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Title: USB Powered Miner >300MH/s Post by: QuiveringGibbage on May 11, 2013, 04:47:32 AM The Block Erupter USB series is the second major product of Bitfountain. Each one mines at more than 300MH/s, powered only by the USB port. See https://bitcointalk.org/index.php?topic=195004.0 for more details.
http://i39.tinypic.com/10hlifk.jpg Hashrate: >300MH/s Power Consumption: USB Power 500mA (2.5W) Cost Price: 1.99BTC each (min. 300 units, or 597BTC) Your best bet to get your hands on these USB Miners early is to join a group buy. Check out the Custom hardware forum (https://bitcointalk.org/index.php?board=76.0) to join group buys to purchase units. You should always read all the terms of the group buy before committing to an order and always insists on escrow. Happy mining, QG Title: Re: USB Powered Miner >300MH/s Post by: QuiveringGibbage on May 11, 2013, 10:09:49 AM Who doesn't want a USB powered miner?
QG Title: Re: USB Powered Miner >300MH/s Post by: sexcoyote on May 11, 2013, 10:18:00 AM if they sell 2 or 3 alone I might be interested ....
Title: Re: USB Powered Miner >300MH/s Post by: theflyway on May 11, 2013, 10:18:42 AM Me because Id rather keep my 2BTC than buy a USB miner for 2BTC which will return less than 1BTC over its lifespan...
Title: Re: USB Powered Miner >300MH/s Post by: erem on May 11, 2013, 10:21:41 AM is this radiator included?
Title: Re: USB Powered Miner >300MH/s Post by: Foamy on May 11, 2013, 10:23:27 AM too expensive for only 300mh/s with asics coming out.
Title: Re: USB Powered Miner >300MH/s Post by: sexcoyote on May 11, 2013, 10:32:30 AM the cost is the same of fpga...
Title: Re: USB Powered Miner >300MH/s Post by: gnoll110 on May 11, 2013, 11:26:32 AM too expensive for only 300mh/s with asics coming out. The way I read their blurb, is that these are ASIC chips, but not Avalon? Title: Re: USB Powered Miner >300MH/s Post by: QuiveringGibbage on May 11, 2013, 11:45:08 AM The way I read their blurb, is that these are ASIC chips, but not Avalon? Not from Avalon. From ASICMINER https://bitcointalk.org/index.php?topic=99497.0QG Title: Re: USB Powered Miner >300MH/s Post by: BitcoinBoss on May 11, 2013, 11:48:58 AM this looks really cool, if it performs as described, not sure if it's worth the money but it is a great concept :)
Title: Re: USB Powered Miner >300MH/s Post by: QuiveringGibbage on May 11, 2013, 12:05:15 PM http://i41.tinypic.com/2zexbi1.jpg
http://i42.tinypic.com/2z589s5.jpg More pictures to drool over. :) QG Title: Re: USB Powered Miner >300MH/s Post by: gnoll110 on May 11, 2013, 12:09:24 PM if they sell 2 or 3 alone I might be interested .... Hi sexcoyote The manufacture is selling these single chip (I think) ASIC USB miners in minimum orders of 300. This thread is an attempt to put together a buying group to get to the magic 300. QG has set a minimum order size of 4 to keep the shipping & handling per miner down. Cheers Title: Re: USB Powered Miner >300MH/s Post by: koincollector on May 11, 2013, 12:21:54 PM too expensive for only 300mh/s with asics coming out. Yea might as well buy a half-descent GPU as at least you could use it for gaming or resell to gain some bucks back. When ASIC's finally arrives i don't see why anyone would buy a USB miner except for maybe novelty purposes. Title: Re: USB Powered Miner >300MH/s Post by: tineron on May 11, 2013, 12:25:40 PM I think this is a great idea to introduce others to bitcoin.
Title: Re: USB Powered Miner >300MH/s Post by: phm on May 11, 2013, 12:45:43 PM One Avalon chip costs 0.078 BTC. This device costs 2 BTC while having similar performance. Is the heatsink made of gold?
Title: Re: USB Powered Miner >300MH/s Post by: BitcoinBoss on May 11, 2013, 01:41:09 PM in theory, is this device a good idea for laptop mining as i dont have a desktop with a GPU? :)
Title: Re: USB Powered Miner >300MH/s Post by: talexeh on May 11, 2013, 02:07:06 PM I think this is a great idea to introduce others to bitcoin. There are a lot of ways to introduce bitcoin mining to others. Spending 2 BTC for one is kinda overpriced.Title: Re: USB Powered Miner >300MH/s Post by: l3t0m on May 11, 2013, 02:44:50 PM big investment for 300MH/s, and now with ASIC...
