Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: Jartsu on May 02, 2016, 08:56:43 PM



Title: ASIC USB Miner for altcoins?
Post by: Jartsu on May 02, 2016, 08:56:43 PM
Hey,

I am really interested trying it out. Is this possible to mine altcoins with usb miner?


Title: Re: ASIC USB Miner for altcoins?
Post by: VirosaGITS on May 03, 2016, 01:24:23 AM
There's altcoins for SHA256d and Scrypt which both have USB sticks miners.


Title: Re: ASIC USB Miner for altcoins?
Post by: Jartsu on May 03, 2016, 05:56:29 AM
There's altcoins for SHA256d and Scrypt which both have USB sticks miners.

So it's possible. Thank You


Title: Re: ASIC USB Miner for altcoins?
Post by: merelcoin on May 03, 2016, 05:59:27 AM
They sell these in china:

http://www.aliexpress.com/item/2014-hot-selling-litcoin-USB-miner-144k-Overclock-to-220kH-s-Asic-mining-LTC-Litcoin/2023722359.html?spm=2114.30010308.3.9.eJuRKv&ws_ab_test=searchweb201556_8,searchweb201602_5_10017_10034_10021_507_10022_10020_10009_10008_10018_10019,searchweb201603_9&btsid=8f4522f6-bd2d-424d-9fb9-56a6daf7035b

I have no experience with them, but they seem to be scrypt USB-ASIC's... 144k is not to bad, considering the ammount of power these sticks usually consume, but like you can see here: https://litecoin.info/Mining_hardware_comparison the 144k is pretty low compared to a good graphics card, so you might want to consider buying a good GPU instead of an scrypt usbstick ;)


Title: Re: ASIC USB Miner for altcoins?
Post by: jpucela14 on May 03, 2016, 07:02:27 AM
Hey,

I am really interested trying it out. Is this possible to mine altcoins with usb miner?
You have to take into account that the speed of these devices are quite slow related to its prices so... i would choose another asic that cost a little bit more and get more hashing speed


Title: Re: ASIC USB Miner for altcoins?
Post by: QuintLeo on May 03, 2016, 07:57:17 AM
Futurebit Moonlander (I think I got the full name right) is a USB Scrypt miner using the Alcheminer chip. It's advertised on the forums here somewhere.

 Don't think anything else is available at this time other than older, less efficient USED gear, and MAYBE a pre-order "does it really exist at all?" X11 stick miner.



Title: Re: ASIC USB Miner for altcoins?
Post by: Jartsu on May 03, 2016, 09:27:59 AM
I am thinking to buy that 330Mh/s one.


Title: Re: ASIC USB Miner for altcoins?
Post by: Amph on May 03, 2016, 10:40:58 AM
I am thinking to buy that 330Mh/s one.

not profitable anymore, you should have bought the one from batch 1 for asix x11 that was the one with the faster roi, now going to scrypt or whatever will require you 3 months if no more

plus add the diff increase and you're done, no roi ever


Title: Re: ASIC USB Miner for altcoins?
Post by: Jartsu on May 03, 2016, 10:42:12 AM
I am thinking to buy that 330Mh/s one.

not profitable anymore, you should have bought the one from batch 1 for asix x11 that was the one with the faster roi, now going to scrypt or whatever will require you 3 months if no more

plus add the diff increase and you're done, no roi ever

I won't mine bitcoin and i'll mine sha256


Title: Re: ASIC USB Miner for altcoins?
Post by: merelcoin on May 03, 2016, 11:12:59 AM
I am thinking to buy that 330Mh/s one.

not profitable anymore, you should have bought the one from batch 1 for asix x11 that was the one with the faster roi, now going to scrypt or whatever will require you 3 months if no more

plus add the diff increase and you're done, no roi ever

I won't mine bitcoin and i'll mine sha256

You'll buy one of those 333Mh/s usbsticks? Please be advised : http://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=0.333&p=1&pc=0.001&pf=0.00&d=178659257772.52700000&r=25.00000000&er=454.02490000&hc=0.00

That's less than 0.000001BTC per day, at current block reward and diff... the block reward will halve in a very short time, so you'll make less than 0.0000005BTC/day

A lot of mining pools have a 0.01 minimum withdrawal... This means that you'll have to keep on mining 24/7 for 10000 days before you can even withdraw your coins at current diff...


