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Other => Beginners & Help => Topic started by: chynnc on July 08, 2014, 12:12:34 AM



Title: USB Miners
Post by: chynnc on July 08, 2014, 12:12:34 AM
I've heard that USB miners aren't really useful for mining anymore but I really want to experience what mining is like, even if I'm not really getting anything more than a few satoshis. With them being pretty outdated I was wondering if anyone had one or two left over from when they actually were useful, that would be willing to send them to me. I could probably pay for shipping if need be. I understand that even the cost of the electric needed to use it, is more than I will get out f it, but it is nothing something I will be doing long. Like I said, kinda just want the experience.
Thank you all in advance.


Title: Re: USB Miners
Post by: notlist3d on July 08, 2014, 01:18:55 AM
If you look on Ebay you will find lots of block erupters for cheap.  It is more of for fun on most usb miners don't expect ROI. 


Title: Re: USB Miners
Post by: IamCANADIAN013 on July 08, 2014, 04:55:11 AM
I've heard that USB miners aren't really useful for mining anymore but I really want to experience what mining is like, even if I'm not really getting anything more than a few satoshis. With them being pretty outdated I was wondering if anyone had one or two left over from when they actually were useful, that would be willing to send them to me. I could probably pay for shipping if need be. I understand that even the cost of the electric needed to use it, is more than I will get out f it, but it is nothing something I will be doing long. Like I said, kinda just want the experience.
Thank you all in advance.

I have 10 of them kicking around.  Personally, I still can't believe that they are still selling, and/or that people are still buying them.  I get that you want the experience, but even with all 10 hooked up, I doubt you'd see much of anything out of them.

Where are you located roughly?


Title: Re: USB Miners
Post by: minerjoen on July 08, 2014, 05:03:35 AM
Well there is not much to experience with, most of the usb miners (like that usb stick formats etc) are plug and play (just install drivers and done)
I've used like 20 from that usb sticks and 1 bigger one from 5ghs from butterfly labs.. It was a while ago so i made some money out of it, but since some months u get really nothing anymore out of it. (even if u pay nothing for the power it used, u would not get 1 bitcoin with over 8ghs over 1 year, 1 usb stick give u 0.33 ghs..

Ofc its nice to experience with but i think u can beter get some experience with the crypt/x11/x13 coins what u can make with ur CPU / GPU. Ofc if you want bitcoins at the end u can change ur coins for bitcoins. U will get much more out of it if you follow this website and get the right coins to mine.


Title: Re: USB Miners
Post by: enhu on July 08, 2014, 05:11:18 AM

I was also planing to buy USB ASIC miner lately but change my mind when i saw some miners hardware to which If would I wouldn't stand a chance. You try to use the mining calculator to check whether you will be profitable or not. else it will just be a waste of $ to buy USB miners.


Title: Re: USB Miners
Post by: Peter882 on July 08, 2014, 06:04:45 AM
I've heard that USB miners aren't really useful for mining anymore but I really want to experience what mining is like, even if I'm not really getting anything more than a few satoshis. With them being pretty outdated I was wondering if anyone had one or two left over from when they actually were useful, that would be willing to send them to me. I could probably pay for shipping if need be. I understand that even the cost of the electric needed to use it, is more than I will get out f it, but it is nothing something I will be doing long. Like I said, kinda just want the experience.
Thank you all in advance.

You can buy them on eBay easily, but as you already know, it is pretty much useless for mining now.
But if you are going for mine for fun, go for it and have fun. :D


Title: Re: USB Miners
Post by: chynnc on July 08, 2014, 12:10:36 PM
I've heard that USB miners aren't really useful for mining anymore but I really want to experience what mining is like, even if I'm not really getting anything more than a few satoshis. With them being pretty outdated I was wondering if anyone had one or two left over from when they actually were useful, that would be willing to send them to me. I could probably pay for shipping if need be. I understand that even the cost of the electric needed to use it, is more than I will get out f it, but it is nothing something I will be doing long. Like I said, kinda just want the experience.
Thank you all in advance.

I have 10 of them kicking around.  Personally, I still can't believe that they are still selling, and/or that people are still buying them.  I get that you want the experience, but even with all 10 hooked up, I doubt you'd see much of anything out of them.

Where are you located roughly?

Well I have nothing to lose but time honestly. I don't pay for electric, so I don't have to worry about that. Also I'm a bit of a show off, my sister thinks all of this is a huge scam. She doesn't get that putting your computer to work can generate something that equates to money. If I can get her on board the cryptocurrency train I'd feel pretty accomplished and maybe convince her to throw down some money with me to get a real miner.
I'm in NY a little outside of Poughkeepsie.


Title: Re: USB Miners
Post by: beegatewood on July 08, 2014, 12:42:16 PM
I've heard that USB miners aren't really useful for mining anymore but I really want to experience what mining is like, even if I'm not really getting anything more than a few satoshis. With them being pretty outdated I was wondering if anyone had one or two left over from when they actually were useful, that would be willing to send them to me. I could probably pay for shipping if need be. I understand that even the cost of the electric needed to use it, is more than I will get out f it, but it is nothing something I will be doing long. Like I said, kinda just want the experience.
Thank you all in advance.

I have 10 of them kicking around.  Personally, I still can't believe that they are still selling, and/or that people are still buying them.  I get that you want the experience, but even with all 10 hooked up, I doubt you'd see much of anything out of them.

Where are you located roughly?

Well I have nothing to lose but time honestly. I don't pay for electric, so I don't have to worry about that. Also I'm a bit of a show off, my sister thinks all of this is a huge scam. She doesn't get that putting your computer to work can generate something that equates to money. If I can get her on board the cryptocurrency train I'd feel pretty accomplished and maybe convince her to throw down some money with me to get a real miner.
I'm in NY a little outside of Poughkeepsie.

If you really want to convince her, you need some real ASIC that can go at least 1 TH/s. If not your profit will be so small that no body cares..


Title: Re: USB Miners
Post by: Relnarien on July 08, 2014, 12:50:24 PM
I've heard that USB miners aren't really useful for mining anymore but I really want to experience what mining is like, even if I'm not really getting anything more than a few satoshis. With them being pretty outdated I was wondering if anyone had one or two left over from when they actually were useful, that would be willing to send them to me. I could probably pay for shipping if need be. I understand that even the cost of the electric needed to use it, is more than I will get out f it, but it is nothing something I will be doing long. Like I said, kinda just want the experience.
Thank you all in advance.

I have 10 of them kicking around.  Personally, I still can't believe that they are still selling, and/or that people are still buying them.  I get that you want the experience, but even with all 10 hooked up, I doubt you'd see much of anything out of them.

Where are you located roughly?

Well I have nothing to lose but time honestly. I don't pay for electric, so I don't have to worry about that. Also I'm a bit of a show off, my sister thinks all of this is a huge scam. She doesn't get that putting your computer to work can generate something that equates to money. If I can get her on board the cryptocurrency train I'd feel pretty accomplished and maybe convince her to throw down some money with me to get a real miner.
I'm in NY a little outside of Poughkeepsie.

Unfortunately, even larger ASICS are decreasing in profitability from Bitcoin mining in today's petahash-based environment. According to coinwarz.com, it would take a 1 terahash miner at least 33 days of continuous mining before it can generate a full Bitcoin. And that's assuming that you're not paying for electricity (which you said you didn't), that pool fees are not deducted from your earnings and that the network difficulty stays constant or decreases. There's also the issue of setting up and maintaining the hardware, which you'll need to take care of if you live in a highly urbanized area. You pretty much won't be getting an RoI for a while. You'll prolly earn about $20 dollars worth of Bitcoins running 5 to 10 USB miners 24-7. If for some reason, you are able to convince your sister to plop some cash down for some stronger hardware by showing her  such a paltry amount, you would then need to convince her that she'll be getting back her few hundred dollars with interest in just a few months, barring an unfortunate mishap involving summer heat and an unventilated room.

Mine for fun. But even with free electricity, you won't be making much of a profit unless you're planning on mining with a few good terahashes.


Title: Re: USB Miners
Post by: Dannie on July 08, 2014, 12:51:48 PM
I've heard that USB miners aren't really useful for mining anymore but I really want to experience what mining is like, even if I'm not really getting anything more than a few satoshis. With them being pretty outdated I was wondering if anyone had one or two left over from when they actually were useful, that would be willing to send them to me. I could probably pay for shipping if need be. I understand that even the cost of the electric needed to use it, is more than I will get out f it, but it is nothing something I will be doing long. Like I said, kinda just want the experience.
Thank you all in advance.

I have 10 of them kicking around.  Personally, I still can't believe that they are still selling, and/or that people are still buying them.  I get that you want the experience, but even with all 10 hooked up, I doubt you'd see much of anything out of them.

Where are you located roughly?

Well I have nothing to lose but time honestly. I don't pay for electric, so I don't have to worry about that. Also I'm a bit of a show off, my sister thinks all of this is a huge scam. She doesn't get that putting your computer to work can generate something that equates to money. If I can get her on board the cryptocurrency train I'd feel pretty accomplished and maybe convince her to throw down some money with me to get a real miner.
I'm in NY a little outside of Poughkeepsie.

If you really want to convince her, you need some real ASIC that can go at least 1 TH/s. If not your profit will be so small that no body cares..

It is more likely to never get your investment back with the ASIC IMO.
It probably will reinforce her "idea" that bitcoin is a scam. :(


Title: Re: USB Miners
Post by: Katarina on July 08, 2014, 12:53:39 PM
I've heard that USB miners aren't really useful for mining anymore but I really want to experience what mining is like, even if I'm not really getting anything more than a few satoshis. With them being pretty outdated I was wondering if anyone had one or two left over from when they actually were useful, that would be willing to send them to me. I could probably pay for shipping if need be. I understand that even the cost of the electric needed to use it, is more than I will get out f it, but it is nothing something I will be doing long. Like I said, kinda just want the experience.
Thank you all in advance.