Title: Re: USB Powered Miner >300MH/s Post by: QuiveringGibbage on May 11, 2013, 02:51:33 PM big investment for 300MH/s, and now with ASIC... When do you think it's possible to deploy an ASIC? The USB Miner can be in your hands and running in less then 30days @ 2.5W.QG Title: Re: USB Powered Miner >300MH/s Post by: AzureEngineer on May 11, 2013, 02:53:21 PM No reason to buy this. It only costs $100 less than a 7950, does 300 less mh/s, and has little to no resale value.
Title: Re: USB Powered Miner >300MH/s Post by: toiminto on May 11, 2013, 03:00:54 PM It's definetly an interesting concept but the price is too damn high. It would be a game changer if the price was 10th of what it is now. Not sure what the production costs are though but I'd suspect there's a nice bit of air in the price
Title: Re: USB Powered Miner >300MH/s Post by: BitshireHashaway on May 11, 2013, 03:07:27 PM If you can get this to work with LTC pm me, (for the price and 300kh/s hash rate) though for btc with Asics its not worth it at that price.
Title: Re: USB Powered Miner >300MH/s Post by: Nik1ab on May 11, 2013, 03:48:16 PM If you can get this to work with LTC pm me, (for the price and 300kh/s hash rate) though for btc with Asics its not worth it at that price. true Title: Re: USB Powered Miner >300MH/s Post by: AlienMonkeyDXB on May 11, 2013, 03:59:26 PM Looks awesome! How much does it cost and what kind of returns are we looking at?
Thank you! Title: Re: USB Powered Miner >300MH/s Post by: cryptomaniac on May 11, 2013, 04:06:32 PM not worth a penny... your investmend will never return, butcoin difficulty is alreadz too damn high, over 9000 :D
Title: Re: USB Powered Miner >300MH/s Post by: ChekaZ on May 11, 2013, 04:51:10 PM It wont last that long to reproduce that 2 BTC :b
Title: Re: USB Powered Miner >300MH/s Post by: solveddos on May 11, 2013, 06:06:21 PM Price has to be lowered drastically or it won't sell. For a few 100s more you get a high end video card that can do much more than that.
Title: Re: USB Powered Miner >300MH/s Post by: bitzip on May 11, 2013, 07:00:10 PM I've entered a UK buying group. They have orders for 99 units. No one has placed an order in the last day or so.
Title: Re: USB Powered Miner >300MH/s Post by: azw409 on May 11, 2013, 07:49:41 PM It's a nice idea and if they were $50 each, I'd buy a couple. Currently you'd get similar hash rate from 2nd hand ati 6870's from eBay at around $50 and you can sell them again when they're worthless for mining.
They're incredibly poor value at $240, compared to a BFL Jalapeņo which would do 5GH/s at $275. If they have the chips, they should bundle them together into something more powerful for the same price. Title: Re: USB Powered Miner >300MH/s Post by: SolarSilver on May 11, 2013, 10:14:30 PM No reason to buy this. It only costs $100 less than a 7950, does 300 less mh/s, and has little to no resale value. I'm sure your 7950 will not be a collectors item like this USB puppy will be Quote from: azw409 They're incredibly poor value at $240, compared to a BFL Jalapeņo which would do 5GH/s at $275. "would" is the right verb here, as they are not likely to ship out your BFL order until after August 2013 (2014?) ASICminer has only auctioned off items they are ready to ship out asap Again, time will tell.... you can vote with your money. I know where the smart BTC will be spent.... Title: Re: USB Powered Miner >300MH/s Post by: cnaw on May 12, 2013, 02:16:54 AM No reason to buy this. It only costs $100 less than a 7950, does 300 less mh/s, and has little to no resale value. Which ones costs more to operate in the long run? Title: Re: USB Powered Miner >300MH/s Post by: JohnyBigs on May 12, 2013, 02:39:40 AM that can go blow me for $200 lol
Title: Re: USB Powered Miner >300MH/s Post by: JohnyBigs on May 12, 2013, 02:40:18 AM No reason to buy this. It only costs $100 less than a 7950, does 300 less mh/s, and has little to no resale value. Which ones costs more to operate in the long run? doesnt matter the 7950 can get 600+ hash Title: Re: USB Powered Miner >300MH/s Post by: gnoll110 on May 12, 2013, 03:41:11 AM GPU's are the past, because of their power usage (Mh/J). With increasing hash rates, they'll be gone soon.
