Today my friends and I decided to list our mining rigs for sale on eBay with Technical Support plus a Best Offer option
http://www.ebay.com/itm/162646080846?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649
It has been fun for sure but the GPU's are so hard to find that we decided that we would sell what we have and re-evaluate what we want to do. We are trying to get sources for the cards but since that is so up in the air, we can't expand the way we want thus may just work on trading coins.
I know the price is rather high but I listed a Best Offer option on eBay so people can give a what they feel is a fair offer. Plus my friend is going to offer tech support for the equipment which is not something a lot of people are willing to do so that is a huge plus.
Anyways, is there a better way to mine crypto that you all know about? The advantage of our set-up was that electricity costs were controlled by solar on my house so definitely hope to do some more in the future with equipment that can be found :(
I know there are sites were you can rent mining space and mine coin but I never put much thought into doing an analysis on which is better so if anyone has insight, please comment (I always upvote all comments to my posts though I don't mention it other then this time, BTW). I have always had a personal attraction to seeing and feeling the pieces being used but maybe I have to grow out of that.
My fave coin and one we mine with this rig as well as dual mine DCR with them
wow looks like a heavy duty setup. You should actually consider Steem. And you can mine it.
selling a rig to buy cloud mining doesn't make much sense... you earn more with the rig at home...
If you don't want to run the rig anymore you should buy a lot of high potential coins (something with Mark Cap of max 200M) and keep it for 12 months... as it happen in the past 2 years you can see a good 5x return...
Totally agree. I have been trading crypto since 2013 but lot more actively the last 6 months. I have been focusing on learning the technical side of trading but also focusing on coins that have good potential in the industries they are trying to help.
I got into ETH when it was around $85 and rode that rocket ship (still support them, just wish i could do ICO's) and am a big fan of NEO's concept and the fact that you can make gas by having it in a wallet. My plans are to make NEO GAS, then trade for more NEO to then generate more GAS.
Thanks for the suggestion, cloud mining never appealed to me as i rather have the physical equipment rather then theoretical rented equipment. Either way, trading seems to be the way i think i am going to full time.
If you can get a good profit on ebay, why not? Everyone wants in now.
Your tech support is also a great idea. Maybe just offer that?
People are mining with hdd's, but I don't know how profitable that is.
Cloud mining companies seem scammy to me, their contracts can take a year to roi, some would say just buy the coins instead.
Yeah, good costed equipment with a good coin should have ROI's of a few months or less if you are lucky. Cloud mining just seemed little underwhelming.
I remember when we mined BTC back in 2013 and how fast we made our money back till the crash in November of that year. I only wish we would have stayed mining the whole time since then as we could have done great but we sold that equipment for break even (not counting the 14 BTC we mined back then).
Wow. I wish I had started way earlier, along with everyone else. Lol!
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STOPWhile most cloud mining services are glorified ponzi schemes, it appears nicehash.com is different. First it is more of a bidding market place catering to miners looking to sell excess hashing power and to buyers wanting to mine without investing in gear. I am doing my own due diligence on them but something you might want to research further too.
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