I have 10 of them kicking around.  Personally, I still can't believe that they are still selling, and/or that people are still buying them.  I get that you want the experience, but even with all 10 hooked up, I doubt you'd see much of anything out of them.

Where are you located roughly?

Well I have nothing to lose but time honestly. I don't pay for electric, so I don't have to worry about that. Also I'm a bit of a show off, my sister thinks all of this is a huge scam. She doesn't get that putting your computer to work can generate something that equates to money. If I can get her on board the cryptocurrency train I'd feel pretty accomplished and maybe convince her to throw down some money with me to get a real miner.
I'm in NY a little outside of Poughkeepsie.

If you really want to convince her, you need some real ASIC that can go at least 1 TH/s. If not your profit will be so small that no body cares..

It is more likely to never get your investment back with the ASIC IMO.
It probably will reinforce her "idea" that bitcoin is a scam. :(

Agree, so don't using mining to convince her. Use investing instead :)


Title: Re: USB Miners
Post by: Dannie on July 08, 2014, 01:03:05 PM
I've heard that USB miners aren't really useful for mining anymore but I really want to experience what mining is like, even if I'm not really getting anything more than a few satoshis. With them being pretty outdated I was wondering if anyone had one or two left over from when they actually were useful, that would be willing to send them to me. I could probably pay for shipping if need be. I understand that even the cost of the electric needed to use it, is more than I will get out f it, but it is nothing something I will be doing long. Like I said, kinda just want the experience.
Thank you all in advance.

I have 10 of them kicking around.  Personally, I still can't believe that they are still selling, and/or that people are still buying them.  I get that you want the experience, but even with all 10 hooked up, I doubt you'd see much of anything out of them.

Where are you located roughly?

Well I have nothing to lose but time honestly. I don't pay for electric, so I don't have to worry about that. Also I'm a bit of a show off, my sister thinks all of this is a huge scam. She doesn't get that putting your computer to work can generate something that equates to money. If I can get her on board the cryptocurrency train I'd feel pretty accomplished and maybe convince her to throw down some money with me to get a real miner.
I'm in NY a little outside of Poughkeepsie.

If you really want to convince her, you need some real ASIC that can go at least 1 TH/s. If not your profit will be so small that no body cares..

It is more likely to never get your investment back with the ASIC IMO.
It probably will reinforce her "idea" that bitcoin is a scam. :(

Agree, so don't using mining to convince her. Use investing instead :)

Or you can show her the superiority of bitcoin, by showing her you can receive or send a payment to someone on the other side of the globe instantly, easily, with a very low fee. :)


Title: Re: USB Miners
Post by: zee11224 on July 08, 2014, 01:53:36 PM
If you look on Ebay you will find lots of block erupters for cheap.  It is more of for fun on most usb miners don't expect ROI. 

Hmm sir can we mine altcoins with ERUPTERS i serached on google but they say that you cannot mine altcoins only bitcoin .. so is there any way that i can mine altcoins can we hack it :D ?


Title: Re: USB Miners
Post by: ranochigo on July 08, 2014, 01:55:46 PM
If you look on Ebay you will find lots of block erupters for cheap.  It is more of for fun on most usb miners don't expect ROI. 

Hmm sir can we mine altcoins with ERUPTERS i serached on google but they say that you cannot mine altcoins only bitcoin .. so is there any way that i can mine altcoins can we hack it :D ?
Buy a scrypt USB miner and there you go. You can mine other SHA256D alt coins too, althouh highly unlikely to make profits.


Title: Re: USB Miners
Post by: notlist3d on July 08, 2014, 02:00:15 PM
If you look on Ebay you will find lots of block erupters for cheap.  It is more of for fun on most usb miners don't expect ROI. 

Hmm sir can we mine altcoins with ERUPTERS i serached on google but they say that you cannot mine altcoins only bitcoin .. so is there any way that i can mine altcoins can we hack it :D ?
No you cannot.  There is a dual miner i believed it was called that is close design.  But again with this chances of ROI are very slim its more of a project piece.


Title: Re: USB Miners
Post by: chynnc on July 08, 2014, 02:17:44 PM
I've heard that USB miners aren't really useful for mining anymore but I really want to experience what mining is like, even if I'm not really getting anything more than a few satoshis. With them being pretty outdated I was wondering if anyone had one or two left over from when they actually were useful, that would be willing to send them to me. I could probably pay for shipping if need be. I understand that even the cost of the electric needed to use it, is more than I will get out f it, but it is nothing something I will be doing long. Like I said, kinda just want the experience.
Thank you all in advance.

I have 10 of them kicking around.  Personally, I still can't believe that they are still selling, and/or that people are still buying them.  I get that you want the experience, but even with all 10 hooked up, I doubt you'd see much of anything out of them.

Where are you located roughly?

Well I have nothing to lose but time honestly. I don't pay for electric, so I don't have to worry about that. Also I'm a bit of a show off, my sister thinks all of this is a huge scam. She doesn't get that putting your computer to work can generate something that equates to money. If I can get her on board the cryptocurrency train I'd feel pretty accomplished and maybe convince her to throw down some money with me to get a real miner.
I'm in NY a little outside of Poughkeepsie.

If you really want to convince her, you need some real ASIC that can go at least 1 TH/s. If not your profit will be so small that no body cares..

Well then, if anyone has something nicer than usb that they're willing to give, I'd take that too x3


Title: Re: USB Miners
Post by: gondel on July 08, 2014, 02:27:25 PM
Sorry for the question, but is it possible to mine some altcoin and new poped coins with these usb miners?


Title: Re: USB Miners
Post by: Eric2013 on July 08, 2014, 02:34:22 PM
to conclude, all miners are completely waste of money for guys like u.


Title: Re: USB Miners
Post by: 300 on July 08, 2014, 02:37:45 PM
Sorry for the question, but is it possible to mine some altcoin and new poped coins with these usb miners?

Are you asking whether it's possible to mine altcoins with a USB miner?

If so, then yes. But only if the altcoin is SHA-256-based. Peercoin and Namecoin are both SHA-256 coins, as well as a few others. So these could be mined with a USB miner. But most altcoins such as Litecoin and Dogecoin are Scrypt-based. So you won't be able to mine these coins with them.


Title: Re: USB Miners
Post by: ranochigo on July 08, 2014, 02:38:04 PM
Sorry for the question, but is it possible to mine some altcoin and new poped coins with these usb miners?
Depending on the type of algorithm used for that crypto. You can use Bitcoin Usb miners for Sha256 coins and Litecoin USB miner for scrypt alt coins. You might still not be able to ROI though.


Title: Re: USB Miners
Post by: 300 on July 08, 2014, 02:39:47 PM
Sorry for the question, but is it possible to mine some altcoin and new poped coins with these usb miners?
Depending on the type of algorithm used for that crypto. You can use Bitcoin Usb miners for Sha256 coins and Litecoin USB miner for scrypt alt coins. You might still not be able to ROI though.

Interesting. I didn't know they had scrypt USB miners. I thought all USB miners were SHA-based.


Title: Re: USB Miners
Post by: ranochigo on July 08, 2014, 02:55:32 PM
Sorry for the question, but is it possible to mine some altcoin and new poped coins with these usb miners?
Depending on the type of algorithm used for that crypto. You can use Bitcoin Usb miners for Sha256 coins and Litecoin USB miner for scrypt alt coins. You might still not be able to ROI though.

Interesting. I didn't know they had scrypt USB miners. I thought all USB miners were SHA-based.
Yup, they were out long ago. Slow speeds, but still low powercost. http://www.cryptocoinsnews.com/news/dualminer-sha-256-scrypt-usb-miner/2014/02/26


Title: Re: USB Miners
Post by: IamCANADIAN013 on July 09, 2014, 12:19:04 AM
I've heard that USB miners aren't really useful for mining anymore but I really want to experience what mining is like, even if I'm not really getting anything more than a few satoshis. With them being pretty outdated I was wondering if anyone had one or two left over from when they actually were useful, that would be willing to send them to me. I could probably pay for shipping if need be. I understand that even the cost of the electric needed to use it, is more than I will get out f it, but it is nothing something I will be doing long. Like I said, kinda just want the experience.
Thank you all in advance.

I have 10 of them kicking around.  Personally, I still can't believe that they are still selling, and/or that people are still buying them.  I get that you want the experience, but even with all 10 hooked up, I doubt you'd see much of anything out of them.

Where are you located roughly?

Well I have nothing to lose but time honestly. I don't pay for electric, so I don't have to worry about that. Also I'm a bit of a show off, my sister thinks all of this is a huge scam. She doesn't get that putting your computer to work can generate something that equates to money. If I can get her on board the cryptocurrency train I'd feel pretty accomplished and maybe convince her to throw down some money with me to get a real miner.
I'm in NY a little outside of Poughkeepsie.

I'd send you a few if you were closer, cross country and cross border can get expensive for shipping though.  Try craigslist or kijiji if you have it in your area.  I did a Craigslist search for your area, came up with Hudson Valley.  Looks a ways down the road though, but I see antminer u1's and u2's for around $20 bucks.

This is the search I did: http://hudsonvalley.craigslist.org/search/sss?sort=priceasc&query=Bitcoin%20miner (http://hudsonvalley.craigslist.org/search/sss?sort=priceasc&query=Bitcoin%20miner)

I'm sure there are ones closer than the ones I found, you know the area better than I would.  Ebay might be an option as well.  I see some going for cheap on there, might even be able to pick up local.

Good luck.