Title: Re: ASIC USB Miner for altcoins?
Post by: Jartsu on May 03, 2016, 12:43:28 PM
I am thinking to buy that 330Mh/s one.

not profitable anymore, you should have bought the one from batch 1 for asix x11 that was the one with the faster roi, now going to scrypt or whatever will require you 3 months if no more

plus add the diff increase and you're done, no roi ever

I won't mine bitcoin and i'll mine sha256

You'll buy one of those 333Mh/s usbsticks? Please be advised : http://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=0.333&p=1&pc=0.001&pf=0.00&d=178659257772.52700000&r=25.00000000&er=454.02490000&hc=0.00

That's less than 0.000001BTC per day, at current block reward and diff... the block reward will halve in a very short time, so you'll make less than 0.0000005BTC/day

A lot of mining pools have a 0.01 minimum withdrawal... This means that you'll have to keep on mining 24/7 for 10000 days before you can even withdraw your coins at current diff...

Didn't I say that, I won't mine "Bitcoins :D :D"


Title: Re: ASIC USB Miner for altcoins?
Post by: Quartx on May 03, 2016, 12:46:53 PM
If I am not wrong USB Miners are not worth it at all, hard to even roi


Title: Re: ASIC USB Miner for altcoins?
Post by: merelcoin on May 03, 2016, 12:52:37 PM
I am thinking to buy that 330Mh/s one.

not profitable anymore, you should have bought the one from batch 1 for asix x11 that was the one with the faster roi, now going to scrypt or whatever will require you 3 months if no more

plus add the diff increase and you're done, no roi ever

I won't mine bitcoin and i'll mine sha256

You'll buy one of those 333Mh/s usbsticks? Please be advised : http://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=0.333&p=1&pc=0.001&pf=0.00&d=178659257772.52700000&r=25.00000000&er=454.02490000&hc=0.00

That's less than 0.000001BTC per day, at current block reward and diff... the block reward will halve in a very short time, so you'll make less than 0.0000005BTC/day

A lot of mining pools have a 0.01 minimum withdrawal... This means that you'll have to keep on mining 24/7 for 10000 days before you can even withdraw your coins at current diff...

Didn't I say that, I won't mine "Bitcoins :D :D"

Maybe, just maybe... If you keep an eye on the altcoin announcement thread, and you start mining every new sha256 coin that hits the market untill the diff starts to rise, maybe you'll get lucky one day and mine a couple of coins that rise enough to ROI.

But, it's a longshot TBH.

BTW: those 333Mh/s sticks usually cost almost as much as a gekkoscience compaq... But this compaq can be overclocked to 23 Ghs, meaning it can be up to 69 times faster for almost the same price ;)


Title: Re: ASIC USB Miner for altcoins?
Post by: Jartsu on May 03, 2016, 12:56:25 PM
I would just probably "test" it out. Difficulty for that coin is at the moment kinda low, calculator said $100 Weekly what actually is like "non-sense" ..


Title: Re: ASIC USB Miner for altcoins?
Post by: merelcoin on May 03, 2016, 12:59:06 PM
I would just probably "test" it out. Difficulty for that coin is at the moment kinda low, calculator said $100 Weekly what actually is like "non-sense" ..

Make sure you don't switch Mhs, Ghs and Ths... you are talking about a 333 Mhs stick... In coinwars, the standard hashrate is expressed in Ghs, meaning that you'll need to enter 0.333 to make a calculation to find out how much you'll mine.
I'm pretty sure you'll be able to mine $100/week with 333 Ths of mining power for almost all tradable altcoins on the market today... with 333 Mhs, i think it won't be possible. ;)


Title: Re: ASIC USB Miner for altcoins?
Post by: Jartsu on May 03, 2016, 01:00:31 PM
I would just probably "test" it out. Difficulty for that coin is at the moment kinda low, calculator said $100 Weekly what actually is like "non-sense" ..

