Bitdeer Broadcasts Public sale for Used Mining Gear

Bitdeer (NASDAQ: BTDR) has introduced a forthcoming public sale for used mining gear on its official web site. The public sale will function a complete of two,880 used Antminer S19 models from Bitdeer’s Norway mining datacenter. The beginning value for the public sale is about at $270,000.

The public sale will embody two kinds of Antminer S19 fashions: the Antminer S19-95T and the Antminer S19-90T. Among the many complete models, 2,132 are Antminer S19–95T, whereas 748 are Antminer S19–90T. The public sale begins on September 24, 2024, at 10:00 AM in UTC+8 and ends on September 26, 2024, at 10:00 AM in UTC+8. Print bidders want to begin bidding at $270 000, whereas web bidders want to offer a bid deposit of $10 000 to take part within the bid. Bid increments are at $1000.

So as to qualify for public sale, the bidder is required to pay the deposit within the type of USDT, and this needs to be performed not less than one enterprise day earlier than the shut of the public sale to permit for any transaction restriction or delay. The deposit shall be returned in full if a bid is unsuccessful, though the refund quantity can depend upon the on-chain processing pace.

Bitdeer to Public sale 2,880 Used Mining Units from Norway Facility

The gear put below public sale consists of two,880 mining gadgets, which had been purchased and used between December 2020 and Could 2021. They’re presently getting used at the Bitdeer Norway plant, as indicated within the facility. For example, the models could have no energy cords, and the corporate doesn’t assure the guarantee or after-sales providers.

The profitable bidders shall be required to arrange for direct pick-up of the machines from the Norway mining farm. They’ll both personal a logistics service or rent one from the corporate beneficial by the Bitdeer platform. The corporate offered a tentative date for the cargo of those fashions, which is mid-October 2024.

The varied events that could be concerned about bidding to undertake the enterprise ought to know that the used mining machines could not appear to be new ones and should function at decrease frequencies owing to varied elements akin to adjustments available in the market value, price of electrical energy, and mining problem, that are usually past the management of the miners. Earlier than putting a bid, the consumers must analysis the reliability and efficiency of those used machines. Moreover, if the machines are to be utilized internally inside Norway, they are going to entice a value-added tax of 25%.