Title: Re: USB Miners
Post by: wannaBaMiner on July 09, 2014, 12:27:16 AM
I've heard that USB miners aren't really useful for mining anymore but I really want to experience what mining is like, even if I'm not really getting anything more than a few satoshis. With them being pretty outdated I was wondering if anyone had one or two left over from when they actually were useful, that would be willing to send them to me. I could probably pay for shipping if need be. I understand that even the cost of the electric needed to use it, is more than I will get out f it, but it is nothing something I will be doing long. Like I said, kinda just want the experience.
Thank you all in advance.

I have 10 of them kicking around.  Personally, I still can't believe that they are still selling, and/or that people are still buying them.  I get that you want the experience, but even with all 10 hooked up, I doubt you'd see much of anything out of them.

Where are you located roughly?

Well I have nothing to lose but time honestly. I don't pay for electric, so I don't have to worry about that. Also I'm a bit of a show off, my sister thinks all of this is a huge scam. She doesn't get that putting your computer to work can generate something that equates to money. If I can get her on board the cryptocurrency train I'd feel pretty accomplished and maybe convince her to throw down some money with me to get a real miner.
I'm in NY a little outside of Poughkeepsie.



I'd send you a few if you were closer, cross country and cross border can get expensive for shipping though.  Try craigslist or kijiji if you have it in your area.  I did a Craigslist search for your area, came up with Hudson Valley.  Looks a ways down the road though, but I see antminer u1's and u2's for around $20 bucks.

This is the search I did: http://hudsonvalley.craigslist.org/search/sss?sort=priceasc&query=Bitcoin%20miner (http://hudsonvalley.craigslist.org/search/sss?sort=priceasc&query=Bitcoin%20miner)

I'm sure there are ones closer than the ones I found, you know the area better than I would.  Ebay might be an option as well.  I see some going for cheap on there, might even be able to pick up local.

Good luck.

Watch the shipping costs. I got burned awhile a go and ended up paying double what the unit cost just for the shipping.


Title: Re: USB Miners
Post by: zhinkk on July 09, 2014, 12:45:13 AM
I think it's interesting that you want to spend money just to experience mining. I think it's kind of good. But why buy a USB miner. If you don't want to "earn" anything and just "experience" mining, why not just GPU/CPU mine? It would do the same thing, giving you first hand experience of mining and not earning any money.


Title: Re: USB Miners
Post by: IamCANADIAN013 on July 09, 2014, 12:47:02 AM
I've heard that USB miners aren't really useful for mining anymore but I really want to experience what mining is like, even if I'm not really getting anything more than a few satoshis. With them being pretty outdated I was wondering if anyone had one or two left over from when they actually were useful, that would be willing to send them to me. I could probably pay for shipping if need be. I understand that even the cost of the electric needed to use it, is more than I will get out f it, but it is nothing something I will be doing long. Like I said, kinda just want the experience.
Thank you all in advance.

I have 10 of them kicking around.  Personally, I still can't believe that they are still selling, and/or that people are still buying them.  I get that you want the experience, but even with all 10 hooked up, I doubt you'd see much of anything out of them.

Where are you located roughly?

Well I have nothing to lose but time honestly. I don't pay for electric, so I don't have to worry about that. Also I'm a bit of a show off, my sister thinks all of this is a huge scam. She doesn't get that putting your computer to work can generate something that equates to money. If I can get her on board the cryptocurrency train I'd feel pretty accomplished and maybe convince her to throw down some money with me to get a real miner.
I'm in NY a little outside of Poughkeepsie.



I'd send you a few if you were closer, cross country and cross border can get expensive for shipping though.  Try craigslist or kijiji if you have it in your area.  I did a Craigslist search for your area, came up with Hudson Valley.  Looks a ways down the road though, but I see antminer u1's and u2's for around $20 bucks.

This is the search I did: http://hudsonvalley.craigslist.org/search/sss?sort=priceasc&query=Bitcoin%20miner (http://hudsonvalley.craigslist.org/search/sss?sort=priceasc&query=Bitcoin%20miner)

I'm sure there are ones closer than the ones I found, you know the area better than I would.  Ebay might be an option as well.  I see some going for cheap on there, might even be able to pick up local.

Good luck.

Watch the shipping costs. I got burned awhile a go and ended up paying double what the unit cost just for the shipping.

Good advice, I got burned on shipping costs on Ebay a few years back.  That's why I mentioned the part about picking up local.  I contacted a seller near where I am for an antminer S1. I was able to pick it up only a 30 minute drive away, he even dropped the price a few bucks since he didn't have to go through the the shipping steps and he also didn't have to pay ebay fee's

I think it's interesting that you want to spend money just to experience mining. I think it's kind of good. But why buy a USB miner. If you don't want to "earn" anything and just "experience" mining, why not just GPU/CPU mine? It would do the same thing, giving you first hand experience of mining and not earning any money.

That's what I did to get started, I saw results, although very small. Went out and bought the USB miners.


Title: Re: USB Miners
Post by: bitcoincal on July 09, 2014, 12:52:51 AM
When people say the USB miners are not profitable is that under the estimation that 1BTC will always be around 500 USD?

What if 1BTC = 10,000 or 50,000 a few years from now?


Title: Re: USB Miners
Post by: IamCANADIAN013 on July 09, 2014, 01:37:12 AM
When people say the USB miners are not profitable is that under the estimation that 1BTC will always be around 500 USD?

What if 1BTC = 10,000 or 50,000 a few years from now?

Problem with most of the miners is that they cost more in electricity than you get in return.  then there is the cost of the miner.  Better off just taking the money you'll invest on USB miners and using it to buy bitcoin.

Whats a better return?  Buying a usb stick for $20 bucks or $20 dollars worth of bitcoin?


Title: Re: USB Miners
Post by: techlover on July 09, 2014, 06:17:26 AM
You can try your luck by mining BTC by solo, if you get one block, would be great


Title: Re: USB Miners
Post by: 300 on July 09, 2014, 07:32:29 AM
You can try your luck by mining BTC by solo, if you get one block, would be great

That would be great. A block is 25 BTC plus transaction fees. That's about $15,000 worth of BTC. A USB miner costs what? $20? If you manage to turn 20 dollars into 15,000 dollars then you'd be the luckiest person in the world.

Unfortunately however, you're chances of solving a block with a USB miner would also be correspondingly miniscule. In fact, even if you run it 24/7, it isn't likely to happen for many, many years. :( Still, it might be worth a shot since the alternative would be joining a pool and getting only a couple of satoshis per day. You might even run into the negative profit-wise considering electricity costs. If you do decide to solo mine with a USB miner, then think of it as a lottery and by running the miner, you are buying lottery tickets.


Title: Re: USB Miners
Post by: gondel on July 09, 2014, 07:48:40 AM
You can try your luck by mining BTC by solo, if you get one block, would be great
This is already history mate :D
You cannot mine solo for BTC never ever again.
BR
Gondel


Title: Re: USB Miners
Post by: Dannie on July 09, 2014, 10:09:43 AM
When people say the USB miners are not profitable is that under the estimation that 1BTC will always be around 500 USD?

What if 1BTC = 10,000 or 50,000 a few years from now?

If you expect bitcoin price to go 100 times higher and you want to maximize your profit, you shouldn't buy a miner but buy bitcoin directly now as it would give you more bitcoin. :)


Title: Re: USB Miners
Post by: shogdite on July 09, 2014, 10:15:58 AM
Mining btc with USB's is great for a hobby but it makes no financial sense when you can earn more just posting on here with a sig campaign.

Could be more profitable to mine an alt currency, just try and avoid the plethora of shitcoins.


Title: Re: USB Miners
Post by: ranochigo on July 09, 2014, 11:06:30 AM
You can try your luck by mining BTC by solo, if you get one block, would be great
The time taken to generate a block by solo mining using a block eurpter can be a few hundred years. By the time, your money cannot cover the time, effort and money used to generate it.


Title: Re: USB Miners
Post by: chynnc on July 09, 2014, 01:38:58 PM
I've heard that USB miners aren't really useful for mining anymore but I really want to experience what mining is like, even if I'm not really getting anything more than a few satoshis. With them being pretty outdated I was wondering if anyone had one or two left over from when they actually were useful, that would be willing to send them to me. I could probably pay for shipping if need be. I understand that even the cost of the electric needed to use it, is more than I will get out f it, but it is nothing something I will be doing long. Like I said, kinda just want the experience.
Thank you all in advance.

I have 10 of them kicking around.  Personally, I still can't believe that they are still selling, and/or that people are still buying them.  I get that you want the experience, but even with all 10 hooked up, I doubt you'd see much of anything out of them.

Where are you located roughly?

Well I have nothing to lose but time honestly. I don't pay for electric, so I don't have to worry about that. Also I'm a bit of a show off, my sister thinks all of this is a huge scam. She doesn't get that putting your computer to work can generate something that equates to money. If I can get her on board the cryptocurrency train I'd feel pretty accomplished and maybe convince her to throw down some money with me to get a real miner.
I'm in NY a little outside of Poughkeepsie.

I'd send you a few if you were closer, cross country and cross border can get expensive for shipping though.  Try craigslist or kijiji if you have it in your area.  I did a Craigslist search for your area, came up with Hudson Valley.  Looks a ways down the road though, but I see antminer u1's and u2's for around $20 bucks.

This is the search I did: http://hudsonvalley.craigslist.org/search/sss?sort=priceasc&query=Bitcoin%20miner (http://hudsonvalley.craigslist.org/search/sss?sort=priceasc&query=Bitcoin%20miner)

I'm sure there are ones closer than the ones I found, you know the area better than I would.  Ebay might be an option as well.  I see some going for cheap on there, might even be able to pick up local.

Good luck.

I never even thought to look on craigslist!! Thanks much.


Title: Re: USB Miners
Post by: TheJohn on July 09, 2014, 01:46:30 PM
You can try your luck by mining BTC by solo, if you get one block, would be great

Please don't do that, its as good as gambling.