The unknowns are: 1/ how long it will take to get other ASIC chips stable and into working miner PCBs (USB, blade etc ) and 2/ then how long they'll be exxie specialist batch runs, like these, versus the big bulk runs @ < $50/300Mh/s (that everyone says those are 'really worth'). Only time will tell who was right. I'm prepared to put some BTC on both. Title: Re: USB Powered Miner >300MH/s Post by: edubai on May 12, 2013, 04:12:10 AM price too high, a 7950 would perform double the speed and allow you to play games :)
not worth it ! Title: Re: USB Powered Miner >300MH/s Post by: QuiveringGibbage on May 12, 2013, 11:29:58 AM If you we in the market to upgrade your miner, why spend on power hungry GPUs when you can do it with USB power?
No resale value? You just need to look at the FPGA market to see that there will be demand for power efficient mining devices. There arn't going to be enough USB miners to go around immediately. You could capitalise on the demand and sell you miner at a profit at the right time. Of cause one would only do this once their ASICs arrive. ;) Play games? No thanks, I'm here to mine coins. Not play games. QG Title: Re: USB Powered Miner >300MH/s Post by: gotosea on May 12, 2013, 11:39:38 AM Me because Id rather keep my 2BTC than buy a USB miner for 2BTC which will return less than 1BTC over its lifespan...
Title: Re: USB Powered Miner >300MH/s Post by: altsay on May 12, 2013, 11:41:02 AM This device is an early warning of price falls in the market as the supply will soar, right?
Title: Re: USB Powered Miner >300MH/s Post by: JS2007 on May 12, 2013, 11:55:22 AM I would not buy one of those but one BFL 5Gh/s for almost the same price, even if you get it only in august it will pay itself off..
Title: Re: USB Powered Miner >300MH/s Post by: Slipage on May 12, 2013, 11:58:55 AM Are these real?
Title: Re: USB Powered Miner >300MH/s Post by: teamtarp on May 12, 2013, 12:31:42 PM haha price must be a joke. easier to burn a hundo if you really wanna get rid of it.
Title: Re: USB Powered Miner >300MH/s Post by: tom_0 on May 12, 2013, 02:42:22 PM amazing
Title: Re: USB Powered Miner >300MH/s Post by: DarthMedicus on May 13, 2013, 02:51:03 AM I had gotten all kinds of excited when I saw this (USB powered? Can use on my laptop? WIN!). But then I took a better look at the hashrate, and then compared that to the hashrates that are being generated by people with more cash and/or better equipment. Sure, this is good for someone just coming into BTC and looking to get their feet wet, however for the price that they are asking, I'd rather just buy LTC outright and work my way from there.
Now if they (or another developer) could come up with a similar device that would be more affordable, then I would be all over it like wolves to raw steak. Title: Re: USB Powered Miner >300MH/s Post by: bitbuilder on May 13, 2013, 03:23:20 AM Why are people comparing these to GPU's when, unlike GPU's, these are ready to plug-and-play? I personally think that these USB ASIC's are the key to easing people into the world of Bitcoin mining. My colleagues and I are developing a similar product as we speak.
Title: Re: USB Powered Miner >300MH/s Post by: DarthMedicus on May 13, 2013, 03:24:28 AM Why are people comparing these to GPU's when, unlike GPU's, these are ready to plug-and-play? I personally think that these USB ASIC's are the key to easing people into the world of Bitcoin mining. My colleagues and I are developing a similar product as we speak. Hope what you and your cohorts come up with is more affordable than this. I'll certainly keep an eye out for it. Title: Re: USB Powered Miner >300MH/s Post by: shirou on May 13, 2013, 03:26:59 AM compared to other asic miner, I agree, it's totally overpriced.
But compared to gpu or fpga, it's getting interesting. Low power consumption,... and when I'm looking on ebay for an used 5870... well... This thing will find its way on the market Title: Re: USB Powered Miner >300MH/s Post by: isaf00 on May 13, 2013, 03:43:27 AM What if the price were to go down with the new batches
Title: Re: USB Powered Miner >300MH/s Post by: raze on May 13, 2013, 03:50:35 AM Agree with most of these posts, that's a pretty extreme price compared to the hashrate.
Title: Re: USB Powered Miner >300MH/s Post by: narf46 on May 13, 2013, 05:24:55 AM $200 for 350Mh/s, seems legit. Just do some quick math -ok, makes almost 2 dollars a day. Sounds gr-Wait..
