Title: USB Mining Post by: teoliya33 on July 19, 2023, 07:55:09 PM Hello everyone
Usb Bitcoin Miner ! is that recommended for a newbie? im willing to start mining using 6 of those USB but im not sure how and where to start if anyone have tried this please give us some TIPS or advice please Title: Re: USB Mining Post by: mk4 on July 19, 2023, 08:05:23 PM USB mining was a dumb concept to start with, because you need a lot of power to mine at least decently. Maybe back then USB mining was slightly viable, but now your only option is to mine with ASICs.
Title: Re: USB Mining Post by: boyptc on July 19, 2023, 08:07:31 PM Where have you heard or read about this USB bitcoin miner? For you to mine Bitcoin, you need an ASIC miner and that's not as little as an USB.
I do believe that you've watched a video like this: --> https://www.youtube.com/watch?v=_aEMh4esWBU&t=108s "Solo Mining Bitcoin with AntMiner USB Stick on Raspberry Pi" At the end of that video it says that it's a lotto mining and mostly a gamble. And that USB is even going to be hotter that you barely touch it based on what the guy said on that video. Title: Re: USB Mining Post by: JeromeTash on July 19, 2023, 09:23:18 PM If you haven't bought any of those USB miners then I suggest you just use that money, buy Bitcoin and keep it in some secure hardware wallet. HODL till maybe bull run and sell. You will be way better off. But if you are willing to mining whilst expecting no rewards at all, then give it a go.
Read through this threads, you might get some helpful info 1. https://bitcointalk.org/index.php?topic=5340726 2. https://bitcointalk.org/index.php?topic=5337008 Title: Re: USB Mining Post by: BlackBoss_ on July 20, 2023, 02:04:28 AM Usb Bitcoin Miner ! is that recommended for a newbie? Bitcoin mining history (https://bitcointalk.org/index.php?topic=5432341.0)im willing to start mining using 6 of those USB but im not sure how and where to start Long time, years ago, you could mine bitcoins with CPUs and mining it with USB is something I never heard about but if it is possible, it would be around the times for CPU mining. Later, when Bitcoin mining comes to GPUs or FGPAs, ASICs, you can not return to mine bitcoin with CPUs or USBs. Because difficulty on the network is very high and even solo mining with an ASIC is impossible to find any block. Chance is nearly 0% with solo mining nowadays. Title: Re: USB Mining Post by: stompix on July 20, 2023, 02:15:58 AM Where have you heard or read about this USB bitcoin miner? For you to mine Bitcoin, you need an ASIC miner and that's not as little as an USB. Right here, on this forum maybe? https://bitcointalk.org/index.php?topic=5355470.0 Later, when Bitcoin mining comes to GPUs or FGPAs, ASICs, you can not return to mine bitcoin with CPUs or USBs. Why not? If the USB miner is using bitmain S9 or s19 chips, what's stopping you from mining? You need to differentiate between a CPU or GPU which are standalone units and USB which is a standard for connectivity. Title: Re: USB Mining Post by: ImThour on July 20, 2023, 02:32:39 AM Mate, you can't even be profitable with a decent gaming computer with a high end graphics card mining Bitcoin, how do you think USB mining will end up?
This idea is complete trash and I am not sure if it ever worked. It should stay archived and not shared with people as it is complete dumb in my honest opinion. Maybe try searching ASIC Miner and get those if you really want to do Bitcoin mining. Title: Re: USB Mining Post by: Z390 on July 20, 2023, 10:09:41 AM Hello everyone It's fun to buy one and use for practice, you know, setting up pools and see the whole thing in action, you should know that even if you see a USB miner today it's going to be very cheap, that's because they are not profitable anymore.Usb Bitcoin Miner ! is that recommended for a newbie? im willing to start mining using 6 of those USB but im not sure how and where to start if anyone have tried this please give us some TIPS or advice please I can still see loads of this miners on aliexpress website till date, good for practice and other things, it's a shame that no new PoW coins what to run on the sha256 algorithm anymore, if not, USB miners will still be a thing today, not for Bitcoin though but other new altcoins. Forget about these USB miners and try getting an asic miner that's specifically for mining Bitcoin and make sure you have affordable electricity in your city. Title: Re: USB Mining Post by: Jawhead999 on July 20, 2023, 10:23:25 AM Although I hate the way to earn Bitcoin through faucet, but I must say claiming faucet is better than mine Bitcoin using USB.
