As a seasoned researcher with years of experience in the cryptocurrency and mining industry, I find this latest announcement by Bitdeer intriguing. The prospect of bidding for 2,880 used Antminer S19 units is indeed tantalizing, especially given the competitive prices they’re offering.
On its official site, Bitdeer (NASDAQ: BTDR) has revealed an upcoming auction for second-hand mining equipment. This auction will showcase a grand total of 2,880 previously used Antminer S19 units from Bitdeer’s mining datacenter in Norway. The initial price set for this auction is $270,000.
The auction will feature two variants of Antminer S19 models: the Antminer S19-95T and the Antminer S19-90T, with 2,132 units of the former and 748 units of the latter. The bidding process begins on September 24, 2024, at 10:00 AM in UTC+8, ending on the same date and time. To participate, print bidders must start their bids at $270,000, while internet bidders are required to deposit $10,000 and increase their bids in increments of $1,000.
As a crypto investor preparing for an upcoming auction, it’s essential to understand that a USDT deposit is required to qualify for bidding. This deposit should be made at least one business day prior to the auction’s closure, taking into account any potential transaction restrictions or delays. If your bid isn’t successful, you can rest assured that your full deposit will be returned. However, the speed at which the refund is processed may depend on the on-chain transaction processing speed.
Bitdeer to Auction 2,880 Used Mining Devices from Norway Facility
The up-for-bidding items include approximately 2,880 mining tools, purchased and operated from December 2020 to May 2021. At present, these devices are in operation at the Bitdeer Norway facility, as suggested within the premises. Notably, these units won’t come with power cords, and the company does not provide warranty or post-sale services.
Winners of the bid must arrange for immediate collection of the machines directly from the Norway mining facility. They may choose to operate their own logistics service or contract one through the recommended company by Bitdeer platform. The company has tentatively scheduled the shipment of these models for mid-October 2024.
Potential bidders for the business opportunity should understand that the second-hand mining equipment might appear worn and function at reduced speeds due to factors like fluctuating market prices, electricity costs, and mining complexities, which are typically out of miners’ control. Before submitting a bid, it is essential for buyers to investigate the dependability and efficiency of these pre-owned machines. Additionally, if the equipment will be employed domestically within Norway, a 25% value-added tax will apply.
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2024-09-15 17:26