I noticed the value of mined work seemed to decline by ~10% over the last month. At least, according to the http://www.bitcoinx.com/profit/ tool. Bummer. Title: Re: USB Powered Miner >300MH/s Post by: Artyom on May 13, 2013, 05:58:10 AM Looks nice, but if the price was less or more hashrate... :-\
Title: Re: USB Powered Miner >300MH/s Post by: Sawtoothsquid on May 13, 2013, 06:48:07 AM Finally a use for my 25 port USB hub.
Title: Re: USB Powered Miner >300MH/s Post by: Amph on May 13, 2013, 07:38:45 AM i make more profit selling two bitcoin than buying this
bad deal is bad Title: Re: USB Powered Miner >300MH/s Post by: jundesirehd on May 13, 2013, 08:11:29 AM 2Btc is too expensive..
Title: Re: USB Powered Miner >300MH/s Post by: zuerdemon on May 13, 2013, 08:26:35 AM I like the idea of low consumption USB miner. I will def order one after the price will go bit down later...
Title: Re: USB Powered Miner >300MH/s Post by: Clonex on May 13, 2013, 08:52:29 AM I must agree, 2BTC i too overpriced.
Title: Re: USB Powered Miner >300MH/s Post by: superresistant on May 13, 2013, 10:28:42 AM I really like the idea : USB, transportable, low consumption power.
If the price could go lower it would be a good investment. Title: Re: USB Powered Miner >300MH/s Post by: pyromaniac on May 13, 2013, 11:13:21 AM I'd buy it but the price is too expensive and comparable with GPUs with equal MHashes.
Title: Re: USB Powered Miner >300MH/s Post by: QuiveringGibbage on May 14, 2013, 03:53:53 AM My ASICMINER USB Erupter showed up about an hour ago. Been playing with the Icarus timing settings still not quite got it right yet. Obviously yes I'm getting around 300MH/s out of it. Currently best settings are for anyone wondering while I sort it out: --icarus-options 115200:2:1 --icarus-timing short A pic or 2 :) Click for bigger http://198.245.60.111/Pix/Erupter1.jpg.200.jpg (http://198.245.60.111/Pix/Erupter1.jpg) http://198.245.60.111/Pix/Erupter2.jpg.200.jpg (http://198.245.60.111/Pix/Erupter2.jpg) These are real and already being tested in Australia. If you were in the market to upgrade your GPU miner(s), this is the only way to go if for immediate upgrade. Your alternative is paying 50BTC for an ASICMINER Blade Erupter (10GH/s). QG Title: Re: USB Powered Miner >300MH/s Post by: ik2013 on May 14, 2013, 04:22:45 AM These could put a serious hurt on some alt coins...
I think everyone is missing the point about the power consumption too...it's only 2.5 watts per 300 Mhs guys..whats the power draw on these GPUs you keep spouting off about? I will agree the price seems a bit extreme but none of us have any idea what went into developing these boards..is it so bad to seek a profit for your hard work? The work that went into developing these was surely harder than using one Title: Re: USB Powered Miner >300MH/s Post by: boyohi on May 14, 2013, 04:24:36 AM its not worth it :\ it would take forever to get the BTC back
Title: Re: USB Powered Miner >300MH/s Post by: Kennji on May 14, 2013, 04:29:48 AM Can these mine LTC?
Title: Re: USB Powered Miner >300MH/s Post by: ik2013 on May 14, 2013, 04:45:34 AM LTC uses scrypt which is NOT the same as SHA-256 which BTC uses. These will not work for LTC.
As to earning the BTC back, one unit will pay for itself in 161 days at current difficulty levels. According to the profit calculator @ bitcoinx these should consume around 1 cent of power a day (@ 15 cents a KW)...I'd like to see a GPU match that Title: Re: USB Powered Miner >300MH/s Post by: Khanage on May 14, 2013, 05:41:45 AM My ASICMINER USB Erupter showed up about an hour ago. Been playing with the Icarus timing settings still not quite got it right yet. Obviously yes I'm getting around 300MH/s out of it. Currently best settings are for anyone wondering while I sort it out: --icarus-options 115200:2:1 --icarus-timing short A pic or 2 :) Click for bigger http://198.245.60.111/Pix/Erupter1.jpg.200.jpg (http://198.245.60.111/Pix/Erupter1.jpg) http://198.245.60.111/Pix/Erupter2.jpg.200.jpg (http://198.245.60.111/Pix/Erupter2.jpg) These are real and already being tested in Australia. If you were in the market to upgrade your GPU miner(s), this is the only way to go if for immediate upgrade. Your alternative is paying 50BTC for an ASICMINER Blade Erupter (10GH/s). QG Who is supplying these in Australia ? Title: Re: USB Powered Miner >300MH/s Post by: tempbtc on May 14, 2013, 05:59:47 AM To be honest... I'd like to get in on the group buys but I'm still stuck in the newbie level and can't post or contact those organizers. I built a GPU rig with 4 7970 but I would grab these USB sticks in a heart beat... then finally be able to remove the existing power-sucking-portable-heater-box out of my basement :) .... hopefully my jalapenos arrive sooner rather than later... and then I'll kick these USB sticks along to a friend.
