Quote from: philipma1957 on September 02, 2015, 03:27:29 PM

Quote from: clgrissom3 on September 02, 2015, 03:21:33 PM

Quote from: pcfli on September 02, 2015, 10:27:44 AM

I notice recently many customer want to sell s5, so i provide a buy back option now at the price of 350$, let me know if you want to use this option, this price has included the pre-paid host fee to 20th Sep.
The price will be kept for 3 days, then i will be adjusted according to how much i can sell the miner on china used miner market.
I donot want customer's miner suddenly become worthless like many customer who have s2 miner in hashnest plat currently experienced.., so let me know if you want use this option.

How to process: if anyone want to use this option, you need do the following things

1:make sure you have paid the host fee to 20th Sep
2:send me a PM and list how much unit you want to sell back to me
3:list your btc address to receive money, the price is 350$ for each unit s5

I will send btc directly according to real time exchange ratio on 5th sep to all the customer who want to use this option, then switch the miner to me.

This is a really good offer for S5 buy-back...I am seriously considering selling back the 20 S5s I currently have and ordering 4 S7s to start with. This would be the only way I could realistically buy the S7s. There are 2 considerations holding me back.

First, each day I dont have my S5s online I would be losing out on about $27 per day in profit (after fees) for 17-26 days depending on when the S7s actually ship out. That could be between $460-$700 in profit loss provided they actually make the shipping estimates.

Second, I hope the S7 lives up to the listed specs but what if it doesnt? No one has received or tested one yet that I know of. The past AntMiners have all been good but there is still a risk involved buying un-reviewed hardware. This is going to be an interesting decision for me.

well all or nothing is what you discussed above.

you could sell 10 s-5's and order 2 s-7's

this makes you ½ correct which is better then completely wrong and not as good as completely correct.

Just a thought.

I have a few different things going at the moment so doing 1 s-7 with lee kind of works for me.

Haha! That's a good way to approach it. Actually, since I hit my break-even point on my existing equipment back on July 5th the full amount of what I sell back can be applied to the 4-S7s to reduce my initial investment to just $2172 plus $700 in profit loss or $2872. Using this as my starting point I should be back at the break-even point in about 90-120 days. After that, the lower fees will actually boost my daily profit a good bit. I just have to overcome my reluctance to pre-buying batch 1 of anyone's hardware.