Bitcoin Forum

We are glad to announce that we decided to continue distributing more Block Erupter USBs
as a limitation-free extension of the coupon plan in the last two months. Besides for mining alone,
at the coupon price level they serve perfectly as gifts as well as mining introduction devices.

Spec: Rated speed 336MHash/s.
         Powered by the USB port without any other power source.
         Electricity consumption as low as 2.5watts.

Price from us: 50-1999: 0.12BTC each.
                   2000+: 0.10BTC each.
                   Removed former 1:1 limitation on coupons.

If you bought from the following resellers, please consult them with details accordingly.
    US: eleuthria, CanaryInTheMine, SilentSonicBoom
    Canada: teek
    EU, Switzerland and North Europe: yxt
    China, Taiwan, Hong Kong and Macau: rockxie
    Australia: asicminer@swishbits.com.au
    India: Pinwheel

Former warranty conditions still hold. 2% extra non-warranty units will still also be included in our parcel.

Mailing address for coupon distribution: asicminer.usb@gmail.com.
Mailing address for support: asicminer.help@gmail.com.

http://i43.tinypic.com/i59ml4.jpg

http://i40.tinypic.com/sz90yo.jpg

Great!!  ;D

New prices for the blades?

Did Kano already saw this?  :o Maybe he will stop bashing USB erupters now

Still won't ROI. Not that that makes them obsolete, they are good for learning about bitcoin and mining.

"Removed former 1:1 limitation on coupons." from OP. So, if you previously ordered 1, you can buy even 10 new ones.

Friedcat,  will you be rolling out the blade coupon soon for the original blade customers?

Not at 30% difficulty increases, and only if you buy 2000+  :P No thanks.

except difficulty will level of at around 3-5 billion

Anyone in US who wants to order and have these drop shipped to them, please let me know.  approximately 4 business days if you live near a major DHL hub.

As long as people keep saying/believing that "the difficulty will level off and these will make ROI", the difficulty won't level off.

Great new prices!  Thanks :):)

I live in Canada, so can I just message teek and ask for a 0.10 BTC BE? o.O

Wow, that is strikingly similar to my estimate -- any hint to your methodology. Uh, O/T I guess :(

 I will take 50 of them dropped shipped I sent a pm to you canary please give me details thanks

I want 50 too, but what about shipping to Greece???
please pm :)

In my experience, he can often provide a discount code that is applicable at checkout, but usually is a little more expensive then friedcat price, plus taxes

You're kidding right?

Sigh...

Who do I contact if I want to buy some USB/blades in Singapore?

Ugh teek doesn't have these for anywhere near 0.12BTC, more like 0.29 before shipping. :/

i sent him a PM to see if there is a new coupon code he can provide, otherwise maybe a canadian groupbuy may be in order, since reshipping within canada is fairly inexpensive, maybe 0.10-0.15 BTC for tracked xpresspost packaging. (in contrast, US resellers charge about 0.35BTC to ship into Canada). Does the pricing given above apply to anyone who orders minimum 50, or must it be done via the designated resellers

Id love to pick up at least 10 of these, 5 or 6 for personal use and collection, and the rest as gifts and resale items.

Wow they cost cheap. It would be good business for the resellers.

Who I need to contact if I buy in the philippines?

does anyone have a group buy open for this?

Still too expensive. But hey, friedcat has to live up to his reputation :P

As long as there is some BTC to be ripped off of the community, there will be friedcat ;)

@jasonslow, let's try to come up with some nice numbers. Otherwise, it's not worth it for any person to do this. I'd like to distribute, but we need orders first. I don't know if the other pinoys are keen on buying a bunch of block erupters.

Actually all but a few resellers have been absolutely gutted, its a game of offloading your stock onto the next guy down the line when you get the news from friedcat that there is a price drop coming. If Canary / other resellers are pushing you to do a large order "but for an extra discount" its because their is a price halving happening in the next week and they dont want to get caught holding the bag.

I did two small test orders then made the mistake of going large. Sitting here with stock Im that I can either sell at a loss or mine @ a loss. Im glad I didn't let canary talk me up to 500+ keys at 0.55 btc which to his credit he did try (a salesman is a salesman).

So no more for mem, it was a fun little run then I got severely screwed over and  now have the options of doubling down in a poor attempt to break even  or bow out.

Im not the first who Canary pulled this trick on, credit to him as a salesman but as a person who was setting up to be a local supplier I couldn't do business with him again.

Getting the vouchers finally offered to me at a time when the voucher price == key price was just the final straw.

That being said, i am grateful to have been able to play around with the hardware.

TL;DR: 2 good test purchases as a potential reseller, First real purchase and I got fucked over so badly the little business will never recover.

 I want to buy 50 of these but I dont know how :D I live in Turkey , if anyone is capable of selling me 50 of these and ship it to Turkey , let me know and quote me a price.

