Is there a fee to sell my miner on Marketplace?
Marketplace sales have a 10% seller fee. It's waived if you use your proceeds to buy a new miner from Simple Mining within 30 days.
Yes. When your miner sells on the Simple Mining Marketplace, a 10% seller fee is deducted from the sale price.
When is the fee waived?
The 10% seller fee is waived if you use your sale proceeds to buy a new miner from Simple Mining within 30 days of your sale.
When does the fee still apply?
The standard 10% fee applies if your proceeds are:
- Applied as a credit to your hosting invoice
- Used to buy another miner on the Marketplace
- Paid out to you
How do I get the fee waived?
Once your offer is accepted, contact our support team at support@simplemining.io and let us know you'd like to put your proceeds toward a new miner purchase. Make your purchase within 30 days of your sale to qualify.
Related: If I sell my miner on Marketplace, do I get my deposit back?