You're not earn anything mine Bitcoin using USB, while you're still need to pay electric cost and it will damage your hardware because it's need to be run all the time except you stop it. USB and ASICs miner is different, I think even you want to get an experience in mining, you need to buy ASICs miner, you can try the cheap one. Title: Re: USB Mining Post by: Yamane_Keto on July 20, 2023, 11:17:06 AM I think you mean mining devices such as Bitcoin USB-Stick Miner bitshopper GekkoScience Compac F 200 up to 350 GH/s (https://www.bitshopper.de/en/shop/sha-256-miner/usb-miner-bitcoin/compac-f/)
The price is approximately $335, and you get 350GH/s in ideal conditions. If we compare it to the Bitmain Antminer S19 Pro 110TH - SHA-256 - Bitcoin Miner (https://www.amazon.com/Antminer-S19-pro-110th-Bitmain/dp/B08K7CVKDZ), its price is about $2,499. In ideal conditions, you get the 110TH. 110TH is 110,000 GH/s and by dividing both sides by 350 we get 314 while the price difference is about 7 times ($2,499/$335.) What I am trying to say here is that instead of buying 6 Bitcoin USB-Stick Miners, you can buy one Bitmain Antminer S19 Pro and you will get a return equal to buying about 300 Bitcoin USB-Stick Miners. All the above assumptions are in ideal conditions and for the purpose of comparison only, and no other things have been calculated and I don't know if there is any altcoin can be mined at a profit using 350GH/s. Title: Re: USB Mining Post by: stompix on July 25, 2023, 09:13:33 AM Mate, you can't even be profitable with a decent gaming computer with a high end graphics card mining Bitcoin, how do you think USB mining will end up? As many others before, do you realize that the said USB miner is using ASIC chips, the same as on an S9? That tiny USB miner everyone laughs about is way better than the first ASIC Bitmain launched and can still compete in terms of raw hashrate with their second model , the S3, which does 440GH/s while the Compac F usb miner gets 300+. I don't understand why people are fixated that much on the USB thing. If you slap a modern ASIC chip on an usb miner it will have the same characteristics as an ASIC, the only limitation is that you can barely fit one while with a 3000w miner you get 3 boards full of chips. What I am trying to say here is that instead of buying 6 Bitcoin USB-Stick Miners, you can buy one Bitmain Antminer S19 Pro and you will get a return equal to buying about 300 Bitcoin USB-Stick Miners. If he's looking for profit, buy the s19, but be careful if you can run it at all in your house; If he's looking to experiment with a miner for fun and not thinking of money buy a used old miner from two or three generations ago. If he's just looking for a novelty item and a fun quiet thing with no money involved, yeah, the USB miner might be a thing. Title: Re: USB Mining Post by: BitMaxz on July 25, 2023, 12:22:06 PM Mate, you can't even be profitable with a decent gaming computer with a high end graphics card mining Bitcoin, how do you think USB mining will end up? This idea is complete trash and I am not sure if it ever worked. It should stay archived and not shared with people as it is complete dumb in my honest opinion. How did you say it's a complete trash and dump? As he said he is a newbie that needs some guidance and knowledge which is why he ask. Comparing the hashrate speed between GPU and USB miner the USB miner is much faster than the GPU because the USB miner uses ASIC chips like Compac F and other USB miners newpac/2pac. If you don't have much knowledge about USB miners then I'll give you a list of them below. - GekkoScience NewPac / Terminus R606 (BM1387) Official Support Thread (https://bitcointalk.org/index.php?topic=5053833.0) - GekkoScience 2Pac/Compac BM1384 Stickminer Official Support Thread (https://bitcointalk.org/index.php?topic=1764803.0) And don't forget all people who always ask for a question are those who become most successful. Title: Re: USB Mining Post by: Yamane_Keto on July 25, 2023, 04:54:56 PM If he's just looking for a novelty item and a fun quiet thing with no money involved, yeah, the USB miner might be a thing. I see some Memecoin can be mined with ~350GH/s but I don't know if this altcoins worth to buy a miner for $335.Therefore, even if this thing is possible, I think it is better to spend this money to buy those memcoins directly. Title: Re: USB Mining Post by: KiaKia on July 26, 2023, 03:45:51 PM If he's just looking for a novelty item and a fun quiet thing with no money involved, yeah, the USB miner might be a thing. I see some Memecoin can be mined with ~350GH/s but I don't know if this altcoins worth to buy a miner for $335.Therefore, even if this thing is possible, I think it is better to spend this money to buy those memcoins directly. Even if it's not a meme coin and it's PoW alt I still won't try it because Bitcoin is the best bet for every new crypto investors. If you can't afford a Asic miner today it's not the end of the world yet, tomorrow is another day, maybe trying to buy Bitcoin now will open door to buying Asic miner someday, it's possible, think about doing this rather than some altcoins. Title: Re: USB Mining Post by: FP91G on July 26, 2023, 07:39:16 PM If he's just looking for a novelty item and a fun quiet thing with no money involved, yeah, the USB miner might be a thing. I see some Memecoin can be mined with ~350GH/s but I don't know if this altcoins worth to buy a miner for $335.Therefore, even if this thing is possible, I think it is better to spend this money to buy those memcoins directly. Title: Re: USB Mining Post by: gunhell16 on July 27, 2023, 08:36:21 AM Hello everyone Usb Bitcoin Miner ! is that recommended for a newbie? im willing to start mining using 6 of those USB but im not sure how and where to start if anyone have tried this please give us some TIPS or advice please In this day and age, you can't mine Bitcoin properly if you don't use an Asic miner. Now about the Usb miner that you are talking about, I don't seem to hear or see anything that they are still getting good income there instead if that is what you did at this time, you will surely end up spending high electricity consumption there. Therefore, that is no longer an effective way to earn bitcoin in mining at this time because the effective way now for you to mine Bitcoin is if you use Antminer S19 pro, and Bitmain Anminer or Canaan avalon. Title: Re: USB Mining Post by: FP91G on July 27, 2023, 03:49:16 PM Hello everyone Usb Bitcoin Miner ! is that recommended for a newbie? im willing to start mining using 6 of those USB but im not sure how and where to start if anyone have tried this please give us some TIPS or advice please In this day and age, you can't mine Bitcoin properly if you don't use an Asic miner. Now about the Usb miner that you are talking about, I don't seem to hear or see anything that they are still getting good income there instead if that is what you did at this time, you will surely end up spending high electricity consumption