Selling my
Butterfly Labs BitForce 5 GH/s SC (aka Jalapeno) ASIC miner.
It has been reliably cranking out about 5 and a half GH/s at about 35 watts for
two weeks now; I'm selling it just so I have one less thing in my life to think about.
I paid 25.9 BTC for it; best offer over 26 BTC before 16:00 UTC Sunday, 9 June gets it.
I'll ship it UPS/USPS/Fedex on the 10'th or 11'th, you must pay shipping (e.g. if you
want it overnight, add shipping charges from Amherst, MA 01002 to your payment).
Normally I wouldn't respond, but this disturbs me too much.
Pre-order customers, back on the very first day these things were available for order (June 23, 2012), paid exactly $149 plus shipping. The BTC exchange rate on that day was about $6.50/BTC. So for those paying the equivalent in BTC it would have been around 25.9 BTC.
Today BTC is not worth $6.50, it is worth $120. So what you paid in today's equivalent is 1.4 BTC. And you are asking 26BTC/$3120 for it?? This is nothing more than price gouging. I have always respected your contributions to bitcoin, but asking $3120 is a low blow indeed. I would not have expected this level of greed from you; I would expect you to be above this. And to throw salt on the wound, you are asking the buyer to pay shipping on top of that ridiculous amount. Is this really you, Gavin?
You are essentially asking $3120 for a device you paid $160 for. A device which people can order today for $274 directly from BFL. Yes, a new unit ordered today will not get delivered for 2 or 3 months, but clearly the $3000 'premium' will never be recovered in that timeframe. What disappoints me is that you are aware of all this.