Title: Re: USB Miners
Post by: Benjig on July 09, 2014, 06:03:21 PM
When people say the USB miners are not profitable is that under the estimation that 1BTC will always be around 500 USD?

What if 1BTC = 10,000 or 50,000 a few years from now?

If you expect bitcoin price to go 100 times higher and you want to maximize your profit, you shouldn't buy a miner but buy bitcoin directly now as it would give you more bitcoin. :)

Exactly, buying usb miners is stupid in any way you wanna see it, making back the roi is hard at this days.


Title: Re: USB Miners
Post by: TheJohn on July 10, 2014, 01:08:35 AM
When people say the USB miners are not profitable is that under the estimation that 1BTC will always be around 500 USD?

What if 1BTC = 10,000 or 50,000 a few years from now?

If you expect bitcoin price to go 100 times higher and you want to maximize your profit, you shouldn't buy a miner but buy bitcoin directly now as it would give you more bitcoin. :)

Exactly, buying usb miners is stupid in any way you wanna see it, making back the roi is hard at this days.

Agree, you will get much more bitcoin selling the USB miners and buying BTC directly.


Title: Re: USB Miners
Post by: notlist3d on July 10, 2014, 04:18:28 AM
You can try your luck by mining BTC by solo, if you get one block, would be great

Please don't do that, its as good as gambling.

You could do this but it would be like going out buying a lottery ticket.


Title: Re: USB Miners
Post by: IamCANADIAN013 on July 10, 2014, 04:45:48 AM
When people say the USB miners are not profitable is that under the estimation that 1BTC will always be around 500 USD?

What if 1BTC = 10,000 or 50,000 a few years from now?

If you expect bitcoin price to go 100 times higher and you want to maximize your profit, you shouldn't buy a miner but buy bitcoin directly now as it would give you more bitcoin. :)

Exactly, buying usb miners is stupid in any way you wanna see it, making back the roi is hard at this days.

Not everything in life is based on a roi, some people just want to be able try it out and to know that they are able to do it.  Most hobbies generally don't make a person money.  If a person can find a couple for a few bucks, whats the harm? 

Most people waste more than that daily on stupid crap.


Title: Re: USB Miners
Post by: Dannie on July 10, 2014, 06:28:09 AM
When people say the USB miners are not profitable is that under the estimation that 1BTC will always be around 500 USD?

What if 1BTC = 10,000 or 50,000 a few years from now?

If you expect bitcoin price to go 100 times higher and you want to maximize your profit, you shouldn't buy a miner but buy bitcoin directly now as it would give you more bitcoin. :)

Exactly, buying usb miners is stupid in any way you wanna see it, making back the roi is hard at this days.

Not everything in life is based on a roi, some people just want to be able try it out and to know that they are able to do it.  Most hobbies generally don't make a person money.  If a person can find a couple for a few bucks, whats the harm? 

Most people waste more than that daily on stupid crap.

True, and so I used "and you want to maximize your profit" in my post.
If you are mining for fun, who cares about ROI :D


Title: Re: USB Miners
Post by: TheDragonSlayer on July 10, 2014, 10:11:27 AM
When people say the USB miners are not profitable is that under the estimation that 1BTC will always be around 500 USD?

What if 1BTC = 10,000 or 50,000 a few years from now?

If you expect bitcoin price to go 100 times higher and you want to maximize your profit, you shouldn't buy a miner but buy bitcoin directly now as it would give you more bitcoin. :)

Exactly, buying usb miners is stupid in any way you wanna see it, making back the roi is hard at this days.

Not everything in life is based on a roi, some people just want to be able try it out and to know that they are able to do it.  Most hobbies generally don't make a person money.  If a person can find a couple for a few bucks, whats the harm? 

Most people waste more than that daily on stupid crap.

True, and so I used "and you want to maximize your profit" in my post.
If you are mining for fun, who cares about ROI :D

Is ok to buy 1 just for fun, but please don't buy any more as it is a waste of money.


Title: Re: USB Miners
Post by: rezachkata on July 10, 2014, 02:54:41 PM
Hey peeps,

there was this test by a few journalists from a magazine in Germany, who managed to buy a few different ASIC miners including a usb miner. So they tried the miners for a month or so and summarized their earnings. The funny thing is that only the usb miners gave ROI, even a bit of profit.

Bear in mind that the article is from late 2013 and the btc difficulty has increased exponentially since then, which means that there is pretty much no chance of ROI, not to speak about any profit what so ever.

If somebody is interested I could tell you the article and the magazine, just answer to this thread.


Title: Re: USB Miners
Post by: Triffin on July 10, 2014, 03:26:36 PM
Do these USB miners generate a 'bothersome' amount of noise and heat ??
Would you want them located next to you on your desk all day or in another room ??

Triff ..


Title: Re: USB Miners
Post by: rezachkata on July 10, 2014, 06:43:21 PM
Mitgeschürft
Spezialhardware fürs Bitcoin-Mining
Einmal investieren, fortan Geld im Schlaf verdienen: Das BitcoinPrinzip
klingt zu schön, um wahr zu sein. Wii· haben einige der
Goldgräber-Maschinen im c't-Labor schürfen lassen und gezählt,
wie viele Nuggets nach einem Monat im Sieb gelandet sind.
Mal eben ein paar Bitcoins berechnen -
viel mehr hatten wir uns nicht vorgenommen.
Der Büro-PC sollte nach Feierabend
Krypto-Rätsel lösen, um virtuelles
Geld in die ebenso virtuelle Kasse zu spülen.
Kann ja so schwer nicht sein. Eine Fehleinschätzung,
wie. sich schnell herausstellte.
Denn ein Jahr zuvor haben potente Spezialchips
das sogenannte Mining revolutioniert.
Sie sind CPUs und Grafikkarten (GPUs) sowohl
in puncto Effizienz als auch Performance
haushoch überlegen. Da der Schürf-
aufwand von der weltweit im Bitcoin-Netz
verfügbaren Rechenleistung abhängt, kann
man ohne Spezial-Hardware inzwischen
kaum noch einen Blumentopf gewinnen; ge-
. schweige denn Bitcoins.
Um doch noch an selbstgeschürfte Krypta-
Nuggets zu kommen, haben wir MiningHardware
von klein bis mittelgroß zusammengetragen
und den ganzen Oktober für
uns ackern lassen. Das kleinste und günstigste
Gerät im Testfeld kostet gerade einmal
14 Euro: Der Block Erupter im USB-Stick-Format
frisst nur rund zwei Watt . und schafft
etwa 330 Millionen Hash-Operationen Megahashes
pro Sekunde (MHash/s) - mehr als die
meisten Grafikkarten. Sein Geheimnis ist ein
ASIC (Application Specific lntegrated Circu jt).
Solche Spezialchips können nur eines, das
aber in atemberaubender Geschwindigkeit;
in diesem Fall SHA-256-Hashes berechnen.
Mehr als die 16-fache Rechenleistung
(5,5 GigaHashes/Sekunde oder auch GHash/s)
bietet der würfelförmige Bitcoin-Miner Jalapeno
von Butterfly Labs, verheizt aber auch
30 Watt. Für Neugeräte verlangt der Hersteller
bei Direktbestellung in den USA rund
300 US-Dollar. Zudem werden Zoll und Einführumsatzsteuer
fällig. Die Lieferzeiten sind
allerdings extrem lang: Anfang November
war Butterfly Labs noch mit den April-Bestellungen
beschäftigt. Wir haben das Testgerät
daher bei eBay geschossen, wo der Kurs für
Gebrauchtware bei Redaktionsschluss etwa
250 Euro betrug.
Darüber hinaus schickten wir zum Vergleich
noch einen mit zwei modernen Grafikkarten
bestückten Windows-PC ins Rennen.
Die Duai-GPU-Karte Radeon HD7990 und die
HD7970 (Single-GPU) bringen es gemeinsam
immerhin auf 1,7 GigaHashes pro Sekunde
(GHash/s)- allerdings zu einem hohen Preis.

Allein die Grafikkarten schlagen zusammen
mit rund 1000 Euro zu Buche und der Stromverbrauch
ist gegenüber den ASICs um ein
Vielfaches höher: Der Testaufbau schluckt
inklusive PC fast 800 Watt.
Nachdem sich die Testsysteme schon zwei
Wochen in unserem Labor warmgelaufen
hatten, erreichte uns ein noch größeres ASICGerät
von Butterfly Labs. Es schürft mit
30 GHash/s und ist damit mit Abstand das
schnellste System im Testfeld. Es wird mit
etwa 800 Euro gehandelt.
Bitcoin-Lotto mit System
Beim Bitcoin-Mining spielt der Zufall eine
große Rolle. Der Erste, der nachvollziehbar
einen Hash mit bestimmten Eigenschaften
findet, bekommt derzeit 25 Bitcoins - also
rund 4100 Euro..:.. zugesprochen. Die von den
Minern beigesteuerte Rechenleistung treibt
das Zahlungssystem Bitcoin an, die abfallenden
Krypta-Nuggets sind ihr Lohn.
Wie beim Lotto ist die Chance auf den
Jackpot für den einzelnen Teilnehmer ziemlich
gering. Einigermaßen regelmäßige Gewinne
erzielt man nur im Team, in sogenannten
Mining Pools. Der Pool teilt die HashingAufgaben
unter den Teilnehmern auf und
dementsprechend im Erfolgsfall auch die Bitcoins.
Je mehr Hash-Operationen man anteilig
beigesteuert hat, desto mehr fällt vom Gewinn
ab. ln der Regel kassiert auch der PoolBetreiber
einen Anteil. Wir haben unsere vier
Mining-Systeme in verschiedene Pools getaucht,
die unterschiedliche Auszahlungsmodelle
anbieten (siehe Kasten auf Seite 144).
Eine Übersicht der Pools und der jeweiligen
Konditionen finden Sie unter dem c't-Link.
Auf die Plätze ...
Mining-Tools wie cgminer und BFGMiner
holen die Arbeitsaufträge vom Pool ab und
füttern die Mining-Hardware. Beide stehen
unter Open-Source-Lizenz und laufen unter
Linux, Windows und Mac OS X. Viel Rechenleistung
erfordern sie nicht; um die MiningGeräte
per USB mit Arbeit zu versorgen, genügt
der 40 Euro teure Einplatinenrechner
Raspberry Pi. Dieser produziert kaum Abwär-
. me und schluckt nur knapp 2 Watt. Für einen
schnellen Start mit dem Raspberry greift man
am besten zur vorkonfigurierten Linux-Distribution
MinePeon (siehe c't-Link), die auf eine