there. Therefore, that is no longer an effective way to earn bitcoin in mining at this time because the effective way now for you to mine Bitcoin is if you use Antminer S19 pro, and Bitmain Anminer or Canaan avalon. Title: Re: USB Mining Post by: philipma1957 on July 27, 2023, 04:58:08 PM Hello everyone Usb Bitcoin Miner ! is that recommended for a newbie? im willing to start mining using 6 of those USB but im not sure how and where to start if anyone have tried this please give us some TIPS or advice please You can buy a usb miner or 2 or 3 or 4 or 5 or 6. But they are very costly to buy. The cheapest way to mine btc is buy a used bitmain L3+ point it to nicehash and have it pay you in BTC. Or if you want to directly mine BTC use https://bitcointalk.org/index.php?topic=5340015.0 Futurebit Apollo Title: Re: USB Mining Post by: mikeywith on July 27, 2023, 06:25:53 PM Mate, you can't even be profitable with a decent gaming computer with a high end graphics card mining Bitcoin, how do you think USB mining will end up? Alas, those usb sticks do up go tera range of hashes, way more powerful than the best gaming computer out there. USB mining was a dumb concept to start with I am sure the guy that solved a block last year using a usb stick with disagree with your statement. You all need to understand that those USB sticks are actually ASICs, just using a lot less chips. Title: Re: USB Mining Post by: safar1980 on July 27, 2023, 10:51:18 PM And someone won the lottery last year, and I've never won a big win. USB ASICs will definitely not be used by business miners.
2 cents profit per day on a USB asic for 299 euros as an example of the worst investment in mining. Title: Re: USB Mining Post by: paid2 on July 27, 2023, 11:46:08 PM And someone won the lottery last year, and I've never won a big win. USB ASICs will definitely not be used by business miners. The whole point of USB mining is that it is not designed for business miners, but for home miners and hobbyist miners. It's like saying that paintball fans aren't interested in a T14 tank, it makes no sense, that's not the targeted market. Having USB miners that run and consume almost nothing isn't stupid, if you're lucky you get a block, if you're not you've lost only very little electricity at the end. Others use them to mine Testnet blocks, and that makes sense too. Title: Re: USB Mining Post by: safar1980 on July 28, 2023, 10:18:21 AM And someone won the lottery last year, and I've never won a big win. USB ASICs will definitely not be used by business miners. The whole point of USB mining is that it is not designed for business miners, but for home miners and hobbyist miners. It's like saying that paintball fans aren't interested in a T14 tank, it makes no sense, that's not the targeted market. Having USB miners that run and consume almost nothing isn't stupid, if you're lucky you get a block, if you're not you've lost only very little electricity at the end. Others use them to mine Testnet blocks, and that makes sense too. If you need a computer that has to be turned on all day, then this will require electricity costs. Why are these USB ASICs so expensive? Title: Re: USB Mining Post by: paid2 on July 28, 2023, 11:16:59 AM How does this USB ASIC work? Can this ASIC work autonomously, or does it need a personal computer to run the mining software? If you need a computer that has to be turned on all day, then this will require electricity costs. Why are these USB ASICs so expensive? You can run them on low-energy systems, like a raspberry pi. Some people have servers or computers that run 7/24 anyway, so it makes no difference to them. + we're starting to see standalone USB miners appearing on the market, which solves this problem, and will probably be the case more often in the future. Why are prices so high? I don't know, but it's easy to think that those who produce these USB miners don't benefit from the same rates as those who produce tens of thousands of ASICs for their components? Economy of scale is something to consider IMO Title: Re: USB Mining Post by: Yamane_Keto on July 28, 2023, 11:39:58 AM Why are these USB ASICs so expensive? I do not think that it is expensive because it is impossible to find a mining tool that costs you less than $ 200, but the price is not important, but rather a comparison of the price with TH / s. So I suppose you are asking why would I pay around $200 to get 200 GH? The reason for this is the density of Application-Specific Integrated Circuits on a small piece of "system-on-a-chip" (SoC) design, which causes them to heat up extremely quickly, forcing developers to reduce speeds and recommend that these devices be well-cooled. https://river.com/learn/images/articles/usb-bitcoin-miners.png It may be less noisy than other mining devices, but it is not profitable. How does this USB ASIC work? Can this ASIC work autonomously, or does it need a personal computer to run the mining software? It is a USB connection, so you can connect it to any source and you need to connect it to the Internet and build a small group of them as shown in the above figure, but as I explained to you, they are not profitable, so instead of buying 30 devices from them, I can buy Bitmain Antminer S9 (14Th) with a better return. Title: Re: USB Mining Post by: stompix on July 28, 2023, 05:17:44 PM 2 cents profit per day on a USB asic for 299 euros as an example of the worst investment in mining. Why are these USB ASICs so expensive? Somebody was selling the first batch for 800 on eBay back when it was launched, it's not a price that is set in stone. Bitcoinmerch is selling it for $199 that's 50% cheaper and it's selling a 6x pack with hub and fans for $999, that's $166 a piece. It's a 2021 design made in small batches that is now treated as a cool piece of history, that's why prices are so high. Why are prices so high? I don't know, but it's easy to think that those who produce these USB miners don't benefit from the same rates as those who produce tens of thousands of ASICs for their components? Economy of scale is something to consider IMO The s9, (although if I remember correctly the Compac F uses S17 chips) had 189 chips, the rest of the miner is cheap compared to chip prices nowadays so there goes the additional cost distribution for the manufacturer while with the USB is a ton of work on small batches, then there is the thing that Bitmain doesn't sell the chips directly at their production cost so far costlier. You can't build something with more work, and more customization while buying all the components from the guy who mass-produces and charges you extra for them and then compete with him. Title: Re: USB Mining Post by: FP91G on July 28, 2023, 06:42:14 PM If you gather such amateurs of solo mining here, then its better to buy an old and proven ASIC BITMAIN AntMiner S9 for $200 and an ASIC noicebox for $200, and spend the rest of the dollars on electricity. Asics are more likely to catch a block in solo mining, but this is also a very difficult task.
