is there a way to tell difference between a real and a Knock off bitmain S9? The resellers are all claiming they have it in stock, as many as 1000 Pcs if we want them today. Seriously not sure how they can have so many always if it sells so fast?

The ATMs by Lamassu and Genesis are around $7000 but it looks like the hardware part is only around $1000 for a High end ATM in china. Can some one direct me in right direction to develop Bitcoin ATM software? Hire Blockchain developers? outsource to existing company that has experience in blockchain technology?

I am interested, can you share some photos and your number in a PM? I am in Delhi.

Can i come to Noida today and pick them up? I will pay cash RIGHT THEN AND THERE. Please immediately Pm me photos with today's newspaper next to the machines along with your phone number and i will try to come today in the afternoon to beat traffic.

1.3 L

yes, this includes PSU

Just like everyone, i am sick of watching Bitcoin go up up up, while Bitmain hold my money and wants 2 month to ship a new S9. We also know the Jan batch might not get shipped in Jan and who knows by then BTC is over $11,000. Next logical step is to pay more and get it right away, but the ones that actually dont' look like scam are selling for over $3500 on ebay. Infact, anything under $3000 seems shady, for example this one guy says i am using it to test it for few days and i ordered one, next thing i know he runs his own farm and sell them after running for over 8 months in a newly printed reciept and import stamp on bitmain box.

So, i am considering flying to china and actually looking at the product myself, shipping it to US myself right away. Based on some 200 Resellers i could find  online in Shenzhen, it looks i can get the price for a brand new S9 in hand stock with 6 months manufacturer warranty down to around $2800 with PSU for the top model (14 TH/s). There are few ways i can do this. I can invest my own money and buy 50 of them, list them on ebay and easily make $600 or so per machine, perhaps more. I could also do a group buy and get the price down even further. I dont' know.. Thinking out loud. Any suggestions? Anyone want to work together? I don't want you to trust me or anything, just looking to partner with good people for good business.

Did you do any analysis with comparison to other countries? What countries did you compare it to? Did your add the cost of moving to that country and trying to set up in a foreign nation? Part of himachal & Jammu Kashmir has electricity as low as 3 Rs per KW which and those areas are pretty cool...wouldn't that beat 99% of the world's electricity cost and cooling factor?

Any particular area where you know the electricity rates? Also, do you know if that area has power outage problems? Usually rural areas in india has power outage for 30% of the times n a day.. .Some parts of punjab still has outage of 4 hours every day... That will eat up all the profit and the damage to hardware when turned off directly without shutting down

Can you tell us a bit more? Why it was not profitable, where did you mine? How much did you spend in hardware? What was your cost of electricity? Was is residential or commercial connection?

I dont' know what else i can tell you here?

Product Bitmain Antminer D3
Condition brand new
location Delhi/Gurgaon INDIA
Quantity 5

isn't just straight up investing better than mining? I mean an L3+ in India is costing around 2.5 Lakh at least (if you are lucky) and will take a year just to get your money back

Put that 2.5 In BTC, chances of getting yor money out in 3 months are way higher

Say i had large sums of cash, cash in NYC or any other major metro in america. Can i find people that will be willing to sell BTC for cash at current market price?

My electricity cost is $0.09 Kw/h I have 3 hardware options, which one is the best pick?

D3 for $2,000 (6 available)
L3+ for $4538 (30 available)
S9 for $3384 (2 available)

Which one would you buy and why?

Ready to go, delivered brand new from bitmain last week

Current price is 1.5 L cash INR or equivalent USD.

Ready to go!

Let me know

I can take BTC for cash in USD, INR Or any other major currency in Delhi/NCR

I want to buy without going through exchange and escrow fees. I will pay cash, we meet in public place. I would love to get some discount but if not, ready to buy at market price based on big US exchanges such as bitflex. For reference current price http://bitcointicker.co/bitfinex/btc/usd/

Thanks, let me know

Thanks for the kind words.

absolurtely,  near cyber Hub Gurgaon and I am usually in that area after 7 pm till around 1 am, that’s if I am not Travelling.

Send me a pm and let’s grab a beer or coffee this week, I am not available on wekeneds

Which part of this is not a good plan?

I never said I am the first one to think of any of the items I mentioned (mining, trading, arbitrage etc). In fact I have never done anything in any business where I was the first one to think of the idea. I just saw an opportunity and worked hard on it. Actually now that I am thinking about it, as a kid also I never did anything where I was the first one to do it, going to school? Already invested by others, playing sports, already others did it, golfing, tiger woods taught the world but guess what? I was very very good at all of those things.

Website or app - takes literally an hour to put together a very nice website and app. What does that achieve?

Don’t plan on more talking on btctalk

Thanks for stopping by