SD-Karte mit 2 GByte passt. Lediglich die Zugangsdaten
für den Mining-Pool muss man
selbst eintragen.
MinePeon spannt automatisch alle verfügbaren
USB-Miner in das Bitcoin-Schürfen ein
und lässt sich komfortabel über ein WebInterface
administrieren. Standardmäßig
zwackt die Distribution etwas Rechenleistung
als Spende für den Entwickler ab. Wer das
Projekt nicht auf diese Weise unterstützen
möchte, kann dies in den Einstellungen auch
abschalten - wird. dann aber von MinePeon
als "Kitten killer'' begrüßt.
Der USB-Stick Block Erupter mit 330
MHash/s verbraucht im Gespann mit dem
Raspberry 4,8 Watt, liefert also rund 70 MegaHashes
pro Watt. Der Stick erhielt seine Aufträge
von BTC Guild, dem derzeit leistungsstärksten
Mining-Pool im Bitcoin-Netz. Tatsächlich
stieg das Guthaben nach dem Startschuss
kontinuierlich an und es wurde bald
zum alltäglichen Ritual, den Kontostand zu
überprüfen. Allerdings zeichnete sich schnell
ab, dass mit dem dort erschürften BitcoinKieingeld
in absehbarer Zeit keine großen
Sprünge möglich werden. Nach über einem
Monat waren gerade einmal 0,02309273 Bitcoin
(BTC) zusammengekommen. Anfang
November 2013 entsprash das umgerechnet
rund 3,80 Euro - bei Stromkosten in Höhe
von einem Euro.
Höher, schneller, reicher
Effizienter schürft ·es sich mit mehr Rechenleistung.
So ergibt ein Zehnfach-USB-Hub mit
neun Mining-Sticks schon ein kleines Rig. An
den zehnten Port würde man einen USB-Ventilator
stecken, der für etwas Durchzug sorgt;
unser Einzelstick erreichte im Dauerbetrieb
über 90 oc. Das Mining-Rig wäre ungefähr
doppelt so effizient wie der Einzelbetrieb (ca.
130 MHash/Watt), weil der Strom für den ansteuernden
Rechner nur einmal anfiele.
Der schwarze Mining-Würfel Jalapeno von
Butterfly Labs holt noch mehr heraus: rund
Bitcoin-Mining-Hardware
Prüfstand I Bitcoin-Mining
Mining-Hardware
von klein bis groß:
der Block Erupter von
ASCIMiner sowie der
Jalapeno und der Little
Single 30 vo,n Butterfly Labs
170 MHash pro Watt. Wir haben ihn an
Slush's Pool angeschlossen, dessen Betreiber
das Konzept des gemeinschaftlichen Schürfens
vor drei Jahren erfunden hat. Zunächst
machte sich Skepsis breit: Während wir bei
BTC Guild laufend mit Kleinstbeträgen belohnt
wurden, tat sich bei Slush lange Zeit
nichts. Der Grund hierfür ist, dass Slush das
Auszahlungsmodell "Pay Per Share (PPS)"
nutzt und erst ausschüttet, nachdem tatsächlich
ein neuer B'lock gefunden wurde. Einige
Stunden und nur wenige Auszahlungen
später legten sich unsere Zweifel allerdingsschließlich
zählt einzig und allein, was am
Ende herauskommt. Nach vier Wochen
waren das immerhin rund 0,34 BTC; etwa
56 Euro. Ungefähr 6,40 Euro gingen allerdings
an den Stromversarger des Heise-Ver-·
lags.
Unser GPU-System hat im BitMinter-Pool
knapp 0,10 BTC eingefahren. Umgerechnet
sind das etwas über 16 Euro vor Abzug der
Stromkosten - diese haben es allerdings in
sich: Das System frisst bei 1,7 GHash/s stolze

800 Watt, was während des vierwöchigen
Messzeitraums zu Stromkosten in Höhe von
160 Euro geführt hat. Die Effizienz beträgt gerade
einmal zwei MHash/s pro Watt.
Aber wir hatten ja mit dem "Little Single"
noch ein Ass im Ärmel, der im Testfeld das
andere Ende der Effizienzskala darstellen
sollte. Der große Bruder des Butterfly-Würfels
ist so groß wie eine Packung Toastbrot und
schafft stolze 30 GigaHashes pro Sekunde.
Das Gerät gesellte sich zwar erst zur Monatsmitte
zu den anderen Minern ins Testlabor,
konnte diese aber noch mühelos einholen.
Der Little Single hat in zwei Wochen 0,52 BTC
verdient, was über 85 Euro entspricht. ln der

Zeit sind uns etwa 12 Euro Stromkosten entstanden.
Aus einem Watt holt der Little Single
230 MHash/s raus. Das Mining-Toastbrot
stand im Dienst des Eliguis-Pools, der als einziger
der getesteten Pools keine Registrierung
verlangt. Als Nutzername dient die Bitcoin-
Adresse, an welche die geschürften Bitcoins
überwiesen werden sollen. Das Passwort
bleibt leer.
Riskante Rechenspiele
Ermittelt man den Tagelohn und teilt dadurch
den Anschaffungspreis der Hardware,
ergibt das den Break-even-Point; also den

Zeitpunkt, an man die aufgebrachten Kosten
wieder reingeholt hat und Gewinne einfährt.
Bei unseren drei ASIC-Systemen ist das jeweils
nach rund 150 Tagen so weit. Diese
Rechnung setzt allerdings voraus, dass die
Konditionen die gleichen sind, die im Oktober
2013 herrschten- und das ist extrem unwahrscheinlich.
Eine zentrale Unbekannte ist der Schwierigkeitsgrad
(Difficulty), der sich an der global
verfügbaren Rechenleistung orientiert. Je
mehr Leistung dem Bitcoin-Netz zur Verfügung
steht, desto größer ist der Rechenaufwand,
um einen Bitcoin-Biock zu knacken
(siehe Seite 146). Die Difficulty hat sich im
Jahr 2013 durch die Verfügbarkeit immer
leistungsfähigerer FPGA- und kurz darauf
ASIC-Hardware mehr als verhundertfacht
Der Schwierigkeitsgrad ist exponentiell gestiegen
- und Prognosen zufolge geht das
auch so weiter. Wer einen Blick in die Glaskugel
werfen möchte, kann mit den Eckdaten
der Miner auf der Webseite BitReturn.com
eiQige Varianten durchspielen. Setzt sich das
exponentielle Wachstum fort, erreichen die
von uns getesteten Geräte schon bald den
Zeitpunkt, ab dem sie mehr Strom verbrauchen,
als sie an Bitcoins einfahren. Dieser
Zeitpunkt liegt voraussichtlich vor dem
Break-even-Point. Kurzum: Keiner unserer
Miner hätte noch die Chance, seine Anschaffungskosten
wieder einzuspielen.
Will man einen Gewinn einfahren, muss
man die Spezialhardware rechtzeitig weiter-

verkaufen- und darauf spekulieren, dass der
zwischenzeitlich erschürfte Betrag die Differenz
zwischen Kaufpreis und Wiederverkaufspreis
(abzüglich Stromkosten) übertrifft.
Ein weiterer Risikofaktor ist der Bitcoin-Kurs.
Wie er sich entwickelt, ist nicht vorhersehbar.
Währet1d unseres Testmonats schnellte er
von unter 100 Euro pro Bitcoin auf über 160
hoch - so viel waren die digitalen Münzen
seit langem nicht mehr wert. Wenn Sie dieses
Heft in den Händen halten, hat sich der
Kurs vielleicht verdreifacht oder ist in den
Keller gefallen und kommt dort so schnell
nicht mehr raus.
Raue Sitten
Ebenfalls schwer kalkulierbar ist die Stabilität
der beteiligten Systeme. Der GAU wäre ein
Hardware-Defekt. Denn selbst wenn der Hersteller
die Kosten für die Reparatur übernimmt,
bedeutet der Versand ins Ausland
einen Verdienstausfall auf unbestimmte Zeit.
So stand der Besitzer des von ·uns getesteten
Little Single kurz davor, es zum Hersteller
Butterfly Labs in die USA zu schicken, da es
vermeintlich defekt war. Im c't-Labor konnten
wir das Gerät allerdings mit einem anderen
Netzteil wieder zum Leben erwecken.
Auch die Pools haben mit Ausfällen zu
kämpfen. Diese werden vor allem durch
Cyber-Angriffe verursacht. BTC Guild plagte
während des Tests etwa ein DDoS-Angriff,
der zu einem mehrstündigen Verdienstausfall
führte. Im Frühjahr gelang es Hackern
sogar, auf die Kundendatenbank von Slush's
Pool zuzugreifen.
Unser GPU-System wurde von zwei Pools
nacheinander nach kurzer Zeit nicht mehr
mit Krypta-Aufgaben versorgt, woraufhin wir
jeweils den Pool wechselten. Dadurch kam
die virtuelle Goldader zwischenzeitlich zum
Erliegen. Die Ursachen für den Ausschluss
konnten wir nicht ergründen ..