Title: Re: USB Mining Post by: mikeywith on July 29, 2023, 01:51:44 AM And someone won the lottery last year, and I've never won a big win. USB ASICs will definitely not be used by business miners. 2 cents profit per day on a USB asic for 299 euros as an example of the worst investment in mining. Everything has its own use case, not everyone is a businessman or a large investor who can afford to build a large farm, it's easy to tell OP to ditch the USB miner and go build a 100MW farm with all M50s or S19 XPs and make a few million dollars in profit, ya that would be a lot better than a few cents a day, but then that would be dumb advice. Something like R606 by GekkoScience does nearly 2th at 80w, costs next to nothing to run, and has an ok chance of hitting a block compared to an S9 that consumes 1000w and needs to be placed somewhere far so people can fall asleep, so for anyway who doesn't want to spend much on the power bill, run a silent small miner for a lottery, USB sticks are a great option. Title: Re: USB Mining Post by: philipma1957 on July 29, 2023, 02:52:01 AM And someone won the lottery last year, and I've never won a big win. USB ASICs will definitely not be used by business miners. 2 cents profit per day on a USB asic for 299 euros as an example of the worst investment in mining. Everything has its own use case, not everyone is a businessman or a large investor who can afford to build a large farm, it's easy to tell OP to ditch the USB miner and go build a 100MW farm with all M50s or S19 XPs and make a few million dollars in profit, ya that would be a lot better than a few cents a day, but then that would be dumb advice. Something like R606 by GekkoScience does nearly 2th at 80w, costs next to nothing to run, and has an ok chance of hitting a block compared to an S9 that consumes 1000w and needs to be placed somewhere far so people can fall asleep, so for anyway who doesn't want to spend much on the power bill, run a silent small miner for a lottery, USB sticks are a great option. yeah pretty much r606 or the Apollo are cheap to run. I play with an old L3+ using a good platinum ATX psu. I set it to 80% speed for hash I set it to 12% speed for fans I solo mine Doge. I run it in a cold spot in my home that needs a space heater in the summer as ac makes the runs too cold. Same spot is too cold in the winter so it needs a space heater in the winter. So I would be running a space heater on low or running this L3+ Title: Re: USB Mining Post by: FP91G on July 29, 2023, 06:50:18 PM Something like R606 by GekkoScience does nearly 2th at 80w, costs next to nothing to run, and has an ok chance of hitting a block compared to an S9 that consumes 1000w and needs to be placed somewhere far so people can fall asleep, so for anyway who doesn't want to spend much on the power bill, run a silent small miner for a lottery, USB sticks are a great option. I correctly understood that if the Terminus R606 Pod Miner is overclock to 1 terahesh, then it will consume 120 watts? In the last post, I wrote about 200 dollars for ASIC BITMAIN AntMiner S9, and this is my mistake. This ASIC can now be bought for 35-40 dollars :) And it's better to take 3 pieces for 100 dollars for spare parts. This is the price with the power supply. A modern noicebox will allow you to install this ASIC even in an apartment. I'm willing to bet that this is more profitable than buying an expensive R606 for 0.7-1 terahash.Title: Re: USB Mining Post by: mikeywith on July 30, 2023, 12:19:49 AM I correctly understood that if the Terminus R606 Pod Miner is overclock to 1 terahesh, then it will consume 120 watts? In the last post, I wrote about 200 dollars for ASIC BITMAIN AntMiner S9, and this is my mistake. This ASIC can now be bought for 35-40 dollars :) And it's better to take 3 pieces for 100 dollars for spare parts. This is the price with the power supply. A modern noicebox will allow you to install this ASIC even in an apartment. I'm willing to bet that this is more profitable than buying an expensive R606 for 0.7-1 terahash. The R606 can do 2.1th at 88w, i hear your argument but it is like saying instead of buying motorbike, it is cheaper to buy a truck, everything has it is own use case, some people want a simple plug-n-play solution they can insert into their PC or Raspi and off they go, that is totally different from buying an S9, doing all the modifications, getting a noise box (which won't reduce the noise to the point that you can sleep next to). Title: Re: USB Mining Post by: FP91G on July 30, 2023, 09:11:09 PM I correctly understood that if the Terminus R606 Pod Miner is overclock to 1 terahesh, then it will consume 120 watts? In the last post, I wrote about 200 dollars for ASIC BITMAIN AntMiner S9, and this is my mistake. This ASIC can now be bought for 35-40 dollars :) And it's better to take 3 pieces for 100 dollars for spare parts. This is the price with the power supply. A modern noicebox will allow you to install this ASIC even in an apartment. I'm willing to bet that this is more profitable than buying an expensive R606 for 0.7-1 terahash. The R606 can do 2.1th at 88w, i hear your argument but it is like saying instead of buying motorbike, it is cheaper to buy a truck, everything has it is own use case, some people want a simple plug-n-play solution they can insert into their PC or Raspi and off they go, that is totally different from buying an S9, doing all the modifications, getting a noise box (which won't reduce the noise to the point that you can sleep next to). Let's do a little math. I buy 3 ASIC BITMAIN AntMiner S9 14th for $100 and start mining on one ASIC in solo. For a year I will pay 400 dollars