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Where Can I Sell Used ASIC Miners and GPU Mining Rigs?

Posted by QuoteColo on June 02, 2019 - Updated on February 11, 2024

When you start to get into mining rigs for mining cryptocurrency, you likely start to buy the latest and greatest ASIC miners and GPU rigs that you can find. You want to have the fastest and best options when it comes to mining, so you will have a better chance of getting a part of a Bitcoin or other cryptocurrency. However, when you are in this field, you have to realize that you will always be chasing the next fastest machine out there. The one that you had last year probably won’t compare well to the next miner that’s coming out in a few months.

What does this mean for you and all of those miners that you might have that are going to be collecting dust soon? It means you will need to figure out exactly what you are going to be doing with them. Fortunately, there are a few options that you can try.

Online Sites

Naturally, the go-to solution when you are selling used ASIC miner hosting and GPU rigs is to sell online. There are many different locations where you can sell ASIC miners, with places like Craigslist and eBay being two of the most prominent. You can list the information about the machine, what it comes with, and all of the other pertinent information. Always make sure that you account for the cost of shipping the unit.

Online Forums

In addition to the usual online sites, start to think about some of the other locations where people might be interested in buying these types of rigs. Namely, you will want to focus on sites with forums for those who are interested in mining for cryptocurrency. These forums can put you in touch with others who might want to get started, but who don’t have a lot of money. They might be looking for an entry-level machine just like the one you are selling.

Sell the Parts and Pieces to Computer Enthusiasts

With some of the miners and GPUs, even though they might not be able to keep up with all of the newer options on the market, it does not mean that they are entirely obsolete. Other people who might be building their own computers, for example, could benefit from a solid GPU. They might benefit from the fans, as well. There are ways that you could parcel out the units piecemeal or sell entire units to be dismantled and then used as needed.

GPU/CPU Buyers

There are countless companies that will acquire GPU and CPU units. Some of these buyers are easy to find and others are not. The process is simple – send them a list of equipment and they will send you a quote. If you agree to the quote and terms, they send you the shipping boxes and a prepaid shipping label. Once the units are received, clients will get paid in 3-5 days based on inspection terms. Any items that fail inspection, will get returned at no cost to the client.

We offer pre-qualified GPU/CPU buyers in our sell GPU marketplace.

Tips for Selling

Don’t assume that you will be selling these directly to people who are going to use them for the same purpose. Most of the time, they will be doing the same sort of thing you are doing and trying to upgrade their machines.

Something else that you will want to consider when you are selling your old ASIC miners or GPU rigs is that the sooner you sell, the better. Rather than holding onto a miner until you have no choice but to upgrade, you might want to try to sell a little earlier. This way, there will still be other miners who will be interested in buying it.

Depending on the age of the miners and their overall quality, you might find that some will be more difficult to sell than others are. However, it never hurts to list them in a few places and then see if anyone might be interested in them. If not, and if you do not have any other use for them, you might want to consider recycling them or even selling them for scrap if needed.

Contact us for more information sales(at)quotecolo.com. We have a HUGE buy/sell miner marketplace with buyers looking for gear  like the Antminer S21 and S19 around the world.

 

 

 

Categories: Bitcoin

One Comment

  1. BillMay 10, 2022 at 5:36 pm

    Looking to sell 4 dragonmint 17ts … any advice?

    Reply

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