Make sure you don't switch Mhs, Ghs and Ths...
I'm pretty sure you'll be about to mine $100/week with 333 Ths of mining power for most tradable altcoins on the market today... with 333 Mhs, i think it won't be possible. ;)

Calculator has "Hash Rate (KH/s):" 330Mh/s is 330000KH/s or am I wrong?


Title: Re: ASIC USB Miner for altcoins?
Post by: merelcoin on May 03, 2016, 01:02:20 PM
I would just probably "test" it out. Difficulty for that coin is at the moment kinda low, calculator said $100 Weekly what actually is like "non-sense" ..

Make sure you don't switch Mhs, Ghs and Ths...
I'm pretty sure you'll be about to mine $100/week with 333 Ths of mining power for most tradable altcoins on the market today... with 333 Mhs, i think it won't be possible. ;)

Calculator has "Hash Rate (KH/s):" 330Mh/s is 330000KH/s or am I wrong?

That should be correct... If in doubt, check this table : https://en.wikipedia.org/wiki/Metric_prefix
From Mh/s to Kh/s => add 3 zero's ;)


Title: Re: ASIC USB Miner for altcoins?
Post by: Jartsu on May 03, 2016, 01:09:08 PM
I would just probably "test" it out. Difficulty for that coin is at the moment kinda low, calculator said $100 Weekly what actually is like "non-sense" ..

Make sure you don't switch Mhs, Ghs and Ths...
I'm pretty sure you'll be about to mine $100/week with 333 Ths of mining power for most tradable altcoins on the market today... with 333 Mhs, i think it won't be possible. ;)

Calculator has "Hash Rate (KH/s):" 330Mh/s is 330000KH/s or am I wrong?

That should be correct... If in doubt, check this table : https://en.wikipedia.org/wiki/Metric_prefix
From Mh/s to Kh/s => add 3 zero's ;)
Then it's right.. There are also traders for that type. I'll buy USB Miner and will report back ;)


Title: Re: ASIC USB Miner for altcoins?
Post by: jstefanop on May 04, 2016, 06:14:05 PM
Link for my Scrypt USB stick is in my sig...it does up to 1MH/s


Title: Re: ASIC USB Miner for altcoins?
Post by: Rabinovitch on May 06, 2016, 03:50:41 AM
There should be released an USB miner for X11 algo soon.

https://www.dash.org/forum/threads/pinidea-asic-x11-miner-du-1-usb-version-hashrate-8-5-mh-s-releasing-in-mid-may-2016.8624/ (https://www.dash.org/forum/threads/pinidea-asic-x11-miner-du-1-usb-version-hashrate-8-5-mh-s-releasing-in-mid-may-2016.8624/)


Title: Re: ASIC USB Miner for altcoins?
Post by: Ayers on May 06, 2016, 05:53:30 AM
There should be released an USB miner for X11 algo soon.

https://www.dash.org/forum/threads/pinidea-asic-x11-miner-du-1-usb-version-hashrate-8-5-mh-s-releasing-in-mid-may-2016.8624/ (https://www.dash.org/forum/threads/pinidea-asic-x11-miner-du-1-usb-version-hashrate-8-5-mh-s-releasing-in-mid-may-2016.8624/)

this is better than old stick for sha256, because x11 is very profitbale for gpu also with cheap energy, 8.5 mega is equal to one 970 with that wattage would be profitable without doubt, but it need to cost cheap enough


Title: Re: ASIC USB Miner for altcoins?
Post by: jpucela14 on May 07, 2016, 02:04:04 PM
There should be released an USB miner for X11 algo soon.

https://www.dash.org/forum/threads/pinidea-asic-x11-miner-du-1-usb-version-hashrate-8-5-mh-s-releasing-in-mid-may-2016.8624/ (https://www.dash.org/forum/threads/pinidea-asic-x11-miner-du-1-usb-version-hashrate-8-5-mh-s-releasing-in-mid-may-2016.8624/)

this is better than old stick for sha256, because x11 is very profitbale for gpu also with cheap energy, 8.5 mega is equal to one 970 with that wattage would be profitable without doubt, but it need to cost cheap enough
Price? It coul be much cheaper than a gpu and be as profitable as gpu... algo the asic's power consumition is lower