for electricity. And I'll buy a good noisebox for $200. After 2 years, I will get tired of the experiment and I will lose $1100, but I will still have AntMiner S9 bricks and noisebox :) I think the buyer of Terminus R606 will lose more money if this ASIC costs $400. Title: Re: USB Mining Post by: mikeywith on July 31, 2023, 03:31:04 AM I read in the specifications that the overclocking limit is 1.1th and the manufacturer does not guarantee stable operation with such overclocking. The miner is guaranteed to run at 1.5TH from under 100 DC watts at stock voltage and do it nearly silently. Better performance isn't guaranteed, but is probably attainable. Take for example the test unit I had running 1.8TH at 70 watts, or the above-photographed machine which pulled down almost 2.1TH from 88 watts (on stock voltage, no voltage tuning) for over a week: Quote Let's do a little math. I buy 3 ASIC BITMAIN AntMiner S9 14th for $100 and start mining on one ASIC in solo. For a year I will pay 400 dollars for electricity. And I'll buy a good noisebox for $200. After 2 years, I will get tired of the experiment and I will lose $1100, but I will still have AntMiner S9 bricks and noisebox :) .I think the buyer of Terminus R606 will lose more money if this ASIC costs $400 It is not just the profit vs cost, not sure how do i explain it better, you keep talking about noise boxes, have you tested them? Because I have and those not near as silent, the heat generated by 3*S9s will need some serious cooling, it is not easy to run an industrial mining gear like the S9 at home. If we talking big scale, of course those USB miners are a bad option, way to expensive for their hashrate. Title: Re: USB Mining Post by: paid2 on July 31, 2023, 09:02:53 AM I read in the specifications that the overclocking limit is 1.1th and the manufacturer does ot guarantee stable operation with such overclocking. Let's do a little math. I buy 3 ASIC BITMAIN AntMiner S9 14th for $100 and start mining on one ASIC in solo. For a year I will pay 400 dollars for electricity. And I'll buy a good noisebox for $200. After 2 years, I will get tired of the experiment and I will lose $1100, but I will still have AntMiner S9 bricks and noisebox :) I think the buyer of Terminus R606 will lose more money if this ASIC costs $400. People who turn to small USB-type ASICs don't think like that. They want no noise, and minimal power consumption. Basically, they're letting your Asics USB sleep like a permanent lottery ticket. S9s consume a lot more energy, and (for example) no European (or almost no European) would want them, because the lottery ticket would be too expensive. What's more, as mikeywith said, even with a box, they're still infinitely noisier than USBs. Their PSU alone is louder than a USB miner. Those who buy USB miners are not in a race for efficiency and are not necessarily looking for the lowest price per Th/s. They are looking for an opportunity to mine solo in a symbolic way, without the constraints of a conventional ASIC. Title: Re: USB Mining Post by: mikeywith on July 31, 2023, 12:11:29 PM People who turn to small USB-type ASICs don't think like that. They want no noise, and minimal power consumption. Basically, they're letting your Asics USB sleep like a permanent lottery ticket. S9s consume a lot more energy, and (for example) no European (or almost no European) would want them, because the lottery ticket would be too expensive. What's more, as mikeywith said, even with a box, they're still infinitely noisier than USBs. Their PSU alone is louder than a USB miner. Those who buy USB miners are not in a race for efficiency and are not necessarily looking for the lowest price per Th/s. They are looking for an opportunity to mine solo in a symbolic way, without the constraints of a conventional ASIC. Ya, I think FP91G is thinking within a very narrow aspect of "cost vs hashrate", given my power rate and space I would most likely not buy a USB a miner due to the cost per th, but say I moved to a small flat in a country where power is pretty expensive, I have no dedicated 220-20A circuit where I can run an industrial miner, no empty room to host the miner in the first place, or any other reason that deem using an industrial grade miner at home impossible, yet I want to still get a shot to find a block, then I would certainly buy a USB miner. Title: Re: USB Mining Post by: safar1980 on July 31, 2023, 02:48:03 PM I correctly understood that if the Terminus R606 Pod Miner is overclock to 1 terahesh, then it will consume 120 watts? In the last post, I wrote about 200 dollars for ASIC BITMAIN AntMiner S9, and this is my mistake. This ASIC can now be bought for 35-40 dollars :) And it's better to take 3 pieces for 100 dollars for spare parts. This is the price with the power supply. A modern noicebox will allow you to install this ASIC even in an apartment. I'm willing to bet that this is more profitable than buying an expensive R606 for 0.7-1 terahash. The R606 can do 2.1th at 88w, i hear your argument but it is like saying instead of buying motorbike, it is cheaper to buy a truck, everything has it is own use case, some people want a simple plug-n-play solution they can insert into their PC or Raspi and off they go, that is totally different from buying an S9, doing all the modifications, getting a noise box (which won't reduce the noise to the point that you can sleep next to). Let's do a little math. I buy 3 ASIC BITMAIN AntMiner S9 14th for $100 and start mining on one ASIC in solo. For a year I will pay 400 dollars for electricity. And I'll buy a good noisebox for $200. After 2 years, I will get tired of the experiment and I will