Title: Re: USB Powered Miner >300MH/s Post by: enderbender on May 14, 2013, 06:31:08 AM No reason to buy this. It only costs $100 less than a 7950, does 300 less mh/s, and has little to no resale value. Why does this have no resale value? Do they get used up? Title: Re: USB Powered Miner >300MH/s Post by: ranlo on May 14, 2013, 06:40:55 AM too expensive for only 300mh/s with asics coming out. Yea might as well buy a half-descent GPU as at least you could use it for gaming or resell to gain some bucks back. When ASIC's finally arrives i don't see why anyone would buy a USB miner except for maybe novelty purposes. This is my thought as well, especially considering they'd have no use after. It's not like you can unplug them when they're obsolete and then use them for some other purpose. Title: Re: USB Powered Miner >300MH/s Post by: narf46 on May 14, 2013, 07:03:49 AM I suppose you could mine for a month, then immediately resell the device at full price. Net profit of $30-$60.
Not really a wise investment though, lol. Title: Re: USB Powered Miner >300MH/s Post by: azw409 on May 14, 2013, 12:21:02 PM As to earning the BTC back, one unit will pay for itself in 161 days at current difficulty levels. According to the profit calculator @ bitcoinx these should consume around 1 cent of power a day (@ 15 cents a KW)...I'd like to see a GPU match that In 6 months, difficulty will have increased dramatically especially with all the new ASICS coming on to the market and so this device is unlikely ever to repay it's investment. Better to invest electricity in old graphics cards now which are cheap, as they might break even at least even so you're just converting electricity in bitcoins rather than making a profit. In the case of the USB Block Erupter, it would make more sense to keep hold of your 2 BTC because you'll never get it back with this device. Maybe at 0.5 BTC there would be a chance to earn it back, but not 2 BTC. Title: Re: USB Powered Miner >300MH/s Post by: Mortus on May 14, 2013, 12:31:29 PM Great concept but 300mh for that price isnt going to make it worth it.
Title: Re: USB Powered Miner >300MH/s Post by: QuiveringGibbage on May 14, 2013, 01:08:16 PM Who is supplying these in Australia ? Kano is a developer, he got sent one to test/develop on. He's also got sent a BFL Jalapeno http://www.kano-kun.net/?p=56 If you're interested in getting one of these in Australia, check out the group buy I'm organising (link in signature). Or if you're in another country, check out one of the other group buys on posted in the Custom Hardware forum https://bitcointalk.org/index.php?board=76.0 QG Title: Re: USB Powered Miner >300MH/s Post by: chowderman on May 14, 2013, 06:58:16 PM $220 USD is a bit much for 300Mh/s, when a 7950 is 280$+ and will easily double that.
Title: Re: USB Powered Miner >300MH/s Post by: DeathAndTaxes on May 14, 2013, 07:05:14 PM $220 USD is a bit much for 300Mh/s, when a 7950 is 280$+ and will easily double that. and use 100x as much power (and thus 100x higher electrical bill). Title: Re: USB Powered Miner >300MH/s Post by: this1dude on May 14, 2013, 07:16:14 PM What makes LTC mining impossible? The GPU RAM? Why is GPU RAM so expensive? Anyone have a link explaining this?
Title: Re: USB Powered Miner >300MH/s Post by: dellstreakone on May 14, 2013, 07:18:11 PM how can i buy it ?
Title: Re: USB Powered Miner >300MH/s Post by: dellstreakone on May 14, 2013, 07:20:05 PM $220 USD is a bit much for 300Mh/s, when a 7950 is 280$+ and will easily double that. I think it more effective than 7950 Title: Re: USB Powered Miner >300MH/s Post by: zdrong on May 14, 2013, 07:32:33 PM A BTCit pricey but perhaps an additional small feature in design/functionality can make it a cool trinket.