 Am I failing anything ? If we buy 50 of these we can ROI in 2 months? (well if you buy them at 0.1) , is there anything wrong with my math? 50 of these will make 0.09 or so everyday with current difficulty? Lets say difficulty changes , 3 months or 4 months ROI looks A LOT better than no roi :D

Turkey contact EU reseller: yxt.
Expect some ROI prob never break even though :D

what is a shiny asicminer device worth once it no longer makes profit? You should factor that in. personally, 0.05BTC each is worth the cool factor and blinky lights, but thats just me :)

i feel you could make resale profit at <0.15 BTC each, assuming you can find ebay/in-person buyers who will pay >$20

friedcat when you gonna release a coupon scheme for the blades,
for those who paid over 10 btc.

So, no distributor for South America. Where can I get in line to buy!??

and for those who paid 5.99 from yxt

if i am in hong kong
just call rockxie to contact and buy ?

Hey friedcat,

collecting the different colors is one great thing, but why not push this to the next level? I'm all open for a special limited collectors edition, maybe even with a signature by our chinese overloard.. auctioned of course. ;)

Ship to argentine?

Damn... so many posts here and in other threads quoting math, showing clearly how these things are just as overpriced as ever. As in, you'll never make your money back from either these or the blades. That same has been true from the beginning of Asicminer sales.

And still people line up to buy buy buy.

So many suckers...  ::)

At least they cut the price down to 0.12 btc.

Mining difficulty is now over 86,933,017 heading towards 300 Millions soon.
It's counting down to this price target of $5 to $7 per each USB block erupters.

Related thread:
USB block erupters are now useless. $5 - $7 each.
https://bitcointalk.org/index.php?topic=277330.0

Bitcoin Mining PCI-E Card 10Gh/s card for only $100
https://bitcointalk.org/index.php?topic=287706.msg3080818#msg3080818

maybe they are suckers maybe they have a plan that will work for them.

how about buy 100 sticks for about 1700 usd

sell 80 on ebay for about 2000 usd after all fees and shipping you net 1800 buy hubs for 100

and mine with the other 20 sticks. free startup price

this guy knows how its done.

Thank you

You really KNOW the real purpose of these devices :)

Hi friedcat
for me 50 erupters shipped to Italy
I can't get any answer from EU reseller!
thanks!

 I couldnt find this 'yxt' person , with this price drop it I really consider buying some and with this 'buy 100 , sell 80 keep 20 ' idea I really do believe I need to buy these and resell them right now :D

Try email them, that's what I did and got reply in about 3 days later with minimum qty, price and Bitcoin address for payment.

Name:
Address:
Zip Code:
Phone:

At this point I would wait until the next difficulty jump since it is around the corner. Prices usually drop within a few days and this one is going to take us over 100 mil easy.

See ->

https://bitcointalk.org/index.php?topic=246020.0

If anyone needs quantity USB sticks shipped internationally, I am based in the US and it would be expensive, but I am more than happy to help out.

Anyone know average time for email reply?
After a quick purchase.

Canary,

Please clarify how this would work.  Shipping direct from China to my local International Hub airport?   Pay you by standard method?   

i'll take 20 piece. i am in uk

Well, despite my previous negative post I have to say, its been a fun ride.

I loved mining with GPU's, I nearly ordered a FPGA from BFL before realizing it was very scammy and to be honest I would still like to play with an icarus FPGA right now despite the fact it would never pay itself off. Why ? because Im a nerd that genuinely enjoys playing with hardware, the more specialized the better, even more so if I can actually put it to monetary use no matter how insignificant.

Its For these reasons I'll be a sucker for gen2 keys and gen2 asic's.
Sign me up friedcat and even Canary, I'll happily pay a small to (hopefully not to) large sucker tax to player with the next lot of equipment.
I even wish I had multiple colours just so it would look nicer sitting on my desk, oh well :)

And here I thought I was special. Damnit.

Just curious about one thing.

I have found this thread through ads on the site. I have setup a small group buy and wanted to buy a 100 BEs. I sent an e-mail to one of the address listed on the OP.

and basically I have been redirected to a reseller who is taking a 16% cut on the price to which I am not really interested.

IMO, a reseller sells small quantities to a higher price tag.

So my question is: What is the point to advertise a new price if it is not possible to have the product at that price and turn down potential customers?

I may recontact you at the next price drop to attempt to make a purchase or maybe I'll try an alternative product as I'm starting to see Bitfury USB keys around....

Anyway, if I have misunderstood something, I hope that you'll be able to make the communication clearer at your next ads campaign.

my thoughts as well. would have already bought.
these advertised prices are for previous customers only

agree + 1

in canada, teek is the reseller, and as a prior customer i was offered a discount of 0.13 BTC per unit (plus tax = 0.15 each), with no prospect of bulk discount. If direct-order from friedcat was available i would gladly organise a 50-100 unit canadian group buy

Well, I am a *previous customer*. I bought about 50 devices from SilentSonicBoom who has the cheapest prices. Even though he is located in the US, he was offering delivery to Canada and was accepting international sales as well. He stopped doing it. The official reason is that he does not have enough time but I would not be surprise to learn that in fact it was upsetting the other resellers and that he got pressure from AM to stop doing it.

