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Topic: [WTS] 500Gh/s BFL ASIC unit (Read 3007 times)

vip
Activity: 1358
Merit: 1000
AKA: gigavps
August 28, 2013, 12:32:23 PM
#31
Bump.

New pricing of $30k each, you pay shipping. Further reduction in price if you purchase multiple.
legendary
Activity: 2044
Merit: 1000
June 23, 2013, 12:18:26 PM
#30
725 BTC
vip
Activity: 1358
Merit: 1000
AKA: gigavps
June 23, 2013, 12:09:15 PM
#29
Asking price updated and converted to BTC.
legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
June 21, 2013, 04:46:40 PM
#28
Pmed. 
legendary
Activity: 2044
Merit: 1000
June 21, 2013, 03:07:03 PM
#27
I bid $76,000
vip
Activity: 1358
Merit: 1000
AKA: gigavps
June 21, 2013, 02:24:31 PM
#26
Price reduction to $125k.

OP edited.
vip
Activity: 1358
Merit: 1000
AKA: gigavps
June 20, 2013, 04:33:16 PM
#25
If you would be a honorable person  Grin Grin Grin

https://bitcointalksearch.org/topic/should-giga-be-tagged-as-a-scammer-127488

134 people voted to give you a scammer tag and what happened Huh Nothing !!!
I guess the FBI is already investigating...

Hi Hiroaki,

I've paid everyone who has claimed. Maybe you should do your homework before you decide my fate.

Best,
James
sr. member
Activity: 404
Merit: 270
June 20, 2013, 03:28:03 PM
#24
If you would be a honorable person  Grin Grin Grin

https://bitcointalksearch.org/topic/should-giga-be-tagged-as-a-scammer-127488

134 people voted to give you a scammer tag and what happened Huh Nothing !!!
I guess the FBI is already investigating...
full member
Activity: 213
Merit: 100
June 20, 2013, 02:30:36 PM
#23
My single biggest reason for pricing a MR500 today at $150K is that this rig
cost $30K/3 = $10K each back when BTC was about $10. This 500GH mini
rig cost 1,000 BTC.

Past Opportunity Cost
=====================================================
To truly be made whole from an opportunity cost standpoint, a JUN/12
1.5TH/s mini rig purchaser would need to recover 1,000 BTC equivalent
for each 500GH/s mini rig. At today's prices those 1,000 BTC would be
$110K.

Future Opportunity Cost
=====================================================
Now a 500GH/s mini rig purchaser needs to decide whether there is a
future opportunity cost they may be giving up by selling their rig. Who
knows? Maybe a number of good things all happen coincidentally? What if
BTC goes to $500 each? What if Avalon drops the ball? What if KNC is
late by 6 months? What if? What if? What if?

Giving up the mini rig means giving up a future of being able to mine BTC
effectively (or at least better than the majority of the rest of the miners).
If BTC went to $ 5,000 each and mini rig still could mine 0.1 BTC/day, it
would continue to be a windfall.

To me, that means Giga wants to recover his past opportunity cost and
give some allowance to lost future opportunity cost. To him, that represents
fair. If someone wishes to relieve Giga of his past + future opportunity and
absorb that risk themselves, then someone will click the BUY IT NOW button.

Disclaimer: I have a mini rig pre-order myself though much further down the
time line. I am a geek engineer that would need a LOT of persuasion to give
up the opportunity to hash at 1.5TH/s. Smiley

Edit: By the way, these are just my opinions. I do not speak for Giga in any
       way. Further, I do not mean this as some sort of lecture. It was just a
       possible definition of "fair value" from a seller's perspective.
hero member
Activity: 616
Merit: 500
Portland Bitcoin Group Organizer
June 20, 2013, 10:23:16 AM
#22
Here are a few reasons.

1. power efficiency long term
2. risk of delay
3. resale value the day avalon clones come online should be at least 45k

Questions?

hero member
Activity: 516
Merit: 500
June 20, 2013, 08:34:11 AM
#21
Hello fellow bitcoiners,

It has come to my attention that there are multiple BFL customers with early orders who would like to part with some of their 500Gh/s units. The reasons are numerus, from not having enough power to run the units to some wanting to not have to deal with mining.

I would like to get a feeling from the community if any of you are interested in purchasing these units.

My roll in this is strictly as a broker / escrow / single point of contact for handling all queries and sales.

The 500Gh/s units are offered at $150k each with payment in BTC preferred.

If you have any questions, you can ask them by PM or in this thread.

Best,
James
Hi!

I made the following calculation:

6 Avalon Clones at 85 GH/s each -> >500 GH/s
6 Avalon Clones at a price of 7.5 k USD -> 45 k USD
Delivery end of August ... meaning roughly 70 days ...

Mining with 500 GH/s at difficulty of 45 M weighted (currently 19 M + continuous raises until end of August) will get you:
Code:
Hash rate:    500.00G hash/sec
Difficulty:   45000000.0 - currently: 19339258.3
Value:        $110.850/BTC
Time/block:   4.5 days
BTC/Day: ฿   5.59 $/Day: $  619.41
BTC/Wk.: ฿  39.11 $/Wk.: $ 4335.89
BTC/Mo.: ฿ 169.87 $/Mo.: $18830.16
This would be 70 * 5.59  = 391.30 BTC (or 43358.70 USD)

Original price (32 k USD / 3 = 10,66 K USD - because it is not 1.5 TH/s it is only one of three machines) + mining until end of August -> 43369.36 USD

Everything around 50 k USD would reflect a fair price IMHO ... paying more than that is probably ripping of Newbie's.

Sooo ... where did I go so wrong with my math? The 150 k USD price tag must be a fair price .... or not?  Roll Eyes

All the best!

     one4many


vip
Activity: 1358
Merit: 1000
AKA: gigavps
June 19, 2013, 08:05:12 PM
#20

Oh allright you talked me into it. $12000 - That's the original purchase price + a 20% tip.

lulz
sr. member
Activity: 420
Merit: 250
June 19, 2013, 07:49:49 PM
#19

Oh allright you talked me into it. $12000 - That's the original purchase price + a 20% tip.
vip
Activity: 1358
Merit: 1000
AKA: gigavps
legendary
Activity: 2044
Merit: 1000
June 19, 2013, 05:12:29 PM
#17
$75,000


hero member
Activity: 617
Merit: 543
http://idontALT.com
June 19, 2013, 05:09:41 PM
#16
What's the power draw on a MR 500GH? Will it plug into a 10amp wall point? or does it need 16amps?

Cheers,
QG
vip
Activity: 1358
Merit: 1000
AKA: gigavps
June 19, 2013, 12:49:02 PM
#15
my gosh this community is full of a bunch of greedy fucks... disgusting.

Oh well, thats how bitcoin works... backed by greed =)

Glad to see your adding insightful and enlightening information to the discussion.  Roll Eyes
full member
Activity: 213
Merit: 100
June 19, 2013, 12:06:16 PM
#14

Giga,

Congrats on getting your first ASIC mini rig! It is truly a beautiful sight to see!
legendary
Activity: 2450
Merit: 1002
June 19, 2013, 02:01:32 AM
#13
my gosh this community is full of a bunch of greedy fucks... disgusting.

Oh well, thats how bitcoin works... backed by greed =)
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