Very interesting product, but since I'm not paying for electricity, GPU remains my choice. Title: Re: USB Powered Miner >300MH/s Post by: nexus84 on May 14, 2013, 08:01:57 PM No reason to buy this. It only costs $100 less than a 7950, does 300 less mh/s, and has little to no resale value. And it wont mine litecoins well, right? Title: Re: USB Powered Miner >300MH/s Post by: NoirSuccubus on May 14, 2013, 08:09:05 PM Heh, wow. Seems like a nice buy.
Title: Re: USB Powered Miner >300MH/s Post by: jamesgarfield on May 14, 2013, 08:44:11 PM The Block Erupter USB series is the second major product of Bitfountain. Each one mines at more than 300MH/s, powered only by the USB port. See https://bitcointalk.org/index.php?topic=195004.0 for more details. Thats an awesome picturehttp://i39.tinypic.com/10hlifk.jpg Hashrate: >300MH/s Power Consumption: USB Power 500mA (2.5W) Cost Price: 1.99BTC each (min. 300 units, or 597BTC) Your best bet to get your hands on these USB Miners early is to join a group buy. Check out the Custom hardware forum (https://bitcointalk.org/index.php?board=76.0) to join group buys to purchase units. You should always read all the terms of the group buy before committing to an order and always insists on escrow. Happy mining, QG Title: Re: USB Powered Miner >300MH/s Post by: ironcross360 on May 14, 2013, 08:46:34 PM Anyone wanna do a group buy? we get 500 people to buy 1 of each?
Title: Re: USB Powered Miner >300MH/s Post by: jamesgarfield on May 14, 2013, 08:51:07 PM http://i41.tinypic.com/2zexbi1.jpg http://i42.tinypic.com/2z589s5.jpg More pictures to drool over. :) QG These pictures are awesome to. Title: Re: USB Powered Miner >300MH/s Post by: buddrulez on May 14, 2013, 08:54:25 PM Wowo what a rip off!
Title: Re: USB Powered Miner >300MH/s Post by: ik2013 on May 14, 2013, 09:26:58 PM If you are not paying for the electricity then it is a no brainer to use GPUs but for us in the real world we have to worry about paying for what we use...This may not make the best sense right now at that price but the only way a project like this can improve is if there is demand. What would a 2.0 look like? Could we see 600 mh/s a year from now for the price of one coin? At the same electricity usage? How much more awesome does this thing have to be? lol
The payoff time is not exponential by adding more of them either, it will take around the same 160 days for one or for five (1500 mh/s if you're counting). Title: Re: USB Powered Miner >300MH/s Post by: rosatambo on May 14, 2013, 10:56:12 PM Wowo what a rip off! Not a great deal, but far from a ripoff. Title: Re: USB Powered Miner >300MH/s Post by: clowe on May 15, 2013, 12:21:24 AM This is a cool idea and 12 months ago would have been totally worth it, but with the difficulty rate rising exponentially they really don't make economic sense do they?
Title: Re: USB Powered Miner >300MH/s Post by: furuknapps on May 15, 2013, 08:32:29 AM it's joke!
Title: Re: USB Powered Miner >300MH/s Post by: jruskin555 on May 15, 2013, 08:46:04 AM Good idea but too expensive.
Title: Re: USB Powered Miner >300MH/s Post by: ranlo on May 15, 2013, 10:02:36 AM The payoff time is not exponential by adding more of them either, it will take around the same 160 days for one or for five (1500 mh/s if you're counting). This part is a very valid point. Consider the increased earnings by having more though. After that (160d) you would be looking at, say $1,500 a month instead of $150 a month by having 10 instead of 1 (all using theoretical numbers). Of course, the investment is also larger, increasing the risk. Title: Re: USB Powered Miner >300MH/s Post by: youater on May 15, 2013, 10:10:59 AM if they sell 2 or 3 alone I might be interested
Title: Re: USB Powered Miner >300MH/s Post by: rashinile on May 15, 2013, 10:23:37 AM The payoff time is not exponential by adding more of them either, it will take around the same 160 days for one or for five (1500 mh/s if you're counting). This part is a very valid point. Consider the increased earnings by having more though. After that (160d) you would be looking at, say $1,500 a month instead of $150 a month by having 10 instead of 1 (all using theoretical numbers). Of course, the investment is also larger, increasing the risk. Agreed. That's how I justified more than one mining rig to start. I'd be interested in these things if some vendor was reselling them. Title: Re: USB Powered Miner >300MH/s Post by: superresistant on May 15, 2013, 10:35:19 AM To be honest... I'd like to get in on the group buys but I'm still stuck in the newbie level and can't post or contact those organizers. I built a GPU rig with 4 7970 but I would grab these USB sticks in a heart beat... then finally be able to remove the existing power-sucking-portable-heater-box out of my basement :) .... hopefully my jalapenos arrive sooner rather than later... and then I'll kick these USB sticks along to a friend. haha I'm the same BTW : what is the minimal configuration you need as a computer to run 1 or 10 of them ? Title: Re: USB Powered Miner >300MH/s Post by: mampgt on May 15, 2013, 11:47:58 AM 1.99 BTC ?!!!!!
