Selling ASIC Miners in Lots: The Per-Unit and Fee Math

Written by Nick Squires · eBay seller since 2009, owner of ING Mining LLC · how these guides are researched

A lot of eight Antminer S19s sold on 6 June 2026 for $1,080 — $135 a machine,
against a $150 median for the same model sold one at a time. That is the entire per-unit
penalty for selling ASIC miners in lots: about eight percent. And eBay’s fee
structure, which everyone assumes rewards consolidation, hands back $2.80 of
it. If you’re selling Bitcoin miners on eBay and
deciding whether to break a shelf of machines into individual listings, the money is not where
you think it is.

One pallet or six boxes. The scale does tip — but it is one coin doing it, and the coin is the shipping rather than the fee.

What selling ASIC miners in lots does to the per-unit price

Pooling twelve queries against our own sold-comp database — 864,000 records collected through
2026-07-17 — returned 1,284 unique sold rows, of which 15 were whole-machine lots
across 10 distinct sellers, sold between 18 April and 15 July 2026. Four are the Antminer S19
family in the 95–105 TH class, the machines we actually hold:

Sixteen machines, three sellers, a per-unit median of $137.50 in a band of
$129.00 to $143.33. The comparison figure is the cleaned single-unit median for that machine,
$150.00 on seven whole units, which we published in the
price-per-terahash study. So the lot discount
here is 8.3%.

Much smaller than the folklore — and a four-row sample from three sellers, so nobody should
treat it as a law. Two rows in the same pull argue against it, and both matter more than the
headline:

• One S19 XP lot sold at a premium. Three units, $1,400, 18 April 2026 —
  $466.67 a machine, against the $325.50 full-spec XP median on the sibling page. That is
  43% above single price, in a lot. It is one sale, so it proves nothing; it
  does show the discount isn’t structural.
• The S21 lots show no discount at all. Ten units at $959.70 each, six at
  $933.33, five at $999.40 — against the only clean whole-S21 comp in the database, a single
  machine at $999.00. Current-generation hardware moves at the same money whether you sell one
  or ten, because the buyer is a farm adding capacity, not a flipper hunting a bargain.

And one row that should not be averaged into anything. The same seller who took $959.70 a
machine for ten S21s on 15 July had, the day before, a “LOT of 30pcs” of the same model close at
$3,000 — $100 a machine. Both cannot be right. Either the title is wrong or the
price was a deposit, and a mean across those two rows would describe neither. This is the
dirty-comp problem in miniature: lot titles are the worst
data in an already messy category, because the unit count lives in free text.

The fee math, which is smaller than everyone thinks

eBay’s published rates, read off
eBay’s selling-fees page on 29 July
2026: a final value fee charged as a percentage of the total amount of the sale
calculated per item, plus a per-order fee of $0.40 on orders over $10.00. The
percentage drops to 2.35% on the portion of a single item’s sale above $7,500.
Insertion fees are zero for the first 250 listings a month, then $0.35 — and a listing with
multiple items is charged once, not per unit.

So hold the money constant and just change the packaging. Same machines, same total, one listing
or many:

The first three rows are just the per-order fee: $0.40 saved for every listing you didn’t
create. That’s it. Below $7,500 a lot has no percentage advantage, because the
percentage is flat. The fourth row is different in kind — that lot is one item over $7,500, so
$2,097 of it is taxed at 2.35% instead of 13.25%.

That threshold is the only structural break in the whole fee table, and almost no
miner lot reaches it. At $140 a machine you need 54 units in a single
listing to cross $7,500, and the saving above the line is 10.9 cents on the dollar of
the excess only. If your lot is worth less than $7,500, eBay is indifferent to how you package
it and so should you be.

Shipping is the variable that actually decides it

Take the real $1,080 lot of eight and price the alternative honestly. Eight singles at the
$150 median, with the median shipping charge those sales carried — $30.53, which 87% of
single-machine sellers pass to the buyer:

Listing them singly wins by $68.94 — $8.62 a machine — and only if the buyer
pays the postage. Offer free shipping on eight thirty-pound boxes and the lot wins by
$142.94. eBay’s fee applies to the shipping you collect too, so that $30.53
costs $4.05 a unit before the carrier is paid. The lot row shows no shipping at all, meaning
the pallet came out of the $936.50; we don’t know what it cost that seller and haven’t guessed.

So: $8.62 a machine, for eight boxes instead of one and eight return windows instead of one. The $30.53 median above came from a narrower set than what it costs to ship heavy equipment measures — $50 across 171 single machines — and the two together say the same thing: the charge tracks the box, not the price of what is in it.
That is close enough that speed should decide it, not the arithmetic.