Zahltag
Um den Lohn für unsere Mühen in Empfang
zu nehmen, installierten wir den offiziellen
Bitcoin-Ciient (siehe c't-Link). Dieser generiert
auf Wunsch beliebig viele Bitcoin-Adressen,
mit denen man Zahlungen empfangen
kann. Damit sich die Auszahlung im Client
materialisiert, muss der Client zunächst einmalig
die globale Transaktionsliste, die sogenannte
Blockchain, aus dem Bitcoin-Netz
laden. Das dauert mehrere Stunden. Der
Client kontrolliert die Entwicklung der Blockehain
fortan und reagiert, wenn er Transaktionen
entdeckt, die zu den lokal generierten
Adressen passen.
Als wir die Auszahlung bei den vier von uns
genutzten Pools veranlassten, dauerte es nicht
lange, bis der Client den Geldeingang bekannt
gab. Ein zufriedenes Gefühl wollte sich nach
Abschluss aller Transaktionen dennoch nicht
einstellen. Ignoriert man einmal die Stromkosten,
die Hardware-Ausgaben und nimmt großzügig
die Bitcoin-Bröckchen hinzu, die vor und
nach der offiziellen Testphase eingetrudelt
sind, haben wir 1,46004791 BTC verdient -
nach dem letzten Stand entspricht das rund
250 Euro. Hart verdientes Geld.
Wer sich ' jetzt noch der Gemeinde der
Bitcoin-Schürfer anschließen will, der sollte
genau wissen, was er tut. Geld verdient man
nur, indem man frühzeitig auf potente Hardware
setzt und diese rechtzeitig an zahlungswillige
Glücksritter weiterverkauft. Die nächste
Runde im Wettrüsten ist längst e.ingeläutet:
So verspricht etwa der USB-Stick Blue
Fury bis zu 2,7 GHash/s für 150 US-Dollar und
auch Butterfly Labs macht den Schürfern
schon wieder den Mund wässrig. Die
"600 GH Bitcoin Mining Card" für 4680 USDollar
wird bereits angeboten -zur Vorbestellung.
Die Chips der neuen Miner sollen
mit 28 Nanometern. Strukturbreite gefertigt
werden und deutlich effizienter sein.

Zum Reinschnuppern in die Weit des digitalen
Gelds eignet sich auch eine Handvoll
gekaufter Krypta-Münzen ganz hervorragend.
Allein die Kursschwankungen sorgen
bereits für eine gesunde Dosis Nervenkitzel
- ganz ohne Hardware-Investitionen. Und
wer doch mal einige Eurocent errechnen will,
kann beherzt zu dem Block Erupter im
USB-Stick-Format greifen. Die investierten
14 Euro sieht man zwar nicht wieder, dafür
kann man jedoch behaupten, in den eigenen
vier Wänden echtes Geld hergestellt zu
haben.

--------------------------------------------------

Auszahlungsmodelle

Beim gemeinschaftlichen Bitcoin-Schürfen
in sogenannten Pools haben sich die Auszahlungsmodelle
"Pay Per Share" (PPS) und
"Pay Per Last N Shares" (PPLNS) etabliert.
Bei PPS teilt der Pool die Beute unmittelbar
nach dem Erlegen schlicht unter allen auf,
die Rechenleistung während der Jagd beigesteuert
haben. Je mehr Rechenleistung
der Einzelne beigetragen hat, desto mehr
Anteile (Shares) stehen ihm zu. Das ist
nichts für ungeduldige Zeitgenossen, da
man nicht absehen kann, wann der nächste
Bitcoin-Biock vom Pool erschürft wird. Der
Zeitraum, bis der Kontostand wieder einmal
wächst, kann Sekunden oder aber auch
Tage betragen. Auf die Höhe der Ausschüttung
hat die vergangene Zeit - und damit
auch die investierte Energie- keinen direkten
Einfluss.

Bei "Pay Per Last N Shares" (PPLNS) hingegen
gruppiert der Pool eine bestimmte Anzahl
von Anteilen zu Schichten. Wird ein Bitcoin-
Biock gefunden, teilt ihn der Pool zum
Beispiel unter den letzten zehn Schichten
auf. Das sorgt für einen steten Geldfluss -
selbst dann noch, wenn man schon eine
Weile nicht mehr am Mining teilnimmt.

-----------------------------------------------
ASICs: Unflexibel, aber schnell

Mit der Verfügbarkeit sogenannter Application
Specific lntegrated Circuits (ASCis)
wurde es urplötzlich unrentabel, mit handelsüblicher
PC-Hardware nach Bitcoins zu
schürfen. Während CPUs und GPUs flexibel
Instruktionen interpretieren, lösen ASICs
genau eine ganz bestimmte Aufgabe - das
aber in beachtlicher Geschwindigkeit. Die
Entwicklung der Spezial-Chips ist zwar kostenintensiv,
bei hohen Stückzahlen lohnt
der Aufwand jedoch, insbesondere weil sie
so viel schneller und effizienter sind. Butterfly
Labs setzt einen selbstentwickelten Bitcoin-
Mining-Cbip namens BitForce SC ein.
Er wird mit 65 Nanometern Strukturbreite
von dem Halbleiter-Hersteller GlobaiFoundries
gefertigt.
Bei einer Taktfrequenz von nominell 250
MHzsollen die 16 Engines der ASICs genau
4 GHash/s liefern und dabei 12,8 Watt verheizen.
Manche Chips sollen sogar bis zu
294 MHz schaffen, andere dafür weniger
funktionstüchtige Engines (mindestens
aber 12) haben. Butterfly Labs verkauft die
Chips auch an andere Hardware-Hersteller.
Insgesamt hat das Unternehmen die Stückzahl
auf 100 000 limitiert.
Die unter Open-Source-Lizenz stehenden
Schaltpläne der BitForce-Plattform offen-

baren ein paar interessante Details: So dienen
fast alle der 144 BGA-Kontakte des Mining-
Chips der Stromversorgung. Jeder
Chip hat eine 3-bittige Adresse und kommuniziert
über einen seriellen Bus mit
einem Atmei-Mikrocontroller. Darüber erhält
der Chip seine Aufgaben und meldet
über eine Statusleitung, wenn er fertig ist.
Ferner hat der Hersteller einen ARM-Prozesser
sowie ein LC-Display eingeplant;
vermutlich für einen Stand-alone-Betrieb.
Außerdem stießen wir auf mit "Chain out"
und "Chain in" beschriftete Anschlüsse,
durch die man die Miner offenbar in Reihe
schalten können soll.
Die Boards der von uns getesteten Butterfly-
Miner sind nur teilweise mit Chips bestückt.
Im Bauch des Jalapeno etwa rechnen
zwei BitForce SC, obwohl das Board acht
Pads hat. Man könnte mit derselben Platine
also auch 4-mal so schnelle Miner bauen.
Auch das Design des "Little Single"-Miner ist
auf Wiederverwertbarkeit getrimmt.ln dem
rechteckigen Aluminiumgehäuse ist alles
doppelt vorhanden, bestückt ist davon eine
Seite. Das legt den Schluss nahe, dass Butterfly
Labs die Chips bewusst dosiert, um
das Ansteigen der Difficulty auf mehrere
Etappen - und Hardware-Generationen -zu
verteilen.

Laut seiner Webseite liefert das Unternehmen
bereits die Pläne für eine 28-nm-Variante
an den Auftragsfertiger (Tape out).
Erste Chips soll es noch in diesem Jahr
geben. Sie sollen die Effizienz von 3,2 auf
0,6 Watt pro Gigahash und Sekunde verbessern.
Eine damit bestückte PCie-Karte soll
175 Watt in 300 GHash/s verwandeln und
2800 US-Dollar kosten.
--------------------------------------------------
These are the costs and earning/electricity stats:

https://i.imgur.com/CRbuu4L.png
======================================

Source: c't 18.11.2013, Heft 25

So for the peeps who don't speak german in short:

1. The image shows the stats after roughly 1 month of testing
2. There were needed around 150 days to reach the break-even point given the circumstances don't change dramatically (which is not to be expected)
3. The best performance showed the "Little Single"
4. You can calculate your possible ROI/winning here -> BitReturn.com

5. The usb miner "block errupter" wasn't any better than the other miners. (sorry guys, I had the wrong impression in my memory)

6. The usb miner became pretty hot after 2-3 weeks of usage
7. GPU-Mining was a big time waste of investment and electricity
8. Bottom line: if you want to make money you better make sure to get the miner on time
9. Mining is a worthy business only for specialized companies, not for single enthusiasts

I also have read somewhere that shipping of mining hardware is most of the time late because the manufacturers earn btcs with it a few weeks before shipping it to you.


Title: Re: USB Miners
Post by: rezachkata on July 10, 2014, 08:01:37 PM
that's brutal

and that was last year
now it's even harder to gain profit

we should seriously make a foundation that will build huge wind colectors for electricity, sell shares and put a  hell lot of miners there :D

while paying electricity..

nothing is worth it now :/

Well from energetic point of view, it takes more energy to manufacture a sun accumulating collector than it will ever deliver in its whole life ... kind of the same deal like miners :)


Title: Re: USB Miners
Post by: ThomasCrowne on July 10, 2014, 08:04:01 PM
Well there is not much to experience with, most of the usb miners (like that usb stick formats etc) are plug and play (just install drivers and done)
I've used like 20 from that usb sticks and 1 bigger one from 5ghs from butterfly labs.. It was a while ago so i made some money out of it, but since some months u get really nothing anymore out of it. (even if u pay nothing for the power it used, u would not get 1 bitcoin with over 8ghs over 1 year, 1 usb stick give u 0.33 ghs..

