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.
well you have a point so far we mined 12 coins from 15th to now. go to 13.5 by pay day and pull off .5 we spilt 13 coins that is 10400 usd. if we put up 3.2 th in miners lets say mostly s-1 we would be selling 16 of them you can sell one right now for 2k on ebay easy sale so that would be 32k take off 10 percent in fees your are at 29k. lets say we get 1 robbed (ebay can be tough we would clear 27k that is 33.75 btc
or consider selling them on this site for btc 1.8 btc a machine x 16 machines = 28.8 btc or about 23k
wasn't there a shortfall of about 14 BTC? Mr. numbers. Just curious