Miners are 13.25%, not 13.6% — check your category

Every fee calculator on the internet uses 13.6%. eBay files ASIC miners under
Collectibles & Art › Coins & Paper Money ›
Virtual Currency › Miners, and the rate for
Coins & Paper Money excluding Bullion is 13.25%. List the identical machine
under Computers/Tablets & Networking instead and you are in the 13.6% band. Both figures are
on eBay’s page linked above, both verified 29 July 2026.

Small, but larger than every per-order fee in this article combined, and it costs nothing to
get right. It also complicates something we publish elsewhere: our own app defaults to 13.25%,
and the Vendoo comparison calls that stale against the
13.6% most-categories rate. For a miner listed in eBay’s own Miners category the default is
correct. It is low for nearly everything else in the app. Both statements hold; the
default is right for one category and optimistic for the rest.

Our own lot ladder, and where it doesn’t survive the data

Here is our own store on 29 July 2026. These are asking prices, not sales, which is exactly why
they are worth showing:

The lot of 5 asks more per machine than the single next to it, and no sold lot in the
database has ever cleared $143.33 a unit. The lot of 50 sits $500.01 under $7,500
— a hair below the only line in eBay’s fee table that would have paid us anything for lotting
fifty machines. And selling those fifty as a lot rather than as singles at our own $159.99 gives
up $847.47, of which the fee saving accounts for $19.60.

This is also a correction to our own tooling. The first
Inventory Health scan flagged that Lot of 20 at $3,000
as sitting 8,471% above market, because it matched a twenty-machine lot to a $35 single-unit
part. Priced properly — per unit, against lot comps — $150 is above the $129.00–$143.33 band
but nowhere near wrong. The criticism was real and the magnitude was nonsense.

The rule

• Lot it if the total clears $7,500. That is the only place eBay pays you to, and it pays properly — $232.17 on the $9,597 example.
• Lot it if the machines are current-generation. The S21 rows show no per-unit discount at all, so consolidation is free.
• Lot it if you’d be offering free shipping. Eight labels cost more than the price difference and the fees put together.
• List singly otherwise — and expect to be about $8.62 a machine better off, which is not a lot of money for eight times the packing.
• Never lot to save fees. Below $7,500 that saving is $0.40 per listing avoided, and it shrinks further when one buyer takes several of your singles in a single checkout, which eBay counts as one order.

The app does this arithmetic in the buying direction today — paste a manifest into the Lot
Analyzer and get a per-unit net with fees and shipping already deducted, or point the
Resale Value Scanner at a single machine for the same
“pay up to” number. Neither of them prices a lot you are about to sell; that sum is
the one above, and it is a spreadsheet.
Download ING Listing Engine — free beta,
Windows, no card.

Common questions

Do you pay lower eBay fees selling in a lot?

Barely. The final value fee is a flat percentage below $7,500, so packaging eight machines into
one listing instead of eight saves only seven per-order fees — $2.80. The exception is real but
narrow: on the portion of a single item’s sale above $7,500 the rate falls to 2.35%, which on a
$9,597 lot saves $232.17 against ten separate sales at the same per-unit price.

What eBay category do Bitcoin miners belong in, and what does it cost?

eBay’s own tree puts them at Collectibles & Art › Coins & Paper Money › Virtual Currency
› Miners. Coins & Paper Money excluding Bullion carries a 13.25% final value fee up to
$7,500 per item and 2.35% above, verified 29 July 2026. The same machine listed under
Computers/Tablets & Networking falls in the 13.6% band — $26.25 more on a $9,597 sale.

How much less does an ASIC miner sell for in a lot?

On the four Antminer S19 95–105TH lots in our sold-comp database, $129.00 to $143.33 a machine,
median $137.50, against a $150.00 cleaned median for the same model sold singly — about 8%.
One Antminer S19 XP lot sold 43% above single price, and three Antminer S21 lots showed
no discount at all. Fifteen lot sales across ten sellers is a thin sample and should be treated
as one.

Does eBay charge a final value fee on shipping?

Yes. The total amount of the sale includes shipping collected from the buyer, so a $30.53
shipping charge on a miner costs $4.05 in fee before you pay the carrier. That is the main
reason free shipping on multiple heavy single listings loses to a lot: eight labels at $30.53
is $244.24 out of your own pocket, against $2.80 of fee saved by lotting.

How many machines does a lot need to be worth it on fees alone?

At $140 a machine, 54 — that is what it takes to push one listing past $7,500. Below that
threshold the fee percentage never changes, so the answer is that no lot size makes it worth it
on fees alone. Lot for speed, freight and a single return window instead.

Filed under Reselling Hardware · Tagged ASIC miners, Sold comps, Fees & margin, Dirty data · Browse all guides by topic