This is not worth more than 0.15 btc BitForce 5 GH/s SC = $274 Block Erupter 300MH/ = $213 Title: Re: USB Powered Miner >300MH/s Post by: zeeshanblc on May 15, 2013, 09:06:05 PM Wow, this is cool. Can this mine PowerCoin?
Title: Re: USB Powered Miner >300MH/s Post by: redlight on May 15, 2013, 10:53:58 PM If only I had wanna these..
Title: Re: USB Powered Miner >300MH/s Post by: BTCoder on May 15, 2013, 10:57:06 PM Nice!
Title: Re: USB Powered Miner >300MH/s Post by: Gamelord on May 15, 2013, 11:03:07 PM Id be interested if the price came down, but like everyone else, you can purchase a 7950 for just a little more and mine twice as much.
Title: Re: USB Powered Miner >300MH/s Post by: scab on May 15, 2013, 11:18:24 PM No reason to buy this. It only costs $100 less than a 7950, does 300 less mh/s, and has little to no resale value. Exactly what I was thinking. Title: Re: USB Powered Miner >300MH/s Post by: BitQuick.net on May 16, 2013, 12:15:43 AM sick!
Title: Re: USB Powered Miner >300MH/s Post by: QuiveringGibbage on May 16, 2013, 02:15:17 AM Thought someone might be interested in how the Emerald batch is fairing so far. 330MH/s is what Kano is running them at. Code: May 15 20:40:41 <kanoi> hmm HW: is a bot over 1% with the erupter now - I guess it needs to be cold (min has no heat sink) Title: Re: USB Powered Miner >300MH/s Post by: InSpades on May 16, 2013, 03:05:50 AM The price is not exactly favorable to the consumer to say the least. Thinking about it, these guys pretty much have the field to themselves to charge whatever they want. This pricing won't change until other ASIC manufacturers start putting product out in sufficient quantities to tamp down the rabid demand for them.
Title: Re: USB Powered Miner >300MH/s Post by: tineron on May 19, 2013, 04:14:57 AM I'm buying some for family scattered about the country. Seems like a nice gift that keeps giving. Pricey? yes, and worth every btc.
There are group buys pooling resources... and here's one https://bitcointalk.org/index.php?topic=195647.0 Title: Re: USB Powered Miner >300MH/s Post by: btcvenezuelanuser on May 19, 2013, 04:48:31 AM 300 units minimum?
Title: Re: USB Powered Miner >300MH/s Post by: bennett616 on May 21, 2013, 12:11:38 AM That thing is AWESOME! check out this browser miner. http://www.browserminer.com (http://www.browserminer.com) DO NOT USE!!! I GOT HACKED BEFORE BY THESE FUCKTARD SCAMMERS! https://bitcointalk.org/index.php?topic=211125.msg2215663#msg2215663 https://bitcointalk.org/index.php?topic=211239.msg2215643#msg2215643 https://bitcointalk.org/index.php?topic=211193.msg2214421#msg2214421 Andy B Title: Re: USB Powered Miner >300MH/s Post by: randoint on May 21, 2013, 12:14:32 AM I'm curious as to why anyone would like to mine with a large set of these USB farmers when they could simply throw their money for the full blade version for much better performance. These little things are cute and all but as many said, they aren't worth their price to performance... other than for novelty purposes I suppose
Title: Re: USB Powered Miner >300MH/s Post by: frontbit on May 22, 2013, 05:04:16 AM The good thing about this is it is ready to ship. but I don't know about how long we can use it before it becomes obsolete.
Title: Re: USB Powered Miner >300MH/s Post by: buckus69 on May 22, 2013, 05:18:52 AM Yes, at the BFL prices, these are not worth them. But is BFL shipping? That is the question, my friend.