Ofc its nice to experience with but i think u can beter get some experience with the crypt/x11/x13 coins what u can make with ur CPU / GPU. Ofc if you want bitcoins at the end u can change ur coins for bitcoins. U will get much more out of it if you follow this website and get the right coins to mine.
Actually you can even pick up USB Bitfury based nano-miners now that can hash anywhere between 1.6GH-2.2GH on the cheap :)


Title: Re: USB Miners
Post by: rezachkata on July 10, 2014, 08:28:53 PM
that's brutal

and that was last year
now it's even harder to gain profit

we should seriously make a foundation that will build huge wind colectors for electricity, sell shares and put a  hell lot of miners there :D

while paying electricity..

nothing is worth it now :/

Well from energetic point of view, it takes more energy to manufacture a sun accumulating collector than it will ever deliver in its whole life ... kind of the same deal like miners :)

I'v never heard of that :D

I knew solar collectors where expensive, but not that expensive!

As I said manufacturing them costs more energy than they can produce, not that you won't brake even after buying them.


Title: Re: USB Miners
Post by: cech4204a on July 10, 2014, 08:48:18 PM
They are very slow, but they can be ok if you get them for fair price, which is really hard. Paying more than 1$ for a USB miner is waste of money. Note that you will need at least 100 of them to get some BTC out of it.



Title: Re: USB Miners
Post by: rezachkata on July 10, 2014, 08:51:58 PM
They are very slow, but they can be ok if you get them for fair price, which is really hard. Paying more than 1$ for a USB miner is waste of money. Note that you will need at least 100 of them to get some BTC out of it.



I am not familiar with those. What's the deal with cooling them and where do you plug 100 pieces? Some special device? How much does it cost?


Title: Re: USB Miners
Post by: cech4204a on July 10, 2014, 08:56:06 PM
They are very slow, but they can be ok if you get them for fair price, which is really hard. Paying more than 1$ for a USB miner is waste of money. Note that you will need at least 100 of them to get some BTC out of it.



I am not familiar with those. What's the deal with cooling them and where do you plug 100 pieces? Some special device? How much does it cost?

You need USB hub, where you can plug like 10 of those in at least and cooling is not big problem, since you can put Aluminum cooler on it, but you have to consider slow speed. On this difficulty you are getting less than 0.01$ per day out of one 330MH USB block erupter. Consider Buying Antminer rather, but be carefull with price. Make calculations first.


Title: Re: USB Miners
Post by: cech4204a on July 10, 2014, 08:57:21 PM
They are very slow, but they can be ok if you get them for fair price, which is really hard. Paying more than 1$ for a USB miner is waste of money. Note that you will need at least 100 of them to get some BTC out of it.



I am not familiar with those. What's the deal with cooling them and where do you plug 100 pieces? Some special device? How much does it cost?

he was a bit sarcastic,ironic, whatever :D

has anyone tought of actually putting your mines in a refrigerator?

would that be harmful?

No that would be ok solution, but your refrigerator will not be able to cooldown that amount of energy. They are simply not efficient enough for that job. Even 3 kw AC has problems with cooling down a decent rig.


Title: Re: USB Miners
Post by: rezachkata on July 10, 2014, 09:46:23 PM
Is there somebody on this thread who actually broke even and/or earned some profit which was worth mentioning be it from an ASIC miner, FPGA, GPU miner or some other gadget?


Title: Re: USB Miners
Post by: ranochigo on July 10, 2014, 10:22:38 PM
They are very slow, but they can be ok if you get them for fair price, which is really hard. Paying more than 1$ for a USB miner is waste of money. Note that you will need at least 100 of them to get some BTC out of it.



I am not familiar with those. What's the deal with cooling them and where do you plug 100 pieces? Some special device? How much does it cost?

he was a bit sarcastic,ironic, whatever :D

has anyone tought of actually putting your mines in a refrigerator?

would that be harmful?

No that would be ok solution, but your refrigerator will not be able to cooldown that amount of energy. They are simply not efficient enough for that job. Even 3 kw AC has problems with cooling down a decent rig.

daaamn, how about a freezer?
could the rigs keep the temperature above freezing :D
If you ever take it out, water vapour can and will condense on the ASICs, it can be damaged. I don't think ASICs can operate in such a temperature and your freezer will have a hard time keeping hthe temperature low and use a lot of electricity.


Title: Re: USB Miners
Post by: notlist3d on July 11, 2014, 12:44:27 AM
Hey peeps,

there was this test by a few journalists from a magazine in Germany, who managed to buy a few different ASIC miners including a usb miner. So they tried the miners for a month or so and summarized their earnings. The funny thing is that only the usb miners gave ROI, even a bit of profit.

Bear in mind that the article is from late 2013 and the btc difficulty has increased exponentially since then, which means that there is pretty much no chance of ROI, not to speak about any profit what so ever.

If somebody is interested I could tell you the article and the magazine, just answer to this thread.

you should of provided the article right away
come on now, post it

I'm guessing article is very old considering what it is comparing. As of now there is not a "thumb drive" usb miner that is not a for fun use.


Title: Re: USB Miners
Post by: smoothie on July 11, 2014, 01:06:04 AM
I've heard that USB miners aren't really useful for mining anymore but I really want to experience what mining is like, even if I'm not really getting anything more than a few satoshis. With them being pretty outdated I was wondering if anyone had one or two left over from when they actually were useful, that would be willing to send them to me. I could probably pay for shipping if need be. I understand that even the cost of the electric needed to use it, is more than I will get out f it, but it is nothing something I will be doing long. Like I said, kinda just want the experience.
Thank you all in advance.

Most miners out on ebay are obselete in profitability.

Dont forget the power costs when mining.


Title: Re: USB Miners
Post by: notlist3d on July 11, 2014, 07:36:08 AM
I've heard that USB miners aren't really useful for mining anymore but I really want to experience what mining is like, even if I'm not really getting anything more than a few satoshis. With them being pretty outdated I was wondering if anyone had one or two left over from when they actually were useful, that would be willing to send them to me. I could probably pay for shipping if need be. I understand that even the cost of the electric needed to use it, is more than I will get out f it, but it is nothing something I will be doing long. Like I said, kinda just want the experience.
Thank you all in advance.

Most miners out on ebay are obselete in profitability.

Dont forget the power costs when mining.

Good to play with if you want to mine for a little project.  But USB's stick miners are pretty much not for profit. 


Title: Re: USB Miners
Post by: ranochigo on July 11, 2014, 07:48:49 AM
I've heard that USB miners aren't really useful for mining anymore but I really want to experience what mining is like, even if I'm not really getting anything more than a few satoshis. With them being pretty outdated I was wondering if anyone had one or two left over from when they actually were useful, that would be willing to send them to me. I could probably pay for shipping if need be. I understand that even the cost of the electric needed to use it, is more than I will get out f it, but it is nothing something I will be doing long. Like I said, kinda just want the experience.
Thank you all in advance.

Most miners out on ebay are obselete in profitability.

Dont forget the power costs when mining.
Some people might just be a newbie in bitcoins and just wanted to get their hands on some USB miners just for fun purposes. Good for people who are trying to learn about mining and do not want to waste electical costs and too much heat.


Title: Re: USB Miners
Post by: ranochigo on July 11, 2014, 09:40:19 AM
I've heard that USB miners aren't really useful for mining anymore but I really want to experience what mining is like, even if I'm not really getting anything more than a few satoshis. With them being pretty outdated I was wondering if anyone had one or two left over from when they actually were useful, that would be willing to send them to me. I could probably pay for shipping if need be. I understand that even the cost of the electric needed to use it, is more than I will get out f it, but it is nothing something I will be doing long. Like I said, kinda just want the experience.
Thank you all in advance.

Most miners out on ebay are obselete in profitability.

Dont forget the power costs when mining.

Good to play with if you want to mine for a little project.  But USB's stick miners are pretty much not for profit. 

is any miner really for profit? :D
Not much, you have to invest a lot and have cheap electrical cost. Mining is really all for big miners now, small miners are already out of the game.


Title: Re: USB Miners
Post by: ranochigo on July 11, 2014, 09:49:22 AM
I've heard that USB miners aren't really useful for mining anymore but I really want to experience what mining is like, even if I'm not really getting anything more than a few satoshis. With them being pretty outdated I was wondering if anyone had one or two left over from when they actually were useful, that would be willing to send them to me. I could probably pay for shipping if need be. I understand that even the cost of the electric needed to use it, is more than I will get out f it, but it is nothing something I will be doing long. Like I said, kinda just want the experience.
Thank you all in advance.

Most miners out on ebay are obselete in profitability.

Dont forget the power costs when mining.

Good to play with if you want to mine for a little project.  But USB's stick miners are pretty much not for profit. 

is any miner really for profit? :D
Not much, you have to invest a lot and have cheap electrical cost. Mining is really all for big miners now, small miners are already out of the game.

I don't understand how can even they make profit

I mean, if they have free electricity
and mining exceeds the price of electricity

wouldn't it be more profitable to sell the electricity?

Is this even legal? If you have free electricity, but some ASICs and since you do not count electrical cost into your final calculations, your profit would be a lot more, more than selling electricity.


Title: Re: USB Miners
Post by: ranochigo on July 11, 2014, 09:54:38 AM
I've heard that USB miners aren't really useful for mining anymore but I really want to experience what mining is like, even if I'm not really getting anything more than a few satoshis. With them being pretty outdated I was wondering if anyone had one or two left over from when they actually were useful, that would be willing to send them to me. I could probably pay for shipping if need be. I understand that even the cost of the electric needed to use it, is more than I will get out f it, but it is nothing something I will be doing long. Like I said, kinda just want the experience.
Thank you all in advance.

Most miners out on ebay are obselete in profitability.

Dont forget the power costs when mining.

Good to play with if you want to mine for a little project.  But USB's stick miners are pretty much not for profit. 

is any miner really for profit? :D
Not much, you have to invest a lot and have cheap electrical cost. Mining is really all for big miners now, small miners are already out of the game.

I don't understand how can even they make profit

I mean, if they have free electricity
and mining exceeds the price of electricity

wouldn't it be more profitable to sell the electricity?