So I kinda lost my 0.1 BTC coupons but this would have pretty much become meaningless if AM would have accepted to sell me in bulk at 0.12 BTC.

Oh well, maybe next week, I'll be glad that this purchase did not go through when there will be this next awesome ASIC opportunity!

Same here.  I have purchase previously, but through resellers.  Now I am ready to step up on my own to buy larger quantities, and was re-directed to the resellers.

In a case like this, I'll just pass.

i am located at los angeles
and i can help
you can ship to me
and i will ship international with dhl
let me know

Got no response from the EU resale guy yet so I take a few erupters from anybody with a good price.

What's the price if I don't have a coupon and just want to buy 50?

Do these come in those individual small white packaging boxes?

To the people saying that the difficulty isn't going to level off.

What do you think the manufacturing cost on the asic hardware is? Once it hits just above manufacturer cost they wont be able to drop the price any more and sales will drop off and that means less hash rate being added every day.

At what point are the big miners coming out a drop in the bucket? Eventually the hash rate that comes online every day will be so insignificant compared to the whole that difficulty will slow.

If you go back and look at the difficulty chart, when GPUs started mining Bitcoin it rose just like when ASIC's came out only over a longer period, eventually it leveled out and it will again.

Taking into account a price drop of half on usb and blade ASICs within the next month, my best guesstimate would be difficulty leveling off around November to mid December.

We may also see a price increase on Bitcoin as people that buy ASIC's hold Bitcoin instead of selling to make back ROI.

 FWIW, I don't see difficulty starting to level off before 3rd quarter 2014.

 I believe the difficulty will go %10+ forever on every difficulty change.

 I am not a technical man nor I have any knowledge on circuits but I think if asics managed this much raise,  there would be some new hardware with much more higher hashrates , maybe they will still be asics but just 'better' ones.

this increase is all ASIC genenaration 1 coming to market. The second generation of .28 chips will start hitting the market in the fall. In regards to the price of manufacturing meeting the difficulty there's still ways to go. Remember the manufacturing cost of these USB sticks is around .01 to .02 (what a profit margin when they were selling them at over 2 BTC, talk about striking it rich with BTCs). The question that should be placed is when the manufacturers no longer think the profit margin is worth the trouble.

So the 30% a period will continue for the foreseeable future. These sticks will be unprofitable (power cost = revenue) at 2 million difficulty, but you'll never  recover your investment, you'll do it as a hobby. That's why they have lowered the price so much, they're trying to milk the last drop of milk out of the BTC cow and playing on the people stupidity into ordering 100s thinking they are smarter then the guy next door that is also ordering 100s. .08 is probably the lowest they will go before closing up shop or releasing a .28 chip

This sounds like sense. I bought 12 of these for 1900 usd. I feel like a right plonker now. I do not think I have been unlucky I should have done my research instead of jumping in head first. ASIC miners are a scam even at this price. A total Scam. I have mine mining alt currencies now in a hope they gain popularity as I have given up with getting 0.1 bitcoin per week.

I could have bough 15 bitcoins but now I am stuck with 1.6 Bitcoins that cost me 1900 USD. I can laugh about it now but I did go through some darkness about it.

I'd like to know that too. The only European reseller is adding 60% margin + shipping.

At least they should be available through more resellers. Monopoly isn't good.

If yall want to get 50, I ship here/international for basically my margin being 10$/hr. Free shipping too unlike most.

I have to lol at the price, I predicted this two months ago as being reasonable...then.

Kind of funny how when ASIC miners were the only game in town everyone was saying how great of a guy friedcat is for producing and selling a product that was getting into peoples hands... now some want to tar and feather him because of things out of his control.

My only bitch is I was one of the first buyer of the USB miners where I bought 15 @ 1.99BTC each, in Canary's group buy #1 and was one of the last to get the coupon at .15 each when he was selling them to anybody at .18. It would have been nice if the coupon deal would have been done more fair than it was.

Same here, by the time the coupon was offered it was worthless.

So how about bitfury coming in to the scene? Does BE have more buyers?

its all about the resale for these, personal use will never turn a profit sadly.

I bought 8 of them for about 1.3 BTC (after tax, shipping, etc), and just resold 3 of them for a total 0.8 BTC, putting me at a relative cost of 0.1BTC per unit i still have. These have each mined almost 0.01BTC and are still up for sale :)

So is it officially for sale? Can you pm me the details?

Number is the only factor. If there are at least 50 connected, You still do the true thing as there are many scams, unless the true 100Gh/s in 28nm transistor released into wild.

For me, I still select this one if available. Which I suggest people to select the friedcat's being first then ask other as currently no one is doing the true thing at a moment. No True hashrate= being dead.