[WTS] 50TH - Available Instantly - $2.00/GH [San Diego, CA] - page 2.

padrino

legendary

Activity: 1428

Merit: 1000

https://www.bitworks.io

Quote from: Bargraphics on May 12, 2014, 04:25:24 PM

Quote from: Killerloop on May 12, 2014, 04:15:24 PM

Actually my analysis was far more cruder but effective.

1 TH @ your price: 3500$ all inclusive.
1 TH will mine ~5.09 BTC in a year so far with current increases in difficulty.
5.09 BTC is a lot less than 3500$ so investment doesn't even ROI until BTC/USD goes to at least 700

Regards.

Everyone has their own projects on difficulty, unfortunately most are wrong. A ~50% increase in difficulty/month for a whole year isn't sustainable which is what your calculations tell me you are using.

You are basically saying difficulty will go up to 151 Billion by December which is 17x the Hashrate currently. ~1200PH or 1.2EH. This will never happen at current pricing.

We're going to see a steep decline in hashpower going online percentage wise if BTC stays at the same value. If BTC goes up then equipment retains it's value longer and you can cash out to USD for more but you will also see more miners come online.

My Calculations show at least 9 BTC being earned by a TH today within a year, however I do love when people use the genesis/trade block for their calculations keeps more people out of the game.

Funny thing, I heard the exact same thing in 2011, then 2012, and 2013, should i keep going...

Killerloop

sr. member

Activity: 294

Merit: 250

Quote from: Bargraphics on May 12, 2014, 04:25:24 PM

You are basically saying difficulty will go up to 151 Billion by December which is 17x the Hashrate currently. ~1200PH or 1.2EH. This will never happen at current pricing.

We're going to see a steep decline in hashpower going online percentage wise if BTC stays at the same value. If BTC goes up then equipment retains it's value longer and you can cash out to USD for more but you will also see more miners come online.

My Calculations show at least 9 BTC being earned by a TH today within a year, however I do love when people use the genesis/trade block for their calculations keeps more people out of the game.

You may be right, difficulty increase HAS to and WILL stop. Hardware cannot keep up.
What will happen then it is pure speculation.

Good luck with your sale

Bargraphics

hero member

Activity: 518

Merit: 500

Every man is guilty of all the good he did not do.

Quote from: Killerloop on May 12, 2014, 04:15:24 PM

Actually my analysis was far more cruder but effective.

1 TH @ your price: 3500$ all inclusive.
1 TH will mine ~5.09 BTC in a year so far with current increases in difficulty.
5.09 BTC is a lot less than 3500$ so investment doesn't even ROI until BTC/USD goes to at least 700

Regards.

Everyone has their own projects on difficulty, unfortunately most are wrong. A ~50% increase in difficulty/month for a whole year isn't sustainable which is what your calculations tell me you are using.

You are basically saying difficulty will go up to 151 Billion by December which is 17x the Hashrate currently. ~1200PH or 1.2EH. This will never happen at current pricing.

We're going to see a steep decline in hashpower going online percentage wise if BTC stays at the same value. If BTC goes up then equipment retains it's value longer and you can cash out to USD for more but you will also see more miners come online.

My Calculations show at least 9 BTC being earned by a TH today within a year, however I do love when people use the genesis/trade block for their calculations keeps more people out of the game.

Killerloop

sr. member

Activity: 294

Merit: 250

Quote from: Bargraphics on May 12, 2014, 09:54:21 AM

I understand,

There's a misconception about "Price per GH"

The following variables need to be considered.

Do you need anymore wires/psus? Add cost
Is the equipment shipped immediately or is this a "pre-order"? - Minus BTC from day you place order til it's shipped
What is shipping cost? Add cost
What is shipping time? Minus BTC made per day
What is setup time on a large equipment purchase? Minus BTC made per day
What is setup cost as a Datacenter for large equipment purchase? Add cost
Do you have to purchase PDUs? Some Datacenters do not include this in setup. - Add cost
Fine Tuning Rigs to remain stable - Minus BTC made per day
Is your electric bill double because you purchased Ant Miners? - Double Electric Cost per month
Does your DC Bill you extra for the AC used to cool twice the amount of power for the same amount of equipment because you purchased Ant Miners? - Add Cost to hosting

Now even at the end of this, how valuable is your time/stress in dealing with everything above? - Add cost

You can't really host 30TH (Or Really 10TH) in your house. Sure there are exceptions but for the majority of people this is true.

Since BTC is top loaded I think that all of the "Delays" I mentioned above would most likely pay for the higher markup price.

Actually my analysis is cruder, brutal but extremely effective:

1 TH @ your price: 3250$ all inclusive.
1 TH will mine ~5.09 BTC in a year so far with current increases in difficulty.
5.09 BTC is a lot less than 3250$ so investment doesn't even ROI until BTC/USD goes to at least 638.