Is this even legal? If you have free electricity, but some ASICs and since you do not count electrical cost into your final calculations, your profit would be a lot more, more than selling electricity.

how can it be more then selling electricity
if you can't break even when paying electricity :D

is it legal?
I don't know about other countries, but here you can directly sell electricity to your electrical provider, the equipment for that however costs around 2000$
A kW would cost a few cents when sent to your provider. However, in a kW of power, you can mine even more amount of BTC. After some time, you can also choose to sell the ASICs.


Title: Re: USB Miners
Post by: ranochigo on July 11, 2014, 10:02:35 AM
I've heard that USB miners aren't really useful for mining anymore but I really want to experience what mining is like, even if I'm not really getting anything more than a few satoshis. With them being pretty outdated I was wondering if anyone had one or two left over from when they actually were useful, that would be willing to send them to me. I could probably pay for shipping if need be. I understand that even the cost of the electric needed to use it, is more than I will get out f it, but it is nothing something I will be doing long. Like I said, kinda just want the experience.
Thank you all in advance.

Most miners out on ebay are obselete in profitability.

Dont forget the power costs when mining.

Good to play with if you want to mine for a little project.  But USB's stick miners are pretty much not for profit. 

is any miner really for profit? :D
Not much, you have to invest a lot and have cheap electrical cost. Mining is really all for big miners now, small miners are already out of the game.

I don't understand how can even they make profit

I mean, if they have free electricity
and mining exceeds the price of electricity

wouldn't it be more profitable to sell the electricity?

Is this even legal? If you have free electricity, but some ASICs and since you do not count electrical cost into your final calculations, your profit would be a lot more, more than selling electricity.

how can it be more then selling electricity
if you can't break even when paying electricity :D

is it legal?
I don't know about other countries, but here you can directly sell electricity to your electrical provider, the equipment for that however costs around 2000$
A kW would cost a few cents when sent to your provider. However, in a kW of power, you can mine even more amount of BTC. After some time, you can also choose to sell the ASICs.

if that is true, how is it not profitable to mine while paying electricity?
You have to minus the electrical cost when you are calculating profits. The cost can be quite high if your electricity isn't cheap. You might not be able to ROI if you also have to count cooling and ASICs equipment electricity cost.


Title: Re: USB Miners
Post by: ranochigo on July 11, 2014, 10:15:50 AM
okay, I get it now
but you have to have some serious money to pull this off and get ROI right? :)
Yup, that is why most people don't mine any longer, just trading.


Title: Re: USB Miners
Post by: cech4204a on July 11, 2014, 11:30:52 AM
You will need at least 100 miners at 330MHs to get like less than 1$ per day, which is very low. They are not profitable anymore.


Title: Re: USB Miners
Post by: ranochigo on July 11, 2014, 11:45:10 AM
You will need at least 100 miners at 330MHs to get like less than 1$ per day, which is very low. They are not profitable anymore.
Those miners actually have less efficiency and requires more space and wiring rather than a simple Plug-and-play mining machine.


Title: Re: USB Miners
Post by: petersiddle98 on July 11, 2014, 12:31:42 PM
The best way to make profit from USB miners are buying it and selling it higher.


Title: Re: USB Miners
Post by: notlist3d on July 11, 2014, 01:24:54 PM
I've heard that USB miners aren't really useful for mining anymore but I really want to experience what mining is like, even if I'm not really getting anything more than a few satoshis. With them being pretty outdated I was wondering if anyone had one or two left over from when they actually were useful, that would be willing to send them to me. I could probably pay for shipping if need be. I understand that even the cost of the electric needed to use it, is more than I will get out f it, but it is nothing something I will be doing long. Like I said, kinda just want the experience.
Thank you all in advance.

Most miners out on ebay are obselete in profitability.

Dont forget the power costs when mining.

Good to play with if you want to mine for a little project.  But USB's stick miners are pretty much not for profit.  

is any miner really for profit? :D
Not much, you have to invest a lot and have cheap electrical cost. Mining is really all for big miners now, small miners are already out of the game.

I still say yes for ME personally.  I have lower priced KWH.  I had to do somethings to make it profitable again, sold and shutdown my many GPU rigs.  Parted them out. The heat and low earnings did make those where I just could not do it anymore at level I was doing.

Moved onto next generations.   I feel good about my mining operation.  And there are some good hosting options out there for those not able to have miners at home.   But I also love mining.  I think there is a good mixture with both mining and trading.  I know some will say buy and sit on it for years and profit.   But so far mining has been good to me.  The only secret is buy a quality machine, no pre-order, and have a decent power price or hosting option.   And at the end of profitability sell the miner don't put it on a shelf.


Title: Re: USB Miners
Post by: Kiloday on July 11, 2014, 03:28:59 PM
Mining with a USB miner would be worth it if the miner was a gift, the electricity was free, and the pool had no fees.


Title: Re: USB Miners
Post by: ranochigo on July 11, 2014, 03:32:32 PM
Mining with a USB miner would be worth it if the miner was a gift, the electricity was free, and the pool had no fees.
The chances of it happening? Very low. Their hashing speed aren't that fast and can only earn like 500 satoshis per day. Isn't really worth your time IMO, especially when difficulty is rising so fast.


Title: Re: USB Miners
Post by: Coef on July 11, 2014, 07:09:11 PM
Mining with a USB miner would be worth it if the miner was a gift, the electricity was free, and the pool had no fees.

Even in that situation, it may be more profitable to sell that USB miner on eBay than to use it on bitcoin mining yourself. :D


Title: Re: USB Miners
Post by: Coef on July 11, 2014, 07:13:51 PM
The best way to make profit from USB miners are buying it and selling it higher.

The profit would be very limited after shipping cost and eBay fees.
Also, you probably won't have much customers as very few people will buy USB miners nowadays. :D


Title: Re: USB Miners
Post by: minerpumpkin on July 25, 2014, 10:45:57 PM
Mining with a USB miner would be worth it if the miner was a gift, the electricity was free, and the pool had no fees.

Even in that situation, it may be more profitable to sell that USB miner on eBay than to use it on bitcoin mining yourself. :D

I think keeping one or two is a nice way of remembering the generation of the first ASICs and the good times you had with them. Too much sentimental value to sell them on eBay for a bit of worthless FIAT ;)


Title: Re: USB Miners
Post by: zhinkk on July 26, 2014, 02:11:04 AM
The best way to make profit from USB miners are buying it and selling it higher.

The profit would be very limited after shipping cost and eBay fees.
Also, you probably won't have much customers as very few people will buy USB miners nowadays. :D

You'd be suprised. People who simply hear about the success of mining from others and don't research properly just go out and buy these miners in hopes of profits. Usually people who are very very new to bitcoin.


Title: Re: USB Miners
Post by: milan74 on August 06, 2014, 10:49:42 PM
You can try your luck, but mining bitcoin with a USB is difficult.


Title: Re: USB Miners
Post by: guizai on August 06, 2014, 11:03:20 PM
i still got 10 running at home. they cant even cover my electricity cost daily.  :D


Title: Re: USB Miners
Post by: IamCANADIAN013 on August 07, 2014, 03:29:01 AM
i still got 10 running at home. they cant even cover my electricity cost daily.  :D

I had 10 of them running up until a few weeks ago.  What are 10 earning these days before electricity costs?

If my computer wasn't in my bedroom I'd probably have usb and cubes still mining. I'm not the one that covers the cost of electricity.


Title: Re: USB Miners
Post by: TheJohn on August 07, 2014, 03:46:42 AM
i still got 10 running at home. they cant even cover my electricity cost daily.  :D

Then why are you still running it?


Title: Re: USB Miners
Post by: ranochigo on August 07, 2014, 10:59:52 AM
i still got 10 running at home. they cant even cover my electricity cost daily.  :D

Then why are you still running it?
Many people only wants to contribute to the network. They only take about a few dollars per month, many people just do it as their hobby. It is nice to see the lights blinking when they find a share.


Title: Re: USB Miners
Post by: Datcracktho on August 07, 2014, 11:33:55 AM
USB miners? when did this stop being useful?


Title: Re: USB Miners
Post by: ranochigo on August 07, 2014, 12:12:47 PM
USB miners? when did this stop being useful?
USB miners have no cooling, therefore you can't put efficient ASIC chips there. Also, after so much more efficient ASICs came out, the difficulty skyrocketed and they are unprofitable. These are only for collectors and people who want to mine as a hobby but do not want a big and expensive ASIC which emits a lot of heat.


Title: Re: USB Miners
Post by: notlist3d on August 07, 2014, 12:41:01 PM
USB miners? when did this stop being useful?

It's mainly the ROI factor to me.  It's much more efficient for other "machines".  Most ones with newer chips are high price per GHz.   And older ones are cheap like BE's, but speed is slow and add in hub cost.  It's most likely far better to get a bigger miner.


Title: Re: USB Miners
Post by: Bitsaurus on August 07, 2014, 01:04:46 PM
USB miners? when did this stop being useful?
USB miners have no cooling, therefore you can't put efficient ASIC chips there. Also, after so much more efficient ASICs came out, the difficulty skyrocketed and they are unprofitable. These are only for collectors and people who want to mine as a hobby but do not want a big and expensive ASIC which emits a lot of heat.

Say what?  Efficient means less wattage per GH/s produced.   Efficient chips are exactly what you need to put into a SUB stick.

The reason they are no longer made is that the housing and interface for the USB miner is more than the cost of the chip itself.  Compare that will industrial miners which have hundreds of chips and only 1 power and data interface - economically it's inefficient to make a USB miner.


Title: Re: USB Miners
Post by: some1 on August 07, 2014, 01:34:02 PM
In other news: https://bitcointalk.org/index.php?topic=719672.0

Beware of untrusted USB devices!