $52/month
650 watts at 0.06 cents in a 30 day month is $28
So your profit is $24 a month (not $50 as you state above)
I'm offering $26/month (which is more than you currently make)
Difficulty will keep rising, you are a 25% away (roughly) from being underwater.

However, you make a good point, I'd do five months on an S5, same deal, 50/50.

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: Jamphone on March 01, 2016, 01:38:30 PM

Quote from: VirosaGITS on March 01, 2016, 01:18:27 PM

Quote from: Jamphone on March 01, 2016, 07:56:02 AM

No, I'd use GND in Labrador as escrow, they'd be hosting.

Right, so i can have my miners hosted with let say Allinvain, why would i share the profit with you 50/50? I get to make more within the 3 months AND keep the hardware. You're basically asking for free stuff here.

Obviously math wasn't your strong suit in school, so I'll explain.

Presumably you pay a bill to Allinvain? If you have S5s or Neptunes, you're underwater, you're paying more to host then they mine. I'm offering you a way out. You'd get more from that deal than the selling price on the forums these days.

Here is the "math" you're referring to, then you can explain how "math is not my strong suit in school".

Hosting at 0.06$/kWh on a S5. 1300GH/s, 650W. We're doing OC because there's no efficiency loss. Profits are 50$~ per month right now, cut in half, thats 25$. Of course thats assuming the difficulty wont go up. And it will.

25$*3 =75$.

Tell me where you see S5's for 75$. You're flat out trying to rip people off. Don't kid yourself.

Jamphone

full member

Activity: 125

Merit: 100

Quote from: VirosaGITS on March 01, 2016, 01:18:27 PM

Quote from: Jamphone on March 01, 2016, 07:56:02 AM

No, I'd use GND in Labrador as escrow, they'd be hosting.

Right, so i can have my miners hosted with let say Allinvain, why would i share the profit with you 50/50? I get to make more within the 3 months AND keep the hardware. You're basically asking for free stuff here.

Obviously math wasn't your strong suit in school, so I'll explain.

Presumably you pay a bill to Allinvain? If you have S5s or Neptunes, you're underwater, you're paying more to host then they mine. I'm offering you a way out. You'd get more from that deal than the selling price on the forums these days.

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: Jamphone on March 01, 2016, 07:56:02 AM

No, I'd use GND in Labrador as escrow, they'd be hosting.

Right, so i can have my miners hosted with let say Allinvain, why would i share the profit with you 50/50? I get to make more within the 3 months AND keep the hardware. You're basically asking for free stuff here.

Jamphone

full member

Activity: 125

Merit: 100

No, I'd use GND in Labrador as escrow, they'd be hosting.

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: padrino on February 29, 2016, 10:20:57 AM

Quote from: Jamphone on February 29, 2016, 10:13:25 AM

Quote from: Tupsu on February 29, 2016, 08:57:50 AM

Quote from: Jamphone on February 29, 2016, 07:45:00 AM

If you have old (but not too old) gear - I'm interested in splitting mining revenue 50/50 for three months if you ship it to a trusted third party hoster, then I'll own the gear after that - I'll take care of the bills with the hoster.

Drop me a line. I'm thinking SP3Xs, S5s etc.

S5 earns for 3 months in the best case 0.27 BTC (in fact, much less) , what do I need to share with you.

I get in my hands 0.135 BTC for S5 (in fact, much less)

How stupid do you think I am ?

Buy from me S5, and ship it where you want.

I cover the power and use a trusted hoster. If someone is willing to pay you more than the S5 will mine, obviously you should take their money.

I'm not sure where Tupsu's crap attitude comes from.. It's an interesting offer but the economics don't work for me, however I wish you well with it and give you credit for trying something fairly creative..

Its not really creative. Its the 4th "Send me your miners for free, i'll give you a tiny amount of money back" offer i've seen in the last month. If you were to send your miners for a hosting solution, you really don't need and additional person taking a cut from the small profit the miner would generate in the first place.

Assuming this isint yet another "Send me your miners for free" scam.

adaseb

legendary

Activity: 3808

Merit: 1723

People tried this in the past and it never worked out. Just buy the gear yourself and pay in full.

padrino

legendary

Activity: 1428

Merit: 1000

https://www.bitworks.io

Quote from: Jamphone on February 29, 2016, 10:13:25 AM

Quote from: Tupsu on February 29, 2016, 08:57:50 AM

Quote from: Jamphone on February 29, 2016, 07:45:00 AM

If you have old (but not too old) gear - I'm interested in splitting mining revenue 50/50 for three months if you ship it to a trusted third party hoster, then I'll own the gear after that - I'll take care of the bills with the hoster.

Drop me a line. I'm thinking SP3Xs, S5s etc.

S5 earns for 3 months in the best case 0.27 BTC (in fact, much less) , what do I need to share with you.

I get in my hands 0.135 BTC for S5 (in fact, much less)

How stupid do you think I am ?

Buy from me S5, and ship it where you want.

I cover the power and use a trusted hoster. If someone is willing to pay you more than the S5 will mine, obviously you should take their money.

I'm not sure where Tupsu's crap attitude comes from.. It's an interesting offer but the economics don't work for me, however I wish you well with it and give you credit for trying something fairly creative..

Jamphone

full member

Activity: 125

Merit: 100

Quote from: Tupsu on February 29, 2016, 08:57:50 AM

Quote from: Jamphone on February 29, 2016, 07:45:00 AM

If you have old (but not too old) gear - I'm interested in splitting mining revenue 50/50 for three months if you ship it to a trusted third party hoster, then I'll own the gear after that - I'll take care of the bills with the hoster.

Drop me a line. I'm thinking SP3Xs, S5s etc.

S5 earns for 3 months in the best case 0.27 BTC (in fact, much less) , what do I need to share with you.

I get in my hands 0.135 BTC for S5 (in fact, much less)

How stupid do you think I am ?

Buy from me S5, and ship it where you want.

I cover the power and use a trusted hoster. If someone is willing to pay you more than the S5 will mine, obviously you should take their money.

Tupsu

legendary

Activity: 1218

Merit: 1003

Quote from: Jamphone on February 29, 2016, 07:45:00 AM

If you have old (but not too old) gear - I'm interested in splitting mining revenue 50/50 for three months if you ship it to a trusted third party hoster, then I'll own the gear after that - I'll take care of the bills with the hoster.

Drop me a line. I'm thinking SP3Xs, S5s etc.

S5 earns for 3 months in the best case 0.27 BTC (in fact, much less) , what do I need to share with you.

I get in my hands 0.135 BTC for S5 (in fact, much less)

How stupid do you think I am ?

Buy from me S5, and ship it where you want.

Jamphone

full member

Activity: 125

Merit: 100

If you have old (but not too old) gear - I'm interested in splitting mining revenue 50/50 for three months if you ship it to a trusted third party hoster, then I'll own the gear after that - I'll take care of the bills with the hoster.

Drop me a line. I'm thinking SP3Xs, S5s etc.

Topic: [WTB (over time)] Old bulk gear (Read 618 times)