Regards.

Biffa

legendary

Activity: 3234

Merit: 1220

Rough idea on hosting costs per month per rig?

Bargraphics

hero member

Activity: 518

Merit: 500

Every man is guilty of all the good he did not do.

Quote from: Killerloop on May 12, 2014, 08:40:48 AM

Quote from: Bargraphics on May 12, 2014, 08:28:03 AM

Price reduced to $3.25/GH

If (when) you drop to at least 2.5$/GH I'd like to make an offer.

I understand,

There's a misconception about "Price per GH"

The following variables need to be considered.

Do you need anymore wires/psus? Add cost
Is the equipment shipped immediately or is this a "pre-order"? - Minus BTC from day you place order til it's shipped
What is shipping cost? Add cost
What is shipping time? Minus BTC made per day
What is setup time on a large equipment purchase? Minus BTC made per day
What is setup cost as a Datacenter for large equipment purchase? Add cost
Do you have to purchase PDUs? Some Datacenters do not include this in setup. - Add cost
Fine Tuning Rigs to remain stable - Minus BTC made per day
Is your electric bill double because you purchased Ant Miners? - Double Electric Cost per month
Does your DC Bill you extra for the AC used to cool twice the amount of power for the same amount of equipment because you purchased Ant Miners? - Add Cost to hosting

Now even at the end of this, how valuable is your time/stress in dealing with everything above? - Add cost

You can't really host 30TH (Or Really 10TH) in your house. Sure there are exceptions but for the majority of people this is true.

Since BTC is top loaded I think that all of the "Delays" I mentioned above would most likely pay for the higher markup price.

Killerloop

sr. member

Activity: 294

Merit: 250

Quote from: Bargraphics on May 12, 2014, 08:28:03 AM

Price reduced to $3.25/GH

If (when) you drop to at least 2.5$/GH I'd like to make an offer.

Bargraphics

hero member

Activity: 518

Merit: 500

Every man is guilty of all the good he did not do.

Price reduced to $3.25/GH

Bargraphics

hero member

Activity: 518

Merit: 500

Every man is guilty of all the good he did not do.

Quote from: nitehawk on May 10, 2014, 03:59:42 PM

Ok if the datacenters not in your house then i fail to understand how saying the city or company is an issue ... Other miners in the area might want to use them too... If you weren't asking for 100k+ I wouldn't have cared as much but ok to each there own

But let me ask you why should I pay you 12k more and a monthly service bill vs cex.io or better yet when your prohibiting people from doing due diligence against the "datacenter" there's nothing really stoping you from taking 105k charming the mining over then calling the datacenter and demanding the equipment no way of knowing if the datacenter will even allow transfer of ownership or if they will even honor the same rates your paying.... Again it's not like your asking for chump change

Any serious buyer would have already PM'd me and we would have worked out details.
I specifically said

Quote from: Bargraphics on May 10, 2014, 10:06:33 AM

I won't be giving out the location on the board. If you are truly interested then PM me.

I have no problem disclosing the location to serious buyers to do their due diligence. I would even get you in contact with the DC owner.

If you are interested in hosting gear I can also help you with that by getting you in contact with the DC owner.

You seem to be making up problems that don't exist :/

As far as the price discrepancy, most times when there's an interested party they would simply make an offer and use the discrepancy as a point in their argument. Unfortunately I have received no such offer from you, are you an interested buyer? If so please PM me with your offer.

nitehawk

hero member

Activity: 532

Merit: 500

Worldcore - Banking for the Future

Ok if the datacenters not in your house then i fail to understand how saying the city or company is an issue ... Other miners in the area might want to use them too... If you weren't asking for 100k+ I wouldn't have cared as much but ok to each there own

But let me ask you why should I pay you 12k more and a monthly service bill vs cex.io or better yet when your prohibiting people from doing due diligence against the "datacenter" there's nothing really stoping you from taking 105k charming the mining over then calling the datacenter and demanding the equipment no way of knowing if the datacenter will even allow transfer of ownership or if they will even honor the same rates your paying.... Again it's not like your asking for chump change

Bargraphics

hero member

Activity: 518

Merit: 500

Every man is guilty of all the good he did not do.

Quote from: nitehawk on May 10, 2014, 09:39:53 AM

just doing quick math your asking 3500/th the same speed can be had for 2300ish .. granted you have to power them and such.. but for comparison.. cex.io is 3105 for the same speed without the hosting speed...

am i missing something? why pay the premium ?
I'm from san diego i'm going to need to know the exact location... there's a difference between a data center in say CLMT than one being run outta someones house near skyline park ....

I posted pictures, as you can see it is a Datacenter and not someones house.... I won't be giving out the location on the board. If you are truly interested then PM me.