lose $1100, but I will still have AntMiner S9 bricks and noisebox :) I think the buyer of Terminus R606 will lose more money if this ASIC costs $400. "1 x Power Adapter DC 12V/10A. 6 X GekkoScience COMPAC F 2.1+TH/S The Compac F Is The Most Powerful USB Bitcoin Miner Ever Made That Actually Turns A Profit In Most Cases. This Rig Includes Active Air Cooling On Each Miner. Those Miners Can Peak Much Higher Wattage Compared To The Older Version." https:// delete Title: Re: USB Mining Post by: paid2 on July 31, 2023, 02:57:14 PM This asic, with its power supply, has a maximum consumption of 120 watts 1 x Power Adapter DC 12V/10A. 6 X GekkoScience COMPAC F 2.1+TH/S The Compac F Is The Most Powerful USB Bitcoin Miner Ever Made That Actually Turns A Profit In Most Cases. This Rig Includes Active Air Cooling On Each Miner. Those Miners Can Peak Much Higher Wattage Compared To The Older Version. Please don't post this link, it is a well known scam : https://bitcointalk.org/index.php?topic=5436634.msg61650149#msg61650149 (https://bitcointalk.org/index.php?topic=5436634.msg61650149#msg61650149) (confirmed by sidehack himself) Let's not help these scammers with their referencing and advertising Title: Re: USB Mining Post by: NotFuzzyWarm on July 31, 2023, 05:10:49 PM @safar1980
Please delete that link - it is a known scam site that Sidehack has been trying to get shutdown for well over a month. Title: Re: USB Mining Post by: Yamane_Keto on August 01, 2023, 04:16:14 PM 1 x Power Adapter DC 12V/10A. Talking about USB Bitcoin Miner is nonsense caused by the extremely rare possibility of Solo Miner Nets $215K in BTC Using a Mini USB Rig (https://cryptopotato.com/another-solo-miner-nets-215k-in-btc-using-a-mini-usb-rig/) and it was exploited badly by some articles and YouTube channels as the USB Rig was 8.3 TH/s (note that per device is less than 500 GH/s)6 X GekkoScience COMPAC F 2.1+TH/S The Compac F Is The Most Powerful USB Bitcoin Miner Ever Made That Actually Turns A Profit In Most Cases. USB miner is something to try and it is not possible to make a good profit with it. you need a mining ring to make about ~3/day for some altcoins which is not so profitable. Title: Re: USB Mining Post by: FP91G on August 02, 2023, 06:32:41 PM Quote Let's do a little math. I buy 3 ASIC BITMAIN AntMiner S9 14th for $100 and start mining on one ASIC in solo. For a year I will pay 400 dollars for electricity. And I'll buy a good noisebox for $200. After 2 years, I will get tired of the experiment and I will lose $1100, but I will still have AntMiner S9 bricks and noisebox :) .I think the buyer of Terminus R606 will lose more money if this ASIC costs $400 It is not just the profit vs cost, not sure how do i explain it better, you keep talking about noise boxes, have you tested them? Because I have and those not near as silent, the heat generated by 3*S9s will need some serious cooling, it is not easy to run an industrial mining gear like the S9 at home. If we talking big scale, of course those USB miners are a bad option, way to expensive for their hashrate. My comrades tested noise boxes, 40-50 decibels noise level in the noise box. For a balcony, this can be used. And now calculate the cost of acquiring USB ASICs for hashrate at 14th, power consumption and noise level from 7 pcs COMPAC F 2.1. Title: Re: USB Mining Post by: mikeywith on August 03, 2023, 01:20:41 AM And now calculate the cost of acquiring USB ASICs for hashrate at 14th, power consumption and noise level from 7 pcs COMPAC F 2.1. Some people don't want 14th, a noise box and all that, they just want a chance to solo mine a block, there is no way you are getting 40 db on an S9 running at 14th unless it's freezing cold and fans are sitting near idle at 20-25%, a very difficult condition to be met giving that the noisebox will increase temps regardless, 50-55 db is more like it, ya if you put it in a different room it could work, but again, not everyone has a spare room. Also, while an S19 gives you 7 times the hashrate (2 vs 14), it also uses 7 times more power, someone who pays 10 cents per kWh will only have to pay 6$ a month while still getting a chance to hit a block, vs paying $90 a month running an s9, in just a few months the power bill alone will surpass the cost of the USB miner, you see we can keep going back and forth of how something is better than the other, but we will get nowhere because as I said, everything has it's own use case. Title: Re: USB Mining Post by: FP91G on August 03, 2023, 07:30:48 PM And now calculate the cost of acquiring USB ASICs for hashrate at 14th, power consumption and noise level from 7 pcs COMPAC F 2.1. Some people don't want 14th, a noise box and all that, they just want a chance to solo mine a block, there is no way you are getting 40 db on an S9 running at 14th unless it's freezing cold and fans are sitting near idle at 20-25%, a very difficult condition to be met giving that the noisebox will increase temps regardless, 50-55 db is more like it, ya if you put it in a different room it could work, but again, not everyone has a spare room. Also, while an S19 gives you 7 times the hashrate (2 vs 14), it also uses 7 times more power, someone who pays 10 cents per kWh will only have to pay 6$ a month while still getting a chance to hit a block, vs paying $90 a month running an s9, in just a few months the power bill alone will surpass the cost of the USB miner, you see we can keep going back and forth of how something is better than the other, but we will get nowhere because as I said, everything has it's own use case. 04:42 ASIC noise level in the Noisebox in Normal mode https://www.youtube.com/watch?v=Ne8kV64AufA&ab_channel=SeregaSoleniyminer