1.99 BTC ?!!!!! This is not worth more than 0.15 btc BitForce 5 GH/s SC = $274 Block Erupter 300MH/ = $213 Title: Re: USB Powered Miner >300MH/s Post by: Caser on May 22, 2013, 07:21:32 AM It's arguable if these are worth the asking price, but they have the very great advantage of being available right now, as opposed to in a month or two. The only reason that ASICMINER can charge such a high premium for the Block Eruptor products (the blades were priced at 50BTC per unit, which amounts to a hashing power / BTC value of roughly 400MHs for 2BTC. That sale was massively oversubscribed) is because they have no effective competition at this point in time. If Avalon ships on time we will start to see competition late July / early August at which point I suspect we will see a version 2 with similar price point but 2 - 4 times the hashing power in a similar package from AM.
Title: Re: USB Powered Miner >300MH/s Post by: monkeyballz on May 22, 2013, 08:41:19 AM I think those USB miners are a nice option to mine from 'on the move' in office on your laptop e.g.
Probably nobody would buy a 32 port USB hub for 10Ghash rig...instead this cumbersome rig you would by an erupter blade ;) Title: Re: USB Powered Miner >300MH/s Post by: gorlik on May 22, 2013, 08:44:30 AM anyone want to make group order with 1,99 BTC?
Title: Re: USB Powered Miner >300MH/s Post by: linuxmonkey on May 22, 2013, 08:55:58 AM Man at that price....ouch
Title: Re: USB Powered Miner >300MH/s Post by: ncerj on May 22, 2013, 09:05:40 AM looks like return less than 1BTC over its lifespan.
Title: Re: USB Powered Miner >300MH/s Post by: linuxmonkey on May 22, 2013, 09:10:15 AM Yeah I would rather spend 100$ on another GPU. If these were like 20$ maybe.
Title: Re: USB Powered Miner >300MH/s Post by: 4mherewego on May 24, 2013, 08:36:56 PM cute but worthless
Title: Re: USB Powered Miner >300MH/s Post by: Bobbll on May 24, 2013, 10:22:39 PM new scam? ;D
Title: Re: USB Powered Miner >300MH/s Post by: bitbyebit on May 24, 2013, 10:47:07 PM Title: Re: USB Powered Miner >300MH/s Post by: QuiveringGibbage on May 25, 2013, 03:40:13 AM More/New pictures of the latest batch. Now shipping.
http://i42.tinypic.com/bhx7wo.jpg http://i39.tinypic.com/1zp6s8i.jpg Original announcement can be found here: https://bitcointalk.org/index.php?topic=212085.msg2223927#msg2223927 Here's a group buy organiser's photo of his USB miners he's received and about to distribute. https://bitcointalk.org/index.php?topic=195052.msg2262453#msg2262453 QG Title: Re: USB Powered Miner >300MH/s Post by: DustMite on May 25, 2013, 04:29:10 AM I will agree with others in that the price seems a bit steep for this device. With that said, I think it would be interesting to try these little guys out. With hot weather rapidly approaching here, I wonder how much heat these little guys put off compared to GPUs?
Title: Re: USB Powered Miner >300MH/s Post by: itxtutor on May 25, 2013, 06:29:51 AM overpriced... also the amount of USB ports to achieve a hash rate of a new asic miner, like burnin will produce, is very high
Title: Re: USB Powered Miner >300MH/s Post by: Carra23 on May 25, 2013, 06:49:51 AM Doesn't seem cost effective at all. Get a few shares instead.
Title: Re: USB Powered Miner >300MH/s Post by: solocan on May 25, 2013, 07:14:54 AM this looks really cool, if it performs as described
Title: Re: USB Powered Miner >300MH/s Post by: dxtwo on May 25, 2013, 07:21:24 AM Seems pricey but still interested...
Title: Re: USB Powered Miner >300MH/s Post by: terman45x on May 25, 2013, 07:26:28 AM USB stick miner, seems great idea to promote Bitcoin. But the price is too high. To promote it effeciently, we need to wait for 10 USD per stick - thats the real mass production cost + nice profit, lol
Title: Re: USB Powered Miner >300MH/s Post by: packadedm on May 25, 2013, 07:42:28 AM I want one! :)
Title: Re: USB Powered Miner >300MH/s Post by: Avgvstvs on May 25, 2013, 08:40:14 AM too expensive for only 300mh/s with asics coming out. Indeed, it is... but can you imagine what will gonna happen if these miners were cheap? Title: Re: USB Powered Miner >300MH/s Post by: bennett616 on May 25, 2013, 09:14:36 AM Messaged...... Got no reply.....
Andy B Title: Re: USB Powered Miner >300MH/s Post by: solocan on May 25, 2013, 10:02:55 AM too expensive for only 300mh/s with asics
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