You can see the raised floor and racks :/

nitehawk

hero member

Activity: 532

Merit: 500

Worldcore - Banking for the Future

just doing quick math your asking 3500/th the same speed can be had for 2300ish .. granted you have to power them and such.. but for comparison.. cex.io is 3105 for the same speed without the hosting speed...

am i missing something? why pay the premium ?
I'm from san diego i'm going to need to know the exact location... there's a difference between a data center in say CLMT than one being run outta someones house near skyline park ....

Bargraphics

hero member

Activity: 518

Merit: 500

Every man is guilty of all the good he did not do.

Quote from: lapah on May 10, 2014, 12:52:49 AM

Can you tell me how this process would work.

I`m fairly new to this, having others hosting and stuff.

Sure,

Currently they are all mining on GHash.io so I would recommend using that pool (They seem to run best on it).

Next you would provide a username for me to tell the miners where to mine at. (Create an Account at GHash.io and they will provide you with this)

That's pretty much it, once the miners are changed you will see them hashing on your account when you log in.

I would also get you in contact with the Datacenter to get you up to date on hosting/costs/agreements.

They would then set you up with SSH access if needed.

Sit back and mine! The equipment shouldn't go down but if you ever have an issue you would just contact the Datacenter and they would take care of it for you.

It's a very simple process

lapah

full member

Activity: 121

Merit: 100

Can you tell me how this process would work.

I`m fairly new to this, having others hosting and stuff.

Bargraphics

hero member

Activity: 518

Merit: 500

Every man is guilty of all the good he did not do.

Quote from: apee on May 09, 2014, 08:51:19 PM

So we purchase, then if change our mind hosting current location, you`ll ship the mining rig?

Multiple questions that needs to be addressed.

1. Where is the current location?
2. Escrow isnt mentioned?

You got some sort of website?

Anyone who is interested, please report back here and update that you have been paid for the hashes paid for.

1. I won't give a specific location here but it's in San Diego, CA
2. I'm willing to work with the buyer with however they choose to purchase. Any fees will be paid by the buyer.

There isn't a website, this isn't a cloudhashing solution.
Once the purchase was made I would manually change the pool information in the SD cards on the RPis and give you ssh access to the rigs.
Your point of contact would be the datacenter from that point forward and you would likely have a signed agreement.
If you wanted to take delivery of the hardware you would have to talk with the datacenter as I do not want to deal with shipping or the costs associated with it.

apee

full member

Activity: 120

Merit: 100

So we purchase, then if change our mind hosting current location, you`ll ship the mining rig?

Multiple questions that needs to be addressed.

1. Where is the current location?
2. Escrow isnt mentioned?

You got some sort of website?

Anyone who is interested, please report back here and update that you have been paid for the hashes paid for.

Bargraphics

hero member

Activity: 518

Merit: 500

Every man is guilty of all the good he did not do.

Quote from: noviapriani on May 09, 2014, 05:18:03 PM

thats kinda expensice, you can now get 1th for 3500, why rent when you can buy, unless you gonna cut of hosting and electricity bill, it might be worth it.

This isn't renting, this is buying.

Shipping costs + PSU Costs + Setting up Time/Shipping time would eat away at your profits. This is an already setup and running solution that comes with 3 x 750W PSUs (Again you own everything)

Quote from: daddyfatsax on May 09, 2014, 06:15:24 PM

1 TH/S for $3500 and it has 3 x 750 W PSU's? Thats a lot of juice.

We got a huge discount on the 750W PSUs versus using exactly what we needed. These rigs only consume 1W/GH Maximum.

daddyfatsax

hero member

Activity: 857

Merit: 1000

Anger is a gift.

1 TH/S for $3500 and it has 3 x 750 W PSU's? Thats a lot of juice.

noviapriani

sr. member

Activity: 350

Merit: 250

thats kinda expensice, you can now get 1th for 3500, why rent when you can buy, unless you gonna cut of hosting and electricity bill, it might be worth it.

Bargraphics

hero member

Activity: 518

Merit: 500

Every man is guilty of all the good he did not do.

I have 50TH of Bitfury equipment that is already running and hosted. Just have to switch the mining address over.

Other ventures have shown up that I would like to pursue and I'm willing to part with this portion of my overall hardware.

I'm looking for $2.00/GH + Hosting

Hosting is locked into a contract until the end of June. Hosting cost will be $2,700 per 10TH. After June you can keep it at the DC or move it.

I can break this down into three 10TH groups if needed. The hashrate ordered is minimum, you will likely receive a bit over that.
This includes the following

Complete ownership of the gear
3x 750W PSUs per Rig. (No buying extra cables or PSUs)
No shipping cost
No Setup cost for the Datacenter (Already paid)

This gear is available instantly and will be switched on any Weekday.

Please PM with any serious offers or questions.

Some Pictures - http://619mining.com/

Topic: [WTS] 50TH - Available Instantly - $2.00/GH [San Diego, CA] - page 2. (Read 2750 times)