Title: Re: USB Mining Post by: stompix on August 03, 2023, 09:52:05 PM 04:42 ASIC noise level in the Noisebox in Normal mode https://www.youtube.com/watch?v=Ne8kV64AufA&ab_channel=SeregaSoleniyminer Please tell me there is a hole there and I'm just too drunk dumb and blind to not see it! https://www.talkimg.com/images/2023/08/03/Gw5Vz.png Title: Re: USB Mining Post by: FP91G on August 04, 2023, 09:00:56 PM 04:42 ASIC noise level in the Noisebox in Normal mode https://www.youtube.com/watch?v=Ne8kV64AufA&ab_channel=SeregaSoleniyminer Please tell me there is a hole there and I'm just too drunk dumb and blind to not see it! https://www.talkimg.com/images/2023/08/03/Gw5Vz.png If you are interested in the noise level and want to see how homemade noise boxes work, then watch this video. Here the noise level is slightly higher. https://www.youtube.com/watch?v=C1vx3K7fPFk Antminer S9 13,5 th can be bought for 23 dollars in Russia https://www.avito.ru/moskva/oborudovanie_dlya_biznesa/antminer_s9_135_th_3167724011 How much do these ASICs cost in your country? Title: Re: USB Mining Post by: FP91G on August 06, 2023, 09:40:42 PM Hello everyone Usb Bitcoin Miner ! is that recommended for a newbie? Using USB Bitcoin miners, especially older and low-performance models, is generally not recommended for newcomers to cryptocurrency mining. If you're new to Bitcoin mining and are interested in getting started, here are some steps you can take: Educate Yourself: Before you start mining, it's important to understand how the process works, the technology involved, and the potential risks and rewards. There are plenty of online resources, guides, and forums where you can learn about Bitcoin mining. Research Mining Hardware: Instead of USB miners, consider investing in more powerful and efficient ASIC miners. Research different models, their specifications, performance, and reviews. Focus on models that are currently relevant and can provide a reasonable return on investment. Calculate Costs and Potential Returns: Use online calculators to estimate potential profitability based on your chosen hardware, electricity costs, and other relevant expenses. Keep in mind that the mining landscape can change rapidly, so it's important to factor in potential changes in Bitcoin's price and mining difficulty. Select a Mining Pool: If you decide to mine, it's generally recommended to join a mining pool. Mining pools increase your chances of earning rewards by combining the computational power of multiple miners. Research and choose a reputable mining pool with a fair distribution system. Setup and Configuration: Once you have your hardware, you'll need to set it up. This involves connecting the hardware to your computer or a dedicated mining rig, configuring the mining software, and connecting to your chosen mining pool. Monitor and Maintain: Mining requires ongoing monitoring and maintenance. You'll need to ensure that your hardware is running smoothly, temperatures are within safe limits, and that you're receiving payouts from the mining pool. Stay Updated: The cryptocurrency space evolves rapidly. Stay informed about changes in technology, regulations, and market conditions that might affect your mining operation. Risk Management: Keep in mind that mining involves financial risk. Due to the complex and competitive nature of the industry, there's no guarantee of profits. This is not a miner, but entertainment for people who have expensive electricity and are unable to install a modern ASIC due to noise or expensive electricity. Asics with water cooling do not solve the problem of expensive electricity. Title: Re: USB Mining Post by: citb0in on August 07, 2023, 07:59:54 AM Hello everyone Usb Bitcoin Miner ! is that recommended for a newbie? im willing to start mining using 6 of those USB but im not sure how and where to start if anyone have tried this please give us some TIPS or advice please the best tip I can give you: spend some hours here in the forum and click through the different threads. Especially: use the search function. You will find all the info you need. If you still have questions, you can open a new thread with specific questions. Good luck playing the lottery. Title: Re: USB Mining Post by: promise444c5 on August 20, 2023, 05:42:37 PM If you haven't bought any of those USB miners then I suggest you just use that money, buy Bitcoin and keep it in some secure hardware wallet. HODL till maybe bull run and sell. You will be way better off. But if you are willing to mining whilst expecting no rewards at all, then give it a go. It's being addressed though in the quote by Jerome Tash ,minning is running out of profit I would just advice you to heed to the comment It's what you can find profitable ,otherwise if you want to earn little or if you can put in some extra efforts in mining hardwares to enter the "uphand" game, but If I were u I will just heed to this though not judging but just putting myself in your shoesRead through this threads, you might get some helpful info 1. https://bitcointalk.org/index.php?topic=5340726 2. https://bitcointalk.org/index.php?topic=5337008 Title: Re: USB Mining Post by: GxSTxV on August 20, 2023, 05:58:35 PM The thing i thought about when i learned about mining is to get some USB Miners since they are small. But as anyone that knows a little bit about mining you should calculate the daily or monthly profit you generate from these devices, Ans it's that time i knew it's a worthless thing ever to do unless you get thousands of them which will return to the concept of buying directly a bigger device that will generate more profit and will be cheaper.
