Post
Topic
Board Group buys
Re: Black Arrow R9-12 threads, DZ Miners Co-op. Plz move ?s and discussion here.
by
yomamanodros
on 30/01/2014, 17:50:18 UTC
I really think that we need to look into selling this equipment.  The fees that we pay to the coop are still a reasonable percentage of the total mined BTC, coming in a bit less than 5%.  The next pay period, Feb.15, is going to be a much higher percentage and we will probably be at 25% or more by our Mar 1 payout. I know that we are still making btc at that point, but our equipment will be doing over a quarter of it's work just to pay our fees.

Selling Antminers on ebay sounds like it could be a very good idea right now.  I think that we, the miners, need to make this decision.  I know that the co-op organizers have worked very hard for us but their income doesn't change when difficulty goes up, only ours does.  They make $400 every two weeks whether we mine $20000 worth of BTC or $1000 worth.  We can't wait for them to suggest selling, we need to start to force this issue.