Bitcoin Forum

As the title says, is buying a 2Gh/s ASIC USB Miner a good deal?

No. Not if you plan to seriously want to mine Bitcoin. Yes, if you want to test how things work and maybe mine a certain altcoin.

No, old hardware needs to much power to ROI even if you get the hardware for free.

How much Bitcoin can I make with 2Gh ? And Litecoin?

0 Litecoin.

and assuming its a Blue Fury with 2.5 GH/s and 2.5 Watts

0.001478 BTC until the end of the year, if you pay 1 cent per KW/h, the difficulty does not rise (it will), you pay no fee to the pool you mine with and you did not pay a single cent for the hardware.

Assuming the minimum payout for the pool you connect to is 0.01 BTC you could get a payout ~ August 2017.

Oh and the computer you connect the miner with does need 0 Watts.


All caluclations done here -> https://bitcoinwisdom.com/bitcoin/calculator

0.00051596 BTC per month. and it will only go down.

How much are you going to pay for a 2Gh/s stick miner?  Did you know that sidehack and novak developed an 11Gh/s ASIC stick which was just recently released and is currently available for something like $20US plus shipping?  You can read about it here -

https://bitcointalk.org/index.php?topic=1126705.0

2GH/s would never ROI unless you have unused solar panels which is lying around. Even so, there are plenty of more efficient ASIC that can be used for mining using your solar panels. Even so, the difficulty and price will fluctuate so much that there isn't a certainty to whether it would ROI.

2Ghs is totally worthless for the current Bitcoin market. Anything old enough to be THAT low on mining rate is going to eat more electric than you make in Bitcoin by quite a bit, unless you have FREE electric or only plan to use it in the winter a space heater (effectively free electric).

 Even the sidehack/novak stick miner has pretty close to zero chance to achieve RoI if you have to pay for your electric - and it's the best "stick" miner available by a wide margin at this time.


 SHA256 miners can NOT be used to mine non-SHA256 coins like Litecoin (or Dark or Doge etc). For Litecoin and Doge you need a Scrypt miner, for Dark at this point there are no ASIC at all (dunno if Dark is mineable at a profit with GPUs but that's the only way you have a prayer of doing so).

2Ghs won't give returns. if you want to start mining you will need to invest a large amount of money. At this point it is too much of a risk to invest in mining.

its like a pen of 2013 soo better say not good for satoshis even

For 2GHs, directly mining the bitcoin will be waste of time, money and electricity. But, if you mine an alt coin t the same 2GHs, it'll at least give some return.

If you're looking to use it just as the novelty of being in the mining business then yes it's probably a good investment.  If you're hoping to make money on it it's probably not such a good investment.

Regards,
Yan

 Can't mine altcoins (for the most part) with a SHA256 miner - and none of the few altcoins that DO use SHA256 return noticeably better and are generally LOWER return than Bitcoin mining is in value per GH.

This is really just a fun product series at this point with USB miners.   Look at the compac it's the newest stick miner.   Chances are best money per gh on stick miner.   But still is for fun not ROI on those.

Personally I consider things such as these used for lotto mining not much use for regular mining.

With 2/GH you are going to make .12 cents a month at the current difficulty, maybe, before you take into account the cost of electricity and equipment.  I doubt it is a good deal.  I would not pay more than .50 cent for it. 

No.

Bad for you but good for the person who duped you.

A decent amount of people collect usb miners.  You are never going to get it for .50 cents.

Even the block erupters bring a decent amount considering they are so old just as collectibles.   Not sure which one the 2GH/s was but I'm guessing min of 20 something for it.  Stick miners are not ROI machines.

From what I hear, a respectable amount of power is measured in the Terahertz. I think that (depending on the price of your electricity) to really make a profit, you need at least two Terahertz of power at your disposal.

i think everyone can start with one single antminer s5, it give you your 0.01 a day or around that

surely gh is not even worth with some altcoin anymore

Also, something worthwhile to mention is that if you're mining, you're in it for the long haul. Once you get some good mining equipment (like amph said, an S5 miner is pretty basic and is a good way to start), you usually have to persist or about a year, maybe two to break even. After that period is that you're going to start seeing profit, That is, assuming nothing really goes wrong and gets between you and profitable mining operation. An S5 is sold for about $450, and It may use up to 800W. It provides a hashing power of 1.1 Terahertz. The game is looking for something that is cheap, efficient (Gh/W is a good measurement to know) and has a respectable amount of hashing power (in my opinion a good start is two S5).
Mining is not for everyone, so be sure to know what you're getting into and whether you can get into it... before you find yourself making a purchase that you're going to regret.

that is 1 cent or .01BTC?

I'm pretty sure it's 0.1 BTC, based on the profitability estimates I've seen. You usually seem break even in a year or two, so BTC0.01 or a little bit more is what makes sense in those timeframes.

0.01 is 1/100 of btc which mean $2.4 per day

Noperz. Unless you are mining a NEW out of the box altcoin right out of gate. That is the best fighting chance you will ever get at all in the mining game. You'd be hammered

by other people's ASICs until kingdom come. Someone said they may have mined a BTC solo mining with something like what you are looking at, but that is OUT TO ORBIT LUCK.

GOOD LUCK with that endeavor.

At LEAST a Ths miner could get you started, Methinks. Hell, I even have nearly 0.0001 on a Asic U3 for running it for a couple days. Won't help much till I pair it with the 2 antminer S3s.