With an average USB Miner i could find sold on Amazon with 150Gh/s power it won't generate 0.01$ a day without taking off the electricity and device connected to. So the conclusion is that USB miners are only for fun Title: Re: USB Mining Post by: JanNettFoster on August 25, 2023, 08:43:50 AM USB mining is generally not considered profitable for cryptocurrency mining. USB miners are typically devices with very low processing power and energy efficiency, making them ill-suited for the high computational demands of most cryptocurrencies like Bitcoin.
Bitcoin and many other popular cryptocurrencies are mined using specialized hardware known as ASICs (Application-Specific Integrated Circuits), which are designed specifically for the purpose of mining. These ASICs are much more powerful and efficient compared to USB miners or even regular GPUs (Graphics Processing Units) used in gaming computers. USB miners were more relevant during the early days of cryptocurrency mining when the network difficulty and computational requirements were lower. However, as cryptocurrencies gained popularity and the networks became more secure, the mining difficulty increased significantly, making it extremely difficult for low-power devices like USB miners to compete and generate a meaningful amount of cryptocurrency. Title: Re: USB Mining Post by: FP91G on August 25, 2023, 04:01:08 PM So the conclusion is that USB miners are only for fun To enrich the sellers of these miners.The buyer does not look at the profit of this device, because it is impossible to recoup. This can be compared to the bitcoin lottery, because one lucky person managed to catch a block of bitcoin in solo. I have not verified this information. Title: Re: USB Mining Post by: fillippone on September 28, 2023, 06:12:35 AM This is not a true USB mining device,
but I hope it will help you to put things in the right perspective: NERDMINER: Bitcoin lottery miners (https://bitcointalk.org/index.php?topic=5466940.msg62852266#msg62852266) If you do this, it is certainly not for the economic revenues. Title: Re: USB Mining Post by: serveria.com on September 29, 2023, 08:35:37 AM Hello everyone Usb Bitcoin Miner ! is that recommended for a newbie? im willing to start mining using 6 of those USB but im not sure how and where to start if anyone have tried this please give us some TIPS or advice please My tip would be to forget about this idea. Just buy $300 worth of Bitcoin and hodl. You are guaranteed to earn more eventually. No, I mean why are they even still making these USB sticks? What's the point? Just for testing/educational purposes? ;D Title: Re: USB Mining Post by: FP91G on October 07, 2023, 04:12:57 PM Hello everyone Usb Bitcoin Miner ! is that recommended for a newbie? im willing to start mining using 6 of those USB but im not sure how and where to start if anyone have tried this please give us some TIPS or advice please My tip would be to forget about this idea. Just buy $300 worth of Bitcoin and hodl. You are guaranteed to earn more eventually. No, I mean why are they even still making these USB sticks? What's the point? Just for testing/educational purposes? ;D The educational purpose here is very dubious, because this knowledge will have nowhere to be applied if you do not want to expand the community of solo miners with 55Kh/s devices Title: Re: USB Mining Post by: Sledge0001 on October 17, 2023, 11:18:18 PM Okay I'll stir the pot here and say that USB mining for lottery and educational purposes can be a good thing. I personally hit (found a block) with a GekkoScience Compac F USB stick on CK's solo pool so I am proof that yes it can happen.
Was I lucky? You better believe it. I would say if you go the USB mining route expect no return ever but you can in fact shoot and hope for the moon. Title: Re: USB Mining Post by: joniboini on October 18, 2023, 01:40:36 AM The educational purpose here is very dubious, because this knowledge will have nowhere to be applied if you do not want to expand the community of solo miners with 55Kh/s devices It would be weird if they made products that have no demand on the market. Is it possible that people are just trying their luck so they can get as lucky as the poster above? Maybe they think the cost is worth the time or effort they spent to run the RIG. I honestly doubt manufacturers make these with no profit in their minds at all. Maybe some educational facility also buy a batch of these to do their demonstration? CMIIW.Title: Re: USB Mining Post by: kano on October 18, 2023, 12:56:53 PM The educational purpose here is very dubious, because this knowledge will have nowhere to be applied if you do not want to expand the community of solo miners with 55Kh/s devices It would be weird if they made products that have no demand on the market. Is it possible that people are just trying their luck so they can get as lucky as the poster above? Maybe they think the cost is worth the time or effort they spent to run the RIG. I honestly doubt manufacturers make these with no profit in their minds at all. Maybe some educational facility also buy a batch of these to do their demonstration? CMIIW.You need about 5.5 million of them just to match a single compacf USB miner. Title: Re: USB Mining Post by: kekeck33 on October 18, 2023, 06:46:07 PM What about USB 250GHs miner, is any real chance to find a block in a few years?
What is the smalest speed to find a solo block in a few years, 1TH or more? |